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The Rise of the Shanghai Cooperation Organization: A New Geopolitical and Military Force

The Rise of the Shanghai Cooperation Organization: A New Geopolitical and Military Force

On July 20, 2024 By Awake-In-3D

The SCO is reshaping global geopolitics and will independently protect the new GOLD-BACKED Currency and Financial System

In This Article:

Introduction to the SCO’s growing influence

The recent SCO summit in Astana and Western media’s oversight

BRICS’ new financial system and the SCO’s role in securing it

The future of Eurasian alliances and the concept of Rimland

The Rise of the Shanghai Cooperation Organization: A New Geopolitical and Military Force

On July 20, 2024 By Awake-In-3D

The SCO is reshaping global geopolitics and will independently protect the new GOLD-BACKED Currency and Financial System

In This Article:

  • Introduction to the SCO’s growing influence

  • The recent SCO summit in Astana and Western media’s oversight

  • BRICS’ new financial system and the SCO’s role in securing it

  • The future of Eurasian alliances and the concept of Rimland

The geopolitical landscape is undergoing a significant transformation with the rise of the Shanghai Cooperation Organization (SCO).

Formed initially to combat terrorism and extremism, the SCO has evolved into a formidable economic and geopolitical entity. Its growing influence, alongside BRICS+, signals a shift that Western alliances like NATO and the G7 must acknowledge and adapt to.

Understanding the Shanghai Cooperation Organization Transformation

The Shanghai Cooperation Organization was established just months before the events of 9/11.

Initially known as the Shanghai Five, it included Russia, China, and three Central Asian states. Its primary focus was anti-terrorism, anti-separatism, and anti-extremism. Over the years, the SCO has expanded its scope, now including major Eurasian nations such as India, Pakistan, and Iran, making it a significant player on the global stage.

The recent SCO summit in Astana, Kazakhstan, highlighted this transformation. Despite the event’s importance, Western media largely overlooked it.

This lack of coverage reflects a broader misunderstanding of the SCO’s growing geopolitical influence. The summit underscored the SCO’s role as a key node in a multipolar world, interconnected with various global players.

BRICS’ New Financial System and the SCO’s Role

One of the most significant developments in global finance is BRICS’ move towards a new financial system based on gold-backed currencies.

This initiative aims to create an alternative to the Western-controlled economic mechanisms, providing stability and reducing dependence on the US dollar. However, establishing such a system requires robust geopolitical and military support to ensure its security and legality.

Enter the SCO. With its expanding membership and strategic influence, the SCO is poised to play a crucial role in protecting the integrity of BRICS’ new financial system. The collaboration between these two organizations could ensure the enforcement of economic agreements, protect member states from external threats, and maintain the stability of the new financial system.

The presence of powerful nations like Russia, China, India, and Iran within the SCO enhances its capability to support BRICS in this endeavor.

Potential Impacts on NATO and U.S. Geopolitical Strategies

The strategic significance of Europe and the Mediterranean remains crucial. However, the rise of the SCO and BRICS+ poses a challenge to Western dominance.

If the U.S. and NATO do not recognize and adapt to these shifting alliances, they risk losing influence over Eurasia and the Rimland.

The Rimland, a geopolitical concept introduced by American political scientist Nicholas Spykman, refers to the coastal fringes of Eurasia. This region is strategically vital, serving as a buffer zone between the central Heartland of Eurasia and the world’s oceans.

Controlling the Rimland is essential for global dominance, providing access to crucial maritime routes and Eurasia’s vast resources and markets.

The Future of Eurasian Alliances

The potential unification of the SCO and BRICS+ into a more strategic and possibly military organization could further diminish Western hegemony.

The increasing cooperation among these entities suggests a move towards a unified Eurasian geopolitical landscape. Such a development could redefine global power dynamics, with significant implications for the West.

The SCO’s evolution from an anti-terrorism organization to a geopolitical force underscores the importance of understanding and engaging with emerging multipolar structures. As the SCO and BRICS+ continue to grow, their influence will shape the future of global geopolitics, challenging traditional Western dominance.

The Bottom Line

The Shanghai Cooperation Organization is rapidly becoming a geopolitical force to be reckoned with.

Its growing influence, alongside BRICS+, highlights the need for the U.S. and NATO to recognize and adapt to the shifting global landscape. The recent SCO summit in Astana underscores the organization’s strategic importance in reshaping global geopolitics.

As Eurasian alliances strengthen, the concept of Rimland and its strategic significance will play a crucial role in determining the future of global power dynamics. With BRICS forming a new financial system based on gold-backed currencies, the SCO’s role in securing this system becomes paramount.

The potential unification of the SCO and BRICS+ poses a significant challenge to Western hegemony, signaling the rise of a new, multipolar world order.

Supporting Article: https://strategic-culture.su/news/2024/07/18/the-sco-can-change-the-rules-of-rimland/

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

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Awake-In-3D: New Podcast: Gold-Backed Currency Exchange Rates Revealed

New Podcast: Gold-Backed Currency Exchange Rates Revealed

On July 21, 2024 By Awake-In-3D

In Podcasts

In this unique episode of the Endgame GCR Podcast, Marie G and I break down the details of the new gold-backed financial and currency system soon to be unleashed on the world.

We also discover a very exciting result that fulfills one of the primary goals of the RV/GCR.

New Podcast: Gold-Backed Currency Exchange Rates Revealed

On July 21, 2024 By Awake-In-3D

In Podcasts

In this unique episode of the Endgame GCR Podcast, Marie G and I break down the details of the new gold-backed financial and currency system soon to be unleashed on the world.

We also discover a very exciting result that fulfills one of the primary goals of the RV/GCR.

https://ai3d.blog/new-podcast-gold-backed-currency-exchange-rates-revealed/

0:00 / 0:00

15 seconds

15 seconds

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Gold Standard Returns: Iraq and Neighbors Prepare to Abandon The Dollar Fiat Currency System

Gold Standard Returns: Iraq and Neighbors Prepare to Abandon The Dollar Fiat Currency System

On July 17, 2024  By Awake-In-3D

The secret plans of Iraq and neighboring countries to fortify their economies with gold reserves and join the New BRICS gold/oil backed currency system.

