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Guest Post: False East/West Paradigm Hides The Rise Of Global Currency

Tyler Durden's picture




 

Submitted by Brandon Smith of Alt-Market blog,

Despite popular belief, very few things in our world are exactly what they seem. That which is painted as righteous is often evil. That which is painted as kind is often malicious. That which is painted as simple is often complex. That which is painted as complex often ends up being disturbingly two dimensional. Regardless, if a person is willing to look only at the immediate surface of a thing, he will never understand the content of the thing.

This fact is nowhere more evident than in the growing “tensions” between the elites of the West and the elites of the East over the crisis in Ukraine.

I am continually astonished at the refusal of many otherwise intelligent people to consider the evidence or even the possibility that there is, in reality, no fundamental political or philosophical conflict between the power brokers of the East and the West. As I outlined in great detail in Russia Is Dominated By Global Banks, Too, the truth is they are both working toward the same goal; and both ultimately benefit from an engineered and theatrical display of international brinksmanship.

Russia, like the United States, is utterly beholden to globalist financiers through organizations like the International Monetary Fund and the Bank for International Settlements. Russia’s global economic adviser in matters ranging from investment image to privatization is none other than Goldman Sachs.

Goldman Sachs has also worked closely with the Ukrainian government since 2011, and it started its advisory work with Ukraine for free. (Whenever Goldman Sachs does something for free, one should take special note.)  Banking elites have been working both sides of the fence during the Russia versus Ukraine charade.

Russia has continued to borrow billions of dollars from Western banks, including Deutsche Bank and Credit Suisse, year after year, proving that they are not averse in the slightest to working closely with "evil Western robber barons".

Russian President Vladimir Putin meets with Mr. New-World-Order himself, Henry Kissinger, on a regular basis; and according to Putin’s press secretary, they are “old friends.” Putin’s meetings with Kissinger began almost immediately after he first took power in 2000.

Putin’s relationship with Kissinger has been so pronounced that the Russian Foreign Ministry gave Kissinger an honorary doctorate in diplomacy, and Putin placed Kissinger at the head of a bilateral “working group” — along with former KGB head and multilateralist (globalist) Gen. Yevgeny Primakov — dealing with foreign policy.

In more recent news, I would also remind pro-Putin cheerleaders that Putin and the Kremlin first pushed for the IMF to take control of the Ukrainian economy, and the IMF is now demanding that Ukraine fight Russia in exchange for financial support. This might seem like irony to more foolhardy observers; but to those who are aware of the false East/West paradigm, it is all the part of a greater plan for consolidation of power.

Clearly, Putin and Russia are just two more puppet pieces on the globalist chessboard, pitted against other puppets in the West in a grand theater designed to distract and divide the masses through chaos. As Kissinger points out, in crisis there is opportunity.

What is the goal? They’ve already told us, openly, on numerous occasions.

The first great prizes of the New World Order are a global currency and centralized economic control.  The elites are not satisfied with quiet dominance of individual economies.  They want complete political homogenization and the end of all sovereignty.  Period.  With a global currency in place, the steps towards global government become quick and small.

Heads of state from around the world, including Putin, as well as international bankers and IMF representatives have all publicly called for the IMF to take charge of the global economic system through its Special Drawing Rights currency program.

However, for the SDR to become a dominant currency, certain issues must be resolved. Here’s a short list.

The U.S. Dollar Must Fall

The dollar must lose its world reserve status, and most likely collapse in relative value, before the SDR can be elevated. This is where mainstream pundits lose track of the facts. For them, the dollar is an invincible monetary element, a currency product as infinite as time. Their normalcy bias prevents them from ever acknowledging the many weaknesses of the Federal Reserve note, including our country’s inability to ever service its more than $200 trillion debt. Others believe the dollar is the NWO currency, and that the globalists are somehow U.S.-centric. The evidence posted above suggests otherwise. Globalists have no loyalty to any nation or culture. Their only loyalty is to the progression of their own power. If sacrificing the dollar or the U.S. as a whole furthers that power, then they will have no problem cutting us loose like a rotting appendage.

