Archive for the 'petrodollar' Category

For lack of a better term, the American financial system is a shit show. The debt, the money supply, the inflation, the federal spending are all out of control. I have argued in other episodes that the country is so far gone that the only hope to save America from itself is state secession.

Is there an alternative? In this episode, we examine what it might take to save the American financial system. It ain't pretty!

Show Notes

Truth Quest Podcast

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The video of this episode is available on Rumble, BitChute and Brighteon. Check out short highlight videos of each episode on Instagram.

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March 2022 will be remembered as "The Month of the Doomsday Cult."

I am referring to the national Democrats, communists, leftists and malcontents who currently hold positions of power in the United States.

They advocate for killing babies in the womb on demand at tax-payer’s expense! They pushed mask mandates, business lockdowns, school shutdowns and vaccine mandates! They preferred people die rather than giving them Ivermectin or other therapeutic treatments!

They have open borders; they purposely allow gas prices and inflation to remain at record highs; they nominate activists to the Supreme Court; they warn about looming food shortages due to their policies; they are purposely working to collapse the U.S. Dollar and; they are working like hell to start World War III with Russia.

Consider their push for the cultural collapse of the nation by advocating for men to participate in women's sports; their insistence on teaching our children about gender identity and pushing irreversible gender transition treatments on children WITHOUT parental consent.

All of it damages the country and its citizens just like a DOOMSDAY CULT!

Show Notes

Truth Quest Podcast

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of one of my books, Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available on Rumble, BitChute and Brighteon. Check out short highlight videos of each episode on Instagram.

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The petrodollar system is the monetary policy's version of 'Weekend at Bernie's' as it props up the Dollar as the global reserve currency. 

This system is a mirage or (better put) it acts as a crutch for the U.S. Dollar. It creates artificial demand for the currency and U.S. assets while providing U.S. financial markets with an artificial source of liquidity and foreign capital inflows.

It is only a matter of time (likely months) before the rest of the world says "NO MORE!" and they leave the U.S. Dollar in the dustbin of history. And what makes it so infuriating is it is a completely avoidable, self-inflicted wound.

This country, founded by geniuses, has been run by fools and crooks for so long that they killed this once great country. 

Show Notes

World Looks to Abandon Dollar as US Sanctions Tighten Their Grip

https://mises.org/wire/huge-debt-got-us-hooked-petrodollars-and-saudi-arabia

https://www.zerohedge.com/markets/petrodollar-cracks-saudi-arabia-considers-accepting-yuan-chinese-oil-sales

Episode #162 - The Truth About Nixon's Closure of the Gold Window

The Truth Quest Podcast Patron Page

Join the conversation at The Truth Quest Facebook Fan Page

Order a copy of one of my books, Pritical Thinking, The Proverbs Project, The Termite Effect.

The video of this episode is available on Rumble, BitChute and Brighteon. Check out short highlight videos of each episode on Instagram.

Read Full Post »

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