The G20 Moves the World A Step Closer to a Global Currency!
- As mentioned in my previous posts, the world is heading towards a 1 world fascist government, a global police security state. Most people still do not see the obvious warning signs. Whoever controls money controls the world.
“Permit me to issue and control the money of a nation, and I care not who makes its laws.” – Amschel Mayer Rothschild 1773-1855
- The banksters who caused this financial depression is moving rapidly to create/control a 1 world central bank and 1 world currency. Ambrose Pritchard of the Telegraph UK reports :
The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.
A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order. “We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.
In effect, the G20 leaders have activated the IMF’s power to create money and begin global “quantitative easing”. In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it. It has been a good summit for the IMF. Its fighting fund for crises is to be tripled overnight to $750bn. This is real money.
Dominique Strauss-Kahn, the managing director, said in February that the world was “already in Depression” and risked a slide into social disorder and military conflict unless political leaders resorted to massive stimulus. He has not won everything he wanted. The spending plan was fudged. While Gordon Brown talked of $5 trillion in global stimulus by 2010, this is mostly made up of packages already under way.
The Russians had hoped their idea to develop SDRs as a full reserve currency to challenge the dollar would make its way on to the agenda, but at least they got a foot in the door. There is now a world currency in waiting. In time, SDRs are likely evolve into a parking place for the foreign holdings of central banks, led by the People’s Bank of China. Beijing’s moves this week to offer $95bn in yuan currency swaps to developing economies show how fast China aims to break dollar dependence.
French President Nicolas Sarkozy said the summit had achieved more than he ever thought possible, and praised Gordon Brown for pursuing the collective interest as host rather than defending “Anglo-Saxon” interests. This has a double-edged ring, for it suggests that Mr Brown may have traded pockets of the British financial industry to satisfy Franco-German demands. The creation of a Financial Stability Board looks like the first step towards a global financial regulator. The devil is in the details.
- The Illuminati global ruling elite have thought this through quite thoroughly. The world, or at least the G20, have moved a step closer to ’666′ . See also :
The End of Money -> 666 !
New World Order is Emerging – One World Government
Council on Foreign Relations (CFR) Unveils Global Governance Agenda
Collapse of America to Lead to New World Order?
UN & IMF Back Agenda For Global Financial Dictatorship
Depression, World Currency and Digital Gold
A World Currency Moves Closer After Geithner’s Slip
Single Global Currency
China calls for New Reserve Currency – 1 World Currency ‘666′ Just Around the Corner
China Backs Russia’s Call for New World Reserve Currency!
London G20 Summit: Last Chance Before Global Geopolitical Dislocation – 1 World Central Bank & 1 World Currency
Towards A One World Currency, One World Central Bank & One World Government !
Lindsey Williams – Global Bankruptcies and One World Government
Bob Chapman – Economic And Financial Systems Deliberately Destabilized
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