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Economic Lies and the Petrodollar Demise | Jerry Robinson (Part 1)

3,041 views · Published 14 April 2015 · 31:30 · Indexed 20 September 2026

Channel: Liberty and Finance · 2015 · People & Blogs

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IN PART 1:
► State of the Economy: Not Good!
   - No honest metrics to back it up
   - 5.5% Unemployment rate is completely unrealistic vs. Labor Participation Rate
   - Biblical call for a nation to use "Just Weights and Honest Measures" is not being followed
   - Stock Market Pumped up by easy money policy
   - 80% of people not participating in or benefiting from the inflated stock market
   - Free info available on FTMDaily.com
   - JP Morgan Chief says next crisis is going to be worse than the 2008 collapse
   - How to Make money when the market turns down

► Strength of the US Dollar
   - Concern in the overall global economy -- USD has been the biggest game in town
   - Asian Infrastucture Investment Bank (AIIB) 
      - Challenger to the World Bank (which is dominated by US), born from Bretton Woods 1944
      - Invests in global infrastructure, Chinese 
      - Power struggle between US domination and the rest of the world, led by China
      - China booming demand: Chinese urbanization ( = 1 Japan every 8 years!)

► Petrodollar
   - Major power struggle over oil supply & price pressure
 - Saudis against Russia, Iran, US Fracking & exporting Liq Nat Gas
   - Russia, China & Iran trying to move away from US dollar
   - WSJ: Iran-Pakistan-India pipeline to be funded by China, over US Objections & wars
      - US/Reagan had been cozying up to Taliban to get Unocal TAPI pipeline
      - Iraq war was in part to prevent TAPI pipeline
      - US threatened sanctions against India if they take part in pipeline
   - Mainstream media lying about buildup of war against Iran 
      - excuse: Iran is radical Islamic jihadists
      - but Saudi is painted as a good country (uses dollar)
      - both: suppress women, hate israel, hate US, terrible human rights violations
      - As soon as Saudi dumps USD, suddenly propaganda will flip Saudi from "good" to bad.


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