We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression,’ where nations, are mired in extreme debt.
Central banks print a nation’s currency, however, central banks are privately owned and are thus profit-seeking institutions.
The Federal Reserve
System, where true power rested in the 12 regional banks, especially the Federal Reserve Bank of New York. The regional
Fed banks were private banks, owned by major banks which elected the board members to represent them in Washington D.C.
In the early 1920s, the Council on Foreign Relations was formed in the United States as the premier foreign policy think tank, dominated by powerful banking interests. In 1930, the Bank for International Settlements (BIS) was created.
Historian Carroll Quigley wrote:
"The powers of financial capitalism aim for a world system of financial control in private hands able to dominate the political system of each country and the economy of the world. This system was to be controlled by the central banks acting in concert. The apex of the system was to be the Bank for International Settlements, a private bank owned and controlled by the world’s central banks which were themselves private corporations."
In 1954, the Bilderberg Group was formed as a secretive global think tank, comprising intellectual, financial, corporate, political, military and media elites from the West, with prominent oilmen-bankers such as David Rockefeller and European royalty. These elites meet in secret to discuss global affairs, and set and undertake broad agendas. The 1956 meeting discussed European integration and a common currency.
### In 1973, David Rockefeller (a jew), Chairman and CEO of Chase Manhattan Bank, Chairman of the Council on Foreign Relations and a member of the Steering Committee of the Blderberg Group, formed the Trilateral Commission with CFR academic Zbigniew Brzezinski (a close jewish friend of Malaysia's Anwar !!!).
When Jimmy Carter became President in 1977, he appointed over two dozen members of the Trilateral Commission into his cabinet, and Zbigniew Brzezinski (a jew), who was his National Security Adviser. In 1979, Carter appointed David Rockefeller’s former aide and friend, Paul Volcker (a jew), who held positions at the Federal Reserve Bank of New York and the U.S. Treasury Department, and also a member of the Trilateral Commission, as Chairman of the Federal Reserve.
IMF and the World Bank came to the ‘assistance’ of the Third World with their ‘structural adjustment programs’, which forced countries seeking assistance to privatize all state owned industries and resources, devalue their currencies, liberalize their economies, dismantle health, education and social services; ultimately resulting in the re-colonization of the ‘Third World’ as Western corporations and banks bought all their assets and resources.
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