Gold Standard Act Approved on March 14, 1900
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News Date: March 14, 2022
President McKinley signs Gold Standard Act, March 14, 1900.
122 years ago today, President William McKinley signed the Gold Standard Act, which established gold as the sole basis for redeeming paper currency.
The act halted the practice of bimetallism, which had allowed silver to also serve as a monetary standard.
It set the value of gold at $20.67 an ounce and valued the dollar at 25.8 grains of gold.
The act guaranteed that the government would redeem any amount of paper money for its value in gold, and it meant that transactions no longer had to be done with heavy gold bullion or coins because the paper currency had a guaranteed value tied to something real.
Source: www.thebalance.com
Ramaswamy supports Trump and commodity-backed currency
Billionaire entrepreneur Vivek Ramaswamy claims BRICS is developing a gold-backed currency to replace the U.S. dollar as the world's primary reserve currency."This is a major problem for the United States.
This would permanently increase our borrowing cost if the dollar is no longer the established reserve currency of the world.
So yes, actually, that does matter. The right way to deal with it, though, is not to try to swat that down, but increase the value proposition of the dollar itself by pegging the dollar to hard commodities," he stated in a press conference.
Vivek Ramaswamy dropped out of the presidential race and endorsed Donald Trump. Known for supporting currencies backed by commodities, his alliance with Trump suggests a shared vision for economic stability and challenges to traditional fiat systems.
SWISSINDO cult claims return of $6m gold share for each of 7.6 billion people
SWISSINDO cult pretends NESARA GESARA law is hidden for 20 years, your $6 million equal gold share of SWISSINDO is stolen for 10 yrs.The law is applied to the equal share of gold under international law to honor humanity with prosperity.
Source:allto1.webs.com/www-swissindo
Ripple's Xumm Banking App Will Soon Be Ready for Mass Adoption
On behalf of Ripple, XRPL Labs has developed the banking app Xumm, which is based on the bridge currency XRP and should offer the same extensive functions as a bank account. The app works completely without third parties such as banks or other financial institutions and offers cross-border transactions in real-time.Source:coinspeaker.com
White House is green. The endgame
St. Patrick was good. The white house is green. Know what I mean?Is it GO TIME for the ENDGAME (last stage) and time for the traitors.
This is about Revelation. The Beast to be exposed!
Sources: www.youtube.com
Debt relief for middle-income countries
The President of the UN General Assembly advocates for debt relief for middle-income nations.Csaba Korosi, president of the UN General Assembly, called for debt relief and fair access to new technology for middle-income nations on Thursday.
He stated at a high-level meeting of the General Assembly on middle-income countries that the 110 middle-income countries, which make up roughly one-third of the global GDP and three-quarters of the world's population, are the main forces behind global development.