. Is The American Dollar about to be abandoned as The World Reserve Currency ? Has an International agreement already been made to Dump the Dollar ? and if it has, when will the ramifications of this agreement hit your bank For years now there have been warnings and prognostications that the demise of the American Dollar is being planned and engineered by the "Powers That Be" who are promoting what has been commonly called the NWO (New World Order) - Are these plans about to come to fruition ? Has Obama betrayed the USofA at the G-20 summit held in Hangzhou, China on SEPT. 4-5. At that summit, it is said that, the nations agreed/pledged to dump the US dollars as the World’s ........................................................................................................................ Reserve Currency. This secret agreement was called the “ShanghaiAccord ”, it is an agreement to crash our dollar. Other world leaders at the summit incl. Angela Merkel, Putin, Turkey’s Erdogan, & the PM of Australia. Also attending were leaders from the WTO, World Bank, the IMF, and the UN. They are going to need an awfully big Toilet to flush all that, created out of thin air Fiat Dollar Toilet Paper ..................................................................... that YOUR FED has been happily printing by the Train Load ! ..................................................................... to finance your Wars, Regime Changes & to buy Politicians from all over the World to further their agenda Unfortunately any assets that most people have, are Assets that are held in this, what will fast become, .................................................................................................................................. Worthless Pulp Looks like the Economy is gurgling & bubbling and getting ready to BACKUP all over the floor of the average American ------------------------------------------------------------------------ Just remember, when things do go SOUTH - They were planned to go SOUTH - The Sheeple had best become AWARE of WHO their real enemies are, and stop being manipulated, divided and polarized to fight among themselves - After the Shears - Out comes the Knife ! ------------------------------------------------------------------------ Fritz Springmeier Just Announced He Has Inside Info The IMF Will Announce a New Global Currency on Sept 30th http://beforeitsnews.com/alternativ...new-global-currency-on-sept-30th-3415347.html Fritz Springmeier posted this on his Facebook page last night around 9:30pm Pacific time (on Wed night Sept 21st). My heart sank when I read it. Is this it? I know Fritz is no alarmist which is why I tend to believe this is serious. Get ready. In one hour Babylon will fall. Here is the text of his post: FRITZ SPRINGMEIER- “THIS IS IT. (21 SEPT ’16) This is the culmination of so many things I’ve written about in the past. I finally have a date to pass on, Friday, Sept. 30, 2016, (more specifically, perhaps late in the afternoon of the 30th for the IMF announcement.) (Before today, I thought it would be after Hillary was by voter-fraud & rigged voting made president.) I suggest you sit down while you read this. Insiders, who care more about their fellow humans, than the corrupt system they are part of, have whispered warnings about this. A few alert financial analysts like James Rickards have picked up on the Sept. 30th date & are warning people. Let me slow down and walk us through this financial watershed event. This kind of sudden destruction matches the prophecy of REV 18:8,10 (& PRV 6:15, ISA 30:13 & 1 THS 5:3). THE DOLLAR’S STATUS AS THE WORLD’S RESERVE CURRENCY, what some call the petrodollar. Because large deals between nations are done in dollars, it can be said that 85% of global transactions are done in U.S. dollars. I have explained many times that our dollar’s VIP status globally has allowed the U.S. to create as many dollars out of thin air that it wants without destroying the dollar’s value–inflating the supply of money is simply a global tax on everyone who holds dollars, and more dollars are held by foreigners overseas than by Americans. In other words, we have been getting a free ride. I have repeatedly discussed the moves behind the scenes to dethrone the dollar. Russia & China has been working behind the scenes to get the entire world to desert us. They have also been buying up high levels of gold. Now that moment that we have wondered about is actually upon us…the date is Sept. 30, 2016, when the IMF has plans to announce a “world money”. The IMF has been issuing low key statements about this new world currency. Additionally, hidden on its site is a 42-page blueprint entitled “Enhancing International Financial Security” which spells out in obtuse difficult to understand jargon that they are going to announce this new “world money”. This is the “global reset” that Christine LaGarde (hd. of the IMF & Illum.) has been talking about. When our dollar crashes, the