Elon Musk: End The Fed

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Date: March 31, 2025

April 30, 2025: Elon Musk has called for a thorough investigation into the Federal Reserve's $2.5 billion renovation of its Washington, D.C. headquarters. He emphasized the need for transparency and accountability in all government spending, including that of the Federal Reserve.
March 31, 2025: Elon Musk rallied in Green Bay to back the Republican candidate in Wisconsin's state Supreme Court race. The billionaire handed out $1 million checks to voters following the court's decision not to intervene in the matter. Musk also seized the moment to promote DOGE, his proposed Department of Government Efficiency, slamming excessive government spending that he claims outpaces revenue. Calling to "end the Fed," Musk criticized the Federal Reserve, earning enthusiastic applause from the crowd.

Wisconsin ends sound money taxes

The Wisconsin Senate has passed Assembly Bill 29 to end sales tax on gold and silver purchases, following overwhelming support from the State Assembly.
Sponsored by Rep. Shae Sortwell, the bill aims to align Wisconsin with the majority of U.S. states and remove an outdated tax practice.
Advocates argue that taxing precious metals is illogical, inefficient, and unfair to investors, especially given the constitutional recognition of gold and silver as money.

Mississippi to Phase Out Income Tax Under New Law

Mississippi Governor Tate Reeves has officially signed a bill into law that sets the state on a path to phase out its income tax. The legislation, a major victory for conservative economic policy, aims to gradually reduce and eventually eliminate personal income tax in the state, making Mississippi one of the few states without such a levy.
Supporters argue that the move will attract businesses, boost economic growth, and put more money into the hands of residents. Opponents, however, warn that eliminating the tax could strain state revenues, potentially affecting funding for education, infrastructure, and public services.
Gov. Reeves hailed the decision as a step toward greater financial freedom, emphasizing Mississippi's commitment to lower taxes and a pro-business environment. The phase-out plan will occur over several years, with incremental reductions to ensure a smooth transition.
Mississippi now joins a growing number of states pursuing aggressive tax-cutting measures, reflecting a broader national debate over taxation and economic policy.

Gold's role in the Global Monetary Reset

Gold will play a big role in the coming global 'monetary reset'.
A global monetary reset is inevitable, as fiat currencies are being debased due to excessive money printing.
The U.S. dollar will be dethroned as the dominant global reserve currency by currencies backed by a basket of commodities including gold, according to Maxime Bernier, Founder and Leader of The People's Party of Canada.
An International reserve currency based on a basket of currencies is under consideration, Russian President Vladimir Putin said on June 22 at the BRICS Business Forum.
Sources: kitco.com

Digital Yuan for Cross-Border payments launched

In Hong Kong, the Bank of China is leading the push for widespread cross-border usage of the digital yuan.
From experimental programs to cutting-edge applications, they have advanced.
One such application allows guests from the mainland to add more money to their Octopus cards using digital yuan.
In a different development, PetroChina successfully executed the first global trade of crude oil using e-CNY, the digital currency of the Chinese central bank, with the intention of extending its use worldwide.
As of June, transactions on China's highly advanced CBDC had totaled 1.8 trillion yuan.

Russia-Turkey Switching to National Currencies statement

In Sochi, Erdogan met Putin to discuss the gas hub and grain deal.
Turkish President Recep Tayyip Erdogan's emphasis on switching to national currencies in bilateral trade during his discussions with Russian President Vladimir Putin signifies a notable shift in Turkey's economic and geopolitical strategy.
Erdogan: Switching to national currencies in bilateral trade is important.
The development of a natural gas hub within Turkey dovetails with this shift in economic strategy.
Putin also stated that Russia will soon deliver free grain to Africa.