US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing allegedly to turnaround the US economy. These huge amounts of US$ toilet paper are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan.
If truth be told, the real value of the US$ would not be more than a dime and I am being really generous here, as even toilet paper has a value.
That the US dollar is still accepted in the financial markets (specifically by central banks) has nothing to do with it being a reserve currency, but rather that the US$ is backed/supported by the armed might and nuclear blackmail of the US Military-Industrial Complex. The nuclear blackmail of Iran is the best example following Iran’s decision to trade her crude in other currencies and gold instead of the US$ toilet paper.
If the United States were not a military threat and a global bully that can blackmail with impunity the oil exporting countries in the Middle East, the global financial system which hinges on the US$ toilet paper would have collapsed a long time ago.
The issue is why has the US$ not collapsed as it should have by now?
When we apply common sense and logic to the state of affairs, the answer is so simple and it is staring at you.
But, you have not been able to see the obvious because the global mass media, specifically the global financial mass media controlled mainly from London and New York, has created a smokescreen to hide the truth from you.
Let’s analyse the situation in a step by step manner, and apply common sense.
1. The US is the world’s biggest debtor. The biggest creditors are China and Japan, followed by the oil exporting countries in the Middle East. With each passing day, the value of the US$ toilet paper is worth less and less. Like I said earlier, even toilet paper has some intrinsic value. It reaches zero value when everyone has to carry a wheelbarrow of US$ to purchase anything.
2. For the US$ toilet paper creditors, they cannot admit the fact that they have been conned by the global Too Big To Fail Banks (TBTFs) acting in concert with the FED and the Bank of England to accept US$ toilet papers. The central bankers of these countries have a reputation to preserve (not that there is in fact any reputation, for their so-called financial credibility is also part of the scam) and the political leaders that relied on them is in a bigger bind. How can the political leaders be so very stupid to trust these central bankers (who have stashed away in foreign tax havens huge US$ toilet papers as a reward for their complicity). This is the current state of affairs in plain English. They are having sleepless nights worrying if and when the citizens would wise up to this biggest con in history i.e. the promotion and acceptance of fiat currencies, the US$ being the ultimate fiat currency.
In his classic book Nineteen Eighty-Four, George Orwell invented and perfected the psychological notion of “doublethink.” That is, simultaneously believing two contradictory ideas or opinions. Orwell’s Ministry of Truth building displayed slogans like “War is Peace,” “Freedom is Slavery,” and “Ignorance is Strength.”
“The power of holding two contradictory beliefs in one’s mind simultaneously, and accepting both of them… To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just as long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies – all this is indispensably necessary. Even in using the word doublethink it is necessary to exercise doublethink. For by using the word one admits that one is tampering with reality; by a fresh act of doublethink one erases this knowledge; and so on indefinitely, with the lie always one leap ahead of the truth.” (Orwell, George 1949. Nineteen Eighty-Four; p 32)
In America today, doublethink is practiced with fine precision at the national level. People who give up and drop out of the work force become “unpersons” and are not heard of or from again; but according to the government, “the economy is fine and unemployment is falling.” Continued global military action is conducted in the name of “peace.” The onslaught of never-ending citizen surveillance is for our “safety and security.” Thought police monitor intentions, resulting in the destruction of reputations and livelihoods. The “Ministry of Propaganda” is never wrong and citizens are never right.
Orwell, H.G. Wells (Things to Come) and Aldous Huxley (Brave New World) all penned their respective futurecasts while looking straight into the face of the American Technocracy movement. The movement as a movement failed soon after it started, but only because the technology did not exist yet that could enforce and sustain their utopian dreams. Those dreamers – and their dreams – continue to live on from generation to generation, encouraged by gargantuan advances in technology.
At the high level, our global economic plight is quite simple to understand says noted Australian deflationist Steve Keen.
Banks began lending money at a faster rate than the global economy grew, and we’re now at the turning point where we simply have run out of new borrowers for the ever-growing debt the system has become addicted to.
