Basel III 2013 – 2019: The Dump Phase Of The Cartel’s Pyramid Scheme

BIS Basel

BIS The Bank Of International Settlements ~ Basel, Switzerland

A new set of regulations that most people have never even heard of that was developed by an immensely powerful central banking organization that most people do not even know exists is going to have a dramatic affect on the global financial system over the next several years.  The new set of regulations is known as “Basel III”, and it was developed by the Bank for International Settlements.

bank

The Bank for International Settlements has been called “the central bank for central banks”, and it is headquartered in Basel, Switzerland.  58 major central banks (including the Federal Reserve) belong to the Bank for International Settlements, and the decisions made in Basel often have more of an impact on the direction of the global economy than anything the president of the United States or the U.S. Congress are doing.

rothschilds infamous 'let me issue & control money' quote, END the FED

All you have to do is to look back at the last financial crisis to see an example of this.  Basel II and Basel 2.5 played a major role in precipitating the subprime mortgage meltdown.

Basel III Implementation

Basel III Implementation

BIS Press release and pdf

Now a new set of regulations known as “Basel III” are being rolled out.  The implementation of these new regulations is beginning this year, and they will be completely phased in by 2019.

These new regulations dramatically increase capital requirements and significantly restrict the use of leverage.

Those certainly sound like good goals, the problem is that the entire global financial system is based on credit at this point, and these new regulations are going to substantially reduce the flow of credit.

The only way that the giant debt bubble that we are all living in can continue to persist is if it continues to expand.  By restricting the flow of credit, these new regulations threaten to burst the debt bubble and bring down the entire global economy.

Not that the current global financial system is sustainable by any means.  Anyone with half a brain can see that the global financial system is a pyramid scheme that is destined to collapse.

Obama-fraud-and-pyramid-scheme

But Basel III may cause it to collapse faster than it might otherwise have.

So precisely what is Basel III?  The following is a definition from the official website of the Bank for International Settlements (BIS)…

“Basel III” is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector. These measures aim to:

  • improve the banking sector’s ability to absorb shocks arising from financial and economic stress, whatever the source
  • improve risk management and governance
  • strengthen banks’ transparency and disclosures.

us-constitution-gold-silver

Basel III Shmazel III Who Cares? They can play house all they want in Basel, Switzerland. The United States had Glass Steagall until Billy Clinton repealed it in 1999. Once that was done the banking cabal raped America. So Basel III is illegal within the borders of The U.S. as Our Constitution prohibits outside management of Our currency.

GLASS STEAGALL ACT

Outlawing Criminal Bankers aka; The Glass Steagall Act!

  1. Decommission Banks For Credit Unions: Reinstall The Glass Steagall Act To Protect American Citizens From The 1% Sociopaths.
  2. How The Too Big To Fail Banks Were Born: Reinstate The Glass Steagall Act!
  3. How Free Americans Became Slaves To The Rothschild Bankers: Glass Steagall Act Will Stop Them ~ You Know, The One Billy Clinton Repealed In 1999 That Allowed The Housing Bubble!

All of that looks good at first glance.  But when you start looking into the details you start realizing what it is going to mean for the global financial system.

  •   Banks are going to be required to have higher reserve ratios and use less leverage.
  • Banks are going to have to be more careful with their money, which is a good thing, but it is also going to mean that credit will not flow as freely.
  • Unfortunately, the only way for a debt bubble to survive is if it keeps expanding.  Anything that restricts the flow of easy money threatens to bring a debt bubble to an end.

These new regulations are going to be phased in between 2013 and 2019.  You can see a chart which shows the implementation schedule for the Basel III regulations right here.

The Con game Of The Banking Matrix.

The Con Game Of The Banking Matrix. CLICK

So why is bringing the debt bubble to an end a bad thing?

Well, because it will cause the false prosperity that we have been enjoying to disappear, and that will be an exceedingly painful adjustment.

trust indian government

Sadly, most people have no idea what is happening.  Most people have never even heard of “Basel III” or “the Bank for International Settlements”.  Most people just assume that the people they voted into office know what they are doing and have everything under control.

