Seeds of Wisdom RV and Economic Updates Thursday Morning 1-9-25

Good Morning Dinar Recaps,

RIPPLE’S RLUSD GEARS UP FOR EXCHANGE LISTINGS – WHAT IT MEANS FOR CRYPTO’S FUTURE

Ripple RLUSD stablecoin enters new markets through major cryptocurrency exchange platforms. Ripple President Monica Long confirms “imminent” expansion plans. The move aims to cut down crypto market volatility. During her Bloomberg interview, Long said, “RLUSD will become a key component of Ripple’s payment infrastructure.”

Ripple’s RLUSD Stablecoin Could Ease Crypto Volatility and Adoption Challenges

Current Trading Activity Shows Strong Demand

RLUSD started in December 2024, and it keeps a fixed 1:1 rate with USD. The Bullish cryptocurrency exchange handles 76% of all RLUSD trades. These happen mainly in RLUSD/USDC and XRP/RLUSD pairs. Furthermore, the Sologenic exchange adds $3.4 million daily XRP/RLUSD volume, making up 3.56% of all RLUSD trading. Thus, the Ripple RLUSD stablecoin shows high trading activity.

Payment Infrastructure Growth Powers RLUSD Adoption

Last year saw Ripple’s payment business double in size. This growth puts RLUSD stablecoin at the heart of their system. “Our payment business saw remarkable growth throughout 2024,” Long stated. She noted how stablecoin adoption keeps rising. RLUSD helps users move money in and out during high crypto market volatility and facilitates the ongoing use of Ripple RLUSD stablecoin.

Chainlink Partnership Reinforces Security Measures

Ripple teamed up with Chainlink to improve RLUSD price tracking. This works on both Ethereum and XRP Ledger. Their system stops price tricks and keeps data safe. Many independent operators check the data. This matters as more cryptocurrency exchange sites add RLUSD, underlining the growing role of Ripple RLUSD stablecoin in maintaining price stability and security.

XRP ETF Prospects Boost Market Confidence

Long sees good chances for XRP ETF approval after Bitcoin and Ethereum. “XRP could be next in line for ETF approval,” she said. She points to changing U.S. politics. Big names like WisdomTree and Bitwise want SEC approval. This shows growing trust in Ripple’s work and supports the Ripple RLUSD stablecoin’s robust market confidence.

Future Outlook for RLUSD

RLUSD stablecoin fights crypto market swings while pushing stablecoin adoption forward. Long stated that “RLUSD’s expansion across major exchanges represents a significant milestone in our mission to transform digital payments.” Better security through Chainlink and more cryptocurrency exchange options show Ripple’s long-term plans regarding RLUSD.

@ Newshounds News™

Source:  Watcher Guru

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HONG KONG'S BOLD STEP: HKMA’S NEW INITIATIVE TO BOOST DLT ADOPTION IN BANKING

Hong Kong, considered as one of the thriving financial hubs of Asia, is know for its welcoming attitude towards innovative technologies, especially those capable of strengthening its dominance in the financial sector.

The Hong Kong Monetary Authority, which is responsible for the upgrading of the nation-state’s financial framework, has launched a new initiative to help banks adopt distributed ledger technology safely and efficiently. What does this bold move actually signify? Does it open a new era of innovation in the banking sector in Hong Kong? Let’s examine!

What is HKMA’s Supervisory Incubator for DLT?

Helping banks to integrate distributed leader technology is the prime purpose of the HKMA’s initiative. The prime merit is that banks are offered an opportunity to safely and efficiently adopt DLT. This is very important to ensure that banks get maximum benefit from any integration with DLT.

Why is HKMA’s Initiative Important?

Primarily, there are three reasons why this initiative is pertinent.

▪️Firstly. It supports innovation in the banking sector.
▪️Secondly, it promotes the usage of tokenisaed deposits and smart contracts.
▪️Thirdly, it offers a strong framework for easy adoption of DLT.

Potential Benefits of DLT for Banking

▪️The prime benefit of DLT integration in the banking sector is that it enables real-time updation and autonomous bookkeeping.
▪️Additionally, it allows the creation of a simplified reconciliation framework.
▪️It facilitates the development of tailored financial products employing smart contracts.  

Recent Crypto Developments in Hong Kong

Recently, a proposal was presented by Hong Kong Legislative Council member Wu Jiexhuang to include Bitcoin in the national reserve of the nation-state. The lawmaker pointed out that the country could leverage China’s “one country, two systems” policy to impliement the proposal.

In conclusion, Hong Kong’s DLT initiative by HKMA is a significant step towards a more innovative and efficient banking future. It also reflects the nation-state’s growing focus on embracing blockchain technology.

@ Newshounds News™

Source:  Coinpedia

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XRP ETF: RIPPLE PREZ SAYS IT COULD SPARK THE NEXT BIG U.S. CRYPTO BOOM

In a recent Bloomberg interview Ripple President Monica Long sent shockwaves through the crypto community when she said an XRP ETF could be the next big thing in the US.

With the US regulatory environment looking good and a crypto friendly administration potentially on the horizon the approval process for an XRP ETF could speed up.

Long said after Bitcoin and Ether XRP will be the next spot ETF in the US “I think we will see more spot ETFs this year out of the US and I think XRP will be next” Crypto investors are excited as XRP continues to gain momentum with adoption and clarity.

What Makes XRP ETF a Potential Game-Changer?

Bitcoin and Ether ETFs were a game changer for the crypto market, giving traditional investors a regulated and secure way to get into digital assets. If an XRP ETF was approved it would open up institutional investment in XRP on a large scale and get XRP into the mainstream markets. An XRP ETF would be a big deal for Ripple and its growing community of investors and partners.

Long also mentioned the changing political landscape and that the new administration could speed up approvals of crypto related filings. This would give investors more confidence and grow the space faster.

Ripple’s Expanding Role in Crypto and Finance
XRP ETFs are still in the filing process but Ripple is already active in other parts of the crypto space. The company just launched its RLUSD stablecoin which is now regulated by the New York Department of Financial Services (NYDFS). With RLUSD being fully compliant with financial regulations it will be a key part of Ripple’s future of money and payments.

Ripple is also making RLUSD more useful by integrating it with the Chainlink standard so it can interact seamlessly with DeFi protocols. This opens up more use cases for RLUSD and makes it an asset for financial institutions and blockchain projects.

@ Newshounds News™

Source:  FX Leaders

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IMF ASKED KENYA TO ESTABLISH CLEAR CRYPTO REGULATIONS: WHAT’S NEXT?

▪️IMF urges Kenya to update outdated crypto regulations for consumer protection and financial stability.

▪️Kenya advised to align crypto laws with global standards to address scams and AML concerns.

▪️IMF suggests defining crypto assets in financial laws to avoid regulatory confusion.

The International Monetary Fund (IMF) has recommended that Kenya create a clear regulatory framework for its cryptocurrency market. This call comes after rising concerns about consumer protection, anti-money laundering (AML), and combating terrorism financing (CFT). The IMF’s advice highlights the growing need for Kenya to update its outdated laws to evolve its crypto sector.

@ Newshounds News™

Read more:  Coinpedia

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“Tidbits From TNT” Thursday Morning 1-9-2025

TNT:

Tishwash:  Iraq, Jordan forge stronger ties to boost regional stability and economic growth

 Former Jordanian government spokesperson Mohannad Mubaidin affirmed, on Thursday, the ongoing collaboration between Iraq and Jordan to maintain security and stability in the region, particularly in light of last year’s rapid developments.

