Chapter 216: The Federal Reserve and the Dollar
Gates looked at the group of smiling capitalists at the ball for a while, and was helpless, when the aristocracy disappeared, it was in this state, fearless. Pen & Fun & Pavilion www.biquge.info
They did not see the dissatisfaction of the people at the bottom with the aristocracy, or they saw it, and they did not take it to heart.
It's normal that after the collapse of the Bretton Woods system, when the petrodollar was established, they were still at the top of the world.
In the face of challenges, they have won, so their pride actually stems from their own strength.
But with the current Cree and China's intervention, this crisis is different from the collapse of the Bretton Woods system in the past.
The change from the gold-dollar to the petrodollar has made the big capitalist groups proud enough, so the current run on American gold is just another Bretton Woods collapse in the eyes of the capitalists.
Is there anything scary about this? It would be enough to build a new system.
There are three big families behind the United States, namely the Rockefeller family, the owner of the Standard Oil Company, on which the dollar now depends. The Morgan family, which controls the Democratic Party of the United States, and the Rothschilds, who control finance.
Once in Lincoln's time, the Rothschilds were the kings behind the scenes, they were the big international bankers, the real murderers of Lincoln's assassination, Lincoln won the Civil War, but did not grasp the lifeblood of the economy.
But this prestigious family, in fact, during World War I and World War II, has been crushed into the dust by the wheels of history.
Now their main business is the Rothschild Banking Group, which is ranked 17th in the world, and in 2006, they executed several major mergers and acquisitions, which made them 13th in the 06 M&A rankings.
In Hong Kong, there was a family bank called "ABN AMRO-Rothschild", and his business was mainly controlled by ABN AMRO. Personnel and government decrees are controlled by ABN AMRO. Their main business is mainly mergers and acquisitions in Europe.
The founder of the Rochechild family, Meyer Bauer, made a fortune during the Napoleonic era. Five sons established banks in Frankfurt, London, Paris, Vienna, Naples, established the world's first financial dynasty, and were the originators of the capitalist's transformation from a merchant model to a banker model.
In its heyday, the ability to turn their hands into clouds and their hands into rain made the princes of Europe bow down. But their glory is gone.
There is a saying that the Republican Party belongs to the Rockefeller family, the Cook Party belongs to the Morgan family, and both Rockefeller and Morgan belonged to Rochechild.
Rochschild participated in the preparation of the Federal Reserve, but at that time, Rochschild did not look at the American economy at all, and their main battlefield was still Europe. The contribution made in it is minimal. But the means are full of ancient European blood.
The act of assassinating Lincoln was that Rochschild saw Lincoln issue green coins and wanted to break free from his control, and Rochschild, who had no sense of reverence, decided to assassinate Lincoln. Although this decision allowed the US dollar to maintain its right to issue it, it also almost overturned the Fed.
Why is he weakened? Isn't it bad news that you can't be rich for three generations?
In the second half of the 19th century, because of the acute racial contradictions in the United States, and later the outbreak of the Civil War, the Rothschilds were not optimistic about the United States, withdrew most of their business in the United States, and lost the opportunity to follow the development of the United States.
World War I, the family's business in Europe suffered a major blow. After World War I, many European countries had to sell their museum collections to Americans. Although the emaciated camel was bigger than the horse, the Rothschilds had a brief recovery after the First World War, but the persecution of the Jews by Hitter Le caused the family to be wiped out again.
A few years later, the Na Purity was eliminated, but the Soviets realized socialism, socialism, and righteousness in Eastern Europe, and all the remaining assets of the Rothschild family in Eastern Europe were taken into state ownership. Some of the family's remaining assets in countries such as France and the United Kingdom have also shrunk significantly.
Since the sixties, the family, which had been reduced to a second-rate investment company, made another fatal mistake. Large banks in Europe and the United States, including UBS, Credit Zurich, Deutsche Bank, Morgan Stanley, Goldman Sachs and other companies in the United States, have all gone public and raised a large amount of development funds. The Rothschilds, on the other hand, remained in the nineteenth-century family workshop way.
