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Holy Shit!!!!!!!! Central Banks Prepare to Distribute Foreign Currency at Home - Get ready, One World Currency
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:ScottFlex:MV8xNzE3MzEyXzI4NDExMzAwX0IwNjk2M0I0] [quote:ANONYMOUS 1486221:MV8xNzE3MzEyXzI4NDExMDY1Xzk0MUY4RUU0] [quote:ScottFlex:MV8xNzE3MzEyXzI4NDEwNjEyX0Y5MEI5NjU3] I think your a moron. He meant Paul's speech given in the early 00's. One which I debunked (two days ago but the shills love repeating this BS mantra) the NWO nonsense and any intelligent person could do the same. But hey, keep believing crap slogans you read here instead of doing your own research. [/quote] I DID my research! The quote is from the CONGRESSIONAL RECORD, March 2001. This is from a LIBERTARIAN's blog: Ron Paul Supports Globalization and One World Currency June 23, 2010 by Keith Gardner “There’s nothing to fear from globalism, free trade and a single worldwide currency…. The effort in recent decades to unify government surveillance over all world trade and international financial transactions through the UN, IMF, World Bank, WTO, ICC, the OECD, and the Bank of International Settlements can never substitute for a peaceful world based on true free trade, freedom of movement, a single but sound market currency, and voluntary contracts with private property rights…. The ultimate solution will only come with the rejection of fiat money worldwide, and a restoration of commodity money. Commodity money if voluntarily and universally accepted could give us a single world currency requiring no money managers, no manipulators orchestrating a man-made business cycle with rampant price inflation.” — Ron Paul, Congressional Record, March 13, 2001 Source: http://www.singleglobalcurrency.org/governments.html You’ll also notice all the Paul Volcker quotes from the source. Many libertarians may be surprised to find that many of the “libertarian” economists were funded by the William Volker Fund and the Rockefeller Foundation, which can be easily verified from the Ludwig von Mises Institute web site. READ MORE AT: http://libertyrevival.wordpress.com/2010/06/23/ron-paul-supports-globalization-and-one-world-currency/ [/quote] Yes and I DEBUNKED the nonsense you post. Search trinity's thread about obama over newt, I did my analysis there and will not waste more time on this BS. And Im NOT libertarian you label giving fool. [/quote]
Original Message
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courtesy of John Galt FLA
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Nov. 30 (Bloomberg) -- The Federal Reserve and five other central banks set up agreements to distribute each other’s currencies in the event of a global funding crisis.
“At present, there is no need to offer liquidity in non- domestic currencies other than the U.S. dollar,” the Fed said in a statement. “The central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.”
The bilateral agreements were announced alongside coordinated action by the six central banks aimed at boosting dollar liquidity. Bilateral swaps would enable,
for example, the Fed to provide euros, Swiss francs, or British pounds to U.S. banks if needed.
[
link to www.businessweek.com
]
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