I'm thinking that perhaps the BRICS was a feint deployed by the good guys to deceive and out-maneuver the Globalist financial system parasites, with a plan to move back to a non-Fiat, non-Globalist banker system where the USD is gold backed.
Trump said stuff about the BRICS that were, on the surface, super aggressive (eg. (we'll boycott / tariff anyone doing brics"). So many times, DJT spins a narrative that persuades his enemies he's going left when in fact he's planning to go right all along.
The dollar will be fine as soon as the FED is gone. The US Government will be raking in the interest and other benefits instead of the child predators. That way they won't need to tax it's citizens, anymore. That's, my guess. Trump is trying to change as little as possible for the little guy while exterminating those huge leaches and blood drinkers all in the upper workings.
So yeah the gold standard should be no problem. The way I understand Trump, now pushing 80 & in very good health. I think he just wants to leave the world in good shape for future generations. Yeah with a floating $ maybe USA can sleaze in some money the way the criminals have, but that's just not worth the long term possible problems . I think the white hats just want to leave the world in good working order for as many good people as possible. American's 1st, yes, but everyone & That means gold pegs to the dollar
Bannon may want to rethink the name of his masterwork that he promotes constantly on his Warroom program, "End of the Dollar Empire." I know he uses it to justify the gold seller he promotes, but I am looking for the re-emergence of global Dollar Dominance and the end of the Federal Reserve debt Note.
As longbas the dollarncomes from the federal reserve its a slave chain. Decoupling from the fed amd getting to gold backed is necessary for MAGA. If the federal reserve is anywhere in sight the MAGA is fake. Also, U.S. dollar being world curremcy is the reason we had out of whack tarriffs that drained our treasury and our bank accounts. Gold backed paper currency and silver allowed as currency is the onky way. Ill consider blockchain crypto as well as a currency.
" Ill consider blockchain crypto as well as a currency."
Blockchain crypto is a fiat currency. It only has value because people agree that it has value.
It's only advantage over paper fiat is that the supply is fixed. But that doesn't change the fact that silver and gold have manufacturing value and blockchain crypto doesn't.
Don't get me wrong, jump in and play with it, make some real money with it if you can. But don't depend on it.
Fractional reserve is still fiat, because it’s effectively a shell game. The fiat simply isn’t seen unless people demand delivery. It’s a method of extracting the fractional or postponing insolvency.
Edit: I misunderstood this part of the statement, as it’s a bit odd, but yes “this includes… is allowed” is [mostly] correct, and has our first statements in agreement. Note that by “[mostly]”, I mean we had a “fractional reserve” system while there was also a gold window open at federal banks, per below note. ”Mostly”, because being able to exchange fiat paper currency for gold and “fractional reserve” are not necessarily exclusive. The gold window was open in some capacity until 1971(ish), dependent on the party.
Edit (ctd): The United States began using fractional reserve banking in the early 19th century, but it became more formalized with the establishment of the Federal Reserve in 1913, which set reserve requirements for banks. This system allowed banks to hold only a portion of deposits as reserves while lending out the rest.
Now, the way that it’s currently possible to exchange fiat for physical at a private store is interesting within that concept, but that can be done with crypto as well.
Crypto however, does not draw its value from government assurance of regulation, promises to pay treasury bonds, nor “full faith and credit”, but from being a public ledger and fulfilling other characteristics of money.
I assure you that your statement (“it’s fiat when nothing backs it” + “crypto is fiat”) is incorrect, and you should do more study on the issue. I can try pointing you to some resources if you want, but won’t argue this - my username is mostly intended as a jab at the “expert” class, but this is a stronger subject area of mine.
That is the exact point I made in another reply in this thread
For a currency to NOT be a fiat currency it must be redeemable in gold, silver, or other PM from the bank, AND fractional reserve banking must be outlawed.
Sure, sure, sure, not like its all planned and orchestrated at all, right guys?
Russia backtracking? Or was this the plan all along? China Panicking? Or was this what the sovereign alliance planned all along. War is the art of deception, and the main enemy is the satanic globalist system.
I will NOT be surprised that things between the USA and China really smooth out in the coming years. But time will tell.
I think also think Trump Xi and Putin are working with WHs. I thinkthe US deep state and global cabal are all Trump, Xi an Putin's common enemy. I remember Putin calling out the US deep state as Satan worshiping pedos at one point
My hope (and I suppose potential hypothesis) is that Xi is doing a long-play to destroy the CCP and liberate China. This includes the idea that the CCP is the most satanic, evil and gridlocked regime in the world (I mean, aside from the globalists, but the globalist system is a bit different), certainly in Asia, and that taking them down would be infinitely harder than taking down the deep state in the US. So, the long play would be necessary.
I'm hopeful, but I don't know how solid my idea is or how much the facts map on to that. A LOT to clean up, tho, for sure.
