The Proposed Iranian Oil Bourse

Posted on Monday, January 23 at 12:38 by Ed Deak
Historically, taxing the subject state has been in various forms-usually gold and silver, where those were considered money, but also slaves, soldiers, crops, cattle, or other agricultural and natural resources, whatever economic goods the empire demanded and the subject-state could deliver. Historically, imperial taxation has always been direct: the subject state handed over the economic goods directly to the empire. For the first time in history, in the twentieth century, America was able to tax the world indirectly, through inflation. It did not enforce the direct payment of taxes like all of its predecessor empires did, but distributed instead its own fiat currency, the U.S. Dollar, to other nations in exchange for goods with the intended consequence of inflating and devaluing those dollars and paying back later each dollar with less economic goods-the difference capturing the U.S. imperial tax. Here is how this happened. http://energybulletin.net/12125.html

Note: http://energybulletin.n...

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  1. by avatar Milton
    Tue Jan 24, 2006 2:01 am
    It is an indepth analysis Ed. What a tangled web we live in.
    The US plans to stop reporting the M3 monetary supply figures in March as well. Trying to hide the damage that the bourse will cause.

  2. by chall
    Tue Jan 24, 2006 2:36 pm
    This is exactly the main reason why we are seeing increased tensions with Iran. Condi Rice says "Theres nothing more to say", echoing the line used when the U.S. decided they were going to invade Iraq. The U.S. and Israel have had plans on the table for a strike on Iran using nuclear weapons for some time now, and it is appearing this is all going to go down in March 2006, coincidentally happening in conjunction with Irans proposed bourse. Coincidence, yeah, right.

  3. by avatar Jacob
    Wed Jan 25, 2006 4:17 am
    The question that begs to be asked of the new government:

    Will Canada use the Iranian Oil Bourse, or not?

  4. by chall
    Wed Jan 25, 2006 2:20 pm
    My guess is that we will toady to the U.S. and fall in line with the action against Iran by the UN, just as we are now deployed as scumbag killers in Afghanistan and overthrowers of democracy in Haiti. Rather than participate in the bourse, we will participate in the prevention (destruction) of it and Iran. Harpers string-pullers will never tolerate any other position because, for them, its all about U.S. petrodollar hedgemony.



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