Bandit » January 19th, 2014, 10:00 pm • Did you see this family?
Good one Sager …3 weeks from Jan. 8th is Jan. 29th Whoo Hoo................ Hmmmm Maybe?????
Sager » January 19th, 2014, 8:24 pm
Is the International Monetary Fund Hinting About An Economic Reset?
January 8, 2014
It has been rumored for quite some time that the economic powers in the world, namely the Bank for International Settlements, The International Monetary Fund, and the World Bank have been working closely with most of the worlds countries on an economic reset.
The idea behind the reset is to prevent a complete collapse of the banking industry worldwide. When one calculates the amount of debt in the world today, the instability of the whole system is obvious.
Read More Link on Right
So the main components of a reset will consist of a global currency revaluation, a new gold trade settlement system, and improved banking regulations to increase a banks assets and decrease their liabilities. T
he Bank for International Settlements has been slowly and quietly implementing these new regulations, Basel 1, Basel 2, and Basel 3.
So banks decreasing their liabilities (less leveraging) means a contraction or reduction in the credit supply.
Since credit is another way of saying debt, we can reason that the plan is to have less debt in the world economy. So what happens when every dollar in circulation is a debt dollar? How do you reduce debt without decreasing economic growth?
Christine Lagarde, Managing Director of The International Monetary Fund, speaking from Nairobi today, said that they will be revising upward their forecast on global growth. This new forecast will be made public in 3 weeks. She stated that it was premature to say anything more.
It was only this past October that the I.M.F. issued their last global growth forecast and it was downward for 2014. So what has changed in the last 3 months for the I.M.F. to revise the forecast upward?
If the plan is less leverage, how can we expect growth when the system of money creation is a debt based system? We can micro analyse endless charts and money velocity forever. The fact is our money creation method is debt based and debt is increasing at alarming rates. So what gives?
A global currency revaluation is one of the main components of an overall macro economic reset. The consensus is that the world’s currencies will become partially asset backed and will be revalued to reflect each countries capacity to produce and bring those assets to market.
In essence, it will be a bastardized version of fiat currencies and commodity currencies. It will be a Frankenstein monstrosity which will lumber around the country side dreaming of becoming real money, like gold or silver. And like the sad and ill-fated beast, it will eventually die the tortured death of things that wanted to be but never could.
That death will most likely occur 10 to 15 years after the currency revaluation, so we need not worry too much about it right now.
A currency revaluation will also mean a downward revalue of the U.S. dollar, which has been the world’s primary reserve currency since 1944. This will leave a geo-political and military hole in the world. In fact, we are already seeing this vacuum being filled in by Russia, China, and the rest of the emerging economies. Remember how suddenly the U.S. backed down on their Syria threats, and started making peace with Iran shortly after. And there are rumors of secret negotiations with Cuba, Hezbollah, and even North Korea.
This rumored reset would have to be one of the most complicated and intricate systems ever attempted. In fact, if one knows where to look, you can see this new system being created just underneath the surface of the old. And like new flesh crawling upwards to cover the bones of the old, the economic reset will happen. The monster will be given a new body and new life, if only temporarily.
Perhaps the I.M.F. just gave us a hint of what is too come. Commodities may be a great place to transfer some wealth. Especially into the very affordable Silver.
aggiedad77 » January 19th, 2014, 11:00 pm •
Good evening Family.......it has been a very long day.....I have just browsed over the pages from the last thread and know there are many positive articles from earlier today....the one that catches my eye was from JJones about the Qi cards....that will be interesting to follow to see if there are other reports of it in the news....or if Delta can provide us an update on them. I also saw NOVA's post from this afternoon and thought that was VERY positive as well....it almost took the place of all the news IMO.
Now for tonight's summaries:
Iran invited to Syria for a peace conference.....are you kidding me.....someone has to be playing games.....or....someone let the dogs out.
Western Union to the CBI....Western Union to the CBI....urgent...repeat...urgent.....We have no money....Dad....please reply soonest.
Baghdad and the Kurds....boy are we all over the map on this one, just from seeing the headlines today.....and from what WS brought forward tonight....we said...they said....but Maliki is claimed to have not been present....even S was said to not be there, but some articles claim he was.....I'll sleep on it and see what happens overnight.
Jordan has agreed to let the US train Iraqi troops on their soil...hopefully this will help.
Sorry that I don't have any summaries for earlier in the day.....had a great day with my Beautiful Bride though. Randy
[xyz] Maliki and Barzani : "We received guarantees from the Kurdish delegation not to export oil from the region outside the legal and constitutional framework." For his Part, the Kurdish side, told al-Maliki that they would respond to the proposals of the central government on the export of oil and Budget during the few coming day. http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GMEGHK
Lilfish: I want to propose a theory: theory: That there is another sting in progress, and it is likely aimed at wealthy double and triple dippers in the banking families. This is not about us, it's about cleaning up a corrupt and arrogant upper class that has become fat and flabby. They are ripe for sharp operators who can easily set them up for prosecution. more ^
Lilfish: Of course, i could be wrong, i've never been accused of being brilliant. But it really seems to me that the disinfo Tony has been fed helps to obscure the real purpose of the tiers and the contract rates. This could be wishful thinking, because this is what I would like to see happening. More
Lilfish: But it is as possible as the PTB toying with we dinarians, who may be volitile and mentally deficient, but are not likely to be able to outsmart those who are setting up this monumental and unique global currency reset. Just my 2c.
JewelZ: I had a brief "Dr. Suess type moment" and just wanted to share:
We are the people we stand tall and proud
When we pull together our voices are loud,
We care for each other when things look bleak
Giving blankets and food for the hungry and weak
We have compassion, faith, patience and trust
We believe in the cause and will die if we must
All that we ask is for what is right and fair
And for those in authority to show us they care
It is time to take back what was once a great place
From the greedy and evil who won’t look at our face
Do our tears mean nothing, our wounds unseen?
Are you thinking “Good lord, they are stupid and unclean”
How do you sleep every night with what you have done?
Taking food from our children, our homes, and our sons,
This land was once for the free and the brave
And now it seems we have all become slaves
Our children are homeless, our parents are ill
And those that could help just take what they will
Our water’s polluted, our food has no taste
The ocean is dying from your toxic waste
The almighty dollar has stolen your soul
Taken all of your conscience and left a big gaping hole
Never looking directly at the face of despair
For fear of a moment when you might actually care
You think we are blind and will take what you give
Out of desperation and fear that you won’t let us live
But there is one more thing before I forget
I will say it once more in case you haven’t heard me yet
We are the people we stand tall and proud
When we pull together our voices are loud…
“An error only becomes a mistake if it is not corrected” John F Kennedy