2014-03-07
Rothschild’s Federal Reserve: “The Dollar Is Our Currency And Your Problem”.
Vatic
Note: There is some very good history here
that I did not know about. How Bretton woods system got dismantled and
other interesting facts about gold and the US dollar and all the havoc it was
causing in Europe and around the world, as the reserve currency.
How petro dollars came about and much more. This is well worth the read
for serious foundational information necessary to understand what is truly
going on in the currency & precious metals world.
This also covers how all of this is going to be fixed and I was
surprised at the players that will be involved and what the new currency will
be. This is a most fascinating read for those enamoured of currency as I
am. And standing behind all this chaos is Rothschild, of
course. Read this incredibly good educational piece. As I
always say this is not fast food reading.
There are some sections here that were given to us, I believe,
either in Ignorance, or intentionally if the author is working for the
Globalists. You will see them below, and Putin is one of them. We
have done some blogs on the man and have speculated he is working for the
international bankers. We will see.... Time will tell. Here is
something, based on the cabals behavior, that I would like to speculate about
and see if it or part of it happens.
Rothschild has been selling massive amounts of gold and hoarding
the dollars used to purchase the stuff, and then he stores the physical gold
for the millionaire buyer, in his numerous warehouses. So my idea, weak
though it is, is "The dollar will continue to be the reserve currency,
only this time, for the entire globe."
It will be backed by the gold that Rothschild is hoarding, thus
he saves billions on the establishment of a "GLOBAL" reserve currency
and is already fully ahead of everyone else on the planet, in positioning
himself and his cabal. What does anyone think of that possibility?
I would like to hear any comments on this because it actually is the only thing
from his position that makes any sense.
Rothschild’s Federal Reserve: “The
Dollar Is Our Currency And Your Problem”.
http://politicalvelcraft.org/2014/03/03/rothschilds-federal-reserve-the-dollar-is-our-currency-and-your-problem/
by Lubricator,
Political Velcraft, 3/3/2014
For years now, the collapse of the dollar has been in the
cards. Recent developments show mounting pressure on the dollar’s reserve
currency status. With a major international deflation going on, the threat of
inflation through money printing is unreal. However, should the dollar’s
reserve currency status end, the repatriation of trillions of petro- and
eurodollars could lead to a strongly inflationary scenario.
The roles of a reserve currency are to finance international
trade and to function as a store of value for Governments. Until the second
world war it used to be the British pound, but with the demise of the British
Empire, the pound lost its international relevance and was overtaken by the
dollar.
This was formalized in the 1944 Bretton Woods system. All other
currencies were fiat currencies, but pegged to the dollar, which in turn was
pegged to Gold at 40 dollars an ounce and redeemable for international trading
partners.
New World Currency Designed To Prevent Counterfeiting By CIA
al-Qaeda Inductees.
The
Eurodollar
With the dollar as the reserve currency, the US had to export dollars. In the
early years after the war especially for Europe, the famous Eurodollars. This
sounds great: print money and buy whatever you like. But with the Gold window
it was also risky: overprinting could mean excess dollars would be exchanged
back to Gold, depleting US Gold reserves.
Decoupling
Of Gold From U.S. Currency Exploited By The Banking Mafia In London.
~ Click To Enlarge ~
Nixon Was The Beginning Of The Final Take Down NWO
Idea. (VN: I bet he means "Kissinger" since he ran the White
House during that time and that is when all the "China" initiatives
occurred, that we are now having trouble with.)
This was also a weakness that those annoyed
with American Hegemony could exploit. In 1967 the leftist press mogul
Jean-Jacques Servan-Schreiber penned a famous screed called ‘le défi Américain’
(the American challenge’), arguing Europe was being colonized economically by
superior American competition.
Ruby Nixon
France,
at the time, was run by de Gaulle, who never was impressed with
Anglo-American supremacy. He made a point of exchanging every dollar he could
lay his hands on as a means to undermine it.
In the late sixties the situation got badly out of hand because of the Great
Society and the Vietnam war, very costly projects that were deficit financed,
leading to serious inflationary pressures. Inflation that the US tried to
export, leading to an excess of dollars abroad. Especially the resurging
Deutschmark’s appreciation became untenable. The Europeans started pressuring
the US to fix its deficits, provoking the US Treasury Secretary John Connally
famous cry ‘the dollar is our currency and your problem’.
But the situation had become unsustainable and Nixon was forced to close the
Gold window to stop the depletion of US gold. This was the end of the
Bretton Woods system and from then on the major currencies were floated
freely in the international currency markets.
ROTHSCHILD EGOMANIAC HENRY KISSINGER.
The Petrodollar:
But it did not end the dollar reserve currency status, as
the Empire had been found another basis for it: they reached an agreement with
the House of Saud [Saudi Arabia], to accept only dollars for its oil.
The Sauds agreed to invest their dollar wealth on Wall Street, making the deal
even more powerful for the Empire. Saudi Arabia controlled OPEC and the dollar
was saved: international oil trading is financed with dollar only.
