PDA

View Full Version : Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency




sailingaway
02-22-2013, 06:39 PM
While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global gathering of central bankers and finance ministers is pushing forward with their plan for “supersizing” the International Monetary Fund. The end goal is to transform the IMF into a global Federal Reserve, with the ability to flood the world with huge new volumes of loans and currency. It would also wield vast financial regulatory powers.

The IMF’s unit of account, or “currency,” known as a Special Drawing Right (SDR), is being readied for eventual adoption as the replacement for the U.S. dollar in international transactions, to lead the way toward eventual adoption of the SDR or some other designated unit as the global currency, much in the same way that the euro was foisted upon the people of Europe as a replacement of their national currencies.

The mainstream media seem intent on keeping the public fixated on the latest Kardashian frolics, sportsmania, and Democrat-Republican political mudwrestling, while coverage of the G7, G20, and IMF confabs that are determining the economic fate of the world receive short shrift. And the little reporting of these events that does leak out usually amounts to little more than regurgitation of the pre-scripted talking points of the conference principals. Over the past four years, The New American has published numerous articles detailing the radical plans currently underway for the total destruction of the dollar and the plans for supersizing the IMF into a global Fed. (See the linked stories at the bottom of this article).

Virtually unreported was IMF Managing Director Christine Lagarde’s comments at the close of the G20 Moscow summit on February 16 that she expected the IMF members to come through soon with the remaining funds necessary to double the IMF’s funds. Unknown to most voters and taxpayers the world over is the fact that their governments’ finance ministers agreed at the G20’s Korea meeting in 2010 to increase the “quotas” (contributions) of each member to the IMF, effectively doubling the IMF’s SDR assets to about $US 750 billion.

more: http://www.thelibertybeacon.com/2013/02/21/killing-the-dollar-g20-imf-push-for-global-fed-global-currency/

FrankRep
02-22-2013, 06:42 PM
The original source:


http://www.thenewamerican.com/media/k2/items/cache/edca3f7f7947b0b49b00c47da4d912f0_XL.jpg (http://www.thenewamerican.com/economy/economics/item/14579-killing-the-dollar-g20-imf-push-for-global-fed-global-currency)



The G20 Moscow meeting of finance ministers was another step on the road to destroying the dollar and transforming the International Monetary Fund (IMF) into the Federal Reserve for the world.


Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency (http://www.thenewamerican.com/economy/economics/item/14579-killing-the-dollar-g20-imf-push-for-global-fed-global-currency)


The New American (http://www.thenewamerican.com/)
20 February 2013


Related Articles:

2010 - IMF as Global Fed: G20's Agenda Behind the Agenda (http://www.thenewamerican.com/world-news/north-america/item/10587-imf-as-global-fed-g20s-agenda-behind-the-agenda)

2009 - "Supersizing" the IMF (http://www.thenewamerican.com/economy/commentary/item/3751-supersizing-the-imf)

2012 - International Monetary Fund (IMF) Leader Calls for Trillion-dollar "Firewall" (http://www.thenewamerican.com/world-news/europe/item/8942-international-monetary-fund-imf-leader-calls-for-trillion-dollar-firewall)

2010 - IMF as Global Fed: G20's Agenda Behind the Agenda (http://www.thenewamerican.com/world-news/north-america/item/10587-imf-as-global-fed-g20s-agenda-behind-the-agenda)

2009 - The G20 Push to "Supersize" the IMF (http://www.thenewamerican.com/usnews/foreign-policy/item/1181-the-g20-push-to-supersize-the-imf)

2008 - New International Financial System in the Offing? (http://www.thenewamerican.com/economy/commentary/item/3716-new-international-financial-system-in-the-offing)

2008 - Upcoming Financial Summit About Global Governance (http://www.thenewamerican.com/economy/commentary/item/3724-upcoming-financial-summit-about-global-governance)

2009 - Global Fusion: The G20, IMF, and World Government (http://www.thenewamerican.com/economy/commentary/item/3778-global-fusion-the-g20-imf-and-world-government)

2009 - Obama's IMF Sneak Attack (http://www.thenewamerican.com/economy/commentary/item/3793-obamas-imf-sneak-attack)

2010 - IMF Seeks New Mandate, Global Currency (http://www.thenewamerican.com/economy/economics/item/4465-imf-seeks-new-mandate-global-currency)

2010 - The Emerging Global Fed (http://www.thenewamerican.com/economy/economics/item/4499-the-emerging-global-fed)

Carson
02-22-2013, 06:45 PM
If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

sailingaway
02-22-2013, 07:00 PM
If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

If you think we have no Liberty and Freedom now, wait until they take any hope of regaining control of our currency out of reach and allow a global dictatorship to print up what ever it takes to get their way!

