FED will adopt ISO 20022 message format
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News Date: October 5, 2021
Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service and invites public comment on proposal to expedite adoption.
The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
The change will allow for enhanced efficiency of both domestic and cross-border payments, and a richer set of payment data that may help banks and other entities comply with sanctions and anti-money laundering requirements.
Sources: www.federalreserve.gov
What is the devolution?
Devolution is fundamental and part of the governments top-secret continuity of government plans.Devolution: transference (as of rights, powers, property, or responsibility) to another especially, the surrender of powers to local authorities by a central government.
The Devolution PLAN involved secret operations of replacing politicians, senior key officials, high-ranking Generals, Admirals, and officers.
Sources: usamagazinestudio.com
Switching to gold standard
Deutsche Bank's top credit strategist Jim Reid has described himself as "a gold bug," and reckons "fiat money is a passing fad in the history of money," RT's Keiser Report recalls for the show's viewers.Sources:www.youtube.com
Trump's Operation Strategy Makes Sense Now
Donald Trump's latest tariff strategy is unfolding like a high-stakes chess game, and the pieces are falling into place just as some predicted. What began as a bold threat is now revealing its deeper intent: a calculated "operation" to reshape global trade dynamics and flex American economic muscle. In a recent video, I hinted this was coming-and here we are.Nations are starting to buckle under the pressure. Several have already waved the white flag, scrambling to the negotiation table to avoid the sting of Trump's tariffs. India, for one, is mulling over slashing tariffs on more than half of its $23 billion in U.S. imports-a massive pivot that signals the operation's early success. Even Russia finds itself in the mix, with Trump holding off on tariffs as peace talks gain traction, hinting at a broader geopolitical play.
Not everyone's ready to fold, though. Some countries are digging in their heels, resisting the tariff onslaught. But mark my words: their surrender feels inevitable. The old guard-those entrenched elites who've long profited from the status quo-are getting a rude awakening. Billions are being shaken loose from their grip, and the system they've clung to is trembling.
The public's taking notice, too. A recent survey shows Trump's popularity surging amid the tariff panic, as his brash approach resonates with a growing base. His message is loud and clear: "ONLY THE WEAK WILL FAIL!" It's vintage Trump-unapologetic, unrelenting, and, for now, effective.
So, with the board still in play, here's the takeaway: Stay strong. Stay safe. This operation's just getting started.
Trump middle-class tax cuts benefit confirmed
Despite what media and Dems say, Trump's tax cuts benefited the Middle Class the most according to IRS data.Most middle-income and working-class earners enjoyed a tax cut that was at least double the size of tax cuts received by households earning $1 million or more.
The Tax reform provided the greatest benefits for the middle-income class and spurred economic growth that helped reduce poverty and improve prosperity.
Source: thehill.com
Ripple Patent and Standard Outshines Swift
Blockchain payments technology firm Ripple has won a patent for a design that can execute smart contracts based on data collected from the outside world.That means it Can Settle Derivatives And Oil Contracts.
Cross-border payments network Ripple (XRP) also announced in May that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT).
Sources:gesara.news, www.coindesk.com


