Holy Shit!!!!!!!! Central Banks Prepare to Distribute Foreign Currency at Home - Get ready, One World Currency

I had a hard enough time wrapping my head around the Fed loaning money out.

But this?

dude !!!!! ;)

Yep.... You know it Crossfire.... Get this.... WHERE in the US Constitution, does it say you can use another "Sovereign" countries CURRENCY....... hello thats why we have laws about what you can exchange for tender in this country...

How do you get "one world currency" out of that?

Nov. 30 (Bloomberg) -- The Federal Reserve and five other central banks set up agreements to distribute each other’s currencies in the event of a global funding crisis.

“At present, there is no need to offer liquidity in non- domestic currencies other than the U.S. dollar,” the Fed said in a statement. “The central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.”

The bilateral agreements were announced alongside coordinated action by the six central banks aimed at boosting dollar liquidity. Bilateral swaps would enable, for example, the Fed to provide euros, Swiss francs, or British pounds to U.S. banks if needed.

[link to www.businessweek.com]

:werephucked:

Well for one. By Law, and under the constitution, only US currency can be used for legal tender by the US Treasury and agreement with the Federal Reserve.

2 - Read the writing on the wall dude, if you can exchange EU, Francs, Swiss or Pound for US dollar swaps or vice-versa.... you defacto have a mutual one world currency.... hello!!!!!!!

Haven't we always been able to exchange our currency for others and vice-versa? Just trying to understand this...

How do you get "one world currency" out of that?

You are overreacting because of your ignorance.

*courtesy of John Galt FLA*

Nov. 30 (Bloomberg) -- The Federal Reserve and five other central banks set up agreements to distribute each other’s currencies in the event of a global funding crisis.

“At present, there is no need to offer liquidity in non- domestic currencies other than the U.S. dollar,” the Fed said in a statement. “The central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.”

The bilateral agreements were announced alongside coordinated action by the six central banks aimed at boosting dollar liquidity. Bilateral swaps would enable, for example, the Fed to provide euros, Swiss francs, or British pounds to U.S. banks if needed.

[link to www.businessweek.com]

How do you get "one world currency" out of that?

All comes from one bank. Different names, one currency. American, Chinese, Italian, different "names" all one...human.
(Correct me if I'm wrong OP)

All comes from one bank. Different names, one currency. American, Chinese, Italian, different "names" all one...human.
(Correct me if I'm wrong OP)

How do you get "one world currency" out of that?

^ You Got it Bro!

There's already a world wide currency, its called credit. It usually comes in plastic. Be worried when they quit printing money and use made up electronic currency. People use it everyday and don't think twice about it. Some areas are just catching up.

Ron Paul is a staunch supporter of one world currency. Ya that is correct. Dear ole Ron Paul.

*courtesy of John Galt FLA*

Nov. 30 (Bloomberg) -- The Federal Reserve and five other central banks set up agreements to distribute each other’s currencies in the event of a global funding crisis.

“At present, there is no need to offer liquidity in non- domestic currencies other than the U.S. dollar,” the Fed said in a statement. “The central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.”

The bilateral agreements were announced alongside coordinated action by the six central banks aimed at boosting dollar liquidity. Bilateral swaps would enable, for example, the Fed to provide euros, Swiss francs, or British pounds to U.S. banks if needed.

[link to www.businessweek.com]

:werephucked:

There's already a world wide currency, its called credit. It usually comes in plastic. Be worried when they quit printing money and use made up electronic currency. People use it everyday and don't think twice about it. Some areas are just catching up.

*courtesy of John Galt FLA*

Nov. 30 (Bloomberg) -- The Federal Reserve and five other central banks set up agreements to distribute each other’s currencies in the event of a global funding crisis.

“At present, there is no need to offer liquidity in non- domestic currencies other than the U.S. dollar,” the Fed said in a statement. “The central banks judge it prudent to make the necessary arrangements so that liquidity support operations could be put into place quickly should the need arise.”

The bilateral agreements were announced alongside coordinated action by the six central banks aimed at boosting dollar liquidity. Bilateral swaps would enable, for example, the Fed to provide euros, Swiss francs, or British pounds to U.S. banks if needed.

[link to www.businessweek.com]

Ron Paul is a staunch supporter of one world currency. Ya that is correct. Dear ole Ron Paul.

Yawn, Bullshit.

Ron Paul states only the treasury has the constitutional authority to issue currency.

Got Agenda?

Frater

I'll be happy when people are just given X-amount of credits at birth to access in their lifetime, if they waste it they don't get anymore and are arrested as rogue useless citizens, financial terrorists or whatever else title we can pin on them.