Tech­noc­racy and the IMF: New Global Mon­e­tary System?

Beware of a new tri­al bal­loon being float­ed by the Inter­na­tional Mon­e­tary Fund, that is, “The Chica­go Plan Revis­ited.” Accord­ing to British jour­nalist Ambrose Evans-Pritchard, The con­juring trick is to replace our sys­tem of pri­vate bank-cre­at­ed mon­ey — rough­ly 97pc of the mon­ey sup­ply — with state-cre­at­ed mon­ey. We return to the his­tor­ical norm, before Charles II placed con­trol […]