The largest tax and regulation cuts in history
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News Date: August 22, 2020
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
Zimbabwe introduces a new gold-backed digital currency
Zimbabwe has unveiled a groundbreaking digital currency called 'Zimbabwe Gold' (ZiG), backed by gold in milligrams.This move is part of the country's de-dollarization strategy and efforts to combat inflation.
The Reserve Bank of Zimbabwe (RBZ) is offering ZiG for both individuals and corporations, providing a stable and versatile means of transacting.
By linking the digital currency to gold, Zimbabwe aims to restore confidence in its monetary system and attract investment, potentially setting an example for other nations facing similar economic challenges.
ZiG represents a significant step towards financial stability and innovation in Zimbabwe.
BRICS quantum tech partnership
Russian scientist Alexey Fedorov is the leader of the Quantum Information Technologies group at Moscow-based Quantum Center.He expressed a desire to develop close partnerships with China and India in the field of quantum technology.
When the city of Kazan hosts the BRICS conference the following year, Russia aims to make its case.
Fedorov: Because together we can make things which are very hard to do alone.
We can collaborate about quantum computing, maybe solving problems and exchanging opinions and we collaborate about quantum sensing and different technologies and make our BRICS alliance to be stronger.
Debt relief for middle-income countries
The President of the UN General Assembly advocates for debt relief for middle-income nations.Csaba Korosi, president of the UN General Assembly, called for debt relief and fair access to new technology for middle-income nations on Thursday.
He stated at a high-level meeting of the General Assembly on middle-income countries that the 110 middle-income countries, which make up roughly one-third of the global GDP and three-quarters of the world's population, are the main forces behind global development.
Blockchain Council Pioneers Blockchain-Based Voting Systems
🗳️🔗 As the world moves toward digital transformation, Blockchain Council is developing blockchain-based voting systems designed to ensure high levels of security, transparency, and accessibility in elections.These systems aim to modernize the voting process by providing faster results, verifiable records, and broader access—especially for remote or underserved communities. With ongoing pilot programs across the globe, blockchain is quickly becoming a trusted technology in the evolution of digital voting.
For professionals interested in election technology, governance, or innovation, now is the perfect time to explore certifications in blockchain, data science, or emerging tech fields.
Based in California, Blockchain Council is a community of tech pioneers committed to advancing practical applications of Blockchain, AI, and Web3, building a smarter and more secure digital future. 🌍
Gold is the future as inflation coming in hot
Federal Reserve Chairman Jerome Powell keeps telling us not to worry about rising prices, assuring us that any increase in price inflation is transitory. It appears most of the mainstream is buying this hook line and sinker.The collapse of fiat currencies will demolish the state theory of money, and not for the first time. Irrespective of how long it takes, the rapid loss of fiat currencies purchasing power means that governments will no longer be able to finance their obligations. There will, therefore, come a point where fiat money must be abandoned in the search for monetary stability. The demise of fiat is the demise of state money and the function of its replacement will be to restore public trust.
The replacement money can only be based on something in governments possession. And either in their treasury departments or central banks, other than each others fiat they only possess gold in their monetary reserves.
Sources: kingworldnews.com, schiffgold.com