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Guest Post: False East/West Paradigm Hides The Rise Of Global Currency
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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Whether by design or merely as a byproduct of globalization we have weaved a web of financial transactions that circle the globe. Over the last several years as money was printed by the central Banks it was not contained in the countries where in was printed. This money flowed across borders influencing and distorting markets and prices across the world.
Some people have been calling for a "world currency" for years. the saying "one should never let a good crisis go to waste" means a meltdown with high levels of fear would present a perfect opportunity to advance this agenda down the field. Remember many people with agendas have a lot to gain when a major shift in the currency markets takes place. More on this subject in the article below.
http://brucewilds.blogspot.com/2014/02/contagion-may-lead-to-new-world-c...
Thanks for the great news! I guess I am getting drunk tonight.
Google Joel Skousen. Very similar hypothesis. My bullshit detector does not tend to go off with him(though it does with the arrogant screaming guy who often interviews him).
PUTIN DEMAND's SDR's SAY's "FUCK THE USD"
http://www.imf.org/external/np/sec/pr/2014/pr14189.htm
Here is a press release from IMF, its just a few days old, here PUTIN tell's the IMF to give URKRAINE "MONEY", and pass it to him, now.
Then he tells' the IMF, ... I don't want no fucking US dollars.
Chinese are buying GOLD as quick as they can without causing GOLD to go up.
Whatever you say since you have followers
Stack On
My money is what makes your trade
so , no references to the last time a soveriegn currency was made 'reserve' ---uh bretton woods?
yea, it took a war to do that. is ww3 just 'cover'?
who ever wins gets the lions share of the basket ?
or do they just get their currency to be the winning one?
Assuming you are right and the world switches from dollar to SDR could the FED dump its inventory of currencies to push dollar to reserve status by tsunami of selling everything not dollar based?
isn't this been happening for some while? where else has the gold been coming from that east is buying up in bulk!? but this is for completely different reasons (not to save dollar) because people behind the fed are the same behind imf et al. central bankers have no affiliations even to their own money as it's just a mean to apply control and when it's not effective anymore, they will kill it.
You were correct we are broke and plan first thing this morning to sell our inventory of currencies to buy up all the dollars being used as reserves around the world. We must start liquidating our balance sheet of non dollar assets immediately
Well, the media gets props for mis-portraying this Ukraine standoff as a geographical conflict with implications of military advantage, and the sheeple have bought it hook, line and sinker. That is a lesser concern. It is first and foremost an ECONOMIC conflict. The basic economic geography was actually settled long ago. There’s no real disagreement anymore about the basic shape of the economic system but merely about how it’s operated and how the spoils are divided up. As for the writers idea that the end game is to destroy the us dollar, i think many politicians are out of the loop on that one.
Tis the season for monetary treason.
I believe the largest army on Earth is going to put it's collective foot down soon.
Friday, July 8th, 2011
"New World Currency will be presented to an incredulous world
The New One World Currency, which will be presented to an incredulous community, is designed to control you. Then once that happens they will try to deprive you of food. Unless My children accept this reality now they will be defenceless when they are under the control of a New World Order, led by masonic forces. Prepare now, My children, because although The Warning will convert millions, including those loyal to the One World Order, it will not be enough to stop these evil slaves of Satan and the antichrist. Without control of your money, you will find it hard to defend your right to property, food and health, the three things which they will be in charge of, if you do not start shouting your opposition now. Stop your leaders in their tracks. Don’t let them bully you. If enough of you are alert to this evil, monstrous plan, then you can warn others."
http://www.thewarningsecondcoming.com/eternal-father-will-prevent-new-wo...
putting aside the implementation and terms of condition issues, how is a "global" unified currency not a good idea?
this would simplify a lot of wasteful, non-value adding financial/treasury processes.
and, it's one less product the banks can profit from...
it is a good thing but it is about the way they will go about it. millions, maybe billions of people, will be directly physically affected this time. i say this time because that was the point of ww1 and 2. how is the dollar monopolizing 85% of world transactions(at its peak) not a global unified currency. it would have been virtually seamless to have just made the dollar the world currency. even now, with the euro, it would be easy relatively speaking. the yuan and the petroruble threw a wrench ion the plans.
