The traitors at the The Council of Foreign Relations are set to release a book entitled Regional Monetary Integration. The book is written by Council on Foreign Relations member Peter B. Kenen and Ellen Meade an Associate Professor at American University. The book analyzes the prospects of regional monetary integration around the world and what it would mean for the United States.
Below is a synopsis of this soon to be released book direct from the Council on Foreign Relations.
This book surveys the prospects for regional monetary integration in various parts of the world. Beginning with a brief review of the theory of optimal currency areas, it goes on to examine the structure and functioning of the European Monetary Union, then turns to the prospects for monetary integration elsewhere in the world—North America, South America, and East Asia. Such cooperation may take the form of full-fledged monetary unions or looser forms of monetary cooperation. Regional Monetary Integration emphasizes the economic and institutional requirements for successful monetary integration, including the need for a single central bank in the case of a full-fledged monetary union and the corresponding need for multinational institutions to safeguard the bank’s independence and assure its accountability. The book concludes with a chapter on the implications of monetary integration for the United States and the U.S. dollar.
According to the synopsis, the authors endorse the concept of a regional central bank to control a regional monetary union. The authors see prospects for regional monetary integration in North America, South America and Asia. With this in mind, it is clear that these two authors support the concept of a North American Central Bank, a South American Central Bank and an Asian Central Bank to control monetary policy in those regions of the world.
This is not the first time that the Council on Foreign Relations has released material endorsing the idea of regional currencies. Benn Steil another member of the Council on Foreign Relations wrote an essay entitled The End Of National Currency which concluded that national currencies were incompatible with a global economy.
This book release from the CFR is more proof that this think tank seeks to undermine national sovereignty not just here in the United States but around the world.
Bill Clinton’s mentor, Carole Quigley was quoted as saying the following about the CFR.
“The CFR is the American Branch of a society which originated in England and believes national boundaries should be obliterated and one-world rule established.”
The power and influence of the CFR is much like a shadow government. Several of the 2008 Presidential candidates including the likes of Mitt Romney, John McCain, Fred Thompson, Chris Dodd, Bill Richardson, John Edwards and Hillary Clinton are either members or have close affiliations with this think tank. What are the odds that so many people running for President would be linked to this group? More proof of their influence can be seen with their Building a North American Community document which laid out much of what eventually became the Security and Prosperity Partnership the 2005 agreement with Canada and Mexico that George W. Bush went along with despite all sorts of Constitutional problems with him doing so.
This new book from the CFR should give us insight into how we will see the global elites attempt monetary integration in various regions of the world. The book is set to be released in November of 2007. If anything, the title of the book shows that these people care not about the American people’s wishes or the Constitution. They are hell bent on furthering the aims of globalism through the creation of regional institutions and eventually a one world government.
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