From: Prison Planet
Treasury Secretary a traitor, tells American people one thing, CFR [Council of Foreign Relations] elitists another, as move towards global monetary union accelerates
In a near complete reversal of his comments on Tuesday, when he told a Congressional hearing that there were no plans to move towards a global currency to supplant the dollar, Treasury Secretary Timothy Geithner sought to please the elitist CFR by assuring them that he was “open” to the notion of a new global currency system. …
“I haven’t read the governor’s proposal. He’s a very thoughtful, very careful distinguished central banker. I generally find him sensible on every issue,” said Geithner, before adding, “We’re actually quite open to that suggestion – you should see it as rather evolutionary rather building on the current architecture rather than moving us to global monetary union.” …
The continued use of the dollar as a reserve currency, he added, “depends..on how effective we are in the United States…at getting our fiscal system back to the point where people judge it as sustainable over time.”
By that standard then, the dollar is a dead duck.
Related: Skousen: New Currency? Not So Fast | Bernanke Lying
Leave a Reply