BIS Head Admits Central Bankers Are Counterfeiters!
In this report I cover the early market action from London on Friday, July 6th, 2018. I look briefly at the precious metals, the stock market, the dollar and the oil price.
Today I talk about a recent interview given by the General Manager of the BIS, Agustin Castens, to the Basler Zeitung in which the head of the Central Bankers' bank bashes crypto currencies. In this interview he says that even Isaac Newton tried to create gold or money through alchemy but failed and that young people nowadays should stop trying to do the same with cryptos.
What Mr Carstens forgets to admit is that today's Central Banks are also involved in the same fraudulent activity of trying to counterfeit money or gold with their fiat paper. The head of the BIS, though, says that counterfeiting always fails so unwittingly he admits that our current fiat money system is a failure and will eventually fail.
One of my conclusions is that the BIS and the central banks manipulate the price of gold in order to keep their counterfeiting activities from being exposed as in a true free market the fiat price of gold and silver would expose their crime.
"The Tower of Basel" by Adam Lebor: https://www.amazon.co.uk/gp/product/1610393813/ref=as_li_tl?ie=UTF8&tag=maneco64-21&camp=1634&creative=6738&linkCode=as2&creativeASIN=1610393813&linkId=416e85b11db2014ca8658faa39b7c8aa
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Thanks @timuann!
welcome sir @maneco64
Who invented the paper money? Old people or young? He like money without asking himself that question.And what thing was being used then that was replaced by fiat money. What if those early people refused to accept those paper on very invented time, would Mr Carstens be the head of the central or any bank today?
Who told him that money invention is over? And what if that young generation think paper money is out dated form of payment? Mr carstens cannot stop changes of anything. There are alot of normal questions to ask him until he understands the changes .
Thank you for sharing!
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Thanks @anikearn.
Thanks for sharing informative news.
keep it up.
Seems like this is a hot topic these days!
I made a post too:
BIS vs Crypto...
This quote comes from Tragedy and Hope by Carrol Quigley (mentor to Bill Clinton) "The powers of financial capitalsim has a far reaching plan, nothing less than to create a world sytem of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the syste was to be the Bank For Interantional Settlehments in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank ... sought to dominate its government by its ability to control treasury loans to manipulate foreign exchanges, to influence the level of economic activity in the country and to influence cooperative politicians by subsequent economic rewards in the business world."
Incredible that this was written so long ago.
Banks sure do, I mean actually the way they are allowed to lend out 90 percent of a loan off your signature, well it’s just plain crazy.
A person that walks into a bank and signs a loan for a 100,000, the bank now can loan out 90,000 out of thin air, it cannot continue forever your right.
Funny how he doesn't mention that part eh?
Sir, do you work in the bank or do you work on the stock market?
Nice job really informative.
like it and upvoted!
Great expalation sir @maneco64.
Great update .
Thanks for sharing.