The Next World Reserve Currency Will Not Be A National Currency

04/07/201927 Comments

We've all seen some version of the following chart:

It purports to show the changeover in world reserve currencies from one era to the next, which not coincidentally tracks the rise (and fall) of the various colonial empires of the last several hundred years, from the Portuguese to the Spanish to the Dutch to the French to the British to the current era of Pax Americana. The implication is obvious: No empire lasts forever, and sooner or later that empire will fall, and with it the world reserve status of its currency.

Technically, this chart is wrong. As Mike Maloney details in a recent video, "the world didn't have a reserve bank that was doing international settlements or acting as a hub of any type of monetary system until the Bank of England." Prior to the Bank of England's establishment (discussed in my documentary Century of Enslavement: The History of the Federal Reserve), there were predominant currencies, but nothing like a "reserve" currency.

Nonetheless, the point stands: Empires do rise and fall, and in the era of world reserve currencies and international settlements, their currency's status as a world reserve falls with them.

The other implication of this chart stands out like a sore thumb: The American Empire's time is running out, and the dollar is going to go down with it.

It's a theme I've discussed many times on the podcast, and something I've written about in detail over the years. The dollar is dying; everyone knows that.

But the world reserve currency does not simply vanish; it is replaced. So here's the real question: If the dollar is going to go down, what will replace it?

The answer to that question is not so straightforward as it might seem.

Discover the truth about the world's next world reserve currency in this week's edition of The Corbett Report Subscriber.

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  1. fairtrax says:

    What Mike didn’t point or perhaps he didn’t understand is that this chart of predominant “global” currencies maps the movement of the Jews who ran the financial game behind the scenes as they fell out of favour and became persecuted for their exploitation and moved to another country. You found the same pattern (since they match) with the so-called East India trading companies and the most powerful seafaring nations. Few understand that the Christopher Columbus “discovery of America” ruse was a Jewish project.
    And few have grasped the breathtaking revelation of Captain Ramsey, a British MP imprisoned without charge or trial from 1940-4, in his 1952 book “The Nameless War” that the elite Jews of Amsterdam funded Oliver Cromwell, who was responsible for the beheading of Charles I in 1649 and who then let the Jews back into Britain after their expulsion in the 12th century. 30 years later, the Bank of England was established as a private central bank. So, the British Empire was Jewish from that time. Think about it…
    To be clear, I’m not anti-Jewish, just those who purport to be Jews but are satanic and control our world from behind the scenes.
    Richard Presser

    • Robert Smith says:

      Anti-Zionism is obviously NOT Anti-Semitism, & there’s also Jewish folks who believe that Zionism is Anti-Semitism, which I find absolutely believable. I sure bet you’re not an anti-semite which is good. David Icke also confirms that Anti-Zionism is NOT Anti-Semitism. David Icke is NOT an antisemite the same way that Ozzy Osbourne is NOT a Devil Worshippper.

  2. zyxzevn says:

    Found these interesting news posts:

    White Helmets Involvement In Organ, Child Trafficking & Disinfo Ops – Vanessa Beeley Interview on The Last American Vagabond

    Mysterious Drug-Resistant Germ Deemed An “Urgent Threat” Is Quietly Sweeping The Globe
    It is a fungus.
    Possible treatments: iodide, pro
    According to old-school doctors probably treatable with Iodine.

    Related: Strom Clouds Gathering explains:
    How my family Stopped a Chronic MRSA Infection When Conventional Medicine Failed
    Probiotics: good bacteria push away the bad bacteria

  3. manbearpig says:

    Yes, of course we’ll be enticed into adopting the private-blockchained carbon-footprint-based “money” app, accessible biometrically. Even as all the classic currencies still exist, it will be dangled before our pseudo-politicized, game-playing, app-minded youth, made hyper trendy by some hyperactive YouTuber or in some Netflix TV series or both. It’ll be sold as the ultimate in eco-conscious, egalitarian, simple and subversive, perhaps even as a way to escape the ravages of a reported imminent collapse of the traditional monies…playing off the generation gap, old-decadent superstitious materialistic world vs new enlightened animal and nature-loving eco-responsible planet…there’ll be advantages Amazon-Go-style, avoiding the check-out counter or reduced prices…

    Probably we’ll “be given” a certain quantity, UBI-style, to get us hooked like we are now on the electric scooters, bikes, cars et al that suddenly sprouted up prolifically one day in “my” soon-to-be carless city…

    donno why but…”Betclic”, currently being hardsold to the kids, comes to mind…

    as a vector…?