"King Abdullah II is committed to ensuring that Jordan’s relationship with Iraq is both impactful and geared towards achieving stability and security in the Middle East,” Mubaidin said in an exclusive statement to Shafaq News, adding that "several meetings have been held between the two sides, focusing on key areas, including bolstering security systems and combating terrorism."

High-Level Visits Cement Relations

Iraqi Prime Minister Mohammed Shia Al-Sudani visited Jordan on Dec. 11, 2024, meeting with King Abdullah II to discuss Arab and regional strategies amid ongoing developments in the region, particularly in Syria. This visit underscored Iraq’s strong interest in its ties with Jordan.

On Dec. 15, 2024, Iraqi Parliament Speaker Mahmoud Al-Mashhadani traveled to Amman, where he met King Abdullah II, Jordanian Parliament Speaker Ahmed Safadi, and Senate President Faisal Al-Fayez. According to a statement from Al-Mashhadani’s office, his meeting with Jordanian Prime Minister Jaafar Hassan focused on strengthening bilateral cooperation across political, economic, and security domains, aiming to support stability and development in both nations.

Economic and Trade Ties Flourish

Jordanian officials have emphasized the strategic importance of their partnership with Iraq. Mubaidin reiterated, "Jordan recognizes the depth and significance of its relationship with Iraq and consistently advocates for joint efforts to ensure Iraq’s security and stability while fostering a comprehensive partnership that benefits both nations."

Economic ties between the two countries also remain robust. On Tuesday, the Jordanian Chamber of Commerce announced that Iraq ranked as Jordan’s largest importer in 2024, with total imports valued at 691 million Jordanian dinars.

The oil trade is another vital pillar of cooperation. According to statistics released by Iraq’s State Oil Marketing Organization (SOMO) on Dec. 28, 2024, Iraqi oil exports to Jordan rose by 7.45% over the first 11 months of 2024, reaching 3.56 million barrels compared to 3.31 million barrels during the same period in 2023. SOMO further reported that Jordan imported approximately 3.8 million barrels of Iraqi oil last year under a renewed agreement signed in mid-2024.

Expanded Energy Cooperation

In August 2024, Iraq and Jordan agreed to increase monthly oil exports from 10,000 barrels to 15,000 barrels, raising the annual total from 300,000 barrels to 450,000 barrels. This expansion now covers approximately 10% of Jordan’s crude oil needs, reflecting the strengthening economic ties between the two nations.

Through mutual commitments to security, economic development, and energy collaboration, Iraq and Jordan continue to set an example of regional partnership, working together to promote stability and prosperity for their citizens. link

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Tishwash:  Head of Parliamentary Finance to World Bank delegation: We support any loans that bring benefit

On Wednesday, January 8, 2025, the head of the Parliamentary Finance Committee, Atwan Al-Atwani, met with a delegation from the World Bank headed by Jean-Christophe Carré, Regional Director for the Middle East, to discuss supporting the railway rehabilitation project within the Development Road Project, stressing support for borrowing.

 We support any loans that are beneficial.

According to a statement by Al-Atwani's office, seen by "Ultra Iraq", "the meeting reviewed the economic and regional vision of the development road project and its strategic importance in stimulating investment movement, maximizing non-oil revenues, and providing job opportunities. It also discussed the possibility of the private sector contributing to its implementation."

The meeting also "discussed the multi-stage support provided by the World Bank for the Development Road Project, including modernizing and rehabilitating the current railway network and linking it from southern Iraq through the north and reaching Turkey."

The statement added: "Al-Atwani reiterated his emphasis that the infrastructure of the development road should be in the hands of the government so that this important project that links Iraq to the countries of the world is not subject to influences." The head of the parliamentary committee pointed out that "our vision is that the development road project should not be a mere transit point, but rather we seek to make it a gateway to activate various economic and commercial activities and develop the infrastructure," calling on the World Bank delegation to present new visions and ideas regarding achieving the optimal investment for this huge project that is hoped to make Iraq an economic corridor linking Asia to Europe."

Al-Atwani stressed the "necessity of expediting the submission of the feasibility study related to the railway development plan within the development road project, and contributing to mobilizing international expertise and attracting the private sector to invest in it in a way that achieves the country's interest."

He added: "We look forward to holding joint workshops and extensive meetings with the World Bank, to provide a full briefing on the project details and discuss its details in a way that secures broad parliamentary support for this borrowing," indicating that "the Finance Committee supports any loans that are economically feasible and bring great benefit to the Iraqi economy, especially since investment in the railway sector is a successful trend and achieves a large financial return." 

For his part, according to the statement, "the World Bank delegation appreciated the valuable comments made by Al-Atwani within the framework of the rapid transition from the planning and vision stage to the implementation stage, stressing the World Bank team's readiness to submit the feasibility study, project path and details by next February."  link

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Liquidity ‘shortage’ dismissed by economic expert Dagher, calls for focus on non-oil revenues

Economic expert Mahmoud Dagher rejected the notion of a liquidity crisis in Iraq due to sufficient financial revenues and stable oil prices exceeding $70 per barrel. In an interview with Al-Rasheed TV, Dagher emphasized that Iraq’s financial situation remains stable and capable of covering salaries, even in the event of a drop in oil prices below the budgeted threshold.

He further noted that in scenarios of declining oil revenues, the government has the option to reduce or halt investment expenditures to secure operational budget requirements, a strategy previously adopted during former Prime Minister Haider Al-Abadi’s tenure.

He concluded by urging a focus on non-oil revenues to diversify Iraq’s financial resources, cautioning against populist approaches to economic policy and calling for pragmatic decision-making to address the country’s structural financial challenges.

Excerpts from Mahmoud Dagher’s interview:

We have three types of salaries in the state: employees, retirees under the Pension Authority and the Social Welfare Network, which is covered by the Ministry of Finance through its dollar revenues, converted into dinars via the Central Bank. In case of a liquidity shortage, borrowing becomes the alternative.

There is no liquidity shortage, but rather poor management and coordination. Revenues are sufficient, and oil prices remain above $70 per barrel. Therefore, salaries cannot be stopped. However, there is a coordination issue between the Ministry of Finance and the Central Bank, as approval takes 30–40 days to be reinforced, and we need some accounting adjustments to resolve the matter.

If oil prices drop, the investment budget can be reduced or halted to ensure the operational budget is secured. Previous governments adopted this approach several times, particularly in 2015 and subsequent years.

I support an annual budget because it accounts for all variables. The three-year budget did not achieve the financial stability it was supposed to, as it remains merely a set of future plans. Moreover, we have not benefited from the annual budget system in past years due to delays in its approval.

A weak economy with limited options does not allow for ambitious moves. It requires a wise decision-maker. So far, the Iraqi government has been prudent in its economic decisions. However, Mr. Ammar Hakim’s warnings about the Syrian currency scenario are directed at political leaders, cautioning them against the risk of U.S. sanctions.

