Global Financial Control
TimeWatch Editorial
November 27, 2015
The International Monetary Fund directly impacts the economies of more than 188 nations today. The impact is more often than not, negative. The constant supply of financing that has arisen in the developing world has opened a door for the absolute control of these nations. Hidden behind the curtain of “readily available assistance,” the mechanism is really set in place to restrict and to micromanage the day to day decision making process. Richard Peet, in his book: “Unholy Trinity, The IMF, World Bank and WTO,” first published in 2003 says the following on page 66.
“The IMF gives short-term loans to member countries experiencing balance of payments crises, essentially from previously deposited funds… Originally, under the Bretton Woods agreement, the conditions for IMF loans to member countries required simply ‘an effective program for establishing or keeping the stability of the currency of the member country at a realistic exchange rate’. Over fifty years this limited ‘conditionality’ has grown into something far more. Loan conditionality, imposed on what are usually desperate governments, has become a way for the IMF to regulate the entire gamut of a country’s economic policies.” “Unholy Trinity, The IMF, World Bank and WTO, page 66.”
This IMF organization was originally established in 1945, based upon the 1944 Bretton Woods Agreement. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944.
As a result of the collective conventional wisdom of the time, representatives from all the leading allied nations collectively favored a regulated system of fixed exchange rates, controlled by the US dollar tied to gold at the rate of 35 dollars an ounce. In other words, the US Dollar became the ‘currency of last resort.’
Carroll Quigley wrote in his well known book “Tragedy and Hope” on page 277:
“The Money Power Seeks to Create a World System of Financial Control in Private Hands Able to Dominate Every Nation on Earth, the 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 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 in concert, by secret agreements arrived at in frequent private meetings and conferences.” Carroll Quigley, “Tragedy and Hope” page 277.
So we stand today, exactly where the original plan has been leading us; the surveillance and monitoring of individual citizens, and the control and strangulation of national economies. Many are totally unaware of the potential results of this carefully thought out plan. The level of intent is scarcely recognized amidst the deceptions that surround us. But soon, it will be revealed what the true object is. John Perkins, a representative of this organization in his book: “Confessions of an international Hitman” in the preface says this:
“Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign "aid" organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization. I should know; I was an Economic Hit Man.” John Perkins, “Confessions of an international Hitman.”
After John Perkins has spoken, there is no need for further explanation. To be warned is to be forearmed.
Cameron a. Bowen
