Is the CIA Trying To Smear the Gold Standard?

What better way to mute demands for a return to sound money and the gold standard, than by making them equivalent to jihadist terrorism? Why, there are none, which is why some were thoroughly amused to see that yesterday the Islamic State’s so called media center, the al Hayat, released a video whose production qualities are nothing short of Hollywood (or San Fernando valley at worst), in which the latest and greatest “jihadist terrorist group” that was a byproduct of US intervention in the Middle East, announces it is preparing to take on the Fed itself with, drumroll, “the return of the gold dinar.”

As Bloomberg reminds us, the Islamic State’s Shura Council last year tasked its Beit al Mal, or treasury, with minting the coins, which come in several denominations made of gold, silver and copper.

The coins may not be there, but instead ISIS released a 55-minute propaganda video with the latest in straight to YouTube special effects, in which the ISIS voiceover actor says, in perfect English, “as history repeated itself, one of the great forms of corruption that the earth came to witness was the dark rise of bank notes, borne out of the satanic conception of banks, which mutated into a fraudulent system of enslavement orchestrated by the Federal Reserve in America – a private corporation and system that would, through the use of deceit and force, deprive people of their due, by imposing upon them the usage of the piece of paper that came to be known as the dollar bill.”Actually no, they won’t: as Bloomberg also notes, “since Islamic State is classified as a terrorist group, the coins can’t be traded legally.” But the point of the propaganda video is not to promote ISIS coinage, which will never exist;  the point – as the nuanced, C-grade made in Hollywood propaganda goes, is to pitch an anti-Fed, anti-fractional reserve, pro-gold standard ideology, and make it equivalent to the evil terrorist thoughts spread by the Islamic Jihadist group.

And just like that, Austrian Economics has been reduced to a terrorist ideology, and anyone harboring the same “evil” misconceptions as those spread by the “Islamic State’s” media propaganda outlet have become an enemy of the US state.

So how to avoid becoming accidental drone fodder? Why by renouncing all evil, terrorist thoughts of a “satanic conception of banks” and a “capitalist financial system of enslavement, underpinned by a piece of paper called the Federal Reserve note.” In fact, just swear on any given Keynesian Economics 101 textbook and you should be ok.

And just remember: BTFD, and have faith in the Fed, and you won’t be suspected of harboring pro-ISIS thoughts!

The video that was “made by ISIS” and which is really just a 55 minutes crash course in Austrian Economics – which is now apparently equivalent to terrorism – can be seen below, at least until the website administrator removes it because it is too evil, and anyone caught watching its evil anti-Fed message deserves to be droned.

The Rise of the Khilafah and the Return of the… by golddinar

Reprinted with permission from Zero Hedge.