More News, Rumors and Opinions Sunday Afternoon 5-12-2024
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 12 May 2024
Compiled Sun. 12 May 2024 12:01 am EST by Judy Byington
Apparent Timing of Operation Storm and the Global Currency Reset: (RUMORS)
Wed. 1 May: The Global Currency Reset of 209 countries (Allegedly) began.
Fri. 3 May: Iraq (Allegedly) celebrated their financial inclusion in the Global Financial System. Columbia, Brazil, Chile Paymasters began RV-ing.
Sat. 4 May: Foreign Currency Exchange Regulations were (Allegedly) completed.
Mon. 6 May: Wells Fargo(Allegedly) gave the Green Light for the Global Currency Reset.
Sat. 11 May: Multiple sources including the US Treasury said that Tier4b (us, the Internet Group will (Allegedly) begin currency exchanges and Zim Bond redemption.
On Tues. 28 May 2024 US (banks?) will be (Allegedly) transitioning it’s T+2 Equity Cycle to T+1 which will have a significant impact on operating financial models across the World. Moving to a 1 day settlement will impact markets not just in the US but globally as well where the velocity of money will double in speed.
Global Currency Reset:
Judy Note: No information has been received about Tier4b (us, the Internet Group) start of the Global Reset exchange and redemption appointments. The last we heard was that everyone was prepared to have them begin this weekend.
Fri. 10 May 2024: Zimbabwe’s Economic Renaissance: Pioneering the Gold Rush with BRICS Alliance and Gold-backed Currency – American Media Group (amg-news.com)
Read full post here: https://dinarchronicles.com/2024/05/12/restored-republic-via-a-gcr-update-as-of-may-12-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 This [new green 1000 fil note] is not a "lower note"...it falls under the category of fils. What does that mean? ...It takes 1,000 fils to make 1 dinar. What does that mean? It means the monetary reform is successful. It's brilliant! ...it is cheaper to print paper than it is to mint coins...They are not minting coins right now...these are called fils but they're in paper form...
Mnt Goat In Mawazine News – Baghdad an article tells us that the Central Bank Governor Al-Alaq, on Thursday, announced the progress of a plan supported by the GOI to change the map of the banking sector and its reality in Iraq. WOW! This could be really BIG! Let’s see how this shakes out.
Peter Schiff and Steve Hanke Debate Inflation, Debt Crisis, Dedollarisation
David Lin: 5-12-2024
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, joins Peter Schiff, Chief Market Strategist of Euro Pacific Asset Management, to debate their inflation outlook, causes of inflation, future of monetary policy, economic growth outlook, and interest rates.
0:00 - Intro
1:47 - Inflation outlook
18:35 - Fed monetary policy
29:00 - Causes of inflation
36:40 - Economic growth outlook
52:50 - Investment implications
55:10 - Dedollorization
56:55 - Bond yields outlook
59:50 - Bitcoin
1:00:56 - Peter Schiff
1:02:06 - Steve Hanke