The apex of the financial control system in Basle, Switzerland – a private bank owned and controlled by the world’s central banks, which are themselves private corporations, and only interacts with central banks. It is self-described as the “central bank for central bankers” that controls the vast global banking system with the precision of a Swiss watch. Little is known or written about the BIS and that is how they like it. It is not accountable to any public authority and operates with complete autonomy and self-sufficiency. Some historians credit Owen Young as the idea-man for the BIS. It was actually Hjalmar Schacht who first proposed the idea, which was then carried forward by the same group of international bankers who brought us the Dawes and Young Plans. As Georgetown historian, Carroll Quigley noted: “The Power of financial capitalism had another far reaching plan, 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.”
When David Rockefeller and Zbigniew Brzezinski founded the Trilateral Commission in 1973, the intent was to create a “New International Economic Order” (NIEO). To this end, they brought together 300 elite corporate, political and academic leaders from North America, Japan and Europe.