The Federal Reserve Board Abolition Act introduced

Gesara.news » News » The Federal Reserve Board Abolition Act introduced

Share via:

News Date: May 15, 2024

June 8 update:
Sen. Mike Lee (R-Utah) introduced the bill in the Senate:
Federal Reserve Board Abolition Act
May 17 update:
US Rep. Thomas Massie Introduced Federal Reserve Board Abolition Act to End the Fed.
He announced the introduction of H.R. 8421, the Federal Reserve Board Abolition Act.
May 15 news:
U.S. Rep. Thomas Massie, KY4, asked Twitter followers whether to introduce a bill to abolish the Federal Reserve.
Sounds like Gesara and Nesara to me!
NESARA 13: Eliminates the Federal Reserve System. During the transition period the Federal Reserve will be allowed to operate side by side of the U.S. treasury for one year in order to remove all Federal Reserve notes from the money supply.
You can check the votes here:
"Should I introduce a bill to abolish the Federal Reserve?"

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

Gold is real money, store of value, alternative to cash

Schiff: Because I think they are also underestimating just how much inflation global central banks are going to create - in particular the Federal Reserve - and how much value the US dollar is going to lose against other fiat currencies, but in particular against real money, which is gold.
I don't even look at gold bullion as an investment. I look at it as a store of value - as an alternative to cash.
I think gold is going to make a much bigger rise against these fiat currencies. But as an investment, I think investors should be at gold mining stocks. Fed is not winning a long-term game. They continue to print money, devalue the currency, and continue to essentially run the American currency into the ground.
Peter responded saying that just because blockchain technology has value doesn't mean bitcoin itself does.
Sources:www.zerohedge.com

Eurasian alliance plans its own gold standard

Towards the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New York's monopoly over global precious metals pricing and to stabilize the Russian gold market.
The basis of this new structure will be a new, specialized international precious metals brokerage headquartered in Moscow, which will rely on the MWS.
Russia is also proposing to fix prices of precious metals in the national currencies of key member countries or via a new monetary unit - such as the new BRICS currency proposed by Putin.
The price-fixing committee would include central banks and other large banks from the Eurasian Economic Union (EEU).
Member states of the EEU are Russia, Kazakhstan, Belarus, Kyrgyzstan, and Armenia.
The idea would be to make membership attractive to big gold players like China, India, Venezuela, Peru, and other South American countries.
Sources: kitco.com, bullionstar.com

Donald Trump expands tax relief proposals

Donald Trump expanded his tax reform proposals collection by announcing a New Policy on social media:
'Seniors should not pay tax on social security!'
Aligning with NESARA Section 5, this policy includes provisions to enhance benefits for senior citizens, ensuring they receive more support.
This policy aims to create a more competitive tax system, boost economic activity, and provide targeted relief and support to various sectors, including seniors.

The largest tax and regulation cuts in history

Donald Trump: With your help, we carried out the largest tax and regulation cuts, by far, in American history. And they now want to quadruple tax us, and they want to quadruple, and beyond, the regulation cuts. And when we say "tax" and we say "regulation" and you say, Oh, tax cuts. That's so wonderful, - but the people in this room that are the heads of industry - you have some very powerful people in this room - they know that the regulation cuts may have been even more important than the biggest tax cuts we've ever had.
Source:twitter.com/WhiteHouse