Michael Gayed (@leadlagreport), Portfolio Manager of Tidal Financial Group, discusses the "currency crisis" that is already here, and what happens next to markets.

0:00 – Intro

1:30 - Market reaction to Middle East war

6:00 - Treasuries sell-off

6:55 - Gold is sending a warning

This Week Will Be ‘Nuts’: Forced Sell-Off Of All Assets As War, Currency Crisis Unfold

David Lin: 4-15-2024

Michael Gayed (@leadlagreport), Portfolio Manager of Tidal Financial Group, discusses the "currency crisis" that is already here, and what happens next to markets.

0:00 – Intro

1:30 - Market reaction to Middle East war

6:00 - Treasuries sell-off

6:55 - Gold is sending a warning

8:21 - Yields vs stocks

12:30 - Collapsing stocks and wealth effect

15:48 - Gold vs. Bitcoin

18:20 - Where is the "safe" asset?

20:31 - Currency crisis is here

23:30 - Small vs. large caps

24:45 - Lumber-gold ratio

27:07 - Credit event

29:44 - Asset class correlations

33:07 - Housing

35:33 - Nuclear war

39:50 - Lead-Lag Report

https://www.youtube.com/watch?v=6nfowgNFwe8

Fed Planning Major Economic Reset To Lower Inflation

Ken McElroy: 4-15-2024

Ken McElroy and Danille McElroy dig into the inflation numbers and highlight the counterintuitive idea that the Fed needs to cut interest rates to stimulate greater housing market activity, representing nearly 40% of the Consumer Price Index.

https://www.youtube.com/watch?v=e8gHJUlXlUo

Economic Regret: France Buys MORE Russian LNG, Italy Runs To China For Trade, Scholz In China

Sean Foo: 4-15-2024

Europe is having big economic regrets with reality hitting France, Italy and Germany. France is still buying Russian LNG, in fact, Macron is increasing volumes.

Italy is also heading to China to repair trade relations after ditching the Belt Road project. Meanwhile, Scholz is in Beijing trying to rescue the German economy.

Here's what you must know!

Timestamps & Chapters:

0:00 France Buys More Russian LNG

3:09 Europe Needs Cheap Energy

6:14 Italy Pivots To China

9:42 Scholz In China

12:28 Europe Still Needs China

https://www.youtube.com/watch?v=k9uxmPfeD4s

Dinar Recaps 20 4/15/24 Dinar Recaps 20 4/15/24

Monday Evening Short Update with MarkZ 4-15-2024

Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

MZ: A really tough travel day or two. I will keep it short and give a quick update. I’m in Brazil for an event. Charlie Ward and I are key note speakers…..And won’t return home to PR until next Monday.

MZ: Should be a normal week from now on.

MZ: I have been telling you for awhile that the bond folks have expectations of things starting from between the 15th to the 22nd.

MZ: And we were told from day one that bonds need to be close to completion or well underway before they pull the trigger….Hopefully we will know by tomorrow if bonds kick off- from European contacts.

Evening News with MarkZ

Some highlights by PDK-Not verbatim

MZ: Should be a normal week from now on.

MZ: I have been telling you for awhile that the bond folks have expectations of things starting from between the 15th to the 22nd.

MZ: The first bond movement we hear is slated for tomorrow afternoon …So we should hear by then .

MZ: I honestly thought I would get to break this news, but Frank beat me to it. (Thanks to Frank26) Sudani ‘s travels are very interesting here in the US. He is going to Texas where the CBI keeps servers…and he is going to Michegan where there is a large population of Iraqis there….dispelled from the war. And also in Dearborn they will be adding a Warka bank location. To handle exchanges for Iraqis in Michegan.

MZ: Sudani traveling to Texas and Michegan is big. He is also going to California…this surprised me the most. I am hearing he is to meet with someone named Robert who is a signatory for Chinese banking elders. This is very interesting –what we are watching. .

Member: Sudani has 130 people with him…a huge entourage.

MZ: Includiing many important people from the Finance ministry and the CBI.

MZ: Things are looking positive for the next week. Calling it a night and tomorrows schedule will be much more normal. See you then.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=HXBu58WtLdY

Dinar Recaps 20 4/15/24 Dinar Recaps 20 4/15/24

More News, Rumors and Opinions Monday Afternoon 4-15-2024

KTFA:

Clare: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tomorrow in Basra

4/15/2024

The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.

Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.

