THE FED-WIRE
(…how to create Monopoly money without even trying..)

I just came across one of those info-nuggets in one of my “dumpster-diving” forays through that pile of info-garbage I previously mentioned.

It didn’t really register, at first, but the more I’ve studied it the more this seems to be something akin to that infamous –Tri-Lateral Commission- all those conspiracy buffs used to rant about years ago.

Thanks to technological advances, the Fed came up with this –Fed-Wire – concept, the design of which seems to be a hybrid between a spider’s web and an octopus. It performs like an electronic/digital hub for every major financial transaction between almost every Central Bank institution worthy of the name, plus, almost every bank of any consequence in the world. Even related capillary financial transactions (composed of all those transactions made by brokerage firms, business enterprises, individuals, etc.) pass through it.

In short, what this means is that neither our Fed nor any other Central Bank in the world no longer needs to actually – print – any currency, or even mint a coin anymore. With just a single key stroke on a computer it can create money out of thin air, give it whatever value it wants, and electronically pass it on to wherever it needs to be. We might say it’s…how to create Monopoly money without really trying.

The whole thing smells of …devaluation of currencies…on a global scale.

Well, if tomorrow anyone goes to the corner store to buy whatever, they may find that the currency they normally use no longer can buy what they want, without a suitcase full of it. Not to worry, if they have an IPad, IPhone, a Tablet, or even a laptop computer, all they’ll need to do is key in the needed value and, voila! They’ve bought what they wanted to buy. Impossible you say? What the hell…if the Fed can do it…why couldn’t we?

Welcome to the brave new world of our 21^st Century where – Money-  may soon no longer be…an option.

CENTURION