Short
and simple, straight to the point for any eight grader to understand is what
our efforts would be based on here within this blog. The number of the beast, is
actually six hundred and sixty six (666) according to Revelation 13. So what is
this particular number six hundred and sixty six (666)? Some say 666 symbolizes;
microchips that are going to be forced by our governments to be inserted into
our right hands and foreheads, the social security number, etc… Well according
to our journey today metaphorically speaking, with solid ground based on The
Holy Bible, history and evidence, we are sure enough to say that, “666 is
neither microchips or social security numbers”, as so to speak. So what is the
number of the beast: six hundred sixty six (666)? One word best describes it
all, “power.” Mankind’s earthly power,
specifically speaking. Well there is a difference between the earthly power and
the nation or empire with the power (authority). Let’s define the following
terms in order to come to a better understanding according to WordWeb.com
dictionary, a power is the possession of controlling influence.
A nation is a politically organized body of people under a single government.
An empire is a monarchy with an emperor as the head of state. With them in
mind, let’s proceed further into our exploration... Explain? Well let’s start
by reading and specifically illuminating Revelation 13:18.
Revelation
13:18 reads, “Here is wisdom. Let him who has understanding calculate the
number of the beast, for it is the number of a man: His number is 666.” Now
let’s calculate the number of the beast… So this particular number is the
number of a man. Let’s not forget that man here within verse 18 is in
metaphorical language, like the rest of Revelation chapter 13. Man in The Holy Bible represents the human race or humanity. Genesis
chapter1:27 reads, “So God created man in His own Image; in the Image of God He
created him; male and female He created them.” So here we see that male and female make up humanity which fall
under the category of man. Then what does it mean for “man” or humanity to be created in God’s Image? Digging
deep, according to 1 John 4:8, God is love. So humanity, mankind or “man”
were created in the Image of God who is love, created out of love, through
love, to have “love” within them (a strong relationship with God)-let’s not
forget the fact that God (love-Whose principality and Character is love) is the
source to life since He is the Creator (according to Genesis chapter 1 and 2)
and the “life” (according to John 14: 6). See, after the “fall of mankind” when
Adam and his wife ate the fruit from the tree of the knowledge of good and evil according
to Genesis chapter 3, their access to the tree of life (which is God and His
community of love-with Jesus Christ as the “true vine”, God the Father as the Vine Dresser according to John 15-and
life according to John 14:6) were cut off since God is faithful and just. Meaning
if God did not keep up to His
Word within Genesis 2:17 that if they (Adam and Eve within that context) ate
from the tree of the knowledge of good and evil, they will surely die, than
God’s Word is not just: but thankfully God’s Word is just because He is
faithful-God is faithful according to Deuteronomy 7:9, Hosea 11:12, 1
Corinthians 1:9, 1 John 1:9, etc… Because God is just and faithful (His Word),
mankind reaped the consequences of sin right up until today in this day and age
(read Genesis 3 for more information). Furthermore because God is love, He had to
fulfill His promise according to Genesis 3:15 through the Life and Death of
Jesus Christ or God The Son within our Trinity God heads (God The Father, God
The Son and God The Holy Spirit who are as “one” united in love-which is God’s
character and principality). Climbing back up and out of this deep hole of
explanation, the “man” within Revelation 13:18 refers to our fallen human race,
mankind or humanity. So 666 represent or
symbolize the human earthly power that has authority or rules over the entire planet earth which is not
perfect since only God is perfect-though we as humanity were previously created
in the Image of God, Love which is perfect, due to sin according to the fall of
man within Genesis chapter 3, were cut off from the tree of life. Or in other
words, we do not have access to the tree of life like we previously did before
the “Fall of Man”. Meaning we became imperfect or unrighteous, (fell short of what we were created to be)
by nature since only God’s principality and character is just, perfect, righteous
and everlasting.
To
better understand this scenario, let’s take a look at King Nebuchadnezzar’s first dream found within the book of
Daniel within the Old Testament in The Holy Bible. As we all know, King
Nebuchadnezzar dreamt about an Image of a man:“A
MAN” with different parts of his body “as” different metal and a
substance found on, under and within the earth (which we previously discussed
in my previous blog, “Age of Iron and Clay”). Remember, God’s number in
Revelation and within The Holy Bible is seven (7 meaning perfect since God is
perfect, righteous or right-His principality and character of love). So that
would mean, multiples of the number six may represent and emphasize counterfeit and falling short. In Daniel 3:1, we see that King Nebuchadnezzar made
an entire image (of a man) of gold, whose height was sixty cubits, and its
width six cubits which he previously set up for the people to worship (with the
idea that only the empire of Babylon was great and would remain in power or
have authority over the entire planet earth). But as we all know according to
history, the kingdom of Babylon fell (which reigned from 605-539 BC).The next
empire was the Medo-Persian Empire which also reigned from 539 and fell around 331
BC. After them came the Greek or Greece Empire which reigned from 331and fell
around 303 BC. Following the Greek Empire, came the Roman Empire which reigned
from 168 BC to 476 AD. After the Roman Empire, we have the Divided Nations or “Age
of Iron and Clay” from 476 AD right up until today. Please take note that:
a. Firstly, all these
empires, kingdoms, and nations are
not everlasting or eternal.
