SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Council on Foreign Relations (CFR) and the New World Order
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sidney Reilly who wrote (292)6/25/2004 11:17:10 AM
From: Sidney Reilly  Read Replies (1) of 512
 
"The currency of the Bank of Issue could be practically anything," the Harvard economist continued. "...the key point is that monetary control - the issuance of currency and of reserve credit - would be in the hands of the new Bank of Issue, not in the hands of any national government..." The problem, however, is that "a single currency is possible only if there is in effect a single monetary policy, and a single authority issuing the currency and directing the monetary policy. How can independent states accomplish that? They need to turn over the determination of monetary policy to a supranational body."

Insider Cooper realized the challenge involved in selling this totalitarian idea to the public. "The one-currency regime is much too radical to envisage in the near future," he said. "But it is not too radical to envisage 25 years from now....It will require many years of consideration before people become accustomed to the idea." Getting people in the west, and particularly in the United States, warm to the idea of "a pooling of monetary sovereignty" - especially with communist countries - would be difficult. Cooper wrote:

First, it is highly doubtful whether the American public, to take just one example, could ever accept that countries with oppressive autocratic regimes should vote on the monetary policy that would affect monetary conditions in the United States...For such a bold step to work at all, it presupposes a certain convergence of political values....

From "Global Tyranny...Step by Step"

by William F. Jasper
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News