Download The Last Chronicles of Planet Earth July 11, 2010 Edition by Frank DiMora
If the Lord leads via His Holy Spirit to help me print more books I would be blessed. P.O. Box 732, Lompoc Ca. 93438
http://www.theedgeam.com/perspectives/last_chronicles/index.htm
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A newly published IMF strategy document calls for the implementation of a global currency, called the “bancor”, to stabilise the international monetary system, while acknowledging that only a monumental shift toward acceptance of globalism will make it possible in the short term.
The IMF blueprint, authored by Reza Moghadam, director of the IMF’s strategy, policy and review department, has stayed under the radar for three months.
However, an article on the Financial Times blog alphaville, entitled IMF blueprint for a global currency – yes really, today highlights the document and the clear strategy of the global financial body.
“…in the eyes of the IMF at least, the best way to ensure the stability of the international monetary system (post crisis) is actually by launching a global currency.” Izabella Kaminska notes.
“And that, the IMF says, is largely because sovereigns — as they stand — cannot be trusted to redistribute surplus reserves, or battle their deficits, themselves.”
A chart within the document, innocuously titled Reserve Accumulation and International Monetary Stability (PDF link), presents a stepping stone system toward a fully fledged global currency:
Beginning with a vague recommendation for “voluntary policy adjustments” to be adopted by member states, the chart moves through more and more draconian economic policies toward a long term endgame of a global currency.
The chart also plots “potential resistance” to each stepping stone from sovereign states, with a spike in the short term, followed by a lull, and then a general rise as the move toward a global currency progresses over time.
The IMF’s road to a global currency hinges on a wider use of and eventual implementation of an international monetary system based on special drawing rights (SDR), the IMF’s synthetic paper currency.
Once an SDR-based system is in place, the IMF envisages just one final step to the launch of a new global currency.
The document even gives the global currency a name, the “bancor” after John Maynard Keynes’ proposed, but never implemented, World Currency Unit of clearing.
The following section of the IMF document highlights this:
48. From SDR to bancor. 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. A more ambitious reform option would be to build on the previous ideas and develop, over time, a global currency. Called, for example, bancor in honor of Keynes, such a currency could be used as a medium of exchange—an “outside money” in contrast to the SDR which remains an “inside money”.
Below is a photo I took from the International Monetary Fund Document item # 48
Moving on, when you read the rest of the report from Alex Jones, which I checked out from the original report from the April 13, 2010 IMF document it does say what Alex wrote about, and I have some more photos from the IMF doc for you.
“The document concludes that without a catalyst to create a sudden clamour for globalism, the implementation of a global currency will take time:
It is understood that some of the ideas discussed are unlikely to materialize in the foreseeable future absent a dramatic shift in appetite for international cooperation.
The IMF first touted the possibility of a new global currency in March of last year. The issue was then debated at the G20 Summit in London just days later.
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in Point 19 of the communiqué issued by the G20 leaders led to analysts describing the dawn of a “revolution in the global financial order.”
“We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” The clause stated.
“In effect, the G20 leaders have activated the IMF’s power to create money and begin global ‘quantitative easing’. In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.” Ambrose Evans-Pritchard of the London Telegraph wrote at the time.
“The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.” he added.
The same conclusion was drawn by the Washington Post’s Anthony Faiola, who described how the IMF is on course to be transformed into “a veritable United Nations for the global economy
http://ftalphaville.ft.com/blog/2010/08/04/306346/imf-blueprint-for-a-global-currency-yes-really/
http://www.imf.org/external/np/pp/eng/2010/041310.pdf
http://www.washingtonpost.com/wp-dyn/content/article/2009/04/19/AR2009041902242.html?hpid=topnews
Below you will find more news about leaders pushing for a global currency.
Nazarbaev Circulates His Currency Vision
“Kazakh President Nursultan Nazarbaev has been stumping hard for the "akmetal."