OBAMA COMMUNISM rothschildism

Unfortunately, that is not the case at all.  The truth is that an unelected, unaccountable body of central bankers is making decisions which deeply affect us all, and there is not much that we can do about it.

MEET THE BUBBLE MAKERS

MEET THE BUBBLE MAKERS

THE PUMP DUMP SCHEME OF INSIDE TRADERS ->BUBBLES & BUBBLE POPPING!

This unelected, unaccountable body of central bankers played a major role in bringing about the last financial crisis.  The following is a brief excerpt from a recent article posted on Before It’s News

If you have any questions about the power of these Basel Banking Regulations you can also see the effects that Basel II and 2.5, mark to market accounting, had on the Housing Markets in the United States of America in 2008. There were many causes for that housing bubble, then housing crisis, but Basel II and 2.5 was most assuredly the pin that popped the housing bubble that led to the financial crisis of 2008-09.

But do most people know about this?

Of course not.  Most people want to blame the Republicans or the Democrats or Bush or Obama, and they have no idea about the financial strings that are being pulled at the highest levels.

It is so important that we get people educated about how the global financial system actually works.  The following is a summary of how the Bank for International Settlements works from one of my previous articles entitled “Who Controls The Money? An Unelected, Unaccountable Central Bank Of The World Secretly Does“…

Rothschild Khazars

Rothschild Khazars

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.

Even Wikipedia admits that “it is not accountable to any single national government.

Rothschilds Baby

The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.

Rothschild Hitler

Rothschild Hitler

Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.  The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.

They're Back NWO

They’re Back NWO

Nuremberg Trials Are Back On The Menu For Corrupt Politicians: Where Treason Meets Handcuffs By The People!

Even though most people have never even heard of the BIS, the truth is that the global elite have had big plans for it for a very long time.  In another article I included a quote from a book that Georgetown University history professor Carroll Quigley wrote many years ago entitled “Tragedy & Hope”…

[T]he 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. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

Come And Take Them

Today we have such a system, and most of the public does not even know that it exists.

And when the next great financial crisis strikes, there will probably be very little ever said about the Bank for International Settlements in the mainstream media.

But right now the BIS is helping set the stage for the great credit crunch that is coming.

Get prepared while you still can, because time is running out.

State Of Globe

the-federal-reserve

The Federal Reserve System Is A Massive Wealth Redistribution Scheme

During fiscal year 2012, $359,796,008,919.49 that had been forcibly extracted from American taxpayers was transferred into other hands.  Most of it ended up in the pockets of the global elite.

So what did the American people get in return for that 359 billion dollars?  Nothing at all.

No roads were built, no schools were constructed, no teachers were paid and none of it went to national defense.  It was simply interest that was owed on the national debt, and most of it just made the ultra-wealthy even wealthier.

EXTORTION

The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.

The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.

Snow queen obama

  1. But this is exactly what the Federal Reserve system was designed to do when it was created back in 1913.
  2. It was designed to get the U.S. government trapped in an endless spiral of debt that would systematically drain the wealth of the American people and transfer it to the ultra-wealthy and the international bankers.
  3. When most people think of a “wealth redistribution scheme”, they think of a government raising taxes in order to give money to poor people.  But the Federal Reserve system works in reverse.
  4. Money is taken from all of us and it is redistributed to the global elite.  That is why a federal income tax was instituted the exact same year that the Federal Reserve was.
  5. Money is extracted from all of us through taxation, and then it is transferred from the federal government to the ultra-wealthy through debt payments.

So what role does the Federal Reserve system play in all of this?

evil_wallpaper_by_deligaris-d48ps7b1

Many critics of the Fed focus on how much money the Fed makes each year, but that is a mistake.  The truth is that the Fed returns the vast majority of the money that it makes to the U.S. Treasury.  The Fed is not a money making machine itself.  Rather, it is a system that enables others to make hundreds of billions of dollars each year.

