What kind of weird title is that for a blog post, you might wonder. My husband and I were sitting around discussing the demonitization of our currency, geoengineering, government corruption and the New World Order, you know, a typical Tuesday night. He brought up what he thinks will be the next big currency. This one, he believes, will be a global currency distributed by the United Nations i.e. the new world government.
Remember the video I shared the other day? If not, here it is. If you didn’t watch it, do it now.
The History of the Dollar
- 1787 – According to Article 1 Section 8 of the U.S. Constitution, Congress can coin money, regulate the value and fix the standards of weights and measures.
- 1792 – Coinage Act of 1792 established the U.S. Mint and created the regulation of coins. This Act created and established America’s first currency.
- $1 = a silver coin worth .75 oz of silver
- Eagle Coin = 1/2 oz gold coin worth $10
- All American coins were to bear a symbol of liberty, the word “liberty” and the year of coinage.
- This was considered Lawful Money for the first 80 years of United States history.
- Section 19 of the Coinage Act of 1792 invoked the death penalty for anyone who was caught debasing the nation’s money.
- Article 1 Section 10 of the U.S. Constitution states that no state shall coin money, emit bills of credit, or make anything other than gold or silver legal tender for payments of debt.
- Emit Bills of Credit = issuance of unbacked, paper promisary notes.
- 1791 – First Bank of the United States was established.
- Charter was revoked by James Madison in the same year
- 1816 – Second Bank of the United States was established.
- Charter was revoked in 1833
- 1861 – President Abraham Lincoln printed unbacked paper money in order to fund the Civil War, or the War of Northern Aggression.
- All coins were converted to the unbacked Greenback currency
- This made Lincoln eligible for the death penalty according to the Coinage Act of 1792.
- 1866 – the silver half dime was replaced with the 5 cent nickel
- 1907 – Financial bigwig J. P. Morgan helped propagate rumors that several high profile banks were completely insolvent.
- This led to mass panic and a large number of people pulling their wealth out of the banking systems.
- These events lead to a massive financial crisis in the United States.
- This was the event that paved the way for the establishment of the Federal Reserve Bank.
- 1913 – Federal Reserve Bank is established and Federal Reserve Notes are printed.
- 1931 – Demonitization of gold by FDR for the purpose of “stimulating the economy”.
- May 1st 1931 was named the deadline for citizens to turn over their gold coins, certificates and bullion.
- The ownership of gold was criminalized, any who did not turn over their gold resources would face fines of up to $10,000 or 10 years in prison, or both.
- People turned in their gold to the U.S. Federal Reserve for a price of $20 per oz.
- Immediately after all gold had been collected, the price of gold was adjusted to $35 per oz, essentially robbing every single person in the United States who complied with the executive order to turn over their gold.
- 1944 – 730 delegates from around the world established the Bretton Woods Agreement.
- This agreement established the U.S. Dollar as the world’s reserve currency.
- International commodities were priced in U.S. Dollars under the condition that the dollar would remain redeemable for gold at the consistent rate of $35 per oz.
- 1946 to 1964 – Baby Boom
- 78 million babies were born and added to the population of the United States
- This spike in population required the printing of more dollars.
- There was nothing named in the Bretton Woods Agreement to prevent the Federal Reserve from expanding and printing more paper money at will.
- 1964 – The last year that American coins were struck with real silver.
- This was the second to last step in severing the U.S. Dollar’s connection with any type of precious metal.
- 1971 – President Richard Nixon ended the Bretton Woods Agreement.
- Nixon suspended the convertablity of dollars into gold, “temporarily”
- This was done for the expressed purpose of “protecting the U.S. dollar from gold speculators.
- The reality was, other nations were seeing the rampant printing of money and realizing that it would not be long before there was more paper dollars than there was actual gold in the U.S. Treasury.
- This action by Richard Nixon essentially robbed every nation that had entrusted the United States Federal Reserve with their gold.
- 1973 – The Petro Dollar was born.
- Nixon created the Petro Dollar by striking a deal with the king of Saudi Arabia to only sell Saudi oil for U.S. Dollars.
- In exchange, Saudi oil fields would be protected by the United States Military.
- The same deal was struck with other nations in OPEC in 1975, ensuring that all oil purchased by all nations was purchased using the U.S. Dollar.
- As long as oil can only be purchased with the dollar, the Federal Reserve is able to print as much as they want, essentially for free.
- 1993 – U.S. invades Iraq in the Gulf War
- United States supremecy is dependent on foreign powers using the Petrodollar.
- Any country that has tried to get around that has been met with U.S sanctions and, in some cases, military engagement.
- November 2000 – Sadaam Husseine challenged U.S. supremecy by selling Iraqi oil for Euros instead of dollars.
- Within 10 months of this act of rebellion, the 9/11 attacks occurred.
- Within a few months of those attacks, the U.S. government, President George W. Bush and the mainstream news media had propagated the story of Iraq holding Weapons of Mass Destruction.
- Iraq was invaded over this threat to United States financial and world market dominance.
- 2011 – The leader of Libya attempted to create a gold backed currency called the Dinar.
- The country was destabilized and the leader executed unceremoniously.
- Almost immediately the Libyan Central Bank was established and the Dinar was dead in the water.
Aqua Dollar Theory
Let’s take a look at the pattern of U.S money. It started out honest, gold and silver backed and easy for all to obtain. That was the point back then, after all, to make it possible for all people to obtain wealth and not just a select few. When the precious metals were taken away from the money it was, essentially, due to the fact the gold was running out. There were too many people for the amount of precious metals that were in the U.S. Treasury.
So they changed it to the Petro Dollar in order to hold on the status as a world super power. But we have all heard the rumors that the oil wells are starting to dry up. I have no idea if that is true or not, but it stands ot reason that it might be. Oil is a finite resource, much like precious metals, that takes eons to replenish what takes only a few years to deplete.
We have already seen the belief expressed by people like the CEO of the Nestle corporation that water is a commodity to be privatized, not a human right. The CEO of Nestle would like to see the water industry completely privatized so that water usage is taxed and no one has access to water in any form without paying an exorbitant fee for the “privelege” of accessing the one thing on this planet essential to all life.
We also know that geoengineering and weather modification is a tool that the powerful use to maintain a level of control. Over the past few years the theory has been spoken many times that the drought in the Western U.S. may be being engineered for a purpose. What if that purpose is to dry up water supplies, therefore creating a need for people to turn to the powerful elite to regulate the water supply.
Whenever people turn to the government for regulation and assistance it ends badly. Rights are taken away, people are made to suffer, while a certain group of people profits and flourishes. Is it too much of a stretch of the imagination to envision the United States government or possibly the United Nations seizing control of all water sources?
There is already an executive order in place that gives the POTUS the authority to take control of water, agriculture, industry, etc, in the event of a threat to national security. Would an unprecedented drought and the drying up of a significant portion of natural water resources consitute the type of threat to national security that could make that executive order go into effect?
Imagine a world in which all water is regulated and restricted. A world where only specially licensed people and corporations are allowed to access, and distribute, water. This might sound Orwellian and farfetched, but I would imagine if we could travel to the past and tell the people 18th century America that someday their money would be paper and backed only by foreign oil they would think it was farfetched and crazy as well.