Poppy3: tiers...there are no tiers. WE ARE ALL EQUAL.
RATES WILL ALL BE EQUAL EXCEPT FOR WHAT DEALS WILL BE NEGOTIATED AT THE TIME OF EXCHANGE. NO BANKS CAN MAKE DEALS TILL THE RATE IS LIVE AND INTERNATIONAL. ALL THIS GCR **** IS JUST THAT **** YES SOME CURRENCIES WILL ADJUST BUT ONLY A FEW AND THAT WILL TAKE TIME
...LEGARDE STATED SO HERSELF 6 MONTHS AGO. NO SUCH THING PERIOD.
WHEN THIS HAPPENS FOR SURE WE ALL WILL KNOW WITHIN HOURS AND THERE WILL NOT BE SOME PRIVILEGED FEW THAT KNOWS BEFORE ANYONE ELSE.
China launches new World Bank rival
Posted by BaNDiTo.RoX on October 24, 2014 at 11:10am
Published time: October 24, 2014 12:09 Get short URL
Beijing has launched the $100 billion Asia Infrastructure Investment Bank (AIIB). Australia, Indonesia and South Korea were absent following hidden pressure from Washington concerned about the new challenge to the World Bank and Asian Development Bank.
The memorandum of understanding was signed on Friday in Beijing. The development bank was proposed a year ago by Chinese President Xi Jinping, and is to offer financing for infrastructure projects in underdeveloped Asian countries. The bank is headquartered in Beijing and Chinese banker Jin Liqun, the ex-chairman of the investment bank China International Capital Corp, is expected to take a leading role.
The bank will be operational by next year and will initially be capitalized with $50 billion, most of it contributed by China. The country is planning to increase authorized capital to $100 billion. With that amount the AIIB would be two-thirds the size of the $175 billion Asian Development Bank.
Twenty more Asian countries became bank members. India is the only major world economy to join the AIIB initiative, and will be second largest shareholder of the bank after China. Among other countries participating in the project are Mongolia, Kazakhstan, Pakistan, Nepal, Oman, Kuwait, Qatar and all the countries of the Association of Southeast Asia, except Indonesia.
Australia, Indonesia and South Korea were absent from the ceremony as the United States said it had concerns about the new rival to Western-dominated multilateral lenders. Japan, China's main rival in Asia, which dominates the Asian Development Bank along with the United States, was also absent, but it was not expected to attend.
Indonesia refused to participate in the project at this stage, saying that the new government has not yet had time to discuss China’s proposal.
The Australian Financial Review said US Secretary of State John Kerry had personally asked Australian Prime Minister Tony Abbott to “steer clear” from joining AIIB, the Financial Review reports.
"Australia has been under pressure from the US for some time to not become a founding member of the bank and it is understood Mr. Kerry put the case directly to the prime minister when the pair met in Jakarta on Monday following the inauguration of Indonesian President Joko Widodo," the paper said.
South Korea, one of America’s closest allies in Asia, is giving more thought to participating in the bank. Last week its finance ministry said it spoke with China to request more time to consider such details as the AIIB's governance and operational principles.
US officials have said they do not want to support an initiative Washington thinks is unlikely to promote good environmental, procurement and human rights standards in the way the World Bank and ADB are required to do.
But Chinese officials are convinced the American opposition is an attempt to contain the global rise of China and its ambition to remain the dominant power in Asia.
“You could think of this as a basketball game in which the US wants to set the duration of the game, the size of the court, the height of the basket and everything else to suit itself,” Wei Jianguo, a former Chinese commerce minister, told the Financial Times
Matthew Goodman, scholar at the Center for Strategic and International Studies in Washington DC believes the initiatives of a BRICS Bank and AIIB “represent the first serious institutional challenge to the global economic order.”
Chinese Finance Minister Lou Jiwei said the AIIB will set high standard and feasible safeguard policies and improve some of the bureaucratic, unrealistic and irrelevant policies, according to the Xinhua news agency.
Banker Suicides Return: DSK's Hedge Fund Partner Jumps From 23rd Floor Apartment
Posted by EXOGEN on October 24, 2014 at 11:32am
Exogen: WHY DO YOU REALLY THINK THE SOCIOPATHS HAVE ATTEMPTED TO BLOCK MILLIONS OF PEOPLE FROM BECOMING WEALTHY??
