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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
👉🏿 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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This lecture focuses on the topic of education and is part one of a series of presentations given in 1989. It (the series) attempts to "operationally define" an African-centered (relevant) education. The lecture is only general, of course, and much of what it covers will be dealt with in greater detail in the soon-to-be-published book, Educating the Black Child for the Twenty-First Century: A Rationale for an African-centered Pedagogy. Look for this some time this year or 2017-2018. Contact and other information are provided below:
Facebook: https://www.facebook.com/DrAmosWilson
Phone: (718) 462-1830
Website: www.AfrikanWorldInfoSystems.com
The School of the Ancient Alkebu-lanic Mystic, Rites, Inc.
1775 I Street NW Suite #1150
Washington, D.C. 20006
(202)-266-9941
[a]www.saamr.org[/a]
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Don't forget to visit our website at [a]www.saamr.org[/a] for more great information and free research/school opportunities to further your awakening travels!
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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)
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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