Forget the Euro

by Lew Rockwell
Lew Rockwell Blog
May. 15, 2010

Paul Volcker, former chairman of the Fed, long-time associate of the Rockefeller family, advisor to Obama, and head of J. Rothschild, Wolfensohn & Co., tells students at the London School of Economics that the future of the Euro is in doubt. That means it is probably dead. Volcker, who epitomizes the Wall Street establishment, helped plan the Euro through his work on David Rockefeller’s Trilateral Commission. He was, by the way, the last decent Fed chairman, actually shrinking the money supply and ending the almost-runaway inflation of the 1970s. The Wall Street establishment was obviously a less crazy-Keynesian bunch in those days to appoint him. Today they want the printing press running 24/7, and get it. Notice, by the way, that Volcker says that he now understands that a successful European currency needs a strong central government. The stated purpose of the Trilateral Commission was to create a world government by first unifying Europe, and then combining it with the US and Japan. These days, they’d need Brazil, Russia, India, and China--the so-called BRIC countries--for their paper-money US of Earth.