In politics, we can talk about rising growth rates, but in economics, it’s a different story. On the ground, Iraq still lags in infrastructure development. We must increase non-oil revenues, and if some are displeased, so be it—because we must move away from populism. link

Mot:  So how Cold is Cold 

Mot:  ... So There 

More News, Rumors and Opinions Wed. Afternoon 1-8-2025

KTFA:

Toyvp:  Vietnam Closely Watching FX Market After Dong Fell to Record

(Bloomberg) -- Vietnam’s central bank said it’s keeping a close eye on the local currency which fell to a record low last week, with Deputy Governor Dao Minh Tu pledging to stabilize the dong while keeping inflation on an even keel.

The State Bank of Vietnam will “closely monitor the market situation to manage exchange rates flexibly and appropriately, while synchronously coordinating it with other monetary policy tools to control inflation and ensure macroeconomic stability,” according to a statement issued Tuesday as SBV officials held a briefing.

The SBV will maintain a flexible monetary policy, according to the statement. Earlier in the briefing, Tu described the policy stance to be appropriate amid recent calls for some tightening to steady the dong. The strength of the US dollar after Donald Trump won the US presidency is impacting global currency markets including Vietnam, according to Pham Chi Quang, the head of SBV’s monetary policy department, at the same event.

The dong rose to 25,378 per dollar after the SBV remarks, poised to extend gains for a four straight day. It fell about 5% in 2024, hitting a record low in the last two days of the previous year.

The outperformance of Vietnam’s economy last year, along with manageable inflation, gives the monetary authority scope to consider policy tightening. In 2023, the SBV delivered among the region’s early monetary easing when it cut the refinancing rate, one of the key levers used by the central bank to guide borrowing costs, three times to 4.5% from a peak of 6%.

While the base case is for Vietnam to maintain monetary policy steady this year, “we do not rule out the risk the SBV could be forced to hike policy rates or devalue the currency, in the event of persistent US dollar strength,” Malayan Banking Bhd analysts Brian Lee Shun Rong and Chua Hak Bin wrote in a note on Monday.

Maybank estimates that with repeated intervention, Vietnam’s foreign currency reserves plunged to about $80 billion by the end of 2024 from peak of $109.6 billion in January 2022. Vietnam doesn’t give updates on its FX reserves.

Asia’s growth star posted a 7.09% economic expansion in 2024, putting it in a strong position to achieve growth of at least 8% this year. Still, officials remain wary of the impact from Trump’s threat to impose broad tariffs.

Story Continues   https://finance.yahoo.com/news.....ccounter=2

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Clare:  Exclusive: Iraq signs 8 memoranda of understanding with Iran covering 3 areas

1/8/2024

Government sources revealed on Wednesday that Iraqi Prime Minister Mohammed Shia al-Sudani will sign about 8 memoranda of understanding with Iran in the security, economic and tourism fields.

The sources told Shafaq News Agency, "The visit of Al-Sudani and his accompanying delegation was not limited to discussing the latest developments and changes in the region and its security only, but it is hoped that memoranda of understanding (security, economic and tourism) will be signed according to controls and paragraphs agreed upon between the two sides."

The sources explained that "the memoranda of understanding will be signed by members of the delegation accompanying the Iraqi Prime Minister with their counterparts from the Iranian side."

Earlier today, Prime Minister Mohammed Shia al-Sudani reiterated his respect for the will of the Syrian people and support for any political framework they choose, while stressing Baghdad's keenness to establish balanced relations with all regional and international parties.

Al-Sudani said, in a joint conference with Iranian President Masoud Pezeshkian, which was followed by Shafaq News, that "the visit to Tehran comes to strengthen bilateral relations between the two countries and the meeting with Pezeshkian, discussed this file and at the level of all common areas," indicating that "the meeting also witnessed a discussion of the file of supplying Iraq with gas and energy."

Al-Sudani added, "The coming days will witness ministerial-level meetings between the two countries to discuss strengthening joint relations between Baghdad and Tehran," stressing at the same time "following up on joint projects with Iran, especially the railway and housing sectors."

During his current visit to Tehran, Al-Sudani discussed with the Speaker of the Iranian Islamic Shura Council, Mohammad Baqer Qalibaf, "bilateral relations between Iraq and the Islamic Republic of Iran, and ways to enhance them in a way that serves mutual interests, and emphasized the enhancement of cooperation in common files, as well as supporting cooperation between the legislative authorities in Iraq and Iran, in a way that contributes to consolidating the interests of the two countries."

The meeting also discussed, according to a statement by Al-Sudani's office received by Shafaq News Agency, "developments in Syria, where the unity of Syrian territory was emphasized, support for security and stability in it, and the necessity for the new political system to guarantee the rights of all Syrian components and spectrums, as well as joint work to reduce tensions and double efforts to establish regional and international peace and security."

Al-Sudani arrived in the capital, Tehran, on Wednesday morning, on an official visit in response to an invitation extended to him by Iranian President Masoud Pezeshkian.   LINK

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

Militia Man  Article Quote: "The Central Bank of Iraq and the US Federal Reserve are moving towards authorizing Iraqi banks to contract with international auditing companies."  Why is the world would you be doing that if you weren't going international?   You wouldn't...We're not talking about the central bank or the state banks, we're talking about [private] Iraqi banks... Quote:  "This step is a turning point that contributes to drawing a clear map for the work of Iraqi banks on the global stage as they deal with international correspondence and financial guarantees in addition to instant transfers."

Walkingstick  The fact that Sudani is talking so much about the purchasing power to the Iraqi citizens is amazing...It puts us exactly where we need to be with this monetary reform education...IOO no prime minister has ever made such bold promises to the citizens of his nation.  These conversations of giving purchasing power to the citizens have never been seen in the Middle East nor said by a prime minister of the Middle East.

Fed Insider Warns of 2025 Stock Market Crash

George Gammon:  1-8-2025

https://www.youtube.com/watch?v=o5IQ0x8cR8o

BRICS Major Expansion 2025: Indonesia Joins BRICS as Full Member Amid Tensions in Southeast Asia

Lena Petrova:  1-8-2025

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

2025 Market Crash? Inflation Risks and Economic Shifts Revealed

2025 Market Crash? Inflation Risks and Economic Shifts Revealed

Wealthion:  1-8-2025

The champagne corks might be popping on Wall Street in 2024, with equity markets seemingly defying gravity. However, beneath the surface of record highs and bullish sentiment, a sense of unease is growing.

Are we witnessing the final act of a speculative bubble, poised to burst in 2025? A deeper look into the current economic landscape reveals a complex web of factors that could very well trigger a major market correction, and experts are starting to sound the alarm.

In a recent discussion, James Connor sat down with Dylan Smith of Rosenberg Research to dissect the critical market and economic trends that will define 2025. Their analysis paints a picture of a financial landscape fraught with potential pitfalls, driven by a confluence of factors, from frothy markets to shifting central bank strategies.

One of the central concerns is the apparent overvaluation of equity markets. The rapid climb seen in 2024 has many questioning if we’re entering dangerous territory, fueled by speculative buying and a sense of invincibility.

 Combined with this, the specter of inflation continues to loom large. While central banks have attempted to tame price increases, the risk of a resurgence, driven by lingering supply chain issues and global uncertainties, remains very real. This precarious combination could easily trigger a market sell-off as investors scramble to de-risk.

The Federal Reserve’s (Fed) strategy, often referred to as the “Powell pivot,” is another crucial element in this complex equation. The Fed’s moves to manage inflation through interest rate hikes have had a ripple effect across global markets. However, the pace and magnitude of these adjustments are critical.

