In addition to the use of armaments and propaganda, those who control money creation employ various forms of currency and value to destroy their enemies.
The Script of the Continental Congress
These are tried and true tactics; for example, take the actions of the British bankers when the American colonists, via the Continental Congress, issued their own script, the Continental, to pay for General George Washington's troops and supplies. The British bankers counterfeited the Continental and flooded the American money supply with their faux currency, drastically devaluing the Continental.
The First Bank of the United States
Many of the founders and early executives of what was then, still, "these United States of America," a sovereign nation, did not understand the power of private control over money creation; nor, did they understand how their potentially powerful sovereign script had been undermined. So, when Alexander Hamilton, the first Secretary of the Treasury, proposed to create a national central bank—the First Bank of the United States—President Washington, went with the plan, to save face from the Continental fiasco, which was also a perceived affront to his integrity—despite Secretary of State Thomas Jefferson's objections.
Alexander Hamilton
Essentially, Hamilton's plan was treason; that is, he sold the fledgling nation back to the British bankers (the majority stockholders of the First Bank of the United States) whose Hessian mercenaries the colonists has just defeated on the battlefields. Meanwhile, Jefferson remained vehement in his objections. In a letter to John Wayles Eppes dated September 11, 1813, Jefferson wrote: "Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."
Thomas Jefferson
Two and half years later, in a letter to John Taylor, Jefferson reiterated "that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
Nevertheless, Hamilton's traitorous plan was effective in maintaining the private central bankers' ongoing illusion and ruse of "sound money"—that is, supposedly backed by gold—which influenced the U.S. money system in a significant manner that still reverberates strongly today.
Federal Reserve System headquarters
After the Anglo-Euro-American banking cartel finally succeeded in establishing what they hoped, in 1913, to be a permanent private central bank of the United States—the so-called "Federal" Reserve System—the use of counterfeiting, and its twin bludgeon, speculation, became constant strategies for the U.S. government, as the leading proxy for this criminal crime syndicate. These levers are often coordinated along with other cartel financial weapons, such as the World Bank and the International Monetary Fund (IMF), to destroy currencies and steal vital natural resources and capital assets, as well as to gain power over target governments. Some of these techniques are detailed in the powerful tell-all, Confessions of an Economic Hit Man, by John Perkins.
The untethering of Federal Reserve Notes (FRNs) from gold in 1971 produced some instability in the Anglo-Euro-American banking cartel's ruse of "sound money"; but, the orchestration of the 1973 Mideast war, and the embargo that followed, provided an opportunity to re-solidify the FRNs position as the world reserve currency by pegging it to oil. This began with Nixon's Secretary of State, Henry Kissinger, "convincing" King Faisal of Saudi Arabia, the world's largest oil producer, to accept only FRNs in exchange for oil, and to convince other members of the oil producing cartel (OPEC) to do the same. One of the lures was that the price of oil would need to dramatically increase to support the value of FRNs. This was followed by large construction projects to put various oil kingdoms into debt--the same usury scam that followed the Erie Canal in the U.S., in the mid- to late-1830's. The cartel's U.S. proxy also guaranteed Saudi security, leading to various arms deals that continue today.
In addition to counterfeiting and speculating in national currencies as a form of warfare, the cartel uses other forms of value, such as oil and gold, to accomplish the same ends. While the cartel's U.S. proxy holds the levers of the Fed, which issues the currency for the world's largest economy that also serves as the world reserve currency (still the medium of exchange for 80% of global transactions), and the Pentagon, which oversees the cartel's military matériel production, the cartel's Saudi Arabian proxy is the world's largest oil producer.
For example, when the cartel decided that the Saudis would flood the oil market by over-producing and distributing oil at low prices, the strategy was actually an attack on Russia, Venezuela, and Iran, which resulted in a devaluation of their currencies and a precipitous drop in their national incomes from oil, disturbing their balance of payments as well. Thus, we would encourage anyone who thinks that the petro-yuan is independent of manipulation by currency value and oil prices to consider our posted analysis, at coloradopublicbanking.blogspot.com, of the relationship between the cartel's Fed and Chinese currency (here and here).
Of course, the cartel's destabilization of these countries does not stop with artificially disrupting currency and oil markets, with its intelligence services using every means necessary to foment uprisings, including the disruption of food production and distribution, as we have seen in Venezuela. Election-rigging and assassinations are also key weapons in the cartel's arsenal, as any student of realpolitik can readily see from the available data, with only a modicum of research. But the bottom line is that debasing the currency sets the stage for the unstable conditions that make externally directed regime change feasible.