b.
Secondly, unlike the other four empires, the divided nations
or Age of Iron and Clay’s (which we are currently in) earthly power or
authority to rule over the entire planet earth is not based on a single empire, kingdom, or
nation but corporations, countries and staties (divided nations). Meaning this earthly power (to
rule over the entire planet earth) is shared
rather than “it” being individualistically belonging to a particular
empire, country, kingdom or nation (example: The Vatican City, Washington D.C
or District of Colombia and The City of London). Page 402, ‘Principalities and
Powers’, the first paragraph of “THE WORLD HISTORY” by J.M Roberts reads, ‘Most people today are used to
the idea of the state. It is generally agreed that the world’s surface is
divided between impersonal organizations working through official marked out in
special ways, and that such organization provide the final public authority for
any given area. Often states are thought in some ways to represent people or
nations. But whether they do or not, from which most of us would construct a
political account of the modern world.’
c. Mind you that whatever
banks, companies, corporations, etc.., within these particular Cities or
City States must abide by their laws
or face the consequences of the authority appropriately. Or in other words,
whatever headquarters of any company, corporation or organization established
within any of these three Cities abide by their laws-do the math of the
chain reaction (so called butterfly-effect) that they have on their branches other entities they do business with throughout the world, internationally
speaking. For instance, within The District of Colombia we can find headquarters
of the Federal Reserve (Fed), World Bank, and the International Finance
Corporation (IFC), etc… All these headquarters of corporations, banks,
businesses, branches of businesses, governmental organizations, etc.., within
this state operate under the constitution of District of Columbia-the
constitution of the District of Columbia operates under a tyrannical Roman law
known as Lex Fori (which is different from the U.S
constitution).
Now let’s try to illuminate points b) and c) stated
above. The fuel that drives any nation, country, empire, state or
corporation in power is wealth-to be specific in our day and Age, money. Money initiates, establishes, maintains, and operates
infrastructures, states, provinces, cities, countries, governments, military organizations,
judicatory systems, corporations, and basically any entity or business that is operational
within this day and Age. For instance, with money;
1.
Countries all around the world coexist. Countries like United
States of America, Australia, China, Fiji, Palau, Papua New Guinea, etc…
2. Military
organization/s within a country is operational and effective. Like the U.S
Military, Australian Defense Force, etc… They are able to buy weapons, produce
weapons, pay the wages of soldiers, etc…
3. Organizations all
around the world are operational. Organizations that manage the social security
numbers within United Kingdom like the Northern Ireland Social Security Agency,
United Nations agency like the IMF, Universities like Oxford University, etc…
4. States and Cities all
around the world function coexist and operate. Cites like, District of
Columbia, Vatican City, London, Brisbane, Sydney, Port Moresby, Suva, etc…
5. Corporations all
around the world exist, coexist and operate. Corporations like, PWC, W3C, IBM,
BAT, etc…
6. People are able to use
money as a means of exchange for goods and services.
So “money” that makes everything
run smoothly around the globe is controlled and managed efficiently and
effectively through a safe channel-the bank/s. From my own
definition simply speaking, “banks create & control money (currency).”
Anyways, let’s see what Wordweb.com and Oxford Advance Learners dictionary have
to say. Banks are financial organizations or institutions that accept deposits
and channel “the money” into lending activities.