A misstep could inadvertently push economies into recession, exacerbating any market downturn. This precarious balancing act is particularly challenging given the varying economic situations of different nations.

The discussion also highlighted the stark contrast between the economic performance of the United States and Canada. While the U.S. has displayed surprising resilience and growth, Canada appears to be grappling with a “lost decade” of sluggish economic activity and challenges including high levels of household debt. This divergence creates a unique kind of risk, as global market events could impact these two interconnected economies in very different and potentially unpredictable ways.

Adding to the complexity is the potential impact of Trump’s tariff policies, a subject that’s back on the radar with his reappearance on the political scene. Increased tariffs can disrupt global supply chains, exacerbate inflationary pressures, and potentially trigger retaliatory actions from other nations, further destabilizing the global economic landscape.

Such policies introduce a significant degree of uncertainty into market forecasts, making it even harder to navigate the financial year of 2025.

Ultimately, what emerges from this analysis is that 2025 is shaping up to be a year of considerable uncertainty. Shifting central bank strategies, the potential for renewed inflation, global geopolitical instability, and the potential for disruptive political factors all contribute to a volatile financial landscape. While predicting the future is impossible, the indicators are flashing warning signs, suggesting investors should be prepared for significant market turbulence.

The insights provided by Smith and Connor underscore the importance of vigilance and a diversified approach to investing. Staying abreast of global economic trends, understanding the potential ramifications of central bank policies, and avoiding the temptation to chase short-term gains may be crucial for weathering the potential storm ahead.

While the current market exuberance may feel comforting, a dose of realism and a careful consideration of the risks is essential for navigating the financial complexities of 2025.

https://youtu.be/yzfi9tl-oNg

How Much Money Is in the World Right Now?

How Much Money Is in the World Right Now?

November 8, 2024   Written by  Scott Jeffries

Money transformed the entire idea of the barter system. A medium of exchange for centuries, it keeps the world in flow, enables countries to trade, store wealth and foster friendly relationships.

Typically, every country has a central bank that regulates and manages the money supply, working in coordination with the government. This regulation plays a key role in shaping economic dynamics, including wealth distribution.

In today’s world, income inequality is a defining characteristic of nations, with the financial bar to join the top 1% varying drastically from one country to the next. Below is a look at countries with the highest and lowest income requirements to crack the top 1%, giving a snapshot of how wealth is distributed globally.

Money Supply Types

Economists divide money into categories based primarily on how liquid it is, according to the Federal Reserve Bank of Richmond. The range starts at the narrowest and most liquid with M0 and, in the U.S., goes up to the broadest and least liquid, M3. Each M level includes the levels that precede it, so M3 includes M0, M1 and M2.

The central bank in the U.S. is the Federal Reserve System, which publishes U.S. currency data based on three of the four Ms:

How Money Supply Is Measured

M0: Referred to as the monetary base, M0 includes all the money in circulation, including money banks hold in reserve. According to the Federal Reserve’s data for September 2024, there was about $2.3 trillion in circulation.

M1: It includes all the M0 money supply, adding the money held in travelers’ checks, demand deposits, other types of checkable deposits and negotiable orders of withdrawal. As of September 2024, the seasonally adjusted stock of M1 totaled $18.15 trillion.

M2: It includes all of the currency from the M1 money supply, and expands to include mutual funds, smaller time deposits, money market securities and other types of time deposits. M2 currencies are usually less liquid than M1, meaning you can’t convert M2 money into cash as easily. The total stock of M2 was $21.22 trillion in September.

M3: It includes all the elements of M2, plus institutional money market funds and large time deposits. As compared to M1 and M2, M3 assets have the lowest liquidity. The Fed no longer calculates M3.

After covering different types of money and how much is circulating and held in the U.S., here’s a look at the important question: “How much money is there in the world?”

How Much Money Is in the World?

The total amount of money in the world can be measured and expressed in many different ways, so it’s difficult to give a specific answer.

Money Supply

If you’re curious about the total value of notes and coins in circulation, the Bank for International Settlements estimated it to be $8,275,000,000,000, or $8.28 trillion U.S. dollars, across 20 major countries plus the euro area in 2021, its most recent estimate. Of course, there are nearly 200 countries in the world, so this is just a rough estimate of the most narrowly defined — and perhaps easiest to quantify — category of money.

The global M1 supply, which includes all the money in circulation plus travelers checks and demand deposits like checking and savings accounts, was $48.9 trillion as of Nov. 28, 2022, according to Visual Capitalist. That publication estimated the total value of the M2 supply to be $82.6 trillion.

Money is also present in the form of investments and derivatives. The total global market capitalization of the world’s roughly 80 major stock exchanges is $110.2 trillion according to Visual Capitalist. The total market cap of cryptocurrency, as reported by CoinMarketCap, adds another $2.5 trillion to that figure.

All combined, the M2 money supply, stock exchange capitalization and cryptocurrency total $195.3 trillion.

Gross Domestic Product

Another way to view global wealth is by gross domestic product, which is the total value of all the goods and services produced and purchased within a given country over the course of a year or other time period.

While GDP measures a nation’s production and tracks its economy’s growth or contraction, the International Monetary Fund notes that GDP has a number of shortcomings, including its failure to measure residents’ standards of living and well-being. One reason is the disparity in GDP distribution — a country’s residents don’t benefit equally from GDP growth.

Human Development Index

The Human Development Index adds context to the GDP and money supply by measuring countries’ longevity and education as well as their income. According to the United Nations Development Programme, the HDI acknowledges that longevity and education are as important to a country’s development as its economic factors.

Where the economic factor is concerned, the HDI measures gross national income instead of GDP because GNI represents what residents earn rather than the value of what they produce.

In 2023, the global gross national income totaled $105.7 trillion, according to the World Bank Group. But just as GDP fails to reflect disparities in the benefits of production, GNI doesn’t reflect income inequality, which is why it’s important to view the figures in the context of the other factors.

How Much Money Is There per Person in the World?

Estimates of how much money there is per person in the world vary widely because of the several different ways to measure it.

Using the Federal Reserve’s $2.3 trillion M0 currency figure and a current world population of 8.17 billion, per Worldometer, there’s about $282 per person in the world, on average. Using the M1 figure, the amount is $2,221. Using the M2 figure, the amount per person is $2,597.

However, not all estimates include every country or every person, and the figures vary widely based on whether they represent average or median wealth.

For example, UBS Wealth Management publishes an annual Global Wealth Report. The 2023 report, which is the most recent containing a global net private wealth estimate, put the average figure at $84,718, but it only counted adults, and it only used figures for the 60 countries with the highest total wealth.

In a report on that data, Visual Capitalist also provided the median amount per adult — $8,654.

As with GDP and GNI, global estimates don’t reflect the enormous disparities in wealth from one country to the next, or from one individual to the next within a given country.

Good To Know

The world’s top 10 billionaires from the Forbes Real-Time Billionaires List have a total net wealth of $1.81 trillion as of Nov. 8.

Future of Money: Is Cash Going to Be Replaced?

With countries striving hard to stabilize their economies, the total amount of money in circulation is expected to increase continuously.

Currently, more people are being drawn towards using virtual or digital currencies. This is why the use of physical money is gradually decreasing with the increased popularity of digital transactions. 

