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Global currency reset March 2014!! (Global Currency reset by the IMF)

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March 2, 2014 in Economics

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Global currency reset March 2014!! (Global Currency reset by the IMF)

Global currency reset by the IMF in  March 2014 according to Paul Volcker It’s a hint for a Global currency reset!
The New Currency will be backed by gold and silver.  :-  WATCH VIDEO
John Todd Exposes Plans of the Illuminati for Global Bankrupcy:- WATCH VIDEO

MEANS: U.S. economy on schedule to crash March 4,2014

America’s fall will take global economies with  it- article from Thursday, October 25, 2012

Specialist Vincent Surace works on the floor of the New York Stock Exchange Friday, Jan. 24, 2014.  (AP Photo/Jason DeCrow)

 

Those wild and crazy Mayans put down their marker that the end of the world  would occur on Dec. 21, 2012 — about two months from now. There is, of course,  some small chance that they might be right. On the other hand, there is a very  large probability that the real end of the world will occur around March 4,  2014.

The doomsday clock will ring then because the U.S. economy may fully crash  around that date, which will, in turn, bring down all world economies and all  hope of any recovery for the foreseeable future — certainly over the course of  most of our lifetimes.

Interest rates will skyrocket, businesses  will fail, unemployment will go to record levels, material and food shortages  will be rampant, and there could be major social unrest.

Any wishful thinking that America is in a “recovery” and that “things are  getting better” is an illusion.

The problem is not Medicare, which won’t quit  on us for another six or seven years. Nor is it Social Security, which will not  be fully bankrupt for another 15 years or so. The crisis is much more immediate  and much more serious.

The central problem is that America is the bank  of the world. What this means, simply, is that the dollar is the world’s  currency (often termed the “reserve currency”).

Throughout the world, nearly all traded goods, oil, major commodities, real  estate, etc., are denominated in dollars.

The world needs dollars, and the U.S. provides them and provides confidence  that the dollar is the “safest” currency in the world. Countries get dollars by  trading with us on attractive terms, which enables Americans to live very  well.

Countries support this system  and cover their risk by investing in dollars through T-bill auctions and other  mechanisms, which enables us to run budget deficits — up to a point.

The central issue is confidence in America, and the world is losing  confidence quickly.

At a certain point, soon, the United States will reach a level of deficit spending  and debt at which the countries of the world will lose faith in America and  begin to withdraw their investments.

Many leading economists and bankers  think another trillion dollars or so may do it. A run on the bank will start  suddenly, build quickly and snowball.

At that point, we will need to finance  our own deficit, and we will not be able to do so. We will raise bond rates to  re-attract foreign investment, interest rates will go up, and businesses will  fail. Unemployment will skyrocket.

The rest of the world will fully crash along with us. Europe will continue to  decline, and the euro will not replace the dollar. Russia will see a collapse in  oil prices as market  demand softens, and Russia will collapse along with it.

China will find nowhere to export and also will collapse. The Russian and  Chinese governments, which see all this coming and have been stockpiling gold to  hedge against such a dollar collapse, will find that you cannot eat gold.

There will be uprisings — think of the streets in Spain and Greece today — everywhere. Technological advances that traditionally drive productivity  increases and economic growth will not be able to keep up with this  collapse.

When might this all happen? Paul Volker indicates we might face a mess like  this in the next year and a half.

David Walker, former U.S. comptroller, i.e., the former chief accountant of  the U.S. government, has suggested similar time frames for economic  catastrophe.

Most agree that the budget sequestration approach won’t work from either  economic or political perspectives, and mindless across-the-board cuts in  spending will only exacerbate a mess.

The Federal Reserve’s third round of quantitative easing, in which we print  money to buy our own bonds in order to goose economic and employment numbers,  means we are floating our own debt, a good formula for sudden  hyperinflation.

The next president will have about six months to fix this problem before it  is too late. He must be fully prepared, able and willing to work with Congress  and move quickly and decisively.

During the election, the most important question to ask is, who understands  all this and is prepared to prevent it? Everything else is noise.

Grady Means is a businessman, former assistant to Vice President Nelson  Rockefeller and former economist at the U.S. Department of Health, Education and  Welfare.

Read more:http://www.washingtontimes.com


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7 responses to Global currency reset March 2014!! (Global Currency reset by the IMF)

  1. If the person with the answer is associated with the Rockefellers then we’re in big trouble….

  2. Here is the link to the free pdf of a new book about the global reset!
    http://globalcurrencyreset.net/the-big-reset-download-free/

  3. OK guys, that’s all I can post for now, I don’t people to think I’m trying to overdo it. Please follow this link and click on all the links I posted, trust me, you will want to check out the links I posted. There is even a NEW BOOK about the Global Reset, no, I wasn’t the one who wrote it, but I own it, and I will provide you with the information on how to download one of the chapters for free.

    Thanks everyone, God Bless You All!

  4. continued We will not back our U.S. Dollar with gold, but trust us, we’re good for the money, oh yeah, you can’t get our gold.

    In 1971, gold was $35 per ounce, after this speech by President Nixon the price floated, it got up over $800 in 1980, fell down to around $200 in the 1990′s, and again rose up to $1900 in 2011.

    “an additional tax of 10 percent”

    Ask anyone who was a teenager in 1971 how quickly prices went up from 1971 to 1980.As the U.S. began trading more and more internationally those 10% taxes took their toll.

