Socio-Economics History Blog

Socio-Economics & History Commentary

The Present Monetary And Banking Systems Have Slipped Into The Initial Stages of Terminal Dissolution!

  • This is a great article presented at the Committee on Monetary Research and Education’s meeting of 21 October 2010. It highlights the precarious situation the world is in. The current monetary and banking system will end with a bang, IMO. It will be cataclysmic. A new financial world order will come about. One that is fascist and Luciferian.
     
  • This article highlights all the issues: global monetary and banking system collapse, One World Supra National Currency and by implication Global Central bank, World Government, gold backed currency…. etc. I encourage all to read the entire article. Excerpts:
      
    A CROSS OF GOLD
    The present domestic and international monetary and banking systems have slipped into the initial stages of terminal dissolution. In their present forms, they cannot long survive. This is not merely my own poor opinion, but the considered view of no less than the United Nations Economic and Social Council. In July of this year it published a report entitled Nations World Economic and Social Council Survey 2010 instability and a hard landing of the dollar could be reduced by having a global payments and reserve system which is less dependent on one single national currency”, and that “[a] new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency”.
     
    This is globalist duckspeak for “our present funny-money scam is coming apart at the seams” and “we need to set up a new Ponzi pyramid before the old one collapses”. But if not in its prescription, yet in its description it states the truth. So the question is not “Will the present domestic and international monetary and banking systems split apart at their seams?” but whether, in the course of their inevitable unraveling, they will drag this whole country—
    the real America, the America which was once worth the price of the admission, the America which used to be a beacon of hope for the entire world—down with them.
       …..
    There are at least three basic plans for dealing with the present situation:
     
    First, the plan of the international political and financial crime families which are now strangling America and, indeed, the entire world in order to maintain their empire of “funny money”.
     
    Second, various plans for “reforming” and “regulating” the Federal Reserve
    System and somehow “returning” to something some people call a “gold standard”, based on a “redeemable currency” that is somehow “backed” by gold. And, 
     
    Third, a plan for replacing the present unstable and unsustainable monetary and banking systems with an entirely new system of economically sound, honest, and 
    constitutional money—by introducing into the free market and State governments an alternative currency consisting solely of gold, with no admixture of paper, and then letting competition between Federal Reserve Notes and specie settle the matter, once and for all.
      …..
    A new supra
    -national monetary régime.
    The international political and financial crime families know full well that the Federal Reserve System—indeed, the whole complex, corrupt apparatus that couples private banks and public institutions through the Treasury of the United States—is inherently unstable and needs to be replaced, because it can no longer be propped up, let alone reformed in any fundamental sense. Knowing that the Federal Reserve System’s days are numbered, they intend to translate the paper currency scam to the next level, just as they have done, step by step, in crisis after crisis, throughout American history.
       …..
    So, one can confidently predict on the basis of precedent that the international political and financial crime families will now attempt to create a true supra-national world “central bank of issue” empowered to emit a new supra-national currency, supra-nationally “managed”, and to exercise regulatory authority over all national central banks—in all things free from control by any national or regional government. Which, of course, will render this new supra-national bank itself a species of world government, or at least the nucleus of one. 

end

November 2, 2010 - Posted by | Economics | , , , , , , , , , , , , ,

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