What is Sound Money? Monetary reset

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News Date: August 16, 2020

A somewhat polemical term for a currency backed by a tangible commodity such as gold, silver or platinum. Sound money has an intrinsic value, but is more susceptible to deflation than fiat money. Many countries used sound money throughout most of their histories; however, most countries today use fiat money and have since the United States left the Bretton Woods System in the 1970s. The term "sound money" is often used by those who favor its reintroduction. The more common term is hard money.
Given the current fiat money system is on a path towards its own destruction it is not surprising that there has been increasing talk of a monetary reset.
Sources:www.goldmoney.com, thefreedictionary.com

The longest partial lunar eclipse of the century next week

The partial lunar eclipse will last three hours 28 minutes and 23 seconds. It is also the longest partial lunar eclipse for 580 years.
Everything you need to know about the longest partial lunar eclipse in 580 years:
The event will begin on November 19 at approximately 2.19 a.m. EST.
a) Everyone in North America will see it;
b) Don't miss the 'max red' moment;
c) Get up earlier to see 'Half Blood Moon';
d) It is the longest partial lunar eclipse this century;
e) The southern limb of the Moon won't turn red.
Sources: insiderpaper.com

Suppressed technologies patents pending release

Most of the listed technology areas are closely related to military applications. But some of them range more widely like Energy conversion systems, being subject to secrecy orders detrimental to the national security.
The current list of technology areas that is used to screen patent applications for possible restriction under the Invention Secrecy Act is not publicly available and has been denied under the Freedom of Information Act.
Source:fas.org

Crop circles are models for generating free energy

One Italian inventor, Umberto Baudo, believes crop circles may be meant to impart secrets of new technology and free energy to humanity.
Source:ancient-code.com

Ex-Fed governor calls for a new Treasury-Fed accord

🏦 Former Fed Governor Kevin Warsh called for a “regime change” at the Federal Reserve and a new policy alliance with the Treasury, citing the Fed’s reluctance to cut rates as a major failure. Warsh, reportedly a finalist to replace Chair Jerome Powell, told CNBC’s Squawk Box: “We need a new Treasury-Fed accord,” referencing the post-WWII coordination of debt management.
His stance aligns with Trump’s call for lower rates to ease the burden of the $36 trillion U.S. debt. Asked if Powell should be fired, Warsh responded, “Regime change will happen in due course.”
Source: CNBC / Squawk Box, July 2025

Iraq to Regain Control of Its Own currency

Washington stops the automatic deduction from Iraqi oil revenues to compensate Kuwait.
The Chairman of the Committee of Financial Experts, Abdul Basit Turki, revealed, Thursday, that the US Federal Reserve has stopped the automatic deduction from Iraqi oil revenues in favor of Kuwait's compensation.
Turki called for the Ministry of Foreign Affairs and the concerned authorities to move to urge the formulation of a draft resolution that includes removing Iraq from the provisions of Chapter VII of the Charter of the United Nations completely.
With Chapter 7 Lifted, Iraq Regains Control of Its Own currency, oil, and economy.
Source: search4dinar.wordpress.com