henrymakow.com — April 5, 2021
Anthony Migchels: “Henry, something big happened last week: the IMF is going to give out loans in SDR. Special Drawing Rights are their currency. By itself, they’re nothing special, but the IMF has always lent in Dollars.
That they are going to print their own currency on a large scale, $650 billion to begin with, is simply monumental. It means that World Currency is starting.
This is EXACTLY what Mark Carney (BoE chief) announced 18 months ago. That the Petrodollar would end ‘in ten years’, and would be replaced with an IMF World Reserve Currency. I reported on it here. There’s Going to be a Gold Standard & It Will Be Disastrous.”
“Make no mistake: if there’s a World Central Bank, and a World Reserve Currency, open World Government is not far away.”
see Anthony’s investment advice below article
The Petrodollar Is Dead! Long Live The IMF World Reserve Currency!
By Anthony Migchels – (henrymakow.com)
Eighteen months after Mark Carney officially announced the end of the Petrodollar, and its replacement by an IMF World Reserve Currency, the IMF announces that they will create $650 billion worth of Special Drawing Rights.
It’s an astounding event. The IMF ceases lending in dollars, and starts using its own currency to bail out nations. Ninety have asked for ‘assistance’, their finances savaged by the lockdown.
$650 billion may not sound like much but this is only the beginning. Soon the IMF will be throwing around trillions worth of SDR like the Fed now is doing with USD.
Okay, you cannot call it a ‘world currency’. Many very big economies are not going to use this fake currency unless it benefits them. The BRICS have started their own systems. They’ve started to move away from the US Dollar.
If we go back to 2008/9, the IMF had less than $2 billion in reserves. Yet, they mustered 100s & 100s of billions from nowhere, to so say bailout bankrupt nations.
What we are seeing is the creation of Monopoly Money on such a scale that they are trying to make the bankrupt West too big to fail.
Countless nations are not going to use a fake global currency just to prop up bust institutions and the nations which control those institutions.
The US Fed, IMF, Bo£, the ECB & BofJ are drowning in staggering debt. Its not like, let’s have WW2 so we can start a new system and plunder the world. This option no longer exists. So maybe it will be WW3 and The End.
And (((they))) will try to put digital SDR’s on to the nanochips (((their))) trying to inject as “vaccines”. (((They))) will try to use 5G to control the nanochips.
(((Their))) haste strongly suggests (((their))) plan is failing, the wheels are coming off. We-the-people are as a majority rejecting the poison injections and “vaccine” passports.
(((Their))) result is going to be a big huge nothing burger with a totally broken global economic system. One that will have to be rebuilt without SDR’s or $US, and without (((them))).
…on to the nanochips (((they’re))) trying to inject…
If the USA loses it’s position of having the #1 world reserve currency you’ll see a controlled demolition of the USA.
Are the global elites taking advantage of the Corona virus economic situation and dementia Joe as president to destroy America?
Are they using environmentalism as cover for the “great reset” of the world economy? Are they going to steal your money and destroy America and other nations?
You should not be hoarding money anyway. It is supposed to flow. The Jews’ mental disease makes money toxic.
A commentator said a few years ago soon the too big to fail financial institutions will be too big to save. She looks more right by the day.
the west is not important. only important are
chinese,russian;indian + asiatic power economicly+
militarily . lets wait for the endresult.
It’s a pipe dream. It will only work if people agree. The ones who will agree are the worthless ones who sniff around looking for free stuff and welfare.
The productive sector will simply move to bullion or some other monetary system.
Benjamin been soul scalped ? Big up to art direction ))
The end of the dollar is inevitable – in a world state, it has to be collapsed. A return to a gold standard would be a good thing – if it was used to do away with fiat currency. But it won’t be.
I foresee the confiscation of all gold and silver held in private hands. This is of course the age-old Jewish dream. It was recently trialled in India and was first used by FDR.
A world government of the Illuminati/ pedofile CABAL is very far away and will NEVER happen again . The game is over, the CABAL will be thrown under the proverbial bus . All your actors or agents will be sent to re-education camps to learn and practice human rights and ” service to others ” no more service for the corrupt cabal or yourselves . People will accept the NESARA/ Gesara with the Quantum Financial system already enabled by the World Court the first day of April 2021 .
https://www.youtube.com/watch?v=hhLd3Izates
https://gesara.news/what-is-nesara-gesara.html