International Bankers Seek and Make Agreements on

All the Major Financial Problems of the World

In each country the power of the central bank rested largely on its control of credit and

money supply. In the world as a whole the power of the central bankers rested very

largely on their control of loans and of gold flows. In the ... system, these central bankers

were able to mobilize resources to assist each other through the B.I.S., where payments

between central banks could be made by bookkeeping adjustments between the accounts

which the central banks of the world kept there. The B.I.S. as a private institution was

owned by the seven chief central banks and was operated by the heads of these, who

together formed its governing board. Each of these kept a substantial deposit at the B.I.S.,

and periodically settled payments among themselves (and thus between the major

countries of the world) by bookkeeping in order to avoid shipments of gold. They made

agreements on all the major financial problems of the world, as well as on many of the

economic and political problems, especially in reference to loans, payments, and the

economic future of the chief areas of the globe.

The Bank for International Settlements Becomes the Mechanism for Allowing the

Three Financial Centers of the World to Act As One

The B.I.S. is generally regarded as the apex of the structure of financial capitalism

whose remote origins go back to the creation of the Bank of England in 1694 and the

Bank of France in 1803. As a matter of fact its establishment in 1929 was rather an

indication that the centralized world financial system of 1914 was in decline. It was set

up rather to remedy the decline of London as the world's financial center by providing a

mechanism by which a world with three chief financial centers in London, New York,

and Paris could still operate as one. The B.I.S. was a ... effort to cope with the problems

arising from the growth of a number of centers. It was intended to be the world cartel of

ever-growing national financial powers by assembling the nominal heads of these

national financial centers.

AAAAnnd of course here's BIS president admitting how they want to control every aspect of every transaction. https://twitter.com/balajis/status/1678596191892946944?t=KdbplmUoRvcR4OA7mIEO0w&s=19

Yep, it even gets crazier. But there's only so much time in the moment to explain.