Hidden financial system
26.3K views | +0 today
Follow
Hidden financial system
I shall wear the creditors’ loathing with pride. ~~~ Yanis Varoufakis, Greece’s former finance minister
Curated by Cyrille
Your new post is loading...
Your new post is loading...
Scooped by Cyrille
Scoop.it!

Inside the Secret Meeting Where Wall Street Tested Digital Cash

Inside the Secret Meeting Where Wall Street Tested Digital Cash | Hidden financial system | Scoop.it


We created a digital dollar” to show the group at Nasdaq an instant debit and credit on a blockchain, said Marc West, chief technology officer at Fiserv, a transaction and payments company with more than 13,000 clients across the financial industry. “This is the first time the money has moved.


more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Saudi Arabia Plays Russian Roulette

Saudi Arabia Plays Russian Roulette | Hidden financial system | Scoop.it

 

Crashing oil markets and a massive US deficit; is Saudi Arabia's dump of at least $1 trillion in US securities only the tip of the iceberg ?

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

China Dumps Record $120 Billion In US Treasurys In Two Month Via Belgium

China Dumps Record $120 Billion In US Treasurys In Two Month Via Belgium | Hidden financial system | Scoop.it

 

But what is perhaps most curious is that even with China liquidating such a massive amount of US paper into a very illiquid market, the yield on the 10Y did not blow out far more in the months of March or April. And the last question: who did China sell all this paper to?

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Federal Reserve Insider Alan Greenspan Warns: There Will Be a "Significant Market Event... Something Big Is Going To Happen"

Federal Reserve Insider Alan Greenspan Warns: There Will Be a "Significant Market Event... Something Big Is Going To Happen" | Hidden financial system | Scoop.it

 

He thinks something big is going to happen that we can’t get out of this era of money printing without some repercussions – and pretty severe ones – that gold will benefit from.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Rand Paul Explains What The Dollar Is Backed By: "Used Car Loans, Bad Home Loans, Distressed Assets And Derivatives"

Rand Paul Explains What The Dollar Is Backed By: "Used Car Loans, Bad Home Loans, Distressed Assets And Derivatives" | Hidden financial system | Scoop.it

 

“Once upon a time, your dollar was as good as gold,” Mr. Paul said, speaking at an event organized by the libertarian-leaning group Liberty Iowa. “Then for many decades, they said your dollar was backed by the full faith and credit of government. Do you know what it’s backed by now? Used car loans, bad home loans, distressed assets and derivatives.”

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Financial System : A Global House Of Cards Resting On Corruption -- Paul Craig Roberts

Financial System : A Global House Of Cards Resting On Corruption -- Paul Craig Roberts | Hidden financial system | Scoop.it

 

An easy explanation is that Japan is being ordered to destroy its currency in order to protect the over-printed US dollar. As a vassal state, Japan suffers under US political and financial hegemony and is powerless to resist Washington’s pressure.

 

The extent of financial corruption involving collusion between the mega-banks and the financial authorities is unfathomable. The Western financial system is a house of cards resting on corruption.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

The Coming Return of the Real US Dollar

The Coming Return of the Real US Dollar | Hidden financial system | Scoop.it

 

The Federal Reserve System (aka the "Fed"), a bank franchisee of the City of London private Zionist Bankers, is now cornered and in a predicament with no simple solution possible.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

By "Punishing" France, The US Just Accelerated The Demise Of The Dollar

By "Punishing" France, The US Just Accelerated The Demise Of The Dollar | Hidden financial system | Scoop.it

 

In other words, the head of the French central bank, and ECB member, Christian Noyer, just issued a direct threat to the world's reserve currency (for now), the US Dollar.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Russia Is Doing It – Russia Is Actually Abandoning The Dollar

Russia Is Doing It – Russia Is Actually Abandoning The Dollar | Hidden financial system | Scoop.it

 

The largest natural gas producer on the planet, Gazprom, has signed agreements with some of their biggest customers to switch payments for natural gas from U.S. dollars to euros.

 

It is one of the largest companies in the entire world and it makes up 8 percent of Russian GDP all by itself.  It holds 18 percent of the natural gas reserves of the entire planet, and it is also a very large oil producer.

 

Dyukov said nine of ten consumers had agreed to switch to euros.

 

Meanwhile, Russians have been pulling money out of U.S. banks at an unprecedented pace...

 

Deposits by Russians in US banks suddenly plunged from $21.6 billion to $8.4 billion. They yanked out 61% of their deposits in just one month!

 

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Putin is a pawn of the bankers

Putin is a pawn of the bankers | Hidden financial system | Scoop.it

 

A willing pawn of the NWO, or not, Putin is no hero. He is doing exactly what is expected. Make no mistake about, the BIS controls the central banks, world finance and Putin. The New World Order is very much alive.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Yet Another Massive Nail In The Dollar's Coffin

Yet Another Massive Nail In The Dollar's Coffin | Hidden financial system | Scoop.it

 

The renminbi has already surpassed the euro to become the #2 most-used currency in the world when it comes to trade settlement, according to a report released yesterday by the Society of Worldwide Interbank Financial Telecommunication (SWIFT).

