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Speaker 1: Now here's a highlight from Coast to Coast AM on iHeartRadio.

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Speaker 2: Now Madison stays with us. He is the author of Quaus,

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Speaker 2: a financial thriller. So let's get into the Bank for

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Speaker 2: International Settlements. We've discussed central banks, We've discussed fractional reserve banking,

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Speaker 2: creating money out of thin air as debt. So what

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Speaker 2: is the origin of this as you call it, a

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Speaker 2: central bank for all central banks, the BIS or the

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Speaker 2: Bank of International Settlements. When did it begin?

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Speaker 3: If it began in nineteen thirty officially, but the idea

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Speaker 3: of essentially an international super central bank then go back

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Speaker 3: into the eighteen nineties there were folks talking about a

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Speaker 3: super central bank, a international currency. And so what this does.

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Speaker 3: It's something that can take away sovereignty. It's something that

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Speaker 3: can facilitate, you know, cross border transactions. It's something that

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Speaker 3: takes away you know, rights of the people basically and

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Speaker 3: enriches the powerful elite. And how it does that and

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Speaker 3: what it doesn't, you know, that's what I think we

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Speaker 3: can get into now. But to get specifically to the

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Speaker 3: Bank for International Settlement, it's something that a lot of

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Speaker 3: people have not heard of, and that is very much

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Speaker 3: on purpose. The Bank for International Settlements does not want

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Speaker 3: people to know about it. They don't want people to

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Speaker 3: know what they're doing there. They don't want people to

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Speaker 3: know what's happening there. And if you look at like

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Speaker 3: in our country, the United States, where every time Jerome

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Speaker 3: poll the chairman of the Set of Reserve, he has

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Speaker 3: a meeting with the Board of Governors the Open Market Committee.

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Speaker 3: They release the meeting minute, there's a press conference afterwards.

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Speaker 3: But what you don't know is that every two months

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Speaker 3: Jerome Powell, the head of the European Central Bank, Christine

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Speaker 3: mcguard and the head of sixty three central banks around

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Speaker 3: the world encompassing ninety five percent of the world's GDP,

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Speaker 3: they meet secretly every two months in Bogle, Switzerland, at

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Speaker 3: the Bank for International Settlements. They have a multi day meeting.

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Speaker 3: They do not release minutes, they don't allow reporters, they

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Speaker 3: don't talk about what they discussed there. They just simply

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Speaker 3: fly to Switzerland in their private jets. They stay at

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Speaker 3: fancy hotels, They enjoyed gourmet meals. They talk about how

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Speaker 3: do we want the global economy to develop, and they

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Speaker 3: coordinate for the benefit of essentially the financial interests that

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Speaker 3: are really they're in control of and that control them,

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Speaker 3: and who own central banks around the world, the member banks.

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Speaker 3: As I mentioned in the United States, there are twelve

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Speaker 3: federal reserve banks spread out around the country San Francisco, Chicago,

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Speaker 3: New York. Those are owned by commercial banks. And so

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Speaker 3: this to go all the way back into the Rothschilds

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Speaker 3: who had originally wanted this type of international central banking

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Speaker 3: system in place to facilitate their business. And this is

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Speaker 3: what is going on today with the Bank for International Settlements.

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Speaker 2: What is the connection between the BIS and the Third Reich.

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Speaker 3: So when the BIS was formed in nineteen thirty, it

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Speaker 3: was set up because there were problems getting reparations payments

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Speaker 3: from Germany, and so there was from the very beginning

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Speaker 3: a strong German component to the Bank for International Settlements.

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Speaker 3: It was a way for the Allied powers that had

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Speaker 3: won World War One Belgium, United States, France, England to

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Speaker 3: facilitate payments from Germany. But literally just months before the

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Speaker 3: bank was officially formed, the stock market crashed in nineteen

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Speaker 3: twenty nine and reparation payments stopped a year later, and

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Speaker 3: the Central Bank began this metamorphosis into what it is today.