Have you learned nothing? The issuers of that currency will control all. They can influence economic activity and thus control every country at their whim
Gold
Bitchez
Stack On
Sounds like a verbosely-veiled gold infomercial to me. zzzzz
he is right about the chain of events(war and a new reserve currency). he is right about western banks playing both sides of the coin.banks embody the adage that money is not patriotic. of course putin plays with the western banks. they need him to make money. he needs them for political leverage. the elephant in the room is china, ally of russia. the usa will not give up it's leadership of the new world order. russia and china want a shared, multipolar world with no one dominant player. china has repeatedly said it does not want the yuan to be the reserve currency. they want a basket of commodities(obviously led by gold). russia and china are doing the same thing the usa did to the ussr, bankrupting them by diminishing the the need for dollars forcing the usa to give up the lead position. only then can a real new world order be established. it is hardly a conspiracy of everyone with money. the zionist western banking world wants to rule the world. china and russia are suggesting a more equitable arrangement. it reminds me of the pacific war in the 40s. one of the issues was the division of the pacific region amongst the western powers and japan made in the twenties(?). it was decided that japan take a diminshed role, essentially the northern pacific, (there is nothing there except pearl harbor, korea and manchuria) while the usa, britain, france and the dutch split up the south pacific and southeast asia. that was the new world order of the day. japan didn't loike being treated as a second rate power in its own backyard. japan got pissed off and attacked pearl harbor when the west cut off japan's oil supply, a guaranteed part of the deal. today the usa has tried to treat russia and china as junior partners in the present new world order. the difference this time is the usa will initiate the world war upon provocation by russia and china because the usa is economically vulnerable. europe is caught in the middle again. the usa will play britain this time, so far in debt after the war that the empire will be sold off and the people will ration neccessities for a dozen years so the war debt can be paid back to the bankers. then the world will have to worry about how china and russia want run things. new world order, tower of babel.
RE: "designed to distract and divide the masses": It's been working for years. And will continue to do so as long as the Sheeple get their food stamps, TV, and porn.
PUTIN SAY's "WHAT GOLD?, USA ain't GOT no Gold", ... PARTNERS my ass, This is why USA hates PUTIN
http://www.eutimes.net/2011/05/russia-says-imf-chief-jailed-for-discover...
Putin by the Federal Security Service (FSB) says that former International Monetary Fund (IMF) Chief Dominique Strauss-Kahn was charged and jailed in the US for sex crimes on May 14th after his discovery that all of the gold held in the United States Bullion Depository located at Fort Knox was ‘missing and/or unaccounted’ for.
According to this FSB secret report, Strauss-Kahn had become “increasingly concerned” earlier this month after the United States began “stalling” its pledged delivery to the IMF of 191.3 tons of gold agreed to under the Second Amendment of the Articles of Agreement signed by the Executive Board in April 1978 that were to be sold to fund what are called Special Drawing Rights (SDRs) as an alternative to what are called reserve currencies.
This FSB report further states that upon Strauss-Kahn raising his concerns with American government officials close to President Obama he was ‘contacted’ by ‘rogue elements’ within the Central Intelligence Agency (CIA) who provided him ‘firm evidence’ that all of the gold reported to be held by the US ‘was gone’.
Upon Strauss-Kahn receiving the CIA evidence, this report continues, he made immediate arrangements to leave the US for Paris, but when contacted by agents working for France’s General Directorate for External Security (DGSE) that American authorities were seeking his capture he fled to New York City’s JFK airport following these agents directive not to take his cell-phone because US police could track his exact location.
74-years-old and a devout Muslim.
In an astounding move puzzling many in Moscow, Putin after reading this secret FSB report today ordered posted to the Kremlin’s official website a defense of Strauss-Khan becoming the first world leader to state that the former IMF chief was a victim of a US conspiracy. Putin further stated, “It’s hard for me to evaluate the hidden political motives but I cannot believe that it looks the way it was initially introduced. It doesn’t sit right in my head.”
