If you're one of those wondering about what is really going on in Venezuela, join the club; I do too, and I'm not sure I'm any closer to an answer even after receiving many articles about it from various readers of this website, and that's why I've avoided the topic. I just don't know who to believe among the major competing narratives. But when Ms. K.M. and Mr. D.W. both spotted and sent this article to me, I knew I had to blog about it, firstly, because it fit the "meme" that emerged when I scheduled this week's blogs; many people seemed to have concentrated or spotted some article having to do with money in all its variegated forms. Secondly, it's tailor made for a good high octane speculation, and follows, in a general sort of way, my speculations in this week's previous blogs.

Here's the story:

Has the United Kingdom transported fake money to Venezuela?

Here's what caught my eye:

cording to a pan-Arab Lebanese TV Channel (Al-Mayadeen), an Ethiopian plane has uploaded at Malta 15 chests of false money to be delivered to Venezuela.

The Venezuelan economy has collapsed. Elliot Abrams thinks this is due to the communist government being unfit managers while the Bolivarian government of Nicolas Maduro thinks it’s the result of a US sabotage.

And then at the end of this short article, this:

During the war against Syria, both Saudi Arabia and Qatar printed false money to bring the Syrian economy into chaos. However at the time, both monarchies were competing with each other; they had not come to a market sharing agreement. Further, at the same time they were paying all their mercenaries in dollars. For the mercenaries to be on the spot men, they had to change their US dollar pay into Syrian pounds. Finally, Syria has printed new notes in Russia.

Now, yesterday, when blogging about the story about the recent "spike" in the amount of one hundred dollar notes (US) in circulation, I pointed out the one possibility that none of the articles I read on the story ever mentioned, namely, that someone somewhere, other than any official agency of the US mint, was printing the notes. In fact, I mentioned a strange "fiction" novel called Supernotes (by an "Agent Kasper" and Luigi Carletti), which first appeared in the Italian and then was released in an English language edition. The book, as I noted, had that disturbing "feel" that there was more fact than fiction in it, but in any case, one of the things it alleged was that US one hundred dollar plates had somehow made their way to North Korea, courtesy of certain investment agencies, which agencies needed an off-the-books source of money. In effect, what the novel was alleging was that North Korea had secretly partnered with that certain investment agency to run a unique counterfeiting operation, an operation having all the hallmarks of the World War Two Nazi counterfeiting operation called Operation Bernhard. That operation I have written about in my book Covert Wars and Breakaway Civilizations. In effect, the Nazis has decided to reverse engineer the entire process of the production and printing of British pound sterling notes, and some of the "product" was so good that banks couldn't tell the difference between what came off the presses in Germany, and what came from the Bank of England.

What's disturbing about this article is that it is alleging that three countries - the (out)House of Saud, Yemen, and Britain - are involved in a very similar activity. Or, to put it differently, Operation Bernhard has gone international. In effect, one might be looking at a kind of international cabal of "un-authorized" production of a variety of official currencies, and with the banknote printing business being a very close knit, secretive business in close communication with central banksters, I would be willing to be that some such thing is being done, with countries pouring money into reverse-engineering other countries' paper notes. It stands to reason that such an activity would require the backing, at some point, of countries with the technology, experience, and money to fund such a scheme, and the (out)House of Saud and Britain both certainly qualify. Indeed, intelligence agencies would be likely to be involved in a major way, since many if not most of them have entire "departments" dedicated to the forgery and production of spurious documents of all sorts, and it would be reasonable to assume that this would include various securities, bonds, banknotes, bank certifications, and so on. Operation Bernhard, for example, fell at least in part under the aegis of Nazi Germany's Reichsicherheithauptamt (RSHA),the umbrella security and intelligence organization.

There's an additional disturbing implication here, and the article strongly hints at it by suggesting that the real economic problems faced by Venezuela, and any other country on the "outs" with the west, are at least in some degree being caused by, or exacerbated by, such "unauthorized" production of their notes.