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Speaker 3: It had a very strong German component. A guy named

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Speaker 3: Helmer Shocked, who was the head of the reichs Bank

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Speaker 3: in the nineteen thirties in Germany, was an instrumental person

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Speaker 3: in this. He had had a secret meeting along with

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Speaker 3: people from the New York Federal Reserve and other people

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Speaker 3: that helped to create this. It's almost a replay of

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Speaker 3: the secret meeting on Jeko Island, except this was held

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Speaker 3: on Long Island in New York and they got together

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Speaker 3: secretly they put this gift. The United States wanted nothing

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Speaker 3: to do with it. The Federal Reserve in fact, was

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Speaker 3: not allowed to become an original official member of the

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Speaker 3: Bank for International Settlements. And what happened was that people

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Speaker 3: in Europe realized this won't work without the United States,

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Speaker 3: and instead of the central banks becoming the founding members

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Speaker 3: from the United States to the Bank for International Settlement,

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Speaker 3: the private banks in the United States became the founding members,

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Speaker 3: so the Bank of New York, the first Bank of Chicago.

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Speaker 3: So United States bankers had their influence in the Central Bank,

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Speaker 3: in the Bank for International Settlements and eventually used this

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Speaker 3: bank as a mechanism to fund the rebuilding of Germany.

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Speaker 3: It was literally a conduit for money from Wall Street

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Speaker 3: into the Third Reich, and during World War Two it

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Speaker 3: served as a conduit for feeding the Nazi war machine. Czechoslovakia,

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Speaker 3: which was one of the first countries that Hitler took over,

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Speaker 3: they had thousands of tons of gold that were being

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Speaker 3: stored for them by the Bank for International Settlements. And

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Speaker 3: so when Czechoslovakia was taken over, Germany wants this gold

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Speaker 3: to fuel its war machine. And instead of what would

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Speaker 3: be a normal situation, because the Czechoslovakians were worried they

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Speaker 3: were going to be taken over, they moved their money

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Speaker 3: to England, and they moved it to England, but they

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Speaker 3: didn't move it to England in their name. They moved

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Speaker 3: it in the name of the Bank of the Central

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Speaker 3: Bank for Central Banks, the Bank for International Settlements. And

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Speaker 3: so when Hitler and the Nazis demanded that they get

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Speaker 3: Czechoslovakian gold, the Bank for International Settlements was the one

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Speaker 3: that enabled the transfer of that gold through Amsterdam back

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Speaker 3: into Berlin.

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Speaker 2: Why would they do that? So why would the Bank

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Speaker 2: of International Settlements enable the Nazis that way?

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Speaker 3: The board of Directors during World War Two was dominated

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Speaker 3: at the Bank of the International Settlements by Germans. Five

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Speaker 3: different board members of the Bank were tried for crimes

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Speaker 3: against humanity and some of them were executed. So you

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Speaker 3: had Nazis control on the board of the Bank for

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Speaker 3: International Settlements. And the reason why the Americans and some

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Speaker 3: of the Allied counterparts at the Bank for International Settlements

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Speaker 3: went along with this was because even before World War Two,

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Speaker 3: they were envisioning this global, post nationalistic world, and there

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Speaker 3: in the Bank for International Settlement's charter it says that

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Speaker 3: these assets, these funds, cannot be disturbed, whether in time

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Speaker 3: of war or peace. And so there was this ideology

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Speaker 3: that they saw themselves as beyond citizens of their nations,

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Speaker 3: but citizens of the world, and that this Bank for

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Speaker 3: International Settlement in Switzerland was a place that you should

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Speaker 3: function as normal, even during a time of war, and

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Speaker 3: be a political and not take a side of Nazi

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Speaker 3: or not Nazi. And of course the Nazis that were

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Speaker 3: on the board convinced the non Nazis and the transfer

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Speaker 3: went through.

