The Return Of The Gold Standard In The New World Order

goldYou knew it was coming, right? Ambrose Evans-Pritchard reports for the Telegraph that gold has reclaimed its ancient status as the anchor of stability. The spot price surged to an all-time high of $1,594 an ounce in London, lifting silver to $39 in its train:

On one side of the Atlantic, the eurozone debt crisis has spread to the countries that may be too big to save – Spain and Italy – though RBS thinks a €3.5 trillion rescue fund would ensure survival of Europe’s currency union.

On the other side, the recovery has sputtered out and the printing presses are being oiled again. Brinkmanship between the Congress and the White House over the US debt ceiling has compelled Moody’s to warn of a “very small but rising risk” that the world’s paramount power may default within two weeks. “The unthinkable is now thinkable,” said Ross Norman, director of thebulliondesk.com…

Step by step, the world is edging towards a revived Gold Standard as it becomes clearer that Japan and the West have reached debt saturation. World Bank chief Robert Zoellick said it was time to “consider employing gold as an international reference point.” The Swiss parliament is to hold hearings on a parallel “Gold Franc”. Utah has recognised gold as legal tender for tax payments.

A new Gold Standard would probably be based on a variant of the ‘Bancor’ proposed by Keynes in the late 1940s. This was a basket of 30 commodities intended to be less deflationary than pure gold, which had compounded in the Great Depression. The idea was revived by China’s central bank chief Zhou Xiaochuan two years ago as a way of curbing the “credit-based” excess.

Mr Bernanke himself was grilled by Congress this week on the role of gold. Why do people by gold? “As protection against of what we call tail risks: really, really bad outcomes,” he replied.

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  • jasonpaulhayes

    “If you tap into the Vatican accounts, of the Vatican Bank, you come up with a claim of total bullion (interrupted) … the total value of the Vatican Bank reserves would claim to be more that the entire value of Gold thought to have ever been mined in the history of the world.” Lord James Blackheath before British Parliament Re: Foundation X (Undisclosed entity behind Global Banking)

    http://www.youtube.com/watch?v=QaA-5_IjkeE

    http://www.youtube.com/watch?v=VbLEFrg5ZMI&feature=related
     

  • http://twitter.com/jasonpaulhayes jasonpaulhayes

    “If you tap into the Vatican accounts, of the Vatican Bank, you come up with a claim of total bullion (interrupted) … the total value of the Vatican Bank reserves would claim to be more that the entire value of Gold thought to have ever been mined in the history of the world.” Lord James Blackheath before British Parliament Re: Foundation X (Undisclosed entity behind Global Banking)

    http://www.youtube.com/watch?v=QaA-5_IjkeE

    http://www.youtube.com/watch?v=VbLEFrg5ZMI&feature=related
     

  • Jc

    A gold standard, the fixing of gold to currency, no longer provides value in a modern digital means of exchange system. It won’t work.

    Gold as a reference point to currencies, that is, weight of physical gold measures fit currency, daily feedback of the actions of government and central bank, exposes to everyone, where true value is going, regularly. This path is inevitable.

    Mr Bernanke is incompetent or deceptive or a measure of both.

  • Jc

    A gold standard, the fixing of gold to currency, no longer provides value in a modern digital means of exchange system. It won’t work.

    Gold as a reference point to currencies, that is, weight of physical gold measures fit currency, daily feedback of the actions of government and central bank, exposes to everyone, where true value is going, regularly. This path is inevitable.

    Mr Bernanke is incompetent or deceptive or a measure of both.

  • http://voxmagi-necessarywords.blogspot.com/ VoxMagi

    Despite that it will never happen…cue the frantically masturbating goldbugs!!! 

  • http://voxmagi-necessarywords.blogspot.com/ VoxMagi

    Despite that it will never happen…cue the frantically masturbating goldbugs!!! 

  • wizard troll

    leperchauns arise!

  • wizard troll

    leperchauns arise!

  • GoodDoktorBad

    Gold, like paper money or any other form of legally or illegally backed abstract representation of value such as goods and services is based on trust between parties. Obviously, this explanation of the value of money changes all the time, while the need for goods such as food doesn’t change very much or not nearly as quickly. 
    I’m speaking in general terms of course and I don’t wish to get into the intricacies of supply and demand, especially when discussing money. Money facilitates exchange in theory, although with inflation, which is really just a more accepted word for fear of lack -based greed, money becomes more a hindrance and complication to fair trade and distribution than a facilitator.  

