People don’t realize the real reason for the Iraq war and the current war threat against Iran by USA. By the time you read this blog may be USA would have added some more Arab countries in their war list. Only few who actually knew the cunning mind of USA behind this war drama, will say this war is actually not for the nukes or terrorism in those countries which is hidden in those Arab countries. Few may also think that the war is to capture the crude oil resource in the Arab countries which is also not the actual reason. If that is the case then USA may have to declare war on many Arab countries.
If the war is not to capture the Nuke or not to end the terrorism & not even to capture their oil resources, then why is USA spending so much on these wars? Not many of us would have even heard the term popularly referred as “petrodollar scam” which is supposed to be the actual reason for this unwanted wars. Petro dollar warfare theory is one of the driving forces of the United States foreign policy over the recent decades which are why the US dollar value keeps raising in spite of its economy going down.
What is Petrodollar warfare?
United state’s dollar acts as the world’s dominant reserve currency & also the currency in which the oil is priced. This means the value of US dollar is determined by the fact that oil is sold in dollars. To say in layman words, the more the oil is sold, the more will be the circulation of US dollar which automatically means the NEED of US dollar. This clearly states any country which needs to buy oil needs US dollar & not their own local currency.
