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Digital Currency Trial Announcement

November 19, 2022 | Digital Currency Trial Announcement  |

The Federal Reserve Bank of New York announced a 12-week digital currency platform trial. In collaboration with some of the largest financial institutions in the world including Wells Fargo and Citibank, members of the U.S. banking community will be running a proof of concept (PoC) project. The PoC will explore the feasibility of digital money on what is known as the regulated liability network (RLN).

In this trial commercial banks will issue digital money, or tokens, representing their customer’s deposits. They will utilize a shared multi-entry distributed ledger in order to settle up with central bank reserves. Undetected by the general population this trial is very important for the advancement of global banking and is a critical first step towards a cashless society.

As many have pointed out government controlled digital currency would mean the end of liberty and freedom.  If the government and Central Banks have the ability to control and monitor every transaction, they just as easily could shut off your ability to buy anything. One way to reject this system is to use #CashEveryDay. -JD


Link To Demand Congress Oppose Digital Currency


November 5, 2022 |  By Natalie Smolenski  |

Link To Article HERE




November 17, 2022  |  By Robert Aro  |  Mises Institute



Link To Article HERE



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Money Laundering with Immunity: The Control Framework

November 2, 2022  |  Money Laundering with Immunity |  The Control Framework_Image Source_Corey’s Digs | This report was sponsored by The Solari Report  | Technocracy News

Corey Lynn’s article reveals the history behind an elaborate money laundering scheme involving international organizations, Central Banks, and the Federal Reserve. This worldwide enslavement system operates outside the law with full immunity. This is a call to action for folks to study and understand this monetary scheme, use cash everyday, and work together with others in legislative efforts at the state and local level to protect sovereignty, enforce our Constitution, and create independence from Central Banks and the Federal Reserve system. -JD



September 29, 2022  |  BY: COREY LYNN VIA COREYSDIGS  |

Laundering with Immunity: The Control Framework – Part 1

A band of criminals got together a century ago and decided they were going to own the world, hold all of the power, create and hoard all of the money, and keep everyone on a constant spin cycle to fool them. Not only were they going to construct it as they saw fit, but they were going to build the most elaborate enslavement system this world has ever seen – one that gives them full immunity, allows them to operate outside the law entirely, and they were going to do it without anyone realizing it until it was too late. These self-imposed “rulers” believe themselves to be untouchable, have created documents stating as much, and are laughing at humanity as people move about their lives unaware of this elaborate scheme.

This is the story that needs to be shared with the world and with every state legislator who should move immediately to create independence from the Federal Reserve system and Central Banks, and enforce our Constitution and financial management laws to protect sovereignty at the state and local level. This should include steps to recapture monies illegally stolen, to prevent current and future illegal expenditure of our tax monies and to end sovereign immunity privileges that have been used to engage in systematic criminal activities and racketeering.

• 76 International organizations and banks enjoy immunities, privileges, and tax exemptions

• GAVI, Big Pharma, and CERN enjoy similar immunities

• The Bank for International Settlements has sovereign immunity and some of these immunities extend to its members, being 63 central banks and the Federal Reserve System, while other immunities extend to “systemically important institutions”

• Trillions of taxpayer dollars and printed money has moved through these organizations and banks with no transparency or accountability as they continue to build a global enslavement system

• Hundreds, if not thousands, of NGOs and corporations work with and through these organizations and banks, some of whom have agreements, NDAs, and/or immunity by extension

They do not operate above the law, they operate entirely outside of the law.

Part 2 dives deep into connections that unveil a larger group pulling many strings that seems to have received little to no exposure, and shows just how far this extends and the true power they all hold – where laws and the constitution don’t seem to exist for them.

This dualistic world they have created goes far beyond what most have imagined. It’s not so much that these individuals and organizations are “above the law,” as it is that they are operating entirely outside of the law, and have granted themselves permission to do so by executive orders, treaties, and the creation of BIS. The structure they have created is much like a pyramid scheme in a sense. At the top of the ivory tower, sit BIS, the Bank for International Settlements, with sovereign immunity. When carrying out specific activities under BIS, this immunity extends to its members, which is made up of 63 global central banks and monetary authorities, the Federal Reserve System, plus insurers, and payment systems through their subsidiary, that BIS deems “systemically important institutions.”

As if that’s not bad enough, it gets worse. The U.S. has given 76 public international organizations immunities, privileges, and tax exemptions dating back to 1946, just 10 years after BIS expanded its immunities with The Hague Convention of 1936. In addition, some of these organizations have added immunities through treaties.

Underneath that layer, there are hundreds of NGOs, corporations, and universities that operate with and through these international organizations who hold immunities and privileges – some of whom have signed agreements and NDAs, others have been given immunity by extension.

The process is quite simple. The money essentially gets laundered through the organizations and banks which have little level of transparency or accountability, and spread across multiple countries, making it that much easier to achieve.

But it doesn’t end there. In addition to immunities enjoyed by these banks and organizations, Bill Gates’ GAVI also enjoys immunities and privileges. Of course, the World Bank serves on the board, manages their finances, and is the trustee, who enjoys an extensive amount of immunities and privileges to all five arms of the World Bank Group. Couple that with the release of liability to big pharma when it comes to vaccines, and this is a recipe for disaster. Even CERN holds international immunity status, separately from the lists provided in this report.

At the bottom of this pyramid are civilians who pay in taxes, abide by a set of laws that the others never have to concern themselves with, and who have naively believed that these organizations and banks are operating in their best interest, while they squander away trillions of dollars to build a human enslavement system, and big Gov funnels them taxpayer dollars. This is how they’ve managed to do it for so long, without fear or conscience.

What’s important to recognize about these specific organizations, is the fact that they cover nearly every industry. In other words – those behind these organizations and banks are the future rulers of the world if they are not stopped. Their framework is already in place. What must be done to stop this band of criminal characters who masterminded how to create special privileges for themselves, outside of the system, signed some pieces of paper, and declared they have immunity to steal people’s hard-earned money?

International Organizations Immunities Act (IOIA) of December 29, 1945

Almost immediately after World War II, Congress passed the International Organizations Immunities Act, which was signed into law on December 29, 1945. This established immunities, privileges, and tax exemptions for international organizations that might not be considered international organizations under the rules of international laws, such as the Global Fund, for example.What defines a qualifying “international organization”? The IOIA states: “For the purposes of this title, the term “international organization” means a public international organization in which the United States participates pursuant to any treaty or under the authority of any Act of Congress authorizing such participation or making an appropriation for such participation…”Once the IOIA was passed, it was by the authorization of the President(s) to grant these privileges to international organizations by executive order. The President also has the authority to condition, limit, or revoke the designation. Whereas, there have been a few that received limited privileges, there does not seem to be any that have been revoked, with exception of organizations that dissolved. However, in 1983 President Ronald Reagan extended additional immunities from lawsuits and prosecution to Interpol, and in 2009, President Barack Obama granted additional benefits.