  4. Corbett says:

    And here’s yet another death of the dollar / new world currency article this week, this time from the former United Nations Under-Secretary-General for Economic and Social Affairs:

    It seems this idea is very much in the zeitgeist this week.

    • HomeRemedySupply says:

      …The best alternative would be to turn the IMF into an institution fully financed and managed in its own global currency…

      …The Fund could then issue SDRs regularly or, better still, during crises, as in 2009… …Moreover, this would spread the financial benefits (seigniorage) of issuing the global currency across all countries. At present, these benefits accrue only to issuers of national or regional currencies that are used internationally – particularly the US dollar and the euro.

      More active use of SDRs would also make the international monetary system more independent of US monetary policy. One of the major problems of the global monetary system is that the policy objectives of the US, as the issuer of the world’s main reserve currency, are not always consistent with overall stability in the system…

      …they (anniversaries of IMF & SDR) also represent an ideal opportunity to transform the SDR into a true global currency that would strengthen the international monetary system. Policymakers should seize it.

  5. Octium says:

    I guess most Corbett Report listeners would know this already but it is worth pointing out anyhow.

    It is only meaningful to say a currency is backed by something else of value – if the currency can be exchanged for that something else of value at any time.

    There’s now doubt that the Amazon forest has value, but in order for it be used to back the Earth dollar, there would need to be process in which a holder of an Earth dollar can forfeit their dollar (Have it destroyed and taken out of circulation) in exchange for owning a square patch of the Amazon in which they are free to do what they like with (Clear it, build a house, use it as a nuclear waste dump etc..)

    Is that what the environmentalists are claiming their Earth Dollars are about?

  6. HomeRemedySupply says:

    This April 7, 2019 article “The Next World Reserve Currency Will Not Be A National Currency” holds a tremendous amount of significance.
    Timely. James Corbett hits the key points.

    This is one of those ‘bookmark articles’, because some day we will point to this article and say to someone: “See here. This was the ‘writing on the wall’.”
    ( 1 minute – grin 😉 )

    Corbett’s Article Quotes
    The implication is obvious: No empire lasts forever, and sooner or later that empire will fall, and with it the world reserve status of its currency.

    The other implication… The American Empire’s time is running out, and the dollar is going to go down with it.

    But the world reserve currency does not simply vanish; it is replaced. So here’s the real question: If the dollar is going to go down, what will replace it?….

  7. HomeRemedySupply says:

    For me, this was very interesting…
    Corbett’s “Recommended Viewing” video ”The Amazon monopoly and the problem with Jeff Bezos’ business model” by ‘The Hated One’, who often has some great videos.

    Let’s face it: Amazon is like John Davison Rockefeller Sr. disguised as a Teddy Bear. One could even say the FAANGs of the cobra are disguised as cute little Teddy Bears.

    Just this past week, (April 3), I read ”Amazon’s Whole Foods Experiment Will Render Kroger Obsolete”.
    (For those who don’t know, Kroger is a large chain of U.S. grocery stores.)

    Cash flow is the lifeblood of That’s unusual in the technology business. It is, however, common in the grocery business…
    …Public shareholders don’t understand cash flow, however. Thus, five of the seven grocers bigger than Whole Foods — Albertson’s, Ahold Delhaize, Publix, H.E. Butt and Wakefern — are privately held…
    Cash flow is why Amazon was so cheap for so long. Amazon shares were worth just $300 as recently as 2013. They now trade at over $1,800. The question is, just what does Amazon have in store for Whole Foods…
    …Amazon can afford to lose money and experiment for the sake of cash flow. It had sales of $233 billion last year and generated $30.7 billion of positive cash flow from operations. Kroger, by contrast, had just $4 billion in operating cash flow on its $122 billion in sales. This is killing Kroger stock, despite KR stock’s dividend now yielding 2.35%…
    …The Bottom Line
    Amazon is about growth and cash flow, not profit.
    (That last line really states: “Amazon is about control.”)

    • HomeRemedySupply says:

      Cash Flow

      I want to mention Cash Flow. Having owned a variety of businesses, ‘cash flow’ and especially ‘positive cash flow’ is important.

      In the early 1980’s, when I first got into the apparel business, I was surprised that often a business could not go out and just pay cash for inventory. No. It wasn’t standard business practice to pay cash up front. A business first needed to have a “credit rating”. Then, for example, with a “credit rating” by Dunn & Bradstreet, a business could call a supplier and order inventory. The inventory would be shipped along with an invoice “Payable in 30 days”. Sometimes, if you were lucky, the terms might be “Payable in 60 days”. Or 90.