China, Japan and Sweden are in various stages of developing central bank digital currency, according to The New York Times. The Bank of England and the European Central Bank are also exploring CBDCs. The Bahamas has already launched the world’s first official digital currency.

Final Take

There is nearly $21.22 trillion in the total global money supply (M2), $18.15 trillion of which is M1. Even if digital currencies render physical money obsolete, the kinds of currencies central banks are considering would still be quantifiable — just as you can quantify your bank balance or the value of your investment portfolio despite the absence of physical money in those accounts.

FAQ

Here are more answers to questions about money and currency in the world today.

 Which currency is the most valuable in the world?

The most valuable currency in the world is the Kuwaiti Dinar (KWD). One U.S. dollar equals 0.31 KWD.

What's the total value of cryptocurrencies?

The current market capitalization of cryptocurrency is $2.5 trillion, as of Nov. 8, 2024.

What is the world's total wealth?

According to the UBS "Global Wealth Report 2023," total net private wealth stood at $454.4 trillion at the end of 2022.

How many U.S. dollars are in circulation?

As of September 2024, the total amount of U.S. dollars in circulation, referred to as the monetary base (M0), was $2.3 trillion. This includes all physical currency like notes and coins, as well as money held in reserves by banks.

TO VIEW CHARTS LINK

https://www.gobankingrates.com/money/economy/how-much-money-is-in-the-world/?hyperlink_type=manual  

Seeds of Wisdom RV and Economic Updates Wednesday Morning 1-8-25

Good Morning Dinar Recaps,

BRICS TO KEEP DITCHING THE US DOLLAR IN 2025: ALLIANCE CONFIRMS

On the heels of immense threats from the West and geopolitical concerns brewing, the BRICS economic alliance appears to remain steadfast in its commitment to ditching the US dollar in 2025. Indeed, the collective has seemingly confirmed the matter, as recent discussion pointed to their belief in de-dollarization as a certain necessity.

US President-elect Donald Trump has been outspoken in his defense of the greenback. Throughout this campaign for reelection, he continually reiterated the importance of keeping the dollar as the world’s currency. After his victory, he issued a warning to BRICS specifically, threatening 100% tariffs on the bloc seeking to create their own dollar alternative.

BRICS to Keep Ditching the US Dollar Despite Trump Threats And There’s One Key Reason Why

The last year has seen the BRICS economic alliance continue their notable ascent. Once just a five-nation collective, the group phase doubled in size with its most recent expansion. Moreover, it has big plans for the global economic market that have seen the West take an undeniably favorable stance.

Although Trump has warned of impending repercussions, the BRICS bloc has reiterated that they are likely to keep ditching the US dollar in 2025 through a recent confirmation. Indeed, the group discussed the reality that de-dollarization is a necessity so long as the United States continues doing one thing.

In a recent statement, former International Monetary Fund director and Brazilian economist Paulo Nogueira Batista Jr. discussed the fact that sanctions are driving the bloc’s actions. Batista spoke to Russian President Vladimir Putin directly and relayed the foundation of its financial actions as an alliance.

“We are not against the dollar. It is the dollar that is against us,” he said in a recent interview. “Cahellengin the dollar and the US economy would not be possible, and in any case, it’s not our objective. The BRICS will serve to make us immune to sanction.”

So long as the United States continues sanctioning nations like Russia and Iran, the BRICS bloc is unlikely to shift on its de-dollarization approaches. However, that has not stopped dissension within the group from forming.

India has recently spoken about its desire to work with the incoming Trump regime. Moreover, the president-elect stated that he has been in direct contact with China. Specifically, hinting at the country taking a similarly collaborative approach.

@ Newshounds News™

Source:  Watchwe Guru

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RIPPLE CEO MEETS DONALD TRUMP: A MAJOR ANNOUNCEMENT LOOMING FOR XRP?

Ripple CEO Brad Garlinghouse has confirmed a significant meeting with President Elect Donald Trump, held at Trump’s Mar-a-Lago resort Jan 7, 2025. Accompanied by Ripple’s Chief Legal Officer Stuart Alderoty, the dinner highlights Ripple’s expanding influence amidst the changing regulatory environment in the US, sparking optimism for the crypto market in 2025.

With plans to slay 2025 with IPO and stablecoin Ripple is all set to acquire its lost territory. This closed-door meeting could be much more than just what we can imagine. Are we expecting an XRP ETF too?

Ripple’s Dinner Date with Trump, What’s Cooking?

On the social media platform X, Garlinghouse shared his excitement about the meeting, describing it as a “great start to 2025.” 

Alderoty also commented on the event with a lighthearted remark about the menu, but the dinner carries weighty implications. It comes as Ripple celebrates recent court victories against the U.S. SEC, solidifying its position as a leader in the crypto space.

The meeting hints that Ripple can get through the legal battle with SEC and this meeting is very crucial since Ripple and the wider industry are manifesting for a dismissal of Ripple vs SEC setting a crypto milestone.

Ripple is not losing ground

Ripple’s groundbreaking legal victory against the SEC, which had accused the company of selling unregistered securities via XRP, continues to shape its future. 

Attorney John E. Deaton, a pro-XRP advocate, noted that Ripple’s transparency throughout the case underscored the SEC’s aggressive litigation tactics. Despite these challenges, Ripple emerged stronger, opening doors for further advancements in the cryptocurrency sector.

Amid this legal progress, analysts are optimistic about XRP’s potential. Some forecasts predict the token could surge to $3, driven by increasing adoption and confidence in Ripple’s solutions. XRP currently trades at $2.44, with a 14% rise over the past week, signaling strong market momentum.

Expanding U.S. Operations

Ripple is also shifting focus back to the U.S. market, with 75% of its new positions now based domestically. The company secured more U.S. business contracts in late 2024 than in the previous six months combined, signaling robust growth. At the same time, political discussions, including those between Senator Cynthia Lummis and SEC chairman candidate Paul Atkins, emphasize the importance of regulatory reform to foster digital asset innovation.

Ripple is currently holding its market position with new product launches, such as the RLUSD stablecoin, which is set to expand across multiple platforms. The company has also partnered with Chainlink to integrate secure pricing into the DeFi ecosystem, further boosting its valuation.

As Ripple enters 2025, this epic meeting with Trump symbolizes a transformative year ahead, both for the company and the broader crypto space. With legal wins, product innovation, and strategic collaborations, Ripple is poised to lead the blockchain industry.

@ Newshounds News™

Source:  Coinpedia

Read more:  Twitter

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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News, Rumors and Opinions Wednesday AM 1-8-2025

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 Wed. 8 Jan. 2025

Compiled Wed. 8 Jan. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 6 Jan. 2025 TNT Call: Tony said he is 99.9% sure the RV will happen within two days. There is a meeting going on right now discussing when to release the authorization codes. Tony was told that Tuesday or Wednesday the RV will start for us. The RV should be on Forex this Friday for the general public.

Tues. 7 Jan. 2025 Bruce: “By tomorrow morning Wed. 8 Jan. 2025 every bank and Redemption Center should  be connected on the StarLink Satellite System for the first time. Tier4b (Us, the Internet Group) notifications could come on Wed. 8 Jan. or Thurs. 9 Jan, with appointments beginning on Thurs. 9 Jan. according to sources. The R&R, Social Security increases and NESARA funds were supposed to begin this month.”

