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Bank of International Settlements

Bank of International Settlements

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.

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Chronological History of Events Related to the Bank of International Settlements

BIS Quarterly Review Warns Of Disaster Re $17 Trillion Negative-Yield Debt

BIS Quarterly Review Warns Of Disaster Re $17 Trillion Negative-Yield Debt

Claudio Borio, Head of the Monetary and Economic Department at the BIS, published the BIS Quarterly Review, September 2019on Sunday, revealing how the increasing acceptance of negative interest rates has reached “vaguely troubling” levels. The statement comes after the Federal Reserve and European Central Bank (ECB) cut interest rates to flight a global manufacturing slowdown — Borio said that the effectiveness of monetary policy is severely ...
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The BIS Abandons the Swiss Gold Franc and Replaces it with Special Drawing Rights (SDR) - The Last of Gold-Backed Currency!

The BIS Abandons the Swiss Gold Franc and Replaces it with Special Drawing Rights (SDR) – The Last of Gold-Backed Currency!

On March 10, 2003, the Bank of International Settlements (BIS) abandoned the Swiss gold franc as the bank’s unit of account since 1930, and replaced it with the SDR. SDR stands for Special Drawing Rights and is a unit of currency originally created by the IMF. According to James C. Baker, pro-BIS author of The Bank for International Settlements: Evolution and Evaluation, "The SDR is an ...
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Dr. Carroll Quigley Publishes 'Tragedy and Hope: A History of the World in Our Time"

Dr. Carroll Quigley Publishes ‘Tragedy and Hope: A History of the World in Our Time”

Carroll Quigley was an insider according to his own words: "I have studied it (secret international network) for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments ...
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The Hague Agreement of 1930: The Formation of the Bank of International Settlements by the Central Banks Under the Auspices of German Reparation Payments for WWI

The Hague Agreement of 1930: The Formation of the Bank of International Settlements by the Central Banks Under the Auspices of German Reparation Payments for WWI

The formation of the BIS was agreed upon by its constituent central banks in the so-called Hague Agreement on January 20, 1930, and was in operation shortly thereafter. According to the Agreement, The duly authorized representatives of the Governments of Germany, of Belgium, of France, of the United Kingdom of Great Britain and Northern Ireland, of Italy and of Japan of the one part. And the ...
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