The people shouldn't have to pay a ton of money if they live in a region where there is oil and gas. Why should it be propped up to the price of the rest of the world? Crazy. We have been at war half of the time since our nation has been founded. All due to the banksters and the damn "elites" who I like to call "Leeches" since they have never done hard labor or anything but LIE to the people. Gas backed currency. Holy fracking hell! exchange petro-dollars for gaz-currency... oil-gaz seems like more of the same to me...Any 'backed' currency can be inflated. It just requires the issuer to abuse their issue.Feces backed currency. Now that would be cool. It would at least act like a fertilizer and help grow crops unlike the US Dollar.
Max Keiser Report: When Truth is Found to be Lies Max Keiser talks to former energy regulator, Chris Cook, about how we move from dollar diplomacy to gas diplomacy and a world where energy as the modern water hole where you don't have to kill each other and a gas backed currency becomes a new global reserve currency in a post-dollar world.
