| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Currency Wars: Move to Make Treasury’s Geithner a Permanent Member of US National Security Council
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
jessescrossroadscafe.blogspot.com / by Jesse / August 6, 2012
“To put it crudely, the US wants to inflate the rest of the world, while the latter is trying to deflate the US. The US must win, since it has infinite ammunition: there is no limit to the dollars the Federal Reserve can create.
What needs to be discussed is the terms of the world’s surrender: the needed changes in nominal exchange rates and domestic policies around the world.”
Martin Wolf, Financial Times, 12 Oct 2010
“…the Treasury secretary, who has primary authority on economic and financial issues in the cabinet, should be at every meeting to advise on how economic and security issues intersect, and to ensure that the United States is using its economic and financial strength in the most effective way.”
Robert Kimmitt, NY Times, 23 July 2012
Looks like the US is getting ready to flex its financial muscle. I don’t think the Anglo-American banking cartel will relinquish the dollar reserve currency supremacy easily. This is currency war.
I somehow missed this editorial when it first came out. But over the weekend and today I heard echoes of the same sentiment from various places in what looks like a loosely organized public relations campaign.
The National Security Council, formed in 1947 and comprised of the President, Vice-President, Secretary of State, Secretary of Defense, Director of the CIA, and the Joint Chiefs of Staff.
The National Security Council has an unmistakable military flavor.
The move to add the Treasury Secretary as a permanent member is just another sign of the currency wars heating up. At least from the US perspective, there is an unmistakable convergence between military and economic action.
Thanks to BrotherJohnF
2012-08-07 11:35:21
Source:
