Bilderbergers Want Global Currency Now
October 2, 2009, 1:35 pm
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Yukio HatoyamaBilderbergers Want Global Currency Now
James P. Tucker, Jr.
American Free Press
October 1, 2009
Bilderberg has had front-men call anew for creating a global currency and establishing major European Union-style regions for the administrative convenience of a planned world government. Both steps were taken in September, one by the new Bilderberg-crowned prime minister of Japan and one separately by the UN.
The Geneva-based UN Conference on Trade and Development (UNCTAD) called for a global currency in a report made public on September 7. UN countries should agree on a global reserve bank to issue the currency and to monitor the national exchange rates of its members, UNCTAD said. The dollar’s role in international trade should be reduced to protect emerging markets from the “confidence game” of financial speculation, it said.
Heiner Flassbeck, a former German deputy finance minister, is co-author of the report calling for a global currency. He worked with then U.S. Deputy Treasury Secretary Lawrence Summers in 1997-98 to contain the Asian financial crisis. Summers is a longtime Bilderberg luminary and has been photographed by AFP at annual secret Bilderberg confabs.
Eliminating national currencies has long been a goal of Bilderberg as a crucial step in its plan to establish a world government. A nation’s currency is a symbol of sovereignty, so Bilderberg wants to divide the world into three giant regions, each with its regional currency, for the administrative convenience of its world government bureaucrats.
Bilderberg used its immense power to get Yukio Hatoyama’s Democratic Party of Japan elected over the Liberal Democratic Party, which had led the nation for 64 years. Hatoyama obediently called for an Asian economic bloc, similar to the EU, complete with a regional currency.
Bilderberg’s goal is an “Asian-Pacific Union” and an “American Union,” both modeled after the EU. The EU has its common currency, the euro, and a European Parliament that can impose laws on the once sovereign nations of Europe and a European Court superior to the highest courts of member states. The EU is effectively a single super-state.
The “American Union” is to evolve from the North American Free Trade Agreement, or NAFTA, as it extends throughout the Western Hemisphere. The common currency is to be the “amero.” Fortunately, Bilderberg’s efforts in the Western Hemisphere have been stalled but the campaign continues using “free trade” propaganda.
Ultimately, the UN is to function as a world government with the General Assembly serving as a world parliament. Bilderberg, a secret organization of international financiers and political leaders, will serve as a world shadow government that dictates to the UN.
UN Calls For Bank Of The World, New Global Currency
September 9, 2009, 11:01 am
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yuan UN Calls For Bank Of The World, New Global Currency
Steve Watson
Infowars.net
September 7, 2009
The United Nations has called for the establishment of a new global reserve currency to be overseen by a bank of the world in an effort to reduce the role of the Dollar in international trade.
Details of the proposal were outlined in a report from the UN Conference on Trade and Development (UNCTAD). The report also calls for the new global reserve bank to monitor and manage the national exchange rates of member states.
“There’s a much better chance of achieving a stable pattern of exchange rates in a multilaterally-agreed framework for exchange-rate management,” Heiner Flassbeck, co-author of the report and a UNCTAD director, told Bloomberg News.
“An initiative equivalent to Bretton Woods or the European Monetary System is needed.” said Flassbeck.
He also added that while the UN also backed strengthening Special Drawing Rights (SDRs), a synthetic paper currency issued by the International Monetary Fund that was dormant for half a century until earlier this year, that would not be enough to “protect emerging markets”.
This latest call for a new reserve currency from the UN echoes previous efforts by the global body to initiate talks on replacing the Dollar.
Meanwhile, an influential Chinese policy maker has slammed the US Federal Reserve’s policy of printing money to buy Treasury debt, declaring that it threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy.
Earlier in the year, China expressed support for a Russian proposal for the creation of a new supra-national global currency as an alternative to the Dollar as the world reserve currency.
Other heavyweight elites such as French President Nicolas Sarkozy, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, UK Business Secretary and top Bilderberg member Peter Mandelson and EU heads such as Joaquin Almunia, to name but a few, have called for a new economic world order consisting of vastly increased overarching centralization.
The creation of a de facto world currency to supplant the Dollar would likely lead to a complete collapse of the greenback, of which trillions are held in in foreign exchange reserves by many foreign countries.
As we have repeatedly warned, the introduction of a new global currency system is a key cornerstone in the move towards global government, centralized control and more power being concentrated into fewer hands.
Furthermore, a global central bank will establish a de facto financial dictatorship which will wield power over the economies of every country on the planet with no accountability whatsoever.
noworldsystem.com 