Advertisement

“Debt Ceiling” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 5-23-23

0
386
Advertisement

Goldilocks and Seeds of Wisdom

Goldilocks posted some comments with links this morning:

The debt ceiling is at the top of the agenda this morning. 

We still do not have a deal at this point, and there are talks of extending these talks for a couple more weeks. 

The concern is that the markets will begin to start reacting if an extension is made in making a deal. 

Right now, we’re seeing the possibility of getting a possible rate hike at this point. Yields on one month UST Bills hits record high following Biden-McCarthy’s debt ceiling stalls. 

Asian stocks fall after US debt talks failed to break an impasse. European markets lower with the US debt ceiling deal still pending. 

The dollar is rising after FED remarks signal further rate heights. Gold dips as US debt ceiling deal hopes support the dollar. Oil slips as the US debt ceiling concerns offset tight supply. 

Advertisement

And finally, there is talk about the GDP indicating a slower growth rate for the economy.

NBC News LINK

~~~~~~~~~~

“CFTC Chair Urges Crypto Exchanges To Protect Customers’ Investments”

He is aware that tight regulations are needed around the world to engage in a more secure QFS. 

And, clarity on whether certain digital assets are a security or a commodity continue to be defined. 

These new banking regulations will serve to guide our global economy going forward. 

Advertisement

As we approach next month’s deadlines on the new digital-asset based trading system, our new digital/currency reforms will clearly reset our currency exchange rates and protocols. 

https://tokenhell.com/cftc-chair-urges-crypto-exchanges-to-protect-customers-investments/

~~~~~~~~~~

Iraq’s Cabinet has approved a substantial capital increase in the Fund for Supporting Small Income-Generating Projects.

The fund’s capital will be increased from the previous amount of 150 billion dinars to 1,350 billion dinars ($1 billion).

According to a government statement, this expansion is part of the Ministry of Labor and Social Affairs’ three-year plan within the government program, and is in accordance with the provisions outlined in Law No. (10) of 2012, which specifically focuses on the support and development of small, income-generating projects.

(Source: Media Office of the Prime Minister)

https://www.iraq-businessnews.com/2023/05/22/iraq-increases-funding-for-small-projects/

~~~~~~~~~~

“Governments Race to Regulate AI Tools” 

Advertisement

Governing Artificial Intelligence is making waves at this time with governments around the world.

AI licensing and auditing protocols are not only needed but expected going forward.

This will require governments around the world to follow a specific set of standards in moving money across the globe.

This not only levels the playing field for everyone, but it will counteract money laundering as well.

https://www.brookings.edu/blog/up-front/2023/05/22/the-us-government-should-regulate-ai/

“Governments Race to Regulate AI Tools”

https://www.insurancejournal.com/news/international/2023/05/22/721771.htm

Source: Dinar Recaps

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

Advertisement

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here