KTFA:

Clare: With the participation of 100 companies from 13 countries...the oil, gas and energy exhibition activities will start tomorrow in Basra

4/15/2024

The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.

He added, "There are more than 100 local, Arab and international companies from 13 countries, including Iraq, Switzerland, the United States, China, Saudi Arabia, Turkey, Iran, France, Japan, Britain, Egypt, and the Emirates, with various specializations in oil and energy industry technology. They will participate in the exhibition."

Majeed pointed out that The exhibition will be open to visitors from eleven in the morning until five in the evening. LINK

************

Clare: Internal Affairs: The national card will be the basis for all transactions

4/12/2024 Baghdad

The Ministry of Interior confirmed on Friday that the national card will be the basis for all transactions.

The Director General of Civil Status, Passports and Residence, Major General Nashat Ibrahim Al-Khafaji, said, “There is prior coordination with the Ministry of Commerce and Planning and the Election Commission so that the national card is the basis for all transactions.”

He pointed out that "the basis of electronic governance in the national card is that its data is real, in addition to the presence of a face image, eye print, and fingers, and all of these things were not present in the status records."

Al-Khafaji added, "Any citizen can be easily identified in the national card system, so the Prime Minister and the Minister of Interior paid great attention to the project and the cadres are able to register all Iraqis." LINK

************

Courtesy of Dinar Guru: https://www.dinarguru.com/

Militia Man [Sudani] is going to need some exceptional strength, which is exchange rate oriented to do business deals with the likes of GE...big oil companies...big solar energy...They're looking to get people in the steel industry, rebar industry, cement companies because they're going to need more than Iraq has on the ground. They're going to want the support from around the world and Al-Sudani is stating he's ready for business and opening to the world.

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani is visiting Washington, Michigan and Texes while in the United States of America. FRANK: Understand the seriousness of this trip. It's not to go see some guy at the White House. It's to go lay out the groundwork for both of their reforms.

BREAKING NEWS Iraqi PM in Washington DC 2

Edu Matrix: 4-15-2024

https://www.youtube.com/watch?v=y6mB8JKgqGc

BREAKING POINT: The CRISIS in Middle East will Crash Global Crude Oil Market in Strait of Hormuz

Lena Petrova: 4-15-2024

https://www.youtube.com/watch?v=ykpxKcr8MCk

DINARRECAPS8 4/15/24 DINARRECAPS8 4/15/24

Currency Insider Iraqi Dinar – Dong Monday AM 4-15-24

Currency Insider Iraqi Dinar – Dong Monday AM 4-15-24

Finally Exchange Rate Out After IMF Meeting – 2:23

Iraq has completed it’s homework now it’s time to cash out – 2:37

Vietnam Dong Rate Massive Rise – 1:09

Iraqi dinar Investors it’s your time be ready for millionaires – 2:04

Currency Insider Iraqi Dinar – Dong Monday AM 4-15-24

Finally Exchange Rate Out After IMF Meeting – 2:23

Iraq has completed it’s homework now it’s time to cash out – 2:37

Vietnam Dong Rate Massive Rise – 1:09

Iraqi dinar Investors it’s your time be ready for millionaires – 2:04

Finally Exchange Rate Out After IMF Meeting – 2:23

https://www.youtube.com/watch?v=MhtKrCSi-ds

Iraq has completed it’s homework now it’s time to cash out – 2:37

https://www.youtube.com/watch?v=rK5ZFQvqkFM

Vietnam Dong Rate Massive Rise – 1:09

https://www.youtube.com/watch?v=6S_CZSmZ51g

Iraqi dinar Investors it’s your time be ready for millionaires – 2:04

https://www.youtube.com/watch?v=Am8k38r1PTg

Dinar Recaps 20 4/15/24 Dinar Recaps 20 4/15/24

Thoughts From DJ: "Conspiracy Theories" 4-15-2024

DJ: DID YOU KNOW? Conspiracy Theories

Is the whole enigma of the GCR/RV/Historical Asset Redemption nothing more than a conspiracy theory? If so, to what end is it being spread?

Conspiracy theories can work both ways. It can be a theory of good things to come or a theory of nefarious plotting. At least I get the nefarious plotting concepts. It’s easy to see the end goal of spreading a conspiracy to maneuver people to your way of thinking, whatever that agenda may be. But conspiracy theories of “good things to come” appear to have no agenda other than benefits for all.

