What the BIS?

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So now that we are all up to speed here on a brief history of the US Federal Reserve. Let’s take a closer look at our money system here at home. Canada. That’s right, it’s a great nation, but as you all know, or should know; Canada is not free from scandal or having bankster’s on a covert mission to hijack our money supply. As the saying goes…

Give me control of a Nations money supply, and I care not who makes its laws.

So, up until 1974 the Bank of Canada could, and did loan out money to the people of Canada to fund many different things. During the grips of the Great Depression known as the ‘dirty thirties’ there were very few jobs to be had in Canada. So what the Nation did was turn to the Bank of Canada to print some money to snap us out of the great depression. Legal tender was printed and loaned to the public interest free. This money was used for the war efforts, and coincidentally at the time we had the 3rd largest navy fleet in the world. A great achievement for a country with little population yet a great land mass. After the war this money was used for major infrastructure projects such as the St Lawrence Seaway and hydro electric project, the Trans Canada Hwy was built. It was also used to build hospitals and help fund a world renowned medical system. You name it, anything that helped make this country great, this interest free money funded. Times were good, society was riding the coat tails of the post war boom, politico’s could mostly be trusted. Life was good.

Almost too good I guess, as the globalist of the day did not like this deal Canada had going. After all we were a peaceful Nation with with a massive land mass filled with riches. How could we have our own money supply?

Well now. We can thank the late Pierre Trudeau, for in 1974 he decided to sign over Guidance and Control of the Canadian Banking System to the Bank for International Settlements (BIS). Up until 1974 Canada had a sound banking system, where there was very little inflation of the currency and we had a very manageable National debt. Have a look at the chart below and you will clearly see.

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So why would Pierre Elliot Trudeau do this to our great Nation?

Well Mr. Trudeau was a Bilderburg attentdee, and if you have been following along and paying attention here you will know what the Modus Operandi or MO of that group is all about.

If you would like a refresher see Bilder Who?

Now let’s look at the Bank for International Settlements (BIS) and see what their MO is all about. Here is an  excerpt taken from a link here that says a lot by saying a little

Maybe we’d feel better about the BIS if it were more transparent, but most everything about it, including its bi-monthly member and board meetings, is shrouded in secrecy. And perhaps more worrisome is that the BIS is free from any democratic oversight. By rights granted under its agreement with the Swiss Federal Council, all of the bank’s archives, documents and “any data media” are “inviolable at all times and in all places.” Furthermore, officers and employees of BIS “enjoy immunity from criminal and administrative jurisdiction, save to the extent that such immunity is formally waived, even after such persons have ceased to be officials of the Bank.” Finally, no claims against BIS or its deposits may be enforced “without the prior agreement of the Bank.” In other words, they can do whatever they want, without consequences.

Not very heart warming that is for sure.

Honestly it breaks my heart. But, no point in crying over spilt milk. As these problems are not going to go away or solve themselves.

This system currently leaves us (the tax payer) locked into a perpetual cycle of chasing compound interest on debt that can mathematically never be paid off.

So, what is really happening the world over is this; the globalists bankers (the real crazies) are setting up Sovereign Nation’s up with crippling debt’s. They are setting these Sovereign Nation’s up to fail. They want Sovereign Nation’s to fail as they would be more than happy to set up shop, as one stop shop, global bank for the world. These globalists have given themselves the right and the power to print money from nothing no less, and charge taxes on everything. Essentially keeping us enslaved to an unjust system. I know it all sounds crazy, and it is down right crazy. But, one needs not look very far to see the signs of things to come.

Simple observation of the world around us tells the tale.

One can ignore reality, but one cannot ignore the consequences of ignoring reality

Reset?

Reset

There’s no mistaking that we are living in interesting times. Some people say that within our lifetime or perhaps a generation or two we will see an economic collapse of our current debt based economy. However, if you take a closer look at the situation you will realize and see that we are currently living through an economic collapse. Just most can’t see the forest for the trees.

Let’s have a closer look. Shall we?

