Re: China backs talks on dollar as reserve -Russian source
I'm not sure the extent to which most of the subscribers realize how big a deal this actually is, although I would suspect users here are closer to that understanding than most. I won't write a novel here, although that could be done easily given the quantity of data and information that has been pouring over this topic across the world and Internet. Here are the basic things which make this HUGE for the entire world:
1. Although they are presently talking about a new "reserve" currency, or basket of currencies, it is in the shadow of much discussions and planning regarding regional currencies (the Amero, for example for the North American Union) as well as more recently making news the discussions about a new, single global currency. This is all conditioning so that the people of the world will accept a single world currency model. This is a very bad thing as the reasons below indicate.
2. A new single world currency would be tantamount to the a single regulatory system and, shortly thereafter, a single governmental system which controls all "freedoms", choice, laws, etc. It is a very necessary component to the new world order that a single currency emerge and quite possibly the main reason for the economic destruction that is being leveled by the string pullers.
3. The fewer world currencies there are, the less gold/silver provide any level of protection against inflation or wealth destruction. This equates to total financial control by the State over all of humanity and we all know what happens in countries in which this is the case.
4. Lastly, a decision even to divest in the US Dollar into but an element of the reserve basket from sole position undermines tremendously the control the US will wield in the world's financial markets.
This will mark the official end to US super power status.
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