    Ultimately, money systems as we know them today are killing us, especially when it comes to things like central banking or any enterprise where money IS the business. The practices of these institutions are based purely on the concept of usury. They produce little or nothing of value and essentially are parasitical in nature. They exist to extract value from others who actually produce something or provide manpower to needed sources of value. (ie. farmers, laborers of all kinds etc.).

    So, here we are contemplating the “gold standard” as if it’s anything much different than what we already have. I used to just accept that the gold standard was somehow superior to our present system, mainly because I read somewhere that it was and seemed like a good idea at the time. Not very good reasoning, I know. 
    The main arguments center around the idea that gold, being of limited supply, will control inflation somehow.
    I’ll agree that gold has a bit more practical value than paper or numbers in computer spreadsheets. Beyond this, how is different otherwise? Like paper money, you can’t eat it, it’s largely impractical for most uses other than it being highly conductive to electricity, it’s pretty and easily worked into jewelry etc. and it doesn’t ever corrode. So what. 99.9% of the time it is of no practical use at all. 

    So we have a world built on abstraction rather than real practicality. Greed in a world of abundance. Usury rather than co-operation. “Mine” rather than “anyone’s”. We can’t seem to open our eyes and see that numbers on paper aren’t worth more than food on the table. Documents aren’t what your house is built from or on. Food is real. Shelter is real etc. Money is numbers on paper, abstract, NOT reality. We’re living in a dream that we have been conditioned to believe is reality. 

    The gold standard changes little or nothing. It’s another dream being sold to a hypnotized population of slaves who believe they are free. But, we’re are waking up slowly. I can only hope that a full awakening will come soon in a world with so many people, more than ever before in known history, destroys itself. Humans will likely survive in a limited way when such an event occurs, and it will occur soon enough. The human race has never been in a worse position than it is now. The abstract concepts of monetary wealth are failing because they can do nothing else. It is it’s very built-in nature. All empires and structures that lack integrity eventually fall. Abstraction will never replace reality no matter how much we would like it to. 
     

    • MoralDrift

      good post, something I want to throw out there that I have been thinking about;

      Why is it that America is limited not by food, natural resources, knowledge, manpower, or even creativity but we are limited by “money” or credit. It makes no sense, we have enormous productive, research, creative capacity and yet we let millions go unemployed, undereducated, underfed, underutilized due to lack of funds. But where do the funds spring from? We lack nothing but credit, and a sense of direction as far as what we should be working towards..instead of building malls why not homes, labs, rocket ships etc…..

      Hopefully, some of our tech will survive whatever is ahead and we can get to the serious work of building the world we all deserve

      • Drbobdobbs

        The US is limited by energy. Specifically oil. You’ll learn a lot more about that in the coming years.

        • MoralDrift

          which wouldnt be a problem if we seriously pursued alternative energy…one of those things about directing our own fate vs letting the market direct fate

          • GoodDoktorBad

            Sunshine, the movement of the earth, its winds  and its waters can provide all the energy we will ever need. Who says perpetual motion doesn’t exist? We live on a perpetual motion machine. The energy industry as we know is a huge scam.

          • SF2K01

            But those forms take way too much space to the level that they are impractical to harness, even though they’re a great supplement. The best (main) energy source is nuclear but people are still too scared of newfangled technology to embrace it.

          • Drbobdobbs

            Apparently you haven’t heard about the tremendous breakthroughs in pixie dust and unicorn piss. Energy density, transportability, and reliability be damned. We have dreams, they will save us!

          • Bigbeatelite

            Ask Japan how they feel about nuclear especially in the Gung ODng province.  WIND FARMS PLEASE or OCEAN TURBINESS.  NO NUCLEAR

          • Redacted

            We should learn to harness such properties that the peculiar actions of Nature provides us with.

    • CaptainObvious

      That rocked GDB. Why replace one idol for another? We are life. We are intelligence. We made the system. We can change it. It is not concrete. The monetary system is like growing a garden, and then not eating the produce, because you don’t have the money to buy it. It is so obviously ridiculous and we all know it. The problem is, they are organized, we aren’t.

