RACE TO A CENTRAL CURRENCY: A LITTLE HISTORICAL PERSPECTIVE ON THE BIS

Here's an interesting article on what may be lurking behind the scenes of the current global financial problems:

Central Bankers Race Toward Global Currency Solution

The article is worth pondering carefully. To be sure, it is clear that the blithering bernanke coming out of Fed chairman Ben 'International" Babble is more of the same globalist nonsense we've heard out of David "Concrete" Blockheadefeller and his ilk for the past few decades. Well, if you want to know what a global currency would look like, look at Europe and the Euro, which has basically forced healthy national economies like those of Germany and France to assume the debt obligations of other nations - Greece, Italy, Spain, Ireland - and magnify that thousands of times.

Note the carefully hidden premise: a genuine currency is issued by a state, and issued debt free against the GDP of a state. But this is not what is being advocated. What is being advocated is the loaning into circulation notes of debt by private banks on an international global scale. This is a disaster for every nation - from China, Russia, Germany, Japan, France to Bangladesh - involved.

Enter the other faction that may be behind this insanity. The Bank of International Settlements was the brainchild of none other than Hjalmar Horace Greeley Schacht. Remember him? He was Hitler's Reichsbank president.(Oh yea, and let's remember his daughter married SS Colonel Otto Skorzeny, and Schacht himself was a close consultant after the war for... brace yourself ... Aristotle Onassis, and we all know who married him). On the board of directors of the BIS during World War Two was Walter Schellenberg, head of the Sicherheitdienst, the notorious SD or counterintelligence arm of the Reichsicherheithauptamt, which, let's recall, can be loosely translated as "National Security Agency". Also present on the BIS board during the war was Hermann Schmitz. Remember him? He was the chairman of the board for Interessen Gemeinshaft Farbenfabrikenindustrie, A.G., otherwise lovingly known to the world as I.G. Farben, the notorious, and notoriously huge, German chemicals cartel. So powerful was this company that it may very justifiably be billed as the actual Nazi War Machine.

So why am I bothering you with this history lesson? Because those who forget history are condemned to repeat it. What the BIS represented was an institution created by the Fascists in London and New York, and the Fascists in Europe, largely those in Germany, to coordinate their monetary strategy. After the war, this institution remained in existence, and was supplemented by "informal discussion groups" - the Bilderbergers comes to mind - to do essentially the same thing.

And let's remember what happened: while German, French, Polish, Italian, American, British, Canadian, Australian, New Zealand, and Russian soldiers were dying by the millions in Europe, corporations on both sides of the conflict were in full and secure communications with their counterparts on the "opposite" side of the war, and were reaping enormous profits. A global currency in the hands of this crowd can only mean one thing: everywhere there will be cries of "Peace, peace" and there is no peace.

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

8 Comments

  1. Antoine on August 17, 2011 at 7:37 am

    In what street would one household head be allowed to head all others? What is this non sense of one world government? There’s nothing wrong with having independent neighbors.

    I am also astonished that they are trying to subjugate us into absolute worldwide servitude via this new scheme. Wow, they are going for broke!

    Which is good, since it points out to me that they are desperate.



  2. sj smith on August 17, 2011 at 4:33 am

    This is great ! FB won’t let me post it, though.



  3. Citizen Quasar on August 16, 2011 at 4:13 pm

    A world currency is NOT “the answer.” A world currency, specifically one that is debt based and controlled from a central bank, a privately owned bank at that, is the bull’s eye goal of the murdering scum that is trying to take over this planet. (And I will add parenthetically that I am of the opinion that a one world government is already well emplaced on Earth and that nations and borders are just for show and have utilitarian purposes to manipulate the masses.)

    The Law of Supply and Demand is a Natural Law and works much like any other Natural Law: 100% of the time. Its consequence is to produce material abundance inexpensively.

    So when it comes to money, a store of value, a value being that which life acts to gain and/or keep, the Law of Supply and Demand should be allowed to operate uninhibited as much as is humanly possible to allow material abundance to flourish.

    What this means is that everyone should be allowed to exchange and trade whatever value they desire with whoever they so choose to trade the same with. In other words, people should be allowed to exchange whatever they want to with the grocer down at the corner if the grocer down at the corner willingly accepts.

    If the grocer accepts old car batteries for cabbage, then that should be allowed by law. It is no one’s business but the owner of the car batteries and the owner of the cabbage. Most often, the same grocer will only accept some asset that has more conventional qualities, like silver coins. However, there may be occasions when unusual or unique value exchanges will occur.

    That sounds like barter, you say. And I say, “So what? If things keep going the way they appear to be headed then that is what is going to happen anyway and it is going to be all we have left.”



  4. Citizen Quasar on August 16, 2011 at 12:39 pm

    That would be Veteran’s Day. Hmmm…..



  5. insane on August 16, 2011 at 6:04 am

    Dr Farrell,

    Did you ever talk about Dimethyltryptamine (DMT) in any of your books? I have seen videos on youtube with Terence Mckenna talking about DMT and its mind blowing.



    • Joseph P. Farrell on August 16, 2011 at 7:48 am

      No I don’t. I have several books planned out but this is not a topic I’m planning to investigate any time soon.



  6. Hermes on August 16, 2011 at 5:56 am

    I’m thinking the action centers around 11.11.11…

    Either WWIII or the fake alien invasion happens around them or the latter causes the former…Ouroboros in action anyone?



    • Citizen Quasar on August 16, 2011 at 4:13 pm

      That would be Veteran’s Day. Hmmm…..



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