More News, Rumors and Opinions Thursday Afternoon 10-14-2021

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 14 Oct. 2021

Compiled Thurs. 14 Oct. 2021 12:01 am EDT by Judy Byington

Judy Note: The following was from a recent US Treasury email to a Paymaster. There was no indication that things have changed: On Fri. 15 Oct. funds were expected to be released for the Global Currency Reset.

At that same time NESARA/ GESARA was expected to be announced, while the general public should be able to exchange foreign currency at the new international rates.

MarkZ on Wed. Evening 13 Oct: We are still waiting for Wed. night or Thurs. 14 Oct. It’s a moment to moment in Reno. Everybody is ramped up waiting for their turn to exchange. Contractors in Iraq were expecting to be paid on Friday 15 Oct.

Tues. 12 Oct. The Big Call, Bruce: Thebigcall.net 712-770-4016 pin123456#: The reset could go any time after Wed. 13 Oct. On Tues. 12 Oct. there were meetings between the banks, representatives of the US Treasury and facilitators of the new QFS System. The QFS was fully operational. Four countries were still needing to link to the Starlink Satellite System.

Restored Republic Possible Upcoming Events:

Between Thurs. Oct 14 and November 14 there was a window of Restored Republic activities. (Source connected to POTUS & Rodriquez Trust).

Something big was coming sometime from Oct. 13th to 15th. Will it be the 3 days of darkness “blackout” starting? The red wave right in the middle of Red October.

Sun. 17 Oct.: In 2013 the US Treasury said cash may run out on Oct. 17 (Source: Whiplash347).

Wed. 20 Oct.: Hunters Become the Hunted Beginning of the Three Day Event (Source: Whiplash347).

Sat. 23 Oct.: Days of Darkness Begin (Source: Whiplash347). 

Sat. Oct. 23 to Thurs. Nov. 11 was scheduled Events.

Thurs. 11 Nov. Default on their control of the Global Monetary System.

Food, Gas, Goods Shortages Crisis:

GAS CRISIS: Up to SEVEN UK Energy Suppliers Could Go BUST This Week (iNews Report) As many as seven energy firms supplying hundreds of thousands of customers could reportedly be about to collapse this week – due to the surging price of wholesale gas. Twelve suppliers have gone bust since the start of this year, 9 of them in the last month since the cost of gas skyrocketed. At least 4 firms were in talks with Ofgem, the energy regulator, on Tuesday about a possible handover of accounts. (Sky News)

Apple to cut 10mn iPhone 13 from Xmas production as chip suppliers struggle. As manufacturers struggle to supply Apple with chips, the Big Tech telecoms giant may slash production of its brand new iPhone by 10mn according to Bloomberg, which led to a 1.2% drop in Apple share value on Tuesday. It was expected that 90mn iPhone 13s would be produced in time for Christmas, but the chip supply crisis has also hit Macs and iPads after Broadcom and Texas Instrument issues. A senior WH official warned that “there will be things that people can’t get… At the same time, a lot of these goods are hopefully substitutable by other things. I don’t think there’s any real reason to be panicked.” It is unclear if they had actually experienced Apple shoppers.

Walmart, FedEx, UPS to go 24/7 to address supply bottlenecks: Major goods carriers Walmart, FedEx and UPS will move to working 24 hours a day, seven days a week in order to address the global supply chain bottlenecks, the White House announced on Wednesday. The White House announced the update ahead of President Biden’s meeting with stakeholders, including Walmart CEO John Furner, FedEx Logistics CEO Udo Lange and UPS President of U.S. Operations Nando Cesarone, to discuss collective efforts to address global transportation supply chain bottlenecks on Wednesday.“ The supply chain is essentially in the hands of the private sector, so we need the private sector to step up to help solve these problems. Three of the largest goods carriers in the country, Walmart, FedEx and UPS, will make commitments towards moving to 24/7, working during off peak hours,” a senior administration official said. https://thehill.com/homenews/administration/576463-white-house-says-walmart-fedex-ups-will-move-to-24-7-model-to-address

AP: Natural gas in the United States has climbed to its highest price since 2014 and is up roughly 90% over the last year.

Global Financial Crisis:

Our economy is going to see a mass decrease in jobs especially, in our emergency health department, paramedics, police and other essential services. Now what happens to our clients and those needing medical help.

Typhoon prompts Hong Kong to close schools, stock market: https://wbng.com/2021/10/13/typhoon-prompts-hong-kong-to-close-schools-stock-market/

China developers’ bonds, shares hit again by Evergrande contagion worries | Reuters: https://www.reuters.com/world/china/china-developers-bonds-shares-hit-again-by-evergrande-contagion-worries-2021-10-13/

Cryptocurrencies such as #Bitcoin could trigger a financial meltdown unless governments step forward with tough regulations, warns Bank of England deputy Sir Jon Cunliffe (Guardian).

History, Whiplash347: Ladies and Gentlemen, THE STORM IS UPON US

The Whole World goes to A LEVEL PLAYING FIELD – Think Revaluation of All Currencies.

The Whole World goes to 1950’s Prices. 1955 the Chosen Year. Post [CRASH]

The 3 Most Important Executive Orders of our lifetimes: 13818, 13848, 13959.

Think Crimes Against Humanity, Think Chinese Military Companies, Think EVERGRANDE.

