This video is part 1 of 2 which will explain the current fraudulent banking system in use around most of the world. In the United States the central bank is called the Federal Reserve, and it’s owners also have controlling interest in most other countries central banks. For my fellow Christians, this will begin to unravel the mystery of satan offering Jesus all the kingdoms of the world if he would just bow a knee to him. This scheme of collectivization and concentration of power is simply done by monetary control.

“So, now that we understand how money is created by this Fractional Reserve Banking system, a logical, yet elusive question might come to mind. What is actually giving this newly created money value?” … “The new money essentially steals value from the existing money supply. For the total pool of money is being increased irrespective to demand for goods and services. And as supply and demand finds equilibrium, prices rise diminishing the purchasing power of each individual dollar.”

Supervising and regulating banks

The central bank sets standards and enforces reserve requirements which all banks must obey. The central bank also set standards for establishing new banks, determine what sorts of loans and investments banks are allowed to make and closely monitors bank financial activities.

Acting as a bank for all banks

Commercial banks use the central bank in much the same way that ordinary citizens use commercial banks. The central bank charge a special interest rate called the Discount rate on loans that it makes to member banks. In times of financial crisis the central bank is prepared to act as a lender of last resort to make sure that banks have enough reserves to meet their obligations to depositors.

Issuing paper currency

The central bank does not actually print currency. This is done by a government printing agency. Once printed it is shipped to the central bank. The central bank in turn puts this currency information circulation. This is why every US note or bill carries the label of Bank of America.

Cheque clearing

Suppose you write a cheque for $20,000 to pay pay your rent your building owner or landlord will deposit the cheque into his/her checking account which is probably at a different bank from yours. Somehow your rent payment must be transferred from your bank account to your landlord’s bank account by a process called cheque clearing. In some cases the services are provided by private clearing houses, but in many other cases especially for clearing “out of town” cheques. The central bank performs the services by transferring funds from one banks reserve account to another. 

Controlling the money supply

The central bank has the nations monetary authority is responsible for controlling the money supply. They do so by means of open market operations.

FISCAL POLICY

The government fiscal policy is its plan for spending and taxation. It is designed to stare aggregate demand in some desired direction.

MONETARY POLICY

The nations Monetary policy is its plan to control the money supply through coloboration with the government and the Central Bank.

Income Taxes and the Consumption Schedule

There are 2 types of taxes which affect equilibrium Gross Domestic Product (GDP).

1. Fixed taxes – these are taxes which do not varies with the level of GDP, example: property taxes.
2. Variable taxes – these are taxes which vary with the level of GDP.

Bank Indonesia confirmed a meeting of bankers with the authority of the central bank will be different this year than in previous years. BI ensures that the meeting will be held this evening will be more philosophical. ”Banker’s dinner this year different from last year.If yesterday there packages. Now not. More on the policy assertion.

 This year might be more philosophical, “said Head of Public Relations Bureau Difi A Johansyah BI in BI office, Jalan MH Thamrin, Jakarta, Friday, December 9, 2011. Difi said the central bank’s meeting with the chief executive officer in the country’s banking industry will more directed to the explanation of the momentum associated decline in interest rates in the real sector. ” Banker’s dinner tonight over the assertion, what will be done next BI. 

More .. why why .. why … This is not the direction of the deepening of the discussion but, “he said. BI estimates, at a meeting tonight, the central bank is unlikely to issue a new policy. The central bank will further clarify the benefits of the momentum of lower interest rates in real and fiscal sectors.”Now how the financial system together with it,” he said. Banker’s dinner is an annual tradition as a moment of reflection and a vehicle of communication between banks. Banker’s dinner was attended by all officials in the banking sector topnotch country. The bankers came from the banking board a red plate, private and foreign banks.

Production in factories and mines is reduced by more than 5% over the same period last year. The average estimate exceeds depreciation specialists, informs Bloomberg.

Declines in economic influences of European crisis on Asian economies. To avoid liquidity crisis which is announced from Western consumers, Asian central banks have reduced the interest rates, making cheap capital available in the market.

The situation is generalized, as Chinese exports to the minimum from 2009 to present.

Central banks in the region must choose between actions and measures to combat inflation, the opposite of economic incentive.

European crisis European companies gave access to very cheap money provided by the ECB, the central bank of England and the Fed. Much of this money was invested in Asian economies, leading to an export of inflation from the West to countries with strong growth such as India or China.

Also, local authorities have depreciated its currency intentionally to make competitive products for export. Reverse these steps is felt in very high inflation and the need for measures to combat it. But the credit restriction measures contrary pressure for growth, just at a time when Western consumers limit their spending.

Inflation in India has exceeded 9 percent and the rupee fell 15% against the dollar. Consumer prices rose 6.6 percent in Brazil, 6.8 percent in Russia and 4.2% in China – all BRIC countries, Western capital preferred targets.

