Jump to content
  • entries
    578
  • comments
    1,334
  • views
    116,800

Steps to the Mark. Step 7. The Global Currency. (continued)


Then there is a final step. The Special drawing Rights of the International Monetary Fund are a `token` that gives the recipient access to the IMF`s basket of currencies. And that involves five different currencies - Dollar, Pound, Euro, Yen and Yuan. They need to become `one currency.`

924517273_16b.IMFcurrencies..jpg.a5bcdf4f8b85e346caead497cf4cb53d.jpg

 

 

Now a similar transation occurred in Europe when there was a token for a basket of currencies. However eventually the `token` became the money, and the euro was born. Similarly the token for the IMF`s basket of currencies will eventually become the money, (digital) for the world. The name put forward is the Bancor.

 

1428943282_16c.bancor.jpg.af589ebe4e502ba76cb0605c2a5c74ac.jpg

 

Every nation will desire to be connected to this lender of last resort, as it appears we are all in this together, and thus safe from economic collapse. The price for such `safety,` is giving the nation`s sovereign control to an unelected organisation, which is not accountable to anyone.

 

7 Comments


Recommended Comments

existential mabel

Posted

eggs all in one basket so to speak. never a good idea even banks hedge their bets, literally.

Marilyn C

Posted

True, however the world will see the IMF basket as insurance for we are all in this together thus if one doesn`t do so good then the others will take up the slack.

When it all comes down to it, really the basis of any currency is `TRUST,` and that is what is being undermined in the US dollar - trust that they can pay, when really their money is losing value for they keep printing trillions of dollars. 

Marilyn C

Posted

That`s right, for eventually it will just be digital currency from the IMF.

existential mabel

Posted

but surely the value is still the value paper or electronic if a country falls into debt ....whereas at the moment governments print more what happens here. is this carrot and stick to abide by ..

Marilyn C

Posted

Yes the value of a country`s currency declines, however when the elite, (globalists) get all the nations in debt to the IMF then they can deal out what ever, when ever they like. It is not backed by anything but the world`s great need to have someone, any one, help save us, to keep their economic debt system going. 

It is that cycle, (you talked about once) the debt cycle, that keeps the poor, well, poor, and the rich, rich. It is all an illusion for a true economy is based on reality, on what people actually make or services, not on hyped up numbers that tell you the price of this and that, and then change. 

God`s word says to Israel that they were not to use usury/debt, exorbitant interest which creates debt that really can`t be paid off. Or as you quoted, the borrower is in debt to the lender.

existential mabel

Posted

and yet the Jews can charge interest to non Jews which i think is interesting

×
×
  • Create New...