Globalists Blame Financial Crisis of 2008 to Usher in One World Currency
Activist Post — The efforts of the Global Elite are to enable an environmentally-based economy within a one world government. This includes replacing the currency and economic structures in place.
The Royal Canadian Mint (RCM) has announced that they will stop printing pennies. The RCM have unveiled a digital RFID-chip based currency that can be loaded up, stored and spent in-store and online.
The RCM calls this currency MintChip; which will be a virtual payment method accessible through microchips, microSD cards and USB sticks.
This RFID-chip currency is collaboration with the US corporations and research and development outfits. Ian Bennett, president and CEO of the Mint explains:
As part of its research and development efforts, the Mint has developed MintChip, which could be characterized as an evolution of physical money, with the added benefits of being electronic.
The MintChip is still under development, with patents pending and prototypes being studied. The creation and perfection of the technology must be useable with American markets.
Paul Solman, correspondent for the PBS NewsHour purveys the positive propaganda of one world currency by asserting that:
Ah, the dream: one world, one economy, one currency — and, of course, one global political system . . . a common currency means a common economic policy . . .
A core group of the world’s leading economies need to come together and hammer out anunderstanding. The narrowly focused unilateral and bilateral policy actions seen in recent months – including many proposed and actual measures on trade, currency intervention and monetary policy – have contributed to worsening underlying macroeconomic imbalances. They have also led to growing protectionist pressures as countries scramble for export markets as a source of growth.
In a report published in 2010, the IMF stated that the Bancor should be established and administered as the one-world currency. To go along with the one-world currency, the IMF advises the establishment of a one-world bank; which would also have issuance rights as the Federal Reserve Bank does within the US.
The IMF report states:
The global central bank could serve as a lender of last resort, providing neededsystemic liquidity in the event of adverse shocks and more automatically than at present. Such liquidity was provided in the most recent crisis mainly by the U.S. Federal Reserve, which however may not always provide such liquidity.
The advent of a global currency, if allowed to happen will be controlled by the UN, as the IMF is an arm of the globalist Elite front.
Simply put, this demand is a call for economic control by the international community for the express purpose of ensuring that the future of all sovereign nations eventually fall victim to the coming global governance.