Iraq and its neighboring Middle Eastern nations are accelerating their gold accumulation at an unprecedented pace. This strategic move signals a clear intent to shield their economies from the potential collapse of the dollar-dominated fiat currency system.

Moreover, the Middle East is strengthening its ties with the BRICS Alliance, distancing itself from the G-7 Western bloc. This alignment suggests that countries like Iraq are preparing to actively engage in a new BRICS gold-backed financial system and the UNT gold and oil-backed currency unit for international trade.

Gold Standard Returns: Iraq and Neighbors Prepare to Abandon The Dollar Fiat Currency System

On July 17, 2024  By Awake-In-3D

The secret plans of Iraq and neighboring countries to fortify their economies with gold reserves and join the New BRICS gold/oil backed currency system.

Iraq and its neighboring Middle Eastern nations are accelerating their gold accumulation at an unprecedented pace. This strategic move signals a clear intent to shield their economies from the potential collapse of the dollar-dominated fiat currency system.

Moreover, the Middle East is strengthening its ties with the BRICS Alliance, distancing itself from the G-7 Western bloc. This alignment suggests that countries like Iraq are preparing to actively engage in a new BRICS gold-backed financial system and the UNT gold and oil-backed currency unit for international trade.

Such developments would lead to a significant revaluation (RV) of their currencies against dominant global fiat currencies like the US Dollar and Euro, signalling the beginning of the Global Currency Reset (GCR).

In This Article

  • Iraq’s Significant Increase in Gold Reserves

  • Middle Eastern Nations’ Collective Gold Holdings

  • Strategic Alliances with BRICS Over G-7

  • Implications for Global Currency Exchange Rates

Iraq and its neighboring Middle Eastern nations are rapidly accumulating gold reserves, positioning themselves strategically against the backdrop of a collapsing global fiat currency system.

This trend highlights a shift towards bolstering financial security through tangible assets, diverging from a reliance on dollar-dominated fiat currencies.

Iraq’s Significant Increase in Gold Reserves

Iraq has significantly increased its gold reserves, reaching 142.58 tonnes in the first quarter of 2024, up from 138.44 tonnes in the previous quarter.

This marks a historical high for Iraq, reflecting a strategic effort by the Central Bank of Iraq to diversify its foreign assets amid ongoing economic uncertainty.

Historically, Iraq’s gold reserves have averaged 46.32 tonnes from 2000 to 2024, with a record low of zero tonnes in 2000. The Central Bank’s strategy includes purchasing small quantities of gold over multiple transactions, ensuring a steady accumulation aligned with market conditions.

Middle Eastern Nations’ Collective Gold Holdings

The World Gold Council’s latest data for May reveals that five Arab countries, including Iraq, collectively possess over 1,000 tonnes of gold reserves.

Saudi Arabia leads the pack, followed by Lebanon, Algeria, Libya, and Iraq. This significant accumulation underscores the importance of gold as a key investment for central banks in the region amid ongoing geopolitical and economic uncertainties.

The focus on gold reserves by these nations highlights a regional trend of leveraging gold as a hedge against the obvious implosion of fiat currencies and the mathematically unsustainable global debt they create.

Strategic Alliances with BRICS Over G-7

Intriguingly, Middle Eastern countries, including Iraq, are strengthening ties with the BRICS Alliance rather than the G-7 Western Alliance. This alignment suggests a strategic pivot towards a gold-backed financial system being developed by BRICS.

The potential participation of Middle Eastern nations in the new BRICS gold-backed financial system and the UNT gold and oil-backed currency unit for international trade represents a significant shift in global economic alliances.

This move could herald a new era of financial stability and independence for these nations, reducing their vulnerability to the volatility of fiat currencies.

Implications for Global Currency Exchange Rates

The accelerated gold accumulation by Iraq and other Middle Eastern nations sets the stage for a significant currency exchange rate revaluation (RV) against dominant global fiat currencies such as the US Dollar and Euro.

As these nations prepare to participate in a gold-backed financial system, the traditional dominance of fiat currencies could be challenged. This shift could lead to more stable and resilient economies in the Middle East, fostering greater economic security and sovereignty.

The Bottom Line

Iraq and its Middle Eastern neighbors are strategically accumulating gold reserves, positioning themselves for a future less dependent on fiat currencies and more aligned with gold-backed financial systems.

This trend highlights a significant shift in global economic dynamics, with potential implications for currency valuations and international trade. As these nations strengthen their alliances with the BRICS Alliance, the global financial landscape will witness a significant financial system shift, ringing in a new era of economic stability and independence for humanity.

Supporting Articles:

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

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Gold is Smashing New Records as Fiat Currency System Dies

Gold is Smashing New Records as Fiat Currency System Dies

On July 16, 2024 By Awake-In-3D

As traditional currencies falter, gold emerges as the new foundation of a global financial reset.

The ongoing instability in the fiat currency financial debt system, marked by increasing debt and economic volatility, is propelling it towards an inevitable implosion and crash.

In this context, the financial world is gradually recognizing the necessity of transitioning to an alternative system, which is expected to be a hybrid gold-backed currency structure. This shift is driven by a combination of factors, including persistent inflation, geopolitical tensions, and diminishing trust in fiat currencies.

Gold is Smashing New Records as Fiat Currency System Dies

On July 16, 2024 By Awake-In-3D

As traditional currencies falter, gold emerges as the new foundation of a global financial reset.

The ongoing instability in the fiat currency financial debt system, marked by increasing debt and economic volatility, is propelling it towards an inevitable implosion and crash.

In this context, the financial world is gradually recognizing the necessity of transitioning to an alternative system, which is expected to be a hybrid gold-backed currency structure. This shift is driven by a combination of factors, including persistent inflation, geopolitical tensions, and diminishing trust in fiat currencies.

As gold’s value reaches historic highs against the US Dollar, it becomes clear that the global economy is pivoting towards a new foundation.

The rise in gold prices signals a broader awakening to the limitations of fiat currencies, positioning gold as the cornerstone of the forthcoming Global Currency Reset (GCR) and Revaluation of Currencies (RV).

This transformation underscores the growing consensus that gold will play a pivotal role in the future monetary system, offering stability and reliability in an increasingly uncertain financial landscape.

