///
앞서 나름의 코멘트들을 기록했으므로
이하 인용문의 핵심 주제를 담은 문장을
붉은색으로 언드라인 마킹하여 표시하였다.
(* 추가) 그러나 미국은 국가적인 카르마를 먼저 소화해야만 한다고... (감사합니다..)
아울러 미국은 금을 보유하고 있지 않으며, IMF 가 거론되고 있는데 마찬가지이다.
그들은 이미 오래 전 파산상태로 흘러 왔으며, WB 도 마찬가지이다.
서방사회의 NWO 금융 마피아들에게는 금이 없다..
따라서 미국이 자신들의 달러를 금 본위로 돌려 놓기 위해서는 외부의 힘을 필요로 한다.
그러나 미국이 그러한 자격을 지니고 있는가 ?
(번역 생략)
FLASHBACK –
President Trump: Replace The Dollar With Gold As The Global Currency To Make America
Great Again
By Timothy L. O'Brien with comments by Ron
Apr 4, 2018 - 4:43:35 AM
President Trump: “Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing.”
“We used to have a very, very solid country because it was based on a gold standard, but we don’t have the gold. Other places have the gold.”
“Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”
——————————————————-
FORBES – 25FEB17 – Inside President Trump’s otherwise “standard Trump stump speech” at CPAC was nestled what might be a most intriguing observation:
Global cooperation, dealing with other countries, getting along with other countries is good, it’s very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I’m representing.
There’s a keen insight in there that could, just maybe, transform our lives, America, and the world. No “global currency?” Was this, with the poetic observation that “there is no such thing as a global anthem…or a global flag,” just a trope? Or could it contain a political portent with potential high impact on world financial markets? Let’s drill down.
As it happens, there is a global currency.
It’s called the “U.S. dollar.”
Most international trade is priced in dollars. The Bretton Woods international monetary system invested the dollar, which then was defined as and (internationally) was legally convertible to gold at $35/oz, with global currency status. France’s then-finance minister, later its president, Valéry Giscard d’Estaing, called the “reserve currency” status of the dollar — its status, along with gold, as global currency — an “exorbitant privilege.”
By this d’Estaing was alluding to the fact, as summarized at Wikipedia, that “As American economist Barry Eichengreen summarized: ‘It costs only a few cents for the Bureau of Engraving and Printing to produce a $100 bill, but other countries had to pony up $100 of actual goods in order to obtain one.'” That privilege, which made great sense during the period immediately after World War II, became a curse.
In 1971 President Nixon, under the influence of his Svengali-like Treasury Secretary John Connally, “suspend[ed] temporarily the convertibility of the dollar into gold.” That closure proved durable instead of temporary. The dollar became, and remains, the world’s global currency.
What had been an “exorbitant privilege” devolved into an exorbitant liability. As my former professional colleague John D. Mueller, of the Ethics and Public Policy Center, formerly Rep. Jack Kemp’s chief economist, writing in the Wall Street Journal in Trump’s Real Trade Problem Is Money recently and astutely observed:
a monetary system based on a reserve currency is unsustainable, since foreign official dollar reserves (for example) are acquired and must be repaid in goods. In other words, the increase in official dollar reserves equals the net exports of the rest of the world, which means it must also equal U.S. international payments deficits—an unsustainable situation.
In other words, if President Trump wishes to address America’s merchandise trade deficit (balanced to perfection, of course, by a capital accounts surplus) he will find that allowing the dollar to be used as the global currency is the real snake in the economic woodpile. The dollar’s burden as the international reserve currency, not currency manipulation by our trading partners or bad treaties, is the true villain in the ongoing melodrama of crummy job creation.
Mueller’s Wall Street Journal column enumerates the three options open to President Trump:
First, muddle along under the current “dollar standard,” a position supported by resigned foreigners and some nostalgic Americans—among them Bryan Riley and William Wilson at the Heritage Foundation, and James Pethokoukis at the American Enterprise Institute.
Second, turn the International Monetary Fund into a world central bank issuing paper (e.g., special drawing rights) reserves—as proposed in 1943 by Keynes, since the 1960s by Robert A. Mundell, and in 2009 by Zhou Xiaochuan, governor of the People’s Bank of China. Drawbacks: This kind of standard is highly political and the allocation of special drawing rights essentially arbitrary, since the IMF produces no goods.
Third, adopt a modernized international gold standard, as proposed in the 1960s by Rueff and in 1984 by his protégé Lewis E. Lehrman …and then-Rep. Jack Kemp.
To “muddle along” would, of course, be entirely antithetical to Trump’s promise to Make America Great Again. It would destroy his crucial commitment to get the economy growing at 3%+ — vastly faster than it has for the past 17 years — which also happens to be the recipe for robust job creation and upward income mobility for workers. It also is the essential ingredient for balancing the federal budget while rebuilding our infrastructure and military.
To turn the IMF into a world central bank would, of course, be anathema to Trump’s economic nationalism. To subordinate the dollar to the IMF’s SDR would be equivalent to lowering Old Glory and replacing the American flag with the flag of the United Nations on every flagpole in America. Unthinkable under a Trump administration.
That leaves the third option, to “adopt a modernized international gold standard, as proposed in the 1960s by Rueff and in 1984 by his protégé Lewis E. Lehrman … and then-Rep. Jack Kemp” (whose eponymous foundation I advise). To this one should add, as Forbes.com contributor Nathan Lewis has shrewdly observed, the removal of tax and regulatory barriers to the use of gold as currency.
As I have repeatedly observed Donald Trump shows a strong affinity for gold. He has also shown a keen intuitive grasp of how the gold standard was crucial to having made America great:
Donald Trump: “We used to have a very, very solid country because it was based on a gold standard,” he toldWMUR television in New Hampshire in March last year. But he said it would be tough to bring it back because “we don’t have the gold. Other places have the gold.”
Trump’s comment to GQ: “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”
Trump has been misled to believe that “we don’t have the gold. Other places have the gold.” In fact, the United States, Germany, and the IMF together have about as much gold as the rest of the world combined and America has well more than Germany and the IMF combined. [Note: This column has been updated to clarify that the United States has well more gold than Germany and the IMF combined but not, as originally stated, more than twice as much.]
We have the gold. Bringing back the gold standard would not be very hard to do.
[Ron: The US doesn't HAVE the gold. Nor does the IMF. Since 1945 the US has stolen enormous amounts of gold from the Collateral Accounts controlled by the International Treasury Controller who will seek to recover all of that stolen gold from the US in due course.].
SOURCE
https://theuglytruth.wordpress.com/2018/04/03/flashback-president-trump-replace-the-dollar-with-gold-as-the-global-currency-to-make-america-great-again/#more-186514
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#1 by stevegmorminogmailcom on 04/03/2018 - 9:34
We need to print our own money, backed by the people’s work nothing else. No burden attached to any money used for domestic spending. Use commodities for trade.
#2 by Gary on 04/03/2018 - 9:34
Does anyone,including President Trump know if there’s actually any gold left in Ft.Knox? What was it that left the country on that secret flight out of Atlanta during the power outage? Inquiring minds want to know.