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The fall of the Petrodollar and the end of the FED in 2013, is it all connected?

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posted on May, 31 2012 @ 01:21 PM
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The transition of world power is such a complicated issue, but one that I've though of many times recently and will try and put down in this thread as best I can. This thread is going to discuss the federal reserve system, the waking up of the masses and the global power shift away from the west, and how it all may well be tied together.

Many people argue that the world is 'waking up'. There is talk of revolution in America, economic meltdown etc, people are becoming aware of the Federal Reserve destroying the US economy by printing money and devaluing the dollar.

However, are people also aware that the Federal Reserve Charter ends in December 2013?

www.dailypaul.com...


"In December of 2013, the Federal Reserve Charter will come to an end. The monetary enslavement created by Woodrow Wilson and the Central Bankers will come to a close.

In order for the Federal Reserve to retain control over the United States money supply, this charter will have to be resigned by Congress.

Yet, considering the public knowledge of how dangerous central banks are to a governmental system, it may pose a problem for the privately owned bank to reup their charter."


So, this awakening of the masses might actually be the plan of TPTB to fulfill the agenda of transitioning the power of the world away from America. TPTB I refer to are the likes of the Rothschilds and Rockerfellers, they don't hold themselves to anyone country, they will be where the power is, they are the hidden hand. All good things come to an end, Empires rise and fall, and TPTB simply 'switch alliances' as it were to wherever the boom is happening. I strongly believe the demise of the US dollar is in relation to the Fed ending in 2013- and this has been planned all along.

What power shift am I referring to? Well, the American dollar has lost value increasingly, the FED is printing more and more money (devaluation), people are waking up to Ron Paul's message yet people need to understand why the dollar gained such strength as the world's currency reserve. It's through oil-

spyghana.com...



There’s a major shift under way, one the US mainstream media has left largely untouched even though it will send the United States into an economic maelstrom and dramatically reduce the country’s importance in the world: the demise of the US dollar as the world’s reserve currency.

For decades the US dollar has been absolutely dominant in international trade, especially in the oil markets.

This role has created immense demand for US dollars, and that international demand constitutes a huge part of the dollar’s valuation.

Not only did the global-currency role add massive value to the dollar, it also created an almost endless pool of demand for US Treasuries as countries around the world sought to maintain stores of petrodollars.

The availability of all this credit, denominated in a dollar supported by nothing less than the entirety of global trade, enabled the American federal government to borrow without limit and spend with abandon.



TPTB have always known the reliance on the US dollar wouldn't last forever, as other nations rise and grow economically, countries will start to question the need to rely on the dollar. And this is happening right now, the world to them is a monopoly board-



In fact, they are doing more than pondering. Over the past few years China and other emerging powers such as Russia have been quietly making agreements to move away from the US dollar in international trade.

Several major oil-producing nations have begun selling oil in currencies other than the dollar, and both the United Nations and the International Monetary Fund (IMF) have issued reports arguing for the need to create a new global reserve currency independent of the dollar.

More generally, the United States is not the global superpower it once was. These trends are very much connected, as demonstrated by the world’s response to US sanctions against Iran.



The US has seemingly been very ignorant in thinking sanctions on Iran would stop the oil deals- the other economic powers such as India, China and Russia don't have to rely on the dollar to trade-

China is increasing her deals with Saudi Arabia, it's only a matter of time before they ditch the US dollar-



China imported 1.4 million barrels of oil a day from Saudi Arabia in February, a 39% increase from a year earlier, and the two countries have teamed up to build a massive oil refinery in Saudi Arabia.

At some point they will decide that involving US dollars in every transaction is unnecessary and expensive, and they will ditch the dollar.

When that happens, the tide will have truly turned against the dollar, as it was an agreement between President Nixon and King Faisal of Saudi Arabia in 1973 that originally created the petrodollar system.

Nixon asked Faisal to accept only US dollars as payment for oil and to invest any excess profits in US Treasury bonds, notes, and bills. In exchange, Nixon pledged to protect Saudi oilfields from the Soviet Union and other potential aggressors, such as Iran and Iraq.

That agreement created the foundation for an incredibly strong US dollar. All of the world’s oil money started to flow through the US Federal Reserve, creating ever-growing demand for both US dollars and US debt.



Other moves from the US dollar-



Russia and China are leading the charge. More than a year ago, the two nations made good on talks to move away from the dollar and have been using rubles and renminbi to trade with each other since.

A few months ago the second-largest economy on earth – China – and the third-largest economy on the planet – Japan – followed suit, striking a deal to promote the use of their own currencies when trading with each other.

Similarly, a new agreement among the BRICS nations (Brazil, Russia, India, China, and South Africa) promotes the use of their national currencies when trading, instead of using the US dollar.

Then there’s the entire continent of Africa. In 2009 China became Africa’s largest trading partner, eclipsing the United States, and now China is working to expand the use of Chinese currency in Africa instead of US dollars.



With the Fed charter ending December 2013, the American people increasingly being turned against its own system, it all seems to fit together as part of the plan for the NWO- which is basically the transition of power from the West. TPTB will still be the same forces, just they'll operate on the other side, remaining 'hidden' the people are just pawns in the game.

The evidence is all around us, the FED recently sold a US bank to China-

www.usatoday.com...

Remember the FED is TPTB, they don't represent America, they represent themselves, if the American economy collapses (which I believe is planned for next year, maybe earlier) the powers behind the FED will simply transition to the emerging powers and the hidden hand behind the world's power will continue.




 
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