Monday, July 6, 2015

Greece Could "Print" Its Own Money | BRICS Meeting Between Greece and Russia? - Russian Oil Makes Athens Europe’s Energy Hub!

There is talk that this recent move by Greece, refusing to payback the IMF, opens the door to work with the BRICS Bank, which plans on opening its doors 6 months sooner than expected. Whether or not this provides this nation of Austerity stricken people any more freedom and prosperity is unclear. The BRICS bank is designed to compete with the IMF, a money making institution with the major point of difference being its member supporters. '

This was discussed in the post Globalist Agenda Watch 2015: Update 14 – The coming BRICS gold standard, Ron Paul, and the Rockefellers:

"For the NDB to build its initial credibility, it will have to maintain high standards of lending and ensure minimal defaulters. The two most important questions are how to create strong and efficient domestic financial structures that could work in tandem with the regional institution and extend high quality loans to improve its credit rating.And if it has to earn profits on the loans – which it should for future expansion –NDB will also have to charge an interest rate. 
While smaller developing countries could borrow from the NDB without facing austere conditions, presenting a viable domestic environment for investment – most of which are plagued by inefficient governance and the poor ability of repayment even with a concessional interest rate – will be a challenge." ...
"As Vikram Nehru, Senior Associate, Asia Program, Bakrie Chair in Southeast Asian Studies, Carnegie Asia Program says, “The New Development Bank will have to borrow from capital markets to leverage its equity and will therefore need to charge an interest rate that will be close to the IBRD interest rate. [these rates from 3% to 60%] This means that the NDB's clients are most likely to be creditworthy developing countries. In the initial period, it is very likely that the NDB will lend only to the BRICS themselves [how does this help stop the cabal?], but gradually more developing country members could be added as potential borrowers. The upshot is that low income developing countries are very unlikely to gain access to NDB resources, at least not for the foreseeable future and under its current proposed design.” - RT
The telephone conversation between Greek Prime Minister Alexis Tsipras and Russian Deputy Finance Minister Sergei Storchak today could have been about any number of things, but it is unclear whether financial negotiations took place. 

The people of Greece have a chance to develop a local currency, producing it as an interest free (debt free) money system much like Colonial Script used by the early American colonists. At the time, the 'kings coin' was not used as it came with taxes and levies and they decided to use their own fiat money system, which came with no debt. Bill Still discusses this extensively in his film The Secret Of Oz found in the post RV/Gold Bait and Switch? - Secular Value vs Absolute Value - Hidden History of Gold

Here is a video from AJ discussing some of the potential implications of this decision:

Greece Says NO! Democracy vs the Bankers in 60 Seconds
The Greek people have rejected the bailout terms set by creditors, but Greece still owes them billions. So what now?
Posted by AJ+ on Monday, July 6, 2015

The first article discusses this solution of Greece printing its own money, followed by an article about the telephoned discussion between the Greek Prime Minister and the Russian Deputy Finance Minister.

- Justin
Source - Zero Hedge

There is Only One Way Out For Greece

Brussels has been dead wrong. The stupid idea that the euro will bring stability and peace, as it was sold from the outset, has migrated to European domination as if this were “Game of Thrones”. Those in power have misread history, almost at every possible level.The assumption that the D-marks’ strength was a good thing that would transfer to the euro has failed because they failed to comprehend the backdrop to the D-mark.
Germany moved opposite of the USA toward extreme austerity and conservative economics because of its experience with hyperinflation. The USA moved toward stimulation because of the austerity policies that created the Great Depression, which led to a shortage of money, and many cities had to issue their own currency just to function. The federal government thought, like Brussels today, that they had to up the confidence in the bond market and that called for raising taxes and cutting spending at the expense of the people. The same thinking process has played out numerous times throughout history. Our problem is that no one ever asks – Hey, did someone try this before? Did it work? This is why history repeats – we do ZERO research when it comes to economics. It is all hype and self-interest.

1000 drachma

Greece should immediately begin to print drachma. By no means has the introduction of a new currency been a walk in the park. There is always a learning curve, as in the case of East Germany’s adoption of the Deutsche mark, the Czech-Slovak divorce of 1993, and the creation of the euro itself . However, the bulk of transactions today are electronic, meaning we are dealing with an accounting issue more than anything. The euro existed electronically BEFORE it became printed money; Greece should do the same right now.


