Great article.

What an unholy alliance of every kind of rapacious criminality. The whole scam, in a nutshell, is basically a collusion of governments on the one hand against their subject peoples on the other.

The Bretton Woods agreement carries into the international arena the logic of Keynes' philosophy of a) inflation as a magic pudding (b) government 'management' of the economy and (c) re-distribution of property by force (taxation) or fraud (monetary policy) as being a legitimate activity of government.

The article opines: “It is time to pull out of the White plan and start again with a new world economic system that allows countries to take responsibility for their own affairs and that does not tie the world to the USA.”

This is only part right. It is time to demolish this arrangement and start again with a new world economic system that does not tie the world to the USA.

But if subsidiary countries are not to be bound to be ripped off by a hegemonic bond, why should countries be able to impose a hegemonic bond on subsidiary regions, and so on down to the level of the individual? All the wealth that is up for grabs is taken from individual human beings.

To think the solution is to ‘re-design’ a ‘system’ of yet more governmental protection rackets, and legalized scams is to carry forward the essence of the problem.

The root of the whole problem is the ethic of forcible and fraudulent re-distribution, not the specific hegemony of the USA rather than of some other government. Stopping the USA from hoovering the wealth of other countries up its snout, and replacing it with national governments hoovering everyone’s wealth up their respective snouts, is no improvement.

These ‘economic management’ structures contribute no net benefit to mankind’s economic activities. Ultimately, all they do is transfer wealth from A (producer) to B (parasite). They don’t create wealth. That is the big illusion, the big scam.

The world economic system would be better and fairer if these institutions and all central banks were abolished and replaced with nothing