Or in other words, banks are responsible for producing, storing, and lending of
“money” through their secure channels. Just for
introductory, throughout the globe we have two major classes of banks: The Central Banks and the Commercial Banks. Quoting from page 870
of The New Encyclopedia Britannica Volume 1, Central Banks act as bankers to governments, as the agents and
frequently the designers of monetary and credit policies, and as lenders of
last resort to commercial banks in the case of a financial crisis. In addition
to their essential technical activities, central banks play a significant physcological
role as guarantors of the monetary system, supported by government bank
insurance. Also, Central Banks frequently make a healthy profit for governments
through fees and security transaction. Commercial
Banks are banks which accept savings and checking deposits, make loans and
other investments, and offer financial services that facilitate the exchange of
funds among individuals and institutions. In addition for profit derived from
the interest “spread”, banks charge fees for various services. Also bare
in mind that the interests that debtors pay back or are liable to pay back to creditors
are the creditor banks’ profit in terms of revenue. Within this scenario, debtors are people,
entities and other banks that borrow from the creditor bank. Creditors are
banks that allow other banks, entities and people (which are debtors) to borrow
from their banks. Or in other words simply speaking, the main goal of any bank is
to get you (as customers) to borrow or loan from their bank because that’s how
they make profit to survive in the market (world). With
that in mind, please take note that the Central Bank of United States of
America, The Federal Reserve headquarter is in The District of Columbia
(previously mentioned above). “Butterfly effect? Hmm…” So how does the Federal
Reserve headquarter situated in The District of Columbia affect all its
branches and the entire planet earth? The Federal Reserve like any other
organization, corporation or entity whose headquarter is in the District of
Columbia operate under the constitution of District of Columbia-the constitution of the District
of Columbia operates under a tyrannical Roman law known as Lex Fori (which is different from the U.S constitution). Now
the Federal Reserve sets the
monetary policies and credit policies… For instance, the Federal Reserve sets the
interest rates, legal reserves (anything the law permits banks to claim as reserve), required reserves (the value of
reserves that a depository institution hold in the form of vault cash or
deposit with the Fed), etc… That simply concludes that other banks (especially
commercial banks) do not set their own interest rates and reserve rates within
United States-only the Federal Reserve does that. Please do not forget that the
Federal Reserve sets these monetary and credit polices (plus other functions)
but still comply with the constitution of District of Columbia, since its
headquarter (like many) is located within District of Columbia.
Now let’s follow the
money (trail)…For example, Due to inflation or
various other reasons, the Federal Reserve decides to create or print
$1,000,000 U.S dollars. Now the Federal Reserve
is United States’ central bank. We’ll later further explain on that but please take
note that, the Federal Reserve doesn’t just print out money out of thin air,
but borrows to print or create money. Well how does the U.S government
through the Federal Reserve borrow money in order to print money (which the
Federal Reserve does)? Answer: The U.S Government through the Federal
Reserve issues debt-these means that the government sells Treasury marketable
securities such as Treasury bills, notes, bonds, and treasury
inflation-protected securities (TIPS) to other federal government agencies,
individuals, businesses, state and local governments, as well as people,
businesses and governments from other countries. Due to the Fed’s policies
(monetary and credit polices), the Reserve Ratio is 10%. What that means is
that, 10% of the $1,000,000 which is $100,000 would be reserved in the bank or
Fed, while the other $900,000 applicable for customers to loan. That would
mean, they do not just loan out the full amount of money created or printed-they
keep the reserve while the other portion available for loan to their customers. Or in other
words simply speaking, the Federal Reserve has $900,000 available for its many
customers to loan (borrow) and no more than that particular amount which is
$900,000 (within that date).
|
Simple balance sheet for the Federal
Reserve for that particular transaction during that particular date.
|
Now
the Federal Reserve has many
customers. One of its customer (one of the biggest commercial bank in the
United States), is the Bank of America. Before we proceed any further on our
example, let’s try to briefly get to know Bank of America. First of all, Bank
of America is one of the world’s largest banks in assets. Bank of America
Corporation incorporated on October 7th 1968, which owns Bank of
America National Trust and Savings Association (incorporated November 3th 1930)
and several subsidiaries, insurance, real estate, investment management,
computer leasing, and other banking related services. So here we can see that
Bank of America is big alright. Now, back to our example… So as one of Federal
Reserve’s customers, Bank of America decides to borrow $200,000 from the Fed out
of the $900,000 which is available for loan by the Federal Reserve. Out of the
$200,000, Bank of America keeps $20,000 (which is 10% Reserve Ratio out of
$200,000) in its reserve while makes available the other $180,000 to its
customers for loan (borrow).
