Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Sunday Afternoon 9-18-2022

.TNT:

Tishwash: There is no benefit in increasing the cash and gold reserves without real profitable project

The economic expert, Saleh Al-Hamashi, stressed that there is no benefit in increasing the cash and gold reserves without real profitable projects.

He told the National Iraqi News Agency ( NINA ) that among the work of the central banks is the financial consolidation of the state through the reserves of gold and foreign currencies to maintain the strength of the local currency and to disclose this reserve and to inform the institutions operating in the country for the purpose of planning economic projects because of the importance of the cash reserve in building projects Service and economic.

TNT:

Tishwash:  There is no benefit in increasing the cash and gold reserves without real profitable project

The economic expert, Saleh Al-Hamashi, stressed that there is no benefit in increasing the cash and gold reserves without real profitable projects.

He told the National Iraqi News Agency ( NINA ) that among the work of the central banks is the financial consolidation of the state through the reserves of gold and foreign currencies to maintain the strength of the local currency and to disclose this reserve and to inform the institutions operating in the country for the purpose of planning economic projects because of the importance of the cash reserve in building projects Service and economic.

Al-Hamashi added that an abundance of reserves without any economic plan is a person sitting on a mountain of gold, without water or grass, and today all this financial abundance and reserves are useless without economic projects to transfer this money to a productive facility.

The Central Bank had announced a rise in foreign reserves to more than (85) billion US dollars.

And the bank indicated in a statement that its foreign reserves amounted to more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003.

He continued that gold reserves also exceeded (130.4) tons, worth (7) billion dollars, bringing Iraq to 30th place globally and 4th in the Arab world.  link

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Tishwash:  The Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development

 The economic expert, Jalil Al-Lami, confirmed that the Central Bank of Iraq has three reserves to serve the requirements of monetary stability and development.

He told the National Iraqi News Agency ( NINA ) that the central bank is responsible for managing the country's foreign cash reserves, as the central bank, within the framework of this task, influences the credit by controlling the movement of capital inflows and abroad and providing foreign exchange to serve the requirements of monetary stability and economic development.

Al-Lami added: This reserve consists of: Foreign exchange papers: represented in current and fixed deposits in the main international currencies and government bonds held by the resident country in foreign currencies for the benefit of the country over other countries. Which is estimated at more than (85) billion dollars. Gold: It is the state’s reserve, which is in the form of bullion or coins in the vaults of the International Monetary Fund.

He explained: As for the third reserve, it is the special drawing rights: it is the new reserve and it is used to meet the deficit in the country's traditional reserves and drawing rights are granted to each of the member states of the International Monetary Fund. So that the country's share is proportional to the size of that country in the International Monetary Fund.

Al-Lami continued: These rights are used to settle payments between member countries of the International Monetary Fund. Therefore, central banks, including Iraq, seek to buy quantities of gold from time to time. The most recent of which is Iraq’s purchase of a new amount of gold, amounting to approximately (34) tons, bringing Iraq’s balance to (134,4) and thus achieving an increase rate of (35%) on the Iraqi stockpile, which made its classification become the fourth Arab and thirty-three globally. This increase is within the framework of a strategy The Central Bank to manage its assets in order to achieve the highest levels of stability and the ability to face local and international economic changes.

The Gold Promise: One of the most important assets held by central banks and international financial institutions. A haven from in conditions of uncertainty. Because of its acceptance at the international level.

The Central Bank had announced a rise in foreign reserves to more than (85) billion US dollars.

And the bank indicated in a statement that its foreign reserves amounted to more than (85) billion US dollars, which is the highest level achieved by the Central Bank since 2003.

He continued that gold reserves also exceeded (130.4) tons, worth (7) billion dollars, bringing Iraq to 30th place globally and 4th in the Arab world. link

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

Courtesy of Dinar Guru

Mnt Goat  I know for many of you things seems hopeless for your investment. But I can assure you they are not hopeless. We will see a major shift soon in the USA and this will impact the foreign policy of the USA towards Iraq . It may take until the end of the year to catch up so don’t expect anything until at least January 2023...Things are going to change and the future is very bright for Iraq.

Frank26  The generation that's there for the last 20 years they've never seen a currency of their own.   The generation before them 30-40 years old don't even live in Iraq .  They ran away and that's why there's so many banks that are being established around the world to take care of all these Iraqis.  The Iraqi dinar is going to become a pivotal currency.  It'll be a currency hub Iraq - Baghdad .  Everybody knows.  The Middle East knows it...

We're Approaching The Point Of No Return | David Hunter

Liberty and Finance:  9-18-2022

With aggressive monetary tightening, the Fed is reaching the point of no return, says contrarian macro strategist David Hunter.

He expects the Fed to cause a hard landing by crashing the economy. However, for the next few months, based on market sentiment, he expects a melt-up before a massive crash in equities.

During this melt-up phase, gold and silver could skyrocket. His targets are $3000 for gold and $50 for silver within 6-months.

Intro 2:08

Inflation 8:59

Stock market 17:58

Gold & silver  20:26

https://www.youtube.com/watch?v=5mNazN4-7DE

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

MARKETS A LOOK AHEAD. By Gregory Mannarino

9-18-2022

https://www.youtube.com/watch?v=PDJwV4nN-lw

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

More News, Rumors and Opinions Saturday Night 9-17-2022

.TNT:

CandyKisses: Next week, the UN General Assembly convenes amid deep divisions and a global crisis

Baghdad - Mawazine News

About 150 world leaders will participate next week in the meetings of the United Nations General Assembly in New York, amid divisions over the war in Ukraine.