IMF will run our economy like they have been doing to other 3rd world nations in debt. The Illuminati will directly run the show (all of America’s finances) through the IMF. Foreign central banks are preparing to ship their useless dollars back to the USA. WHAT DOES THIS MEAN FOR YOU?? Friday the 30th will come & go like all days for you. It will be like when the 9.0 Indonesia earthquake happened. The resulting tsunami took time before it hit Thailand and India. But things will fundamentally change that day. Dollars will be dumped for the new “world money”. It won’t be long before the stock market loses perhaps 60% of its value. Sell your stock now. The “world currency” (whatever they call it) will not be available to the common person, only the elite, although James Rickard has written a book: The Only Way to Own the New World Money. He has a way that people can access the new money through him. He has also written a book on this Sept. 30th event entitled: The Big Drop (2nd edit.) I have not seen the book myself. Rickard also puts out a periodical called “Strategic Intelligence”. After this global “reset” your 401K will go to 0. Gold and silver at some pt. will hold their value, so I highly recommend the actual metals…not paper receipts saying you have gold. As the Federal govt. slips into disaster, they may simply resort to stripping all bank accounts of whatever money they need. It is not out of the question, that they simply siphon off 5,000 of your $10,000 bank account. Understand, this is what is called financial martial law. Also bear in mind, the current state of affairs in America–many Americans are fed up & ready to revolt. (I get reports on how close people are to revolting.) Should the elections not happen due to financial martial law–then we may well see chaos from the crashing dollar, and revolt against our current status quo dictatorship. Perhaps the elite will actually get to use all that prepositioned U.N. military material. This is the end of America as we knew it. The globalists have no intention of letting Trump trump their globalist agenda with his nationalism. Their faked gig is up…Farrakhan and other black leaders are publicly endorsing Trump. Some of Hollywood’s stars are breaking ranks. The majority of polls are showing Trump ahead. (It’s so blatant that Hillary has little support, & they can only rig things so much.) This now is their plan: financial disaster for us for our rebellion, similar but worse from how they financially trounced the U.K. after the Brexit. BETRAYALS. Awake Americans have watched Obama disloyally dismantle and shred the Bill of Rights & the Constitution…so the awake community may not be surprised that he continued to betray America at the G-20 summit held in Hangzhou, China on SEPT. 4-5. At the summit, the nations agreed/pledged to dump the US dollars as the world’s reserve currency. This secret accord was called the “Shanghai Accord”, an agreement to crash our dollar. Other world leaders at the summit incl. Angela Merkel, Putin, Turkey’s Erdogan, & the PM of Australia. Also attending were leaders from the WTO, World Bank, the IMF, and the UN. As I mentioned a while back, only Japan & Columbia did not betray America this & last year. America has few genuinely loyal friends in foreign govt.s. Many are loyal to the secret world govt. WHAT THIS MEANS FOR THE ELITE. Illum. mbr. George Soros made billions off of the British pound crashing. Likewise, after 1929, J. Paul Getty made fantastic wealth during the depression. Recently, various billionaires are getting out of American $s and into gold. The various nations already have “swap lines” in place so they can dump their dollars. And for Obama, his loyalty has never been with America anyway…and he has secretly been a member of Subud (Susila Budhi Dharma), an Indonesian syncretistic spiritual movement (i.e. another vehicle for a one-world religion). The group has perhaps 10,000 members worldwide, incl. the Hawaiian state employee who filed Obama’s Hawaiian birth certificate. As readers may have heard of occultist Geo. Gurdjieff, it would be worthwhile to point out that many of Gurdjieff’s followers joined Subud. FINAL THOUGHTS. Over the years, I came to dislike “date setters”, but in this instance, I have to go with the evidence as I see it. To soften this message would leave me blood guilty for not warning of something I see about 10 days out. Last yr., I warned about the announcement the IMF would make about China’s currency receiving joint reserve currency status with the dollar. In the event, it happened just days after I said I expected it to happen–the media kept it very low key…not giving it the play it deserved. How will the media treat Sept. 30th’s announcement? I think they will report it, but not report the significance of it. They will let the nation be blindsided by its consequences. My megathoughts on all this: hey, someone had to live in these end times–it just happened to be us!!! Maranatha!!!” .