The IOIA states that “International organizations … shall enjoy the same immunity from suit and every form of judicial process as is enjoyed by foreign governments, except to the extent that such organizations may expressly waive their immunity.” This gave them absolute immunity. In 1976, the Foreign Sovereign Immunities Act was passed which created some restrictions on immunities, but the IOIA seemed to have remained vague on the matter.

When it comes to immunities and privileges, there are countries who grant them to international organizations under their own criteria and rules, there are headquarters agreements that provide additional immunities and privileges, and there are international treaties that also grant immunities and privileges. A single organization could have one, two, or all three at the same time. As an example, the Global Fund has privileges by the U.S., and international treaties with multiple countries, while having additional immunities in Switzerland, including a headquarters agreement. In other words, they are protected to the hilt.

Immunities, Privileges, and Tax Exemptions Enjoyed by IOIA Status

Note that in this Act, as well as treaties, they often say, “unless immunity is waived,” and what they mean by that is that the internal heads of the organization determine whether they wish to waive immunity so that a particular legal case may see the light of day in court, outside of the organization using its internal council for any such debates or legal action. Unless something so outrageous happened, such as an employee murdering another employee, it would be unlikely that any organization would waive their immunity rights to settle disputes on their own.

This is a cliff note summary of their ability to operate outside the law. The full version of the IOIA can be reviewed in detail via the original Act signed into law, Yale Law School, or for more background visit Wikipedia.

• International organizations, their property and their assets, wherever located, and by whomsoever held, shall enjoy the same immunity from suit and every form of judicial process as is enjoyed by foreign governments, unless the organization waives their immunity

• Immunity from search and seizure of property and assets, wherever located, and by whomsoever held

• Archives are inviolable

• Exemption from property taxes, internal revenue taxes, communication taxes, taxes on transportation of persons or property, customs duties and taxes

• Admission of officers and employees, and their family members, without checks from customs

• Officers and employees are exempt from legal suits or any other legal action in regards to activities related to work

• Employees are exempt from income tax, if they are not U.S. citizens, or are both a U.S. citizen and a citizen of the Commonwealth of the Philippines

• Officers and employees of the international organization, and members of their immediate families, other than nationals of the United States, require no alien registration or fingerprinting, or registration of foreign agents

• If the Secretary of State determines that the continued presence of a person from an international organization, in the United States, is no longer desirable, or if the Secretary of State wishes to withdraw the privileges, exemptions, and immunities of the international organization itself, they have the power to do so

76 International Organizations Given Immunities and Privileges

The list below is in the order in which the immunities were first given to these organizations. As anyone can see, Truman was instrumental in kicking this off with 20 designations, and Bill Clinton holds second place. Since President Truman, every president thereafter issued immunities to various organizations, with the exception of President Trump, and thus far, Biden.This is a comprehensive list that includes the organization, date it was founded, headquarters, the dates they were given immunity and by whom, and the executive order numbers that correspond, which have been rigorously checked. Also note that some of these organizations also have treaties that give them additional immunities and privileges, such as the UN. This will be covered further in part 2.

Organization of American States (formerly the Pan American Union)
Founded: 1890 (the charter was officially created on April 30, 1948)
Headquarters: Washington D.C.
IOIA Status: EO 9698 on February 19, 1946 by Harry S. Truman and EO 10533 on June 3, 1954 by Dwight D. Eisenhower

International Labor Organization (founded under League of Nations, now part of UN)
Founded: October, 1919
Headquarters: Geneva, Switzerland
IOIA Status: EO 9698 on February 19, 1946 – Harry S. Truman

Food and Agriculture Organization of The United Nations
Founded: October 16, 1945
Headquarters: Rome, Italy
IOIA Status: EO 9698 on February 19, 1946 – Harry S. Truman

United Nations
Founded: October 24, 1945
Headquarters: New York
IOIA Status: EO 9698 on February 19, 1946 – Harry S. Truman

Pan American Health Organization (previously Pan American Sanitary Bureau)
Founded: December 2, 1902
Headquarters: Washington, D.C.
IOIA Status: EO 9751 on July 11, 1946, and EO 10025 on December 30, 1948 by Harry S. Truman, and EO 10864 on February 18, 1960 by Dwight D. Eisenhower

Inter-American Statistical Institute
Founded: May 12, 1940
Headquarters: Washington, D.C.
IOIA Status: EO 9751 on July 11, 1946, and EO 10025 on December 30, 1948 by Harry S. Truman, and EO 10864 on February 18, 1960 by Dwight D. Eisenhower

Inter-American Institute for Cooperation for Agriculture (formerly the Inter-American Institute for Agricultural Sciences)
Founded: 1942
Headquarters: San Jose, Costa Rica
IOIA Status: EO 9751 on July 11, 1946 – Harry S. Truman

International Bank for Reconstruction and Development (World Bank)
Founded: July, 1944 (opened their door on June 25, 1946)
Headquarters: Washington, D.C.
IOIA Status: EO 9751 on July 11, 1946 – Harry S. Truman

International Monetary Fund (UN)
Founded: July, 1944
Headquarters: Washington, D.C.
IOIA Status: EO 9751 on July 11, 1946 – Harry S. Truman

International Wheat Advisory Committee (International Wheat Council)
Founded: 1933
Headquarters: London, England
IOIA Status: EO 9823 on January 24, 1947 – Harry S. Truman

International Telecommunication Union (est as International Telegraph Union, now under UN)
Founded: May 17, 1865
Headquarters: Geneva, Switzerland
IOIA Status: EO 9863 on May 31, 1947 – Harry S. Truman

United Nations Educational, Scientific, and Cultural Organization (UNESCO) – UN
Founded: November 16, 1945
Headquarters: Paris, France
IOIA Status: EO 9863 on May 31, 1947 – Harry S. Truman

International Civil Aviation Organization (UN)
Founded: April 4, 1947
Headquarters: Montreal, Canada
IOIA Status: EO 9863 on May 31, 1947 – Harry S. Truman

International Cotton Advisory Committee
Founded: 1939
Headquarters: Washington DC
IOIA Status: EO 9911 on December 19, 1947 – Harry S. Truman

International Joint Commission – United States & Canada
Founded: 1909
Headquarters: Ottawa, ON and Washington, D.C.
IOIA Status: EO 9972 on June 25, 1948 – Harry S. Truman

World Health Organization (UN)
Founded: April 7, 1948
Headquarters: Geneva, Switzerland
IOIA Status: EO 10025 on December 30, 1948 – Harry S. Truman