A Liquidity Replacement Must Be Introduced

As my regular readers know, I have been covering China’s progression toward a decoupling from the U.S. economy for years. China, in my view, has always been the key to the elitist shift into a truly global currency mechanism. The primary argument in the mainstream against the idea of a dollar collapse is that there is no other currency with ample liquidity to take the dollar’s place. Well, in the past couple of years, this has changed.

China and the banks it controls have issued approximately $25 trillion in debt instruments and monetization. This is often referred to as a “debt bubble” created through panic and a weakness in China’s economy and a response to slowed quantitative easing in the United States.  I would take a slightly different position.  China began issuing Yuan denominated debt instruments in 2005, years before the mainstream had any inkling of the impending derivatives collapse.  From then up to today, there has been no practical purpose for China to produce these Yuan denominated equities and securities, unless their target has always been to expand the Yuan market in a covert way.

I would say that China’s monetization has been carefully and deliberately engineered in order to lay the foundation for a massive liquidity spike in the Yuan. The argument that China’s incredible debt generation is a sign of impending collapse may be misguided. U.S. debt, including unfunded liabilities, absolutely dwarfs China’s $25 trillion. China's Yuan debt has barely had time to accrue concrete interest.  The U.S., on the other hand, is caught in an endless cycle of interest payments that are slowly but surely eating away the skeleton of our fiscal structure.  If any economy is on the verge of implosion, it is that of the United States, not of China.

The Chinese need exponential Yuan circulation. They do not want the Yuan to replace the dollar; instead, they are preparing it for induction into the IMF’s Special Drawing Rights basket.  With China set to become the world largest economy this year according to World Bank, their inclusion is assured.

But, when might this occur?

The IMF holds an international conference and policy meeting on the SDR every five years. During these meetings, the IMF decides if it will absorb a new currency into the basket and if it will expand the creation or circulation of SDRs around the world. Interestingly, the next IMF conference on the SDR just happens to be scheduled for the end of 2014 to the beginning of 2015.

Another strange coincidence: The U.S. Congress was supposed to vote on legislation for further capital allocations to the IMF by April. The vote never came. The new allocations were to fund an expansion of IMF programs and help with the greater inclusion of BRIC nations in governing decisions. If the U.S. government does not pass this legislation, Russia and other nations have demanded that the IMF move forward without the United States on reforms. At the very least, the U.S. would lose its veto power over IMF decisions. I believe that the timing of this is deliberate, that the U.S. is meant to lose its veto power and that the simultaneous SDR conference will announce the inclusion of the Chinese Yuan, setting the stage for the replacement of the dollar as world reserve.

The SDR will not immediately be issued as a commonly traded currency itself. Rather, the IMF will take over management of included currencies and denominate those currencies using SDR valuations. For example, $1 U.S. is worth only .64 SDR today. In the near future, I expect that the dollar will plummet in relation to the SDR’s value. We will still have our greenbacks when the IMF begins administrating our currency system, but the international and domestic worth of those greenbacks will fall to pennies. In turn, other currencies with stronger economic positions will rise in worth relative to the SDR.

I believe one of the primary determinations in a currency’s value compared to the SDR will be a country’s stockpile of gold. This is why Russia and China in particular have been purchasing precious metals at an unheard-of rate (and why U.S. gold reserves have never been audited). The IMF itself is one of the world’s largest holders of physical gold, with nearly 3,000 metric tons (officially). With the crash of the dollar system and investors clamoring for a reliable hedge to protect whatever savings they have left, gold could conceivably skyrocket into the $5,000 to $10,000 per-ounce range. Governments holding the metal will be favorably placed during an implementation of the SDR as the new reserve standard.

A Cover Event Must Be Created

The centralization of power is best achieved during moments of bewildering calamity. The conjuring of crises is one of the oldest methods of elitist dominance. Not only can they confuse and frighten the masses into malleability, but they can also ride to the public’s rescue as heroes and saviors later on. The Hegelian dialectic is the mainstay of tyrants.

The destruction of the dollar and the institution of a global economic bureaucracy are not actions that can be executed openly by international financiers. These events will coincide with extreme catastrophe, likely worse than the Great Depression era, with millions upon millions of people losing the ability to financially support themselves and their families. Crime, death and public discontent will surely follow. People will be looking for someone to blame. This is where the false East/West paradigm comes in.

