Tag Archives: world bank

FACT CHECK #94

 

Found at http://www.lindseywilliams.net/lindsey-williams-new-information-and-radio-schedule/ :

The following quotes were found in the above article by Lindsey Williams. We are not here to promote Lindsey Williams, but the content of this article contains further information that we thought you would all find very interesting. Stay tuned at the end for a brief special message from the WHA.

First, Max Keiser of the Max Keiser Financial War Reports writes:

““What will happen is there’s going to be a currency revaluation across the globe. The dollar will probably be cut in half versus its other major trading currencies. Gold in particular will have to be, as it was in the 30’s, valued upward. So gold and precious metals and any currency that beings in a basket of commodities or precious metals as the basis of that currency will, in concert, you’re going to see a revaluation of gold bullion I believe… and you can see the price of gold move up 50, 60% in one day or one week, or it could move 100% in a week. This means that all currencies are going to be revalued against gold and the currency that stands to lose the most would be the US dollar.

And people will wake up in America, as it has happened in other countries, like Iceland recently, or other bail out countries from the IMF, or in Russia, or in the UK in the 70’s and suddenly they wake up and it’s like our currency was devalued by 50%, we’re now being bailed out by the IMF and the world bank, everything at the store costs double or triple or quadruple, and there’s nothing they can do about it because it’s not like these things happening without a careful coordinated plan by the banking establishments around the world that’s setting this all up to go when it needs to go. It’s going to be relatively effortless on their part.” 

Further down the article, there is a recapitulation of the recent remarks from IMF Chief Christine Lagarde which reads:

“There is thorough analysis of the chairman of the IMF Christine Lagarde’s recent speech at The National Press Club including the blatant statement alluding to global currency reset “…forthcoming asset quality and stress tests that will take place in 2014.” Later global currency reset confirmed in her speech at Davos World Economic Forum… “We Need a RESET IN THE WAY THE ECONOMY GROWS Around the World”. The IMF is telling you what they are going to do. Definitely keep an eye out on what the IMF is saying.”

Additionally, there is a quote from Mexican Billionaire Hugo Salinas Price who comments on the current world financial system:

“…….The world is attempting to live by means of the great lie of fiat money. It will not work. You deal with Reality by means of Truth; Truth is thinking that checks with Reality. Gold is money, and if we refuse to face that fact, we are lying.” He also talks about how we got to this current global economic crisis. “We got to this state because our leaders – in Universities and in Politics – have wished to forget Reality and have thought that by using our brains we can get around Reality. Thus our thinkers and political leaders have been attempting to put Reality to one side and in its place, use fictitious money, which can be manipulated to keep people happy.” He goes on to say “Our leaders have chosen mass deceit as their instrument of power. What they will obtain will be utter chaos and disorder, and mass impoverishment.” Price goes on to say “The clear beneficiaries of monetary and credit expansion are those who get the money and the credit first, before the rest of the people. They become wealthier, at least for a time, while the rest of the people sink into diminished well-being. But, eventually, all goes up in smoke and heads begin to roll: those of the guilty as well as those of the innocent…….”

We will let you enjoy the article in total when you have time to read it. Again, we are not promoting the site other than to share information of a relevant nature to the Global Currency Reset. We get ZERO compensation if any of you patronize the products sold on the blog. 

Lastly, we have had a very brief exchange from our wonderful WH contact tonight. The exchange was very brief. There is a reason for that. We do not want to interrupt their important work with constant demands for information. We use our best judgment in this area to balance the desire for information with the even stronger desire to see their mission conclude as soon as possible. There can be no doubt that the GCR is real and is coming. The cat is way out of the bag and has scampered up the drapes and is screeching at the mouse in the rafters. Our focus now is just the general progression of the event. With that in mind I am happy to report to you all that progress is brisk and the inexorable motion towards the unleashing of the worlds largest financial transaction of our time is continuing!

