I hadn’t noticed it before, but on March 22, Bloomberg reported that, Libyan Rebel Council Forms Oil Company to Replace Qaddafi’s.
Well, we’ve grown to expect things like that. The more interesting development reported in the article was this:
The Council also said it “designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”
Amazing! Grab the oil and grab control of the money machine.
For some interesting commentary on these developments read this article: America’s true reason for attacking Libya becomes clear with new central bank, , and this article: Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya.
Read the original article on Beyond Money.
|Thomas Greco is the author of The End of Money and the Future of Civilization.|