Meltdown's Monetary Heresy
As the dollar continues its descent, the prospects for sound money are alive, but much more so are the prospects for a new fiat currency. The top decision makers in the federal government regard the money machine as their right arm, and they aren't about to cut it off. Political money, not sound money, provides life-support for their ambitions. FULL ARTICLE
Comments (1)
Vanmind
As with the timing of stump speeches during election-year cycles, I became worried that Meltdown would become mostly forgotten by the time the accelerating meltdown started to devastate the majority of Americans. Is another Austrian working on another book to appear early in 2010? Or are we to hope that people in the near future will be willing to look back toward such an "old" book?
I'm pretty sure that by 2010, those pushing for a global central bank, global government and one-world fiat currency will be calling Meltdown a "quaint but obsolete" set of ideas. Their friends own most major media companies, and despite recent bones being thrown to keep people reading/viewing, IMO those companies will soon return to the original script (especially if they get treated to anti-internet legislation and round-two stimulus funding).
Tom Woods was smart to be first out there with an explanation. Someone needs to take the tag-off and jump over the ropes holding another foreign object (foreign to state-worshippers, that is). Tag team the bastards -- or, to use a different analogy -- while they're busy regrouping their forces and counterattacking against the initial frontal assault of reason, flank the bastards.
Published: July 16, 2009 7:11 PM