Do NOT be convinced to join some offbeat campaign to call politicians or become involved in some half-baked, grabastic, disorganized hustle to “organize” so you can “be heard”. Do you honestly think that such spastic actions are going to to ANYTHING to affect what is being done behind the scenes by people who are miles away and light-years ahead of any such deluded efforts??

The best thing you can do right now is attend to your lives and just prepare yourselves as best you can for what is coming. Leave the heavy lifting to those who are expert at it.

In closing, I have to say I am very, very proud to have many of you involved in our effort to keep people informed. You have acted, FAR AND AWAY, with more dignity and intelligence than 90% of the people I have observed, who continue to forward ridiculous “intel” from “sources” and whip up the anxieties of people in a needless fashion.

Continue on, and thank you all for your readership.

And, once again, thank you to the White Hats for your continuing efforts to accomplish your mission!

WHA

IS THE INTERNATIONAL MONETARY FUND HINTING ABOUT AN ECONOMIC RESET?

 

So, let’s see what happens by Jan 28th, 

 

It has been rumored for quite some time that the economic powers in the world, namely the Bank for International Settlements, The International Monetary Fund, and the World Bank have been working closely with most of the worlds countries on an economic reset.

The idea behind the reset is to prevent a complete collapse of the banking industry worldwide.  When one calculates the amount of debt in the world today, the instability of the whole system is obvious.

So the main components of a reset will consist of a global currency revaluation, a new gold trade settlement system, and improved banking regulations to increase a banks assets and decrease their liabilities.  The Bank for International Settlements has been slowly and quietly implementing these new regulations, Basel 1, Basel 2, and Basel 3.   So banks decreasing their liabilities (less leveraging) means a contraction or reduction in the credit supply.

Since credit is another way of saying debt, we can reason that the plan is to have less debt in the world economy.  So what happens when every dollar in circulation is a debt dollar?  How do you reduce debt without decreasing economic growth?

Christine Lagarde, Managing Director of The International Monetary Fund, speaking from Nairobi today, said that they will be revising upward their forecast on global growth.  This new forecast will be made public in 3 weeks.  She stated that it was premature to say anything more.

It was only this past October that the I.M.F. issued their last global growth forecast and it was downward for 2014.  So what has changed in the last 3 months for the I.M.F. to revise the forecast upward?

If the plan is less leverage, how can we expect growth when the system of money creation is a debt based system?  We can micro analyse endless charts and money velocity forever.  The fact is our money creation method is debt based and debt is increasing at alarming rates.  So what gives?

A global currency revaluation is one of the main components of an overall macro economic reset.  The consensus is that the world’s currencies will become partially asset backed and will be revalued to reflect each countries capacity to produce and bring those assets to market.  In essence, it will be a bastardized version of fiat currencies and commodity currencies. It will be a Frankenstein monstrosity which will lumber around the country side dreaming of becoming real money, like gold or silver.  And like the sad and ill-fated beast, it will eventually die the tortured death of things that wanted to be but never could.

That death will most likely occur 10 to 15 years after the currency revaluation, so we need not worry too much about it right now.

A currency revaluation will also mean a downward revalue of the U.S. dollar, which has been the world’s primary reserve currency since 1944.  This will leave a geo-political and military hole in the world.  In fact, we are already seeing this vacuum being filled in by Russia, China, and the rest of the emerging economies.  Remember how suddenly the U.S. backed down on their Syria threats, and started making peace with Iran shortly after.  And there are rumors of secret negotiations with Cuba, Hezbollah, and even North Korea.

This rumored reset would have to be one of the most complicated and intricate systems ever attempted.  In fact, if one knows where to look, you can see this new system being created just underneath the surface of the old.  And like new flesh crawling upwards to cover the bones of the old, the economic reset will happen.  The monster will be given a new body and new life, if only temporarily.

Perhaps the I.M.F. just gave us a hint of what is too come.  Commodities may be a great place to transfer some wealth.  Especially into the very affordable Silver.       – JC

Link to the Economic Times of India article on todays announcement:

http://economictimes.indiatimes.com/news/international/business/imf-to-revise-upwards-global-growth-forecast-christine-lagarde/articleshow/28525415.cms