Fatcat-Banker--54369

I think that it is easiest to think of the Fed as a “middle man” between the U.S. government and the global elite.  It was designed by the international bankers for the benefit of the international bankers.  The entire goal of the Federal Reserve system is to make the ultra-wealthy even wealthier.

The Fed is a privately-owned banking cartel that has a monopoly over money creation in the United States.  Nobody else, including the U.S. government, can print money.  So those that claim that “the U.S. government can print money” are just dead wrong.

obama constitution

Click To Enlarge

Click To Enlarge

When the U.S. government wants to spend more money than it has, it asks the Fed to make some more money.  The Fed then creates money out of thin air that did not previously exist.  Normally this money is not even printed up.  It is just entered into a computer.

In return for the new money, the U.S. government gives the Federal Reserve some U.S. Treasury bonds.  In essence, U.S. Treasury bonds are promises to pay back money.  But the U.S. government always agrees to pay back more money than it receives.  So a larger amount of debt is created than the amount of new money that is created.

washington debt

When the Federal Reserve receives those U.S. Treasury bonds, most of the time they take them and auction them off to interested buyers.  This is how they get into the hands of the ultra-wealthy and the international bankers.

So how is the U.S. government ever supposed to pay back all that debt if the amount of new debt being created is always larger than the amount of new money that is being created?

Well, the theory is that the money will be able circulate through the U.S. economy really fast and that the federal government will be able to tax it enough times and at a high enough rate to be able to pay off the debt plus the interest.

taxmageddon2013

But that never seems to work out, does it?

Instead, the federal government always finds that it can’t fund government activities and pay off the debt at the same time, so they always come back to borrow more.  That is why it is called a debt spiral.

Jefferson Bank Debt Money

So the debt just keeps getting larger and larger.  Today, the U.S. national debt is more than 5000 times larger than it was when the Federal Reserve was first created.

And as the debt keeps getting larger and larger, so does the money supply.  And that is why we have such a problem with inflation.  Since the Federal Reserve was first created, the U.S. dollar has lost more than 96 percent of its value.

But the global elite are not just doing this in the United States.  They have established similar systems in almost every nation on earth.

So every year, gigantic mountains of money are transferred from taxpayers all over the globe into their pockets.

And that is the primary reason why they have so much money.

It has been estimated that the global elite have up to 32 TRILLION dollars stashed in offshore banks around the planet.

His Secret Expatriation Of U.S. Currency!

His Secret Expatriation Of U.S. Currency!

And that is just the money that we know about.

Are you starting to understand why people are so upset about this stuff?

Fortunately, people all over the world are starting to wake up to this massive wealth redistribution scheme.

The creation of money should belong to the people – not to the global elite.

Just consider a statement that Italian politician Beppe Grillo once made

“Whom does the money belong to? Who does its ownership belong to? To the State fine…then to us, we are the State. You know that the State doesn’t exist, it is only a legal entity. WE are the state, then the money is ours…fine. Then let me know one thing. If the money belongs to us…Why…do they lend it to us??”

italy-600

Doesn’t that make sense?

If the currency of a nation belongs to the people of a nation, then why do we let the elite create our money out of thin air and lend it back to us?

keynesian-glass-cartoon

Keynesian Economics ~ The Mafia’s Debt Based Currency Scheme!

Why do we continue to use a debt-based currency system that is making the global elite far wealthier at the expense of all the rest of us?

For much more on how the Federal Reserve works, please see my previous article entitled “10 Things That Every American Should Know About The Federal Reserve“.

Please share this article with as many people as you can.  I have tried to simplify things as much as possible in this article so that even people that have been through the dumbed-down public education system in the United States should be able to understand it.

So what do you think about the Federal Reserve?

Are you angry that hundreds of billions of dollars are being transferred from U.S. taxpayers to the global elite every single year?

Are you disgusted that money that is created out of thin air by the Federal Reserve is being used to bankrupt our nation and enslave future generations of Americans to trillions of dollars of debt?

The Truth Wins

HEAD OF THE SNAKE ROTHSCHILD

HEAD OF THE SNAKE ROTHSCHILD

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s