In 2005, Mervyn King, then governor of the Bank of England, admitted that cheap foreign labor helps keep wages down. Obviously, this is just common sense to anybody remotely intelligent, but it’s interesting to hear a central banker making such an revealing admission; even if that admission was followed by a “and that’s a good thing” type justification. King himself was also a member of the Rockefeller created Group of Thirty.

Migrants hold down inflation says governor by Larry Elliott and Charlotte Moore on June 14, 2005:
https://www.theguardian.com/business/2005/jun/14/politics.money

“Mervyn King, governor of the Bank of England, weighed into the debate about immigration last night when he strongly hinted that the influx of workers from eastern Europe over the past year had helped to limit increases in interest rates.

Speaking in Yorkshire, Mr King said that the 120,000 eastern Europeans who had arrived in Britain since 10 more countries joined the European Union in May 2004 had kept the lid on wages and prevented inflation from rising.

The governor said the appearance of new workers had helped to ease skill shortages in the economy at a time when inflation was just under Gordon Brown's 2% target.

"Without this influx to fill the skill gaps in a tight labour market it is likely that earnings would have risen at a faster rate, putting upward pressure on the costs of employers and, ultimately, inflation," he said.”