The end of monarchy

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News Date: September 23, 2020

Queen Elizabeth II has been told that the writing is on the wall for the monarchy and that all members of the Royal Family should renounce their titles.
Barbados plans to remove the Queen as head of state without a referendum.
Canada could follow Barbados in ditching the Queen as their head of state and become a republic.
Sources:www.express.co.uk, www.express.co.uk

Gold is the future as inflation coming in hot

Federal Reserve Chairman Jerome Powell keeps telling us not to worry about rising prices, assuring us that any increase in price inflation is transitory. It appears most of the mainstream is buying this hook line and sinker.
The collapse of fiat currencies will demolish the state theory of money, and not for the first time. Irrespective of how long it takes, the rapid loss of fiat currencies purchasing power means that governments will no longer be able to finance their obligations. There will, therefore, come a point where fiat money must be abandoned in the search for monetary stability. The demise of fiat is the demise of state money and the function of its replacement will be to restore public trust.
The replacement money can only be based on something in governments possession. And either in their treasury departments or central banks, other than each others fiat they only possess gold in their monetary reserves.
Sources: kingworldnews.com, schiffgold.com

Mutual payment systems recognition for Russia and India

Indian banks may start accepting Mir payment cards.
Russia and India are planning to recognize each other's payment systems.
The issue of mutual recognition of RuPay and Mir was discussed during the recent visit of India's National Security Adviser Ajit Doval to Moscow.
Among other things, the possibility of active use of national currencies in bilateral trade was also considered.
Source: tvbrics.com

Iraq is working on issuing a digital currency and deleting zeros from the dinar

Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere.
The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, said on Tuesday that the bank is working on issuing digital currency to keep pace with the development of monetary transactions in the region and the world, stressing that deleting zeros from the local currency requires a calm economic atmosphere for that.
Sources: search4dinar

Banking for All Act

S.3571 - Banking for All Act
To require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.
Member banks shall open and maintain pass-through digital dollar wallets for all persons, including persons eligible to receive payments from the United States pursuant to a Federal law relating to the coronavirus disease 2019 (COVID-19), who elect to deposit funds into pass-through digital dollar wallets.
Source:www.congress.gov

Supreme Court could hit the tax system

The Supreme Court's decision to hear a pivotal tax case has profound implications for the future of the U.S. tax system.
At stake is the constitutionality of a proposed wealth tax, which could address economic disparities or dismantle key aspects of the existing tax framework.
A favorable ruling may promote social equity, while an adverse outcome could preserve individual economic freedom.
The case underscores the delicate balance between economic growth and fairness, making it a crucial moment in the nation's fiscal history with far-reaching implications.
The Supreme Court is expected to issue a decision by June 2024.