Hello and welcome to podcast of the Lotus Edas for this Tuesday the 18th of June I am joined by Bo

Hello and our very special guests Catherine Blakelock founder of the Brexit Party

thank you for coming on thank you very much so we've got a couple of things to talk about today.

Rumors about the impending death of the Petro Dollar. We've got the Reform UK Manifesto and then we've got well

what would we do? What would we do if we were if we were writing a

manifesto so so that should be good also because the on account of the fact that

is me and Bo doing the notes this is the shortest set of podcast notes I've ever seen but hopefully we'd be

all right so yeah I think people kind of seeing some people write pages and pages and

pages and pages of notes yes and others just jotting.

Yeah, I just have a few ideas and just go off of that.

So yes, the impending death of the Petro Dollar, I got asked about this quite a lot last week

because for whatever reason it started trending. I think the rumor went out that the 50-year

Petro Dollar Agreement had come to an end so I'd loads of people

asking me to to comment on that so I'll quickly cover it I don't think it

deserves a huge amount of time on this one. They say rumor, did it not happen?

Not exactly, no.

So I think where it came from is it is the case that in June

1974 the Petrodollar Agreement was reached. was reached but it was kind of open-ended and it

didn't have a sort of 50-year time scale on it and it wasn't quite as iron cloud as a lot of people have made out.

So I mean it has been the case that Saudi can sell oil in other currencies.

They've just generally chosen not to and they've largely stuck with the dollar system because the

dollar has that sort of depth of liquidity and also if it takes in you know 30 billion

...