Various analysts have speculated that the Goal of the Federal Reserve is ruination of the US currency. The result might be to create an opportunity for international bankers to declare that the solution is a single, international currency issued, naturally by them.

Whoever issues fiat currency gets first use of it, before it has been debased by issuance of an irresponsible quantity. Fiat currencies have always, historically, been ruined by issuance of irresponsible quantities.

Congressman Ron Paul tells Sec of the Treasury Tim Geithner that the Congress wants to exercise more oversight over US participation in international financial arrangements.