CHAPTER 5
Nearer to the Heart’s Desire
In chapter 5 in the book, The Creature From Jekyll Island it gets into the reason behind the Bretton Woods meeting in 1944. As we have seen so far, The Game called Bailouts played time and time again to bailout banks, large corporations, and savings and loan institutions. While this was happening in our own backyard, it was also happening on a worldwide scale as well. But, there was two primary differences. One was the amount of money in the worldwide game was much larger and the Federal Reserve Cartel was becoming the lender of last resort for the whole world.
Bretton Woods Attack on Gold
The attack began in July 1944 at the Mount Washington Hotel in Bretton Woods, New Hampshire with financiers, politicians, theoreticians from all over the world. Two agencies were created in this meeting, one was the IMF ( International Monetary Fund) and the World Bank. The so called purpose of these agencies was the World Bank was to make loans to war torn and underdeveloped nations so they could build stronger economies. The IMF was to promote monetary cooperation between nations by maintaining a fixed rate between their currencies. But to do this they had to go off the Gold standard and go to politically manipulated paper standard. This allowed governments to create money out of money without paying the penalty of having there currency drop in value on the world markets like it would with the discipline of the Gold Standard.
Prior to this Bretton Woods meeting currencies of the world was exchanged in terms of their gold value and this was called the Gold Exchange Standard. This was NOT the same as the Gold Standard when a currency is backed by Gold. The Gold Exchange Standard was the exchange ratio of currencies, which most when not backed by Gold but was determined how much gold that currency could buy on the open market. Politicians and bankers hated this system because it was honest. This is one of the reasons Ron Paul said, “Gold is honest money hated by dishonest people”.
The Fabian Society
The Fabian were an elite group of so called intellectuals, but really a bunch of psychopaths formed a somewhat secret society for the purpose of bringing socialism to the world. The Fabians wanted to bring about socialism slowly through BS propaganda because the American people believe anything and from their puppets in world governments that they pay off with imaginary money to write laws in their native countries to benefit the agenda of socialism. You see, they like the idea of socialism but not the way Communists wanted to do it through violence and revolution. The word socialism was not to be used among this group of people. They would speak about benefits for people like welfare, medical care, higher wages, and better wages, and other BS like that. But don’t get it twisted, the Fabian Society and the Communist had put aside their differences for the common goal, which was world socialism. To bad, we the people won’t come together in perfect harmony to overthrow this system because we to busy arguing over race, religion, and politics to see we the people are getting played! But anyway the goal of this cartel was to create a world currency, a world central bank, and a tool to control the world economies. Guess what? It worked and its still working till this very day! All that needed to happen was that the United States give up its dominant position on the world stage and be reduced to just one part of the collective. The World Bank was seen as a tool for moving so called money from civilized nation to the underdeveloped nations which the Communist controlled. Of course, they looked forward to the western world to pay their bills which we are still doing to this day.
The IMF
The IMF ( International Monetary Fund) is as much a part of the United Nations, just like the Federal Reserve is a part of the United States…….. which they are not! They are Independent Banking Cartels. They have almost 200 members, and is funded by a quota basis by its member nations. For course the United States contribute more than anybody else because that’s our one job…..to fund all this BS even till this very day. Back then the dollar was backed by gold, and $35 dollars could buy you an ounce of Gold. The main goal of the IMF was to got off the Gold Exchange Standard. They basically did what they had to do to accomplish their agenda. The primary currency at the time was the dollar and remained that way till this day, but soon the chickens will be coming home to roost. So fast forwarded a few decades the dollar was still redeemable for gold at $35 an ounce still. The IMF was limited to the amount of money they could create out of nothing because it was backed by something, that something was gold. On August 15, 1971, paid puppet President Tricky Dick Nixon signed an executive order declaring that the United States would on longer redeem its paper dollars for Gold. This left the door wide open to print without limit, and that’s what they have been doing ever since. Can you see the domino effect when everything pegged to the dollar come crashing down? Anyway the IMF is becoming the world central bank and will eventually will issue a world currency based on nothing……..maybe something digital. And the World Bank has become its lending agency, acting as “Savior of the World” type deal. Sending monopoly money to Poor nations, to feed the starving people, and bring a Better World for Mankind propaganda. This is how countries resources are confiscated through this process all around the world. United States land and buildings are being confiscated too, but it goes unnoticed by the public. And that my friends is how you get Socialism on a Worldwide scale under the radar of helping. In the next chapter we will go into the Building of the New World Order.
Chapter 4 Home, Sweet Loan
Chapter 6 The Building of the New World Order
This article provides a fascinating and eye-opening perspective on the Bretton Woods meeting and its lasting impact on global economics. It’s astonishing to realize how pivotal this event was in shaping the financial landscape we navigate today.
The explanation of how the shift from the Gold Standard to a politically manipulated paper standard allowed governments to print money without the discipline gold enforced is particularly striking. The way the IMF and World Bank were positioned as tools for economic manipulation under the guise of global cooperation is a compelling argument.
Overall, this piece does a great job of connecting historical events to current economic realities. It’s a must-read for anyone interested in understanding the complex interplay between global finance, politics, and power. Thanks for shedding light on these crucial issues!
Thank you Kavitha for your comment. It is our mission to inform and educate as many people as possible about our current financial system under the Federal Reserve.