Another piece of the puzzle to the "real" reason why the US and European allies are bombing Libya. According to this report, Ghaddaffi had been garnering a collective of countries to create another currency based on gold.
Why is this problem for the US?
Well, the US currency has not been backed by gold since the Nixon administration.
What does that mean?
US currency is simply a piece of paper to wipe your ass. It has no value. As a result, Libya's plan to create a currency using gold would totally crumble the dollar and Euro.
Check out the price of gold after this video, then you will really begin to ponder exactly who is the dictatorship.
Monday, May 9, 2011
Ghaddaffi's Plan to Crush the Dollar
Posted by Eco.Soul.Intellectual at Monday, May 09, 2011
Labels: Libya
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