Nuclear Weapons My Ass
Today's headline "Iran to maximize oil income in non-U.S. currency" is a straightforward explanation of why the war drums are beating toward Iran, which has the courage to advance its own economic interests, but upsets the pyramid scheme that the Federal Reserve set up since Nixon took the United States off the gold standard (for more on this topic, see post below entitled "New Money, Old Money").
Hojjatollah Ghanimifard, international affairs director of the state-owned National Iranian Oil Company (NIOC), confirmed that Tehran has asked customers in Japan to pay for their crude oil in yen instead of dollars.
NIOC is now asking customers in Japan -- all of whom previously bought Iranian oil in dollars -- to open letters of credit in yen, the official said. The state oil company will also issue its invoices in the Japanese currency.
After Japan makes the switch, more than 70 percent of the Islamic Republic's oil revenue will be in currencies other than the dollar, said Ghanimifard.
Iran, OPEC's second biggest producer, exports around 2.3 million barrels per day (bpd) of crude, with up to 65 percent of that volume moving into Asia.
***
Iran gives one of America's biggest creditor nations, Japan, an incentive not to hold dollars in its reserves and our media pretend that this is a dispute about nuclear weapons.
5 Comments:
Globalism must maintain the feed back system of the dollar hegemony to keep functioning.
A meltdown is in the offing. Why that is going to happen is the subject of lots and lots of reasons and motivations, but suffice it to say that the dollar will be the last currency standing.
When it goes, the others will have gone.
We are rapidly destroying our resource base in North America by shipping our resources into the Global feedback system.
That is all done in an effort to make profit.
This system will defeat itself, as it does not measure anything 'real' but measures 'value' in debt tokens or money.
Very big trouble on the horizon.
polo ralph lauren, prada outlet, oakley vault, christian louboutin shoes, cheap oakley sunglasses, tory burch outlet online, true religion, michael kors outlet, coach outlet, prada handbags, michael kors outlet online, chanel handbags, louis vuitton outlet, tiffany jewelry, gucci handbags, burberry outlet online, kate spade outlet, michael kors outlet online, coach outlet store online, michael kors handbags, oakley sunglasses, louis vuitton outlet online, tiffany and co jewelry, longchamp outlet online, ray ban sunglasses, michael kors outlet store, louis vuitton, nike air max, longchamp outlet, red bottom shoes, true religion outlet, polo ralph lauren outlet, jordan shoes, michael kors outlet online, nike outlet, ray ban outlet, christian louboutin, nike free, nike air max, burberry outlet online, kate spade outlet online, louis vuitton outlet, coach outlet, longchamp handbags, louis vuitton handbags, coach purses, christian louboutin outlet
babyliss, new balance outlet, replica watches, vans outlet, mcm handbags, celine handbags, beats headphones, nike trainers, nfl jerseys, giuseppe zanotti, jimmy choo shoes, ugg boots, birkin bag, asics shoes, canada goose outlet, ferragamo shoes, insanity workout, nike huarache, chi flat iron, hollister, abercrombie and fitch, uggs outlet, north face jackets, north face jackets, mac cosmetics, soccer jerseys, canada goose outlet, uggs outlet, uggs on sale, bottega veneta, instyler ionic styler, ugg boots clearance, nike roshe, valentino shoes, lululemon outlet, ugg, marc jacobs outlet, ugg outlet, longchamp, ghd, reebok shoes, ugg soldes, p90x workout, soccer shoes, wedding dresses, mont blanc pens, herve leger, canada goose outlet, canada goose
ugg, gucci, canada goose, iphone 6 case, hollister canada, vans, canada goose, swarovski uk, pandora jewelry, air max, ray ban, pandora charms, moncler, timberland shoes, moncler outlet, moncler, canada goose, replica watches, louis vuitton canada, uggs canada, coach outlet, juicy couture outlet, converse shoes, thomas sabo uk, nike air max, juicy couture outlet, ralph lauren, hollister clothing, moncler, hollister, supra shoes, louboutin, toms outlet, oakley, canada goose pas cher, parajumpers outlet, moncler, wedding dress, baseball bats, converse, swarovski jewelry, links of london uk, lancel, moncler outlet, pandora uk, karen millen, moncler, montre femme
air jordan shoes for sale
fitflops sale
longchamp handbags
louis vuitton bags cheap
rolex uk
winter jackets
cyber monday deals
oakley sunglasses wholesale
ray ban,rayban,occhiali ray ban,ray-ban,ray ban occhiali,ray ban sunglasses
michael kors handbags sale
ferragamo outlet
tiffany and co
michael kors handbags
north face outlet
ugg boots
rolex watches
ralph lauren outlet
marc jacobs
coach outlet online
abercrombie and fitch
gucci,borse gucci,gucci sito ufficiale,gucci outlet
1207minko
Post a Comment
Subscribe to Post Comments [Atom]
<< Home