The ruse of "sound money"
In addition to private fiat currency and oil, gold is the other major role player in currency wars. Like oil, the theft of gold from target nations is standard operating procedure. Over the centuries, the cartel's vast accumulation of this precious metal has made it an effective and convenient "store of value." This means—as the cartel steals value from nations, businesses, and individuals—that it has a third commodity to manipulate and leverage, along with its rigging of capital and oil markets, in order to achieve its iniquitous and ignominious plans.
Basically, as long as the notion holds sway—that gold has an intrinsic value other than what we choose to place upon it—then having a vast collection of gold-filled vaults allows the cartel's black ops to attack a target currency by exchanging their holdings of that script for gold; then, attacking that currency via speculating (manipulating capital and foreign exchange markets) and counterfeiting that currency until it is near worthless; then, exchanging their temporary position in gold for that currency; which now allows them to control a much larger position in the national script; which is then leveraged to buy up natural resources and assets at fire-sale prices, as well as to buy up politicians eager serve as prostitutes, in order to eat.
International Monetary Fund statistics
But in recent years, the cartel's gold reserves, and the reserves that it has held for other nations, based on their pledges as a party to the Bretton Woods Agreement, has been dwindling.
"After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning (4/20/18) Turkey also announced that it has decided to repatriate all its gold stored in the US Federal Reserve and deliver it to the Istanbul Stock Exchange, according to reports in Turkey’s Yeni Safak." Tyler Durden, ZeroHedge, 4/21/18
Of course, withdrawing gold from the vaults of the New York Fed does not necessarily mean that all of these nations are going independent. Venezuela, whose currency and government is currently under heavy attack by the cartel, is, like most governments, caught in the cartel's debt-slavery trap of bond payments.
"In September 2011, Venezuela had $21.269 billion in gold reserves. After a rash of selling gold in Switzerland to pay bond maturities and coupons in early 2016, Venezuela's gold reserves had fallen to $7.7 billion where they held steady until November 2017. But as we reported in October of 2017, there were loans backed by gold that Venezuela had taken out that were coming due. As we reported last month (3/18), in the last two months of 2017, Venezuela had lost $1.1 billion in gold and reported that they held $6.6 billion in gold on December 31."As of January 31, Venezuela had just $6.1 billion in gold reserves, down another half billion from the $6.6 billion Venezuela reported a month earlier on December 31. In short, Venezuela burned through $1.6 billion of its gold reserves in 3 months, and it is important to note that this fall in gold reserves is without Venezuela paying its bond debts." Tyler Durden, ZeroHedge, 4/22/18
In a world where the cartel brings down currencies at will, gold serves them as a viable hedge, despite the illusion of its intrinsic value and its misguided use as a commodity valued above people and all living things. Draining the gold reserves of any nation that fails to kowtow to the lords of usury and profiteering on war, energy, healthcare, and education is as common as using drones to murder children.
Central Bank of the Islamic State of Iran
This brings us to the cartel's current use of all these techniques against Iran, which is one of only five countries that controls their own central bank and currency. It also exports a considerable amount of oil, and presumably has a healthy amount of gold in its coffers.
On April 22nd, 2018, Global Research published an article entitled "Washington Using Currency War to Destabilize Iran," by one of the best progressive researchers and writers still alive, F. William Engdahl.
Engdahl details the cartel's multi-pronged attack on Iran, using currency, foreign exchange markets, and economic sanctions to destroy Iran's economy and attempt another "color revolution" (i.e., a coup d'état)—much as they did in Yugoslavia in 1989 with an induced economic crisis followed by Washington's launch of its fake democracy NGOs under National Endowment for Democracy and the Soros Foundations—to try to divide Iranians and spread chaos. In fact, both U.S. National Security head John Bolton and former CIA director, now Secretary of State, Mike Pompeo have declared that regime change is the objective of the cartel's U.S. proxy.
Everything that the cartel is currently throwing at Iran, via its proxy governments—the U.S., U.K., France, Saudi Arabia, and Israel—qualifies as grounds for war. As noted in our recent post, there is no longer much of an effort to hide the lawlessness of the cartel's actions. The most recent round of attacks began with the executive puppet (POTUS) off-handedly saying that he was not inclined to renew the agreement in place that was brokered to prohibit any Iranian nuclear enrichment program. At the same time, banks in the UAE (another cartel proxy state) and Saudi Arabia are deliberately delaying the processing of Iran oil payments, which have risen significantly since partial lifting of sanctions that followed the agreement. As a result, the value of Iran's currency has fallen to its lowest since the 1979 Khomeini Revolution, inducing panic, as Iranians dump Rials in a desperate bid to get dollars.
