Here’s a December 15 headline in the New York Times that should not have been lost in the holiday whirl, nor in the general hubbub of news since: “Fed Joins Climate Network, to Applause From the Left.”As the article details, the U.S. Federal Reserve Board, the nation’s central bank, has officially joined the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). That’s “Greening,” as in “environmentalism,” “Greta Thunberg,” “Green New Deal,” and all that. And as the Times makes clear in its headline, the left is loving it. NGFS is an organization that few Americans have heard of, and yet it’s potentially one of the most powerful entities on the planet: Its roster of members and observers is nearly 100, including such mighties as the Bank of Japan, the European Central Bank, and the International Monetary Fund. And now, the U.S. Federal Reserve. So we can see that just about all the money in the world passes through its institutions. That’s power. It’s interesting to note that in the past, the left has been mostly hostile to big financial institutions, seeing them as pillars of Capital. And yet nowadays, the left—at least its huge green faction—is cheering for the financiers. Why this turnabout? Because NGFS is an… Read full this story
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Virgil — The Great Reset Updated: You Might Not Have Heard of NGFS, but NGFS Has a Plan for You have 723 words, post on www.breitbart.com at January 24, 2021. This is cached page on USA Posts. If you want remove this page, please contact us.
