jimdana1942
oldtimer
Real simple. We have something the rest of the World needs more than oil.
FOOD!
All we need to do is tell the OIL producers the following:
The price of our food exports will be tied to their price of oil.
Whatever the price per barrel of oil then we will charge the same price for a barrel of food. If oil is $150 barrel then a barrel of rice, corn, wheat,
etc., will also be $150 a barrel.
Period, the end. They can take it or leave it, or, sell their oil for $5 a barrel.
FOOD!
All we need to do is tell the OIL producers the following:
The price of our food exports will be tied to their price of oil.
Whatever the price per barrel of oil then we will charge the same price for a barrel of food. If oil is $150 barrel then a barrel of rice, corn, wheat,
etc., will also be $150 a barrel.
Period, the end. They can take it or leave it, or, sell their oil for $5 a barrel.