In any modern discussion of Imperialism the onus is almost always on times past. In other words, Imperialism was something those evil British white people (in their funny costumes) used to perpetrate before Democracy re-established itself to bring on a Second Renaissance of cultural and economic liberation for the common man. Of course this perspective is based on a glaring illusion.
Yes, Imperialism emerged out of the middle ages during the 16th century with Great Britian eventually coming out on top. But that is hardly the end of the story. The world felt directly the force of British imperialism because it was confrontational in nature. However, in actuality the time we live in now is by far more imperialistic with greater wealth disparity that has been created, not by any free market, but by managed and manipulated trade, and domestic monetary policies. This needs to be understood now more than ever because the world is about to enter the most imperialistic time period in human history, in part by adopting a Global Reserve Currency.
"The Bank Wars"
The first thing that needs to be understood is “Why did European countries begin engaging in Imperialism in the first place?”
Did some greedy king one day decide that he did not have enough wives, or foreign delicacies, or timber and then ordered troops to go terrorize some indigenous people in some distant land to satisfy his royal fancy? HARDLY!
The middle ages were marked with what I will refer to as “normal wars”, or small wars over border disputes or civil wars between warring dynasties (normally when a clear heir was not put in place by the previous Monarch). Europe did not begin engaging in any real imperialism until FRACTIONAL RESERVE BANKING took effect. There is hardly the opportunity in this article to detail all the dynamics of this financial deception. And I know the average person will mentally check out (possible even bemoaning to themselves “BORING”) when they start to hear financial terms discussed, but this idea of fractional reserve banking has caused more war and death than the invention of the Atomic Bomb. Families are torn apart because of it; our food is being corrupted because of it; the thought process of the average person is being crushed because of it; vast sections of the world are in a state of near starvation because of it; and everyone is up to their eyeballs in debt because of it.
To keep it simple fractional reserve banking is basically the ability for bankers to create money out of thin air. The money we have today does not represent gold or some other real asset like it used to. It is just a piece of paper that the bankers can print as much of as they like. In addition to fractional reserve banking, in almost every country of the world there is a central bank (the bank that has the right to authorize the printing of new money – like the Federal Reserve in the United States). All these central banks are either owned or at least controlled by a handful of powerful bankers. So the Federal Reserve, for example, is not part of the government but a corporation whose stock is owned by bankers (many of them foreign to the United States). As the saying goes “The Federal Reserve is about as Federal as Federal Express”.
So in the 1600’s (after a few hundred years of individual banks issuing pieces of paper for gold they didn’t have) the bankers smartened up and basically said to themselves “Instead of issuing paper certificates from our bank that people could come to us and try to redeem for Gold, wouldn’t it be better if we could print money that had the countries seal on it and people thought was printed by the government?”
See before that if people lost faith in their bank they would take the paper promises for real gold they issued and bring them in for redemption (before the bank went bankrupt). This limited how much fake paper money the bankers could issue because they feared mass redemption. Since entire nations don’t regularly go belly up, the bankers used the stable image of the nation to fool people into accepting paper money.
Sound Money?
To make matters worse, these bankers would not just print money, but then they would “loan” the money back to the government at interest. So, now the bankers had a huge motive for the government to go into debt. See, the bankers flush with cash would buy up legislators in a countries parliament with campaign money (and other dirty money for sure). Then they would get their bought legislators to get the government to spend vast sums of money on wasteful endeavors, such as wars and costly public projects. Of course the government never wants to directly tax people for these projects because that is unpopular. The taxes came for sure but there is a limit to what they could tax people. It is much easier to turn to the bankers who can print the money (thereby stealing money evenly from the public through inflation which is not immediately felt).
So they went to the bankers who would print the money and the exchange goes like this. The bankers give the government the money to spend wastefully, and at the same time the government gives the bankers an IOU or bond saying the taxpayer will pay them back with interest. Imagine having the ability to print money like that. Most people are happy to get 4% interest in a CD, or by buying stocks or bonds, and that is on money we actually earn. The bankers could print the money out of thin air and loan it to the government at interest. Amazing! Of course, I am drastically simplifying this at the moment but the principle holds true.
THERES THE RUB
So now that the bankers were given this ability to print money endlessly did they print like crazy to the point that the public rejected the phony money and it lost all its value? Well no, they were smarter than to do that. They want the illusion to continue so they would bring the currency back and forth from the brink of collapse only to save it by cooling off on the printing (I mean even they need a break now and then to count their piles of stolen money).
But the hunger of the bankers to print ever more money was strong but they wanted a way to print like crazy and still have the money hold its value. But that’s kind of like saying you want to eat like a pig, not exercise, and still be in great shape.
Unfortunately, while your body has defined limitations bankers are always finding ways to further manipulate money and other “financial instruments”. So the question arises: how can you drastically increase the supply of money without destroying its value? The answer is quite simple: like any other market commodity increased demand can stabilize the price or value of something that has increased in supply.
While you are soaking that in, you can ask yourself “how can you increase the demand of a country’s money?” Well you need to find homes for it outside your country. If you can imperialize another country, open up the market under conditions favorable to investors in your home country then they will pour money into the new markets. More importantly you get the money out of your home country, thus hiding the inflationary printing of the money.
It is no coincidence that inflationary paper fiat money and imperialism arose in the same time period in Europe. As long as there is paper money printed by privately owned central banks imperialism will keep increasing.