According to news agency Reuters, the decisions of foreign central banks agreed on Wednesday that Washington time. Their central banks from the U.S., Europe, Japan, Britain, Canada, and Switzerland.

Agreement of the officials of central banks that they never repeat the steps that apply to stabilize global markets back from the financial crisis in 2008 after the collapse of investment bank Lehman Brothers in the U.S..

The focus of attention is now directed to Italy, one of the main countries in the eurozone. The problem is, the loan interest rate (yield) of Italian bonds soared to 8 percent now. For the market, that figure is considered unrealistic and economy of the country indicate that the bond issuer is considered critical.

On the other hand, seventeen members of the euro currency users agree on the guarantee for 20-30 percent of new bond issuance for countries experiencing financial difficulties. They also agreed to establish a joint investment fund in attracting foreign investors to buy euro zone government bonds.

European Central Bank uses the public in solving the economic crisis (European)

European Central Bank launched in October /November for the first computer game workingon my iPad iPhone and any permit for the public control of the consortium and see howpeople will see when they face an economic crisis.

And it seems that the bank needs all the helphe can get it in time to save the strugglingeuro, and therefore calls for the public to take a critical economic decisions on their own.

The main game is called “Aaconomia” to make the players determine the interest rates to maintain low inflation and stable growth.

The game will begin with a short letter of two questions: ”Will you be a hawk or a dove? Do you have the ingredients of what makes youone of the best central banks?”.

But it is not known how much will cost to develop the game and, unfortunately, will not provide sales of that game billions of dollars needed to save the bankrupt states because it is distributed free of charge.

Source: The Daily Telegraph

I’ve been trying to explain what’s about to happen for a very long time. Any person who’s read my articles up to date knows that the US Dollar is about to be collapsed. Well, it’s almost here. It should be well after March I’m guessing, but probably prior to September of 2012.

Many are now asking me what to expect next.
Well, allow me to bring any newcomers up to speed.

The current world monetary system is based on nothing basically. There is nothing backing up any of the currency we print. In other words, essentially, we’re already broke. However, only certain currencies are ones we should be concerned about. They are currencies from commodity rich nations. Special Drawing Rights are what the IMF uses to predict the exchange rating of our commodity value.

This is typically a complicated thing to explain, so let me simply say a Special Drawing Right (SDR) is a line of credit with which a certain state or nation can print their own currency. Currently, these currencies are:  the Euro, the US dollar, the British pound, and the Japanese yen.

Naturally times have changed, The Yen is down and as we well know today, the Euro is suffering tremendously.  There really is no superb bail out we can come up with. The European Union has become stale and slothful. The European Union has turned to socialism in fact. This is also the path America is currently on. As we can well see into our own future, it doesn’t work.

I’m not writing today to put distance between Conservative and Liberal. Today’s piece is designed to educate everyone on what is happening and what we can expect from it.

First let’s examine the Euro. This used to be a currency of Francs, Pounds, Lira etc. Until the European Central Bank (ECB) decided to wrap all of this currency into one to extend its value.  So, who is the European Central Bank? OH! These guys go all the way back to the days of the 5 Rothschild Brothers. I know that when one reads or hears Rothschild, they tend to think the teller of the tale is a conspiracy theorist. However, oddly enough, this conspiracy by all accounts and proof now in evidence is correct.

The design of the Euro to cover the entire continent now that we see its fall-out doesn’t work, does it?
In fact, it makes all inclusive other nations to one that doesn’t pull its weight. Greece with their socialist policies of free Health Care and benefits upon benefits to retiree’s in their 40’s and their medicine helping the lazy live to 105 is detrimental as well as their state paid college tuitions.

These policies have been spreading throughout Europe and not only are they rioting in the streets of Athens, they are also rioting in the streets of London. There comes a tipping point when we simply overspend and there is no point of return. This collapses the economic monetary system.

So, what next?

Well, the US bails out the ECB. Of course, they have been doing this for 20 years but it’s been done secretly. In fact, our Federal Reserve has spent 16 trillion dollars in the past 15 years bailing out central banks worldwide. However, don’t get away from the fact that they needed billions to install new central banks where they’ve taken over Sovereign Islamic States. States like Afghanistan, Iraq, Libya and Cuba.

To think they still need to overcome Syria, Iran and North Korea. The expense is devastating… to us.
But, the Central Banking Cartel will have the last laugh. Cumulatively they are worth well over 400 trillion dollars.

So, I could bring you back through the history and you’d have a bird’s eye view of the Central Bankers and their greater plans. But, that would take the composition of a 400 page novel. So, rather than that, allow me to give you the short details.

Over the 100 years that the Federal Reserve has been the private banker of the United States, they have loaned out far more than they can ever retrieve.  They know this. In fact, since they are the same Central Bank Cartel that runs the global currencies, they have loaned out far more than they will ever collect and they are too far beyond expenditures for the countries they finance to ever recoup their assets.
Fact is: It’s not just the United States that’s financially plagued with unsustainable debt, it’s the entire world.

