If the Mafia were ever to find a genie-in-a-bottle, and thus obtain the mandatory “three wishes”, there could be considerable debate over how it would choose to expend two of those wishes. However, it is an absolute certainty that one of the wishes would be used to invent a perfect “money-launderer” - an entity who could “launder” infinite amounts of their ill-gotten gains, with absolute secrecy and discretion.
The cabal of Western bankers has no need to rely upon the fortunes of chance to provide them with their own, perfect money-launderer, however. They already have the Bank for International Settlements (or “BIS”). In this respect, I am indebted to a regular reader who supplied me with a wonderful piece which thoroughly reviews the creation of, and the Charter for this most-odious of institutions.
Here I must confess to being derelict in my own education about the banksters. I was aware that the BIS was the “central bank of central banks”, but had no idea what that really signified. Thanks to an illuminating article on a web-site called “The August Review”, I now do understand the role of the BIS – and will pass along what I have learned to our own audience.
The BIS was created in 1930. Naturally, it was located in Switzerland, the nexus for all secret banking on the planet. Though it was officially created by “authorized agents” of the governments of France, Belgium, Germany, the UK, Italy and Japan (along with the acquiescence of the Swiss government); as the article clearly demonstrates, this was primarily an American creation – and institution. Along with the six governments above who helped form and finance the BIS, there were three other “Charter” members: all private bankers, and all American.
Indeed, the planning and scheming that gave birth to the BIS was the product of three individuals, two American bankers, and a German. Of interest, the two American bankers had been appointed (in 1924), to an international committee responsible for getting “reparations payments back on track.” This referred to German war-reparations from World War I – which were mandated in the infamous Treaty of Versailles.
The punitive provisions of this “agreement” (which was essentially forced upon Germany) are widely credited with leading to the collapse of the German economy during the Weimar Republic, the hyperinflation which resulted from that collapse, along with the rise of the Nazi Party, and Adolph Hitler. Thus, by 1924, these banker-friendly governments were eager to get the money flowing again – in an atmosphere of extreme political tension, where the German government had already begun “cheating” on the terms of the Treaty.
It is necessary to understand the political/military/economic context of the times to fully appreciate the original purpose of the Bank for International Settlements, and the “needs” (of the bankers) which it was intended to satisfy. Essentially, the BIS was a vehicle designed to keep the money flowing between nations (and the banker-profits), irrespective of trivial details such as politics, wars, national allegiances, and the laws of nations.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.