USD vs Euro

Intbel · 07-12-2005, 01:14 AM

Iran to switch fully to euros.

Already since the summer of 2003 Iran has required payments in the euro currency for its European and Asian/ACU exports.

This is exactly what Saddam proposed just before his country was invaded.

Saddam Hussein in 2000 insisted Iraq's oil be sold for euros, a political move, but one that improved Iraq's recent earnings thanks to the rise in the value of the euro against the dollar and in a Financial Times article dated June 5, 2003, which confirmed Iraqi oil sales returning to the international markets were once again denominated in U.S. dollars – not euros.

Don't be deceived these wars are not just oil wars, the real war is EURO vs. USD.

International trade used to be done in gold, but since the Bankers used WWI and WWII to remove all the Gold the exchange has been in USD under an agreement called Bretton Woods.

Under Bretton Woods America received a kickback for every USD used in international trade.

That kickback is what's kept America alive for the last 70 years.

Saddam and Iran moving to the EURO threatens to force Americans to actually work for their living, to trade on a level playing field with all others.

This is considered a "Terrorist Action" by America....

Mikeuk · 10-12-2005, 08:42 AM

Quote:

Originally Posted by Intbel

This is considered a "Terrorist Action" by America.... [/color]

The Americans consider any action they don't control to be a 'terrorist action'

No wonder they trashed Saddam, in the grossest act of naked aggression since Hitler invated Poland.

I wouldn't be surprised if Bush had only one testicle...

07-12-2005, 01:14 AM	#1 (permalink)
Intbel Uber Member Join Date: Dec 2004 Location: In a field near you - look for the yellow and purple tent ... Posts: 4,665	USD vs Euro Iran to switch fully to euros. Already since the summer of 2003 Iran has required payments in the euro currency for its European and Asian/ACU exports. This is exactly what Saddam proposed just before his country was invaded. Saddam Hussein in 2000 insisted Iraq's oil be sold for euros, a political move, but one that improved Iraq's recent earnings thanks to the rise in the value of the euro against the dollar and in a Financial Times article dated June 5, 2003, which confirmed Iraqi oil sales returning to the international markets were once again denominated in U.S. dollars – not euros. Don't be deceived these wars are not just oil wars, the real war is EURO vs. USD. International trade used to be done in gold, but since the Bankers used WWI and WWII to remove all the Gold the exchange has been in USD under an agreement called Bretton Woods. Under Bretton Woods America received a kickback for every USD used in international trade. That kickback is what's kept America alive for the last 70 years. Saddam and Iran moving to the EURO threatens to force Americans to actually work for their living, to trade on a level playing field with all others. This is considered a "Terrorist Action" by America.... __________________ We are all free to choose - every step of the way - no exceptions.

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