Not really. When we moved off the gold standard we moved to the oil standard. Just like oil we control the supply of currency. By controlling both they control oil prices, which in turn determines the price of everything else - food, automotive glass, electronics… all created by and transported by oil.
Not really. When we moved off the gold standard we moved to the oil standard. Just like oil we control the supply of currency. By controlling both they control oil prices, which in turn determines the price of everything else - food, automotive glass, electronics… all created by and transported by oil.