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Insider 02-21-2006 05:31 PM

BIS Calls For Global Currency
 
By Paul Joseph Watson

The scandal-ridden and highly secretive Bank For International Settlements, considered to be the world's top central banking policy, has released a policy paper that calls for the end of national currencies in favor of a global model of currency formats.

The BIS is a branch of the of the Bretton-Woods International Financial architecture and closely allied with the Bilderberg Group. It is controlled by an inner elite that represents all the world's major central banking institutions. John Maynard Keynes, perhaps the most influential economist of all time, wanted it closed down as it was used to launder money for the Nazis in World War II.

Buried in a London Telegraph report on UK inflation rates is the admission that the BIS, "has also suggested ditching many national currencies in favour of a small number of formal currency blocks based on the dollar, euro and renminbi or yen."

Centralized control of currency is a keystone pillar in the construction of global government.

The eventual goal is a cashless society credit system based on a worldwide citizen ID. Those designated as subversives or security threats will have their credit entitlement reduced and restrictions will be placed on when and what they can buy or sell. A world tax will be levied on all purchases.
MORE
http://www.propagandamatrix.com/articles/february2006/210206globalcurrency.htm

Shannow 02-21-2006 11:42 PM

Re: BIS Calls For Global Currency
 
Given how staunchly the greenback is defended against setting a defacto exchange rate with the euro (through joint trading of the two), I don't see that the powers that be would want a real world currency.

If a kilo of rice, or a gallon of petrol has the same intrinsic value regardless of borders, or (heaven help us), a days worth of labour will give the same amount of food, clothing, and comfort...the world would stop.


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