US treasury Department has announced on November 12th that Iranian central bank was disconnected from SWIFT messaging, confirming that way that SWIFT was never intended to be a neutral entity, but a means of control…
As we already have said, there is no good, humane and noble idea in this World that cannot be corrupted and perverted by the hierarchical political matrix, which at its top has financial plutocracy. Let’s see what SWIFT should be:
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) SHOULD BE a financial network that provides secure, high-value cross-border transfers for members across the world. It SHOULD support most interbank messages, connecting over 11,000 financial institutions in more than 200 countries and territories — and it SHOULD BE a global service.
Unfortunately, it is not. It is based in Belgium, but its board includes executives from US banks with US federal law allowing the administration to act AGAINST banks and regulators across the globe.
In a special report of the “In Question” show, hosted by Anya Parampil, Kei Pritsker explains the purpose of SWIFT, and also what alternatives to SWIFT are emerging as the international community, particularly Europe, scrambles to subvert the sanctions. Yes, he also mentions cryptocurrencies as a viable solution to the global financial dictate:
Duration: 8:25
So, what will be the consequences of this financial dictate? As always, countries who had use it as a service, will have to defend themselves from the US, by searching for payment alternatives (Russians already have their SPFS and China have CIPS) and with further de-dollarization. Our Max Keiser from @keiserreport has explained that in simple terms:
The US puzzlingly seems to want to expedite global de-dollarization with its ill-advised weaponization of SWIFT. The impact this is having globally is clear. Russia and China are developing an alternative to SWIFT while also buying hundreds of tonnes of Gold as a means to escape the $USD chokehold. This in turn will accelerate global de-dollarization.
— Max Keiser, host of “Keiser Report”
If you are young and never watch the Empire fall, now is your chance — now you can watch it live!
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