Back in 1968 a British Commie also understood gold price suppression’s imperial purpose
By: Chris Powell, Secretary/Treasurer, GATA
GoldSeek.com
Sunday, 8 March 2015
Dear Friend of GATA and Gold:
Our friend D.H., who last week called attention to a magazine article written in 1968 by a former Chase Manhattan Bank economist, Michael Hudson, amid the collapse of the London Gold Pool, showing how control of the gold price was the primary mechanism of imperialism —
http://www.gata.org/node/15147
— has located another magazine article from that time, an article possibly of even more interest because of its direct connection to international political rivalry.
The second article was published in the April 1968 edition of The Labour Monthly, the de-facto organ of the Communist Party of Great Britain, and written by the monthly’s editor, the international Communist agent Rajani Palme Dutt:
http://en.wikipedia.org/wiki/Rajani_Palme_Dutt
Dutt recognized what the central banks and foreign offices of the Western powers themselves recognized, though the latter certainly didn’t want to acknowledge it in public, only in private, as, for example here:
The Rest…HERE
