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The Federal Fiat Us Dollar Vs The New Treasury Us Dollar
https://infiniteshift.wordpress.com/2014/02/25/the-federal-fiat-us-dollar-vs-the-new-treasury-us-dollar/ Reading the many comments on different websites, we realize that many remain confused by the difference in the two currencies. The Federal US Dollar (FRN) has nothing to do with the United
States of America. The Federal Fiat dollar is owned by a private corporation formed in 1913 on Jeckyl Island by private individuals. The “owners” of said corporation called it the US Dollar to cover up the scam of theft of the American people.
If you have not realized this by now, we suggest a crash course into the history of the Federal Reserve. When, not if, the Global Currency Reset occurs…..the world will return to an “asset backed” system. For example, baskets will
obtain gold, silver, oil, corn, cotton or whatever resources prove valuable. This will enable each country’s currency to be “pegged” to a new value. These “baskets” will NOT have the country’s’ currency in it, for
example – gold, Yuan, British Pound, etc. Right now the “SDR” (Special Drawing Rights) at the IMF is set up with “currencies” and that is not going very well, so that will change also. Each country has an audit of “assets”
their country possesses and what it can support for a value to their currency. This “value” is not only gold bars in the vault, but also what is in the ground under their feet. Back to the United States problem that people do not understand.
Right now folks are saying that the US FIAT DOLLAR is going to devalue when the Reset occurs…WHO CARES!!! That is the privately owned fiat dollar, let it go down burning is what I say!!! The “true value” of the crap paper is about 3 cents.
That is why a loaf of bread is around $4.00 at the store.* The USA Treasury will be sending out a NEW US TREASURY currency. If you do not believe this can happen…Research what John F. Kennedy DID in 1963. Google Kennedy Dollar, look at the $5
bill and the $2 bill…what is missing? I’ll give the answer at the end for those too lazy to look it up. This is how it will play out, so nothing for us to worry about. The Global Reset happens…announcements made that the USA is getting
new bill USA TREASURY bills. For those of you that “might” still have fiat cash in your wallet or tucked under your mattress, you will be able to take it to the bank and exchange it for new treasury notes or spend it at the store. When the store
makes its deposit, the US Treasury will shred it. It is my understanding, it will take approximately six months for all fiat bills to be collected from mason jars, mattresses, etc. So far it will be a one to one exchange….no reason to freak out
the people of the USA. The FEDS have not printed new fiat $1, $5, $10, or $20 bills since 2009. This is why they have been pushing the “debit” card” to use instead of cash. If everybody suddenly went back to only using CASH…the banks
would freak because they do not have that much fiat cash on hand. The new US Treasury bill will have for example, a TRUE value of let’s say $1.80 value to each $1.00 new bill. So that same loaf of bread sitting at $4.00 fiat right now, will DROP
IN PRICE to NEW USA Treasury price of $1.30 for example, or even drop back to 89 cents like it was 30 years ago. As Poof use to tell us all “we will return to 1950′s prices” because the NEW USA Treasury currency “will have a “TRUE”
value to it and it will be WAY HIGHER than that crappy fiat paper worth no more than 3 cents!!! Just understand that the NEW Treasury bills will have a HIGHER value and you will be able to buy more at the store….this is also part of the “leveling
the playing field” for us all. We will get more “bang for the buck” finally!!! As for the old fiat privately owned currency that was called the US Dollar….Let it Burn!!! When it Burns, so will ALL that debt that is in Fiat dollars
that has been chained around the neck of the World and the American people for the last 100+ years.* *Bring On The New USA Treasury Dollars!!!!!!!!!!!!!!!* I hope this clears up some of the confusion. Cheers (Anonymous) The
Office of Poofness: February 24, 2014 « Golden Age of Gaia.
HILLARY’S EMAILS SHOW ULTERIOR MOTIVES FOR THE INTERVENTION OF LIBYA
http://www.collective-evolution.com/2016/01/12/hillarys-emails-show-that-us-nato-invaded-destroyed-because-of-gaddafis-gold-reserves/
When Hillary Clinton was Secretary of State, she received an email on April 2, 2011 from Sidney Blumenthal, Hillary’s
unofficial intelligence operative, which focused on France’s motivations for joining the war against Gaddafi in Libya. In the email, she writes how Gaddafi had “nearly bottomless financial resources” to continue his campaign
against the rebels, and although the freezing of Libya’s bank accounts presented challenges for him, he had managed to circumvent this by having up to 143 tons of gold and similar amount in silver, amounting to $7 billion, that was kept outside
the Libyan Central Bank. It then states that he acquired the gold prior to the rebellion “to establish a pan-African currency based on the Libyan golden Dinar.” His plan was to offer a competing currency in the African region
to rival the French Franc, which was the currency predominately used in the area. Blumenthal then writes, “French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced
President Nicolas Sarkozy’s decision to commit France to the attack on Libya.” So there you have it. What was once dismissed as just another “conspiracy theory” for the reason to take out Gaddafi is supported by an
intelligence brief emailed to the United States’ Secretary of State.
