Ramaswamy supports Trump and commodity-backed currency
Gesara.news » News » Ramaswamy supports Trump and commodity-backed currency
News Date: January 16, 2024
Billionaire entrepreneur Vivek Ramaswamy claims BRICS is developing a gold-backed currency to replace the U.S. dollar as the world's primary reserve currency.
"This is a major problem for the United States.
This would permanently increase our borrowing cost if the dollar is no longer the established reserve currency of the world.
So yes, actually, that does matter. The right way to deal with it, though, is not to try to swat that down, but increase the value proposition of the dollar itself by pegging the dollar to hard commodities," he stated in a press conference.
Vivek Ramaswamy dropped out of the presidential race and endorsed Donald Trump. Known for supporting currencies backed by commodities, his alliance with Trump suggests a shared vision for economic stability and challenges to traditional fiat systems.
Syria in secret negotiations with Israel for peace deal
Syria is widely believed to be in secret talks with Israel for peace deal.A widespread belief has emerged recently in diplomatic corridors about the presence of secret negotiations between Israel and Syria, the London-based Asharq Al-Awsat newspaper reported Sunday.
Sources:www.israelnationalnews.com, worldisraelnews.com
White House illuminated in purple and gold
On Wednesday, August 26, the White House was illuminated in purple and gold to celebrate the centennial anniversary of the 19th Amendment and honor the women who fought for the right to vote!Gold = Nesara & Gesara
Silver = Light
Purple = Equality of color, race, gender.
Source:twitter.com/WhiteHouse
FedNow alongside private sector Service
Fed announces details of the FedNow interbank service.The FedNow Service will be available to banks in the United States and will enable individuals and businesses to send instant payments any time of day, any day of the year through their bank accounts.
The target launch date for the service remains 2023 or 2024, with a more specific time frame to be announced after additional work is completed.
The FedNow Service, alongside similar services provided by the private sector, will modernize the U.S. payment system and bring the benefits of instant payments broadly to communities across the country.
Sources:www.federalreserve.gov
Queen may never return to royal duties
The Queen may never return to regular frontline royal duties if Covid-19 restrictions render public engagements unsafe for years.The monarch, 94, is in lockdown at Windsor Castle to stop her from catching the killer virus.
Source:the-sun.com
Coin shortage hits retailers, laundromats, tooth fairy
The national coin shortage has been an unusual side effect of the pandemic. Among its victims? Retailers, laundromats and even the tooth fairy.Retailers large and small have urged shoppers to use cards or exact change whenever possible.
As the shortage persists, it's become clear that there are still some conundrums that only coins can solve.
Source:www.foxbusiness.com