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Explaining the New World Order - The Rise of Central Banks and Elimination of the Gold Standard

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Article by: Wes Hopkins – Editor @ Globalist Report

Website: Globalist Report

PART I – EXPLAINING THE NEW WORLD ORDER , PART I – THE RISE OF CENTRAL BANKS & THE ELIMINATION OF THE GOLD STANDARD.

 JP MORGAN                                  PAUL WARBURG                          ROTHSCHILD

 

    The New World Order, so what is it anyway? Does it even matter? Well, the answer is fairly complicated, and yes it does matter. What the NWO refers to in 2016 terms, is an effort by the political, financial, industrial, and academic elites to create a one world government with power consolidated under the umbrella of just a very few at the very top. This plan is not new, and has been in the works for more than 100 years. These very few individuals are often members of family dynastys, such as the Rothschilds, Rockefellers, Warburgs, Morgans, Carnegees, Goulds, and many many others. These family’s built their wealth through various means, including; oil, finance, steel, real estate, and banking. Interestingly enough, these family’s are almost unanimously Jewish. As influential as these individuals were in the 19th century, their influence was monumentally increased in the United States at the inception of the Federal Reserve System in 1913 that essentially marked the takeover of the money system by these few individuals. A secret meeting among these family dynasty’s was held in 1907 at Jekyll Island, Georgia to craft the plans that eventually became the Federal Reserve Act of 1913.

The creation of the Federal Reserve System of 1913 marked the inception of one of the most evil and deceptive institutions ever created – and gave the power of a nations entire money supply to those of just a very few at the very top. And so the  U.S. Central Bank was born. Let’s take a moment to explain what a central bank is. A central bank is an institution that produces the currency that is used in a given monetary system. Along with producing that currency there are two important underlying powers; that being the control of interest rates, and the control of the money supply, also known as inflation. This bank is not owned or beholden to any political or government oversight and is at least in the case of the United States, an entirely private organization. When the government “prints” money, it actually isn’t the government at all. It’s the Federal Reserve that is doing the printing, and the U.S. Treasury that is requesting the loan. One common misconception is that this newly printed money is simply handed over to the U.S. Government, free and clear. That is simply not the case. Instead, it is loaned to the government with interest! So when you hear that the U.S. is several trillion dollars in debt, what that actually means is that the government is indebted to a large extent to the Federal Reserve Bank. And for every dollar that the Fed loans out, the U.S. Government is not only responsible for remitting the original debt, but also a certain percentage of interest on every dollar loaned out. Therefore the more money that the Federal Reserve Bank loans out, the higher the eventual profits will be for the Federal Reserve. If this institution were subject to congressional oversight and public scrutiny, that would force the fed to be held accountable for the actions that they take in regards to monetary policy, profits produced by the bank, board members, interest rates, inflation, volatility in markets, and so forth. However, as it stands, there is no present day accountability whatsoever, which allows this institution to work in secret against the will of the people.

The creation of the Federal Reserve essentially handed over the power of the nation to just a handful of elite family’s. Mayer Amschel Rothschild, the head of the International Rothschild banking dynasty was quoted as saying:

       “Give me control of a nation’s money supply,  and I care not who makes its laws” 

Shortly following the creation of the Federal Reserve, the international bankers quickly began coalescing and forming plans for other central banks throughout the world, in hopes of consolidating world wide power over the world’s currencies.  As it stands today, 99% of the world live in a country that operates under the umbrella of a central bank. Those same families that pushed for the Federal Reserve, have now created a worldwide banking empire that literally spans the globe. They have almost unilateral control essentially over every major currency in the world.

At first, these central banks were limited in power and scope because of the gold standard. Tying a representative currency to a certain amount of gold ensured that the central banks as well as governments were fiscally responsible for the funding of various operations. After all, their only exists so much gold, and it cannot be instantly printed up like a newspaper in a printing press. Therefore governments and banks were kept in check by the backing of gold. Those in power obviously were unhappy with such a paradigm, as any sort of restraint on spending was a de-facto restraint on their power. So the answer of course was to do away with gold altogether, and consolidate all power into the hands of those with exclusive rights to produce a nation’s currency. So about the 3rd decade of the 20th century, unsurprisingly, several of the world’s central banks acted in lockstep to abolish the gold standard. Starting in 1931, with the Bank of England and the Bank of Sweden, then shortly following was the U.S. Federal Reserve in 1933. Other Central Banks such as Canada, Italy, and France were pegging their currencies to the U.S. Dollar, and were hence at the will of the U.S. Federal Reserve. Not long after the Bank of England abandoned the gold standard, several European nations including the United States sunk into what’s now referred to as the “The Great Depression”. World War 1 left several nations in financial distress, and the gold standard prevented these nations from easing the depression by pumping more money into the market, hence the rational for abandoning the gold standard and giving unlimited powers to the central banks. As the money supply tightened amidst economic uncertainty, speculation, anxiety, and fear grew. Further aggravating the tight markets and the unwillingness of people to spend money, the Fed raised interest rates on money it had loaned out to private and commercial banks, essentially drying up whatever money was left floating around in the market.

