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Bancor: The Name Of The Global Currency That A Shocking IMF Report Is Proposing

Sometimes there are things that are so shocking that you just do not want to report them unless they can be completely and totally documented.  Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works.  Not anymore.  A paper entitled “Reserve Accumulation and International Monetary Stability” by the Strategy, Policy and Review Department of the IMF recommends that the world adopt a global currency called the “Bancor” and that a global central bank be established to administer that currency.  The report is dated April 13, 2010 and a full copy can be read here.  Unfortunately this is not hype and it is not a rumor.  This is a very serious proposal in an official document from one of the mega-powerful institutions that is actually running the world economy.  Anyone who follows the IMF knows that what the IMF wants, the IMF usually gets.  So could a global currency known as the “Bancor” be on the horizon?  That is now a legitimate question.

So where in the world did the name “Bancor” come from?  Well, it turns out that “Bancor” is the name of a hypothetical world currency unit once suggested by John Maynard Keynes.  Keynes was a world famous British economist who headed the World Banking Commission that created the IMF during the Breton Woods negotiations.

The Wikipedia entry for “Bancor” puts it this way….

The bancor was a World Currency Unit of clearing that was proposed by John Maynard Keynes, as leader of the British delegation and chairman of the World Bank commission, in the negotiations that established the Bretton Woods system, but has not been implemented.

The IMF report referenced above proposed naming the coming world currency unit the “Bancor” in honor of Keynes.

So what about Special Drawing Rights (SDRs)?  Over the past couple of years, SDRs have been touted as the coming global currency.  Well, the report does envision making SDRs “the principal reserve asset” as we move towards a global currency unit….

“As a complement to a multi-polar system, or even—more ambitiously—its logical end point, a greater role could be considered for the SDR.”

However, the report also acknowledges that SDRs do have some serious limitations.  Since the value of SDRs are closely tied to national currencies, anything affecting those currencies will affect SDRs as well.

Right now, SDRs are made up of a basket of currencies.  The following is a breakdown of the components of an SDR….

*U.S. Dollar (44 percent)

*Euro (34 percent)

*Yen (11 percent)

*Pound (11 percent)

The IMF report recognizes that moving to SDRs is only a partial move away from the U.S. dollar as the world reserve currency and urges the adoption of a currency unit that would be truly international.  The truth is that SDRs are clumsy and cumbersome.  For now, SDRs must still be reconverted back into a national currency before they can be used, and that really limits their usefulness according to the report….

“A limitation of the SDR as discussed previously is that it is not a currency. Both the SDR and SDR-denominated instruments need to be converted eventually to a national currency for most payments or interventions in foreign exchange markets, which adds to cumbersome use in transactions. And though an SDR-based system would move away from a dominant national currency, the SDR’s value remains heavily linked to the conditions and performance of the major component countries.”

So what is the answer?

Well, the IMF report believes that the adoption of a true global currency administered by a global central bank is the answer.

The authors of the report believe that it would be ideal if the “Bancor” would immediately be used as currency by many nations throughout the world, but they also acknowledge that a more “realistic” approach would be for the “Bancor” to circulate alongside national currencies at first….

“One option is for bancor to be adopted by fiat as a common currency (like the euro was), an approach that would result immediately in widespread use and eliminate exchange rate volatility among adopters (comparable, for instance, to Cooper 1984, 2006 and the Economist, 1988). A somewhat less ambitious (and more realistic) option would be for bancor to circulate alongside national currencies, though it would need to be adopted by fiat by at least some (not necessarily systemic) countries in order for an exchange market to develop.”

So who would print and administer the “Bancor”?

Well, a global central bank of course.  It would be something like the Federal Reserve, only completely outside the control of any particular national government….

“A global currency, bancor, issued by a global central bank (see Supplement 1, section V) would be designed as a stable store of value that is not tied exclusively to the conditions of any particular economy. As trade and finance continue to grow rapidly and global integration increases, the importance of this broader perspective is expected to continue growing.”

In fact, at one point the IMF report specifically compares the proposed global central bank to the Federal Reserve….

“The global central bank could serve as a lender of last resort, providing needed systemic liquidity in the event of adverse shocks and more automatically than at present. Such liquidity was provided in the most recent crisis mainly by the U.S. Federal Reserve, which however may not always provide such liquidity.”

So is that what we really need? 

A world currency administered by an international central bank modeled after the Federal Reserve?

Not at all.

As I have written about previously, the Federal Reserve has devalued the U.S. dollar by over 95 percent since it was created and the U.S. government has accumulated the largest debt in the history of the world under this system.

So now we want to impose such a system on the entire globe?

The truth is that a global currency (whether it be called the “Bancor” or given a different name entirely) would be a major blow to national sovereignty and would represent a major move towards global government. 

Considering how disastrous the Federal Reserve system and other central banking systems around the world have been, why would anyone suggest that we go to a global central banking system modeled after the Federal Reserve?

Let us hope that the “Bancor” never sees the light of day.

However, the truth is that there are some very powerful interests that are absolutely determined to create a global currency and a global central bank for the global economy that we now live in. 

It would be a major mistake to think that it can’t happen.

