The Money Trap
Ever consider what would happen if the good guys won? There are a lot of people working hard to end the strangle hold of the international bank of debt system. Here in the U.S. they are focusing on banks like the U.S. Federal Reserve. What if they succeed and take control of the currency? What if they end the Fed?
What if we got back to some form of sound currency based on Capital instead of Capitalism? What if the world used the gold standard? Financial terrorists can’t use gold, or forms of real money, to own the world (fast enough). Nobody would sell them enough of what is privately, or publicly, owned and controlled. In order to seize control of global assets the terrorist needs debt economies to bleed and debt economists to teach and advise.
But what if the good money people win? What then? The whack jobs will still be there grabbing as much gold as they can. There will still be the social strata problem that a monetary system creates. So there will always be crime and poverty. Maybe less crime and poverty – but what does that matter to the impoverished? The question isn’t what money. The question is money, or no money. The real choice is between trade, or share. But till then, Ellen Brown:
Behind the Curtain
For many years the Bank for International Settlements (BIS) kept a very low profile, operating behind the scenes in an abandoned hotel.
It was here that decisions were reached to devalue or defend currencies, fix the price of gold, regulate offshore banking, and raise or lower short-term interest rates. In 1977, however, the BIS gave up its anonymity in exchange for more efficient headquarters. The new building has been described as “an eighteen story-high circular skyscraper that rises above the medieval city like some misplaced nuclear reactor.” It quickly became known as the “Tower of Basel.” Today the BIS has governmental immunity, pays no taxes, and has its own private police force. It is, as Mayer Rothschild envisioned, above the law.
The BIS is now composed of 55 member nations, but the club that meets regularly in Basel is a much smaller group; and even within it, there is a hierarchy. In a 1983 article in Harper’s Magazine called “Ruling the World of Money,” Edward Jay Epstein wrote that where the real business gets done is in “a sort of inner club made up of the half dozen or so powerful central bankers who find themselves more or less in the same monetary boat” – those from Germany, the United States, Switzerland, Italy, Japan and England. Epstein said:
The prime value, which also seems to demarcate the inner club from the rest of the BIS members, is the firm belief that central banks should act independently of their home governments… A second and closely related belief of the inner club is that politicians should not be trusted to decide the fate of the international monetary system.