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 ONE MONETARY SYSTEM- BIBLR PROPHECIES ARE BEING FULFILLED

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PosOnderwerp: ONE MONETARY SYSTEM- BIBLR PROPHECIES ARE BEING FULFILLED   Wed Jun 30, 2010 10:19 am

THE WORLD REJECTS GOD- THEY REJECTS HIS WORD,- BUT AS WE CAN SEE- THE WORLD CAN DENY, REJECT, IGNORE, SILENCE AND RUN AWAY AS MUCH AS THEY WANT TO- THEY ARE SO EVER MOVING CLOSER TO THE PROPHECIES AS CLEARLY DESCRIBED IN THE BOOK OF REVELATION.

THE FIRST TO TUMBLE- WILL BE THE FREE MARKET SYSTEM- DIFFERENT CURRENCIES- AND PAPER MONEY. THIS IS SOON TO BE REPLACED BY THE ONE-WORLD ORDER SINGULAR CURRENCY AND CHIP-IDENTIFICATION OF ALL PEOPLE.

THE NEXT TO FOLLOW SHORT ON THE HEELS OF THIS PREDICTED MOVE- WILL BE THE SINGULAR NEW WORLD CHURCH- THE ROMAN CATHOLIC CHURCH-WHO WILL COMBINE ALL DIFFERENT RELIGIONS INTO ONE MASS RELIGION....AS BEEN PREDICTED IN THE GOOD WORD....THE GREAT HOAR SITTING ON THE DRAGON

AFTER THIS- THE WORLD WILL BE ABOUT READY TO RECEIVE THE LAST- AND MOST DEADLY CONSPIRACY COMBINATION OF ALL- THE INTRODUCTION OF THAT DEMI-GOD OF THE WORLD- THAT MIMIC PUPPET-MASTER THE WORD WARNED US AS CHILDREN OF GOD ABOUT: MATREYA- THE SO-CALLED "JESUS" OF THE CHRISTIAN RELIGION,- THE" MOHAMMED" OF THE MUSLIM RELIGION, THE "BUDDAH" OF THE BUHDDISTS, THE "SHIRA" OF THE INDIAN RELIGION.......AND THE DEVIL'S PROPHET- DISGUISED AS THE SON OF MAN.

THERE IS NO WAY THIS PUNY SINFUL AND BLASPHEMOUS WORLD WILL AND CAN ESCAPE THE COMING ORDEAL SET ASIDE FOR IT- NO WAY THEY CAN EVADE THE COMING FULFILLMENT OF THE PROPHECIES- NO WAY THEY WILL BE ABLE TO ESCAPE THE WRATH OF THE GOD ALMIGHTY AS BEEN IN THE PROPHESY IN HIS WORD.

FOR THIS REASON- CHILDREN OF GOD- AND HIS CHOSEN NATION MUST HEED- AND REBEL AGAINST THE LORD AND DARK POWERS OF THIS WORLD- FLEE FROM THE WAYS OF THE HEATHEN- AND STAY PURE FOR THE COMETH OF THE LORD IS NEAR- SO NEAR. HEED THE SIGNS OF THE TIMES- AND YOU WILL BE WARNED DULY IN TIME OF THE NEXT DISASTER IN THE PROPHETICAL BOOKS OF JEREMIA, JESIAH, DANIEL- AND REVELATION.

Scrap Dollar As Sole Reserve Currency: U.N. report

(Reuters) - A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.

But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep on hand for reserves.

"The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency," the U.N. World Economic and Social Survey 2010 said.

The report says that developing countries have been hit by the U.S. dollar's loss of value in recent years.

"Motivated in part by needs for self-insurance against volatility in commodity markets and capital flows, many developing countries accumulated vast amounts of such (U.S. dollar) reserves during the 2000s," it said.

The report supports replacing the dollar with the International Monetary Fund's special drawing rights (SDRs), an international reserve asset that is used as a unit of payment on IMF loans and is made up of a basket of currencies.

"A new global reserve system could be created, one that no longer relies on the United States dollar as the single major reserve currency," the U.N. report said.

The report said a new reserve system "must not be based on a single currency or even multiple national currencies but instead, should permit the emission of international liquidity -- such as SDRs -- to create a more stable global financial system."

"Such emissions of international liquidity could also underpin the financing of investment in long-term sustainable development," it said.

MARKETS DECIDE

Jomo Kwame Sundaram, a Malaysian economist and the U.N. assistant secretary general for economic development, told a news conference that "there's going to be resistance" to the idea.

"In the whole post-war period, we've essentially had a dollar-based system," he said, adding that the gradual emission of SDRs could help countries phase out the dollar.

Nobel Prize-winning economist Joseph Stiglitz, who previously chaired a U.N. expert commission that considered ways of overhauling the global financial system, has advocated the creation of a new reserve currency system, possibly based on SDRs.

Russia and China have also supported the idea.

But Paavo Vayrynen, Finland's Foreign Trade and Development Minister, told reporters that he doubted it was possible "to make any political or administrative decisions how to formulate the currency system in the world."

"It is based on the markets," he said. "I believe that the economic players in the market are going to have the decisive influence on that issue."

European Union development commissioner Andris Piebalgs said it would be a bad idea to dictate what the reserve currency should be.

"It is markets that decide," he said. "Any intervention would just create additional challenges and make things even less predictable."


http://www.reuters.com/article/idUSTRE65S40620100629?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/topNews+%28News+/+US+/+Top+News%29&utm_content=Google+Reader

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PosOnderwerp: Re: ONE MONETARY SYSTEM- BIBLR PROPHECIES ARE BEING FULFILLED   Wed Jun 30, 2010 7:51 pm

Hierdie sou op die G20 se agenda gewees het die jaar, al het ek hoe dop gehou het ek geen inligting hieroorbekom nie.
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