"Bancor: The Name Of The Global Currency That A Shocking IMF Report Is Proposing"
Sometimes there are things that are so shocking that you just do not want to report them unless they can be completely and totally documented. Over the past few years, there have been many rumors about a coming global currency, but at times it has been difficult to pin down evidence that plans for such a currency are actually in the works. Not anymore.
A paper entitled "Reserve Accumulation and International Monetary Stability", by the Strategy, Policy and Review Department of the IMF recommends that the world adopt a global currency called the "Bancor" and that a global central bank be established to administer that currency.
This is a very serious proposal in an official document from one of the mega-powerful institutions that is actually running the world economy. Anyone who follows the IMF knows that what the IMF wants, the IMF usually gets. So could a global currency known as the "Bancor" be on the horizon? That is now a legitimate question.
Well, the IMF report believes that the adoption of a true global currency administered by a global central bank is the answer.
So who would print and administer the "Bancor"?
Well, a global central bank of course. It would be something like the Federal Reserve, only completely outside the control of any particular national government....
This entire article is worth reading, but here is the kicker:
The truth is that a global currency (whether it be called the "Bancor" or given a different name entirely) would be a major blow to national sovereignty and would represent a major move towards global government.
Considering how disastrous the Federal Reserve system and other central banking systems around the world have been, why would anyone suggest that we go to a global central banking system modeled after the Federal Reserve?
Let us hope that the "Bancor" never sees the light of day.
However, the truth is that there are some very powerful interests that are absolutely determined to create a global currency and a global central bank for the global economy that we now live in.
It would be a major mistake to think that it can't happen.
As mentioned yesterday, the whole movement towards the Tribulation is a progressive scenario. It's a stepwise progression that has been ongoing for an entire generation. People have been conditioned to a paperless exchange of money via credit cards, debit cards and electronic transfer. People are being conditioned to biometric identification cards and now GPS tracking. People are already being conditioned to full body scanning and body searches at airports. People are conditioned to routine roadblocks for the purpose of checking identification and/or driving under the influence.
And now we're watching the conditioning process in order to accept a global currency as part of a global economy. That will obviously require a global governance just as the article suggested, as this current movement would represent "a major blow to national sovereignty and would represent a major move towards global government."
Exactly as the Bible foretold. The biblical Mark of the Beast, as described in the book of Revelation, would require a central currency and central governance - just as described above.
We're watching the various elements of the Tribulation being assembled and put in place. It's a process, and the process is moving along exactly as one would predict based on a literal view of the prophetic scriptures.