A New World Currency by 2018

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Taco
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A New World Currency by 2018

Post by Taco »

The January, 1988 cover of "The Economist" magazine depicts the rise of the phoenix from the ashes of all national fiat currencies due to hyperinflation. The Phoenix also has a gold medallion around its neck with 2018 on it. The magazine cover seems outlandish for 1988 but as current commodity prices continue to plummet it doesn't seem so far fetched.

Flashback 1988: “Get Ready For A World Currency by 2018″ – The Economist Magazine!
https://socioecohistory.wordpress.com/2 ... -magazine/

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Re: A New World Currency by 2018

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Taco wrote:The January, 1988 cover of "The Economist" magazine depicts the rise of the phoenix from the ashes of all national fiat currencies due to hyperinflation. The Phoenix also has a gold medallion around its neck with 2018 on it. The magazine cover seems outlandish for 1988 but as current commodity prices continue to plummet it doesn't seem so far fetched.

Flashback 1988: “Get Ready For A World Currency by 2018″ – The Economist Magazine!
https://socioecohistory.wordpress.com/2 ... -magazine/

Image

I'm a fan of cheap commodities myself. I love how everyone who's on the whole "end is nigh" kick sees expensive oil as a sign that the end is near, cheap oil as a sign the end is near, high oil reserves, low oil reserves, whatever- it's all a sign of the end times!
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Re: A New World Currency by 2018

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Oh House MD just go into the janitorial closet on the job and pop another blue pill will yaa. Look at how high interest rates are ?, why is that ? because the whole system is saturated with so much debt we need a reset and they want WW3 to be the jubilee.
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Re: A New World Currency by 2018

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Interest rates are also at all time lows- another good thing if you are making certain types of investments. This is a perfect climate for someone with excess cash and good investment sense. Though the markets are probably going to correct soon- I'm pulling all of my money out in a few days to wait the correction out, as the markets seem poised for a couple bear years.
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Re: A New World Currency by 2018

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Moretorque wrote:Oh House MD just go into the janitorial closet on the job and pop another blue pill will yaa. Look at how high interest rates are ?, why is that ? because the whole system is saturated with so much debt we need a reset and they want WW3 to be the jubilee.
The fact that there is no hyperinflation is only due to the fact that the banks that borrowed hundreds of billions from the Fed and other central banks are keeping the money out of cash and into the stock and bond carousel. The moment that money were to enter in circulation, it would be Zimbabwe meet Weimar, part II.

The risk of an economic collapse that would usher into the "need" for a one-world currency (with the inevitable annihilation of trillion $ worth of FX instruments) is just as likely as the Economist predicted in 1988.
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Re: A New World Currency by 2018

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publicduende wrote:
Moretorque wrote:Oh House MD just go into the janitorial closet on the job and pop another blue pill will yaa. Look at how high interest rates are ?, why is that ? because the whole system is saturated with so much debt we need a reset and they want WW3 to be the jubilee.
The fact that there is no hyperinflation is only due to the fact that the banks that borrowed hundreds of billions from the Fed and other central banks are keeping the money out of cash and into the stock and bond carousel. The moment that money were to enter in circulation, it would be Zimbabwe meet Weimar, part II.
Yeah, I heard that too.

To go from 200+ world currencies to just 1 world currency in the next 2 years means that there is some serious shit about to go down long before 2018 arrives.

Never let a good crisis go to waste. With that idea in mind, I believe there will be some type of economic or political crisis before the next US Presidential election on November 8, 2016. It will help ensure the most unelectable presidential candidate(Hillary Clinton) gets elected. When everyone is jobless, homeless and starving she'll come riding in on a white horse to save the country. Yippee!

