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Global Carbon Currency Ponzi Scheme: A New Beginning for Technocracy

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« on: July 10, 2010, 12:37:44 pm »

Technocracy and the New World Order: Part 1
http://www.jbs.org/jbs-news-feed/5906-technocracy-resurgent-for-the-new-world-order-prospects-for-carbon-currency
Written by Steven Yates   
Thursday, 28 January 2010 15:00

Carbon Currency or global Currency and the New World OrderThe idea of a global currency has been kicking around for several years now, most visibly in last year’s G20 meeting in Pittsburgh — a clear sign that the march toward world government, also known as the “new world order,” is very much on track. A new investigation suggests that the global currency won’t be just another euro — a globalized fiat money. Instead, it will be based on carbon, and this will bring it into alignment with a variety of concerns, including fossil fuels depletion (also known as "peak oil") and anthropogenic climate change (ACC), as well as the belief among the new world orderlies that populations need to be monitored and controlled.

Patrick Wood — one-time collaborator with ace investigator Antony Sutton and founder of The August Review — is best known as one of the foremost authorities on the Trilateral Commission. He has here assembled circumstantial evidence that the global elite could soon begin considering a carbon currency as a live option: as, in his words, “the ultimate solution to global calls for poverty reduction, population control, environmental control, global warming, energy allocation and blanket distribution of economic wealth.” To think in these terms would be to revive technocracy, which Wikipedia defines as “a system of government where those who have knowledge, expertise or skills compose the governing body.”

What would result is an economic system based on energy allotments instead of price measured in terms of fiat currencies. The latter are slowly collapsing all over the world as individuals, corporations, and governments all drown in seas of debt accrued from living beyond their means. In other words, in the scenario Wood envisions, the global elite would move to eliminate money, understood as fiat money decoupled from backing by a commodity such as gold, and replace it with a system of carbon credits that would be allocated to every person, possibly monthly.

This would mean “authoritarian and centralized control over all aspects of life, from cradle to grave.” Each individual would receive a unique identifier at birth, possibly in the form of an RFID-embedded identification card. The global ID would follow him or her through life and record the specifics of the person’s schooling, test results, work history, physical location including travel history if any, consumption patterns, health and medical history, and so on. It could not be stolen, since the individual ID would be designed to work only for the person it is assigned to. The global ID could also be implanted under one’s skin. An implant would have the advantage that the person could never lose or misplace it.

Here is Wood’s speculation on how the system might work. “In a nutshell, carbon currency will be based on the regular allocation of available energy to the people of the world. If not used within a period of time, the Currency will expire (like monthly minutes on your cell phone plan) so that the same people can receive a new allocation based on new energy production quotas for the next period.” In other words, there would no point in saving, as with cash. At the end of the cycle, any unused credits would immediately lose their purchasing power.

Wood continues, “Because the energy supply chain is already dominated by the global elite, setting energy production quotas will limit the amount of Carbon Currency in circulation at any one time. It will also naturally limit manufacturing, food production and people movement."

“Local currencies could remain in play for a time, but they would eventually wither and be fully replaced by the Carbon Currency, much the same way that the Euro displaced individual European currencies over a period of time.”

One can guarantee that there would be intense pressure to embrace carbon currency. This could include economic coercion, e.g., trade restrictions, citizen travel restrictions, etc. Those refusing to use the new currency, either here or abroad, would eventually find themselves unable to obtain food, fuel, or shelter legally. The price tag of noncompliance would be immobilization and impoverishment.
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