UNDERSTANDING PETRODOLLAR: US DOLLAR, OIL PRICES & SAUDI ARABIA (EITS #5)

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This is soo good! Literally knew so little around this & now I feel so informed. Love it! Subscribed!

Автор — Seema

Isreal behind the petroleum dollars ... not surprising...another piece of the elusive puzzle.

Автор — Alessandro V Berlingeri

Finally, I found an American who understands the Saudi-US relationship correctly
Saudi Arabia sells oil in dollars, which is what makes the dollar a value and acceptance to this day. 👍👍⁦🇸🇦⁩

Автор — Abdullah Alshehri

So, the "petrodollar" was a move to avoid demand-pull inflation.
Milton Friedman was very wrong on a great many of his economic theories. We are still paying the price for his neoliberal nonsense, which failed completely in 2008. The dollar is in no way tied to the value of any commodity. There is no economic model that can explain the value of the exchange rate of the dollar because it is driven by speculation. The interest rate is in no way the result of market forces. The Fed appoints the interest rate.
In terms of understanding international trade, you must understand macroeconomic sectoral balances. It does not appear that this video covers it at all.

Автор — Kain Alrik

Really Enjoyed this video....I enjoyed approaching the market from another angle. Ive been on the fence of signing up for the full course. But seeing your knowledge in other areas has brought me one step closer in realizing that you not just in it for a quick buck. Thanks

Автор — SaffinRed

commodities is the only thing keeping the dollar afloat. A good book to read is the confession of economic hit man he talks about the deal with Saudi and Latin countries and the IMF. But its also the same reason they killed Ghaddafi, we wanted to see his oil in a new gold backed African currency and we see how that went, Also Saddam was in talks of selling in Euro and he got killed. I think now that the demand for oil has come down and we (globally) are shifting to green energy, it would be interesting to see what comes out of it. I know Armoc is already building/built Solar farm and it plans to distribute throughout the middle east.

Автор — Lance Branford

Omg this is incredible, thank you so much to put it together sooo much appreciated 🍀

Автор — Katerina Svobodova

we should s nd must stop importing oil. let's convert all cars to natural gas in america. mandate that all new cars run on cng implement more filling stations. print money to find this devs lying out currency and this will also being kind back from china then stop all trade with china

Автор — Nun Urbuisness

Very appropriate given Wednesday's OPEC announcement, looking forward to the rest.

Автор — Gary Foster

You left out all the wars, because of the Petro dollar.

Автор — Aimee12345 B

Informative. Thanks for the wonderful documentation on PetroDollar relationship

Автор — Dinesh Jaladurgam

Great audio. Good quality mic you have.

Автор — Karl Roberts

Reminds me of the book n movie.. "rollover".

Автор — billy kobilca

I have tried explaining to ppl one of the main reasons for 9/11 was to invade and control the middle east. And to kill Saddam. There is more evidence about 9/11 other than the science and engineering on how the buildings came down. US foreign and monetary policy and economics played a major role and I feel like ppl miss the clues bc they are so focused on whether or not the towers came down by means of cd. The petrodollar is the key to understanding involvement in the middle east. Bretton Woods Agreement, Vietnam War and Nixon Shock, US deal with SA, Saddam switching to euro all clues to involvement in the middle east and all proven fact without the conspiracy. But from these facts there should definitely be some flags raised. And what happened to ppl trusting there gut? And now all anyone needs is an "official" in the report and somehow it is proven imperocaly. “Until you know who has lent what to whom, you know nothing whatever of politics, you know nothing whatever of history, you know nothing of international wrangles.”