Iran's response to this initial volley, dropping the dollar and exchanging Euros for the Rial, is a curious one, since the European Central Bank is backed by the Fed, as evidenced during the engineered 2008 collapse. But Europe needs oil, and after the nuclear sanctions were lifted, a growing share of Iran's increased oil production began to flow to Europe. Perhaps this FOREX tactic will slow the bleeding of the Rial.
Before these recent attacks on its currency, Iran’s trade balance was positive. In 2017, the country exported $50 billion of oil and $40 billion of non-oil exports while it imported $50 billion worth of goods and services. Oil production has risen significantly to 3.8 million barrels/day from 2.6 million barrels/day in 2012 at the peak of sanctions. But that situation is quickly slipping. On April 11, the currency was worth 60,000 Rials to the dollar. Last September it was one to 36,000.
It appears that there is no end in sight to the cartel's aggression. Recently, Nikki Haley, the US Ambassador to the UN, told Fox News that the US will pull out of Syria when three conditions are met:
“To stop the use of chemical weapons,
to totally defeat ISIS and
to monitor the Iranians.”
The partitioning of Syria
In other words—given that it is the cartel using chemical weapons as false-flag events (here and here, etc.) as well as controlling and arming ISIS—the cartel is carving out what it hopes is a semi-permanent military state from which it can attack Syria and Iran with various weapons, both military and economic in nature. Iranian central bank governor Valiollah Seif noted, “Enemies outside of our borders, in various different guises, are fueling this issue and are going to some effort to make conditions tougher for the people.”
In fact, the cartel, via its puppet think tank, the Brookings Institute, has admitted that the deal regarding Iran's use of fissionable materials, was, from the very beginning, a set up to justify an invasion:
"... any military operation against Iran will likely be very unpopular around the world and require the proper international context— both to ensure the logistical support the operation would require and to minimize the blowback from it. The best way to minimize international opprobrium and maximize support (however, grudging or covert) is to strike only when there is a widespread conviction that the Iranians were given but then rejected a superb offer—one so good that only a regime determined to acquire nuclear weapons and acquire them for the wrong reasons would turn it down. Under those circumstances, the United States (or Israel) could portray its operations as taken in sorrow, not anger, and at least some in the international community would conclude that the Iranians “brought it on themselves” by refusing a very good deal."
Any potential obstacles to this false-flag operation, such as the U.N. nuclear watchdog's inspections chief, are being quickly eliminated.
Clearly, the cartel and its proxy states are ignoring the boundaries projected by George Orwell in 1984, where Oceania, Eurasia, and East Asia took turns fighting and siding with one another, with Oceania (the cartel) now plopping itself down and planting its flag in Eurasia. Even the Europeans are alarmed by this, as Engdahl's article recounts:
"European diplomats have told Reuters off the record that even if Germany, France and UK decide to remain in the agreement, Western companies would withdraw from Iran because of the threat of US sanctions.” That would mean a devastating economic cordon sanitaire around the country."
National security adviser John Bolton recently reiterated the threat of U.S. sanctions toward European countries that do not go along with this act of war, and U.S. Secretary of the Treasury, Steven Mnuchin is quite candid on the subject of economic sanctions against Iran—completely independent of the red herring of nuclear issues—aimed at destroying Iran's currency, trade, and economy, to destabilize the nation, softening it up for a staged coup d'état masquerading as another "color revolution." In another turn of the screw, Mnuchin has now branded the head of Iran's central bank a terrorist, and threatened sanctions against any nation, including the cartel's European proxies, who do business with the bank's key executives.
Yet, despite the saber-rattling by the cartel's U.S. proxy, the European council moved to ban its members from honoring any U.S. sanctions.
While the public is sold this Trump-as-a-tough-guy ruthlessness under the red party marketing brand, it is a continuation of the same strategy that the cartel has implemented under the Obama administration and its many predecessors going back at least 70 years.
"In 2012 the Obama Administration Treasury Department pressured the European Union countries which then ordered Belgium-based SWIFT, the Society for Worldwide Interbank Financial Telecommunication, to cut all interbank credit lines for Iranian banks including the central bank, dealing a crippling blow to her ability to earn dollars for Iranian oil and other exports. It was unprecedented, and lasted four years until SWIFT links were reestablished following the 2016 Nuclear Agreement."
What better example of how the cartel uses PSYOPS to create fictional issues to destroy currencies?
If this drift continues, we should expect that on May 12 the cartel's U.S. proxy will use its "unstable" actor-puppet POTUS to withdraw from the nuclear agreement under some false premise (while French President Macron "protesteth too much" [and here]), to further turn the screws.
# # #
No comments:
Post a Comment