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The IMF has been anointed as a global central bank!

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  • Sun, Sep 27, 2009 - 08:30pm

    #1
    rowmat

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    The IMF has been anointed as a global central bank!

Concerning Jim Rickards interview on CNBC…

http://www.michaelcovel.com/2009/09/25/dollar-fun/

Listen carefully @ 3:48

  • Sun, Sep 27, 2009 - 09:09pm

    #2
    Peak Prosperity Admin

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    Sorry, should read “is being anointed”

My bad!

  • Mon, Sep 28, 2009 - 06:01am

    #3
    Peak Prosperity Admin

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    Re: The IMF has been anointed as a global central bank!

I don’t think this is news . . . But it is the first time it’s been clearly elucidated in the MSM.

  • Mon, Sep 28, 2009 - 05:39pm

    #4
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    Re: The IMF has been anointed as a global central bank!

rowmat – thanks for the post.  I think you hit on one of the two most important financial decisions coming out of the G-20 summit.  The U.S. dollar will be slowly killed with the IMF taking on a new role as a mega central bank to fill the growing hole with SDRs.

The other big news is that the G-8 is yielding to the G-20 at least on monetary issues.  All of this is bad for the once sovereign nation of the United States.  We have been a financial client state of the Fed; now we will become a client state to the Fed, IMF and the BIS.

China has little voice in the IMF but that is quickly changing.  While China continues to develop it’s own financial network, it will simultaneously become a dominant policy maker of the IMF.  Instead of asking for new loans, we will instead be told how to run our economy by China and an international group of bankers.  

Larry     

  • Mon, Sep 28, 2009 - 09:26pm

    #5
    Peak Prosperity Admin

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    The genie is now well and truly out of the bottle!

“Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.” – Quote from David Rockefeller’s autobiography ‘Memoirs’

  • Tue, Sep 29, 2009 - 01:54am

    #6
    Peak Prosperity Admin

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    Re: The genie is now well and truly out of the bottle!

[quote=rowmat]

“Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as ‘internationalists’ and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.” – Quote from David Rockefeller’s autobiography ‘Memoirs’

[/quote]

Well, there you go . . . Rockefeller himself is a conspiracy theorist . . . .

 

  • Tue, Sep 29, 2009 - 02:46am

    #7
    Peak Prosperity Admin

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    Re: The IMF has been anointed as a global central bank!

[quote=C1oudfire]

I don’t think this is news . . . But it is the first time it’s been clearly elucidated in the MSM.

[/quote]

That’s why I posted it.

New World Order‘, Centralised Word Banking, Global Goverment, control of the internet, supression of individual rights in the name of anti-terror laws, human implantable RFID chips etc.

Only a year or two ago anybody that dared speak about the above was regarded as a ‘tin hat’ wearing conspiracy theorist (well many still are), but now it’s all over the MSM like a plague and politicians talk about the NWO on a daily basis as though it’s the answer to all our problems.


 

  • Tue, Sep 29, 2009 - 03:13am

    #8
    Peak Prosperity Admin

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    resistance from South America

but there seems to be some resistance from South America

http://news.bbc.co.uk/2/hi/business/8278228.stm

South American leaders have backed plans to create a development bank to finance projects in the region.

The Bank of the South aims to be an alternative funding source to the likes of the International Monetary Fund (IMF) and the World Bank.

It came as G20 leaders said there would be a shift in the balance of voting in the IMF towards growing nations.

Venezuela, Argentina, Bolivia, Uruguay, Paraguay, Brazil and Ecuador will create a start-up fund for the bank.

It was unclear how much of the $20bn (£12.6bn) fund would come from each of the seven member nations.

The concept of the bank was first suggested by Venezuelan president Hugo Chavez during his presidential election campaign in 1998.

Analyst Jan Randolph of IHS Global Insight said that for as long as emerging nations felt large institutions were not acting in their best interests, breakaway projects would continue.

“Until the IMF and World Bank does not just talk about inclusivity but actually acts in terms of broadening out voting shares and influence to genuinely embrace emerging nations you are going to get these alternatives,” he told the BBC.

Mr Chavez also offered to help create a “South-South bank” with African countries in the future, to fund projects between the two regions.

With talk like this it’s no wonder Hugo wants arms and America is beefing up in Columbia. Things would get really interesting if the BRIC got in on this too. Time will tell.

  • Tue, Sep 29, 2009 - 03:22am

    #9
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    Re: resistance from South America

[quote=Ruhh]

but there seems to be some resistance from South America

http://news.bbc.co.uk/2/hi/business/8278228.stm

South American leaders have backed plans to create a development bank to finance projects in the region.

The Bank of the South aims to be an alternative funding source to the likes of the International Monetary Fund (IMF) and the World Bank.

It came as G20 leaders said there would be a shift in the balance of voting in the IMF towards growing nations.

Venezuela, Argentina, Bolivia, Uruguay, Paraguay, Brazil and Ecuador will create a start-up fund for the bank.

It was unclear how much of the $20bn (£12.6bn) fund would come from each of the seven member nations.

The concept of the bank was first suggested by Venezuelan president Hugo Chavez during his presidential election campaign in 1998.

Analyst Jan Randolph of IHS Global Insight said that for as long as emerging nations felt large institutions were not acting in their best interests, breakaway projects would continue.

“Until the IMF and World Bank does not just talk about inclusivity but actually acts in terms of broadening out voting shares and influence to genuinely embrace emerging nations you are going to get these alternatives,” he told the BBC.

Mr Chavez also offered to help create a “South-South bank” with African countries in the future, to fund projects between the two regions.

With talk like this it’s no wonder Hugo wants arms and America is beefing up in Columbia. Things would get really interesting if the BRIC got in on this too. Time will tell.

[/quote]

 

It certainly will..

Chavez seeks Africa’s help for new world order

PORLAMAR, Venezuela, Sept 26 (Reuters) – Venezuelan President Hugo Chavez hosted some of Africa’s longest-serving leaders at a sleek Caribbean resort on Saturday for a summit he says will help end U.S. and European economic dominance.

  • Tue, Sep 29, 2009 - 03:48am

    #10
    Peak Prosperity Admin

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    Re: The IMF has been anointed as a global central bank!

[quote=rowmat]

[quote=C1oudfire]

I don’t think this is news . . . But it is the first time it’s been clearly elucidated in the MSM.

[/quote]

That’s why I posted it.

New World Order‘, Centralised Word Banking, Global Goverment, control of the internet, supression of individual rights in the name of anti-terror laws, human implantable RFID chips etc.

Only a year or two ago anybody that dared speak about the above was regarded as a ‘tin hat’ wearing conspiracy theorist (well many still are), but now it’s all over the MSM like a plague and politicians talk about the NWO on a daily basis as though it’s the answer to all our problems.

[/quote]

Sorry that I came off as condescending, Rowmat . . . I realize that you are more up to speed on all of this than I am  . . . I was just trying to point out, as you said, that people are now embracing as a panacea what was once considered too horrible to be true . . . The distortion in thinking is so bizarre that it would be funny, were it not for the amount of suffering it will cause . . .

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