Pacific Community (formerly the South Pacific Commission)
Founded: 1947
Headquarters: Noumea, New Caledonia
IOIA Status: EO 10086 on November 25, 1949 – Harry S. Truman

Organization for Economic Cooperation and Development (OECD) – (formerly the Organization for European Economic Cooperation)
Founded: April 16, 1948 (changed to OECD on September 30, 1961)
Headquarters: Paris, France
IOIA Status: EO 10133 on June 27, 1950 – Harry S. Truman

Inter-American Defense Board
Founded: January, 1942
Headquarters: Washington, D.C.
IOIA Status: EO 10228 on March 26, 1951 – Harry S. Truman

International Organization for Migration (formerly Provisional Intergovernmental Committee for the Movement of Migrants for Europe and Intergovernmental Committee for European Migration)
Founded: December 6, 1951
Headquarters: Grand-Saconnex, Switzerland
IOIA Status: EO 10335 on March 28, 1952 – Harry S. Truman

International Finance Corporation (under World Bank)
Founded: July 20, 1956
Headquarters: Washington, D.C.
IOIA Status: EO 10680 on October 2, 1956 – Dwight D. Eisenhower

Universal Postal Union (established by Treaty of Bern, now under UN)
Founded: October 9, 1874
Headquarters: Bern, Switzerland
IOIA Status: EO 10727 on August 31, 1957 – Dwight D. Eisenhower

International Atomic Energy Agency (UN)
Founded: July 29, 1957
Headquarters: Vienna, Austria
IOIA Status: 10727 on August 31, 1957 – Dwight D. Eisenhower

International Hydrographic Bureau
Founded: June 21, 1921
Headquarters: Monte Carlo, Monaco
IOIA Status: EO 10769 on May 29, 1958 – Dwight D. Eisenhower

International Maritime Organization (formerly the Intergovernmental Maritime Consultative Organization – UN)
Founded: March 17, 1958
Headquarters: London, United Kingdom
IOIA Status: EO 10795 on December 13, 1958 – Dwight D. Eisenhower

World Meteorological Organization (UN)
Founded: March 23, 1950
Headquarters: Geneva, Switzerland
IOIA Status: EO 10676 on September 1, 1959 – Dwight D. Eisenhower

Inter-American Development Bank
Founded: April 8, 1959
Headquarters: Washington, DC
IOIA Status: EO 10873 on April 8, 1960 by Dwight D. Eisenhower and EO 11019 on April 27, 1962 by John F. Kennedy

International Pacific Halibut Commission
Founded: 1923
Headquarters: Seattle, WA
IOIA Status: EO 11059 on October 23, 1962 – John F. Kennedy

Inter-American Tropical Tuna Commission
Founded: 1949
Headquarters: San Diego, CA
IOIA Status: EO 11059 on October 23, 1962 – John F. Kennedy

Great Lakes Fishery Commission
Founded: 1955
Headquarters: Ann Arbor, MI
IOIA Status: EO 11059 on October 23, 1962 – John F. Kennedy

International Coffee Organization (setup under the auspices of the UN)
Founded: 1963
Headquarters: London, UK
IOIA Status: EO 11225 on May 22, 1965 and EO 11449 by Lyndon B. Johnson

Asian Development Bank
Founded: December 19, 1966
Headquarters: Mandaluyong, Philippines
IOIA Status: EO 11269 on February 14, 1966 and EO 11334 on March 7, 1967 by Lyndon B. Johnson

Inter-American Investment Corporation
Founded: 1985
Headquarters: Washington, DC
IOIA Status: EO 11269 on February 14, 1966 by Lyndon B. Johnson and EO 12567 on October 2, 1986 by Ronald Reagan

European Bank for Reconstruction and Development
Founded: 1991
Headquarters: London, UK
IOIA Status: EO 11269 on February 14, 1966 by Lyndon B. Johnson and EO 12766 on June 18, 1991 by George H.W. Bush

European Space Agency (formerly the European Space Research Organization)
Founded: 1964
Headquarters: Paris France
IOIA Status: EO 11318 on December 5, 1966 and EO 11351 on May 22, 1067 by by Lyndon B. Johnson, EO 11760 on January 17, 1974 by Richard Nixon, and EO 12766 on June 18, 1991 by George H.W. Bush

International Secretariat for Volunteer Service (formerly the International Peace Corps Secretariat)
Founded: January, 1963
Headquarters: Washington, D.C.
IOIA Status: EO 11363 on July 20, 1967 – Lyndon B. Johnson

United International Bureau for the Protection of Intellectual Property (BIPRI)
Founded: 1893
Headquarters: Geneva, Switzerland
IOIA Status: EO 11484 on September 29, 1969 – Richard Nixon

World Customs Organization (formerly the Customs Cooperation Council)
Founded: January 26, 1952
Headquarters: Brussels, Belgium
IOIA Status: EO 11596 on June 5, 1971 – Richard Nixon

African Union (formerly the Organization of African Unity)
Founded: May 25, 1963
Headquarters: Addis Ababa, Ethiopia
IOIA Status: EO 11767 on February 19, 1974 by Richard Nixon and EO 13377 on April 13, 2005 by George W. Bush

World Intellectual Property Organization (UN)
Founded: July 14, 1967
Headquarters: Geneva, Switzerland
IOIA Status: EO 11866 on June 18, 1975 – Gerald Ford

International Development Association (under World Bank)
Founded: September 24, 1960
Headquarters: Washington, D.C.
IOIA Status: EO 11966 on January 19, 1977 – Gerald Ford

International Centre for Settlement of Investment Disputes (under World Bank)
Founded: October 4, 1966
Headquarters: Washington D.C.
IOIA Status: EO 11966 on January 19, 1977 – Gerald Ford

International Fertilizer Development Center
Founded: October, 1974
Headquarters: Muscle Shoals, AL
IOIA Status: EO 11977 on March 14, 1977 – Jimmy Carter

International Mobile Satellite Organization
Founded: July 16, 1979
Headquarters: London, United Kingdom
IOIA Status: EO 12238 on September 12, 1980 – Jimmy Carter

Multinational Force and Observers
Founded: August 3, 1981
Headquarters: Rome
IOIA Status: EO 12359 on April 12, 1982 – Ronald Reagan

International Food Policy Research Institute – limited privileges
Founded: March 5, 1975
Headquarters: Washington, D.C.
IOIA Status: EO 12359 on April 22, 1982 – Ronald Reagan

African Development Bank
Founded: September 10, 1964
Headquarters: Abidjan, Cote d’lvoire
IOIA Status: EO 12403 on February 8, 1983 – Ronald Reagan

