The past few years many Americans have awoken to the danger of the Federal Reserve Bank. However, the Federal Reserve is only the tip of the iceberg. Most developed nations are now controlled by similar central banks. These central banks are interconnected through a power central bank that serves as a central bank to the world, the Bank for International Settlements.
The BIS coordinates monetary policy for all the major powers of our world. Central Banks in China, America, The EU, and many other nations are all tied together through this largely unknown central bank in Basil Switzerland. They also have influence over the IMF and the World Bank.
The media rarely if ever mentions anything about the BIS. As a result, much of the information on the web about this bank is being perpetuated in conspiracy theories. However, this is not a hard to prove wild conspiracy tale. This is a real bank; it is not a secret organization. The media is just completely failing to report on what may be the most powerful organization in this world. So, from the banks own site and other reputable sources, lets look at who they are and what they do.
The BIS began in 1930. Its main purpose (originally) was to oversee the payment of German war reparations from WWI. One of the founders, Hjalmar Schacht, later served as Hitler’s minister of finance. They were a crucial part of the rise of Nazi Germany in the 1930’s and early 1940’s. As WWII raged, the bank remained neutral funding both sides. Two of the board of directors Walter Funk and Emil Puhl, were later convicted in the Nazi war crimes tribunal. After the war, many nations wanted to see the bank dismantled, but John Maynard Keynes lobbied the governments of the U.S. and the U.K. to keep the bank in tact. The bank was later used to help fund the Marshal Plan. Since 1950 on the bank has been slowly gaining influence in all the economies of the developed world.
In 1997, the Chinese central bank became a part of the BIS. Since that time, we have seen an explosion in Chinese power and influence throughout the globe. Yes, China was already on the rise, but since joining with the BIS, they have experienced almost unlimited growth. At the same time, we have seen the rise of the EU. As we have seen with the recent Chinese bailouts of Europe, the events are not unrelated.
This bank was saved by Keynes himself. Why would he lobby to save this bank? It has been the centerpiece of the global Keynesian economics that have dominated the world for the past sixty years. These people center all that they do around a belief in boom and bust cycles. This is why China is booming, while Europe and America are entering what may be a long bust. This does it does not matter to them; their bank vaults are full of gold.
The Third World
The World Bank is one of the most evil frauds in human history. The World Bank feeds on the misfortunes of poor nations. If a nation has a disaster or a food shortage. The World Bank lends them the money to deal with the crises. Then that country is burdened with a debt, which prevents it from developing. They are locked in perpetual poverty that makes them slaves to the World Bank. Guess who acts as the central bank for the World Bank? Yep, you guessed it, the BIS. Much of the suffering and poverty of the last fifty years is not for lack of technology or resources; it is mostly a product of corrupt central banking.
The Derivatives Nightmare
The BIS is a central player in the 700 trillion dollar derivatives market. This is a market based on imaginary assets that never did, and most likely never will exist. The derivatives market is greater than the GDP of the entire global economy and it is severely over valued. If you thought the result of the housing bubble were terrible, wait until the derivatives bubble bursts. It has the potential to bring the economies of the world crashing to the ground. Does Cloward and Piven come to mind?
I am certain that this is where much of the Fed’s money is going. It would explain why they are fighting so hard to hide their books from the public. I think we would also be shocked to find out how much influence the BIS has over our monetary policy. Many of us fear and resist U.N. influence, yet, we are already being influenced in a much more profound way by an international bank that is accountable to no one.
Over the past month, I have been studying the BIS and how it works. This past week I have been discussing it with several of the more informed people I know, most of them had never even heard of the bank. This may be the most powerful organization in the world and the media hardly mentions its existence. We need to inform everyone we know. This is an enemy greater than all the terrorist organizations combined.