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Speaker 2: So after the Second World War was the Bank of

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Speaker 2: International Settlements involved in the creation of the European Union

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Speaker 2: and then the euro.

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Speaker 3: They basically did create the European Union, the entire system

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Speaker 3: of the European Central Bank. The euro people might be

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Speaker 3: aware that the European Central Bank has its headquarters today

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Speaker 3: in Frankfurt, Germany. So essentially what the Bank for International

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Speaker 3: Settlements did after World War Two is they carried out

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Speaker 3: the plans for a post World War two Europe, but

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Speaker 3: not the Allied plans, the Nazi plans. The Nazi plans

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Speaker 3: were for Europe dominated economically by Germany, the power in Germany,

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Speaker 3: and that is what we have today. We have a

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Speaker 3: European Central Bank that is headquartered in Frankfurt, Germany, that

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Speaker 3: is dominated by the German Bundesbank, which is the German

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Speaker 3: Central Bank. Because Germany is simply the most powerful economy

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Speaker 3: in Europe, especially after it was reunited, it dwarfs any

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Speaker 3: other economy saying, you know, France, and so you have

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Speaker 3: this dominated Europe. And even before World War Two, the

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Speaker 3: Nazis were talking about what are we going to do

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Speaker 3: after we win World War two. Well, one of the

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Speaker 3: things they want to do they want to create a

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Speaker 3: common currency, they want to remove national borders, and they

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Speaker 3: want all this economic power mighty to be headquartered in Germany.

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Speaker 3: And that's exactly what.

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Speaker 1: We have Now, so.

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Speaker 2: If you have the Governor of the Bank of Canada

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Speaker 2: and the Chairman of the Fed and so forth attending

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Speaker 2: these Secret Bank of International Settlement meetings, is the the

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Speaker 2: monetary policy for each country dictated at the BIS? In

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Speaker 2: other words, I mean we have a finance minister in

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Speaker 2: the House of Commons. Are you saying that basically they're powerless.

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Speaker 3: I they have power if they would use it. So

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Speaker 3: Congress in our country, and I'm not sure it quite

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Speaker 3: similar in Canada has oversight over the federal reserves. But

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Speaker 3: you have to wonder is there a similar group of

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Speaker 3: people that is having their bedding done through these central

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Speaker 3: central banks that also happens to have politicians under their pocket.

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Speaker 3: So if we had a completely independent governing class and legislature,

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Speaker 3: then they could have oversight and do something about it.

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Speaker 3: But you have to wonder do they really want to

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Speaker 3: do something about it? And I think the fact that

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Speaker 3: they haven't means that they don't. You have some people

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Speaker 3: in our country, you know Ran Paul Ron Paul, who

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Speaker 3: have argued for audits of the federal Reserve, people who

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Speaker 3: have wanted to take the United States out of some

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Speaker 3: of these intergovernmental international organizations like the United Nations, the IMF,

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Speaker 3: the World Bank, the Bank for International Settlements, and in fact,

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Speaker 3: after World War Two it was so horrible that at

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Speaker 3: Breton Woods every United States representative that we need to

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Speaker 3: get out of the Bank for International Settlements and dismantle

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Speaker 3: it immediately. Mysteriously, there were plans put in place for

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Speaker 3: this to happen. It's not clearly explained in the historical literature,

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Speaker 3: but the decision was reversed, and in nineteen forty eight

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Speaker 3: the Bank for International Settlements was back up and running,

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Speaker 3: even though half of its board had been not to

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Speaker 3: war criminals, even though they had facilitated the enablement of

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Speaker 3: the Third Reich, and they went in to go on

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Speaker 3: to have this Treaty of Maastricht, where they created the

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Speaker 3: euro and until the ECB, the European Central Bank, moved

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Speaker 3: to Frankfurt, they kept their offices at the Bank for

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Speaker 3: International Settlement headquarters in Basel, Switzerland. While this was all

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Speaker 3: developed so miraculously. After World War Two, they're left in power,

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Speaker 3: they're allowed to carry out the Third Reich's post World

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Speaker 3: War two economic plans, and today they are essentially the

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Speaker 3: leading cutting edge for the enablement of central bank digital currencies.