International Criminal Police Organization (INTERPOL) – limited privileges
Founded: September 7, 1923
Headquarters: Lyon, France
IOIA Status: EO 12425 on June 16, 1983 by Ronald Reagan, EO 12971 on September 15, 1995 by William J. Clinton, and EO 13524 on December 16, 2009 by Barack Obama

International Boundary and Water Commission – the United States & Mexico
Founded: March 1, 1889
Headquarters: El Paso, TX
IOIA Status: EO 12467 on March 2, 1984 – Ronald Reagan

World Tourism Organization (UN)
Founded: 1975
Headquarters: Madrid, Spain
IOIA Status: EO 12508 on March 22, 1985 – Ronald Reagan

Pacific Salmon Commission
Founded: 1937
Headquarters: Vancouver, Canada
IOIA Status: EO 12567 on October 2, 1986 – Ronald Reagan

United Nations Industrial Development Organization
Founded: November 17, 1966
Headquarters: Vienna, Austria
IOIA Status: EO 12628 on March 8, 1988 – Ronald Reagan

International Committee of the Red Cross
Founded: February 17, 1863
Headquarters: Geneva, Switzerland
IOIA Status: EO 12643 on June 23, 1988 – Ronald Reagan

Multilateral Investment Guarantee Agency (under World Bank)
Founded: 1988
Headquarters: Washington, D.C.
IOIA Status: EO 12467 on August 22, 1988 – Ronald Reagan

Organization for Eastern Caribbean States
Founded: 1981
Headquarters: Castries, Saint Lucia
IOIA Status: EO 12669 on February 20, 1989 – George H.W. Bush

International Fund for Agriculture Development (UN)
Founded: December, 1977
Headquarters: Rome, Lazio, Italy
IOIA Status: EO 12732 on October 31, 1990 – George H.W. Bush

International Development Law Organization
Founded: January 1, 1983
Headquarters: Rome, Italy
IOIA Status: EO 12842 on March 29, 1993 – William J. Clinton

North Pacific Anadromous Fish Commission
Founded: February 11, 1992
Headquarters: Vancouver, BC, Canada
IOIA Status: EO 12895 on January 26, 1994 – William J. Clinton

North Pacific Marine Science Organization
Founded: March 24, 1992
Headquarters: Sidney, Canada
IOIA Status: EO 12894 on January 26, 1994 – William J. Clinton

Border Environmental Cooperation Commission
Founded: 1994
Headquarters: Ciudad Juarez, Mexico
IOIA Status: EO 12904 on March 16, 1994 – William J. Clinton

Commission for Environmental Cooperation
Founded: 1994
Headquarters: Montreal, Canada
IOIA Status: EO 12904 on March 16, 1994 – William J. Clinton

North American Development Bank
Founded: 1994
Headquarters: San Antonio, TX
IOIA Status: EO 12904 on March 16, 1994 – William J. Clinton

Israel-United States Binational Industrial Research and Development Foundation
Founded: 1977
Headquarters: Israel
IOIA Status: EO 12956 on March 13, 1995 – William J. Clinton

International Union for Conservation of Nature and Natural Resources – limited privileges
Founded: October 5, 1948
Headquarters: Gland, Switzerland
IOIA Status: EO 12986 on January 18, 1996 – William J. Clinton

World Trade Organization
Founded: January 1, 1995
Headquarters: Geneva, Switzerland
IOIA Status: EO 13042 on April 9, 1997 – William J. Clinton

Organization for the Prohibition of Chemical Weapons
Founded: April 29, 1997
Headquarters: The Hague, Netherlands
IOIA Status: EO 13049 on June 11, 1997 – William J. Clinton

Hong Kong Economic and Trades Offices
Founded: 1986
Headquarters: Beijing / New York
IOIA Status: EO 13052 on June 30, 1997 – William J. Clinton

Inter Parliamentary Union
Founded: 1889
Headquarters: Geneva, Switzerland
IOIA Status: EO 13097 on August 7, 1998 – William J. Clinton

GRECO (Council of Europe in Respect of the Group of States Against Corruption)
Founded: 1999
Headquarters: Council of Europe, Strasbourg, France
IOIA Status: EO 13240 on December 18, 2001 – George W. Bush

European Central Bank
Founded: June 1, 1998
Headquarters: Frankfurt, Germany
IOIA Status: EO 13307 on May 29, 2003 – George W. Bush

African Development Fund
Founded: September 10, 1964
Headquarters: Tunis, Tunisia
IOIA Status: EO 13377 on April 13, 2005 – George W. Bush

Global Fund (Bill & Melinda Gates, Jeffrey Sachs, Kofi Annan, Amir Attaran )
Founded: January 28, 2002
Headquarters: Geneva, Switzerland
IOIA Status: EO 13395 on January 13, 2006 – George W. Bush

ITER International Fusion Energy Organization
Founded: October 24, 2007
Headquarters: Saint-Paul-les-Durance, France
IOIA Status: EO 13451 on November 19, 2007 – George W. Bush

Office of the High Representative in Bosnia and Herzegovina and the International Civilian Office in Kosovo
Founded: 1995
Headquarters: Sarajevo, Bosnia and Herzegovina
IOIA Status: EO 13568 on March 8, 2011 – Barack Obama

International Renewable Energy Agency (IRENA)
Founded: January 26, 2009
Headquarters: Abu Dhabi, United Arab Emirates
IOIA Status: EO 13705 on September 3, 2015 – Barack Obama

World Organization for Animal Health (formerly the Office International des Epizooties (OIE))
Founded: January 25, 1924
Headquarters: Paris, France
IOIA Status: EO 13759 on January 12, 2017 – Barack Obama

Since Truman, every President has given immunities to a number of international organizations, except President Trump, and thus far, Biden.

Part 2 dives deep into connections that unveil a larger group pulling many strings that seems to have received little to no exposure, and shows just how far this extends and the true power they hold – where laws and the constitution don’t seem to exist for them.

Additional Organizations with Immunity By Treaties and/or No Liability Laws

GAVI The Vaccine Alliance

GAVI, founded in 2000 by the Bill & Melinda Gates Foundation, with UNICEF, the World Bank Group, and WHO listed as partners, was originally hosted by the United Nations Children’s Fund (UNICEF), meaning it was granted immunities and privileges through this hosting relationship. When UNICEF no longer hosted GAVI, it became a foundation and an international institution under Swiss law, and was given privileges and immunities in Switzerland on January 1, 2009, that equate to those the UN enjoys. In fact, GAVI was the first international institution to receive recognition under the new Host State Act in Switzerland.