A few days before the annual rally, UN Secretary-General Antonio Guterres said, "Our world is ravaged by war, wracked by climate chaos, wracked by hate, and shamed by poverty and inequality."
Guterres added that geostrategic divisions "have never been this large since at least the Cold War... and are crippling the global response to these enormous challenges," calling on world leaders to "work together" to find solutions.

TNT:

CandyKisses:  Next week, the UN General Assembly convenes amid deep divisions and a global crisis

Baghdad - Mawazine News

About 150 world leaders will participate next week in the meetings of the United Nations General Assembly in New York, amid divisions over the war in Ukraine.

A few days before the annual rally, UN Secretary-General Antonio Guterres said, "Our world is ravaged by war, wracked by climate chaos, wracked by hate, and shamed by poverty and inequality."
Guterres added that geostrategic divisions "have never been this large since at least the Cold War... and are crippling the global response to these enormous challenges," calling on world leaders to "work together" to find solutions.

Observers believe that the unification of global efforts has become a distant hope, as evidenced by the discussions about the Ukrainian president's participation via video.

This year, there will be a return to the usual protocols, for any leader to speak before the General Assembly from Tuesday, in person, with the "special exception" of Vladimir Zelensky.

Ukraine's President Zelensky was authorized, by a special vote in the General Assembly, on Friday, to send a pre-recorded message to the assembly, despite the dismay of Russia, which denounced what it called "the politicization of a procedural issue."

"A number of countries are concerned that while we focus on Ukraine we are not paying enough attention to other crises around the world. It is not the case," US Ambassador to the United Nations, Linda Thomas Greenfield, told AFP.

"Things are going on as usual. We cannot ignore what is happening in the rest of the world," she added, stressing in particular the food crisis, which will be the focus of many events.

For its part, the French presidency said that President Emmanuel Macron "will be keen on ... dialogue with the southern partners to dispel the idea that the West is against the rest of the world," and that the "climate emergency" will also be "at the heart of all issues of concern." 

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

Courtesy of Dinar Guru

Bruce   [via WiserNow]   Most of the banks have kind of clammed up...if you're looking at a timeline of events that have happened, and need to happen, I think we're just about there. I think we're just about there with everything that I can understand from the timelines... I think the possibility of getting notified over the weekend is real...we've been told from some pretty good people to look for the weekend.  [post 1 of 2....stay tuned]

Bruce   [via WiserNow]   And the Iraqi dinar, which we know is trading upward now is close to a baker's dozen, right now is moving forward and should be internationally known meaning it should be known on Sunday that it is a restored currency.  Okay, and revalue globally, internationally, even to us...And that gives me confidence that maybe we do get this thing over the weekend.  Let's see what happens. [post 2 of 2]

Iraqi Dinar update for 09/17/22 - Can you imagine how much better things would have been

Pimpy’s Investment Chat:  

https://www.youtube.com/watch?v=93Cno7Wk8qc

FedEx Proves the Fed Can’t Deliver a Soft Landing - Ep 841

Peter Schiff:  9=17-2022

We have been under erratic monetary (cheap money) and fiscal (govs. spending like drunken sailors) policies for so long (over a decade), that the majority of investors simply are reacting like Pavlovian dogs everytime they get different than expected news.

https://www.youtube.com/watch?v=K2ZKgXmhASI

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Chats and Rumors, Economics, Gold and Silver Deb Aspinwall Chats and Rumors, Economics, Gold and Silver Deb Aspinwall

Why China May Soon Reveal "Astounding" Gold Reserves

.Why China may soon reveal “astounding” gold reserves

By H’enry Chia: On Sep 14, 2022

An intriguing pattern of price moves in global gold markets has cleared the way for China to hoard an enormous amount of the precious metal, according to veteran analyst and trader, Francis Hunt.

“If you look at 30-40 years, the gold chart on the New York session rolls over like a payment curve on a mortgage, and on the Asian session it goes absolutely parabolic and we end up with the net paper gold price which is the aggregated of the two.

“The gold is going from west to east and this is essentially a discount window in my opinion that is being held open and as a result they have a manufactured gold window – they (China) are the biggest providers and the biggest importers.

But why is China hoarding gold?

Why China may soon reveal “astounding” gold reserves

By H’enry Chia:  On Sep 14, 2022

An intriguing pattern of price moves in global gold markets has cleared the way for China to hoard an enormous amount of the precious metal, according to veteran analyst and trader, Francis Hunt.

“If you look at 30-40 years, the gold chart on the New York session rolls over like a payment curve on a mortgage, and on the Asian session it goes absolutely parabolic and we end up with the net paper gold price which is the aggregated of the two.

 “The gold is going from west to east and this is essentially a discount window in my opinion that is being held open and as a result they have a manufactured gold window – they (China) are the biggest providers and the biggest importers.

But why is China hoarding gold?

China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony

On State of the Markets, Hunt said he believes all will revealed upon the launch of a new Central Bank Digital Currency.

Many have long predicted the extensive research and development being conducted by China and its geopolitical allies will result in a Central Bank Digital Currency that will become a real threat to the dominance of the USD.

But could China and its allies be about to surprise the world by backing its digital currency by physical gold?

Hunt believes so, and he thinks it could happen within months amidst the chaos of the energy crisis.

