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Entry Submitted by RetiredIT at 12:39 PM EDT on July 27, 2021
“Target Date” – RV News Update from Holly 7-27-21
To Whom It May Concern: Holly
The following statement was posted on Dinar Chronicles on Tue. July 27 @10:36 AM:
"I am told the target date is by the end of this month. This is based on a post that the UST will suspend state and local government security on July 30th. They said they need to take extraordinary measures to not default."
That is NOT what Janet Yellen and the UST stated. The following is what was stated by the U.S. Treasury based on a Newsweek article post from July 23 @2:57 PM (https://www.newsweek.com/janet-yellen-take-extraordinary-measures-prevent-us-debt-default-1612684) and from one other source on Twitter (https://twitter.com/goldtelegraph_/status/1418620883518869509):
"The Treasury announced a suspension of the sale of state and local government securities, that increases the federal government's debt level, according to the Associated Press, and will take effect on July 30."
This completely changes the meaning of your update based on what actually came from the UST.
Holly, you are doing a good job keeping us updated and we appreciate it. But PLEASE…Be careful you have your “facts” straight and all your ducks in a row before posting updates. Thank you.
RetiredIT
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