It is widely expected that as sanctions snowball between Russia and the U.S. that the dollar will end up on the chopping block.  China has asserted its support for Russia in opposition to NATO interference in Ukraine.  The stage has been set.  I have warned for quite some time that the development of East/West tensions would be used as a cover for a collapse of the dollar system. I have warned that among the American media this collapse would be blamed on an Eastern dump of foreign exchange reserves and treasuries, resulting in a global domino-effect ending U.S. world reserve status. In turn, the international community would be conditioned to see this as the mere bumbling of a spoiled America gone power-mad, rather than the result of a covert program of economic destabilization. This might lead to all-out war or a fiscal firestorm that leaves much of the world crippled and desperate for aid.

In either case, the elitist plan is to use scapegoats and false enemies to draw our attention away from the real culprits: the international banks themselves. Make no mistake: This fight is not about President Barack Obama, it is not about Putin and it is not even about the Federal Reserve. These men are tools, errand boys, public mascots. Do not be fooled by the global stage play being perpetrated. Whatever happens in Ukraine and whatever happens between Russia, China and the West, there are only two real sides to this battle: the elitist establishment, and those who are smart enough to recognize their poison.

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Wed, 05/07/2014 - 19:42 | 4737821 fonestar
fonestar's picture

BITCOIN!

Wed, 05/07/2014 - 19:43 | 4737825 StacksOnStacks
StacksOnStacks's picture

Gold to 30k, Silver to 3k

Wed, 05/07/2014 - 19:49 | 4737852 Squid-puppets a...
Squid-puppets a-go-go's picture

and Kissinger to his long overdue demise

Wed, 05/07/2014 - 19:51 | 4737859 Cacete de Ouro
Cacete de Ouro's picture

When Kissinger demises, I'll open an old bottle of champagne.

Wed, 05/07/2014 - 19:55 | 4737863 Arius
Arius's picture

the $20 premium on gold price, for the possibility of wkraine war is off ... back to where we started ... 

 

Armstrong observes this is a pause to higher prices ... no longer is he calling for another decline to 1200 or lower ... interesting to say the least

that pause might be off this weekend ... thats my take on this latest peace talk ... we got warS coming and lots of them .... the writing is on the wall

Wed, 05/07/2014 - 20:15 | 4737951 knukles
knukles's picture

You mean the Hegelian Dialectic is for real?
Jeepers, Batman!

Wed, 05/07/2014 - 20:26 | 4737979 Arius
Arius's picture

hegelian? not that good in philosophy ...

 

On the article, read it again, I think he got it all figured out, he might be right (funny talking about a big depression coming) ... except i dont agree with his last sentence; in my view the smart people who understand what is going on are smart enough to stay out of the way ...

Wed, 05/07/2014 - 20:54 | 4738077 Manthong
Wed, 05/07/2014 - 21:16 | 4738172 New Ordnance
New Ordnance's picture

Kissinger, Brezinski and David Rockefeller were founders of the Trilateral Commission in 1973.

Under Nixon, Kissinger opened up China for trade agreements. We see how that  worked out.

Now, behind the Ukrainian Kabuki, the  dying dinosaurs have laid their eggs in the Kremlin hoping they will hatch.

 Omelets anyone?

Wed, 05/07/2014 - 21:31 | 4738224 SMG
SMG's picture

So I guess the life extention tech of our olgiarchs is in full view.    Still mankinds heart cries out for freedom.  Will we claim it ?  We shall see.....

Wed, 05/07/2014 - 22:43 | 4738435 Manthong
Manthong's picture

Um.. gee, if anybody bothers to check out the link from my earlier post they will note that the SDR is already in use,

http://www.thenewamerican.com/economy/item/18207-imf-bailout-for-ukraine-and-a-new-world-currency

..this is a big freaking deal.

Thu, 05/08/2014 - 00:28 | 4738690 Rock On Roger
Rock On Roger's picture

Stack On

Wed, 05/07/2014 - 21:33 | 4738231 New Ordnance
New Ordnance's picture

Just waiting for the tune of the "Hegelian Dialectic" so the dance can start.

