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One world currency, that way each nation can be controlled by the powers that be. The amount of bussiness your country is allowed to do is determined by the world bank.
However, I doubt the movers and shakers of the world would announce their new currency through some little odd-ball network run by some new age reincarnationist's, don't you?
Neither banks nor public authorities (or mainstream academics, for that matter) calculated the economy’s realistic ability to pay – that is, to pay without shrinking the economy. Through their media and think tanks, they have convinced populations that the way to get rich most rapidly is to borrow money to buy real estate, stocks and bonds rising in price – being inflated by bank credit – and to reverse the past century’s progressive taxation of wealth.
To put matters bluntly, the result has been junk economics. Its aim is to disable public checks and balances, shifting planning power into the hands of high finance on the claim that this is more efficient than public regulation. Government planning and taxation is accused of being “the road to serfdom,” as if “free markets” controlled by bankers given leeway to act recklessly is not planned by special interests in ways that are oligarchic, not democratic. Governments are told to pay bailout debts taken on not to defend countries in military warfare as in times past, but to benefit the wealthiest layer of the population by shifting its losses onto taxpayers.
The basic premise of this, right here, is correct. Their analysis of the problem is very good
Now I don't know about all this "global leaders and financiers from 130 nations", and what not -- I was thrown off by the bizarro tone of the whole thing -- and I didn't really see any "solutions" provided here.
Quote:
Originally Posted by SilverOne
One world currency, that way each nation can be controlled by the powers that be. The amount of bussiness your country is allowed to do is determined by the world bank.
Huh? I didn't see anything there about "one world currency."
I did see a link to the Pope's speech, and the Pope mentioned he thought that was a good idea -- but the Pope isn't an economist. Another guy quoted, Michael Hudson, is a really bright guy who as far as I know does not support a "one world currency", or anything like it.
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