Protests in Iran are sparked by rising food prices, unemployment and…

February 2, 2018

By Nolan Jazimreg

“We become slaves the moment we hand the keys to the definition of reality entirely over to someone else, whether it is a business, an economic theory, a political party, the White House, Newsworld or CNN.” 

B.W. PoweTowards a Canada of Light

 

Everyone should support democratic protests demanding regime changes wherever they occur, and the dictatorial ones should be replaced.

But, what constitutes a dictatorial regime?

It isn’t a surge in prices of basic food and unemployment. If that was the case, over 65% of world governments should be replaced, including the current British government.

 

 

The rule of thumb in determining dictatorial regimes is the number of refugees it produces, and that doesn’t seem to be the case with Iran.

Nowadays, every single regime that threatens the value of the US$ instantly becomes a dictatorship that needs replacing.

The value of the US$ is intrinsically linked to the price of the oil, and vice versa.

In November of the year 2001, the price of the oil dropped to $27.05, whereas the US$ index value skyrocketed to 111, which ultimately lead to the economic recession within the same year.

In January of the year 2008, the price of the oil skyrocketed to $157.73, whereas the US$ index value dropped to 84, which ultimately lead to the economic recession within the same year.

Of course, the establishment maintains that the speculative dot-com bubble caused the recession of 2001, whereas the housing bubble was blamed from the one that occurred 2008.

http://www.macrotrends.net/1329/us-dollar-index-historical-chart

http://www.macrotrends.net/1369/crude-oil-price-history-chart

However, both of the economic downturns happened when the oil prices have changed drastically.

The US economy is heavily dependent on the global oil production because it is being traded globally exclusively in US$ and with world’s oil reserves running out in 2070, its future existence is under severe threat.

https://veritasetlibertasdeannolxxxix.wordpress.com/2017/06/03/10/

Over the next decades, the oil prices will escalate rapidly, which in turn, will have a devastating impact the US currency, thus on its exports, and their production cost of the produced cheaper elsewhere.

To preserve the stability its currency from the imminent depletion of oil reserves, the US government requires a new energy resource that would continue to be traded globally in US$, such as the world’s largest natural gas reserve located in the Persian Gulf, which is shared by Iran and Qatar,

The initial plan to oust the Russian-backed Assad, because the Syrian President refused to permit the construction of Qatar – Saudi Arabia – Jordan – Syria – Turkey pipeline over Syria failed.

Consequently, Qatar has now restored its friendly relationship with Iran, which will soon begin to supply Europe with alternative gas but excludes the possibility of trading it in US$.

Eleven months after Iran’s President Ahmadinejad called upon other OPEC member states to ditch the US$, the UN endorsed the UN Security Council Resolution 1835, imposing trading restrictions on Iran, under the pretext that the latter had not suspended uranium enrichment-related activities.

“Iranian President Mahmoud Ahmadinejad said Sunday that OPEC’s members had expressed interest in converting their cash reserves into a currency other than the depreciating U.S. dollar, which he called a ‘worthless piece of paper.’”

https://www.reuters.com/article/us-oil-iran-exclusive/exclusive-iran-wants-euro-payment-for-new-and-outstanding-oil-sales-source-idUSKCN0VE21S

Unfortunately, Ahmadinejad was right. Having privatised everything, the US government has no national assets to offer in exchange and if it wasn’t for the oil traded in US$, their currency is indeed a worthless piece of paper.

To make matters worse, the current US President issued a racist Muslim ban, including Iranian citizens that infuriated the Iranian government, which decided to stop using the US$.

“The Iranian government will no longer use the US dollar in official statements or for financial reporting, local media has reported.”

http://www.independent.co.uk/news/world/middle-east/iran-stop-using-us-dollar-currency-donald-trump-muslim-ban-immigration-refugee-iraq-syria-libya-a7556846.html 

Due to the lack of imaginative and creative people at Washington DC, who would transform the USA to respond to the future challenges through technological innovations that provide cheaper alternative energy production,  it seems that over the following months or years, Iranians will suffer in a similar fashion as Iraqis, Lybians and Syrians.

Unless the US government doesn’t wake up and realises that people are aware of their Orwellian “1984” mass brainwashing strategies, it will either bring to an end their capitalism that strived upon foreign energy resources or initiate the World War III, because judging from their resolve in Syria, it seems that Russia will not allow anyone to undermine their global dominance in gas supply.

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