“Russia and China – for credibility because this will be a new system – how will they be different? Everyone will be very jaded on Government-based monetary systems after the problem, reaction, solution. We are working our way into the final mega-problem to hit us, the northern hemisphere winter (and energy shortage).

“How do you get people to show confidence in a new system if you are the BRICs (Brazil, Russia, India, China and South Africa)? Well, you’re going to resort to something that’s timeless, that’s physical, and China’s already been stacking as America’s been holding open the discount window for the Asians to move it over.

“I would expect a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.

“As the Russian ruble microcosm has already showed by utilizing oil and gold – having going from $160 back down to $60 after that blow-off event. How did Russia deal with their blow-off crisis at $160 USD ruble? Hey, we’ve got resources, we’ve got gold… Next thing you know, back down at $60.

“Both Russia and China have known they must de-dollarize for some considerable time, which is why both have been so steadily increasing their gold holdings,” said Frisby.

Read full article here: https://www.asiamarkets.com/why-china-may-soon-reveal-astounding-gold-reserves/

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

"Reset and Collapse by Design-Gold to be Devalued" by Francis Hunt

.Reset & Collapse By Design - Gold To Be Revalued | Francis Hunt

Liberty and Finance: 9-17-2022

Gold has broken below a critical support level. Paper gold prices could fall dramatically lower, says Francis Hunt, founder of The Market Sniper.

But in the long term, owning physical gold will be crucial as the financial crisis worsens.

He expects the current financial system will be reset.

He expects gold could be revalued overnight, multiples of its current price.

Reset & Collapse By Design - Gold To Be Revalued | Francis Hunt

Liberty and Finance:  9-17-2022

Gold has broken below a critical support level. Paper gold prices could fall dramatically lower, says Francis Hunt, founder of The Market Sniper.

But in the long term, owning physical gold will be crucial as the financial crisis worsens.

He expects the current financial system will be reset.

He expects gold could be revalued overnight, multiples of its current price.

Article: Why China may soon reveal “astounding” gold reserves:’ https://www.asiamarkets.com/why-china-may-soon-reveal-astounding-gold-reserves/

0:00 Intro

2:09 Gold/silver update

16:00 Paper vs physical

22:10 Owning physical gold

28:20 Preparedness

34:00 Last thoughts

https://www.youtube.com/watch?v=y975zOqKLbU

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Saturday Morning 9-17-2022

.KTFA:

Samson: Europol dismantles a network smuggling Iraqis from Kurdistan to Europe via private planes

16th September, 2022

The European Union Police Agency (Europol) announced on Friday that members of a gang smuggling migrants were arrested on private planes from Kurdistan, to Turkey and then Europe, using forged diplomatic passports.

The authorities confiscated two planes, a luxury car and equipment used to issue false identity papers during raids carried out in Belgium and Italy on Tuesday, according to "Europol". "It is believed that between October and December 2020, five smuggling operations were carried out in five different European countries," it said in a statement. The migrants, most of them from Iraq, including Kurds, boarded a private plane in Turkey with forged diplomatic passports.

KTFA:

Samson: Europol dismantles a network smuggling Iraqis from Kurdistan to Europe via private planes

16th September, 2022

The European Union Police Agency (Europol) announced on Friday that members of a gang smuggling migrants were arrested on private planes from Kurdistan, to Turkey and then Europe, using forged diplomatic passports.

The authorities confiscated two planes, a luxury car and equipment used to issue false identity papers during raids carried out in Belgium and Italy on Tuesday, according to "Europol". "It is believed that between October and December 2020, five smuggling operations were carried out in five different European countries," it said in a statement. The migrants, most of them from Iraq, including Kurds, boarded a private plane in Turkey with forged diplomatic passports.

The agency said that flights usually go to the Caribbean islands, but passengers never reach those destinations. "During the stations in various European airports, including Austria, France and Germany, the migrants left the plane, got rid of their forged passports and applied for asylum," she added.

The criminal group has set the cost of the operation at up to 20,000 euros ($20,000) for each person smuggled. It is also suspected of issuing forged checks, defrauding airlines to establish their fleet, and defrauding hotels by not paying bills.

The suspects face charges of migrant smuggling, document forgery and money laundering. The raid was carried out in coordination between "Europol" and its judicial arm "Eurogast", European police services and US law enforcement agencies.

According to private sources, these immigrants are wealthy and affluent people in Kurdistan, including the children of officials, who have a lot of money.  LINK

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Samson:  Including a fugitive who was re-arrested.. 75 years for 5 Iraqi employees who embezzled billions

15th September, 2022

Today, Thursday, Salah al-Din Criminal Court announced the sentencing of 5 employees to 15 years in prison, including an employee who fled the court to Kirkuk, was arrested and returned to the court.

A government source told Shafaq News Agency, "The Salah al-Din Criminal Court issued a 15-year prison sentence for each of the 5 employees who were arrested on charges of wasting public money and embezzling 7 billion dinars," noting that "among the convicts is called (Q. N) who works an employee in the Planning Department of the Office of Salah al-Din Governorate.

The source confirmed that "the accused (Q. N) will be referred to the court again on other charges, after he escaped two days before the Salah al-Din Criminal Court and was arrested again in Kirkuk in coordination between the security services and the National Security."

Yesterday, a security source in Salah al-Din told Shafaq News that an employee accused of embezzling 7 billion dinars had been arrested after escaping from the Tikrit court towards Kirkuk.

