It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
As the Canadian Association for the Club of Rome recently stated, “The issue of peak oil impinges directly on the climate change question.”
Global currency replacing all paper currencies, limiting manufacturing, food production and people movement
Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small. On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based. The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production, and consumption), instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, is being herded to the slaughterhouse in order to make way for a new carbon-based world. It is plainly evident that the world is laboring under a dying system of price-based economics as evidenced by the rapid decline of paper currencies. The era of fiat (irredeemable paper currency) was introduced in 1971 when President Richard Nixon decoupled the U.S. dollar from gold. Because the dollar-turned-fiat was the world’s primary reserve asset, all other currencies eventually followed suit, leaving us today with a global sea of paper that is increasingly undesired, unstable, unusable.
In 1933, Hubbert and Howard Scott formed an organization called Technocracy, Inc. Technocracy is derived from the Greek words “techne” meaning skill and “kratos”, meaning rule. Thus, it is government by skilled engineers, scientists and technicians as opposed to elected officials. It was opposed to all other forms of government, including communism, socialism and fascism, all of which function with a price-based economy. As founders of the organization and political movement called Technocracy, Inc., Hubbert and Scott also co-authored Technocracy Study Course in 1934. This book serves as the “bible” of Technocracy and is the root document to which most all modern technocratic thinking can be traced.
“For those keen to slow global warming, the most effective actions are in the creation of strong national carbon currencies… For scholars and policymakers, the key task is to mine history for guides that are more useful. Global warming is considered an environmental issue, but its best solutions are not to be found in the canon of environmental law. Carbon’s ubiquity in the world economy demands that cost be a consideration in any regime to limit emissions. Indeed, emissions trading has been anointed king because it is the most responsive to cost. And since trading emissions for carbon is more akin to trading currency than eliminating a pollutant, policymakers should be looking at trade and finance with an eye to how carbon markets should be governed. We must anticipate the policy challenges that will arise as this bottom-up system emerges, including the governance of seams between each of the nascent trading systems, liability rules for bogus permits, and judicial cooperation.
What is the basis of Technocracy?
1. The first is that there exists on the North American Continent a physical potential in resources to produce a high standard of goods and services for all citizens, and that the high-speed technology for converting these resources to use-forms in sufficient volume is already installed, and that the skilled personnel for operating it are present and available. Yet we have unprecedented insecurity, extensive poverty and rampant crime.
2. The second conclusion of Technocracy is that our current economic and political model, (called the Price System) can no longer function adequately as a method of production and distribution of goods. The invention of power machinery has made it possible to produce a plethora of goods with a relatively small amount of human labor. As machines displace men and women, however, purchasing power is destroyed, for if people cannot work for wages and salaries, they cannot buy goods. We find ourselves, then, in this paradoxical situation: the more we produce, the less we are able to consume.
3. The final basic conclusion is that a new distributive system must be instituted that is designed to satisfy the special needs of an environment of technological adequacy, and that this system must not in any way be associated with the extent of an individual's functional contribution to society.
France's Sarkozy Calls For Overhaul Of Global Currency System Wednesday, January 27, 2010 - 13:35
Donning his radical reformist cap for a keynote address to the World Economic Forum, Sarkozy returned to themes that have become familiar since the outbreak of the crisis: the need for tougher banking regulation, limits on speculation and bonuses and a level playing field in the global market place. "Exchange rate volatility and the undervaluation of certain currencies militates against fair trade and honest competition," he charged, decrying the persistence of "a single benchmark currency" in a multi-polar world. "We need a new Bretton Woods" system, he declared, pledging to place the "reform of the international monetary system" on the agenda of the G8 and the G20 when France assumes their presidency next year. Sarkozy also warned against an "abrupt" unwinding of monetary and fiscal stimulus measures before the economic recovery is solidly in place.
"In a report titled "The First Global Revolution" (1991) published by the Club of Rome, a globalist think tank, we find the following statement: "In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill.... All these dangers are caused by human intervention... The real enemy, then, is humanity itself." "Richard Haass, the current president of the Council on Foreign Relations, stated in his article "State sovereignty must be altered in globalized era," that a system of world government must be created and sovereignty eliminated in order to fight global warming, as well as terrorism. "Moreover, states must be prepared to cede some sovereignty to world bodies if the international system is to function," says Haass. "Globalization thus implies that sovereignty is not only becoming weaker in reality, but that it needs to become weaker. States would be wise to weaken sovereignty in order to protect themselves..."