If so many stupid tricks continue, no matter how brilliant a family is, it can only end miserably. And now the Fed is not simply controlled by the Morgan family.
Of course, this family is indeed a deformation of capital upgrading, and they are the first to move from traditional trading production to finance. But no one has ever remembered their names, just as no one has ever known who the originators of the tulip mania, the first capital crisis, were.
They failed to take the United States, the ship of victory in World War I and World War II, so they lost, and the failure to transfer assets to the United States in time was their biggest failure, and the Morgan family was not as well positioned in the Federal Reserve as it was at the beginning.
How did the Federal Reserve, a monster of financial deformity, come about?
From the very beginning, Americans yearn for freedom, they don't like to have a monopoly financial organization, so in the initial fundraising process, it was not smooth, Rochchild chose to leave the United States, and the Morgan family actively participated in this activity.
During the great financial crises of the early 20th century, countless private banks in the United States went bankrupt, and they had to rush to the shelves to create the Federal Reserve, a deformed monster of the privately controlled state, central government, and bank.
In fact, from the very beginning, to the present, no American will like it except war financial capital. The state government hates it and thinks it interferes in state politics. The U.S. government hates it because it's not controlled. The American people look at him like a demon, a private organization that is not subject to any supervision.
This is different from the central government of other countries, which are governed by the government or the National Assembly, and are governed and constrained by higher authorities.
The Federal Reserve, which is outside the U.S. government and Congress, is not open to elections, and is a typical private group that is not supervised by power but wields enormous power. This private group holds two of the most terrible weapons of power: first, the issuance of the US fiat currency - the US dollar; The second is to determine the U.S. federal benchmark interest rate on its own.
In other words, wouldn't it be absurd to abolish the RMB one day, make Q coin the only legal tender, and let the penguin instead of the People's Bank of China set the national interest rate without being regulated by the state? But that's the status quo in the United States.
In Rome there is a existence called the Imperial Senate, so the Federal Reserve's position in the United States is like the invisible Imperial Senate, and it is even above the US government.
The U.S. government is not like the rabbit government, there are all kinds of central and corporate blood transfusions to the government, and the government does whatever it wants. The U.S. government has to spend money if it wants to deal with anything, and the U.S. government has only one source, and that is taxes.
If the tax rate is too high, you will be ousted by the voters. The tax rate is too low, and the government has no money. So the U.S. has never had a lot of taxes, and they need to issue a lot of Treasury bonds and go to the Federal Reserve to borrow money to get by.
Therefore, the Fed uses the right to issue the fiat currency, the US dollar, to make the US government miserable, which is a means for the war finance capital group to control the US government. There is only one association of gunners with acquaintances, which is too unreliable, and the methods are too bloody and violent, and do not conform to the behavioral aesthetics of the capitalists.
Is there really a business in this world with no cost and no risk? The Fed told everyone in the world out loud! They have that right.
After World War II, the dollar was sent to the cusp of the storm, expanding the rights of the Federal Reserve, before, the Federal Reserve in the United States as a prestige, after World War II, with the sail of victory, the Federal Reserve came to the top of the world, and war financial capital is relying on the dollar as a sharp weapon, calling for wind and rain in the world, omnipotent.
As long as the world is still relying on the dollar for settlement, and is still relying on the dollar as the basis of credit money to issue money, then the Fed's domination of the world will not end. This is one of the reasons for the establishment of the European Union, relying on the European economy to resist the invasion of the dollar currency, which is also the reason why China wants to internationalize the RMB.
The Fed is not just a private institution, it is the father of the world's people. The U.S. government is nothing more than a dog raised by this father, and the rest of the world is a herd of sheep herded by the U.S. government's dog.
And when to let the sheep go out to graze, when to shear the sheep is the final word of the father, this is the essence of the Federal Reserve.
So Gates must put the Fed under the supervision of state institutions, if this step is taken, it will already be an unprecedented victory for the US government, whether it is Lincoln or Roosevelt has not completed, or cannot be completed, under his hands!
