This CFR document calls for the elimination of all national currencies with the exception of the USD, Euro and a new regional Asian currency because he claims that national currencies do not mix with globalization and are causing financial instability. Amazing. The Central Banks with their self-serving policies of over-printing money aren't the cause of turmoil, IT'S ALL THE FREAKIN DIFFERENT CURRENCIES! I have a thought that even "Boobus Americanus" could see through this bullshit, but I think Joe Six-Pack has fallen asleep on the couch watching sports.
CFR's Calls for Regional Currencies is a Fraud
BY: Lee RogersPOSTED: 05-04-2007
The Council on Foreign Relations (CFR) recently published an essay from Benn Steil titled “The End of National Currency.” In his essay Steil advocates the implementation of multinational currencies and for nations to abandon unwanted currencies. Steil asserts that globalization is a good thing and that multinational currencies would be more compatible with globalization. Although I do agree that multinational currencies would be more compatible with globalization, the very concept of globalization is horrible and is being used to consolidate power and wealth in the hands of the few. Globalization must be resisted and Steil’s promotion of globalization and multinational currencies is based strictly on the fact that it would benefit the few people at the top and help create a New World Order.
Below is the summary of Steil’s article that can be found at this link.
The End of National Currency
Summary: Global financial instability has sparked a surge in "monetary nationalism" -- the idea that countries must make and control their own currencies. But globalization and monetary nationalism are a dangerous combination, a cause of financial crises and geopolitical tension. The world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.
Steil is obviously incredibly enthusiastic about spreading lies and misinformation that will help further globalization. His conclusion that the world needs to abandon national currencies and replace them with multinational or regional currencies is a fraudulent solution to financial crises and geopolitical tension.
Let’s look at what really causes global financial instability. Global financial instability is caused by the fact that money is currently created out of thin air by the central banking system of each country. The central banking system and their use of fiat currencies is the cause of all financial instability. Monetary systems backed by gold or silver do not suffer from financial instability as it eliminates the possibility of institutions manipulating currencies for their own political gain. The United States in the 19th century was a perfect example of how people prospered as the result of an honest money system. People were able to work and save money and didn’t have to worry about the fact that their savings was getting eaten away by a hidden inflation tax that today’s central banks force on people. Every fiat currency in the history of mankind has eventually failed. That is a historical fact. Gold and silver have survived as money for thousands of years. It is misleading for Steil to conclude that globalization and monetary nationalism are a cause of financial crises and geopolitical tension. Financial crises are caused by the manipulation of fiat currencies and geopolitical tensions are often caused by institutions waging war through their use of fiat currencies. No individual or group of individuals should have the power to create money out of thin air. A stable monetary system backed by gold or silver is a real solution that would eliminate both of these problems that Steil talks about. If the CFR wants regional or one world currencies, they should eliminate the banking system entirely and return to a solution based around gold and silver. Gold and silver takes effort to dig out of the earth and guarantees that no single group of people have god like control over the monetary system. Of course, the CFR will never suggest a real solution like this being a think tank funded by the Rockefeller family.
It is clear that establishing multinational fiat currencies as Steil advocates is a terrible idea on many fronts. The main reason it is a terrible idea is because it consolidates power in the hands of fewer people. Those few people who have the ability to create the money for particular global regions wield power over everyone else in that region. They can buy off government officials, crash economies and create all sorts of havoc. The phrase “power corrupts, absolute power corrupts absolutely” is a perfect description as to why no group of individuals should have the ability to control fiat currencies. National fiat currencies are bad enough but multinational fiat currencies are even worse and would mean that a group of unelected bankers and empty suits would control monetary policy over several countries. Through their control of fiat currency these individuals control the destiny of the governments and nations they create the money for. We have this very situation with the European Union and we can already see how the EU has eroded the national sovereignty of its member nations.
Steil also advocates that nations should replace national currencies with the Dollar or Euro and believes that Asia should produce a new multinational currency. There have even been calls from others to implement a North American regional currency called the Amero to replace the Dollar. If Steil’s recommendations are implemented, the world would have a total of three entirely fiat currencies that can be manipulated at the will of the bankers and empty suits that control them. This would ensure a more rapid implementation of globalization that will be used to enslave the world’s populations into the New World Order. Steil appears to assert that globalization is a good thing when it is anything but a good thing. Globalization is only good for the multinational corporations and government bureaucrats at the top of the food chain.
Discussion of the Amero on CNBC
Of course by making these arguments, I am making the ridiculous assertion that the Council on Foreign Relations and their minions like Steil who write this garbage are actually trying to come up with ways to help the average person. The CFR and its members do not care about the average person. The CFR is an organization of traitors that over the past 80+ years have committed treason against the United States through its continued advocacy of globalization and elimination of national sovereignty. Robert Pastor’s push for a North American Union is the latest in what has been a history of treason that the CFR has perpetuated against the American people.
