Venezuela Has Officially Stopped Accepting Dollars For Oil Payments


Real News has the story Venezuela Has Officially Stopped Accepting Dollars For Oil Payments.

And today, as The Wall Street Journal reports, in an effort to circumvent U.S. sanctions, Venezuela is telling oil traders that it will no longer receive or send payments in dollars, people familiar with the new policy said.

This is the kind of behavior that has led to assassinations by the USA. As the article says:

Cue the calls for a Venezuelan invasion in 3…2..1…!

Do a Google search of gaddafi petrodollar. Two article pop right up – Gaddafi’s Threat To The US Petro Dollar And Why He Had To Die and Libya: another neocon war.

Here is an excerpt from the second article which comes from The Guardian.

Kenneth Schortgen Jr, writing on Examiner.com, noted that ‘[s]ix months before the US moved into Iraq to take down Saddam Hussein, the oil nation had made the move to accept euros instead of dollars for oil, and this became a threat to the global dominance of the dollar as the reserve currency, and its dominion as the petrodollar.’

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