The difference concerning East Germany and others was the fact that there was no history. This is more akin to the 1933 devaluation of the dollar by FDR whereby an executive order reneged on promises to pay prior debt in gold. This would be similar. The new drachma should be issued at two-per euro, only because the people will think the drachma should be worth less than a euro based on pride. If the new drachma is issued at par, the speculators will sell, assuming it will decline. Issue it at 50% and you will eventually see the opposite trend emerge once people see the contagion begin to spread.
Brussels already cut off the banks in Greece. All accounts in Greece should be electronically switched to drachmas. Begin to issue printed drachma for small change. The umbilical cord to Brussels must be cut immediately for Greece to stand on its own. You cannot negotiate with people who will not change their view of the world, for their own self-interest will cloud their perspective.
All EXTERNAL debt should be suspended. Any future resolution of debt should be reduced by 50% to account for the overvaluation of prior debt, thanks to the euro, and any interest previously paid should be deducted from the total loan.
All income tax should be abolished and the only taxation should be indirect. A close examination of the cost of government should be carried out and as many aspects of government as possible should be privatized and put out for bid. For example, motor vehicle and police agencies can privatize, eliminating pensions paid by the government. The size of government must be addressed, or Greece will risk civil war between government workers and private citizens.
Eliminating the income tax is critical and desperately needed for job creation. Small business must be profitable to begin to creating jobs and those who had to leave, whom are the nations’ brightest, will return. Bring your best talent home and build an economy.

London Agreement signed Aug 1953
Eliminating the debt is critical. Some 20 nations forgave all debt for Germany after World War II. The London Agreement on German External Debts, also known as the London Debt Agreement, was a debt relief treaty between the Federal Republic of Germany and its creditor nations that concluded August 8, 1953.
London Agreement 1953
The London Debt Agreement covered a number of different types of German debt, both public and private, from before and after World War II. Some of them arose directly out of the efforts to finance the reparations system, while others reflect extensive lending, mostly by U.S. investors to German firms and governments. Those who forgave German debt: Belgium, Canada, Denmark, France, Great Britain, Greece, Iran, Ireland, Italy, Liechtenstein, Luxembourg, Norway, Pakistan, Spain, Sweden, Switzerland, South Africa, the United States, Yugoslavia, and others. The total amount under negotiation was 16 billion marks of debt, a result of the Treaty of Versailles after World War I, a debt that went unpaid during the 1930s that Germany decided to repay to restore its reputation. This was money owed to government and private banks in the U.S., France, and Britain. Another 16 billion marks represented postwar loans by the USA. Under the London Debts Agreement of 1953, the repayable amount was reduced by 50% to about 15 billion marks and stretched out over 30 years, and compared to the fast-growing German economy were of minor impact.
Therefore, what enabled Germany to rise from the ashes is a successful model. Greece too must be debt free. End federal borrowing, suspend all debt, and do not accept any more bailouts from Brussels.

Source - AscendingStarseed

Russia Opens Door To Greece As Sixth Member Of New BRICS World Bank: Russian Oil Makes Athens Europe’s Energy Hub!

