Oil Trading with U.S. Dollars? Not for long!

A number of nations have been getting together and discussing using a basket of currencies in place of the U.S. dollar to trade oil with one another.

Along with some Arab states, also participating in talks to stop using the U.S. dollar for trading oil are France, Russia Japan Brazil and China.

Evidently the deadline for all of this to transpire is 2018.

While publicly a number of countries and U.S. officials have talked about the importance of a strong U.S. dollar, that has largely become a joke privately, and we'll continually see a private push to move away from the U.S. dollar with the failed policies of the Obama administration, along with the continued actions and practices of the Federal Reserve.

This is why Ron Paul and so many others are moving so strongly to audit the Fed, and Paul's case - eventually end it altogether.

The U.S. dollar is collapsing all around us, and so-called financial experts, in many cases, continue to act as if it has a long life ahead. It may have, but it's going to continue to be on a respirator as its buying power continues to weaken.

We'll get some occasional spurts and upward movement of the dollar, as nothing falls straight off the cliff, but it will continually fall in strength endlessly unless our policies concerning the U.S. dollar change.

From the looks of it, very few have the will to make that decision, and so we'll go on until the pain of it forces the decision to be made. Hopefully by that time it won't be too late.

Timothy Geithner Wants Strong Dollar?

The idea that U.S. Treasury Secretary Timothy Geithner said a strong U.S. dollar was important to the U.S. would be hilarious if it wasn't so pathetic and damaging.

Geithner's boss Barack Obama and the Federal Reserve have done everything they can to continually debase and destroy the value of the U.S. dollar, and they still aren't stopping printing money as Geithner speaks out of one side of his mouth, while giving orders to spend more money on the other.

We don't have to believe Geithner, who pleaded that we have to "recognize" that he means it. All we have to do is watch his actions, the Federal Reserves actions, and the horrendous policies of Barack Obama to know the U.S. dollar is in one of the biggest crisis of its existence, and absolutely nothing is being done to correct that except nonsensical talk from people like Geithner, while they continue in the same practices they always have. which led us to this economic crisis in the first place.

This year an extraordinary record-breaking deficit of about $1.8 trillion will be experienced by the U.S.

None of us should listen to anything politicians say about the U.S. dollar, with the exception of Ron Paul, as the rest are either clueless or outright dishonest as to what they've allowed the secretive and renegade Federal Reserve to do. Just watch and observe what is being done while you block out the talk. That's the only way to get the reality of what's happening, and not the fiction being asserted.

Hopefully the bill to audit the Fed will go through. At that time we'll see what it is they've been fighting to keep from having to disclose. They're worried. They should be!

U.S Dollar Collapse

Loss Of Confidence in U.S. Dollar Will Generate Huge Crisis

Ron Paul talking about the challenges we'll face when confidence in the U.S. dollar becomes a larger issue. The crisis at that time will be "huge" says Paul

Ron Paul talks on the Root of the Problem of Financial Bubbles

Ron Paul gives a lesson in the root causes of financial bubbles and what we need to take care of it so we can have a sound U.S. dollar.

Ron Paul in Houston Calling to "End The Fed" - Part Four

Ron Paul in Houston Calling to "End The Fed" - Part Three

Ron Paul in Houston Calling to "End The Fed" - Part Two

Ron Paul in Houston Calling to "End The Fed" - Part One

Ron Paul on How to Solve Monetary Problem

Says fiat-dollar system is over: it has failed

Some of the issues talked about:

Need to get to bottom of problem, not offer bandaids

Central bankers can do what they want - no checks-and-balances since 1971

New international reserve currency being discussed

Central bankers selling gold to make it look like U.S. dollar is stronger than it really is.

Yearly deficit should be a major concern

Commodity standard would balance system - restrain problem

Central banking is problem

Need new monetary system

Sound Money is the Answer

The U.S. Dollar is Dying Says Ron Paul

Ron Paul on the failure of policies that are contributing to the death of the U.S. dollar

U.S. Dollar Reserve Standard about to Collapse Says Ron Paul

Ron Paul: Governments need to stay out of the way and let the markets correct themselves.