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Re: A New World Currency by 2018

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Hey, taco, once you're inevitably wrong yet again (year after year passes and yet here we are with no apocalypse) you owe me tacos for all the time I've wasted reading and responding to this sensationalist nonsense. I'd get into why, specifically, this is all so incredibly wrong (and what about it is right), but it would all fall on deaf ears. The gist is simply this- multiple currencies are good for those that run things. Losing the billions they currently have by wiping the slate clean would not be a boon to them. Devaluing currencies is a way of keeping countries in line with the agenda, and you simply cannot do that with one world currency- actual foundational economics would take hold in which countries that produce goods and commodities have strong GDPs (and thus is NOT must if the first world), while those with intangibles and trade deficits perish. It would be a mass financial suicide on the part of the first world that would wipe out the wealth of bankers, rather than creating it, and undermine the power structure of every politician in the West in a way they would not be willing to have happen.

What there is going to be is a bond crash and a market correction. Probably going to see a bear market that chews through about 3,000-4,000 points of the blue chips in a short period, a low-liquidity, low-yield period lasting years for high yield bonds, and generally allow global growth across the board. China is going to continue staggering, as is Brazil and Russia. India will be the only country making gains in the developing world that are above the curve, but still lackluster.

This is the world we live in- slow growth, cyclical crashes, and a constant sense of uncertainty. We don't need one world currency because we're already right where the powerful want us to be. One currency limits targeted control in many fundamental ways you'd get if you had a better grip on economics and markets, but here's a good analogy for you. Let's say you have a bunch of workers. You pay the best with chocolate, the average with beans, and the bad ones with rice. Within each group, you give the better workers of each type more of their given commodity. With chocolate being the most valued currency, it is readily traded for beans or rice in large amounts. Beans can be traded for a moderate amount of rice or small amounts of chocolate. Rice can be traded for small amounts of beans or extremely small amounts of chocolate. If a worker is extra good, you promise to upgrade them to chocolate past someday, while if a worker is bad, you threaten to either demote them to rice or never let them escape rice. Meanwhile, as the person running things, you pay yourself in large amounts of the finest steak, which is the currency used by other business leaders to trade with one another for all of the other aforementioned goods, and is a financial vehicle the masses can't fathom.
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Re: A New World Currency by 2018

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HouseMD wrote:Hey, taco, once you're inevitably wrong yet again (year after year passes and yet here we are with no apocalypse) you owe me tacos for all the time I've wasted reading and responding to this sensationalist nonsense. I'd get into why, specifically, this is all so incredibly wrong (and what about it is right), but it would all fall on deaf ears. The gist is simply this- multiple currencies are good for those that run things. Losing the billions they currently have by wiping the slate clean would not be a boon to them. Devaluing currencies is a way of keeping countries in line with the agenda, and you simply cannot do that with one world currency- actual foundational economics would take hold in which countries that produce goods and commodities have strong GDPs (and thus is NOT must if the first world), while those with intangibles and trade deficits perish. It would be a mass financial suicide on the part of the first world that would wipe out the wealth of bankers, rather than creating it, and undermine the power structure of every politician in the West in a way they would not be willing to have happen.

What there is going to be is a bond crash and a market correction. Probably going to see a bear market that chews through about 3,000-4,000 points of the blue chips in a short period, a low-liquidity, low-yield period lasting years for high yield bonds, and generally allow global growth across the board. China is going to continue staggering, as is Brazil and Russia. India will be the only country making gains in the developing world that are above the curve, but still lackluster.

This is the world we live in- slow growth, cyclical crashes, and a constant sense of uncertainty. We don't need one world currency because we're already right where the powerful want us to be. One currency limits targeted control in many fundamental ways you'd get if you had a better grip on economics and markets, but here's a good analogy for you. Let's say you have a bunch of workers. You pay the best with chocolate, the average with beans, and the bad ones with rice. Within each group, you give the better workers of each type more of their given commodity. With chocolate being the most valued currency, it is readily traded for beans or rice in large amounts. Beans can be traded for a moderate amount of rice or small amounts of chocolate. Rice can be traded for small amounts of beans or extremely small amounts of chocolate. If a worker is extra good, you promise to upgrade them to chocolate past someday, while if a worker is bad, you threaten to either demote them to rice or never let them escape rice. Meanwhile, as the person running things, you pay yourself in large amounts of the finest steak, which is the currency used by other business leaders to trade with one another for all of the other aforementioned goods, and is a financial vehicle the masses can't fathom.
With the up and coming financial collapse and the implementation of the final pillars of a New World Order, one can never be asbolutely right or wrong about facts, dates and main actors. The Euro was something that was sold to us as the panacea for all European economies, the missing piece of the puzzle of peace and prosperity for 20+ member states, most of which had been entangled in half a dozen of bloody wars since the previous century.

A single currency might come across in a moment of complete undoing of the financial markets as we know them. It might be 5 or 50 yeard down the line, but it looks like the Powers That Be will not miss using that card if they feel it will sustain or further their agenda. In fact, a single hard currency isn't even the issue, since there is a massive and concerted push to ban cash anyway, to make all transaction electronic. If that the case, would it make such a difference is my meager salary, a number added to a cell in a database somewhere in a bank IT system, has a X or Y multiplication factor (the "currency") with respect to another base number?

A single currency limits control if there is relative scarcity between one currency and the other, so that one can be considered more valuable, precious or stable. Your analogy doesn't work because both rice and chocolate are commodities and their availability on the market is dictated by natural cycles and global capacity and processing facilities. You assume, correctly, that rice is less valuable than chocolate because the chocolate requires more labour and cannot be produced at the same rate of cocoa beans (shitty palm oil, actually) and rice.

What is happening now, though, is a situation where all central banks are printing and devaluing their respective currencies, therefore making them a largely available commodity. When virtually all countries are relinquishing control of their monterary policies to a bunch of central bankers and/or the transnational banking corporations that own them, a currency as an instrument of political and economic steering becomes useless, insignificant. The very few countries who tried to combat this trend, like Switzerland and Sweden, had to surrender one to two years after the currency wars started and had to witness sharp internal shocks (not to mention the effect on the FX derivatives market)

In a way, for a few years we have already had a single currency, only with different denominations and a pretense of independence. When TPTB will have instilled enough fear in the world populace so that even that pretense of sovereignty given by a national currency will not matter anymore, they will secretly replace them with a single, electronic currency backed by nothing at all.
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Re: A New World Currency by 2018

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publicduende wrote:
HouseMD wrote:Hey, taco, once you're inevitably wrong yet again (year after year passes and yet here we are with no apocalypse) you owe me tacos for all the time I've wasted reading and responding to this sensationalist nonsense. I'd get into why, specifically, this is all so incredibly wrong (and what about it is right), but it would all fall on deaf ears. The gist is simply this- multiple currencies are good for those that run things. Losing the billions they currently have by wiping the slate clean would not be a boon to them. Devaluing currencies is a way of keeping countries in line with the agenda, and you simply cannot do that with one world currency- actual foundational economics would take hold in which countries that produce goods and commodities have strong GDPs (and thus is NOT must if the first world), while those with intangibles and trade deficits perish. It would be a mass financial suicide on the part of the first world that would wipe out the wealth of bankers, rather than creating it, and undermine the power structure of every politician in the West in a way they would not be willing to have happen.

What there is going to be is a bond crash and a market correction. Probably going to see a bear market that chews through about 3,000-4,000 points of the blue chips in a short period, a low-liquidity, low-yield period lasting years for high yield bonds, and generally allow global growth across the board. China is going to continue staggering, as is Brazil and Russia. India will be the only country making gains in the developing world that are above the curve, but still lackluster.

This is the world we live in- slow growth, cyclical crashes, and a constant sense of uncertainty. We don't need one world currency because we're already right where the powerful want us to be. One currency limits targeted control in many fundamental ways you'd get if you had a better grip on economics and markets, but here's a good analogy for you. Let's say you have a bunch of workers. You pay the best with chocolate, the average with beans, and the bad ones with rice. Within each group, you give the better workers of each type more of their given commodity. With chocolate being the most valued currency, it is readily traded for beans or rice in large amounts. Beans can be traded for a moderate amount of rice or small amounts of chocolate. Rice can be traded for small amounts of beans or extremely small amounts of chocolate. If a worker is extra good, you promise to upgrade them to chocolate past someday, while if a worker is bad, you threaten to either demote them to rice or never let them escape rice. Meanwhile, as the person running things, you pay yourself in large amounts of the finest steak, which is the currency used by other business leaders to trade with one another for all of the other aforementioned goods, and is a financial vehicle the masses can't fathom.
With the up and coming financial collapse and the implementation of the final pillars of a New World Order, one can never be asbolutely right or wrong about facts, dates and main actors. The Euro was something that was sold to us as the panacea for all European economies, the missing piece of the puzzle of peace and prosperity for 20+ member states, most of which had been entangled in half a dozen of bloody wars since the previous century.