In This Article

  • Overview of Recent Gold Price Surge

  • Analysis of Factors Driving Gold’s Rise

  • The Decline of Fiat Currencies

  • Predictions for Gold in the Global Currency Reset

Gold prices have reached record highs, driven by a combination of economic uncertainty and shifting market dynamics. As traditional fiat currencies face increasing skepticism, gold’s role as a stable financial asset is becoming more prominent.

Recent Surge in Gold Prices

Gold prices soared today, hitting new record highs.

This rise was fueled by growing expectations of U.S. interest rate cuts, which have weakened the dollar and increased gold’s appeal as an investment. The August gold contract on Comex climbed to $2,467.80 an ounce, surpassing previous records.

This trend reflects a broader shift in investor sentiment as traditional financial systems face mounting pressures.

Factors Driving Gold’s Rise

Several factors contribute to the recent surge in gold prices.

Key among these is the anticipated interest rate cuts by the Federal Reserve, which have led to a decline in Treasury yields and the dollar’s value. Lower interest rates diminish the returns on fixed-income assets, making gold, which does not yield interest, more attractive.

Economic data showing weaker performance and declining inflation has further pressured bond yields. As Fawad Razaqzada, a market analyst at City Index, notes, “The weakness in economic data and falling inflationary pressures boost the appeal of low- and zero-yielding assets, thereby keeping the gold outlook positive.”

The Decline of Fiat Currencies

The rising value of gold also highlights a growing disenchantment with fiat currencies.

The current fiat currency financial system, burdened by increasing debt and economic instability, appears to be nearing a critical breaking point.

This sentiment is echoed by Edmund Moy, a senior IRA strategist at U.S. Money Reserve, who points out that political uncertainty and economic underperformance in major economies like China are driving investors toward gold. “Rising gold demand and limited gold supply usually equals higher gold prices,” Moy says, emphasizing gold’s enduring appeal as a safe-haven asset.

Predictions for Gold in the Global Currency Reset

Looking ahead, the potential for a Global Currency Reset (GCR) and the Revaluation of Currencies (RV) positions gold at the center of a new financial paradigm.

As fiat currencies falter, a hybrid gold-backed currency system is emerging as a viable alternative. Ryan McIntyre of Sprott predicts a new wave of demand for gold from financial advisers and institutions, driven by increasing instability in traditional financial and monetary markets.

This optimistic outlook is based on the expectation of eventual interest rate cuts, geopolitical instability, and continued demand from central banks.

The Bottom Line

Gold’s unprecedented rise underscores a pivotal moment in the global financial landscape.

As fiat currencies show signs of distress, gold is being recognized as a stable and reliable asset. This shift is not just a temporary trend but signals a potential transformation towards a gold-backed currency system.

Investors and financial institutions are increasingly turning to gold, anticipating its critical role in the forthcoming Global Currency Reset and Revaluation of Currencies.

Contributing Articles:

 

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

 

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How Iraq’s Recent Economic Growth is Paving the Way for a Stronger IQD

How Iraq’s Recent Economic Growth is Paving the Way for a Stronger IQD

On July 16, 2024  By Awake-In-3D

Iraq’s Financial Transformation Could Mean Big Changes for Its IQD Currency

In This Article

Iraq’s Ranking in the Global Economy

Inflation and Oil Production

The Soft Power Index and Economic Diversification

Implications for the Iraqi Dinar (IQD)

Iraq’s economy is showing promising signs of growth and stability, as evidenced by its recent global and regional rankings. This economic progress could pave the way for a stronger Iraqi Dinar (IQD) and greater financial independence.

How Iraq’s Recent Economic Growth is Paving the Way for a Stronger IQD

On July 16, 2024  By Awake-In-3D

Iraq’s Financial Transformation Could Mean Big Changes for Its IQD Currency

In This Article

  • Iraq’s Ranking in the Global Economy

  • Inflation and Oil Production

  • The Soft Power Index and Economic Diversification

  • Implications for the Iraqi Dinar (IQD)

Iraq’s economy is showing promising signs of growth and stability, as evidenced by its recent global and regional rankings. This economic progress could pave the way for a stronger Iraqi Dinar (IQD) and greater financial independence.

Iraq’s Ranking in the Global Economy

According to CEOWORLD, Iraq has emerged as the fifth-largest economy among Arab nations and the 52nd largest globally in 2024.

The country’s Gross Domestic Product (GDP) for the year stands at $265.894 million, with projections indicating steady growth reaching $345.074 million by 2029. This upward trajectory places Iraq on a stable path towards economic robustness and a more influential role in the region.

Despite rising inflation concerns worldwide, the United States remains the largest economy with a GDP of $28.78 trillion, followed by China at $18.54 trillion. Germany, Japan, and India also continue to solidify their positions in the top five, each leveraging their unique economic strengths.

Inflation and Oil Production

Iraq’s economy heavily relies on its oil production capabilities, which have seen a significant boost recently.

The North Oil Company (NOC) in Kirkuk governorate reported an increase in production to over 360,000 barrels per day (bpd), with plans to reach 400,000 bpd by year-end. The Iraqi Drilling Company’s efforts to develop and rehabilitate oil wells have contributed to this growth, highlighting the sector’s potential for further expansion.

Oil expert Ali Khalil noted that while the current production represents about 50% of NOC’s potential, there is ample room for increased output. This production capability demonstrates the need for the Ministry of Oil to invest in the public sector and enhance the infrastructure, ultimately boosting revenue for Iraq’s state treasury.

The Soft Power Index and Economic Diversification

Iraq’s improved ranking in the Soft Power Index, climbing from 116th to 99th place globally, reflects its growing influence on international affairs.

The index evaluates a country’s ability to impact global decisions through its reputation, culture, governance, and economic relations. Among Arab nations, Iraq ranks fifth, following the United Arab Emirates, Saudi Arabia, Qatar, and Egypt.

Economic diversification remains crucial for Iraq’s stability. Although oil revenues account for 89% of the federal budget, there has been a notable increase in non-oil revenues, contributing 11% to the total income.

This diversification is vital for reducing the country’s vulnerability to global oil market fluctuations and fostering sustainable economic growth.

Implications for the Iraqi Dinar (IQD)

The steady economic growth and diversification efforts could have significant implications for the value of the Iraqi Dinar (IQD).

