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In a previous post in this thread, I outlined the global "world reserve currency" scam:
Coronavirus epidemic in China: Apocalypse Now! Or exaggerated scare story? (post #6252)
The chart above is better, and shows where America is on that timeline: hurtling towards a global United Nations-controlled currency system. But it won't happen all at once, because people would rise up against it if this were imposed on them all at once. Instead there will be several steps along the way.
Author Brandon Smith of Alt-Market.com outlined what he saw coming in this article, written in 2014:
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"At the Gorbachev-led State of the World Forum in 1995, Council On Foreign Relations member Zbigniew Brzezinski had this to say:
“We do not have a New World Order. … We cannot leap into world government in one quick step. … In brief, the precondition for eventual globalization — genuine globalization — is progressive regionalization, because thereby we move toward larger, more stable, more cooperative units.”
Regionalization is already occurring as the BRIC nations form their own bilateral trade agreements and their own global bank, and this is by design. The catalyst to trigger the end of the dollar and the dominance of a global currency system, I believe, will be the false East/West paradigm."
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In that article, Smith mentions an article written in the Rothschild-owned "The Economist" in 1988 that:
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"...outlined the framework for a global currency system called the “Phoenix” (a hypothetical title), administered by the International Monetary Fund by the year 2018, which would erase all national economic sovereignty and require governments to borrow from the world central banking authority, rather than print, in order to finance their infrastructure programs. This would mean total control by the IMF over member nations as they beg and plead for more capital under the global currency umbrella."
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Later, Smith writes:
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"The Economist actually admits that the Phoenix system would start out in the format of the Special Drawing Rights basket currency:
The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power…
The plan is to introduce a basket currency system as an alternative to the dollar as world reserve, then slowly but surely phase out all sovereign currencies until the basket becomes a currency itself - the ONLY currency. Former World Bank Chief Economist Justin Yifu Lin seems to agree with this ideology, arguing that national currencies must be replaced with a supranational currency, and pointing out that no single currency has the strength to stand alone as world reserve:
"I think the dominance of the greenback is the root cause of global financial and economic crises...The solution to this is to replace the national currency with a global currency..."
I would mention that a "Phoenix" rises from the ashes of calamity reborn. What ashes are the elites expecting the new global currency to rise from?"
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Smith then goes on to state that the catalyst to trigger the end of the dollar and global currency system will be what he calls the "false East/West paradigm":
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"I have seen an incredible array of analytic interpretations of the macro-economy by multiple mainstream and independent financial writers, but very few of them recognize that the conflict between the West and the eastern BRICS is nothing more than a farce. I have compiled a considerable profile of evidence on the reality that governments like Russia and China are actually complicit in the formation of a global currency and global government controlled by the IMF. You can see that evidence here, here and here. (for the links, just access the article above.)
China in particular has loudly pronounced a need for a global currency system to replace the dollar, and they have suggested that this system be controlled by the IMF:
The world economic crisis shows the "inherent vulnerabilities and systemic risks in the existing international monetary system," Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help "to achieve the objective of safeguarding global economic and financial stability."
China is NOT anti-establishment or anti-new world order, nor is Russia. Eastern opposition to the NWO is a lie. Period. In fact, the BRICS have argued only for greater inclusion in the IMF system and have no intention of developing a legitimate alternative to “Western” globalization. If you do not understand that the BRICS are part of the NWO, not opposed to it, then you do not understand a thing."
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Smith then goes on to outline the steps that needed to occur in order to schedule an economic reset over the next few years. Most of them have happened in the intervening years, though he was off by two years in his original time schedule. He then says how he thinks the banks will accomplish their currency reset without taking blame:
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"There is no way around it. The elites need a geopolitical disaster so overwhelming that all economic changes taking place in the background go completely unnoticed. They also need to set themselves up as the prognosticators and rescuing heroes in the midst of the coming chaos, as outlined in my last article.
I do not know what that disaster will specifically look like, because there are too many possibilities to consider. Think about this honestly, 10 years ago, would you or your friends and family have ever thought that the U.S. would be at war in Syria with a terrorist organization we created ourselves out of thin air? That we would be immersed in renewed tensions and the possibility of economic warfare with Russia? That our presidency would have attempted and failed the initiation of socialized healthcare? That our military would be tapped as a possible response force for domestic unrest? That an outbreak of Ebola would be suggested as a trigger for medical martial law?"
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He was off by a couple years, but in retrospect this article was an incredible piece of foresight. Of all the authors who regularly post to Zero Hedge, Smith has by far the greatest rate of successful predictions. And he is also one of the few who see the same fundamental problem in the world that those of this forum do: the prevalance of psychopathy. And he has read Andrew Lobaczewski. I will link to his most recent article on that subject:
From the article:
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"Narcissistic Sociopathy
It is interesting that the globalists used to present the 4% leadership argument in their eugenics publications, because 4% of the population is also consistent with the number of people who have inherent sociopathy or narcissistic sociopathy, either in latent or full-blown form, with 1% of people identified as full blown psychopaths and the rest as latent. Coincidence?
The behavior of the globalists is consistent with the common diagnosis of full-blown narcopaths, a condition which is believed to be inborn and incurable. Narcopaths (pyschopaths) are devoid of empathy and are often self obsessed. They suffer from delusions of grandeur and see themselves as “gods” among men. They believe other lowly people are tools to be used for their pleasure or to further their ascendance to godhood. They lie incessantly as a survival mechanism and are good at determining what people want to hear. Narcopaths feel no compassion towards those they harm or murder, yet crave attention and adoration from the same people they see as inferior. More than anything, they seek the power to micro-manage the lives of everyone around them and to feed off those people like a parasite feeds off a host victim."
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He "gets it". But I felt a need to share this article for his nuanced views on the East/West paradigm, because I've not seen this addressed often on SOTT or here. I believe his ideas have merit and should be discussed.