JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS
— Disclose.tv (@disclosetv) July 24, 2023
JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS
— Disclose.tv (@disclosetv) July 24, 2023
from The Money GPS:
TRUTH LIVES on at https://sgtreport.tv/
by Ethan Huff, Natural News:
Following Argentina’s recent debt repayment in the Chinese yuan, the International Monetary Fund (IMF) has hinted that it may soon accept the yuan from all countries that need to settle their debt obligations.
IMF spokesperson Julie Kozack confirmed that Argentina paid off $1.1 billion of its $2.7 billion debt using the yuan, and that it may soon become the norm for other countries to do the same.
by Jim Willie, Gold Seek:
A historical paradigm shift is in progress. The process of de-Dollarization began with Russia in response to the Maidan coup in Kiev back in 2014. The Russian reacted in multiple ways, but the Eurasian Trade Zone grew. That was the Jackass name given, which has emerged as the BRICS Union in recent years. Numerous nations have followed the Russian lead in removing the USDollar from their trade payments and banking practices. The American observers have dismissed this trend as trivial and not enduring. They are wrong, dead wrong. In the last 18 months, the Japanese had dumped $240 billion in USTreasury Bonds over a 12-month period. They continue. They accumulate Gold in their banking reserves, thus following the BRICS theme, their operating policy. The macrocosm, by contrast, will feature 20 nations dumping USTBonds en masse, and acquiring Gold for banking reserves. The UAE will become a primary office for the conversion, their Dirham notably pegged to the USD.
by Jim Hoft, The Gateway Pundit:
This is no longer talked about in futuristic terms; it’s a current reality that will soon be forced on all of humanity.
I’ve been saying for nearly three years now that the beast system is based on the world’s people accepting two technological components offered up by the Luciferian globalist elites: A globally recognized digital ID to replace the cards in your wallet and a globally recognized digital money to replace the cash in your wallet. The two together will comprise the foundation of the punitive global beast system.
by Pam Martens and Russ Martens, Wall St On Parade:
The data in the chart above comes directly from what the biggest bank in the United States, JPMorgan Chase, reported on its 10-Q filing with the Securities and Exchange Commission (SEC) for the quarter ending March 31, 2023. Despite all those mainstream media headlines and news stories about the biggest banks in the U.S. being the deposit beneficiaries of the banking panic earlier this year, the cold, hard facts on the ground are the following: at the end of the first quarter of this year, JPMorgan Chase had seen deposit outflows in four out of the past five quarters. Mainstream media conveniently forgot to mention that.
by Peter Schiff, Schiff Gold:
Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface.
As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact problem that torpedoed Silicon Valley Bank (SVB).
by Madame DeFarge, The Burning Platform:
It has been reported that there will be a meeting in August to announce a new gold based currency. If it is successful, it will be the final step in the attempt to eliminate the US international financial structure. Usually when empires fall there is a rival empire pounding on the gate. In our case however we only have the usual greed and stupidity of our Wall Street banking set and their lackeys to blame for the irresponsibility in our finances. Of course we citizens get the slap in the face for their errors!
by Peter Schiff, Schiff Gold:
You had better get ready for the world of central bank digital currencies (CBDCs) because they are coming. And they are coming fast.
According to a recent survey by the Bank for International Settlements (BIS), as many as 24 CBDCs could be in circulation by 2030.
This means even more government control over your money.
According to the BIS, 93% of the 86 central banks surveyed said they are conducting work on developing a CBDC. Meanwhile, “The uncertainty about short-term CBDC issuance is fading.”
by Craig Hemke, Sprott Money:
A long time ago, in a galaxy far, far away, I came up with a tagline for my comments at ZeroHedge. It stated, “the end of the great Keynesian experiment is upon us, prepare accordingly”. Well, it has taken longer than I expected, but finally, here we are.
Let’s start with John Maynard Keynes. Who was he and what is this “great experiment”? In short, it was Keynes who popularized the idea of a debt-based monetary system where governments allow for unchecked growth of debt and the monetary base needed to support it.