In The Midst of A Global Currency Reset
InvestmentWatch |
Let’s examine the rumors that are floating around.
1. The Fed Reserve will merge or absorb into the UST
2. There IS a global event that has been unfolding during the past ten-plus years. The Basel III Protocols (which includes the Global Currency Reset) have required the cooperation of many nations — 198, to be exact.
3. What gets in the way from time to time with regard to this Global Currency Reset (as has just happened in the past few days) is political maneuvering and disagreements that delay things.
4. Fiat currency is becoming a thing of the past due to ongoing pervasive fraud and devaluation of paper currency – now it will have to be backed by assets (precious metals, oil, etc.) China would like to take over the US’s position as holding the world’s reserve currency in hopes to have their currency backed by gold. However, Clinton mentioned in one of her speeches that Iraq will become the richest nation in the world due to its oil reserves. Thereby, numerous nations that hold the Iraqi Dinar are looking to the IQD becoming the global reserve currency.
Basel III (or the Third Basel Accord) is a global, voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity risk. It was agreed upon by the members of the Basel Committee on Banking Supervision in 2010–11, and was scheduled to be introduced from 2013 until 2015; Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and bank leverage.
5. Precious metals (gold and silver) prices are manipulated. Currently the price is dropping. Why? Something big is about to happen. What?
The Global Currency Reset will take those 198 nations currency and revalue it up or down based upon that country’s assets. For example, Canada will go up about 20 cents, along with the Dong and IQD going up. The USD may go down or not depending upon how much IQD they have in reserve – and because O had all the other nations that owe the US money agree to pay back what they owe when the reset happens taking the US out of debt.
Read more at Investment Watch Blog:
http://investmentwatchblog.com/were-in-the-midst-of-a-global-currency-reset/#YKs7Uvkj88t1A6Q6.99
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Whistler Blowers, Insiders
One of The Nations shouldn’t be in charge of regulating the valuation of currency. It’s conflict of interest for the rest. I argue that the International Monetary Fund should own the World Bank.
We know the world is upside down when people are still listening to ANYTHING Hillary Clinton has to say; shouldn’t she be on trial somewhere?
Peace Love and Happiness
all else is illusion
Sorry man. Your comments have been deemed offensive by BIN. Not to worry. More than one way to skin a cat. No Fear.
“Fiat currency is becoming a thing of the past due to ongoing pervasive fraud and devaluation of paper currency – now it will have to be backed by assets (precious metals, oil, etc.)”
What nonsense. Fiat currency works because governments require you to pay your taxes with it. You DO NOT want to live under some nonsensical “gold standard” because it will impose arbitrary Malthusian constraints on the economy and cause recurring famines. You could literally have to watch your children starve to death under a gold standard because the extreme scarcity of “real money” will mean that you often can’t earn enough to buy food, and farmers won’t have the ability to borrow money with the abolition of fractional reserve lending to maintain the levels of food production we’ve become accustomed to.
And I did not make this up. The late Austrian economist Murray Rothbard, one of Ron Paul’s buddies, argues in one of his books that under the gold standard, children would have no right to eat, and that their parents could legally starve them to death without interference.
How else is the Human population explosion going to be controlled ?
With peace love and happiness.