Posted By: Lymerick
Date: Saturday, 4-Nov-2017 06:02:01
By Anna Von Reitz
In this world, you have to pay close attention to words. Very close.
Take a look at the title of this article. What do you see?
Three words: global, collateral, and accounts.
What do those words imply? Global = worldwide, planetary, jurisdiction of the air, the realm of ideas and intellectual property. Collateral = things of value put at risk as assets justifying debt. Accounts = a plus and minus ledgering system keeping track of something--- could be money, could be credits, could be number of oranges in a warehouse.
String them all together and what have you got? Global Collateral Accounts. An accounting system that is global in nature, keeping track of unspecified assets being used as collateral.
You have just described the B.E.A.S.T. and --- though some people would give you the deliberate impression that the Global Collateral Accounts are stockpiles of gold amassed in China, the Philippines, and elsewhere---- that isn’t really the case.
You and everything you own or have an interest in constitute the “collateral” in the B.E.A.S.T. system.