BANKS HAVE TO BE BASEL IV COMPLIANT as of 1-2-23.
Basel IV is they have to have ASSETS to back their position
as it was in the 1970’s.
But when they started printing money everything got out of hand.
Those days are over.
THE BANKS HAVE TO BE BASEL IV COMPLIANT.
The MSM will pretend they got an extension.
No. That was last year. There is no extension.
Basel IV is now in operation, Jan 2nd, 2023.
If you are in a position
where you don’t have assets to back your position
you’re not allowed to open your doors for business.
An interesting twist in the tale:
THEY’VE been pushing the Central Bank Digital Currency.
IT’S NOT BASEL IV COMPLIANT.
THEY DON’T HAVE PRECIOUS METALS & GOLD TO BACK IT.
DEAD DUCK IN THE WATER.
Do your research.
Right there in plain sight.
Very difficult to launch a Central Bank Digital currency
when the banks have to be Basel IV compliant
as of today 1-2-23
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