BANK OF INTERNATIONAL SETTLEMENTS:THE MOST POWERFUL BANK IN THE WORLD HAS JUST ANNOUNCED THE WORLDS FINANCIAL SYSTEM CRASH!
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The Bank for International Settlements, the most powerful bank in the entire world, has just announced ‘the crash’ according to this story below translated below from Germany. Is this why the US Federal Reserve has just decided on QE infinity? We appear to have reached a new era in the collapse of the US economy and our country, they aren’t even going to try to hide nor stop this any more. The crash has been announced by BIS.
The decision by the U.S. Federal Reserve to continue indefinitely to print money (here ) might have fallen on ”orders from above”.
Apparently, the central banks dawns that it is tight.
Very narrow.
The most powerful bank in the world, the Bank for International Settlements(BIS) has published a few days ago in its quarterly report for the possible end of the flood of money directly addressed – and at the same time described the situation on the debt markets as extremely critical. The “extraordinary measures by central banks” – aka the unrestrained printing – had awakened in the markets the illusionthat the massive liquidity pumped into the market could solve the fundamental problems (more on the huge rise in debt - here ).
This clear words may have meant that Ben Bernanke and the Federal Open Market Committee, the Fed got cold feet. Instead, as expected, which is now formally announcing the end of the flood of money, the Fed has decided to just carry on as before. If one is to the BIS experts believe that no single problem is solved. All problems are only increasing.
Because the BIS but apparently does not know how they get the genie back in the bottle, it pays to listen to those who were part of the system – but now have no official functions and therefore more able to find clear words. The former chief economist of the Bank for International Settlements (BIS), William White, was also reported to be parallel to the BIS word. His statements are nothing more and nothing less than an announcement of the big crash.
O.k. so as I understand finance, if I owe you %100 & you owe me $100, aren't we even? Who does EVERYONE owe this money TO? Let a mother that manages to feed, clothe, keep her children warm & clean on a limited budget take over the fiscal responsibilities of the world. Better yet, do away with money completely.
I agree with both of you, however, as I just learned, it is much more complicated than that. Your understanding of finance and how it "should work" is sound, for sure. The system is rigged against you, just like a Casino. If you are an expert, and know how to predict the rise and fall of commodities, then just like the card counter in a Casino, you can beat the house. This only happens if you study the numbers well, all the numbers. Most of us are knowledgable, but lack the fine expertise it takes to predict when a commodity will tank, or take off. Most of us catch it on the rise and fall of those peaks and valleys and sometimes make a bit of money. The truly successful people, catch it when it's super low, sit on it, ride it to it's peak, and get out while the getting is good! It's a constant cycle that repeats itself and if you can learn how to ride that wild horse, you can make out like a bandit! Real Estate, Metals, Food and necessary industries are all sound investments if you can ride the cycles. Right now the Real Estate bubble is about to burst and precious metals are poised to go up.
It's a system of IOU's and receipts for IOU's right now, based on a Fiat currency that has no value. At least metals have some intrinsic value and are, or used to be the basis for all money. The problem with America's and indeed the world's economies is that when you borrow $100, you do not owe $100 in return, you owe $200. Revolving debt.
The way it works is, or government borrows money from the fed, the fed prints worthless paper, loans it to our government, our government in turn spends it on all these programs, then they pay interest on those loans, in the form of income tax, problem is, it can never be paid off, lets say you borrow money from a bank, 10,000 lets say, well as soon as you do, the bank digitally raises their assets 20,000 dollars, its a system doomed to failure, because the money they print, they print out of thin air, then charge us interest on it
power creates corruption ! Absolute power creates Absolute Corruption . The Federal bank has been corrupt since the day of conception . Why - Because the Person/s that brought about this monster were greedy-selfish and self serving - self absorbed . All they thought about was Global control -control the money=Banks. control the land = land banks . control the housing market =banks . control pension funds = banks .control insurances = banks . control you wages = banks . You getting it now . OH why control Governments = banks.
the debt is interest on the money the private foreign entity called the federal reserve charges to print money for the American people because the American people have been duped into believing we no need to pay attention to our constitution that states the government can "coin' money itself. So the US Corporate government contracts the federal reserve (private entity not government) to print money for them and we with our INCOME TAX pay the debt back WITH INTEREST. We could be "coining" our own money at no charge to the people....but...they've takem control of education so the people are programmed to only know what the bankers want them to so they can do what they do....rape, pillage, and plunder....and the people willingness go along because they know not the truth...truly sad!
The root cause is private ownership of currency and credit. Article I, Section 8 and Section 10, of the U.S. Constitution essentially say that the Federal Reserve Act (passed by a scant majority of bank operatives over Christmas recess in December 1913) is unconstitutional. This means that the current world banking system, which uses Federal Reserves Notes (private bank notes for which we pay compound interest to use) has no justifiable basis. If we returned to public control over currency and credit--as we had with the original 13 colonies, the Continental Congress, and with Lincoln--the debt could easily be wiped out and we could create a stable currency (as I show on this blog post: http://coloradopublicbanking.blogspot.com/2013/08/for-profit-banks-admit-failure-seek-to.html?view=sidebar). This would put an end to the attacks against the Islamic countries of the past dozen years (Afghanistan, Iraq, Tunisia, Yemen, Egypt, Libya, Syria, etc.), all of which owned their own currency and had their own central bank (as discussed here: http://www.puppet99.com/).
