Wednesday, November 30, 2011

A Winter Storm and Warnings of Financial Doom

Associated Press - Central banks move to stabilize financial system

I want you to read this article and consider what it says. European, Canadian and Japanese central banks are letting commercial banks borrow U.S. Dollars. This would be like the Federal Reserve, our central bank, allow Bank of America to buy Japanese yen. The stock markets in many countries rejoiced and a good time was had by all.

Sounds great, we get to sell dollars to banks in foreign counties. We create value out of nothing. The foreign countries banks convert to the only truly internationally accepted hard currency, the dollar, which allows them greater borrowing and the ability to purchase oil, which can only be purchased with dollars.

What happens if inflation hits the U.S. Dollar? Doesn't that make all the money that these banks borrow from us worth less or possibly even worthless. Beyond that, how does giving countries which have borrowed all they can better off if they borrow even more? You also need to remember that for every dollar one of these banks borrows, they get to loan out ten. This is basically turning the dollar into a truly one world currency. We don't need to create one, we just adopted an existing one.

Did you get to vote on this, nope. Did we even hear about this prior to it being done, nope. Is there anything we can do to stop it, nope, it has already happened and not only that but the Federal Reserve doesn't have to do what the government tells it, it is a private banking reserve.

How come this isn't all over the conspiracy sites? Didn't see it on Alex Jones or Rense or David Icke. I didn't even see it on Above Top Secret. I am not recommending any of those sites to anyone, I read them to know what is being sold to their audiences. Why haven't they posted on this already, this is huge.

With this action the final seal is put on the coffin of the United States. Maybe this is why congress is about to authorize the military to arrest American citizens in America and hold them indefinitely without a trial. This is being brought to you by the same group of criminals that created the economic crisis in the first place.

What I also find odd is that we will be paid in the foreign nations currency. This basically means that each countries currency directly and immediately effects the value of the other nations currency. Lets say that today one dollar is worth two yen. Okay, you borrow a dollar and you give me two yen. Simple enough. Next week, the yen drops and it is three yen for one dollar. I lent you the only dollar that I had and you lent me the only yens that you had. For this to work, we have to keep our currencies valuation at about the same rate till all debts are paid off.

Even if you do not understand the intricacies that can result from this, doesn't it just hit you as odd? Would you like your bank to borrow foreign currency? Now lets consider how this could benefit someone. What if they create an international stock exchange where you can buy stock in any country using any countries currency. Now that makes for a truly global economy, a one world economy.