A look back on geopolitical currency wars, as bank collapses, artificial inflation of Bitcoin are latest signs of imminent conversion from "petrodollars" to digital currency (CBDC) - The COVID Blog®
TheCOVIDBlog.com
March 28, 2023 (updated 1:45 p.m. Pacific)
The Muslim month of Ramadan commenced on March 22 at sunset. Ramadan is the ninth month on the Muslim calendar, and marks the beginning of a 29-30 day fasting period for Muslims around the world. Fasting is the best way to develop a will to overcome, resist and guard against evil in the world, as an old teacher once said. Both Sunni Muslims (90% of the global Muslim population) and Shi’a Muslim (Iranians/Persians) observe Ramadan.
This blogger has many friends associated with the Nation of Islam (NOI) in the United States. Say what you will about the NOI and Muslims in general. But you would be hard-pressed to find undisciplined NOI members. The men are husbands, fathers, hard workers, providers and entrepreneurs. The women are feminine, great mothers, wives and administrators of households first, followed by supplementary breadwinners if necessary within the family. Most importantly, nearly all of them are non-vaccinated.
Minister Louis Farrakhan, the NOI leader, has long been an “anti-vaxxer.” He warned Muslims long before “COVID” to avoid all vaccines. Minister Farrakhan specifically called out Fauci, Bill Gates, etc. for “sentencing billions to death” with the lethal mRNA and viral vector DNA injections. The following video is from July 2020, before the injections were even on the market.
Muslims have been a thorn in the side of Western imperialists for decades. Muslim countries, along with Eastern European countries, have some of the lowest vaccination rates in the world. Some of that is due to lack of infrastructure to distribute the shots. But many Muslims are skeptical of Western medicine in general. Islamic law, particularly as it relates to banking and interest, is also a major bane on Western financial schemes (more on that in a bit). Oil and U.S. dollars are the primary reasons Muslim countries are always in the cross hairs of the U.S., literally and figuratively.
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The United States and Russia are the top two highest oil-producing countries in the world, accounting for 14.5% and 13.1%, respectfully, in total oil production globally, according to the U.S. Department of Energy. Saudi Arabia is the third-highest oil-producing country, but is the top oil exporter in the world, followed by Russia and the United States. The U.S. produces about 18.8 million barrels of oil per day, and consumes 19.9 billions barrels daily. It also imported 8.5 million barrels per day, and exported the same (8.5 million barrels) in 2021.
The United States produces enough crude oil for its own needs. Several political and geopolitical factors prevent the country from being oil independent. Slave labor and few regulations make oil extraction (and subsequently oil prices) cheap in Saudi Arabia. Hydraulic fracturing (“fracking”) and other drilling technologies have streamlined U.S. oil operations. But fracking is also linked to groundwater contamination, increased mortality among the elderly, and exposure to carcinogenic materials. Both Maryland and New York have proven oil reserves, but have banned fracking.
The Jones Act of 1920 also requires shipments from one U.S. port to another U.S. port to be on vessels that are owned and operated by U.S. citizens/companies. Only 55 oil tankers in the world meet those requirements. Thus most imported oil is delivered by foreign countries, then shipped to different regions of the U.S. via trains and trucks. The logistics therein add more costs. There’s also U.S. crude oil “sweetness” and weight. The type of oil extracted from the U.S. isn’t necessarily ideal for gasoline and other petroleum products (depending on who you ask).
More than half of U.S. imported oil (51%) comes from Canada. Another 16% came from Mexico and Russia until 2022 when the U.S. stopped imports from the latter. The only Middle East/Muslim countries that provide semi-significant oil imports to the U.S. are Saudi Arabia (550,000 barrels/day) and Iraq (223,000 barrels).
So why is the U.S. so obsessed with Mideast oil and hellbent on controlling the region when so little U.S. oil comes from those countries? Look no further than the “petrodollar” and the control it possesses over the entire oil industry.
Bretton Woods, the gold standard, Israel/Saudi Arabia, and the OPEC “petrodollar”
The United Nations Monetary and Financial Conference, aka Bretton Woods agreements, took place in July 1944 in New Hampshire. Banksters from 44 countries agreed to the creation of the World Bank and International Monetary Fund (IMF), both based in Washington, D.C.
The agreements forced all member countries to maintain fixed exchange rates between its currency and the U.S. dollars. All of said countries dropped the gold standard and instead redeemed their currencies in dollars, not gold. The dollar remained fixed to gold. In other words, paper fiat Federal Reserve Notes became the new gold, and the World Bank and IMF became the de-facto central banks for at least 44 countries at the time.
President Franklin D. Roosevelt secretly met with Saudi King Abdul Aziz ibn Saud on February 14, 1945. One of Roosevelt’s goals was to get Saudi Arabia onboard with accepting Zionist Ashkenazis (“jews”) into Palestine for a new homeland. But King Saud, like many others with common sense, insisted that part of Germany should be annexed for a Zionist homeland since it was the Germans who harmed them.
It’s important to note that the Saudi Royal Family are Donmeh Jews, or Zionist Arabs as this blogger calls them. That’s why the Saudis are the only “Arabs” that the U.S. and Israel never attack. It’s also the reason that the U.S. government is obsessed and infatuated with them in the same way they are Zionist Israel. Digression.
The other goal of the Roosevelt/Saud meeting was oil. FDR convinced King Saud to, among other things, accept and price Saudi oil exclusively in U.S. dollars in exchange for several gifts, including a wheelchair (Saud had difficulties walking) and a private airplane. But the biggest gift was guaranteed military protection, security and financial aid from the U.S. in perpetuity.
