Comments On China & Saudi Arabia Forcing USD Acquiesce Part 2
JC Collins JANUARY 9, 2015 AT 10:27 PM Thanks for sharing the link. We all have valuable contributions to make here. In regards to a solution, I’ve offered mine here many times, but unfortunately it’s not the one people want to hear.
Any system, or correction to an existing system, including change through revolution, is manifested from the hearts and minds of man. And until those hearts and minds balance and work in unison, the dysfunction and corruption (of all processes) will continue.
The same cycle will continue for ten thousand more years. Wanting or desiring a “mosquito coast” lifestyle does not mean that lifestyle will not be altered or corrupted from outside forces, never mind the corrupt forces which exist within each of us.
JC Collins Continues: Therein lays the challenge for humanity, separation and sameness are one and same. And yet, we wait for separation to offer us a solution to a problem which lives in each one of us, whether you acknowledge it or not.
In the meantime, I will continue to research and write about the mechanics of the multilateral transition, with a spattering of the esoteric when I can, with the intent of building understanding about the patterns that continue to repeat throughout human history.
Those that wish to run headfirst into the same wall of human dysfunction and despair are only building the horror of tomorrow, as the outcome of every revolution in human history has proven.
irrelevant111 JANUARY 10, 2015 AT 9:12 PM Mr. Collins, You are most assuredly one that absorbs w/o comment until a persuasive rebuttal. A fine line…
I challenge nothing. It is common mans understanding to determine truth based on belief and perception, most certainly knowledge of where we are today. Most citizens in the U.S. have a blind eye.
It is disheartening daily the lack of “street smarts” on world events.
Blogs such as yours opens eyes as well as other venues to those that see…
Enjoy the dynamic of change in 2015, it will be profound and nothing more… Best My Dear Friends As We Journey On… John
Daneackerman JANUARY 9, 2015 AT 9:37 PM “France calls for Russian sanctions to be lifted and 2 days later suffers a terrorist attack on “freedom of expression”. Interesting.”
And a little damage control…..”U.S. investigating depth of Al Qaeda group’s ties to attack in France”
matt (@speedspirit42) JANUARY 10, 2015 AT 1:41 AM Here is bit of info on terror attacks pointing fingers at Britain and US intel.
“Indeed, evidence is already coming to the surface, indicating a clear British hand behind the terrorist attacks in Paris. On Thursday night, the Daily Telegraph revealed clear links between one of the Paris attackers and Abu Hamza, a longtime jihad recruiter based out of the Finsbury Park Mosque in London.
Abu Hamza was convicted in a US Federal Court last year of terrorism sponsorship, but in his trial, his defense was that he was working on behalf of MI5, Britain’s equivalent of the FBI.
The same desperation driving the new wave of 9/11-style terrorism is also driving Congressional Republican leaders to bend to Wall Street’s demands for immediate guarantees of unlimited taxpayer bailout of their totally bankrupt financial bubble.
At the same time, they are also, as Lyndon LaRouche warned, pressing for vicious austerity measures targeted at America’s poorest and most vulnerable citizens—through cuts in Food Stamps, Social Security Disability and Veterans benefits. This is one and the same as the British policy of radical population reduction. ” LaRouche
Roger Parness JANUARY 10, 2015 AT 3:53 AM Nuclear power is supported by brain dead businessmen and predator politicians with zero concern for life and the future.
To include renewable energy with nuclear is to display simply and clearly a level of ignorance intent on destroying our children’s world. Ravenous greed predominates. Life not profit. NO NUKES!
Dripfood JANUARY 10, 2015 AT 1:37 PM Hello Roger, as you know, I am a proponent of the development nuclear energy technology.
I hope you will believe that my proponency is rooted in research and consequent knowledge about the subject and not in the least in greed or hate against your (nor my own) children.
I am quite sure your current view will soften by researching the following topics: breeder reactor, thorium reactor, LENR (the new and politically correct word for cold fusion) and fusion reactor.
The technology should be given a fair chance and funding proportionate to its positive promise for humanity: small (personal), cheap and zero-footprint nuclear energy devices are within reach.
Associating nuclear energy production with nukes or Tjernobyl is a result of fierce CSI programming, initiated in the early 1970’s by oil interests and continuing today. As you know, CSI is meant to evoke emotional reactions based on misdirection. If you remove the misdirection, the emotional reaction wll subside.
tristero888 JANUARY 11, 2015 AT 12:04 AM fusion not fission
irrelevant111 JANUARY 10, 2015 AT 9:27 PM P.S. JC, most will not understand “Mosquitos Coast”, unless they saw it…
JC Collins JANUARY 10, 2015 AT 10:25 PM I know. I have a habit of referencing things without explaining them in more detail. Perhaps its laziness on my part.