  • Grumpy

    Does anyone here not yet believe that the Western financial systems have been/are being crashed by design? It’s not a “failure of capitalism”, since capitalism was buried alive in 1913 by the same dull-eyed, silver-spoon crowd whose inbred little bastards have stolen your wealth, your land, your dignity, your food and your water, and will ultimately steal your lives. Will you ever wake up? Will you ever fight back?

  • Progressive Ed

    So this is the endgame of Obamanomics. Yes, there is a method in their madness.

  • http://n/a justin

    Ed, Get a clue. This is bigger then Obama. This is bigger then republicans and democrats. This is bigger then your church and many combined.

    THIS IS NOT OBAMANOMICS.

    Stop watching fox news and wake up.

  • The Beast

    So…the beast with the seal is finally here huh? Welcome to the world of apocalypse….

  • Jackson

    its the ” financial coup” heard it on coast to coast.

  • Joey

    He who controls the wealth,controls the nation!

  • http://WBDM Joe in JT

    The illuminati’s last scam, global warming carbon tax, was shot down by the alert public and the internet. Hopefully we can crush the IMF plan for world fiat paper.

    I’m amazed to read that certain regions of the country (Michigan or Minnesota) actually have their own barter currency they use locally. Just to bypass the ponzi scheme casino game that is Wall Street and the FED. Surprizingly our government goon squad didn’t come smashing down on them.

  • endthefed

    A Banksters dream come true.
    And it would mean slavery for all mankind.

    We’ve seen over the last 100 years how the Fed is merely a front to cover the corruption of the power elite, a worldwide central bank would be an order of magnitude worse.

    This is something to fight at any costs.

  • Something Wicked This Way Comes

    It’s all over except the crying.

    http://thecivillibertarian.blogspot.com/

  • Spencer

    Commodities don’t work, because they boom and bust according to supply and demand. They don’t grow in supply according to growth in production so they are a poor form of currency (which explains all of the problems that existed with it before fiat currency).

    Fiat currency has so far proven pretty good in theory, the only problem is governments who think they can spend more then they generate.

    Using the American dollar as reserve is the bane of the current world economic problem.

    What else do you suggest would be a good means of trade that isn’t suceptible to problems of government and supply/demand?

    The truth is, a world currency is the only real way to regulate the supply of currency to the worlds economic output. A world currency would force governments to be fiscally responsible.

    That said, I’m neither for nor against….it seems the most logical method, but just seems creepy to me because I know how greedy people at the top like to be. Also, I don’t see it lasting….poorer countries will likely never have a way to re-invent themselves. Defaulting on debt and bankruptcy, as bad as it is for the lenders, is sometimes the only means of survival for the poor.

  • ross

    So the one world government conspiracy theorists may have been right after all……

  • Dave Cydell

    Somewhat on topic, (he is a Federal Reserve banker (Dallas)): Richard Fisher says in a Fox Business interview moments ago: My favorite Shakespeare quote is “Neither a borrower nor a lender be.”
    Then he goes on to admit he is a banker.
    Leaves me with one opinion of what he really is. You make the decision.

  • Archie

    Obama came from almost no where. His credentials are almost non existent – certainly not available for viewing and no one seems to care. Gotta be Saudia Arabia, Iran, etc. conspiring with their money to take worldwide control via their religion and their politics which are pretty much the same. They financially bought off most of our politicians at all levels including the presidency. We will cease to be a world power very soon; then it won’t matter what currency is being used; we won’t have any. Bow to mecca and beg for some rice or bread or whatever I guess. How did we get into this situation, anyway?

  • Chuck

    Invest in precious metals- Gold, Silver and Jacketed Lead.

  • Clyde

    Justin,you are right about it being bigger than Obama,and bigger than democrats or republicans.
    You are wrong about it being bigger than my church. You should wake up,get your head out of the sand and watch Fox news.Fair balanced and un-afraid.

  • Not so Mad Max

    At the risk of spewing heresy I think this is more pipe dreams by academics who have no grasp on reality. Any currency backed by nothing is doomed to fail. Read the overseas papers on line Greece is still melting down Germany and France and the UK are in danger of being down graded (I included the US in that list). The UK is in the early stages of a squatter problem. Just because the lame stream media here is not reporting it doesn’t mean it’s not happening it just means they don’t want you to know their ideal (Europe) is in as deep of trouble as the US.
    Once this thing implodes it will not be just the US it will be Global, any so called Global Elites would be smart enough to know you get more done during good times. Than when people are desperate and angry at anybody who is better of than they are, and who they can blame for their greatly reduced circumstances.

  • Gidget

    You people who think this is about Obamanomics have absolutely no clue of what’s going on. None! This is so much bigger than a “United States President.” He’s just a pawn.

  • caryn verell

    this is really scarey ****…and it gets scarier as each day passes.

  • daver

    Minimum wage per hour is the answer! – LIFT the BOTTOM of the pyramid – not the top.