I agree.

TheTexan
02-22-2013, 07:00 PM
Converting to a global currency is actually one of the few possible ways "out" of the coming dollar collapse. It would delay the collapse anyway.. (and make it much more severe that it already will be..)

The threat of a global currency is also a possible way to trigger the coming dollar collapse. So there is that.

In any case, I don't believe a true global currency is likely to happen before the dollar collapses. And after it collapses it won't really matter what they do.

FrankRep
02-22-2013, 07:02 PM
Converting to a global currency is actually one of the few possible ways "out" of the coming dollar collapse.

What if the dollar collapse is the agenda of the Federal Reserve?

A global Federal Reserve is set to replace our current Fed.

TheTexan
02-22-2013, 07:08 PM
What if the dollar collapse is the agenda of the Federal Reserve?

A global Federal Reserve is set to replace our current Fed.

Could be. But I believe that the resulting WWIII would kind of get in the way of global cooperative currency efforts. Or WWIII may force global cooperative currency efforts. /shrug. You never know with those globalists.

FrankRep
02-22-2013, 07:10 PM
Could be. But I believe that the resulting WWIII would kind of get in the way of global cooperative currency efforts. Or WWIII may force global cooperative currency efforts. /shrug. You never know with those globalists.
Like WWII and the United Nations? :-)

Check this out:

G20-Russian "Convergence": Partnering With Putin's Mafia State - 22 February 2013 (http://www.thenewamerican.com/world-news/europe/item/14603-g20-russian-%E2%80%9Cconvergence%E2%80%9D-partnering-with-putin%E2%80%99s-mafia-state)


Russia has assumed the presidency of the G20 for 2013, pushing forward the convergence agenda for merging Russia and China with the West.

Uriel999
02-22-2013, 07:19 PM
Has rope, will donate for the bankers!

DamianTV
02-22-2013, 08:07 PM
What if the dollar collapse is the agenda of the Federal Reserve?

A global Federal Reserve is set to replace our current Fed.

It always has been. The nature of fiat currency is that it needs to be replaced with an even bigger fiat currency. So what happens when the IMF gets too big for its britches? World Wide Revolutionary War?

FrankRep
02-22-2013, 08:20 PM
It always has been. The nature of fiat currency is that it needs to be replaced with an even bigger fiat currency. So what happens when the IMF gets too big for its britches? World Wide Revolutionary War?

I'm sure the international bankers have a master plan worked out that spans 100s of years. A global fiat currency is just one of the next big steps they have in mind.


Something is up:

Amid Record Demand in 2012, Central Banks Scramble to Buy Gold (http://www.thenewamerican.com/economy/markets/item/14595-amid-record-demand-in-2012-central-banks-scramble-to-buy-gold)
22 February 2013

awake
02-22-2013, 08:40 PM
Ponzi would be amazed that his business model is going global. Sad little men who rule the world.

FrankRep
02-22-2013, 08:48 PM
Here's a continuation of the original article posted:


http://www.thenewamerican.com/media/k2/items/cache/f686d92c42758f09b4ff048d5e6789de_XL.jpg (http://www.thenewamerican.com/world-news/europe/item/14603-g20-russian-%E2%80%9Cconvergence%E2%80%9D-partnering-with-putin%E2%80%99s-mafia-state)


G20-Russian "Convergence": Partnering With Putin's Mafia State (http://www.thenewamerican.com/world-news/europe/item/14603-g20-russian-convergence-partnering-with-putins-mafia-state)



Russia has assumed the presidency of the G20 for 2013, pushing forward the convergence agenda for merging Russia and China with the West.


The New American (http://www.thenewamerican.com/)
22 February 2013

tod evans
02-22-2013, 08:53 PM
Has rope, will donate for the bankers!

http://www.twowheelforum.com/images/smilies/hang.gif Get a rope! :mad:

paulbot24
02-22-2013, 09:13 PM
Why would China, who recently backed the yuan by gold be excited about a global currency? I know the TPTB want this really bad. They REALLY want this. I just can't see the Chinese actually going along with this. We've screwed China so many times and already owe them tons of gold. The seven US warships that carried away gold away to "safety" in the USA during WWII was just a portion (of course they never got it back). China has been selling opium for gold for ages. They've also learned a few things and have shrewdly kept most of their gold in their own vaults, unlike us who have something like 75% of our alleged gold in reserve vaults worldwide. They're really going to trust the US, and the West who disgustingly look at them as practically sub-human to not do what the US and the West always does in the end? This seems pushed. Impatience from TPTB?

ClydeCoulter
02-22-2013, 10:28 PM
If I had all the money, I would want it backed by gold. Imagine there's no aligence, it's easy if you try.