Goldilocks and Seeds of Wisdom
Goldilocks posted commentaries and links this morning:
Visa and MasterCard’s recent integration onto the QFS blockchain will enable global transactions – even large value settlements.
Look for Iraq to load their people’s Visa and MasterCard by the end of May per CBI Banker contact.
Per another article verified by our contact, currency values will be changing between now and then if all goes well. Time will tell.
Our connections to Iraq are becoming as close as the push of a button through the global blockchain.
Crypto News Flash LINK
Coin Telegraph LINK
Yesterday, there were several articles about Zimbabwe going to a gold standard on May 8th, 2023.
Several things will begin to happen from that moment forward:
* Zimbabwe will be required to have enough gold to back every Zimbabwe currency that they print.
* It means that their exchange rate will be fixed against other countries to prevent a devaluation of their currency in trade.
* This will lower their inflation rate and prevent an overvalued exchange rate.
* It will lower debt ratios and create modest growth.
* Quantitative easing through monetary policy changes would be minimized.
* And finally, a gold standard stabilizes a currency’s foreign exchange rate.
These changes lead to a Goldilocks Economy. “A Goldilocks economy is not too hot or too cold but just right—to steal a line from the popular children’s story Goldilocks and the Three Bears.
The term describes an ideal state for an economic system. In this perfect state, there is full employment, economic stability, and stable growth. The economy is not expanding or contracting by a large margin.”
My San Antonio LINK
ABC News LINK
Goldilocks Economy LINK
Investopedia LINK
Source: Dinar Recaps
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