I was once at a show where a hypnotist had someone who, upon his stating some phrase, believed that the ceiling above the audience was on fire or in imminent danger of collapsing. We, in the crowd, found this quite amusing as they hysterically tried to warn us of what danger we were in. So ... what happens when the ceiling really is about on fire and it's the crowd that is hypnotized?

Not quite a year ago, Benn Steil, over at the CFR, through its publishing wing Foreign Affairs, wrote a very long article that essentially calls for the end of national currencies. The guys over at WND did a nice job summerizing it. (Don't worry, links are coming)

Here is the CFR summary, in their own words:
The End of National Currency
Author: Benn Steil, Senior Fellow and Director of International Economics
May/June 2007
Foreign Affairs

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. 

• WorldNetDaily Article
• Benn Steil's Bio
• Council on Foreign Relations ~ Summary
• Council on Foreign Relations ~ Full Paper

 

 

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There's this perverse logic in the world that people who come up with dangerous or freedom* reducing policies are less evil than the people who point out that those policies are dangerous or reduce freedom. If I post the links without adding much commentary (such as how little I trust any gov't to maintain the value of paper money) maybe I can avoid being called a bigot or worse (well, don't ask me, I don't know what it has to do with anything, either). Nah, I'll get called names, anyway. I'll keep writing, as I realize some people know they need a little more info than "duck-and-cover". For other people, everything is a "conspiracy theory", until the talking heads tell them it's been signed into law.

*Freedom in the old sense (back when more people had sense) of you have the right to swing your arm in as much as it doesn't interfere with the other guy's nose.