 

“Having your independent source of food allows you to step outside the boundaries of “the game” and stop dancing to the tune of the Hegelian Dialectic. You need enough stores and caches to survive the initial die-off and the means to grow your own food afterwards. Have a bug-out plan B with multiple caches of H20 purification equipment, food, guns and ammunition, and seed. Step outside the game itself by having the means to start over.”

http://rockymountaincorn.com/blogs/the-rocky-mountain-corn-project/12209753-the-secret-weapon

 

Wed, 05/07/2014 - 22:59 | 4738490 Zirpedge
Zirpedge's picture

"Having an independent food source..."

That's why I am asking the Detroit legislature to support my Urban Aquaculture Initiative. Give away free homes to small farmer to transform the inner city to sustainable farms.

Oh and this  the East / West shit is worse than Rep / Dem nonsense. US is colluding with Russia to destroy the EU, perhaps out of such a break up a new sytem will emerge but not a single one.

Wed, 05/07/2014 - 23:55 | 4738628 New Ordnance
New Ordnance's picture

This is where it gets sweet and cozy.

"Putin’s relationship with Kissinger has been so pronounced that the Russian Foreign Ministry gave Kissinger an honorary doctorate in diplomacy, and Putin placed Kissinger at the head of a bilateral “working group” — along with former KGB head and multilateralist (globalist) Gen. Yevgeny Primakov — dealing with foreign policy."

Primakov and Marcus Wolf (Head of the East German STASI) were hired by DHS in the aftermath of 9/11 to help design the security systems that we now enjoy in our police state. LOL.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x1050064

 

Verstehen?

 

Thu, 05/08/2014 - 03:07 | 4738838 ebear
ebear's picture

"the Russian Foreign Ministry gave Kissinger an honorary doctorate in diplomacy"

These guys have a sense of humor, don't they?

Thu, 05/08/2014 - 01:39 | 4738769 El Vaquero
El Vaquero's picture

If people are planning on learning how to grow and produce their own food AFTER SHTF, a lot of them are going to die.  You want to have food stores?  See how much of it you can produce yourself.  Don't count on there being an internet to look up the old ways of growing and preserving food.  Get out there and do it yourself. 

Thu, 05/08/2014 - 01:14 | 4738742 putaipan
putaipan's picture

and i been postin' this one for two days now ....  (oops. sorry cut and paste linky finally gone)

it was a link from blaclistednews suggesting the imf loans to ukraine were in sdr's. ukraine forced to borrow 'em and thereby moscow essentially having to agree to accept them.

sdr's beayatchhhez! (instead of metals or digitals why can't i just stack me some sdr's now?)

Thu, 05/08/2014 - 01:31 | 4738762 old naughty
old naughty's picture

wait, did they not buy gold "ahead" of paying Gazprom?

Who  sold them the gold I wonder (or pehaps one should ask, will Russia demand physical)?

 

Wed, 05/07/2014 - 21:26 | 4738207 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

Sorry guys but analog Bitcoin (gold) has been hopelessly financialized. They can send the dollar price anywhere they want, anytime they want. Sure sure the "endgame" is approaching etc etc, stand for delivery etc etc. We've heard that so many times before it's not funny.

Thu, 05/08/2014 - 01:08 | 4738735 bankerbackbacon
bankerbackbacon's picture

Its about time the major finance houses lent some money to NATO and Russia/China for the purpose of making a fortune when they fight, just like the previous major wars. Again it will be mostly Christians who die on the battlefield, but this time Jew's and Muslims will also get involved. Real or not, Pike's 3rd World War is lining up nicely. Christians are the enemy of the Cabalistic, Humanistic Bankers etc.

Are you a God or do you need to get right with God?

They will have to kill me to get my son to die for Lucifer and his idiot nutjobs amusement.

Cockroaches the whole lot of the Mason, Libertarian/Communist ass clowns.

Fuck their Cabala and Hegel, throw Plato in there for good measure.

Wed, 05/07/2014 - 19:55 | 4737877 McMolotov
McMolotov's picture

Age is no obstacle to Kissinger, who is already undead and sleeps in a coffin.

Wed, 05/07/2014 - 20:04 | 4737908 Arius
Arius's picture

kissenger is an interesting character, but it shows that in this country everything is possible, Kissinger Republican born in germany still one of most influential in foreign policy,Obama, Democrat various background becomes even higher President ... i think people have to focus on this positive examples when they are down, and become optimistic about this country once again ... never bet against america!

