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{{Cquote|One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned.... Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a [[sovereign]] nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.<ref>Eric Encina,''[http://www.marketoracle.co.uk/Article27208.html Globalists Target 100% State Owned Central Bank of Libya,]'' Market Oracle.</ref>}}
 
{{Cquote|One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned.... Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a [[sovereign]] nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.<ref>Eric Encina,''[http://www.marketoracle.co.uk/Article27208.html Globalists Target 100% State Owned Central Bank of Libya,]'' Market Oracle.</ref>}}
 
Ellen Brown adds,
 
Ellen Brown adds,
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{{Cquote|Libya not only has oil. According to the IMF, its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS (Bank of International Settlements), the IMF and their rules.<ref>Ellen Brown, ''[http://readersupportednews.org/opinion2/289-134/5625-libya-all-about-oil-or-all-about-banking Libya: All About Oil, or All About Banking,]'' Reader Supported News, April 15, 2011.</ref>}}
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{{Cquote|Libya not only has oil. According to the [[IMF]], its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS (Bank of International Settlements), the IMF and their rules.<ref>Ellen Brown, ''[http://readersupportednews.org/opinion2/289-134/5625-libya-all-about-oil-or-all-about-banking Libya: All About Oil, or All About Banking,]'' Reader Supported News, April 15, 2011.</ref>}}
 
Gaddafi's proposal to introduce a gold dinar for Africa contravenes IMF rules and is designed to bypass them.
 
Gaddafi's proposal to introduce a gold dinar for Africa contravenes IMF rules and is designed to bypass them.
  
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