From Pacific Free Press
By David Chibo
''The US’s grand strategy then became to maintain its economic supremacy
which depends entirely on a strong dollar and relies on its ability to
force nations to make their energy acquisitions in US dollars and invest
their petrodollars in US Treasuries and ultimately US banks. The US
banks then use fractional reserve banking to earns around half a
trillion dollars yearly while allowing the US to run up trillions in
debt. If the dollar were not backed by black-gold, then central banks
throughout the world would dump it overnight.''
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