The Big Reset: War on Gold and the Financial Endgame
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There are only two options: a financial reset planned well in advance, or a hastily implemented one on the back of a dollar crisis. The United States, realizing the dollar will lose its prominent role, seems to be planning a monetary reset that will surprise many. It will be designed to keep the United States in the driving seat, but will include strong roles for the Euro and China’s Renminbi. And it is likely gold will be reintroduced as one of the pillars of this next phase of the global financial system. Insiders claim gold could be revalued up to $7,000 per troy ounce during this process.
the Royal Navy by issuing Navy Bills. British debt rose from one million pounds in 1688 to 48 million pounds in 1714. Over a quarter of taxes were used to fund the creation of the British Navy. The start of the Bank of England is often seen as the start of a new era. Fiscal deficits by governments could be financed by means of selling (perpetual) bonds. We could in fact say that the 43 See the complete list of shareholders on: http://www.bankofengland.co.uk/
Jefferson saw it as a venture for speculation, manipulation and corruption.54 In 1811, its charter expired and was not renewed by Congress. In 1816, the government authorized the establishment of the Second Bank of the United States. The charter was not renewed in 1836 after a period of runaway inflation which led to a four-year-long depression in 1837. Between 1837 and 1862, only state-chartered banks existed. During this free banking era, many banks were short-lived with an average lifespan of
IMF and World Bank collaborated in the process of economic colonization of Third World countries on behalf of what he portrays as a ‘cabal of corporations, banks, and the United States government‘.97 According to him, ‘Third World countries were trapped into international debts they could not repay in order to get their resources handed over to US corporations, during an international financial IMF-led rescue operation.’ The company Perkins worked for was a worldwide player in the utility
financial system will be nationalized, as we have seen happening with banks and other financial institutions since 2008. A new reset will simply bring our monetary system to the next phase. All parties involved (the US, the EU, the BRICS countries, Japan, the Middle East) have so much to lose if they wait too long implementing the necessary changes. And the US knows they have the most to lose. They understand they will need to take the initiative again, just as they did in 1944 (Bretton Woods
countries to participate in foreign trade without affecting their exchange rates. The IMF can allocate SDRs to all its members in proportion to certain quotas. In 2009, the IMF increased general SDR allocation to US$250 billion, with low-income countries only ‘receiving’ over $18 billion. The total amount of outstanding SDRs was just over 400 billion in the summer of 2015. 192 international responses may motivate even further accumulations. Inappropriate responses by some international