      Essentially, with this type of system, one company was using another company’s money for a period of time. The seller of the inventory needed to have enough cash on hand to pay his bills until the buyer of the inventory sends his payment within 30 days.

      Cash Flow can make a company very powerful.

      Take a big gorilla, like Walmart. And you…you are just a small business making widgets. Walmart sends you a piece of paper likened to a contract which says, “We want a half million widgets payable to you in 30 days”. So, you pawn the house and mortgage your first-born to get enough dough to make all those widgets. You ship them to Walmart. Thirty days later, no check arrives. You give it another week. No check. You call, which takes half your day to get the right person. They’ll get back to you.
      And the story goes on and on and on. Six months later you are still trying to get your dough. You got no “cash flow”.

      You send a letter to Walmart and threaten to report their poor payment history to “Dunn & Bradstreet”.
      Walmart actually answers your letter with a mailed sticky note saying: “Ha! Ha! Go ahead. Report us to Dunn & Bradstreet for slow pay.”
      Walmart doesn’t care about some hard-to-see blemish in their D&B credit rating from a small-time widget maker in Montana.
      They are WALMART. They got cash flow.

  8. HomeRemedySupply says:

    Browsing around on Corbett’s “Just For Fun”,, I ran across this article by Josh Jones and also the music…
    (Worth the read and “listen to”. Don’t fight me on this.)

    Hear the Only Instrumental Ever Banned from the Radio: Link Wray’s Seductive, Raunchy Song, “Rumble” (1958)

    …The gritty tune is said to be, writes critic and curator at the Library of Congress Cary O’Dell, “the connecting force between early blues guitarists and the later guitar gods of the 1960s (Hendrix, Clapton, Page.)”….

  9. calibrator says:

    James writes “This one, via Rothschild Reuters, tells us…”

    Before I startpage/duckduckgo for days:

    Does anybody know a “reliable” website which lists all the companies and NGOs “inofficially” connected to the Rothschild and/or Rockefeller families?

    Like Reuters, News Corp., Club Med (that is officially connected), WWF etc.

    • generalbottlewasher says:

      Calibrator ; you might try Richard Grove. Tragedy and Hope .com
      He has tied a lot of dots together on Rothschild

      One thing I have tried to do is walk my revenue stream away from all those related companies and products. That’s a great question, lets hear what you find.

      • calibrator says:

        Thanks, but I know that one already, especially his knowledge base with thousands of entries.

        You should have a look at this on a 4K monitor…

        Problem is: You can lose yourself in there! There are tons of valuable nuggets but also lots of simple Wikipedia links. I suspect many of the articles at Wikipedia have already been sanitized by now as the connection isn’t always there/clear.

        However, his website actually made be buy a licence of TheBrain last year to organize “my” facts & connections, albeit in a more disciplined form.

        Other companies I additionally already know that were either funded and/or controlled:

        – Alliance Assurance Company
        – Barrick Gold Corporation (world’s largest gold mining company)
        – De Beers (via Cecil Rhodes)
        – Glencore (world’s largest commodities trader, revenue: 220 billion USD)
        – Lazard (NYC HQ: The TOP(!) 13 floors in the Rockefeller Center…)
        – Rio Tinto Mining
        – Royal Dutch Shell
        – Societe Generale (lots of daughter companies)
        – Suez (financing the Suez canal) -> and later ENGIE
        – The Economist Group (together with the Agnelli family – one wonders how deep the Rothschilds are in Fiat & co.)

        Then the usual suspects:
        – AXA (former CEO Henri de Castries is the head of the Bilderbergers and the president of the Institute Montaigne, the biggest French industry think-tank)
        – Barclays
        – BlackRock
        – Deloitte
        – Deutsche Bank
        – Goldman Sachs
        – HSBC
        – Royal Bank of Scotland

        Here are some more I suspect but haven’t found conclusive links:
        – Blackstone Group
        – BNP Paribas
        – Global Infrastructure Partners (founding investors were General Electric and Credit Suisse
        – KPMG
        – Mazars
        – Michelin
        – Randstad
        – Schneider Electric (Joseph Eugène Schneider was a co-founder of Society Generale)
        – Total S.A.
        – Vinci

        I also generally suspect all companies with French names that are founded between 1810 and 1890 and are today either very big or world leaders in their respective field.
        Even if they weren’t founded by the R. family they seem to be acquired at some point in time. After they got control they invite other investors to buy shares, often from Asia or some Arabian emirates (to earn their money back) but still keep control. But that’s only the rough idea, I have to read much more to get the finer details.

