The Collapse of the Western Fiat Monetary System may have Begun. China, Russia and the Reemergence o

Discussion in 'General Discussion' started by Ganado, Jul 12, 2016.

  1. Ganado

    Ganado Monkey+++

    On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the last couple of years. Nobody in the western media talks about it. Why would they? – A western reader may start wondering why he is constantly stressed by a US dollar based fiat monetary systems that is manipulated at will by a small elite of financial oligarchs for their benefit and to the detriment of the common people.

    In a recent Russia Insider article, Sergey Glaziev, one of Russia’s top economists and advisor to President Putin said about Russia’s currency, “The ruble Is the most gold-backed currency in the world”. He went on explaining that the amount of rubles circulating is covered by about twice the amount of gold in Russia’s Treasury.

    [​IMG]In addition to a financial alliance, Russia and China also have developed in the past couple of years their own money transfer system, the China International Payment System, or the CIPS network which replaces the western transfer system, SWIFT, for Russian-Chinese internal trading. SWIFT, stands for the Society for Worldwide Interbank Financial Telecommunication, a network operating in 215 countries and territories and used by over 10,000 financial institutions.

    Up until recently almost every international monetary transaction had to use SWIFT, a private institution, based in Belgium. ‘Private’ like in the US Federal Reserve Bank (FED), Wall Street banks and the Bank for International Settlements (BIS); all are involved in international monetary transfers and heavily influenced by the Rothschild family. No wonder that the ‘independent’ SWIFT plays along with Washington’s sanctions, for example, cutting off Iran from the international transfer system. Similarly, Washington used its arm-twisting with SWIFT to help Paul Singer’s New York Vulture Fund to extort more than 4 billion dollars from Argentina, by withholding Argentina’s regular debt payments as was agreed with 93% of all creditors. Eventually Argentina found other ways of making its payments, not to fall into disrepute and insolvency.

    All of this changed for Argentina, when Mauricio Macri, the new neoliberal President put in place by Washington, appeared on the scene last December. He reopened the negotiations and is ready to pay a sizable junk of this illegal debt, despite a UN decision that a country that reaches a settlement agreement with the majority of the creditors is not to be pressured by non-conforming creditors. In the case of Argentina, the vulture lord bought the country’s default debt for a pittance and now that the nation’s economy had recovered he wants to make a fortune on the back of the population. This is how our western fraudulent monetary system functions.

    China’s economy has surpassed that of the United States and this new eastern alliance is considered an existential threat to the fake western economy. CIPS, already used for trading and monetary exchange within China and Russia, is also applied by the remaining BRICS, Brazil, India and South Africa; and by the members of the Shanghai Cooperation Organization (SCO), plus India, Pakistan and Iran, as well as the Eurasian Economic Union (EEU – Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan). It is said that CIPS is ready to be launched worldwide as early as September 2016. It would be a formidable alternative to the western dollar based monetary Ponzi scheme.

    The new eastern monetary sovereignty is one of the major reasons why Washington tries so hard to destroy the BRICS, mainly China and Russia – and lately with a special effort of false accusations also Brazil through a Latin America type Color Revolution.

    In addition, the Yuan late last year was accepted by the IMF in its SDR basket as the fifth reserve currency, the other four being the US dollar, the British pound, the euro and the Japanese yen. The SDR, or Special Drawing Right, functions like a virtual currency. It is made up of the weighted average of the five currencies and can be lent to countries at their request, as a way of reducing exchange risks. Being part of the SDR, the yuan has become an official reserve currency. In fact, in Asia the yuan is already heavily used in many countries’ treasuries, as an alternative to the ever more volatile US dollar.

    It is no secret, the western dollar-led fiat monetary system is on its last leg – as eventually any Ponzi scheme will be. What does ‘fiat’ mean? It is money created out of thin air. It has no backing whatsoever; not gold, not even the economic output generated by the country or countries issuing the money, i.e. the United States of America and Europe. It is simply declared “legal tender’’ by Government decree.