Is it to keep the masses dwelling on the hope of a better future in order to distract us from the nefarious activities secretly manipulating our lives? Is there such a thing as a conspiracy theory about a conspiracy theory?

DJ: DID YOU KNOW? Conspiracy Theories

Is the whole enigma of the GCR/RV/Historical Asset Redemption nothing more than a conspiracy theory? If so, to what end is it being spread?

The world hates the truth and all that share it, to the point that if you share truth you will eventually be hated by the world, if you’re not already. The small-minded and insecure of the world will always find somebody to hate. And with some equally dumb reason to hate them.

These are the people who treat confirmation bias as confirmation, rumor as research, and innuendo as proof. They falsely label ideas and behaviors unconnected to reality as a heroic search for truth while vilifying those who actually search for truth.

More information means less ignorance and a greater chance of rational and better decisions and not those based on illusion, hope, preconceived notions or perceptions. I’ve said it before but it’s worth repeating. We want to love the idea that people are secretly working together to control and organize the world. It’s a “good” conspiracy theory. Or is it because we don’t like to face the fact that our world runs on a combination of chaos, incompetence and confusion? We would rather accept a conspiracy theory as fact rather than be vilified for seeking the truth.

The GCR/RV has a logical purpose. All you have to do is do the math. It’s not a want, it is a necessity. The structure and efficiency of the current global financial system no longer works. Everyone knows it. The GCR/RV is only one of many mechanisms formulated to fix it.

What those other mechanisms are, who really knows. One can only speculate. But the fact is, it is the natural evolution of the ever growing financial needs of an ever growing world. Seek the truth, disregard conspiracy theories that have no rationale and try listening to people who’s biggest aspirations in life was to make it out of high school after two senior years.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=239149

Dinar Recaps 20 4/15/24 Dinar Recaps 20 4/15/24

News, Rumors and Opinions Monday AM 4-15-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 15 April 2024

Compiled Mon. 15 April 2024 12:01 am EST by Judy Byington

Judy Note Correction on Zim Bond Redemption: Thanks to Becky Subrahmanyam and MarkZ I have learned that this statement I made in past reports is not true: “Zimbabwe has announced their gold-backed currency and their bonds must be redeemed by Tues. 30 April 2024.” There are three kinds of Zim money: 2008-2009 Zim Bonds, Zim fiat money and the new asset-backed Zig.

MarkZ explained: “The Zim fiat money must be redeemed by Tues. 30 April 2024 for the new Zig. The time limitation has nothing to do with 2008-2009 Trillion Series Zim Bonds that we hope to exchange for USN. The gold/asset backed currency is the new Zig currency and it does not need to be redeemed. Only the Zim fiat money needs to be redeemed by Tues. 30 April 2024.” I apologize for any misunderstanding this may have caused. …Judy

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 15 April 2024

Compiled Mon. 15 April 2024 12:01 am EST by Judy Byington

Timing of Global Currency Reset: (RUMORS)

Sat. 13 April Wolverine on the latest news from Rod Steel: “My friend spoke with Patriot Rod Steel today and confirmed that he spoke to some title agents and they received funds. I’m told the paperwork has just been completed and the Admiral will release everything on Monday 15 April. The Iraqi government will release the new ‘lower denomination’ banknotes this week and then publish the new Dinar exchange rate (4+) which will be published in the Official Gazette on Sunday 14 April and then move to FOREX next Monday.

My very close friend reviewed this information with two other contacts – someone very close to the Admiral, who works with him daily. And the second gentleman is very close to those on Bond’s side who are regularly privy to the details. Both are also in line with Rod’s news, which is extremely encouraging. We also know that Mark is hearing similar stories.”

More from Ginger: “I can’t give details because I’m sworn to secrecy, but I can say that the documents were signed by people we know AND others heard good news from their group leaders on the T3 Bond side. I personally don’t know anyone in T3 who has liquid funds to spend so far, but I’m very happy with all the news we’re getting. I am firm and stable, being optimistic.”

On Sat. 13 April Iraqi Prime Minister Sudani and his delegation arrived in Washington DC. The delegation included a few plane loads of 964 people: his entire cabinet, Oil Minister and his delegation, Finance Minister and her delegation, CBI and Alaq’s delegation and military personnel. The Stock Market is down for EID from the 9th till the 13th.