Tues. 7 Jan. 2025: BREAKING: Epic Boom! The National Quantum Initiative, XRP, NESARA GESARA, and QFS 3.0! [MUST WATCH] – amg-news.com – American Media Group

Wed. 1 Jan. 2025: Iraq’s foreign minister was in DC to settle with the new US Treasury using the new Dinar Rate. The US, having been paid in full, lifted the remaining sanctions on the Iraqi Banks. … Frank26 and WalkingStick

Mon. 6 Jan. 2025: The Quantum Financial System (QFS) (allegedly) activated Worldwide – (meaning the new gold-backed US Treasury Note replaced the fiat Federal Reserve Dollar). US Treasury(allegedly)  sent out schedule for immediate payout of Bonds. “This secure, transparent and decentralized system will (allegedly) replace the old banking structure, ensuring fairness and equality for all.” With the new Iraqi Dinar Rate stabilized, the CBI has s(allegedly) topped their auctions on the fiat US Dollar:Iraqi Dinar Iraqi Dinar Rate Stability and RV Done Now Iraqi Dinar Latest News Iraqi Dinar Today …Nesara/Gesara on Telegram 5 Dec. 2024

On Tues. 7 Jan. 2025 “The CBI will be back on Tues. 7 Jan. 2025 after the reevaluation (allegedly) happens to manage liquidity for the currency after being on Forex like India and Egypt. They already adjusted the payroll and (allegedly) started paying salaries at the new rate on Sun. 5 Jan. 2025.” Majeedsaid. https://x.com/majeed66224499/status/1875532508734832660?s=57  https://x.com/majeed66224499/status/1875532508734832660?s=46&t=Ich7hg6RGbObSjhen7byaw

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Possible Timing:

Fri. 17 Jan. Banks Zero out personal debt: Banks to begin zeroing out mortgage, credit cards and other forms of personal debt starting Fri. 17 Jan. 2025 with the national debt already taken care of by switching to the QFS, all other debt would begin to be fully paid off by the end of Jan 2025. …Gesara DurPreusse on Twitter Sun. 12 Jan. 2025.

On Sat. 25 Jan. 2025 the first phase of the Worldwide Wealth Redistribution to the general public will officially commence, directly benefiting millions and marking the start of real community rebuilding efforts.

End of March 2025: The outdated US Fiat Dollar will cease to exist, replaced by a new standard rooted in transparency and equity.

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Global Financial Crisis:

Tues. 7 Jan. 2025: BREAKING: GET YOUR POPCORN! THE FINANCIAL MELTDOWN YOU’VE BEEN WAITING FOR! THE ELITES ARE FALLING! THE EXECUTIVE ORDERS THAT CHANGED THE GAME! [VIDEO] – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/01/08/restored-republic-via-a-gcr-update-as-of-january-8-2025/

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

Mnt Goat   ...let’s revisit this...Oil and Gas law...Remember that this is a constitutional requirement...We have been told many times in articles that this “referendum” must be written and passed as part of the “Stability” for Iraq.  Article:  "A GUARANTOR OF ZEROING OUT CRISES...PARLIAMENTARY DEMANDS TO LEGISLATE THE OIL AND GAS LAW”.  In the article the Kurdistan National Union parliamentary bloc called on the federal government, on Tuesday, “to expedite and send the oil and gas law to the House of Representatives for study and approval as quickly as possible.”  Why the urgency?  WOW, WOW, WOW!

Frank26  [Sacramento California Chase bank story]   A: [The wealth manager] before he even sits down, the first thing he said, you're right.  Right now we don't exchange [Iraqi dinar] but 'when it goes live' we can help you right over there and he pointed to the tellers.  I said do you guys verify on site?  He said yep, when it goes live you can just go stand in line right there, they'll run it through the machine and...then it will be right in your account...no hesitation...It was almost like he was saying, we're waiting for it to go live too, is how I took it...  FRANK:  Nobody knows when, but they all have been put on alert.  That's why the mantra, it's a scam is no longer to be found anywhere.  It has become extinct because they are preparing to deal with this.

Global Currencies Are CRASHING: Major US Banks Warn $3,000 Gold In 2025 - What This Means

Sean Foo:  1-7-2024

2025 is starting the year with a continued currency crisis. As the US dollar rises further, global currencies including the Euro and RMB are tumbling.

Meanwhile, major US banks including JP Morgan, Bank of America and Goldman have declared gold to reach over $3,000 dollars. Here's what you must know.

Timestamps & Chapters:

0:00 Global Currency Crisis Gets Worse

2:43 Why The Dollar Could Soar HIGHER

5:59 US Trade War To Crush Currencies

8:34 Big Win For Gold?

10:00 US Banks Declares Record Gold Price

 12:37 Biggest Threat To The U.S.

https://www.youtube.com/watch?v=FSMFsdpRHC8

“Tidbits From TNT” Wednesday Morning 1-8-2025

TNT:

Tishwash:  Article 12 obstructs budget schedules and Parliament is unaware of the size of expenditures and deficit

 Member of the Parliamentary Finance Committee, Jamal Kojer, expected on Tuesday that the budget tables would be sent in February, while he pointed out the possibility of delaying its passage due to disagreements over Article 12.

Kocher said in a statement to Shafaq News, "The Iraqi law requires the Council of Ministers to send the state's general budget to the House of Representatives in the ninth or tenth month of each year, but this has not happened in the past years."

Koger expected that the budget tables for the year 2025 would be sent to the Council at the beginning of next February, but the disagreements over Article 12 of the budget law may delay sending the tables from the government to Parliament.

Koger added that "the House of Representatives and members of the Parliamentary Finance Committee do not have any knowledge of the details of the budget schedules for the year 2025," noting that they do not "know the size of the budget in terms of operating and investment expenses and the deficit rate so far."

Article 12 of the draft budget law includes compensation for the Kurdistan Regional Government for the costs of production and transportation of oil extraction in the region.

It is noteworthy that the representative of the Kurdistan Democratic Party bloc, Jiay Timur, confirmed earlier to Shafaq News Agency, that "the Iraqi government previously calculated in the budget law the cost of extracting oil at $6, and this is a very small number," noting that "foreign companies that work on extracting oil at a cost of up to $26 per barrel."

In June 2023, the Iraqi Parliament voted on the draft general budget law for the fiscal years (2023, 2024, 2025).  link

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Tishwash:  Iraq and America discuss the existing partnership between the two countries and enhancing cooperation

Today, Tuesday, the Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, discussed with the Chargé d'Affairs of the US Embassy in Baghdad, Ms. Elizabeth Trudeau, in the presence of the Director of the Political Section at the Embassy, ​​Ms. Michelle Siders, the general situation in Iraq, and ways to enhance cooperation and existing partnership between the two countries. 

The media office of the Speaker of the House of Representatives stated in a statement received by "Kalima News": "During the meeting, the general situation in Iraq was discussed, and ways to enhance cooperation and existing partnership between the two countries, with emphasis on the United States' support for Iraq in various fields, in a way that enhances stability and development."

According to the statement, the meeting also discussed "a number of topics of common interest, including developments in the regional situation and their effects on the Iraqi arena." 