I really do think that Trump & Putin are in cahoots, in a sense. Not exactly, of course, they are still rivals to an extent but when Donald told Vlad that he has to lose a term to a vegetable 1st and then come back & then wrist control from the City of London & etc etc, Vlad, a believe it when he see's it sorta guy told him he'll drop Brics when Don get's control of this straight of hormuz....
I don't think they are rivals, but they sit atop relative national systems where a lot of the people in those systems see the other as rivals.
I think these two leaders simply dedicate themselves to the best future of their country, and that means not putting their country second when dealing with the other. But both actually want mutual cooperation that benefits both of their countries, rather than one country 'beating' the other.
That's the Golden Age Trump is steering the US towards.
The ability to surgically remove world leaders, either by yanking them out of their beds and sending them to jail, or by sending them to Allah, has quite the diplomatic effect.
IMO this is another confirmation that we’ll get a new PM (commodity based) “new dollar. Gold backed and value based (sound money).
BRICS was gaining steam because of the weaponization of the FRN. Remove that ability, end the FED and there is no need for BRICS. In fact there may be no need for a global reserve currency due to stable coins (backed by new dollar).
Need more sauce to see if this is real. If it is China is fooked.
I’m shocked. Shocked I tell you. It’s almost like our suspicions about Trump and Putin being white hats on the same team behind the scenes was right all along.
Brics sounded like a good idea around here for awhile as an offramp from the ol dollar-fiat-currency scam. Thank God for DJT and the WHs.
I'm thinking that perhaps the BRICS was a feint deployed by the good guys to deceive and out-maneuver the Globalist financial system parasites, with a plan to move back to a non-Fiat, non-Globalist banker system where the USD is gold backed.
Trump said stuff about the BRICS that were, on the surface, super aggressive (eg. (we'll boycott / tariff anyone doing brics"). So many times, DJT spins a narrative that persuades his enemies he's going left when in fact he's planning to go right all along.
DJT really fakes them out when he doesn't do the rope a dope. 🤣
I am not 100% around dollar yet. It's still confusing for me on regarding the $.
Yeah even we can't keep everything straight if we get married to a particular solution. We should just be okay with winning and trust the plan.
I don't even trust the plan. I am just going to trust God and eye wide open. LOL
There's plenty of evidence that it's His plan my fren.. 🥳✝️
Believe it's Josiah moment but just remember, Josiah's next king when Babylonian came in.
The dollar will be fine as soon as the FED is gone. The US Government will be raking in the interest and other benefits instead of the child predators. That way they won't need to tax it's citizens, anymore. That's, my guess. Trump is trying to change as little as possible for the little guy while exterminating those huge leaches and blood drinkers all in the upper workings.
To quote Q: "We have the gold"
So yeah the gold standard should be no problem. The way I understand Trump, now pushing 80 & in very good health. I think he just wants to leave the world in good shape for future generations. Yeah with a floating $ maybe USA can sleaze in some money the way the criminals have, but that's just not worth the long term possible problems . I think the white hats just want to leave the world in good working order for as many good people as possible. American's 1st, yes, but everyone & That means gold pegs to the dollar
I think you just summarized it very well. Think that's what it is.
Bannon may want to rethink the name of his masterwork that he promotes constantly on his Warroom program, "End of the Dollar Empire." I know he uses it to justify the gold seller he promotes, but I am looking for the re-emergence of global Dollar Dominance and the end of the Federal Reserve debt Note.
Bannon is a mole.
As longbas the dollarncomes from the federal reserve its a slave chain. Decoupling from the fed amd getting to gold backed is necessary for MAGA. If the federal reserve is anywhere in sight the MAGA is fake. Also, U.S. dollar being world curremcy is the reason we had out of whack tarriffs that drained our treasury and our bank accounts. Gold backed paper currency and silver allowed as currency is the onky way. Ill consider blockchain crypto as well as a currency.
" Ill consider blockchain crypto as well as a currency."
Blockchain crypto is a fiat currency. It only has value because people agree that it has value.
It's only advantage over paper fiat is that the supply is fixed. But that doesn't change the fact that silver and gold have manufacturing value and blockchain crypto doesn't.
Don't get me wrong, jump in and play with it, make some real money with it if you can. But don't depend on it.
That definition would include every currency and all money. “Fiat” specifically means that some external force or issuer backs it by pure decree.
No, a currency is a fiat currency when there is nothing to back it.
This includes a physical backed currency when fractional reserve banking is allowed.
If I can go down to the bank and exchange dollars for an equivalent amount of gold, silver, or other PM, it's not a fiat currency.
Fractional reserve is still fiat, because it’s effectively a shell game. The fiat simply isn’t seen unless people demand delivery. It’s a method of extracting the fractional or postponing insolvency.
Now, the way that it’s currently possible to exchange fiat for physical at a private store is interesting within that concept, but that can be done with crypto as well.
