"I think it got under way with Keating ?? floating the dollar which was one of Labors early moves to a centralized world government"
The New World Order (NWO) is a term used in several conspiracy theories which hypothesize a secretly emerging totalitarian world government.[3][4][5][6][7] The common theme in conspiracy theories about a New World Order is that a secretive power elite with a globalist agenda is conspiring to eventually rule the world through an authoritarian one-world government—which will replace sovereign nation-states—and an all-encompassing propaganda whose ideology hails the establishment of the New World Order as the culmination of history's progress. Many influential historical and contemporary figures have therefore been alleged to be part of a cabal that operates through many front organizations to orchestrate significant political and financial events, [Paul Keaten operating through the labour movement] ranging from causing systemic crises to pushing through controversial policies, at both national and international levels, as steps in an ongoing plot to achieve world domination.[3][4][5][6][7]Before the early 1990s, New World Order conspiracism was limited to two American countercultures, primarily the militantly anti-government right, and secondarily the part of fundamentalist Christianity concerned with the eschatological end-time emergence of the Antichrist"
"Introduction
The classical macroeconomic trilemma holds an open capital account, fixed exchange rate, and independent monetary policy as three options that are impossible to pick at the same time. When a country allows free capital flows from abroad, it must either let the exchange rate float or lose control over the interest rates..."
Of course, if we peg our currency to the US dollar then what is good for America as to be good for us, so they will be the ones to set our interest rates.