Yes, this is the same GAVI that has contracted with most of the world to help rollout Covid jabs, and the same GAVI who has received billions in funding from the U.S. government over the past two decades. As an added bonus, the U.S. decided to create the U.S. International Development Finance Corporation (DFC) in 2019 to finance the private sector in healthcare, energy, telecommunications, and critical infrastructure. Just this May, GAVI and DFC partnered to create the COVAX Rapid Financing Facility, providing up to $1 billion to unleash more Covid jabs.

The World Bank, whose branches all receive outrageous immunities and privileges, is coincidentally GAVI’s trustee, manages their finances, and holds several seats on the board.

The Global Fund was founded in 2000 by Bill & Melinda Gates, Kofi Annan, Amir Attaran, and Jeffrey Sachs, and was launched in 2002. They ran a similar scheme. They established as a foundation under Swiss Law as well. In an agreement with the WHO providing a Secretariat for the Global Fund, it extended the WHO’s immunities and privileges to the Global Fund. At the same time GAVI received privileges and immunities in Switzerland, the Global Fund ended their agreement with the WHO on the same day. That said, as seen in the list above, the Global Fund was already receiving immunities and privileges by the U.S. and had already obtained them from Switzerland as well. It didn’t take long for them to convince other jurisdictions to grant them similar immunities.

They are not the only ones who have benefited from extended immunities. Much more on this coming up in part 2.

Big Pharma

As reported in Corey’s Digs report on Measles, Masterminds, and Millions, big pharma was granted full immunity from lawsuits for injuries and deaths resulting from vaccines, back in 1986 when the Vaccine Injury Compensation Program was created.

Just to be clear, all big pharma, GAVI, WHO, all five World Bank arms, and the Global Fund all hold immunities. Does anyone believe they are concerned about over 1.6 million cases of jab injuries and deaths reported to VAERS since 1986, when none of them would be held accountable, and taxpayer dollars will pay out anyone who receives minimal compensation? Remember, most of them have these immunities on an international scale. And people wonder why they walk around fearless, while expanding on “population control” goals.

CERN: The European Organization for Nuclear Research

Formed in 1954, and headquartered in Canton of Geneva, Switzerland, CERN scientists want to figure out “what the universe is made of and how it works.” While they fire up their 17-mile long Hadron Collider to study particles and probe dark matter and celebrate with incredibly bizarre satanic ritual ceremonies, they too enjoy immunity and privileges.

“The Protocol recognizes … the organization’s capacity to contract, to acquire and to dispose of movable and immovable property and to participate in legal proceedings … Among other things, the new recognition means that our pension fund – which is an integral part of CERN without a legal status of its own – can now enter into investment operations in markets that were previously hard to access.” – Eva-Maria Groniger-Voss, CERN Legal Counsel

As of March, 2004, CERN gets to enjoy additional immunities, operating outside of its host states of Switzerland and France, to the other member states of their organization.

CERN operates with 23 member states, with additional states holding observer status, and a large number of non-member states with international cooperation agreements with CERN. Observer status and non-member status of the Russian Federation was removed on March 8, 2022.

The Protocol also grants them immunity from jurisdiction of the national courts. Of course, personnel who have claims against the organization need to submit them to the International Labour Organization, who also holds international immunity status. Immunity from jurisdiction is also extended to personnel, and exempts them and their family members from income tax and immigration restrictions. CERN has over 9,000 scientists.

The Bank for International Settlements (BIS): Immunity and Beyond

The Bank for International Settlements was established in Basel, Switzerland in 1930. It is an international financial institution owned by central banks and serves as a bank for central banks, in addition to acting as an agent or trustee with international financial transactions. It’s made up of members of central banks and monetary authorities, including the Board of Governors of the Federal Reserve System. BIS is governed by a Board of Directors. In fact, Jerome H. Powell serves on the Board. BIS operates with sovereign immunity, and according to their website, some of these immunities not only extend to BIS members under specific activities, but also extend to “systemically important institutions,” which is likely the insurers, and payment systems. There are currently 63 member banks and monetary authorities, plus their subsidiary members under the International Association of Deposit Insurers (IADI). They also have innovation hubs for CBDCs.In the agreement between the Swiss Federal Council and BIS, a few of the immunities breakdown as follows:Article 12-15, 18: Immunity for members of the board of directors, officers, bank staff, representatives of (non-)member banks and ‘experts’, including inviolability of all documentation.

Article 24: Immunity of premises.

Essentially, what this means, is that there is absolutely no transparency, traceability, or accountability for where funds are being moved.

The fact that some of these immunities extend to members and appear to extend to “systemically important institutions” by BIS, comes as no surprise. Separately, as seen in the list above on International Organizations with immunity, we know that the following 13 financial institutions do have immunities under the International Organizations Immunities Act:

African Development Bank
African Development Fund
Asian Development Bank
European Bank for Reconstruction and Development
European Central Bank (also listed on BIS under 63 member banks)
Inter-American Development Bank
International Bank for Reconstruction and Development (World Bank)
International Centre for Settlement of Investment Disputes (part of the World Bank Group)
International Development Association (part of the World Bank Group)
International Finance Corporation (part of the World Bank Group)
International Monetary Fund (UN)
Multilateral Investment Guarantee Agency (part of the World Bank Group)
North American Development Bank

In 2005, Bill H.R. 3269 was introduced by Congress to amend the International Organization Immunities Act to include the Bank for International Settlements under the Act. Whereas, it passed the House, it never made it out of the Senate.

Catherine Austin Fitts of The Solari Report, Patrick Wood, and John Titus, have all covered the immunities with BIS and Central Banks and their findings thus far, so rather than regurgitate their solid work on this, it is all linked below. That said, there are a few additional points that need to be made in regard to some key timing elements.

A Few Key Timeline Points for Reference:

December 23, 1913
The Federal Reserve was created

January 20, 1930
The Bank for International Settlements was founded

The Hague Convention expanded BIS’ immunities

July, 1944
The International Bank for Reconstruction and Development (World Bank) was founded

December 27, 1945
Eleven European countries signed the International Bank of Reconstruction and Development (World Bank) Articles of Agreement

December 29, 1945
The U.S. signed the International Organizations Immunities Act into law

February 19, 1946
President Harry S. Truman began dishing out immunities to international organizations, which included the World Bank Group’s five branches, as well as other banks listed above

September, 1994
The first BIS Board meeting after the Federal Reserve finally purchased shares in the BIS system, kicked off the central bank system on a global scale, with BIS at the helm

October 1, 1997 Money began going missing from the Department of Defense and the Department of Housing and Urban Development in the US Federal Government, in large amounts, totaling $21 trillion by fiscal 2015 September 10, 2000.
BIS sent a note to its registered shareholders informing them of BIS’ decision to the new restriction on the right to hold shares in the BIS exclusively to central banks, which included details about the mandatory repurchase of all shares, and the amendments of BIS’ statutes that were to be adopted by the Extraordinary General Meeting held on January 8, 2001. Note on BIS’ site.


