Lord Monckton: ‘The Texas Talent Will Replace the Dollar’

San Antonio Tea Party (republished from American Thinker 10/17/15) ^ | Republished from AmericanThinker.com October 17, 2015 | John Griffing

[Texas Fossil]

Christopher Monckton, 3rd Viscount Monckton of Brenchley, who advised Prime Minister Margaret Thatcher, wrote for the Yorkshire Post, was managing editor of the Telegraph Sunday Magazine, has lectured at faculty level on currency theory and is now a columnist for WND, has long given warnings that the over-borrowing governments of the West are on a course to bankruptcy, from which recovery will not be possible.Monckton has now come out with his personal plan to sideline the collapsing dollar and rescue western markets: a sound and fully asset-backed currency called the Texas Talent. Users of the Talent would trade in their dollars for electronic Talents backed by gold, silver, real-estate, and shares in blue-chip companies. Using the Talent will eliminate the risk of global runs on the dollar and protect foreign investments in the United States.

The Talent will bring all these benefits without stepping on the questionable legal authority of the Federal Reserve, for it is not, strictly speaking, a currency at all. It is “beyond currency.” It is a savings instrument that you can also use for buying goods and services.

Monckton is widely known as a foremost expert in currency matters, and has given numerous interviews on the subject. In a recent commentary, he wrote that dollar collapse is not a matter of “whether but when.”

More than two years ago, he told the publication WorldNetDaily (WND) that the financial collapse of the West was plausible based on its path at the time. He then adjusted the forecast from “plausible” and “likely” to “imminent.”

Specifically, he believes President Obama’s financial policies of unprecedented borrowing and spending, trillion-dollar deficits, and massive outlays for social engineering are an “existential threat.”

[Texas Fossil]

My previous post:

Found this, very interesting.

http://o.b5z.net/i/u/10152887/f/talent-welcome.pdf

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When I inspected the properties of the document here is what I found:

Author: Viscount Monckton of Brenchley
Created: Wed 25 Feb 2015 08:24:44 AM CST

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It appears to be the real deal. A document made by Monckton himself. Amazing. Imagine finding that on the web. And it is dated 25Feb15. He has been thinking about this a while.

[Vigilanteman]

I'm also told that much of the internet would remain intact even with a direct hit by an EMP weapon. Wasn't one of the reasons it was developed in the first place was to act as an emergency communications system just in case?

A bigger danger, of course, is just a general collapse in law and order from the feral gimmedat class.

[Tax-chick]

Longevity. Retiring is not the done thing in the Queen of England biz. Elizabeth revered her father and will do what he did: hold the throne until she dies.

[Texas Fossil]

There is no way to know for sure how widespread the damage from a high altitude EMP weapon would be.

So many things are CMOS today and are very subject to damage from voltage spikes.

Electronic devices are designed with priority for cheap assembly cost and cheap components. Nothing is repaired today. It is all board swapping and devise replacement. The only exception to that is some military devices, especially shipboard devices, where replacement may not always be available quickly.

[Moltke]

Abdication. They wouldn’t have a word for it if it didn’t happen. I bet that at her age she’d already done it if there were a worthy heir. Just my opinion, of course.