Posted on 11/15/2018 11:54:04 AM PST by MarchonDC09122009
From Austrian Economics Investing
How coincidental was the Economists 1988 cover of a new global currency in 2018 with the advent of Chinas ending the Petrodollar system?
President Franklin Roosevelt is often misquoted for saying, In politics, nothing happens by accident. If it happens you can bet it was planned that way. However at the highest levels of global power, very often things are indeed planned out years in advance, and with the intention of creating a Hegelian Dialectic to achieve the changes desired by the Establishment.
So when the Economist Magazine published its forecast back in 1988 of a new global currency to be instituted by the year 2018, was this simply a pipe dream put forth by the globalists with the CFR, or was it a signal to the world that the Petrodollar system established just 15 years before would likely run out of gas 30 years later? And perhaps more importantly, did the architects of this prediction foresee that the future would be coming out of China and Eurasia, and that new monetary system as well?
Monetary scholar Edwin Vieira pointed out that every 30 to 40 years the reigning monetary system fails and has to be retooled. The last time around for the U.S. was in 1971, when Nixon cancelled the convertibility of dollars into gold. Remarkably, the world bought into the unbacked dollar as its reserve currency, but only because that was the path of least resistance. But here we are 40 years later, and it is clear to anyone paying attention that the monetary system is irretrievably broken and will fail. Washingtons Blog
Either way 2018 is already portending to be a year of immense change, just as it was exactly 100 years ago with the ending of World War I, and the scuttling of three global empires (Austo-Hungarian, Prussian, Ottoman). And where at that time the former Russian empire was lost to a Communist coup that would last for about 70 years, this time the return of the Eurasian power comes with their being a partner with the one economy that stands on the cusp of changing the global monetary order.
Yet what was not foreseen in all of this was the advent of cryptocurrencies, and the power of blockchain technology to change everything within the monetary system. And what is likely to come out of Chinas planned yuan denominated oil contract is a system that integrates cryptocurrencies, gold, and trade under a system that no longer requires a singular reserve currency.
Except perhaps a reserve standard known as gold.
Since 2008 when the global financial system suffered a mortal blow, Western central banks have done everything both rational and irrational to try to save the dying system. And ironically it was through these actions that allowed China and Russia to rise up and seize control over numerous markets and platforms over the past decade, leaving both the dollar, and the reserve currency system, to stand on the brink of a new currency ready to take its place.
The New World Order that GHW Bush pledged US to is almost here.
Well, I’m cashless...........so I guess I ahead of the game!...............
This is the way that so-called “mark of the beast” thing would actually be real. All financial transactions would be tracked. Barter would be the only way around it.
Ah, yes, let us all bow down before the globalists who promise us peace and security.
Let me say that I think this is coming, whether we like it or not. Technology is rapidly moving in this direction all by itself. Therefore, I believe the IMF and other globalists see this and are trying to harness it to their controlling advantage. If Lagarde really cared about innovation, as she proclaims, she would get out of the way and get her meathooks off "digital money".
Now, on to something even more important. Yes, we know this is coming. This will become the law and at some point no one will be able to buy or sell without access to state-controlled digital money. Even guys like me who stash paper money in a mattress will find that paper money will be counted worthless as, Lagarde notes, "no cash accepted" signs already appear in Europe.
The problem is now quite easy to see. Just as PayPal has denied access to business they don't agree with (NRA) so too will government controlled digital money. Just like Facebook, Google, YouTube, Twitter, et.al., now somehow "legally" prohibit "hate groups" from accessing their platforms, so too will those who control digital money. They will completely shut down people and groups and totally exclude them from commerce stream by denying them access to digital money. We see this already starting with AmEx and others. Coincidentally, business are forced to bake a cake, but it somehow is legal to completely exclude Alex Jones from access to public companies, essentially denying him commerce.
So this is all coming. Things are fast coming into focus. Lagarde and her globalists will one day push the reset, wipe out debts, and we will wake up in with digital commerce that will completely enslave you to tow the line or be forced outside of the digital world.
Be prepared.
nor brass lead and black powder and high grade steel
Here we go, Ferris...
MARANATHA!
smvoice
It is uncanny that something that was not realistically feasible when the Bible was written, was written about so spot on.
It used to be that currency was issued by a country's treasury, and was only circulated into the economy based on the completed labor of the citizens.
It's all about power to control the future labor of others.
Disallowing all future paper currency will remove the possibility for a nation to revert back to a "completed labor" economy. We would be stuck having a future labor controlled by others.
Just be ready everyone . . .God is in charge of everyone’s next breath. http://www.patburt.com
01/09/1988
Note Economist 01/09/1988 front cover depicting a new Phoenix world currency stamped “2018” Rising from the ashes of a burning Dollar and other currency notes.
Gotta give credit to TPTB for sticking to long term planning...
Title of article: Get Ready for the Phoenix Source: Economist; 01/9/88, Vol. 306, pp 9-10
From the article:
“THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
At the beginning of 1988 this appears an outlandish prediction. Proposals for eventual monetary union proliferated five and ten years ago, but they hardly envisaged the setbacks of 1987.”
(Note: the writer is apparently referring here to the events related to October 19, 1987 — often referred to as “Black Monday”— when stock markets crashed in the U.S. and around the world, shedding a huge value in a very short time.)
From what I understand, the biggest appeal of digital currency is that it effectively cuts BANKS out of the transaction process. For example, if Visa currently imposes a 1.5% transaction fee and a 0.15% interchange fee on all credit card transactions, then these fees can get steep for large transactions. Bitcoin transactions are made for a tiny fraction of a penny because they’ve cut these third parties out of the process.
Things just keep lining up. As they should.
It will go exactly as the Lord has prophesied (I know you agree).
Terrific. Thank you very much for the info.
Been a while since “Perestroika” was news ...
I’m old enough to remember talking about it to people but it was still not feasible. Now it would be a walk in the park, technically.
How times change...
[Been a while since Perestroika was news ...]
Yeah, I know. Noticed that....lol.
Interesting that we were about to get ..... NWO GHWB.
Run away as fast as you can from anything with “global” in it.
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