    • seems like i went to school

      negative and obvious view and my oh my are you long winded. go play some games or something comment for the lol we dont need another article

      • Failed Every Course

        Please, take your shit stains elsewhere. Believe it or not, a lot of people come here to read the comments because of the variety. Some are intelligent, funny, dumb, long, short,etc, but the whole speaks volumes. No one said you had to read the long ones if your mind only likes sound bites. Well, that’s my meaningless two cents, but that’s what these posts are all about. Hope it wasn’t to long. Peace.

        • GoodDoktorBad

          “the whole speaks volumes”

          That’s a powerful truth. I hope you don’t mind if I use it in future posts. 

          • Failed Every Course

            Moon don’t mind. Wholeness shares. Wholeness increases. We are Holy.

      • Andrew

        Went over your head, didn’t it?

        • GoodDoktorBad

          What head?

      • Tuna Ghost

        Wait, are you criticizing his post for being “negative”?  Seriously?  Is that…is that something people do where you’re from?  And five paragraphs count as “long-winded”?  I’m guessing you’re not a big reader.

    • Mr Willow

      *applause*

    • Nunzio X

      GDB hits a home run.

      Gold bugs seem to think they can buy a dozen eggs, paying with an ounce of gold, and get their change in…gold. Substituting one “consensus reality currency” with another doesn’t change the equation much. Things still “work” only because most people agree on the value of a currency. And when you get right down to it, what REAL value does gold have—as a material you can make dental crowns with?

      Rather than buy an ounce of gold, wouldn’t it be better to buy $1500 worth of ammunition, say? Much easier to trade a .45 round for a few eggs than an ounce of gold. And the ammo has actual use, if it comes right down to that.

      Or maybe spend the $1500 learning practical skills useful in a “the money has no value” economy, like carpentry, welding, small engine repair, first aid, etc.?

      These bubbles always burst sooner or later. I remember a former co-worker, a man close to retirement, who spent all his money buying silver during the last big run-up, back when the Hunt brothers were trying to corner the market. Guess which poor bastard took a financial ass-whipping and is probably still not retired, now in his 70s?

    • SF2K01

      Not to mention they do this trick every so many years. The price of gold goes up, they convince you to buy gold, then you buy it and what happens? Same thing that happened in the 80s, gold market crashes and you’ve lots thousands of dollars while the gold market walks away laughing and will do it again in 20 years.

    • Ultimate Cynic

      I agree with you that gold as as money will not really fix our problems, because the root problem is usury.

      In 2008 I enthusiastically supported Ron Paul, but that was before I understood this. His failure to understand that usury is the root problem is his fatal flaw. 

      Usury is the weapon used by the wealthiest (top tenth of a percent) to enslave the rest of us.  

      Usury is the root cause of the wrecking of our earth, because it necessitates the relentless pursuit of economic growth at the expense of everything else.

      Those of us who have grown up in the the comfortable US middle class have been hypnotized into thinking that usury capitalism equals free trade and is a necessary basis of liberty.  In
      the coming collapse of our middle class lifestyle, many of us will snap
      out of our hypnotic state if given enough basic information to
      understand.  But will it then be too late to avert the total
      collapse of our country?  The incipient global economic collapse, if not averted, could kill billions and plunge the survivors into a dark age.

  • Anonymous

    Gold, like paper money or any other form of legally or illegally backed abstract representation of value such as goods and services is based on trust between parties. Obviously, this explanation of the value of money changes all the time, while the need for goods such as food doesn’t change very much or not nearly as quickly. 
    I’m speaking in general terms of course and I don’t wish to get into the intricacies of supply and demand, especially when discussing money. Money facilitates exchange in theory, although with inflation, which is really just a more accepted word for fear of lack -based greed, money becomes more a hindrance and complication to fair trade and distribution than a facilitator.  

    Ultimately, money systems as we know them today are killing us, especially when it comes to things like central banking or any enterprise where money IS the business. The practices of these institutions are based purely on the concept of usury. They produce little or nothing of value and essentially are parasitical in nature. They exist to extract value from others who actually produce something or provide manpower to needed sources of value. (ie. farmers, laborers of all kinds etc.).

    So, here we are contemplating the “gold standard” as if it’s anything much different than what we already have. I used to just accept that the gold standard was somehow superior to our present system, mainly because I read somewhere that it was and seemed like a good idea at the time. Not very good reasoning, I know. 
    The main arguments center around the idea that gold, being of limited supply, will control inflation somehow.
    I’ll agree that gold has a bit more practical value than paper or numbers in computer spreadsheets. Beyond this, how is different otherwise? Like paper money, you can’t eat it, it’s largely impractical for most uses other than it being highly conductive to electricity, it’s pretty and easily worked into jewelry etc. and it doesn’t ever corrode. So what. 99.9% of the time it is of no practical use at all. 

