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Part 2: From Global Currency Reset Site:
According to Lindsey Williams (http://lindseywilliams.net) the dollar will be devalued about 30% in the next Global Currency Reset. That’s a lot!
Imagine paying 30% more for items from China.Have you ever tried to quickly find ten distinct items in Walmart that are NOT made in China.Even the American flags are made in China! Devaluation is a big part of the Global Currency Reset.
“market conditions may cause your dollar to buy slightly less”
For some people reading this, you remember how much more your 1971 dollar went versus your 2014 dollar.Think about how far it goes now.Heck, even some like me who remember in high school when minimum wage was $5.15 and gas was only around $1 a gallon, yes you could get over 5 gallons per hour you worked.
What do you get now that minimum wage is $7.80 (Arizona) and gas costs $3.39 (National average in Feb 2014?You get about 2.25 gallons per hour worked, less than half!
I never hear this reported on the mainstream news, only how high the stock market is.By the way, were you able to buy more stuff for $15,000 in 2000 or in 2014?
Exactly, so the stock market, since it’s measured in dollars, doesn’t mean anything, the stock market would have to be above 25,000 points to be even close to where it was in the late 1990′s.
Here is a gas chart, just look at what happens around 1971 when President Nixon gave this speech. By the way, I don’t think President Nixon knew that by taking us off the gold standard that we’d have a Global Currency Reset.
What I mean is, since all currencies were tied to the US Dollar (backed by gold) they now had to be reset. Since all countries were tied to the US Dollar and gold, it was a global currency reset in that regard.
Historial Gas Prices 1929-2010
“fair competition around the world”
Fair?What’s fair about the fact that our biggest export is DEBT.I think that says enough, we owe so much to other countries and yet we can’t fund social security, the post office, or other programs like medicare.
In full cooperation with the International Monetary Fund
These are the people in charge.The I.M.F. as it’s abbreviated, just happened to be created around 1944-1945, it’s main purpose is to, according to their own website “foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”Are they doing a good job? The IMF is behind this coming Global Currency Reset.
“new international monetary system”
It’s a global or international monetary system, so every nation is involved, they have to be, how else can a country trade unless their currency is convertible?
The point of a Global Currency Reset is to allow countries to trade among each other, but the U.S. Dollar was gold backed, after this speech, it was fiat, meaning it was only worth the paper it was printed on, nothing backed it, just government fiat, or decree.
The difference between the financial changes in 1971 and what happened in 1944-1945 is that in 1944 we essentially said, “We will back our U.S. Dollar with gold, if you have dollars, we will give you gold, in 1971 we said, “We will not back our U.S. Dollar with gold, but trust us, we’re good for the money, oh yeah, you can’t get our gold.
A global currency reset, would reset the price of gold as well.
In 1971, gold was $35 per ounce, after this speech by President Nixon the price floated, it got up over $800 in 1980, fell down to around $200 in the 1990′s, and again rose up to $1900 in 2011.
“an additional tax of 10 percent”
Ask anyone who was a teenager in 1971 how quickly prices went up from 1971 to 1980.As the U.S. began trading more and more internationally those 10% taxes took their toll.
That’s it for my analysis of President Nixon’s speech, now for some history. We will start with talking about the Global Currency Reset following our discussion gold standards.
Before World War I, nearly all of the major currencies (dollar, pound, Swiss franc) were backed by gold. This was the so called “gold standard”. The amount of money in circulation was directly diet to the gold supply.
With a Global Currency Reset, this will all happen again, gold backed money. Remember, gold holds it’s value, it’s been said that an old Roman gold coin of eight grams purchased a few hundred liters of crappy wine, well, in 2014 eight grams of gold is worth $341.08 as of February 2014.
Nothing changed, your gold purchased the same stuff.You can bury gold for thousands of years and it’s worth the same, but you bury a dollar and thousands of years later it’s not going to buy you anything, unless some collector wants it. So what happened in August of 1971, a Global Currency Reset.
What follows below is the information I have found over the past few months:
LINK TO PART 3