 

Right now the renminbi has about an 8.6% share of the global market for trade settlement. Granted, the dollar has the lion’s share of trade settlement at more than 80%.

 

But just look at how quickly the renminbi has grown; in January 2012, its share of the global market was just 1.9%. So it’s grown by nearly a factor of 5x in less than two years.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Chinese Yuan Surpasses Euro, Becomes Second Most Used Currency In Trade Finance

Chinese Yuan Surpasses Euro, Becomes Second Most Used Currency In Trade Finance | Hidden financial system | Scoop.it

 

Slowly but surely the Chinese currency is catching up to the world's reserve and moments ago, according to SWIFT, the Yuan just surpassed the Euro in trade [ ]

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

China Announces That It Is Going To Stop Stockpiling U.S. Dollars

China Announces That It Is Going To Stop Stockpiling U.S. Dollars | Hidden financial system | Scoop.it

 

China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States.  The central bank of China has decided that it is "no longer in China’s favor to accumulate foreign-exchange reserves". 

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Is This The Biggest Crisis In History ?

Is This The Biggest Crisis In History ? | Hidden financial system | Scoop.it

 

The previous "biggest crisis in history" was in 1893 when a serious economic depresion hit America. We just topped that in terms of the gold/oil "crisis" ratio, making us wonder: what crisis is just around the corner, and just how big will it be?

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Russia Breaking Wall St Oil Price Monopoly

Russia Breaking Wall St Oil Price Monopoly | Hidden financial system | Scoop.it

 

Russia has just taken significant steps that will break the present Wall Street oil price monopoly, at least for a huge part of the world oil market.


The move is part of a longer-term strategy of decoupling Russia’s economy and especially its very significant export of oil, from the US dollar, today the Achilles Heel of the Russian economy.

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Major American Allies Ignore U.S. Pleas and Join China’s Development Bank

Major American Allies Ignore U.S. Pleas and Join China’s Development Bank | Hidden financial system | Scoop.it

 

France, Germany and Italy have all agreed to follow Britain’s lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading western countries out of the new institution…

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Dollar Dump Begins: Russia Unloads 20% Of Its Total U.S. Holdings In ONE Month

Dollar Dump Begins: Russia Unloads 20% Of Its Total U.S. Holdings In ONE Month | Hidden financial system | Scoop.it
Is Russia now starting to make its own moves? And are they working in unison with the Chinese in an effort to debase the dollar?
more...
No comment yet.
Scooped by Cyrille
Scoop.it!

It’s Time to Strike At the Root

It’s Time to Strike At the Root | Hidden financial system | Scoop.it

 

Yes, it's time to strike at the Root Cause of all the Evil that has engulfed the United States of America Our Republic and most of the World.

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Putin Signs Secret Pact to Crush NATO

Putin Signs Secret Pact to Crush NATO | Hidden financial system | Scoop.it

 

If Putin has his way, the SCO could not only rival NATO, it could fashion a new financial structure that directly competes with the IMF and World Bank. The New Development Bank (FKA the BRICS Bank), created this past summer in Brazil, was a first step in that direction. And that could lead to the dethroning of the US dollar as the world’s reserve currency, with dire consequences for the American economy.

 

As I argue in The Colder War, I believe that this is Putin’s ultimate aim: to stage an assault on the dollar that brings the US down to the level of just one ordinary nation among many… and in the process, to elevate his motherland to the most exalted status possible.

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy"

Putin Says The Petrodollar Must Die, "The Dollar Monopoly In Energy Trade Is Damaging Russia's Economy" | Hidden financial system | Scoop.it

 

President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia's economy.

 

"We should act carefully. At the moment we are trying to agree with some countries to trade in national currencies [ ]"

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

BRICS morphing into anti-dollar alliance

BRICS morphing into anti-dollar alliance | Hidden financial system | Scoop.it

 

"We are discussing with China and our BRICS parters the establishment of a system of multilateral swaps that will allow to transfer resources to one or another country, if needed. A part of the currency reserves can be directed to [the new system]."

 

"I think the work on ruble-yuan swap line will finalized in the nearest future and the way for ruble-yuan settlement will be open. Moreover, we are not the only ones with such initiatives. We know about the statements made by Mr. Noyer, chairman of the Bank of France. As a retaliation for what Americans have done to BNP Paribas, he opined that the trade with China must be done in yuan or euro."

 

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

US military protecting international banking cartel

US military protecting international banking cartel | Hidden financial system | Scoop.it

 

“My assessment is that 90% of the value of the US dollar comes from the US military.”
— Former Assistant Housing Secretary Catherine Austin Fitts


more...
No comment yet.
Scooped by Cyrille
Scoop.it!

Top adviser to the Chinese government calls for a “global currency” to replace the U.S. dollar

Top adviser to the Chinese government calls for a “global currency” to replace the U.S. dollar | Hidden financial system | Scoop.it

 

The former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.

more...
No comment yet.
Scooped by Cyrille
Scoop.it!

The Dying Dollar

The Dying Dollar | Hidden financial system | Scoop.it

 

Federal Reserve and Wall Street Assassinate US Dollar

 

more...