The premise behind this article is that China is getting nervous about its exposure to U.S. debt and wants some changes to the global financial system to alleviate some of its exposure – certainly a valid concern considering the amount of U.S. debt and currency they hold. The problem is that there is a hidden agenda behind this article – as there is a hidden agenda in many of the articles you read regarding the current crisis. I must say – once again – the deception being perpetrated here is highly intelligent and it’s unknown to almost all of the world’s population.
If you were the global elite and wanted to begin to deceptively prepare the world’s population for a global currency – how would you do this? You would probably talk about how unstable the world’s reserve currency could become and the risks involved with the current reserve currency – and that’s exactly what we’re seeing. If you were the global elite and needed a country to propose a change to the world’s current reserve currency, you would probably choose the country with the most exposure to a fall in the value of the dollar and U.S. debt – and that’s exactly what we’re seeing.
Again, on the surface, it seems perfectly logical that China would request a new, more stable, global currency – and that’s the deception. You see how truly deceptive these people are – it looks logical – and you forget that all of these things are moving us to a global monetary system – just as the Bible tells us will happen. As I’ve said before – our spiritual enemy is much more deceptive than we have been led to believe. His children in this world are not going to take over the world by force – he’s doing it with deception. The ruler of this world is telling you that his plans will help restore order and return you to prosperity – when the truth is that he’s causing all of these problems – so that you’ll trade your freedom for some semblance of security.
MARCH 24, 2009
Wall St. Journal
BEIJING -- China called for the creation of a new currency to eventually replace the dollar as the world's standard, proposing a sweeping overhaul of global finance that reflects developing nations' growing unhappiness with the U.S. role in the world economy.
The unusual proposal, made by central bank governor Zhou Xiaochuan in an essay released Monday in Beijing, is part of China's increasingly assertive approach to shaping the global response to the financial crisis.
John Lipsky, the IMF's deputy managing director, said the Chinese proposal should be treated seriously. "It reflects officials' concerns about improving the stability of the financial system," he said. "It's interesting because of China's unique position, and because the governor put it in a measured and considered way."
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Printed in The Wall Street Journal, page A1