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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: ForYourEyesOnly who wrote (3941)	3/7/1999 9:58:00 AM
From: Hawkmoon	Read Replies (3) \| Respond to of 81091

"A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army." Yes, a PRIVATE central bank would be as we discovered during the life of JP Morgan in the late 1800's and early 1900's. The FRB is a "HYBRID", part private bank, but still a creation of the political process and thus accountable to it. (btw, do you know how much Alan Greespan makes as an annual salary?? Research that and then come back and tell us whether he is a paid like other private bank heads, or more like a Federal executive.) Here is an interesting quotation from Mayer Rothschild: "Let me issue and control a nation's money and I care not who writes the laws." I refer you to my comments on JP Morgan. I also suggest finding a copy of "Secrets of the Temple" by William Grieder for a history of money. The best way to analyze any topic is to read numerous books that advocate either side of an issue and then make up your own mind as to what the pros and cons of either system are. (And no system is perfect, whether it be Fiat or Gold-backed money). It is complicated subject and will certainly take a while to unwind. Well, you have an entire lifetime ahead of you. And if you're like the rest of us, especially myself, you'll need every hour and day of it to fully understand all the raminifications of it. As an example, economists in Europe (and the ECB) were all proud and glowing over the creation and implementation of the Euro this January 1st. They believed (or at least tried to make us believe they believed) that the Euro would be major competition to the Dollar because it was backed by 30% gold. Yet it has declined 8% in value against the dollar since then. Regards, Ron