    No pyramid scheme is sustainable in the long run and eventually will collapse. It was invented and is used by a small invisible upper crest of elite making insane amounts of profit on the back of the 99% of us. Since these elitists are in control of the media with their lie propaganda, as well as the warmongering killing machine, US armed forces, NATO, combined with the international security and spy apparatus, CIA, MI6, Mossad, DGSE, the German Federal Intelligence Service (BND) and more, we are powerless – but powerless only as long as we ignore what’s really going on behind the curtain.

    Our western monetary system is based on debt has all the hallmarks of a failing global monster octopus. The US banking system was deregulated in the 1990’s by President Clinton. The European vassals followed suit in the early 2000’s. About 97% of all the money in circulation in the western world is ‘made’ by private banks by a mouse click in the form of ‘loans’ or debt. Every loan a private bank hands out is a liability on that bank’s books; a liability that bears interest, the key generator of the banks’ profits. Profit from thin air! No work, no production, no real added value to the economy.

    If and when the banks within this web of debt begin recalling their outstanding liabilities, they may set a non-stoppable avalanche in motion – leading to a chaotic end of the system. This end-run may have just begun. We have seen a gradual build-up since the end of WWII with the armament of the Cold War farce, and a high point with the manufactured sub-prime crisis of 2007 / 2008 / 2009, prompting an artificial and endless global economic crisis which may come crashing down in 2016 / 2017.

    The damage may be humongous, leaving behind chaos, poverty, famine, misery – death. With the invisible ruling elite having cashed in, remaining on top and being liable to start again from scratch. – If we let them. It always boils down to the same: An uninformed people can be manipulated at will and is left in awe when hit by unexpected events, like acts of terror by bombs or banks.

    Let us be crystal clear – we are all uninformed as long as we listen to and believe in the mainstream media – which are controlled by six Anglo-Zionist media giants, feeding the western public with 90% of the information, the so-called ‘news’ that we consume so eagerly every day; the barrage of lies that repeat themselves in every western country every hour on the hour – and, thus, become the truth. Period.

    We must get out of our comfortable armchairs, listen to that innermost spark in the back of our minds, telling us against all avalanches of lies that there is something wrong, that we are being fed deception. We have to dig for the truth. And it is there – on internet, on alternative media, like Global Research, Information Clearing House, VNN, The Saker, NEO, Russia Today, Sputnik News, PressTV, TeleSUR – and many more credible sources of truth-seekers.

    Back to the impending collapse. – The ground rules for our pyramid monetary scheme have been laid in 1913 by the creation of the FED. Again, the FED is an entirely private, Rothschild dominated banking institution that serves as the US Central Bank. It is the omnipotent dollar making machine. It was fraudulently and secretly conceived in 1910 on Jekyll Island, Georgia, and described by Jekyll Island history (Federal Reserve System, Jekyll island, History, Aldrich Plan, J. Pierpont Morgan, Historical, Dr. A. Piatt Andrew, Henry P. Davison, National City Bank, Frank A. Vanderlip, Kuhn, Loeb, Co., Paul M. Warburg, Nelson W. Aldrich ) as the “duck hunt” which

    “included Senator Nelson Aldrich, his personal secretary Arthur Shelton, former Harvard University professor of economics Dr. A. Piatt Andrew, J.P. Morgan & Co. partner Henry P. Davison, National City Bank president Frank A. Vanderlip and Kuhn, Loeb, and Co. partner Paul M. Warburg. From the start the group proceeded covertly. They began by shunning the use of their last names and met quietly at Aldrich’s private railway car in New Jersey.”

    The concoction of these secretive “duck hunters” became in 1913 the privately owned Rothschild dominated Federal Reserve System, the US central bank by deceit.

