Goldilocks "StableCoins, Bond Rates and more" Friday 4-21-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links:
"Bank of America’s Hartnett sees 20% dollar selloff, turns bullish on gold."
Hartnett's predictions do not go unfounded, and he is well known in the field of economists to make claims that come true based on facts.
March was an explosive month for Gold, and the selling/buying of Gold is beginning to really take hold in the economy.
Gold's use case scenarios, monetary policies, and various monetary utilization is continuing to grow.
It is important to associate ourselves going forward with firms and people who know how to align themselves with the benefits gold provides.
© Goldilocks
Coin News LINK
USA Gold LINK
USA Gold LINK
~~~~~~~~~~
House Republicans Face Resistance Reviving Stablecoin Bill
The United States is at a crossroads. There has been some resistance since the beginning of the year in formulating policies and standards for stablecoins, but the issue can no longer be denied.
"Continue Work on Stablecoin Legislation or Risk Forfeiting the Financial Future."
Countries around the world have already begun establishing standards and protocols for the use of their own digital currencies.
In order for the United States to compete, we are going to have to get into the game. This creates pressure on the dollar status as World Reserve Currency as money velocity increases demand and value for countries well on their way to establishing these new opportunities.
"Yesterday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing on stablecoins (cryptocurrencies pegged to the value of an asset like the dollar)."
As you can see, we are currently engaged in establishing monetary policies and protocols that will allow the US to engage in the future of the global economy.
© Goldilocks
Cato LINK
WSJ LINK
~~~~~~~~~~
Russia's Crypto Power Move: Changing The Game For International Business
The Central Bank of Russia is currently drafting legislation for the use of cryptocurrencies in international trade.
And now, they are forming special organizations that will allow them to mine and produce digital currencies in cross-border trade.
This will serve as a great compliment to the enhancement of the BRICS Nations.
© Goldilocks
~~~~~~~~~~
There’s Still Time To Lock In 6.89% I Bond Rates Before They Reset
Forbes LINK
~~~~~~~~~~
"BoE and CFTC continue CCP supervision agreement."
This is another situation where the CFTC is supervising the clearance of cross-border international trading for the Bank of England.
This standardizing process of the Commodities Futures Trading Commission will clear both sides of a trade and ensure the funds are there in doing so.
© Goldilocks
Asset Servicing Times LINK
~~~~~~~~~~
Goldilocks' Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/
Thank you Dinar Recaps