IRAN DITCHES US DOLLAR IN FOREIGN TRADE TRANSACTIONS
Bytuteditor
Jan 25, 2015
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Great. We need equilibrium. It is time for other currencies to enter this ‘world market’. Monopoly is never good.
Justin Yifu Lin, the former World Bank Chief Economist, blamed the dominance of the US dollar for global economic crises and said it should be eliminated as the world’s reserve currency. According to Lin, the solution would be to replace the national currency with a global currency.
Okay, but who would have the authority to create and issue a global currency?
At first glance it may seem that various nations’ central banks could cooperate to create and issue such a currency, but that’s not realistic. What’s to stop any one nation from creating and issuing all the currency it wants? For any unified monetary system to work, it must have a central authority. That’s just how it is. And when a central authority is outside a nation, the nation becomes at the mercy of the central authority.
A disastrous example is the euro-zone, whose central monetary authority is the Troika (EU, ECB and IMF). The twenty-five states that use the euro can no longer create their own currency. They are at the mercy of the Troika, which is grinding the euro-zone masses into the dirt. The only exceptions are nations that have trade surpluses like Germany. Indeed the euro allows Germany to suck the other nations dry, like a vampire. That is why the ECB is located in Frankfurt, and why Germany is always the loudest voice in defending the euro scam, and in scolding Germany’s victims. The euro is one of the greatest scams ever invented for widening the gap between the rich and the rest.
All empires control their subjects via two means. [1] They maintain huge armies [2] They control the currency. The Roman Empire issued coins, and enforced the usage of those coins. Average people had to use Roman coins in order to do business. Since Rome could create all the coins that Rome wanted, Rome was able to buy the world. Later it was the British Empire with the British pound. Nazi Germany got most of central Europe to use the Deutschmark as its currency. Now with the dollar the USA can create as much money as it likes, out of thin air. And since the dollar is accepted worldwide, the USA can buy the planet. Likewise the Troika can create money out of thin air, or withhold it, giving the Troika (and Germany) supreme power in Europe.
If we dump the dollar, then what will replace it? A so-called “basket of currencies”? Who will control the basket? Will we all cooperate? That’s a fantasy. The control of currency yields so much power that either one party must have that control, or else there will be constant wars for control.
No “declaration of human rights” specifically addresses money. That is intentional. We say that, “All people have the right to pursue life, liberty, and the pursuit of happiness,” but the elites do not say exactly what that means in monetary terms. The elites make sure that this question is never answered, so that they can control the money, and therefore have supreme power.
SO WHAT’S THE ANSWER? The first step is to dispel mass ignorance about money. What money is, how it works, and where it comes from. Few people have any idea about this, even though they depend on money almost as much as they depend on food and oxygen. Because of their ignorance, they are slaves to the rich.
The second step consists of moving from the current tyrannical system to “informal value transfer systems.”
Explanation…
Iran has not used the dollar as its main currency of foreign trade since 17 March 2012, when the international SWIFT system kicked Iran out of the global network.
SWIFT (headquartered at La Hulpe, Belgium) did this in obedience to the Jews and the U.S. Senate Banking Committee.
Therefore Iran uses a global network of black market currency exchanges. Economists call these “informal value transfer systems.” The network consists of non-bank financial institutions or other business entities whose primary business activity may not be the transfer of money. There is a web of shadow banks and moneychangers that have barriers and aliases to conceal the transfer of Iranian money. The USA constantly tries to chase them down, but it’s a cat and mouse game.
The system operates on trust, not on police or armies. Anyone in the system who defrauds anyone else will be permanently out of business. This is truly a “free market” system, whereas the regular system (which claims to be based on “free market” principles) is tyrannical, saturated with fraud, and dependent on controlled markets.
In the Middle East this informal network is known as hawala. (literally “trusted transfer”). In India it is called hundi, in China fe ch’ien (“flying money”), in Thailand phoe kuan, and in South America the Black Market Peso Exchange
US sanctions have now forced Venezuela into using these “informal value transfer systems:” (i.e. using black market money changers).
There’s only one group that can and will issue a global currency which will be digits only and that’s the Rothschild cabal.
Iran dumping the dollar is excellent. The US Currency is not sovereign but in the control of the Rothschilds,US Federal Reserve (See :The End Of Sovereign America : Real Jew News.Com-You Tube),and the source of International Jewish Power. The US Dollar,before the US Federal Reserve,was sovereign ,and so was the Mark before WW1,and the Reichsmark,between 1933,and 45. Germany today,is naturally powerful economically,as was true since the nation was created in 1870,this bumped them against ‘The New Israel.’The British Jewish Empire;which had them always under the gun. Both World Wars,declared against Germany 1914-1939,to destroy this threat to International Jewish Power. (see: Ben Freedman warns America About The Jews 1961 :You Tube),when German money was SOVEREIGN ,(of course people wanted it ,in Central Europe) in the Reich era,,along with Nationalist Japan,and Italy,that became a deadly to the Jews;as theAXIS, nations had huge economic growth ,during the World Wide Depression,despite boycotts,treaty restrictions,and the British owning the world -500 million people ! (see :THE NATIONALIST SOLUTION TO MONEY : Real Jew News;You Tube)… The difference today is Germany,the powerhouse of Europe,is not a free nation,but Jewish Occupied. It must watch itself ,and not make any false moves,or the Rothschilds amd allied Jewish banks will come down on it. In the early 2000’s I watched Germany straining to go free.They ,with France,opposedIraq War 2. No longer. There Polish Chancellor,Merkel is wholly a Judaic Construct. Iraq,under Saddam,Libya,under Quaddafi,and now Iran isunder threat over what we all need-MONEY. Putins Russia is under threat because he is a ” State Capitalist”, (Fascism-that ‘bad word’) ,and payed off Rothschilds,and the IMF,a decade ago. He has state run banks..a no-no! All is about who runs the MONEY. The term ‘INTERNATIONAL BANKER’,refers to (the Jews),who finance NATIONS;setting up Central Banks,which govermants,go into debt for. The US Constitution,stipulates the ‘Congress controls this’. But this power was delegated to the US FED (Jews) in 1913. The USA was under the gun ,by Rothschilds England before that time -this is forgotten history. If Iran/Russia/China,and others can move away from the dollar,the Jews will be be going down ! MONEY IS THEIR WHOLE SOURCE OF AUTHORITY. It is very simple inded. See:JUDE SUSS 1940 :You Tube. Study it ! It had a 20 million ticket box office in Europe ,and was required watching for the German Police ,SS.
Excellent analysis
Thank you all for your comments and analysis. Great.
This is the toughest blow to the American economy… This is one of the major reasons that US attacked Iraq; because Saddam Hossain was going to use Euro instead of dollar in his foreign trades….
Babylonian and Their Love of Money/Saturn Death Cult’
Eight thousand years of lies must fall apart!! Humanity have been lied conned cheated, tricked archeologically, historically, everything has been corrupted under Babylonian the whore the harlot Nimrod & Ishtar enterprises of financial pimps whose almighty god is money’ that is money is the god of the jews ‘ u have so much u r worth so much’
Babylonian the whore has corrupted, education, schools, religions, families, customs, with especial hatred, deeeeeeeep hatred to the youth’ the youth are the future of the world, they have been destroyed by Babylonian, babel empire of fiat money system that is leading humanity towards destruction!!
LOVE PEACE BEAUTY, WELLNESS, HARMONY ON EARTH’ DEEEEEEP LOVE FIRST AND FOREMOST AND TRUTH ON EARTH!!