The source confirmed that the security forces, in coordination with the National Assembly in Kirkuk, arrested the fugitive suspect in Al-Zab district and took him to Tikrit to complete the necessary investigation and judicial procedures.    LINK

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Courtesy of Dinar Guru

Frank26   Question:  "IYO do you think it will be 1 to 1 when it leaves the border of Iraq?At this point it may be more now because the dollar is falling so far behind every day...you think the dinar wants to be embarrassed and walk with the American dollar anymore.  No.

Samson  Article:  "The World Council: Iraq is among the Arab countries with the most gold reserves"  Quote:  "Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies..."

ALERT! Silver "Allowed to Jump" as Financial World Falls Apart! (Bix Weir)

9-17-2022

It's all happening! The financial world is falling apart at the seams and NOBODY IS READY for what's about to hit!

https://www.youtube.com/watch?v=dBWY1yUcifs

IN YOUR FACE LIES! Economic Whistleblowers Say: "The Data Doesn't Add Up" (Its FAKE).

Greg Mannarino:  9-16-2022

https://www.youtube.com/watch?v=FlwyuPqRd4k

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

More News, Rumors and Opinions Friday Evening 9-16-2022

.TNT:

Tishwash: The World Bank launches an appeal: More countries are starting to collapse

The World Bank has accused the "leading" central banks of pushing the global economy into a "devastating" recession next year, if interest rates are raised "too dramatically" in the coming months.

The World Bank called on monetary authorities in major economies to coordinate their actions to reduce the overall impact of the tightening, the Financial Times reported.

The World Bank urged governments to provide targeted relief to vulnerable families rather than relying on tighter monetary policy.

World Bank President David Malpass said momentum in the global economy was waning and more countries were already starting to collapse.

"My deep concern is that these trends will continue, with devastating long-term consequences for people in emerging markets and developing economies," he added link

TNT:

Tishwash:  The World Bank launches an appeal: More countries are starting to collapse

The World Bank has accused the "leading" central banks of pushing the global economy into a "devastating" recession next year, if interest rates are raised "too dramatically" in the coming months.

The World Bank called on monetary authorities in major economies to coordinate their actions to reduce the overall impact of the tightening, the Financial Times reported.

The World Bank urged governments to provide targeted relief to vulnerable families rather than relying on tighter monetary policy.

World Bank President David Malpass said momentum in the global economy was waning and more countries were already starting to collapse.

"My deep concern is that these trends will continue, with devastating long-term consequences for people in emerging markets and developing economies," he added     link

Courtesy of Dinar Guru

Mnt Goat    The new lower denominations that we are looking for are not yet in circulation. Other countries are not yet exchanging the dinar. There is no reason for them to be exchanging.

Pimpy   Article: "Iraq's gold reserves rise to 130.4 tons".   Iraq continues to add to their reserves.  They now have 130.4 tons of gold.  Quote:  "Iraq ranked 3rd in the Arab world and 30 in the world..."  ...with the gold reserves in Iraq increasing and the foreign currency reserves also increasing this is huge for the support of the Iraqi dinar.  They're a big part of what makes a currency strong.  I see some big steps being taken that do indeed help the Iraqi dinar in a big way...

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KTFA:

Samson:  Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country

15th September, 2022

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, considered that the rise in foreign exchange reserves is a real monetary stability for the country.

Saleh said, "All indicators confirm today that the country's foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country."

Saleh added, in a statement to "Nina" news agency, and followed by "Economy News", that "these reserves are managed according to the internationally approved standard investment guides and in the various main existing currencies, and they are invested in the best international financial instruments with a high credit rating and low risks, and it is one of the actions of the country's foreign monetary policy." LINK

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From Simon Parks at Connecting Conciousness:  (Emailed from a reader to Recaps)

Hi Everyone,

We have permission from Simon to share credible intel that the banks may be shutting down as soon as this weekend.  Accounts will be frozen and there will be no online payments.  This was the event planned for September 24th. Now the pentagon has sent information to him that says to take out cash now.  This bank shut down will last from 2-10 days.  The extent of it will depend on the oppostion from the other side.

Simon wants this information shared and said he would be remiss if he did not share it.

