starting @ 35:00 - ends @ 41:00
SUMMARY
The 1973 demand for US gold under Bretton Woods agreement caused its termination
This would result in the demise of the US as the global Reserve Currency
Bilderbergs then meet and plan for a world after a 400% increase in oil costs
Kissinger 'engineers' the Yom Kippur war
OPEC institutes an embargo and raises oil from 3.00 to ca. 5.00
Then the Shah of Iran demands and receives $11.65 oil - 400% increase of pre-crisis cost
He is asked why so high
He responds: Ask Kissinger
Saudis enter into a deal with Kissinger and the USA: USA protects the Saudis and the Saudis price oil in US$$
The Saudis would then recycle the US$ into US treasuries
The birth of the PetroDollar
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