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Speaker 2: So now, yeah, let's get into central bank digital currency CBDCs.

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Speaker 2: Cbdc's recently up here in Canada. The Bank of Canada

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Speaker 2: a number of times have publicly stated that there is

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Speaker 2: no interest in a central bank digital currency in Canada.

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Speaker 2: They've done some internal polling, the people of Canada don't

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Speaker 2: want it. But then quietly over Christmas, here we go again.

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Speaker 2: It always happens over Christmas. Quietly, over Christmas, the Bank

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Speaker 2: of Canada registered the trademark for a digital currency in Canada,

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Speaker 2: the Bank of Canada Digital Currency. They register the trademark

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Speaker 2: even though publicly they say they're not pursuing it, which

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Speaker 2: is kind of a telling. What is the role of

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Speaker 2: the BIS in the creation of a central bank digital currency?

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Speaker 1: So there is.

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Speaker 3: One major role, which is technological. So they are working

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Speaker 3: on what I would call the financial plumbing, the mechanics

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Speaker 3: the rail to enable different countries to issual issue CBDCs

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Speaker 3: and do cross border payments. And they have a whole

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Speaker 3: other plan which we can also get into a little

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Speaker 3: bit of that. But just to piggyback on your comment

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Speaker 3: about Canada, that is exactly the playbook that these central

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Speaker 3: banks are using. They're saying we haven't decided yet, we're

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Speaker 3: just exploring central bank digital currencies, but they're doing everything

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Speaker 3: to put them in place in the meantime. So the

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Speaker 3: biggest central bank that's doing that is the European Central Bank.

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Speaker 3: They say potential Euro, potential Euro or digital Euro. But

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Speaker 3: yet they have this plan where there is a letter

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Speaker 3: just from January third of this year saying we're now

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Speaker 3: starting to hire different vendors for the implementation of the

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Speaker 3: digital Euro. Well, if there is only a potential, why

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Speaker 3: are you hiring vendors to put this in place. This

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Speaker 3: is exactly the type of stuff that could be going

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Speaker 3: on at the BIS that I think is going on

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Speaker 3: at the BIS. I have no way of knowing if

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Speaker 3: it's going on at the BIS because everything is confidential.

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Speaker 3: I believe that the central bankers are sitting there talking

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Speaker 3: about cbdc's. They're talking about how they want to roll

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Speaker 3: them out, how they want to do it in a

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Speaker 3: way that makes sense so that it can at least

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Speaker 3: look like they know what they're doing and they're coordinating this,

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Speaker 3: and then they're going to go ahead and they're going

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Speaker 3: to implement it in their respective nations. To one note

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Speaker 3: on this is the largest economy in Africa. Nigeria was

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Speaker 3: one of the first to roll out in actual CBDC

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Speaker 3: a couple of years ago and it's very telling on

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Speaker 3: how they did this. To get adoption, they told the

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Speaker 3: Nigerian population that to cut down on money laundering and

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Speaker 3: fraudulent transactions, they needed to issue all new paper currency.

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Speaker 3: They gave a deadline for the Nigerian people to submit

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Speaker 3: all of their old banknotes, two banks and to the

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Speaker 3: Government of Nigeria and then we're told we will reissue

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Speaker 3: you the new tougher to counterfeit notes. But guess what happened.

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Speaker 3: The Nigerian government took all their money in never issued

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Speaker 3: them the new notes and said well, you can use

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Speaker 3: our central bank digital currency, the e naira, their currencies

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Speaker 3: the naira. The people in Nigeria revolted.

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