Our President Trump represents the United States Of America, at the G-20 as one of 19 individual countries.
Just asking? What is President Trump up against at the G20?
There are members of the G-20 that are not members of NATO, and there are members of NATO that don’t pay their GNP fair share.
President Donald J. Trump not only criticized, he shamed NATO and its underpaying-paying members, German chancellor Angela Merkel was one of the worst underpaying-paying NATO members.
There was BREXIT, then President Trump was elected and shocked the world, then Trump’s Policy, America First, Americanization not globalization….
So, before the G20 German chancellor Angela Merkel is criticizing and warning the most powerful leader in the world President Trump?
This week, German chancellor Angela Merkel criticized the Trump administration’s protectionism, saying “globalization is seen by the American administration more as a process that is not about a win-win situation but about winners and losers.” There are few options but to make a success of globalization, Merkel warned earlier in a report (pdf) laying out the meeting’s priorities. “There can be no return to a pre-globalisation world.”
You’ve got to love it when this happens…
7 July 2017 • 3:37pm French President Emmanuel Macron left his position during the family picture to place himself next to US President Donald Trump as German Chancellor Angela Merkel watched on.
www.telegraph.co.uk › News
8 hours ago – Emmanuel Macron jostles his way to the front of G20 photo to stand by Donald Trump … Donald Trump as German Chancellor Angela Merkel watched on. … Merkel tapped Mr Macron on the shoulder to get his attention but the …
There was a noticeable gap on the top row as G20 leaders posed for their traditional family photo Credit: Stefan Rousseau/Getty Images Europe
The G20 nations are, Argentina, Australia, Brazil, Canada, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Korea, Turkey, United Kingdom, United States of America, China, South Africa, And Spain also attends all G20 summits as a permanent guest.
You can skip what you want of this Globalization Money Gobble De Coup …
But please go to the bottom lines…..
The G20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008, and the group also hosts separate meetings of finance ministers and foreign ministers DUE TO THE EXPANSION OF ITS AGENDA IN RECENT YEARS.
Brazil, Russia, India, China, South Africa,
The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). According to the Agreement on the NDB, “the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments.” Moreover, the NDB “shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank.”
2012 AN EXPANSION OF GLOBALIZATION AGENDA REPORT FROM ….. two economists, Jaromir Benes and Michael Kumhof, working for the International Monetary Fund, published a working paper called The Chicago Plan Revisited
EXPANDED AGENDA INDEED, THE CENTRAL BANK SHOULD BE SOLELY RESPONSIBLE FOR ALL THE CREATION OF ALL FORMS OF MONEY, NOT JUST PAPER MONEY AND COINS.
The G20 (or G-20 or Group of Twenty) is an international forum for the governments and central bank governors from 20 major economies founded in 1999. The G20 aims to discuss policy issues pertaining to the promotion of international financial stability. It seeks to address issues that go beyond the responsibilities of any one organization. The G20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008, and the group also hosts separate meetings of finance ministers and foreign ministers due to the expansion of its agenda in recent years.
Membership of the G20 consists of 19 individual countries plus the European Union (EU). The EU is represented by the European Commission and by the European Central Bank. Collectively, the G20 economies account for around 85% of the gross world product (GWP), 80% of world trade (or, if excluding EU intra-trade, 75%), and two-thirds of the world population.
THE EUROPEAN CENTRAL BANK (ECB; French: Banque centrale européenne) is the central bank for the euro and administers monetary policy of the eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. It is one of the world’s most important central banks and is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU). The capital stock of the bank is owned by the central banks of all 28 EU member states. The Treaty of Amsterdam established the bank in 1998, and it is headquartered in Frankfurt, Germany. As of 2015 the President of the ECB is Mario Draghi, former governor of the Bank of Italy, former member of the World Bank, and former managing director of the Goldman Sachs international division (2002–2005). The bank primarily occupied the Eurotower prior to, and during, the construction of the new headquarters.
The primary objective of the ECB, mandated in Article 2 of the Statute of the ECB, is to maintain price stability within the Eurozone. Its basic tasks, set out in Article 3 of the Statute, are to set and implement the monetary policy for the Eurozone, to conduct foreign exchange operations, to take care of the foreign reserves of the European System of Central Banks and operation of the financial market infrastructure under the TARGET2 payments system and the technical platform (currently being developed) for settlement of securities in Europe (TARGET2 Securities). The ECB has, under Article 16 of its Statute, the exclusive right to authorise the issuance of euro banknotes. Member states can issue euro coins, but the amount must be authorised by the ECB beforehand.
The ECB is governed by European law directly, but its set-up resembles that of a corporation in the sense that the ECB has shareholders and stock capital. Its capital is €11 billion held by the national central banks of the member states as shareholders. THE INITIAL CAPITAL ALLOCATION KEY WAS DETERMINED IN 1998 ON THE BASIS OF THE STATES’ POPULATION AND GDP, but the capital key has been adjusted. Shares in the ECB are not transferable and cannot be used as collateral.
The Chicago Plan Revisited is an International Monetary Fund (IMF) report from 2012 by Jaromir Benes and Michael Kumhof. The focus of the study is the so-called Chicago plan of the 1930s which the authors have updated to fit into today’s economy. The basic idea is that banks should be required to have full coverage for money they lend; this is called 100% reserve banking, which would replace the fractional reserve banking system.
Under this proposal, banks would no longer be allowed to create new money in the form of credit in connection with their lending activities. Instead, THE CENTRAL BANK SHOULD BE SOLELY RESPONSIBLE FOR ALL THE CREATION OF ALL FORMS OF MONEY, NOT JUST PAPER MONEY AND COINS. The advantages of such a system, according to the authors, are a more balanced economy without the booms and busts of the current system, the elimination of bank runs, and a drastic reduction of both public and private debt. The authors rely on economic theory and historical examples, and state that inflation, according to their calculations, would be very low.
THE FEDERAL RESERVE BANKS ARE NOT A PART OF THE FEDERAL GOVERNMENT, BUT THEY EXIST BECAUSE OF AN ACT OF CONGRESS.
THE FEDERAL RESERVE, LIKE MANY OTHER CENTRAL BANKS, IS AN INDEPENDENT GOVERNMENT AGENCY BUT ALSO ONE THAT IS ULTIMATELY ACCOUNTABLE TO THE PUBLIC AND THE CONGRESS…..
BECAUSE THEY EXIST BY AN ACT OF CONGRESS FEBRUARY 25, 1791…
A CENTRAL BANK, RESERVE BANK, OR MONETARY AUTHORITY is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency, which usually serves as the state’s legal tender.
The main function of a central bank is to control the nation’s money supply (monetary policy), through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis. Central banks usually also have supervisory powers, intended to prevent bank runs and to reduce the risk that commercial banks and other financial institutions engage in reckless or fraudulent behavior. Central banks in most developed nations are institutionally designed to be independent from political interference. Still, limited control by the executive and legislative bodies usually exists.
BECAUSE THEY EXIST BY AN ACT OF CONGRESS FEBRUARY 25, 1791..
1788 Thomas Jefferson watched as the Euro-Banking conspiracy to control the United States unfolded.
THE FIRST BANK OF THE UNITED STATES, WAS A NATIONAL BANK, CHARTERED FOR A TERM OF TWENTY YEARS, BY THE UNITED STATES CONGRESS ON FEBRUARY 25, 1791.
In 1791 the Bank of the United States (BUS) was founded, WITH THE ROTHSCHILDS AS MAIN OWNERS.