Emergency Alert System reminder

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News Date: January 7, 2021

The US Federal Communications Commission, Enforcement Bureau, Reminds EAS Participants of Compliance Obligations.
FCC issues enforcement advisory reminding Emergency Alert System participants of compliance obligations, including ensuring alerts are accessible to people with disabilities.
The storm is upon us. We are ready now!
Details: www.fcc.gov

Bank Of England: Cash Is Trash

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

Donald Trump vows big tax cuts again

February 6, 2025:
Treasury Secretary Scott Bessent calls for Trump's tax cuts package from 2017 to be extended permanently before their expiration this year, rather than a temporary extension.
October 24 update:
Wall Street Journal: Trump Treasury pick Scott Bessent to prioritize tax cuts.
Older news:
Donald Trump promised big tax cuts for all Americans if elected president, while discussing a range of economic strategies during a large rally held in New Jersey on May 11th.
"Instead of a Biden tax hike, I'll give you a Trump middle class, lower class, business class, big tax cut. You're gonna have the biggest tax cut.", he stated.

The Gold Standard Restoration Act in the House

Rep. Alex Mooney addressed the House on the Gold Standard Restoration Act:
'My bill would return the U.S. to the gold standard, protect against Washington's irresponsible spending habits and the creation of money out of thin air.
Prices would be shaped by economics rather than the instincts of bureaucrats.
No longer would our economy be at the mercy of the Federal Reserve and reckless Washington spenders', Alex Mooney said.
Sources: twitter.com

BRICS Confirms the Gold Standard

At the upcoming BRICS summit in October in Kazan, tools for an inclusive international financial system will be discussed, according to Andrey Mikhailishin, head of the financial services task force of the BRICS Business Council, in a statement to TASS.
Key projects include a common unit of account (Unit), a platform for international digital currency settlements (Bridge), a payment system (Pay), a settlement depository (Clear), an insurance system (Insurance), and a rating alliance.
The new system aims to decentralize international cooperation and leverage digital technologies.
The Unit will be linked 40% to gold and 60% to a basket of BRICS national currencies, addressing exchange rate volatility.

Prepaid Debit Cards, Digital Dollars To Each American

Unprecedented Monetary Overhaul: Cleveland Fed president Loretta Mester Hints Fed Is Preparing To Deposit Digital Dollars Directly To Each American.
If anyone has actually been paying attention. This was announced months ago. Trump debit cards on the way!
Treasury Secretary Steve Mnuchin shows the new prepaid debit card that will be sent to Americans receiving coronavirus relief.
Sources:www.youtube.com, www.zerohedge.com