Trump: Things are happening that I cant talk about

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News Date: August 14, 2020

HUGE breakthrough in Trumps 17 minute remarks Announcing the Normalization of Relations Between Israel and the United Arab Emirates, exactly at min 3:17:
Trump: Things are happening that I can't talk about, but they're extremely positive...
Sources:www.youtube.com, www.whitehouse.gov

Trump announces GESARA-related initiatives at Davos

Trump remotely addressed the World Economic Forum in Davos, pledging to reverse inflation and cut taxes.
Trump also stated: I want to obliterate US debt, and it will happen rapidly.
Trump: The world will be more peaceful.
President and CEO of the World Economic Forum, posed a question about China:
We know that you called President Xi Jinping last Friday...
President Trump: He called me, but I see it very good. I think that we are going to have a very good relationship. All we want it fairness. We just want a level playing field.

What Is Fiat Money?

Fiat money is a currency that is backed by nothing except the faith and credit of the government issuing it.
Basically every usable currency around the world today is a fiat currency.
The U.S. dollar has been fiat since 1971.
Fiat money is a currency that is declared money by decree-not by the marketplace.
Though some fiat currencies were once backed by commodities, they are now only backed by the legislative power of the government issuing them.
Source: thebalance.com

Ripple XRP - Gold standard

Three reasons why Ripple XRP can be the gold standard soon:
1.President Trump's nominee for the Federal Reserve board of governors, Judy Shelton, has advocated for getting back to a gold standard, possibly "in a very cryptocurrency way". She Faces Senate Committee Vote This Week;
Source:gesara.news
2.There are close connections or relations between Donald Trump and Ripple board;
Source:www.youtube.com
3.Ripple XRP already has Support in the US Federal Register New Rule.
Source:gesara.news

Trump vows tax cuts and debt relief

President Trump made a campaign stop in Durham, N.H., on Saturday.
Donald Trump: "Here is my pledge to every New Hampshire family: I will never let the Trump tax cuts and they are the biggest tax cuts in the history of our country. I will never let them be taken away from you and with your vote in this election we will cut your taxes even further."
He also promised to take economic measures to get rid of the massive national debt.

Basel IV Regulations Impact for Banking Industry

Basel IV Rules Will Arrive and Complicate Bank Lives Even Further.
New Banking Rules Will Tighten Credit Standards, according to Morgan Stanley.
According to Morgan Stanley analysts, the Fed will issue new bank capital regulations between late May and early July, which will be followed by a comment period and a final rule that will be implemented gradually between 2025 and 27.
For their US Large-Cap Banks coverage, they anticipate that the implementation of this Basel IV, often known as the 'Basel III Endgame,' will result in increased risk-weighted assets (RWAs) and capital requirements, with a focus on Global Systemically Important Banks (GSIBs).
The name 'Basel' comes from the city of Basel in Switzerland, where the Basel Committee on Banking Supervision was established in 1974.
The committee is made up of representatives from central banks and regulatory authorities from around the world, and its primary goal is to promote international financial stability by developing and promoting supervisory standards and guidelines for the banking industry.