Since then we have been on an informal Black Gold standard,
known as the petrodollar.
This situation was better than before, because overprinting
of the dollar for international trade or to finance all sorts of Empire
projects could no longer be punished by depleting Gold reserves and would
result only in rising prices.
In the last decade the problem of over printing was solved by artificially
raising oil prices through the Peak Oil hoax, and ending Iraqi oil
production.
It must be understood that the Empire is not looking for
more oil production. There is so much oil in the world that should it be
drilled for freely, it would end the Money Power’s energy monopoly.
Even
today Iraqi oil production is not even half of what it was before 1991. With the
Western Oil companies now in charge, it will most likely never fully recover.
By raising the price for oil, the oil market has mopped up excess dollar supplies, which are now needed for the oil trade. As a result, the dollar has remained relatively stable in its value. Of course, it fits well with the agenda of decapitating the middle classes and under this agreement higher oil prices also means ever more oil profits invested in Wall Street.
Of course, the great boon of this for the [Rothschild] Empire is that it can pay with worthless paper for real goods. It can eternally finance a major trade deficit. Austrian Economic’s Capitalism vs Keynesian Economic’s Communism.Trade deficits are incorrectly understood as problematic.
From a nation’s point of view, the goal of trade is not to export, but to import. We export to give back for what we need from others. If you run the reserve currency, you don’t need to export as much as you import, because you can partially finance your imports with money printing. For all other nations this is impossible and trade deficits are lethal in the long run, as it leads to net capital outflow.
But the US [Rothschild] Empire is in trouble.
Its infrastructure is crumbling, its manufacturing base gone, it’s badly over extended. It needs ever more virulent threats to coerce the nations into dollar submission and just like Connally failed in 1971, the US is failing today.
The Money Power is done with, the Empire, the dollar, and it is moving to the next phase. The dollar will have to step back and we are seeing a realignment.
By raising the price for oil, the oil market has mopped
up excess dollar supplies, which are now needed for the oil trade. As a
result, the dollar has remained relatively stable in its value. Of course, it
fits well with the agenda of decapitating the middle classes and under
this agreement higher oil prices also means ever more oil profits invested in
Wall Street.
Of course, the great boon of this for the [Rothschild] Empire is that it can
pay with worthless paper for real goods. It can eternally finance a major trade
deficit. Austrian Economic’s Capitalism vs
Keynesian Economic’s Communism.
Trade
deficits are incorrectly understood as problematic.
From a nation’s point of view, the goal of trade is not to export, but to
import. We export to give back for what we need from others. If you run the
reserve currency, you don’t need to export as much as you import, because you
can partially finance your imports with money printing. For all other nations
this is impossible and trade deficits are lethal in the
long run, as it leads to net capital outflow.
But the US [Rothschild] Empire is in trouble.
Its infrastructure is crumbling, its manufacturing base gone,
it’s badly over extended. It needs ever more virulent threats to coerce the
nations into dollar submission and just like Connally failed in 1971, the US is
failing today.
The Money Power is done with, the Empire, the dollar, and it is moving to the
next phase. The dollar will have to step back and we are seeing a realignment.
The
new currency order
China is moving towards a Gold backed yuan that will be very powerful in the
international arena. Recently Australia, which is already completely dependent
on China, with 30% of its exports going there, is preparing direct
convertibility between the yuan and the Australian dollar, meaning they will no
longer use US dollar to finance bilateral trade.
This
means less US dollars are needed in its reserve currency role.
In 2001 Goldman Sachs executive Jim O’Neill invented the BRIC’s. South Africa was later added, representing Africa and emphasizing its globalist agenda.
Russia and China, as two powerful neighbors, obviously have long standing and important bilateral relations. But equally obviously, have little in common with Brazil, India and South Africa.
India and China are actually sworn enemies.
However, in 2009 they organized a first summit.
Just
a week ago we all of a sudden hear the BRICS are planning to open up a
competitor to the [Rothschild] IMF.
They’re still working out the details and it’s not a done deal yet, but the
move looks very serious.
And there is of course the euro, which, make no mistake, is in great shape.
True, Eurocrat legitimacy is suffering because of the euro crisis, even in
Germany the currency is losing support. But the euro crisis is purely for
internal consumption, to sucker the nations into surrendering budget
responsibility to Brussels.
The German police took off their helmets and marched with
the protesters- clearing the way for them.
This is the final frontier for a full blown EU federalist Super State. While the euro is deeply hated, this is not really a problem for the Money Power: it isn’t in this business to make friends and it does not mind a big fight.
It only fears real alternatives and these are nowhere to be seen. There is nobody proposing anything real, people are just letting off steam. Once they get their fiscal union, the crisis will quickly end. People have a short memory.
The euro was designed to be eventually backed by Gold and the ECB has enough of the stuff to be ready for the coming transition. (VN: Well, yes, they have tons of gold, why? They stole it from us through the federal reserve. Ft. Knox is empty, and that is why the fed did not want an audit of Ft. Knox., unfortunately I think he is right. Until the day comes, we will do nothing about it, until its too late.)