With a more stable financial system and increased non-oil revenues, Iraq is poised to enhance the value of its currency. Achieving greater economic independence and reducing reliance on U.S. influence will be key factors in this process.

Financial experts suggest that continued investment in infrastructure, particularly in the oil sector, and strategic economic policies will support the upward trajectory of the IQD.

The recent memorandum of understanding with the European Chambers of Commerce further signifies Iraq’s commitment to fostering international trade and supporting small and medium-sized enterprises.

The Bottom Line

Iraq’s economic progress is a testament to its resilience and strategic planning. As the country continues to enhance its financial system and diversify its economy, the potential for a stronger IQD becomes more tangible.

With continued efforts towards economic independence and stability, Iraq is on the right path to achieving significant fiscal success and a more influential global presence.

Supporting Articles:

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© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

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Can This Dethrone the US Dollar? What You Need to Know About the New Financial Currency System

Can This Dethrone the US Dollar? What You Need to Know About the New Financial Currency System

On July 15, 2024  By Awake-In-3D

Learn why this new Alternative Financial System is creating a game-changing currency framework focused on gold and oil.

The US Dollar, and the global fiat currency system it maintains, wield immense financial power and control over the world. Few dare to challenge this formidable financial fortress.

That said, the BRICS Alliance is actively building a new, Alternative Financial System right before our eyes.

This innovative system, with its unique focus and sound design, aims to compete with and challenge the 100-year global dominance of the US Dollar and the entire fiat currency system.

Can This Dethrone the US Dollar? What You Need to Know About the New Financial Currency System

On July 15, 2024  By Awake-In-3D

Learn why this new Alternative Financial System is creating a game-changing currency framework focused on gold and oil.

The US Dollar, and the global fiat currency system it maintains, wield immense financial power and control over the world. Few dare to challenge this formidable financial fortress.

That said, the BRICS Alliance is actively building a new, Alternative Financial System right before our eyes.

This innovative system, with its unique focus and sound design, aims to compete with and challenge the 100-year global dominance of the US Dollar and the entire fiat currency system.

The BRICS Alliance is harnessing their collective economic power, emphasizing physical resource-backed currency stability, and reducing dependency on debt. They are aggressively accumulating gold and increasingly settling trades in their local currencies.

This shift redefines the global financial landscape and disrupts the longstanding USD hegemony and the global fiat currency system as a whole.

In This Article

  1. Formidable Strength of the US Dollar-Based System: Analyzes the entrenched power and influence of the USD.

  2. Emergence of the Alternative Global Financial System: Examines the rise of the BRICS alliance and its new financial framework.

  3. Structural Strength and Stability of BRICS: Details the foundational pillars of the BRICS financial system.

  4. Energy as the Financial Backbone: Explores the role of energy resources in the new financial order.

The Formidable Strength of the Current US Dollar-Based Financial System

The US dollar (USD) has long stood as a pillar of global financial power. It is the world’s primary reserve currency, with 80% of global foreign exchange transactions involving the USD.

The dollar’s dominance is supported by several key factors:

  • Reserve Currency Status: The USD’s role as the primary reserve currency means that central banks around the world hold vast reserves of dollars, underpinning global trade and finance.

  • Global Financial Systems: The USD dominates global financial systems like SWIFT, Eurodollar markets, and derivative and petrodollar markets. These systems facilitate international trade and investment, reinforcing the dollar’s central role.

  • Federal Reserve’s Influence: The Federal Reserve, with its exclusive power to print USD, maintains control over global liquidity. This unique position allows the US to manage economic crises and influence global financial markets effectively.

  • Debt and Print Cycle: The USD’s strength is bolstered by its ability to be printed and lent into existence. This “debt and print” cycle creates a dependency on the dollar for liquidity, entrenching its dominance.

Despite its imperfections, the USD remains today as an insurmountable fortress of financial power and control. Its influence permeates every corner of the global economy, making it difficult to challenge.

Emergence of the Alternative Global Financial System

In a world dominated by the USD, the BRICS alliance is developing an alternative global financial system.

This system, designed to circumvent the limitations and risks of the fiat currency framework, leverages local currencies and gold for trade settlements. The BRICS nations aim to reduce the volatility and dependency associated with fiat currencies, creating a robust financial framework.

  • Local Currencies and Gold: The BRICS financial system emphasizes trade settlements in local currencies and gold. This reduces the risk of currency fluctuations and dependence on the USD.

  • Resource-Backed Stability: The BRICS countries are rich in natural resources, particularly energy. By linking their financial system to tangible assets like gold and oil, they provide a more stable and reliable economic foundation.

  • Reduced Debt Dependency: The alternative system minimizes reliance on debt for liquidity, contrasting with the USD’s “debt and print” cycle. This approach fosters financial discipline and sustainability.

Structural Strength and Stability of BRICS

The strength of the BRICS financial system lies in its emphasis on resource-backed stability and reduced debt dependency. By settling trades in local currencies and gold, the BRICS nations mitigate the risks posed by currency fluctuations and external economic pressures.

This approach fosters financial discipline and long-term sustainability, positioning the BRICS system as a viable competitor to the USD.

Energy as the Financial Backbone

Energy resources, especially oil, play a crucial role in the BRICS financial strategy.

With rising global energy demand, particularly from populous nations like China and India, the preference for settling oil transactions in gold or local currencies is growing. This trend not only undermines the dollar’s dominance in global trade but also enhances the stability and resilience of the BRICS financial system.

Challenges to USD Dominance

Despite the dollar’s entrenched position, several factors indicate that the BRICS alternative global financial system could pose a significant challenge:

  • Global Distrust in the USD: Actions like the weaponization of the USD against countries like Russia have eroded trust in the dollar as a neutral reserve asset. This distrust fuels the search for alternatives.

  • Shifts in Trade Practices: An increasing number of countries are conducting trade outside the USD framework. For instance, in 2023, 20% of global oil sales were settled in currencies other than the USD, reflecting a significant shift in trade practices.

  • Accumulation of Gold: Since the 2008 Global Financial Crisis, many central banks, particularly in BRICS nations, have been accumulating gold, moving away from USD-denominated assets. This trend is bolstered by the Bank of International Settlements’ recent recognition of gold as a tier-one asset.

The Long-Term Vision

The BRICS alliance’s vision extends beyond mere competition with the USD. It aims to create a more balanced and equitable global financial system, reducing the disproportionate influence of any single currency.