It wouldnt be a bad idea for US elites to do this. Think of the sugarbabies. They will be lined up around the block. The US economy will collapse and martial law will need to be called. US citizens will know what it is like to be third world citizens. And lets see liberalism control that. Martial Law can be called due to an Economic Emergency and an executive order exist for the state to take control of every part of the US economy. Democracy and the US Constitution would he suspended until the emergency has passed which could be years. There is no way to move to a supranational reserve currency without removing reserve status from the US citizens. The main oroblem is that US still have the worlds most powerful military and the US public are going to want to use it when reality sets in and they realize that it has heen the US military that has backed the reserve status and nothing else. Democracy would he suspended but there will still be many Americans pushing to use the military to get back Americans standards of living. No matter what happens USA needs propagandists that USA can trust going forward. Big picture people. People like me. Edit - Think of the liberal middle class sugarbabies. Semi-civilized slaves!!!!!
As the size and scope of the federal government grows, America becomes weaker. Our problems will only increase as we drift to the left in our politics. Eight years of Hillary would push us over the edge.
One of the other options is to widely promote a modern application of the Worgl, Austria local money experiment. http://www.whatcomwatch.org/php/WW_open.php?id=717
There is no realistic way to dump the dollar. The world will not return to a para gold standard or actual gold standard. What the world probably will do is eventually dump LIBOR
A city in Austria? Hitler created a rebel currency for all of Germany. Hitler was used his rebel currency to avoid paying Germany's massive debts. Rebel currencies are very dangerous because they can be used as financial weapons. Hitler was able to print his currency/currencies and they were legal tender in Germany but they could not be used for international trade - but Germany was able to achieve virtual autarky since they had access to most of the resources they needed and were able to produce what they needed themselves. Once the German economy had cheated and turned itself around some of Germany's allies did actually accept Hitlers currency in exchange for the goods. Germany may have turned their economy around and harnessed the production power of their people but they did it by cheating. China does a very similar thing by having a 'two-yuan' system. The Chinese are Grand Master level currency manipulators. A nation like modern Greece would be unable to achieve autarky and create a rebel national currency in modern times because they would not have access to enough oil for example - and if the international community refused to recognize or accept Greece's new currency - and they would - then Greece would be unable to import the goods that they need to keep their society from collapsing. There must be a central authority and order or the entire system breaks down. The Greeks have threatened to abandon the Euro but we want them to pay their debts in Euros - and would be unfair on every member of the global community if the Greeks were allowed to turn their economy around by moving to a new currency even if that was actually possible - which it is not. The Greeks must pay their debts. We also have a problem with nations like Iran and Russia getting around sanctions by international barter - and this is another example of why all international trade must be approved and regulated by a central authority. The same thing happened back with Saddam Hussein when we tried to put sanctions on him - Australian farmers ignored the sanctions and traded with Saddam. This was called the 'AWB oil for wheat scandal. There is a reason for the USD being the currency that was used in all international trade - clearly - but that system is breaking down now for many reasons. Another problem is China making direct trade deals with nations that bypass the use of the USD for international trade. China has made many of these agreements with many nations including my nation Australia. It used to be that central banks and corporations had to keep reserves of USD for international trade and this is still very much the case but because of the reasons I mentioned - illegal barter trading - and direct currency swap deals between nation - and many other reasons, the system is breaking down. We also have China, Russia and friends doing all they can to 'de-dollarize the world by setting up Bretton Woods analogues such as their own credit ratings agencies and their CIPS system and the 'NDB' development bank. Even before China decided to so brazenly attack the existing order we had South Americans and their so-called 'SUCRE'. The fact is that the global community is interdependent and there are no nations that can achieve economic independence because even the few nations that may be able to achieve food and resource security - the fact is that isolation/autarky is a dead end street and all nations need to be able to trade and be part of the global