The script is clear (written countless times in his-stories), currency wars leads to global war, leads to massive deaths and destruction. But it doesn’t end there, then the reset of the global financial system is implemented with tighter control of wealth and authority into the hands of fewer institutions.
This is codified in Commercial Law with trade or financial agreements and trumps the people’s laws even while the People of Earth remain ignorant of it.
One must ask will the United Nations become the global government?
What will the new reserve currency be (SDRs or some other scheme)?
Meanwhile the People of Earth are not powerless.
Many People are aware that governments manage national farms to harvest “human resource“.
The institutions expect the People to continue to blindly acquiesce to this power play.
However, the people can implement alternatives.
By not cooperating and saying no with their actions: general boycotts, general strikes, stop paying taxes and start implementing local currencies, community projects and cooperatives in solidarity with personal sovereignty. The People of Earth withdraw their support of institutional masters to reclaim their personal sovereignty to locally fund their communities, businesses and projects.
The People are the only influence that are poised to stop the war campaigns, abolish the debt slavery, end the fractional reserve banking scheme, and hold each individual personally liable and responsible for their actions.
This would include officials and uniform employees obeying orders that violates rights of others. Police, military, and government officers must be aware that they have a obligation to disobey unlawful orders. Again personal sovereignty and personal responsibility comes into view and blind obedience becomes repugnant. To permanently retire the uniform is an option.
The central planners had options too, but they chose to implement policies for greed and control that would ultimately enslave the planet. These destructive policies have been revealed in their choices to campaign for war and instantly (some will say magically) create trillions of dollars to bail out the mega-giant institutions when this same financial tool could have been used to end poverty for everyone on Earth and spark a new economic boom in productivity and creativity.
But, the institutions have their priorities set on Control, (two tiered system of elite and non-elite classes) destruction and misery for the people of Earth.
Below are current reports of the institution’s tug-of-war for resetting the global financial system as global debt has reached unmanageable levels and the United States Dollar has lost confidence as the global reserve currency.
The central planners know what they are doing, they know they are intentionally harming the People of Earth.
But the question is: do you know what they are doing behind armed guards and closed doors?
China’s Yuan ‘will be one of the most powerful currencies in the world’
China’s Yuan rose to a record high on Thursday [Oct. 17, 2013] as Asian markets rallied after US lawmakers produced a last-minute deal to avert a debt default. The Yuan’s climb has followed aggressive market intervention in recent weeks by Beijing, which remains cautious about liberalizing its foreign-exchange policy. The Voice of Russia spoke with Pepe Escobar, Asia Times roving correspondent, who thinks that China is becoming a real game changer in the international system of relations.
“…this is what they have been advocating for the past few years: reform of the Bretton Woods Institution, specially the IMF, they want more say in the IMF like for instance in terms of implementing policy. They are more or less on the same level as Italy, which is completely absurd. So, they want more say, they want more executive directors, not only Chinese but also from the BRICs group, from developing countries as well. They would like to have the Special Drawing Rights (the SDRs) mechanism of the IMF implemented in the long run…” – Read more: The Voice of Russia
or Click to listen
Trans-Pacific Partnership (TPP) http://www.ustr.gov/tpp
NOTE: Trade agreements have come to usurp national sovereignty in modern times.
Investigate the current examples of NAFTA and the European Union where nations are often commanded to comply to the TRADE agreement when it violates local laws and people’s rights…
“The binding provision is: EACH COUNTRY SHALL INSURE THE CONFORMITY OF DOMESTIC LAWS, REGULATIONS AND PROCEDURES.” – Lori Wallach, director of Public Citizen’s Global Trade Watch
“A Corporate Trojan Horse”: Obama Pushes Secretive TPP Trade Pact, Would Rewrite Swath of U.S. Laws
Read more: http://www.citizen.org/TPP-external-resources
IMF & SDRs
International Monetary Fund (IMF) is headquartered in Washington, D.C., United States.
The IMF describes itself as “an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”
The International Monetary Fund (IMF) (French : Fonds monétaire international) is an international organization that was initiated in 1944 at the Bretton Woods Conference and formally created in 1945 by 29 member countries. The IMF’s stated goal was to assist in the reconstruction of the world’s international payment system post–World War II. Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily. Through this activity and others such as surveillance of its members’ economies and the demand for self-correcting policies, the IMF works to improve the economies of its member countries. -See Wikipedia.org
Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). SDRs represent a claim to currency held by IMF member countries for which they may be exchanged. SDRs are allocated to countries by the IMF and they can only be exchanged for euros, Japanese yen, pounds sterling, or US dollars, SDRs may actually represent a potential claim on IMF member countries’ nongold foreign exchange reserve assets, which are usually held in those currencies. While they may appear to have a far more important part to play or, perhaps, an important future role, being the unit of account for the IMF has long been the main function of the SDR. -See Wikipedia.org
Created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and the US dollar, the value of a SDR is defined by a weighted currency basket of four major currencies: the US dollar, the euro, the British pound, and the Japanese yen.
SDRs are denoted with the ISO 4217 currency code XDR.
