Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Tuesday PM 9-05-17
Spectra: Hurricane Irma So Powerful Its Showing Up As An Earthquake On Seismometers https://youtu.be/iMer0fgxkGs
txbrand: @Spectra ugh\
BobS: September 5, 2017 21:51 Direct: said a member of the Federal Reserve , "Neil Kashkari" that any new increase in the US interest rate may be detrimental to the economy of the United States .
The head of the Federal Reserve "Minneapolis" state at the University of "Minnesota" on Tuesday that a rate hike in the United States for the fourth time since the end of 2015 can cause a "real" US economy harm.
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THE BIG CALL WITH BRUCE TUESDAY, SEPTEMBER 05, 2017, INTEL ONLY
TRANSCRIBED BY PINKROSES
Bruce: Welcome Everybody to the Big Call tonight. You are listening to the Big Call, and thank you for tuning in. I do know HSBC wants this to go as soon as it can. Let’s do some international stuff. Let’s start with Iraq. Iraq is moving through this very well. They have adapted, have new rates, ATMS spitting out lower denoms for two weeks now for a while, they have paid everybody at new rates, and they have their new Qi cards out that have biometric features to them for security. A lot to the new system and there are new rates showing up on the cards. In some cases the rates disappeared and they could only see the account balances. The accounts are hydrated and the people are able to spend the money. They went up on their daily amounts 100 fold. A very positive thing for Iraq.
Bruce: The digital version of the Gazette was being worked on to put that out. They actually started the actual printing of the Gazette around 6pm EST tonight. It should be printed and out 7:30am Baghdad time, or 12:30 EST time tonight. Things are moving. We do know by our contacts in Iraq the complete new budge is in the Gazette and it is being put in there and printed now. Also with that new budget, we should have new rates seen. Hopefully they are visible in the Gazette as well.
Post From Philosophy of Metrics
ECONOMICS
Reversing Bretton Woods
JANUARY 7, 2015 By JC Collins
With so much happening on the economic front over the last few weeks its important to ground ourselves and take stock of just what is actually taking place.
The continued depreciation of oil and the beginnings of depreciation of the stock markets are the result of the end of Quantitative Easing and the beginnings of the deflationary correction which will build the case for the economic transition from the unipolar USD Bretton Woods based system to the multilateral SDR based system.
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