EIR's Jeff Steinberg on Global Economy Since August 1971
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This excerpt is part of a longer interview conducted by LaRouchePAC with EIR's Jeff Steinberg discussing the global dynamic initiated by the BRICS nations in July 2014, to overhaul the global financial system, and Mr. and Mrs. LaRouche's role in forecasting the collapse of the current monetary system and their successive proposals of reforms.
Comments
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Got to Vote Trump, this year...
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The "unseen hand" is always obfuscatory to total evil as since Smith's time has been the case with all forms of money save a few for brief periods IMO. Ben Franklin's versions of debt-free money were pretty good, though variously backed and finally driven out by British counterfeiting (sound familiar?), Abe Lincoln's greenbacks saved the union, but were ruined right away...such is the allure of debt-based money for those who abuse the public with it; L T McFadden didn't have a chance to get rid of it from the fed and I'm even afraid FDR even knew about it but chose to ignore it long enough to propose his own version of a better, fairer version...credit money, about which, laRouche has an excellent video, and JFK/RFK tried for a sovereign, silver backed US government form of money but didn't do so well either....I forgot Jackson, who tried to get rid of the banksters and within 2 weeks (as usual....transit time across the Atlantic), there was an attempted assassination of him, but both pistols misfired...but finally somebody got him and he survived. He used to use the lung lodged bullet as a distraction when someone he didn't favor came into the oval office by coughing up some blood !
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False dichotomy of gold vs uncontrolled monetization by wallstreet.. Deregulation was the real dagger in the heart of American fairness to all monetarily, which has gotten so unfair as to be totally Machiavellian that Ayn Rand and Adam Smith would cheer
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