Here we are with the World Bank helping China issue SDR-denominated bonds. This is the real reason that this bond issue is happening at all.
SDR bonds create the market for SDRs generally and legitimate their use as a settlement currency in their own right.
That monetary reform operation would effectively end the dollar’s role as the leading reserve currency, but first a major crisis is required to shock and prepare the citizens with mass media hype and institutional declarations for emergency or war authority.
Then write off most institutional debt, a debt jubilee can meet religious leaders’ expectations and be blessed as divinely inspired.
Heck, the international community of nations appear to already be on-board when you throw in some connection to linking or backing the currency reserves with gold bullion and continuing their system to print money in the interest of keeping a rotten system functioning.
Be alert, creative, and prepared for the preplanned international monetary system transitional years ahead.
The crisis is not an accident, it is a monetary policy change.
Yes, YOU. Wherever you are and Whoever you are, let us talk. Can You Imagine there might come a time when prudent savers would want to have a emergency plan to protect themselves from the twin risks of a global…
The Exchange Stabilization Fund (ESF) is rarely discussed. Who are the executives and officers of the ESF? What activities and How do they fund those activities? Where is the GOLD? Wikipedia reports: http://en.wikipedia.org/wiki/Exchange_Stabilization_Fund The Exchange Stabilization Fund (ESF) is an…
Peace Today
Ronmamita's Blog 