Goldilocks and Seeds of Wisdom
Goldilocks posted a commentary with 2 links:
“DEUTSCHE TELEKOM INTERNATIONAL FINANCE B.V. LAUNCHES CASH TENDER OFFER FOR TWO SERIES OF ITS U.S. DOLLAR NOTES”
“The difference between a United States Note and a Federal Reserve Note is that a United States Note represented a “bill of credit” and, since it was issued by the government itself and does not involve either lending or borrowing, was inserted by the Treasury directly into circulation free of interest.”
This is the meaning of moving into a SOFR/Collateral Based lending system of credit.
Thus, USN notes are moving.
Again, we must remember that the Deutsche Bank reaches into all the banks around the world.
As we discussed in the case of Iraq, they are already using USN notes while you and I are currently using USD.
Changes are coming.
© Goldilocks
https://t.me/+YU9UrHLxFbszOTJh
https://www.seedsofwisdomteam.com/goldilocks
Source: Dinar Recaps
Goldilocks posted another commentary and link this afternoon:
Gold will move us from a debt-based system to a credit-based system.
When gold is enforced as a mandate, it directs our attention toward an economy based on real values.
Standards on how this is done and standards on a fixed amount of gold attached to our currencies are applied.
This is why we are witnessing so much attention being placed on standardizing our payments around the world through ISO20022.
The International Payment System will give us a standardized process to move our digital assets around the world based on a fixed rate of gold.
Look closely at the two ideas formed in the previous paragraph and put them together. When you do, you will understand the meaning of Gold Standard.
Currently, we are under a 100% gold mandate to back our economy by gold. On March the 20th 2023, we will have a standard payment system internationally under a gold mandate to serve as a Gold Standard of payment around the world.
At that time, gold will be the World Reserve Currency and standard we adhere our global economy around.
© Goldilocks
https://goldseek.com/article/can-gold-push-out-us-dollar-international-tensions-come-boil
Source: Dinar Recaps
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