Wed, 05/07/2014 - 20:21 | 4737972 LetThemEatRand
LetThemEatRand's picture

Lest we forget, the big O worked for Kissinger.   Two evil peas in a death pod.   You advance to greatness in this country if you join the dark side.  Yes there are exceptions, but they don't pull the levers.

Wed, 05/07/2014 - 20:27 | 4737988 Arius
Arius's picture

i did not know that ... timothy geithner yes

Wed, 05/07/2014 - 20:35 | 4738013 LetThemEatRand
LetThemEatRand's picture

It goes even deeper.  "Henry Kissinger, the pioneer of Cold War detente during the Nixon era, has made a return to frontline politics after President Barack Obama reportedly sent him to Moscow to win backing from Vladimir Putin's government for a nuclear disarmament initiative."

 http://www.telegraph.co.uk/news/worldnews/barackobama/4530042/Cold-warri...

Wed, 05/07/2014 - 21:11 | 4738153 Lost Word
Lost Word's picture

Why is there no outrage among ZH readers about the statement above that

Kissinger and Putin are good friends?

 

The implication being that Putin is deep into the NWO.

 

Suddenly Putin in Ukraine looks like a set up for the false Left-Right antagonism

when both sides are controlled by the top of the pyramid.

Thu, 05/08/2014 - 00:41 | 4738705 palmereldritch
palmereldritch's picture

But on the bright side Boris is definitely not NWO, not left or right ...just a copper imbalance I think

Wed, 05/07/2014 - 20:40 | 4738035 DaddyO
DaddyO's picture

LTER, a link to the Big O working for HK please.

I searched and found this, but it's inconclusive and only links HK to BHO via John Haley and Hugh Parker.

However, the assertion is made that HK is BHO's envoy to Putin.

http://www.davidicke.com/forum/showthread.php?t=116419.

DaddyO

Wed, 05/07/2014 - 20:56 | 4738074 LetThemEatRand
LetThemEatRand's picture

There is no definitive link.  Obama worked for BIC, which at the time was run by the former deputy chairman of Kissinger Associates.  Like Obama's time in Columbia, this period of his life is well hidden.  http://www.nytimes.com/2007/10/30/us/politics/30obama.html?pagewanted=al...

The fact that Obama would reach out to Kissinger after taking office and put him in a powerful role says what I need to know in terms of filling in the holes.

Wed, 05/07/2014 - 21:09 | 4738146 DaddyO
DaddyO's picture

The whole relationship shows just how much of a Manchurian candidate BHO really is, although the brainwashing is questionable, BHO is in full grasp of his demented mind.

The NWO runs way deeper than most will ever know.

DaddyO

Wed, 05/07/2014 - 23:03 | 4738502 Rakshas
Rakshas's picture

You got that right, digging around a bit from the early 60's to modern day you keep seeing the same names come up over and over.......

 

From the desk of Wayne Madsen........

http://www.thesecrettruth.com/obama.htm

Wed, 05/07/2014 - 23:22 | 4738559 Lost Word
Lost Word's picture

There was a story recently that Obama was born in Kenya,

but US citizen Ann Dunham was not his real mother,

Obama born to some other white woman in Kenya,

perhaps a British woman.

Wed, 05/07/2014 - 23:44 | 4738606 Rakshas
Rakshas's picture

..... A little more from WMR via Voltairenet....

Part I

http://www.voltairenet.org/article166741.html

Part II

http://www.thesecrettruth.com/obama.htm

and from out where the busses don't run..... but i like the picture of the wookie.....

http://universalfreepress.com/girl-named-stanley-barry-sad-story/

 

 

Thu, 05/08/2014 - 01:14 | 4738741 palmereldritch
palmereldritch's picture

Fun fact on that war criminal indicted by Christopher Hitchens known as Henry Kissinger:

Every U.S. national security adviser since Henry Kissinger has either worked with or for Kissinger - or he or she has worked with or for someone who worked with or for Kissinger.

http://www.thirdworldtraveler.com/Ruling_Elites/Superclass.html  *

*As excerpted from this handy compilation of excerpts located here:

 http://howtheworldreallyworks.info/

From the website:

The world does not work the way we have been led to believe - by our mainstream media, by our politicians, by our corporations, by our financial institutions, by our military, by our schools. We are bombarded daily with so much misinformation, disinformation, propaganda, half-truths, and outright lies, that it takes a persistent individual to sort through the fog of information to find the truth.

