Bank Of England: Cash Is Trash
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News Date: August 11, 2022
Last week the U.K. Bank of England raised interest rates to 1.75%.
This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care much.
The 1 yen coin used to be gold, it is now aluminum.
The yen never recovered from its periods of inflation, but Japan's economy did and huge wealth was created, so in the end in periods of inflation, cash is trash.
Sources: forbes.com
White House illuminated in purple and gold
On Wednesday, August 26, the White House was illuminated in purple and gold to celebrate the centennial anniversary of the 19th Amendment and honor the women who fought for the right to vote!Gold = Nesara & Gesara
Silver = Light
Purple = Equality of color, race, gender.
Source:twitter.com/WhiteHouse
ISO 20022 implementation for Fedwire Funds Service
The FederalReserve Board of Governors is seeking industry feedback by December 11 on a revised plan to implement ISO 20022 message format for the Fedwire Funds Service.Recently, the Federal Reserve Banks announced the message specifications for the FedNow Service. While both the Fedwire Funds Service and the FedNow Service plan to use ISO 20022 messages, the implementations of the ISO 20022 standard for these services are separate initiatives.
Sources: www.frbservices.org, gesara.news
US Sanctions Risking systemic collapse
Russia could ask for rubles or gold in exchange for energy. If that occurred Europe would have little choice. The real leverage in the Petrodollar system is on the 'petro' side.It will be interesting to see how this develops. If energy payments begin moving outside of the SWIFT system, then the Petrodollar will be severely damaged.
Regardless, it's going to be disruptive and we're going to see additional problems. Very likely we will see further money printing and more stagflation.
The United States' attempts to simultaneously take on both Russia and China is a bad idea. We're forcing the two of them together while Europe is trying to play both sides. This situation will end with China and Russia gaining status.
Russian citizens have also been buying gold. This crisis will hurt their citizens, but this isn't Russia's first rodeo. The fact that Putin has done this either means he's lost his mind or he has a plan and found a window of opportunity.
We could see serious spillover effects on bonds and real yields.
The United States can't afford higher rates, and they can't remove Russia's oil without destroying their own markets.
We could see big changes should Russia use their gold as leverage. Possible scenarios that could occur should gold be revalued.
Source: youtube.com
The dawn of the no-tax era?
On Tax Day, bold ideas are making waves:Trump suggested tariffs could replace income tax and promised, “The USA will PROTECT OUR FARMERS!”
Congressman Byron Donalds echoed reform, calling to repeal the 16th Amendment and follow Florida’s no-income-tax model.
Interestingly, the roots of tax reform trace back to NESARA, first proposed by visionary farmers.
Meanwhile, the IRS CIO just resigned, the agency plans to cut 40% of its workforce, and many Americans are still eligible for $1,400 stimulus checks.
White House is green. The endgame
St. Patrick was good. The white house is green. Know what I mean?Is it GO TIME for the ENDGAME (last stage) and time for the traitors.
This is about Revelation. The Beast to be exposed!
Sources: www.youtube.com