Judy Shelton for Fed board, return to the gold standard
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News Date: July 12, 2020
Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com
Payroll Tax Cut
President Trump said Wednesday that he has the absolute right to suspend payroll tax collections without the approval of Congress.The president has considered issuing an executive order suspending evictions and payroll cuts.
Source 1:www.foxbusiness.com/
President Trump recent tweeted Payroll Tax Cut plus Dollars!
Source 2:twitter.com
Also, in march 2020, Trump proposed eliminating payroll tax through the end of the year.
Source 3:www.nbcnews.com
The End of the Dollar Empire
Gazprom says it has signed a deal for China to pay for Russian gas in national currencies.Russia's Gazprom said on Tuesday it had signed an agreement to start switching payments for Russia's gas supplies to China to yuan and roubles instead of dollars.
Sources: reuters.com
Gold & Silver Will Be Unstoppable
The escape from failing fiat will lead to rising nominal interest rates, with all the consequences which that entails. The inevitable outcome is a flight to commodities, including gold and silver, despite rising interest rates for fiat money.The gold standard of the nineteenth century and is easily explained: within a confined money total such as that of monetary gold, an increase in the quantity of goods and services taking place can only be accommodated by a decline in the general level of prices. Put another way, the purchasing power of sound money, a money whose quantity is not inflated, always rises over time.
Sources:kingworldnews.com
US treasury dollar on the US Debt Clock
No more federal reserve note on USDebtClock.org. Now called US treasury dollar.The U.S. Debt Clock no longer shows the Federal Reserve Note.
It's now three U.S. Treasury Dollar. Dollar to gold ratio and Dollar to silver ratio is still zero.
The Gold Standard Monetary Reset
Did Russia Intentionally Trigger A Monetary System Reset?Russian central bank to restart buying gold from banks will pay fixed price from March 28.
Russia Central Bank Announces Ruble Bound to Gold! 5000 Rubles per Gram.
By pegging gold to the ruble, Russia has just wiped out the dollar's clout from the world markets.
Moscow Will Consider Bitcoin, Gold, and Ruble Payments for Natural Gas.
Lavrov pushes for more active Russia-India-China cooperation, calls it 'Troika'.
Iran wants to trade with Russia in national currencies.
Lavrov: Russia, China Moving Towards Multipolar 'Fair World Order'.
Source: tfiglobalnews.com, youtube.com