Dr. Al-Mashhadani stressed the importance of strengthening relations between Iraq and the United States within the framework of common interests, stressing the need to continue dialogue and cooperation to support Iraq's stability and continue efforts to confront political and economic challenges. link

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

Tishwash:  Iraqi economy enters "dark tunnel" and MPs are concerned about the delay in sending budget tables

Warnings are increasing that Iraq will face major economic difficulties during the current year and the coming years, for reasons most notably its reliance on oil as the sole source of the financial budget and the lack of alternatives, especially with the increase in population. 

Experts confirm that the failure to diversify the country's sources of income and invest oil revenues in providing job opportunities and producing goods and services threatens to spread unemployment among young people, while fluctuating oil prices threatens the country's economic and financial stability. 

In this regard, economic expert Nabil Al-Marsoumi warned today, Monday, of Iraq entering a dark and critical economic tunnel due to wrong policies, which affects the vulnerable and middle-income classes.  

Al-Marsoumi said in an interview with Al-Maalouma Agency, “Iraq has begun to enter a dark and critical tunnel due to wrong economic policies, failure to provide job opportunities, and resorting to appointments, and here lies the dilemma,” indicating that "When the state is late in paying salaries, the general economic movement and all components of the private sector and the fragile and middle classes will be affected."  

He added, "There is a lack of economic development and a development vision, and therefore things will continue as they are, and whenever oil prices decline, Iraq will find itself in the midst of great difficulties." He explained that "the increase in population requires raising public spending, while revenues are stagnant as a result of relying on oil as the sole resource for the budget and the failure to use its revenues to build a diversified economy that produces goods and services."  

He points out that "there is no short-term solution and the government may resort to deducting a percentage of the Central Bank's transfers and borrowing from domestic banks, and the real solution lies in providing new financial sources other than oil," noting that " Continuing things as they are now will lead to a major problem and unemployment among young people will increase in the coming years.” 

The 2025 budget has not yet been approved, while MPs confirm that the budget schedules have not been sent to the House of Representatives. 

MP Ahmed Al-Sharmani expressed his concern today, Monday, regarding the delay in sending the 2025 budget tables by the government to the House of Representatives, noting that the parliament is still not aware of the details of these tables until now.  

Al-Sharmani explained in a statement to / Al-Maalouma / agency, that “according to the Financial Management Law, the budget tables must be sent to the House of Representatives at the end of October of each year, and that delaying this is a legal violation, especially since this delay has been repeated annually for years,” explaining that “the current delay is another legal violation, as there is no specific date for sending the budget tables.” 

He points out that "there is a possibility that the government is linking the sending of these tables to amending the law proposed in Parliament, which will lead to an additional long delay in light of the ongoing disagreements over the proposal." 

He explained that “the House of Representatives is still not aware of the 2025 budget schedules yet, and there is no specific date for sending these schedules.” 

In contrast, the Prime Minister's financial advisor, Mazhar Muhammad Salih, confirms that the growth rates of the non-oil GDP will rise to an unprecedented level during 2024, while pointing out that the government program has succeeded in controlling financial diversification in the general budget and the national economy in general.  link

Mot: WHAT!!!! -- Ur Kidding!!!!

Mot: .. We Had No Idea 

Seeds of Wisdom RV and Economic Updates Tuesday Evening 1-7-25

Good Evening Dinar Recaps,

RIPPLE CAPS RLUSD SUPPLY AT 53.1M: WHAT’S DRIVING THE MOVE?

▪️Ripple’s deliberate pacing of RLUSD issuance reflects a commitment to regulatory compliance and long-term ecosystem stability.

▪️Ripple CEO Brad Garlinghouse expressed confidence in the incoming Trump administration’s potential to boost crypto innovation and job growth.

Ripple’s launch of RLUSD stablecoin has stirred strong market sentiment, thereby giving the blockchain startup a strong footing in the rapidly evolving stablecoin market. However, the firm has introduced a 53.1 million supply cap on the RLUSD circulation, sparking curiosity about the company’s strategy.

In a thread on the X platform, popular crypto analyst Arthur noted that Ripple is making the controlled release of RLUSD stablecoin in order to preserve its value. As a result, the company is consciously curbing over-supply, which could otherwise lead to inflation and negatively impact market sentiment.

Ripple to Balnace RLUSD Supply and Demand to Prevent Inflation

Ripple seems to be exercising caution with RLUSD’s supply and holding off from issuing more tokens until market conditions indicate stronger demand. If they release too much RLUSD supply, it could increase the token’s perceived value and disrupt the balance of supply and demand.

This strategy underscores Ripple’s focus on ensuring RLUSD’s value remains sustainable and aligned with genuine market needs. By avoiding additional releases, the company aims to position RLUSD as a stable and reliable asset for both institutional and retail investors, noted Arthur.

It seems that Ripple is working to build a strong foundation that can drive the long-term value of RLUSD stablecoin, reported CNF. In the meantime, the company also plans for higher-order goals like exploring new markets and fostering partnerships while strengthening the stability of its broader ecosystem.

Regulatory hurdles may also influence the pace at which RLUSD is issued. By adopting a cautious yet deliberate approach, the company ensures compliance with regulations while positioning itself for potentially unprecedented future growth.

Brad Garlinghouse Hopeful Under Donald Trump’s Leadership

Ripple CEO Brad Garlinghouse stated that he remains hopeful as Donald Trump sets to take charge as US President ahead this month on January 20, reported CNF. In his message on the X platform, he wrote:

2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler’s SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.

He also said that Ripple has signed more US deals in the last six weeks of 2024, after Donald Trump’s US election victory. Garlinghouse highlighted the proactive efforts of key figures like Scott Bessent, David Sacks, and Paul Atkins, who are poised to play significant roles in shaping U.S. economic policy.

“Team Trump is already driving innovation and job growth in the U.S., and they haven’t even taken office yet!” Garlinghouse noted. He added that the administration’s campaign and planned Day 1 priorities already contribute to a resurgence of interest and confidence in the crypto space.

