Originally Posted By: Trajan
As a gov't can print the money, I find the "global elites" theory laughable.
This isn't the Middle Ages.
Our government does not print money - that power was given to a privately owned banking cartel (the Federal Reserve) many decades ago.
Euro countries give up this power as a condition of joining the EMU.
In the less-developed world, governments that accept IMF "assistance" loses monetary self-determination.
As a gov't can print the money, I find the "global elites" theory laughable.
This isn't the Middle Ages.
Our government does not print money - that power was given to a privately owned banking cartel (the Federal Reserve) many decades ago.
Euro countries give up this power as a condition of joining the EMU.
In the less-developed world, governments that accept IMF "assistance" loses monetary self-determination.
Last edited: