30 Year Old Prediction Coming True - One World Currency by 2018

It already started. The One World Government is here! One World Currency, then One World Religion, then One World Government, and finally, the anti-Christ will be the King of the Kings. 30 years ago, it was predicted that we will have One World Currency and it has started already.

In 1988, The Economist ran an article titled, Get Ready for the Phoenix (below insert), in which they wrote, “THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favored by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the late twentieth century.”

The article stated that, “The market crash [of 1987] taught [governments] that the pretence of policy cooperation can be worse than nothing, and that until real co-operation is feasible (i.e., until governments surrender some economic sovereignty) further attempts to peg currencies will flounder.”

Amazingly the article states that, “Several more big exchange-rate upsets, a few more stock-market crashes and probably a slump or two will be needed before politicians are willing to face squarely up to that choice. This points to a muddled sequence of emergency followed by patch-up followed by emergency, stretching out far beyond 2018-except for two things. As time passes, the damage caused by currency instability is gradually going to mount; and the very trends that will make it mount are making the utopia of monetary union feasible.”

Further, the article stated that, “The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate-and hence, within narrow margins, each national inflation rate-would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit.”

The author admits that, “This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.”

The article concludes in stating that, “The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.”

The last sentence states, “Pencil in the phoenix for around 2018, and welcome it when it comes.”

Dahboo77′s commentary on this: “It doesn’t take a rocket scientist to see that they are steering this all into this direction. This prediction from almost 30 years ago is coming true right before our very eyes.”

“With still more time left before 2018 is here, it would be wise to research what’s behind the technology and rise of cryptocurrencies. As I stated, this could very well be the way the try to usher in their one world currency!”

5 LARGEST COMPANIES ACCEPTING BITCOIN PAYMENTS

Dahboo77

https://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking48.htm

http://www.zerohedge.com/news/2017-07-09/economist-get-ready-world-currency-2018

http://www.altcointoday.com/39683-2/