Now
United States of America is a 1st world developed country. Now let’s
further illustrate this down to a 3rdworld developing country’s
perspective. Papua New Guinea for example (since it’s my country)… Now the Bank
of Papua New Guinea is Papua New Guinea’s central bank-meaning it also sets the
monetary and credit policies within Papua New Guinea (similar to how the
Federal Reserve sets the monetary and credit policies for the United States of
America). Let’s say the Bank of Papua New Guinea, decides to borrow $50,000
from Bank of America out of the $180,000 available for loan by Bank of America,
due to its various motives. After Bank of America approves or grants the loan,
that $50,000 is now converted into Papua New Guinean currency-the Bank of Papua
New Guinea prints or creates K 143,473.50t (according to the Mid-market rates:
2015-09-24, 01:48 UTC where 1 PGK = 0.348496 USD and 1USD = 2.86947 PGK). Now
let’s say that the reserve ratio set by Bank of Papua New Guinea is 2.83%. That
would mean Bank of Papua New Guinea would keep K 4060.30 (2.83% or 0.0283 out
of the K 143, 473.50 t) in its reserve and loan out K 139, 413.20 t to its
customers.
|
Simple balance sheet for Bank of Papua
New Guinea, for a particular
transaction during that particular date.
 |
Now
let’s say, Westpac Bank (a commercial bank operating within Papua New Guinea)
decides to borrow K 30,000.00 out of the K 139, 413.20 available for borrowing.
After Bank of Papua New Guinea grants or approves the loan to Westpac Bank,
Westpac keeps K849.00 in its reserve (the reserve ratio 2.83% out of K 30,000)
and loans out K 29,151 to its customers. Now let’s say, Mr. Joe Blow (used as
an illustration) a customer in Westpac borrows K 10,000 out of the K 29,151. Now
Mr. Joe Blow spends or invests the K 10,000 borrowed from Westpac with the fact
in mind that he has to pay back his debt plus the interest.
Still
abiding within our example, let’s continue to see what would happen if the
debtors could not pay back their loans to the banks (creditors). Let’s see; if
Mr. Joe Blow cannot pay back the interest payments plus the actual amount borrowed
(K 10,000.00), Mr. Joe Blow faces the consequences of not paying back his loan
as previously clearly stated within his arrangement or agreement with Westpac
Bank, before granted approval over his loan at Westpac Bank (for instance,
Westpac with legal rights will take Mr. Joe Blow’s assets: like house, car,
cash, etc.., in order to settle the amounts owed by Mr. Joe Blow at Westpac).
Now what would happen if Westpac Bank cannot payback the amount borrowed plus
interest to Bank of Papua New Guinea? The same scenario applies here… Westpac
bank would reap the consequences of not paying the amount they borrowed with
interest according to the agreement and arrangement they made with Bank of
Papua New Guinea, before their loan was previously approved or granted by Bank
of Papua New Guinea (if it means for Bank of Papua New Guinea to seize
Westpac’s assets to account for the bill they owe). Now what would happen if the
Bank of Papua New Guinea cannot repay its loan plus interest to Bank of
America? When a country through its central bank becomes “default” or simply
cannot or refuses to pay back its debt on the required date, it is harder for
the creditor (bank) to repossess the assets of the country’s central bank. Defaulting
countries or central banks tend to restructure their debt rather than simply
refusing to pay anything at all. But these so called “haircuts”, where the
original value of the bond is reduced, can be much more painful for the holders
of the creditor bank bonds than a simple clip of the scissors. That is similar
to the situation Bank of Papua New Guinea’s going to be in when in the state of
being default. Also, let’s not forget
that Bank of Papua New Guinea would have to comply with its agreement with Bank
of America on that particular loan. Now let’s move on ahead a little bit
further on our example-let’s say that a cross default provision (a
provision under which default on one debt obligation triggers default on
another debt obligation) occurred-when Bank of Papua New Guinea is in
default in paying its debt. Now that would mean Bank of America would be in
default in paying its debt to the Federal Reserve on time, since it did not get
the necessary amounts owed by Bank of Papua New Guinea. Now if Bank of America
is in default (unlike any other smaller banks), the Federal Reserve would have to bail it out. Why?
Answer: since Bank of America is a huge bank and many other smaller banks,
third world countries, organizations and corporations borrow from it, the idea
of Bank of America falling down would mean a crisis. That would not be
acceptable since it would affect the United States’ and the global economy.
Finally we arrive at the Federal Reserve… Now, if the Federal Reserve goes into
default, it would face the consequences of what is stated in its agreement with
the bond certificate holders. Just like Bank of Papua New Guinea (and other
central banks), when it is in default, it is harder for the bond certificate
holders to repossess its assets-that would mean that the Federal Reserve would
have to restructure its debt. Unfortunately as we all know it that would be a
“one in a million” chance of happening in reality since it would go against the
nature plus definition of a bond (a secured government endorsed) and would
affect United States’ economy and global economy.