So the last few posts here at Reality Next have really shed some light on the elaborate scam that the Federal Reserve has going on the US government (the American people) and how that scam is perpetuated on the rest of world through the use of the petrol dollar currency. Now it is no wonder that the few who are really behind this scam want to keep it going and keep it secret. However, to the rest of us roaming this planet who just want to live in peace, have clean drinking water, and have affordable food and shelter; well our current system is rapidly becoming a pretty raw deal. I understand things have been good for us here in North America, and most have lived quite a privileged life, but times they are a changing. May I suggest to avoid utter heart break in the near future, one should learn to expect less. You see while we have been consumed with consuming, the banksters have been pulling a fast one on our financial and political systems to the point where they are close to catastrophic failure.

No one person is to blame and no one person can solve the problem.

So this brings us back to the US dollar being the world reserve currency. A currency in which the rest of the world uses to settle their debts with one another and complete business transactions. This has allowed the United States to export its inflation to the rest of the world as the rest of the world desires their currency. Fair enough. No other country in the world has the option to print trillions of dollars without destroying their currency and causing massive inflation. Now the reason this works for the US and for all other countries doing business in US dollars because they all have confidence that the US dollar has value. There is no longer any said reserve for the US dollar. It is simply backed by confidence. People have confidence that they can take that said dollar and exchange it for food, for shelter, for water, for transportation, for useless crap they don’t need, or whatever they so desire. There is confidence that at sometime at a later date the person holding the paper money the US dollar (or any other fiat currency for that matter will) be able to exchange it for tangible goods.

This confidence has been built up over the years and decades and very few now question the strength and confidence of the US dollar. Now like any good relationship we all know that years of trust and confidence can be shattered in an instance under the right circumstance. Just what that circumstance is for the US dollar remains to be seen, but if we are to use history as a guide… Well every boom ends with a bust. When and what triggers this bust is the variable, the bust is the constant. Research any paper currency and see how it ends. It is not different this time.

Now today was an interesting day that many economists had ear marked on their calendar. Today was the day the US Federal Reserve was to announce their interest rate policy. Many economist thought that today was the day that we would finally get lift off from ZIRP (Zero Interest Rate Policy) after over 6 years of these ’emergency’ low rates. Well we didn’t get any lift off despite all of the headlines that the US economy is growing and in recovery mode after 3 rounds of QE (qualitative easing) which can be simplified to money printing to the tune of about 4 trillion dollars. Now after all this fixing of the markets and money printing after the 2009 GFC (global financial crisis) the US is still stuck at ZIRP. Sucks for savers.

For over 60 years now the world has looked to the US as a beacon of hope for freedom in the world, a chance, and a shot at the American dream. The rest of the world for the most part was happy with the big kid on the block so long as the rules of the game remained relatively fair. However, the rules of the game have been changed and thanks to the internet and freedom of speech the cracks are starting to show. There is a much better way to do business and I am sure the vast majority of people would like to get on with a much more fair way to conduct their business. This is where confidence or lack there of will come into play.

If the rest of the world does successfully turn their back on the US dollar and find other ways to do business then the US will see massive inflation and a currency collapse. This is why it seems they will stop at nothing these days to protect and preserve the reserve currency status they have on the world stage. If the world were to stop doing business in US dollars then all those trillions of dollars that have been printed and exported would come home to roost as demand and confidence abroad ceases to exist.

All of that exported inflation will be home to haunt holders of US dollars. Just some food for thought.

The real crazies know this and do not want you, or us to.

I will leave you with a quote from Dr Paul Craig Roberts who has some serious cred with regards to US monetary policy. Having been deeply involved with the US government during the Reagan administration.

The democratic processes are corrupted, the people are ignorant – they’ve got no idea of what’s going on or what to do about it, and neither do the economists – and certainly the policy makers in government have no clue, and so correcting it is really out of the question – it’s going to blow up

Please choose to NOT be part of the ignorant people.

With Interest?

OilDollar

Let’s continue on from our last post here at Reality Next and look into money creation and interest.

Now most bankers or economists will tell you that the creation of money is more complex than doing quadratic equations while playing guitar and riding a unicycle, and that very few have the mental capacity to understand. Well in reality, it’s not that difficult to comprehend.

Let’s take a closer look.

First off since the Federal Reserve is a private entity. They are taking a skim off of every dollar they create out of nothing as a result of the interest charged to the US government (the American tax payer) on the money the Federal Reserve creates. They create the money which in turn is loaned to the US government with interest, that the tax payers are liable to repay. Now here is the kicker. Lets say the Federal Reserve creates 1000$, and to keep things simple let’s say that there is an interest rate of 10% charged to that 1000$. This brings the total debt to be repaid to 1100$, but the Federal Reserve only created 1000$. Therefore there is never enough money in circulation to ever pay back the debt that is owed. This debt based system thus keeps the US government perpetually in debt to the Federal Reserve. Now who is liable to the US government or any other government with a private central bank? If you guessed the tax paying public. You are correct.

Here is a short (3 min) video that simply explains what we just discussed.

Now you can easily see how being in the business of being a Central Bank is a very lucrative deal. Even the best natured person with only the best of intentions would have a hard time not abusing this power for their own good. Now, what do you think might happen if the power was in the hands of a small group of people (the real crazies) who have been planning this control over decades and centuries? If you guessed we would be living in a crazy mixed up world driven by corruption and greed like we are now. You are correct again.

Ok. So let’s move on. The Federal Reserve is taking a skim off of the US government whom they own and control. Fact. If you still think otherwise you are sadly mistaken, and I would love to be proved wrong on this BTW. Now let’s look at how the US government and how the petrol dollar (the US dollar) takes a skim off of every barrel of oil sold world wide. Like we already discussed in the previous post. What is better than backing your currency with gold? Backing it with oil.

Since the the 1970’s the world has been using US dollars to purchase oil. This was a very clever move by the US government when they broke away from the Bretton Woods agreement and made a deal with Saudi Arabia that in exchange for military might the Saudi’s would only sell their sell their oil in US dollars. Eventually all OPEC (Organization for Petroleum Exporting Countries) would follow suit and this became business as usual. OPEC would control the price through supply and demand outputs, and they would also ensure that if any country in the world wanted to buy oil that they would need to get their hands on some US dollars to do so.

So how does the US get a cut from oil being sold in US dollars anywhere on the globe? Well if you are a country with limited resources you would need to convert your currency to US dollars to purchase oil for energy. Now the transaction fees to do this are high and it is a costly and inefficient way to do business. The better way is to build or export something that the US wants or needs in exchange for the US dollars you need to buy oil. This system has worked immensely well for the US, as the Federal Reserve can literally create money out of nothing, charge interest to the US government (the American tax payers) then go trade that money for goods or imports so that some other country can by oil for their energy needs.

Another spin off to this system is that the US gets to export their inflation. See normally if a country prints and prints money like the US has, then the value of each dollar goes down because there are simply more dollars chasing the same amount of goods. Inflation of the currency. Now since there has been and there is still demand for US dollars because the rest of the world needs them to buy oil, the US has essentially exported their inflation. This is why the US government right now will stop at nothing to have the status quo maintained of all oil being sold in US dollars.

Like I have noted previously all the recent wars that have been happening have much more to do with how oil is sold and traded than they do with weapons of mass destruction or mean and evil dictators. Is it a coincidence that the so called axis of evil that George W Bush labelled are all countries wanting to buy oil without using US dollars to do so. I think not. The American people and the world have been lied to about what really happened on Sept 11, 2001 and are continually being lied to about current wars and geopolitical events.

There is more to come here at Reality Next on Federal reserve week so please stay tuned and remember this…

The further a society drifts from the truth, the more it will hate those who speak it – George Orwell

Let’s understand rather than hate

Funny Money?

Federal Reserve Building

First off let me apologize to all you die hard Reality Next fans out there, as I took a little break. A sabbatical if you will, as I had a nice visit home with my family to celebrate a wedding.

Let’s get back to business here and talk about money. A subject we should all know a little more about as there is no way to survive in this world without it. Yet very few know much about it or understand its origins. After all they do not teach what we are going to talk about here in school. Sadly the powers that be would prefer you stayed ignorant to this subject which thus keeps us indebted to them.

I want to talk about Central Banks, and of these banks let’s start off with the grand daddy of all Central Banks; The Federal Reserve. This is the Central Bank for the United States of America and contrary to what the name would lead you to believe there is nothing Federal about it, nor do they really hold any reserves to the vast amount of monies they have been printing over the years. It’s a private bank, printing currency that is now simply backed by nothing more than trust.