Also important to note, mentioned in the email are the other reasons given for France’s involvement in the Libyan war (and no, liberating the Libyan people is not one of them): Here is Sarkozy’s speech at the UN’s “Meeting On Libya” on September 20th, 2011: Sources https://www.foia.state.gov/searchapp/DOCUMENTS/HRCEmail_DecWebClearedMeta/31-C1/DOC_0C05779612/C05779612.pdf
http://www.ambafrance-uk.org/President-Sarkozy-has-faith-in
Complete List of BANKS Owned/Controlled by the Rothschild Family
http://realitieswatch.com/complete-list-of-banks-ownedcontrolled-by-the-rothschild-family/ What’s the significance of having a central bank within a country and why should you concern yourself, your family and colleagues? Central banks are illegally created PRIVATE banks that are owned by the Rothschild banking family. The family has been around for more than 230 years and has slithered its way into each country on this planet, threatened every world leader and their governments and cabinets with physical and economic death and destruction, and then
emplaced their own people in these central banks to control and manage each country’s pocketbook. Worse, the Rothschilds also control the machinations of each government at the macro level, not concerning themselves with the daily vicissitudes of our
individual personal lives. Except when we get too far out of line. The grand plan of The First Sphere of Influence is to create
a global mononation. Please do not confuse this with the term globalization. Mononation and globalization couldn’t be more different in concept, scope and purpose. Mononation is one state. It has one government. One set of laws for all ordinary citizens,
no laws for the elite. Globalization refers to communicating, trading, interacting, etc. among separate, different, independent, sovereign countries. The grand plan of The First Sphere of Influence is to create a global mononation. Our own Federal
Reserve is an illegally emplaced private bank that is directly responsible for creating all the US’s depressions, recessions, and the inflation and deflation of our dollar. The Fed controls the printing of our own currency, and then charges the US government
interest on those loans. The interest is growing each year, making it difficult if not impossible for our government to pay it. How do we pay this interest? By the US Personal Income Tax. This tax goes to the Rothschild
family. In the coming months, as I continue to gather intel and write a book about The First Sphere of Influence, I will share more and more. For now, I kindly ask that you read each of the 165 lines
below. One hundred and sixty-five reasons to believe my intel. You can click on each bank and visit its website. I’ve seen each one. They’re real. And they’re one of the reasons why each country
is in such deep debt to this insidious family, the Rothschilds. By the way, if you’re curious what the US debt is to the BIS, please refer to the table at the end of this article, taken from the latest statistical results provided by the Joint
External Debt Hub, which receives data from the BIS, International Monetary Fund, World Bank, and the Organization for Economic Cooperation and Development. BIS
Offices Representative Office for Asia and the Pacific 78th floor, Two International Finance Centre 8 Finance Street, Central Hong Kong Special Administrative Region of the People’s
Republic of China Telephone: (+852) 2878 7100 Fax: (+852) 2878 7123 Representative Office for the Americas Torre Chapultepec Rubén Darío 281 – 17th floor Col. Bosque de Chapultepec Del. Miguel Hidalgo 11580 México, D.F. México Telephone: (+52) 55 91380290 Fax: (+52) 55 91380299 The Rothschild-Owned Central Banks of the World Afghanistan: Bank of Afghanistan Albania:
Bank of Albania Algeria: Bank of Algeria Argentina: Central Bank of Argentina Armenia: Central Bank of Armenia Aruba: Central Bank of Aruba Australia: Reserve Bank of Australia Austria:
Austrian National Bank Azerbaijan: Central Bank of Azerbaijan Republic Bahamas: Central Bank of The Bahamas Bahrain: Central Bank of Bahrain Bangladesh: Bangladesh Bank Barbados: Central Bank
of Barbados Belarus: National Bank of the Republic of Belarus Belgium: National Bank of Belgium Belize: Central Bank of Belize Benin: Central Bank of West African States (BCEAO) Bermuda: Bermuda Monetary Authority Bhutan: Royal
Monetary Authority of Bhutan Bolivia: Central Bank of Bolivia Bosnia: Central Bank of Bosnia and Herzegovina Botswana: Bank of Botswana Brazil: Central Bank of Brazil Bulgaria: Bulgarian National Bank Burkina Faso: Central Bank
of West African States (BCEAO) Burundi: Bank of the Republic of Burundi Cambodia: National Bank of Cambodia Cameroon: Bank of Central African States Canada: Bank of Canada – Banque du Canada Cayman Islands: Cayman Islands Monetary
Authority Central African Republic: Bank of Central African States Chad: Bank of Central African States Chile: Central Bank of Chile China: The People’s Bank of China Colombia: Bank of the Republic Comoros: Central Bank
of Comoros Congo: Bank of Central African States Costa Rica: Central Bank of Costa Rica Côte d’Ivoire: Central Bank of West African States (BCEAO) Croatia: Croatian National Bank Cuba: Central Bank of Cuba Cyprus:
