{"id":190978,"date":"2009-10-09T13:23:00","date_gmt":"2009-10-09T18:23:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/10\/09\/conspiracy-theories-abond-on-us-dollar\/"},"modified":"2009-10-09T13:23:00","modified_gmt":"2009-10-09T18:23:00","slug":"conspiracy-theories-abond-on-us-dollar","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/10\/09\/conspiracy-theories-abond-on-us-dollar\/","title":{"rendered":"Conspiracy Theories Abond on US Dollar"},"content":{"rendered":"<p>We are now getting reports that, &#8220;<a href=\"http:\/\/www.independent.co.uk\/news\/business\/news\/the-demise-of-the-dollar-1798175.html\">Gulf Arabs are planning \u2013 along with China, Russia, Japan and France are planning to start trading oil using a basket of currencies<\/a>,&#8221; rather than the US dollar, over the next <span>decade<\/span>.<\/p>\n<p>The source is <span style=\"font-style: italic;\">The Independent<\/span>, which has a pretty good reputation as a newspaper, even if it publishes in tabloid (excuse me, &#8220;compact&#8221;), and it is cast as one involving much in the way of cloak and dagger secrecy, which is a bit much.<\/p>\n<p>Additionally, they cast the invasion of Iraq as being driven by Saddam Hussein&#8217;s decision to Euro denominate his oil sales driving the invasion of <span>Iraq<\/span>, when this is clearly <span style=\"font-weight: bold;\">not<\/span> the case.<\/p>\n<p>There are any number of reasons for such a discussion to take place, most notably greater stability in oil prices for the rest of the world, though there might also be a desire to re-balance the unipolar world that allowed the United States to invade Iraq with impunity in the first place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are now getting reports that, &#8220;Gulf Arabs are planning \u2013 along with China, Russia, Japan and France are planning to start trading oil using a basket of currencies,&#8221; rather than the US dollar, over the next decade. The source is The Independent, which has a pretty good reputation as a newspaper, even if it &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080,1135,964],"tags":[],"class_list":["post-190978","post","type-post","status-publish","format-standard","hentry","category-currency","category-energy","category-foreign-relations"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190978"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190978"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190978\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}