    So we have a world built on abstraction rather than real practicality. Greed in a world of abundance. Usury rather than co-operation. “Mine” rather than “anyone’s”. We can’t seem to open our eyes and see that numbers on paper aren’t worth more than food on the table. Documents aren’t what your house is built from or on. Food is real. Shelter is real etc. Money is numbers on paper, abstract, NOT reality. We’re living in a dream that we have been conditioned to believe is reality. 

    The gold standard changes little or nothing. It’s another dream being sold to a hypnotized population of slaves who believe they are free. But, we’re are waking up slowly. I can only hope that a full awakening will come soon in a world with so many people, more than ever before in known history, destroys itself. Humans will likely survive in a limited way when such an event occurs, and it will occur soon enough. The human race has never been in a worse position than it is now. The abstract concepts of monetary wealth are failing because they can do nothing else. It is it’s very built-in nature. All empires and structures that lack integrity eventually fall. Abstraction will never replace reality no matter how much we would like it to. 
     

  • Anonymous

    good post, something I want to throw out there that I have been thinking about;

    Why is it that America is limited not by food, natural resources, knowledge, manpower, or even creativity but we are limited by “money” or credit. It makes no sense, we have enormous productive, research, creative capacity and yet we let millions go unemployed, undereducated, underfed, underutilized due to lack of funds. But where do the funds spring from? We lack nothing but credit, and a sense of direction as far as what we should be working towards..instead of building malls why not homes, labs, rocket ships etc…..

    Hopefully, some of our tech will survive whatever is ahead and we can get to the serious work of building the world we all deserve

  • CaptainObvious

    That rocked GDB. Why replace one idol for another? We are life. We are intelligence. We made the system. We can change it. It is not concrete. The monetary system is like growing a garden, and then not eating the produce, because you don’t have the money to buy it. It is so obviously ridiculous and we all know it. The problem is, they are organized, we aren’t.

  • seems like i went to school

    negative and obvious view and my oh my are you long winded. go play some games or something comment for the lol we dont need another article

  • Anarchy Pony

    You can’t eat it, you can’t burn it for fuel, it doesn’t make decent or durable tools, and it can’t be used as fertilizer. Gold is USELESS. At least with paper money you can use it for kindling.

  • Old Soul

    You can’t eat it, you can’t burn it for fuel, it doesn’t make decent or durable tools, and it can’t be used as fertilizer. Gold is USELESS. At least with paper money you can use it for kindling.

  • Failed Every Course

    Please, take your shit stains elsewhere. Believe it or not, a lot of people come here to read the comments because of the variety. Some are intelligent, funny, dumb, long, short,etc, but the whole speaks volumes. No one said you had to read the long ones if your mind only likes sound bites. Well, that’s my meaningless two cents, but that’s what these posts are all about. Hope it wasn’t to long. Peace.

  • BuzzCoastin

    Gold would be a great way to return the economy back to the 16th century, where a small powerful elite invaded countries and destroyed civilizations in pursuit of the precious metal. Wee the people cannot go forward by traveling backward.

    • Drbobdobbs

      Interesting revisionism there. You should be aware that there was a gold standard all through the 20th century until 1971. Try another strawman.

      • BuzzCoastin

        In case you haven’t noticed a lot has changes since 1971.  There is presently not enough gold to support the world economy which is one of the reason the gold standard was dropped.  The trick is to put the value of money into the hands of the people and not into the hands of the elite. Gold has always been used by the elite to subjugate the peasants; it has never been used to elevate the average man to prosperity. The Rothschild’s based their system of enslavement on gold.

        • http://hormeticminds.blogspot.com/ Chaorder Gradient

          Well thats what derivatives are for! hooray!

          • BuzzCoastin

            There are gold derivatives available.  Gold, like paper money, is only valuable because somebody declares it is valuable and people believe it to be so.  Wee are not so highly evolved that wee can overvalue the valueless.

