The solution to the global economic crisis is trade based on every country’s currency at parity (equal value) with every other country.
Latest news, World news Wednesday, July 20th, 2011There is no need for a new global currency or the Euro or the Amero. We already have a global currency (the Federal Reserve Note) and the current global economic crisis has proven it doesn’t work. Why doesn’t it work? Because the Federal Reserve Note is worthless. It has absolutely no value attached to it. The worthless counterfeit Federal Reserve Note is solely responsible for the U.S. economic crisis. Look at what the EU did to the European countries. One EU member country after another is drowning in debt. All are in the midst of a grave financial crisis. A European crisis that was created by the EU. The EU and its common currency, the Euro, is solely responsible for the European crisis. The EU dictates the trade and financial policies of every country that is a member of the EU – all in direct violation of each country’s territorial, political and economic sovereignty.
For decades the nations of the World has pegged their currency’s value against the privately owned counterfeit of the the United States Dollar. That counterfeit worthless piece of paper called the Federal Reserve Note is the root cause of the current US and World economic crisis. For decades the nations of the World allowed a small handful of private bankers to dictate the value of their currency and look where it has got them today. For decades the World has already been trading under a global currency – using the worthless counterfeits called the Federal Reserve Notes.
The simplest solution to the current economic crisis and to prevent another in the future is to stop using one nation’s currency for international trade. The solution is trade based on every country’s currency at parity (equal value) with every other country. That is to say that 1 US dollar would have the exact same value as 1 Canadian dollar or 1 Euro or 1 Yen or 1 Pound or … This eliminates one nation having superiority over other nations and eliminates any crisis that would arise should one country collapse as a result of debt, like the US. If every currency is at parity with each other confidence would remain uniform and strong.
Why should one country or an organization like the UN, the EU, the International Monetary Fund or the World Bank have control over the money of any other sovereign state? None have any authority over any country or each country’s people. Organizations like the UN, the WHO, the IMF, NATO and the EU should be banned. They are controlled by individuals who think that they can simply ignore the borders of each country, the sovereignty of each country and the economic prosperity of each country. They are all anti-Democratic. They are all anti-sovereignty.
During the Civil War (from 1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.
Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point hi wrote:
“… (we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts…”
The Treasury notes were printed with green ink on the back, so the people called them “Greenbacks”.
Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a bebt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service empoyees, and bought supplies for war.
Shortly after that happened, “The London Times” printed the following:
“if that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in th history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.”
The Bankers obviously understood. The only thing that is a threat to their power is sovereign governments printing interest-free and debt-free paper money. They know it would break the power of the international Bankers.
After this was published in “The London Times”, the British Government, which was controlled by the London and other European Bankers, moved to support the Confederate South, hoping to defeat Lincoln and the Union, and destroy this government which they said had to be destroyed. But the North won the War, and the Union was preserved. America remained as one nation.
Of course, the Bankers were not going to give in that easy, for they were determined to put an end to Lincoln’s interest-free, debt-free Greenbacks. He was assassinated by an agent of the Bankers shortly after the War ended.
Thereafter, the Bankers controlled Congress revoked the Greenback Law and enacted, in its place, the National Banking Act. The national banks were to be privately owned (to this day they are still privately owned by the bankers of the Federal Reserve) and the national bank notes they issued were to be interest-bearing (to this day the privately owned Federal Reserve charges the United States people interest to print the worthless, illegal counterfeits called the Federal Reserve Notes). The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.
Former elected president of the United States, John F Kennedy, tried to warn the American people about this secretive organization that ruled the United States. He even tried to give the United States back to the people by abolishing the illegal Federal Reserve Act and taking the worthless counterfeit called the Federal Reserve Note out of circulation. Kennedy was assassinated for the same reason Lincoln was assassinated – for trying to get rid of the illegal Federal Reserve Banks and their illegal control of the United States money and bring back the legal interest free currency of the United States called the United States Dollar.
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