— Ezra Pound

Автор — devin7136

You are exactly right, the collapse of the American dollar will happen and is foretold in Bible Prophecy. The best way to prepare is to be spiritually prepared and not just physically prepared because our spirit will return to the creator GOD after our flesh body dies then we wait for judgement by GOD the Father and if we are not born again believers in CHRIST we will have to pay the penalty for all our sins in hell forever. So no one enters the Kingdom of paradise in heaven without being a born again believer in JESUS CHRIST. We believers are not perfect, just forgiven. America's dollar and financial collapse in Isaiah chapter 47 will happen, but the only lasting hope is in accepting JESUS CHRIST for the forgiveness of our sins and everlasting life in the kingdom of GOD and eternal paradise forever and ever without = Isaiah 47 Amplified Bible, Classic Edition (AMPC)

47:1. Come down, and sit in the dust, O Virgin Daughter of Babylon; sit on the ground [in abject humiliation]; there is no throne for you, O Daughter of the Chaldeans, for you shall no longer be called dainty and delicate.
2 Take the millstones [like the poorest female slave of the household does] and grind meal; take off your veil and uncover your hair. Remove your skirt, bare your leg, wade through the rivers [at the command of your captors].
3 Your nakedness shall be exposed, and your shame shall be seen. I will take vengeance, and I will spare no man [none I encounter will be able to resist Me],
4 [Says] our Redeemer—the Lord of hosts is His name—the Holy One of Israel.
5 Sit in silence and go into darkness, O Daughter of the Chaldeans; for you shall no more be called the lady and mistress of kingdoms.
6 I was angry with My people, I profaned My inheritance [Judah]; and I gave them into your hand [Babylon]. You showed them no mercy; upon the old people you made your yoke very heavy.
7 And you said, I shall be the mistress forever! So you did not lay these things to heart, nor did you [seriously] remember the certain, ultimate end of such conduct.
8 Therefore now, hear this, you who love pleasures and are given over to them, you who dwell safely and sit securely, who say in your mind, I am [the mistress] and there is no one else besides me. I shall not sit as a widow, nor shall I know the loss of children.
9 But these two things shall come to you in a moment, in one day: loss of children and widowhood. They shall come upon you in full measure, in spite of the multitude of [your claims to] power given you by the assistance of evil spirits, in spite of the great abundance of your enchantments.
10 For you [Babylon] have trusted in your wickedness; you have said, No one sees me. Your wisdom and your knowledge led you astray, and you said in your heart and mind, I am, and there is no one besides me.
11 Therefore shall evil come upon you; you shall not know the dawning of it or how to charm it away. And a disaster and evil shall fall upon you that you shall not be able to atone for [with all your offerings to your gods]; and desolation shall come upon you suddenly, about which you shall know nothing or how to avert it.
12 Persist, then, with your enchantments and the multitude of your sorceries [Babylon], in which you have labored from your youth; and see if perhaps you will be able to profit, if you will prevail and strike terror!
13 You are wearied with your many counsels and plans. Let now the astrologers, the stargazers, and the monthly prognosticators stand up and make known to you and save you from the things that shall come upon you [Babylon].
14 Behold, they are like stubble; the fire consumes them. They cannot even deliver themselves from the power of the flame [much less deliver the nation]. There is no coal for warming or fire before which to sit!
15 Such to you shall they [the astrologers and their kind] be, those with whom you have labored and such their fate, those who have done business with you from your youth; they will wander, every one to his own quarter and in his own direction. No one will save you.
The United States In Bible Prophecy
AMERICA'S DESTINY IN BIBLE PROPHECY

AMERICA'S DESTINY IN BIBLE PROPHECY VIDEO 2

Автор — Mark Dilley

The petrodollar is flawed, it was created with the intention, of buying oil from the ME,
and with dollars the arabs would get, they would buy finished products from the West...

The flaw arose when 100 different countries started to produce oil, now there´s a new scheme (better), bitcoin, if all transactions on the inet, are obligated to be traded in bitcoin,
a new Money order will arise!!!

Автор — Roger Diogo

Nicholas, i really learn so much from all your videos. thank you for providing these information. please continue with what you are doing.

Автор — Mohd Ghazali Hj Jamaluddin

why would it be bad if the Saudi's sold their US securities?

Автор — KatynMermaid 187

Good thing most Americans are too busy watching football and Dances With The Stars to realize the Petro Dollar is the reason Saudi Arabia gets a free pass for 911. Sad....

Автор — bigart1993

Great video btw info everyone should be familiar with.

Автор — devin7136