The End of the 400-Year-Old Central Bank Model
Global Growth Contraction By JC Collins
January 15, 2019 Economics, FREEPOM
RJZ33 JC et. al, Thank you very much for your replies. Just trying to play devils advocate. I’m not trying to be frustrating. My apologies if I came across that way.
Like many on this thread, I am invested heavily in XRP. I’m just trying to see things from a different possibility. I understand that China doesn’t want the yuan to be the global reserve currency. I’m not suggesting that. I’m suggesting that de-dollarization shifts to the yuan.
As the FED tightens, China loosens/eases. Also, I’m not seeing the digital asset class growing right now. Market cap has now shrunk to $120B. I’m not saying either that digital assets won’t play a role eventually.
I just think it’ll be after the FED does it’s tightening and China does it’s easing to counter balance. To me, this will be the scenario for most of 2019. Again, thanks everyone. I hope this clarifies. Best, RJZ33
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The End of the 400-Year-Old Central Bank Model
Global Growth Contraction By JC Collins
January 15, 2019 Economics, FREEPOM
RJZ33 JC, The US was the largest creditor nation after WW2 and thus became the currency that created the liquidity to the world. Now China is the largest creditor nation. The addition of the renminbi to the global reserve currency was not done unintentionally, wouldn’t you agree?
So, why not just do another “gear shift” and start leveraging the Chinese credit pool and de-dollarize to the renminbi? That seems like the easiest way? The option with the least disruption anyway?
Tell me why digital assets like XRP will be the choice? I just can’t see it. Not inside the light I guess? Please help me get there. Thanks in advance for your reply. Best, RJZ33
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By Linda J. Bilmes and W. Scott Gould Jan. 22, 2019
As the global economy weakens and markets grow more volatile, it is hard to imagine a worse time to stop 25% of US federal spending for over a month.
The government shutdown has already cut into the pocketbooks of hundreds of thousands of government employees and contractors who rely on a federal paycheck.
While the markets have been largely ignoring it so far, the absence of so much government activity is gathering force. It’s hard to believe it won’t damage the economy.
Previous experience shows that the price of long shutdowns is always high.
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Most Americans Are Unprepared For The Next Recession
By Sven Henrich Published: Jan 22, 2019
Post From Market Watch Economy & Politics
Almost 60% of Americans have less than $1,000 in savings
The government shutdown, the longest in history, comes with a hidden revelation: Millions of Americans are financially unprepared for the next economic downturn. Worse, they are highly vulnerable, with few protections available to them.
Ten years after the financial crisis, the economic recovery has left millions behind with little to no savings, and the government shutdown serves as a preview for what will happen once unemployment rises from 50-year lows.
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KTFA:
J49: Ok explain this to me How is the dollar being used to lift the 3 zeros on the IQD Post 62.. and how much more of our dollars are going to be pumped into Iraq before we get it back? Of Course If I could figure that one out I would be A dinar guru.. NOT!!!!
Clare: From CC last night: In Frank's opinion...
The USD is no longer wearing the same suit that supported a PR (Program Rate)
The USD is being used to SUPPORT the lifting of the 3 zeros... (you misquoted post #62 and left that word out)
The USD was used like a cane, a walker, for the IQD
The IQD is being used to pay it's bills at a rate of 1-1 ...not for a PR! For the lifting of the 3 zeros that gives power to the dinar.
The IQD can now stand next to the USD
5.5 billion in Iraq.. No longer used to pay bills and it stands next to the IQD..
It stood next to the IQD to support it...Now the USD is pouring in to invest in Iraq.
Maybe give the CC another listen, just a suggestion.
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Thank you Judy
Restored Republic via a GCR: Update as of Jan. 22 2019
Compiled 22 Jan. 12:01 am EST by Judy Byington
Below is a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it was valid. A Special Thank You to Martha for her untiring research efforts in discerning the Truth and to Ken who uncovers unlimited intel on pedophiles to help us Save the Children.
Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world.
Judy Note: We keep President Trump and the brave souls of the Alliance in our prayers.
On this Jan. 21 2019, the first day after the Blood Moon Lunar Eclipse, Martin Luther King Day and 2nd anniversary of President Trump’s inauguration, it was rumored that:
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