economy. Iran and Russia are certainly hurt by the sanctions that we put on them but until we have one currency for all global trade there will always be ways for rogue nations like Russia and Iran to get around international sanctions. We need one global currency so that we can punish leaders like Hitler, Saddam Hussein, Gadaffi etc - and nations like Russia, Iran, North Korea, China etc. We cannot allow nations or regions to have their own currencies that they can just issue themselves and that they can value themselves. I do not like the idea of these so-called local currencies because the local communities that are issuing these currencies are cheating in the very same way that Hitler cheated to turn the German economy around. Even today we have local currencies like the so-called Bristol Pound. - https://www.theguardian.com/local-government-network/2013/jun/17/bristol-pound-local-currencies Do you see what these pommies are doing? Have these Bristol pommies been reading Mein Kampf? This is exactly what Hitler did to get out of paying his debts isnt it? Do you see the problem with so-called 'local currencies' and why sensible authorities outlaw them? The SDR can work as an international currency but the problem is that the IMF and the international community in general are weak and they have been appeasing the Chinese. The Chinese cannot be trusted and the Chinese do not obey any rules on trade, not to mention international law. It is no good creating a new reserve currency if it is going to end up being controlled by the Chinese and Russians. The one world currency does not need to be American but we need to make sure that western elites have less control over the currency than the Eastern 'elites' of China and Russia and friends. This UBS stuff is no real solution. I am really not a fan of so-called 'cryptocurrency'. Of course we need to move to digital currency but the one world supra currency must be controlled by one authority and it must be issued by one authority based on real world information and the value based on real world information - not some ludicrous 'algorithm' like bitcoin - even if the central authority owns the algorithm. Its just utterly stupid. I know that 'libertarians' are idiots but I think the powers that be might be over-estimating the amount of people that are upset about currency being issued from a central authority - and underestimating how utterly stupid and unjustified and idiotic a system like 'bitcoin' is. I would like the powers that be to forget this silly 'decentralized' weak algorithm junk. It is stupid. You know it - I know it. There are plenty of ways to go. I like the parts of the Terra idea for the one world currency. What do you think of the Terra? [video=youtube;PmyzFsYEdco]https://www.youtube.com/watch?v=PmyzFsYEdco[/video] [video=youtube;8gSnVK_bAsk]https://www.youtube.com/watch?v=8gSnVK_bAsk[/video]
I didnt read the stuff above until now. HA! I have been writing about this stuff for years. I was an anti-US propagandist. But I know that Kissinger meets with the Chinese. I know that global elites are global elites at the end of the day. I am not really 'anti-American' I have just been trying to help. But yes I know all about this stuff. And this is pretty much what I have been 'warning' about. Warning about something does not make that thing happen.. But yeah, think about how awesome it would be if the US economy collapsed. It would be totally awesome. There will be sugar babies as far as the eye can see. And like I said - liberals will not be able to control it. Only conservative leadership will be capable of maintaining order and this is exactly what the masses will demand. And who will get the blame for collapsing the economy? Financially irresponsible and spastic liberals will get the blame not conservatives. It will only be conservatives that can fix things. And like I said - when the US economy is collapsed and the reason is because the US military was not allowed to maintain the empire and the US dollar - the American people will demand that the military be used to get back their standards of living that they are used to enjoying. And it will not be difficult to point the US military in the direction of the Middle East - and this will all be justified by the fact that America will end Sharia Law. And like Donald Trump says - USA has got to get paid for this stuff right? And the American people will want that. Financial martial law is exactly the way I have wanted it. It will be wonderful. The expectations of the public are too high and unsustainable. It must end. Look at National Debt and Unfunded Liabilities. It is the people themselves that are to blame and liberalism. The above article seems to think that liberalism can bring about globalization. It has to be conservatives not liberals. And this guy is pretty dramatic about - what the hell is he talking about anyway? Chinese inclusion in SDR? Oh yeah, big news.... Does he think people are retarded or something? The SDR is not going to be 'world money' or have reserve status any time soon is for sure. Should I buy some gold? The US economy does need to be collapsed. It will be awesome. As long as US elites hold the new reserve. US elites will become Gods.