May, 2002
BIS created a subsidiary called the International Association of Deposit Insurers (IADI), whereby the Federal Deposit Insurance Corporation (FDIC) is a member, along with 91 other deposit insurers. The U.S. Treasury, International Monetary Fund, and the World Bank are a few of the partners of IADI.

August 22, 2019
BlackRock’s white paper on “Going Direct” reveals that the central bank is moving funds directly into the hands of public and private sector spenders (meaning equity investors), in a laundering scheme. The plan injected more than $5 trillion into the U.S. financial system. The following month, the U.S. Federal Reserve began a repo loan bailout program by “Going Direct” to the trading houses on Wall Street, and in March 2020, hired BlackRock to help implement the “Going Direct” plan.

For a fuller understanding on the history of BIS, central banks, immunities, and what this all means, it is prudent to watch and read the following:

All The Plenary’s Men, by John Titus

The Iron Bank: Is BIS Sovereign Immunity the Secret Sauce Behind the Global Coup? Part 1
with Catherine Austin Fitts and Patrick Wood

The Iron Bank: Is BIS Sovereign Immunity the Secret Sauce Behind the Global Coup? Part 2
with Catherine Austin Fitts and Patrick Wood

Does the BIS Owe US $21 Trillion (Or Owe You $65,000)? by Catherine Austin Fitts

Fed Immunity for Banksters with John Titus and Robert F. Kennedy Jr.

The Tower of Basel, by Adam Lebor

Missing Money, section on The Solari Report containing documents, articles, and videos

Members of BIS: 63 Central Banks, Monetary Authorities and The Federal Reserve System:

This does not include the insurers and payment systems companies

Bank of Algeria
Central Bank of Argentina
Reserve Bank of Australia
Central Bank of the Republic of Austria
National Bank of Belgium
Central Bank of Bosnia and Herzegovina
Central Bank of Brazil
Bulgarian National Bank
Bank of Canada
Central Bank of Chile
People’s Bank of China
Central Bank of Colombia
Croatian National Bank
Czech National Bank
Danmarks National bank (Denmark)
Bank of Estonia
European Central Bank
Bank of Finland
Bank of France
Deutsche Bundesbank (Germany)
Bank of Greece
Hong Kong Monetary Authority
Magyar Nemzeti Bank (Hungary)
Central Bank of Iceland
Reserve Bank of India
Bank Indonesia
Central Bank of Ireland
Bank of Israel
Bank of Italy
Bank of Japan
Bank of Korea
Central Bank of Kuwait
Bank of Latvia
Bank of Lithuania
Central Bank of Luxembourg
Central Bank of Malaysia
Bank of Mexico
Bank Al-Maghrib (Central Bank of Morocco)
Netherlands Bank
Reserve Bank of New Zealand
Central Bank of Norway
National Bank of the Republic of North Macedonia
Central Reserve Bank of Peru
Bangko Sentral ng Pilipinas (Philippines)
Narodowy Bank Polski (Poland)
Banco de Portugal
National Bank of Romania
Central Bank of the Russian Federation
Saudi Central Bank
National Bank of Serbia
Monetary Authority of Singapore
National Bank of Slovakia
Bank of Slovenia
South African Reserve Bank
Bank of Spain
Sveriges Riksbank (Sweden)
Swiss National Bank
Bank of Thailand
Central Bank of the Republic of Türkiye
Central Bank of the United Arab Emirates
Bank of England
Board of Governors of the Federal Reserve System (United States)
State Bank of Vietnam

It’s Time To Close The Laundromat

Now that the ah ha moment has taken effect, contemplate how many thousands of NGOs and corporations have operated with and through this vast field of immunity, this untraceable and unaccountable land that knows no boundaries. There is no red tape within this realm – only dystopian fantasies they wish to fulfill as they pick off the feeders to serve their future dreamworld. Just imagine walking through life knowing that you are untouchable, and consider the euphoria these power-hungry individuals steep in. Seduced by darkness and void of conscience, they continue to roll forward with their agendas, as everyone sits by praying for a miracle. These are groups of men and women who masterminded a plan to take global control of the world’s money and weaponize it against everyone. The plotting began a century ago, and it’s far past time to foil their plan.The John Birch Society recently published a couple of brilliant ideas as one way to combat this tyranny. They explain that state governments have an obligation to make all unconstitutional federal actions unenforceable, or null and void, and lay out two ways of accomplishing this when it comes to federal spending.

1) Enact an Escrow Law

They suggest that state legislatures should enact a “State Sovereignty and Federal Tax Funds Act,” known as an “escrow” law. Federal taxes would be required to go into a special fund controlled by the state government. Once they calculate the actual constitutional federal spending, the state would only send that percentage of funds to the Internal Revenue Service (IRS). Remaining funds would go toward state expenditures that were reliant on federal funding, or be returned to taxpayers.

They point out that this would save taxpayers a considerable amount of hard-earned money because they estimate that 80% of federal spending is unconstitutional. This would protect the state and the people, while putting the federal government in check. They also point out that this bill has been introduced in five states in previous years, but has yet to be enacted into law, which is critical right now in order to gain the upper hand.

2) Nullify the Federal Reserve

Here, they argue that the Federal Reserve is unconstitutional and has created a monopoly on currency. They illustrate how 42 states have enacted legislation to abolish or curtail sales taxes on precious metals, which is a big step toward treating them as legal tender. Oklahoma, Utah, and Wyoming are leading the pack by reaffirming the validity of gold and silver as legal tender to compete against Federal Reserve Notes. Texas opened a state precious-metals depository, and Tennessee has enacted legislation to study creating its own depository.

These are great steps in the right direction, but as the John Birch Society points out, state governments must enforce the Constitution’s Gold and Silver Clause (Article I, Section 10), which declares that “No State shall … make any Thing but gold and silver Coin a Tender in Payment of Debts.”

The bottom line is that states had better stop taking federal financial assistance which locks them into the rules and stipulations the government attaches to those funds, and they had better start holding them accountable, severing ties, and fulfilling their obligations to the people of their state, or these thieves will continue to thrive until they bleed everyone dry.

People, on the other hand, had better start paying attention to who they are doing business with, where they are banking and investing, why cash is so important to stay out of their system, and why everyone must get this information in the hands of their legislators immediately. Trillions of dollars have moved from the people, through the IRS and big Gov, and straight into their hands. This spin cycle needs to come to an end. The Sound Money Defense League is a good source for information on state laws with precious metals and up-to-date news and insights on the financial moves being made.