    After signing the FED act into existence, President Woodrow Wilson declared,

    “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

    The Anglo-Saxon system had a central bank in England since way back in 1694. It was then already controlled by the Rothschilds, as was the entire banking system. Baron Nathan Mayer Rothschild once declared:

    “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain’s money supply controls the British Empire, and I control the British money supply.”

    [​IMG]The Rothschild family’s fortune cannot be properly estimated, but it must be in the trillions. What Baron Nathan Mayer Rothschild may have said some 300 years ago, still holds true to this day.

    No wonder, breaking loose of this sham monetary scheme is number one priority of most countries that treasure sovereignty, autonomy and freedom, though they do not dare say so openly, lest the empire lashes out at them punishing them with the very financial terror they want to escape from. And lashing out at the unaligned world the empire does, like a dying beast, attempting to pull with it much of the living world into its own shoveled grave.

    Is it therefore coincidence or a rather a purposefully planned convergence of several events as a last ditch effort first to ravage then to salvage as much as possible before the collapse?

    On 10 April, Zero Hedge reports “Austria Just Announced A 54% Haircut of Senior Creditors in First “Bail In” Under New European Rules”. The Austrian “bad bank”, the failed Hypo Alpe Adria, that became Heta Asset Resolution AG after the government’s nationalization, found a US$ 8.5 billion hole in its balance sheet, enough to trigger the new European ‘bail-in’ rule. Is it coincidence that also in Austria a major bank failure triggered the Great Depression also on a 10th of April – in 1931? – This is a first in Europe. Be prepared for others to follow, as over-extension of European banks is estimated in excess of a trillion dollars.

    On 15 April, the New York Times reported that – Five of Wall Street’s eight largest banks are in defiance of the US banking regulator. The FED and FDIC said that “JP Morgan, Chase, Bank of America, Wells Fargo, State Street and Bank of New York, all lacked ‘credible‘ plans to enter bankruptcy in the event of a financial crisis.” These banks have until October 2016 to comply. Under the new rules a tax-payer bail-out would be unlikely. Hence ‘bail-ins’ could affect millions of depositors and shareholders, their funds being stolen in order to self-rescue the too-big-to-fail banks. After all, non-compliance with the regulator’s requests, or insolvency, can easily be manufactured as a legal base for stealing common people’s savings. No worries, the TBTF banks will not go away, but your savings may.

    The CIA released Panama Papers (for who still doubts about the CIA involvement in the release of the Panama Papers,

    read here The Panama Papers: The People Deceived | New Eastern Outlook),

    aimed in a most rudimentary way at defaming the ‘usual suspects’, Presidents Putin and Assad, as well as Iran, Venezuela, Brazil, of course – and others. Strangely no notable EU or US citizens or corporations were on the list. Would anybody seriously believe that Mr. Putin, a former KGB agent, would be so ignorant as to putting his fortune (even if he had any to hide) into Panama, the epitome of a US puppet state, where you can’t flush a toilet without Washington knowing it?

    Some token neocons appear in the published papers, like Argentina’s new ‘Washington appointed’ President Mauricio Macri, who is running amok ruining his country. Within less than four months he has rolled Argentina’s economy back by ten years, raising poverty from below 10% in November 2015 to 34% by the end March 2016. The Empire needs him to keep gradually turning Argentina into chaos, however not too quickly, lest he may be ‘deposed’ and replaced by a US adversary – that would not at all be appreciated in Washington. For the types of Macri that made it on the list, the Panama Papers are a warning signal to keep them in-check.

    [​IMG]The publication of the Panama Papers may also be an incentive for US citizens and corporations to bring home trillions of undeclared dollar holdings stacked away in overseas tax havens into homeland financial shelters like those in Delaware, Wyoming, South Dakota and Nevada, thereby helping strengthen the gradually decaying dollar.

    Simultaneously, some European countries and Japan introduced negative interest rates, so as to increase monetary liquidity, thereby hoping stimulating an ever stagnant economy. That’s the pretext. In reality however, negative interests are but a precursor to a wholly bank controlled financial system. Normally ‘bail-ins’ and negative interest would cause a run on the banks. This has not happened yet.

    In Switzerland, one of the first countries to introduce negative interests, the Swiss National Bank reported that the demand of the 1,000 franc notes – one of the world’s highest value denominations (apparently to be maintained despite ECB Draghi’s call for elimination of high denomination bank notes) – increased by 17% (by CHF 4.7 billion – US$ 4.85 billion) in December 2014, the month following the introduction of negative interests. May it be an indication that the Swiss have quietly started hoarding big-denomination cash?

    Future hoarding and runs on the banks will be countered by the introduction of a cashless society, i.e. all monetary transactions will gradually become electronic. The process has already begun. In Sweden and other parts of Europe, as well as Japan, cashless supermarkets and department stores claim big success, especially with the young consumers, who happily play along paying electronic cashiers by swiping their cell phones in front of an electronic eye.

    The Young and Innocent – if they only knew that the banking oligarchs want to control their money and enslave them with a ‘fun gadget’, they may decide to resist. But well know those who control the system that the young are the drivers of the future. We, the old resistance will eventually die out. Problem solved. – But we are not dead yet. The Times are A-Changing… (Bob Dylan, 1964).

    The nefarious trio – ‘bail-ins’, negative interests, and a cash free society – will make living in the industrialized ‘first world’ a sheer nuisance, a stressful dance on toes, as the emperor’s proverbial Damocles Sword hangs intimidatingly above us.

    [​IMG]Washington may have one last joker up its sleeve – reintroducing the ‘gold standard’, the very gold standard that Nixon abandoned in 1971. The US have also been accumulating huge amounts of gold over the past 25 years. A new US dollar gold standard would most likely be set at a ratio that would wipe out all US debt, including future ‘unmet obligations’ (GAO – General Accounting Office) of about US$ 125 trillion. It would attempt to keep the western industrialized world in Washington’s orbit, but might lose most of the developing world owning natural resources coveted by the west. These countries oppressed and colonized for centuries are likely to gravitate to the new China-Russia alliance – leaving the outsourced and outwitted west alone without workforce – and with a massive but outdated military power.

    To counter the build-up of this criminal last ditch sham by the western Zionist banking czars, China and Russia have been preparing over the last few years an independent financial system, delinked from the US dollar and which now incorporates the BRICS, the SCO nations, as well as the Eurasian Economic Union. This association of countries and economies account for about half the world’s population and at least one third of the globe’s economic output; a fact totally ignored by the mainstream media, for obvious reasons. The Machiavellian sinking ship does not want its passengers to jump to safety.

    The 19 April 2016, announcement by China of its gold-backed yuan, no longer convertible into dollars, may just trigger an economic shift into the ‘eastern camp’. Many countries are wary and tired of western exploitation, enslavement, threats of sanctions, oppression and an ever present danger of invasion by the killing machine. The decoupling of the dollar by a third of the world economy may indeed open new horizons, creating new alliances, new hope for a more equal and just world.

    Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He writes regularly for Global Research, ICH, RT, Sputnik, PressTV, CounterPunch, TeleSur, The Vineyard of The Saker Blog, and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
  2. Ganado

    Ganado Monkey+++

    All the stuff happening in the US at the moment is a distraction for the changing of power and money from west to east. How 'aweful' things are in the usa is nothing compared to where we are going as a world power.

    Our elected officials have sold us out and there isnt anything we can do but survive. Italy had a run on banks 2 days ago but it isnt highly published in the USA papers.

    Might consider stashing some cash if you haven't already.
    Motomom34, Gator 45/70, duane and 2 others like this.
  3. Oltymer

    Oltymer Monkey++

    What came to my mind as I read this was The Battling Bastards of Bataan, no mama, no papa, no Uncle Sam. Italy and Deutch Bank, have started the economic collapse, ATM's in Italy were stripped bare yesterday. Fiat money is a Ponzi scheme, and it's time to pay the piper, welcome to the 3rd world boys and girls.

