Victoria grant, student speaker, describes how poverty is a tactic and is purposely created by the worlds largest money handlers
There is a triad of monetary powers that rule global money operations:
the International Monetary Fund (IMF)
the World Bank
the Bank for International Settlements (BIS)
Although they work together very closely, it is necessary to see which part each plays in the globalization process.
The International Monetary FundIMF and the World Bank interact only with governments whereas the BIS interacts only with other central banks. The IMF loans money to national governments, and often these countries are in some kind of fiscal or monetary crisis.
Furthermore, the IMF raises money by receiving “quota” contributions from its 184 member countries. Even though the member countries may borrow money to make their quota contributions, it is, in reality, all tax-payer money.5
The World Bank also lends money to governments and has 184 member countries. Within the World Bank are two separate entities:
the International Bank for Reconstruction and Development (IBRD)
the International Development Association (IDA)
The IBRD focuses on middle income and credit-worthy poor countries, while the IDA focuses on the poorest of nations.
The World Bank is self-sufficient for internal operations, borrowing money by direct lending from banks and by floating bond issues, and then loaning this money through IBRD and IDA to troubled countries.6
The BIS as central bank to the other central banks, facilitates the movement of money. They are well-known for issuing “bridge loans” to central banks in countries where IMF or World Bank money is pledged but has not yet been delivered. These bridge loans are then repaid by the respective governments when they receive the funds that had been promised by the IMF or World Bank.7
The IMF has become known as the “lender of last resort.” When a country starts to crumble because of problems with trade deficits or excessive debt burdens, the IMF can step in and bail it out. If the country were a patient in a hospital, the treatment would include a transfusion and other life support measures to just keep the patient alive — full recovery is not really in view, nor has it ever happened.
One must remember that rescue operations would not be necessary if it were not for the central banks, international banks, the IMF and the World Bank leading these countries into debts they cannot possibly ever repay in the first place.
Chronological History of Events Related to the World Bank, IMF, & BIS
The New World Order agenda was again enunciated by World Bank President and and Bilderberg elitist Robert Zoellick, who openly admitted the plan to eliminate national sovereignty and impose a global government during a speech on the eve of the G20 summit. Speaking about the agenda to increase not just funding but power for international organizations on the back of the financial crisis, Zoellick stated, “If leaders are serious about creating new global responsibilities or governance, let them start by modernizing multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.” ... Read More
The Emergency Economic Stabilization Act and Troubled Asset Relief Program (TARP), commonly referred to as a “bank bailout,” authorized the US Secretary of the Treasury to spend $700 billion (actually spent more than double that) of taxpayer dollars to purchase distressed assets, especially mortgage-backed securities (MBS). Instead, the funds were given to foreign and domestic banks to offset their risky MBS, OTC derivatives and other losses. The bank bailout set a precedent of socializing losses but keeping gains private. The Act effectively bound the fate of the U.S. Treasury to that of the largest U.S. financial institutions. The six largest bailed ... Read More
US Sponsored Coup d'Etat in Haiti: An armed insurrection which contributed to unseating President Aristide as a result of a carefully staged military-intelligence operation, involving the US, France and Canada. The 2004 coup had set the stage for the installation of a US puppet government in Port au Prince, which takes orders directly from Washington. Following the destabilization and replacement of the President, the US kept 10,000 armed soldiers there, increasing to 20,000 following the 2010 earthquake, likely a man-made quake. https://www.youtube.com/watch?v=Xl9ZqDhX2c4 by Michel Chossudovsky The Rebel paramilitary army crossed the border from the Dominican Republic in early February ... Read More
On March 10, 2003, the Bank of International Settlements (BIS) abandoned the Swiss gold franc as the bank’s unit of account since 1930, and replaced it with the SDR. SDR stands for Special Drawing Rights and is a unit of currency originally created by the IMF. According to James C. Baker, pro-BIS author of The Bank for International Settlements: Evolution and Evaluation, "The SDR is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries. SDR’s are allocated to member countries in proportion to their IMF quotas. The SDR also ... Read More
Most people believe their tax dollars are applied directly to the expenses of government. An extension of this same belief promotes people’s desire to pay their fair share of the tax burden so we can all enjoy the benefits of living in America. Industrialist Peter Grace and syndicated columnist Jack Anderson formed the Grace Commission in 1982 in response to President Reagan’s “Private Sector Survey on Cost Control.” Two years later, after 161 corporate executives and community leaders directed over 2,000 researchers to investigate government spending, the 47-volume, 21,000-page Grace Commission Report was published. The $76 million study was ... Read More
On April 30, 1975, the Vietnam War ended with the capture of Saigon by Communist forces and the surrender of General Duong Vanh Minh and his cabinet in the Presidential palace. As troops of the People’s Army of Vietnam marched into Saigon, U.S. personnel and the last American marines were hastily evacuated from the roof of the U.S. embassy. Years later a fundamental question still remains unanswered: Who won the Vietnam War? As with all wars, the globalist are the real winners. While communism won in Vietnam, cultural Marxism won in the USA. Remember that even though the US ... Read More
https://www.youtube.com/watch?v=rHWrceNajf4 The Trilateral Commission was formed in 1973, and it is widely perceived as an off-shoot of the Council On Foreign Relations. According to Christopher Lydon, writing in the July 1977 Atlantic, "The Trilateral Commission was David Rockefeller's brainchild." At the time, David Rockefeller was Chairman of the Council On Foreign Relations, having been elected to that post in 1970. David Rockefeller became the founding Chairman of the Trilateral Commission, which consists of leaders in business, banking, government and mass media from North America, Europe, and Japan invited to join by Rockefeller himself. “The Trilateral Commission is an international ... Read More
Carroll Quigley was an insider according to his own words: "I have studied it (secret international network) for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments … I have objected both in the past and recently, to a few of its policies ... but in general my chief difference of opinion is that it wishes to remain unknown, and ... Read More
Prince Bernhard of the Netherlands establishes the Bilderbergers, a group of international politicians and bankers who continue to meet secretly on an annual basis, and the First Bilderberger meeting takes place at the Bilderberg Hotel, Oosterbeek, Holland. Always well represented are top figures from the Council on Foreign Relations (CFR), IMF, World Bank, Trilateral Commission, EU, and powerful central bankers from the Federal Reserve, the ECB’s Jean-Claude Trichet, and Bank of England’s Mervyn King. For over half a century, no agenda or discussion topics became public nor is any press coverage allowed. The few invited fourth estate attendees and ... Read More
After World War II left the world’s financial system in disarray, political leaders and financial gurus met at Bretton Woods, New Hampshire, from July 1-22, 1944, to plan the post-war economic order. Economist John Maynard Keynes and the British government proposed the creation of a world currency called the “bancor,” and the U.S. government proposed a world currency to be known as “unitas.” But for a lot of reasons, mostly American reluctance, the schemes never took off. Instead, the Bretton Woods agreement resulted in the U.S. dollar — its value at the time tied to gold — being crowned ... Read More
The formation of the BIS was agreed upon by its constituent central banks in the so-called Hague Agreement on January 20, 1930, and was in operation shortly thereafter. According to the Agreement, The duly authorized representatives of the Governments of Germany, of Belgium, of France, of the United Kingdom of Great Britain and Northern Ireland, of Italy and of Japan of the one part. And the duly authorized representatives of the Government of the Swiss Confederation of the other part Assembled at the Hague Conference in the month of January, 1930, have agreed on the following: Article 1. Switzerland ... Read More