Zimbabwe –Four “Golden” Articles From The Best Is Yet To Come
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Will Zimbabwe Pave The Way For Gold-Backed Money?
6/1/23 – “Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era?
“After numerous trials and errors on the monetary policy front, the Reserve Bank of Zimbabwe (RBZ) experimented with something old and something new: a gold-backed digital currency.
“’Pursuant to the resolution of the Monetary Policy Committee (the MPC) on 28 March 2023 to complement the issuance of physical gold coins with gold-backed digital products, the Bank wishes to advise that it will be issuing gold-backed digital tokens with effect from 8 May 2023,’ said RBZ Governor John Mangudya in a statement. ‘The gold-backed tokens will be fully backed by physical gold held by the Bank.’
“Central bank officials say this money will be supported by 140 kilograms (4,900 ounces) of gold.
“A New Monetary Regime
“As the international de-dollarization initiative accelerates and more economies attempt to shift away from dollar dependence, there is an expectation that a new monetary regime could be forming. Experts have noted that if the BRICS or individual countries do successfully topple the dollar hegemony, it might not happen for many years. With global debt exceeding $300 trillion, could the world economy afford to dismantle the fiat empire?”
Faced With New Round Of Demonetization Indians Turn To Gold
It’s just ancient wisdom anyway.
5/30/23 – “The Indian central bank has announced another round of demonetization with a plan to withdraw 2,000-rupee notes from circulation.
War on Cash
“The Indian government’s move was part of the broader war on cash. The goal was to bring ‘black money’ out of the shadows so it can be tracked and taxed. The vast majority of transactions in India are in cash. It is an overwhelmingly cash economy and virtually every Indian has currency stashed away in their home.
“Transactions using black money mean no taxes are collected. Government estimates show that only 1% of the Indian population pays any taxes at all. By making the 1,000 and 500 rupee notes valueless, government officials hoped to force the black money into the light so they could get their cut.
“It’s no surprise that when faced with the possibility of another disruption to the cash system, Indians have turned to gold.
RFK Jr. Champions Economic Populism: Protect American Workers with Tariffs
5/24/23 – “Democrat presidential candidate Robert F. Kennedy Jr. is championing a populist-nationalist approach to the United States economy, vowing to impose tariffs on foreign imports to protect American workers and industries from unfair trade competition.
“’As President, I will protect American labor AND American industry,’ Kennedy wrote on Twitter. ‘One thing I will consider: tariffs on imports from countries that allow exploitation of workers. American industries should not be forced to offshore to low-wage areas as nations compete with each other to sacrifice wages and working conditions in a ‘race to the bottom.””
Americans Rank Gold As Second-Best Long-Term Investment
In Gold We Trust
5/30/23 – “Americans consider gold the second-best long-term investment option, according to a recent Gallop poll. Gold beat out stocks, bonds and savings accounts.
“The perception that gold is the best investment over the long term rose from 15% in 2022 to 26% in the 2023 poll, overtaking stocks at the number two spot.
“Real estate has held the top spot since 2013 with 35% of Americans rating it the best long-term investment in the most recent poll. That was down sharply from last year’s record high of 45%.
“Stocks held third place with 18%, followed by savings accounts/CDs (13%) and bonds (7%).”
Parisse Deza is new age Renaissance man and visionary with 50 years experience in self-cultivation arts, who calls his field Consciousness and Creativity. He is an educator, counselor, reader, visual artist, writer, and Daoist internal alchemy, chigung, and feng-shui adept living in Sedona, Arizona. His main purpose is seeing-in the Aquarian Age and the fulfillment of the original American dream of absolute personal freedom in relationship with all Life.
He is the co-creator and curator of The Best Is Yet To Come educational website for the new paradigm.
Go here for all his articles: https://www.bestisyet.net/resources
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