Bancor – New Global Currency

One Response to “Bancor – New Global Currency”

  1. James Garrett Says:

    I listened to the whole thing and I can’t agree with them more. I have written in my book 2012 what’s really going to happen in 2012. There is no getting around this currency collapse and I to believe it will start in mid 2011 and we will end in 2012. I did a lot of history research on currencies back in the mid 1980s on currency collapses and I studied economics from the early age of 10 years old. I am now 54 and I have seen a lot of ups and downs as a business owner since 1978, but I never seen anything like what is going on right now with the Federal Reserve printing trillions of dollars each year. Unless god himself intervenes with some kind of miracle taking place there is only one outcome and it is what stansberry research says the outcome will be.

    I can also tell you the one world government thing will also be a total failure no matter what their plans are for a one world government, it will fail from the beginning. You can’t replace 10 failed paper currencies with one new paper currency. Paper or digitized it’s all about trust in whatever the currency is and once that faith in the paper currency is lost it will not come back quickly. I know I wouldn’t trust the bancor, would you? That’s the way most people who work for a living will feel and the only people who will trust it are the people who rely on government currently for their income.

    That’s not the producing side of the economy that is the side that receives the wealth redistribution but in the hyperinflation scenario stansberry research has it right there will be riots and mayhem coming all from the people who rely on government. No matter what the rioters want the government will be powerless to do anything about it. If you have a worthless currency there is no more wealth to redistribute and socialism once again for the 100th time fails again. These goof balls in charge are not very smart people.

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