    THink about it.. since u cant counterfeit time or amass it in hordes, – people become the currency, so whoever has the most people….. Nations leaders turn to selling their countries for more economic power – not gold and printing presses. This ALSO forces govts to educate and empoer their people…

    Google : Ithica dollars

  • Mary L. Nooker

    Could it be that there should be a bank called; THE CREATOR’S
    BANK? Money for NECESSITIES (SPIRITUAL, MATERIAL, INTELLECTUAL)
    WILL ALWAYS BE AVAILABLE, FOR HIS KINGDOM’S OBJECTIVES.
    HE WOULD HAVE TO AUTHORIZE IT, OF COURSE. MAYBE HE WOULD
    LIKE THE MONEY TO HAVE A SPECIAL SYMBOL FOR HIM. AS FAR AS
    DEFICITS, HOW MUCH OF USA DEFICIT IS DUE TO GIVING TO THE
    POOR, INCLUDING THE POOR IN SPIRIT? IF THAT IS THE CASE:
    HE WHO GIVES TO THE POOR LENDETH TO THE LORD. HAS HE
    ALREADY REPAID THE LOAN? LAW ENFORCEMENT HAS BEEN VERY
    COSTLY. TAKE IT FROM THERE, PLEASE. REVERSIBLE?

  • Kevin Beck

    Well, it’s good to know that John Maynard Keynes was behind this idea when originally proposed. That assures me that it will be a total disaster!

  • Regis Fair

    I have recently read “The History of the Rothschild Family”, and how Amschel Bauer(Rothschild) and his five sons took over Europe,then the USA, and every other nation on the planet by owning the Central Bank in each country. They are the World Bank, the Bank of International Settlement, and many, many other banks whose charter would let one think that they are doing a public service. Who is it that believes a banker will do a public service without making a ton of loot? These are the same, the only, Communist driven bankers at the IMF. If they are not fought tooth, nail, and every fiber one can control in his/her body until the last breath, you and I will be their slave. That is what the NEW WORLD ORDER is all about.

  • http://ariel.org Stiler

    This isn’t a sign of the End. There’s something in their way of having a One World system: we live in an East-West balance of power.

    Russia, Iran, Germany, Turkey and others have to invade Israel en mass and be wiped out. Then, there will no longer be a balance of power and we can be made to try their New World Order experiment.

  • Prof Ramesh C. Manghirmalani, Geneva

    Long live Bush , screwing America

  • roy

    The mark of the beast is not to far off, but, neither is the second coming. The globalist what the control for legally made slaves. If I control you pocket book, I control you. Why are the stupid in control. Once upon a time education was valued and used so that this sort of thing could not happen. But, the de-education of the world is at hand. I am a missionary ina third world country. Twenty years ago, people here had a somewhat command of both Spanish and English. But, now no one speaks English. Ask why, most say that to learn English will destroy their culture, others say they say that they do not neet a language that is used by theves, murderers, and and war mongers. They see the USA as the second beast in Revelations chapter 13. Most people her feel, that when they really needed help, the US congress would not help them after promising them that it would, so therefore the USA can go to hell. That is not my opinion, but I do understand it, just do not agree with it.

    Roy

  • dogismyth

    lol…panic sets in quicker than quicksand for some of you folks.

    what you are afraid of losing (constitutionally) is already gone. But I’m sure you realize that already. Sovereignty? What sovereignty? We live under corporatists elitists rule, and we do as they prescribe…or I should say…as we have been programmed.

    These rich elitists corporatists are not supermen. They are quite vulnerable and they feed on greed and power. As soon as you change your mindset, things will get better for all of us.

    They are not better than us. And we are not afraid of these men. They are only masters to us because we allow it. So chin up…smile. they will be defeated, sooner rather than later. Stop crying victim…please!

  • http://consciousvideodirectory.webs.com hardcoretruth71

    Wow… can they distract the sheeple with nonsensical monetary issues a little bit more?? Has anyone here figured out that we don’t need ANY money at all to survive? Money is useless!! Money = Debt!! We need a “Resource Based Economy” that’s “FREE”, balanced and equal for ALL “Earthlings”… Bankers will NEVER let us build that world… therefore, their money and system should be irrelevant to us… and we should start acting like it =)

  • reality

    The muslim religion does not allow for the charging of interest. There are no central banks in muslin countries that I am aware of, correct me if I’m wrong. They are not buying our politicians, the bankers have already. War is being considered versus the muslim world for two reasons 1 war is profitable for the military industrial complex 2 if defeated, muslims would have to accept european style banking. Money, power, control. Please remember that we are many and they are few. The system needs an enema, but will destroyed eventually. As long as fractional reserve banking is used, we are doomed. It is an intrinsically unstable system that has to keep expanding or it collapses (great depression in which money supply shrunk 30%) Every time you take out a loan, you contribute to the problem. every contribution you make to your 401k, you give them more leverage over you. 94% of our “money” is in the form of o’s and 1’s in cyberspace. If the ledger is black, we are happy, if the ledger is red, we are depressed. Where is our true worth? Where is our self governess? Who are we, realy?

  • Armageddon Thru To You

    Read and study bible prophecy and it will all make sense. Everything that is happening is part of a master plan that most, including many professed Christians, don’t understand. The consequences are terribly adverse and eternal. Wake up or find out too late that you have been spiritually “punked” by those to whom this world was given over to (Eph 6:12).

  • http://silverdollarcoinvalue.com Silver Dollar Coins

    Signs of the endgame. Lets just hope this does not come about in our lifetimes. Lifting the minimum wage will only increase unemployment. Getting rid of minimum wage altogether will raise it. Buy gold and silver dollar coins.