Interesting to note about all of these events is that one of the United States top Congressman, and 2012 Presidential candidate, Ron Paul [photo bottom left] has long stated his belief that the US government has lied about its gold reserves held at Fort Knox. So concerned had Congressman Paul become about the US government and the Federal Reserve hiding the truth about American gold reserves he put forward a bill in late 2010 to force an audit of them, but which was subsequently defeated by Obama regime forces.
When directly asked by reporters if he believed there was no gold in Fort Knox or the Federal Reserve, Congressman Paul gave the incredible reply, “I think it is a possibility.”
Also interesting to note is that barely 3 days after the arrest of Strauss-Kahn, Congressman Paul made a new call for the US to sell its gold reserves by stating, “Given the high price it is now, and the tremendous debt problem we now have, by all means, sell at the peak.”
Bizarre reports emanating from the US for years, however, suggest there is no gold to sell, and as we can read as posted in 2009 on the ViewZone.Com news site:
“In October of 2009 the Chinese received a shipment of gold bars. Gold is regularly exchanges between countries to pay debts and to settle the so-called balance of trade. Most gold is exchanged and stored in vaults under the supervision of a special organization based in London, the London Bullion Market Association (or LBMA). When the shipment was received, the Chinese government asked that special tests be performed to guarantee the purity and weight of the gold bars. In this test, four small holed are drilled into the gold bars and the metal is then analyzed.
Officials were shocked to learn that the bars were fake. They contained cores of tungsten with only a outer coating of real gold. What’s more, these gold bars, containing serial numbers for tracking, originated in the US and had been stored in Fort Knox for years. There were reportedly between 5,600 to 5,700 bars, weighing 400 oz. each, in the shipment!”
To the final fate of Strauss-Kahn it is not in our knowing, but new reports coming from the United States show his determination not to go down without a fight as he has hired what is described as a ‘crack team’ of former CIA spies, private investigators and media advisers to defend him.
To the practical effects on the global economy should it be proved that the US, indeed, has been lying about its gold reserves, Russia’s Central Bank yesterday ordered the interest rate raised from 0.25 to 3.5 percent and Putin ordered the export ban on wheat and grain crops lifted by July 1st in a move designed to fill the Motherlands coffers with money that normally would have flowed to the US.
The American peoples ability to know the truth of these things, and as always, has been shouted out by their propaganda media organs leaving them in danger of not being prepared for the horrific economic collapse of their nation now believed will much sooner than later.
Thanx JC.
Interesting angle. Makes perfect sense.
IMF-SDR has got to be the most boring subject on earth,... and there is probably a reason, but like this article from 2010 say's if we don't FIGHT now the battle will be lost.
The battle was lost long ago ZH, welcome to the new IMF NWO.
http://www.thenewamerican.com/economy/economics/item/4498-waking-up-to-a...
The thing to remember is the IMF-SDR is not backed by GOLD, IMF allegedly has gold, but who knows where or if, but no where in the IMF rules does it say that SDR's are convertible for GOLD.
The IMF-SDR is only paper, and like the USD it can be created to INFINITY. Every country on earth loves it because it lets everyone play the FIAT came, ... to each according to his needs, from each according to his ability,....
I have no doubt that by 2020 Chelsea Clinton will be running the IMF-SDR. The reason the CLINTON's love this shit, is because it guarantee's their family power forever.
IMF bad news bear - What BS Fail's to tell you about his wet dream ...
Critics of the IMF and the long-term agenda of the institution and its backers, however, suggest that a better solution would be for the U.S. government to withdraw from the controversial outfit altogether.
Not only is Washington, D.C., foisting unfathomable levels of odious debt on the American people to fund such globalist institutions, the IMF is now openly proposing wholesale global wealth confiscation and plundering.
As if that was not bad enough, the IMF and the globalist establishment that controls it are openly working to turn the institution into a global central bank in charge of a planetary fiat currency if and when the U.S. dollar loses its status as international reserve.
Very refreshing piece by Brandon Smit of Alt-Market blog.
Zionism = global statism aka world socialism = feudal despotism