IT GOES DEEPER · THE ARCHIVE · MONEY & POWER · CASE 8511-06

The 1974 Deal

FILE DATE 1974

CROSS-REFS 01

STATUS NEVER CLOSED

SUMMARY

Kissinger flew to Riyadh and the dollar found a new anchor: the barrel.

FULL DOSSIER

The 1974 US-Saudi arrangement is documented: Treasury Secretary Simon's Riyadh mission establishing Saudi petrodollar recycling into Treasuries (the 'secret' add-on — Saudi purchases hidden within Fed custody accounts — confirmed by Bloomberg's 2016 FOIA reporting, including the special arrangement letting the Kingdom bypass normal auction disclosure). Military guarantees ran parallel. The node upgrades the petrodollar thesis from inference to correspondence: the deal has named negotiators, dates, and a declassified paper trail.

SOURCES ON RECORD

01Simon mission records (1974)

02Bloomberg FOIA reporting, 'The Untold Story' (May 2016)

CROSS-REFERENCED FILES

THE PETRODOLLAR

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