The petrodollar system of oil sales in US dollars followed by recycling of those dollars into US debt bonds from the US Treasury is accomplished on the US end by manufacture of digital computer dollars and paper dollars from a printing press. By some peoples calculations because of the petrodollar system the main export item of the USA are Federal Reserve dollars.
How things change. Once upon a time the people of the USA were employed making actual real things for sale here and for export around the world. We had real capital. The real capital, the factories, steel industry, auto manufacturing, oil production, oil refineries have been moved out of the USA due to the petrodollar for the most part. That has left Federal Reserve dollars as the main export item from the USA to other countries. It is hard to believe but true and how pathetic it is that this once great Nation has been reduced to this state of affairs.
Nowadays people struggle for basic necessities and it is all due to inflation from the immense quantity of dollars the Federal Reserve is pumping into banks all over the world along with their zero % interest rates to banks which hurts anyone else who is not a banker. Basically the Bankers, they own the Federal Reserve money printing franchise, have destroyed the economy of the USA. To add insult to injury if the establishment gets its way, Congress may someday plan on forceing us to purchase burial insurance because if the Supreme Court says Obamacare is constitutional then the sky is the limit to what Congress can do to us.
The USA only needs computer terminals to produce digital dollars, a printing press to make paper dollars , a big ass military to threaten and destroy the countries not selling oil in dollars, a DHS to threaten and subdue the increasingly restless population becoming increasingly impoverished due to the wall street financial psychopaths stealing their assets (why else do they need 450million rounds of .40cal ammo), a congress to ignore the financial theft by the wall street psychopaths and to pass laws for a POTUS like the 2012 NDAA indefinite detention of US citizens and convert the USA into a battlefield, and several more items that are just as negative and destructive to our liberty before the list is complete. The big shots then have it made in the shade if they can get Obamacare instituted with its extermination panals for anyone over 55 needing anything to keep them alive that they won't get because the eugenics freaks in government want everybody but themselves killed off.
The USA has a lot of oil under Prudhoe Bay (Gull Island) ,Alaska. Some people think there is more oil at Prudhoe Bay than under Saudi Arabia. But Obama won't let it get piped down to the USA. I guess he wants us dependent on the Middle East Oil so the military industrial complex can fight more petrodollar oil wars to make private contracters rich and kill off our military people and destroy a lot more people over there.
In 2008 John McCain said the following at a campaign meeting: "My friends, I will have an energy policy which will eliminate our dependence on oil from the Middle East that will then prevent us from having ever to send our young men and women into conflict again in the Middle East."
In August 2008, Sarah Palin stated to BusinessWeek magazine: "We are a nation at war and in many (ways) the reasons for war are fights over energy sources, which is nonsensical when you consider that domestically we have the supplies ready to go."
Our own government has set upon the task of destroying the sovereignty , society and culture of the USA in order to institute a world government. How treasonous is that?
Where is our freedom I ask. The USA I grew up in for the most part doesn't exist anymore. God help us get a constitutional govt. back that respects the Bill of Rights.
see link: http://ftmdaily.com/preparing-for-the-collapse-of-the-petrodollar-system-part-3/