A single currency might come across in a moment of complete undoing of the financial markets as we know them. It might be 5 or 50 yeard down the line, but it looks like the Powers That Be will not miss using that card if they feel it will sustain or further their agenda. In fact, a single hard currency isn't even the issue, since there is a massive and concerted push to ban cash anyway, to make all transaction electronic. If that the case, would it make such a difference is my meager salary, a number added to a cell in a database somewhere in a bank IT system, has a X or Y multiplication factor (the "currency") with respect to another base number?

A single currency limits control if there is relative scarcity between one currency and the other, so that one can be considered more valuable, precious or stable. Your analogy doesn't work because both rice and chocolate are commodities and their availability on the market is dictated by natural cycles and global capacity and processing facilities. You assume, correctly, that rice is less valuable than chocolate because the chocolate requires more labour and cannot be produced at the same rate of cocoa beans (shitty palm oil, actually) and rice.

What is happening now, though, is a situation where all central banks are printing and devaluing their respective currencies, therefore making them a largely available commodity. When virtually all countries are relinquishing control of their monterary policies to a bunch of central bankers and/or the transnational banking corporations that own them, a currency as an instrument of political and economic steering becomes useless, insignificant. The very few countries who tried to combat this trend, like Switzerland and Sweden, had to surrender one to two years after the currency wars started and had to witness sharp internal shocks (not to mention the effect on the FX derivatives market)

In a way, for a few years we have already had a single currency, only with different denominations and a pretense of independence. When TPTB will have instilled enough fear in the world populace so that even that pretense of sovereignty given by a national currency will not matter anymore, they will secretly replace them with a single, electronic currency backed by nothing at all.
The whole point is that if a dollar is a dollar everywhere and there are no alternatives, you lose the ability to wage financial war on dissident countries. When there is only one currency, you can't spite your enemies without also harming yourself. That is why it represents a loss of control, and why the whole idea is stupid. With electronic currency trading, all currency is rapidly exchangeable and functionally one currency for the elite while allowing for micromanagement of the masses.

Funny how people swear there will be a new world order, that the end is nigh, etc for their entire lives, clinging to such beliefs to their deaths, yet none of them ever in all of history has been correct. Definition of insanity... Worse still, most of the supposed schemes don't make a damn bit of sense if you actually think about them- they're highly inefficient, have counterintuitive results, play to fears without actually being practical compared to much less terror inducing alternatives, etc. I'm thinking about starting a being service in Vegas, in which people that think the end times are near can bet their entire estate, should they die before the end times arrive. I'll liquidate the assets of each one that dies prior to their prediction occurring, and convert half of the assets to solid gold. Anyone who is correct gets to split the millions in gold the day the new world order arrives. Anyone down? I'll start things off with a 500k solid gold bet, but you're estate must be worth at least 200k net. Should be able to start the being in six years, and yes, I'm completely serious.
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Re: A New World Currency by 2018

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HouseMD wrote:The whole point is that if a dollar is a dollar everywhere and there are no alternatives, you lose the ability to wage financial war on dissident countries. When there is only one currency, you can't spite your enemies without also harming yourself. That is why it represents a loss of control, and why the whole idea is stupid. With electronic currency trading, all currency is rapidly exchangeable and functionally one currency for the elite while allowing for micromanagement of the masses.
Yes, correct in theory, but you forget to see that a financial war, a currency war, is one that everybody gets to play. In the current bout of (fierce) race to devaluation and zero or negative interest rates, every country is flattening the behaviour of its sovereign currency (if they still have one) to a single model. Keep interest low so money will have to circulate, keep cost of debt and cost of money low so large corporate can borrow and exports are cheaper.