It is not a crash it is a transition to a new system RUN BY THE PEOPLE. All governments. banks and corporations are foreclosed meaning everything is restored to the people. Research the One People or the One Peoples Public Trust..... UCC Filings are now NATIONAL LAW!!
The scare tactic's of the media are beating the drums loud. Keep calm and give them no reason, let them show their hand in this to the full view of the world. Peace is the answer but you must keep your own fears at bay and in your control.
O.k. so as I understand finance, if I owe you %100 & you owe me $100, aren't we even? Who does EVERYONE owe this money TO? Let a mother that manages to feed, clothe, keep her children warm & clean on a limited budget take over the fiscal responsibilities of the world. Better yet, do away with money completely.
ReplyDeleteI like the way you think!
DeleteI agree with both of you, however, as I just learned, it is much more complicated than that. Your understanding of finance and how it "should work" is sound, for sure. The system is rigged against you, just like a Casino. If you are an expert, and know how to predict the rise and fall of commodities, then just like the card counter in a Casino, you can beat the house. This only happens if you study the numbers well, all the numbers. Most of us are knowledgable, but lack the fine expertise it takes to predict when a commodity will tank, or take off. Most of us catch it on the rise and fall of those peaks and valleys and sometimes make a bit of money. The truly successful people, catch it when it's super low, sit on it, ride it to it's peak, and get out while the getting is good! It's a constant cycle that repeats itself and if you can learn how to ride that wild horse, you can make out like a bandit! Real Estate, Metals, Food and necessary industries are all sound investments if you can ride the cycles. Right now the Real Estate bubble is about to burst and precious metals are poised to go up.
DeleteIt's a system of IOU's and receipts for IOU's right now, based on a Fiat currency that has no value. At least metals have some intrinsic value and are, or used to be the basis for all money. The problem with America's and indeed the world's economies is that when you borrow $100, you do not owe $100 in return, you owe $200. Revolving debt.
DeleteRemember what happens if you get caught counting cards at the casino???
DeleteThe way it works is, or government borrows money from the fed, the fed prints worthless paper, loans it to our government, our government in turn spends it on all these programs, then they pay interest on those loans, in the form of income tax, problem is, it can never be paid off, lets say you borrow money from a bank, 10,000 lets say, well as soon as you do, the bank digitally raises their assets 20,000 dollars, its a system doomed to failure, because the money they print, they print out of thin air, then charge us interest on it
Deletepower creates corruption ! Absolute power creates Absolute Corruption . The Federal bank has been corrupt since the day of conception . Why - Because the Person/s that brought about this monster were greedy-selfish and self serving - self absorbed . All they thought about was Global control -control the money=Banks. control the land = land banks . control the housing market =banks . control pension funds = banks .control insurances = banks . control you wages = banks . You getting it now . OH why control Governments = banks.
ReplyDeletelol women
ReplyDeletethe debt is interest on the money the private foreign entity called the federal reserve charges to print money for the American people because the American people have been duped into believing we no need to pay attention to our constitution that states the government can "coin' money itself. So the US Corporate government contracts the federal reserve (private entity not government) to print money for them and we with our INCOME TAX pay the debt back WITH INTEREST. We could be "coining" our own money at no charge to the people....but...they've takem control of education so the people are programmed to only know what the bankers want them to so they can do what they do....rape, pillage, and plunder....and the people willingness go along because they know not the truth...truly sad!
ReplyDeleteThe root cause is private ownership of currency and credit. Article I, Section 8 and Section 10, of the U.S. Constitution essentially say that the Federal Reserve Act (passed by a scant majority of bank operatives over Christmas recess in December 1913) is unconstitutional. This means that the current world banking system, which uses Federal Reserves Notes (private bank notes for which we pay compound interest to use) has no justifiable basis. If we returned to public control over currency and credit--as we had with the original 13 colonies, the Continental Congress, and with Lincoln--the debt could easily be wiped out and we could create a stable currency (as I show on this blog post: http://coloradopublicbanking.blogspot.com/2013/08/for-profit-banks-admit-failure-seek-to.html?view=sidebar). This would put an end to the attacks against the Islamic countries of the past dozen years (Afghanistan, Iraq, Tunisia, Yemen, Egypt, Libya, Syria, etc.), all of which owned their own currency and had their own central bank (as discussed here: http://www.puppet99.com/).
ReplyDeleteIt is not a crash it is a transition to a new system RUN BY THE PEOPLE. All governments. banks and corporations are foreclosed meaning everything is restored to the people. Research the One People or the One Peoples Public Trust..... UCC Filings are now NATIONAL LAW!!
ReplyDeleteWe are surely becoming a third would nation if something isn't done soon.
ReplyDeleteThe scare tactic's of the media are beating the drums loud. Keep calm and give them no reason, let them show their hand in this to the full view of the world. Peace is the answer but you must keep your own fears at bay and in your control.
ReplyDelete