But we're not done yet, for another implication that emerges from such activity is that such moves are usually preludes to armed conflict or invasion. Prior to the "Fourth Crusade", for example, The "Most Serene Republic of Venice" began to mint gold coins that were clever knock-offs of the Byzantine Empire's coinage, as I outlined in Financial Vipers of Venice. During World War Two, of course, there was not only Operation Bernhard, but the US government printed bales of "occupation money" for the troops invading everywhere from Algeria to Germany itself (that's a subject for another blog or book perhaps).

See you on the flip side...


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. zendogbreath on March 8, 2019 at 10:54 pm

    might being late to the comment table be a good thing:

    heard earlier this week that marco rubio was openly threatening maduro on twitter that he would end up like ghaddafi. then heard tonight that rubio tweeted three minutes after vnzl lost 75% of their electricity that their power was down. he went on to provide details of where how much and how their back up generators were not working. if i didn’t know better i’d guess rubio is trying to portray himself as a state actor terrorist.

  2. goshawks on March 8, 2019 at 8:38 pm

    If you’re wondering about what is really going on in Venezuela, check out the following from JStone:
    “Someone from either American or Israeli DoD got into the PLC controllers on the twelve gigawatt hydroelectric Guri dam. They attacked the systems that regulated water flow through the valves on the dam that send the water to the turbines. This is precisely the type of attack Stuxnet is supposed to be made for. They opened the valves all the way. They (or whatever virus they planted, probably Stuxnet) then told the engineers, via the readouts, that the water flows and turbine speeds were normal. With an enormous amount of pressure from the dam, the turbines managed to push ahead of phase on the rest of Venezuela’s grid, got into an enormous tug-of-war with power stations elsewhere (after viruses also turned the protection off) and blew everything up, tripping a nationwide blackout with long term severe damage.

    We just got to see what Stuxnet could do to the world’s third largest power plant. Several Venezuelans managed to tweet out that the turbines at Guri went over frequency, those tweets have now been expunged. Only willful sabotage could have done that.

    It is virtually assured America did this, to a point where there is no plausible deniability especially after Pompeo’s tweet, see the main report in the window below.

    Most likely, trolls are going to say Venezuela’s grid was crap. That’s a lie. I looked into this, and it was in fact among the most modern grids in the world, RIPE for virus attacks. Guri is predominantly a 2010 dated facility after upgrades, which was initially put online in the late 80’s (which by itself would not be old by power generating standards). There’s nothing of significance in the U.S. that new and that updated. The stories about Venezuela having crap are bold faced lies fronted for propaganda.”

    • goshawks on March 10, 2019 at 4:43 pm

      More from JStone:
      “Here is the line the U.S. is trying to push, straight from NPR: ‘The blackout appears to have stemmed from a failure at the main hydroelectric plant in Venezuela, which has suffered from years of underinvestment.’

      Problem: I don’t call upgrading it’s capacity from about 6.5 gigawatts to over 12 gigawatts, while replacing the old generators on top of it in 2010, ‘years of underinvestment’. The real ‘infrastructure problem’ Venezuela had was that all of the larger equipment was replaced with the new stuff, totally susceptible to Stuxnet attack.

      Obviously, there are going to be lies from the U.S. with regard to this; the U.S. sure as heck is not going to admit what was done. It is beginning to come to light more fully now. Here’s a brief update based on the latest info, a guess, based on how bad the damage really ended up being:

      Two scenarios:

      Scenario 1: All of Venezuela’s electrical grid was analyzed and put in a simulator. All the major transformers, circuit breakers, generators, were put in the simulation. Then, this ran precise scenarios for what would happen if Guri was pushed out of phase, and all other generating facilities were put out of phase with it – while all of the computer controlled circuit breakers were told by a virus to never trip. They modeled max destruction and had everything pre-routed to the worst possible outcome – where transformer A was at such close power output rating to generator B via the output from generator D (and it’s spec plate) that all three would kill each other; one of them would not win. Ditto for generators between different power stations which were connected to the same circuit. Once they had it all figured out, they then ran that program. This basically annihilated Venezuela’s grid. It could not have happened if that grid was not state of the art, which it was.

      Then blame Maduro for not maintaining it correctly, spew like the worst troll in the worst comment section telling the worst lies, and hope to flip the people of Venezuela against Maduro.

