I've noted in recent blogs that there is a quiet move afoot away from the dollar as a reserve currency. Already China and Russia have concluded bilateral talks to avoid the dollar as a reserve currency and make their currencies directly convertible. Japan and China recently concluded a similar agreement. Now, India has joined the ranks of the burgeoning Asian economies to do so:

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees [LunaticOutPost - Forum]

India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees

The central importance here is the following paragraph:

To summarize: Japan, China, Russia, India and Iran: the countries which together account for the bulk of the world's productivity and combined are among the biggest explorers and producers of energy. And now they all have partial bilateral arrangements, and all of which will very likely expand their bilateral arrangements to multilateral, courtesy of Obama's foreign relations stance which by pushing the countries into a corner has forced them to find alternative, USD-exclusive, arrangements.

The geopolitical consequences, in other words, are that the West's bellicosity toward Iran (and the Middle East as a whole) are increasingly being met by two things: (1) the Asian powers dumping the dollar as a reserve currency and entering into bilateral currency and trade agreements and (2) a greater geopolitical cohesion among those nations.

In short, India, China, Japan, and Russia are simply not afraid of the ability of the US and European militaries and their ability to prop up the dollar. So what does this portend? if current western policies continue on the course that they are embarked upon, we will see more and more countries in Asia - Malaysia, Thailand, Indonesia and so on, with the probable exception of Australia and New Zealand - joining in similar arrangements as the West works feverishly to keep the remaining Islamic crescent subdued, divided, and in thrall to backward Islamicist regimes. With the recent US assurances to Australia, we can expect the Asian bloc to harden.

...and remember, all those fake bearer bond stories have one thing in common: they're all coming out of Asia.


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".


  1. lady la la on June 19, 2012 at 7:47 am

    I couldn’t agree with Dr Farrell more and is more than correct to be “skeptical”.

    The move towards a cashless society is in full swing …. in fact “cash is not only bad… it is almost illegal”

    Having lived in India for 5 years until 2010, I can rightly report that the Indian government … donning “turbans to remind us about how spiritual their leaders are”… are another kind of sham. For those of us who are aware of the depth of deceit in most governments, we have observed that the Indian government is a willing and equally cruel partner in the bid for power and control. They have been 100% complicit in every terrorist event perpetrated on Indain soil by so-called “terrorists”.

    One billion — mostly poorly educated population makes for a goldmine of willing slaves ready to embrace any high-tech doo-dad emerging from America in ‘their zealous wish to be “Westernized”.

  2. heartstream on January 30, 2012 at 12:56 am

    The core issue is the desire to destabilize the world so that they can step in with a worse answer. The new alighnment is a fine example of blowback.

  3. Robert Barricklow on January 29, 2012 at 11:13 am

    Although there are many strings in this geopolitical web of intriques,
    I tend to look at the issue as: the issuing …of currencies.

    Are they going to be basically sovereign?

    Or belong to a tiny private coterie of Radical Mad Men?

    • Ramura on January 29, 2012 at 7:24 pm

      Robert — Clearly you do not visit enough “conspiracy” websites. Allegedly, there is a big movement afoot among the non-aligned nations, and a few Asian Dragon groups, to shut out the Rothschild banksters. The non-aligned’s quit buying (Rothschild) debt a couple of years ago and now they are finding ways to not use the $$ as world-reserve currency. The rats are scrambling, as they have been propping up the dollar at the point of the gun for quite awhile now.

      That is what got both Hussein and Khaddafy killed. Both were good little assets until they said they would take other currencies for their oil. You can see how well that worked out for them.

      Same for Iran, which is why they are in the cross-hairs.

      But I doubt the US (military enforcer of the Anglo central banks) can take on Russia, China, India AND Iran for regime change. Usually if the US puts a sanction on a country, it is observed. Not this time…so it will be interesting to see how this all resolves.

      • Robert Barricklow on January 29, 2012 at 8:01 pm

        The Rothschild’s control over currencies is composed, at it’s core, of a tiny private coterie. Whether mad men, is another question. They have access to all sorts of information that would surprise the known knowns, known unknowns, & the unknown unknowns list of Donald Rumsfeld.
        You are right, that at the surface, the camps look to be drawing currency lines. You are right, in that Iraq, Iran, & Libya were in the Rothschild’s central bank crosshairs[implied].
        I say, at the surface, …because these guys have more than five aces in their deck.
        In fact, your Rothschild information regarding China, was much appreciated.
        Of course, I’am a novice in this information warfare, but I suspect that some rugs a going to be flying-out from under those who think they are on relatively ‘safe’ grounds. I also suspect, that a ‘new’ card is going to come into play, an ‘unknown unknown’.
        Deception/illusion is their ‘sine qua non’.

    • Robert Barricklow on January 29, 2012 at 11:23 pm
      Above video explains the private bank issuing money succinctly well.
      Most of you propbably already know this; however, this video does it superbly.
      Ellen Browns web site blog, the web of debt shows the other side of the coin-the public bank. China, Japan, India, Russia are leaning more in the Nation’s interest than the private interest of England & USA Banks

  4. HAL838 on January 29, 2012 at 7:33 am

    Perhaps more dots for me to connect.

    Up next…………..(?)

  5. MattB on January 29, 2012 at 5:25 am

    Australia becomes the meat in the sandwich.We produce the bulk of mineral resource sales to China and Japan. Not to mention we have just decided to sell our amazingly high quality Uranium to India even though they are not on board with the nuclear non-proliferation agreement.

    I would love to know what the trade off was for having a Marine base in northern Australia. Having been an officer in Army aviation, I know we don’t need lower grade soldiers thank you very much.

    • legioXIV on January 29, 2012 at 8:03 pm

      As a former rifleman of the Australian Army I couldn’t agree more MattB, and I too would love to know what our end of the bargain is.

    • Robert Barricklow on January 29, 2012 at 8:08 pm

      The question for Australia is the same with Greece, Iceland, America, …all countries: are their country’s interest being represented or is it some other entity entirely?
      Your analysis; howver, is spot on.

      • legioXIV on January 29, 2012 at 9:14 pm

        I think we know the answer to that Robert, a Faustian deal indeed.

        • Robert Barricklow on January 29, 2012 at 10:30 pm

          Fiat justitia-ruat caelum.
          (Do justice, and let the skies fall.)

          -Ancient Roman Proverb

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