Russia to test payments in digital currencies
Gesara.news ยป News ยป Russia to test payments in digital currencies
News Date: February 26, 2024
Russia is ready to start testing payments in digital currencies with China or countries of the Eurasian Economic Union and will promote the idea with its partners,
Russian Finance Minister Anton Siluanov told state media in remarks published on Monday.
Siluanov: "We discussed this topic at the end of last year at the inter-ministerial dialogue."
He restated that any foreign acts involving Russian assets would be met with an equal response from Moscow.
Gold price up as Fed begins historic ETF purchase program
The US central bank (FED) began purchasing ETFs holding corporate bonds for the first time ever Tuesday as part of its pandemic rescue package.Such injections into the economy have generally lifted investor demand for safe-haven assets like the precious metal as fears of inflation and currency debasement grow.
Source:mining.com
Basel III endgame strikes the Federal Reserve
U.S. Federal Reserve officials, led by Fed Vice Chair Michael Barr, are exploring changes to the 'Basel III endgame' overhaul for bank capital regulations.This includes reconsidering operational risk calculations and potential offsets for mortgage servicing.
It marks a significant shift as the Fed acknowledges concerns from the banking industry about the policy's impact on lending.
Here is Michael Barr's statement:
'We want to make sure that the rule supports a vibrant economy that supports low - and moderate-income communities, that gets the calibration right upon things like mortgages.
So the public comment that we're getting on this is really critical for us getting it right. We take it very, very seriously.
That program was really designed in that emergency situation. It was designed for that emergency to say, we want to make sure that banks and creditors of banks and depositors banks understand that banks have the liquidity they need.'
From Systems to Salvation. The Return to Truth
At the beginning, no one knew technology would grow to a point where it could dominate human life ๐คEconomic resets and digital systems looked like solutions, not chains ๐ฑ
Systems without God lead to control, not restoration ๐
Technology without love becomes deception. Knowledge without Truth becomes power over people โ ๏ธ
This is not fear โ it is clarity ๐๏ธ
The Bible does not condemn those who turn back when they realize they were walking in the wrong direction.
On the contrary, it calls this repentance โ a change of mind and of path ๐
โ๏ธ I choose to place Christ and Scripture at the center.
Not systems over souls. Not promises over Truth.
๐ โThen you will know the truth, and the truth will set you free.โ (John 8:32)
๐ Final note: All โsaving teachingsโ that do not present Jesus Christ (Yeshua) as the only true Savior โ including Ascended Masters, New Age, Golden Age, or similar paths โ are false lights, rooted in cabalistic deception, not in the Truth โ๏ธโ ๏ธ
๐ Matthew 24:24 โFor false christs and false prophets will appear and perform great signs and wonders to deceive, if possible, even the elect.โ
The World toward a multi-currency system
Nations like Russia and China are now leading the charge from a one-currency world to a multi-currency world of import payments.Russia, for example, can take its energy profits and Rubles to purchase the currencies of friendly countries like China, India, and Turkey to rebuild its reserves outside of the USD.
The old world is slowly but surely turning irreversibly away from a USD-dominated currency system toward a multi-currency and multi-FX pricing model.
Source: goldswitzerland.com
Donald Trump back to the gold standard
President Trump: Replace The Dollar With Gold As The Global Currency To Make America Great Again.Global cooperation, dealing with other countries, getting along with other countries is good, it's very important. But there is no such thing as a global anthem, a global currency or a global flag. This is the United States of America that I'm representing.
We used to have a very, very solid country because it was based on a gold standard.
Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We'd have a standard on which to base our money.
Source: www.forbes.com