Sat. 13 April: Our New Currency Under the Quantum Financial System – Gold Backed Digital Currency (The New US Dollar ) – American Media Group (amg-news.com)

~~~~~~~~~~

Oil Crisis Alert: The Straights of Hormuz will likely be shut down by Iran. https://x.com/jimfergusonuk/status/1779278505772978415?s=46

The costs of Fuel will skyrocket and there will be shortages not only in the Middle East but across the West. If Iran were to shut down the Strait of Hormuz, it would likely have significant global repercussions, particularly for the oil market.

This narrow passage is one of the world’s most crucial maritime chokepoints, through which about a fifth of global petroleum consumption passes.

Closure of the strait could disrupt oil shipments from major producers like Saudi Arabia, the UAE, and Iraq, leading to a sharp increase in oil prices worldwide. Such an event would also trigger economic uncertainty and could provoke a strong military and diplomatic response from countries dependent on these oil routes, including the United States and other Western nations.

Moreover, the closure could heighten geopolitical tensions in the Middle East, potentially leading to conflicts and further instability in the region.

Read full post here: https://dinarchronicles.com/2024/04/15/restored-republic-via-a-gcr-update-as-of-april-15-2024/

*************

Courtesy of Dinar Guru: https://www.dinarguru.com/

Frank26 Sudani is walking on the yellow brick road to Washington DC . This is going to be historical trip...not just for Iraq, for both sides...the trip to Washington DC is crucial.

Militia Man Iraq has met the required security and stability in country that is needed to be productive and to perform her duties as a nation to her people in a correct and internationally acceptable manner. If she hadn't she wouldn't be where she is now, which is out from under the protection of EO 13303 outside the DFI.

Jamie Dimon Issues An URGENT Warning

Atlantis Report: 4-15-2024

Jamie Dimon the CEO of Chase Bank Just Gave A Serious Warning as some search for chase bank login they should hear this warning about interest rates.

His recent pronouncements about the U.S. economy have sent ripples through financial markets and sparked concerns about a potential economic downturn.

As the head of one of the world's largest and most influential banks, Dimon's words carry significant weight and have caught the attention of policymakers, investors, and the general

public. This news has caused a stir in the financial world. Today, Dimon's warning changes everything.

https://www.youtube.com/watch?v=WAa6oBkmQdM

DINARRECAPS8 4/14/24 DINARRECAPS8 4/14/24

Iraqi Dinar Today Video Updates Sunday Afternoon 4-14-24

Iraqi Dinar Today Video Updates Sunday Afternoon 4-14-24

JP Morgan And Chase Bank Great Announcement – 4:02

Massive News Happening Finally Announced On Tv – 3:54

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

Iraqi Dinar Today Video Updates Sunday Afternoon 4-14-24

JP Morgan And Chase Bank Great Announcement – 4:02

Massive News Happening Finally Announced On Tv – 3:54

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

JP Morgan And Chase Bank Great Announcement – 4:02

https://www.youtube.com/watch?v=laCyGRjkDx4

Massive News Happening Finally Announced On Tv – 3:54

https://www.youtube.com/watch?v=Ga10vjSpxeQ

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

https://www.youtube.com/watch?v=qYx3Zb2AtVA

Dinar Recaps 20 4/14/24 Dinar Recaps 20 4/14/24

More News, Rumors and Opinions Sunday Evening 4-14-2024

TNT:

Harembe: ZiG will definitively gain in value — Reserve Bank of Zimbabwe | The Sunday Mail (4/14/24)

ZIMBABWE marked an epochal moment in its history when it introduced a new currency, Zimbabwe Gold (ZiG), on April 5, taking a giant step towards bringing a lasting solution to exchange rate volatility, which, for nearly half a decade, has driven inflation and made saving in the domestic unit difficult.

This is the third time Zimbabwe has switched currencies since scrapping the domestic unit in 2009, amid the ravages of inflation in a country that had gone through fundamental changes in its agricultural land ownership, was buckling under the weight of sanctions and was closed to sources of cheaper external funding.

TNT:

Harembe: ZiG will definitively gain in value — Reserve Bank of Zimbabwe | The Sunday Mail (4/14/24)

In the realm of international trade, the dominance of major global currencies such as the US dollar, the euro and the yen has been undisputed for many years.

However, there is a growing recognition of the benefits associated with conducting trade using local currencies.

By bypassing the need for constant conversion into a foreign currency, trade in local units offers numerous advantages. They include enhanced economic stability, reduced dependence on foreign exchange and increased autonomy for any country.

As inflation continued to wreak havoc on Zimbabwe’s currency, the annual rate climbed to 55,3 percent from 46,7 percent in February 2024, reflecting the pass-through effects on prices, which track the movement in the exchange rate.