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The foregoing agreement is why you see every U.S. President since that time bowing down and kissing up to the Saudi monarchy. It’s also why the Saudi prince got away with killing journalist and U.S. resident Jamal Khashoggi on October 15, 2018. Other Middle East countries followed the informal trend of pricing their oil in dollars after Saudi Arabia. Essentially oil became an additional hedge for fiat U.S. dollars after the Roosevelt/Saud meeting.
The United States still needed to appease its other masters – Zionist Ashkenazis (“jews”) – to ensure its status as rulers of the world. The National Security Act of 1947 abolished the U.S. War Department, and merged the U.S. Army, Navy and newly-created U.S. Air Force into one entity called the National Military Establishment (NME). The latter was renamed “Department of Defense” on August 10, 1949, allegedly because the acronym NME sounds like “enemy.”
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Fun fact – the U.S. was involved in a total of two legally-declared overseas wars (three if you count the War of 1812) in the 158-year history of the U.S. War Department. The U.S. has been in perpetual overseas war since the Defense Department’s creation (1947), except for periods in the late 1970s and 1980s. The National Security Act also created the National Security Council and the Central Intelligence Agency (CIA).
Good luck finding unbiased articles online about the Palestine War. But the conflict commenced on November 30, 1947, a little over two months after the U.S. National Security Act went into effect. The British territory known as “Mandatory Palestine” was replaced by “Israel” on May 14, 1948. Israeli control of U.S. media, military and money commenced on that day. President John F. Kennedy was the last one with the courage to stand up to Israel. He was assassinated not only for Executive Order 11110, but also for his insistence that Israel never acquire nuclear weapons.
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Central banks around the world could still exchange their dollars for gold under certain circumstances from 1944 to 1971. The World Bank and IMF utilized so-called “currency swaps” during these years to prop up and artificially maintain/manipulate the global fiat Ponzi scheme to prevent runs on gold.
President Richard Nixon, along with then-Federal Reserve Chairman Arthur Burns and IMF Undersecretary (and future Fed chairman) Paul Volcker announced a new policy on August 15, 1971 that ended the gold standard completely. The entire “Bretton Woods system” was abolished in December 1971. Nearly all foreign currencies were now backed only by U.S. dollars, while U.S. dollars were backed by a “trust me bro” pledge, and now oil.
Paper fiat Federal Reserve Notes maintain value today solely because Organization of the Petroleum Exporting Countries (OPEC) and Organization of Arab Petroleum Exporting Countries (OAPEC) continue pricing and trading their oil in U.S. “petrodollars.”
OPEC was first established in 1960. The original five members were Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. OPEC headquarters is located in Vienna, Austria despite Austria not being an OPEC member. Today there are a total of 24 OPEC and so-called “OPEC+” countries. All member countries informally agree to price and trade their oil in “petrodollars,” meaning U.S. dollars earned from sales.
Several OPEC countries sell so much oil that they earn more petrodollars than they can use. They typically store the excess money in U.S. Treasurys and other instruments administered by the IMF and World Bank. Some commentators refer to these surplus storage instruments as “hostage capital” because the U.S. can freeze or confiscate the money at any time, for any reason (as you’ll see in a bit).
If even one OPEC country goes against the cartel’s policies, it would severely damage the U.S. dollar and have negative economic impacts on the world. OPEC countries account for 80% of proven oil reserves in the world. That’s why oil, money (dollars) and Israel are at the heart of all wars since 1948. But OPEC and U.S. dollar control on global economics is coming to an end; and there isn’t much the U.S. and Israel can do about it short of full-fledged World War III.
China/Russia/Iran have officially overtaken the U.S./Israel/U.K. as world superpower
Saudi Arabia, Iran and China started brokering an oil deal in December that cuts U.S. dollars out of their economic pictures. China and Saudi Arabia signed a $50 billion energy and technology deal that month, bringing the two countries annual trade totals to $140 billion, versus only $25 billion between the U.S. and Saudi Arabia.
Two weeks ago, China brokered a peace deal between Saudi Arabia and Iran. Tensions between Saudi Arabia and Iran started in March 2015 with “Operation Decisive Storm” in Yemen. It was later renamed “Operation Renewal of Hope.” The Obama Administration began arming and funding the Saudi/Sunni-back Yemen government versus the Iran/Shia-backed Houthi movement in the ongoing proxy war.
Congress voted to end U.S. funding and arming of Saudi-led forces in Yemen in 2019. But President Donald Trump vetoed the resolution, with some arguing he made the situation worse in Yemen as a result. President Joe Biden paid lip service to the world when he lied about ending U.S. involvement in the Yemen proxy war in 2021.
China accomplished what three U.S. Presidential Administrations could not and would not related to Yemen. For the record, Yemen has about three billion barrels of oil reserves, ranking it 29th in the world for oil. It is also the poorest country in the Middle East.
Both Saudi Arabia and Iran have signaled that the Chinese-brokered deal should accelerate peace in Yemen, where upwards of 500,000 people (probably a lot more) have died in direct war or subsequent famine since the U.S. started meddling in the country’s affairs in 2015.
The U.S. war on Muslims, starting in 1991 and reaching its apex on September 11, 2001, was/is not about “terrorism,” ISIS, al-Qaeda, bin Laden, etc. It was/is about oil and the one indisputably good part of Sharia law that threatens TPTB’s global banking cartel.
Last significant non-Zionist central bank preserved with the China-Iran-Saudi deal
The COVID Blog® talks a lot about The Great Reset and how September 11, 2001 was the first major bomb dropped (no pun intended) in the global depopulation agenda. It’s indisputable fact at this point that 9/11 was a ruse to create the fallacious narrative that Former Iraqi President Saddam Hussein was responsible for the attacks.
