“Re: 4B Exchange Date?” by Vee – 7.16.22

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Entry Submitted by Vee at 11:40 AM ET on July 16, 2022

“4B Exchange Date?” by Chow – 7.15.22

Chow.. you said.. 

“Barclays Bank is huge , last month confirmed gold backed but their bottom line was off $970 Billion , almost 1 trillion and could not participate globally until balanced.”

My question is, to what or how are they valuing the exchange from whatever-currency to gold ?  970 billion of what, what currency ?  Some how – where the value of gold has to be set to a value so currencies then may be a par value. “

Fiat Money Definition – Investopedia

Fiat money is a government-issued currencythat is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.

As far as I know all world-countries currency is fiat. 

Another issue I’m wondering about, is that there arelots of construction projects in my city and a huge one to start..all of these projects are going to have to be recalculated for the cost… and bidding. Imagine that paperwork ? 

I wish we had a fly on the wall in Judy Shelton’s office to get the insider info. 

Vee

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