World Bank

Submitted by Jeff Thomas via InternationalMan.com,

In 1944, the US had been the primary supplier for arms for the allies during World War II and, as such, exited the war with more wealth than any of the other nations that had entered the war earlier, draining their treasuries of money. Since payment was largely demanded in gold, the US held three-quarters of the world’s gold and therefore was in a position to call the shots with regard to the free world’s economic future.

New World Order demagogue Pope Francis has rung in the new year by calling for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions and the increasingly unruly masses. Acknowledging that a central monetary authority will mean a loss of sovereignty and independence for nation states, as well as a loss of freedom for individuals, Pope Francis claims that such “costs” are well worth the overall societal and economic gains.

The Vatican has called for the establishment of a “global public authority” and a “central world bank” to rule over financial institutions that have become outdated and often ineffective in controlling the masses. A major document from the Vatican’s Justice and Peace department condemned what it called “the idolatry of the market” as well as a “neo-liberal thinking” that it said looked exclusively at technical solutions to economic problems.

Venezuela’s inflation has officially become the 57th official, verified episode of hyperinflation and been added to the Hanke-Krus World Hyperinflation Table, which is printed in the authoritative Routledge Handbook of Major Events in Economic History (2013). An episode of hyperinflation occurs when the monthly inflation rate exceeds 50 percent for 30 consecutive days. Venezuela's monthly inflation rate first exceeded 50 percent on November 3rd and continues to do so, sitting at 131 percent as of December 11, 2016.

Bolivia has become the latest country to kick the Rothschild banks out of their country, with President Evo Morales announcing that Bolivia will no longer respond to pressure or financial blackmail from the US government or Rothschild-controlled international banking institutions. The International Monetary Fund (IMF) and US-dominated World Bank have been major players in the global economic landscape ever since their creation in 1944.