Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Silver Price 2021 Roadmap - 22nd Jan 21
Why Biden Wants to Win the Fight for $15 Federal Minimum Wage - 22nd Jan 21
Here’s Why Gold Recently Moved Up - 22nd Jan 21
US Dollar Decline creates New Sector Opportunities to Trade - 22nd Jan 21
Sandisk Extreme Micro SDXC Memory Card Read Write Speed Test Actual vs Sales Pitch - 22nd Jan 21
NHS Recommends Oximeter Oxygen Sensor Monitors for Everyone 10 Months Late! - 22nd Jan 21
DoorDash Has All the Makings of the “Next Amazon” - 22nd Jan 21
How to Survive a Silver-Gold Sucker Punch - 22nd Jan 21
2021: The Year of the Gripping Hand - 22nd Jan 21
Technology Minerals appoints ex-BP Petrochemicals CEO as Advisor - 22nd Jan 21
Gold Price Drops Amid Stimulus and Poor Data - 21st Jan 21
Protecting the Vulnerable 2021 - 21st Jan 21
How To Play The Next Stage Of The Marijuana Boom - 21st Jan 21
UK Schools Lockdown 2021 Covid Education Crisis - Home Learning Routine - 21st Jan 21
General Artificial Intelligence Was BORN in 2020! GPT-3, Deep Mind - 20th Jan 21
Bitcoin Price Crash: FCA Warning Was a Slap in the Face. But Not the Cause - 20th Jan 21
US Coronavirus Pandemic 2021 - We’re Going to Need More Than a Vaccine - 20th Jan 21
The Biggest Biotech Story Of 2021? - 20th Jan 21
Biden Bailout, Democrat Takeover to Drive Americans into Gold - 20th Jan 21
Pandemic 2020 Is Gone! Will 2021 Be Better for Gold? - 20th Jan 21
Trump and Coronavirus Pandemic Final US Catastrophe 2021 - 19th Jan 21
How To Find Market Momentum Trades for Explosive Gains - 19th Jan 21
Cryptos: 5 Simple Strategies to Catch the Next Opportunity - 19th Jan 21
Who Will NEXT Be Removed from the Internet? - 19th Jan 21
This Small Company Could Revolutionize The Trillion-Dollar Drug Sector - 19th Jan 21
Gold/SPX Ratio and the Gold Stock Case - 18th Jan 21
More Stock Market Speculative Signs, Energy Rebound, Commodities Breakout - 18th Jan 21
Higher Yields Hit Gold Price, But for How Long? - 18th Jan 21
Some Basic Facts About Forex Trading - 18th Jan 21
Custom Build PC 2021 - Ryzen 5950x, RTX 3080, 64gb DDR4 Specs - Scan Computers 3SX Order Day 11 - 17th Jan 21
UK Car MOT Covid-19 Lockdown Extension 2021 - 17th Jan 21
Why Nvidia Is My “Slam Dunk” Stock Investment for the Decade - 16th Jan 21
Three Financial Markets Price Drivers in a Globalized World - 16th Jan 21
Sheffield Turns Coronavirus Tide, Covid-19 Infections Half Rest of England, implies Fast Pandemic Recovery - 16th Jan 21
Covid and Democrat Blue Wave Beats Gold - 15th Jan 21
On Regime Change, Reputations, the Markets, and Gold and Silver - 15th Jan 21
US Coronavirus Pandemic Final Catastrophe 2021 - 15th Jan 21
The World’s Next Great Onshore Oil Discovery Could Be Here - 15th Jan 21
UK Coronavirus Final Pandemic Catastrophe 2021 - 14th Jan 21
Here's Why Blind Contrarianism Investing Failed in 2020 - 14th Jan 21
US Yield Curve Relentlessly Steepens, Whilst Gold Price Builds a Handle - 14th Jan 21
NEW UK MOT Extensions or has my Car Plate Been Cloned? - 14th Jan 21
How to Save Money While Decorating Your First House - 14th Jan 21
Car Number Plate Cloned Detective Work - PY16 JXV - 14th Jan 21
Big Oil Missed This, Now It Could Be Worth Billions - 14th Jan 21
Are you a Forex trader who needs a bank account? We have the solution! - 14th Jan 21
Finetero Review – Accurate and Efficient Stock Trading Services? - 14th Jan 21

Market Oracle FREE Newsletter

FIRST ACCESS to Nadeem Walayat’s Analysis and Trend Forecasts

Globalists Target 100% State Owned Central Bank of Libya

Politics / Central Banks Mar 28, 2011 - 12:47 PM GMT

By: Patrick_Henningsen

Politics

Best Financial Markets Analysis ArticleEric V. Encina writes: One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned. The world’s globalist financiers and market manipulators do not like it  and would continue to their on-going effort to dethrone Muammar Muhammad al-Gaddafi, bringing an end to Libya as independent nation.


Currently, the Libyan government creates its own money, the  Libyan Dinar,  through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability.  Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.

When the smoke eventually clears from all the cruise missiles and cluster bombs, you will see the Allied reformers move in to reform Libya’s monetary system, pumping it full of worthless dollars, priming it for a series of chaotic inflationary cycles.

GLOBALIST TARGET: The Central Bank of Libya offices in Tripoli.

The CBL is currently a 100% state owned entity and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya. The financial structure and general operation procedures of a state bank is of course much different than that of an American or European based central bank. Form starters it is not privately owned, for-profit bank with a undisclosed list of private shareholders like the US Federal Reserve and the Bank of England are. Libyan constitutional law establishing the CBL stipulates that its central bank maintains monetary stability in Libya and promotes sustained growth of its national economy. Libya also holds more bullion as a proportion of gross domestic product than any country except Lebanon, according to the London-based World Gold Council using January data from the International Monetary Fund. The value of gold is based on the March 25 close of $1,429.74 an ounce.

Will this gold remain in Libya once Allied forces have taken control of Tripoli, or will it lost, or exchanged for pallets upon pallets of paper aka US dollars?

FOLDING LIBYA INTO THE NEW WORLD ORDER

In the Libyan banking charter, one of the primary mandates will be that it is regulating the quantity, quality and cost of credit to meet the requirements of economic growth and monetary stability. This of course, is the very opposite role which privately owned central banks play elsewhere in the world. Private central banks elsewhere create inflation, periodically inflating bubbles by design and then popping them in order to transfer large sums of wealth out of lower and middle class hands and into the hands of the financial elites.

It is becoming easy to diagnose the very root-causes of chaos in the Middle East and the ongoing war-attacks against Libya. Finance, oil, militarization & imperialism, globalization- all of these comprise a running agenda for the New World Order. Egypt and Tunisia have both fallen to interim military dictatorships and have been hooked with billions in cheap loans from the European Bank for Reconstruction and Development (EBRD) and the World Bank.

Any country or nation that is running against the grain of this agenda- going against the orthodoxies of the New World Order, will eventually be flagged and brought to heal by way of military hammer. Regular acts of war against these non-globalist nation states are designed to humiliate, degrade and compromise international human rights- a condition that has become embarrassing to the world at large.

CANADIAN PUPPET DESIGNATED AS LEADER FOR NATO’S LIBYAN OPERATION

Most observers would claim that Canada is neutral in the Libyan conflict. But on this occasion, it’s been the consensus of the world axis of greedy powers that Canada will be running the front-of-house for their intervention in Libya’s civil chaos. With respect to Honourable Canadian leaders and officials, Canada’s participation in this particular war and in the cover-up for Obama in Libya is too adroit for the sake of profits and taking over resources in that particular region of the world.

“Canadian Defense Minister Peter MacKay said Friday that Lt. General Charles Bouchard has been designated to lead the alliance’s military campaign in Libya. (Yahoo News, March 25, 2011).  “Bouchard is stationed in Naples, Italy, at the Allied Joint Force Command. Bouchard’s recent job was deputy commander of NORAD, reporting to an American general. MacKay adds here, “He will be commander of the NATO operations, yet to be fully defined NATO operations”.

NATO'S FALL GUY: Lt. Canadian General Charles Bouchard will be running the Libyan shop floor for the US, UK and France.

Here is another challenge for the Canadian people. Another repercussion is that the Canadian budget will also be leached by such participations as the national Bank of Canada is also based on debt finance. If Canada,  in not too distant future, would continue to participate in war(s), it would then become  a fully fledged globalist war-nation, joining the likes of the USA and the UK.

One wonders what will become a world that is at perpetually at war with itself? Why build wealth only to have it destroyed by wars? Why collect more taxes, spend and wantonly waste state revenue, create money out of nothing at the point of usury, and lend and/or borrow money at interest that disastrously piles up national debt at sky-rocketing rates? We see the results time and time again: the economy collapse, creation of poverty, and the continuing finance of weapons’ manufacturing, arms sales and the most technologically sophisticated wars in history that cause the most unimaginable devastations and irreparable damages to human lives and nations.

If the Western based foreign policies continued to be war-based, bent on controlling the world’s resources, there seems to be no worse future  for mankind.

One big reason for the Western assault on Libya: Libya owns and issues its own money.

Editor Patrick Henningsen

21st Century Wire

© 2011 Copyright Patrick Henningsen - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Kas
08 Apr 11, 06:05
central bank

Sounds reasonable. But how one in the world will know whether certain central bank is private or public? In this case, how author knows that central bank of Lybia belongs to The Great Socialist People’s Libyan Arab Jamahiriya?


Paul Revere
17 Apr 11, 20:01
Lou Dobbs Exposes Tyranny

Here are two very exposing interviews, that contain vey important knowledge! I believe citizens and voters need to know these facts, to help make a knowledgeable decision, before going to cast your ballot on the 2012 election

Re: Lou Dobbs

http://www.youtube.com/watch?v=HZnF1U8GrB8&feature=player_embedded

and:

http://www.youtube.com/watch?v=L2dNE1Qq-S8&feature=player_embedded


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules