The American Empire in a Changing World


Tuesday, December 4, 2012

''Hyperinflation and the Pernicious Myth of Modern Monetary Theory: Dollar Vigilantes''

From Jesse's Cafe Americain

''Overt monetization only works for a protracted period in a system in which one has political control over everyone who uses that currency. The logical outcome of a global dollar regime with unilateral monetization is an eventual bid for a one world government where a false vision of reality can be enforced with -- force. Force and fraud are the perennial instruments of economic tyranny. 

Hence we are in what is called 'the currency war' wherein the US dollar monetarists are attempting to increasingly impose their will on the rest of the world, and a portion of the rest of the world defers to accept that arrangement.''

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