Lebanon Cancels Central Bank Debts, Which is next?
Gesara.news » News » Lebanon Cancels Central Bank Debts, Which is next?
News Date: May 26, 2022
Lebanon Recovery Plan Includes Central Bank Debt Write-Off, Haircuts to Depositors.
The government foresees canceling a large part of the central bank's foreign currency obligations to commercial banks.
The plan includes several measures that are prerequisites to unlock funds from a preliminary deal with the IMF agreed in April.
Sources: usnews.com
DOGE-NESARA Connections
November 28, 2024 update:Elon Musk says the Department of Government Efficiency will audit the IRS.
Older news:
This post explores the reforms proposed by the Department of Government Efficiency (DOGE) in connection with NESARA.
The Department of Government Efficiency is a proposed United States presidential advisory commission announced by Donald Trump.
Elon Musk and Vivek Ramaswamy have been named as key figures in charge of the initiative.
They have directly discussed plans to eliminate entities such as the Internal Revenue Service (IRS) through Executive Order.
During his 2023 campaign, Ramaswamy also proposed reducing the Federal Reserve's staff by 90% and introducing a commodity-backed currency modeled after the BRICS framework.
The Wall Street Journal posted that Trump Treasury pick Scott Bessent to prioritize tax cuts.
Elon Musk posted that ending the FED is necessary following the online initiatives of Ron Paul regarding the Federal Reserve.
Bank Of England: Cash Is Trash
Last week the U.K. Bank of England raised interest rates to 1.75%.This was meant to seem butch, but frankly 1.75% interest rates is historically the equivalent of zippo. The market didn't care much.
The 1 yen coin used to be gold, it is now aluminum.
The yen never recovered from its periods of inflation, but Japan's economy did and huge wealth was created, so in the end in periods of inflation, cash is trash.
Sources: forbes.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.
Trump: We will end the radicalism in Washington DC
Donald Trump Perry, Georgia Rally Speech September 25:With all of you in Georgia and conservative patriots all across the nation, we will end their reign of radicalism in Washington DC forever.
With a Republican Congress, we will fight for more jobs for Georgia families, fair trade for Georgia workers, and more Georgia factories forging more products stamped with that beautiful phrase Made in the USA.
You do not hear that too much. And you know, they are starting to say very strongly Merry Christmas.
Remember when I first ran, I said, you are going to say Merry Christmas.
They are all saying Merry Christmas again.
Full Rally Speech Transcript: www.rev.com
Judy Shelton is Right About the Gold Standard
Economist Peter Schiff expected that gold will resume its role in the global monetary system, that is, the countries of the world will return to the gold standard, and this is not strange in light of the economic crisis the world is witnessing.It is simply false to claim that the gold standard was a source of perpetual economic chaos, and that we are better off today without it. All things considered, the gold standard is "superior in some respects and no worse in others." Rather than a "barbarous relic," as John Maynard Keynes famously called it, the gold standard is an instrument for economic harmony and civilized commercial relations.
Source:www.saudi24news.com, www.aier.org


