Chapter 5/G –The Global Banking Cabal “The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.” - Rep. Louis McFadden, Chairman of the House Committee on Banking and Currency quoted in the New York Times, June 1930
Now I’m going to discuss the central banks for the ENTIRE WORLD that the proponents of the New World Order have set up, that the individual nations’ central banks, like the Federal Reserve, will ultimately answer to. Their conspiracy is a global one, and in order to control the entire globe, it necessitates controlling all of the world’s money through one entity. They do not have a single entity as of yet, they have three entities: The Bank for International Settlement (BIS), the International Monetary Fund (IMF), and the World Bank. These three will probably be merged into one giant global bank after the United States’ dollar spins into hyperinflation and the big banking crash occurs, which as of early 2013 is not very far off. Let’s begin by talking about the first one of these to come into existence, the BIS. Now, keep in mind that I could go on for dozens of pages describing each one of these privately-held agencies, so for the sake of keeping this book to a readable length, I will just give you an overview of the facts. The BIS meets once a month in Switzerland, home of the untouchable “Swiss bank accounts” you probably have heard of, where the elite hide a lot of their electronic wealth. Each of the dozen or so visiting members from the largest central banks around the world has his own office at the BIS with secure telephone lines to his home country. The membership of this private “club” is restricted to a handful of powerful men who determine daily the interest rate, the availability of credit, and the money supply of the banks in their own countries. They include the governors of the U.S. Federal Reserve, the Bank of England, the Bank of Japan, the Swiss National Bank, and the German Bundesbank among others. The Bank of International Settlements was originally established in May 1930 by bankers and diplomats of Europe and the United States to collect and disburse Germany's World War I reparation payments. Although the BIS was organized as a commercial bank with publicly held shares, its immunity from government interference (and taxes) in both peace and war was guaranteed by an international treaty signed in The Hague in 1930. 170