The US has already been doing untold damage to their own economy by allowing the Dollar, still largely the world's trading currency, to appreciate against the Euro, the Yuan and the Yen. You see?
HouseMD wrote:Funny how people swear there will be a new world order, that the end is nigh, etc for their entire lives, clinging to such beliefs to their deaths, yet none of them ever in all of history has been correct. Definition of insanity... Worse still, most of the supposed schemes don't make a damn bit of sense if you actually think about them- they're highly inefficient, have counterintuitive results, play to fears without actually being practical compared to much less terror inducing alternatives, etc. I'm thinking about starting a being service in Vegas, in which people that think the end times are near can bet their entire estate, should they die before the end times arrive. I'll liquidate the assets of each one that dies prior to their prediction occurring, and convert half of the assets to solid gold. Anyone who is correct gets to split the millions in gold the day the new world order arrives. Anyone down? I'll start things off with a 500k solid gold bet, but you're estate must be worth at least 200k net. Should be able to start the being in six years, and yes, I'm completely serious.
Financial collapse is already happening, but it's not a single event. It's a frog in the pan kind of situation, and TPTB require it to be this way. if all market participants were spooked at the same way and driven by the same sentiment at the same time, there would be no more markets. Everybody would sell and nobody would buy. Gradual developments and keeping the information highly asymmetric between players (eg. the smart money vs mom & pop investors), with mainstream media focussing of diverting the mass' attention at will, is the only strategy that will work. Then when times are ripe, at that could be next week or in 10 years, the lid will come off and what's left to implement on the NWO agenda will be child's play.
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Re: A New World Currency by 2018

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Again, I find myself amused at the "US dollar is appreciating, this is bad!" comment, when everyone on this board a few years back was like "the US dollar is weak, this is clearly the sign of a collapse!" There's a certain element of society that has always been drawn to apocalyptic thinking. Typically it's the underclass, who fantasize that all but a few will be brought down to their level. It is a fantasy built on elevation of one's own position through catastrophic collapse of the position of others, something many downtrodden souls see as their only way to be brought to parity with those that currently live lavishly and mock them.

Alas, these apocalypses and conspiracies never come to fruition, because people are not nearly as clever, well organized, and aligned in their goals got such nonsense to occur. The only real apocalypse you might ever behold is a nuclear or biological one, not one of careful design.

I'll just be resting easy while everyone else panics, as I always have, because I know this time in our history is just as insignificant as any before it and most after it. I'm okay with my insignificance, with making as much money as I can in the system as it stands, and with my place in global society. It's the ones that choose to give up, rather than build something, that end up hoping for the day of reckoning.
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Re: A New World Currency by 2018

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HouseMD wrote:Again, I find myself amused at the "US dollar is appreciating, this is bad!" comment, when everyone on this board a few years back was like "the US dollar is weak, this is clearly the sign of a collapse!" There's a certain element of society that has always been drawn to apocalyptic thinking. Typically it's the underclass, who fantasize that all but a few will be brought down to their level. It is a fantasy built on elevation of one's own position through catastrophic collapse of the position of others, something many downtrodden souls see as their only way to be brought to parity with those that currently live lavishly and mock them.

Alas, these apocalypses and conspiracies never come to fruition, because people are not nearly as clever, well organized, and aligned in their goals got such nonsense to occur. The only real apocalypse you might ever behold is a nuclear or biological one, not one of careful design.

I'll just be resting easy while everyone else panics, as I always have, because I know this time in our history is just as insignificant as any before it and most after it. I'm okay with my insignificance, with making as much money as I can in the system as it stands, and with my place in global society. It's the ones that choose to give up, rather than build something, that end up hoping for the day of reckoning.
I am happy that you're in a position to benefit from the current economic climate. As your nickname suggests, you might be in a medical profession, which is one of the very few that cannot be outsourced and will always command a premium. If you were a blue collar, or worse a working class family man, I would be really intrigued to know how you could rejoice about the loss of quality jobs in the US and most other European countries, not to mention the loss of personal freedoms and sovereignty to a cabal of central bureaucrats and transnational powers.