This is a call to action, and people need to work together to strategize, make moves, and confront this enslavement scheme everyone has fallen prey to. It’s time to close the doors on this laundromat for good.

Download this report in pdf format in the Bookshop >

Part 2 dives deep into connections that unveil a larger group pulling many strings that seems to have received little to no exposure, and shows just how far this extends and the true power they hold – where laws and the constitution don’t seem to exist for them. It also reveals how extended immunities, agreements, and NDAs provide cover for those working with these organizations that are so “privileged.”

This report was sponsored by The Solari Report.

Special thanks to The Sharp Edge for assistance with validating executive orders for the organizations, and to Robert Dupper for inspiring the laundromat graphic theme, from the Solari Spacs report.

Link To Read Full Article HERE



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Top US Banks with Ties to UN Under Investigation

Top US Banks with Ties to UN Under Investigation

A formal investigation of six big banks has been launched by 19 state Attorneys General, citing the undermining of American economic and national security interests by their involvement  with United Nations globalist policies.

The banks are being investigated in relation to United Nations Net-Zero Banking Alliance (NZBA), pushing Economic, Social, Governance (ESG) schemes. The institutions include JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Wells Fargo, and Morgan Stanley. The United Nations is focused on facilitating a global economic transformation Behind the Green Mask of “sustainability” known as Agenda 2030. -JD



October 27, 2022 | By Alex Newman | theepochtimes |

A coalition of 19 state attorneys general from across the country launched a formal investigation into six major U.S. banks last week citing legal concerns about banks’ “ESG” investing and their involvement with a United Nationsalliance fighting CO2 emissions.

The banks “appear to be colluding with the U.N. to destroy American companies” and undermine the nation’s best interests, one of the AGs warned in a statement e-mailed to The Epoch Times.

Another AG argued that these U.N.-inspired banking policies were resulting in jobs being sent to communist China as the regime there continues building coal-fired power plants to ensure low-cost, reliable energy.

The new investigation is the latest salvo by Republican-led states amid growing nationwide concerns about the “woke” policies of financial institutions and other powerful business interests.

Multiple attorneys general who spoke to The Epoch Times about the probe said it was their job to enforce consumer protection laws and protect citizens in their states from potentially illegal activity by companies.


Link To Full Article HERE


Get The USA OUT of the UN !

October 23, 2022  |  By Karen Bracken  | Withdraw UN_Subscribe

Our government over many decades has given way too much power over our country to the UN and its many affiliates. It is time we put an end to it. The UN always was and still is a political and social enemy. They have no concern for humanity or for the sovereignty of the member states.








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Missouri Joins Growing List of States Divesting from BlackRock

Missouri Joins Growing List of States Divesting from BlackRock

More States are divesting from investment company BlackRock, Inc. due to the firm’s ESG (environmental, social, and governance) political agenda.  Missouri State Treasurer Scott Fitzpatrick said that the financial interests of Missouri state employees who rely on their investment funds for retirement are the State’s priority.

Other States that have divested from BlackRock are  Arizona, Arkansas, Florida, Idaho, Kentucky, Louisiana, North Dakota, Oklahoma, South Carolina, Texas, Utah, West Virginia, and Wyoming. -JD


“We should not allow asset managers such as BlackRock, who have demonstrated that they will prioritize advancing a woke political agenda above the financial interests of their customers, to continue speaking on behalf of the state of Missouri. It is past time that all investors recognize the massive fiduciary breach that is taking place before our eyes, and do something about it.”

Link To Full Article HERE



Link To Article HERE




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U.S. Congressman Introduces H.R. 9157, The Gold Standard Restoration Act



October 10, 2022 |  U.S. Congressman Introduces H.R. 9157, The Gold Standard Restoration Act

H.R. 9157, The Gold Standard Restoration Act, would “define the dollar as a fixed weight of gold,” and move American monetary policy toward urgently needed stability.

The Bill’s sponsor, West Virginia Representative Mooney stated,“The gold standard would protect against Washington’s irresponsible spending habits and the creation of money out of thin air.”

H.R. 9157 would require full disclosure of all central bank, U.S. government gold holdings, and gold-related financial transactions for the last 6 decades.

The Gold Standard Restoration Act was introduced October 7, 2022 and referred to the House Committee on Financial Services.  Contact info HERE to encourage your Congress member to Co-Sponsor H.R. 9157.  -JD





Link To Read Full Article HERE




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Biden Administration Showers More Money on Ukraine As US National Debt Climbs Passed $31 Trillion

Link To DEMAND NO MORE so-called “aid” to Ukraine HERE


Biden Administration Showers More Money on Ukraine As US National Debt Climbs Passed $31 Trillion

October 5, 2022 | Image Source

Out-of-control government spending and borrowing continues, as the  Biden administration added $625 MILLION to the BILLIONS already spent for Washington’s proxy war with Russia in Ukraine.

For the first time in history, the US national debt has passed $31 TRILLION.   Meanwhile, Ukraine’s acting president Zelensky signed a decree ruling out peace talks with Putin, as he is apparently committed to an endless war, so long as DC politicians and other nations will fund the conflict.

The truth is, Americans don’t support Biden’s endless war and uncontrolled spending by Congress. There are countless economic, environmental, and social challenges here in the USA that need to be addressed. -JD











Former Senator / Retired Col.Urges Congress to End Ukraine War





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Federal Reserve and Big Banks Team Up On ‘Pilot Exercise’ of ESC scam

Federal Reserve and Big Banks Team Up On ‘Pilot Exercise’ of ESC scam

September 30, 2022

The privately owned Federal Reserve is teaming up with six of the largest banks: JPMorgan Chase, Morgan Stanley, Citigroup, Wells Fargo, Citigroup, and Bank of America ( who happen to be part OWNERS of the Fed ), to take steps toward facilitating a CCP-style social credit scoring system.  ESG, which stands for “Environmental, Social, and Governance,” is the marketing of “climate finance,” where consumers and businesses are scored according to their compliance ( or non-compliance ) with hypothetical climate scenarios.

The Fed does not care at all about the environment. ESG is a global bankster ponzi scheme to financially enslave the population and enable a small group of technocratic elites to make far reaching decisions for society. They are prepping this system that can also be demolished at any time. If you haven’t done so already, now is a good time to bail from the big banks, use #cash and do NOT comply. -JD





The Fed said in a statement Thursday:

“Six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks. Scenario analysis—in which the resilience of financial institutions is assessed under different hypothetical climate scenarios—is an emerging tool to assess climate-related financial risks, and there will be no capital or supervisory implications from the pilot.”

In other words, The Fed is working with the big banks to monitor their ability to comply with the ruling class’s preferred enviro statist technocratic tyranny.

