More News, Rumors and Opinions Monday Afternoon 1-9-2023
DJ: DID YOU KNOW?
Supply and demand. Seems like a pretty basic concept that anyone with a semi-logical mind could comprehend. But the reality is the world runs off the concept. All commercial activity, the money supply, the work force, population growth, goods and services, the military machine, agriculture, even politics, operate off supply and demand.
Our economy and most economies globally have players, whether it’s a government or a private party, that manipulate the supply and demand for their own agenda . The concept of advertising is built around creating demand. Governments create fear thereby creating a demand for their services or their involvement.
A philosopher philosophizes what people need to hear.
A motivational speaker speaks what people want to hear.
Those who supply weapons need a war to create the demand. If they don’t have one, they create one.
It’s ultimately a balancing act. If the price goes up, people demand less of it, then the companies that make it figure out how to make more of it, and everyone tries to figure out how to produce substitutes for it. People tend to buy more at a lower price and less at a higher price.
But, people who produce goods and services tend to produce more at higher prices and less at lower prices. If too much is produced the prices go down. Problems arise when the prices fall below what it costs to produce the product.
It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other commodities more urgently demanded by consumers. The authority may reduce the price of one commodity only by raising the prices of others.
Greed and corrupt activity have skewed morality by not supplying what we need before supplying what we want. The world needs to understand to supply what we need first and not the wants.
I could go on and on with examples of how supply and demand affects everything. The point of bringing attention to this relates to the reality of the GCR/RV/ Historical Bond Redemption and the function of the global money supply. As we sit back and buy into all the narratives of the various Intel providers of the GCR beginning (which lately has been off the hook) keep in mind the concepts of supply and demand, it runs the world.
Injecting the vast sums being suggested into the global money supply from the GCR would create a huge imbalance in supply and demand. In a nutshell there would be too much money and not enough goods and services to buy with it.
These funds will roll out in a structured and methodical manner to allow the development of supply chains of new industries and technologies carefully balancing supply and demand so as not to collapse the global financial systems. Not a flood of capital surrounding the globe.
DJ
https://www.rumormillnews.com/cgi-bin/forum.cgi?read=214923
************
Courtesy of Dinar Guru
Yada Article: "Al-Nusairi: The return of the exchange rate to its target rates will be achieved by revitalizing and stabilizing the economy." Quote: "...the most important thing is sincere and true intentions for change towards the desired economic advancement with an emphasis on supporting the banking sector as the main link first in economics" If I'm not mistaken, this dinar will still float internationally and not just in country. That will move up the price.
Clare Article: "Central Bank Governor: The dollar exchange rate crisis is temporary and the monetary situation is at its best" Quote: "...reserves of the Central Bank of Iraq and its arrival to more than 97 billion dollars...The foreign reserves index to money supply in the broad sense is high and reached 81%, which is an indicator that enhances confidence in the Iraqi dinar as a store of value, as well as preserving the value of the national currency by ensuring the stability of the exchange rate as a nominal stabilizer for inflation"
************
KTFA:
Henig: CBI stresses the importance of exchanging experiences in the field of electronic payment with India
Baghdad-INA
The Central Bank of Iraq (CBI) stressed on Monday, the importance of exchanging experiences in the field of electronic payment with India.
CBI stated, in a statement received by the Iraqi News Agency (INA), that "the Governor of CBI, Mustafa Ghaleb Makhaif, received Prashant Bisai, India's Ambassador in Iraq, and during the meeting, they discussed strengthening bilateral relations, especially economic between the two countries, and providing banking services to the Iraqi community present there for the purpose of Treatment, study, trade, etc., as well as the exchange of banking expertise."
The statement added, "The efforts of CBI focus on strengthening its relations with its counterparts in various countries, and global financial and banking institutions, in a way that serves the interest of the Iraqi banking sector."
The governor stressed "the importance of achieving the exchange of experiences in terms of electronic payment and banking technologies between the two countries in particular," explaining that "India is an advanced country in this field." LINK
ALERT! US Mint Annual Report to Show Fresh Naked Shorting to Suppress the Silver Price?!
(Bix Weir) 1-9-2023
The US Mint's annual report comes out this week and I will be watching for ANOTHER huge derivative failure from Mint Director Ventris Gibson. Last year the mint lost a whopping $112M on derivatives...when the price of silver went down for the fiscal year!
If it happens again this year there can be NO DENYING that the US Mint is actively naked shorting silver to suppress the price!
Mother of all debt bombs & 9 other megathreats are looming, gold may be best protection - Roubini
Kitco News: 1-9-2023
Nouriel Roubini, CEO of Roubini Macro Associates and Professor Emeritus at NYU Stern School of Business, discusses his latest book, 'Megathreats,' as well as his outlook for 2023 and beyond. He discusses how investors can hedge against looming 'megathreats,' using commodities like gold. He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News.
0:00 - The Great Stagflation
5:57 - Recession, hard landing in 2023
9:19 - Fed pivot or pause 13:53 - Mother of all debt crises
17:16 - Markets in 2023
20:44 - Dystopia and 'Megathreats' book
26:35 - Geopolitical tensions
39:21 - Investment implications