The excerpted books on this website may help you destroy the myths, discover the truth, and educate yourself about how the world really works.

 

"During the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines... these banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency. They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will."  Carroll Quigley in his book "Tragedy and Hope"
Thu, 05/08/2014 - 02:57 | 4738833 matrix2012
matrix2012's picture

By the same author in VT, Obama’s Pedigree

 

More about the 1965-1966 coup and genocide, in one of the largest unknown mass killings of the 20th century, an estimated 500,000 to 1,000,000 people were secretly and systematically killed during that two-year clean-up. Read it  here.
Thu, 05/08/2014 - 03:13 | 4738841 ebear
ebear's picture

"Two evil peas in a death pod.   You advance to greatness in this country if you join the dark side."

I find your lack of faith.... disturbing.

Wed, 05/07/2014 - 20:37 | 4738020 LeisureSmith
LeisureSmith's picture

That Kissinger is an influential man and that Obama got to be POTUS is reason to be optimistic about America?

You just blew my mind... short-circuited, or whatever.

Wed, 05/07/2014 - 20:45 | 4738050 Arius
Arius's picture

sorry to have blown your mind ... i meant it in the sense that everyone can make it, doesnt matter where he comes from, his ethnicity, religion etc.etc....

Wed, 05/07/2014 - 22:43 | 4738437 Bollixed
Bollixed's picture

Ah yes, the pitfalls of Bogarting...

Thu, 05/08/2014 - 05:36 | 4738934 August
August's picture

... never bet against america!

Truly an exceptional place.  Only in Amurica could a poor little black boy like Michael Jackson grow up into... whatever.

Wed, 05/07/2014 - 20:04 | 4737903 RaceToTheBottom
RaceToTheBottom's picture

Kissinger is a Greenspam clone.  Or maybe the other way around.

Have you ever seen them in the same room?

They should both shuffle in front of fast moving buses.

Wed, 05/07/2014 - 21:25 | 4738202 Creeps
Creeps's picture

Kissinger is a joke, he can't talk without drooling on himself.

Wed, 05/07/2014 - 21:47 | 4738259 acetinker
acetinker's picture

Seems like Kissinger and Brzezsinski were old fucks since Nixon.  How long do these reptiles live?

Wed, 05/07/2014 - 23:45 | 4738609 Chuck Walla
Chuck Walla's picture

Jakob Schiff wrote the manual on this, I think.

FORWARD KONZENTRATIONSLAGER!

Wed, 05/07/2014 - 23:45 | 4738610 Chuck Walla
Chuck Walla's picture

Jakob Schiff wrote the manual on this, I think.

FORWARD KONZENTRATIONSLAGER!

Wed, 05/07/2014 - 19:51 | 4737860 spine001
spine001's picture

Non sensical article!

Wed, 05/07/2014 - 20:00 | 4737893 Redneck Hippy
Redneck Hippy's picture

Conspiracy theory on steroids.  Banksters are WMD.

Wed, 05/07/2014 - 20:43 | 4738045 agent default
agent default's picture

Given a choice between stupidity and conspiracy, bet on stupidity. 

I am sure the highly nationalist Russians and the even more nationalist Chinese would trade in their sovereignty in exchange for some nebulous SDR based one world currency.  The basis of articles like this is the delusion that the East cannot do without the (insolvent) West, because the West is just so damn important for some reason.  So there has to be an all encompassing plan, global in scope, so that the West maintains some degree of relevance, because you know, the USD buys Treasuries that yield moar USDs to buy Treasuries with.

How about the East decides that they can trade their products and natural resources using their own currencies and tell the US and EU to take their funny money and go to hell.  And if they want to buy something, they better come up with something not made out of thin air. 

Wed, 05/07/2014 - 21:16 | 4738162 Lost Word
Lost Word's picture

Yes and No,

it is conspiracy taking power from stupidity.

Do NOT follow this link or you will be banned from the site!