Crypto however, does not draw its value from government assurance of regulation, promises to pay treasury bonds, nor “full faith and credit”, but from being a public ledger and fulfilling other characteristics of money.
I assure you that your statement (“it’s fiat when nothing backs it” + “crypto is fiat”) is incorrect, and you should do more study on the issue. I can try pointing you to some resources if you want, but won’t argue this - my username is mostly intended as a jab at the “expert” class, but this is a stronger subject area of mine.
That's what I said, outlaw fractional reserve banking.
If your bank has issued $1,000,000.00 in dollars, it better have $1,000,000.00 in PMs.
Yes, totally agreed there.
"...it must be gold redeemable..."
That is the exact point I made in another reply in this thread
For a currency to NOT be a fiat currency it must be redeemable in gold, silver, or other PM from the bank, AND fractional reserve banking must be outlawed.
However, cash is anonymous, crypto i dont believe is
All currency is fiat of not backed by somwthing
Uh huh.
Sure, sure, sure, not like its all planned and orchestrated at all, right guys?
Russia backtracking? Or was this the plan all along? China Panicking? Or was this what the sovereign alliance planned all along. War is the art of deception, and the main enemy is the satanic globalist system.
I will NOT be surprised that things between the USA and China really smooth out in the coming years. But time will tell.
I think Xi is in on it. They are going to have a hell of a lot more to clean up tho. That social credit score is crazy.
WWG1WGA
I think also think Trump Xi and Putin are working with WHs. I thinkthe US deep state and global cabal are all Trump, Xi an Putin's common enemy. I remember Putin calling out the US deep state as Satan worshiping pedos at one point
Yeah, China....
My hope (and I suppose potential hypothesis) is that Xi is doing a long-play to destroy the CCP and liberate China. This includes the idea that the CCP is the most satanic, evil and gridlocked regime in the world (I mean, aside from the globalists, but the globalist system is a bit different), certainly in Asia, and that taking them down would be infinitely harder than taking down the deep state in the US. So, the long play would be necessary.
I'm hopeful, but I don't know how solid my idea is or how much the facts map on to that. A LOT to clean up, tho, for sure.
Planned all along. BRICS was china and russias waybiut of the imf and world bank and their swift system.
I see the foot & it's 5 Toes are Back
DANIEL 2:34
You watched while a stone was cut out without hands, which struck the image on its feet of iron and clay(BRICS), and broke them in pieces.
OH. YOU ARE SO SMART.
I really do think that Trump & Putin are in cahoots, in a sense. Not exactly, of course, they are still rivals to an extent but when Donald told Vlad that he has to lose a term to a vegetable 1st and then come back & then wrist control from the City of London & etc etc, Vlad, a believe it when he see's it sorta guy told him he'll drop Brics when Don get's control of this straight of hormuz....
Do you remember the football? It was Putin who handed that to DJT.
Yeah... what was inside of it?
I remember someone said the nuclear code.
I don't think they are rivals, but they sit atop relative national systems where a lot of the people in those systems see the other as rivals.
I think these two leaders simply dedicate themselves to the best future of their country, and that means not putting their country second when dealing with the other. But both actually want mutual cooperation that benefits both of their countries, rather than one country 'beating' the other.
That's the Golden Age Trump is steering the US towards.
Best phrase:" TRUST THE GUY!"
What I notice is that the opinion making is based on either or consideration. Says who?
It is perfectly feasible that one could do both: And trade in USD and via a currency SWAP in YUAN/ RUBLE.
I would treat such memo's as overtures in a plethora of signals, indicating normalization and seeking partnership.
The main problem, as always .... CoL
LOL
The ability to surgically remove world leaders, either by yanking them out of their beds and sending them to jail, or by sending them to Allah, has quite the diplomatic effect.
Definitely. You know we have enough tech to take them out by stopping their hearts from a distance, right?
Oh wow. Thanks.
I think this is overstated
IMO this is another confirmation that we’ll get a new PM (commodity based) “new dollar. Gold backed and value based (sound money).
BRICS was gaining steam because of the weaponization of the FRN. Remove that ability, end the FED and there is no need for BRICS. In fact there may be no need for a global reserve currency due to stable coins (backed by new dollar).
Need more sauce to see if this is real. If it is China is fooked.
The dollar cant back anything. It isnt worth anything intrinsicly.
Sure hope so.
They were NWO's pet.
Sooo, at what point does the Fed end, the dollar collapse, and the new gold back dollar come into play? 🤔
I want to know too.
I noticed LEGO did not celebrate MARIO day this year (MAR10=MARIO) but a company pushing SWITCH 2 games did...
Oh, now.
I’m shocked. Shocked I tell you. It’s almost like our suspicions about Trump and Putin being white hats on the same team behind the scenes was right all along.
And we’re almost never right ;)
You kidding me? We are about 99% right. LOL
Yay! I love you, Vlad
Putin is smart.