"The Money of the Future"

United Transnational Republics

A Lecture in Munich, Dec. 15, 2005

While the US-dollar is very well suited to promote US national
interests, the creation of a transnational currency is indispensable in
order to protect transnational citizen interests (protection of the
environment, human rights ...).

After last weeks lecture in Münster, the United Transnational Republics
are invited to present this Thursday, December 15th, a lecture in Munich as
a part of the series of lectures "The money of the future".

CURRENCIES AS MEANS OF POWER

GOLD AS FOURTH POWER OF GLOBAL DEMOCRACY

Georg Zoche, Central Bank of the United Transnational Republics

Series of lectures "The money of the future"
at the Seidlvilla, 80802 Munich, Nikolaiplatz 1b (U3/6 Giselastr.)
Thursday, December 15th, 9:30 pm

Admission: 5,- Euro, 4,- Euro reduced or 10 Talents"Currencies are not only used as a unit of account, medium of exchange
and to accumulate assets but are also an important means of power.
Already, Aristotle considered the power to enforce the use of a currency
as a pre-requisite for an empire.

This function of power becomes especially clear in the example of the US
dollar: the economic and military expansion of the USA was only made
possible due to the role of the US dollar as global key currency. This
role of the US dollar as global key currency was constituted at the
Conference at Bretton Woods in 1944, when the so-called Gold-Dollar
Standard replaced the Gold Standard that had to be abandoned during the
war ­ the British counter-proposal by J.M. Keynes of the gold pegged,
"supranational" currency BANCOR could not prevail. This resulted in the
US becoming the centre of globalisation.