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Tuesday, September 4, 2007

Ron Paul and Currency War

It is amazed to find out the internet popular candidate Ron Paul advocates for gold standard. Recently the bestseller in China is a book called Currency War written by Song Hongbing, which is about the gold standard, too. Is it a coincidence?

I don’t know so much about Ron Paul, and I guess his view is to restore gold standard to help US set up a stable financial system, while the writer of Currency War is different. China is opening its financial sector to the world, which you could find out from the cooperation between CCB and Bank of America, and it received a lot of concern from Chinese researchers. They are trying to find out a way to avoid the control of international capital. The Currency War points out a way, is it plausible?

The Currency War blames the financial crisis to private central banking. It controls one nation with circulation of fiat currency which is based on debt-based monetary system. The bankers “make” crisis through over or short liquidity. Yes, it sounds like a conspiracy.

I’m still studying on this point. Until now, I’m not sure which to blame? The debt-based monetary system or the private central bank?

9 comments:

Anonymous said...

blame the central banks. they're criminals.

Anonymous said...

the Fed is a private for-profit corporation. the people who own the Fed money that's lended to the US govt are the same international corporate banking families that have been buying the US govt for decades. these are the same families that we escaped when we left England to start the USA. these are the same bastards who hired a buttload of Brits and sent them over to kill our Yankee azzes -- the revolutionary war -- because we started our own currency that they could not tax. these peole have always been and will always be evil, and they should be kept on a very short leash with all pointy objects pointed at their family jewels.

Anonymous said...

From freedom to fascism. Aaron Russo. Watch it on youtube.
Song's book has "copied" a lot from books published already.

منشورات ممنوعة من النشر ! said...

i want to read the book ... could you help me ... my e-mail is : batanoni@gmail.com

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