@Vincent Scott:Lets say
-tech is deployed,
-Issuance of money has competition,
-fed note has “legal tender” status revoked,
-these issuers all have their own solution how to equal 1 unit (by an infinite combination of weight and measure)
The questions becomes
“how does the government tax?”
In my mind
I imagine;
regardless the unit, the government has their own, and all taxes THROUGH neutral bridge are paid into it
Treasury coin then circulates on a closed loop government ledger.
Paid out THROUGH neutral bridge into whatever the receiver wants
Treasury coin is never to be held in private or sovereign hands
It solely exists in Government closed loop ledger
Convertibility is its backing- ergo its existence is Therefore equal to every solution (how we equal 1 unit from every possible combination of weight and measure) the issuers have come up with
-tech is deployed,
-Issuance of money has competition,
-fed note has “legal tender” status revoked,
-these issuers all have their own solution how to equal 1 unit (by an infinite combination of weight and measure)
The questions becomes
“how does the government tax?”
In my mind
I imagine;
regardless the unit, the government has their own, and all taxes THROUGH neutral bridge are paid into it
Treasury coin then circulates on a closed loop government ledger.
Paid out THROUGH neutral bridge into whatever the receiver wants
Treasury coin is never to be held in private or sovereign hands
It solely exists in Government closed loop ledger
Convertibility is its backing- ergo its existence is Therefore equal to every solution (how we equal 1 unit from every possible combination of weight and measure) the issuers have come up with
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Forwarded from 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 C J 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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Jamie Dimon:
Get ready. The Basel III end game rules kick in Jan 1, 2026.
Carnage will follow. Banks will fail. People will struggle.
If you think things are bad now, just wait.
Basel III will hurt millions of people by forcing banks to hold capital requirements. This isn’t good for anyone.
- You can hear the frustration in his voice now that JP Morgan will need to maintain capital requirements/reserves.
https://x.com/MrManXRP/status/1986436143513063816
Get ready. The Basel III end game rules kick in Jan 1, 2026.
Carnage will follow. Banks will fail. People will struggle.
If you think things are bad now, just wait.
Basel III will hurt millions of people by forcing banks to hold capital requirements. This isn’t good for anyone.
- You can hear the frustration in his voice now that JP Morgan will need to maintain capital requirements/reserves.
https://x.com/MrManXRP/status/1986436143513063816
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Forwarded from RVhighlights
Norway’s sovereign wealth fund has officially crossed $2 trillion, earning the title of the world’s largest pension fund. Established decades ago from oil profits, the fund was designed to secure Norway’s financial future long after its oil reserves are depleted.
Managed by Norges Bank Investment Management, the fund holds stakes in over 9,000 companies across more than 70 countries. Its returns support healthcare, education, and pensions, helping Norway maintain economic stability even amid global uncertainty.
Remarkably, every Norwegian citizen effectively “owns” around $340,000 through the fund. Beyond wealth, it stands as a model of transparency, foresight, and responsibility, showing how disciplined investing and smart resource management can transform temporary riches into lasting national prosperity.
Sources: Norges Bank Investment Management (NBIM), Reuters, Bloomberg
Managed by Norges Bank Investment Management, the fund holds stakes in over 9,000 companies across more than 70 countries. Its returns support healthcare, education, and pensions, helping Norway maintain economic stability even amid global uncertainty.
Remarkably, every Norwegian citizen effectively “owns” around $340,000 through the fund. Beyond wealth, it stands as a model of transparency, foresight, and responsibility, showing how disciplined investing and smart resource management can transform temporary riches into lasting national prosperity.
Sources: Norges Bank Investment Management (NBIM), Reuters, Bloomberg
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Forwarded from 🚨 MoneyAcademyKE
Tesla shareholders have approved their CEO Elon Musk’s historic $1 trillion pay package
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Forwarded from Cointelegraph
🔥 BIG: Nearly half of ETF investors plan to buy a crypto ETF, matching bonds at 45% in Schwab’s survey.
What’s driving this interest?
News | Markets | YouTube
What’s driving this interest?
News | Markets | YouTube
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Forwarded from Watcher Guru
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REMINDER ..Ashayana Deane material..Emerald Covenant, Walter Russel material true nature
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