      Scenario 2: Once again, all of Venezuela’s power grid was put in the same simulator. This time, rather than destroy things, it was programmed to instead front the illusion of the generators going out of phase at Guri – to explain why everything went dark. But really, in this scenario, nothing happened that would take out the power to the entire country – other than a virus sitting in all the switch gear and controls, preventing anything from working. Maduro gets ousted, Guiado gets put in, and then *poof*, like magic, all the lights come on.

      Take your pick with how bad it is; it is one or the other.

      The only constant in all scenarios is the U.S. gets the oil.”
      [my italics]

  3. marcos toledo on March 7, 2019 at 6:36 pm

    The real problem is not insanity Joseph but stupidity that is what has killed more lifeforms.

  4. goshawks on March 7, 2019 at 4:37 pm

    One of the important ‘clues’ here is Time Scales . Speaking of scales (sorry), we are looking at agendas that take hundreds if not thousands of years to complete. No human has that degree of attention (outside of Immortals). So, the very length of world-takeover plots tends to point toward hidden, non-State actors. (Except, they have probably ‘fathered’ the States.) We have to look to those levels to understand the agenda (including fake or really-fake money)…

    The other aspect is that very hiddenness. I am reminded of the Pyramids in Egypt. The oldest Pyramids had basically no interior writings or decorations. As Egypt declined through the ages, and inferior Pyramids followed to suit, those newer examples became stuffed wall-to-wall with interior writings and decorations. I take it that the earliest builders were decidedly non-human, and thus had no need for foo-foo. They let their actions speak for them. Hiddenness is either an admission of weakness (cowering), or a statement of overwhelming strength (“I can’t be bothered”)…

    • Foglamp on March 7, 2019 at 7:56 pm

      “Hiddenness” serves many purposes. It avoids frightening the horses, who can’t handle the truth. It is a powerful force multiplier. It is difficult for prey to defend itself from a predator it cannot see, and it allows the predator to operate in perpetual surprise. In many ways, hiddenness is the ultimate weapon.

    • Joseph P. Farrell on March 7, 2019 at 9:29 pm

      Excellent speculations goshawks

    • zendogbreath on March 8, 2019 at 11:04 pm

      yep. that’s alot of what has me still checking out tommy williams’ rants for his manna world holding trust. makes it sound like our predator/parasite rulers of the planet for the last 16,000 years are done and on their way gone. we just need to realize who and what we are and take up for ourselves with all these old new technologies from our own peoples and cultures past and we’ll all be good.

      for some reason i’m getting echoes of thule checking these guys out. and i don’t mean roof racks on cars.

  5. Randy on March 7, 2019 at 3:23 pm

    Ummm sorry that last comment is for you ….anakephalaiosis Lmao hehe ….dude !

  6. Randy on March 7, 2019 at 3:18 pm

    Hehe hey man , English! Lmao W’sTF talking gibberish….if there’s nobody around ta understand WTF yer ….saying Lol … dude I’d still drink a pint wit ya …hehe maybes than I’d understand WTF yer saying Lmao (doc sorry for the potty mouth)

  7. Robert Barricklow on March 7, 2019 at 12:36 pm

    That’s a London specialty[counterfeiting]. Even in “our” revolutionary days London was busily counterfeiting script to under the revolting colonies.
    Of course, now the West is joined in undermining the economy of revolting Venezuela[not on their knees].
    As far as – such moves are usually precludes to armed conflicts or invasions – look to proxies; like Columbia and Brazil, U.S. dictator puppets[no U.S. bodies coming home in a box/which our attack poodle press couldn’t ignore].

    That Venezuela oil is ours, not China’s?

    • zendogbreath on March 8, 2019 at 10:59 pm

      read last week columbia is unbanning glyphosate.

      • Robert Barricklow on March 9, 2019 at 11:56 am

        Apparently they have an insect problem.
        Just get rid of their six-legged rulers.

  8. Joseph Aiello on March 7, 2019 at 10:44 am

    How about a scenario of obviously the paper currencies are not worthy and we therefore need to make everybody go digital?

    • K on March 7, 2019 at 2:59 pm

      This ^^^^.

      As much as James Corbett loves crypto (and I love James Corbett), you cannot deny the fact that anything with the possibility of a transaction log is a global government wet dream (and the IRS as well). And yes, I did listen to the episode on the difference between real crypto and not real crypto…….. Which will matter not at all when cash is taken away and nobody gives mental value to your “real” crypto.

