Nexus - 0210 - New Times Magazine-pages

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._OBy LYS OI VEN? cial sections, most West s European countries have tied their own interest rates with that of West Germany's. Recently, short-term interest rates in the USA have fallen to 3.48%. This has resulted in a mass exodus of funds from the US to Germany, where an extra 6% can be picked up by Wall Street investment houses for what is basically “hot” money. As an economic spokesman for San Fransico's Wells Fargo Bank sums up: "We have lost control of our monetary policy. Everything now hinges on German monetary policy. The bottom line of all this, is that the rise in the German inter- est rate has given Germany effective sovereignty over the monetary policy of all other states, including the US. GERMANY BANS SILVER/MERCURY FILLINGS! February 1992: The German Ministry of Health banned one form of silver/mercury dental fillings because of adverse health effects in patients exposed to mercury released from amalgam fillings. The International Academy of Oral Medicine and Toxicology (IAOMT, Orlando Feb 1st '92) reviewed recent research demonstrating the harmful effects of mercury exposure from dental fillings, including kidney damage, pla- cental passage of mercury to unborn babies, and increased resistance to some antibiotics, plus probable relationship of mercury exposure to Alzheimer’ 's and cardiovas- cular disease. At the March 2nd Society of Toxicology meeting, Seattle toxicolo- gist presented more research on mer- cury exposure indicating that pre-natal exposure to mercury vapour can cause learning defects and behavioural prob- lems, and that occupational exposure to mercury vapour from amalgam reduced fertility in dental assistants. This cor- roborates another recent study indicat- ing harmful effects of mercury on male fertility. (Source: World Research New, 15300 Ventura Blvd, #405, Sherman Oaks, CA 91403; + refer to Nexus Vol. 2, #8 June- July 1992) This might be bad enough if it were the decision of the German govern- ment. But it isn't. It is that of the unelected German central bankers, the board of the Bundesbank, which does not take orders from Chancellor Kohl. The elected governments of the Germany, the US, the UK, France, Italy, Australia can do nothing about it. Now only a conspiracy theorist would suspect that the members of the board of a bank make decisions to fur- ther the profits of their business, wouldn't they? DO PRIVATE BANKERS "RULE" THE WORLD? An interesting sign of the times, (and, no doubt, more ammunition for con- spiracy theorists) is the emerging influ- ence of the German Bundesbank on the entire global econo- NOT Topay, I've Gor A HEADACHE! ae the emerging influ- ence of the German Bundesbank on the entire global econo- my. I nearly choked on my lunch when the midday ABC TV news comment- ed at length on the fact that financial fate of interest rates in the UK, the EEC, the USA, Japan, Australia ete, depended on what the German Bundesbank decid- ed to do with its own interest rates. For those who Aan't cand tha Finan BANKS, BRIBES AND BODIES IN NEW ZEALAND An Auckland computer broker who bought some excess computer equip- ment from Citibank has mysteriously died in a car accident recently. With the computer equipment Citibank had inadvertently included around 90 com- puter discs containing confidential client information (and according to television news, evidence of corrup- tion). Paul Gordon Edward White, 26, died in a horrific car smash early on Saturday, apparently after celebrating settlement with Citibank over owner- For those who don't read the finan- 6*NEXUS OCTOBER-NOVEMBER 1992