We know that 15 of the 19 alleged 9/11 hijackers were from Saudi Arabia, with the rest being from the United Arab Emirates, Egypt and Libya. None were from Iraq. Any and all critical thinkers understand that something does not add up there.
The United States, via direct orders from Israel, invaded Iraq in 2003. But it had nothing to do with 9/11. President Hussein announced that he would begin trading his oil in euros instead of U.S. dollars in 1999. The move, if left unchecked, would have completely destroyed the “petrodollar” Ponzi scheme, as other oil-producing countries would have seen the profits and followed suit.
The U.S. killed Saddam Hussein on December 30, 2006 via hanging (after a kangaroo court trial) not only to send a message to others who try and drop the dollar, but to also re-establish the petrodollar in Iraq after two years of Iraqi oil trading in euros.
Other Muslim countries threaten the global banking cartel because Sharia Law prohibits usury altogether. The global banking cartel cannot steal money from Muslims via outrageous interest rates on mortgages, credit cards, etc. like they do Americans and Europeans because that’s illegal under Sharia law.
The U.K. has 40-year mortgages, a decade longer than the standard 30-year U.S. mortgages. There’s no such thing as a “mortgage” at all in Muslim countries like the ones in the United States – like the ones that caused the 2008 financial crisis, aka Great Recession. Basically a $150,000 house (mortgage) with a very-friendly fixed 4% interest rate would end up costing around $258,000 after 30 years of regular payments. Note that the average 30-year fixed mortgage rate in 2023 is 6.6%.
Iraq was the first domino that was knocked down by TPTB to ensure total control of the global banking and financial systems.
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The Bank of International Settlements (“BIS”) in Basel, Switzerland is, for all intents and purposes, the global headquarters and principal office of the powers-that-be (“TPTB”) and their central banking cartel. It is the most powerful bank in the world, followed by the Federal Reserve. Every major central bank in the world answered to the BIS board of directors by 2001, except for seven banks:
- Afghanistan
- Cuba
- Iran
- Iraq
- Libya
- North Korea
- Sudan
TPTB didn’t even sugarcoat the destruction of the former Central Bank of Iraq in Baghdad. They literally burned down the building in April 2003. Iraq has since been run by a U.S./Israel-installed kleptocracy at all levels of government and business. It’s estimated that the Iraq kleptocracy has looted over $240 billion from the country since that time.
One Iraqi dinar was worth an average of $3.25 from 1999 (when Saddam Hussein announced his euros for oil policy) until April 2003 (when the U.S. invaded and completely destroyed Iraq). One dinar was worth $0.000657 in 2004. Today one Iraqi dinar equals about $0.000718.
Libya and Gaddafi
Mainstream media painted Colonel Muammar Gaddafi, the de-facto leader of Libya from 1979 to 2011, as a ruthless dictator. Many non-Westerners, particularly Africans, think highly of Gaddafi. We don’t judge other country’s leaders (i.e. don’t throw rocks in glass houses), unless they are die-hard vaxx zealots. But Colonel Gaddafi cared very much about his country and Africa at-large.
Women worked and dressed as they pleased in Libya, unlike in many other Muslim countries. Gaddafi’s Great Man-Made River project would have brought clean water to everyone in a country that is a giant, bone-dry desert. Libya literacy rates were 91% and 81% among adult men and women, respectively in 2003. That’s compared to only 79% of U.S. adults being literate (able to read and write). But Gaddafi had aspirations beyond Libya. He also had a mixed bag view on vaccines and viruses.
Gaddafi’s 90-minute United Nations speech on September 23, 2009 and all the events surrounding it were interesting to say the least. Gaddafi always slept in tents (rarely in hotels), and ironically, pitched tents on Donald Trump-owned properties for his stay in New York.
Gaddafi accused Israel of being responsible for the assassination of former U.S. President John F. Kennedy during the speech (full transcript here).
“Then, there is the assassination of United States President Kennedy in 1963. We want to know who killed him and why. There was somebody called Lee Harvey Oswald, who was then killed by one Jack Ruby. Why did he kill him? Jack Ruby, an Israeli, killed Lee Harvey Oswald, who killed Kennedy.
Why did this Israeli kill Kennedy’s killer? Then Jack Ruby, the killer of the killer of Kennedy, died in mysterious circumstances before he could be tried. We must open the files. The whole world knows that Kennedy wanted to investigate the Israeli Dimona nuclear reactor.”
He then told truth about viruses and vaccines:
“Today there is swine flu. Perhaps tomorrow there will be fish flu, because sometimes we produce viruses by controlling them. It is a commercial business. Capitalist companies produce viruses so that they can generate and sell vaccinations. That is very shameful and poor ethics.”
Gaddafi also suggested that vaccines should be free for children, and that it should be illegal for pharmaceutical companies to profit off vaccines. But none of the foregoing is what got him killed by U.S.-funded “rebels.” It also had nothing to do with the Pan Am Flight 103 Lockerbie bombing in 1988 which killed 270 people, including 190 Americans, many of whom were from New York or New Jersey.
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Gaddafi wanted to free the African continent from the global banking cartels and from Chinese colonization. He proposed, and had began executing in 2009, the establishment of an African Gold Dinar, a gold-backed currency that would be administered by his central bank in Sirte, Libya. The currency itself would have been minted in Cameroon from gold mined from all African countries.
It was a “share the wealth” arrangement since Gaddafi would control global administration of the gold dinar, while Cameroon, Zimbabwe, Congo, and other gold-rich nations would control the money supply. All African oil would be sold in gold dinar, not U.S. dollars. The gold dinar would have completely destroyed the U.S. dollar, the global banking cartel, and all of the ongoing European and Chinese colonization of the African Continent.