Central Bank of Cyprus Czech Republic: Czech National Bank Denmark: National Bank of Denmark Dominican Republic: Central Bank of the Dominican Republic East Caribbean area: Eastern Caribbean Central Bank Ecuador: Central Bank of Ecuador Egypt: Central Bank of Egypt El Salvador: Central Reserve Bank of El Salvador Equatorial Guinea: Bank of Central African States Estonia: Bank of Estonia Ethiopia: National Bank of Ethiopia European Union: European Central Bank Fiji: Reserve Bank of Fiji Finland: Bank of Finland France: Bank of France Gabon: Bank of Central African States The Gambia: Central Bank of The Gambia Georgia: National Bank of Georgia Germany: Deutsche Bundesbank Ghana:
Bank of Ghana Greece: Bank of Greece Guatemala: Bank of Guatemala Guinea Bissau: Central Bank of West African States (BCEAO) Guyana: Bank of Guyana Haiti: Central Bank of Haiti Honduras: Central Bank of Honduras Hong Kong:
Hong Kong Monetary Authority Hungary: Magyar Nemzeti Bank Iceland: Central Bank of Iceland India: Reserve Bank of India Indonesia: Bank Indonesia Iran: The Central Bank of the Islamic Republic of Iran Iraq: Central Bank of Iraq Ireland: Central Bank and Financial Services Authority of Ireland Israel: Bank of Israel Italy: Bank of Italy Jamaica: Bank of Jamaica Japan: Bank of Japan Jordan: Central Bank of Jordan Kazakhstan: National Bank of Kazakhstan Kenya: Central Bank of Kenya Korea: Bank of Korea Kuwait: Central Bank of Kuwait Kyrgyzstan: National Bank of the Kyrgyz Republic Latvia: Bank of Latvia Lebanon: Central Bank of Lebanon Lesotho: Central Bank of Lesotho Libya:
Central Bank of Libya Lithuania: Bank of Lithuania Luxembourg: Central Bank of Luxembourg Macao: Monetary Authority of Macao Macedonia: National Bank of the Republic of Macedonia Madagascar: Central Bank of Madagascar Malawi:
Reserve Bank of Malawi Malaysia: Central Bank of Malaysia Mali: Central Bank of West African States (BCEAO) Malta: Central Bank of Malta Mauritius: Bank of Mauritius Mexico: Bank of Mexico Moldova: National Bank of Moldova Mongolia: Bank of Mongolia Montenegro: Central Bank of Montenegro Morocco: Bank of Morocco Mozambique: Bank of Mozambique Namibia: Bank of Namibia Nepal: Central Bank of Nepal Netherlands: Netherlands Bank Netherlands Antilles: Bank of the Netherlands Antilles New Zealand: Reserve Bank of New Zealand Nicaragua: Central Bank of Nicaragua Niger: Central Bank of West African States (BCEAO) Nigeria: Central Bank of Nigeria Norway: Central Bank of Norway Oman: Central Bank of Oman Pakistan: State Bank of Pakistan Papua New Guinea: Bank of Papua New Guinea Paraguay: Central Bank of Paraguay Peru: Central Reserve Bank of Peru Philippines: Bangko
Sentral ng Pilipinas Poland: National Bank of Poland Portugal: Bank of Portugal Qatar: Qatar Central Bank Romania: National Bank of Romania Russia: Central Bank of Russia Rwanda: National Bank of Rwanda San Marino: Central
Bank of the Republic of San Marino Samoa: Central Bank of Samoa Saudi Arabia: Saudi Arabian Monetary Agency Senegal: Central Bank of West African States (BCEAO) Serbia: National Bank of Serbia Seychelles: Central Bank of Seychelles Sierra Leone: Bank of Sierra Leone Singapore: Monetary Authority of Singapore Slovakia: National Bank of Slovakia Slovenia: Bank of Slovenia Solomon Islands: Central Bank of Solomon Islands South Africa: South African Reserve Bank Spain: Bank of Spain Sri Lanka: Central Bank of Sri Lanka Sudan: Bank of Sudan Surinam: Central Bank of Suriname Swaziland: The Central Bank of Swaziland Sweden: Sveriges Riksbank Switzerland: Swiss National Bank Tajikistan: National Bank of Tajikistan Tanzania: Bank of Tanzania Thailand: Bank of Thailand Togo: Central Bank of West African States (BCEAO) Tonga: National Reserve Bank of Tonga Trinidad
and Tobago: Central Bank of Trinidad and Tobago Tunisia: Central Bank of Tunisia Turkey: Central Bank of the Republic of Turkey Uganda: Bank of Uganda Ukraine: National Bank of Ukraine United Arab Emirates: Central Bank of United Arab
Emirates United Kingdom: Bank of England United States: The Dirty Nasty Stinky Fed, Federal Reserve Bank of New York Uruguay: Central Bank of Uruguay Vanuatu: Reserve Bank of Vanuatu Venezuela: Central Bank of Venezuela Vietnam:
The State Bank of Vietnam Yemen: Central Bank of Yemen Zambia: Bank of Zambia Zimbabwe: Reserve Bank of Zimbabwe - See more at: http://realitieswatch.com/complete-list-of-banks-ownedcontrolled-by-the-rothschild-family/#sthash.1GKgFvRd.dpuf
Island vurderer radikal plan som fratar bankene makt over penger
http://e24.no/makro-og-politikk/island-vurderer-radikal-plan-som-fratar-bankene-makt-over-penger/23428833
RADIKAL REFORM: Den Islandske regjeringen sier de vil vurdere ny pengepolitisk reform som innebærer at sentralbanken vil få makten alene over pengeskaping. Bildet viser fiskebåter til kai i Reykjavík 24. mars.
(E24) Publisert: 11:28 -
04.04.2015, Oppdatert: 11:45 - 04.04.2015 Island har sett seg lei på inflasjonsslit og ustabil valuta. Etter den kostbare bankkrisen som rammet landet i 2008 har de lett etter løsninger for landets økonomi.
Denne uken sa Islands regjering at de vil vurdere enfundamental pengepolitisk reform. Forslaget innebærer et skifte i moderne finanshistorie.