@ Newshounds News™

Source:  Crypto News Flash

~~~~~~~~~

BRICS TO KEEP DITCHING THE US DOLLAR IN 2025: ALLIANCE CONFIRMS

On the heels of immense threats from the West and geopolitical concerns brewing, the BRICS economic alliance appears to remain steadfast in its commitment to ditching the US dollar in 2025. Indeed, the collective has seemingly confirmed the matter, as recent discussion pointed to their belief in de-dollarization as a certain necessity.

US President-elect Donald Trump has been outspoken in his defense of the greenback. Throughout this campaign for reelection, he continually reiterated the importance of keeping the dollar as the world’s currency. After his victory, he issued a warning to BRICS specifically, threatening 100% tariffs on the bloc seeking to create their own dollar alternative.

BRICS to Keep Ditching the US Dollar Despite Trump Threats And There’s One Key Reason Why

The last year has seen the BRICS economic alliance continue their notable ascent. Once just a five-nation collective, the group phase doubled in size with its most recent expansion. Moreover, it has big plans for the global economic market that have seen the West take an undeniably favorable stance.

Although Trump has warned of impending repercussions, the BRICS bloc has reiterated that they are likely to keep ditching the US dollar in 2025 through a recent confirmation. Indeed, the group discussed the reality that de-dollarization is a necessity so long as the United States continues doing one thing.

In a recent statement, former International Monetary Fund director and Brazilian economist Paulo Nogueira Batista Jr. discussed the fact that sanctions are driving the bloc’s actions. Batista spoke to Russian President Vladimir Putin directly and relayed the foundation of its financial actions as an alliance.

“We are not against the dollar. It is the dollar that is against us,” he said in a recent interview. “Cahellengin the dollar and the US economy would not be possible, and in any case, it’s not our objective. The BRICS will serve to make us immune to sanction.”

So long as the United States continues sanctioning nations like Russia and Iran, the BRICS bloc is unlikely to shift on its de-dollarization approaches. However, that has not stopped dissension within the group from forming.

India has recently spoken about its desire to work with the incoming Trump regime. Moreover, the president-elect stated that he has been in direct contact with China. Specifically, hinting at the country taking a similarly collaborative approach.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

This Is What You Call A Win/Win Deal. US Steel Wins. Nippon Steel Wins. America Wins. Japan Wins

This Is What You Call A Win/Win Deal. US Steel Wins. Nippon Steel Wins. America Wins. Japan Wins

Notes From the Field By James Hickman / Simon Black  January 7, 2025

The year was 1901, and it was pretty much a who’s who of American business and finance at the time. Andrew Carnegie. JP Morgan. Charles M. Schwab. Elbert Gary (namesake of the city Gary, Indiana).

It would be as if Elon Musk, Billy Gates, and Carl Icahn all got together on a new venture. It would be pretty much guaranteed to be a big deal. Those early 20th century titans formed what would become the world’s largest and most important company in that era— US Steel.

This was a period of history in which the United States was growing by leaps and bounds. Entire cities were built from nothing. Rail was being feverishly laid across the country. New buildings and skyscrapers were going up in major cities.

And steel made it all possible. In 1901 it was the most vital commodity in the world, far more important than oil. And US Steel dominated the market; they had— by far— the best quality, the most efficient production, the most reliable distribution.

But that was more than a century ago.

Today US Steel is barely alive. It loses more than a billion dollars each year in negative Free Cash Flow, and it has only managed to survive by issuing a mountain of debt.

Now, it would be easy to blame US Steel’s problems on competition with rising, low-cost manufacturing superpowers like China and India (whose nations boast the world’s #1 and #2 steel producers respectively).

But that’s a far too simplified (and frankly incorrect) explanation. The US economy— including the steel manufacturing industry— is far more productive than India or China. Way more.

China’s Baowu Steel Group is the world’s largest steel company by production volume, with an annual output of more than 130 million metric tons. But with nearly 400,000 employees, the Chinese firm’s steel production per employee is less than HALF of what a US Steel worker can produce.

So, US Steel is still able to out-produce its Chinese competitors.

Cost is obviously a factor; US workers are clearly more expensive. But a far greater issue is all the wasteful political bureaucracy. The unions. The endless regulations and permitting. The parade of government inspectors. And most of all, politicians who deliberately hurt the company for political points.

The latter failure now belongs squarely to Joe Biden, who recently went out of his way to destroy any hope of US Steel resurrecting its former greatness.

It started in late 2023, when Japan’s largest producer, Nippon Steel, made an offer to buy US Steel. Nippon made a pretty sweet offer— $55 per share, a premium of almost 60% above US Steel’s stock price at the time.

On top of that, Nippon pledged to invest billions of dollars into US Steel to revitalize its factories and upgrade production capacity. They promised to honor all union contracts. They committed to support any national security related export controls.

This is what you call a win/win deal. US Steel wins. Nippon Steel wins. America wins. Japan (one of America’s closest allies) wins. Win/win. That’s what capitalism is all about.

TO READ MORE:  https://www.schiffsovereign.com/trends/two-weeks-before-leaving-office-joe-biden-fks-america-again-151935/

More News, Rumors and Opinions Tuesday PM 1-7-2025

Florida may go back to the gold standard

Florida Chief Financial Officer Jimmy Patronis has announced a new initiative to explore the feasibility of using gold and silver bullion as legal tender in the state.

Patronis revealed that his office is launching a study to determine how gold and silver could serve as a legal method for Floridians to purchase goods and services. While these precious metals are widely bought as investments, they currently cannot be used for transactions.

At present, 11 states, including Louisiana, Texas, South Carolina, and West Virginia, allow gold and silver to be used as legal tender. Patronis expressed his intention to add Florida to this growing list.

In a statement, Patronis's office described the study as a "major first step" toward adopting gold and silver as an alternative to the U.S. dollar. The statement also noted that such an initiative could help mitigate the "devastating" effects of inflation.

“This is an exciting initiative that has the potential for enormous growth in our state,” Patronis said. “Gold and silver have been trusted assets for thousands of years, and it makes perfect sense to use them as legal tender. I’m launching this study to determine the best way to get it done.”

In addition to addressing inflation, Patronis highlighted specific tax-exempt benefits that would accompany the use of gold and silver:

Gold and silver bullion would not be taxed as personal property.

Purchasing or selling gold and silver would not incur state tax liability.

Exchanging U.S. dollars for gold or silver would not result in state tax liability.

Historically, the U.S. dollar was backed by gold under the "gold standard," a practice that ended nationwide in 1933. The U.S. government ceased exchanging dollars for gold in 1971.

Utah became the first state to reintroduce gold and silver coins as alternative legal tender by passing legislation in 2011. Since then, 10 additional states have followed suit, and Florida could be next in line to embrace this financial alternative.

Previously perceived as a long-term, subtle issue, inflation is now recognized in everyday life. People are struggling to pay rent, with little left over at the end of the month, while grocery prices have doubled and food packaging has shrunk.

This growing awareness has heightened interest in alternatives to the current fiat system. 

While we are all optimistic about the coming administration, the damages of decades of financial and economic mismanagement are becoming more apparent. People are increasingly feeling the effects of inflation. More importantly, they are increasingly feeling the value of gold. It is that one asset has a global value, across generations, regardless of the country’s economic condition. 

The trend toward gold is not a fleeting phenomenon but a continuation of a 50-year movement. During this period, the U.S. dollar has lost over 99 percent of its value. Gold, on the other hand, gold has gone up 1446.67% since, more than beating inflation. 

That’s why even investors are recognizing this trend. Billionaire investor Ray Dalio, for instance, has encouraged investors to shift focus toward “hard money” such as gold. Similarly, Blackrock’s 2025 global outlook advises investors to consider gold and Bitcoin, citing the division of the world into competing economic blocs and a shift in reserves away from the U.S. dollar and into gold.  LINK

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

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
The feel on the streets we citizens know a new rate is coming!  Everything is pointing to to this!  FRANK:  I agree with you.  I can feel the rumbling of the earthquake that will bring you your monetary reform, purchasing power.  Things are getting very exciting...

Militia Man    The next step is to do global transactions against other currencies in dinar and other foreign currencies.  They will become similar to foreign currency in International terms.  I don't believe it's going to be at 1320 for the dollar.  It will not work as a REER.  From today, banks are closed and will not open in Iraq until next week...Monday is a national holiday, Army Day...It definitely looks like a timed mechanism in many ways.

Major Red Flags: Americans Can't Afford Homes, Consumer Debt Is Suring as Delinquencies Rise

Lena Petrova:  1-7-2024

https://www.youtube.com/watch?v=zj_G6ods3PE

WE ARE BEING THRUST DIRECTLY INTO A NEW DARK AGE. Updates... TROUBLE IN THE DEBT MARKET.

Greg Mannarino:  1-7-2025

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