Now
let’s get back to the start of our example when the Federal Reserve prints out
that $1,000,000. The Federal Reserve borrows to print or create money. The
U.S Government through the Federal Reserve issues debt-these means that the
government sells Treasury marketable securities such as Treasury bills, notes,
bonds, and treasury inflation-protected securities (TIPS) to other federal
government agencies, individuals, businesses, state and local governments, as
well as people, businesses and governments from other countries. Or in other
words simply speaking, think of these debts as pools of treasury marketable
securities that the U.S government through the Fed offers to the general public
to invest upon or buy-in which, the government at a later date (specified in
their agreement) pays back these holders with their actual amount borrowed by
the U.S government through the Fed plus interest.
|
A simple example on how the Federal
Reserve borrows in order to create or print money within the United States.
Note that this is just an example of our “example” generally speaking.
 |
The
above diagram simply explains how the Federal Reserve creates or prints money.
Large percentages out of the portion of these securities are owned by foreign
banks. But then again the controversial question here would be, “Who owns
the Federal Reserve?” First of all we must understand that the Federal Reserve
is not an agency of the Federal government. It is a hybrid… It’s a mixture, its
half government and half private-which make up this corporation. Simply
speaking, it is a partnership with the government and bank cartels (banks with
stock certificates within the Federal Reserve System). Yes, the Federal Reserve
is a corporation charted by the congress. Like all corporation, it has stock
certificates. These certificates are held by the member banks within the system
(in this case, all the independently owned banks within this system). However,
these stock certificates do not carry with them any of the powers of private
ownership. For example, the holders of these certificates cannot sell them.
Simply speaking, if you and I can’t sell something, than we don’t really own
it! Also, the larger banks have put up larger amounts of capital into the Federal
Reserve System than smaller banks. And yet regardless of that, all the banks
within this system have one vote. Furthermore, there’s another violation of
private ownership-these banks cannot vote for their national management. The
Federal Reserve is run by the Board of Directors of the Federal Reserve System,
the national board and its chairman-all of whom are appointed by the President
of the United States of America. The Stock certificate holders have no voice in
there what so ever. The only thing they can vote for are the members of the
board of their local regional banks. Let’s see Mullins’ top eight example of
these so called “bank cartels” or member banks of the
Federal Reserve System according to page 179 of Mullins (arranged from the
largest to the lowest as of 1983);
1. Citibank
2.
Chase Manhattan
3.
Morgan Guaranty Trust
4.
Chemical Bank
5.
Manufacturers Hanover Trust
6.
Bankers Trust Company
7.
National Bank of North America
8. The Bank of New York
Let’s
briefly go through Mullins’ 1st example on his top eight member
banks as listed above, in order to have a fair idea of the member banks within
the Federal Reserve System;
· Citibank-is the consumer
division of financial services multinational Citigroup. Now Citigroup Inc. or
Citi is an American multinational banking and financial services corporation
headquartered in Manhattan, New York City. Citigroup was formed from one of the
world’s largest mergers in history by combining the banking giant Citicorp and
financial conglomerate Travelers Group in October 1998 (announced on April 7,
1998). Citibank was founded in 1812 as the Citibank of New York, later changed
to the National Citibank of New York. Citibank’s International subsidiaries
include;
§
Citibank Algeria
§
Citibank Argentina
§
Citibank Australia
§
Citibank Bangladesh
§
Citibank Bulgaria
§
Citibank Canada
§
Citibank China
§
Citibank (Colombia)
§
Citibank Czech Republic
§
Citibank (Dominican Republic)
§
Citibank Ecuador
§
Citibank (Egypt)
§
Citibank (Hong Kong)
§
Citibank Hungary
§
Citibank India
§
Citibank Indonesia
§
Citibank Japan
§
Citibank Jordan
§
Citibank Kazakhstan
§
Citibank Kenya
§
Citibank Korea
§
Citibank Malaysia
§
Citibank New Zealand
§
Citibank Nigeria
§
Citibank Pakistan
§
Citibank Philippines
§
Citi Handlowy (Poland)
§
Citibank Portugal
§
Citibank Romania
§
Citibank Russia
§
Samba (Citibank for Saudi Arabia)
§
Citibank International Personal Bank Singapore/ Citibank IPB
Singapore
§
Citibank Singapore
§
Citibusiness Singapore
§
Citibank Slovakia
§
Citibank Taiwan
§
Citibank Thailand
§
Citibank Tridad and Tobago
§
Citibank Tunisia
§
Citibank United Kingdom
§
Citibank Ukraine
§
Citibank Vietnam
§
Citibank Banco Cuscatian
§
Citibank Brazil
§
Citibank Chile (bought out by Banco de Chile)
§
Citibank Costa Rica
§
Citibank Guatemala
§
Citibank (Honduras)
§
Banamex Mexico (which owns the Carlifonia Bank of Commerce)
§
Citibank Nicaragua Banco Uno
§
Citibank Panama Banco Uno
§
Citibank Paraguay
§
Citibank Peru
§
Citibank El Salvador Banco Uno
§
Citibank Uruguay
§
Citibank Venezuela
As
we can see from the example of Citibank, the ownership of these member banks
within the Federal Reserve System are sophisticated in a sense that these banks
are merges of large corporations or entities-which were previously well
established.