U.S.-funded rebels tortured and killed Gaddafi on October 20, 2011 in Sirte. The Hillary Clinton vs. U.S. House Select Committee Trey Gowdy “Benghazi investigation” became the primary deflection narrative, beginning in 2012, for the next several years to prevent Americans from digging into the truth. And while Americans were petulantly engaged in tribal politics, the whole world knew exactly why Gaddafi was killed and who did it.
Gaddafi suffered the exact same fate of President Kennedy and his Executive Order 11110; and President Saddam Hussein and his euros for oil plan. One 4-minute story by Russia Today (“RT”), which aired six months prior to Gaddafi’s assassination, summed up the world’s knowledge of Libya, while Americans were doing their routine, childish tribal political fights over “Benghazi.”
Bye bye, Sudan
Obama’s banner year of re-colonizing Africa for Zionists and Europeans was 2011. He killed Gaddafi late that year. But what he did to Sudan is probably his greatest achievement in the eyes of TPTB.
Sudan was the largest country on the African Continent. It has a rich history dating back to 2,500 BCE and the Kerma Kingdom in ancient Nubia. The U.K. started meddling in the country’s affairs as early as 1899. Chevron discovered oil in the Darfur region (western Sudan) in 1982. Coincidentally or otherwise, the second Sudanese civil war broke out in 1983.
The entire objective story of Sudan is too complex for this article. But once oil was discovered by Western countries and China, the region’s destiny would never be the same. Here is the cliff notes version:
The Greater Nile Petroleum Company (GNPOC) is headquartered in Khartoum, the capital of Sudan. It was incorporated in 1997. China controls 40%, Malaysia 30%, India 25%, and Sudan just 5%. Talisman Energy (Canada) was an original stakeholder. But the company sold its 25% stake to India in 2002.
The 990-mile (1,600 km) Greater Nile Oil Pipeline, aka the Sudan Crude Oil Transportation System, was completed in May 1999. It today spans from the Unity Oil Field (Chevron), just north of Bentiu, all the way through the country to the Red Sea.
The first shipment of crude oil from Port Bashair, Sudan was on August 30, 1999. In yet another incredible coincidence, the IMF lifted all noncooperation (economic) sanctions against Sudan just three days earlier.
Though the Second Civil War officially ended in 2005, the U.S. government felt it did not have enough influence over Sudanese oil. Khartoum has an Islamic government, with nearly 90% of people north of the then-imaginary north/south border being Muslims. The majority (60%) of the people south of the border are Christians. The United States had already destroyed two countries via North/South partitions in the 20th century (Vietnam and Korea) for economic and geopolitical reasons. It was Sudan’s turn in the 21st century.
The 2011 South Sudanese independence referendum was the final stage of a 2005 peace deal that ended the civil war. But the referendum itself was orchestrated and funded by the Obama Administration. American control of the referendum was so blatant that the U.S. issued economic sanctions against Sudan in November 2010, with the ultimatum to hold the referendum vote in January 2011, or face continued sanctions. More than 99% of South Sudanese voters chose to secede from North Sudan at the polls.
South Sudan became an official new country on July 9, 2011, separate from the Republic of Sudan. Israel quickly acknowledged South Sudan as an independent country, then quickly deported thousands of African asylum-seekers there. But the main goal was accomplished. The new country has been in perpetual war and is notorious for human rights violations.
South Sudan, where the majority of Sudan’s oil reserves are located, agreed to an OPEC Declaration of Cooperation in 2017. And because oil revenues finance 98% of the country’s fiscal expenditures, the U.S. essentially owns the South Sudan government, while China owns the Sudanese oil pipeline.
South Sudan President Salva Kiir, 71, is best known for urinating on himself (then killing and imprisoning journalists for “leaking” the footage) at a December 13, 2022 commissioning ceremony for a new road. He’s the one wearing the mask.
The lengthy, convoluted history of the U.S. and Afghanistan
Former President George W. Bush co-founded Texas-based Arbusto Energy with Salem bin Laden, Osama’s brother, in 1978. The bin Laden family was also heavily invested in Washington, D.C.-based, multinational private equity firm Carlyle Group. Former President George H.W. Bush was the senior advisor for the company from its 1987 founding until…unknown.
It’s overkill to mention that Dick Cheney served as H.W. Bush’s Defense Secretary from 1989-1993, then Halliburton CEO (1995-2000), then Bush II’s campaign manager and Vice President (2000-2009). Thank you Bunnatine “Bunny” Greenhouse for telling the world about Cheney and Halliburton.
Afghanistan is rich in untapped minerals, particularly lithium and uranium. Opium accounted for 16% of Afghanistan’s gross domestic product in 2015, with an estimated value of $19 billion. Both big pharma and other drug cartels need opium to produce their products. Opium production has dropped in Afghanistan since 2015, but rebounded in 2022.
U.S. meddling in Afghanistan and the long game thereof goes back to the late 1940s. Afghanistan is like Vietnam during and since the Cold War with Russia. It’s also quite similar to the Ukraine situation today – yet another proxy war with Russia.
Afghanistan was ruled by King Mohammad Zahir Shah from 1933 to 1973. His cousin, General Mohammed Daoud Khan, was the Prime Minister from 1953 to 1963. He and Soviet Union (USSR) Premier Nikita Khrushchev formed military and economic agreements during his time as prime minister.
Khan overthrew Shah in a 1973 military coup. He disbanded the monarchy and named himself President of the new Republic of Afghanistan. He had full military and otherwise backing from the USSR. Khan was killed in a 1978 coup, and Nur Mohammad Taraki took over as President of the Democratic Republic of Afghanistan. But his relationship with the USSR was not as cozy.
