Post
Topic
Board Politics & Society
Re: Count down to Iran invasion
by
J603
on 02/08/2013, 14:29:16 UTC
The issue, as outlined in the wikipedia entry, is that they aren't using Federal Reserve Notes to transact their oil internationally.

Of course they don't. We don't trade with them. If the US cares so much about what currency they use, why did we place an embargo on them?

You're saying that it makes sense for the US to invade their country, leading to US deaths, negative public opinion, and a debilitated Iranian economy just so that they use USD instead of the Euro? That is not sound logic.

I think it would make more sense for the US to just lift the embargo. Why go to war?

It's irrelevant whether the United States trades with Iran;  it's a currency issue.  Exporting Federal Reserve notes maintains the value of the US dollar, and the United States uses military force to ensure that the US dollar stays as the world reserve currency through the Petrodollar.

No, it is not irrelevant. Currently, Iran has nothing to do with the USD. Were the US to lift its embargo, USD would be traded through Iran. Were the US to invade, the exact same thing would happen, except that Iran's economy would be destroyed and Americans would die.

Explain the benefit of war versus lifting the embargo.