Since 1990 the different names of these products have been:
SCEP, BDPT, HYIP, PPP, FILT, PI
1.- HISTORY OF THE BANK INSTRUMENTS OF INVERSION AND HIGH
The term "Banking securities for an investment program" is
one of many terms which describe the bank investments. The term
"Bank investment" is related to transactions which involve
the exchanging of financian "Instruments" (documents) for
To make a historical-practice approach of the present situaction, we
must remember world situation in 1944. In that year it was clear
that, except Switzerland, USA and Canada, no country with important
economic weight could serve as a major engine for global
reconstruction after the end of the second World War.
How to rebuild the infraestructures, cities, production systems, and
everything that was devastated by war? How to mitigate the enormous
human misery produced? Half of humanity was devasted.
The solution came from a relatively small group of 730 Western
economists withe great economic and social vision. They met in USA in
a small town called Bretton Woods where they planned the
reconstruction with solid basis for the economists of European and
Asian pro-democratic countries. They were led by Mr. John Marylard
Keynes, in what was named " The Bretton Woods Agreement".
At that time, the largest gold reserves in the world were held by
Switzerland, USA and Canada. These were the only industrialised
countries in the Western hemisphere wich have intact economies,
banking systems and treasuries. It was necessary to create,
redistribute and deploy the wealth acces to those countries that were
devastatd and were in negative parameters. It was necessary to avoid
the wealth concentration; wealth had to be redistributed again.
It was agreed that USA would be the world banker, the american dollar
would replace to the pound sterling as the reference currency for
international transactions, with its value based on gool faith and
credite of the USA.