In light of the high inflation challenges emanating from exchange rate volatility, many observers have wondered how just the change in the national currency could turn the situation around.

But Zimbabwe’s monetary authorities expect the new currency and policy measures they are rolling out to restore confidence in the local unit and go a long way in fostering simplicity, credibility, certainty and predictability in the country’s monetary and financial system.

New Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu last week shared his perspectives on how ZiG and the monetary policy intervention he announced just over a week ago in the 2024 Monetary Policy Statement (MPS) will transform Zimbabwe’s financial affairs.

The country’s new currency will operate alongside several foreign units in the multi-currency regime, legislated to run until 2030, including the US dollar, the pound sterling, the euro, the South Africa rand and Botswana pula.

ZiG shall, the RBZ said, at all times be anchored and fully backed by a composite basket of reserves comprising foreign currency and precious metals (mainly gold) received by the apex bank as part of in-kind royalties and kept in its vaults.

Foreign currency balances will accumulate through market purchases from the 25 percent export surrender requirements, as well as the sale of some precious metals received as royalties.

What has changed?

Responding to questions during an interview with Zimpapers Television Network (ZTN)’s “Beyond the Dollar”, Dr Mushayavanhu said the basket of precious commodities, mainly gold, plus the foreign exchange holdings the bank has, would change the game.

“We are bringing in a new concept in the form of a new currency, which is backed by reserves. RTGS, bond notes were not backed by reserves. This is why they were behaving the way they were behaving.

“So, we decided we have to bring in a new currency, which has a new basis for exchange rate determination and I did explain in the Monetary Policy Statement that the exchange rate for the ZiG is going to be determined by the basket of commodities that is anchoring it.

“Over and above that, it is also going to be determined by the market.

“We had a situation, as I said earlier, RTGS, bond notes were not backed by anything, so we cannot link ZiG to the old currency; it’s a different currency altogether,” he said.

Dr Mushayavanhu said while the bond notes were at some point backed by a US$200 million facility from Afreximbank, the amount of local currency in circulation was exceeded, exposing the local currency to forces of depreciation.

As part of RBZ’s commitment to transparency under his stewardship, Dr Mushayavanhu said the bank opened its vault for all to see that the institution indeed had the gold to back the domestic currency.
https://www.sundaymail.co.zw/zig-will-definitively-gain-in-value-rbz

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Tishwash: The toman breaks a new record by collapsing against the dollar

Iranian toman recorded a new record decline against the dollar, as the price of the US dollar in the free market in Tehran exceeded 65 thousand tomans for the first time, after the escalation of tensions between Iran and the occupying entity.

The price of the US dollar recorded 65,100 tomans this morning, Saturday, according to the prices announced by exchange offices in Tehran, and the price of the euro reached 70,400 toman on the same day, according to Iranian media.

The new round of record rises in exchange rates in the Iranian market, and in online transactions, began after the Israeli attack on the Iranian consulate building in Damascus, last Monday evening, April 1.

On the last working day of last week, the price of the dollar reached more than 64 thousand tomans, coinciding with clashes between the Jaish al-Adl group and Iranian military forces in Balochistan Province. link

************

Courtesy of Dinar Guru: https://www.dinarguru.com/

Frank26 [Iraq boots-on-the-ground report] FIREFLY: They talked a long time about how the national cards we have will be used for all transactions in our country. FRANK: The national cards tell Iraqi citizens that their currency is about to have value, that it's about to go international. The International world would not want anything to do with the toilet paper valued currency. These are the hints. These are the telltale signs that they are are re-denominating and a new exchange rate is at your doorstep...

Mnt Goat the TRUTH finally coming out in the Iraq news. We don’t have to guess, it’s in all the news channels from Iraq now. Yes, the Iraqi dinar and the future revaluation of it is on the agenda for the April 15th visit of the Iraqi prime minister Al-Sudani to Washington, DC...The next stop is the in-country rate if all goes well that we should expect shortly after Al-Sudani’s return from Washington DC. We then know the rest of the process and what happens next…We can almost see the finish line as the train is about to come around the bend.

Foreign banks enter to the market

Nader: 4-13-2024

https://www.youtube.com/watch?v=xxCIZR8BWyk