  • Warshaft

    National currencies will each have a different conversion rate into World Currency, the purpose is to ensure each nation secures its wealth and maintains its national sovereignty. This means Americans can finally get back to work as Americans, trust me our Government has no intention of giving up its power so easily. I support the Bancor that it strengthens the world economy, our wealth, and sovereignty, but I am very strongly against the Amero which not only threatens our wealth for the purpose of North American Trade but also our sovereignty as a nation under the North American Union.

  • honestann

    I will never touch another fiat currency. After 4 years of trying different approaches and approaching different people and companies, I can purchase 97% of everything I want with gold and silver. I can live without the other 3%, if I must. Yes, getting paid in gold and silver is more difficult, and probably reduces my workload by about 50%. So what? I’d rather be free!

    Stop talking. Stop complaining. Get real! Refuse to participate in their scams. Just say NO… then do so. Be part of the 1% who walk the walk. Talk (complaining and voting) is utterly worthless at this point in history. Wake up! Get real. Ignore everything fiat, fake, fraud, fiction – which also includes government, which even fundamental law calls a “fictitious entity”.

  • Maria

    No Bancor. No Amero. No Euro. No fiat. No “reserve”.

    Gold standard…it works.

  • Federalist45

    ATTY: You wrote: “Read and study bible prophecy and it will all make sense. Everything that is happening is part of a master plan that most, including many professed Christians, don’t understand. The consequences are terribly adverse and eternal. Wake up or find out too late that you have been spiritually “punked” by those to whom this world was given over to (Eph 6:12).”

    Okay, please show me the evidence that Paul meant anything except that, in all times and in all places, governments, authorities, leaders and the like were corrupt and committed evil acts. Is this not what is meant by “there is nothing new under the Sun”? Is it not true that Pilate, the Romans government, the High Priests, Herod. . . all were evil sinners? And is it not true that this is true of material-bound men (all of us, really) at all times and in all places? It seems to me that Paul is speaking to all men in all times of all faiths. He is right, but does that mean we have entered the End Times, with the nuclear holocaust of Armageddon right around the corner? Indeed, is Armageddon such a warlike destruction at all? Might it not be the spiritual war ongoing at all times? I am just asking for some evidence for all the the doom and gloom conclusions written above. Anyone have any?

  • notunaware

    We are in the “last days”. The Bible predicted the one world money system and one world government thousands of years ago, before it ever could have been a reality. Now we are seeing these things unfold before our very eyes. Jesus said to watch and pray, decern the times, do not be caught unaware. Remain faithful to the kingdom of God at all cost, even unto death. Jesus said, “I am the Way, the Truth and the Life. No one comes to the Father (in Heaven) except through Me”.

  • Fred

    Check out this site, it will answer a ton of questions. http://www.freedom-force.org

  • ticket

    Clyde said:
    “You should wake up,get your head out of the sand and watch Fox news.Fair balanced and un-afraid.”

    I sincerely hope that was sarcasm …

  • gwen

    People wake up! This isn’t a Bush problem or an Obama problem. These puppets are propped up by the global elite. They are told what to say and when to say it. The very best thing you can do is stock pile food and medical supplies. When the “S” hits the fan, the value of rice, protiens like beans and first aid supplies may sustain you for long enough to get by for a while. I am an average American who has just woken up for the 1st time and I am terrified. Mostly I am terrified that the rest of America has their heads so far up their Twitter and Starbucks that they will never see the light. Stop watching lame-stream media. They are not “Fair and Balanced.” Stop allowing them to program you. Open your eyes and realize our Government does not care about you. THEY DON’T WORK FOR YOU! THEY NEVER HAVE!

  • http://johnturmel.com KingofthePaupers

    Jct: People are already trading time around the world. Too late with the new unit. The Hour of volunteer labor is the universal standard proposed in the UNILETS Millennium Declaration C6 and no bank paper is ever going to take the fore again.

  • Lunatic Fringe

    This is pretty shocking. I’ve heard of such things but without anything to back it. To those of you spouting ‘Repent! The end is Nigh!’, Revelations is an allegory, all those things already happened. The beast is Nero, and if you translate his name to Hebrew, it is Neron. Using Gematria, which is translating letters to words, Neron Caesar adds to 666. There is your beast. The beast with the seven heads and crowns is actually Rome itself, which used to be referred as… The City on the Seven Hills. In another allegorical interpretation, this system is also representative of the Beast(albeit far removed from the original context) and oppression that Nero brought upon the early Christian-Gnostics. Mainstream media has *some* merit, but you have to sift through bullshit to get to it. Some one called out Communism too when in fact this proposed currency is fascism, Mussolini said that Fascism is a merging of Sate and Corporate(Banks) powers into one. Marx himself said that a ever widening wealth gap will lead to a proletariat workers state(imagining the poor oppressing the rich) before diffusing into a stateless society. ANY country which calls themselves Communist is a liar and is just as greedy and money-grubbing as any ruling elite. The current banking system is nothing more than a racketeering scheme to transfer any earned wealth of the poor to the rich. http://www.youtube.com/watch?v=Xbp6umQT58A

  • http://comcast.net wtfwcm

    look up Fatima.org. Specifically, Father Gruner articles. The three children who spoke to ‘Our Lady’ received a message. What was the message? If the Pope, Cardinals and Bishops did not consecrate Russia to ‘Our Lady’s’ immaculate heart, Russia (communism) would spread her errors throughout the world, including the U.S. Pray for all people in all countries. God help us all.

