i am not entirely worried about how far the dollar falls here- in fact im
waiting for it. i can easily go back to the boonies and get by on "Ye Auld
Garten" and a blackpowder rifle. plus the fact that i have been collecting all
the scrap copper and aluminum i can get my grimy little paws on. between the
materials value and the fact that i will have a halfway decent supply of clean
food, i figure i can get by just fine.
----- Original Message -----
From: Ken Provost
To: biofuel@sustainablelists.org
Sent: Friday, February 02, 2007 6:09 PM
Subject: Re: [Biofuel] Some archive searching
On Feb 2, 2007, at 9:33 AM, DHAJOGLO wrote:
Finally, can anyone point me to a primary source (not a vague reference
in a news article) of this agreement that initiated oil trade/prices into
us dollars?
This has been interesting to me lately as well. I'm afraid I can't
inform you much, but a lot of it started with the Bretton Woods
agreement (700,000 Google hits). Not specifically about oil,
but rather international trade in general, and it basically
forced everything into dollars de facto.
The best thing for the world (tho not US, of course), IMHO, would
be a precipitous fall of the dollar, so I'm all in favor of any Euro-
based exchanges.
-K
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