MARKETS A LOOK AHEAD: NOW... EXPECT A DIRECT "ATTACK" (FF) ON THE US.

Greg Mannarino: 4-14-2024

https://www.youtube.com/watch?v=Vpix8IwWOto

Dinar Recaps 20 4/14/24 Dinar Recaps 20 4/14/24

News, Rumors and Opinions Sunday 4-14-2024

US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO

At time of publishing, the US national debt has reached $34.64 trillion.

Alex Richardson – Daily Hodl
April 12, 2024

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054.

In a new budget outlook report, the non-partisan federal agency estimates that the United States’ GDP will reach $85.2 trillion in three decades, but that debt will be 166% of that, or $141.432 trillion.

The excessive debt could threaten the dollar’s role as the reserve currency, the CBO says.

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion by the year 2054.

The excessive debt could threaten the dollar’s role as the reserve currency, the CBO says.

“The likelihood of other adverse outcomes would also increase. For example, expectations of higher inflation could erode confidence in the U.S. dollar as the dominant international reserve currency.”

At time of publishing, the US national debt has reached $34.64 trillion.

The CBO forecasts that rapidly growing debt will eventually push up the cost of borrowing to the point where private investment will reduce, slowing economic growth and making the lives of American workers significantly worse.

“As a result, investment in capital used for the production of goods and services, such as housing and commercial structures, decreases. That reduction in private investment would slow economic growth.

Specifically, as investment in capital declined, workers would, on average, have fewer resources to do their jobs than they would if debt was smaller and capital investment was greater.

Consequently, they would be less productive, their compensation would be lower, and they would therefore be less inclined to work. Those effects would increase over time as federal borrowing grew.”

Read full article here: https://dinarchronicles.com/2024/04/14/us-debt-to-shatter-141-trillion-as-massive-borrowing-threatens-dollars-reserve-currency-status/

************

Ginger: The QFS Operates completely independently from the existing “centralized” banking and ends the “Central Banking System” that perpetuates “Debt Slavery” around the world.

• Even though it is the ultimate in design, reliability, security and safety, the roll-out process will occur over time.

• QFS operates on a Distributed Ledger Technology. It is NOT crypto currency or Blockchain technology.

• Quantum Qubits “interact” with every financial transaction anywhere in the world of finance to ensure that each transaction is legal, owner-intended and transparent.

• Since Central Banks do not have the ability to “reconcile” old FIAT (paper) money into the new QFS system, all fractional reserve banking and central banking activities will cease.

• Every sovereign currency and every bank represents a separate Ledger in QFS.

• Data on all account holders, at all banks, in all 209 participating countries was downloaded into QFS in March 2017 and serves as a “Distributed Ledger”.

• QFS is designed for and ready to convert ALL bank accounts denominated in any Fiat currency anywhere in the world into a local asset-backed currency.

• QFS pings the originating Fiat currency bank account to ensure it is still valid, active, and operational at the time the exchange of fiat currency for asset-backed currency takes effect.

• After the successful ping of a local bank account, the fiat currency holdings are converted into the new local asset-backed currency on a 1:1 basis.

Read full post here: https://dinarchronicles.com/2024/04/13/restored-republic-via-a-gcr-update-as-of-april-13-2024/

Courtesy of Dinar Guru: https://www.dinarguru.com/

Militia Man We know Al-Sudani is gearing to come to the United States on or around the 15th. Today we see he's ready to spend about a week in the Untied States. His saying about a week in the United States is a big deal because that's a long time. He's bringing...senior representatives from the Central Bank of Iraq...They're going to be talking with the United States Treasury...

Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about our international debt going from trillions to billions... FRANK: That is the definition of lifting the three zeros...It's that simple...Going from trillions to billions - how? 'We already told you, we're lifting the three zeros from our exchange rate.' Why? 'Because we're re-denominating our currency.' How? 'By bringing out lower notes and getting rid of the three zero notes... ' Why? 'Because we suffered enough.'

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Iraqi Prime Minister Prepares for Meeting at the White House

Edu Matrix: 4-13-2024

Iraqi Prime Minister Prepares for Meeting at the White House - Progress on the Development Road Project IQD Rate Increases Against the US Dollar - Iraq has started a new military manufacturing project. See why the US may not be happy about this new project.

https://www.youtube.com/watch?v=FMY02Gf_N-U