    That’s it for my analysis of President Nixon’s speech, now for some history. We will start with talking about the Global Currency Reset following our discussion gold standards. Before World War I, nearly all of the major currencies (dollar, pound, Swiss franc) were backed by gold. This was the so called “gold standard”. The amount of money in circulation was directly diet to the gold supply. With a Global Currency Reset, this will all happen again, gold backed money. Remember, gold holds it’s value, it’s been said that an old Roman gold coin of eight grams purchased a few hundred liters of crappy wine, well, in 2014 eight grams of gold is worth $341.08 as of February 2014.Nothing changed, your gold purchased the same stuff.You can bury gold for thousands of years and it’s worth the same, but you bury a dollar and thousands of years later it’s not going to buy you anything, unless some collector wants it. So what happened in August of 1971, a Global Currency Reset.

    What follows below is the information I have found over the past few months:

    Iraq and the Dinar

    At the outset of the Iraqi invasion, the World Bank and United Nations devalued the dinar upon the petition of the US Attorney General. The Iraqi Dinar at that time was worth $3.22 USD. Today (November 25 2013) 1,000 dinars = 86 US cents or .86 USD. It’s been said this Global Currency Reset will bring the

  5. Part 3 (see earlier posts below)

    “fair competition around the world”

    Fair?What’s fair about the fact that our biggest export is DEBT.I think that says enough, we owe so much to other countries and yet we can’t fund social security, the post office, or other programs like medicare.

    In full cooperation with the International Monetary Fund

    These are the people in charge.The I.M.F. as it’s abbreviated, just happened to be created around 1944-1945, it’s main purpose is to, according to their own website “foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”Are they doing a good job? The IMF is behind this coming Global Currency Reset.

    “new international monetary system”

    It’s a global or international monetary system, so every nation is involved, they have to be, how else can a country trade unless their currency is convertible? The point of a Global Currency Reset is to allow countries to trade among each other, but the U.S. Dollar was gold backed, after this speech, it was fiat, meaning it was only worth the paper it was printed on, nothing backed it, just government fiat, or decree.The difference between the financial changes in 1971 and what happened in 1944-1945 is that in 1944 we essentially said, “We will back our U.S. Dollar with gold, if you have dollars, we will give you gold, in 1971 we said, “We will not back our U.S. Dollar with gold, but trust us, we’re good for the money, oh yeah, you can’t get our gold.

    continued

  6. In the past seven years, there has been an average of one international monetary crisis every year. Now who gains from these crises? Not the working man; not the investor; not the real producers of wealth. The gainers are the international money speculators. Because they thrive on crises, they help to create them.

    In recent weeks, the speculators have been waging an all-out war on the American dollar. The strength of a nation’s currency is based on the strength of that nation’s economy – and the American economy is by far the strongest in the world. Accordingly, I have directed the Secretary of the Treasury to take the action necessary to defend the dollar against the speculators.

    I have directed Secretary Connally to suspend temporarily the convertibility of the American dollar except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.

    Now, what is this action – which is very technical – what does it mean for you?

    Let me lay to rest the bugaboo of what is called devaluation.

    If you want to buy a foreign car or take a trip abroad, market conditions may cause your dollar to buy slightly less. But if you are among the overwhelming majority of Americans who buy American-made products in America, your dollar will be worth just as much tomorrow as it is today.

    The effect of this action, in other words, will be to stabilize the dollar.

    Now, this action will not win us any friends among the international money traders. But our primary concern is with the American workers, and with fair competition around the world.<

  7. OK everyone. I know people are all trying to figure out exactly what this global currency reset is all about. Basically all of the currencies of the world are going to be revalued based on the ASSETS of the country itself. When I say assets I mean gold, silver, oil. diamonds, water, so what does the US have? Exactly, DEBT, lots of it. We really need to focus on a plan, and by we, I mean you and I, the American people.

    Gone are the days when we can just sit around and expect things are going to get better. I dare you, find anyone over 50 and ask them what it was like living in the 70′s during the oil crisis and high inflation. Some old people I meet were alive during the great depression, and they feel that this time, things are much much worse. For one, we don’t have that many people farming like we did during the great depression, back then, people were self sustaining.

    I’m essentially getting at that fact that most of us Americans are not good at survival, we can’t really survive without the internet or TV or our phones, imagine what we will do when we get hit by an EMP and we have nothing. I strongly recommend you guys check this page often for updated links, PLEASE BOOKMARK THIS PAGE, and add it to your computers homepages (globalcurrencyreset.net) also because I don’t always duplicate content, I try to keep stuff fresh. Thanks everyone, here is an article I typed for the website, it’s big so I will break it up for PlanetInfowars.

    Article by Nick G for http://globalcurrencyreset.net

    What Is The Global Currency Reset?
    Feb 24, 2014
    by globalcurrencyreset in global currency reset

    What Is The Global Currency Reset?

    OK, so what is the Global Currency Reset all about?

    Before we get started, here is a quote from Winston Churchill:
    “The farther back you can look, the farther forward you are likely to see.”

    Learn About the Global Currency Reset

    Historical background on the Global Currency Reset

    Looking back, the last Global Currency Reset happened between 1944 and 1945, towards the end of World War II.The powers that be decided that a new global world reserve currency was needed, so it became the US Dollar. Previously, the pound sterling (British Pound) was used starting about 1860 or so (the time of the United States Civil War) until around 1914 when the Federal Reserve, a private company, was born.Obviously Britain was devastated by World War II and they were no longer a superpower, so the dollar became the world reserve currency officially after World War II.

    On August 15, 1971, President Richard Nixon made the following statement during a televised pre written speech:

    continued below

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