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6139008-History-of-Money

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the World acting in concert, by secret agreements arrived at in frequent private meetings and conferences. Each banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influencethe level <strong>of</strong> economic activity in the country, and to influence cooperative politicians by subsequent economic rewards inthe business World. When a currency is <strong>of</strong>f the gold standard, fluctuations <strong>of</strong> exchange can go on indefinitely”.The unbalance <strong>of</strong> international payments is worked out by a shift in exchange rates. In 1980, Jimmy Carter gave theFederal Reserve vast powers over the U.S. banking system which began their rise as a major power over the U.S.economy when he signed the Monetary Control Act <strong>of</strong> 1980. At the same time, other G7 countries passed similar lawsheralding ascendancy <strong>of</strong> the Bank for International Settlements with legal jurisdiction over the World's internationalbanking system. Its goal is to "foster international monetary cooperation" which is a deception for total control over theWorld's financial system. Prior to the 1998 Asian financial crisis, the G7 finance ministers met alone. As a result <strong>of</strong> theAsian crisis, the respective central bank ministers <strong>of</strong> the G7 countries began meeting with the finance ministers. This wasa major power play because the central banks lend money to countries that have become debtors to the central banks.Therefore the central truth is if countries become broke in the process, then the evolving international financialarchitecture turns out to be a transfer <strong>of</strong> wealth into the hands <strong>of</strong> the international bankers.Again, as Quigley writes: "[T]he powers <strong>of</strong> financial capitalism had another far reaching aim, nothing less than tocreate a World system <strong>of</strong> financial control in private hands to be controlled in a feudalist fashion by the central banks <strong>of</strong>the World." At every turn, this control is growing and expanding over each individual country.The Group <strong>of</strong> EightOver the past 29 years, the Group <strong>of</strong> Eight or G8 has become a key World center <strong>of</strong> power. It began when Nixon took thedollar <strong>of</strong>f the gold standard in 1971. By 1973, he called to the White House the heads <strong>of</strong> state <strong>of</strong> three countries' alongwith their finance and foreign ministers. There they determined how the World was to be financially governed. Two yearslater, the U.S., France, England, Italy, Japan, and Germany met in Rambouillet, France where the G5 power structure wasbirthed. A year later Canada joined and it was the G7 until 1999 when Russia joined and it became the G8. Currently,there is talk <strong>of</strong> China joining the G8 process because <strong>of</strong> its growing economic and trade power.In their first Communiqué in 1975, the G8 declared their purpose: “We came together because <strong>of</strong> shared beliefsand shared responsibilities. To assure in a World <strong>of</strong> growing interdependence the success <strong>of</strong> the objectives set out in thisdeclaration, we intend to play our own full part and strengthen our efforts for closer international cooperation”. Actually,the original purpose <strong>of</strong> the G8 was to monitor a post-gold World. But its structure has expanded through the addition <strong>of</strong> aglobal cabinet. Because their agenda now includes such governmental oversights as labor, education, law, finance, health,transportation, trade, and foreign affairs, the respective ministers <strong>of</strong> these functions meet year-round. The G8 has neverhid its goal <strong>of</strong> global integration and it appeared in a 1991 declaration: "We seek to build World partnership,based on common values and to strengthen the international order."In 1994, they strengthened the international financial architecture <strong>of</strong> free trade and new international mechanisms t<strong>of</strong>acilitate economic integration. They pledged their full energies "to strengthening the institutions in partnership with theentire membership to enhance the security and prosperity <strong>of</strong> the World. The major challenge confronting us is to manageincreased interdependence." And later, in 1998, they wrote, "In a World <strong>of</strong> increasing globalization, we are ever moreinterdependent. In an interdependent World, we must work to build sustainable economic growth in all countries." All <strong>of</strong>these declarations clearly bear out the G8 over-arching objective <strong>of</strong> global integration. While the goal <strong>of</strong> global integrationmay sound utopian and a way <strong>of</strong> achieving World peace, it can be seen in another light: one <strong>of</strong> gathering the natural andmanufactured assets <strong>of</strong> the various individual nation-states and transferring them into a global market whereby the mostpowerful can control the value <strong>of</strong> the market by buying low and selling high, leaving the small investor to wonder wherehis unrealized gain went. It was transferred into the bank account <strong>of</strong> those who REALIZED the gain at the market-top.This is a direct transfer <strong>of</strong> wealth!!! A transfer <strong>of</strong> assets requires an open system-a World without borders where lawsfacilitate integration and harmonization. The biggest economy in the World, the U.S., has been the driving force behindsuch integration. The Monetary Control Act <strong>of</strong> 1980 is foundational to asset transfer and ensuring integration marketbasedgovernance. It is not until we review the admonishments <strong>of</strong> our first president, George Washington quoted in theearlier sections, that we see how far we have strayed from nationalism and the ability <strong>of</strong> our country to protect itself fromforeign and domestic enemies <strong>of</strong> all kinds, including those presidents who are traitors to the U.S. Constitution.Perpetual Boom-Bust Cycles to Enrich to BankLords per Mike MontagneFor the rapid growth which could ensue the WW2 destruction, something like starting from a new beginning, newcommerce could operate under initial debt. In other words, history illustrates the system does not provide for repairingthe fractured system. After it collapses all we have worked for, we may be so deluded as to simply tolerate restarting thesystem anew, to repeat its inherent, unavoidable cycle <strong>of</strong> multiplying plunder to yet another subsequent collapse. Ofcourse, a further option is instead to establish justice and solution. After all, there are ten-year-old mathematicians allover the country who can confirm solution, who neither wish to spend the rest <strong>of</strong> their lives paying for the same home youdid. As under any such system, debt is multiplied by ever greater increments <strong>of</strong> periodic interest on ever greater debt,growth and increasing prosperity were initially less impeded through the 50s and 60s.The Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 378

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