420 Largest Banks Demand Global Currency, World Federal Reserve

[FrankRep]

420 banks demand 1-world currency (http://www.wnd.com/index.php?fa=PAGE.view&pageId=213953)
International finance group seeks remedy to looming exchange wars


World Net Daily (http://www.wnd.com/)
October 10, 2010



The Institute of International Finance, a group that represents 420 of the world's largest banks and finance houses, has issued yet another call for a one-world global currency, Jerome Corsi's Red Alert reports (http://www.redalert.wnd.com/index.php).

"A core group of the world's leading economies need to come together and hammer out an understanding," Charles Dallara, the Institute of International Finance's managing director, told the Financial Times.

An IIF policy letter authored by Dallara and dated Oct. 4 made clear that global currency coordination was needed, in the group's view, to prevent a looming currency war.
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http://www.thenewamerican.com/images/stories/Econ_9_10/2619-cs.jpg (http://www.shopjbs.org/index.php/tna/subscriptions/1-year-standard-subscription.html)


The Emerging Global Federal Reserve (http://www.thenewamerican.com/index.php/economy/economics-mainmenu-44/4602-the-emerging-global-fed)


As powerful as the Federal Reserve is, just imagine how much more powerful a global Fed would be in terms of its ability to control the global economy and an emerging world currency. By Alex Newman

Waking up to a World Currency (http://www.thenewamerican.com/index.php/economy/economics-mainmenu-44/4591-waking-up-to-a-world-currency)


If global financial elites have their way, America will move quickly toward accepting a planetary fiat currency (a currency not backed by a precious commodity like gold) issued by a world central bank. by Alex Newman

IMF Report Promotes Global Fiat Currency, World Central Bank (http://www.thenewamerican.com/index.php/economy/economics-mainmenu-44/4262-imf-report-promotes-world-currency)


An April report from the International Monetary Fund promoting a world central bank and a global fiat currency went totally undetected by the global press for months, but after a blog post earlier this month, it is now in the media spotlight. By Alex Newman

IMF as the Global Federal Reserve: G20's Agenda Behind the Agenda (http://www.thenewamerican.com/index.php/world-mainmenu-26/north-america-mainmenu-36/3901-imf-as-global-fed-g20s-agenda-behind-the-agenda)


A main component of the G20 Summit in Toronto was the continuing push to promote the International Monetary Fund (IMF) and the new Financial Stability Board (FSB)as the global regulators and the global Federal Reserve in the new economic order. by William F. Jasper


Interesting:

Leader of the International Monetary Fund (IMF) is a Socialist
http://www.ronpaulforums.com/showthread.php?t=253012

[Dr.3D]

Seems the banks have always wanted to control the world.

[HOLLYWOOD]

Seems the banks have always wanted to control the world.


They Do... It's only when their puppet politicians go rouge, then there's non compliance. The banks eventually win.

[Dr.3D]

They Do... It's only when their puppet politicians go rouge, then there's non compliance. The banks eventually win.

Of course they win, they never go up for election, so they can't be voted out.

[Stary Hickory]

Same story over and over, when they caught defrauding the people they want a bigger and more elaborate way to commit fraud. This is a repeat of 1913.

[awake]

The people are automatically choosing a one world currency, it's called gold. The Governments of the world know this, so they need a new fiat currency to stop the move in to gold.

It's a confidence game, fiat money is eventually found out to be the device for which it was designed - theft. Once the exodus to sound money (in the form of gold) begins, the market choices of these people will be directly attacked by the controllers, be it by outright law or regulation, in their minds it must be stopped.

The controllers derive all their power from public opinion; every form of illusion is employed to mask every theft imaginable.

But, the public opinion is changing against all current fiat moneys of the world, this is why there is such a desperate rush to form a new 'one fiat currency', and a world government along with it. When the appearance and justification for arbitrary authority runs out the current authoritarians must make a home higher than before, under great and grand pretexts.

Speaking of pretexts, the UN is on the verge of outright irrelevance at the moment, especially due to the climate fraud debacle and its inability to make a "world climate regime" a reality. Clearly the efforts have failed to bring the desired goal. But, the authoritarians in that body will not simply submit and dissolve, never; So that leaves one avenue; there must be a greater deception, a bigger pretext to justify its existence.

If they can force a world currency, it will be the mother of all bailouts, paid for by the worlds productive to keep the parasite class with us and growing.

[DamianTV]

The dollar already crashed completely. The economy just hasnt caught up with that fact yet. Like you said, confidence.

[Bruno]

Hmmm. 420. :)