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Dear Wall Street Journal: You don't have to be a Nazi to question central banking

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Tuesday, 18 October 2016 | Print  | Disqus 

Editor, The Wall Street Journal
1211 Avenue of the Americas
New York, N.Y. 10036

Dear Editor:

Before your Bret Stephens again casually attributes anti-Semitism to complaints about central banking, as he did in his October 18 commentary, "The Plot Against America" --

http://www.wsj.com/articles/the-plot-against-america-1476745874

-- he should try attending the monthly meetings of the Federal Open Market Committee and the Bank for International Settlements, where unelected officials gather secretly to determine what money is worth, to allocate huge amounts of it to favored institutions but not to others, and to plot surreptitious intervention in markets, thereby determining the value of all capital, labor, goods, and services in the world.

The Wall Street Journal itself seems to accept this most undemocratic wielding of immense power as the natural order of things.

But just as the old advertising slogan for rye bread noted that "you don't have to be Jewish to love Levy's," you don't have to be a Nazi to question central banking. Theoretically, at least, you could even be a journalist, if not at The Wall Street Journal.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
7 Villa Louisa Road
Manchester, Connecticut 06043-7541
USA
CPowell@GATA.org

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.h...

Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://tinyurl.com/zr4tjuc

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16


| Digg This Article
 -- Published: Tuesday, 18 October 2016 | E-Mail  | Print  | Source: GoldSeek.com

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