Kind regards,

~~~~~~~~~~~~

We are told it’s okay to share everywhere...

Hopefully this means they are switching from the fiat to the new Asset backed currency and going to the QFS full time. 

Makes sense to have a couple weeks worth of cash on hand in case the ATM’s and point of purchase terminals go down.

Having a month supply of food, water, medicines and pet needs is always a good thing to have on hand :)

Be well!

Note: Please consider all intel as “rumor” until we are at the banks!

Moscow Gold Standard could expose fair gold price and end market manipulation - Piepenburg (Pt. 2/2)

Kitco News:  9-16-2022

Matthew Piepenburg, Commercial Director at Matterhorn Asset Management, returns to discuss the Moscow Gold Standard and how it could end the LBMA and COMEX's gold price manipulation.

He also discusses Bitcoin and his gold price outlook with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News.

0:00 - Gold manipulation and Russia

10:48 - Monetary reset with BRICS, IMF

16:20 - Bitcoin

20:33 - Tipping point for reset

24:21 - Gold price

This is part 2 of a two-part interview. You can watch part 1 here: https://youtu.be/f9-EdC_EtLs

https://www.youtube.com/watch?v=fdT0BvPafws

Signals of a Currency Regime Shift

Lynette Zang:  9-16-2022

https://www.youtube.com/watch?v=tZxbFdgGA1U

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Advice, Economics, Misc. DINARRECAPS8 Advice, Economics, Misc. DINARRECAPS8

Three Big Things: The Most Important Forces Shaping the World

.Three Big Things: The Most Important Forces Shaping the World

by Morgan Housel

An irony of studying history is that we often know exactly how a story ends, but have no idea where it began. Here’s an example. What caused the financial crisis? Well, you have to understand the mortgage market.

What shaped the mortgage market? Well, you have to understand the 30-year decline in interest rates that preceded it. What caused falling interest rates? Well, you have to understand the inflation of the 1970s.

What caused that inflation? Well, you have to understand the monetary system of the 1970s and the hangover effects from the Vietnam War.

What caused the Vietnam War? Well, you have to understand the West’s fear of communism after World War II

And so on endlessly.

Three Big Things: The Most Important Forces Shaping the World

by Morgan Housel

An irony of studying history is that we often know exactly how a story ends, but have no idea where it began. Here’s an example. What caused the financial crisis? Well, you have to understand the mortgage market.

What shaped the mortgage market? Well, you have to understand the 30-year decline in interest rates that preceded it. What caused falling interest rates? Well, you have to understand the inflation of the 1970s.

What caused that inflation? Well, you have to understand the monetary system of the 1970s and the hangover effects from the Vietnam War.

What caused the Vietnam War? Well, you have to understand the West’s fear of communism after World War II

And so on endlessly.

Every current event – big or small – has parents, grandparents, great grandparents, siblings, and cousins. Ignoring that family tree can muddy your understanding of events, giving a false impression of why things happened, how long they might last, and under what circumstances they might happen again. Viewing events in isolation, without an appreciation for their long roots, helps explain everything from why forecasting is hard to why politics is nasty.

Those roots can snake back infinitely. But the deeper you dig, the closer you get to the Big Things: the handful of events that are so powerful they influence a range of seemingly unrelated topics.

The ultimate of those great-grandmother events was World War II.

It’s hard to overstate how much the world reset from 1939 to 1945, and how deeply the changes the war left behind went on to define virtually everything that’s happened since.

Penicillin owes its existence to the war. So do radar, jets, nuclear energy, rockets, and helicopters. Subsidizing consumption with consumer credit and tax-deductible interest were deliberate policies meant to keep the economy afloat after war-time production ended. The highways you drove on this morning were built to evacuate cities and mobilize the military in case of a nuclear bomb attack during the Cold War, and the Cold War was a WW2 cousin. Same for the internet.

The Civil Rights movement – perhaps the most important social and political event of our time – began in earnest with racial integration during the war.

The female laborforce grew by 6.5 million during the war because women were needed in factories. Most kept working after the war ended, beginning a trend that led to a doubling of the female laborforce participation rate by 1990. It’s probably the single most important economic event of our lifetime.

Find something that’s important to you in 2019 – social, political, economic, whatever – and with a little effort you can trace the roots of its importance back to World War II. There are so few exceptions to this rule it’s astounding.

But it’s not just astounding. It’s an example of something easy to overlook: If you don’t spend a little time understanding World War II’s causes and outcomes, you’re going to have a hard time understanding why the last 60 years have played out the way they have.

You’ll struggle to understand how the biggest technologies got off the ground, and how the most important innovations are born from panic-induced necessity more than cozy visions.

Or why household debt has risen the way it has.

Or why Europeans have different views on social safety nets than Americans. John Maynard Keynes predicted countries wrecked by war would go on to have a “craving for social and personal security,” and indeed they did. Historian Tony Judt writes of post-war Europe:

Only the state could offer hope or salvation to the mass of the population. And in the aftermath of depression, occupation and civil war, the state—as an agent of welfare, security and fairness—was a vital source of community and social cohesion.

There are so many things happening today that aren’t easy to grasp without a working knowledge of the 75-year-old wartime forces that got them going in the first place. To me, the war is fascinating to study not because of what happened, but what it went on to influence.

Which raises the question: What else is like World War II?

What are the other Big Things – the great-grandparents – of important topics today that we need to study if we want to understand what’s happening in the world?

Nothing is as influential as World War II has been. But there are a few other Big Things worth paying attention to, because they’re the root influencer of so many other topics.

