Wednesday, Mar 25, 2009
One for the NWO-heads
FT Alphaville (again): Is a global super-currency on the cards?
It started out as a call from the likes of George Soros and Ted Truman.
But the IMF’s little known international accounting system of special drawing rights [SDRs] has now been propelled straight into the limelight thanks to both China and Russia. The Chinese and Russians are advocating the accounting system as a means towards a new global reserve currency. If inflation really is on its way on a large Volckerian scale, the dollar reserve system could be under serious pressure - from the point of view it would threaten China’s and other surplus countries’ reserves to such a degree they would be forced to do something about it. Preparing a new alternative system based on SDRs therefore seems a logical contingency for them.
Posted by little professor @ 12:54 PM (855 views) Add Comment
22 Comments
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1. crunchy said...
LP, show us conspiraloons something that most did not know about years ago.
Engineered boom and bust. Globalisation the OBSESSION! complete control. Where is confused76 when you need an
evil laugh................................................
2. 51ck-6-51x said...
This is so the wrong way to go, but this, as crunchy notes, has been on the conspiracy watch list for years... Euro... Amero... Asio... -> Globo -> Global Government -> NWO.
3. crunchy said...
What used to be hushed tones of NWO that everyone used to laugh about is now mainstream news. In your face buddy!
That's ok it's all just dandy, we have timid Obama to rescue us. The goverment care and we can trust them with our pensions,savings, jobs, homes and freedom.
Mayday, mayday wake up people! Obaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaama saaaaaave us!
Don't worry I am just a conspiraloon none of this is really happening. It's all in my imagination. Yep, just a bad dream, back to sheep!
4. crunchy said...
Sorry......back to sheep! should have been ..back to sleep. Freudian slip. lol.
If I could not joke I would have to cry!
5. matt_the_hat said...
You have to ask yourself a few questions:
1. Why do I work 9-5
2. Why do I work 5 days a week
3. Why do I work 48 weeks a year
4. Why do I work 45-50 years
For what a stack of baked clay (maybe one not connected to someone else's) and subsistence living (look at the percentage of income that goes on basic living essentials). Things really haven't changed since the feudal system in medieval times, other than income tax!
BTW I want to know if there is a country where one can buy some property without someone pestering for taxes, i.e. subsistence living, but don't want to pay for council/property taxes, any ideas.
6. contrails are not a conspiracy (formerly npnh) said...
Well done. The conspiraloons got one right.
Remember the boy who cried wolf? That's you that is.
7. crunchy said...
6. contrails are not a conspiracy (formerly npnh) said...Well done. The conspiraloons got one right.
crunch-Where have you been the last 15 years we have got it all right? You just don't know how it all pieces together. Slaves never do!
The elected few should work for us and never forget it. Period!
8. Contrails Are Not A Conspiracy (formerly Npnh) said...
.... dark energy, water powered cars, free energy available by end of last year, time travel, most of what s2r1 says about waves, gold prices, oil prices.... I could go on but recognise the futility of conversation.
Still, brightens up an otherwise normal day at work. Conspiraloon baiting.
9. contrails are not a conspiracy (formerly npnh) said...
.... dark energy, water powered cars, free energy available by end of last year, time travel, most of what s2r1 says about waves, gold prices, oil prices.... I could go on but recognise the futility of conversation.
Still, brightens up an otherwise normal day at the grind stone.
(sorry for the double post - forgot password)
10. icarus said...
NWO is too simplistic but there are several private, secretive old-boys networks pulling the strings behind governments, universities, the media and multinational corporations. The don't all sing from the same hymnsheet but their interests often are not too far apart and their ambitions are often collectivist and globalist, aimed at organising large chunks of the world to their benefit. Many of the usual suspects are there - Rockefeller, Rothschild, Morgan interests (mainly Anglo-American-Israeli interests - Kissinger is a central link-man in this world) - but there are also powerful groups of European Catholic/fascist fanatics with strong blue-blood ties that influence the EU, and most conspiracy theorists forget the independent power of intelligence networks, especially those of US/UK/Israel, and the ties of some of these networks to mafias and drug, diamond, gold, arms and people traffickers. People go on about Bilderberg but they should look also at equally if not more influential clubs like the 1001 Club, The Pilgrims and Le Cercle.
As for the USD reserve currency issue, that's a tough one. The US could debase the dollar to the point where it's dumped by everybody, but it's equally possible that stagnation in the US could lead to low interest rates and a new dollar carry trade. In this scenario currencies may be de-pegged from the dollar without necessarily making other states less willing to accept payment in dollars. China is concentrating on its own economic growth and isn't overly interested in forging new institutional arrangements for the world economy, Singapore, Hong Kong and Japan would like to build big commodity and oil markets to challenge the US/UK ones.but they don't seem to be pulling together in this.
11. mountain goat said...
Look sooner or later there needs to be a change back to a currency linked to gold, shells, diamonds, copper, salt, oil, food or whatever. I remember hearing how peasants in a South American country which had hyper-inflation who converted their salary immediately into building bricks as a store of value. Something real and valuable that hurts when you drop it on your foot. Not promises from money conmen. Trusting politicians to be fiscally prudent is never going to work. Give them a task of targeting inflation and they mess with the inflation stats. Offer the average man a big credit limit and he will max it out. Communism said don't work selfishly for money, work for the greater good. Fat-banker fiat-money capitalism said don't work before buying luxuries you don't need, buy them now on credit. Both have not lead us out of slavery, laziness and corruption.