Matt McBride (@MattMhmmcbride) JANUARY 11, 2015 AT 12:04 AM Dear all, Attached is a link to Christopher Wilkies 2012 book ‘Special Drawing Rights (SDRs): The first international money’.
Definitely worth a read in conjunction with JCs posts. LINK
Matt McBride (@MattMhmmcbride) JANUARY 11, 2015 AT 12:50 AM Hi JC, Do you see Sauds losing US protection against their internal and external enemies with a transition away from the petrodollar toward the SDR?
JC Collins JANUARY 11, 2015 AT 1:01 AM Yes, I do Matt. I tend to go against the grain, so where most see a Saudi-American operation against Russia, Iran, etc, to drop oil prices,
I see it more as the efforts of Saud and China, with the purpose of fragmenting OPEC along the subduction zone which exists between low cost and high cost producers.
This will build the case for international regulation of the energy markets and a shift towards SDR denomination. What better way to get the world to accept SDR than by requiring all exchanges of energy to be denominated in the SDR. Just like happened with the petrodollar.
And the threats made against Saudi Arabia last summer by USD support group ISIS is seldom mentioned in the analysis of the currently streaming theory.
Matt McBride (@MattMhmmcbride) JANUARY 11, 2015 AT 2:18 AM Agreed. Sauds and China are pushing along the SDR system with the fracturing of OPEC, and stand to benefit greatly by picking up the broken pieces for cents in the dollar…or should I say cents in the SDR.
I wonder what “deal” or guarantee the Saudis got from China/Russia/Iran.
It seems the U.S. could be scapegoating the Sauds Citigroup:
Do you see a war as an engineered way to accomplish further SDR expansion, accelerated global growth and wealth redistribution to the emerging markets of the East post the end of SDR substitution reliquification in 2015? The eventual peace treaty could usher in the third stage of the plan.
JC Collins JANUARY 11, 2015 AT 3:35 AM I don’t see anything outside of the continuation of proxy wars. The mass movement of gold is forced by all out large warfare. The gold has been willingly moved this time. Proxy resource wars is the strategy for a diminishing USD industry and military. At least I hope so.
Norman Ball JANUARY 11, 2015 AT 1:14 AM just a note to say I’m unable to post to your blog. I wonder if others are having a similar problem. Date: Thu, 8 Jan 2015 19:45:20
JC Collins JANUARY 11, 2015 AT 1:20 AM I’m also having a few issues over the last few days. Not sure what’s causing it.
Roger Parness JANUARY 11, 2015 AT 5:52 AM Me too. Can’t post from work where I usually do so. Figure y’all miss my acerbic wit and brilliant insights.
Norman Ball JANUARY 11, 2015 AT 1:21 AM Hah lol. I see from the above that you can post directly from email alerts. Interesting. So I was going to say…
“Do you see Saudis losing US protection against their internal and external enemies with a transition away from the petrodollar toward the SDR?” My take Matt is that the petrodollar is a mobius strip.
The US mlitary is financed by the petrodollar which protects the Gulf states which finances the US military which is protected by the US military. How do you dismantle a mobius strip?
Btw, the petrodollar peaked in 2006. Cheaper oil also reduces the efficacy of the petrodollar shield.
The Gulf will be a net importer of capital in 2015. Pax Americana is losing its underwriter. Who’s going to feed the military industrial complex? WW3? If it’s no longer paid to protect it must destroy.***
My perennial struggle is with intentionality and purposefulness versus crap just rolling down the hill forming an ever-growing snowball. Are the motives benign? Absolute power corrupts absolutely.
Benign motives can easily devolve into malign intent. Only a fool wouldn’t be nervous about having to get a home loan approved by Basel, Switzerland.
Is the world staggering upwards through monumental greed or is this a directed rendezvous with a Dodd-Frank derivative *** complete with depositor wealth confiscation?
How much of the solution is the Plan and how much of the solution is necessitated by our venal nature? Does it matter if we and They bumble us into a dystopia?
What’s the practical difference if it turns out to be an accidental dystopia?
Is the BIS catching us so we won’t fall like an attentive parent or does the BIS know that if it only waits it can catch us before we fall and make the whole escapade look like an attentive parent catching a wayward child, when in fact we are collapsing into a centuries-old trap?
Should we welcome our captors because our greed is destroying the planet?
One of the funny things about gold-bugs is they salivate over $15,000/oz not realizing the dire context in which such an appreciation will occur.
Would you rather live in American society today at $1,200/oz or get a windfall and ‘enjoy’ it in Mad Max land? $15,000/oz gold suggests to me that a trip to 7-11 has a 50/50 chance of getting you shot, even before you can hand a gold nugget to the attendant for a Slurpee. Whee! Happy days! You don’t get that kind of price in Shangri La.
Matt McBride (@MattMhmmcbride) JANUARY 11, 2015 AT 2:29 AM Hi Norman Thanks for the reply.
I agree that gold bugs are kidding themselves thinking prices will go to $15,000 per ounce.