Mac The question is how can they stop us from exchanging? Especially when the rate goes live around the world.
Visionaire October 24, 2014 at 11:16am IMO….All that the Dinarians did was seize an opportunity. That's like getting mad at folks who bought Apple or Google stock decades ago; they saw the vision Most people who were informed about this did not act; i still have friends who won't even spend $60 to buy 1 mil Dong.
Most Dinarians will not net over a million. The Dinarian whales who are planning "do good " projects are not a threat as there will still be enough poverty out there for PTB to exploit. We don't own banks or the major industries that currently shift the markets, therefore i believe they consider us fairly insignificant.
I think it's more about these other countries having increased purchasing power.and the overall global monetary shift away from the West and this is one area where they can wield some power.
Bold n Courageous If wealth were to come to the people who actually care about the little guy, because they aren't that far removed from being a little guy. Then the power... Lawmaking power... that the sociopaths have been enjoying squashing the little guy could be addressed. The laws currently are not for the people, but for the few (sociopaths), and the few have worked hard to create that.
Diane They are selfish. They are addicted to money, power and control. They have no regard for others and don't want to help unless it benefits them. They are in total denial that we are all human and deserve to be treated as an equal. They think they are right in denying us this blessing.
D. RED for more power and greed ---- called CONTROL
Hale Ali'i They know we would do good things to help others and no one would depend on the "system" they have devised for our failure. They know their time of corruption is up...humans are waking up everywhere and demanding their lives back.
soundoc : Yesterday morning, I got news from banker that people have exchanged in Missoula MT, and Seattle (43 in MT, 124 in Seattle) So unless it's the elite double dipping, then we will be at banks shortly.
Posted by John MacHaffie:
CURRENT ANALYSIS......current geopolitical analysis
The following is from a trusted source. Hope the analysis is correct, but that the timing for the end of the resistance to change is shorter than projected.
Multiple sources are reporting that as of October 17th, 2014, the Dragon family has taken over control of the international operations of the Federal Reserve Board and that as a result, the cabal’s ISIS and ebola campaigns, which were negotiating tactics, will be wound down.
Under the deal, the United States, Europe and England, respectively, will be issuing their own domestic currencies.
However, the world’s reserve currency will no longer be controlled by the families that used to own the Fed, the sources, including pentagon and CIA officials, said.
A Chinese government source was unable to confirm that a deal had been reached. Nonetheless, he did note that China, Indonesia and Japan had been printing dollars of their own under the old regime but that all new creation of dollars world-wide will stop in October.
This implies that any new currency issued internationally will be something other than dollars; most likely a basket of currencies centered on the Chinese yuan.
A British MI5 source, for his part, says “Europe is in no condition to make any agreements based on the future use of the Euro. Italy, France and Germany all need to expedite the issuance of domestic currency and this is now a recognized fact.”
Moreover, there are still major power groups, notably in the Middle East and the US, that are unwilling to accept this deal, dragon family sources say. As a result, geopolitical turbulence is expected to continue until the final resistance groups are subdued and controlled.
A dragon family member says they will push for complete cabal defeat by the Chinese lunar New Year , which falls on February 19th in 2015.
A high level “G7 source” independently confirmed that as a result of the new deal, “The New Economic System will be developed founded on the truth namely that there is Abundance of resources, not scarcity.” If a deal has been reached at the highest levels of Eastern and Western esoteric power, then there will be many public signs appearing.
Published on Oct 17, 2014 This is one we've been waiting for! Yes, the Ambassador confirms that the Family is now the lawful owner of the Federal Reserve that has waged war on humanity for over 100 years. They are responsible for operating the largest and most oppressive criminal operation, an extortion racket and human slave trade, in the history of the world. They totally failed in their mandate to serve humanity; and their mandate has not been renewed.
Instead, steps are being taken to transform society, restoring people's natural rights along with principles of limited government (Republics) outlined in the founding documents of the united States in America. Again, he admonishes us to look in the mirror and to stop aggression, greed and the illusion of self importance.
Hale Ali'i > It's true, they have taken control.
I have a close source that states as of last week it is done. The Rothchilds are no longer in control and dragon family has paid our trillions in debt. We just have to ride it out another little bit and this will all become transparent to the entire planet.
I just choose to believe they are correct because for the past year everything
I have been told ahead of time has come to fruition. Crossing my fingers and toes.... :)