Once borrowers start eschewing rather than seeking debt, asset prices begin to fall — which in turn makes these same people want to liquidate their holdings, which puts further downward pressure on asset prices:
The reason that we have this trauma for the asset markets is because of this whole relationship that rising debt has to the level of asset market. If you think about the best example is the demand for housing, where does it come from? It comes from new mortgages. Therefore, if you want to sustain he current price level of houses, you have to have a constant flow of new mortgages. If you want the prices to rise, you need the flow of mortgages to also be rising.
Russia backed by China and India is pushing through a takeover of the internet by a UN supranational agency to make the web truly universal. The aim of the plan is to standardize the behavior of countries concerning information and cyberspace.
Leading emerging economies supported by other United Nations members initiated the discussion around handing over internet regulation to a UN agency. At present it is controlled by private shareholders.
BRICS countries China, Brazil, India and Russia share the belief that the Geneva-based UN agency the International Telecommunication Union (ITU) would do a better job if put in charge of international cyber security, data privacy, technical standards and the global web address system.
‘Hands off our web’
This week the US House of Representatives prepares to vote on the proposal and the expectations are, there will be no great uphill struggle.Washington opposed UN regulation of the internet just weeks after the “international code of conduct for information security” was submitted to the General Assembly
“Three hundred men, all of whom know one another, direct the economic destiny of Europe and choose their successors from among themselves.” –Walter Rathenau, 1909, founder of the mammoth German General Electric Corporation
The Committee of 300 is a product of the British East India Company’s Council of 300. The East India Company was chartered by the British royal family in 1600. It made vast fortunes in the opium drug trade with China and became the largest company on earth in its time.
Today, through many powerful alliances, the Committee of 300 rules the world and is the driving force behind the criminal agenda to create a “New World Order”, under a “Totalitarian Global Government”. There is no need to use “they” or “the enemy” except as shorthand. We know who “they”, the enemy, is.
The Committee of 300 with its “aristocracy”, its ownership of the U.S. Federal Reserve banking system, insurance companies, giant corporations, foundations, communications networks, presided over by a hierarchy of conspirators—this is the enemy. Secret societies exist by deception. Each is a hierarchy with an inner circle at the top, who deceives those below with lies, such as claiming a noble agenda; thus, duping them into following a web of compartmentalized complicity.
The inner circle of the Committee of 300 is the Order of the Garter, headed by Queen Elizabeth Windsor II. It is interesting to note that the Windsor’s changed their name from the Germanic Saxe-Coburg-Gotha during WWI, because of anti-German sentiment.
COMMENT: Yes, it’s the same old pattern of a phony narrative to hype fear & subservience, but ultimately scripted at CIA/Pentagon/FBI headquarters and carried out by informant/double agents handled from the beginning.
Just one day after reports that the CIA had foiled a plot involving a “sophisticated underwear bomb” targeted against U.S. airliners, the entire story has once again collapsed into a farce.
Just as the FBI has been caught directing every major domestic terror plot, it turns out that the supposed “bomber” was actually a CIA informant.
“U.S. and Yemeni officials say the supposed would-be bomber at the heart of an al-Qaida airliner plot was actually an informant working for the CIA,”reports the Associated Press.
“Officials say the informant was working for the CIA and Saudi Arabian intelligence when he was given the bomb. He then turned the device over to authorities. Officials say the informant is safely out of Yemen.”
So all the propaganda and fearmongering over this plot was once again over nothing -this was yet another staged incident just as the first underwear bomber event was a manufactured hoax from beginning to end.
Watch Alex Jones’ comments on this story from last night’s Infowars Nightly News below.
By Charles Hutzler,Matthew Lee, The Associated Press
BEIJING — The U.S. and China forged the outlines of a deal Friday to end a diplomatic standoff over legal activist Chen Guangcheng that would let him travel to the U.S. with his family for a university fellowship.After days of behind-the-scenes talks, reversals and emotional calls by Chen from a guarded hospital room, the U.S. and China made a series of announcements signaling a logjam had been broken.
The Chinese Foreign Ministry said Chen can apply for travel permits to study abroad. An American university has offered Chen a fellowship with provisions for his family, State Department spokeswoman Victoria Nuland said, adding that the U.S. expects Beijing to quickly process their travel permits, after which U.S. visas would be granted.
