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General

Globalgood Corporation advocates return to Asset-Backed Monetary System

Edem Kojo By Edem Kojo Published March 17, 2025
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Globalgood Corporation USA has called on Ghana and the global community to transition from the “failed debt-based fiat currency system” to an asset-backed monetary system. The organization, which champions economic sovereignty, argues that the world’s debt crisis demands urgent action to restore financial stability and independence.

Speaking at a press briefing in Accra, H.E. Rev. Franck Boh, an ambassador for Globalgood Corporation, emphasized the urgent need for economic restructuring. “As we can tell, the entire world is in a terrible debt crisis, from the west to the east, north to the south, and no nation is free from this quagmire,” he stated. “An economic hardship is upon every nation with seemingly no way out, but Globalgood Corporation is here with the good news every nation on earth will love to hear.”

Rev. Boh, a minister and advocate for economic sovereignty, grounded his argument in biblical principles. Quoting Proverbs 22:7, he said, “A borrower is a slave to the lender,” stressing that nations buried in debt lack true sovereignty. He pointed to global financial institutions such as the International Monetary Fund (IMF), World Bank, and major economic players like China and the European Union, stating that they impose rules that primarily serve their own interests.

Ghana’s Role as a “Black Star Nation”

Rev. Boh praised Ghana’s historical role in Africa’s political and economic liberation, citing national icons such as Yaa Asantewaa, Jacob Wilson Sey, Dr. Kwame Nkrumah, and Kofi Annan as examples of Ghana’s leadership on the global stage.

“History has judged Ghana right with human assets who have changed the course of the world,” he said. “Today, I am here to tell you that another Black Star has emerged to outshine the economic gloom of our world, paving the way to economic freedom and independence.”

A Call for a Monetary Reset

Rev. Boh recounted his recent tour, which included visits to the African Union Commission Summit and the African Business Forum in Addis Ababa, as well as engagements in Côte d’Ivoire. His message to African leaders is clear: “A new era is dawning, and Globalgood Corporation is the gateway.”

Referencing the Akan proverb “Sankofa, y3nkyi,” which means “It is not a taboo to go back for what was left behind,” he urged African nations to return to an asset-backed economic system reminiscent of the pre-1971 era before U.S. President Richard Nixon ended the gold standard.

“The Chairman of Globalgood Corporation always tells us, ‘A wrong direction can never lead you to your destiny no matter how hard you try.’ That’s exactly what the failed economic system is doing to every nation,” Rev. Boh declared.

Urgency for Economic Sovereignty

The Globalgood ambassador stressed that the time for economic restructuring is now, stating that “delaying this good news is at our own peril.” He also cited Ghana’s first president, Kwame Nkrumah, who proclaimed at independence, “Ghana, our beloved country, is free forever, and a Black man is capable of managing his own affairs.”

Rev. Boh concluded with a passionate appeal for collective action: “I’m urging each one of you to join us at Globalgood as we spread the good news of our economic independence everywhere on our social media platforms. We shall all be freed to live in a dignified world we’ve dreamed of, even here in our homeland.”

About Globalgood Corporation

Globalgood Corporation is a U.S.-based nonprofit advocating for a transition to an asset-backed monetary system. The organization’s mission is to promote economic sovereignty for nations currently reliant on debt-based financial structures.

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