Monday, April 20, 2009
The Washington Post today carries a revealing article that highlights the ongoing agenda to forge a “new economic world order” with a vastly empowered IMF acting as a ‘bank of the world’.
Under the headline A Bigger, Bolder Role Is Imagined For the IMF -
Changes Suggest Shift in How Global Economy Is Run, Anthony Faiola describes how the IMF is on course to be transformed into “a veritable United Nations for the global economy.”
Faiola envisages a scenario where “central bankers and finance ministers would meet to convene a financial security council of sorts.”
“Serving almost as ambassadors to the IMF, they would debate ways to put out the world’s economic fires and stifle reckless policies before they ignite new ones.” he continues.
“Bowing to a new economic world order, the IMF would grant fresh powers to the likes of China, India and Brazil. It would have vastly expanded authority to act as a global banker to governments rich and poor. And with more flexibility to effectively print its own money, it would have the ability to inject liquidity into global markets in a way once limited to major central banks, including the U.S. Federal Reserve”
The article then explains that this imagined scenario is taken directly from internal IMF documents, interviews and think-tank reports. The details were thrashed out at the recent G20 summit, and though they may take years to fully implement, this model represents the global financial elite’s blueprint for the near future.
The IMF will discuss it’s role in the new world order at it’s biannual assembly in Washington this weekend.The Post article essentially describes the ongoing agenda to empower a group of unelected central bankers with the authority to usurp state sovereignty by overseeing benchmarks for national financial governance and setting regulations for financial institutions all over the globe.
The Post’s description echoes that of World Bank President and Bilderberg elitist Robert Zoellick, who earlier this month openly spoke of using the economic crisis to give global financial bodies the power to regulate national policy as part of the larger creation of global government.
“If leaders are serious about creating new global responsibilities or governance, let them start by modernising multilateralism to empower the WTO, the IMF, and the World Bank Group to monitor national policies.” Zoellick stated.
Of course, The Washington Post can openly announce this, as can every other major media outlet in the world. However if you or I discuss it, it is still dismissed as a “conspiracy theory” by the unwitting majority of the population.
As we have previously reported, both the IMF and the United Nations have thrown their weight behind proposals to implement a de-facto global financial dictatorship. Both bodies have expressed support for new world reserve currency system to replace the dollar as part of the acceleration towards a new economic world order.
Earlier this month after the G20 summit, the London Telegraph’s international business editor also highlighted the agenda, noting that under a clause in Point 19 of the communiqué issued by the G20 leaders, the IMF’s power to create money outside the control of any sovereign body was activated.
The new reserve currency would be formed from Special Drawing Rights (SDRs), a synthetic paper currency issued by the IMF that has lain dormant for half a century.
“The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.” Ambrose Evans-Pritchard wrote.
As we have repeatedly warned, the introduction of a new global currency system, with an overarching regulatory body, is a key cornerstone in the move towards global government, centralized control and more power being concentrated into fewer unaccountable hands.