    Seems we're in the same boat those boys were in 1942, abandoned with little hope. On the brighter side, some of them refused to surrender, and fought on against Imperial Japanese forces until MacArthur returned in 45. Who's going to return for us? I guess we'll have to pull ourselves up by our own bootstraps in good American fashion, and we can do it, if we all pull together.
    MountainMariner likes this.
  4. 3M-TA3

    3M-TA3 Cold Wet Monkey

    Sounds like we will have the cash equivalency of Wiemar Republic DM's, so liquidation for goods, commodities, junk silver or gold would be in order.

    On the bright side I will be able to pay off my mortgage with pocket change once hyper inflation hits, and with food increasing 50% over the last year we may not be far off.

    Seems my wife was right all along to immediately spend every dollar as soon as it was deposited...
  5. MountainMariner

    MountainMariner Clearly Ambiguous

    Intermission music:

  6. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    Stash cash? I think you meant buy gold or rubles or even yuan. But, I cannot agree with this statement "Washington may have one last joker up its sleeve – reintroducing the ‘gold standard’, the very gold standard that Nixon abandoned in 1971. The US have also been accumulating huge amounts of gold over the past 25 years." I believe that is not true. I believe there is no gold and, in fact, remember not so long ago Germany asked for their Gold back which, for whatever reason, we had and it took us a few years to get it to them. Reintroducing the gold standard would be a slick trick but I don't think they/we got the gold to do it.

    I missed China going to the gold standard...Are they really on a Gold backed yuan now, a true Gold standard? Seems I can't get a real answer with my queries. But, it seems that both Russia and China while having lots of gold don't appear to be on a gold standard...yet. But, this does explain why both of the countries have been accumulating it. My problem with Russians is you can't believe a damn thing they tell you so when Putin says," ...the ruble is the most gold back currency in the world..." - well - he lies as good as Obama, actually better!

    So, here we are...what to do? And, how long do we have? The most difficult piece of the puzzle is getting real and honest information so one can make an informed decision. I need more information but in the meantime I think I will purchase some gold coins.
    nathan likes this.
  7. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    The more I think about this the more it is plain as day that the first country to go to a gold standard seems to me will take over as the world currency... which has serious repercussions.
  8. Ganado

    Ganado Monkey+++

    @Bandit99 the goal is to move off of US dollar as the primary trading platform for oil. they are trying to kill the petrodollar and move away from fiat currencies
    Motomom34 and Cruisin Sloth like this.
  9. oil pan 4

    oil pan 4 Monkey+++

    If the gold standard is reintroduced the gold/USD relationship will look something like 1toz/$3,000USD.
  10. Bandit99

    Bandit99 Monkey+++ Site Supporter+

    @Ganado "the goal is to move off of US dollar as the primary trading platform for oil." But, pretty much that replaces the US dollar as the international standard currency, right? Also, doing this, moving away from the fiat dollar, would immediate cause an increase in almost everything overnight for dollar holding countries/people...and probably would degrade the dollar badly, real badly. A fiat dollar cannot compete against a gold back currency. Sooooo...why hasn't Russia or China or together gone to a gold standard? I suppose I understand China's position since they are tied to us at the hip but Russia? If Putin indeed has 2X the gold to back up every ruble then why not go to that standard and destroy the dollar? I hate economics! It's all Black Magic!

    @oil pan 4 "If the gold standard is reintroduced the gold/USD relationship will look something like 1toz/$3,000USD."
    If the gold is still there... Lots of people seem to think it isn't. Hasn't been an audit done by anyone but the Fed Reserve in a long, long while.
  11. Ganado

    Ganado Monkey+++

    two things, the 'Official' legislated price of gold is $32. That has not changed. Don't ask me what this means but it is a law that is still on the books from the Nixon era.