After World War Two (WWII) and the Bretton Woods agreements (system of monetary management established the rules for global commercial and financial relations) the Queen and the Federal Reserve System were the overseers of the world’s gold pools and the United States dollar became the world’s reserve currency…
The QUEEN takes a Tour of the GOLD VAULT at The Bank Of England
Since the 2008 financial crisis, that is ongoing today, the flight of Gold from the vaults of the Queen (Bank of England) and the Federal Reserve has been astounding. So much so that when Germany asked to see their gold the Federal Reserve told Germany “NO”.
When Germany requested their gold be returned the Federal Reserve said it will take 7 years. *SEE: Central bank gold reserves
“The World is loosing Trust in the U.S. Dollar”
After this alarm bell sounded an explosive gold flight from the vaults has escalated as many nations have lost confidence in the U.S. Dollar and the Federal Reserve.
Tangent Capital Partners Senior Managing Director Jim Rickards was interviewed by Bloomberg’s Deirdre Bolton and discussed China and world reaction to the U.S. debt ceiling debacle.
Rickards discussed this week’s op-ed in which China’s government newspaper openly called for the world to move away from the dollar:
“The way China is preparing is by buying massive amounts of gold…They have $3 trillion of reserve positions. Half of that is in U.S. Treasury securities…If the treasuries pay off and inflation’s not bad, they make money on their treasuries. If we trash the dollar or create inflation to pay them off, they’ll make money on the gold.”
According to Jim Rickards, despite popular belief, China does not want the Yuan to become the [world’s reserve currency] because that would involve them opening up their economy and capital markets far more than they currently are.
“What China wants is to get rid of the dollar [as the world’s reserve currency], but they don’t want the [reserve currency to be the] yuan.
What they want is the SDR – the Special Drawing Rights from the IMF. They also want larger votes from the IMF.” –Rickards full MUST SEE interview on China, debt default, and gold
Jim Rickards expects the lost confidence in the U.S. Dollar and the International Monetary System to collapse in the next few years with the emergence of a new reserve currency (SDR?)…
This may indeed be the central planners‘ plan, however this would merely be a resetting of the current flawed system to terrorize future generations as the advancement, growth and wealth transfers to the emerging markets as toxic debts become unbearable burdens once again.
Can we end this cycle?
Bank for International Settlements (BIS) The Most Powerful Bank In The World.
The BIS is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.
Established on May 17, 1930 by an intergovernmental agreement by Germany, Belgium, France, Great Britain and Northern Ireland, Italy, Japan, United States and Switzerland.Central planners regulate capital adequacy with a capital adequacy policy that applies to equity and capital assets. Consider LIBOR, Interest Rates, Ask yourself and the regulators: “What other markets out there carry the same potential for manipulation? The answer to that question is far from reassuring, because the potential is almost everywhere. From gold to gas to swaps to interest rates, prices all over the world are dependent upon little private cabals of cigar-chomping insiders we’re forced to trust.” –Matt Taibbi of Rolling Stone
The Swiss-based `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”.
This is happening just as the US Federal Reserve prepares to wind down stimulus and starts to drain dollar liquidity from global markets, an inflexion point that is fraught with danger and could go badly wrong.
“This looks like to me like 2007 all over again, but even worse,” said William White, the BIS’s former chief economist, famous for flagging the wild behaviour in the debt markets before the global storm hit in 2008.
Read more at: http://investmentwatchblog.com/bis-the-most-powerful-bank-in-the-world-announces-the-crash/
ALL WARS are Bankers’ WARS.
BRICS, SCO, and G-20
Brazil, Russia, India, China, and South Africa (BRICS) makes up the five major emerging national economies (markets) have agreed to the establishment of a New Development Bank with a $100 billion currency reserve fund designated to steady currency markets (“buffer against currency-market volatility”).
The BRICS have other on going projects and agreements that allow them to transact and trade in non-U.S. Dollars (a growing trading list of nations such as Iran, Syria, England, Australia, Japan, and others are transacting in non-U.S. dollars with BRICS, primarily commodities such as gold/oil, or national currencies such as China’s Renminbi/Yuan/CNY )…
Shanghai Cooperation Organization (SCO)
The SCO, which groups China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan, is an inter-governmental organization founded in the Chinese city of Shanghai on June 15, 2001.
It also has Afghanistan, India, Iran, Mongolia and Pakistan as observers, and Belarus, Sri Lanka and Turkey as dialogue partners.
The next SCO summit, according to the press release, will be held in the Tajik capital of Dushanbe in 2014.
Group of Twenty (G-20) – see http://www.g20.org
A group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
*While these nations do not want the public and their citizens to be aware of all their policies and plans, as this could spark a run on the banks and destabilize the system prematurely. Thus they have called for a new Bretton Wood summit and since that call has yet to manifest a global summit, many of the nations have already begun to detach their dependency on the “Dollar” and implement tools and agreements to stabilize international transactions without the dollar.
Sadly many wealthy individuals want this as well.
You would be hard-pressed to find anyone among them who would introduce the concept of abolishing the “Fractional Reserve Banking” concept altogether. And there sits the systemic failure to solutions being implemented.
NO ONE IS ALLOWED TO SPEAK OF AN ALTERNATIVE SYSTEM OF FINANCE AND ECONOMIC MODEL.
The governments and their financiers want to retain a debt-based system of bondage…