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V2 - Preface - Is The Day He Replaces the Petro Dollar

Raghu Giuffre • Oct 20, 2023

This Volume was written a year before the release of our Ukraine Russian

Peace Proposal (aka URUPE). That’s listed as Volume 1. Listed that as the first to

make it easier for the public to follow, but this was actually the original work.


It was in response to the 3 primary points of the Putin Supporters:


1) We can avoid WW3 by simply leaving Ukraine

2) Europe and the world can have cheap oil by lifting the oil embargo on

Russia

3) We can save the dwindling economies of Europe, the US and the world by

allowing Russia to work with the rest of the world.


I began outlining how wrong their calculous, but ended up discovering how

much the US Petro Dollar System contributed to the world and more importantly,

why and how it does so. Only in understanding these contributions do we get a

better idea of what will be lost of the Petro Dollar system. Putin Supporters are

the ones who have tipped me off to the end of US Hegemony as they call it and

all that is the Petro Dollar system. They are the ones to foretell that it is now

being decided there in this war of Ukraine. Following in their lead on the point,

this was written.


This was further validated by the difficulty and slow the success this is proving

of the China Russian replacement with their BRICS. Far more than supporters

originally expected and to the relief of those players dependent upon the Petro

Dollar system.


Exploring this side of the discussion will do wonders for upgrading the

strengths of the Petro Dollar system. It maybe surprisingly fast, easy and far

reaching. The bulk of that story is in Part 2 of this Volume (also # 2). However,

Putin’s threat of nuclear retaliation has grown ever more urgent and so have been

left to focus on this side of the crisis. That became the primary emphasis here and

more so of Volume 1: ‘40 Things Putin Supporters Get Wrong About Ukraine.’


How so very wrong their calculous was


to be the America is starting WW3 by not leaving


We have so fooled ourselves that America’s great magic was Democracy,

Freedom and Capitalism. It’s not. It’s almost exclusively the Petro Dollar – at least,

given today’s economy.


And here’s another surprise. That backing for the Petro Dollar, it’s not oil. It’s

war. ..And lots of it.


Americans, much like the rest of the world,


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