    You are correct the price of goods and services will increase dramatically. The thing to remember is the Chinese and the Russians can't tank the usa completely because we are their biggest consumers of cheap goods. So they have been taking us down slow with stock market and bond swings over the last year as they dump their US dollars (USD).

    Russians have been sold the uranium rights in the USA and the chinese own lots of property in the USA, its been a buyers market as they use their USD to purchase hard assets in the USA. That way when the USD goes in the toilet, then they don't lose all of their wealth.

    The US has controlled oil trading since the beginning because we convinced the Saudi's to trade all oil in USD. That has been the source of our strong dollar for years. Now some trades are being done in other currencies.

    the USA can't be tanked all at once because we would take the world with us. Would be the biggest global recession of all time. So they are taking us down in increments.

    If you read Bix Wier's stuff he maintains gold and silver are artificially low because the US mint is buying and stocking gold and silver so that the new TRN's treasury reserve notes will be asset backed. At some point this year, all trading and settlement currencies will be asset backed. (assets include, gold, silver, other precious metals, oil, mineral deposits, mines, think coal and soros here, as well as land such as BLM, National Parks etc)
  12. oil pan 4

    oil pan 4 Monkey+++

    That way the next time they confiscate everyones gold they only pay you $32 per ounce.
    Ganado and 3M-TA3 like this.
  13. Ganado

    Ganado Monkey+++

  14. 3M-TA3

    3M-TA3 Cold Wet Monkey

    It also allows them to shift us to a new US currency with $1 Hillabux = 1/32 ounce of gold. Lets say due to inflation we hit $3,200 per oz. Overnight your bank balance gets divided by 100 into Hillabux and you will need to exchange paper currency at a bank.

    They will need to do something to stop hyperinflation once we cross the knee. Otherwise we'll be able to pay off our mortgages with pocket change.
    Ganado likes this.
  15. Cruisin Sloth

    Cruisin Sloth Special & Slow

    When Petrodollar dissolves , gold value will NOT be 32.00 whatever !
    We have just had the pound float away ( And there are six pounds) .
    If you had / have a mortgage, your in the trap / basin of always paying interest etc.
    "pay off our mortgages with pocket change." is a total dream ..

    I live totally differently than south of 49 .
    Ganado likes this.
  16. Ganado

    Ganado Monkey+++

    The Golden Parachute
    Bix Weir


    [​IMG] Chapter 15 of "The Silver Lining" by Bix Weir
    From the Conversations with God...about Gold and Silver Series
    Book 4: The Silver Lining by Bix Weir

    Me: God, tell me more about the 1934 Gold Reserve Act and why it is still so important.

    God: The public was told it was enacted to secure the gold in the United States so it would stay in the country after the 1929 Stock Market Crash and the Great Depression that followed. Many Gold Bugs bring it up every time they are worried about gold confiscation by your Government.

    Me: But that was not the whole story was it?

    God: No, the truth behind the Gold Reserve Act was that it gave the US Government a way out of going deep into debt without selling off the gold reserves they were hiding in the Grand Canyon. The Act gave the US Treasury the legal ability to issue a massive amount of paper gold-backed bonds as secured by the Billions of ounces of gold that was found in the Grand Canyon in the early 1900's.

    Me: We've talked about the Gold in the Grand Canyon many times. I thought it hasn't been mined and was being saved for a "rainy day" when we have to return to a Gold Standard.

    God: That is true. The majority of the gold is still in the ground but some of it was also contractually swapped out at interest to countries around the world in exchange for their gold holdings.

    Me: Is that what all those 1934 Bonds that have recently been recovered was all about…swapping the Grand Canyon gold that was still in the ground.

    God: Yes.

    Me: But I thought all those bonds were believed to be fakes.

    God: That's what the Federal Reserve has told those that have tried to cash them in.

