Friday, May 11, 2007

Council on Foreign Relations on U.S. Dollar: “An Absurdity… Supported Only by Faith”



The End of National Currency
is the most astonishing
thing that I have read
since Zbigniew Brzezinski’s
appearance before the
Senate Foreign Relations
Committee earlier this year.


Foreign Affairs is the most
important and influential
journal of International
Relations in the world.
It is the mechanism by
which the Council on
Foreign Relations
disseminates the game
plan to people in polite
circles. CFR’s positions
on core issues represent
the raw building blocks
for most of the gibberish
spewed by the corporate
media and the maniac
fascist policies of the
“developed world.”
Publications like the
New York Times and
the Wall Street Journal
are dumbed down versions
of Foreign Affairs that
are published daily.
Television news is the
same thing, but dumbed
down again. Foreign Affairs
is also where politicians
from several countries look
to determine what’s safe
to say, which policies are
doable and what needs to
be done. A degree in
International Relations
is largely a certification
of a student’s ability to
internalize CFR jargon
and concepts.

http://www.foreignaffairs.org/20070501faessay86308-p0/benn-steil/the-end-of-national-currency.html

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.


Got the picture?
http://cryptogon.com/?p=706


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1 comment:

David Wozney said...

A “Federal Reserve Note” is not a U.S.A. dollar. In 1973, Public Law 93-110 defined the U.S.A. dollar as consisting of 1/42.2222 fine troy ounces of gold.