Before we go any further, let’s not by pass
what Revelation 13:12 has to say. Revelation 13:12 reads, “And he exercises all
the authority of the first beast in
his presence, and causes the earth and those who dwell in it to worship the
first beast, whose deadly wound was heal.” According to my previous blog
titled, “Age of Iron and Clay”, the second beast in Revelation 13 represents
the United States of America. As we all know it, United States of America is
currently ranked the 1st in the global economy today and is one of the
world’s developed countries. Or in other words simply speaking, this authority was given to it. It is
also clearly portrayed in the U.S one dollar bill-the unfinished pyramid with
the “all seeing eye” on top of it (which doesn’t refer to The Creator God). For
more information on this visit the following link: https://www.youtube.com/watch?v=J42pzrx5YrA. Well, let’s jump back
on to our previous track…
The image above illuminates the real
meaning of the all-seeing eye on top of the unfinished pyramid within the one
dollar bill.
The
Federal Reserve like many other central bank invest-it also has shares in some
other banks, corporations, entities or organizations such as the World Bank, The
Bank for International Settlements, etc… Let’s take a good look at the
direction heading toward the Bank for International
Settlement. Bank for International Settlement was established on May 17,
1930, by an intergovernmental agreement by Germany, Belgium, France, the United
Kingdom, Italy, Japan, the United States, and Switzerland. Today, it can be
located at Basel Switzerland. It has transformed so far from its original
purpose so called “defensive” into something much bigger and “offensive” within
the global economy. It has 60 central banks as its shareholders or member banks.
These 60 banks are;
· Bank of Algeria
· Central Bank of
Argentina
· Reserve Bank of
Australia
· Austrian National Bank
· National Bank of
Belgium
· Central Bank of Bosnia
and Herzegovina
· Central Bank of Brazil
· Bulgarian National
Bank
· Bank of Canada
· Central Bank of Chile
· People’s Bank of China
· Bank of Republic
(Columbia)
· Croatian National Bank
· Czech National Bank
· National Bank of
Denmark
· Bank of Estonia
· European Central Bank
· Bank of Finland
· Bank of France
· Deutsche Bundesbank
· Bank of Greece
· Hong Kong Monetary
Authority
· Hungarian National
Bank
· Central Bank of
Iceland
· Reserve Bank of India
· Bank Indonesia
· Central Bank of
Ireland
· Bank of Israel
· Bank of Italy
· Bank of Japan
· Bank of Korea
· Bank of Latvia
· Bank of Lithuania
· Central Bank of
Luxembourg
· National Bank of
Republic of Macedonia
· Central Bank of
Malaysia
· Bank of Mexico
· De Nederlandsche Bank
· Reserve Bank of New
Zealand
· Norges Bank
· Central Reserve Bank
of Peru
· Central Bank of
Philippines
· National Bank of
Poland
· Bank of Portugal
· National Bank of
Romania
· Central Bank of
Russian Federation
· Saudi Arabian Monetary
Agency
· National Bank of
Serbia
· Monetary Authority of
Singapore
· National Bank of
Slovakia
· Bank of Slovenia
· South African Reserve
Bank
· Bank of Spain
· Sveriges Riksbank
· Swiss National Bank
· Bank of Thailand
· Central Bank of the
Republic of Turkey
· Central Bank of the
United Arab Emirates
· Bank of England
· Federal Reserve System
These
central banks have similar functions to the U.S Federal Reserve-and that is to
set their countries’ monetary and credit policies, plus borrows to create money
within their currencies. Also their ownership similar to the U.S Federal
Reserve, these banks have huge banks with stock holders Certificate within their
respective systems. These 60 member banks within the BIS or Bank for
International Settlement get together to set policies much similar to how the
Federal Reserve Board of governors get together to set monetary and credit
policies for the Fed. It essentially replicated in an international scale on
how the Bank of England initiated in England during 1694, which was national
control over money through a privately owned bank. It is exempt from the Swiss
law-meaning, it’s above their government. That is to say for instance, the
Swiss government cannot execute search warrants; Swiss police cannot enter the
premises, etc… It’s like an extra territorial entity within Switzerland (in
that, it replicates the City in London where the Bank of England sits). Now
let’s take a sneak preview at the country (Switzerland) where the BIS is
currently located in. Switzerland is a country of central Europe. Switzerland
is bordered on the west by France, on the North by Germany, on the east by
Austria and Liechtenstein, and on the south by Italy. With more than two-fifths
of its area comprising the main ranges of the Alps and with few natural
resources other than waterpower, Switzerland has managed to fashion unity out
of diverse races, religions, and languages; for more than 700 years, it has
maintained the world’s oldest democracy. The capital is Bern. Switzerland is
rich in significant prehistoric sites and also has many remnants of the times
of Romans. To make it simpler, there are astonishing wealth of remains of Roman
culture on Switzerland… The economy of Swiss is intimately tied to the economy
of the world and depends on successfully marketing its products abroad. After
World War II the Swiss government took an active role in the areas of currency,
finance, and business cycles to ensure high employment and law financial center
with sections on the different kind of banks, international business banking,
exchange and currency valuation; and the ‘bank secret.”
