The Russians and the Chinese have been attacking the dollar with the help of nations from Asia and Latin America to Africa and the Mideast. I would describe their efforts as Chinese Water Torture with one blow falling after another steadily undermining the benefits of the US being allowed to print dollars and buy electronics, oil, food, clothes and cars with I Owe You Nothing Federal Reserve Notes.
The Chinese at the Beijing Conference in 2010 promised $100 billion in investments in Africa. The US countered this strategy by killing Libyans and stealing their 144 million ounces of gold and $98 billion in bank deposits. Which strategy do you think is more popular with Africans? America raised on a busted flush and helped France invade Mali to steal their gold.
Russia and China have been making deals with other foreign nations. England and Germany have already set up direct relations with the Chinese so they could exchange British pounds and German euros for yuan without going through the US dollar. Russia is helping Iran by buying their oil and evading dollar transaction fees. They are gradually replacing the dollar as the international reserve currency. In 1945 if someone in France wanted to buy food from Brazil, they had to use dollars. The Petrodollar was an arrangement which required nations from Europe to China to Latin America to buy oil from Saudi Arabia with US dollars. No more. People all over the world are refusing to pay in dollars.
America took over the British Empire by entering World War I to make the war last long enough to bankrupt England and followed up by entering WW II after the German military tried to surrender in March of 1939 and the Japanese Emperor did the same as early as 1936.
Wassily Leontief won a Nobel Prize for his input output analysis of the U.S. economy back in the 1930s. He discovered that America had 31 basic industries. Americans extracted natural resources and with their skilled labor made products of value. Wages were so much higher than Europe that America had to invent labor saving machinery. After WW II studies using Leontief”s economic model concluded that America could support a population of 150 million. After that they would have to lower wages every time they added another million people. The Federal Reserve printed dollars instead of finding new industries or stopping the post war flood of immigrants. The Federal Reserve also printed dollars to pay for the occupation of nations all over the world for the benefit of the New World Order corporations. These are the 147 corporations that control 20% of world trade and the major international banks. They support trade treaties that put companies with political connections above our national laws regulating labor, the environment, safety, health and consumer affairs.
Some Americans as far back as the 1960s realized that this post war Empire was incompatible with the freedoms they had during the Republic. Empires do not have citizens. They have slaves.
Some blame President Nixon for taking America off the gold standard. America was overpopulated and had too many foreign wars and occupations to do anything but print dollars to make up for the trade and budget deficits. President Nixon founded the Environmental Protection Agency on December 2, 1970 in order to use it to steal land from us to use as collateral for Chinese trade surpluses and America budget deficits even before his famous trip to China in 1972. Nixon was never a political conservative. He was a crafty and intelligent member of the Council on Foreign Relations. Trade with China grew gradually until the 1990s. After Reagan Wall Street decided to go full out to destroy America as an independent nation. 12 million jobs and 56,000 American manufacturing plants were sent overseas. Jobs were created in the Bubble economies of subprime mortgages and the dot com frauds. When these Bubbles burst, college graduates woke up to find there were no jobs for them.
The Bilderberg Society is an annual meeting of billionaires that discusses an agenda arranged in advance until agreement is reached so that the ruling elite can get their Minions to work cooperatively towards the goals of the ruling families. David Rothkopf wrote of the 30 ruling families and their 6,000 Minions in his book Superclass. One of the founders of the Bilderberg Society was Sir Evelyn de Rothschild. He remained silent at the meetings. He had prepared the agenda. He listened as the invited participants discussed what he wanted them to agree to. I once wrote that there are six levels of the America government. On the A level are the Decision Makers like the Rothschilds and the Rockefellers.
Level B is the Secret Government or the Minions who carry out the decisions from above. These are the people who manufactured the Gulf of Tonkin event which was used by President Johnson and Secretary of Defense McNamara to justify taking America into the Vietnam war. American Presidents and British Prime Ministers are on the C Level with the other hired help. You and I are on the F Level. F stands for those who are to be Flogged to be encouraged to work harder to support the Five Levels Above them. The Decision Making A Level wanted the Vietnam war so they could make money selling drugs to Americans as their ancestors had done to the Chinese people during and after the Opium Wars. What most Americans did not realize in the 1960s was that they were being treated like colonial natives just as His Majesty’s Jewish Government had done to the Chinese in the 19th century.
The Bilderberg Society will be meeting in Copenhagen, Denmark from Wednesday May 29 to Sunday June 1, 2014. I have followed them for several years and have published annotated members lists of previous meetings. I will do so again as soon as I get a 2014 list. The Bilderbergers are Bankers. They understand that the dollar cannot remain as the world’s international reserve currency. They have been, as I showed previously, been behind the rise of China. Their ancestors helped Mao take over China. The Japanese Emperor had offered to pull out of China in the 1930s in order to negotiate peace with President Roosevelt. The Ruling Elite wanted World War II. They wanted to expand Communism into eastern Europe, China and French Indo-China. And they wanted Israel to have enough war refugees to populate their Zionist enclave.
