Historic World Announcement! Board Of Governors Of World Bank And IMF Announce Transition To Asset-backed Currencies Tuesday, December 29, 2015 10:35
03
Jan
Tuesday, December 29, 2015 10:35
Historic World Announcement! Board Of Governors Of World Bank And IMF
Announce Transition To Asset-backed Currencies Tuesday, December 29,
2015 10:35
Historic Announcement! Board Of Governors Of World Bank And IMF
Announce Transition To Asset-backed Currencies [PRESSWIRE] Washington
DC, United States – 09 March 2015 – The Board of Governors of the World
Bank and IMF announced that fractional reserve fiat currencies will be
replaced with gold from a trust created at the end of World War II.
Jose Rizal, Superior General of the Society of Jesus, and his lawyer,
Ferdinand Marcos, established this trust for the benefit of humanity.
The trust also contains other precious metals, gems, and artwork. The
Federal Reserve and the US Treasury do not possess the monetary gold
reserves of the United States; these reserves are in the trust
administered for the benefit of humanity by the Bretton Woods
institutions. Instead, the Federal Reserve owes quadrillions in
compound interest on obligations issued during the 1930s. The Board of
Governors has filed Financing Statements with the Secretaries of State
in the 12 states where the Federal Reserve Banks are located to secure
this debt.
National debts are going to be offset against the indebtedness of the
Federal Reserve. Antal Fekete, a monetary expert of the New Austrian
School of Economics, said: “A negative gold basis tells you that there
is an excruciating shortage of deliverable gold.” The Board of
Governors determined that the fractional reserve fiat currency of each
country is going to be exchanged for their national currency in aurum
Treasuries will issue gold certificates on an interim basis. The
certificates will be replaced with aurum as they are minted. With
restored confidence in international currencies, peace and prosperity
will be preserved. Legal tender laws will go out of effect, and local
currencies will be permitted.
Countries may also issue asset-backed currency with other commodities
than gold. The Bretton Woods institutions held the trust secret for 50
years so that the assets were clear and free for humanity as a whole
under the statute of limitations. The 50 years of sequestration ended
in 2005. A coalition for the rule of law has come into existence to end
the secrecy and to safeguard humanity’s patrimony. This coalition was
predicted by an accurate power transition model developed for the US
Department of Defense by Jacek Kugler
(https://s3.amazonaws.com/khudes/sentia+model.pdf). The fractional
reserve fiat currencies of the central bank members of the Bank for
International Settlements will continue to circulate until they are
exchanged with aurum. Karen Hudes, the Acting General Counsel of the
International Bank for Reconstruction and Development, is legal counsel
to the trust.
