The controversial Malaysian leader told a major Islamic conference that "the Europeans killed six million Jews out of 12 million, but today the Jews rule this world by proxy".
Dr Mahathir claimed Jewish people "get others to fight and die for them", and said Muslims could fight Jews if they were smart.
"Of late, because of their power and their apparent success they have become arrogant. And arrogant people like angry people will make mistakes.
"They are already beginning to make mistakes. And they will make more mistakes.
"There may be windows of opportunity for us now and in the future. We must seize these opportunities."
Religion of Peace strikes again.