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Historic bonds were issued to the royal families of China and Europe in exchange for using their gold and other wealth as collateral assets for the funding requirement of different countries of the world. As banks create money from debt, the global bankers, who became successful in convincing the Royal Families of the world in using their assets as collateral in creating money, loaned the money. Therefore, the bankers did not use their own money.
According to history, these historic bonds were provided to holders to keep the financial instruments, which are kept in boxes, safe. These holders or custodians were being paid monthly compensation. However, some holders were not satisfied with their compensation and opened the boxes to sell for the purpose of augmenting their monthly compensation.
Many sovereign countries defaulted in paying the historic bonds. On this basis, payment for the historic bonds could not be redeemed. Some bonds even circulated as collectors item. However, international treaties were recently signed for the redemption of these historic bonds. The payment for the redemption will be coming from a humanitarian fund or a matrix fund.
In the process, the custodian of the bonds and the owners will be duly compensated. The compensation process will be part of the reset of the global financial system, with its main moving parts the redemption of the historic bonds and the revaluation of currencies such as the Iraqi Dinar and the Vietnamese Dong. The process will require the circulation of new money in the global financial system but a safeguard mechanism must be installed to use the money according to the humanitarian development objectives, prevent the global banking system to go back to the hands of large banking families, to foster fair international trade, and to prevent inflation.
The principal source of the humanitarian fund will be the payment for the redemption of the historic bond. This payment will be mainly coming from the earning derived from a financial trading mechanism, which was established in the Bretton Woods Agreement in 1944. This financial trading mechanism that was established to generate fund for global development and to contribute in managing global inflation is the Private Placement Program (PPP). PPP is a trade mechanism that allows the generation of profit as the result of international trading in financial assets.
The earning from this trading mechanism provided the fund for the Marshall Plan that rehabilitated Europe after the Second World War. The fund for the Marshall Plan has piled up through the years and would be enough to pay all the historic bonds. Aside from the Marshall Plan, there are other Trust Funds established as the depository of the earnings from the trade and the interest payment in the use of the Global Debt Facility, which were wealth found in the Philippines used in the establishment of the World Bank and the IMF.
There are available evidence that Ferdinand Marcos was the lawyer of the depositor of the trust that the World Bank and IMF are presently sitting on top of. The Bretton Woods Agreement established global financial institutions that include World Bank, the International Monetary Fund, and the Bank for International Settlement. The PPP is relatively unknown as a creation of the agreement.