July 29, 2010
Kazakh President Nursultan Nazarbaev appears keen to introduce a common global currency. One way or another. "I continue to insist that the new global economy requires a new global currency," Nararbaev said during a recent economic forum in the Kazakh capital, Astana. He also "continued to insist" on the topic during an informal meeting of the OSCE Foreign Ministers in Almaty earlier this month. In his article, "Keys To The Crisis," published in the Russian newspaper "Rossiiskaya gazeta" in February 2009, Nazarbaev suggested that a common currency could help lead the world out of financial turmoil. Nazarbaev has suggested calling it the "akmetal," a word coined from the Greek "acme" — meaning "supreme" or "best" — and "capital." The Kazakh president says that with the akmetal firmly in place, the term "akmetalism" could eventually replace "capitalism" to describe the world’s dominant economic system. In the past, he has suggested the creation of a common currency for the Eurasian Economic Community, a regional treaty comprising six former Soviet countries — Russia, Belarus, and the Central Asian republics sans Turkmenistan. Nazarbaev is by no means the first advocate of such a scheme. In the 1940s, leading British economist John Maynard Keynes suggested the creation of a common currency along with a world central bank and an international clearing union to manage it. He wanted to call the common currency the "bancor." Keynes’ bancor never materialized, but his idea for world financial institutions eventually led to the creation of the so-called Bretton Woods institutions: the World Bank and the International Monetary Fund. So, despite an apparent lack of supporters for the akmetal, don’t kill Nazarbaev’s idea just yet. Leave it to future economists and akmetalists to decide.”
Prophecy Sign: In Matthew 24: 33-39 we see Jesus give us very specific last days signs to watch for. One of those signs was that our generation would repeat what Noah’s generation was doing. While Noah was warning the people that God was going to destroy everyone with a flood, people turned to homosexuality and away from the Lord. There were many things Noah’s generation were doing that God warned about, but because this issue has popped up in the news again just as I had warned, I want to report on what just happened.
“A federal judge on Wednesday overturned California’s same-sex marriage ban in a landmark case that could eventually land before the U.S. Supreme Court. Chief U.S. District Judge Vaughn Walker made his ruling in a lawsuit filed by two gay couples who claimed the voter-approved ban violated their civil rights. Both sides previously said an appeal was certain if Walker did not rule in their favor.” “
The ruling says "Proposition 8 fails to advance any rational basis in singling out gay men and lesbians for denial of a marriage license. Indeed, the evidence shows Proposition 8 does nothing more than enshrine in the California Constitution the notion that opposite-sex couples are superior to same-sex couples." The ruling does not mean gays and lesbians can get married right away in California. The judge issued a stay to his ruling, pending responses from both sides about whether his ruling should take effect right away or wait until the appeals process has been exhausted.”
Those of us who love the Lord are upset with the ruling because it goes against everything the Lord teaches us in His Word, and we know what the outcome of these will be as you read Matthew 24:33-39. In the end Jesus is going to judge all those people who have turned against Him, and did not receive Him as their Savior. Knowing what Noah warned his generation and seeing what took place as a result of people hardening their hearts to God, I am sad today for those who are desiring to marry in the same sex. I am sad because I know what is about to happen shortly when Jesus removes His Church from this world and all those who followed their own ways instead of Christ’s will be left behind to have to enter the seven year tribulation, unless they repent and turn back to Jesus before the Church leaves. I ask all my Brothers and Sisters not to hate the people who are gay or involved in the lesbian movement for Jesus loves these people and doesn’t want them to parish. Knowing that everyone has to make their own path with Christ we need to pray and fast for those who made the choice to oppose the Word and instruction Jesus has given us. I will say this in closing. If anyone hates these people it is also sin, and by your hate you bring yourself down to the same level with those who oppose the Lord. It is easy to hate someone, but very hard to love someone who comes against you and your Father. I choose love for Christ and all his people. Does this mean we have roll over and play dead because this law was over turned? Not at all. In love, let us continue to spread the Good News of Salvation in Jesus Christ. Preach the Word, and let the Lord Jesus convict those who have turned to the ways of Noah’s generation.
http://www.usatoday.com/news/nation/2010-08-04-california-gay-marriage_N.htm
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I will say this in closing. If anyone hates these people it is also sin, and by your hate you bring yourself down to the same level with those who oppose the Lord. It is easy to hate someone, but very hard to love someone who comes against you and your Father. I choose love for Christ and all his people. Does this mean we have roll over and play dead because this law was over turned? Not at all.