Special Restored Republic via a GCR Report as of Thurs. 14 Oct. 2021
Compiled by Judy Byington, MSW, LCSW, Therapist ret, Journalist, Author, “Twenty Two Faces: inside the extraordinary life of Jenny Hill and her twenty two multiple personalities.”
Judy Note: Soon the Global Currency Reset funds would be released and NESARA/GESARA announced, while the general public could exchange foreign currency at the new international rates, though it was unknown as to the exact time and date – dependent upon world events.
In this Thurs. 14 Oct. Update:
- There were food, goods, gas shortages, an energy crisis, plus Cyber Attacks on hospitals across the globe.
- Walmart, Costco and Target were chartering their own cargo ships to import goods, paying about $100,000 day, or four times more than last year – the cost of which will be paid by the consumer.
- Cryptocurrencies such as #Bitcoin were expected to trigger a global financial meltdown.
- On the brighter side flying electric cars and electric autopilot airplanes were coming soon, along with Med Beds, plus scientists at the National Institute of Dental Research have invented a powerful sour liquid that can re-grow teeth and gums almost overnight.
White Hats Behind the Scenes, Whiplash347:
NESARA/GESARA Ceases All aggressive U.S Govt Military Actions Worldwide. Establishes Peace Throughout The World. How do you stop wars? By taking away the Capacity of having them.
Quantum Systems, Whiplash347: QUANTUM Financial System, Voting System, Healing, Physics etc. Everything is going QUANTUM.
Join the dots. New Quantum Financial System. ISO20022 Regulation. Only Coins that pass International Regulation stay. 99.5% Of them do not survive including Bitcoin when the Servers get turned off under the Three Gorges Dam. Then New Elections using this Technology WorldWide. Electing Governments 10% the size of what they are after military has made them all stand down. How this all goes together is amazing.
The Economy, Whiplash347: 1950’s prices after the economy crashes. 1776 Common Law for All 1955 Prices, Suppressed & Quantum Technologies. Last year I asked John if he had driven the 2020 Dodge Demon. His answer was that is old technology. Once the Storm is done. Go Stations. We are going back to 1950s prices – the years of the GREAT AMERICAN. So any prices you see on current Tesla models disregard.
Be Prepared: Global Food, Goods, Gas Shortage, Energy Crisis, Network Crashes:
Global Energy Crisis Hits Singapore as Power Provider Goes Bust, BNN Bloomberg: http://www.bnnbloomberg.ca/global-energy-crisis-hits-singapore-as-power-provider-goes-bust-1.1666119
Europe’s Energy Crisis Is a Warning Sign for America, Jason Isaac: https://www.theepochtimes.com/europes-energy-crisis-is-a-warning-sign-for-america_4047309.html?utm_medium=epochtimes&utm_source=telegram
Three Network Crashes Across the UK: https://www.dailymail.co.uk/sciencetech/article-10091147/Three-network-crashes-UK.html
Global Financial Collapse Crisis:
Israel Issues Warning to Economy After Hospital Cyber Attack – Bloomberg: https://www.bloomberg.com/news/articles/2021-10-14/israel-issues-warning-to-economy-after-hospital-cyber-attack
Cryptocurrencies such as #Bitcoin could trigger a “financial meltdown unless governments step forward with tough regulations,” warns Bank of England deputy Sir Jon Cunliffe (Guardian)
Turkey: Erdogan removes 3 top names from the central bank via decree. Turkey’s lira drops to a new record low.
Putin: US is killing dollar as reserve currency by weaponizing sanctions & uncontrolled money printing. “It seems to me that the United States is making a very big mistake by using the dollar as a sanctions instrument… by preventing payment in dollars for the sanctioned products,” Putin told CNBC’s Hadley Gamble during Russian Energy Week. Countries facing US penalties, like Russia, “have no other choice, we are simply forced to switch to settlements in other currencies,” he added. Gamble had asked about the possibility of using cryptocurrencies such as Bitcoin to sell oil and gas, something Putin welcomed in principle but said it was “too early,” citing crypto’s volatility. Russia is happy to use dollars in energy trade – for now – and has plans to ditch the US dollar entirely, Putin noted, but “if the policy of the American authorities continues… then we will not have to do anything, the US will itself undermine confidence in the dollar.”
Whiplash347 Future Financial System: Do Your Own Research. Moving from Oil, Gas & Traditional Electricity to Metals, Green Technology, Wireless Electric. On the news right now. Petrol & Diesel vehicles will be banned by 2025. They are saying Australia will be the dumping ground for petrol and diesel cars. Now learn how the Bitcoin/Crypto Mining it is going and moving to Green Technology. USA vs CHINA Technology WAR. Not just about CRYPTO and the New Quantum Financial System. The Whole Lot is connected.
Dangers of Cryptocurrencies and Stablecoin. The IMF has a serious problem with stablecoin Tether: “Potential risk of contagion to global financial system” The IMF does not currently see cryptocurrencies as a risk to the global financial system, although ironically some of them are designed to replace that system one day. What the IMF is concerned about is the growing market value of stablecoins and especially how the price of such a coin is supported.
