More News, Rumors and Opinions Friday PM 12-25-2020
KTFA:
Samson: Following in the footsteps of China and other countries ... Japan is preparing to adopt its digital currency
15:48 - 12/25/2020
Japan is preparing to adopt its digital currency in the private and public sectors, following the international trend in this field, as it was preceded by China, through its central bank, and other countries.
Tokyo can only adapt to the new monetary reality imposed by technological development, according to the Japanese newspaper "The Japan Times", which is reinforced by the adoption of digital currencies by major global influential economies, such as the Chinese economy, and important international financial markets.
China, according to "The Japan Times", accelerated the pace of its adoption of the digital yuan during the year 2020, by carrying out several small-scale testing experiments in this field, by providing 200 digital yuan, equivalent to about 3,200 cash yuan, for each of the 150,000 Chinese citizens selected according to A lottery took place in Shenzhen during last October, then in Suzu at the beginning of December.
These experiences are being pursued with great interest by Chinese economists and economists. Hiromi Yamaoka, a former high-ranking official at the Bank of Japan in Tokyo, said that Beijing implemented these steps "with surprising speed, because central banks tend to behave usually cautiously towards digital currencies."
Yamaooka expects China to officially issue the digital yuan by 2022, in conjunction with the organization of the Winter Olympics. LINK
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Don961: The International Monetary Agency announces a decline in the dollar from global reserves
Today, 07:59 Follow-up - IQ
Data from the International Monetary Fund showed that the share of the US dollar in global reserves reported to the fund decreased to 60.4 percent in the third quarter of the year, compared to 61.2 percent in the second quarter
The dollar’s share was 61.5 percent of total reserves a year ago, but the percentage has declined for two consecutive quarters, according to Reuters
Global reserves consist of assets held by central banks in different currencies and are primarily used to support their liabilities, and sometimes central banks use these reserves to support their local currencies
Yet despite declining for the second consecutive quarter, central bank holdings of the dollar remain the largest in the world
According to IMF figures, global reserves increased to a record $ 12.254 trillion in the third quarter, from 12.012 trillion in the second quarter
Total reserves in US dollars reached 6.937 trillion dollars, equivalent to 60.4 percent of the reserves set aside in the third quarter. Dollar reserves were $ 6.899 trillion in the second quarter, or 61.2 percent
Some analysts wonder if the dollar will lose its dominant role as a reserve currency in light of the decline in the geopolitical power of the United States and the huge US debt burden and the emergence of alternative currencies
David Rosenberg, chief economist and strategic analyst at Rosenberg for Research, said in his latest research note, "The fact of the matter is that the dollar will lose its position one day, as happened with every currency of the global reserve before it, but the chances of this happening in our lives are very small," pointing out that " The depth of the dollar's hegemony is overwhelming and does not show a sign of fading anytime soon, even in the wake of Covid-19
The value of the dollar has fallen 6.4 percent since the beginning of this year, in the worst annual performance of the currency since 2017. Rosenberg believes that the dollar is currently going through a downward cycle, but it is not on the brink of collapse
The euro’s share of global reserves stabilized at 20.5 percent in the third quarter, compared with 20.1 percent in the second quarter, according to IMF data. At its peak in 2009, the share of the euro was 28 percent LINK
Courtesy of Dinar Guru https://www.dinarguru.com/
Frank26 ...When this [RV] happens there will not be a fan fair. There will not be fireworks all over the place. You think the fake media, ABC, NBC, CBS are going to cover it? ...heck no. You know how good that will make President Trump look? The only place you're going to see it is on the CBI website...
Walkingstick (via frank26) This move [devaluation] that you're seeing - it was expected. You should consider expecting another move in the exchange rate of the Iraqi dinar. Not in a downward direction but in an upward direction...these two weeks we feel that they can get it done. But I want you to respect January...before a country adds value to its currency they normally devalue it...
Jeff Article: "Unprecedented drop in the Central Bank auctions". This is actually one of the signs we've been looking for is to see the actual amount of money auctioned off or sold through the currency auctions...when they really reduce this figures and numbers that would be one of the signs letting us know that we're actually getting close to the timing of the rate change. Here it is. We wanted to see the overall volume decrease through the currency auctions and that's happened...that's a great sign and exactly what we want to see...
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Christmas Fleming Update:
Our military intel contact is confirming Mr. Fleming's sources, Bruce's sources, and other sources reporting that the bond redemption processing finished today Christmas Eve Thu 24 Dec and as of about 1 pm EST all banks in this country and globally started moving fully onto the QFS system in all their operations, as the St Germaine Trust and the Rodriguez Trust start on Christmas Day Fri 25 Dec to pay out very large tranches to the Global Collateral Accounts and UST and other central bank accounts that are free of Deep State control and interference in preparation to release the shotgun liquidity start when T4B is started,
His current info matching Bruce's sources, T4B start currently set for approximately next Tue-Wed 29-30 Dec;
He is confirming Mr Fleming’s sources saying that 2 separate groups in different geographic locations said that there is expected to be activity on the holiday as well as into the weekend and if so we in T4B will be in great shape soon thereafter next week.
He is confirming that bond liquidity in bond holder accounts will begin to be released giving account holders 1% to 1.5% access to funds next Mon-Tue 28-29 Dec, and that the bond liquidity release will enable release of trillions in liquidity globally to paymasters to downstream payments to T1-4A as we in T4B get started by some time Tue-Wed 29-30 Dec;(edited)
He is confirming Mr Fleming’s sources saying that 2 separate groups in different geographic locations said that there is expected to be activity on the holiday as well as into the weekend and if so we in T4B will be in great shape soon thereafter next week.
He is confirming that bond liquidity in bond holder accounts will begin to be released giving account holders 1% to 1.5% access to funds next Mon-Tue 28-29 Dec, and that liquidity release will release trillions in liquidity globally to paymasters to downstream payments to T1-4A as we in T4B get started by some time Tue-Wed 12/29-30;(edited)
ALL THIS he asked that we join him in praying that THE DEEP STATE swamp CCP and USA politicians, bureaucrats, some military, etc, will NOT SUCCEED IN DELAYING THE RV RELEASE AGAIN;
He agreed with Juan O'Savin (JFK Jr still with us in the land of the living as clearly confirmed by his cousin RFK Jr.- -https://twitter.com/clairecollins86/status/1281064846658686976?s=21 ; and https://threadreaderapp.com/thread/1146761837276385280.html ; and https://www.youtube.com/watch?v=T372k-LLq1w )
Asking that we pray for POTUS because as Dr. Patrick Byrne said of the Oval Office meeting last Fri 18 Dec, POTUS has had some advisors (P. Cippollone, M. Meadows, E. Ueland, D. Lyons) that have been treasonously backstabbing him and lying to him and our guy added that these advisors have ALSO BEEN TRYING TO DELAY THE RV RELEASE TOO—
He said Merry Christmas and happy holidays to everyone and said he appreciates all prayers.(edited)