Up until 1931, commercial banks were exchanging Federal Reserve Notes for gold, and as the fear grew, the bank’s gold reserves began plummeting, while at the same time U.S. currency in circulation was being drastically reduced. Additionally, the New York Fed, who many accuse as being a shadow bank for the Rothschild banking dynasty, loaned over $150 million in gold (over 240 tons) to European Central Banks.(Curious what that’s worth today? So was I. In 2016, 240 tons of gold is now worth 8,832,000,000 U.S. Dollars. That’s a devaluation of the U.S. Dollar by exactly 5,888% in comparison to gold.) This transfer further contracted the U.S. money supply. The foreign loans became extremely questionable once, Britain, Germany, Austria and other European countries went off the gold standard in 1931 and weakened confidence in the dollar.

These events in conjunction with one another, led to the Presidential Executive Order 6102 in 1933 and the Gold Reserve Act of 1934.Order 6102 demanded the remittance of any and all gold, gold bullion, gold coins, and gold bars to be delivered to the Federal Reserve Bankor a member bank of the Federal Reserve System. It became a criminal act to actually own gold, and was indeed a crime all the way up until 1975,believe it or not. The government promised in return to pay $20.37 for each troy ounce of gold (which was the current rate of exchange) turned intothe Federal Reserve. Public outrage ensued soon thereafter when congress passed the Gold Reserve Act of 1934  which  re-pegged the dollar at $35 to onetroy oz of gold.  The government immediately realized hundreds of millions in profit, essentially by stealing its own citizens gold, and then devaluing theU.S. Dollar by more than 58%. So in other words, the U.S. government stole 58% of its own citizens wealth in a single day.The depressed economy contracted even further. Inflation skyrocketed not long after the Gold Reserve Act of 1934, and obviously so, as the money supply increased by more than 40% between 1933-1937.  The only possible positive that came from this horrifying act in 1934, was the flow of foreign gold into the country’s reserves, who were eager to take advantage of the arbitrarily increased $35 gold exchange rate.

   

After World War 2, the United States had emerged as the undisputed economic and military powerhouse of the globe, and because of that, many recovering war torn nations looked to the U.S. For financial solutions. So in 1944, even before the war had officially ended, European Nations met with the United States in hopes of creating a stable, and reliable worldwide monetary system. Thus came the Bretton Woods System. In short, what this system did was peg all world currencies to the U.S. Dollar, while the dollar was pegged to gold. The peg rate at the time was $35 U.S. Dollars to one oz of gold. The hope was that this system would build  global confidence in the dollar, increase American influence worldwide, and stabilize international economies. For a brief period of time, the plan seemed to be working. As U.S. Imports skyrocketed, and U.S. Deficits (meaning financial aid, bank loans, relief funds, reconstruction programs, ) overseas increased, The American Dollar became quickly became the currency of choice, especially while being artificially pegged to gold. However, as nations rebuilt, they became not only skeptical of the dollar, but also became aware of the artificial peg to gold. So in many instances nations would redeem their dollars for gold at the fixed exchange rate, and then simply sell the gold on the open market for incredible profits. U.S. Gold reserves were sharply decreasing.

Needless to say the system soon became untenable. Public debt incurred by the Vietnam War, and monetary inflation by the Federal Reserve caused the dollar to become increasingly overvalued in the 1960s. Foreign nations continued purchasing dollars and exchanging them for gold , further depleting the already depleted U.S. Gold reserves. So in 1968, the U.S. Government
 ended the convertibility of the U.S. Dollar to gold, deemed the “Nixon Shock”.

The Nixon Shock marked the official end to all monetary controls and limitations. The World that was then heavily pegged to the dollar, was now free to print, create, stimulate, inflate, deflate, create bubbles, increase volatility, and if desired, completely cripple entire economies. The plan that had started just half a century before, was now happening exactly as planned. Through a series of carefully calculated international acts; including multiple global recessions, interest rate hikes, two world wars, the criminalization of gold, unrelenting inflation, increase in the global money supply, and the formation of central banks across the world, the ultra elite secret ruling classes had brought to fruition the most incredible money monopolizing machine ever envisioned in the history of mankind. 

Thomas Jefferson was concise in his early warning to the American nation:

 ”If the American people ever allow private banks to control theissuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive thepeople of all their property until their children will wake up homeless on the continent their fathers conquered.”



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