Det går ut på å frata de kommersielle bankenes mulighet til å skape penger ved lån, og heller gi denne makten fullt og helt til sentralbanken, skriver nyhetsbyrået AFP. Forslaget er en del av rapporten «Monetary reform-
A better monetary system for Iceland» som er laget av parlamentsmedlem Frosti Sigurjonsson i det regjerende islandske Fremskrittspartiet, på oppdrag fra landets statsminister. Rapporten tar for seg hvordan landet kan implementere et «suverent
pengesystem». – Funnene vil være et viktig bidrag for den kommende debatten, her og ellers i verden, om pengeskaping og pengepolitikk, sa statsminister Sigmundur David Gunnlaugsson. Kriser Siden 1875 har Island hatt 20 ulike typer finanskriser, og ifølge rapporten
har årsaken hver gang vært voksende kredittgiving ved høykonjunkturer. Høsten 2008 mistet Island kredittverdigheten sin da de valgte å ikke tømme
statskassen for å redde øyas forvokste banker. Først i fjor sommer fikk de lov å låne penger igjen. Sigurjonssons argumenterer
for at de kommersielle bankene ved høykonjunkturer skapte mer penger enn det var behov for, og at sentralbanken mislykkes i å kontrollere denne pengemengden, noe som fikk inflasjonen til å stige sammen med risikovillighet og spekulasjoner.
Som i andre markedsøkonomier er det sentralbanken på Island som lager nye mynter og sedler, samtidig som landets kommersielle banker kan skape nye penger når de tilbyr lån. Sentralbanken kan med sine verktøy, slik som renter,
påvirke den totale pengemengden. Staten som eneste pengelager Men i Sigurjonssons
rapport foreslås det altså å frata de kommersielle bankenes evne til å «lage» nye penger og gjøre sentralbanken, altså staten, til den eneste som kan lage nye penger i landet: På samme måten
som ved statlige budsjetter kommer det islandske parlamentet være nødt til å debattere regjeringens planer for «fordelingen av nye penger», slår Sigurjonsson fast: – Men det er viktig at evnen til å skape
penger holdes skilt fra makten til å bestemme over hvordan de nye pengene skal brukes, skriver Sigurjonsson i rapporten. De kommersielle bankenes rolle skal i forslaget reduseres til å administrere kontoer og utbetalinger, og fungere
som et mellomledd mellom de som sparer og de som låner.
Solidarity with Greece in Frankfurt as Blockupy activists target ECB
The international ΄Blockupy΄ alliance of protesters wanted to disrupt ΄capitalist business as usual΄, targeting the ECB for its role in promoting austerity measures in debt stricken countries such as Greece. As the ECB opened its new headquarters in Frankfurt, anti-austerity protesters blockaded the inauguration ceremony as
scenes turned violent today. Some 10,000 activists were expected, and whilst most protesters took part in a peaceful rally in the city's main square, others were involved in violent confrontations with police, with police squad cars set alight and officers
injured. Blockupy, however, claim on their facebook page that the police have acted provocatively, "Blockupy is colourful and determined, in spite of water cannons and tear gas. They want to suppress our protest, but we will continue to voice our resistance.
The ECB stands for a politics of impoverishment in Europe. There is nothing to celebrate about that." According to the German news site, Deutsche Welle, 350 people have been arrested so far. The international 'Blockupy' alliance of protesters
wanted to disrupt 'capitalist business as usual', targeting the ECB for its role in promoting austerity measures in debt stricken countries such as Greece. With relations between the 2 countries particularly strained at the moment, the protest may be seen
as a sign of solidarity. Alexis Tsipras on Monday reiterated his commitment to ending austerity, commenting to the Greek daily Ethnos that,"the key is to recognize that the previous policy of extreme austerity has failed, not only
in Greece, but in the whole of Europe." Blockupy agree with Greece's new government's strategy, and in their statement announcing the protest, asserted that, "A new phase of European politics is opening up...brought about by the
Greek government which is challenging the doctrine of 'there is no alternative to austerity...The Greek example is for us a signal of hope: there is still space in Europe for asserting the importance of solidarity, democracy and commons against competitiveness
and neoliberal order."
Canadians Sued The Bank Of Canada & Won. Mainstream Media & Government Blacks Out Story
Recently, constitutional lawyer Rocco Galati won yet another round of appeals set forth by the Bank of Canada in a case involving two Canadians who filed an action in federal court to restore The Bank
of Canada to its original purpose and operations. This is a very significant story but you probably haven’t heard of it. Why? The mainstream media and government have blacked out the story for reasons that appear to stem from fear of how the public will
react to realizing they’ve been systematically enslaved for decades. Significant Legal Action The initial federal court filing took place on December 12th, 2011 by Canadian constitutional lawyer,
Rocco Galati, on behalf of Canadians William Krehm, Ann Emmett, and COMER (Committee for Monetary and Economic Reform). The filing is intended to “restore the use of the Bank of Canada to its original purpose, by exercising its public statutory
duty and responsibility. That purpose includes making interest free loans to the municipal/provincial/federal governments for “human capital” expenditures (education health, other social services) and / or infrastructure expenditures.”