Taraki was killed 18 months after taking office (see a pattern here), and a Soviet-back government was installed. This led to the creation of the anti-USSR guerilla movement known as Mujahideen, aka U.S.-backed rebels. Al-Qaeda (Osama bin Laden) is a Mujahideen offshoot.
U.S. meddling accelerated in 1979 when American Ambassador to Afghanistan, Adolph Dubs, was killed in Kabul on February 14 that year. The proxy war in Afghanistan between the U.S. and Soviet Union was now in full effect. Osama bin Laden was anti-Soviet Union. Thus the U.S. provided weapons and monetary aid to al-Qaeda throughout the 1980s. But bin Laden was equally against the U.S., as it stood in the way of a fully Islamic Afghanistan, as bin Laden wanted.
The Soviet Union was on the brink of collapse by 1988. That’s mostly the reason it agreed to withdrawal 100,000 troops from Afghanistan by February 1989. These events were supposed to make Afghanistan independent from foreign influence. But all it really did was make U.S. meddling easier.
The Taliban, another Mujahideen group, came to power in the 1990s due to their Islamic principles and stopping the opium trade. Suddenly the U.S. needed to quickly oust all of the Mujahideen from Afghanistan, particularly al-Qaeda and the Taliban. The U.S. was now fighting against the people it armed and trained just a decade earlier, to ensure Afghanistan did not become an Islamic country run by Muslims that were not hand-picked by the U.S.
The August 7, 1998 U.S. Embassy bombings in Dar Es Salaam, Tanzania, and Nairobi, Kenya, allegedly by al-Qaeda, were supposed to be the trigger events that angered the U.S. masses enough to get behind invasions of both Afghanistan and Iraq. But anything that happens in Africa is out of sight, out of mind to most Americans.
The better plan was to blow up three buildings in New York City and hijack a bunch of airplanes on September 11, 2001; then identify 15 Saudis and four other guys from Lebanon, the United Arab Emirates and Egypt as being responsible for the attacks; then invade Iraq and Afghanistan in retaliation (since it was a war on Muslim/”terrorists,” regardless of nationality).
The U.S. began its military invasion of Afghanistan on October 7, 2001 in a campaign called “Operation Enduring Freedom.” The initial campaign spanned nine weeks, and completely destroyed Afghanistan. But Operation Enduring Freedom did not officially end until December 2014. The U.S. inserted Hamid Karzai as puppet leader of the country on July 13, 2002 (through September 2014). The U.S. military occupied Afghanistan for the next 20 years following 9/11.
Da Afghanistan Bank was founded in 1939. After the U.S. invaded and completely destroyed the country in late 2001, Afghanistan “redenominated” its currency (the afghani). The new currency, which went into effect in October 2002, was printed in Germany and the U.K., fully approved by Karzai, and is/was almost entirely administered by the World Bank and International Monetary Fund. In other words, Afghanistan has no sovereign control of its banking and financial systems.
The Taliban retook Kabul in 2021 after the Biden Administration withdrew U.S. troops from the country. And that presents a major problem for the ultimate goal. The U.S. froze $9.5 billion from Da Afghanistan Bank in late August 2021 (again, “hostage capital” from petrodollar investments). Half of that is allegedly for 9/11 victims. The other half is now in the hands of the Bank of International Settlements. The U.S., again, simply stole Afghanistan’s money because it doesn’t like the Taliban. But all that did is embolden the Afghanistan government.
The Taliban signed an oil extraction agreement with China in January. But the history of oil extraction from the region dates back at least 25 years. The Taliban agreed to allow California-based Unocal (now Chevron) to build an oil pipeline from Turkmenistan through Afghanistan, and into Pakistan where the oil could be exported via the Arabian Sea in 1999.
The idea was scrapped after the U.S. destroyed Afghanistan in 2001. Numerous international news articles were written in late 2001 that told the truth about why the U.S. really invaded Afghanistan (oil and the pipeline). And now after all that war and manipulation since 1979, China appears to be in the lead to get the Turkmenistan-Afghanistan-Arabian Sea pipeline that the U.S. desperately wanted. Meanwhile, Iran resumed exporting petroleum products to Afghanistan in August 2021 after the Taliban took over.
Who knows what will happen in Afghanistan now. That country is just as unstable as Sudan/South Sudan. The point is that the U.S. successfully usurped the Afghanistan central bank and financial system via war in 2001-02. Oil-rich Sudan, Libya, and Iraq were also destroyed by the U.S. since the turn of the millennium. The real reason Cuba and North Korea are U.S. “enemies” is because both countries are free from U.S./Israel/U.K. central banking control. Neither country has oil and are thus, not important in the grand scheme.
Russia was suspended from the Bank of International Settlements in March 2022. All the while, China, Russia and Iran have continually moved towards the inevitable – overtaking the U.S. and “the West” as the dominant figure(s) in global geopolitics.
Bank failures, Bitcoin artificial rise, and the coming of digital U.S. dollars
This blogger first purchased a few Bitcoin (BTC) tokens in 2011 for around $1.50 each. Nobody really knew anything about BTC or where it was headed. But the idea was to flip the bird at the Federal Reserve if BTC ever took off. The BTC sat on a flash drive in a storage unit for years, long forgotten about until 2017-18
Once BTC hit the $2,000-$3,000 mark, a 167,000% ROI, it was time to get out completely (though The COVID Blog® accepts BTC donations to help cover administrative costs, not as investments). A gut feeling was screaming that something isn’t right here. Further, with the Mt.Gox heist in 2014, it was clear that BTC and all cryptocurrencies were far too volatile, arbitrary and subject to various types of criminal activity.
