A Monetary System as Good as Gold
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News Date: July 16, 2020
The gold standard provides a better anchor for inflation expectations without an obvious cost in terms of lower output or higher unemployment.
The gold standard isn't perfect. No system is. But it has many virtues. A strong case can be made that it's the best of all feasible institutional alternatives. Lawrence White, puts it: The gold standard is still the gold standard among monetary systems.
Source: www.aier.org
XRP the Ripple force in the Federal Reserve projects
Fed Faster Payments Task Force gives Ripple vote of confidence for next gen of global payments.Ripple's Executive Elected to Fed's Faster payments Task Force.
The desired outcomes focused on speed, security, efficiency, cross border payments, and industry collaboration.
Source:ripple.com
Russia is working on stablecoin pegged to gold
Russian gov't working on stablecoin settlement platform between friendly nations.Russia's Finance Ministry has reportedly begun working with the governments of 'friendly' nations to establish a cross-border stablecoin-based payments platform.
'Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved,' said Alexey Moiseev.
Sources: cointelegraph.com
Bank Collapse In China! Preparing For Cut Off From SWIFT
Chinese banks will be sanctioned by the United States and this means that they will be cut from accessing some privileges in the financial world.If China will be cut out of the SWIFT or denied access to US dollars, bank runs will be the new normal in China and the Chinese economy will suffer permanent damage.
Source: www.youtube.com
American Sovereignty Restoration Bill
H.R.204 - American Sovereignty Restoration Act of 2019:This bill directs the President to terminate U.S. membership in the United Nations (U.N.) and all affiliated bodies. It also ends U.S. participation in all U.N. conventions and agreements.
Funds may be appropriated to facilitate U.S. withdrawal from the U.N. No funds may be made available for contribution to or paid to any U.N. body. No member of the U.S. Armed Forces may serve under U.N. command, and no funds may be used to support Armed Forces participation in U.N. military operations.
President Donald Trump spoke to the 74th session of the United Nations General Assembly. He said "The future does not belong to globalists, the future belongs to patriots."
Sources:www.congress.gov, www.youtube.com
Huge NESARA vows in Trumps tweets
President Donald Trump tweets on October 05, 2020:BIGGEST TAX CUT EVER, AND ANOTHER ONE COMING.
MASSIVE REGULATION CUTS.
BETTER & CHEAPER HEALTHCARE.
PEACE THROUGH STRENGTH (BRING OUR SOLDIERS HOME).
PRO LIFE!
SPACE FORCE.
Sources:twitter.com, www.foxbusiness.com