
Originally Posted by
James
I agree; it's also the base currency for oil and gold purchases.
Gaddaffi, with his large reserves of Libyan gold, wanted to introduce an African currency based on the gold standard, and even use a coin containing small amounts of gold, so that currency wouldn't be linked to gold reserves, but the value could actually be held in your hands.
He may not have been the greatest person on the planet, but that's not why Nato decided to invade the country in support of 'rebels'. We've got plenty of dickwad dictators around the globe that are left well enough alone by the western powers that be, but only those with large mineral reserves seem to attract the wrath of those touting freedom and democracy.
Guess there's not much us plebs can do about it other than talk among ourselves to remain informed. I better get back to some escapism while we wait for World War III xD