          • Drbobdobbs

            A rudimentary calculation places the full backing of our current dollars to gold at about $93,000/oz. At that price, the entire M3 is backed. This is ironic, considering that prior to the Nixon shock the gold/dollar fix was about $32/oz. But nevermind that. You have conveniently forgotten that a gold standard is nothing but a fix of $/oz, yet you argue that there is not enough gold for such a fix? This is the same ridiculous argument used by the counterfeiters at the FED and Treasury to continue inflating value out of the currency. I like your little Rothschild argument too. I chuckled at the insinuation that such slavery as they caused is not being caused right now with our current debt-is-money system. I see you prefer your debt slavery to asset slavery. So be it, you too shall enjoy the fate of all the ‘believers in fiat’.

          • BuzzCoastin

            Unless you have a ton of gold, which I doubt, there is no advantage to you to have a gold standard.  Whereas, those who do have a ton of gold, like the Building 7 people and those that manipulate the money game, have a lot to gain from the gold standard.

          • Andrew

            Gold is valued by fiat.

          • Drbobdobbs

            History demonstrates the opposite. Enjoy your inflation and serfdom.

          • Andrew

            Enjoy your leaps to conclusions.

          • Andrew

            Enjoy your leaps to conclusions.

          • Tuna Ghost

            Speaking of history, what do you make of the times when people got frightened of inflation, decided gold was a safer bet, then the price of gold dropped dramatically and they lost thousands?  This was as recent as the 80s.  Why do you think gold isn’t subject to manipulation, that it is a safer bet, when recent history has proven otherwise?

  • http://buzzcoastin.posterous.com BuzzCoastin

    Gold would be a great way to return the economy back to the 16th century, where a small powerful elite invaded countries and destroyed civilizations in pursuit of the precious metal. Wee the people cannot go forward by traveling backward.

  • Drbobdobbs

    The US is limited by energy. Specifically oil. You’ll learn a lot more about that in the coming years.

  • Drbobdobbs

    Interesting revisionism there. You should be aware that there was a gold standard all through the 20th century until 1971. Try another strawman.

  • http://buzzcoastin.posterous.com BuzzCoastin

    In case you haven’t noticed a lot has changes since 1971.  There is presently not enough gold to support the world economy which is one of the reason the gold standard was dropped.  The trick is to put the value of money into the hands of the people and not into the hands of the elite. Gold has always been used by the elite to subjugate the peasants; it has never been used to elevate the average man to prosperity. The Rothschild’s based their system of enslavement on gold.

  • Anonymous

    which wouldnt be a problem if we seriously pursued alternative energy…one of those things about directing our own fate vs letting the market direct fate

  • Mr Willow

    *applause*

  • Mr Willow

    *applause*

  • http://hormeticminds.blogspot.com/ Chaorder Gradient

    Well thats what derivatives are for! hooray!

  • Hadrian999

    one of the great pipe dreams of our time, tying currency to a particular resource that is valuable based on mostly tradition is a terrible idea, the only people it serves are those who control gold. the world economy would completely breakdown without enough currency to facilitate the flow of goods and services.

  • Hadrian999

    one of the great pipe dreams of our time, tying currency to a particular resource that is valuable based on mostly tradition is a terrible idea, the only people it serves are those who control gold. the world economy would completely breakdown without enough currency to facilitate the flow of goods and services.

  • http://buzzcoastin.posterous.com BuzzCoastin

    There are gold derivatives available.  Gold, like paper money, is only valuable because somebody declares it is valuable and people believe it to be so.  Wee are not so highly evolved that wee can overvalue the valueless.

  • Nunzio X

    GDB hits a home run.

    Gold bugs seem to think they can buy a dozen eggs, paying with an ounce of gold, and get their change in…gold. Substituting one “consensus reality currency” with another doesn’t change the equation much. Things still “work” only because most people agree on the value of a currency. And when you get right down to it, what REAL value does gold have—as a material you can make dental crowns with?

    Rather than buy an ounce of gold, wouldn’t it be better to buy $1500 worth of ammunition, say? Much easier to trade a .45 round for a few eggs than an ounce of gold. And the ammo has actual use, if it comes right down to that.

    Or maybe spend the $1500 learning practical skills useful in a “the money has no value” economy, like carpentry, welding, small engine repair, first aid, etc.?

    These bubbles always burst sooner or later. I remember a former co-worker, a man close to retirement, who spent all his money buying silver during the last big run-up, back when the Hunt brothers were trying to corner the market. Guess which poor bastard took a financial ass-whipping and is probably still not retired, now in his 70s?

