Congressional Sound Money Caucus

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News Date: August 16,2020

As you can see, the supply of dollars has gone up dramatically, really since the gold standard ended in 1971. It is a gradual slope.
But if you see since the recession, it has been aggressive. And then, obviously, here, this year, it has been nearly vertical.
The value of the dollar is critical. That is the store of value for all Americans.
According to Congressman Davidson's office, the caucus exists to promote sound fiscal and monetary policy in the United States with the goal of preserving the purchasing power of the U.S. Federal Reserve Note.
Source:www.congress.gov

Egypt to trade in local currencies with BRICS

Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies. Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
"Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China," Egyptian Supply Minister Ali Moselhy told Reuters.
Last year, Egypt formally applied to join BRICS and the SCO.

Stellar reveals Financial Inclusion report

Stellar Development Foundation (SDF) released a whitepaper discussing the role of blockchain technology in facilitating financial inclusion.
The whitepaper underscores the significance of financial services access for global financial inclusion, particularly in developing economies.
Despite advancements in digital payments, cash remains prevalent in emerging economies. Many unbanked adults still receive government and private-sector payments in cash, impacting financial inclusion.
It emphasizes digital payments as a pivotal entry point to formal economic participation. Despite the persistence of cash usage, transitioning to digital payments can encourage broader use of financial services.
The paper delves into the hurdles of cross-border payments and highlights blockchain's potential to address these challenges. It showcases blockchain's role in enabling secure, cost-effective transactions.
Additionally, it presents various applications of blockchain, such as facilitating cash-to-digital asset conversions, safeguarding against currency devaluation, and supporting humanitarian aid distribution.
While recognizing blockchain's promise for financial inclusion, the document emphasizes the necessity of balancing innovation with consumer protection, privacy, and financial education to ensure the creation of inclusive and secure financial systems.
Full report: stellar.org

Google Gesara interest over times

Google Trends Explores what the world is searching over times.
It provides access to a largely unfiltered sample of actual search requests made to Google. It's anonymized, categorized and aggregated. This allows us to display interest in a particular topic from around the globe or down to city-level geography.
For example entering the keyword "gesara" in the Explore bar, it results an ascending curve:
Example:trends.google.com

Trump to Unveil Government Overhaul to Congress

March 4, 2025:
President Trump declared 'America is back,' touting executive orders, federal cuts via Elon Musk's DOGE, and policies like tariffs and tax cuts.
Trump: 'We're seeking permanent income tax cuts all across the board.'
He briefly addressed Ukraine, claiming higher U.S. spending than Europe, citing Zelenskyy's peace talk offer, and noting Russia's signals for peace, while omitting his recent aid pause to Kyiv.
March 3, 2025:
President Donald Trump will address Congress Tuesday at 9:00 pm EST, unveiling his vision to radically reshape the federal government and U.S. foreign policy.
Trump promised on Truth Social, "TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS!"
Details are scarce, but a major overhaul is expected. Stay tuned.

Iran, Russia planing the token of the Persian Gulf backed by gold

Iran and Russia want to issue a new stablecoin backed by gold.
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
The "token of the Persian Gulf region" would serve as a payment method in foreign trade.
Sources: cointelegraph.com