Iraq to Regain Control of Its Own currency
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News Date: December 12, 2021
Washington stops the automatic deduction from Iraqi oil revenues to compensate Kuwait.
The Chairman of the Committee of Financial Experts, Abdul Basit Turki, revealed, Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation.
Turki called for the Ministry of Foreign Affairs and the concerned authorities to move to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely.
With Chapter 7 Lifted, Iraq Regains Control of Its Own currency, oil, and economy.
Source: search4dinar.wordpress.com
Gold is real money, store of value, alternative to cash
Schiff: Because I think they are also underestimating just how much inflation global central banks are going to create - in particular the Federal Reserve - and how much value the US dollar is going to lose against other fiat currencies, but in particular against real money, which is gold.I don't even look at gold bullion as an investment. I look at it as a store of value - as an alternative to cash.
I think gold is going to make a much bigger rise against these fiat currencies. But as an investment, I think investors should be at gold mining stocks. Fed is not winning a long-term game. They continue to print money, devalue the currency, and continue to essentially run the American currency into the ground.
Peter responded saying that just because blockchain technology has value doesn't mean bitcoin itself does.
Sources:www.zerohedge.com
Crop circles are models for generating free energy
One Italian inventor, Umberto Baudo, believes crop circles may be meant to impart secrets of new technology and free energy to humanity.Source:ancient-code.com
Central Bank digital currencies Competition
China CBDC Pilot Program Beats West to the Punch.Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau.
Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies.
Source:www.securities.io, www.forbes.com
International banking alliance using Ripple
National Australia Bank (NAB) has signed agreements with two leading global financial institutions:- Israel's Bank Leumi;
- The Canadian Imperial Bank of Commerce (CIBC);
- to form an international banking innovation alliance.
It is partnering with the alliance using Ripple's blockchain network technology.
NAB is one of Australia's major 4 banks and forms an international bank innovation network.
Source: news.nab.com.au
Waller confirmed to Fed Board. WH supports Shelton
By a completely partisan vote of 48 to 47 (though Rand Paul voted against), The Senate confirmed Trump nominee Christopher Waller to the Federal Reserve Board of Governors - filling one of the two vacant slots on the influential economic body.The White House remains confident that Ms. Shelton will be confirmed and is fully supportive of her candidacy, a White House spokesman said Thursday.
Her beliefs:
- eliminating the Feds independence and federal deposit insurance
- returning the U.S. to a gold standard
Sources: www.forexlive.com, www.zerohedge.com