A One-World Currency Goes With A One-World Government

Yeah, because a one-world currency would never have an problems. Never. Yup.............
Stay Mostly in Paper
Friday, June 01, 2007 - FreeMarketNews.com
The saying "Whosever has the gold makes the rules" is not just an idle aphorism. There's plenty of historical fact to back it up. And as more paper is created around the globe, the case for gold ownership becomes even more compelling.Dr. Russell McDougal, Investor's Daily Edge writes:"Fiat currencies are flawed by design. They all have the same pitfalls. The pols and the economists abuse them. That's why the U.S. founders designed a far superior system of honest money. The euro, if it becomes the next global reserve currency, will follow the same fate."Sooner or later, I believe we will see a global currency, likely a conglomerate of the dollar, euro, and Asian currencies. It may or may not be backed by anything of substance. Central banks no longer hold silver and their gold holdings are beyond suspect. Power is typically consolidated out of chaos."Dr. Michael Berry writing in his Morning Notes states:"Liquidity is like a snowball at the top of a giant hill. Once it is created it is extraordinarily difficult to stop it and it gains size and momentum as it rolls downhill.. “How do you stop a liquidity ball once it begins its roll?" Anybody ???"Raising interest rates around the world has had little or no effect. The fall of the $ hasn'tyet put a dent in the liquidity ball. Nevertheless, the equity markets in this millenniumare still not creating you enough wealth..."Liquidity has at least one very undesirable consequence. It tends to destroy mostfinancial assets as well as the currency in which they are denominated. Gold's runrelative to the DOW is indicative of this."