Tolkien’s Rings of Power embody evil ideas. The nineteen rings represent the idea that the ring bearers should have power over others and rule over them. And the One Ring, to which all other rings are subject, embodies an even darker idea, namely that the bearer of this master ring has power over all other ring bearers and those ruled by them; that he is the sole and absolute ruler of all. The nineteen rings symbolize the idea of establishing and maintaining a state (as we know it today), namely a state understood as a territorial, coercive monopoly with the ultimate power of decision-making over all conflicts. However, the One Ring of power stands for the particularly evil idea of creating a state of states, a world government, a world state; and the creation of a single world fiat currency controlled by the states would pave the way toward this outcome.

A presentation by Thorsten Polleit, recorded at the Property and Freedom Society in Bodrum, Turkey, 16 – 21 September 2021. The article can be found here (“A Global Fiat Currency: "One Ring to Rule Them All"”): https://mises.org/mises-wire/global-fiat-currency-one-ring-rule-them-all.

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“Des Teufels Geld”, www.amazon.de/Teufels-Geld-faustische-Fiatgeld-Pakt-zur%C3%BCckkehren/dp/3959727437

“The Global Currency Plot”, https://mises.org/library/global-currency-plot

“So act that your principle of action might safely be made a law for the whole world.”

| Immanuel Kant (1724–1804)