The three big ones that stick out are demographics, inequality, and access to information.

There are hundreds of forces shaping the world not mentioned here. But I’d argue that many, even most, are derivatives of those three.

Each of these Big Things will have a profound impact on the coming decades because they’re both transformational and ubiquitous. They impact nearly everyone, albeit in different ways. With that comes the reality that we don’t know exactly how their influence will unfold. No one in 1945 knew exactly how World War II would go on to shape the world, only that it would in extreme ways. But we can guess some of the likeliest changes.

1. A demographic shift that reconfigures modern economies.

Here’s what’s happening:

 

To continue reading, please go to the original article here:

https://collabfund.com/blog/three-big-things-the-most-important-forces-shaping-the-world/

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

News, Rumors and Opinions Friday AM 9-16-2022

.RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 16 Sept. 2022

Compiled Fri. 16 Sept. 2022 12:01 am EST by Judy Byington

Judy Note: It may seem nothing was happening, when in fact peoples of the World were undergoing the greatest uprising against Evil and transfer of wealth in history – over twenty years in the making by the Alliance.

The recent announcement of the death of the Queen verified that the collapse of the Global Banking System was in the process – and like an avalanche, couldn’t be stopped.

Even though we must be prepared with a few weeks of cash, food and necessities for what lay ahead, what was ahead was Freedom – and peace – across the globe.

RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 16 Sept. 2022

Compiled Fri. 16 Sept. 2022 12:01 am EST by Judy Byington

Judy Note: It may seem nothing was happening, when in fact peoples of the World were undergoing the greatest uprising against Evil and transfer of wealth in history – over twenty years in the making by the Alliance.

The recent announcement of the death of the Queen verified that the collapse of the Global Banking System was in the process – and like an avalanche, couldn’t be stopped.

Even though we must be prepared with a few weeks of cash, food and necessities for what lay ahead, what was ahead was Freedom – and peace – across the globe.

Calendar of Events:

Fri. 16 Sept. Everything Could Stop Moving: Railroads, Amtrack, UPS, FedEx, Port Workers.

Saturday 17 Sept, 2022 is the 235th Anniversary of the Signing of the Constitution.

Mon. 19 Sept. Queen Elizabeth Funeral – one of the biggest gatherings of world power brokers in recent world history.

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Thurs. 15 Sept. The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456#

With most sources under NDAs, Bruce’s information came from Bond Paymasters not under an NDA and a top Canadian Bank.

Tues. 13 Sept. 2022 was the last time fiat dollars would be transferred from the Federal Reserve to the banks.

Tier 1 Banks have the new gold/asset-backed USTN in their bank vaults.

Tier 3 and 4 banks were being delivered the new USTN this weekend.

Banks had been under the old Cabal system, but were now restructured to the Restored Republic.

We were now expecting announcements on NESARA/GESARA around Sept. 24, 25.

A top Canadian Bank and another source said that everything goes after 4 pm Fri. 16 Sept.

Tier 4b (us, the Internet Group) could get notifications over the weekend and start on Mon. 19 Sept. or Tues. 20 Sept.

The UK was in a ten day mourning period which would end on Tues. 20 Sept.

Mass Arrests were ongoing, but would not hold us up.

Global Financial Crisis:

Telegram Red Wave: I cannot verify this or know this 100% but from a lot of the financial markets and news it is looking very much like September 24th (September 11th by the Julian Calendar) will be one of the biggest financial tsunami’s ever! Total collapse of the stock market etc. This is a courtesy text for you to get moving on checking this out for yourself and try and protect yourself from any fallout If This Does Take Place. This is the time to be making a plan for protecting your assets and investments! I’m hopefully praying this does not come to pass, but just giving you a heads up to plan in case it does. Thank You John. Praying for all of you.

Sept. 24 2022 Global Financial Crash: German Legislator: “Dear colleagues, this 24 Sept. 2022 will be a day remaining in our memories as a day we will say, I remember exactly where I was.” All Vatican entities worldwide, must move their financial instruments and assets to the Vatican Bank not later than 30 Sept.”

(From John) I cannot verify this or know this 100%, but from a lot of the financial markets and news it is looking very much like September 24th (September 11th by the Julian Calendar) will be one of the biggest financial tsunami’s ever! Total collapse of the stock market. I am not trying to scare anyone. This is a courtesy text for you to get moving on checking this out for yourself and try and protect yourself from any fallout If This Does Take Place. This is the time to make a plan to protect your assets and investments.

Economist Tuomas Malinen warns the world about the economic implosion of Europe Watch this video Brighteon

All 26 major banks are interconnected and controlled by the Federal Reserve System.

White Hat Intel: The world will experience what Russia experienced during the collapse of The Soviet Union in 1991.

The Depression/Collapse was hard to handle, but after the Darkness passed and the Deep State under Boris Yeltsin was exposed, the elite Billionaires and Trillionaires’ money was cut off and the funneling of the stolen money was returned to the peoples and economy fast.

The RUSSIAN citizens had more than doubled their income, some tripled.

The U.S. WILL face these Events. Since last year Jan. 2021 I have warned of the Collapse and the WAR we were headed into, which would lead to a NUCLEAR STANDOFF.

The WEF, UN, NATO was still in collapse as money was running out as they were being cut off from world organizations that funneled war money.

This cut off was coming from all directions as Vanguard silently collapses.

Read full post here:  https://dinarchronicles.com/2022/09/16/restored-republic-via-a-gcr-update-as-of-september-16-2022/

Courtesy of Dinar Guru

Frank26  [Iraq boots-on-the-ground TV report] FIREFLY:  Saleh is on TV says our cash reserves will be over $100 billion and that's the most ever in our history.  He said he got that from the governor of the CBI and he said that money has to be used to advance Iraq .  It's for investment and to grow.  FRANK:  Saleh is telling the citizens of Iraq your currency has value.  It's going to be paying things off.  It's going to be well received by the rest of the world...