So that's why he didn't press the electric fan switch, and he has already achieved a phased victory.
The U.S. dollar is a sharp weapon of the United States, and it is called the five trump cards of the United States along with the 1 billion tons of hydrogen bomb design drawings in the laboratory, the smallpox virus, the U.S. Navy, and the U.S. information industry, and none of these five belong to the U.S. government.
In the eyes of traditional financiers, the US dollar is definitely the most wonderful of the wonderful. How much currency has the U.S. issued to the world? Perhaps the Fed doesn't have a clear figure, and their money printing machine is running frantically, constantly over-issuing money.
At present, the currency is issued on the basis of national credit, and any failure to follow the laws of the market, indiscriminately issued, and over-issued currency is a very dangerous measure, such as the Republic of China's gold yuan bills and Zimbabwe's 500 billion paper money, which are the consequences of this over-issuance.
A banknote is full of zeros, which is indeed very emotional.
The dollar is a currency that is not based on any national credit, and it is issued by private banks. The over-issuance of the dollar has already made all traditional economists tremble.
Not only does the dollar have no credit as a basis, but it also over-issued without restraint, without any regulation, ignoring inflation and the indiscriminate issuance of the national economic base. And it's a global currency.
After the collapse of the Brenaud Woods system, the dollar was issued from the gold standard to the US credit base! This is nonsense by some economists in order to maintain the hegemony of the dollar.
Now the total debt of the United States has long exceeded the total GDP of the United States! Far exceeds or even approaches the total global GDP! It hijacks the world's economies and walks together. Now that the physical credit of the United States has long been an insolvent and bankrupt entity, how can it guarantee the dollar?
What really supports the dollar is actually the United States' world's number one military strength!
Under the pressure of the gun, the countries of the world still dare to ask for credit guarantees?
And petrodollars are a typical manifestation of this! If it weren't for the United States giving Saudi Arabia security guarantees with its strong military strength, Saudi Arabia would have taken the initiative to peg oil to the dollar? Will the so-called petrodollar be created?
In addition, there is another invisible means to ensure that the dollar has credit, and that is to destroy other currencies that are more creditable than the dollar.
How did the international financial crisis that has been sweeping the world come about? Dollars though there is no credit! But war finance capital can use all kinds of light and dark means to make other currencies even more creditless!
The Federal Reserve cuts and raises interest rates from time to time is actually a planned way to let the dollar flow back to the United States on a regular basis, and regularly force other countries to have to depreciate their own currencies sharply against the dollar in order to maintain export competitiveness, plunder the cheap assets of other countries, and at the same time ensure that other currencies that threaten are also eliminated, so as to ensure the strong position of the dollar, and this method is often called "sheep shearing".
But with the reduction of currency holdings, under the auspices of China, a new currency war has begun, and the Fed has been left with this piece of the US territory, and the other hardcore lackey exchanges are closed for renovation, they have no gold to pay, they have no other credit currency to support the dollar.
That's why Barbara handed over the right to issue the dollar on behalf of the Morgan family, with the purpose of getting the U.S. government, the U.S. people, and U.S. economic entities to endorse the dollar collapse!
Of course, Gates is clearly aware of this, but he still took over the mess of the dollar, and what he wants to do is to restore American industry and restore American economic entities! Let the dollar become the world's hard currency from the beginning!
His plan was realized by Steven Chu! He is already secretly preparing to build a joint science center directly under the US government to compete with Zhu Cheng's science and technology center.
Technology leads to industrial upgrading. It was the main idea of his administration.
The sound of the flute suddenly sounded in the ears of all the capitalists, and they looked inexplicably at the sky outside the villa, and black dots galloped from a distance!
The slight pulse detonation of the engine hum is a requiem!
PS: The Rothschild family, if transliterated, should be Rothchild, not Rochechild, of course, because Rothchild is widely circulated, so I will not make corrections here. (To be continued.) )