America once had control over their own money supply that was backed by gold and silver. However, in around 1910 there were several secret meetings that took place on Jekyll Island of the coast of Georgia. The purpose of these meetings was to draft the then proposal for the Federal Reserve Act. Then on December 23rd 1913 while most of congress was home with their families, President Woodrow Wilson signed into law The Federal Reserve Act. That single act transferred the power and control of the Nations money supply from the United States Government into the hands of private bankers.

Since the Federal Reserve has had control of America’s money supply it had taken about 100 years to get an official audit, and the results were not good. See Here. Doesn’t look like a solid foundation for a currency that is backed only by trust. It seems they have strange concept of trust.

Now let’s talk about how the USD became simply backed only by trust as it once was backed by gold and silver. What happened?

All paper currencies started out as a paper receipt redeemable for gold or silver. Paper currencies were and are convenient to make change with and easily transported and exchanged for goods or services. After WW2 America ended up with large sums of gold which further backed their currency and the post war boom. However, as the years ticked on and America continued to expand and print their money supply other countries became suspicious of how much gold the US actually had in relation to the money they were printing. Remember that paper monies were once printed coupons redeemable to gold. Anyways, as the Vietnam war raged on and the Federal Reserve continued with its printing press, the world became more suspicious of America’s gold reserves in relation to printed dollars.

The Bretton Woods Agreement is an obligation for each country to adopt a monetary policy that maintained the exchange rate by tying its currency to gold. Well, in the early 1970’s when the rest of the world was questioning the ratio of USD to gold, the US who is at mercy to the Federal Reserve had no other option but to decouple their currency from the Bretton Woods standard, therefore no longer having their dollar backed by gold. However, crafty as they are these Central Bankers. Knowing that this would be a problem to not have your currency backed by gold, they (The Federal Reserve) in the most clever of ways backed their currency not by gold, but by the next best thing. Oil.

So how do you back your currency with oil. Well you could start by providing military might to the worlds largest oil producer who is having troubles with their neighbours in the region. Yep, they made a deal with Saudi Arabia, that if Saudi Arabia only sells oil in USD then they will get all the military support they need from the most powerful military on earth. And that is how the petrol dollar was born. The Federal Reserve simply gets a cut from every barrel of oil sold on a global scale, in USD. Now do you understand how they have pretty much unlimited funds for their war machine?

If you think the war in Iraq was really about weapons of mass destruction and planes flying into the World Trade Centre; well then… You are way way off. The war in Iraq was really about Saddam wanting to sell his oil in Euro dollars instead of US dollars. To this day these wars continue, but you will not hear the truth about them on CNN or FOX news.

Ok. So I went off on a bit of a tangent here and it’s clear to me now that this whole topic of Central Banks and the Federal Reserve is going to take much much more than these 897 words thus far to sort through. So looks like this is just the beginning of Federal Reserve week here at Reality Next.

Here is a link to a video on the Federal Reserve explained in 7 minutes.

I look forward to continuing with this conversation

Sustainable Development?

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Sounds good on paper. Right?

I mean what’s not to like about sustainable development?

Plenty these days. You see sustainable development has been and is the UN’s (United Nation’s) catch phrase for Agenda 21 or soon to be Agenda 2030. I guess things were not moving fast enough or swift enough for the real crazies. (see glossary if you are new here) Perhaps the real crazies are realizing too many people are waking up and catching on to their ultimate plan, or perhaps they just feel like they can do whatever they want. Well, technically they have and are doing whatever they want with little to no resistance.

No one person can stand in front of this freight train that is about to smack true freedom right in the face. Truth is, we are and have been, as a society drifting further and further from the truth and true freedom for sometime now. While most have been distracted with matters of no real importance (I’m guilty too) the powers that be, the real crazies have been hard at work herding us into a trap.

Now that the trap has been set.

Let’s not be fooled, and take the bait.

Coming up in the next few weeks the UN (United Nation’s) or front for the NWO (New World Order) will be having a meeting where Pope Francis will address the Annual General Assembly of World Leaders in New York city on Sept 25. This meeting from Sept 25-27 will also be when the UN unveil their new platform for Agenda 21 which will now be called; The 2030 Agenda.

