Re: Count down to Iran invasion

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.

This. Listen to what he is saying for a second before you convince yourself of your point. The US NEEDS people to use the dollar to trade in oil because that is what backs the value of the USD. Seeing as the USD is fiat with zero backing, the only real way they can force people to use it is via energy cartels which mandate people to use it to trade oil, and therefore accept it in exchange for oil.

This means a constant supply of foreign holders. It doesn't matter of martians trade with us, if they buy oil in USD from ANYONE it props up the dollar, and it certainly needs some propping. That is not even to mention the geopolitical value of the region in regards to proxy war with Russia and China, but all the natural resources located there. I am not advocating war, but these are facts.