Conclusion
We are seeing the advent of the new currency order. There will be a number of
more or less equal blocks: a dollar zone, a Yuan/BRICS zone and the euro, with
the Yen and the Pound as lesser entities. These will later be able to converge
to even more ‘cooperation’, in the Money Power’s relentless march towards World
Currency.
These units will be at least partially Gold backed, implying long term
deflationary pressures.
Central Banks are buying Gold in major quantities, creating
the interesting question why Gold prices have not risen in the last 18
months. (VN: could it be because the gold with the Fed Reserve has
been stolen? We now know that Fort Knox is empty and the Germans were
unable to get their gold back, either.)
The problem for the United States will be to manage the transition. Trillions of dollars that will no longer be needed will have to be repatriated and this will lead to very strong inflationary pressures at home.
The American people will suffer for allowing Rothschild to
squat in the U.S. and control our currency, contrary to The U.S. Constitution.
It is unclear how the [Rothschild] Fed is going to deal with
that. It probably can’t.
Furthermore,
the US is probably in the worst of positions to deal with a new Gold
standard.
They claim to have 8,000 tonnes of Gold in Fort Knox, but
nobody really believes that.
The hyperinflation scare that the Austrians have been promoting because of
‘money printing’ is ridiculous:
we are in a stagflationary depression and
prices are rising because of speculation, not because of excess money. But when
the dollar loses its current status, long term price rises will become the
norm.
President Nixon toasting Chinese Premier Chou En-lai,
instead of protecting the gold standard.
The
Greatest Depression has only just started.
Afterthought
Here’s a highly recommended post by Roberts, the Assault on Gold. It
makes a plausible case for massive Fed bullion busting. As discussed in ‘why
is Gold not Rising?‘, the ascent of Gold was a carefully
orchestrated operation, but it probably got out of hand in 2011. Since then the
Fed has been very active on COMEX again.
With CB’s and market players buying massive amounts, it’s the only logical
explanation for stalling bullion. The fall of COMEX and the fall of the Dollar
are basically an evil twin, they will happen simultaneously and because of each
other.
Real Currencies
A
16 year veteran of the KGB Putin knows his way around [Rothschild] and a gun.
After his retirement in 1991 when the last communist leader Gorbachev was
removed, Putin rapidly rose to power and through Russian politics, became the
leader in one of the world’s largest nations.
This powerful photo of a student protestor and a police
officer crying has gone viral in Bulgaria.
Russia Central Bank
The Bank of Russia (Russian: Банк России)
or the Central Bank of The Russian Federation (Russian: Центральный
банк Российской Федерации) is the central bank of The Russian
Federation.
Its functions are described in the Russian
constitution (Article 75) and in the special Federal Law. The Bank of
Greatest Russia was founded on July 13, 1990, but traced its history to
the State Bank of the Russian Empire, which in honor of its 150th
anniversary issued a 5-kilo commemorative gold coin featuring Alexander
II in 2010.
Under Russian law, half of the Central Bank’s profit has to be channeled into the government’s
federal budget.
Rothschild doesn’t like this, don’t forget all debt to Rothschild was paid off
in 2006 by Putin and Rothschild has been trying ever since to get back into
exploiting Russia.
BIS
Bank for International Settlements instructed to block
disbursement of new computer-generated US dollars and Euros.
The G5′s new fake dollars and Euros are not being accepted
as legal tender outside the G5 (US, UK, Germany, France and Italy).
A joint development bank planned by the BRICS group of major
emerging economies will be officially launched in South Africa early 2013.
BRICS
converting the modus operandi of the Rothschild Fed.
BUT: Rothschild still has a few tricks up
their sleeve: BIS is in Basel, Switzerland, but remember, though Russia is
still a current member of the BIS, the BIS is tied down by Russia’s Constitution
Article 75.
These computer-generated “Quantitative Easing”
screen-numbers, conjured-up by élite keyboards at the US Fed and the European
Central Bank, are being blocked on the instructions of the 147-nation Monaco
Colloquium Group led by the BRICS (Brazil, Russia, India, China and South
Africa).
The Monaco Colloquium Group is also refusing to purchase any
more G5 bonds or financial products. The Chinese $47 trillion Lien in operation
against the US Treasury and the US Federal Reserve Board remains in place.
When Western capitalism finally collapses under the weight
of its own flesh-eating debt mathematics, and the long-planned democratic
régime changes in the G5 nations take place, new gold-backed currencies will
come on stream and universal debt forgiveness will be announced.
The attempt by G5 NATO-backed mercenary militias in “The
Syrian Civil War” to start a Middle East conflagration which draws in Iran,
Israel and Russia will fail. Designed as a Libyan-style destabilisation and
media-distraction, Russia, China and Turkey will prevent the fin de siècle NATO
war-mongering.
ΝΕΑ ΧΩΡΙΣ ΦΙΛΤΡΟ ΦΕΛΛΟΥ
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