Guardians of Globalism: The Shadowy Power of Central Banks in Advancing the Globalist Agenda

by Thorsten Polleit

“Globalism,” the plan for a New World Order, a global Great Reset, suffered a significant setback in the United States of America with the election of Donald J. Trump as President, whose platform seeks to counter the “Deep State” and liberate America from the grip of globalism. What does “globalism” mean?

It is an ideological framework that seeks to end individual freedom and what little remains of the free-market system, empowering a global council of state leaders—or an ‘enlightened elite’—to control and manage people’s affairs. Its most recent manifestation is the Great Reset, promoted by the World Economic Forum (WEF), a prominent incubator of globalism with significant influence.

However, the true guardians of globalism operate discreetly in the background: central banks and their councils. These institutions and their decision makers make globalism—and its economic, social, and cultural consequences—financially viable. Central banks provide highly favorable credit conditions, allowing governments to borrow heavily at low costs. This enables governments to finance their spending quietly on credit, masking the economic and employment losses caused by their globalist agenda from a misled public.

Through policies of artificially suppressed interest rates and continuous money supply expansion, central banks create a deceptive illusion that conceals production and employment losses caused, for example, by “green policies.” Moreover, cheap debt funding allows the state to expand its influence, commanding scarce resources—such as labor and capital—and directing them toward initiatives aligned with the globalist agenda. As a result, an increasing number of people become dependent on the state for transfers, business opportunities, and employment.

Simultaneously, chronic goods price inflation, caused by central bank money supply expansion, impoverishes large segments of the population. Their income growth cannot keep pace with the true debasement of money, and the purchasing power of their savings erodes. This advances the globalist goal: reducing more and more people to dependent subjects reliant on state handouts, with economies increasingly tethered to the globalist agenda.

In the U.S., President Trump’s new budget proposal, dubbed the “Big Beautiful Bill,” fails to shrink the “Deep State” through meaningful spending cuts. Instead, massive budget deficits of approximately 7 per cent of GDP are likely to persist in the coming years.

While Trump works to end America’s aggressive, warlike foreign policy of recent decades, the Ukraine-Russia proxy war continues. This raises the question: Has the “Deep State” become too powerful, rendering financial and foreign policy reforms against its will impossible?

Globalists are not retreating, no doubt about that. In fact, they are now increasingly targeting European taxpayers to fund their agenda. For example, the German government plans to take on a massive €1 trillion in new debt, while the European Union intends to borrow €800 billion for “infrastructure” and “defense” initiatives. It is not difficult to forecast who will benefit from such a spending spree.

The European Central Bank (ECB) has lowered interest rates—from 4.5 per cent in September 2023 to 2.0 per cent in June 2025—ostensibly due to lower goods price inflation, but in reality, to subsidize the faltering finances of many euro area governments and their globalist policies with low borrowing costs.

Artificially low interest rates create the illusion of improved economic conditions, suggesting that economies are wealthier than they are, and that people can afford to support the globalist agenda—including abandoning oil, coal, and gas, permitting uncontrolled mass immigration, fuelling inflation, undermining private property, and suppressing individual freedom—without dire consequences.

Furthermore, low interest rates increase people’s time preference, increasing the prioritisation of present needs over future needs, thereby creating fertile ground for globalism to advance without significant resistance from a misled population.

It is unsurprising, then, that the U.S. Federal Reserve’s interest rate hikes in early 2022 disrupted globalism in the United States. Consequently, globalists are now focusing on Europe, attempting to push populations into a new state of emergency, such as a war economy or even outright war—hence their reluctance to end the Ukraine-Russia conflict. For globalists, a war economy is the ultimate scenario for establishing an all-powerful state with the surveillance and control systems they envision.

As the globalists are far from being defeated, it is actually quite concerning, even alarming, that President Trump is urging the U.S. Federal Reserve to lower interest rates again: Artificially low interest rates, combined with a Deep State financed through ever-growing debt, are the fiercest adversaries of his agenda.

The difficulty of curbing Deep State spending, let alone implementing spending cuts, is certainly evident in U.S. budgets in recent years: Deficits have become rampant. If globalists are not put down, it would not be surprising if the Fed soon lowers interest rates, following the lead of other central banks and granting the Deep State highly attractive funding terms.

While all eyes are on the Fed, however, one shouldn’t take lightly what the ECB is doing. It has pushed euro short-term interest rates in real terms (that is, the policy rate minus current inflation) back to, or below, zero, to the detriment of the euro’s purchasing power and thus the prosperity of around 350 million people in the euro area, their freedom, and their peace.

Moreover, the globalism-inspired ECB councillors plan to launch a central bank digital currency (CBDC), the “digital euro,” as early as October 2025—a deeply troubling monetary concept with significant potential for abuse, in fact, it would be a tyrannical kind of money.

In sum, the important message is this: If you wish to preserve peace and prosperity of mankind, it is high time to halt and dismantle the shadowy power of central banks, that is globalism’s guardians.

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