Reminds me of this quote (can't vouch for it really being from George Bernard Shaw, substitute "gold" for whatever you think we should use)
“If you have to choose between trusting the natural stability of gold, and the honesty and intelligence of members of the government, with due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote for Gold,” - George Bernard Shaw, 1928.
12. unplugged said...
Just a thought: Could one effect of the global currency be to ensure that the liabilities/obligations due to the surplus countries is honoured through whatever form this new global system takes? Once its in place the debt would be secured with the option of individual countries to inflate the debt away removed. The people of the west and their childen and their childres children will become debt slaves (or at least more than we already are).
13. unplugged said...
IMO regardless of your position on the NWO type issues, the bottom line that we all need to appreciate is the fact that so far most of what I think is an important concern is beyond sensible discussion. The word conspiraloon tells me all I need to know. Though I agree with some objections I think to ridicule the shortcomings and concerns of others only really discredits the person doing the ridiculing and builds upon any damage done by those who cry wolf etc.
14. shipbuilder said...
Some on this site make a reasonable case for a globalist 'conspiracy' sometimes, but then there are always accompanying comments that let the personal agenda/bias/interest shine through. Usually it's the barely concealed glee at a mention of the words 'new' and 'order' in close proximity by anyone in the public eye, indicating no more than 'I know something you don't know' point scoring. Other signs are when a 'socialist' label is applied - somewhat bizarre when levelled at elitists - indicating the jealousy of a disgruntled right-winger who's missed out on a slice of the capitalist pie - usually the Alex Jones followers. Some more, I suspect, just want something to brighten up their uninspiring lives.
Show me anything now that's not a natural evolution of every power structure since we stopped being hunter-gatherers and started organising ourselves and i'll maybe believe it.
Things changed when we divided our labour - some produced food so others could freely create and yet others organised. On one side of the coin we got everything we have now that is indicative of a 'modern' society where we work together - tools, transport, technology, knowledge and on the other side we got those who lust for power, who see the chance to control and live off the work of others, the sociopaths. As it always has been. These type of people are not known for working together, although they may appear to have a common cause.
So the reality is that we have failed to control these people, we have failed to create a system that benefits us, the majority and not them, the minority. Instead we waste our lives trying to be like them and suffer all the mental illness, stress and shallowness that goes with it.
The idea that these people are organised and control everything is a simple abdication of responsibility for the world around us. The anxiety and helplessness furthers their ends, the individualism they promote divides and conquers us. Time to take that responsibility back?
15. shipbuilder said...
I've been making this point on here for years now - it feels longer. There are nasty people in the world and just because they do the same nasty things, that does not mean a big nasty conspiracy. When we point the finger at the cartoon baddy, or blame supercycles, or natural phenomenon, we are really pretending that we had no part in the matter, that we require no change within ourselves, that we can continue as normal and maybe someone else will deal with it. Hell, maybe we can even buy some gold, ride the next bubble and fill our bunkers and when it's over we'll be the rich ones - wouldn't that be great?
16. crunchy said...
14. shipbuilder
THAT'S BLOODY GOOD! I don't agree with "The idea that these people are organised and control everything is a simple abdication of responsibility for the world around us." If those people were organised and in control for the good then I would agree with you. We I feel have the opposite.
However it's still very good. Really.
17. icarus said...
shipbuilder, many people have died trying to "take responsibility back". Ther's also a massive problem of garnering the information required, given who owns the media, and the secrecy, influence-peddling, false flag operations, obfuscations and lies put out by those on the inside of powerful organisations.
18. inflation is eating my savings said...
well said shipbuilder. I'm not sure all sociopaths act independently. Although any shadowy groups would probably spread a bunch of rumours about shadowy groups to deflect, entertain, and generally give those who do not believe in god some kind of replacement.
There is a carrying capacity for sociopaths (or cheaters as they are known in sociobiology) at critical levels of them or their taking, the social order becomes unstable and readily superceded (taking has to be balanced by giving). Takes generations mind, and can result in extreme carnage (remember the Nazis were a particularly stupid over-adrenalinised bunch, so it collapsed sooner). There is an in built safety switch, if that is any comfort.
The sociopaths one meets are either best to stay well away from or, if you must engage them, laugh at them.
19. shipbuilder said...
Icarus - i'm not talking about revolution - the people on here are nothing special, yet we saw through the bullsh*t to an extent. You don't have to go looking for it to see injustice and corruption. Are we really that powerless? We have a vote, we have choice over our purchases, for example and how we live our lives, for a start. But if we blame someone else for all our problems, why do anything?
20. icarus said...
Not sure I follow the logic of that last sentence. You have to identify who's doing what before you can start doing something about it.
21. shipbuilder said...
We don't need to know who they are - my point was that it's the system that needs addressed. It only works with our support, so we work out how to stop supporting it, or find an alternative. That can and must happen at a personal level first. As soon as we stop supporting their system, they are powerless and it is irrelevant who they are - look at the consequences of the current withdrawl of purchasing power. If we go looking for individuals, there are plenty of others to replace them.
22. icarus said...
It's the groups and their MO that need to be identified more than the individuals, though it's worth a second look when the same individuals have multiple memberships in the groups in question. Voting won't do much if the powerful groups support the main parties, purchasing power is a bit vague in the face of advertising and complicit regulatory agencies, and many of the groups in question are not dependent on mass purchases of an end product. Outing the groups and the way they work is an essential first step.