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Author Topic: A New Currency for the World by Joseph T. Salerno (mises.org)  (Read 1615 times)
hazek
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March 01, 2011, 12:04:13 PM
 #1

I invite you to listen to a pleasantly told lecture on economic dispositions of new a world currency:
http://mises.org/media/2602/A-New-Currency-for-the-World

BitCoin has almost all the t's crossed and almost all the i's dotted.

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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March 01, 2011, 02:36:35 PM
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Considering when the lecture was recorded, it'd entirely possible that Satoshi had already heard this before releasing Bitcoin.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
ribuck
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March 01, 2011, 03:30:52 PM
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Considering when the lecture was recorded, it'd entirely possible that Satoshi had already heard this before releasing Bitcoin.
Satoshi might have heard this before releasing Bitcoin, but not before designing Bitcoin. Here's a post where Satoshi says "The design and coding started in 2007".

He repeated the comment in this post:

Quote
Since 2007.  At some point I became convinced there was a way to do this without any trust required at all and couldn't resist to keep thinking about it.  Much more of the work was designing than coding.
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