  • Andrew

    Went over your head, didn’t it?

  • Anonymous

    “the whole speaks volumes”

    That’s a powerful truth. I hope you don’t mind if I use it in future posts. 

  • Anonymous

    What head?

  • Anonymous

    Sunshine, the movement of the earth, its winds  and its waters can provide all the energy we will ever need. Who says perpetual motion doesn’t exist? We live on a perpetual motion machine. The energy industry as we know is a huge scam.

  • The Murderer Of Faggots!

    You faggots could fit two of these in your asshole at once couldn’t you!

  • Failed Every Course

    Moon don’t mind. Wholeness shares. Wholeness increases. We are Holy.

  • Anonymous

    But those forms take way too much space to the level that they are impractical to harness, even though they’re a great supplement. The best (main) energy source is nuclear but people are still too scared of newfangled technology to embrace it.

  • Anonymous

    Not to mention they do this trick every so many years. The price of gold goes up, they convince you to buy gold, then you buy it and what happens? Same thing that happened in the 80s, gold market crashes and you’ve lots thousands of dollars while the gold market walks away laughing and will do it again in 20 years.

  • Drbobdobbs

    A rudimentary calculation places the full backing of our current dollars to gold at about $93,000/oz. At that price, the entire M3 is backed. This is ironic, considering that prior to the Nixon shock the gold/dollar fix was about $32/oz. But nevermind that. You have conveniently forgotten that a gold standard is nothing but a fix of $/oz, yet you argue that there is not enough gold for such a fix? This is the same ridiculous argument used by the counterfeiters at the FED and Treasury to continue inflating value out of the currency. I like your little Rothschild argument too. I chuckled at the insinuation that such slavery as they caused is not being caused right now with our current debt-is-money system. I see you prefer your debt slavery to asset slavery. So be it, you too shall enjoy the fate of all the ‘believers in fiat’.

  • Drbobdobbs

    Apparently you haven’t heard about the tremendous breakthroughs in pixie dust and unicorn piss. Energy density, transportability, and reliability be damned. We have dreams, they will save us!

  • http://buzzcoastin.posterous.com BuzzCoastin

    Unless you have a ton of gold, which I doubt, there is no advantage to you to have a gold standard.  Whereas, those who do have a ton of gold, like the Building 7 people and those that manipulate the money game, have a lot to gain from the gold standard.

  • Andrew

    Gold is valued by fiat.

  • Tuna Ghost

    Wait, are you criticizing his post for being “negative”?  Seriously?  Is that…is that something people do where you’re from?  And five paragraphs count as “long-winded”?  I’m guessing you’re not a big reader.

  • Drbobdobbs

    History demonstrates the opposite. Enjoy your inflation and serfdom.

  • Andrew

    Enjoy your leaps to conclusions.

  • Tuna Ghost

    Speaking of history, what do you make of the times when people got frightened of inflation, decided gold was a safer bet, then the price of gold dropped dramatically and they lost thousands?  This was as recent as the 80s.  Why do you think gold isn’t subject to manipulation, that it is a safer bet, when recent history has proven otherwise?

  • Bigbeatelite

    Ask Japan how they feel about nuclear especially in the Gung ODng province.  WIND FARMS PLEASE or OCEAN TURBINESS.  NO NUCLEAR

  • Anonymous

    We should learn to harness such properties that the peculiar actions of Nature provides us with.

  • Ultimate Cynic

    I agree with you that gold as as money will not really fix our problems, because the root problem is usury.

    In 2008 I enthusiastically supported Ron Paul, but that was before I understood this. His failure to understand that usury is the root problem is his fatal flaw. 

    Usury is the weapon used by the wealthiest (top tenth of a percent) to enslave the rest of us.  

    Usury is the root cause of the wrecking of our earth, because it necessitates the relentless pursuit of economic growth at the expense of everything else.

    Those of us who have grown up in the the comfortable US middle class have been hypnotized into thinking that usury capitalism equals free trade and is a necessary basis of liberty.  In
    the coming collapse of our middle class lifestyle, many of us will snap
    out of our hypnotic state if given enough basic information to
    understand.  But will it then be too late to avert the total
    collapse of our country?  The incipient global economic collapse, if not averted, could kill billions and plunge the survivors into a dark age.