22. The Ray of Hope: Free Market for Money and Private Law Society
To reverse the trend and reduce the role of government in our lives … is a giant educational task.
– HANS F. SENNHOLZ
That was fast! While Lael Brainard has been on the Federal Reserve Board since 2014, she’s only held the position of Vice Chair since last May. Her Valentine’s Day resignation was quite surprising.
Most people would be unfamiliar with her. Only those who take interest in the Fed’s affairs could recognize her, and even those people, like myself, would be hard pressed to narrow down her significant accomplishments.
Luckily Fed Chair Jerome Powell shared some of her contributions:
21. Technological Disruption: CryptoCurrencies
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.116
– NASSIM TALEB
20. The Dystopia: A Single World Fiat Currency
When governments fear the people, there is liberty. When the people fear the government, there is tyranny.
– THOMAS JEFFERSON
19. Proposals for a World Currency: Bancor, Unitas, US Dollar, INTOR, Libra
To get the full benefits of the monetary union, countries might want to have a currency reform that would make the national franc, or lira, or peso equivalent to one INTOR.
– ROBERT MUNDELL
16. Dollar Imperialism: The Bretton Woods System
One of the factors that contributes to the great confidence in the United States dollar which exists the world over … is undoubtedly our large gold holdings. …
[I]nternational agreement is not a substitute for gold.
– HARRY DEXTER WHITE
17. Campaign against Currency Choice: The Euro
Europe will be made through a currency, or it will not be made.93
– JACQUES RUEFF
18. The Secret and Sinister Power: The World Central Bank Cartel
It is no coincidence that the century of total war coincided with the century of central banking.
– RON PAUL
15. The Illusion of Democracy: The “Iron Law of Oligarchy”
The danger is obvious that the social revolution would change the tangible and visible ruling class of today, openly recognized as such, into a secret demagogic oligarchy operating under the guise of equality.
– ROBERT MICHELS
