Has Gordon been reading Murray Rothbard again?
Speaking at Davos today, Gordon Brown outlined his 'vision' for a single 'global financial regulation system'.
By the time of his upcoming G20 summit, this 'vision' will have transmuted into the World Reserve Bank long forecast by Austrian economists as the inevitable outcome of Monetarist and Keynesian inflationist agitation.
However, as Ron Paul and many others in the Austrian School have long said, nothing these shysters want to try will work, because the world paper monetary system has nowhere to go but into the toilet. The only true solution will be a fully 100% gold reserve or silver reserve standard (or both), though it may take several painful decades before we get there.
It has long been the rant of all socialists, that socialism will only 'work' when the whole world is forced at gunpoint to adopt it. The same story is true of their very close brethren in the central banking lobby. 'If only we could all inflate together, then it would all work out', is the general message underlying their crooked aspirations.
Obviously, a World Reserve Bank with one world currency (which Keynes himself wanted to call the "bancor" and The Economist wanted to call the "phoenix") will be an absolute disaster, which will destroy all living standards everywhere. But what does Gordon Brown care about other people's lives being destroyed by reckless socialist action? If there is one thing he is world class at, then this must be it.
So as long as he gets to be the first chairman of the WRB, once he is tossed out on his ear from the bunker at Downing Street by the peasants with pitchforks, he cares not one jot.
Though it will be sweet if, as is rumoured, Obama fails to turn up at Gordon's upcoming G20 conference to start the WRB process rolling. The sulk from Brown should hopefully then be enough to finally finish this incontinent madman off.
Well, we can but hope.
Though it will only be a matter of time before Obama then proposes the WRB himself, to enable this God-King to claim all of the 'credit' for having saved the world with his 'visionary' outlook. He'd better do this quick, however, because when the paper dollar finally goes 'bang', the United States economy may be out-performed by Lithuania.