According to WestCoastNativeNews: (Note: Website may temporarily be down) The Plaintiffs state that since 1974 there
has been a gradual but sure slide into the reality that the Bank of Canada and Canada’s monetary and financial policy are dictated by private foreign banks and financial interests contrary to the Bank of Canada Act. The plaintiffs state
that the defendants (officials) are unwittingly and/or wittingly, in varying degrees, knowledge and intent engaged in a conspiracy, along with the Bank of International Settlements (BIS), Financial Stability Forum (FSF), International Monetary Fund (IMF) to
render impotent the Bank of Canada Act as well as Canadian sovereignty over financial, monetary, and socio-economic policy, and bypass the sovereign rule of Canada through its parliament by means of the banking and financial systems. http://www.pacificfreepress.com/news/1/10573-confronting-global-finance-in-canadas-courts.html
The truth is, The Bank of Canada used to issue debt free loans to government, which meant that the nation would go into debt to private banking institutions. When that changed, private bankers/corporations essentially gained control and ownership of the
country. Media Black Out As stated by constitutional lawyer Rocco Galati in the video below, sources have indicated to him that the government will often instruct the mainstream media, when it comes to certain
stories, as to whether or not they can cover the story or how they should go about covering it. This means that government can effectively control the media and hide information from the public whenever it likes, unless it trickles through alternative news
sources like what you are reading right now. Why This Is Important Although not the ultimate solution to the world’s challenges, this is significant because it shows how serious the public is getting about
wanting to change the way our current system operates. It also indicates a clear shift in public knowledge about how our system and infrastructures work. The more the people know, the more they seem to be demanding change. This begs the questions: why
is this information being kept quiet? How has it been hidden for such a long time? Why would our governments be making decisions about things that greatly affect the average person without them having any vote, knowledge, or choice in the matter? In
my view, it goes back to the fact that there are leaders in our world, beyond government, who are systematically manipulating various systems and structures in across the globe to control the population. Once viewed as wild conspiracy theories, this understanding
is becoming not only self-evident, but publicly accepted knowledge as well. This latest case helps to illustrate how these ‘elite leaders’ are intentionally making moves that are not beneficial for the people whatsoever. The bottom
line is, we are seeing a positive shift in awareness and consciousness as people begin thinking about and seeing our world differently. This is fuelling action that I believe will lead towards a freer and better world. Latest
Update Check out the video below for the latest update on recent appeals that are now heading to the supreme court for further ruling.
12-Year Old Child Reveals One Of The Best Kept Secrets In The World
http://www.collective-evolution.com/2014/11/15/12-year-old-child-reveals-one-of-the-best-kept-secrets-in-the-world/
It’s a truly incredible time we live in. Think back to all the amazing revolutions we’ve
learned about in history. There’s been some amazing changes that have taken place and the implications of people standing up and doing something different has been huge. After all it led us to where we are today. As destructive and close to extinction
as we are, we’ve done some amazing things at the same time and the power of human creativity and love has shown itself. To hear a young girl speak about facts of our world like Victoria does in the video below is amazing. It not only shows that
younger generations simply won’t stand for the current world we live in, but that we can look to people other than the so-called “experts” for creative answers to our current challenges. Victoria speaks about how our world financial
system really works and how it was specifically designed to enslave the population. Deep Secrets Kept From Us Most people in the world, young or old, have little idea that our world is so incredibly corrupt and coldly calculated
to create an enslaved population.[1] Luckily, this is changing with each passing day as a switch seems to be turning on in people that
allows them to see and realize that something isn’t quite right here. This triggers us to search for answers and with the bevy of information in books, films and on the internet about the true workings of our world, people have the ability to
go beyond limited institutions, such as the educational system, to find out what’s really going on. This is likely how Victoria found this information as it’s doubtful she learned it in school. Check out her powerful message in the video
below. Regardless of the fact that the solution she presents may not be complete nor the most advanced, it would undoubtedly be a positive step in the right direction. Please use this as a tool to pass on to others so they can understand what type of
system they really live in.
The BRICS Bank Signals the End of the American Financial Empire and U.S. Dollar Hegemony
http://www.huffingtonpost.com/dr-nasser-h-saidi/the-brics-bank-signals-th_b_5604294.html Establishing
the BRICS Bank is a momentous event The July 2014 BRICS (Brazil, Russia, India, China, South Africa) Summit was a momentous event, more important than the World Cup that also took place in Brazil. The BRICS sealed the deal towards the creation
of the BRICS development bank and a US$ 100 billion reserve fund, labelled a "Contingency Reserve Arrangement" that promises to help developing nations avoid "short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial
safety net and complement existing international arrangements." The BRICS bank is expected to strengthen economic and financial relations and cooperation between the members of the BRICS group, promote mutual investments in addition to providing development
funding in the BRICS group and in developing countries, with a likely focus on the African region. The BRICS bank will provide loans, guarantees, long-term credits and make equity investments. A major focus will be on infrastructure, aiming to address a yawning
gap in infrastructure finance for the emerging economies. To illustrate, the ADB estimates that Asia will need some US$ 800bn a year of infrastructure investment between now and 2020 -- but, it lends only US$ 10bn a year for infrastructure. The MENA region
countries face a similar infrastructure financing gap of some US$ 60bn per year, not to mention over US$1 trillion for reconstruction following wars and violence. Ironically the BRICS bank mission is similar to the original mission of the International Bank
for Reconstruction and Development alias the World Bank, but which went awry. As founders, the BRICS agreed at the Summit that the capital for the bank would be split equally among the five nations, giving equal voting power. The bank will have its headquarters
in Shanghai, and the first president for the bank will come from India, while the board will mainly come from Brazil. Shifting 'soft power' to the BRICS and emerging economies The establishment of the BRICS bank marks the delayed
shift of 'soft power' from the 'West', from the US and Europe to Asia and to emerging economies, confirming the shift in economic and financial weight. The centre of global economic and financial geography has been progressively shifting "East" for the past
