The High Priests
"The beast that was, and is not, is himself also an eighth,
and is of the seven; and he goes to destruction." 
The ruling elite - who are they? Are they puppets or puppeteers? Do they pull the strings, or are they the tools of others? Recently, the Bilderbergs meant in Chantilly, Virginia. For those who would like to know some of the history behind the group, see the article: The New World Order - Bilderbergs.
Those that meant in Chantilly were the high priests of globalization, the movement to establish one world government via the loss of national sovereignty. The European Union is a prototype of such supranational government, and the Euro is a test trial of a one world currency.
"When exercising the powers and carrying out the tasks and duties conferred upon them by this Treaty and the Statute..., neither the ECB nor a national central bank, nor any member of their decision-making bodies shall seek or take instructions from Community institutions or bodies, from any government of a Member State or from any other body. The Community institutions and bodies and the governments of the Member States undertake to respect this principle, and not to seek to influence the members of the decision-making bodies of the ECB or of the national central banks in the performance of their tasks." 
"Further, the member countries of the EU must make sure that their national laws, including the statutes of their central banks, are fully compatible with this and other provisions of the Maastricht Treaty." 
Attending the June 8th meeting in Virginia were numerous high powered "officials", some brazenly calling themselves public servants, as if they serve the people's interest and not their own. If it wasn't so sad, it would almost be comical - almost. The list of those attending can be seen here: http://www.americanfreepress.net/html/bilderberg_list_2008.html.
Although the meetings are dominated by the western elite, this does not mean that the eastern elite do not partake in setting the course of global policy - they do. Some of the wealthiest and most influential houses are of eastern descent and heritage; as are some of the largest transnational corporations under their control and influence.
The powerbrokers that got together at the Bilderberg conference are not the true ruling elite; they are bishops and rooks that do the bidding of their would-be masters of the universe. Only two attendees were members of the upper echelon of houses that dominate global wealth and power.
Paper money, as used today, is a scourge to mankind; however, it had its origins in China long before it came west. Also, paper money per se is not the only problem, it is the fact that it is debt; and that fractional reserves and legal tender laws make a most unholy alliance to carry out the bidding of their masters.
All currencies in the world are paper fiat - nothing but hollow promises: some are worse than others, but they are all losing purchasing power and headed toward self-destruction, if the present course is maintained. To think that the world of the elite is unraveling before their eyes is a mistake of the highest order.
It is true that a few eastern nations have a high savings rate, and that the United States savings rate is almost non-existent, however, it must be remembered that most eastern savings is in paper money or paper money substitutes, which means it can lose purchasing power overnight. Only gold and silver kept out of the system is a store of wealth or purchasing power.
Around the world the devastating results of paper fiat debt-money can be seen everywhere: the subprime debacle, mortgage problems, defaults and bankruptcies, and the derivative's nightmare that has yet to visit our shores - it is only a matter of time; and time is running out.
Is the world of the Bilderbergs threatened by the confluence of the above problems, or might they be intended to occur to serve a purpose - a pre-planned raison d'être? Perhaps the puppeteers want to see the U.S. dollar fall from grace, and implode or explode, dragging down the rest of paper fiat land with it.
There is no better time for collectivists to go collecting then during a depression, when entire industries can be scooped up for pennies on the dollar. True - the U.S. dollar could become worthless, however, the elite collectivists would still be in possession of most real estate and the largest hoards of money from different countries; and very large caches of gold and silver as well.
The power elite are not stupid, they are very smart. During the last great depression they made out like bandits. This time it is different, although you can always trust them to be them - and they are collectivists. For a more detailed account see: China's Nuclear Threat - the U.S. Dollar.
Remember, there are those that say whoever owns the gold makes the rules. There have been protocols and plans for decades, even centuries, to procure the world's supply of gold and silver. Is all that gold still in the vaults? Who has recently seen it and audited it? Who recently stopped setting the price of gold in London around the same time the gold ETF's came into being?
Capitalism & Banking
Banking and capitalism were both in effect long before the establishment of the Bank of England. The Bank of England was not even the first central bank. Banking goes back to Italy, and from there to Rome, back to Babylon and Egypt, and times before the days of the ancients.
The word bank has its etymological heritage going back to the word banc, which means table or bench, as the ancient bankers used to set up tables and benches upon which they performed as money changers and money lenders. For details see: http://www.honestmoneyreport.com/bookIntro.pdf.
From Xenophon we read about commerce and trade and money in the ancient world:
"At this point I propose to offer some remarks in proof of the attractions and advantages of Athens as a centre of commercial enterprise. In the first place, it will hardly be denied that we possess the finest and safest harbourage for shipping, where vessels of all sorts can come to moorings and be laid up in absolute security as far as stress of weather is concerned. But further than that, in most states the trader is under the necessity of lading his vessel with some merchandiseor other in exchange for his cargo, since the current coin has no circulation beyond the frontier. But at Athens he has a choice: he can either in return for his wares export a variety of goods, such as human beings seek after, or, if he does not desire to take goods in exchange for goods, he has simply to export silver, and he cannot have a more excellent freight to export, since wherever he likes to sell it he may look to realise a large percentage on his capital." 
Clearly, both capital and commerce were well known to the ancients, as was banking. Paper fiat debt-money is a dead man walking - of this there is no doubt; however, a system of gold can also be implemented improperly, by the use of legal tender laws, fractional reserves, and other dishonest gimmicks.
A system of honest money can only be had when we the people are honest and demand the same honesty from their elected representatives and the banking and business world as well.
Money is nothing more than a medium of exchange, money does not have intrinsic value, it has extrinsic value, the subjective value that man gives it; and this includes gold as well. When gold was money it was debased by various dishonest means. When Rome and Alexander tried to conquer the world - did they use paper money or gold to finance their wars? Who won the battle at Waterloo - Wellington or his gold?
Money has representative value; the true value is in the goods and services that money can be exchanged for. A funny thing happened on the way to the bank, however. Everything was fine as long as people realized and operated according to the principle that money only represents value - the value in other goods.
When man started to value money as having intrinsic value, instead of valuing the things that money buys, society took the wrong fork in the road and is now lost. In the beginning man and business were the masters of money, now money is the master of man and business, who have become slaves to money.
There is nothing wrong with credit or debt, if honest money is used, along with honest dealings and disclosure. Fractional reserves and legal tender laws are not needed for honest money - they actually hinder it. For complete details see the book Honest Money.
 The Bible - Revelations
 Regional Monetary Integration, by Peter B. Kenen and Ellen E. Meade
 Regional Monetary Integration, by Peter B. Kenen and Ellen E. Meade
 Xenophon - Ways and Means - beginning of part three
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