  • Alan

    I have been following this scheme for a while and There is talk of backing this world currency with partial gold reserve SDR’s, in fact BRICs has stated it as so!

    Alan

    http://www.eastasiaforum.org/2009/06/28/brazil-russia-india-and-china-the-brics-throw-down-the-gauntlet-on-monetary-system-reform/

    http://www.rawstory.com/rs/2010/0701/report-calls-world-ditch-dollar-migrate-global-reserve-currency/

  • William Tell

    A world currency could be a positive thing if it was tied to a standard. Gold, silver, copper and oil. All these commodities are finite. Tying a currency to a basket of these commodities would make it impossible to manipulate currency. Of course this will never be allowed to happen by world bankers. Getting rid of the silver standard “pound” in the UK and the gold standard in the USA was a major victory by the global elite. Unlimited money equals unlimited manipulation.

  • http://www.banksterreport.blogspot.com Bankster Report

    Don’t worry: there is no need for an easily recognizable single global currency. That would be too easy for any patriots to rebel against. What will happen is what has been gradually (incrementally) happening since Bretton Woods disintegrated in 1971. Central banks, particularly the Group of Seven ministers of finance will continue to “harmonize” economic policy under the guidance of their own central bank, the self-declared “central bank of central banks,” the Bank for International Settlements in Basel, Switzerland. There, Mr Bernanke–who happens to be the number 1 man at the Fed and the number 2 man at the BIS–and his bankster collegues will continue the trend of globalism as it has been for 40 years. You will still have your dollars and still have your pounds and still have you euros, but they once a single body–the bankster-run BIS–gains unfettered control over issuance (credit) and interest rates (value), you will also have a single currency. Why risk a massive international rebellion when you can just do it this way? The same method of control employed by the Federal Reserve shareholder banks in 1914 will be expanded worldwide, and we will have one singularly-controlled currency that looks just like it does now. And you might not even ever know.

  • roy rager

    What ever happened to the AMERO? It has been and is still being prosposed about changing to the Amero.

  • Tom

    Clyde , Democrats and Republicans are both bought off. So goes the Main stream Media. INcluding Fox News. MSNBC and FOX , same coin different side.

  • DontParticipateAnymore

    honestann i like the way you think. I would love to see the day where NO ONE showed up to vote for this republican or that democrat. It would SHOW THEM that they FAILED. Most people FAIL to realize that BOTH sides are controlled by ONE thing…MONEY. People THINK they are different because it’s different names. You get two different versions of the SAME BS. So why bother voting, when YOUR vote CAN and WILL be MANIPULATED.Thanks to the computer virus or human error counting.The people are being fooled and they don’t even know it.It’s just a waste of time. Think about EVERY politician BEFORE they get elected says their going to do this and that.
    Then AFTER they get elected they do the opposite. WHY bother with these IDIOTS anymore.
    Now who’s going to give me an excuse as to why you should vote?

  • http://www.infowars.com dead_squirrel

    Proposal NEW CURRENCY CALLED BAAM to compete against the BANCOR

    Let’s abolish Fractional Reserve Lending

    T.Jefferson, B. Franklin and A. Lincoln all agree, the representative government of the People should mint its own money and not some privately owned corporation (FED/BIS). Almost all our money is created by banks.

    Let’s do what our government is impotent to manufacture for our own sake and the rest of the world’s free people.

    Let’s do what thinking people would do, not reactive, hate-filled people.

    Unless we change it soon most of our freedoms will be lost.

    “Someone has to borrow every dollar we have in circulation…

    If the Banks create ample … money we are prosperoous; if not, we starve.”

    “When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is … incredible….”

    “It is the most important subject intelligent persons can investigate and reflect upon.”

    1934, Robert H. Hemphill
    Credit Manager of the Federal Reserve Bank of Atlanta

    The founding fathers of the US created Continental dollars that were minted by each home and were widely accepted during the revolutionary war of 1775 in order to escape the “gold tax” that the British imposed on every good that the U.S. produced.

    The British then made imitation Continental Dollars and so sky-rocketing hyperinflation ensued.

    The people of the US and not just the US but all over the world should create their own unclonable Continental Dollars by using hair fibers or fingernails “for coins”. If clothing can be made from bamboos, then so can money be made from hair. This is what any intelligent person would do when faced with a liberty or death situation.

    Read this story if you’re not convinced:

    US versus the “911 boys”

