Why Gaddafi’s Gold Dinar Currency Was a Threat

According to some, the invasion of Libya was about protecting civilians, others said it was about Libya’s vast oil reserves but everyone was convinced that it was all about currency, specifically Gaddafi’s plan to introduce the gold dinar, a single African currency made from gold that would eventually replace the US dollar when trading with Africa. Many scholars have said that it’s the kind of thing that one has to plan almost in secret and launch when ready because as soon as you say it, you’ll have a bullseye on your back. You see the world relies on the US dollar, giving America Unparalleled Economic Dominance. Nearly 90% of international currency transactions are in dollars, 60% of foreign exchange reserves are held in dollars and almost 40% of the world’s debt is issued in dollars. That gives the US extraordinary power over nearly anyone who imports or exports anything anywhere. Clinton’s victory lap was explained away as Mission Accomplished for the US-NATO intervention following reports of