The Fed was never going to allow this crypto phenomenon, beginning in 2009 or so, to continue unregulated and unchecked. BTC, Ethereum, etc. are the functional equivalents to Saddam Hussein selling his oil in euros, Muammar Gaddafi selling his oil in African dinars, JFK’s Executive Order 11110, etc.
Cryptocurrency was creating millionaires and billionaires out of thin air, a magical power that only the Federal Reserve and its paper fiat currency scheme had the power to do prior to cryptocurrency. Crypto was undermining the banking cartel, just like Hussein, Gaddafi and JFK. It was not going to last forever. But it took the so-called pandemic for TPTB to make their most definitive moves towards usurping and destroying blockchain as a decentralized currency exchange.
Make of it what you will, as this could all be pure coincidence. But TPTB killed Hussein, Gaddafi and JFK to send a message – don’t mess with our banking monopoly. The cryptocurrency industry is now receiving that same treatment. The first domino to fall was Nikolai Mushegian (pictured below).
The 29-year-old Russian was a MakerDAO developer and contributed to several other blockchain projects. His net worth was unclear. But he lived in a $6 million house in Puerto Rico.
Mr. Mushegian tweeted on October 28, 2022 at 3:57 a.m. from his home that the CIA and Israel CIA (“Mossad”) are going to “torture me to death.”
A few hours later, Mr. Mushegian was found dead in the water around his home in San Juan. Mainstream media claimed that he was swimming and was overtaken by the ocean currents.
Javier Biosca (pictured above) was a 50-year-old crypto-millionaire. He was more of a scammer than a creator or investor, according to reports. Mr. Biosca “jumped” from the fifth floor of a hotel in Estepona, Spain on November 22, 2022. Biosca reportedly spent eight months in jail in 2022 after being arrested and charged with fraud, embezzlement and money laundering.
The death of Tiantian Kullander (pictured above) was the least suspicious. The 30-year-old co-founded Hong Kong-based Amber Group, a digital assets trading and infrastructure firm. The company had a valuation of $3 billion at the end of 2022.
Mr. Kullander “died unexpectedly in his sleep” on November 23, 2022. It was most likely a post-injection death since he died just like millions of other vaxxed people.
Vyacheslav Taran (pictured above) was the 53-year-old Russian founder of Forex Club and Libertex. The latter bills itself as a leader in cryptocurrency trading. Several news reports say Taran was a billionaire. He died in a “mysterious helicopter crash” in Villefranche-sur-Mer, France on November 25, 2022. He was the only passenger onboard.
Mr. Park Mo (no photos available) was the vice president of Vidente, the largest shareholder of South Korea cryptocurrency exchange Bithumb. Very few details are available. But Mr. Mo was found dead in front of his home on December 30, 2022. Mainstream media blamed suicide.
Meanwhile the FTX/Sam Bankman-Fried collapse happened on November 10, 2022. The company filed for bankruptcy on that day. Bankman-Fried went from being worth over $20 billion in September 2022 to less than $100,000 after the bankruptcy. He swindled billions from regular people and celebrities alike via the FTX crytpocurrency exchange.
ABC News actually did a good job interviewing him on December 1, 2022.
Bankman-Fried, who resided in California, now faces 115 to 155 years in prison if he’s convicted on all eight charges handed down by the U.S. Department of Justice on December 13, 2022. Four more charges were added to the indictment on February 23. The charges include wire fraud, money laundering, election fraud, and more.
Don’t expect the book to get thrown at Bankman-Fried. He’s already receiving the Elizabeth Holmes treatment. Bankman-Fried is on house arrest at his parents’ home in Palo Alto, California, on Stanford’s campus, after posting a $250 million bond. The parents’ home was used as collateral for Bankman-Fried’s bail. But the home is technically owned by Stanford University and is only worth $3 million. That obviously does not come close to securing the bond.
Bankman-Fried is a homosexual, Zionist, vaxx zealot who contributed millions to Democrat and vaxx zealot political candidates over the years. Even if he is convicted, he’ll receive special, cushy arrangements for his prison stay.
Signature Bank, Silvergate Bank and Silicon Valley Bank go down
Big banks do not like dealing with cryptocurrency. Most have tight restrictions or flat-out ban certain cryptocurrency transactions. But there were three banks that cryptocurrency investors relied upon due to their crypto-friendly policies: Signature, Silvergate, and Silicon Valley Bank (SVB). The latter, based in Santa Clara, California, was the go-to bank for tech startup companies and venture capital firms.
SVB had at least $190 billion in deposits and $74 billion in loans by the end of 2022. Long short short, and cutting through all the vitriol, SVB started buying mortgage-backed securities (MBS) and U.S. Treasury bonds with said deposits. Note that MBS are the garbage securities at the heart of the 2008 financial collapse. SVB placed 44% of its cash into MBS and Treasury bonds by the end of 2021.
The initial yield (return on investment) on those securities was around 1.5% when the federal interest rate was still 0% for most of May 2020 through February 2022. But the Fed has steadily increased interest rates since that time. The “Fed Fund Rate” hit 4.5% in February. The Fed raised the rate again on March 22, to 5%. When interest rates go up, the value of bonds and related securities go down. The results for SVB were disastrous.
SVB, in somewhat shocking fashion, announced on March 8 that it would be selling stock to mitigate its liquidity issues. The bank essentially admitted that it was broke. The announcement spooked customers, prompting them to withdrawal $42 billion in less than 24 hours after the SVB announcement. The bank and all of its 17 branches in California and Massachusetts went into federal receivership via the Federal Deposit Insurance Corporation (FDIC) on March 12.
