Monday, January 30, 2006

CURRENCY WAR

ICH: Interview With William R. Clark, Author
"Petrodollar Warfare: Oil, Iraq and the Future of the Dollar"

The notion that Iraq was invaded to prevent the development of weapons of mass destruction, or to combat terrorism, has long been discredited. But a growing consensus believes that Iraq's oil was surely a prime reason for US actions. However, author William Clark argues convincingly in Petrodollar Warfare that the rationale for intervening was not just for control of the oil fields, but also for control of the means by which oil is traded in global markets

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