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Monday, September 17, 2012

''Reserve Currency Supremacy: Why Euro Lost to Dollar ?''

From This Day Live

''Charles de Gaulle started it. On February 4, 1965, in a press conference, he publicly questioned dollar's supremacy as oil denominated currency. Going further, he proposed an immediate return to the principles of the gold standard. Questioning dollar's ''unearned privileges,'' General de Gaulle didn't realize he was crossing the line. By attacking the dollar imperium, he became the CIA's enemy number one.

Not even failing severally to assassinate him stopped the CIA. Disgracing him out of office seemed the best way to teach de Gaulle the greatest lesson of his life. Stage-managing ''swarming adolescents'' youth unrests in entire France, he was forced to resign as the President of France in 1969. His exit paved the way for the installation of George Pompidou — a leading American puppet — as new the French President.''

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