[Czar]

If Obama signs any such thing, he should be immediately impeached and removed for violating his oath of office.

[donmeaker]

We have a global currency. It is called Gold.

[ElayneJ]

to read later

[Leisler]

Private profits, public debts.

[Quix]

YUP.

Thanks for being awake.

And for trying to awaken the walking dead.

[theBuckwheat]

In order to have a global currency, we have to allow come authority to issue it. Who gets to appoint this World Economic Authority and how soon will it be before this body must get involved in approving policy decisions of the various governments that use its currency? Well, pretty soon, like in a New York Second.

A world currency leads to a world government like sunrise follows sunset.

Now, if this is not bad enough for people to oppose it, consider that every central bank issues its own fiat currency, and to the extent each nation's economy is decoupled from each other, in both economic and policy and terms, the boom-bust business cycle that comes from fiat money tends to occur independently.

With a single world fiat currency, the entire world economy will suffer from a worldwide boom-bust cycle. If we think that the great depression laid the social and political groundwork for the National Socialists to take over Germany, then just wait until the whole world is dragged into a worldwide great depression and there is no “lender of last resort” to bail the world out.

We are headed down a bad road. We must do all we can to stop before it is too late.

[theBuckwheat]

In order to have a global currency, we have to allow come authority to issue it. Who gets to appoint this World Economic Authority and how soon will it be before this body must get involved in approving policy decisions of the various governments that use its currency? Well, pretty soon, like in a New York Second.

A world currency leads to a world government like sunrise follows sunset.

Now, if this is not bad enough for people to oppose it, consider that every central bank issues its own fiat currency, and to the extent each nation's economy is decoupled from each other, in both economic and policy and terms, the boom-bust business cycle that comes from fiat money tends to occur independently.

With a single world fiat currency, the entire world economy will suffer from a worldwide boom-bust cycle. If we think that the great depression laid the social and political groundwork for the National Socialists to take over Germany, then just wait until the whole world is dragged into a worldwide great depression and there is no “lender of last resort” to bail the world out.

We are headed down a bad road. We must do all we can to stop before it is too late.

[Chode]

Mayer Amschel Bauer Rothschild famously said in 1791:

"Allow me to issue and control a nation's currency, and I care not who makes its laws."