    This is Zipacna bathing at the mouth of a river (the US is Zipacna and the river is the Mississippi)
    Then four hundred (conspirators, dark freemasons)
    boys passed by, dragging a tree, a supporting beam for their hut. (=new world order)
    Four hundred were walking along, having cut down a great tree, a lintel for their hut. (tree is faith)
    So Zipacna went,
    he arrived there with the four hundred boys.
    “What are you doing, you boys?”
    “This tree, we (can)not lift it to carry it on our shoulders. (the big lie)
    “I will carry it on my shoulders. (the naïve US)
    Where does it go?
    What do you intend to use it for?”
    “It’s simply the lintel of our hut.”
    “All right,” he said.
    Then he dragged it,
    and carried it up on his shoulders to the door
    of the hut of the boys.
    “Stay with us, you boy.
    Do you (still) have your mother
    and father?” (father and mother equals forefathers and motherland)
    “No, I have no-one he said.
    “We ask for your help then surely then that.
    Tomorrow [another] tree will be raised as a supporting beam for our hut.
    “Good,” he said then.
    Then the boys made plans
    “This boy, what will we do to him?
    Let’s kill him, because what he does is not good.
    He has stood up the tree by himself.
    Let us dig a great hole there,
    Then we shall abandon him there down in[to] the hole. (This is a repeat of the Joseph Story in Bible)
    ‘Go get earth down in the bottom of the hole,’ we will say to him.
    While he is bent over down in[to] the hole, we will hurl down the great tree there.
    Then he will die there in the hole,” said the four hundred boys.
    So then they dug a great hole which went down deep,
    So they summoned Sipakna:
    “We trust you, to go down to dig (the hole is the debt-based Fractional Reserve System)
    the earth, because we can’t find it,” he was told. (Another lie)
    “That is good,” he said.
    So he went down into the hole.
    “Call up to us when the earth will have been dug down deep by you,” he was told.
    “Fine,” he said.
    Then he began to dig the hole.
    The hole which he dug was his means of saving himself.
    He knew that he was to be killed, so he dug another above the hole, to the side.
    It was because of the second hole he dug that he was saved. (honest money, Constitutional money)
    “To how far down in it are you?” was called down by the four hundred boys.
    “I am digging it quickly.
    If I shall call up to you, then the digging will be finished,” said Zipacna to them from the hole.
    So his burial was not this which he dug at the bottom of the hole.
    The hole he dug was his means of saving himself.
    So then when Zipacna called up,

    he was sheltered inside there in the hole when he called up.
    “Come here
    to take the earth, the remnants of the hole.
    It has been dug down truly deep by me.
    Cannot you hear my call perhaps?
    This is your call.
    It echoes there, as if you are at one remove,
    at two removes, I hear it”,
    Zipacna said to them from the hole there.
    Having attained shelter there, he calls out from there
    from the hole.
    This is how the great tree was dragged to the hole
    by the boys,
    Then also they hurled down the tree into the hole.
    “He no (longer) exists,
    he cannot speak.
    We will hear when he screams,
    then he shall be dead,” they said to each other.
    They whisper.
    They would hide {their faces} each one of them.
    Then they hurled down the tree.
    So he spoke, he cried out, then called out one more word, when the tree dropped to the bottom.
    “Aha, it has been successful!
    Truly good!
    We have done it to him.
    He has died.
    What omen (if) he (had) persisted,
    (if) he (had) done it,
    (if) he (had) worked?
    Then he would (have) become first. (i.e. Rothshill)
    He placed himself together with us, (US here stands for the Corporate States of America)
    among us, even us, the four hundred boys,” they said.
    Then they rejoiced.
    “We will make our sweet drink for three days. (i.e. Coke/Coca-Cola the first drug-money laundering corporate op.)
    When three days pass,
    we will drink to (our) dwelling,
    our hut. even us, the four hundred boys.” they said
    “So tomorrow we will see,
    and in two days we will see whether ants come from the earth, when he will smell,
    when he is decomposed.
    Then will our hearts be comforted, when we drink our sweet drink,” they said.
    But Zipacna was able to hear it,
    there in the hole, when the boys said this.
    And on the second day, ants [?suddenly] assembled.
    they were walking about,
    they were swarming.
    Then they gathered beneath the tree.
    Everywhere they were carrying hair in their teeth. (hair=organic fibers for paper money)
    and they were carrying Zipacna’s nails in their teeth. (nails=organic specie)
    So when the boys saw this they said to each other:
    “The demon is finished.
    Look at the ants!
    They gathered together (here),
    They assembled together (here).
    Everywhere they are carrying hair in their teeth.
    Those are surely his [nails].
    We have done it at last,” they said to each other.
    But here(?) Zipacna is alive.
    He had cut off the hair of his head. (We shall cut off our hair for fiber usage in the new Continental currency)
    He had also gnawed off his nails, (We shall cut off our nails for the coins to use)
    He gave them away to the ants. (Ants represent the working class and the middle class)
    So the four hundred boys thought that he had died.
    So then they began their sweet drink on the third day.
    Then they even got drunk all the boys,
    So now all the boys were drunk, and had no feelings.
    You can guess what happened next.

    The “British”, NWO, Corporate States of America, etc. cannot clone hair nor fingernails from humans (in imitation not as quickly as paper, therefore only one shot at this before the shills wake the fuck up after their drunken slumber.
    In truth, we outnumber them even though not in strength now since many of US are unemployed, but if we managed to make good on bartering and boycotting the faith-less fiat currency we would quickly gather strength and rise up from our hole. And whether the shills are drunk, asleep − it would make no difference if we have faith for justice.
    Any accusations of political correctness would be thwarted by referring to the conspirators as the “911 boys” instead of the “400 boys” saying of the story.

