BIS invites comments on ISO 20022 harmonisation proposals
Gesara.news » News » BIS invites comments on ISO 20022 harmonisation proposalsNews Date: March 2, 2023
With most of the world's payment systems adopting the ISO 20022 messaging standard by 2025, the coming years will be crucial for converging on its harmonized use to fully leverage its full potential to make cross-border payments faster, cheaper, and more transparent.
The Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) has worked with financial industry representatives to facilitate a harmonized adoption and use of ISO 20022 for cross-border payments.
The CPMI invites comments on this consultative report.
Introducing the new global financial systemAnswers provided by Sergey Glazyev, Russian Geoeconomics Tzar:
The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources.
And it will liberate the Global South from both western debt and IMF-induced austerity.
Transition to the new world economic order will likely be accompanied by systematic refusal to honor obligations in dollars, euro, pound, and yen.
In this respect, it will be no different from the example set by the countries issuing these currencies who thought it appropriate to steal foreign exchange reserves of Iraq, Iran, Venezuela, Afghanistan, and Russia to the tune of trillions of dollars.
Full article: Authored by Pepe Escobar via The Cradle
Global currency debasementEconomy hits debt saturation point. Global economy has no capacity to carry any more debt - Max Keiser.
The new higher levels of debt that many countries are now moving towards are going to be sustainable without imposing significant costs on growth as well as equity within their societies.
Every dollar that these central banks print will go directly into consumer price index inflation - and you will see it at the cash register immediately, and that is going to incredible social unrest.
Global debt to GDP is now at all-time high in Q1. Overall debt for the non financial-sector now worth 252% of global GDP.
Get ready for extreme global currency debasement.
NESARA could be announced to fix the Defunct US Inc.The Sat. 7 Nov. announcement by the Lame Stream Media that Biden won the US Presidency was just another lie to the American people - now referred to as Voter-gate. The only call of this presidential election could come from joint sessions of Congress that would read the elector slates on 3 Jan. 2021.
However, the makeup of that Congress would have to be re-done because those politicians were elected under US Inc. This municipal corporation doing business as the UNITED STATES, INC. had entered into bankruptcy by its owner, Pope Francis, on 24 Sept. 2015 - a Chapter 7 liquidation that ended on 5 Nov. 2020.
You cant elect a new President for a defunct corporation, said Anna Von Reitz. Whoever was elected President of the United States on 3 Nov. had nothing to preside over as of 5 Nov.
NESARA and GESARA could be announced and that freedom from debt would change the world. When you announce NESARA you would have to have a new election within 120 days.
President Trump before his inauguration in January 2021, he should announce the new government and the new Republic. Then the military takes over, in a 120 - day period and in a temporary capacity, that all elected positions in the government will have to run again after 120 days.
Sources: www.paulstramer.net, beforeitsnews.com, inteldinarchronicles
Millions back to UK taxpayerGraham Smith, the CEO of Republic, told Express.co.uk that the Queen and Prince of Wales are two of the most expensive members of the Royal Family. Republic is an organisation that campaigns for the abolishment of the monarchy and for Queen Elizabeth II to be replaced by an independent, democratic Head of State.
Queen and Charles ordered to pay back millions to UK taxpayer amid fury over monarchy cost.
US Mint Temporarily Closes, new coin imagesLook at the date of the closing of the mint. This announcement was for public tours but when banks tried to order coins - they have been told the mint is closed.
View of new 2020 $1 coins being minted:
They don't look like anything we've seen before. These coins started in 2018 ... could this be in preparation for NESARA?
Think about this - paper money is easy to reprint, but coinage has to be minted... could it be that the mint was closed to re-tool and prepare to mint new coinage? Could it be that coins have been short due to the need for the metal to re-produce coinage?
There is a lot of stuff being blamed on the Virus - is the coin shortage really due to COVID??