Citizen
Founder's Club Member
My guess is a push for monetary hegemony--one planetary system of finance.
Here is why I guess that.
The politicians are in it for their own self-interests. They're going to keep doing what they've been doing--not making meaningful monetary and fiscal reform. Just look at the resistance Ron Paul is encountering from the establishment.
The bankers are in it for their own self-interests. They're not going to dramatically curtail their money-making game(s) which were direct causes of the current mess.
Basically, the central banks loan money created out of thin air to the governments, and the governments borrow from the central banks in order to finance their overspending.
As the poster above said, something is going to happen. The only question is when and how bad.
So, as things deteriorate, the bankers, who are already largely in control through their control of the central banks, are going to want to remain in control and/or try to get even more control.
If you step into the banker's shoes for a moment, the obvious solution is to make a play for a single planetary currency under the control of one planetary central bank. The IMF or World Bank already floated the idea last year. Its already been thought of by the bankers.
It was done once before--when the Federal Reserve was created. "Oh! Gloom! Financial doom! We bankers must have a central bank to prevent all this turmoil and protect people from insolvent banks and bank runs and monsters under the bed!" And, well, now we have a Federal Reserve aka central bank.
Same old story. They only way to prevent all the bad guys (in this case financial bad guys) from wrecking the place is to give control to one entity--that will be the story line. "Its for your own protection." Of course, economic turmoil in individual countries will only serve to add to the justification and the urgency. "Yes! Save us! Erect your planetary central bank! Give us your stable planet-wide monetary unit!"
Here is why I guess that.
The politicians are in it for their own self-interests. They're going to keep doing what they've been doing--not making meaningful monetary and fiscal reform. Just look at the resistance Ron Paul is encountering from the establishment.
The bankers are in it for their own self-interests. They're not going to dramatically curtail their money-making game(s) which were direct causes of the current mess.
Basically, the central banks loan money created out of thin air to the governments, and the governments borrow from the central banks in order to finance their overspending.
As the poster above said, something is going to happen. The only question is when and how bad.
So, as things deteriorate, the bankers, who are already largely in control through their control of the central banks, are going to want to remain in control and/or try to get even more control.
If you step into the banker's shoes for a moment, the obvious solution is to make a play for a single planetary currency under the control of one planetary central bank. The IMF or World Bank already floated the idea last year. Its already been thought of by the bankers.
It was done once before--when the Federal Reserve was created. "Oh! Gloom! Financial doom! We bankers must have a central bank to prevent all this turmoil and protect people from insolvent banks and bank runs and monsters under the bed!" And, well, now we have a Federal Reserve aka central bank.
Same old story. They only way to prevent all the bad guys (in this case financial bad guys) from wrecking the place is to give control to one entity--that will be the story line. "Its for your own protection." Of course, economic turmoil in individual countries will only serve to add to the justification and the urgency. "Yes! Save us! Erect your planetary central bank! Give us your stable planet-wide monetary unit!"
