Russia plans a digital golden ruble

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News Date: January 23, 2022

Russia may allow gold-backed stablecoins under government control according to lawmakers.
The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining.
According to a report by the Central Bank of Russia, the nation's central bank gold holdings surpassed its dollar reserves for the first time in its history, with gold making up 23% of total reserves as of the end of June and dollar assets dropping to 22%.
Source: bitcoin.com

Judy Shelton's Vision for a Gold-Backed Treasury Bond

May 9, 2025: FoxBusiness introduces the "dollar reset" idea promoted by monetary economist and former Trump advisor Judy Shelton, who received some positive feedback from Trump allies and business leaders like Larry Kudlow and Steve Forbes. Her proposal? A 50-year gold-backed bond to be issued on July 4, 2026 — anchoring the dollar to real value as a symbol of financial sovereignty.
November 27, 2024: Renowned economist and advocate of the gold standard, Judy Shelton, has once again brought the conversation on sound money to the forefront.
In a recent post on X, formerly Twitter, she posed a thought-provoking question:
"Why don't we use our gold as collateral for a new Treasury debt instrument?"
Shelton has proposed an innovative mechanism for reintroducing the gold standard - a 50-year Treasury bond convertible into gold, to be issued on July 4, 2026, under the initiative of President Donald Trump.
This move, she argues, could symbolize a return to fiscal discipline and monetary stability, aligning with the principles of America's founding.
A former economic advisor to President Trump, Shelton has been a vocal critic of the Federal Reserve and its monetary policies.
Her latest book, Good as Gold: How to Unleash the Power of Sound Money, delves into the historical and practical benefits of a gold-backed monetary system, highlighting its potential to curb inflation, stabilize currencies, and restore trust in the U.S. dollar.

Iran is interested in a unified currency with BRICS

Iran's Deputy Foreign Minister, Mahdi Safari, expressed interest on January 3 in creating a unified currency with BRICS nations, aiming to establish Tehran as a key banking center for the group.
Safari also praised the New Development Bank, established by BRICS in 2014, for its role in supporting joint projects and international cooperation among member states.
"We are interested in creating a unified currency in the BRICS group, and this could be very effective.
By using national currencies, the process of eliminating the use of the dollar in commercial exchanges begins, and we are interested in continuing this process," Safari stated in an interview with Sputnik.

Australian PM plans tax cuts

Prime Minister Anthony Albanese has announced plans to introduce legislation next week, promising tax cuts for every Australian taxpayer.
He emphasizes the urgency of passing the legislation promptly to facilitate a smooth transition for both employers and the tax office.
"This is legislation which will give every taxpayer a tax cut and it should receive the support of every parliamentarian," he told ABC's Insiders on Sunday.

All Joint Chiefs of Staff appointed by Trump still in position

Every current member of the Joint Chiefs of Staff was appointed by Trump during his time in office.
Still here.
Not one has been removed in the new administration.
No additional comments...
Sources: wikipedia.org, twitter.com

Zimbabwe interested in SWIFT alternatives

The Zimbabwean government would like to become a member of the BRICS economic bloc, the speaker of the ruling party ZANU-PF said on Wednesday.
"We made it clear that we would like to become a member of the BRICS," Christopher Mutsvangwa told Russia's RIA Novosti news agency.
The official added that his country is interested in developing alternatives to the Western-dominated SWIFT payment network.
In his view, BRICS could contribute to that.