Quoting
from Georgetown history professor Carroll Quigley from a book that he authored
all the way back in 1966 in which he discussed the big plans that the elite had
for the Bank for International Settlements… [T]he powers of financial capitalism had another far-reaching aim,
nothing less than to create a world system of financial control in private
hands able to dominate the political systems 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 in concert, by secret agreements
arrived in frequent private meetings and conferences. The Apex of the system
was to be the Bank for International Settlements in Basel, Switzerland, a
private bank owned and controlled by the world’ central banks which were
themselves private corporations.
From
this analysis, we can see that the Bank for International Settlements is the
central bank of central banks throughout the planet earth. All the central
banks within the BIS own the BIS. Furthermore, these central banks that own or
run the BIS are owned by the governments or banks that have stockholder
certificate over these central banks. Or in other words simply speaking, the
stockholders of these central banks run the BIS-and they are owned by the
stockholders of their corporations, organizations, financial institutions,
banks, or entities.
|
Above is a simple illustration of the
ownership within this global system. From these model or illustration we can
see that, the investors that invest largely on the bottom line, the
“Stockholders of the Stockholders” with certificates within the central banks
have a huge influence on the Bank of International Settlement. And also
gain much (in terms of dividends).
|
To
make it much simpler for the general public to understand, there’s no running
away from the stockholders of the BIS for any 3rd world developing
country. Let’s say for instance referring to our previous example as noted
above, if Papua New Guinea through Bank of Papua New Guinea (a 3rd
world developing country) decide to avoid the BIS by not borrowing from Bank of
America (which borrows from the Federal Reserve-which is one of the member
banks in the BIS) and decides to borrow from the World Bank, it still runs
directly into the same “people”-that is these central banks or global elite. Or
in other words simply speaking, most of the central banks which are member
banks within the BIS are also member banks or stockholders of the World Bank. What
“this” system is fig-literally saying is that, 3rdand 2nd
world developing countries dream to become developed but its all an illusion-3rd
and 2nd world developing countries are always meant to be where they
are (being a 3rd and 2nd world developing country) simply
because “they” are the ones keeping “those” developed countries where they are
in the global economy today-or in other words, the developed countries need the
3rd and 2nd world developing country in order to maintain
their current place in the global economy keeping them developed. Yes, the developed countries and
the 3rd and 2nd world
developing countries, the strong and the weak, iron and clay-that is why our current day and age is referred to as the “Age
of Iron and Clay.”
It
is really important that we don’t forget the fact that according to King
Nebuchadnezzar’s dream revealed by Prophet Daniel found within Daniel 2:34, a
stone came and struck this image on its feet of iron and clay-causing the whole
image to break into pieces. This stone symbolizes God’s kingdom (which is
everlasting, perfect and righteous) which will rule this entire planet earth forever
after the second coming of Jesus Christ. Yes, Jesus Christ is the focus of
the prophecy in both Daniel and Revelation. Jesus Christ already promised us
all (humanity) that everlasting life
in His Kingdom according to John 3:16-which is eternal or everlasting in love which is His principality and
character according 1 John 2:15. Because
God is love, He gave us all the power of choice to choose between His
principality (which is love) or satan’s (deliberately spelled in lowercase
alphabetical letter since satan is just a creature-and enemy within this Great
Controversy) principality (which is selfishness) within this Great Controversy.