By leveraging their collective economic power and resource wealth, the BRICS nations are laying the groundwork for a resilient and self-sufficient financial ecosystem.

The Bottom Line

The US dollar’s long-standing dominance is facing a formidable challenge from the BRICS alliance and its alternative global financial system.

Built on the principles of resource-backed stability, reduced debt dependency, and strategic use of local currencies and gold, the BRICS system represents a significant shift in the global financial landscape.

As the world moves towards a more balanced and equitable financial order, the question remains: will the enduring value of gold and energy resources redefine the future of global finance, potentially at the expense of the USD’s supremacy?

Only time will tell.

Contributing Article: https://vongreyerz.gold/is-the-usd-really-too-big-to-fail

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

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“Endgame GCR” Podcast with Awake-In-3D and Marie G: Episode 1

“Endgame GCR” Podcast with Awake-In-3D and Marie G: Episode 1

On July 13, 2024 By Awake-In-3D

A Complete overview of the systems, components and triggers for the RV/GCR are discussed in detail in this episode of Endgame GCR

The “Endgame GCR” podcast, hosted by Awake In 3D and Marie G, is a series dedicated to exploring topics related to the global currency reset (GCR) and currency revaluation (RV).

The show aims to cover a wide range of subjects, from the infrastructure of the GCR financial system to potential trigger events such as the introduction of a new BRICS common trade currency.

“Endgame GCR” Podcast with Awake-In-3D and Marie G: Episode 1

On July 13, 2024 By Awake-In-3D

A Complete overview of the systems, components and triggers for the RV/GCR are discussed in detail in this episode of Endgame GCR

The “Endgame GCR” podcast, hosted by Awake In 3D and Marie G, is a series dedicated to exploring topics related to the global currency reset (GCR) and currency revaluation (RV).

The show aims to cover a wide range of subjects, from the infrastructure of the GCR financial system to potential trigger events such as the introduction of a new BRICS common trade currency.

The main goal of the “Endgame GCR” podcast is to combine traditional financial insights with modern FinTech developments, helping listeners understand the practical implications of GCR-related changes on their daily lives.

Each episode will focus on specific topics, with the hosts striving to present balanced and practical insights.

Key Points Discussed in this Episode of Endgame GCR

  1. Introduction to the Alternative Financial System: The discussion begins with an explanation of the alternative financial system, emphasizing its gold component and decentralized finance (DeFi) base. This system incorporates blockchain, smart contracts, and transparency.

  2. Role of DeFi and Distinction from CBDC: DeFi allows everyday people and businesses to operate in a free market without central banking constraints, unlike CBDCs controlled by central banks. The global nature of DeFi means it operates beyond jurisdictional limits.

  3. Characteristics and Advantages of the Alternative System: The alternative system operates outside the fiat currency debt system, utilizing advanced technology. Its attractiveness lies in its efficiency, low cost, and ability to perform direct peer-to-peer transactions without intermediaries like banks.

  4. BRICS Alliance and New Financial System: The BRICS Alliance is developing a new financial system, including a common trade currency called the unit (UNT). This system is designed to be open and not controlled by any single country, ensuring fairness and equality in global trade.

  5. Details and Structure of the Unit (UNT): The unit (UNT) is 40% gold-backed and 60% backed by a basket of currencies from participating countries. This structure aims to provide stability and intrinsic value, reducing the risk of currency manipulation.

  6. Impact on the US Dollar and Fiat System: The launch of the UNT and the new financial system will likely lead to a decreased reliance on the US dollar, accelerating its devaluation. The transition will be gradual, with potential bugs to work out, and will pressure the G7 countries to adapt.

  7. Potential Responses from the US and Europe: The US is expected to resist joining the BRICS system, while Europe is more prepared for a transition to a gold-backed system. European countries have significant gold reserves and are better positioned for the shift.

  8. Preparation in Europe: Several European countries have been preparing for a gold-backed currency for years, with strategic reserves relative to their GDP. This readiness contrasts with the US’s slower progress.

  9. Political Challenges in the US: The US faces political gridlock that could delay its adaptation to new financial systems. This inefficiency contrasts with Europe’s more proactive measures.

  10. Conclusion on the GCR and RV Opportunity: Both hosts believe in the GCR and RV opportunities and aim to provide clear, practical insights. They emphasize the necessity of global systems, legal frameworks, and a gradual transition to support these changes.

11.  The podcast is designed to provide listeners with deep dives into various aspects of the GCR and RV, offering different perspectives to help form comprehensive and informed opinions.

About the Hosts

Marie G joined the GCR community in 2021. Initially focusing on digital assets and FinTech, she owns and operates a Telegram site called GCR True News, covering financial changes, gold and silver markets, and global banking regulations.

Awake In 3D is the founder and owner of GCR Realtime News on Telegram, X/Twitter, and ai3d.blog. With involvement in GCR-related activities since 2010, Awake In 3D brings a macro perspective shaped by experiencing various financial events and crises over the decades.

Awake In 3D offers a broad view informed by extensive research and knowledge of traditional financial markets, while Marie G provides comprehensive insights from the FinTech and digital asset industry, focusing on their impact on everyday people.