      Here is JP Morgan announcing their “crypto” currency. Which is the biggest red flag you could possibly have.

      • Joseph P. Farrell on March 7, 2019 at 9:34 pm

        I actually blogged about the JP morgan crypto

  9. Kahlypso on March 7, 2019 at 7:06 am

    Fake money.. Fake news.. what else is fake?

    • Randy on March 7, 2019 at 3:06 pm

      ITS ALL FAKE !!! (hit report,by mistake 🙁 )

  10. DanaThomas on March 7, 2019 at 7:05 am

    A little scenario. The reported spike in the number of $100 bills could herald a pump-and-dump operation: widespread payoffs or purchases, then a “recall” with the excuse of widespread counterfeiting, which undoubedly exists. These bills would then be selectively redeemed, at a discount, for a new “gold-backed” dollar. Or for some “gold bonds”. Or maybe even for cryptos – what could go wrong?

    • Kahlypso on March 7, 2019 at 7:09 am

      The problem being.. as soon as anyone has enough gold to start a gold backed currency.. they get invaded righteously in order to save some people you’ve never heard of, or to get justice for some False Flag event that’s put in place by politicians… (its not new.. Romans did it all the time with hired barbarians….)

      Just ask Gaddafi..

      • Robert Barricklow on March 7, 2019 at 12:40 pm

        It’s certainly their modus operandi;
        especially if they’re basically defenseless.

    • Joseph P. Farrell on March 7, 2019 at 11:29 am

      It could be anything…. because the people running this world are nutz!

      • Randy on March 7, 2019 at 3:07 pm

        Here ! Here!!

      • Robert Barricklow on March 7, 2019 at 10:42 pm

        Nobody in their right mind would want to do that,
        would they?[last line in linked article]
        You’ve blogged about this; still, the question of sanity pervades too many disciplines – and begs the question.

        • Robert Barricklow on March 7, 2019 at 10:44 pm

        • zendogbreath on March 8, 2019 at 10:51 pm

          ah ya can’t fool me. there is no sanity claus.

          • Robert Barricklow on March 9, 2019 at 12:12 pm

            Good one ZDB!
            Love The Night @ The Opera!
            Fiorello can’t be fooled!

  11. DanaThomas on March 7, 2019 at 6:55 am

    C.A. Fitts has often raised the question of trust. Now since the geopolitical actors are human (or mainly so) and thus with their human foibles, a certain amount of irregularity, whether accidental or deliberate, is baked into the cake.
    Some time ago there were reports about mass production of 1-euro coins “Made in China”, and though there were prosecutions nothing emerged about Chinese government responsibility in this (this begs the question: what about euro banknotes?).
    As signs of massive financial fraud become increasingly evident, parties such as central banks and governments will have to brace themselves for blowback on various levels. Now with almost instant communication (and clever dot connecting) is is easier than in the past to sniff out counterfeiting on various levels.
    The present situation with the use of a handful of centrally-controlled currencies by most of the world’s population is an exception if we look back in history. For example, in Europe, up to the 1700s, mixed means of payment were the rule and not the exception: tallies (wooden sticks) or similar items widely used as IOUs which when compensated were then destroyed, like the Mesopotamian tablets; also brass coins for small purchases or toll fees, silver coins for larger purchases and trade, gold used by the wealthy and for international trade.
    So what’s next: counterfeit oil? Ah, but the Germans already pulled that off long ago…

    • Robert Barricklow on March 7, 2019 at 12:53 pm

      The most infamous; and the one the Kings, Queens and aristocratic nobles despised w/a passion; was the Moors grain receipts invented, which was biased towards spending & geared for the velocity of money.
      Since the Kings and their ilk, hadn’t produced value in centuries they needed to change the rules of business to stem the rising tide of “real” wealth as well as their own decline.
      Enter the corporation, granted monopoly charter rights from a truly divine parasite, the King.

  12. anakephalaiosis on March 7, 2019 at 5:28 am


    When Christ took fall in dark deep, 
    his heart awoke from sleep, 
    and by slingshot ahead,
    risen from dead,
    he exploded into world sweep.

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