http://www.youtube.com/watch?v=Ki4cqqMZ7JE&feature=player_embedded http://www.zerohedge.com/article/guest-post-economic-consequences-“new-world-order” There it is folks, straight from the horse's mouth.
Mike Maloney's Article http://goldsilver.com/video/soros-t...ine-of-the-dollar-coming-global-currency-(2)/
All I can say is that it's just a shame serial killers target people from low socioeconomic backgrounds.
Since its openly discussed by Soros, implication is that it is too late to do anything to prevent it from occuring.
I just watched the YouTube video of the interview and thought George Soros put forward some of the most sensible arguments I've ever heard. I agree almost completely with what he said. China doesn't give a toss about the IMF because its rigged by the Americans. The whole "world reserve currency" (the USD) is rigged by the Americans. Why on earth would China want to de-peg their RMB from the USD when keeping it pegged there allows them to play the same game as the Americans do? Both currencies are manipulated by their issuing governments, but keeping the yuan pegged to the dollar means they're at least both playing by the same rules. Having the dollar as the "world reserve currency" simply means the American's get to export their debt more than anyone else can. How is that a good thing for anyone except the Americans? Okay, so a rapid transition to a more equitable reserve currency like the Special Drawing Rights (which Soros mentions) would crash the United States and take everyone else down with it, so a more lengthy transition through a slow decline in the USD would be preferable and give everyone time to adjust. He then talks about the "cost" of using SDRs which, he explains, can be paid for with gold (a hard asset) which is then distributed to the world's most poorest countries as aid, essentially creating a tax on rich countries who inflate their currency to the detriment of the poorer ones. Soros finishes up by saying what many people already believe: the current fiat system is buggered and we need to develop a new system for the world's financial system to operate under and it's going to happen whether the Americans like it or not. Obviously it would be better for them if they stopped pretending they're the most important country in the world and helped make the change an orderly one, but China and everyone China trades with is going to press on regardless so the Americans can either be part of the problem or part of the solution. Seriously guys, if this is the New World Order, bring it on.
Just a quick follow up to illustrate the implications of Soro's argument. Many people in Australia are worries about the strength of the Australian dollar since a high AUD (against USD) hurts our exports (because foreign buyers can't get as much of our stuff but we need to pay the same amounts for local inputs, like wages). This is the 12 month chart for the AUD-to-USD: http://www.xe.com/currencycharts/?from=AUD&to=USD&view=1Y This is the 12 month chart for the AUD-to-XDR: http://www.xe.com/currencycharts/?from=AUD&to=XDR&view=1Y Tell me which one shows a more gradual, orderly increase in the Aussie dollar's value and which one says "Oh shit, all our stuff just got really expensive for foreign buyers".
...with the new SDR model, is it proposed that the USD be included in the basket? sorry i don't completely understand this concept, any good articles on the SDR and how this is proposed to work with the demise of the USD?
The IMF has section on their website about SDRs here: http://www.imf.org/external/np/exr/facts/sdr.htm Essentially, the SDR is an artificial currency (well, more artificial than every other fiat currency) that is created by making a "basket" of other currencies. A rise in one currency contained in the basket is offset by the fall of another currency in the basket. The trick is in finding the correct balance between the amount of each currency that makes up the basket since the aim is to find an equilibrium so that you can measure the worth of each currency objectively. The alternative (the current system) is that currencies are measured against one another, which is kind of pointless because is means the value of each currency is subjective and based on its relative worth against every other individual currency at any given moment. Its very similar to a stock market index which provides an average benchmark to compare individual stocks against.
Soros (and other hyenas) were very well aware about the IMF being rigged, and American manipulation, and SDRs and USDs before, so where were they than?! Only now are they coming out and speaking the "truth" and trying to be 'honest' and crap. Soros helping or caring about the poor in Africa haha Auspm cares more about IP investors than Soros about African children! The reason why they are speaking about such matters NOW is because the US is now under attack by them, the NWO needs to abolish sovereign powers and they are attacking the US, they themselves want to destroy the USD and bring about NWO, and no NWO unless the USD is destroyed.
George Soros has always been very open about his views on the international financial system and you can make a very good argument that he has personally contributed more towards making the world a more open and democratic place than the United States has with the backing of its military machine. I really wish people would get over this whole "an attack on America is an attack on freedom" line of thinking. We're talking about the country that gives you a choice between being irradiated or being sexually assaulted just for the privilege of entering its boarders remember. The USD deserves to be attacked because there is no good reason why one country should be allowed to control the world's reserve currency. You think people use the USD because they like America? People use the USD because it is backed by the American military which means, on a practical basis, that you either use the USD or they send their troops in to f*** you up (for examples, see: the Korean War, the Vietnam War, the incursions into Cambodia and Laos, messing around with virtually every country in South America you can name, the first Gulf War, the Second (ongoing) Gulf War, Afghanistan, anything to do with Israel, anything to do with anybody near Israel and...the four decades of the Cold War where America went head to head against the Soviet Union in a game of chicken with nukes). America prints money whenever it likes to pay for whatever it likes and then exports it so they don't have to deal with the problem of inflation that would occur if the money was used domestically. There is more physical U.S. currency outside of the U.S. than there is inside it, so just returning American dollars to America, dollar-for-dollar, means Americans would get a 100% increase in the physical currency they deal with every day. Try increasing the physical amount of cash available anywhere else and see what happens. Then try increasing it again. Ten-fold. Only 10% of the American dollars in circulation are actually physical currency, so after you inflate the physical currency by 100% you can whack an extra 1000% on top of that for the imaginary money that America issues by swapping some 1s and 0s on a big computer somewhere. They can keep doing that as much as they like and, get this, people give them practical, useful, real stuff in exchange for those 1s and 0s that they just conjure into existence. Yeah, jeez, what a great system. Why one earth would anybody want to get rid of it for something that gives the rest of the world a bit of a say in things?