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/endgame-gcr-podcast-with-awake-in-3d-and-marie-g-episode-1/

~~~~~~~~~~

Endgame GCR Podcast: Episode 01

Awake In 3D and Marie G. discuss the systems, components and triggers for a Global Currency Reset (RV/GCR) and the collapse of the current financial system.

https://rumble.com/v56re7p-endgame-gcr-podcast-episode-01.html?mref=3rzr0s&mc=61ib6

 

 

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Japanese Yen Meltdown Sparks Financial Panic: Awake-In-3D

Today’s Japanese Yen Meltdown Sparks Financial Panic

On June 26, 2024  By Awake-In-3D

Global Markets in Turmoil as Yen Crashes to Historic Level Against the US Dollar

In This Article:

Japan Government Prepares for Massive Yen Intervention

Impact on Gold, Oil, and Bond Markets

Concerns Over Global Financial Contagion

Expert Opinions on the Yen’s Future

Today’s Japanese Yen Meltdown Sparks Financial Panic

On June 26, 2024  By Awake-In-3D

Global Markets in Turmoil as Yen Crashes to Historic Level Against the US Dollar

In This Article:

  1. Japan Government Prepares for Massive Yen Intervention

  2. Impact on Gold, Oil, and Bond Markets

  3. Concerns Over Global Financial Contagion

  4. Expert Opinions on the Yen’s Future

The Japanese yen has tumbled to its weakest value since 1986 following comments from Japan’s Vice Finance Minister Masato Kanda. This historic decline comes despite government recent efforts to stabilize the currency, raising concerns about a global financial contagion.

Japan Government Prepares Massive Intervention

Vice Finance Minister Masato Kanda expressed serious concern over the yen’s rapid depreciation, labeling the moves as “one-sided.”

He reassured the public that the government is closely monitoring the market with a high sense of urgency.

Kanda emphasized that all necessary actions would be taken against any excessive movements, though he refrained from commenting on whether the current situation qualified as excessive.

Earlier statements by Kanda indicated that Japanese authorities were ready to intervene in the currency markets at any time. Finance Minister Shunichi Suzuki echoed this sentiment, stating that all possible measures would be taken to manage market developments.

Despite these reassurances, the yen’s value continued to slide, prompting further market volatility.

Pic 2

Yen Plummets to Historic Level Today: Rising Above 160 Yen to the US Dollar

Impact on Gold, Oil, and Bond Markets

The yen’s depreciation against the dollar creating a cascading effect on various markets today.

The stronger dollar has triggered significant selling in gold, oil, and treasury bonds. Investors are reacting to the uncertainty and potential for further market disruptions, resulting in increased volatility across global financial markets.

Gold, traditionally seen as a safe-haven asset, saw its value drop as the dollar strengthened.

Similarly, oil prices were impacted, with fears of a broader economic slowdown weighing on demand.

The bond market also experienced turbulence, with Japanese interventions reportedly funded through the sale of US treasuries.

Concerns Over Global Financial Contagion

The continued weakening of the yen has sparked fears of a broader global financial contagion.

Japan’s extensive, but unsuccessful interventions in the currency market have raised eyebrows internationally, particularly in the US.

The US Treasury Department recently added Japan to its “monitoring list” for foreign-exchange practices, reflecting growing concern over the potential impacts of Japan’s actions on global markets.

Experts worry that a collapse of the yen could trigger a domino effect, destabilizing other currencies and markets worldwide.

The inter-connected nature of global finance means that significant movements in one major currency can have far-reaching consequences, including leading to a global financial crisis.

Expert Opinions on the Yen’s Future

Market analysts are divided on the yen’s future trajectory. Some suggest that Japanese authorities might intervene if the yen’s value exceeds 160 against the dollar. While others suggest that authorities might wait for even more volatility before stepping in again.

Despite these differing views, the consensus remains that the yen’s path forward is fraught with uncertainty.

The government’s current measures appear woefully insufficient to stem the tide, and further much more drastic interventions will be necessary to prevent a complete collapse of the Yen.

The Bottom Line

The yen’s decline to its weakest level since 1986 has set off alarm bells in global markets. Despite reassurances from Japanese officials, the currency’s rapid depreciation has highlighted the limitations of government interventions.

As fears of a global financial contagion grow, the yen’s future remains uncertain, with increasing ramifications for markets and economies worldwide.

Contributing article: https://www.zerohedge.com/markets/yen-tumbles-1986-lows-after-japanese-currency-chief-comments-gold-oil-bonds-dump

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

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Pope Calls for New Financial System and Debt Jubilee: Supports BRICS Gold-Backed Currencies

Pope Calls for New Financial System and Debt Jubilee: Supports BRICS Gold-Backed Currencies

On June 26, 2024  By Awake-In-3D

Pope Francis Aligns with BRICS+ in Bold Financial Reform Proposal

In This Article

Pope Francis’ urgent appeal to global finance ministers and economists

The need for a new international financial architecture

The 2025 Jubilee Year as a catalyst for debt relief

Insights on the pope’s economic perspective

Pope Calls for New Financial System and Debt Jubilee: Supports BRICS Gold-Backed Currencies

On June 26, 2024  By Awake-In-3D

Pope Francis Aligns with BRICS+ in Bold Financial Reform Proposal

In This Article

  • Pope Francis’ urgent appeal to global finance ministers and economists

  • The need for a new international financial architecture

  • The 2025 Jubilee Year as a catalyst for debt relief

  • Insights on the pope’s economic perspective

As the global fiat currency debt system faces undeniable collapse, Pope Francis has made a powerful appeal supporting international mechanisms for debt relief ahead of the Vatican’s 2025 Jubilee Year.

He lamented that poorly managed globalization has deprived millions of a dignified future.

In order to try to break the debt-financing cycle, it is necessary to create a multinational mechanism, based on the solidarity and harmony of peoples, that takes into account the global nature of the problem and its economic, financial and social implications.
Pope Francis, June 5th 2024

“We find ourselves facing a debt crisis that mainly affects the countries of the south of the world, generating misery and anguish, and depriving millions of people of the possibility of a dignified future,” said Francis on June 5. “Consequently, no government can morally demand that its people suffer deprivations incompatible with human dignity.”

The pope called for a new international financial architecture to break the financial-debt cycle that has contributed to a current global debt now estimated at $313 trillion.

He is likely referring to and putting his support behind the ongoing BRICS+ development of a new gold-backed currency and financial system when he speaks of the “Global South.”

Pope Francis’ Call to Action

Francis’ remarks were delivered during a meeting with participants in the “Addressing the Debt Crisis in the Global South” conference.

Organized by the Pontifical Academy of Social Sciences, the conference included some 50 finance ministers, economists, and international development agency heads.

