Trump vows to End Taxes on Overtime
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News Date: September 13, 2024Donald Trump announced the extension of his tax cuts program during a rally in Tucson, Arizona, following his recent pledge to end taxes on tips.
"As part of our additional tax cuts, we will end all taxes on overtime";
"The people who work overtime are among the hardest working citizens in our country";
"When you pass 40 hours a week, your overtime hours will be tax-free", Trump said.
Gold standard strategy and the collapse of dollar
The dollar is no longer pegged to gold, but it is still the world's reserve currency. Over 60% of the foreign bank reserves are currently held in US Dollars.There have been efforts by numerous countries (led by China and Russia) to dethrone the US Dollar as the world's reserve currency. China has been reducing its exposure to the Dollar for a long time, and both China, as well as Russia, have been stocking up on gold in recent times.
Central banks added 650 tons to their reserves in 2019, the second highest shift in 50 years, after the 656 tons added in 2018. Before the 2007-09 financial crisis, central banks were net sellers of gold worldwide for decades. Leading the recent spree has been China, Russia, Turkey, Kazakhstan and Uzbekistan.
China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.
Sources: www.fxstreet.com, uk.news.yahoo.com, seekingalpha.com
Quantum Banking System, quantum-grammar construct
Quantum-Banking system is the Declaration of Independence of the world, ending the Socialist Fiat debt system.Russell-Jay Gould, Post-Master-General on Quantum-Grammar, Quantum-Banking:
Quantum-grammar essentially offers a mathematical way to write contracts in a proper and correct way which cannot be misunderstood, upholds integrity in contracting, and holds all parties duly accountable for whatever they promise to deliver. Unlike English, which is rife with confusion and carries contradictions and denials that most people know nothing about-prefixes like un and re for instance are negations-but which manipulative central bankers, moneyed bloodline families, and long lineages of moneylenders have operated to their secret advantage and to the detriment of the ignorant citizenry, quantum-grammar puts everything on the table in plain sight and precludes any kind of shoring up of advantage by anyone, while holding people to their word. Using quantum-grammar and proper ways to contract with each other and create the systems-banking, judicial, educational, communicational which will truly work for us.
Sources:www.youtube.com, https://everydayconcerned.net
First Manned Flying Car
Japanese company successfully tested a manned flying car for the first time.Sky Drive Inc., a Toyota-backed start-up with a mission for developing flying cars, has conducted the public demonstration on August 25, manned test flight of one its aerial vehicles after years of work. The SD-03, with its glossy white exteriors and sleek aerodynamic body, flew around Toyota Test Field, showing the world that such a thing as flying cars can exist beyond fantasy and fiction.
Sources:https://hypebeast.com
Saudi Arabia ready for SCO
At the initiative of the Saudi side, Vladimir Putin had a telephone conversation with Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud.They discussed cooperation in the SCO , MBS expressed his readiness to actively participate in its work.
The parties also discussed the coordination of the two countries in order to ensure stability in oil market.
Sources: kremlin.ru
Russia plans a digital golden ruble
Russia may allow gold-backed stablecoins under government control according to lawmakers.The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining.
According to a report by the Central Bank of Russia, the nation's central bank gold holdings surpassed its dollar reserves for the first time in its history, with gold making up 23% of total reserves as of the end of June and dollar assets dropping to 22%.
Source: bitcoin.com