Search results for: WEF

On September 25, 1999 in Washington, D.C., the finance ministers of the Group of Seven (G7) (which began 1986) leading industrialized nations announced the creation of the Group of Twenty (G20). "This new international forum of finance ministers and central bank governors represents 19 countries, the European Union and the Bretton Woods Institutions (the International Monetary Fund (IMF) and the World Bank)." [1] "The creation of the G-20 fulfilled the commitment by G-7 leaders at the June 1999 Summit at Köln "…to establish an informal mechanism for dialogue among systemically important countries within the framework of the Bretton Woods institutional system." [2] The G20 (Group of Twenty) is an international forum representing the worlds wealthiest countries and central bank governors from 19 countries and the European Union (EU) they consult on matters pertaining to the international financial system. The World Economic Forum (WEF) claim credit for this forum, which was born out of discussions of how the Asian financial crisis influences the global economy, held at Davos January 30, 1998. [3, 4] At the G-7 meeting with finance ministers and central bank governors announced a proposal “to broaden the dialogue on key economic and financial policy issues among systemically significant..> READ MORE

In 1913 the Federal Reserve System was established. [1] Beginning February 3, 1913 the 16th amendment to the US Constitution was ratified, authorising the Federal government to impose and collect income tax on individuals. On October 3, 1913 President Woodrow Wilson signed the Revenue Act of 1913 re-establishing Federal income tax. Then on December 23, 1913 (the eve of Christmas, when many were already on holidays), President Wilson signed the Federal Reserve Act, known as the Currency bill. Now everything is in place giving a monopoly and control on the creation of money to a consortium of private banks, a system that was conceived in 1910 . [2] This set up provided a monetary system that was doomed to fail from the start.  By 2020 the promissory fiat currency has basically reached the end of it's possible lifespan [2] [from what I've come to understand].  The COVID-19 pandemic provided an "opportunity" for a "Great Reset" and a push for the creation of a Central Bank Digital Currency (CBDC).  The US trade currency, petro-dollar can't "logically" be continued if the Climate Change alarmists want to eliminate oil, so Climate alarmism is helping create the justification for a currency reset...where everyone will..> READ MORE