There’s a certain kind of insanity going on here. The US government official unemployment rate sits at 4.9%. We should be having parades. Obama for Monarch! It’s an unheard of low rate. Only there’s just one little problem. It ain’t exactly so. In fact it ain’t even close to so. There are nearly 95 million Americans not in the labor force. That’s around 2 million more than October of last year.[i] They’re not participating. In fact the labor participation rate has been hovering in the 62% range. We haven’t seen numbers like that since the halcyon days of the Carter presidency. So if you don’t work and you’ve given up – you’re not counted in the equation. So if you’re not working – and you’re not on unemployment – you’re not officially unemployed. So we have….using this secret magic formula – Full Employment! It’s incredible. The man’s a genius. It’s so easy to reduce the number of unemployed – if you just don’t count them at all. Why didn’t we think of this earlier? We could have eliminated the entire Great Depression by just ignoring the breadlines.
The Shadow Stats graph that follows shows the real unemployment rate – (the one we used to count) – as opposed to [ii]the cooked way of obtaining numbers that we use now.
However, the unemployment picture is just a symptom of what’s really going on. According to many analysts we’re about to see the unfolding of an engineered maneuver that will change the balance of the economy of the entire planet. We will lean on James Rickards of The Daily Reckoning and Business Insider to help us understand what is about to take place.
He starts off with a forceful claim. “The next five weeks will mark one of the most significant transformations in the international monetary system in over 30 years.” What’s that got to do with we little fold? Well just about everything. As Americans, we’ve been living on the power of the dollar to attract other people’s money for some time now. The deals that Nixon and Kissinger made with the Saudis back in the 1970’s forced nations all around the world to trade for oil only in dollars. And so everyone bought dollars. And average Americans began using – and borrowing against this windfall – to a degree that far exceeded their ability to pay off the debt. But there’s more.
As Rickards points out, the financial monetary system was being manipulated by the Powers-that Be. The manipulation happens just about any time that the folks in charge want it to. “At the Plaza Accord, the top financial officials from the U.S., U.K., West Germany, France and Japan agreed on Sept. 22, 1985, to devalue the dollar. The dollar plunged 30% in the next two years.” Two years later another meeting was held to halt the dollar decline. And would you believe it? The dollar stabilized. “It’s a mistake to believe the dollar’s value is set by market forces.” There were many other instances of this sort of manipulation. The Smithsonian Agreement of 1971 agreed to devalue the dollar – and it did. The abandonment of the gold standard by Nixon in 1971 brought about a 95% decline in currency value when measured against gold – in just 9 short years. Then there was Breton Woods which enshrined the US as the world’s prime economic power in 1944 and the “sterling crisis of 1992 when George Soros broke the Bank of England.” There are more examples – but let’s not belabor the point. International finance is a ‘worked’ market. We are now set again for another manufactured sea change.
The PTB have determined that it’s time to move out of dollar dominance and into something else – that being SDRs or Special Drawing Rights. Now SDRs have been issued before; first in the 1970’s and once again during the financial crisis of 2008-2009- to ‘test the plumbing’ as it were. Well the plumbing it seems, works just fine. Now the IMF (International Monetary Fund) has been preparing the way for “massive new issuances” of SDRs. In 2011 things really started getting serious. It was then that the IMF “issued a master plan for replacing the dollar with SDRs. This included the creation of an SDR bond market, SDR dealers, and ancillary facilities such as repos, derivatives, settlement and clearance channels, and the entire apparatus of a liquid bond market. In November 2015, the Executive Committee of the IMF formally voted to admit the Chinese yuan into the basket of currencies into which an SDR is convertible. In July 2016, the IMF issued a paper calling for the creation of a private SDR bond market…. In August 2016, the World Bank announced that it would issue SDR-denominated bonds to private purchasers.”
Then beginning on September 4th, the G20 met in China, “under the leadership of President Xi Jinping.” Before the meeting Rickards wrote: “In this meeting, other world leaders will metaphorically kowtow to the new Chinese emperor and recognize China as the co-head of the global monetary system alongside the US. On Sept. 30, 2016, at the close of business, the inclusion of the Chinese yuan in the SDR basket goes live. On Oct. 7, 2016, the IMF will hold its annual meeting in Washington, D.C., to consider additional steps to expand the role of SDRs and make China an integral part of the new world money order.” [iii]
So does that mean, as some are reporting, that the sky will fall on September 30th? Probably not. But Rickards believes the next few years will see transnational organizations like the UN, the World Bank and the IMF acquire SDRs in massive amounts for international projects such as climate change. His conclusion: “Thereafter, the international monetary elite will await the next global liquidity crisis. When that crisis arrives, there will be massive issuances of SDRs to return liquidity to the world and cause global inflation. The result will be the end of the dollar as the leading global reserve currency. Based on past practice, we can expect that the dollar will be devalued by 50–80% in the coming years.”[iv] You see, the elite, not even our elite, have any loyalty to the United States, to its citizens or the dollar that supports the middle class way of life here. That is why there is such a push for us to become ‘Citizens of the World.’ It’s all part of the plan to create the ‘Beast System.’ “All inhabitants of the earth will worship the beast–all whose names have not been written in the Lamb’s book of life, the Lamb who was slain from the creation of the world.” (Rev 13:8) (NIV)
[i] Mac Slavo, Trumps Labor Day Message, September 5, 2016
[ii] John Williams, Shadow Stats, September 2, 2016
[iii] Image: USA IMMINENT Economic Collapse!, Youtube, December 29, 2014
[iv] James Rickards, Here’s a timetable for the dollar’s demise, The Daily Reckoning, Business Insider, September 7, 2016
John Maynard says
We need to talk face to face. You have some information that is not quite right.
Robert Palaszewski says
Thanks for reading John Maynard. I’d be happy to hear your input. Just email it to me – with your sources – at rob@atpministry.com