        And of course all the companies controlled by J.P. Morgan that still exist today in some form or another (JP Morgan Chase etc.).

        The Rockefeller connection is still not totally clear to me: Was he simply used as an agent to kill all oil competition in the USA? Of course his family got mega-rich and began to control the downstream.
        I read that the Rothschilds financed his shopping spree in Cleveland(?) back in the day to crush the competition.

        And I also don’t believe in fairy tales – like a lowly clerk with a $14 salary becoming the world’s biggest indsutrialist just because he was clever and had “luck”. Yeah, right, he was lucky to get to know the ones who financed that little shit, son of a bigamist snake oil peddler.


        Good luck getting away from them – it will be hard…

        • generalbottlewasher says:

          Calibrator; along these lines while trying out Girubu ? Anonymous serch engine I came across something by Jeff Prayer.
          He claims Rockefellers are more wealthy than Rothchilds. The rumors that claim Rothschild was the world boogieman were supposedly being feed by Rockefeller employees to divert attention away from prying eyes. Who could ever know?

          • calibrator says:

            Yes, the unbelievable money mountains. Trillions and trillions of dollars.

            I don’t think that they are real, even if they exist.
            Do you get what I mean by that?

            What “use” have trillions if you can’t buy stuff with them?
            You would instantly make other people/companies so rich that they can get too dangerous.
            And you don’t want people to get rich – especially those not useful to you.

            So you want to create a few billionaires here and there to exert your influence. The George Soros type.
            And you don’t want to pay him directly. Paper trail! And you get poorer. Avoid that!
            So you let him speculate with bonds/shares and then manipulate the stocks or financial policy of the central bank in question.
            Et voila – Old Georgy has a cool billion more (that he can now use to pay for NGOs)…

            But it never really was about money.

            It was always about influence and control.

            Money follows automatically. It is mostly a tool.

            It also pays for people on the web spreading lies.

            Nearly every time a discussion drifts to the “international (jewish) money order” someone turns up and claims the Rothschilds were “only” Vatican bankers and the Catholics or Jesuits are behind everthing. They allegedly only use the Jews.

            You then read/hear a mixture of hearsay and conjecture with a heavy dose of prejudice and a splash of superstition on top.

            Of course this is being told with absolutely firm conviction.

            Facts? -> Why?

            Sources? -> What?

            At best you get citations from books of anonymous authors that either nobody knows or are laughably bad. They apparently all cite from very few “sources”.
            In Germany we have some of those “experts”, too, most being debunked already. Money-grabbers targetting the easy ones.

            Then, when the serious debate is nearly dead, stuff like this is being thrown into the debate:
            – Black Aristocracy: Ancient Roman, Florentine or Venetian families that still have somehow control but all live in more or less shabby palaces…)
            – The Black Pope: Apparently, there is one but it’s not about his skin…
            – Satanism
            – Baby-sacrifices
            – etc.

            If you have really bad luck some alien expert chimes in with unrefutable proof that humanity stems from aliens that have a wormhole parked somewhere at Saturn, or one of its moons.

            But of course we never were on our own Moon…

            • calibrator says:

              And just to clarify: To each his/her own!

              I don’t have anything against people who still believe in David Icke’s theories, Flat Earth etc. – I just don’t want to discuss with them. There will never be any productive outcome in those discussions.

          • HomeRemedySupply says:

            You guys got a good thread going.
            I’m watching.

    • generalbottlewasher says:

      Calibrator, good luck! May take a while. While looking around I found a musical tie in ( just for fun up top ) to how some of these NGOs get funding. Danial Pritzker billionaire heir of Hyaitt Hotel magnet , bought Jerry Garcia ‘Wolf’ guitar in 2003 for 700+k$ and in 2007 put it back on the auction block. It sold for $1.9million. Pritzker then donated the proceeds to charity. Drumroll please! Southern Poverty Center in Mobile Alabama.

      • calibrator says:

        Stuff like paintings and other “artworks” like this guitar are only bought for two reasons:
        – to sell them at a higher price at some point
        – for money laundering

  10. generalbottlewasher says:

    Calibrator; along these lines while trying out Girubu ? Anonymous serch engine I came across something by Jeff Prager.
    He claims Rockefellers are more wealthy than Rothchilds. The rumors that claim Rothschild was the world boogieman were supposedly being feed by Rockefeller employees to divert attention away from prying eyes. Who could ever know?

    On the list above you can add JenieOil and Biecktell.(spl.)