three decades, with the epicentre now lying East of Mumbai. Measured at PPP rates, China will have surpassed the US by 2017 as the world's largest economy, while India has already surpassed Japan to become the world's third largest economy. This tectonic shift
in economic fortunes and transformation of the global economy is already evident in changed patterns of production, trade, investment and capital markets: emerging markets already account for 48% of world trade, with Asia's share alone at 31.5%. In line with
positive growth prospects and higher returns to investment, some 52% of global FDI flows into emerging markets, with 30% into Asia. Non-OECD economies now account for 65% of energy markets, with demand from China dominant. But global institutions have
yet to reflect the economic and financial power of the BRICS. The shift in soft power will unfurl in three main developments over the coming decade: a change in the governance of the international monetary and financial architecture, the growth of 'Renminbisation'
and the emergence of local currency markets in emerging economies. Changing governance of international monetary and financial architecture Today, the BRICS account for about 25% of global GDP, 35% of total international reserves
(with China at over US$4 trillion), 25% of total land area and around 42% of the world's population. However, despite their economic weight, the BRICS have a major power gap in global economic governance. Their representation, voting power, participation in
management and staff in the Bretton Woods institutions (IMF, World Bank, WTO, and IFC) and others like the BIS, displays a major deficit of 'voice' and influence. The tectonic shift in world economic geography has not reflected itself in the governance and
management, let alone the staff of IFIs. The BRICS and emerging countries do not set the agenda but they must bow to the diktats! Voting power at the IMF disproportionately favours the US 16.75%, Japan 6.23%, Germany, France and the UK votes add up to 14.39%
compared to a total for the 11% for BRICS, of which China: 3.8%. Despite the BRICS endeavouring to increase their influence of global financial decision-making, the US and the Europeans have thwarted attempts at IFI reform. The IMF's voting reforms approved
in 2010, ratified by more than three-quarters of the Fund's member governments are still missing ratification by the US. The new BRICS bank and international reserves facility are the first building block of a new international monetary and financial architecture
with new institutions and greater 'voice' for the new economic and financial powers of the XXI century, with a focus on issues relevant to emerging economies. The next global agreement will be Shanghai I not Bretton Woods II.
Growing Renminbisation
is the alternative to US$ hegemony The second building block of the new international financial architecture is the creation of a 'Yuan Zone'. Currently, global trade and investment flows and payments are mainly intermediated and settled through
the use of the US$ and the Euro. GCC oil sold to China is priced and settled in US$ through US$ regulated clearing banks, which increases transactions costs and involves exchange rate and payment risk. In addition, participants in the US$-based payment system
have also been subject to fines and penalties arising from politically motivated US sanctions. China is today the world's biggest trading nation and its bilateral trade can be more efficiently conducted using Renminbi (RMB). China's policy is to increase the
internationalisation of the Renminbi: 'Renminbisation'. To date, there have been three main channels of Renminbisation: the introduction of the RMB as the settlement currency for cross-border trade transactions, the provision of RMB swap lines between the
People's Bank of China (PBoC) and other central banks and the creation of an RMB offshore market. China now has 24 currency swap arrangements worth some US$ 430bn including a RMB 35bn currency swap agreement with the UAE central bank. These swap facilities
can provide liquidity to finance bilateral trade and investment flows and can form the basis of a multilateral RMB clearing system. By 2015, the RMB will emerge as a global currency alongside the US$ and the Euro. The growing international use of the
RMB will progressively create a 'Yuan Zone' where multilateral trade can be financed and settled in RMB. Similarly, given China's dominance of international trade, commodities, goods and services will be increasingly denominated in RMB. In particular, given
China's dominance of GCC energy export markets, it is advantageous for both parties to price oil and gas and settle in RMB. Indeed, the GCC countries should shift to a currency basket including the RMB and build up RMB holdings as part of their international
reserves, rather than maintain a hard peg to the US$ which implies a loss of monetary independence. The growing international role of the RMB will be confirmed in 2015 by its entry into the IMF's Special Drawing Rights (SDR) basket. But for the RMB
to become a truly international means of payment and asset currency and alternative to the US$ and the Euro, China needs to gradually move to capital account convertibility and removal of internal distortions, notably interest rate liberalization, greater
exchange rate flexibility and the development of RMB money market instruments and debt capital markets, the "Redback Market". Building Local Currency Debt Markets The third building block then, is the development of local currency
money and debt markets starting with China and India, given their potential size. Developing local currency debt and Sukuk markets brings multiple benefits: stable access to capital, diversification of monetary policy instruments, and the creation of a yield
curve for pricing financial assets, while diminishing exchange rate and refinancing risk from financing through 'hard currency' debt. For China, Renminbisation necessitates the development of an onshore capital market complemented by domestic policy reforms
leading to a changed financial structure, with lower dependence on bank financing. However, the speed of adjustment and the sequencing of financial sector reforms are also important. External account liberalisation should be preceded by domestic financial
sector reforms and the removal of internal financial distortions. For the RMB to become part of international reserves requires broad, deep and liquid Redback financial markets. The unfolding of the Redback market will dominate international financial markets
over the coming decade. A New Multi-Polar Financial Architecture for a New World Order A multi-polar world requires a new international monetary and financial architecture. The Great Financial Crisis and accompanying Great Recession
are the final nails in the coffin of the post-WWII Bretton Woods world order, signaling the end of the American US Financial Empire. The BRICS development bank and contingency fund are the forerunners of a new multi-currency world that breaks US dollar hegemony
and the domination of Fed monetary policy geared to the exigencies of US business cycles and economic crises. The US will lose its exorbitant privilege as the world's reserve currency as the Yuan Zone expands. This will help resolve the US twin fiscal and
current account deficits by imposing fiscal discipline on the US. A multi-polar financial world with new international financial centres emerging in Mumbai and Shanghai will be a more stable world, less prone to financial crises or hostage to mal-regulated
too-big-to-fail banks and financial institutions in the too-big-to-fail hubs of New York and London. For the BRICS and emerging economies a new dawn can arise with better access to finance both within and across countries, and less prone to disruptive capital
flows and irrational exuberance. Follow Dr. Nasser H. Saidi on Twitter: www.twitter.com/Nasser_Saidi
US COLLAPSE Critical Alert! Dollar Crash has Begun!
