Is the CIA Responsible for Creating the EU?

The new conspiracy theory running around claims that the European Union was a CIA project. This serious misconception misses the entire point. It is very true that the idea of the EU was supported by the United States since World War II. However, the U. S. supported the idea of the EU as a trade union that could support NATO during the Cold War. However, the idea of federalizing Europe came, not from the United States, but from France. It was de Gaulle who blocked Britain from joining the EU because he wanted France to dominate Europe. It was de Gaulle who broke Bretton Woods by buying up dollars and redeeming them for gold to make France the economic power of Europe. Britain was only allowed to join the EU upon de Gaulle’s death.

This post was published at Armstrong Economics on Jan 31, 2017.