The meeting comes as major legislation is being considered in New York and the United Kingdom on sovereign debt restructuring.

It occurs at a time when both church leaders and development groups are pushing for greater foreign debt relief, coinciding with the upcoming 2025 Jubilee Year, a once-every-quarter-century event that includes the Biblical tradition of forgiving debts.

“For this reason, dear friends, the Holy Year of 2025, to which we are heading, calls us to open our minds and hearts to be able to untie the knots of the ties that strangle the present, without forgetting that we are only custodians and stewards, not masters,” Francis told conference participants.

The Need for a New Financial System

Eric LeCompte, the leader of Jubilee USA, a network of religious and development groups advocating for international debt relief, described the pope’s remarks as “powerful and forceful.”

LeCompte, who attended the Vatican conference, noted that “secular institutions are aware that 2025 is a Jubilee Year” and are interested in using it to push new policies for a better global financial model.

 “Debt can no longer be disconnected from the broader economic stability of nations,” said LeCompte. He believes that the pope has always understood this connection, as evidenced by his proactive stance on economic reform.

“The north really owes a debt to the south because we took all of their resources and fueled industrialization,” he said. “We took from them and now we owe them a debt to be able to ensure their economic stability.”

The Impending Collapse of the Fiat Currency System

In his June 5 remarks to economists and financial leaders, Francis emphasized the need for a multinational mechanism for dealing with debt to counteract an “every man for himself” attitude, where “the weakest always lose.”

According to LeCompte, what the pope is really demanding is a “global transformation of our financial system” to address the collapse of the current fiat currency debt system.

While Francis is building on the teachings of Popes John Paul II and Benedict, LeCompte pointed out that Francis speaks from direct experience, having faced long-standing economic crises during his time as Archbishop of Buenos Aires.

“He stared down the barrel of a gun from these vulture funds in Argentina … and led his country through the greatest economic crisis the country had ever faced,” said LeCompte. “He has a direct understanding of these issues, saw what they did and saw what inequities in the financial system do to developing countries.”

The Bottom Line

Pope Francis’ call for a new financial system and a global debt jubilee ahead of the 2025 Jubilee Year is a clarion call for economic justice.

His emphasis on the interconnectedness of global financial stability highlights the moral imperative for global financial leaders to act.

The ongoing collapse of the global fiat currency debt system underscores the urgency of his appeal, as the world can no longer deny or wish away these critical issues.

The BRICS+ development of a new gold-backed currency and financial system offers a tangible solution, aligning with the pope’s vision for the future.

Contributing article: https://www.ncronline.org/vatican/vatican-news/ahead-2025-jubilee-pope-francis-rallies-global-finance-heads-back-debt-relief

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

 

 

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New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC

New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC

On June 23, 2024   By Awake-In-3D

Learn why the BRICS UNIT token currency is unlike anything you’ve heard about before.

In This Article

What is the BRICS UNIT Token?

Is the BRICS UNIT a Cryptocurrency?

Is the BRICS UNIT a Stablecoin?

Is the BRICS UNIT a CBDC?

What are Blockchain Nodes in the new BRICS UNIT Financial System?

What is the BRICS UNIT’s Role?

New BRICS Gold Token: Not a Cryptocurrency, Stablecoin, or CBDC

On June 23, 2024   By Awake-In-3D

Learn why the BRICS UNIT token currency is unlike anything you’ve heard about before.

In This Article

  • What is the BRICS UNIT Token?

  • Is the BRICS UNIT a Cryptocurrency?

  • Is the BRICS UNIT a Stablecoin?

  • Is the BRICS UNIT a CBDC?

  • What are Blockchain Nodes in the new BRICS UNIT Financial System?

  • What is the BRICS UNIT’s Role?

I get it. The revolutionary and groundbreaking makeup of the new BRICS+ gold-backed currency token (the UNIT) and its financial ecosystem is confusing.

This article explains what the UNIT token is, and how it differs from cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs).

What is the BRICS UNIT Token?

The UNIT token is a unique digital asset that is the definition of “real money”.

Combining both a stable store of value without the depreciation of fiat currencies like the US Dollar but also be fungible medium of exchange like a currency.

Unlike traditional cryptocurrencies or stablecoins, the value of the UNIT token is based on a basket of underlying assets, based on a 40% gold component and 60% local currencies component.

This combination gives the UNIT token a stable intrinsic value while being flexible and fungible for everyday transactions.

Is the BRICS UNIT a Cryptocurrency?

Cryptocurrencies, like Bitcoin, derive their value from supply and demand without being backed by physical assets.

The UNIT token, however, derives its value from a mix of gold and local currencies. This basket of assets ensures that the value of the UNIT token is more stable than that of typical cryptocurrencies, making it highly reliable for everyday use.

Is the BRICS UNIT a Stablecoin?

Stablecoins are designed to maintain a fixed value by being pegged to a fiat currency, like the US dollar.

The UNIT token, while also backed by assets, does not have a fixed value. Its value fluctuates based on the total value of its underlying assets and market demand.

This means the UNIT token is not a stablecoin, as it lacks the reverse conversion mechanism that stabilizes a stablecoins’ value.

Is the BRICS UNIT a CBDC?

Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and regulated by the central bank.

The UNIT token, however, operates on a Decentralized Autonomous Organization (DAO) structure, which means it is governed by a community of users (node operators) rather than a central authority.

This decentralized nature differentiates the UNIT token from CBDCs, ensuring it remains an apolitical and globally accessible digital currency.

What are Blockchain Nodes in the new BRICS UNIT Financial System?

In the UNIT ecosystem, individual countries that join the currency and financial network operate their own independent blockchain nodes.

These nodes ensure the decentralized and distributed nature of the UNIT token, enhancing security and reliability. Each participating country maintains control over its node, contributing to the overall resilience and integrity of the UNIT network.

This structure allows for a collaborative yet autonomous participation in the global UNIT financial ecosystem.

What is the BRICS UNIT’s Role?

The UNIT token will function as money, offering a stable medium of exchange, a unit of account, and a store of value. These are the four primary pillars of an ideal economic and financial system offering equality, fairness and prosperity for all participants.

Unlike stablecoins, which are often used as a bridge in transactions, the UNIT token is a final stage currency. It will complement local currencies rather than replace them, providing a more stable and reliable alternative for trade and investment.

The Bottom Line

The UNIT token is a decentralized, asset-backed digital currency offering the benefits of both traditional money and digital assets.

