As the economic attack continues on America and the west, it will be necessary to fast reverse a bit to bring people up to speed on the news Russia and China are pushing for an overlord or super currency to replace the dollar.I beg people's pardon if they know the following from the blog, but a linking of things needs to be done to bring an entire picture into view for people to completely understand.
I noted before that there is not in any way that the Europeans, Russians, Chinese etc... could individually absorb a change from the dollar as doing so would require them to match the trillions of dollars in circulation.
To explain, the Euro would be so printed up and available that it would be worthless as there would be so many Euros around. This cheap money is part of what set the stage for the implosion and attack on the dollar.
The busy beavers now though have in China decided on a Keynesian super currency which all of them would combine (all meaning America's enemies) to put in parts of their currency reserves to build this super currency.
For those who do not know John Maynard Keynes. He was British, sexual pervert, communist who built economies that stagnated, as stagnant economies kept poor people poor so they did not rise up and safeguarded rich people's money. He created the European nightmare compared to Milton Friedman's American Dream of expansion and hope.
Keynes idea was based up 30 commodities as a set value for the super currency. The problem is with commodities is they are traded, and the price of them never deflate or go up as they must remain stable for the super currency.
Ok, so say the super currency is backed in silver. Then a crisis comes along and they need more super bucks. One just can not print up the money as it must be backed or it will loose value.
The traders see this and say, "Wow they need to buy a trillion buckers in silver." That means a demand and silver prices go up.
So silver inflates and they Keynes group can't afford to use silver, but if they rely on silver INFLATION for their standing super bucks, then when silver deflates their super bucks are worthless.
It is the catch 22 of this and as Keynes would certainly want to have price controls as he loved that stuff, then his silver would have a value of 5 bucks and ounce. The problem would arise when strapped nations seeing silver was selling on the open market for 40 bucks and ounce that the reserves would begin depleting.
Keynes super bucks that the Chinese, Russians and Europeans are angling for only works for about 3 days until market forces take over in the good old Rothschild Rockefeller inflation which makes currency cheap and commodities expensive.
If these Obama backers succeed, Americans will devolve into a 2nd world economy looking like England with no major projects, no money to develop anything as all the taxes go to social nonsense while the pipes in London are so old and bad that if you peed on them the pressure would burst them.
People in America have not come around the Hitler lie as it is just too big for them in the Truth to wrap their mind around. Barack Obama is no more American than David Rockefeller or Henry Kissinger is. These patricians are globalists. That means their loyalty is to a ruling prize which is bigger than just controlling America.
They mean in their spheres to control the Americas and the Rothschilds mean to control the world.
Barack Obama is a traitor to the American Republic. People have difficulty in dealing with that, because 99% of the Obama supporters are loyal Americans. They have a phobic hatred of America and would like to rebuild it, but they believe that America is the best place on earth and all other places are lesser.
They are xenophobes whether they will admit it or not, but they admit it as the majority stay in America and if they do tramp about overseas, they in time come back to America as they see how fossil the rest of the world is in being backwards.
Obama's single mission in this is to shred the American economy, so the dollar will be replaced which will make America a vassal nation. Birdie has his own therapy issues which drive him in this in transference of his hatred of his mother onto America, but he is carrying out the perfect coup in insulting British, French and Israelites breaking up the western monetary union of finance, all so his benefactors in central Europe who created Marxism to Keynesian manage masses of people while the elite prospered, can rule Obamaworld.
There is nothing complicated in this and I do not believe the Obama voters voted for any of this and are still making excuses as they do not believe anyone would do this to their nation.
Obama's nation though is in Europe, in an order just as distinct as the Pope or Muslim orders in resolute followers who follow an ideology beyond borders over the nations they reside in.
The busy beavers have now found a way to supplant the dollar with this Keynesian system which will self destruct. It is vital to understand this point once again written of exclusively here in Obama Geithner have been plundering all the assets, because they know there is no need to save for a rainy day as a new dollar will emerge.
As Frank Biancheri wrote of, a bankers holiday in July and people on July 2nd go in thinking their money is safe, but on Monday the 5th, Geithner comes out and says, "America is broke and in order to deal with Chinese owning our debt, America has created a two stage dollar.
You the people now have a dollar worth 3 cents, so your 100,000 in the bank is worth 3000 dollars, and the new established currency will have full value which the International Monetary Fund, World Bank, Chinese and Rockefellers own.
Do not worry Americans about having no money as if you work you will get money and remember you now have government health care, housing, loans and schooling, so you really do not need money, but owe the government to volunteer.
Kidneys and hearts are in short supply."
All of this can be stopped if Congress just can find a few brains to stand up and stop it.
Obama Geithner just printed up 1 trillion dollars (announced 1 trillion but these buckos have been shifting incredible trillions onto the stock market creating these bogus rallies which is quite criminal) which I will repeat is quite criminal.
I saw Birdie in a meeting of his economic team and Ben Bernanke looks worried, but is the only person in that room who actually understands anything economically. Mr. Bernanke has to prove he is not a Volcker traitor to America by standing up and saying, the consequences of Obama policy is the 2nd world status of America as the things being initiated here are unConstituational and criminal.
America solves this attack by making it the American oil dollar, meaning America is pumping oil making it cheap and the dollar expensive. By this it pays off all debt, shifts to India in cheap manufactured goods along with an Americanized Mexico, to negate China.
That pulls China's teeth. Cheap oil pulls OPEC Islam and Russian Bolsehvik's teeth and by shifting money supply out of Europe, it pulls the Obama benefactors teeth.
Simple solution which anyone can wrap their brain around. The Obama supporters need to start asking why he is taking actions which are dismantling America, before liberal Americans are not able to cool or heat their homes, nor afford homes and are existing in Obama Rezko slums.
There are far too many flame throwers in this who have desensitized Americans by saying outlandish things. The above are a factual analysis if one puts Barack Obama's moves into motion and concludes them.
You must understand that Rockefeller and Kissinger created the 1970's dollar oil system which has been transferring money out of America as America no longer manufactures things, China does in this system.
This is what caused the 70's price hikes as the dollar got cheap, oil expensive and Americans lost job value.
This is what happened in the 90's when Reagan's fair trade was hijacked and became cheap slave labor policy.
The final degradation is Obama doing exactly what he is doing. He is plundering the treasury, running up massive debt, dismantling the military and transferring wealth to the rich while importing a Mexican national vote to out vote Americans, as they just did in the last election for Obama.
Ask yourself people if an enemy like Hitler was in power in America, would he not be ruining the economy further, spending all the money, transferring money to his European allies out of America, dismantling the means of defense in making it hard for Citizens to get ammunition and guns, and dismantling the military, with importing a foreign people to out vote Americans.
If Hitler doing these exact things would be termed an enemy making war on America, then why is it that Barack Obama is being made excuses for in doing the same exact harmful things.
Think about these things Americans as each day it becomes a more difficult task to rectify this in times of peace. In times of war or terror attacks wiping out cities, this then becomes an impossible with marching 3rd worlders demanding their America has priority over the former America.
Think about what Obama is doing people.
agtG
