By: Brandon T. Ward
Unless you have been living in a cave for the past year or so… Russia, China as well as many other nations are now calling for a New World Reserve Currency. The United Nations has joined the bunch in calling for the same, this should come as no surprise however. Just a couple of weeks ago, a report leaked about a supposed “secret” meeting of Arab nations as well as Russia, China and France. The topic? Removing the dollar as the currency used to sell oil. This is an earth shaker to say the least, if you know anything about the “Petro-Dollar”!
Iran recently stopped selling oil for the dollar. They are now selling it for the Euro. Saddam did the same thing in Iraq and that didn’t work out so well for him did it… Wonder why the war drums are beating loudly again? This could be one of your answers…
So why is everyone up in arms over the dollar? Our monetary policy. We have been printing money for decades now without any backing (ie: gold/silver). With all of the recent bailouts, that printing has increased dramatically! According to a recent Bloomberg article, the rescue of the U.S. financial system may reach $23.7 trillion dollars! When this newly printed money hits the market, there will be inflation like you have never witnessed before.
The IMF (International Monetary Fund) has been given a bigger roll, now issuing its own currency! Called “Special Drawings Rights”, SDRs for short. It would seem our world is changing dramatically each and every day, and not for the better, but for the worse.
No one wants to buy our Treasury Notes right now and I don’t see that changing. China has pulled back dramatically and is selling off their dollar surplus. They are buying things like industrial metals and other infrastructure items, as well as Gold. China, for the first time in history has allowed their citizens to purchase Gold! Why? They know the dollar is doomed. In reality however, if we fail so does the rest of the world.
So if China isn’t buying our Treasury Notes, who is? The Federal Reserve would be your answer. But wait, aren’t they the same ones who lend us the money to begin with? Bingo! So they are basically buying stock in their own company with the money they print. It gets better all the time doesn’t it?
All of this can’t go on forever, and it won’t. The policies our country has made for years has led us to the point where we are today. It would seem that these policies have been put in place on purpose to bring down our system. Does it SEEM that way, or IS it that way? Why are all governments’ currencies, fiat (paper, backed by nothing)?
We are witnessing an enormous push for a One World Government system. The financial collapse of the earth has helped to bring this to center stage. Not to mention the global warming crazies telling us how the world is melting. In December, Obama will be meeting with the rest of the world’s leaders to possibly sign, the “Copenhagen Treaty”, a Global Warming Bill (We’ll talk more about this in another article).
If you still doubt a push for a one world governmental system, if you still think it’s just a conspiracy, it’s time to open your eyes to the facts. This information is now reported constantly by the mainstream media. No longer are these facts hidden in the cracks, they are now out in the open. When the world’s financial system finally does collapse, nations will be begging to join this world system. Desperation can bring about many things…
In closing, let’s hear it from former President George H. W. Bush (33 seconds)…