The unaccountable people behind the American money printer claim that this exercise is “exploratory in nature and does not have capital consequences.”

The statement adds that the “scenario analysis can assist firms and supervisors in understanding how climate-related financial risks may manifest and differ from historical experience.”

What exactly does this mean?

The Fed is clearly leaning in to the climate hoax narrative, or the pseudoscientific idea that humans are catastrophically impacting the climate, but not because they somehow care about the environment. The climate narrative is the chief rhetorical facilitator for the ESG (Environmental, Social, and Governance) movement.

ESG acts as a trojan horse for the continuing centralization of the American financial system. ESG finance, popularized by hyper political asset management behemoths like BlackRock and Vanguard, acts to prevent outsiders from challenging the regime-connected insiders on Wall Street and in Washington, under the guise of acting to manifest a healthier planet. In other words, pro-ESG institutions are committed to attacking free market principles by means of deception, preferring the CCP-style “stakeholder capitalism” that allows for a small group of technocratic elites to make broad determinations about society.

Link To Full Article HERE




The Federal Reserve System – G. Edward Griffin

Link To Video




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‘Financial Rebellion’ With Catherine Austin Fitts

‘Financial Rebellion’ With Catherine Austin Fitts


July 21, 2022  | ‘Financial Rebellion’ With Catherine Austin Fitts | CHD.TV |

The revolution will not be centralized. Financial Rebellion is a weekly show featuring Catherine Austin Fitts and attorney Carolyn Betts, General Counsel of Solari, Inc. who call upon their years of experience in the financial and legal sectors to provide us with the tools we need to powershift our money and reclaim financial independence from the monopolizing grip of the central banks and digital currency titans.


Link To Video

Link To Source_CHD.TV



Image source

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July 23, 2022  |

A 2010 report written by Joel O. Almosara, Lt Col, BSC, USAF,  mentions the use of gene therapy as a weapon and reveals that the “dark side” of  biotechnology, when used maliciously or negligently can destroy human life.

On page 21, the article states:

“Biological warfare agents are mostly invisible to the human eye and naturally present in the environment. One of the advantages of using biological warfare could be “an optimal death to cost ratio; they are virtually undetectable; and they offer the potential for mass panic.”56 This is a positive motivation for nations, groups, and individuals to pursue genetically engineered pathogens as a weapon of choice. Biological warfare attacks may resemble a natural disease outbreak phenomenon and it would be very difficult to trace back to the source, thereby discounting the perpetrator’s actions.” Link

The document also describes the ability to “trigger” a dormant virus using a signal, causing sickness and death in specific target populations.

The ability of microwave radiation exposure to activate diseases is described in a recent paper:

Many have concluded that the CV-19 event was a biowarfare attack, orchestrated by individuals and rogue alphabet agencies with access to biolabs and government grants. It is critical to prosecute those who are responsible for these crimes against humanity. -JD








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Russia And China Officially Announce A “New Global Reserve Currency”

2020 headline, just months before Russia’s invasion of Ukraine

Russia And China Officially Announce A “New Global Reserve Currency”

And once again, as happens often with consequential news in the United States and the West, no one has noticed and no one seems to care.

July 22, 2022 | By | QTR’s Fringe Finance

If you’ve blinked over the last month, you may have missed it…

China and Russia are taking their shot at the U.S. dollar. And as often happens with consequential news in the United States and the West, no one seems to notice or even care.

Since the beginning of the year, I have been writing about the possibility of Russia and China challenging the US dollar’s global reserve status. Now, it’s happening.


It shouldn’t be any surprise to those paying attention that Russia and China are strengthening their economic ties amidst continued Western sanctions on Russia as a result of the country’s war in Ukraine.

What may surprise some people, however, is that Russia and the BRICS countries, including Brazil, Russia, India, China, and South Africa, are officially working on their own “new global reserve currency,” RT reported in late June. Nobody even seemed to notice.

“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” Vladimir Putin said at the BRICS business forum last month.

And of course, as Russia has been cut off from the SWIFT system, it is also pairing with China and the BRIC nations to develop “reliable alternative mechanisms for international payments” in order to “cut reliance on the Western financial system.”

In the meantime, Russia is also taking other steps to strengthen the alliance between BRIC nations, including re-routing trade to China and India, according to CNN:

President Vladimir Putin said Wednesday that Russia is rerouting trade to “reliable international partners” such as Brazil, India, China and South Africa as the West attempts to sever economic ties.

“We are actively engaged in reorienting our trade flows and foreign economic contacts towards reliable international partners, primarily the BRICS countries,” Putin said in his opening video address to the participants of the virtual BRICS Summit.

In fact, “trade between Russia and the BRICS countries increased by 38% and reached $45 billion in the first three months of the year” this year, the report says. Meanwhile, Russian crude sales to China have hit record numbers during Spring of this year, edging out Saudi Arabia as China’s primary oil supplier.

“Together with BRICS partners, we are developing reliable alternative mechanisms for international settlements,” Putin said.

China is buying more Russian oil than ever, but that doesn't mean that Putin has total loyalty | Fortune


Putin continued, stating last month: “Contacts between Russian business circles and the business community of the BRICS countries have intensified. For example, negotiations are underway to open Indian chain stores in Russia [and to] increase the share of Chinese cars, equipment and hardware on our market.”

In June, Putin also accused the West of ignoring”the basic principles of [the] market economy” such as free trade. “It undermines business interests on a global scale, negatively affecting the wellbeing of people, in effect, of all countries,” he said.

President Xi echoed Putin’s sentiments, according to a June writeup by Bloomberg:

“Politicizing, instrumentalizing and weaponizing the world economy using a dominant position in the global financial system to wantonly impose sanctions would only hurt others as well as hurting oneself, leaving people around the world suffering. Those who obsess with a position of strength, expand their military alliance, and seek their own security at the expense of others will only fall into a security conundrum.”

The developments obviously further my long held belief that a gold backed global reserve currency is on its way – something I have been writing about for months.

I’m also stunned that nobody seems to care that arguably the largest shift on the global macroeconomic playing field over the last half century may be taking place.

Sure, under the context of the conflict in Ukraine, the news may seem “par for the course” of sorts, which may result in the media and the financial world downplaying it. But put this piece of information out there on its own, without context – that there is a coordinated global challenge taking place to the U.S. dollar – and it would be the biggest news story in decades. Imagine if China and Russia just dropped this out of nowhere? Now, remember that both countries have been working on, and preparing for, this situation for years.

I mean, holy hell, look at Russia’s Treasury holdings as far back as 2018:

Russia's dollar reserves likely shifted to swaps after it dumped Treasuries

As I’ve noted before, Russia was also increasing its holdings of gold over the same period:


Link To Read Full Article Here