US elites can collapse the US economy on purpose. Any time they like. If the US economy is collapsed - and it pretty much is right now - then the US controlled credit rating agencies downgrade the dollar and it collapses - and there is an alternative currency like the SDR for example that global elites/central banks/corporations can move to - then the American public are screwed. And why wouldnt US elites do this? It would make them more powerful than you could imagine. The American masses would not be able to access the new reserve and you would all be stuck with US dollars that are pretty much worthless after you lose the reserve status and you still have all of those trillions in national debt and unfunded liabilities to pay. US citizens would basically be third world citizens. And US elites would have you lined up around the block wanting a days work at some factory or whatever so you can feed yourselves - like wonderful China. And there would be sugar babies lined up around the block begging for a sugar baby contract from the elites that can access 'world money'. You think there are a lot of sugar babies now? Well just wait. Think about it. Why not move to a system where all domestic currencies are pretty much worthless compared to the supra currency that only global elites/wealthy will be able to access? It is not fair for one people - like Americans to have the reserve currency as a national currency anyway - and I am sure you are aware of the Triffin Dilemma. US consumers have basically lost their status of consumers of last resort anyway. It makes far more sense to spread the wealth. The global consumer can be consumer of last resort. The thing that will give elites the moral high ground in the move to a new reserve is that this will make it possible to transition to exchange rate parity for domestic currencies - so eventually the third world nations and the USD will be of similar value. This will make global standards for all workers of the international community possible - what we will be moving to is the Brotherhood of Man. Its not all about Americans you know. Get excited. The Brotherhood of Man! Obviously a transition to exchange rate parity for domestic currencies would take some time - and a lot of work - but I do not see why collapsing the USD is so difficult. US elites control it and US elites can collapse it. If it is in the best interest of elites, and the global economy to collapse it then it will be collapsed. What about Nixon Shock? Why did Nixon close the 'gold window'? See American elites were not even trying to collapse the USD then. If the credit ratings say the USD is no good then it will be dumped - especially if a new reserve currency is ready to move to. The SDR is ok with me but I think even better would be a One World Currency that is controlled by a supranational central bank above the domestic central banks ( not the IMF. What would be good is to merge the World Bank and the IMF with the NDB if China are cool - and then make it against international law for any other 'development banks' to exist ) - and the currency should be backed by multinational/supranational corporations. It would be backed by multinational corporations.
Your premise is faulty. The US dollar has never been more pervasive than it is right now. Next month, next year, it will be even more pervasive than it is right now. "Elites" cannot collapse it. They can destroy many dollar based enterprises, but they cannot destroy the dollar.
that is beyond ignorant given that the US economy is largest in world, inventing the greatest high tech stuff in human history, and unemployment is 4.9%.
Of course they can. Who do you think controls the credit ratings agencies? Chinese credit ratings agencies already believe that the US has defaulted. If US elites decide that US controlled credit ratings agencies agree then that is the end of the dollar. Do you think that day traders decide the value of the USD? And it is not more 'pervasive' than ever - all international trade used to be settled in USD - but now that is not the case. And it only gets worse next month - next year.