Alexis Tsipras and Vladimir Putin produce no major announcements or finance initiatives for Athens
Greek Prime Minister Alexis Tsipras on Monday held a telephone conversation with Russian Deputy Finance Minister Sergei Storchak. During the conversation, Storchak invited Greece to become the sixth member of the New Development Bank of BRICS countries, Greece’s Syriza party reported on its website. Storchak is a representative of the BRICS Bank which is now being established.
The newly appointed chief of the bank is Kundapur Vaman Kamath, the former Non-Executive Chairman of ICIC Bank, India’s second largest bank.
“The Prime Minister thanked Storchak and said he was pleasantly surprised by the invitation for Greece to be the sixth member of the BRICS Development Bank. Tsipras said Greece is interested in the offer, and promised to thoroughly examine it. He will have a chance to discuss the invitation with the other BRICS leader during the 2015 International Economic Forum in St. Petersburg,” the report read.
On July 15, 2014, in Fortaleza, Brazil, the BRICS member countries signed an agreement to establish the $100 billion New Development Bank, formerly referred to as the BRICS bank, and a reserve currency pool set at $100 billion. Russia will contribute $18 billion to the pool, along with India and Brazil. China is expected to contribute the largest share of $41 billion, with South Africa chipping in the remaining $5 billion.
The bank is expected to be one of the largest financial institutions to fund various infrastructure projects in the BRICS countries and emerging economies.
The BRICS group of prominent emerging economies was established in 2010, when South Africa joined Brazil, Russia, India and China in what was previously known as the BRIC nations. The BRICS countries make up about 40 percent of the world’s population and a combined economy of about $16 trillion.
russia turkey oil stream
Greek PM Alexis Tsipras said he is hopeful Greece will play a big role in the Turkish Stream pipeline project, making it a hub between Turkey and the European gas market, after meeting Russian President Vladimir Putin Wednesday.
“The new route will provide for European fuel needs, and would allow Greece to become one of the main power distribution centers on the continent, and could help attract significant investment into the Greek economy,” Putin said at a joint news conference with Tsipras.
Russia Gazprom
This is interesting because when the Muslim Brotherhood was removed from Egypt by the people’s military they went to Turkey to continue NWO attempts at controlling the Middle East Banking System. Looks like Russia is wasting no time in out maneuvering their scheme. At the same time, China’s AIIB’s Financial Silk Road is right there competing against Rothschild’s NWO IMF.
Saudi Arabia
Now don’t forget Saudi Arabia is no longer using the US petrodollar exclusively. This is why the NWO US brought in al-Qaeda into Yemen to agitate a nation state over throw just like they did in Ukraine. Ukraine is where they want to get back into Russia ~ just like in Yemen they want to get back into S. Arabia exclusively.
This is why Egypt who dealt with the NWO Muslim Brotherhood trying to control their state and finances just sent Jet fighters to Yemen to help S. Arabia get rid of the US al-Qaeda. Al-Qaeda are a gaggle of mercenaries trained and outfitted by US tax payer’s dollars by NWO Obama puppet. ~ Volubrjotr
The new Turkish Stream pipeline will travel to the Turkish town of Ipsila close to the Greek border. The possibility is that 47 billion cubic meters (bcm) of gas can be delivered to Central Europe, the Balkans, and possibly Italy via the new pipeline.
The Greek PM sees the project as a way to boost jobs and investment in the Greek economy, which has been in recession for the last six years.
“Our pipelines will receive gas from the Turkish border, and will provide energy security for both Greece and the European market,” Tsipras said.
Greece is interested in attracting investment, from Russia and others, to construct the pipeline on Greek territory.
Its Happening In Greece Too!  Greece Military High Fives Fellow Citizen Fighting Banker's Crime Of Austerity.
Russia is considering giving Greece funds based on future profits that Athens would earn from shipping gas to Europe, Reuters reported on Wednesday, citing a Greek government official.
The source added that Greece would pay back the prepayment after the pipeline started operating. Lower prices for Russian gas would also be linked to the project, the source said.
Russia Turkey Greece Oil AIIB Money
This Is What The AIIB Is About
Until March 31 countries can submit for membership of the Asian Investment Infrastructure Bank (AIIB), a financial institution proposed by China, which has the purpose of being a multilateral framework to finance infrastructure projects in the wide Eurasian region. In recent weeks many Western countries have submitted for membership, the US rejected application as it fears strong cooperation between Asia and Europe will weaken the US dollar hegemony. On April 15 the final list of the founding members will be disclosed.
