Monday Morning News, Rumors and Opinions 8-22-2022
KTFA:
Samson: Russia: We will get rid of the dollar and the euro in our trade relations
20th August, 2022
Russian Deputy Foreign Minister Alexander Pankin confirmed, on Saturday, that Russia will seek to get rid of the dollar and the euro in trade and investment relations with partners.
Bankin said in a press statement that "against the backdrop of increasing geopolitical pressure from the West, the only way to ensure the stability of trade, economic and investment relations between Russia and its partners is to get rid of the use of currencies that have become "toxic", and above all the US dollar and the euro, and to move to accounts in currencies. accepted, i.e. national currencies above all.”
He pointed out that the current model of the global financial system, which was established by Washington, turned out to be "unusable in the conditions of the multipolar world, and in essence it has turned into a tool to achieve the political goals of one group of countries."
Bankin added that "it is clear that in the current circumstances the West intends to continue to exploit its privileged position, and we are pleased that many countries that follow the imposition of unprecedented and illegal sanctions against Russia, have begun to think about getting rid of the dollar in their foreign economic activities, for the purpose of ensuring its sovereignty." LINK
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Samson: The Governor of the Central Bank of Iraq meets the Ambassador of the People's Republic of Bangladesh
22nd August, 2022
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, received the Ambassador of the Republic of Bangladesh in Baghdad, Mr. Amdi Fadloul Bari.
The Ambassador conveyed the greetings of His Excellency the Governor of the Central Bank of Bangladesh to His Excellency. He discussed prospects of cooperation between the Republic of Bangladesh in aspects related to the financial and banking sector.
During the meeting, His Excellency the Ambassador discussed the issue of the dues of Bangladeshi workers during the past period, and the subject of a request to facilitate the procedures for transferring their entitlements at the present time.
The two sides discussed the continuation of cooperation and the development of its fields between the two countries, stressing his interest in cooperation between the two monetary institutions in the two countries, with directing the concerned banks to facilitate the procedures for paying those dues and transferring them to where they wish through official channels.
Central Bank of Iraq information Office
22-August-2022 LINK
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Courtesy of Dinar Guru
Frank26 There are millions in the streets not to protest but to protect, Sadr, Mustafa, the auctions, the parliament, the cabinet, the reforms, the white papers, investors and I believe we're going to see some progress.
Pimpy [Pessimistic Comments about the dinar] 'it's a scam.' 'It's a ripoff.' It's a currency. The currency doesn't rip people off. There are people out there using the dinar to rip people off. There's a huge difference...
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Unstoppable Derivative Collapse To Destroy Currencies | Alasdair MacLeod
Liberty and Finance: 8-19-2022
Rising interest rates are creating a credit contraction that could lead to a systemic failure of the banking system, says Alasdair MacLeod, head of research at GoldMoney Inc.
The endgame? Amid a collapse in derivatives, the world's central banks will have to save the system through currency creation. The further expansion of the currency supply will eventually be currency destroying, MacLeod says.
DJ: DID YOU KNOW?
Things that boggle the mind. As of march of 2022 there are close to one billion people worldwide that are at “famine” levels. Meaning close to starvation. Daily!!! What would it take to end world hunger?
The fact is, the cost might be less than you think. A study produced in Germany suggests that the cost of ending world hunger within ten years amounts to about $330 billion or $33 billion per year, spread between all the world’s countries. Yet for some reason the world doesn’t do it.
The things that our government and other world governments spend money on compared to the minimal cost to end global hunger, is what boggles the mind. When we talk about ending global hunger it’s not just sending these folks food, it’s establishing consistent and innovative agricultural programs to the affected areas that will make them self sufficient for future needs. Think about that. Get rid of just one dumb-ass costly fiscal policy in the U.S. (Out of hundreds) and the U.S alone could cover the entire cost. I don’t know of any taxpayer who wouldn’t get behind that. And think of our global reputation for doing it.
The 4 major causes of global hunger are Conflict, Climate Shock, Cost and the recent COVID-19 pandemic. Conflict being the biggest factor with 60% of the world’s hunger living in areas affected by war and violence. And what do we do? Instead of feeding people we build bigger war machines and fund other countries’ war machines. We feed the cause of the problem and not the people.
You can apply the same logic to all other basics of survival. Food, clothing, shelter and water. Instead of destroying we could be building. It would be relatively inexpensive to fix the problem and everyone knows it . Yet we don’t. Why?
One can only conclude, they want it this way. Greed, ego, and geopolitical manipulation of hunger to gain sympathy and public confidence in their positions. “Vote for me and I’ll feed you”.
So what is the fix? Can you say GCR/RV/Asset Redemption, GESARA / NESARA.
For those waiting for a personal windfall, step back and look at the bigger picture and the real motivation for the event. Maybe it will help you understand the constant delays and push-back from those who have been benefiting from the chaos. Their reign is about to end. It’s worth the wait !!!!
As long as one person believes. There is hope. DJ