Washington, DC – America’s currency would regain stable footing for the first time in half a century if a bill just introduced by U.S. Representative Alex Mooney (R-WV) becomes law.
Referred to as the “Gold Standard Restoration Act” by sound money activists, H.R. 9157 calls for the repegging of the Federal Reserve note to gold in order to address the ongoing problems of inflation, runaway federal debt, and monetary system instability.
Gold Standard
Upon passage of H.R. 9157, the U.S. Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdings and gold transactions, after which time the Federal Reserve note “dollar” would be pegged to a fixed weight of gold at its then-market price.
https://www.moneymetals.com/news/2022/10/08/us-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control-002607
Referred to as the “Gold Standard Restoration Act” by sound money activists, H.R. 9157 calls for the repegging of the Federal Reserve note to gold in order to address the ongoing problems of inflation, runaway federal debt, and monetary system instability.
Gold Standard
Upon passage of H.R. 9157, the U.S. Treasury and the Federal Reserve would have 30 months to publicly disclose all gold holdings and gold transactions, after which time the Federal Reserve note “dollar” would be pegged to a fixed weight of gold at its then-market price.
https://www.moneymetals.com/news/2022/10/08/us-congressman-introduces-gold-standard-bill-as-inflation-spirals-out-of-control-002607
❤11👍2
Forwarded from GCR Real-Time News © (☘️AwakeIn3D☘️)
The US FED is Utterly Trapped - Two GCR Scenarios Possible
It’s only a matter of time now… if the FED continues raising the overnight, FedFunds interest rate to its stated target of 4.6% (to fight inflation), the USA government (UST) will pay over $1 Trillion in annual interest (up from $392 Billion) to maintain its 2021 debt.
That’s a global financial system “game-over” scenario.
And this calculation doesn’t include the newly achieved, 2022 US Treasury National debt of $31 Trillion as it now stands.
Yet, if the FED backs down on its inflation fight, and lowers the FedFunds rate, or begins new Quantitative Easing (as The Bank of England just did), the $USD will crash hard from its current, meteoric level and throw the US economy into a depression (with a D).
The FED is trapped in a spiral of its own creation. The only result will be one of two possible, monetary/currency resets.
I call this coming scenario, The Lords of the Currency - The Two GCR Towers.
More on my “Two GCR Towers” scenario coming soon… ☘️☘️☘️
@GCR_RealTimeNews
——————————————
“The trick is to survive and then max it out when the Fed admits that they’re trapped. It’s going to be one of the great wealth transfers of all time. Who’s ready??”
https://www.zerohedge.com/markets/fed-fuct-part-4
It’s only a matter of time now… if the FED continues raising the overnight, FedFunds interest rate to its stated target of 4.6% (to fight inflation), the USA government (UST) will pay over $1 Trillion in annual interest (up from $392 Billion) to maintain its 2021 debt.
That’s a global financial system “game-over” scenario.
And this calculation doesn’t include the newly achieved, 2022 US Treasury National debt of $31 Trillion as it now stands.
Yet, if the FED backs down on its inflation fight, and lowers the FedFunds rate, or begins new Quantitative Easing (as The Bank of England just did), the $USD will crash hard from its current, meteoric level and throw the US economy into a depression (with a D).
The FED is trapped in a spiral of its own creation. The only result will be one of two possible, monetary/currency resets.
I call this coming scenario, The Lords of the Currency - The Two GCR Towers.
More on my “Two GCR Towers” scenario coming soon… ☘️☘️☘️
@GCR_RealTimeNews
——————————————
“The trick is to survive and then max it out when the Fed admits that they’re trapped. It’s going to be one of the great wealth transfers of all time. Who’s ready??”
https://www.zerohedge.com/markets/fed-fuct-part-4
🔥6👍3❤2👏1
Forwarded from Watcher Guru
JUST IN: Ripple partners with French & Swedish payment providers Lemonway and Xbaht for its ODL system.
📰 Full Story
@WatcherGuru
📰 Full Story
@WatcherGuru
👍11🔥3
Forwarded from The General
This media is not supported in your browser
VIEW IN TELEGRAM
Tulsi Gabbard says she's leaving the Democrats: Ex-congresswoman says party is controlled by "an elitist cabal of warmongers driven by cowardly wokeness" who "stoke anti-white racism" and "protect criminals."
@GeneralMCNews
@GeneralMCNews
👍15🔥8❤3😁2👏1
I think Trumps telling us it's 2023 now. https://pbs.twimg.com/media/Fev55ZoWIAIueEU?format=jpg&name=medium
🤯7👍1
Forwarded from Disclose.tv
JUST IN - Russia adds Zuckerberg's Meta, the parent company of Facebook and Instagram, to the list of "terrorist and extremist organizations," state media reports.
@disclosetv
@disclosetv
🔥27👍12❤4
44 second video. Oct 31 starts week 44. I I = twin towers?
Forwarded from Watcher Guru
JUST IN: 🇷🇺 Russia President Vladimir Putin says the global economy is in an "acute crisis."
@WatcherGuru
@WatcherGuru
👍7
Baba's 13/22 riddle.. = 4/4 = 44 = week 44 which starts on the 31st (<>13) of year 22. https://twitter.com/BlackberryXRP/status/1580661373142327297
🔥3
Punish Paypal... PayPal has admitted to closing accounts flagged by the Southern Poverty Law Center in 2019, now, PayPal has announced a partnership with the left-leaning Anti-Defamation League to focus on “further uncovering and disrupting the financial pipelines that support extremist and hate movements.”
🔥10👍3
Forwarded from Watcher Guru
👍4🔥4😁2🤬1