Tuesday, April 15, 2008

US Dollar =fiat currency, how long?


Safe Haven | Facts Are Stubborn Things Part II: by Joseph Russo April 14, 2008 Safe Haven
"THE ALADDIN'S LAMP OF CENTRAL BANKING COMING FULL CIRCLE
If one is inclined toward general agreement with the notion that the pinnacle of power in the world is the power to create money, - then one must hastily conclude that; the government-aligned private organizations of central banking cartels, whom fund all of the worlds imperial centers of power, - must then be held as the absolute mightiest of powers, whom preside at the highest seat of omnipotent influence over a vast array of interconnected relationships across the entire global landscape.Shockingly, ALL modern-day legal tender manufactured by central banks around the world, have no such stability or metric beyond the decree to which those governments whom endorse its issuance approve, and upon the day-to-day faith and confidence that such currencies will be accepted as legal tender in exchange for goods and services whom its citizenry relies upon for planning their futures, and in providing for the sustenance of their day-to-day survival...
Who's the Boss
Central banks have been carefully positioned to exist as private legal entities, somewhat separate and independent from the governments they serve, and sometimes defined as quasi-government entities so as to in part, avoid plausibility of any partiality relative to specific political influence in setting their autonomous monetary policies."

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