http://www.theworldtomorrow.ca/weeklycolumn/naked-short/ with Jeff Patton Tue, 13 Dec 2011 21:06:01 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.theworldtomorrow.ca/weeklycolumn/naked-short/comment-page-1/#comment-80 Jeff Mon, 14 Jun 2010 17:37:27 +0000 http://www.theworldtomorrow.ca/?p=132#comment-80 The instability in the current paper money system, which is presently divided into the various national/regional currencies, requires "fixing" if the central bankers are to avoid regular costly "attacks" by the currency speculators and to insure continued global prosperity. I would say that the Euro insecurity is going to motivate Germany and the other EU countries to think seriously about solutions. When the problem becomes sufficiently acute, then the push will really be on to create a new global reserve currency. When that happens, a large measure of an individual nation's sovereignty will be transferred to an international authority. What starts like lamb in a field with spring flowers will end like a ravening wolf at our doors. The instability in the current paper money system, which is presently divided into the various national/regional currencies, requires “fixing” if the central bankers are to avoid regular costly “attacks” by the currency speculators and to insure continued global prosperity. I would say that the Euro insecurity is going to motivate Germany and the other EU countries to think seriously about solutions. When the problem becomes sufficiently acute, then the push will really be on to create a new global reserve currency. When that happens, a large measure of an individual nation’s sovereignty will be transferred to an international authority. What starts like lamb in a field with spring flowers will end like a ravening wolf at our doors.

]]> http://www.theworldtomorrow.ca/weeklycolumn/naked-short/comment-page-1/#comment-79 Peter Sat, 12 Jun 2010 21:42:09 +0000 http://www.theworldtomorrow.ca/?p=132#comment-79 Question: Will the current EU currency insecurity help facilitate or be used asa leaver to bring in this global system? Question: Will the current EU currency insecurity help facilitate or be used asa leaver to bring in this global system?

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