This has been my suspicion for a while. How perfect of a B-Day present would that be to all Americans for the 250th. It would be in keeping with our President's love of country and freedom, the 4th of July. Fireworks incoming.
There appear to be Treasury-Issued-Notes (TIN) already bypassing FedRes Issued Debt Notes and NOT paying interest to FedRes (which was typical). These may be what stable coin companies are buying. I believe they have been standing up a parallel Treasury-Issued-Note collateralizable asset since 27MAR2020 with Tether (and possibly others). Tether is now $185B marketcap, but needs to be in trillions to truly be effective as alternative, imo.
It is very hard to tease out since TINs appear to be nearly identical to typical notes issued in conjunction with Federal Reserve. There have been subtle changes in Treasury behavior (with some public statements) that indicate they have been "refinancing debt" without FR involvement. This option was probably setup during Trump 1.0, ignored by Biden admin, then used exclusively in Trump 2.0 in conjunction with tariff revenue.
TLDR: Best source is https://home.treasury.gov/ ; go read and study what they are doing to develop your puzzle picture with the pieces on display.
I think they need to have Credit Unions in place or Banks that are in agreement with the Asset Backed new money. I am so excited to see this happen once everything is in place. I think you are right about the stable coin companies and Tether.
We might see Postal Service used like in Japan as branches of a savings and loan type of national bank (not foreign owned), but I dislike USPS so much their brand may be tarnished beyond recovery. The Savings & Loans pushed by Reagan in 1980s were supposed to be offramp from Big Banks and FedRes, but fatally sabotaged intentionally by Bush Sr. & CIA.
I hope not USPS they are beyond redemption. I think I read somewhere that there would be State owned Credit Unions, I'll have to go back and try to find where I read that.
Watch for "Federal Reserve Note" to be removed from the bills with new ones released or watch for instructions to cut current "blue-stripe" $100 bills at the stripe so only left side remains as Treasury $, or exchange-able for Treasury dollars. Right side is FR trash, left side (with gold on it) is asset-backed Treasury dollar?
I bet we could roll out a treasury dollar, not say a thing, confiscate old Fed dollars, and completely replace the paper money floating around in a yr or two without many people even noticing.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
I think a certain number would be introduced and bad “money” FRNs would slowly be replaced and electronic money would have to doubt. First-ins would be the winners?
This has been my suspicion for a while. How perfect of a B-Day present would that be to all Americans for the 250th. It would be in keeping with our President's love of country and freedom, the 4th of July. Fireworks incoming.
There appear to be Treasury-Issued-Notes (TIN) already bypassing FedRes Issued Debt Notes and NOT paying interest to FedRes (which was typical). These may be what stable coin companies are buying. I believe they have been standing up a parallel Treasury-Issued-Note collateralizable asset since 27MAR2020 with Tether (and possibly others). Tether is now $185B marketcap, but needs to be in trillions to truly be effective as alternative, imo.
This sounds awesome. Can I ask where you got the information about the TINs?
It is very hard to tease out since TINs appear to be nearly identical to typical notes issued in conjunction with Federal Reserve. There have been subtle changes in Treasury behavior (with some public statements) that indicate they have been "refinancing debt" without FR involvement. This option was probably setup during Trump 1.0, ignored by Biden admin, then used exclusively in Trump 2.0 in conjunction with tariff revenue.
TLDR: Best source is https://home.treasury.gov/ ; go read and study what they are doing to develop your puzzle picture with the pieces on display.
Thank you for the information!!
I think they need to have Credit Unions in place or Banks that are in agreement with the Asset Backed new money. I am so excited to see this happen once everything is in place. I think you are right about the stable coin companies and Tether.
We might see Postal Service used like in Japan as branches of a savings and loan type of national bank (not foreign owned), but I dislike USPS so much their brand may be tarnished beyond recovery. The Savings & Loans pushed by Reagan in 1980s were supposed to be offramp from Big Banks and FedRes, but fatally sabotaged intentionally by Bush Sr. & CIA.
I hope not USPS they are beyond redemption. I think I read somewhere that there would be State owned Credit Unions, I'll have to go back and try to find where I read that.
It would be Absolutely Glorious! 🎉
Do we know how current-dollar assets will be evaluated by a new Treasury dollar?
Hopefully the exchange rate will be fixed for some grace period, months or a year or something, so everyone can dump their FRN's
Watch for "Federal Reserve Note" to be removed from the bills with new ones released or watch for instructions to cut current "blue-stripe" $100 bills at the stripe so only left side remains as Treasury $, or exchange-able for Treasury dollars. Right side is FR trash, left side (with gold on it) is asset-backed Treasury dollar?
I bet we could roll out a treasury dollar, not say a thing, confiscate old Fed dollars, and completely replace the paper money floating around in a yr or two without many people even noticing.
I believe you are correct fren...
You’re probably right about that.
Praying for this
Me, too! 🙏
March 27, 2020
https://web.archive.org/web/20200328094949/https://www.bloomberg.com/opinion/articles/2020-03-27/federal-reserve-s-financial-cure-risks-being-worse-than-disease
Thanks ss!
If you go to https://www.usdebtclock.org/ you will see a link to a PDF short book about this. Here is the direct link to the PDF file: https://www.usdebtclock.org/book/The-New-Money-Revolution.pdf
The "book" is more like a slide show that you can print out, and it's very interesting.
Thank YOU Aspie!! This is amazing!
"TRUTH AND JUSTICE IS AT HAND"
I'm giving Thanks to Our Good Lord for sending Warriors born for such a time as this with INTEGRITY to fight this pure evil. ☝️🙏🙌
this will be fantastic!
I think a certain number would be introduced and bad “money” FRNs would slowly be replaced and electronic money would have to doubt. First-ins would be the winners?
Sure hope so. Im ready any time. May as well be the birth of America. The revolution is almost over.
https://nitter.poast.org/i/status/2029935030164758919
Would you like a little Tether with those Sats?
Me neither.