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Alasdair Macleod: Plans for a global dystopia

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 7, 2019

Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked.

A monetary reset incorporating state-sponsored cryptocurrencies will enable exchange controls to be introduced between nations by separating cross-border trade payments from domestic money circulation. The purpose will be to gain greater control over money and to direct its investment into green projects.

... Dispatch continues below ...


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The Organization for Economic Cooperation and Development will build on current tax disclosures to make everyone's income and capital known to governments and therefore readily taxable, money destined to kick-start economic growth. Under the guidance of supranational organisations, governments will redirect investment into green technology. The objective, particularly for Europeans, is to neutralise Russia's increasing dominance of the global energy market by becoming carbon-neutral by 2030.

But perhaps, as Robert Burns put it, "the best-laid schemes o' mice an' men gang aft agley." They are based on Keynesian fallacies, but cannot be ignored. ...

... For the remainder of the commentary:

https://www.goldmoney.com/research/goldmoney-insights/plans-for-a-global...

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