How Big Oil Conquered the World: An Informative Documentary About A Global Conspiracy! Part #11

in #story6 years ago (edited)

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I recently watched How Big Oil Conquered the World.

This is a great documentary to watch if you want to learn of how Standard Oil took control of our world economy. I highly recommend for you to subscribe to Corbett Report on Youtube and follow Corbett's website to stay informed on the elitist's plans to take over our world!

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@corbettreport is also on Steemit, Corbett Report is one of my personal favorite alternative news outlets.

I have already released Part #1, Part #2, Part #3, Part #4, Part #5, Part #6, Part #7, Part #8, Part #9 and Part #10 of this series. I highly recommend for you to read through these first to better understand this post.

Last time we learnt of the implications of a very centralized distribution of the stocks of the Turkish Petroleum Company to Standard Oil.

Today we will learn how the secret Bilderberg meeting was planning political and business responses to a monetary crisis they believed would threaten the dominance of the US Dollar.

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What Is The Bretton Woods System?

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton-Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. LINK

This is the system that was negotiated in final days of World War II. The US Dollar became the backbone of the world economy because it would become convertible to gold at $35 an ounce and every single other currency of the modern world followed suit.

Other Nations Demand Gold For Their Dollars

The Federal Reserve's official gold, from which the dollar was pegged to, plummeted.

President Nixon abandoned Bretton Woods in August 1971, threatening the dollar’s position as the world reserve currency. LINK

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Denial Of Exchange

Richard Nixon decided that it would be in the United State's government's interest to suspend the convertibility of dollars into gold. This was said to be the best way to defend the dollar against speculators.

There were exceptions, the gold could not be exchanged unless it is in amounts that are in the interest of the monetary stability and the best interest of the officials who were in control of the Federal Reserve.

The Plan Is Leaked...

When you examine leaked documents from that 1973 Bilderberg meeting you can clearly see the Bilderberg's used their control over oil to gain control over the world's economy.

Bilderberg knew OPEC could cause a "disorganization" in this global monopoly they had created. Bilderberg and the other elitist families attending their meeting prepared for an "energy crisis or an increase in energy costs".

Their prediction was a 400% increase in oil price. This would make oil $10-12 a barrel instead of the price at the time which was $3.01.

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Yom Kippur War

What was really interesting was what happened 5 Months after the meeting.

Bilderberg attendee and Rockefeller protoge Henry Kissinger, acting as Nixon’s Secretary of State, engineered the Yom Kippur war LINK

Do you know what OPEC's response to this was? They imposed a restraint of the oil exports to countries that supported Israel, this included the United States.

A Correct Prediction Indeed

Ocotober 16, 1973 marks the date when OPEC raised their price by 70%. By December of the same year the Shah of Iran demanded and successfully received a price of $11.65 a barrel.

This was exactly what the Bilderberg group anticipated at their meeting in 1973.


Image sources found by clicking on the image itself.


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perfect parable

I am honored to share it on Steemit 😀

wow, a very interesting post, it is necessary to keep up with its development. thanks for the information @chron

I am glad you have enjoyed. Stay tuned for more 👍

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