Russia Has Already Backed its Currency With Gold
http://goldenageofgaia.com/2014/04/03/russia-has-already-backed-its-currency-with-gold/ Stephen: While this Russian
news agency ITAR-TASS article is from the weekend just passed, it clearly states that Russia has already backing their currency with gold. Now for the rest of the world, eh? Thanks to Janis. From ITAR-TASS news agency – March 30, 2014
http://en.itar-tass.com/economy/725832 MOSCOW: An action in support of bank Rossiya which has decided to work exclusively with the national currency will take place in Moscow on Sunday. The Golden Symbol of Russian Rouble installation in front
of the bank’s office in Perevedensky pereulok in Moscow will symbolize the rouble’s stability and its backing by the country’s gold reserves, the action’s organizers explained to Itar-Tass. Bank Rossiya plans to work only with
Russia’s national currency The action is designed to voice support for the Rossiya bank, which is creating a precedent and can make those who have initiated penalties against Russia to feel sorry about their decision.
The bank’s transition to using exclusively the rouble may prove the Russian currency’s viability and independence in world economy. “Russia, at its present stage of development, should not be dependent on foreign currencies; its
internal resources will make its own economy invulnerable to political wheeler dealers,” the action’s organizers said. The Russian joint-stock bank, AB Rossiya, decided on Friday that it would work only with the national currency to protect
its customers from dishonest actions by foreign financial institutions. “In order to protect the bank’s customers from dishonest actions by foreign financial institutions AB Rossiya has decided to operate only in the domestic market and
exclusively with the national currency of the Russian Federation – the rouble,” AB Rossiya said in a statement released on Friday. “The bank has already notified some U.S. banks that it is closing its correspondence accounts. Similar
notifications have been sent to other foreign financial institutions,” the bank said in its statement. Despite changes in its work, AB Rossiya will continue meeting its commitments to clients and partners. “The bank will fulfill its
commitments on time and in full volume. The bank does not need financial support for its current operations, including from the state regulator,” AB Rossiya said. The Visa and MasterCard international payment systems stopped servicing the plastic cards
of four Russian banks, including AB Rossiya, on March 21 because of their links to sanctioned Russian businessmen included in the United States black list. The bank Rossiya’s decision to give up foreign currency and start working exclusively with
the Russian rouble is a step forward towards converting the Russian economy and banking sector to national currency, Andrei Kostin, the VTB bank president, said in an interview with the Russia 24 TV news channel commenting the decision of bank Rossiya to operate
only in the domestic market and exclusively with the Russian rouble. “We have been moving towards wider use of the Russian rouble as the currency of settlement for a long time. The rouble became fully convertible quite a long time ago. Unfortunately,
we have seen predominantly negative consequences of this step so far revealed in the outpour of capital from this country. The influx of foreign investments into Russia has been speculative and considerably destabilizing to our stock markets,” Kostin
went on to say. The VTB chief said that Russia should sell domestic products – from weapons to gas and oil – abroad for roubles and buy foreign goods also for roubles. “Only then are we going to use the advantages of the rouble
being a foreign currency in full measure,” Kostin said, adding that AB Rossiya would form a vital part of the Russian banking system and would closely cooperate with other Russian banks, which would also expand the rouble’s use in settlements.
“A new imperative motive has appeared for that now,” the VTB chief stressed. “I believe that other credit institutions, enterprises and citizens will be interested in working with bank Rossiya,” Kostin said in conclusion.
The 10 corporations that control almost everything you buy
This chart, called ‘the illusion of choice’ shows how big corporations create a chain that begins at one of 10 super companies. Next time you buy something at the super market keep in mind that ‘price competition’ between
brands may be mostly a fiction – in reality just a few conglomerates control most of what is supplied. As an example 200
billion-corporation Nestle — famous for chocolate, but which is the biggest food company in the world — owns nearly 8,000 different brands worldwide, and takes stake in or is partnered with a swath of others. Included in
this network is shampoo company L’Oreal, baby food giant Gerber, clothing brand Diesel, and pet food makers Purina and Friskies. Read more at http://realitypod.com/2013/12/the-10-corporations-that-control-almost-everything-you-buy/#LBCsaHd3pJL9mYxA.99
Nya Ekonomiska Systemet
Kapitalismen avslöjad! Den gigantiska bankbluffen – ett enastående politiskt och ekonomiskt bedrägeri I min
trilogi får du veta hur mänskligheten har lurats under århundraden av bankvärlden in i en fälla som denna mänsklighet inte kan ta sig ur utan hjälp. Alla, från enskilda individer till hela nationer, är i klorna
på banksystemet och en kapitalistisk ekonomi som är helt onödig, ja, rent destruktiv. Jag visar på vägen ut ur detta underminerande ekonomiska system, och hur man bygger upp ekonomier där alla har tillgång till
pengar i en sann demokratisk anda, alla till gagn. http://www.youtube.com/watch?feature=player_embedded&v=9GjGimn6Z84
Milliardbøter til banker for rentemanipulasjon
http://e24.no/boers-og-finans/milliardboeter-til-banker-for-rentemanipulasjon/22656472 Seks storbanker er ilagt bøter
på 14 milliarder kroner for rentetriksing i London, Tokyo og Europa. EU-kommisjonen bøtelegger bankene for å ha manipulert rentene som styrer lån mellom bankene i flere finansmarkeder. Bankene som bøtelegges
er Citigroup, Deutsche Bank, Royal Bank of Scotland, JPMorgan, Société Générale og RP Martin. Det samlede beløpet er på hele 1,7 milliarder euro, eller drøyt 14 milliarder kroner etter dagens kurs.
