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TECHNOCRACY, CARBON CURRENCY AND SMART GRIDS CARBON TECHNOCRACY, CURRENCY SMART GRIDS AND An economic system based on energy production and consumption instead of price and a global electrical network using interconnected smart technologies may fulfil Technocracy’s ideological plan to exert centralised control over the world’s population. Part 1: Carbon Currency—A New Beginning for Technocracy? ritics who think that the US dollar will be replaced by some new global currency are perhaps thinking too small. On the world horizon looms a new global currency that could replace all paper currencies and the economic system upon which they are based. The new currency, simply called Carbon Currency, is designed to support a revolutionary new economic system based on energy (production and consumption) instead of price. Our current price-based economic system and its related currencies that have supported capitalism, socialism, fascism and communism is being herded to the slaughterhouse in order to make way for a new carbon-based world. It is plainly evident that the world is labouring under a dying system of price-based economics as evidenced by the rapid decline of paper currencies. The era of fiat (irredeemable paper currency) was introduced in 1971 when US President Richard Nixon decoupled the US dollar from gold. Because the dollar-turned-fiat was the world's primary reserve asset, all other currencies eventually followed suit, leaving us today with a global sea of paper that is increasingly undesired, unstable, unusable. The deathly economic state of today's world is a direct reflection of the sum of its sick and dying currencies, but this could soon change. Forces are already at work to position a new Carbon Currency as the ultimate solution to global calls for poverty reduction, population control, environmental control, global warming, energy allocation and blanket distribution of economic wealth. Unfortunately for individual people living in this new system, it will also require authoritarian and centralised control over all aspects of life, from cradle to grave. What is Carbon Currency and how will it 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 cellphone plan) so that the same people can receive a new allocation based on new energy production quotas for the next period. 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, in much the same way that the euro displaced individual European currencies over a period of time. Sounds very modern in concept, doesn't it? In fact, these ideas date back to the 1930s when hundreds of thousands of US citizens were embracing a new political ideology called Technocracy and the promise it held for a better life. by Patrick M. Wood © 2010-2011 Editor The August Review PO Box 186 Brush Prairie, WA 98606, USA Website: http://www.augustreview.com by Patrick M. Wood © 2010-2011 Editor The August Review PO Box 186 Brush Prairie, WA 98606, USA Website: NEXUS 25 http://www.augustreview.com AUGUST - SEPTEMBER 2011 www.nexusmagazine.com