SVB was officially the second-largest bank failure in U.S. history, after Washington Mutual in 2008. On that same day, the FDIC announced that New York-based Signature Bank was also under federal receivership. The FDIC said in a statement that Signature “failed to provide reliable and consistent data, creating a significant crisis of confidence.” All of Signature’s non-crypto assets and 40 branches were assumed by Flagstar Bank. It’s unclear at this point what will happen to the $4 billion in cryptocurrency assets.
Lost in all of the foregoing commotion was Silvergate Bank. It voluntarily shut down operations on March 8. The company refused to submit its annual Form 10-K report to the U.S. Securities and Exchanges Commission at the end of 2022. Silvergate announced in its Q4 2022 report that it lost over $1 billion and suffered a run on deposits totaling over $8 billion.
This trio of failures was the first time the FDIC seized control of banks since 2008. In order to stave off a total collapse of the banking system, the federal government guaranteed all deposits at SVB and Signature Bank beyond the normal $250,000 limit. Essentially the federal government bailed out 65,000 startup companies that banked with SVB.
The whole situation was just weird all around. SVB, on its now-deleted Twitter account, tweeted on March 7 that it was proud to be on Forbes 2023 Best Banks lists.
CNBC “financial guru” Jim Cramer recommended that everyone should buy SVB stocks on February 8, 2023.
He also recommended that investors should buy Signature Bank stock in April 2022.
SVB CEO Greg Becker sold 12,000 shares of his company stock 11 days before the collapse. CFO Daniel Beck sold 2,000 shares around that same time, while Chief Marketing officer Michelle Draper sold 1,200 shares on February 1. General Counsel Michael Zucker also sold 19% of his company stock on February 5. All of them are being investigated by the FBI.
Tribal politics, of course, took over from there. Liberals blamed Trump for the collapses because he signed bipartisan legislation in 2018 that rolled back banking rules put in place after the 2008 financial collapse. The MAGA crowd blamed Biden for failing to take executive action to prevent the collapses.
But somehow Bitcoin is soaring?
Bitcoin was selling for around $20,000 on March 10. It reached $26,000 on March 14, and sits at around $27,000 as of this writing. Thus Bitcoin is up nearly 40% since the three primary cryptocurrency-friendly banks in the world shut down. The collapses left nearly all crypto companies in the world without conventional banking services.
The “bitcoin bros” crowd, if you will, believe that the Bitcoin rally is exactly how Bitcoin is supposed to work, as a hedge against inflation and banking turmoil. Granted there’s no way to pinpoint exact Bitcoin price manipulation due to the infinite amounts of data that would need to be crunched. But University of Texas business professor John Griffin and Dr. Amin Shams (now at Ohio State University) published an intriguing paper on the subject in 2018.
The paper, entitled “Is Bitcoin Really Untethered” was published in the peer-reviewed Journal of Finance in 2020. The researchers, after crunching 200 gigabytes of trading data from 2.5 million cryptocurrency wallets, concluded that one Bitcoin “whale” was 60% responsible for Bitcoin’s meteoric rise from $1,000 to $19,000 in 2017.
The alleged whale is associated with Hong Kong-based Bitfinex, which is one of the least regulated and largest crypto exchanges in the world. The manipulator used another token, called Tether, to buy up other cryptocurrencies when their prices sagged lower than a predetermined floor. The same sort of price manipulation with Tether was used in 2013 to artificially pump up Bitcoin prices, according to 2017 paper by University of Tulsa and Tel Aviv University researchers. Bitcoin is perhaps the most volatile “commodity” ever sold. It’s unheard of and very suspicious for Bitcoin to have such reliable floors.
Griffin believes the same thing has happened since late 2022. Somehow, despite the FTX collapse and the crypto collapse overall in late 2022, the price of Bitcoin remarkably remained around $16,000 to $17,000 through early January 2023. The three major “Bitcoin banks” have collapsed, and the price of Bitcoin is up 40% since said collapses. Now it appears another large cryptocurrency exchange, Coinbase, is about to face charges from the SEC. The only reasonable explanation for reliable Bitcoin price floors and now this current rise, is artificial manipulation.
Bitcoin diehards will attack you and call it blasphemy for even suggesting that cryptocurrency is subject to the same artificial manipulation as any other monetary instruments. This rise in BTC and other cryptocurrencies will prompt both novice and advanced investors to pump more money into these tokens, believing it’s truly a safe haven. But it’s only a matter of time before crypto-wealth is wiped out just like the Federal Reserve does with arbitrary interest rates, inflation (“CPI”), manipulation of the money supply (“quantitative easing”), and just flat-out confiscation (“hostage capital”).
Bottom line is that TPTB do not allow anyone to manipulate their money monopoly, as chronicled herein. It was only a matter of time before cryptocurrencies became the property of TPTB.
Central Bank Digital Currency (CBDC) is final step of The Great Reset
Lost in all the vaccine deaths, tribal politics and television distractions are the moves being made by TPTB and their banking system. The New York Federal Reserve announced on November 15, 2022 that it launched a proof-of-concept program called the “Regulated Liability Network.” The 12-week project aims to “explore the feasibility of an interoperable network of central bank wholesale digital money and commercial bank digital money operating on a shared multi-entity distributed ledger.”
Wells Fargo, Mastercard, Citi, U.S. Bank, and several other financial institutions are participating in the program. Amazon is hosting the project. It’s unclear when the project commenced or if it’s already done. Biden signed Executive Order 14067 on March 9, 2022. It called for U.S. agencies to, among other things, “explore a U.S. Central Bank Digital Currency (CBDC) by placing urgency on research and development of a potential United States CBDC.”