Maybe Taco is over the top with his predictions, but at the same time it's impossible to admit that this is just a normal end-of-cycle crisis and everything is gonna be back to normal in a couple of years. This is the end of a 70-year supercycle, one that started after WW2. There might or might not be a world war proper. Or a concerted market crash, or a gradual one. Regardless of what will happen and when, what saddens me, Taco and probably a lot more people, is the fact that our prosperity and our freedoms are being eroded on a daily basis. While talent, ingenuity and hard work should be and are rewarded in a functioning market economy, an economy based on oligarchic and crony capitalism, manipulation and speculation as the current one is, has lost the ability to put those people who don't belong to a tiny elite in control of their own destiny.
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Re: A New World Currency by 2018

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HouseMD wrote:Hey, taco, once you're inevitably wrong yet again (year after year passes and yet here we are with no apocalypse) you owe me tacos for all the time I've wasted reading and responding to this sensationalist nonsense.
Its just a prediction. Its not the end of the world if I'm wrong and its not a waste of time to talk about.

Author, Dimitri Orlov, compared the coming currency collapse to a weak bridge. He said, "we can see the bridge is structurally weak but we don't know when it will collapse into the river below".

Consider the evidence...

1. The passing of gold and silver coins as legal tender in Utah and Arizona
2. The use of Civil Asset forfeiture laws would suggest the state governments will be broke soon
3. The emergence of a police state grid(NSA, TSA, Homeland Insecurity) in case Americans decide they don't want to pay the trillions owed to the bankers and have them arrested for fraud like Iceland did.
4. The Euro's only purpose is bankrupt all European countries which will happen because it doesn't account for huge trade imbalances between European countries.
5. Formation of BRICS alliance to bypass the dollar in trade
6. IMF predicting oil prices will go to $10/barrel
7. Legalization of drugs to keep everyone sedated while their cash is devalued
HouseMD wrote: It would be a mass financial suicide on the part of the first world that would wipe out the wealth of bankers, rather than creating it, and undermine the power structure of every politician in the West in a way they would not be willing to have happen.
The bankers already have money, this time they want power. There going to crash all world currencies so they can buy up all the worlds assets for pennies.
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Re: A New World Currency by 2018

Post by Moretorque »

House MD the odds are against you, go research fiat currencies of the past and what the final verdict for them was. You can start with Lincoln's Green Backs for just one that's close to home. Of course they are all ultimately backed by the states ability to enforce at gunpoint.

This one has been backed by oil for the last 40 plus years with the British Empires military might to back it up, there are supposed to be no large standing armies here so our current empire backed by the most lethal barrage of weapons the world has ever seen is not really part of America as intended by our founders.

Also I just watched a very interesting video on the hexagram and how it stuck as a Jewish symbol as the " Star of David " and the connection to the Economist Magazine fits perfectly in as well. Allow me to issue the currency and I care who not makes the laws!
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Re: A New World Currency by 2018

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Moretorque wrote:House MD the odds are against you, go research fiat currencies of the past and what the final verdict for them was. You can start with Lincoln's Green Backs for just one that's close to home. Of course they are all ultimately backed by the states ability to enforce at gunpoint.

This one has been backed by oil for the last 40 plus years with the British Empires military might to back it up, there are supposed to be no large standing armies here so our current empire backed by the most lethal barrage of weapons the world has ever seen is not really part of America as intended by our founders.

Also I just watched a very interesting video on the hexagram and how it stuck as a Jewish symbol as the " Star of David " and the connection to the Economist Magazine fits perfectly in as well. Allow me to issue the currency and I care who not makes the laws!
Whether the odds are against me or not won't matter it wnough people up and die before collecting my bet. The odds of survival on a long enough timescale are always zero, but that timescale is much longer than you guys seem to believe.
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