News, Rumors and Opinions Thursday 8-21-2025
The Fed Just Hit the Switch on ISO 20022
589bull: 8-20-2025
The Fed just hit the switch on ISO 20022.
Boring headline? Sure. World changing? Absolutely.
This is the moment U.S. payments started talking in the same language as global rails. SWIFT, RippleNet, BRICS, central banks all humming in sync.
Now every transfer can carry compliance, context, tokenized value. The rails aren’t just moving dollars anymore… they’re moving the future.
XRP isn’t a bet anymore. It’s the damn conduit. The pipe was laid years ago now the water’s about to roar through it.
No fireworks. No confetti. Just a quiet line in a Federal Reserve update.
Federal Reserve Financial Services: The ISO® 20022 migration is complete! It's time to start exploring the possibilities: https://bit.ly/4oFOlpw #payments #ISO20022 #banking #Fedwire #FederalReserve
Source(s): https://x.com/589bull10000/status/1958333757628293479
https://dinarchronicles.com/2025/08/20/589bull-the-fed-just-hit-the-switch-on-iso-20022/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Trump gave them until the 31st to fix their monetary reform policies, process...If not, they're going to liquidate. They're going to disintegrate a lot of the banks in Iraq. Trump ain't playing...That's why we see what Trump is doing with many currencies around the world. You talk about the lynch pin. You talk about the first domino. I sincerely think it's the Iraqi dinar.
Nader From The Mid East Iraq is doing really good. We’re doing a lot better. We are stable financially. We are stable politically. We are stable when it comes to any threat from anybody. This is amazing. I’m happy things are happy. Things are going to move fast. Good luck to everybody.
Walkingstick [Iraq] doesn’t need any foreign partner, American. They now stand on their own two feet with their own exchange rate. Not at 1 to 1 but through a float that will reach the real effective exchange rate. A foreign partner is no longer needed in the monetary reform process of Iraq…They are now able to adhere to international standards that they have passed, accepted and now the whole international world knows about it.
The U.S. Debt Is a Mathematical Death Sentence – Only Gold Will Survive | Bill Holter
Liberty and Finance: 8-20-2025
Bill Holter presents a grim financial diagnosis: the U.S. debt is beyond repair, with default—either explicit or via dollar debasement—the only mathematical outcome.
With global confidence in U.S. Treasuries unraveling and central banks pivoting to gold like it's a post-Bretton Woods fire sale, Holter warns of a domino collapse of credit markets that would leave modern society blinking in the dark—literally.
Meanwhile, the irony of the American middle class selling silver to buy groceries underscores a tragic reversal: the very assets meant to preserve wealth are now being liquidated for survival.
Holter argues that while the East quietly builds a commodity-based lifeboat, the West may attempt a theatrical gold revaluation—but likely too little, too late. If the system crashes, he suggests,
prosperity won’t mean luxury; it’ll mean having food, water, and a working generator—proof that in the empire of IOUs, the man with ounces is king.
INTERVIEW TIMELINE:
0:00 Intro
5:30 Default is the only option
10:00 Gold revaluation?
12:30 Forced to sell metals
16:40 Retire with 10,000 oz of silver?
19:50 Thriving vs surviving
23:40 Stock certificates & safe deposit boxes