Critics who think that the U.S. dollar will be replaced by some new global currency are perhaps thinking too small. On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based. The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production, and consumption), instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism, is being herded to the slaughterhouse in order to make way for a new carbon-based world. It is plainly evident that the world is laboring under a dying system of price-based economics as evidenced by the rapid decline of paper currencies. The era of fiat (irredeemable paper currency) was introduced in 1971 when President Richard Nixon decoupled the U.S. dollar from gold. Because the dollar-turned-fiat was the world's primary reserve asset, all other currencies eventually followed suit, leaving us today with a global sea of paper that is increasingly undesired, unstable, unusable. The deathly economic state of today's world is a direct reflection of the sum of its sick and dying currencies, but this could soon change. – The August Review (Carbon Currency: A New Beginning for Technocracy?)
Dominant Social Theme: Green is good.
Free-Market Analysis: We tend to analyze articles that appear in the mainstream press but regular readers know that the Bell will make an exception from time to time. And in this case, we have. The paper we have alluded to, (above, excerpted) seems to reveal details about the power elite's REAL agenda as regards global warming and carbon trading. While some of the information alluded to in the article has come out already in serial reports, we think the way the August Review has pulled it together and synthesized the information may be seen as both original and important.
In fact, the mind-blowing report that the Review is presenting today on its website (for the first time anywhere) sounds credible to us, understanding as we think we do, the memes of the power elite and the reason for their promotion. Click here to read Carbon Currency: A New Beginning for Technocracy?
We are not surprised by the quality, generally, of the Review's publications. The August Review is a "global elite research center." The tone of its analysis is often scholarly and its articles – while frank – seem to place a priority on research over opinion. Here's more on the August Review from the site itself:
The August Review is an exclusive Internet-based publication of the editor, Patrick M. Wood, and focuses on the Trilateral Commission, its members and activities. The research "juggernaut" that was created by Wood and Antony Sutton to study the Trilateral Commission has been enhanced using various professional sources now available on the Internet. This editor is committed to performing original and innovative research, as opposed to re-hashing second hand or opinionated writings of other news services or commentators. The August Review also monitors the press for news stories relating to members, policies and meetings of the Trilateral Commission.
The emphasis on making carbon an environmental bogeyman makes sense within a context of power elite promotions. The elite creates fear-based dominant social themes to frighten people into giving up wealth and power to authoritarian solutions that have also not-so-coincidentally been created by the elite. Regulate carbon and you basically have a way to monitor and control people's entire lifestyles, or certainly the part that involves the use of oil, gas, etc. That water vapor is responsible for trapping the majority of greenhouse gases doesn't enter into the equation – because the environmental movement in its later stages is not about reacting to environmental problems but about creating more power and wealth for the handful of families and individuals that create these promotions.
Here's some more from the new August Review white paper:
The modern system of carbon credits was an invention of the Kyoto Protocol and started to gain momentum in 2002 with the establishment of the first domestic economy-wide trading scheme in the U.K. After becoming international law in 2005, the trading market is now predicted to reach $3 trillion by 2020 or earlier.
Graciela Chichilnisky, director of the Columbia Consortium for Risk Management and a designer of the carbon credit text of the Kyoto Protocol, states that the carbon market "is therefore all about cash and trading – but it is also a way to a profitable and greener future." (See Who Needs a Carbon Market?)
Who are the "traders" that provide the open door to all this profit? Currently leading the pack are JPMorgan Chase, Goldman Sachs and Morgan Stanley. …
Whoever controls the currency also controls the economy and the political structure that goes with it … Technocracy and energy-based accounting are not idle or theoretical issues. If the global elite intends for Carbon Currency to supplant national currencies, then the world economic and political systems will also be fundamentally changed forever.
Considering the sheer force of global banking giants behind carbon trading, it's no wonder analysts are already predicting that the carbon market will soon dwarf all other commodities trading.
The August Review is a foremost authority on the Trilateral Commission. Here at the Bell we certainly believe that such private groups are damaging to free-enterprise because they inevitably seek to involve government power and to use the force of law for private ends. Such a system is called mercantilism and it is a true curse of modern Western societies.
It is the Bell's contention that the mercantilist destruction wrought by the power elite's dominant social themes has possibly met its match in the 21st century thanks to the Internet. It is the longtime contention of the editors of the Bell (for nearly a decade now in various publishing incarnations) that the Internet has been undermining the entire promotional program of the power elite and that the elite's memes would meet increased resistance as the Internet's influence grew. In fact, we believe this is taking place.
We have utilized the impact of the Gutenberg press on society as a historical reference point when making the case that the power elite will have to take "a step back" as it did before when confronted with the unique challenges of a major communications revolution. In fact, we are not impressed with arguments that because US military agency DARPA invented what became the Internet, the power elite expected and anticipated what the Internet has become. In fact, it was the invention of the floppy disc and personal computer that created the phenomenon of the Internet, and this was the result of private enterprise and could not have been easily anticipated.
The August Review's presentation of "Carbon Currency: A New Beginning for Technocracy?" may be seen, from the above perspective, as a further example of how the Internet is causing headaches for the power elite and its banking and financial instrumentalities. Once a concept is understood and transmitted throughout the Internet, plenty of readers take advantage of the information and elaborate on it in their own way. This will happen, we are confident with the revelations contained in "Carbon Currency: A New Beginning for Technocracy?" (It could thus mark an "end" rather than a new beginning, or certainly slow the momentum.)
Power elite promotions rely on secrecy and a sense of inevitability. But in the case of global warming, the promotion has been greatly damaged. It was the Internet that made possible the exposure of the reprehensible emails that showed a conspiracy to defraud as regard the impacts (and even the existence) of global warming. It was the Internet that provided people with a way to organize against environmental fascism. And now it is the Internet, in our opinion, that is exposing the further scheming that lies at the HEART of the power elite's promotional efforts as regards this horrid dominant social theme.
We are aware of the growing argument among certain observers of the alternative press that the exposure of power elite themes must be part of a larger plan. But if so, why didn't the same phenomenon occur in the 20th century when power elite promotions were at their peak and most powerful? The answer of course is the Internet. Every power elite meme from the war on terror, to global warming and central banking is under powerful attack these days. We can't imagine that this is a desirable outcome from the point of view of those involved with their implementation.
It may be that the power elite will begin "exposing" its own promotions in order to gain some advantage from Internet revelations. But we have difficulty believing that such an exercise will pay sufficient dividends to make up for the current destruction of its dominant social themes, which likely have to be rebuilt from the ground up – once the Internet is tamed (and when will that be?).
As a final aside, we are gratified that in this white paper, the August Review also deals with the fraud of peak oil. We are entirely unsurprised that Technocrat M. King Hubbert and his economically illiterate energy concepts manage to slither into the middle of the story that the August Review has to tell. The idea that the market itself would not (and somehow could not) respond to peak oil with new stores of energy is yet another power elite promotion. (Meme: Only government authorities, including the UN, can properly plan energy replacements!)
The August Review's presentation of the apparent planning and purpose behind the carbon scam is yet a further proof of the power of the Internet in our opinion. Between the emails revealing the conspiracy and the more recent revelations of phony research and false numbers (and the Review's seemingly accurate revelations as to where all this is really headed) we think the global warming meme is under extreme duress. Sure, it may stagger along – that's one of the hallmarks of a power elite promotion (it won't die no matter how many holes are shot into it) – but it's very hard to promote a theme or meme that has been discredited. And boy is it being discredited.