All of this was done by design. This is all in the bigger plan; World Domination.
Greece is gone. It will never come back.  The people are all broke, their economy is finished and the socialist policies they instituted have brought anyone collecting government funds to a complete halt.
The same thing is happening in Italy. Next Britain will go and then France. Germany will most likely be the last to go, but though they learned a lesson from the great devaluation of the Marc, they are no longer on their own, they are now tied to a Euro and they will be taken down with the rest of Europe.

So, Obama says we must save Europe as it will take us down as well if we don’t. But here’s what the Federal Reserve is prepared to do. They will give a few trillion US Dollars to ECB while ECB gives the Fed the same amount in Euros. This is to be a hold until their continent recovers, but they will never recover. This in turn will destroy the US Dollar.

All the while, The International Monetary Foundation (IMF) will release a world currency of it’s own based on the same SDR’s but the new SDR’s will be credited on IMF currency only. No more Nation Banks printing currency. Immediately, the US Dollar will be worthless. It won’t matter how much you have, you will have to earn it all back.

Naturally, the Government will completely collapse. Those living in poorer neighborhoods will be running wild in the streets looting and robbing and killing for things like Toilet paper, water, gas, food.
Anyone collecting Medicare/Medicaid, Disability, Social Security will be screwed. But all of this is going to be OK because the Central Bank owners want to trim down the current 7 billion person population worldwide to 1 billion. This amount they can easily control. Why kill us all when they can get us to kill ourselves?

This is all happening right now. So, what shall we do? How can we fix this?

I’m not sure we can fix it. I think it’s checkmate. But I would highly suggest that people get out of inner cities and highly populated areas.

What next? The New World Government. I would assume it will be the UN. But, let’s get through plan A before we tackle plan B.

Please feel free to comment or ask questions if you feel you must.
God Bless.

Good Luck

“If we think for a moment, we should realize what the danger is happening now see all the central banks together to help Europe,” said Alan Valdes, director of floor operations and vice president of trading at DME Securities. Meanwhile, Valdes added that another factor that limits the data that is too negative from Europe is “Santa rally.” “S & P will rise by 7-8% more in December, there are many fund managers and traders who will each followed one after another.”

Do we do that in our homes? Of course, we dont. At least, most of us dont. Periodically, when there are unrests, politicians come up with schemes for the poor. It is a recycling of middleclass becoming poor, and poor becoming middle class. The rich remain on sidelines watching the show.

We’ve had schemes in which poor have been given free homes. I know poor sell those homes and again file for new homes. There are a few genuinely poor people who need help. But they’ve to bribe their way, or seek the help of influential person to get a house. Most of the houses are cornered by rich politicians in the names of their employees, who are not aware of the scheme or who cannot afford to pay even the meagre amounts that government asks of them. This is what is locally known as “benami” transaction.

So today I was watching that television program which my father religiously tunes every morning. I hate politics, I hate religious discussions, and I hate money related discussion. But my environment is such that I cant really escape this. Coming to the point, our chief minister offered 1 rupee rice to the poor. Each family will be given 20 kgs of that rice. It would cost the state government quite a bit. To collect that money, local taxes will be increased. So that poor man will no longer be able to buy footwear, and clothing, and toothpaste, and soaps, and hair oil because the prices of all these will shoot up either directly by levying local taxes, or by increasing electricity charges and property taxes. 20 kgs of rice at less than half a dollar – of course it is not edible. What do you think is being supplied there? The government fixes a minimum support price because we are an agricultural economy – still. So that price is paid irrespective of the rice quality. The rich dont want it. The middle class too doesnt want it, but would compromise to an extent by using it in some of the savories, and other dishes. The poor too dont want it! So they take the subsidized rice and sell it to the trader at a mark up, 1 rupee rice is bought by the trader at 6.25 and sold to middle class people at 12.5 rupees. One kg of rice as of date costs half a dollar so it can give people an idea as to what is happening out here. The poor man makes a cool profit of 5.25 per kg. You would think that 100 (2 dollars) would improve his standard of living. You would be so wrong. We need a minimum of 10000 rupees plus rent for a family of four as of date. So the politician makes a lot of noise about that dole of 2 US dollars, which indirectly increases 10000 to 11000. Lots of money is spent on advertising this and even meetings are held. It costs the common man a lot towards the security of those politicians, towards housing of those politicians, towards telecasting those arguments, towards petrol charges of those politicians, towards salaries of politicians and their staff, towards subsidized food of those politicians and their families. I could go on but then there is no way we the common man are in position to control this in democracy. Recently salaries of ministers have been increased while the common man has been laboring under the same salary for the last four years with inflation being as high as it is.

Considering the situation, I do think Reserve Bank of India, which is our Central Bank, should have a say in these sops, at least when inflation is at uncomfortable levels.