Aggravating the ruin and friction produced by such synchronized "free trade" is the policy of free floating currencies which serve to sabotage stability and provide endless profit and "shock therapy" extortion opportunities for mega-financial interests. Bretton Woods is dead.
All such fascist trade policies leave no room for true trade freedom, for necessary protectionism, for necessary methods and tariff freedoms to balance exports and imports, for free choices of what to import and for how long given a lack of offsetting policy options.
What we really need today are countercyclical trade freedoms which restore tariff powers necessary to induce greater domestic balance and freedom, assure a stable currency value regime, and encourage a less polluted world.
"We" employ counter-cyclical monetary policy to smooth out business cycles, so why not counter-cyclical trade policy? Indeed. The reason is that the current trade policy regime is simply corporate, top-down, fascism set up to allow the biggest concerns to enter and control markets around the world. In practice, it is simply the lastest version of hoary British imperialism writ large... and we fell for it despite our history and the American Revolution which was fought for the very reason to escape the British system of private central banks and ruinous free trade.
Worse yet, the current "free" regime is completely undemocratic as the people do not elect their trade representative, nor do they have any recourse or right to appeal trade decision by those three guys in Belgium whom we do not know, do not see in capital's media, and do not elect.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