    • calibrator says:

      You are correct: I forgot Genie Energy (holding company for “Genie Oil and Gas” & “Genie Retail Energy”). Wikipedia has a bigger entry for them now – perhaps because Genie Retail Energy is now a supplier for the gas market in the US – who is already consolidating by acquiring smaller outfits.

      Their “strategic advisory board” is a “worst of” including Jacob Rothschild, his buddy Rupert Murdoch, Dick Cheney, ex-CIA director James Woolsey and Larry Summers to name the best known names.


      Do you perhaps mean “Bechtel Corp.”?

      I haven’t looked into Bechtel but one sentence is interesting:
      “Reagan’s cabinet had two former Bechtel executives: Caspar Weinberger and George Shultz” – both heavily connected persons.

      Wikipedia claims that the company is still owned and operated by the Bechtel family, though.

  11. scpat says:

    EXCLUSIVE: Documents Detailing Google’s ‘News Blacklist’ Show Manual Manipulation Of Special Search Results

    It appears the Daily Caller has not made the documents they say to have obtained, publicly available. But here are some highlights of their article.

    Google does manipulate its search results manually, contrary to the company’s official denials, documents obtained exclusively by The Daily Caller indicate.

    …That document reads that it was, “approved by gomes@, nayak@, haahr@ as of 8/13/2018.” Ben Gomes is Google’s head of search, who reports directly to CEO Sundar Pichai. Pandu Nayak is a Google Fellow, and Paul Haahr is a software engineer, whose bio on Google’s internal network Moma indicates that he is also involved in, “fringe ranking: not showing fake news, hate speech, conspiracy theories, or science/medical/history denial unless we’re sure that’s what the user wants.”

    …the blacklist applies to most of the other search features, like “top news,” “videos” or the various sidebars that are returned as search results.

  12. ClintTorrez says:

    The Fix was in –
    Basel 3 : A Revolution That Once Again No One Noticed –

  13. catie says:

    The digital currency, cashless system, is coming for sure. But maybe the bitcoin “wallet” will serve the purpose as cash does currently. The Globalists must have seen the dilemma of just a pure cashless system, where everyone’s purchases and lifestyles can be traced easily. In comes these bitcoin wallets, where you can make purchases anonymously. The Globalists would want some kind of system on the side to hide what they do, just like they know the masses do, while the Main Digital currency system will be for regular use.

    I’m not sure if that is what they are doing but maybe.

  14. HomeRemedySupply says:

    April 12, 2019
    Hidden Bond Market Dangers Expose Traders to $2 Trillion Wipeout

    Behind the rally in global debt markets lurks a disaster just waiting to happen. At least, that’s what some long-time market watchers are warning.

    While dovish comments by the Federal Reserve and other central banks have prompted investors to pile back into bonds, two troubling developments could make buyers uniquely vulnerable to deep and painful losses, they say. One is the sheer amount of ultra-low yielding debt, which means investors have almost no buffer in the event prices drop. That’s compounded by the worry liquidity will suddenly evaporate in a selloff and leave holders stuck with losses on positions they can’t get out of quickly…

    …And yields have, on average, fallen to roughly 1.8 percent, less than half the level in 2007. If they were to rise by a mere half-percentage point, investors could be looking at almost $2 trillion in losses.

    “This is an element of hidden leverage that is not appreciated,” says Jeffrey Snider, global head of research at Alhambra Investments. “We are eventually going to have a shock.”…

    …“The debt load in the world is so high now that it can’t withstand any historically-normal size of interest rate increases anymore,” says Stephen Jen, chief executive officer of Eurizon SLJ Capital….

    • HomeRemedySupply says:

      Corporate Debt is at record highs

      February 20, 2019
      Why The Corporate Debt Bubble May Burst Sooner Than You Think

      Record high corporate debt threatens the bond market, the stock market, and the broader economy, in the opinion of several respected analysts.
      One of them is Stephanie Pomboy, founder of economic consulting firm MacroMavens. More than a decade ago, she correctly warned of the impending subprime mortgage crisis, a key precursor of the more general financial crisis that followed in 2008.

      Now Pomboy sees troublesome similarities in today’s debt markets. “In 2007, the lie was that you could take a cornucopia of crap, package it together, and somehow make it AAA. This time, the lie is that you can take a bunch of bonds that trade by appointment, lump them together in an ETF, and magically make them liquid,” Pomboy said in a lengthy interview for a column in Barron’s. In the U.S. alone, there is about of $5.5 trillion of corporate debt with low or marginal quality, as detailed in the table below….

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