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Τρίτη 21 Δεκεμβρίου 2021

ECONOMIC & POLITICAL PROJECTIONS INTO 2022

ECONOMIC & POLITICAL PROJECTIONS INTO 2022


By Chris Pierides (December 2021)

Citing from Wikipedia: «On July 1, 1944, as the battles of the Second World War raged in Europe and the Pacific, delegates from forty-four nations met at the secluded Mount Washington Hotel in Bretton Woods (New Hampshire) to participate in what became known as the Bretton Woods Conference»… Delegates were actually Bankers / Economists, members of a Secret Society, or at least people aspiring to a common ideal, that of establishing a unified monetary System for the entire planet, eventually leading to global political governance under a New World Order (NWO). They wanted to establish strict monetary control mechanisms that would deter Society members like Hitler from future breaking away and endangering the ideal. 

The World Bank (WB) was created as the top global financial institution, with the Bank of International Settlements (BIS) being its instrument in the supervision and defending of the implementation of the Bretton Woods monetary System. While the scope of the WB was to provide loans and grants to the governments of low-and-middle income countries for the purpose of pursuing capital projects [translating of course into monitoring the growth or decline of these countries in the Bank’s desired political direction (e.g., Turkey)], the BIS acted as the Central Bank of all Central Banks around the globe, to serve the financial needs of its Central Bank members. It provided gold and foreign exchange transactions for them and held their reserves, also acting as a banker and fund manager for other international financial institutions (practically translating of course in the BIS being the true owner of all money in circulation around the globe). With the end of WW II, the BIS practically became the policeman of the WB in securing the way to globalization. Other major accomplishments of the Bretton Woods Conference were the creation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD).