Trump is enacting NESARA sections by executive orders
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News Date: August 6, 2020
Trump notified his staff to continue working on an Executive Order with respect to Payroll Tax Cut, Eviction Protections, Unemployment Extensions, and Student Loan Repayment Options.
If Democrats will not make a deal, President Donald Trump will pursue executive action in order to extend economic relief for the American people.
Payroll Tax Cut
Eviction Protections
Unemployment Extensions
Student Loan Repayment Options
Economic relief for American people
Sources:twitter.com/realDonaldTrump, twitter.com/WhiteHouse
IMF Debt forgiveness for 25 poorest countries
IMF Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to help address the impact of the COVID-19 pandemic.Source:imf.org
Quantum computing finance shining in the Wall Street
The quantum computing is the latest shiny new thing of Wall Street. A fundamentally new kind of computing will shake up finance - the question is when...Simple algorithms could be in use within 18 months, with credit-scoring a plausible early application.
For many problems, a quantum computer with thousands of stable qubits is provably far faster than any non-quantum machine that could ever be built.
Sources: www.multiversecomputing.com, www.economist.com
US Jobs Data could Trouble the Market
Goldman: The Market's Reaction To The Jobs Report Means Brace For A Stubborn Grind Higher In September.Unusually large U.S. jobs number stokes case for 'unusually large' rate hike.
Friday's 'Great' Jobs Number Could Spell Trouble For The Market.
'Great' US Jobs Data Make Case for Bigger Fed Rate Increases.
Bond markets complicate Fed decision after jobs report.
There is a probability of a 0.75% move in September, a noticeable change from the 0.50% move markets were pricing prior to Friday's jobs report.
Sources: substack, finance.yahoo
De-dollarization movement started
Russian Foreign Minister Sergey Lavrov has expressed confidence in the ongoing momentum toward the de-dollarization of the global economy, a movement supported by several nations.Officials from Iran, Venezuela, and Ethiopia have shown a willingness to adopt Russia's Mir payment system without hesitation.
Moreover, these countries envision a seamless transition toward their de-dollarization objectives in the foreseeable future, as indicated by their respective officials.
'De-dollarization has begun, both in practice and in conceptual speeches', Lavrov stated during the latest assembly of Russia's Council on Foreign and Defense Policy think tank.
Congressional Sound Money Caucus
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