The fact that the CFR is calling for the elimination of national currencies is an ominous sign that the globalization crowd is really starting to push forward with their agenda for a New World Order. Multinational currencies are a fraudulent solution to financial crises. The dollar is already on the brink of a meltdown and it is quite possible that the establishment will cause a crash in the Dollar in order to sell us on these multinational currency frauds. This New World Order must be resisted by any means necessary or the United States will end up becoming a 3rd world banana republic.
The Council on Foreign Relations (CFR) recently published an essay from Benn Steil titled “The End of National Currency.” In his essay Steil advocates the implementation of multinational currencies and for nations to abandon unwanted currencies. Steil asserts that globalization is a good thing and that multinational currencies would be more compatible with globalization. Although I do agree that multinational currencies would be more compatible with globalization, the very concept of globalization is horrible and is being used to consolidate power and wealth in the hands of the few. Globalization must be resisted and Steil’s promotion of globalization and multinational currencies is based strictly on the fact that it would benefit the few people at the top and help create a New World Order.
Below is the summary of Steil’s article that can be found at this link.
The End of National Currency
Summary: Global financial instability has sparked a surge in "monetary nationalism" -- the idea that countries must make and control their own currencies. But globalization and monetary nationalism are a dangerous combination, a cause of financial crises and geopolitical tension. The world needs to abandon unwanted currencies, replacing them with dollars, euros, and multinational currencies as yet unborn.
Steil is obviously incredibly enthusiastic about spreading lies and misinformation that will help further globalization. His conclusion that the world needs to abandon national currencies and replace them with multinational or regional currencies is a fraudulent solution to financial crises and geopolitical tension.
Let’s look at what really causes global financial instability. Global financial instability is caused by the fact that money is currently created out of thin air by the central banking system of each country. The central banking system and their use of fiat currencies is the cause of all financial instability. Monetary systems backed by gold or silver do not suffer from financial instability as it eliminates the possibility of institutions manipulating currencies for their own political gain. The United States in the 19th century was a perfect example of how people prospered as the result of an honest money system. People were able to work and save money and didn’t have to worry about the fact that their savings was getting eaten away by a hidden inflation tax that today’s central banks force on people. Every fiat currency in the history of mankind has eventually failed. That is a historical fact. Gold and silver have survived as money for thousands of years. It is misleading for Steil to conclude that globalization and monetary nationalism are a cause of financial crises and geopolitical tension. Financial crises are caused by the manipulation of fiat currencies and geopolitical tensions are often caused by institutions waging war through their use of fiat currencies. No individual or group of individuals should have the power to create money out of thin air. A stable monetary system backed by gold or silver is a real solution that would eliminate both of these problems that Steil talks about. If the CFR wants regional or one world currencies, they should eliminate the banking system entirely and return to a solution based around gold and silver. Gold and silver takes effort to dig out of the earth and guarantees that no single group of people have god like control over the monetary system. Of course, the CFR will never suggest a real solution like this being a think tank funded by the Rockefeller family.
It is clear that establishing multinational fiat currencies as Steil advocates is a terrible idea on many fronts. The main reason it is a terrible idea is because it consolidates power in the hands of fewer people. Those few people who have the ability to create the money for particular global regions wield power over everyone else in that region. They can buy off government officials, crash economies and create all sorts of havoc. The phrase “power corrupts, absolute power corrupts absolutely” is a perfect description as to why no group of individuals should have the ability to control fiat currencies. National fiat currencies are bad enough but multinational fiat currencies are even worse and would mean that a group of unelected bankers and empty suits would control monetary policy over several countries. Through their control of fiat currency these individuals control the destiny of the governments and nations they create the money for. We have this very situation with the European Union and we can already see how the EU has eroded the national sovereignty of its member nations.
Steil also advocates that nations should replace national currencies with the Dollar or Euro and believes that Asia should produce a new multinational currency. There have even been calls from others to implement a North American regional currency called the Amero to replace the Dollar. If Steil’s recommendations are implemented, the world would have a total of three entirely fiat currencies that can be manipulated at the will of the bankers and empty suits that control them. This would ensure a more rapid implementation of globalization that will be used to enslave the world’s populations into the New World Order. Steil appears to assert that globalization is a good thing when it is anything but a good thing. Globalization is only good for the multinational corporations and government bureaucrats at the top of the food chain.
Discussion of the Amero on CNBC
Of course by making these arguments, I am making the ridiculous assertion that the Council on Foreign Relations and their minions like Steil who write this garbage are actually trying to come up with ways to help the average person. The CFR and its members do not care about the average person. The CFR is an organization of traitors that over the past 80+ years have committed treason against the United States through its continued advocacy of globalization and elimination of national sovereignty. Robert Pastor’s push for a North American Union is the latest in what has been a history of treason that the CFR has perpetuated against the American people.
The fact that the CFR is calling for the elimination of national currencies is an ominous sign that the globalization crowd is really starting to push forward with their agenda for a New World Order. Multinational currencies are a fraudulent solution to financial crises. The dollar is already on the brink of a meltdown and it is quite possible that the establishment will cause a crash in the Dollar in order to sell us on these multinational currency frauds. This New World Order must be resisted by any means necessary or the United States will end up becoming a 3rd world banana republic.
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