Jim Rickards is a member of the Council on Foreign Relations and has advised the Pentagon since 2001. He participated in War Games designed to simulate America on the Day After the Dollar Dies. He has said the dollar will face a series of devaluations ranging from 20 to 30% each until it is devalued a total of 80%. This will make imported things more expensive. As Rickards explained, this will make imported cars, clothes, electronics and food 500% more expensive. What he did not say was that people overseas could buy the food off our store shelves until the people in America rebelled and said No. This is why I have been predicting Nationwide Food Riots. I also said Hyperinflation would begin only after the dollar was devalued.
I have concluded that the dollar will be devalued by at least 20% after the Bilderberg Conference in Copenhagen. You might want to follow press stories in the first week or two in June. I should point out that this Copenhagen meeting will be taking place after the Russian-Chinese Summit which will be making a series of financial and trade announcements. This will follow the Shanghai CICA conference of 40 Asian nations earlier in the month of May. The Chinese want to make this a more spectacular event than in the past as they will chair this meeting.
The Chinese have not announced their gold holdings since April of 2009. They might make an announcement in April or May prior to the Bilderberg meeting. They could astound the world with the amount of gold they do own. It is rumored to be between 5,000 to 10,000 metric tons. The Bankers of Wall Street and the City of London have cooperated with the Chinese to manipulate the price of gold and silver to make the dollar, the pound and the euro look good by allowing China to buy our gold at bargain basement prices.
Jerome Corsi who is Jewish has been writing of Chinese acquisition of American property and companies. Dr Jim Willie has been writing about it as well. I wrote earlier of Willie’s claim that the Chinese plan is to buy up property and get free trade zones all over America. They are preparing for the Day After the Dollar Dies. They want to hire what will soon be cheap American skilled and professional labor. This could make the Chinese America’s largest private employer. They could use their Treasury bonds and cash to buy more American homes and real estate to make them America’s largest land lord. And they could buy up bank stock which will allow them to vote to take over the Federal Reserve which is owned by member banks.
The Bankers have prepared for collapse by moving the assets they want to keep out of their corporate shell so they will not lose them when they go bankrupt.
When they do bankrupt their banks, the Bankers might need to steal your deposits. The banks seized the assets of depositors in Cyprus. Courts have ruled against depositors in Europe and America. What people need to realize is the relation of fractional reserve banking to Bail ins or the seizure of deposits. If an elderly woman deposits $,1000 in her account, the banker can loan out $10,000. So ask yourself what happens after the bank seizes her deposits. They will have her savings but they will also have a $10,000 loan that could fail. A Bail In theft of deposits would be guaranteed to fail a lot of business loans because nobody would have any money to spend at local stores or to hire either contractors or professionals.
The Bilderbergers are Bankers. They have protected their personal assets from bankruptcy. They have moved their most profitable and valuable assets into non-banking corporations and moved their exposure to Credit Default Swaps into government insured sectors. They know when the dollar is to be devalued so they can make money on both its rise and decline. They created the Federal Reserve system in 1913. It gave the banks the right to charge us interest on money they created out of nothing which transfers all wealth from us to them.
The Bilderbergers are Bankers. They know that compound interest on debts created from nothing will accumulate exponentially until there is a Mountain of Unpayable Debt. They know this will slow the economy down. A Depression is a period of time when Unpayable Debts are cancelled. Bankers will allow you to choose between deflation and inflation to cancel the trillions of dollars they fraudulently created and have convinced the politicians they own to make you pay. Americans are familiar with 1930s style foreclosure on farms and home mortgages and the calling in of business loans. This contracted the Money Supply and starved at least 3 million Americans to death. Germans are familiar with the Hyperinflation of their currency in 1923. I have told the story of the German farmer who paid off his farm loan by selling two eggs.
There is a third way to cancel debts. The Babylonians had a mathematical formula that told them when it was time to cancel debts to restore the economy. We could have worldwide Debt Cancellation as an alternative to economic collapse, mass starvation and wars.
But that is a forbidden topic at Bilderberg meetings. They will be coordinating their response to the decline of the dollar and the increasing supply of debt based money. I am thinking the Bilderbergers will decide to announce a series of Dollar Devaluations at the Copenhagen meeting.
The Bilderbergers have decided to Hyperinflate the dollar into zero value. This will confiscate all of our pension and savings while simultaneously cutting our wages. This is designed to drive us into Debt Slavery. I will conclude today’s essay by citing something I have said before.
The Fundamental Fact of Your Existence as a modern man or woman is that the bankers of New York and London want to reduce you to Debt Slavery.
Accept that fact and move on to the solution.
That is their plan for you.
What is your plan for them?
Updated 2013 Bilderberg Annotated Members List
2014: Bank Runs, Depressions, Austerity and Food Riots
To Stop WW III Just Tell The Truth About Epicyte And GMO Corn.
The Essential Catherine Austin Fitts Reader