Greenbackers vs. Goldbugs

The battle to expose the Federal Reserve has been long and arduous. It finally appears that after nearly 100 years of absolute economic control and near complete debasement of the dollar, the Fed’s reign may be coming to an end. Its eventual demise is certain according to Black Swan author Nassim Taleb and others. With all the recent mainstream talk and speculation about the end of the Fed, it is time to debate solutions for the future of America’s currency. This may indeed be the most important discussion of our lifetime.

First, we must be aware that the Federal Reserve, along with other foreign private central banks and the IMF, have long had plans for a global currency.  This is not conspiracy theory mumbo-jumbo anymore, but rather cold hard fact.  Lew Rockwell wrote an excellent article summarizing the IMF’s push for a global currency — the Bancor.  The recent international currency war may be the beginning of creating a false demand for something more stable for international trade.  As all major currencies race to the bottom, the private banking cartel will surely offer their global solution.  We know what their solution will be — continued debt slavery with more centralized control — but what will the people’s solution be?

There seems to be another currency war brewing right here in America.  The debate between the two most popular proposed solutions of adopting the Greenback or the Gold Standard has just officially begun. Last week, Gary North, a Goldbug and author of Honest Money, wrote a scathing attack of Web of Debt author Ellen Brown, a Greenbacker.  He took select samples from her book in an attempt to tie her public bank solution to Hitler, but failed to address the “interest-free” philosophy of her policy. Despite that, he does manage to frame the Goldbug’s argument against the Greenback, or public banking, as inferior:

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