” The Office of Poofness “
POOF SAID
Greetings and Salutations,
So here is the deal. We are watching some issues gathering steam and that could well lead to some openings and some ways for the powers to drag out some new twists and new ways to handle the logistics of it all.
Banks are not as optimistic as they once were and their own issues are foremost on their minds. The ways and the means for covering costs and algorithms required to transfer a lot of old data are again up for review.
Many have d--d, many have changed email addys, or phones, or moved, and all of this takes time to ascertain. The times they are a’changing as the songs of old say, and that is indeed the truth….
The PP’s can wait a while longer for safer venues to wash ashore. The efforts of the many are concerted and the views vary.
Love and Kisses,
Poof
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DID YOU KNOW?
Gross Domestic Product (GDP) measures the monetary value of final goods and services, (that is, those that are bought by the final user), produced in a country in a given period of time (say a quarter or a year). It counts all of the output within the borders of a country. Within the past year (2023), for the first time the GDP of the entire world combined, surpassed $100 trillion. The output of the entire world, $100 trillion. And that doesn’t include certain productive activities. For example, unpaid work (such as that performed in the home or by volunteers) and black-market activities are not included because they are difficult to measure and value accurately. That means, for example, that a baker who produces a loaf of bread for a customer would contribute to GDP, but would not contribute to GDP if he baked the same loaf for his family (although the ingredients he purchased would be counted).
So if we looked at the GDP of the countries that are prominent currencies involved in the GCR. Zim, Rupiah, Dong, and Iraqi dinar. Vietnam $432 Billion, Zimbabwe $36 billion, Iraq $525 billion, and Indonesia $ 3.8 Trillion. To put this in a global perspective , the U.S GTP is over $29 trillion at what amounts to over 25% of the global GDP. China is at $19 Trillion with other countries not even close.
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The point is, when we talk about the GCR and the supposed vast sums it will generate , there isn’t enough goods and services in the entire world to buy with the sums being generated. This isn’t like you inherited these funds from a distant uncle or something. That would be money already produced and circulating in the world already. The sums in question would have to be made or printed and added to the global circulation. The more money you print the more it devalues. Same amount of stuff to buy (GDP) but it would take more of a devalued currency to buy it. Currently it is estimated that there is approx. $85 trillion in all money and currencies circulating in the world today.
The math doesn’t support current beliefs of what a GCR is or how it will actually be implemented. When it happens it will happen in a manner that the public is unaware of. Control your excitement and stay in the real world. It will serve you better in the long run.
DJ
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Love and Kisses,
Team “Poofness”
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