So why would the Pope, the leader of the Catholic church need to address the United Nation’s? Well let’s look into what the Vatican has been saying for years about what needs to happen. Doesn’t sound like sustainable development to me, but I shall let you decide.

Now this article goes back to October of 2011 and I will give you an excerpt here verbatim to let you decide what is going on.

A “global political authority” and a “central world bank”: These are the solutions that the Pontifical Council for Justice and Peace recommends for the worldwide financial crisis. “Towards Reforming the International Financial and Monetary Systems in the Context of Global Public Authority,” the document outlining the council’s recommendations, is, in the words of author and Roman Catholic Thomas E. Woods, Jr., “deeply confused,” at once recognizing that central bank-driven inflation and easy credit are at the root of the world’s financial woes and prescribing even bigger government and more highly centralized banking as the cure.

So right there the Catholic church is hinting at the fact, they claim that a global political authority is required to fix a worldwide financial crisis. Yet some remain deeply confused as to why a larger more centralized banking system would be the cure to the world’s financial troubles. As they are also seen as the root cause?

But that’s not all.

Here is another article from the Business Insider dated Oct 2011 goes onto state.

Vatican officials accidentally call for the establishment of a One World Global “Authority” to regulate financial markets and national governments.

The Business Insider then goes on to pull an excerpt from the exact same article that the above dissected. Just so you are well aware; both the above articles were base on study of an exact article taken off the Vatican website. You’re welcome to read it here if you like. I’m thankful that some have taken the time to read and understand it, because it’s a rather dull read. Anyways let’s take a closer look at what the Business Insider found.

A supranational Authority of this kind should have a realistic structure and be set up gradually. It should be favourable to the existence of efficient and effective monetary and financial systems; that is, free and stable markets overseen by a suitable legal framework, well-functioning in support of sustainable development and social progress of all, and inspired by the values of charity and truth. It is a matter of an Authority with a global reach that cannot be imposed by force, coercion or violence, but should be the outcome of a free and shared agreement and a reflection of the permanent and historic needs of the world common good

A supranational Authority. Really? Let’s look up supranational

Supranational – having power or influence that transcends national boundaries or governments.

Secondly. How is it that free markets have to be overseen? Would that not be contradictory of free markets?

The writing is on the wall folks. They can sugar coat these Agenda’s and use key words like ‘sustainable development’ or for the ‘common good’ but please don’t be fooled by it all. We are currently living in a time of plenty, no one in the world should go hungry, or not have clean drinking water. But they do. Central banks can print infinite amounts of money, yet the gap between the rich and the poor grows steady by the day. The church, or the state is not interested in our well being, they simply pretend to care to win our hearts and our minds to further their own agenda of complete control over our lives.

Sustainable development is nothing more then having the church and the state micro-manage our lives for what they are going to call the ‘common good’. Left unchecked, or only overseen by a ‘supranational authority’ this micro-management will become relentless. They real crazies don’t want you and I to have free will, they don’t want communities to support themselves and each other. They want complete control and complete dependence on the corrupt system that they provide. This sustainable development angle is nothing more then a clever play on words to get the masses to accept their new master.

Don’t be fooled.

And just in case you thought this new Pope. Pope Francis is different from his predecessors; have a look here what he most recently has to say about a world government.

Don’t be fooled. The church or state’s version of eliminating poverty has nothing to do with eliminating poverty. On the contrary, their plan is to make poverty universal to all but them. It’ll be for the ‘common good’ right? We have all the tools we need right now to eliminate poverty. We just lack the leadership and will to make it happen.

Like it or not, we are merely one crisis away, be it fabricated (most likely) or by chance, from a dreaded one world government where unelected officials dictate to us, just how it’s going to be. You think our elected leaders are shady? Just wait until they have absolute power.  You know what they say about absolute power; It corrupts absolutely.

This is why, now more than ever, we need to free our minds from the years of programming that has been carefully scripted to keep us all dumbed down. Years of programming that has taught us not to think for ourselves. Years of programming that has taught us not to question authority. Years of programming that has taught us to trust our ‘leaders’ without question. Years of programming that has taught us to believe everything we hear on the nightly news. Years of programming that has taught us that anyone who does not agree must be some sort of crazy conspiracy theorist.

Ask yourself this…

Do we really need a supranational authority to keep us safe in our own community?