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The Petrodollar: How America Made the World Buy Oil in Fiat Dollars — And Trapped Everyone In It
The Petrodollar: How America Made the World Buy Oil in Fiat Dollars — And Trapped Everyone In It Kwabena Ofori Osei 49 Views • 4 months ago

In 1971, the United States cut the dollar loose from gold and gambled the entire global economy on a single question: what gives a piece of paper its value once the metal underneath is gone? The answer turned out to be oil — and the deal that made it happen was kept secret for forty-one years.

This is the story of the petrodollar: how a moment of weakness became the most durable instrument of power any nation has ever wielded. From the collapse of Bretton Woods and the Nixon Shock, to the 1973 oil embargo that quadrupled prices overnight, to the chain-smoking Wall Street bond trader who flew secretly into Saudi Arabia in 1974 to strike a deal that would anchor the dollar to the world's most essential commodity.

But this isn't just a story about American advantage. It's a story about a trap. We follow the petrodollars on their journey — from oil importers, into Gulf treasuries, through Western banks, and out as cheap dollar loans to the developing world. Then we watch Paul Volcker raise interest rates to nearly twenty percent and the bill reset overnight, triggering Latin America's "lost decade," sovereign defaults, and more than twenty million people pushed into extreme poverty.

We separate documented history from myth: the real secret Treasury bond arrangement versus the viral "single 1974 oil treaty" that never actually existed. We look honestly at the contested "petrodollar war theory" surrounding Iraq and Libya — what's proven, what's speculation, and why the truth refuses to be neat. And we examine whether the system is finally cracking, with the dollar's reserve share at a three-decade low, the rise of the petroyuan, and central banks quietly stacking gold.

How did America make the world buy oil in dollars? And who really got trapped in it?

If this pulled back the curtain on something you only half understood, hit like and subscribe for more deep dives into the hidden machinery of money and power.

#petrodollar #usdollar #oileconomy #geopolitics #financialhistory #dedollarization #brettonwoods #nixonshock #federalreserve #saudiarabia #opec #petroyuan #brics #reservecurrency #globaleconomy #macroeconomics #economichistory #paulvolcker #debtcrisis #dollarhegemony #wallstreet #powerstructures #moneyexplained #oilanddollars #economicsdocumentary

Why So Many Black People Are Fighting the Wrong Battle
Why So Many Black People Are Fighting the Wrong Battle Baka Omubo 49 Views • 4 months ago

👉🏿 INVEST IN INDEPENDENT BLACK MEDIA → Watch the FULL UNCENSORED interview with Yohance Gregory at https://ineverknewtv.com/premium/

In Pt. 1 of this powerful reasoning, Yohance Gregory, son of legendary activist, author, and comedian Dick Gregory, challenges conventional thinking about Black liberation. Drawing on African history, spirituality, and the lessons passed down by his father, Yohance argues that true freedom begins with purpose, identity, and self-knowledge not simply changing external systems. He explains why understanding what we're fighting for is just as important as knowing what we're fighting against.

Throughout this conversation, Yohance explores Black liberation, African history, spiritual growth, identity, community, and the importance of building a foundation for future generations. Whether you're interested in Black history, personal development, Black empowerment, or the enduring legacy of Dick Gregory, this discussion offers timeless insights that remain just as relevant today.

In this episode:

Why Black liberation starts with purpose
Lessons Yohance Gregory learned from Dick Gregory
African history, identity, and self-knowledge
The role of spirituality in true freedom
Why many people are fighting the wrong battle
Building stronger families and communities


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Dr. Amos Wilson - Destruction of The Black Family Image By The White Media
Dr. Amos Wilson - Destruction of The Black Family Image By The White Media Kwadwo Danmeara Tòkunbọ̀ Datɛ 48 Views • 7 years ago

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Part 3: Capoeira Hand Strikes and Sparring
Part 3: Capoeira Hand Strikes and Sparring Ọbádélé Kambon 48 Views • 6 years ago

To PURCHASE THIS AND OTHER FULL VIDEOS, KINDLY FOLLOW THIS LINK: http://www.abibifahodie.com/in....dex.php/gallery/buy-

FULL VIDEO LENGTH: 7 MINUTES 14 SECONDS

FORMAT: WMV DOWNLOAD

SIZE: 445MB

HD (1920 X 1080)

Part 3: EFFECTIVE! Afrikan Combat Capoeira Fight and Sparring: Abibifahodie Asako Accra Ghana

Abibifahodie Asako: Afrikan Combat Capoeira

Featuring Dr. Ọbádélé Kambon, Kai Thomas, Nii "Bɔkɔɔ" Armah, NanaHene Koduah, Marcus, Kwame Akoto-Bamfo, and more!

Capoeira stick fighting, capoeira sparring, capoeira striking, capoeira wrestling/grappling, capoeira submissions and more!

(Disclaimer: Note that this is the full-contact Afrikan version of Capoeira and not the contemporary non-contact "Brazilian" version)

Language & Soft Power ft Ngugi- (Pan-Afrikan Culture & Economics in Practice pt6)
Language & Soft Power ft Ngugi- (Pan-Afrikan Culture & Economics in Practice pt6) ShakaRa 48 Views • 7 years ago

Full presentation: https://www.youtube.com/watch?v=Q1GFqTGpvzg

This is the fuller version of the presentation I delivered at the Re-Engaging Pan-Africanism Conference at Birmingham City University, Dec 2018.

The presentation explores the relationship between Culture & Economics as an attempt to:
Rescue "culture" from reductive definitions by demonstrating the relationship between it & economic development.
Demonstrate how revolutionary movements have pursued economic development from a culturally appropriate foundation.
Its pre-recorded, but will be broadcast with a live chat. I look forward to hearing your feedback.

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