In October 2013 the initial idea for the AIIB was first put forward by Chinese President Xi Jingping “on constructing a 21st Century Maritime Silk Road to promote maritime cooperation”. The strategic vision has currently developed into the New Silk Road Economic Belt, of which the AIIB is one segment. Another segment is, for example, the Silk Road Infrastructure Fund.
The New Silk Road Economic Belt Strategic Vision
As early as February 2014, Xi held a meeting with the Gulf Cooperation Council (GCC) to establish better ties between China and the Gulf, for free trade and to secure China’s oil supplies.
That same month China’s Foreign Minister Wang Yi went on a flurry of trips to meet with Israeli Prime Minister Benjamin Netanyahu, the Saudi Arabian crown prince, the Iranian Foreign Minister, as well as many nations in the Gulf and North Africa.
But, ole Netanyahu works for the Zionists aka; NWO Rothschild Banking Cabal and just fraudulently absconded Syria’s Golan Heights oil and sold it to Jacob Rothschild And Fox News owner Rupert Murdoch. Who are they going to sell their oil too now?
This is all in the Levant Basin which is primarily owned by Rothschild. This is why they are wiping out the Palestinians for unobstructed ownership. This is the why for the Syrian chaos ~ they are murderous vipers. Hamas is a moniker from the NWO Muslim Brotherhood to foment the spectre of war which develops the pretentious excuse for wiping out the Palestinians.  ~ Volubrjotr
gaza hamas palestine
West Asia is the region where more than 30 ports of various sizes and functions allow China to both import 60% of its annual requirements of oil and export goods destined for Europe, the premier market for “Made in China”, as well as transport to and from Africa.
It was agreed Beijing will finance a three hundred kilometers high-speed rail between the cities ofEilat and Ashdod, connecting the Red Sea coast to the Mediterranean.
As explained in a study by the Center for Research in International Affairs in Herzliya, the Chinese focus to build new ports and the high-speed rail in West Asia will, inter alia, service an alternative transport route that could continue to operate in the event of a crisis blocking shipping in either the Suez Canal or Strait of Hormuz.
The Balfour Agreement which is completely fraudulent was all about controlling the Suez Canal by Rothschild in 1917. ~ Volubrjotr
UPDATE April 1, 2015: Prime Minister Benjamin Netanyahu has signed a letter of application for Israel to join the China-led Asian Infrastructure Investment Bank (AIIB)…
This is REAL interesting now! Is it real or memorex?
  1. China Sentences 6 Bankers To Death For Looting.
  2. Chinese Government Cracks Down On Corruption: Executes 13 Muslim Brotherhood Terrorists
  3. China Begins Eradication Of Corrupt Police, Judges, Prosecutors, & Bankers.
  4. China Warns Kerry: Sanctions Against Russia Will Bring “Retaliatory Action” Which This Time Kerry Will Loose!
  5. China Breaking The Back Of The Petrodollar: China Signs Increasing Currency Yuan Swap With Qatar & Canada.
  6. China Protects Whistleblowers Exposing New World Order Corruption: President Putin ~ America Do Not Give Up Your Guns!
  7. Doubling Down Against Rothschild’s New World Order: Russia, China, Egypt, Iceland, Ireland, Hungary, Iran, & Crimea.
Also in February 2014, Xi and Putin reached a consensus on the construction of the Belt and Road project, as well as its connection with Russia’s Euro-Asia railways.
In May 2014 Chinese Premier Li Keqiang visited four African nations; Ethiopia, Nigeria, Angola and Kenya to boost ties.
Chinese vice-minister for foreign affairs told reporters that about 60 agreements have been signed during Li’s trip, which ”highlights the great importance we attach to China-Africa relations”.
Kenyan President Uhuru Kenyatta has said Li’s visit would be a “game changer” and the region requires “a strong partner who will not only support it in economic ventures but also in peace settlement”. It’s estimated 85 % of Africa’s export to China are raw materials, such as oil and minerals.
The AIIB is very much about developing infrastructure in Asia. For China the New Silk Road Economic Belt strategic vision is about importing (/securing) resources such as oil, have strong export channels and to strengthen ties with trading partners.
The main significance of the AIIB is non-US cooperation which will further weaken the US dollar hegemony and change the international monetary environment in the years to come.
Read More Here ~ BullionStar

Economic Bubble

China’s Baggage:

Was this caused in large part by China building ghost cities? I suspect China was following theprotocols of zionism aka; NWO in doing so by reducing rural agricultural living [middle class] for urban dwellers which are much easier to control. I believe China put a stop to this when the vision became clearer of the shear lunacy and destructive nature of this NWO ploy.
Protocols of Zionism is what The US is currently undergoing by the NWO Banking Cabalists.
America MUST nullify the fraudulent debt!




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