China is almost totally a CBDC country now; and that’s what the U.S. wants for Americans, complete with social credit scores. Biden signed Executive Order 14081 on September 12, 2022. It called for U.S. agencies to invest in a “biological data ecosystem” and “domestic biomanufacturing production capacity and processes.”
The Federal Reserve launched in 1913. It had an initial 20-year charter, which would have expired in 1933. But the McFadden Act of 1927 gave the Fed a perpetual charter. The D.C.-based World Bank and IMF came along in 1944 to control all other countries banks. Israel was created in 1948, followed by perpetual overseas wars. OPEC turned U.S. dollars into de-facto gold in the 1970s. That’s also when the depopulation agenda commenced.
Several entities and people have attempted to stop total Zionist-Saudi control of the global economy since the turn of the millennium. John F. Kennedy, Saddam Hussein and Muammar Gaddafi are martyrs. George W. Bush still makes unintentional jokes about killing Hussein and the entire 9/11 facade, and get laughs out of it.
This super-cringey moment happened in May 2022, when the U.S. had been in the Ukraine proxy war since February 2022.
Bitcoin and blockchain technology tried doing what JFK, Hussein and Gaddafi did, except in the digital realm. It almost worked. But all cryptocurrency “influencers” better be on high-alert in 2023, as demonstrated throughout this article. TPTB stole and usurped blockchain technology, and are now preparing to use it as the final step in transhumanism and The Great Reset via CBDC and social credit systems.
CBDC allows complete control of humanity. Americans will be unable to purchase food, gasoline, etc. if they say or do anything the government and mainstream/social media disapproves of. Don’t want to take vaccines and boosters? Your bank accounts will be frozen and your QR code for purchasing anything will be disabled.
You will obey, or you will starve to death (or eat bugs). Crime will reach unprecedented levels in 2024-25 as desperate people needing food, water and shelter resort to desperate measures. Now is a good time to read the Centers for Disease Control (CDC) “Zombie Preparedness” guide.
There are several variants of this quote:
- “Give me control of a nation’s money and I care not who makes its laws.”
- “I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls the British money supply controls the British Empire, and I control the British money supply.”
- “Let me issue and control a nation’s money and I care not who writes the laws.”
The quote is often attributed to Nathan Rothschild or Mayer Amschel Rothschild. There’s no definitive evidence that a Rothschild ever uttered or wrote these words. But there is, without question, a completely different system of justice for those with large collection of paper fiat Federal Reserve Notes. You’re essentially immune from all laws in the world once you have over $1 billion. Those privileges remain in perpetuity as long as you never tell truth about Zionists and/or Saudis.
At the current rate, there may be less than 500 million people left on Earth by 2030. This blogger has known since March 2020 that the depopulation agenda was about to commence via lethal vaccines. The COVID Blog® was banned from PayPal and Venmo because that company polices free speech. Just imagine, in the next year or two, when CBDC overtakes the U.S. dollars. Being banned from PayPal certainly hurts financially. But that’s nothing compared to having no means to purchase food, water and shelter in a cashless society. That will be the U.S. in 2024 or 2025 at the latest.
Mainstream media will continue downplaying the inevitable fall of the “petrodollar” in favor of the “petroyuan.” But it has, frankly, already happened. Russia President Vladimir Putin gave a speech in front lawmakers from 40 African nations at the International Parliamentary Conference in Moscow on March 20. He promised economic and military aid to countries that choose to divest of American and European imperialism. Mr. Putin minced zero words:
“Ever since the African peoples’ heroic struggle for independence, it has been common knowledge that the Soviet Union provided significant support to the peoples of Africa in their fight against colonialism, racism and apartheid, how it helped many African countries to gain and protect their sovereignty, and consistently supported them in building their statehood, strengthening defense capabilities, laying the foundations of their national economies and workforce training.”
It’s really over once the U.S. and Europe loses Africa. Kenya President William Ruto gave a nationally televised speech on March 22. He not only announced that Kenya would purchase oil in Kenyan shillings instead of U.S. dollars from that point forward, but he also warned his people about imminent, major global economic change. President Ruto, without actually saying it, told everyone who is holding U.S. dollars to get rid of them as soon as possible.
“I am giving you free advice that those of you who are hoarding dollars you shortly might go to losses you better do what you must do because this market is going to be different in a couple of weeks.”
There is speculation about a plan called “Project Sandman,” where 100-plus countries around the world agreed to simultaneously drop the U.S. dollar in favor of other currencies. There’s no definitive evidence that this agreement actually exist. But people started talking about it almost exactly a year ago today. And now this Kenya domino just fell, along with everything else herein.
The only thing keeping the U.S. dollar afloat now is “quantitative easing,” aka endlessly printing money out of the thin air. That’s why the Fed has been raising interest rates since 2022, to mask hyper-inflation. The only way to save the dollar in the coming 18-24 months will be to convert entirely to CBDC…or victory in full-fledged World War III.
Once China becomes the world’s unquestioned superpower, countries across the globe will mimic Chinese society (just like the U.S. is always trying to spread its homosexual culture to other countries). The U.S. ultimately wants and desires the Chinese social credit and CBDC systems. It just didn’t expect to lose its status as global alpha dog in the process.
All of us must decide whether or not we want to continue living on the Planet Hell after 2024. Non-vaccinated single people can no longer date vaxxed people (80% of Americans, Europeans, Aussies, Canadians, etc.) unless they’re willing to contract VAX-AIDS, or whatever you want to call it.
You will also face permanent discrimination that will only worsen as time goes by. Every aspect of life is and will be controlled by a central government. It’s all happening now and will only accelerate. Just have as much fun as you can in the meantime, and roll with the punches.
Stay vigilant and protect your friends and loved ones.
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