Philadelphia FED researchers suggest gold standard

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News Date: March 26, 2024

Researchers at the Federal Reserve Bank of Philadelphia say switching to the gold standard could stabilize prices.
In their February working paper, researchers at the Federal Reserve Bank of Philadelphia suggest that adopting a gold standard could lead to long-term price stability.
Jesus Fernandez-Villaverde and Daniel Sanches argue that inflation and deflation would become temporary events in a hypothetical small open economy operating under the gold standard.
> Centralbanking

Russia is increasing its reserves with safe assets

According to the head of the central bank, Russia is increasing its reserves with assets that the West cannot sanction.
Elvira Nabiullina, the governor of the Russian Central Bank, stated on Tuesday that Russia is increasing its foreign reserves using assets that are immune to Western sanctions.
The central bank has previously stated that it believes that cash-held foreign currency, gold, and the Chinese yuan are safe.

Saudi Arabia joins SCO

Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow.
Saudi Arabia's cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership with China despite U.S. security concerns.
(Reuters)

NESARA law implementation stage by Trump

NESARA Sections implemented so far:
> Eliminating the Federal Reserve System: FED was nationalized and merged the treasury.
> Payroll taxes eliminated.
> Increases benefits to senior citizens.
> Ceases all aggressive, U.S. government military actions worldwide.
> Establishes peace throughout the world.
> Releases unprecedented prosperity with enormous sums of money for humanitarian purposes.
NESARA Sections to be implemented soon:
> Cancels all credit card, mortgage, and other bank debt due to illegal banking and government activities.
> Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals.
> Enables the release of over 6,000 patents of suppressed technologies.
> Monitors elections and prevents illegal election activities of special interest groups.
> Initiates new U.S. Treasury Bank System in alignment with Constitutional Law.
> Abolishes the IRS.
Our Articles are proofing it is really happening:
Source:https://gesara.news/live.html
NESARA law: Full

Iraq to Regain Control of Its Own currency

Washington stops the automatic deduction from Iraqi oil revenues to compensate Kuwait.
The Chairman of the Committee of Financial Experts, Abdul Basit Turki, revealed, Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation.
Turki called for the Ministry of Foreign Affairs and the concerned authorities to move to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely.
With Chapter 7 Lifted, Iraq Regains Control of Its Own currency, oil, and economy.
Source: search4dinar.wordpress.com

Russia China will lead the world to gold standard

The process of fiat money collapse is currently underway and that gold, property and productive assets like manufacturing factories can be used to rebuild the economic system.
A combination of China and Russia would be the two countries that will lead us back to having a currency backed by precious metals.
China has multiples of what they report in gold reserves, that they probably got 20,000+ tons of gold reserves.
Russia is actually in a very-very good position: they have very low debt, they don't run large deficits, etc. They got a very large natural resource economy as well.
As a result, when the things come crashing down that the first two currencies that go to a gold backing are China and Russia.