    -squirley

  • Lightwire

    Devaluation is on the way, and from the international info. world, maybe DIGITAL CURRENCY, can any of you imagine that?
    That along with taxobamacare will put everyone into a worse prison planet than anyone could imagine, sending your 1099s around for over a six hundred dollar purchase at once or accumulated and being an employee of the IRS doing their work for them or they will send 16000 new agents after everyone. Agents are from America that need a job, so Americans against Americans to have a job.
    PURE INSANITY

  • prez_bush

    You’ll need to calm down and take a few bong hits. That’s the problem….there ain’t enuff of that wacky tabacky for you folks.

  • Don

    Mary Nooker: You are ABSOLUTELY CORRECT! Sounds corney to the unbeliver, (even the Bible comments on this) Putting your investments into the “NATIONAL BANK OF HEAVEN” guarantee’s the MAX return with ABSOLUTELY NO WORRIES.

  • Juan Ramirez

    The concept of a unified world currency should NOT be summarily executioned. The current monetary system has a large number of inefficiencies and problems; it indeed is a cultivating medium for a host of criminal activities–among these money laundering from drug-trafficking and similar activities. Before we kill it, let’s hear what it has to offer.

  • http://traditionalamericans.org Badger

    Let’s not consider it and say we did, Jaun. Exactly what does Jaun think would happen if our ability to control our own currency ceases? How many hours before we make Greece look wonderful? Please take the time to review the fractional reserve system and why we are in this situation. What a brilliant plan it would be to completely link our monetary policy with China & Europe. This would be a show stopper, completely unconstitutional and probably bring about an armed revolt. We are already in sync with the Bank of International Settlements in Basil. Our monetary policies are synced with other Federal Reserve systems around the world. We need to look out for the US, not blend in with the World as just another bit player.

  • smarten up nas

    A world currency has nothing to offer us… Period

  • Joe

    Just call it: ScrewYouSerfsBringUsMoreCaviarWhileWeInflateYouIntoSlavery … it’d be more accurate.

  • USA ISNOTFREE

    Uh, he who controls the money (or gold), controls the world. Do people really not see this is a move for a number of very wealthy individuals to take over the world and dominate it. This is exactly what this is!

  • Cris

    Replacing US hegemony via the USD with an alternative world currency will not be a seamless transition. Will America keeps its troops and military protection in those countries that decide to switch over? Not likely. Will countries holding vast USD reserves through US treasuries, i.e. China, Japan, UK, OPEC, etc., all work together for the common good as they unwind their positions? I think will we see outright wars, anarchy, and major turbulence before (or as) this happens. Unfortunately, it is inevitable.

  • http://theEconomicCollapse Henry C.

    If you play a bit with the word ‘bancor’ and reverse it you get ‘rob & nab’ which is what the imf is aways attempting to do: steal from and enslave populations tru-out the world, and as always is lethally-administered by US and UK pirates.

  • crazy one

    Scary,yet interesting. Look at America. If each state had it’s own currency and central bank how would that impact, trade,social structure, innovation etc. etc. Would Michigan be equivalent to Greece? California equivalent to Japan?

    As a union do we fare better or worse?

  • Dan

    Remember the 1.5 quadrillion in derivatives, the whole banking system is broke. The Elites solution
    is to re-adjust real estate prices, labor cost that equivalent to china or close to it. This way the equity or the wealth of the middle class will go to pay for some of this towering debt, and through all this will have more control over all.

  • wegabalot

    And the beast will put under compulsion all persons, the great and the small, the free and the slave, that they may neither buy nor sell without taking the number of the beast.

  • picomanning

    “….For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared.” – Cicero, 42 B.C.

  • http://www.sminvestvctrust.com John Snavely

    Way to simplify business and real alternative investment Executive summary:
    Electronic Wallet/Purse.

    Here is a super investment opportunity. There is something that we can
    do to prevent the horrorible situation that we are in. We can do this. On
    this I am trying to get enough interest and support to get this project
    operational, now is the ripe time to do it. We can make the ultimate
    money/money transfer system that can help change how the world does business
    with this. I have US patent 6112984 on the electronic wallet/purse that
    could be used to make the ultimate money/money transfer system and
    everybody’s personnel financial control platform.. Attached is my executive
    summary for this project. We can have it operating in six months. The
    numbers on this project were made in 2004. There is really a very small
    investment required for the great potential benefits that can be reaped from
    this system being in operation. CitiCorp got a patent on the debit card
    three months after my patent issued and people are using that to get around
    my patent and they are using it with electronic controlled vending machines
    that they waited 25 years to use so my patent protection would run out.
    There are millions of electronic controlled vending machines in operation
    today. All ATMs and copy machine businesses are electronic controlled
    vending machines that won’t take your money as it is too complicated a
    system.

    We can have a Salivation Army project where every body can participate by
    donating to the project and I will give you Certificates of Beneficial
    interest that are similar to Corporate Stock certificates.

    My business is set up as a trust and want to make a high integrity
    system.

    200,000 users on the system would make it solvant, that is one county.

    I have designed and/or invented 90% of this electronic technology that
    is being used today. Everything that I have done is not on my resume.

    We can have free energy and/or 3 cent a gallon gasoline if people will
    cooperate.

    In less than 700 years there is going to be 1 sq ft of land per person
    for everybody to live on.

    See http://cafr1.com to see who owns everything including you.

    We don’t need people regulating us into slavery and there would be no
    false regulators.

    Regards

    John Snavely

    And the billion dollars today was only $110,000 in 1940. Money
    manipulation.

