“Gold Standard Protocols” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 6-24-23

Goldilocks and Seeds of Wisdom

Goldilocks posted comments and news links to help us understand where we are with the financial sector’s progress toward the RV:

We are 6 days away in our transition from Libor rates to Sofr rates.

This is an International Finance Market Transition. Look for the markets to begin making their transition, if not before, into new price actions reflecting real values on every sector of the market. This includes Forex.

And on June 30th, we will be within 2 weeks of implementing new monetary policies to reflect our new global economy.

Congress will be voting on stablecoins or digital money that has been regulated and standardized with banking protocols to establish our new digital asset based lending economy.

One more time.

On July 1st, our International Financial Markets will transform into a new digital asset based economy.

On July the 15th, we will have guidelines to monitor and secure this new economy.

From that point on, we will be under Gold Standard Protocols.

https://www.jdsupra.com/legalnews/the-end-is-here-libor-cessation-looms-4782714/

https://www.theice.com/insights/market-pulse/alternative-reference-rates#:~:text=The%20U.S.%20%2D%20SOFR,the%20preferred%20alternative%20reference%20rate.

https://uk.practicallaw.thomsonreuters.com/w-015-9067?transitionType=Default&contextData=(sc.Default)#:~:text=A%20rate%20of%20interest%20used,account%20solely%20for%20economic%20factors.

~~~~~~~~~~

The IMF has put out a “Series:Working Paper No. 2023/129.”

This study reveals Real Effective Exchange Rate (REER) shifts approaching our new transition into a new economy.

It is recognized that exchange rate fluctuations/changes will be a part of these transitions in the near term. This will require foreign exchange interventions.

REER movements have been calculated and programmed into the new economy.

https://www.imf.org/en/Publications/WP/Issues/2023/06/23/External-Shocks-Policies-and-the-Distribution-of-Real-Exchange-Rate-Movements-535208

Source: Dinar Recaps

______________________________________________________

If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________

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 © Dinar Chronicles