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4 posts tagged with Bush by thedailygrowl.
Displaying 1 through 4 of 4.
Is the currency that oil is denominated in the real reason for the Iraq War?
"The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 80 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro. (Note: the dollar declined 17% against the euro in 2002.)"
posted by thedailygrowl
on Feb 11, 2003 -