http://www.canadafreepress.com/index.php/article/19380
Introduction
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.
Forces are already at work to position a new Carbon Currency as the ultimate solution to global calls for poverty reduction, population control, environmental control, global warming, energy allocation and blanket distribution of economic wealth.
Unfortunately for individual people living in this new system, it will also require authoritarian and centralized control over all aspects of life, from cradle to grave.
Anyone got any links to critiques of this system? Anyone care to write one?
What is the value of production and consumption, in other words, this energy or carbon currency? Also another way to write this is: What is the price (cost) of production and consumption, in other words, this energy or carbon currency?
The government wishes to create an abundant substance into a scarce resource by decree? Say it ain’t so [:P]
This sounds like an 8th grade science project.
wilderness:
What is the value of production and consumption, in other words, this energy or carbon currency? Also another way to write this is: What is the price (cost) of production and consumption, in other words, this energy or carbon currency?
I don’t know what you’re asking.
Sorry. I was being rhetorical towards the article, not you. The article states it wants to rid prices. Yet it doesn’t explain how the value (price) of energy/carbon currency will come about, but it can’t explain that because its stated purpose is to rid that/prices. As stated here in the article:
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.