Red Soviet Union
Chapter 730 US dollar oil system
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The U.S. dollar is the world's currency, and the U.S. dollar is the strongest. However, if you have studied economics, you know that currency is only a general equivalent. If you look at it from this perspective, there are only physical currencies, such as gold and silver, which are natural precious metals. Only then can it function as a currency in circulation, and the U.S. dollar is just a piece of paper printed by the Americans.
However, this paper is very strong. This is because of the role of US policy. After the end of World War II, almost all the gold in the world flowed to the United States. The United States' sufficient gold reserves, coupled with its leadership in the Western world after the war, made the Western world acquiesce in the circulation status of the US dollar, and the British pound plummeted.
The United States converts the U.S. dollar according to a fixed golden ratio. At this time, the U.S. dollar is equivalent to gold. This system, the Bretton Woods system, supported the recovery and development of the Western world after the war. Unfortunately, this system is based on the U.S. It is related to domestic gold reserves. As the United States continued to reduce gold reserves, this system eventually collapsed during the Nixon era.
At this time, the world is already flooded with a large amount of US dollars. If all these US dollars flow back to the United States, the US economy will collapse in an instant, and the US dollar will also depreciate and become waste paper.
Therefore, at this time, Americans have found a way to replace gold, black gold, oil!
In this era, oil is an irreplaceable energy source, and it can be used as a hard currency internationally. However, it is a pity that the United States does not have rich oil reserves and cannot use this thing as gold. However, the United States will soon After finding a workaround, after negotiating with Saudi Arabia, OPEC decided to adopt the US dollar, an international currency, as the only currency for oil settlement!
In this way, if any other country wants to buy oil, it must have US dollars! And the way they get it is to export commodities. Then, the United States only needs to print banknotes to obtain various items, and these commodities are simply given to the United States for free. The exported commodities obtain dollars and then give them to oil-producing countries. Oil-producing countries export oil, and at the same time obtain a large amount of dollars, and these dollars can continue to circulate in the world to buy goods from other countries, and can also flow back to the United States to satisfy the luxurious life of local tyrants in the Middle East.
During the whole process, the United States is simply a white wolf with empty hands. Of course, the United States also has to pay a price, which is the use of American force to ensure the security of these countries. Why does Saudi Arabia agree to use the US dollar as the only settlement currency for oil? That's because these local tyrants need bodyguards.
But now, this balance has been broken. The United States cannot provide protection to these countries, nor can the United States control these countries. Then, the US dollar oil system has no basis for existence!
The system proposed by Nixon at the beginning was for the United States to continue to exploit the third world countries! Now, the countries of the third world have woken up, and they will never allow the United States to exploit them like this! Oil is a gift from the true God to the Middle East, how could it be cheaper for the Americans in the end! Let Americans continue to print dollars and spend them all over the world! It is equivalent to paying for Americans all over the world!
The military struggle is over, and the economic struggle can better hit the United States! One of the tricks Andre used in 1982 was to disintegrate the dollar oil system!
However, we use U.S. dollars to settle oil because the U.S. dollar is the world's currency. We can avoid all kinds of troubles and disadvantages such as the exchange rates of various countries. If we don't use U.S. dollars to settle, what should we use? Hearing Andre If so, the new Iraqi oil minister Farabi said.
Different countries have different economic development and exchange rates, and the currencies of various countries may depreciate at any time. Therefore, there are also reasons why the Middle East chose the US dollar for settlement. After all, the US dollar was still a relatively strong currency in the world at that time.
That's because of the exploitation of the Americans! The Americans use the dollar oil system to kidnap all our oil-producing countries! Andre said: If there is no dollar oil system,
The U.S. dollar is no longer the world currency. The high-quality life that Americans enjoy now is exploiting the interests of our oil-producing countries!
Andre's voice was a bit loud, and Farabi trembled all over when he heard it. He secretly scolded himself for being stupid. At this time, even Uday and Qusay didn't dare to take Andre's face off. Opinion! Isn't this courting death?
Damn it!
Fortunately, Andre was not really angry, but just expressed contempt for the short-sightedness of being a high-level national official. He doesn't even have this knowledge, so what kind of high-level official is he?
General Andre, what currency should we use as the settlement currency? Kusai asked carefully, Is it rubles?
The Soviet Union helped Iraq and won the war, of course it was to ask for benefits, and this benefit could not be satisfied only by obtaining a few oil wells in Saudi Arabia. Abandon the petrodollar system, what currency is used? It must be rubles! In this way, all the benefits enjoyed by the United States are now taken by the Soviet Union!
Our ruble is stronger than the U.S. dollar, and there are many countries that use ruble. In addition to our Soviet Union, countries in Eastern Europe are also the main users of ruble. Therefore, it is definitely the most appropriate to use ruble for settlement. Yes. Andre said: However, at this stage, it would be too hasty to switch directly to ruble settlement.
Of course, Andrei will not give up the way of using rubles to settle oil. Now, the Soviet Union is a major oil exporter, and Iran and Saudi Arabia, which are directly controlled by the Soviet Union, use rubles to settle. It is no big deal, and Iraq, now Even if they have opposing opinions in their hearts, they dare not speak out. But now, it is inappropriate to directly say that the settlement is in rubles.
The reason is simple, because the oil exported from the Middle East is mainly for the West! Even the oil exported by the Soviet Union was for Western Europe. And the Western world is headed by the United States. If one side unilaterally announces to abandon the US dollar to settle oil and switch to rubles, what will be the result?
Boycott of the whole western world! They will never agree. Under the manipulation of the United States, they will definitely sacrifice their own country's industry to fight against oil-producing countries!
If the Middle East does not export oil, then the black gold in the ground is nothing! Therefore, it is inappropriate not to deal with it simply and rudely.
what to do? To disintegrate the West from within, of course! (To be continued.)
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