    Me: Is it true?

    God: No, not for most of the bonds. Most of these gold-backed bonds are genuine and the US Fed has reneged on their obligation to repay both the face value and the interest owed in gold.

    Me: But these bonds are so old. I don't even think there is anyone alive that knows what they are all about.

    God: That's the problem that those who are now trying to cash them in are facing.

    Me: But are these people that are attempting to cash them in the real owners of the bonds?

    God: No. Mostly they were stolen from governments that held the bonds or discovered in the secret caves in the Philippines that held Yamashta's Gold. There is so much confusion about who really owns these bonds that the Federal Reserve has been able to claim that NONE of them are legitimate, as they are not recorded on any modern day balance sheet.

    Me: How is that possible?

    God: The gold held in the Grand Canyon has been kept secret for over a hundred years. It has not been discussed in the mainstream media since first announced in the New York Times in 1912. It's been the coveted secret of the United States and the reason they were given permission for Gold and the US Dollar to become the World's Reserve Currency at the Bretton Woods Conference in 1944.

    Me: I always wondered why the US was given all that power by the rest of the world. We were still in the middle of WWII and nobody was sure who would emerge victorious still the US was given that power.

    God: There is always much more going on behind the scenes of any monetary meetings or agreements.

    Me: But what happened to the accounting issue for the earlier 1934 gold-backed bonds? How could the US sweep this issue under the rug?

    God: After winning WWII the US and the Federal Reserve took control of most of the world's monetary systems and procedures by creating the World Bank, the IMF, the BIS and ultimately the computer controlled SWIFT System that controls all transactions between central banks.

    Me: Interesting. So when the US took charge of everything related to banking we started to abuse the entire system by rigging markets and dishonoring agreements?

    God: Yes, and then when everything went digital in the 1970's there were massive omissions of data, documents and information.

    Me: I guess I never thought about that. Before computers everything was recorded on hand written ledgers and there was no way that countries could keep track of who owed what to whom.

    God: Yes, and the Federal Reserve and US Treasury were quick to sweep many of their promises under the rug during the transition to electronic money.

    Me: That's crazy stuff. Surely there were people who knew what was going on and were angry the US was reneging on their promises.

    God: Of course, but remember, with the invention of the atomic bomb the United States was now the ONLY big bully on the block. Every other nation in the world feared that if they made the US angry they would drop a nuclear bomb on their country and you would have nothing left to worry about. Everyone bowed down to the new monetary kings of the world.

    Me: That's so weird to think about. We really were the monetary masters of the whole world. But that's changing now isn't it.

    God: Yes it is. Those who controlled the United States used their massive monetary power to destroy nations and implement their own forms of government around the world. They have massively abused the privilege of holding the World's Reserve Currency and the rest of the world is now preparing for the collapse of the US Dollar as well as all other forms of un-backed fiat money.

    Me: But how can the US Dollar collapse while they still control the prices of all foreign exchange through their computer trading of trillions of dollars worth of FX derivatives?

    God: The US will not do anything they do not want to do. They control it all.

    Me: So how can the US Dollar collapse?

    God: The US wants the game to be over. They want to return to a more sound form of money. They want to return to their roots based in the US Constitution and the Bill or Rights. They want to come Home.

    Me: I see. And once we destroy fiat money we can use all the gold in the Grand Canyon and other hiding spots as our new form of Money.

    God: You mean your old form of money.

    Me: Yes, of course. We want to return to our monetary roots of using gold and silver as money. So now it's time to finally use that metal that we have hidden in the ground for over 100 years.

    God: Yes. It is time to move into The Golden Age.

    Me: And the US has this massive Golden Parachute we can give to the people to help us into the future.

    God: Exactly.


    To order the full book "The Silver Lining" click here:

    Book 4: The Silver Lining by Bix Weir

    May the Road you choose be the Right Road.
    The Golden Parachute
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