Moral Outrage
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Posts Tagged ‘Petrodollar

Will Iran Kill the Petrodollar?

February 17, 2012

The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles. The […]