  • klangston

    Is that Juan Ramirez of the Federal Reserve Bank of Atlanta?

    Juan Ramirez
    August 31st, 2010 at 3:43 am

    The concept of a unified world currency should NOT be summarily executioned. The current monetary system has a large number of inefficiencies and problems; it indeed is a cultivating medium for a host of criminal activities–among these money laundering from drug-trafficking and similar activities. Before we kill it, let’s hear what it has to offer.

  • Lenny

    National currency values are one way in which to translate one government’s profligate spending or distastrous economic policies from anothers. Imagine a world in which there was no accountability for government spending run amok.

    When I was about 15 I thought a global currency interesting (about 45 years ago). However I turned 16, got responsible and dismissed it. I wish they would too.

    Obama’s already sold Arizona down the river with his “human right’s” issue in front of the UN. I am sure he would support this proposal to give up our own sovereingity for the sake of having a bunch of bureaucrats control the productive output–socialism without revolution. I hope the country comes to its senses before he gives up the rest of our rights too.

  • Phil

    These communist like the IMF and obama can make whatever they want as currency.That does’nt mean i have to accept it.Theres always trading and bartering.As far as my rights go i intend to keep and pursue them regardless of what the devil in the whitehouse says.

  • Cynthia

    To Wegabalot,

    “None of the trees can grow up to the sky” keep dreaming about your “enslavement” plan, people are more inventive than you think…………..and the bill for the gangsters is coming for every single war what they have created and for the every financial crisis too

  • preachaman87

    whatever the ELites want they get they have the money they control the worlds economy its all in the hands of a group of 20 some mean who own everything if you have a room full of 200 some national leaders all relying on money to stay a nation and then you have 25 men in the room who have all the money guess who really runs things shadow government those with the money the elites they run this world and they will get there world currency by purposley bankrupting the american dollar through the abuse of making money with there private bank the federal reserve bank if you didnt know its not an american bank it was set up in 1913 approved by woodrow wilson once re realized what hed done he knew hed sold are country to world bankers its real its happening they dont care about us they want power they want control its not hey lets share the wealth its steal the wealth force the world into a global government and then u are a slave implant micro chips into everyone and if they want money they will take it from you if u refuse it its like being labled a terrost but the bible makes it clear what it is it is the mark of the beast they own u when u take that chip in your right hand or forehead u cant bu y or sell without it thats the final world econmic solution slavery of the people they wil set the seen for the anti christ who will set all this up its not far off people need to get ready its all prophecy open your bible its in there final kingdom mentioned in daniel 2 to reign over earth will be likened to the former which was roman empire and European Union which is the revived roman empire will lead up this global government its all planned get ready

    • donkeyguy

      So, you’ve watched the zeitgeist. We get it.

      P.S. — All of those stats are not ground in any real research. But hey anything’s possible

  • mike

    This will totally happen. This is the 3rd stage prior to the antichrist coming, as mentioned by the prophet. First britian was the leading power (pound), then came US (dollar) and while the (SDR) is just a tool, it’s the way to pave the way for 1 world bank and it’ll be the (shiekel)that will take over. Though for a short period, as this 1 world government, will capture the wealth of many, you’ll see more and more range on the streets, as more and more people will become poor.
    Then of course we know what the antichirst will offer us? The basics (food) if we follow his way. AND most people will. I give you all 15/20 years. each year becoming harder for people to live.

  • Donna

    Hurry Up Lord + Come On Back And Take Us Home

  • Frind

    Bancor is an ugly name. A currency for the entire world and they want to name it in homage to one of the most boring, sly and UNTRUSTWORTHY systems in existence, thanks largely (but not solely to) the fractional reserve banking system: BANKS. Ugh! Ugh! UGH! UGH! It’s disgusting. Is it possible to BE ANY LESS IMAGINATIVE??

    In theory I am not opposed to a worldwide currency. But does it really need to be administered CENTRALLY? The potential for abuse is rampant in any centrally controlled system. Are there any forms of de-centralised currency? No human being can be totally trusted when money is involved. Make it technologically impossible for people to be ruled by greed.

  • Joe

    I would love to see 4square badges-of-honour as the new world currency. Online, paperless and a lot of fun. I’d be e-rich!

  • timmah

    Frind, silver and gold do what you ask

  • http://yahoo egbonim victor

    We need money,food,drinks,electronic devices,cars,ships, planes,tractors,fertilizers,clothes and foot wears………………………………..

  • http://yahoo egbonim victor

    demand and supply

  • Ken Everett

    The only practical way that a global currency could be introduced and implemented all over the world (overnight?) would be if that currency was virtual. This would guarantee central control and eliminate (almost) all forms of criminal abuse…. No cash means no cash-in-transit heists, no bank (or any other forms of) robberies, no black market and instantaneous impoverishment of the world’s drug lords

  • sadjoe

    this is sad….in the end….we will all be slaves of the rothschild dynasty, and there is nothing regular people can do about it

    • Bob Dowell

      Uhh, Don’t you know that Yeshua is bringing in a New World Order that will wipe them all out?

  • Bob Dowell

    They will make it a criminal offense to use gold or silver as money.

  • Bob Dowell

    When will we go to a no currency system and use the chip instead of sdr’s?

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