BRICS Considers a global Stablecoin
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Date: April 23, 2024
BRICS nations are considering a stablecoin for international trade settlements.
Sergei Ryabkov, Russia's Deputy Foreign Minister, hails this move as groundbreaking.
He also states that BRICS is also exploring a platform for digital payments.
Ryabkov: "BRICS is moving forward, creating an important precedent."
Russia has also hinted at issuing a gold-backed stablecoin.
With member nations amassing gold reserves, the idea gains traction.
Fiat destruction. Crypto or gold?
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view.The final solution is bound to be with central banks and government treasury departments retaining their control as issuers of money by the only means at their disposal: deploying their gold reserves to back their currencies, not as fiat, but as credible gold substitutes.
The crypto cohort is likely to have an important effect, in that it sparks an early realization in a growing part of the wider population about what government is doing with money. That is likely to speed up the collapse of fiat currencies compared to what would otherwise occur.
The flexibility in the supply of monetary gold and the stability of prices allows the original rate of interest to be both low and stable. It allows entrepreneurs to do business calculations with a high degree of certainty, knowing in terms of goods the value of money. And savers, who provide the monetary capital for future production can be confident of the future capital value of their savings when lending them for business investment purposes.
Sources: kingworldnews.com, www.zerohedge.com
20 countries apply to join BRICS
According to Sergey Ryabkov, the deputy foreign minister of Russia, there are currently about 20 countries applying for membership in the BRICS, and that number is only increasing."I can say that, in our view, the Arab world and the Asia-Pacific region have been clearly 'begging' to join BRICS, as they have no representation there today.
But we will see exactly what we can offer to the leaders regarding this, and leave this to the leaders to decide at the summit in Johannesburg," he concluded.
source:Tass Agency
The Solar Eclipse on June is a New Moon Eclipse. New Earth Era
The Solar Eclipse on June 20th - 21st is a New Moon Eclipse, and is right on the Solstice and marks a time of major transformation!There is a huge opening for the breakthroughs and answers to start coming to help us through this challenging time.
Earth is currently sitting at the dawn of a New Earth Era, on the brink of an epic shift toward a Universal Humanity.
We can use the gift of this moment to transform ourselves both personally, planetarily & cosmically as we awaken to our inherent 5D divinity.
Sources:universallifetools.com, youtube.com
Gold rush. Welcome to the era of gold!
Gold, silver coin demand surging, straining U.S. Mint capacity.The US Mint is limiting the distribution of its gold, silver, and platinum coins to specific dealers because of heavy demand, and a limited number of suppliers of metals.
Unprecedented silver demand forcing bullion deals to stop taking orders before the market opens.
After creating massive short-squeezes in stocks like Gamestop, Blackberry, and AMC, retail investors mobilized over social media started to focus on the silver market.
Sources: www.reuters.com, www.kitco.com
The World toward a multi-currency system
Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.Russia, for example, can take its energy profits and Rubles to purchase the currencies of friendly countries like China, India, and Turkey to rebuild its reserves outside of the USD.
The old world is slowly but surely turning irreversibly away from a USD-dominated currency system toward a multi-currency and multi-FX pricing model.
Source: goldswitzerland.com