Stablecoins are crypto that closely track the price of fiat coins, such as the dollar or the euro. They are purchased with fiat money and exchanged on crypto exchanges for digital coins or other crypto services. Tether (USDT), a dollar stablecoin, has a market value of $68.7 billion at the time of writing.
The stablecoins, which are the backbone of crypto investing for many investors, are increasingly being targeted by regulators and other institutions. In its annual Global Financial Stability Report this month, the IMF wrote that Tether does not pose a “systematic threat” to the international financial system. But risks of using the stablecoin need to be “closely monitored”. There must be “global standards” for such digital assets to counter a “contagion risk” across markets, the IMF believes.
Why are Tether and other stablecoins so “dangerous” according to the IMF?
The report states that stablecoins pose a potential risk to markets because they are regulated differently (if at all) in different regions of the world. The total market value of stablecoins has grown from 20 to more than 120 billion dollars in one year, thanks in part to the stock market boom and Covid stimulus packages.
Due to the expanding market value, the differences in local regulation and the weak spots of stablecoins would have more and more consequences, the IMF reasons. The first of those problems the international institution calls “poor disclosure”. According to the IMF, it is not always clear how the price of a Tether is supported.
Indeed, the developers of Tether have maintained for years that each of their coins is backed by a dollar in the bank. That later turned out not to be true. According to an auditor from the Cayman Islands, where Tether’s bank is said to be located, the crypto company’s reserves actually consist of tradable securities; some kind of debt.
Jerome Powell, the chairman of the US Federal Reserve, once told Congress that such commercial papers are not really a guarantee of liquidity. Particularly in times of a financial crisis, it would be particularly risky to rely on such securities. Powell also noted that stablecoins need to be better regulated.
What does the IMF propose?
The IMF believes stablecoins could fall victim to massive sales during difficult financial times, which could affect the entire global financial system due to their massive market value. To back up that argument, the IMF points to the fiasco surrounding the failed launch of stablecoin IRON, which collapsed in June, along with a major investment from noted crypto bull Mark Cuban. These so-called “bank runs” can lead to the massive sale of commercial paper that makes up Tether’s reserves, which in turn can lead to a shortage of liquidity, causing people to lose money.
While individuals will be affected first, the stablecoin system has not yet had an impact on the current financial order, the IMF notes. But that could change at any moment, especially when too much crypto is bought on the same crypto exchange, the IMF thinks. Pressure on such a crypto exchange or harmful hack could cause the stablecoin network to collapse like a house of cards, the international institution thinks.
However, the IMF is not thinking about too strict regulation or ban on stablecoins. The organization wants regulators to better research stablecoins and come up with a regulation that can ensure investors know exactly how their coins are backed.
“If you look at the market cap of stablecoins, you will see that they are made up of some of the largest offshore money market funds. They are certainly not small fish,” concludes IMF money market director Tobias Adrian.
Earth Alliance and Patriot News:
Yes, it’s complex, but the solutions are simple. We need more bodies. We need people working on ports, in warehouses, and behind the wheels of trucks to get the supplies out to the stores so people can buy them. It’s as easy as doing what America has always done, just more and faster. That takes money, but the millions it would take to fix it are small compared to the billions or trillions in economic losses the country will experience in the coming weeks if they don’t do something about it. Here’s my take for The JD Rucker Show, followed by Art Moore’s report from WND News Center:
‘Everything Is Breaking Down’: Supply Crisis Grows 2 Months After Biden Vowed to Fix It A shortage of just about everything is looming ahead of the holiday season as more than 150 container ships wait off the coast of California and rail yards clog up due to a shortage of port workers and truckers.
President Biden assured Americans on Aug. 11 that “these bottlenecks and price spikes will reduce as our economy continues to heal,” appointing a “port envoy” who would work with Transportation Secretary Pete Buttigieg. Biden said at the time that his administration was “bringing together the port operators, shipping lines, the labor unions, trucking companies, railroads, and others to speed up the port’s operations.”
But the Washington Post, which endorsed Biden in 2020, reported in an in-depth feature the “commercial pipeline that each year brings $1 trillion worth of toys, clothing, electronics and furniture from Asia to the United States is clogged and no one knows how to unclog it.”
On Monday Sen. Tom Cotton, R-Ark. said the supply-chain disruption “is a crisis. This will impact every American, especially those who can least afford it,” he wrote on Twitter. “It’s past time for President Biden and Pete Buttigieg to explain what they’re doing about this.”
Cotton said Biden chose Buttigieg as Transportation secretary even though he was “completely unqualified,” and now the former South Bend, Indiana, mayor “is absent during a transportation crisis that is hurting working-class Americans.”
Buttigieg has said in recent interviews that “it’s an incredibly complicated situation,” but the government is holding virtual “roundtables” with port operators, labor unions and private companies. Nevertheless, he told MSNBC last Thursday, the “challenges” will continue, not only “going into the next year or two, but going into the long term.”