Dersom beløpet blir stående, er det den største kartellboten som noensinne er ilagt av kommisjonen, som er EUs konkurransemyndighet. Dette kom frem av en pressemelding som EU-kommisjonen sendte ut tidligere
i dag. - Kartellvirksomhet Nøkkelrentene som er omfattet av saken er interbankrenten i London (Libor), og de tilsvarende rentene i Tokyo og euroområdet. Disse brukes i prissettingen av verdipapirer for tusenvis av milliarder
kroner, alt fra boliglån til derivater i finansmarkedene. I motsetning til tidligere etterforskninger av bankene kalles samarbeidet dem imellom rett ut for «kartellvirksomhet», heller enn «markedsmisbruk». - Det
som er sjokkerende med Libor og Euribor-skandalene er ikke bare manipulasjonen av nøkkelrentene, som finansmyndigheter verden over nå tar tak i, men også samarbeidet mellom bankene som egentlig skal konkurrere med hverandre, sier Kommissær
for konkurransepolitikk Joaquín Almunia i EU-kommisjonen i pressemeldingen. - Dagens avgjørelse sender en klar beskjed om at kommisjonen er fast bestemt på å bekjempe og sanksjonere disse kartellene i finanssektoren,
sier han. 7 milliarders-bot til DB I denne omgang ser kommisjonen på to separate karteller - det ene gjelder verdipapirer for euro, det andre verdipapirer for yen. Deutsche Bank, som ifølge EU-kommisjonen har deltatt i begge
disse kartellene, får den desidert største boten. Den er på hele 725 millioner euro, eller i overkant av 6 milliarder kroner. Flere av de andre bankene har fått ulike strafferabatter for å innrømme skyld og bistå
med informasjon. 100 prosent strafferabatt Av de åtte bankene som er etterforsket i denne omgang, har to av dem unngått bot selv om de har deltatt i et av kartellene. Barclays, som var den første banken
som varslet fra om kartellvirksomheten, får 100 prosent strafferabatt. Dermed unnslipper de en bot på hele 690 millioner euro, eller om lag 5,7 milliarder kroner. UPS unngikk også bot etter å ha varslet om Yen-kartellet.
JPMorgan har nektet å godta boten de er idømt, på 79 millioner euro. - Mye arbeid igjen
Almunia varsler samtidig i en pressekonferanse i dag at banketterforskningen er langt fra over. - Vi har
mye arbeid igjen å gjøre, sa Almunia på pressekonferansen, ifølge BBC, som senere tilføyde
at «dette ikke er slutten på historien». På spørsmål om han hadde endret synet på storbankene de siste årene svarte han: - Jeg er ikke den eneste som siden begynnelsen av finanskrisen, har endret
mitt syn på hvordan finansielle institusjoner oppfører seg i markedet. Det gjelder ikke alle, men det gjelder noen, svarte kommisæren. Bøtelegges av andre land Myndigheter i flere land har allerede bøtelagt
flere av storbankene. Totalt har myndigheter i ulike land utstedt bøter på over 22 milliarder kroner til bankene UBS, RBS, Barclays, Rabobank og meglerhuset ICAP. Sju enkeltpersoner risikerer også straffereaksjoner.
World Bank Whistleblower: All Currency Is On The Brink Of Collapse
by Gregg Prescott, M.S. www.in5d.com www.BodyMindSoulSpirit.com www.HolisticCancerResearch.com
World Bank Whistleblower and lawyer, Karen Hudes, affirmed that ALL paper currency is on the brink of complete collapse, as world leaders are scrambling to make the transition into a new currency as smoothly and quickly as possible. Hudes made these
statements during an interview with Project Camelot's Kerry Cassidy. After working for 20 years in the legal department for the World Bank, Hudes decided to blow the whistle after discovering numerous cover-ups along with a nefarious plot culminating in World War III. One of her discoveries involves
the manipulation of the stock market. "The entire stock market is totally gamed because what they have done is they have taken the same directors (of the groups that have dominated the stock market) and they have put them on the board. So that's how
you had this collusion on the LIBOR interest rate." Since blowing the whistle on the World Bank. Hudes affirmed that those in control of the World Bank, board members of the stock exchange and the Federal Reserve have been in panic mode in recent days.
"This system only thrives in secret and the cat is out of the bag. At the moment, they are scurrying around like cockroaches." Hudes information comes right after an astonishing revelation by Fortune 500 businessman, Bix Weir, who stated all
debts will be forgiven as world leaders are scrambling to put together an asset based currency. see All Debt To Be Erased Within The Next Few Months Those who control the money
are trying to start World War III, according to Hudes, because the banksters always win during times of war. She added their main plot is to keep us in subservience...mer: http://www.in5d.com/world-bank-whistleblower.html
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