Elon Musk: ending the FED is necessary

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Date: October 30, 2024

November 1 update:
A new exchange of lines between Elon Musk and Ron Paul regarding cutting spending:
Elon Musk: Would be great to have Ron Paul as part of the Department of Government Efficiency!
Ron Paul: I'd be happy to talk with you about it, Elon.
October 30, 2024:
Elon Musk has publicly supported former Congressman Ron Paul's call to abolish the Federal Reserve.
In a recent post on X, Paul criticized large-budget government spending, singling out the military-industrial and pharmaceutical complexes as "big welfare recipients."
He suggested a $2 trillion budget cut, finishing with the bold proposal to "End the Fed."
Musk replied simply: "Needs to be done."
Musk's endorsement has sparked renewed debate over central banking, with many speculating if this might signal his support for decentralized financial models like cryptocurrency.

G-24 calls for debt relief for developing countries

The G-24, a group of 28 member countries including China, is strongly advocating for sustainable debt relief measures for low-income nations due to their concerns over escalating, unsustainable public debt burdens.
They conveyed this message during the 2023 Annual Meetings of the World Bank Group and the International Monetary Fund on October 10.
The G-24's core mission is to coordinate and amplify the voices of developing countries on monetary and development issues, underscoring their commitment to global economic stability and the well-being of vulnerable nations.

Russia Proposes SWIFT-like System for BRICS

Russia is advocating for BRICS countries to develop their own financial messaging system, similar to SWIFT, to reduce reliance on Western institutions and boost financial autonomy.
Deputy Chairman Alexander Babakov stated this system would allow secure, independent transactions via state-owned banks, support African development, and reduce neocolonial influences.
Integrating with national infrastructures and using advanced cybersecurity, the system would lower transaction costs, speed up capital turnover, and improve liquidity, benefiting international trade.
"The creation of a financial messaging system similar to SWIFT will help create a new economic reality for the BRICS countries," Babakov said.
Source: TASS.

Trump:The biggest thing that nobody knows about on January 1st

Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years.
"This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com

DOGE-NESARA Connections

November 28, 2024 update:
Elon Musk says the Department of Government Efficiency will audit the IRS.
Older news:
This post explores the reforms proposed by the Department of Government Efficiency (DOGE) in connection with NESARA.
The Department of Government Efficiency is a proposed United States presidential advisory commission announced by Donald Trump.
Elon Musk and Vivek Ramaswamy have been named as key figures in charge of the initiative.
They have directly discussed plans to eliminate entities such as the Internal Revenue Service (IRS) through Executive Order.
During his 2023 campaign, Ramaswamy also proposed reducing the Federal Reserve's staff by 90% and introducing a commodity-backed currency modeled after the BRICS framework.
The Wall Street Journal posted that Trump Treasury pick Scott Bessent to prioritize tax cuts.
Elon Musk posted that ending the FED is necessary following the online initiatives of Ron Paul regarding the Federal Reserve.

Trump’s Treasury Chief Guides the Global Financial Reset

May 7, 2025: Treasury Sec. Scott Bessent at House Financial Services Committee: 'We believe the US should be the premier destination for digital assets. Digital assets are an important source of innovation that can drive usage of the U.S. dollar around the world with stablecoin legislation'
Also announced China trade negotiations start Saturday without Navarro, expecting tariff reductions & action on currency manipulation.
April 22, 2025: imf.org - The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to emerge.
April 23, 2025: Treasury Secretary Scott Bessent announced that the Trump administration will push for reforms at the IMF and World Bank to create a more sustainable global economic system, rather than withdrawing from these institutions.
Speaking at the IMF and World Bank spring meetings, Bessent emphasized stronger U.S. leadership and major institutional changes to restore balance to the global financial system. He criticized the IMF for focusing on climate, gender, and social issues while neglecting accountability for economic reforms in borrowing countries. Bessent stressed that the U.S. seeks to enhance its role in these organizations, provided they adhere to their core missions.