Walkingstick  [via Frank26]   [Iraqi bank gentlemen in US banks update]  One is preparing to return back [to Middle East ].  The other is saying because he has to run the bank that he owns.  They're in the process of training the tellers.  They are still on target to try to open by the end of this month into the first week of next month...the one who is staying bought some land.  Actually he bought a lot of land and he is going to build a home.  He has to say here.  He has to run that bank.  It's serious.  They are treating it seriously...

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SILVER ALERT! Is the US Mint Secretly Producing & Hoarding American Silver Eagle Coins?!

(Bix Weir)  9-16-2022

I believe were are on the very edge of the USA returning to a gold & silver coin standard. A monetary system where we demand the use of gold and silver coins as REAL MONEY with the convenience of a backed paper/electronic system REDEEMABLE FOR METAL UPON DEMAND!

The ex-Director of the US Mint, who oversaw the production of the redesigned Silver Eagle, said the back side of the New Silver Eagle Design is symbolic of the USA "adding to the nest."

What did he mean by that and WHY has the US Mint "Expanded US Silver Eagle Production Capacity" and yet still is rationing Silver Eagles to the public?

 IS THE US MINT REALLY PRODUCING SILVER EAGLES IN MASSIVE QUANTITIES AND "ADDING THEM TO THE NEST" AS WE PREPARE FOR A NEW MONETARY SYSTEM?! I sure think so!

https://www.youtube.com/watch?v=eP5SsW8h0Vk

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Economic Thoughts From Peter Schiff and Lynette Zang 9-15-2022

.Inflation Data Sparks Biggest Market Crash Since Covid Lockdowns - Ep 840

Peter Schiff: 9-14-2022

Stock market has its biggest crash since 2020 covid lockdowns.

Food prices see biggest year over year increase since 1979.

Inflation Data Sparks Biggest Market Crash Since Covid Lockdowns - Ep 840

Peter Schiff:  9-14-2022

Stock market has its biggest crash since 2020 covid lockdowns.

 Food prices see biggest year over year increase since 1979.

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

Underneath the Surface: Recession or DEPRESSION?

Lynette Zang:  9-15-2022

Did you see the CPI print on Tuesday? Let me tell you, your price at the pumps may be going down. That helps people feel better. But there is so much going on underneath the surface.

Chapters:

0:00 Introduction The Soft Landing

00:56 Power Struggle

5:47 Inflation Projections

9:48 Recession or Depression

17:39 Gold Coin or Bar Buying

https://www.youtube.com/watch?v=25fzH7DbMBQ

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

More News, Rumors and Opinions Thursday Night. 9-15-2022

.TNT:

Tishwash: Venezuela is ready to supply the world with oil and gas

This was in Iraq's news

Venezuelan President Nicolas Maduro said on Wednesday that his country is "ready to supply the world market" with oil and gas , condemning the energy crisis caused by imposing "irrational" sanctions on Russia , he said, after its invasion of Ukraine.

During a visit to Caracas by the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al-Ghais , Maduro said that "Venezuela is ready and willing to play its role and supply the oil and gas market that the global economy needs, in a stable and secure manner.

He stressed that his government had "reformed" its oil industry, whose production had fallen to historic levels after years of withdrawal of investments and lack of maintenance, noting that Venezuela's production is currently about 700,000 barrels per day, compared to 2.3 million barrels in 2002.

TNT:

Tishwash:  Venezuela is ready to supply the world with oil and gas

This was in Iraq's news 

Venezuelan President Nicolas Maduro said on Wednesday that his country is "ready to supply the world market" with oil and gas , condemning the energy crisis caused by imposing "irrational" sanctions on Russia , he said, after its invasion of Ukraine.

During a visit to Caracas by the  Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al-Ghais , Maduro said that "Venezuela is ready and willing to play its role and supply the oil and gas market that the global economy needs, in a stable and secure manner.

He stressed that his government had "reformed" its oil industry, whose production had fallen to historic levels after years of withdrawal of investments and lack of maintenance, noting that Venezuela's production is currently about 700,000 barrels per day, compared to 2.3 million barrels in 2002.

The United States imposed a series of sanctions on Caracas in 2019, including an embargo on Venezuelan oil, after Maduro was re-elected in 2018 for a second term in a vote boycotted by the opposition.

Maduro condemned the "energy crisis" resulting from the sanctions imposed on Russia, which he described as "illogical and unjustified", and called for a "fair and balanced price" of $100 per barrel

He again called on foreign oil companies to produce in Venezuela, adding: "We are ready to gradually and rapidly increase oil production to expand and increase production of refined products."

"Venezuela has more than 50 first-class gas projects with seismic studies conducted and all legal guarantees so that international investors" can attend "to produce gas in Venezuela and transport it to international markets," he said.

Al-Ghais: "OPEC" is facing the most serious challenges since its establishment 62 years ago

For his part, the Secretary-General of OPEC said that the organization faces "the most dangerous and most serious challenges" since its inception 62 years ago

The administration of President Joe Biden announced in May a limited easing of some of those sanctions, a move that came as energy prices soared due to the war in Ukraine.

Russia, Europe's largest supplier, has sharply reduced its gas deliveries, raising fears of gas shortages and price hikes.  link 

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Courtesy of Dinar Guru:

Sandy Ingram  Article: "Law proposal includes financial aspects and $100 billion reserves expectationsIraq has never experienced or witnessed this type of growth before.  Iraq expects the currency reserves to reach 100 billion if oil prices remain high until the end of the year.  The technical advisor to the prime minister explained that this figure will support the stability of the Iraqi currency.  [Post 1 of 2...stay tuned]

Sandy Ingram  Here's why this is important - someone within Parliament wants to implement a new law surrounding finances...it appears the white papers are 100% in effect and the foundation of Iraq is sealed.  It does not matter who the next president or prime minister is if the laws of the federal court are followed.  Iraq will grow financially regardless of the political environment. [Post 2 of 2]