“Over the course of the day, progress has been made to help him have the future that he wants, and we will be staying in touch with him as this process moves forward,” U.S. Secretary of State Hillary Rodham Clinton said, speaking to reporters after two days of annual strategic talks in Beijing.
~I do know for a fact that England has been hoarding money and the Queen is well…the Queen…I’ll be researching this later so I’m not leaving you in left field…
However the massive gold hoarding goes way back [I was doing some research on some Krugerrands ordered by The Bank of England…The shipment seemed to have disappeared quite literally…this was quite some time ago but I can tell you went I want to know something, I am relentless… but I hit not only wall after wall…but then as usual things started to disappear and results were no longer found~the norm now~jude~♥
Picture: Binyamin Shalom Bernanke – Banking System cartoon
The Committee of 300′s shadow government banking scam has its royal knickers ripped off.How rich is White Spiritual Boy now, Your Majesty?
Picture: HSBC – White Spiritual Boy shadow a/c – 1030 quadrillion US Dollars
The official audited text above is part of paragraph 132 on page 18 (here) of a Committee of 300 élite Secret Government document signed on Wednesday 10th February 2010 on page 106 (here). Page 19 of this same document can be viewed here.
The three signatories on the document are H.E. President Robert Zoellick (President of The World Bank), H.E. Vice PresidentLars Thunell(Executive Vice President and CEO of the International Finance Corporation) and HM Queen Alexandra Elizabeth Mary WindsorII (Chairman of The Committee of 300, The British Royal Family).
What an incredibly complex confusing and treacherous month. It can be safely said that 80% of the activity is almost totally kept from the public. The financial system is breaking in an accelerated fashion. Compare to some grisly horror movie where a man is strapped in a chair. The more he moves, the tighter the bindings pull on his gasping throat and pressed nether stones. The most significant two factors at work are the Iran sanctions and their powerful backfire, and the futile efforts in Europe to stem the banking center collapse. The anti-USDollar federation that spans widely across the globe is gathering strong momentum. Financial aggression is being met by financial alternative development. As Greece moved off the daily news fabrication factory, the reality of a collapse in Spain and Italy has moved to the front center of observations. Meanwhile, the American nitwits continue to argue over Quantitative Easing when it never stopped, and in fact, went global under their noses. The US news machine, dominated by the syndicate, churns out absurdities after more nonsensical bites on an economic recovery. The subprime loan machinery has ramped up. The retail factor does not tell of strength, but of weakness. Spending on consumption does not indicate strength, but a path to ruin still not well recognized. The gap between reality and reports is diverging.
While the Sahel security crisis continues to deteriorate following Tuareg rebels’ declaration of an independent state in Mali’s troubled northern territory , recent events in Nigeria indicate a potential for increased regional instability. Boko Haram, a Salafist organization seeking to overthrow the secular administration of Nigerian President Goodluck Jonathan, has recently killed 38 civilians in a suicide car bomb targeting nearby churches holding Easter services in the northern city of Kaduna . As part of an ongoing campaign of sectarian violence, the group has strived to implement sharia law through the establishment of an Islamic State in northern Nigeria . The group’s belligerent acts of violence claimed more than 500 lives during 2011 , prompting President Jonathan to call the current security crisis more dire than that experienced during 1967’s Biafran civil war, adding that jihadi sympathizers have successfully infiltrated his government and security agencies .
The group has claimed responsibility for the August 2011 bombing of the United Nations headquarters in the Nigerian capital, Abuja , and its adoption of sophisticated tactics indicate that Boko Haram is receiving arms and training from abroad. Mainstream outlets can now be seen readying public opinion for an increased presence in Africa under the Right to Protect Doctrine (R2P) by warning of increased terrorist attacks in Europe, following shifts in Islamist activity away from Iraq and Afghanistan, to the “ungoverned spaces” of the Sahel . While the ongoing War on Terror provides the needed justification for the US Africa Command (AFRICOM) to expand its base of operations throughout the Sahel and the troubled regions of east and central Africa, the modus operandi of Boko Haram indicates foreign nurturing in numerous mediums.