Big A.D. I agree with what you have written. i find it strange that it has become fashionable to dislike/hate/criticize USA, and it is the same USA that was loved and envied by the world 10 years ago. (it was printing monopoly money back than, it had military bases back than, etc etc ) Soros a philantropist ?! - he has killed and pillaged his own in 1944 ( probably where he got his starting capital ) - and if he can do that to Hungarian Jews than Americans or Africans would a piece of cake. " an attack on america is an attack on freedom" i didnt say it like that nor do i mean that !
Oh, jesus christ, not the NWO thing again! It's a phrase guys, used many times throughout history. What, you think they all get together in a smoky room somewhere plotting how they are going to take over the world?? Get real! People act in their best interests. The Bretton Woods system is breaking down and there is maneuvering amongst various players around the world as to what the new system should look like. Do we want another reserve currency country or do we want a global currency? Fiat or gold? This is all the things being debated at the highest levels. Seriously, you need to get over this conspiracy New World Order rubbish. It's just a phrase!! Everyone has there own ideas about what it means and it's been used throughout history. It is not a big conspiracy!
Of course its not a conspiracy ! - its a fact! Hey when billions are at stake why wouldnt they be meeting up in a smoky room and plan? People in power have ALWAYS done that, its the most natural and logical step. and issues that are debated at the highest level will not be honestly reported to the populace - they never have been.
and Soros hesitates when he says the words 'N....WO' because he's aware of how that phrase is interpreted. I agree that the UN is a dangerous bunch of ratbag unelected bureaucrats totally insulated from the real world - much like FIFA and Olympic officials actually and about as 'approachable' as Les Patterson would say. And I think the collection of nasty pieces of work over at the unelected IMF are similar officials feted by big business and with zero concern for human life, but it's greed doing the conspiring not individuals.
remember the classic line from the Vietnam war: "It became necessary to destroy the town in order to save it" They've saved quite a few towns since then.
It has been used a lot in the 20th Century, thats for sure! The thing is there probably will be a new world order, funnily enough the order of things change regularly... however it is my belief that they are generally not carefully planned and executed. And this is a game of nations and not non-state actors- they can exert influence however. You see we have been living in a very unique time for the last 20years. Not since the height of the Roman Empire has there been one ultimate power (even the British Empire had nations close behind it), a 'Hyper Power' if you will. When the Soviet Union collapsed, leaving the US alone at the pinnacle, some academics, primarily Francis Fukuyama called this moment the 'end of history'. He basically claimed that Capitalism and democracy represented the perfect system, and the battle of ideologies was now over. (counterpoint to Fukuyama is 'The clash of civilisations' theory championed by Huntington- I identify more with this) I think anyone who thinks it through carefully will see that there has not been a halt to ideological struggle, or an end to history- it has merely taken a while for someone who is able to challenge the strong position of the US to come along. There will be a new world order, however no one will have ultimate control of what that order is. There are those who would like a new economic order and they will work on that, but there will be others who desire something different entirely working against them. Every single player in this game wants something different, and there will be a struggle over who will be in the strongest positions once the dust settles. So in short, interesting times are ahead as a new struggle is upon us. My grandparents saw the struggle betweenWestern Liberal Democracy (WLD) and Fascism, my parents lived through the ideological battle between WLD and Communism........... Who is the next challenger for WLD? (which is very nearly socialism now anyway).
Um...Ten years ago people loved and envied the United States so much that some of them flew aeroplanes into two of the biggest symbols of America's international trading power and the main headquarters of its military. A lot of people (like, a lot of people) have been pissed at the United States for a very long time and they especially don't like the fact that they have to use America's currency to get anything done. Is it too early to Godwin the thread, or can we discuss the role of the Sonderkommandos in Hitler's Germany? Or the views of the American Ambassador to the United Kingdom? (Guess who it was). Or the association of American banks with financing the Nazi regime? Or the vast sums of money American corporations made selling stuff to the Germans that were used to enable the Final Solution? (I mean, enacting a big policy like that was a difficult job. Luckily for the Nazis, a company called International Business Machines was able to provide IT solutions to make the whole process more efficient). Okay, that's fair enough, but there are plenty of people out there who do have that attitude. Many of them live in America.
You'll have to be a bit more specific. Are you in the crowd, that think's it's some big conspiracy out to get us all, ala Alex Jones and the rest? Or are you one of those who realises it's just a restructuring of power going on in the world, the like of which has happened many times through the centuries going right back to the Roman Empire?