Read full post here:  https://dinarchronicles.com/2021/10/14/restored-republic-via-a-gcr-update-as-of-october-14-2021/

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Courtesy of Dinar Guru

Desert Advisor  A few weeks ago it was announced by one of the representatives about the price of oil.  Quote: "Representative Al Nassif called on the Minister of Finance to reduce the exchange rate of the dollar after the price of a barrel of oil exceeded eighty dollars... They are announcing publicly from pretty much their members of congress talking about they want to raise the rate.

Pimpy  Article: "New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate"  This is the one everybody's talking about...the wording in here is a little eye-catching...what I like is the fact that they're saying they have to hold enough foreign reserves to be able to handle any kind of exchange that comes in. Now calm down...That doesn't mean there's going to be a rate change...they're definitely building up the private sector and that's what they need to do...just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves that it has and it appears Iraq is getting there.

KTFA:

Samson:  An unprecedented collapse of the Turkish lira

14th October, 2021

The Official Gazette said that Turkish President Recep Tayyip Erdogan dismissed three members of the Central Bank's Monetary Policy Committee and appointed two new members in their place, which plunged the lira to new record levels

The newspaper added that the dismissed were Deputy Governor of the Central Bank Semih Toman and Ugur Namek, as well as a member of the Monetary Policy Committee Abdullah Yavas, and Erdogan appointed Taha Cakmak as Deputy Governor of the Central Bank and Yusuf Tuna as a member of the Monetary Policy Committee

After the announcement, the Turkish lira fell to a new record low of 9.1600 lira against the dollar, bringing its losses since the beginning of the year to 19% due to concerns about monetary policy and the Turkish presidency announced yesterday evening, Wednesday, that Erdogan had met Central Bank Governor Shihab Kavcioglu, and published their photo standing side by side

Last month, the central bank cut the main interest rate to 18% from 19%, despite the annual inflation rising to about 20%, in a move that analysts saw as new evidence of political interference from Erdogan, who describes himself as an enemy of interest rates

Kavcioglu said this week that "the rate cut was not a surprise and has nothing to do with selling the lira later

Three well-informed sources said last week that Erdogan is losing confidence in Kavcioglu less than 7 months after his predecessor was ousted, and that there has been little contact between the two in the past few weeks

The headline inflation rate reached its highest level in two and a half years to 19.58% last September, and Erdogan appointed Kavcioglu last March after the overthrow of Naji Iqbal, raising interest rates to 19%  LINK

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Samson:  IMF, G20 fret over supply chain bottlenecks, inflation fears

14th October, 2021

Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate supply chain bottlenecks that are driving prices higher and threatening to derail the economic recovery.
 
As demand has spiked, suppliers have not been able to keep up: Ships are lined up outside American ports waiting to offload goods, US consumer inflation remained elevated in September, global oil prices have jumped over $80 a barrel, the highest in years, and British families may do without turkeys for Christmas dinner. The White House on Wednesday launched an initiative pushing for 24-hour operations at major ports to alleviate the backlog, while simultaneously urging consumers not to panic.
 
The supply challenges on a global scale will be a key focus of meetings of the IMF, the Group of 20 advanced economies and the smaller gathering of finance ministers from the Group of Seven. Pandemic restrictions shuttered trade routes and suppliers have not been able to keep up with the sudden surge in demand as economies began to reopen, which has hobbled the recovery.
 
IMF chief Kristalina Georgieva said the global economy faces a "particularly challenging time" as it emerges from the Covid-19 pandemic but she warned that the lag in vaccination rates to contain the pandemic in developing nations compared to advance economies is contributing to the supply constraints. "We should care about this divergence in economic fortunes," she told reporters "because as long as it widens this risk of interruptions in global supply chains is going to be higher, and therefore, the pressure on prices, the pressure on inflation would be higher."
 
- Inflation threat -
 
The risk is that rising prices create a vicious cycle, forcing advanced economies to raise interest rates to contain inflation, which would raise borrowing costs for developing nations and further setback their recovery. Policymakers are facing "the most difficult tradeoffs in decades," Georgieva said.
 
While the International Monetary Fund projects inflation in advanced economies will retreat by the middle of next year, "this mismatch between demand growing and supply falling behind of course creates pressure on prices," she said. And World Bank President David Malpass warned that some of the price spikes "will not be transitory."
 
The Washington-based development lender estimates 8.5 percent of global container shipping is stalled in or around ports, twice as much as in January, he said. Factory and port shutdowns caused supply disruptions that are driving sharp increases in shipping fees and the final cost of goods, he told reporters. "It will take time and cooperation of policymakers across the world to sort them out." 
 
UK Chancellor of the Exchequer Rishi Sunak agreed. "From global tax reform to global supply chains, we must work together to seek international solutions for the benefit of our citizens at home," he said before leaving for the meetings in Washington.
 
In the world's largest economy, US President Joe Biden plans to announce the commitments for 24-hour port service at a meeting Wednesday with the leaders of the giant West Coast port of Los Angeles and the International Longshore and Warehouse Union.
 
The White House has also won commitments from companies including Walmart, FedEx and UPS to work extended hours and move towards 24 hours a day in some operations, officials said.
 
US Treasury Secretary Janet Yellen on Tuesday urged Americans not to panic, saying there are plenty of goods available and price surges should be "transitory." But she acknowledged the prices pressures won't "disappear in the next month or two. This is an unprecedented shock to the global economy."
 
Malpass also lamented the situation in developing nations that already face a "grim" outlook and a "tragic reversal of development" caused by the pandemic that has driven 100 million people into extreme poverty and is causing debt distress for many countries.   LINK