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The Nilar: A Pan-African Gold Currency

09/13/2022  Manuel Tacanho

African countries emerged as “independent” nation-states in a context of a debt-based fiat money system, the fiat dollar standard. Independent is in quotation marks because Africa’s countries’ independence is nominal. That is said with due respect and gratitude to all brave men and women who fought, bled, and died to end (direct) colonialism. Still, Africa remains under indirect colonization. One of the most crippling, and certainly the most shackling, forms of subjugation Africa is under is monetary colonialism.

In “Africa’s Way Out of Monetary Colonialism,” the author explains why and how fiat money damages African economies and lives and points out that a common African gold currency, a long-held vision that many Africans still hold, is a way to effectively achieve monetary and thus economic independence. That being so, this article presents the nilar, a pan-African gold currency.

Why the Name Nilar?

Nothing is more symbolically and historically pan-African than the Nile River. The Nile is Africa’s and the world’s longest river. Its drainage basin includes a whopping eleven countries: the Democratic Republic of the Congo, Tanzania, Uganda, Rwanda, Burundi, Kenya, Ethiopia, Eritrea, South Sudan, Sudan, and lastly, Egypt, where the Nile crosses to reach the Mediterranean Sea.

The Nile is also the world’s most historical and culturally significant river. The Nile valley is home to some of the earliest and most remarkable civilizations. In short, the Nile River is the most iconic, mythical, and emblematic river in human history. A river that, for thousands of years, symbolizes life, development, and prosperity. Similarly, if implemented, the nilar would create a new life of stability and development for an economically unified Africa.

How to Implement the Nilar

The Central African Republic has established bitcoin as a legal tender, and Zimbabwe, an unstable and inflationary economy, has finally made the sound decision to introduce gold coins to solve the persistent problem of rampant inflation. These are little but nonetheless significant steps forward in the right direction. Moreover, they could be signs that Africa may have had enough of fiat money colonialism and the hardships it creates.

Also, a multipolar world is inevitable and may be approaching. Africa should not remain underdeveloped and dominated in that world. The nilar is the key.

https://mises.org/wire/nilar-pan-african-gold-currency

The Debt Market Sell-Off Continues. Industrial Output CRATERS. Banks See RECORD Deposit Outflows...

Greg Mannarino:  9-15-2022

https://www.youtube.com/watch?v=FNHM1h2LLas

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

"The Fed's Goal is to Inflict Losses" by Craig Hemke

.Craig Hemke: The Fed's Goal is to Inflict Losses

Palisades Gold Radio: 9-15-2022

Craig discusses how he is becoming an old-timer in this industry and how his website has given him access to people all over the world.

If you're going to follow the precious metals, you've got to follow everything from the economy to politics. That exploration unveils all the fraud and corruption in the system.

Events are speeding up, and we see this with Russia's move toward an alternative gold standard for international trade.

The inevitable result will be less demand for dollars. As more viable alternatives get built and the dollar continues to be printed, we will see a decline in its value. Numerous countries are heading in this direction.

Craig Hemke: The Fed's Goal is to Inflict Losses

Palisades Gold Radio:  9-15-2022

Craig discusses how he is becoming an old-timer in this industry and how his website has given him access to people all over the world.

 If you're going to follow the precious metals, you've got to follow everything from the economy to politics. That exploration unveils all the fraud and corruption in the system.

Events are speeding up, and we see this with Russia's move toward an alternative gold standard for international trade.

The inevitable result will be less demand for dollars. As more viable alternatives get built and the dollar continues to be printed, we will see a decline in its value. Numerous countries are heading in this direction.

In today's economy, the paper derivatives of gold and silver control the physical price of metals. We can't double the amount of physical gold, but did multiply the amount of paper equivalents. This creates the perception there is more gold than actually exists. Most people don't realize the dollar is backed by nothing.

The way interest rates have spiked, inflation expectations, and the dollar soaring means we are likely heading for a big crash.

We could see another thirty percent drop from here in equities. Craig discusses how arrogant the Fed and Jay Powell are at believing they can manage the economy.

We could easily see a big reset downwards in everything. Consumer prices will not be dropping, but they just might be able to slow their continue rate of increase.

Much of the country is living paycheck to paycheck. Many of whom will likely lose their jobs as everything is against the middle class. The mathematical problems inherent in the system are becoming obvious. We are now in the endgame, and you don't want to be caught sleeping.

Craig argues the powers that be, are manipulating the bitcoin markets the same way they manipulate gold and silver. It's no longer a closed loop system now there is more supply through derivative products.

There is a lot of copper flow off the markets, and we're seeing big spreads in silver retail markets. Most of the time the market makers win, and with gold and silver that's the futures banks.

This is a time to be paying attention, and you should be building relationships with your community. Pay close attention in the months ahead because we are in treacherous waters.

Time Stamp References:

0:00 - Introduction

0:20 - Age and Wisdom

5:13 - Moscow Gold Standard

12:32 - Paper Drives Physical

17:07 - Article - Dead Period

23:20 - Jackson Hole Speech

27:40 - Destroying Demand

33:30 - Redefining & Hubris

35:53 - Complacency & Authority

 39:52 - Changing Your Thinking

43:00 - Crypto Mortgages

48:37 - Article - Silver Factor

53:06 - Wrap Up

 Talking Points From This Episode

 - The complexity of markets today and importance of following everything.

- Russia and the BRICS movement away from the dollar.

 - The Federal Reserves hubris in thinking they can 'manage' the global economy.

https://www.youtube.com/watch?v=tGlv1mORSbk

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