The Wall Street Journal reported Walmart, Costco and Target are chartering their own cargo ships to import goods, paying about $100,000 day, or four times more than last year. The transporting of goods from Asia to North America is currently taking about 80 days, which is twice as long as before the COVID-19 pandemic. Many didn’t come back to their jobs
Georgia Port Authority director Griff Lynch said Sunday in an interview with Trey Gowdy on Fox News “Sunday Night in America” said the problem began a year and a half ago when foreign ports shut down because of COVID.
“The supply chain shut down. The supply chain is only so big, and that disruption is what we’re feeling today. We’re trying to force more cargo through the supply chain and it’s only so big and so resilient,” Lynch explained. Buttigieg believes the Democrats’ $3.5 billion infrastructure plan would help address the crisis, but Lynch said the problem stems more from a lack of workers than a lack of resources.
Lynch pointed out that ports are now dealing with double the number of backlogged containers. “We’ve literally gone from 300 miles of containers last summer to 600 miles. That’s a big deal, and it’s creating congestion. We need to find ways to move the cargo,” Lynch said.
‘Everything is breaking down’ The Washington Post reported the median cost of shipping a standard container from China to the U.S. West Coast hit a record $20,586. That’s nearly twice what it cost in July, which was twice what it cost in January, according to the Freightos index.
“Consumers are confronting higher prices and shortages of cars, children’s shoes and exercise gear, as the holiday shopping season looms,” the Post said. The paper quoted Brian Bourke, chief growth officer at SEKO Logistics, warning the problem is “going to get worse again before it gets better. Global supply chains are not built for this. Everything is breaking down,” he said.
Flying electric cars are coming real soon. Also new electric autopilot airplanes. This is why you’ll see lots of airlines staying on the ground so they can switch everything to the new planes. The UK is building the world’s first airport… for flying cars. https://www.weforum.org/agenda/2021/02/uk-first-airport-electric-flying-cars/
Scientists at the National Institute of Dental Research have invented a powerful sour liquid that can regrow teeth and gums almost overnight. How is this possible? This liquid contains microscopical healing ingredients that can reach deep inside the gum pockets and between your teeth. All you have to do is swish this sour liquid in your mouth for 20 seconds, before you go to bed. Your gums and teeth will be regenerated, even if you have been fighting decay and inflammation for 5, 10 or even 20 years. Click here to find out all about the sour liquid that rebuilds your teeth and gums. https://bit.ly/3kX_VIDEO
Zim Redemption and/or Currency Exchange Appointment: The following was in my opinion only and could easily change by your appointment time. Official instructions would come with publication of the Secured Website.
In order to redeem Bonds and/or exchange foreign currencies at the higher rates you must go to a Redemption Center within the days allotted for such exchanges/ redemptions.
If you go to a bank they would give you the lower rates as shown on the Forex for that day.
Notification to set appointments at Redemption Centers would come out by way of letters to your email account. Those emails would contain a link to a Secured Website. That Secured Website link would also be published on various Dinar websites as well as be in a Restored Republic via a GCR Update.
To access an appointment at a Redemption Center, go into the Secured Website where it would ask you to verify that you are you, after which you would be given an individual 800 number to call to set your redemption/ exchange appointment.
While you could send the Secured Website link to anyone you wished, your individualized 800 number could only be used by you and only once to set your appointment.
Currency Rates: No one has knowledge of the currency exchange rates for Tier 4B as they would be set just prior to notification.
Zim Rate: We don’t know what the Zim rate was. The UST listed the Zim at a 1:1 for countries other than the US.
The US requires a project for the Zim redemption at the higher rates.
If you had Zim and don’t have a project you could take a “default rate.” No one knows what the “default rate” would be.
If you had a project the rate for your ZIM would be on a sliding scale of from below $.01 to $1.00 depending on the needs of your project, your project presentation and how many years you wished for your payout.
80% of that payout would go to your project and 20% would be for yourself. You would also earn interest on money left at the bank during your payout period, which could be substantial.
If you don’t have projects, and you don’t have Zim, you could ask for Contract Rates on your currency.
Except for seniors over 65, all Zim redemption would be on a payout in the number of years of your choice up to 50 years.
You would be paid interest on your money left at the bank during your payout period for as much as 7% to 8% a year depending on how many years you decided for your payout.
The Dinar and Dong exchange could be used for your project.
You could invest in the International projects and would benefit from that commitment. If you elected to go with International Projects, your team would take it and run with it and you would be hands off.
A Trust Account owns the project(s). Your Exchange/ Redemption Team would be available to help you manage your project. There may be oversight during the first couple of years to determine that you’re actually delivering on your commitment to Humanitarian Work, infrastructure and philanthropy. The TRUST still owns everything.
Presenting a Project: Have around three type-written pages with details of your project(s), describing your intentions, your ability to perform and the amounts you would allocate to it.
Your currency exchange was a non taxable event. The Zim redemption might have an Estate, Capital Gains and/or Earned Interest Tax. It was advised with the ZIM that you set aside an amount to cover possible taxes.
The UST was going to charge a fee to exchange and to redeem. We don’t know exactly what that would be until we get to the delivery.
A bank fee of $.025 was possibly negotiable.
Source: Operation Disclosure Official
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