Quote:
Originally posted by Brujah
Back in 1973, OPEC countries quadrupled the price of their oil and tied it to the U.S. dollar. The dollar reigned supreme as the world?s de facto reserve currency.
Many believe that deeper reasons for the U.S. attack on Iraq were its decision in 1999 to require payments for its oil for food program in euros.
http://www.theglobalist.com/DBWeb/St...x?StoryId=3193
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Yep, cancelled the Oil for Food program and changed it to their own system based in US dollars.