I do believe however that the IMFs existing gold reserves will be critical to ensuring confidence in the masses of created SDRs.
It would also make sense for the IMF to include gold in the SDR, with countries like China (with excess gold reserves) substituting Gold for SDRs and votes…further strengthening the IMFs gold reserves, and ability to expand the liquidity of the SDR in the multi national corporate and commercial banking sphere.
The IMF HQ would have to be in Chinas FTZ for the PBOC to be happy to do that.
chuc1997 JANUARY 11, 2015 AT 3:05 PM Gold at $15,000 is entirely possible.
Money is determined by what oil says it is, end of discussion. That is why US has scrambled to increase its production.
If Saudi, Russia and China say oil trade between them will be settled at 200 barrels per ounce of gold, who will deny their ability to do so?
This may sound irrational because it prices gold at $10,000/oz, but is it irrational?
Or is it irrational to sell oil for the IOU’s of a broke country or the “super-IOU’s” of the monetary authority that broke country created post-WWII and forced other nations to listen too but then won’t listen to when it came time for the broke country to take it’s own medicine?
Gold at $15,000 will not require mad max, I assure you. Merely a well-timed “leak” noting that partners russia and China and Saudi are now settling oil trade in gold at 200 bbls/oz or more.
JC Collins JANUARY 11, 2015 AT 3:42 PM The IMF was not created by the United States, nor was the USD reserve system. The were used by a larger international banking conglomerate, which included China and Russia. We haven’t lived in a US dominated world for the last 70 years, it only appears that way.
We have lived in a supra-soveriegn banking structure which used the USD system and American military to expand its reach.
Now this same supra-sovereign banking structure is transitioning from a USD reserve system to a SDR reserve system. Gold will play a hand, as it did in the original Bretton Woods, but not as a full gold standard.
How would you address the inherent depreciation which has been a direct result of every gold standard? Logistically, the idea of using gold to balance world trade is unworkable on so many levels.
The freight and storage alone would drive systemic cost over runs. Using paper gold certificates instead of moving actual gold just brings the whole system back into the potential of manipulation and dysfunction. Saudi, Russia, and China have all committed to the multilateral monetary framework.
These facts are conveniently left out of analysts that conclude $10,000 gold is just around the corner.
Some regional agreements may temporarily use gold to balance while the SDR system continues to be arranged and implemented, but you will never see it as the global reserve unit of account.
Bruno de Landevoisin JANUARY 11, 2015 AT 1:41 PM I trust the monetary authorities setting up the The Multilateral System are more competent than the current authorities handling terrorist apprehension operations: http://zirpqe.wordpress.com/2015/01/11/curious-charlie-carnage/
Steve Henningsen (@Stevephenni) JANUARY 11, 2015 AT 5:21 PM Strike this comment if already forwarded to you…
I found this interesting… http://vigilantcitizen.com/vigilantreport/economist-2015-cover-filled-cryptic-symbols-dire-predictions/
Would love to have been in the Economists editing room while they were developing it.
David Aylward (@Aylward5) JANUARY 11, 2015 AT 7:09 PM I am intrigued by the IMF paper written in 2012 by a Benes and Kumhof revisiting the “Chicago plan” of 100% backed reserves of base money.
It supposedly would take money/credit creation out of the hands of banks(currently creating 97%) and give it to the central bank(currently 3%). Steve Keen and Richard Werner have stated that credit creation could then be steered to more productive means by incentivising loans that increase sustainable GDP as opposed to bidding up financial assets.
This gentleman proposes the IMF do just that
What is especially intriguing to me is the assertion that the US Treasury could make enough off seigniorage through the Fed to pay off the national debt. US citizens (any citizen in a participating country) would have their checking accounts fully backed by SDRs preventing runs on the bank and eliminating any foreign transactions fees(?).
I am obviously not a trained economist but just have a weird obsession with this so my thoughts stop here. I prefer to get rid of the good vs evil/master of the universe scenarios and look at things through how well intentioned humans (with possibly huge egos) in positions of relative power are being incentivized to act.
Norman Ball JANUARY 11, 2015 AT 9:18 PM “We haven’t lived in a US dominated world for the last 70 years, it only appears that way. We have lived in a supra-soveriegn banking structure which used the USD system and American military to expand its reach.
Now this same supra-sovereign banking structure is transitioning from a USD reserve system to a SDR reserve system.”
Yes I agree completely that the nation of America and its citizens are rather incidental if not hostage to the USD and the military indistrial complex.
In some sense the Triffin Paradox has in fact relinquished its paradox. America is alone among nations in that it does not have an answerable national currency. This does not mean that the globalist tab run up under the auspices of the USD will repatriate like a bitch.
Steve Henningsen (@Stevephenni) JANUARY 12, 2015 AT 9:04 PM Appears someone else has been digging into China’s history related to SDR and gold.