Its unique structure and intrinsic value make it a promising tool for modern financial transactions, standing apart from cryptocurrencies, stablecoins, and CBDCs.

Its operation within a DAO framework and the use of independent blockchain nodes by participating countries ensure it remains decentralized and robust, making it a viable and innovative financial instrument.

Supporting article: https://brics-plus-analytics.org/how-does-the-brics-currency-transform-the-world-economy/

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

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New BRICS+ Currency Is the Key to Global Financial Prosperity

New BRICS+ Currency Is the Key to Global Financial Prosperity

On June 22, 2024 By Awake-In-3D

Discover how the UNIT Ecosystem’s innovative design will trigger a global currency reset, leveraging 2.5X the purchasing power of its intrinsic gold-backing.

In This Article

The Superior Purchasing Power of UNIT-Based Currencies

Explaining the UNIT’s 2.5X Purchasing Power Leverage of Gold

Mechanisms Behind the Global Currency Reset and Revaluation

The Long-Term Impact on Global Trade and Investments

New BRICS+ Currency Is the Key to Global Financial Prosperity

On June 22, 2024 By Awake-In-3D

Discover how the UNIT Ecosystem’s innovative design will trigger a global currency reset, leveraging 2.5X the purchasing power of its intrinsic gold-backing.

In This Article

  1. The Superior Purchasing Power of UNIT-Based Currencies

  2. Explaining the UNIT’s 2.5X Purchasing Power Leverage of Gold

  3. Mechanisms Behind the Global Currency Reset and Revaluation

  4. The Long-Term Impact on Global Trade and Investments

Trust and confidence in traditional G-7 fiat currencies is waning as their purchasing power evaporates into unsustainable debt.

However, the new UNIT ecosystem offers a revolutionary financial system solution with its gold-backed UNIT tokens, providing superior purchasing power, store of value, and stability.

Unlike traditional fiat currencies, UNIT tokens leverage their intrinsic gold collateral, making them a more reliable and economically efficient option for international trade and transactions.

Countries that participate in the UNIT Ecosystem will see their native currencies revalue higher than traditional fiat currencies in terms of purchasing power (exchange rate valuation).

The Superior Purchasing Power of UNIT-Based Currencies

UNIT-based currencies derive their superior purchasing power and stability from their unique design and gold backing. Here are the key reasons why UNIT-based currencies have higher value than traditional G-7 fiat currencies:

  1. Gold-Backed Stability: UNIT tokens are anchored to a basket containing 40% gold, providing intrinsic value. This backing ensures that UNIT-based currencies are more stable and less susceptible to inflation and geopolitical risks compared to fiat currencies.

  2. Leverage Over Gold Collateral: By minting UNIT tokens with 60% local currencies and 40% gold, the ecosystem offers x2.5 leverage over the gold collateral. This leverage enhances the purchasing power of UNIT tokens, making them more valuable than pure fiat currencies.

  3. Reduced Transaction Costs: The UNIT ecosystem reduces the full economic costs associated with cross-border payments in local currencies, which can approach 10%. These costs include commissions, exchange rate differences, and working capital expenses. Lower costs translate to higher effective value for those using UNIT tokens.

  4. Economic Benefits for Trade: Importers benefit from reduced transactional costs, while exporters gain from the stability of financial flows. The stability and lower costs of using UNIT tokens in cross-border trade increase their purchasing power compared to traditional fiat currencies.

Explanation of the UNIT’s 2.5x Leverage Over Gold Collateral

The 2.5x leverage over gold collateral in the UNIT ecosystem allows for the creation of UNIT tokens that have greater economic value and purchasing power than the actual gold backing them.

Here’s what the UNIT Token is made up of:

  • Gold Collateral: Each UNIT token is backed by a basket that includes 40% gold. This means that for every UNIT token issued, there is a certain amount of gold held as collateral to guarantee the token’s value.

  • Leverage Mechanism: By accepting 60% of the value in local currencies from the Global South and 40% in gold, the ecosystem effectively multiplies the value of the gold collateral. For every unit of gold value, the system issues tokens worth 2.5 times that value.

This leverage allows the UNIT ecosystem to create more value from the gold it holds. For instance, if the gold collateral is worth $1 million, the system can issue UNIT tokens valued at $2.5 million.

The leveraged value means that UNIT tokens can facilitate larger transactions and carry greater purchasing power than the actual amount of gold held. This makes UNIT tokens more efficient for use in cross-border trade and other economic activities.

By leveraging the gold collateral, the UNIT ecosystem maximizes the economic utility of the gold, enabling more significant economic activity without requiring equivalent physical gold reserves for every transaction.

Mechanisms Behind the Global Currency Reset and Revaluation

The UNIT ecosystem’s innovative design facilitates a global currency reset and revaluation. Here’s how it works:

  1. Gold Collateral: Minting UNIT tokens with local currencies and gold provides a stable, leverage-backed currency for international transactions.

  2. Enhanced Value: The intrinsic value from gold backing and reduced transaction costs make UNIT tokens more valuable than traditional fiat currencies.

  3. Plug-and-Play Solution: The ecosystem integrates seamlessly with existing financial infrastructure, minimizing complexity and reducing reliance on political or regulatory solutions.

  4. Increased Circulation: As UNIT tokens circulate more widely, economies of scale will accrue, enhancing the ecosystem’s attractiveness and further increasing the purchasing power of UNIT-based currencies.

The Long-Term Impact on Global Trade and Investments

The UNIT ecosystem’s stable and apolitical nature, combined with its advanced technological solutions, will foster global economic growth and stability. Here are the expected long-term impacts:

  1. Reduced Risk: UNIT’s stable value will lower the risk for all parties involved in trade and capital transactions.

  2. Facilitate Development: The ecosystem will support the growth of an indigenous capital base in the Global South, reducing dependence on external sources.

  3. Enhanced Balance-of-Payments: The introduction of UNIT for cross-border trade will positively impact the balance-of-payments for the Global South due to its stability and lower transaction costs.

  4. Promote Integration: Diverse participants will integrate into the UNIT ecosystem, creating a level playing field and facilitating long-term investment and development.

The Bottom Line

The UNIT ecosystem offers a revolutionary solution to the trust crisis in global finance. By anchoring UNIT tokens to gold and providing a stable, adaptable currency, the ecosystem will spark a global currency reset and revaluation.

This change promises to enhance global trade, reduce economic risks, and promote sustainable development, particularly in non-G7 countries.

Supporting article: https://winepressnews.com/2024/05/20/brics-discusses-accepting-the-unit-a-new-decentralized-monetary-system-backed-by-gold-and-local-currencies/

=======================================

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog

Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews

Follow me on Twitter: @Real_AwakeIn3D

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