Throughout 2017 Chinese holdings of US Treasury bonds did decrease and had an uptick again near the end of the year. Alignment and timing aside, the process of reducing USD foreign exchange reserves while increasing the interest rate and incrementally depreciating the dollar agains the renminbi, yen, euro, and pound, will only continue to bring jobs back to America. Tariffs that may be measured against China by Trump will only provide the monetary authorities in Beijing with the pretext to reduce US bonds even further. It all plays out as planned.
The Slow Extinction of National Money and Fractional Banking
The old elites are facing a two-front war.
It’s strange that I still hate getting electronic bills on email. There’s something comforting about pilling up a stack of paper bills stuffed in envelopes. Once paid they make there way to another pile of paperwork which accumulates in a drawer, or file folder somewhere, never to be looked at again. There’s something about these paper bills that just make me feel like a part of the real world.
Replacing USD Denominated SWIFT with the XRP World Digital Asset
Numbers and letters. Letters and numbers. The combinations can be both exciting and intimidating. As an example, the H3N2 influenza virus is making the rounds throughout the West, and I may, or may not, have it. Definitely feels like it. Outside of letter and number combinations, that has absolutely nothing to do with this article.
Researching the blockchain technology and the deep field of cryptocurrencies which are now available across numerous exchanges has been a fascinating endeavour. It doesn’t take long to understand that Bitcoin is now so outdated that it must only be running on momentum. But Bitcoin is serving the purpose of drawing large numbers of people into the world of blockchain and the wonders of tomorrow.
But Don’t Expect a Death of the Dollar Scenario to Unfold
Surprise, 2018 is continuing the same trend of engineered de-dollarization which picked up speed last year. Setting the tone right out of the gate, President Trump tweeted the following about Pakistan:
“The United States has foolishly given Pakistan more than 33 billion dollars in aid over the last 15 years, and they have given us nothing but lies & deceit, thinking of our leaders as fools. They give safe haven to the terrorists we hunt in Afghanistan, with little help. No more! “
This follows an annual State Department report from a few days ago where it was stated that $255 million of military aid would be withheld from Pakistan because of its poor performance on fighting terrorism, as well as its inability to reduce threats to American forces in Afghanistan.
Islam was created from the rib of Catholicism.
Who would have thought that researching and writing about the international monetary system four years ago would have led me down such an unpopular road? There were some key moments and events which can be marked as turning points. One was the realization that the creation of the central banking system was a strategy of the Jesuits to recapture land and wealth which the Catholic Church lost, first during the Great Schism in 1054, and subsequently after the open spark of the Protestant Reformation in 1517.
Outside of a few scattered comments, I've intentionally avoided the Blockchain and Bitcoin craze. Last year I mentioned in passing that the new technology, and cryptocurrencies in general, would eventually be consolidated within the existing currency and bond structures, with it playing a role in the SDR evolution.
History has shown that the Jesuits will use nations and empires to alter the course of history through war and genocide. Through the Inquisition, both the Catholic Church and the Jesuits murdered all signs of Protestantism and liberalism. Liberalism, being the personification of human weakness, the “do what thou wilt, shall be the whole of the law” cultural engineering, was determined as difficult to extinguish as Protestantism, as all humans are afflicted with the weakness of spiritual fragmentation. It was a brilliant change in strategy to embrace and promote liberalism to use as a tool to infiltrate and corrupt Protestantism from within. All the while the Catholic Church and Jesuits got to remain in the shadows and spread propaganda about the Anglo-American Establishment, which they in fact controlled, while allowing Western civilization to corrupt.
The Reformation was a major financial and economic blow to the Catholic Church, as the territory it controlled was divided in half, and much of the gold and silver stored in the Bank of Rome was taken by the Protestant forces. Much of this silver and gold was likely confiscated from the Knights Templar centuries before by the Church. Considering the connection between the Templars and future Reformers, we may be justified in concluding that the Protestants took revenge on the Church for the murder of the Templars and the stealing of their wealth.
Shifting alliances and objectives means each nation and interest has to take a cautious and calculated approach to all dealings. We have long covered the fact that Trump was selling the new monetary and geopolitical arrangement to the American people through a form of modern nationalism. Most Americans, and people around the world, have no idea of the importance of reserve currencies, nor the impact they have on monetary and geopolitical matters. So packaging the transformation as something else becomes vital to the overall success of the strategy.
Current leader of North Korea Kim Jong-un moved to Switzerland in 1991 at the age of seven. He went to an English speaking private school called the International School of Bern. Registering under the name Pak-un, Kim Jong-un became friends with the children of American diplomats and his obsession with American culture began. Everything from video games, basketball, and even Jackie Chan and Jean Claude Van Damme, were of immense interest to young Kim.