Furthermore, God also gave us all our perfect example to follow which is none other than Jesus Christ. Also, that perfect example is the way, the
truth, and the life according to John 14, and the true vine which
connects us (humanity-branches metaphorically speaking) to the tree of life according
to John 15. Remember, there’s no other
way to God’s kingdom
except through Jesus
Christ. Since Jesus Christ previously ascended to heaven, He promised us
all The Holy Spirit according to John 16:5-15.Let’s not forget the fact that
our God is the Trinity God (God The Father, God The Son, and God The Holy
Spirit as one united in love-which is God’s principality and character
according to 1 John 2:15). Having The Holy Spirit within us is in fact having
God The Father, God The Son and God The Holy Spirit or basically “God” within us. Remember, “JESUS CHRIST
IS COMING SOON, TIME IS SOMETHING WE ALL DON’T HAVE, AND THE POWER OF CHOICE IS
YOURS.”
REFERENCE AND
BIBLIIOGRAPHY;
· Roger LeRoy Miller, Economics Today 14th Edition, U.S.A: Addison Wesley December
12th 2006
· Encyclopaedia Britannica, Inc. The New Encyclopaedia Britannica Volume 2 MICROPAEDIA Ready Reference
15th EDITION, U.S.A:
· Encyclopaedia Britannica, Inc. The New Encyclopaedia Britannica Volume 4 MICROPAEDIA Ready Reference
15th EDITION, U.S.A:
· Andrews University Press, Andrews Study Bible, U.S.A: Andrews University Press 2010
· J.M Roberts, HISTORY
OF THE WORLD, England: Helicon Publishing ltd 1992
· Oxford
University Press, Oxford Advanced
Learners Dictionary, Dictionary.8th ed. England: Oxford
University Press 2010
· Vatican Roman Law
Rules Washington DC at <http://www.google.com.pg/url?q=http://m.youtube.com/watch%3Fv%3DR0jbzXMYWUc&sa=U&ved=0CBYQFjACahUKEwj6nqWQ1-3HAhWhE6YKHdnMCVk&sig2=dYag-ZrGuPNNjpHCJUOw7A&usg=AFQjCNEGwslgUxtnNnue1cygrqN_72x-uA>accessed 09/10th/2015
· 3 City States That
Rule the World-InvestmentWatch
<http://www.google.com.pg/url?q=http://investmentwatchblog.com/3-city-states-that-rule-the-world/&sa=U&ved=0CBkQFjADahUKEwj6nqWQ1-3HAhWhE6YKHdnMCVk&sig2=4uk-Mkx_5Stuj5GT6DS4cg&usg=AFQjCNH2GdGnILKbe6Q>accessed 09/10th/2015
· Money link: <https://en.m.wikipedia.org/wiki/Money&sa=U&ved=0CB0QFjADahUKEwiNi6PSjPvHAhVCGpQKHSKtAzc&sig2=cnMaTn6nAgsBChMpODnP1Q&usg=AFQjCNH5uEqxD_GgToGVI6PbzFLxqsq0w>accessed 09/10th/2015
· Bank for International Settlement’s link: <https://en.m.wikipedia.org/wiki/Bank_for_International_Settlements>accessed 09/23th/2015
· United States Treasury security’s link: <https://en.m.wikipedia.org/wiki/United_States_Treasury_security>accessed 09/10th/2015
· What happens when a country goes bust-The Economist
explain: <https://www.economist.com/blogs/economist_explains/2014/11/economist_explains_20>accessed 09/10th/2015
· Converting 1 PGK TO 1 USD: <https://www.xe.com/currencyconverter/convert/?Amount=1&from=PGK&To=USD>accessed 09/10th/2015
· Citigroup link: https<//en.m.wikipedia.org/wiki/Citigroup>accessed
09/23rd/2015
· The Bank for International Settlements-Patrick
Carmack on Economics 101: <https://m.youtube.com/watch?v=AbblujbDuWE>accessed 09/23rd/2015
· Karen Hudes-World Bank in Collusion with the Jesuits:
<https://m.youtube.com/watch?v5P2pAS05BOU>accessed 09/24th/2015
· The
Fed in The Global Economy<https://www.dallasfed.org/assets/documents/institute/wpapers/2014/0200.pdf>
accessed 28th/09/2015
·
Economy History of The
Federal Reserve<http://economics.uwo.ca/people/laidler_docs/meltzershistory.pdf>
accessed 28th/09/2015