It is actually not the largest in the world you know - the Chinese economy is now larger. And what would your purchasing power parity be without the reserve do you think? Think about that. China does not have the reserve but you do, for now. And like I said - US consumer is no longer consumer of last resort - the Chinese consumer is. The Chinese markets are all important because of how massive they are and because of the growth. The US economy is exhausted. Things are getting better for Chinese with expanding middle class and your American middle class is collapsing. You have a consumer bifurcation problem dont you? Most Americans cannot afford to buy a Hershey bar. And you have major companies like The Gap, and Abercrombie and Fitch, to mention just two, closing stores left right and centre. And real unemployment is about 20% plus you have half of America receiving some form of welfare. Oh yeah - things are looking swell for you guys.. What is your national debt at again? How is that trade deficit going? Reckon the 'penny plan' will fix it? ( And what will you do about the unspeakable amount owing in unfunded liabilities? And all those multinational companies that you like to claim as your own are multinational - they are not really American at the end of the day. Multinational. They do not owe USA anything and will not have to go down with the sinking US ship. And what exactly are you Americans inventing? Self driving cars? I am actually trying to think. That blood testing nonsense from Theranos? Google glass? How are those VR headsets selling? Changing the way we live our lives? Not really hey. What else are you inventing for us? What other high tech stuff? Eltons Musks wonderful exploding rockets? Oh those are great. What else have you got? Have you finished making those contact lenses that tell a diabetes person their blood sugar? yes those will sell like hotcakes. What? What is this great technology that you are producing? The apple smart watch? I honestly have no idea what you are talking about. What technology? Thats ignorant!
dear, you said our economy had pretty much collapsed and now you say its the second largest in the world with rich people lining up in the millions to buy new Iphones? Collapsed??? Care to rethink? - - - Updated - - - dear, thats a long meaningless rant. Care to tell us what your point is? Do you have any idea?
dear, America holds 70% of all recent medical patents and is the number one economy on world!!1. United States. The U.S. economy is the largest in the world in terms of nominal GDP (measured at current prices in U.S. dollars). The $17.95 trillion U.S. economy is approximately 24.5% of the gross world product.Jul 18, 2016
All international trade used to be done based on gold and now it isn't, and it will not be going back to gold ever. There isn't enough gold and prices are much more unstable without fiat currency.
dear the gold/paper ratio can be set anywhere we want which is why 100% agree we could be on a gold standard if we wanted to be. THe key is that the ratio be fixed so the govt or private banks cant issue paper randomly. Do you understand? Next!
capitalism prevents that. You have to provide the best jobs and products just to survive. Do you understand?
How can your name be Ted but you talk like a female? Iphones? That is your big technology is it? HA! And yeah your economy has pretty much collapsed. It would have been impossible for you to tread water for this long without the years of QE propping up corporations like Abercrombie and Fitch/Gap etc and like I said - half of the US population is on some form of welfare - yeah Im not going to write that stuff again. "Meaningless rant". Yeah ok. So your technology is an iphone? What does iphone growth rely on ? US markets or Chinese markets? And how are apple really going? Lot of share buybacks happening isnt there. Not much excitement around thenew iphone at all either is there? And they are not going to release their sales figures hey? Hmm. That dont sound too good now do it. Bit like how they kept it a secret how many apple watches they could not sell. And what are they doing? Making driverless cars? Ha! Talk about desperate. Maybe if they can put on a brave face for a while longer average Joe Forrest Gump types will continue to buy the stock. Because God knows that they dont need one more thing to worry about. WHere is growth going to come from for apple in the foreseeable future? I dont see it. "rich people lining up in the millions to buy new Iphones" ..... HA!!!!!
dear, didn't say it was big technology, though it obviously is, just that when millions line up to buy very expensive new tech that's the opposite of a collapsed economy as you said. Care to rethink now??
I was going to ask if USA was going to invent us some life saving drugs that nobody can afford. 70% of all recent medical patents hey. My guess is that most of them are as worthless as Theranos blood testing technology - what was Theranos worth again? And what do you Americans claim your economy to be worth? Im not sure we can trust your judgement. What is Uber worth again? Are you people mad?
no it doesn't, that is why we have a min wage, some rich people are bullies just for the sport of it... heck some rich people would own slaves if it were still legal .