And it has. Many text books and reference works refer to the last vestiges of imperialism ending in 1914 C.E. with the outbreak of WWI. Nothing could be further from the truth. After WWI the League of Nations was set up supposedly to keep any future wars from breaking out and to establish world peace so everyone can hug each other singing “we are the world, we are the children”. In actuality, its purpose was to set up its Economic Council which induced League of Nation members (especially those on the losing end of the war) to stock British Pounds (instead of actual gold) in their central banks. This was called the “gold-exchange standard” and it allowed Great Britain to still print and spend pounds like crazy and still have the pound hold its value (because they would float to other countries and stay there – not increasing supply in England itself).
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No Peace
Sounds great for Great Britain but this came at the expense of the dominated nations that agreed to pretend these paper bills were equal to their face value in gold when they were not. This equated to nothing else than a transfer of wealth from the world’s nations to Great Britian (and the US actually but that is complicated). Now you can understand why England “appeased” Germany as they started to welch on the payments they had to make to pay back for WWI. See, as long as England could keep their pounds stored in central banks throughout Europe they were happy and did not want to upset the apple cart. Incidentally, while this program exploited the League of Nation members most of their leaders were not too bothered by it, because they still had access to inflationary money. See, as an example, let’s say Germany wanted to print 10 marks. Before the WWI (since they had a central bank) they would need to have 10% reserved in gold, 1 mark worth of gold. Under the Gold-Exchange system they would hold 1 mark worth of British Pounds instead. So the local politicians were satisfied with storing British pounds and getting access to inflationary money. This is what prevented them from taking the Pounds back to England for Gold Redemption. See if they redeemed 1000 Pounds that would take 10,000 Pounds worth of German Marks out of circulation in Germany because of the relationship of circulated money and money reserved in the central bank.
With WWII the system broke down and out of the ashes came the United Nations, which was really set up to establish the Bretton Woods financial system. Basically it was a remake of the Gold-Exchange Standard but this time the US Dollar was the reserve currency of choice. This is one of the main contributors to the relative prosperity of the United States in the 1950’s and early 1960’s. Excess dollars were being printed but the inflation was not being felt at home because neo-imperialism made sure the dollars not only went abroad but stayed there.
Even as the dollar as the reserve currency of choice is crumbling, China and other countries have huge reserves of dollars that they have been induced not to dump onto the open market. But they are getting restless and a Global Reserve Currency that is a composite of the following currencies is being floated to replace it: British Pound, US Dollar, Japanese Yen, Euro, Saudi Arabian Riyal, Indian Rupee, Chinese Yuan.
The end result is that demand for the dollar will wean, as it has been since the Euro and Yen have been gaining status already. For the other currencies listed demand will increase and wealth will be transferred to those countries from basically any other country on the planet that will be forced to stock this common currency. Mind you the Dollar, Yen, Pound, etc. will not be going away. The Global Currency will not actually replace the individual currencies, but a global bank (they will probably use the Bank of International Settlement in Bassel – possibly in conjunction with the IMF, think IMF = Treasury and BIS = Federal Reserve) will set the exchange rates so that the basket of currencies inflate together evenly. Every other country will suffer. India will become dominate in sub-continental Asia, Saudi Arabian will make their dominance in the middle east permanent, Europe will dominate Africa like never before, Japan and China will be master over the rest of Asia, and the United States will keep its dominance in the Americas while somewhat taking a step down.
United We Stand To Rob The World
However sometimes it clouds the issue to speak of Nations as distinct entities. Great Britain in general will not benefit, nor will Japan and the other dominate countries – in the sense that a pimp doesn’t truly benefit from his exploitation of prostitutes. What would truly benefit everyone is for them to return to sound money, which is not based on debt. As long as debt is tied to the money supply domestic policy will include wasteful and manipulative spending and taxation.
Also, as if national central banks were not bad enough, a global bank owned by offshore bankers will be even harder to stop. Recently there has been increased pressure to audit the Federal Reserve, which they oppose with all their might. The audit will not go through but the Bankers do not like to have to answer tough questions in congressional hearings. With the dollar being king, one country could turn on the Bankers (as JFK tried to do 5 months before he was assassinated with Executive Order 11110) and interfere with their operation. With the super power broken down and the power divided among about 8 nations it is much easier for them to manipulate the power from an unseen seat of power. No one President or Prime Minister will be able to oppose them because the financial regulatory power will have been handed over to a global private bank.
This wont happen overnight. They are just introducing the idea and they are giving lip service to the dollar as the worlds reserve currency in Pittsburgh at the G-20 meeting. What that ignores is that the Dollar is already sharing reserve status with other currencies. See they talk about doing things when they are already half way towards accomplishing it. That is evident in Exhibit A:
Exhibit A - Ground Work for Global Reserve Currency Already Laid
The global bank is at the center for the push for World Government, which will make it so no corner of the earth is out of the reach of a few bankers that are more powerful than any king or emperor from the history books. Do you think you have seen world hunger? Do you think you have seen atrocities? Have you seen genocide, corruption, wealth disparity, and fighting over scarce resources? Just you wait!
By
Jordan Kaufman
Jordan is host of the Las Vegas based radio program Corruption Radio, on KDWN 720 AM and is editor and contributor of CorruptionRadio.com
Send Jordan your comments at Jordan@CorruptionRadio.com (VM: 702-560-1948)
