The Public Debt Explosion and What it means for Markets

The Public Debt Explosion and What it means for Markets

Kinesis Money:  3-6-2025

The world is drowning in debt. This isn’t breaking news, but the sheer scale and potential consequences of the ongoing public debt explosion are increasingly demanding attention.

In a recent episode of Kinesis Money’s “Talking Trades,” market analysts Patrick Karim and Kevin Wadsworth delved deep into this issue, exploring what runaway debt actually means for markets and investors.

So, what does this debt explosion entail? Simply put, it’s the rapid increase in the amount of money governments owe to individuals, businesses, and other countries.

This debt accumulates when governments spend more than they collect in revenue, forcing them to borrow to cover the shortfall.

The discussion also explored the implications for specific markets. Karim and Wadsworth pointed out that assets perceived as safe havens, like gold and silver, tend to perform well in environments of high debt and currency debasement.

 They also emphasized the importance of carefully analyzing individual companies’ debt levels and financial health, as those with high debt burdens may be particularly vulnerable to rising interest rates and economic downturns.

The growing public debt explosion presents a complex and multifaceted challenge for markets and investors. While the exact timing and magnitude of its impact remain uncertain, the potential consequences are significant.

The key takeaway from Karim and Wadsworth’s analysis is the need for vigilance and informed decision-making. Investors should consider diversifying their portfolios, allocating assets to safe havens, and carefully evaluating the debt levels of the companies they invest in.

By understanding the potential risks and opportunities associated with the public debt explosion, investors can better navigate the turbulent waters ahead and protect their wealth.

https://youtu.be/JQ-luZivnqg

News, Rumors and Opinions Thursday 3-6-2025

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 Thurs. 6 March 2025

Compiled Thurs. 6 March 2025 12:01 am EST by Judy Byington

Wed. 5 March 2025: GLOBAL CURRENCY RESET: THE MOMENT HAS ARRIVED …Nesara Gesara on Telegram

Mon. 3 March 2025 – This is it: The world is shifting before our eyes.

Trump’s SOTU-style address is expected to change everything. NESARA/GESARA, the New Republic, the end of fiat, and the Global Currency Reset—all signs point to MAJOR announcements.

Bondholders are (allegedly)  getting paid, confirmations are rolling in. Private sector transactions are (allegedly) 100% confirmed. Sources say Trump (allegedly) signed off on the RV days ago. The moment of activation is NOW.

Trigger groups are (allegedly) starting TODAY. Notifications could go out at ANY MOMENT. Spendable money is coming—stay alert. Paymasters and banks are on HIGH ALERT.

Redemption centers set to open for a month—THIS IS NOT A DRILL. Exchanges have (allegedly) been scheduled at major banks. High-level sources confirm financial realignments are IMMINENT.

March 3, 2025: US Inc. DISSOLVED. The Fiat monetary system is (allegedly) OVER. The privately-owned Federal Reserve and IRS are (allegedly) SHUTTING DOWN. BlackRock—the Cabal’s financial arm—is BANKRUPT.

All non-Basel III compliant banks WILL CLOSE. The era of free, manipulated money is OVER. Gold-backed currency is here.

NESARA/GESARA ACTIVATED. The Quantum Financial System (QFS) is (allegedly) live, bringing the greatest wealth transfer in history. 134 nations are (allegedly) abandoning fiat dollars—gold-backed currencies are the new reality.

The new U.S. Republic(allegedly)  begins its fiscal year under a gold-backed US Note. The Global Currency Reset is now a REALITY.

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Wed. 5 March 2025 Quantum Financial System …QFS on Telegram

QFS Functions and Characteristics: (allegedly)

No fiat currency is legal in QFS. Banks are no longer in control. Banks are now obsolete!

QFS puts an end to corruption, and manipulation within the banking system and Central Banking system.

QFS is completely independent from existing centralized banking systems; makes all other transfer systems obsolete.

QFS is not crypto-currency. After REVAL (re-evaluation) all sovereign currencies will be asset-backed.

QFS activation ends “Central Banking System” that perpetuates what some refer to as “Debt Slavery.”

QFS is alive with controllable Artificial Intelligence that creates financial security and transparency.

A country’s sovereign currency will have the same value as another country’s sovereign currency.

Each QFS account throughout the world will be solely owned by the account holder, not owned by banks or governments.

QFS replaces SWIFT with new transparent CIPS (Cross-Border Interbank Payment System).

QFS runs on a new Photonic Computer – based on 24 GPS orbiting satellites (protected by the new U.S. Space Force). All funds are GPS traceable forever.

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

Alliance Plan

NESARA/GESARA Debt Forgiveness implementation

QFS implemented

Federal Reserve dead, IRS under new US Treasury

New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.

Read full post here:  https://dinarchronicles.com/2025/03/06/restored-republic-via-a-gcr-update-as-of-march-6-2025/

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

Sandy Ingram  Changes are happening in Iraq.  We can only hope this means an increase, even a small increase, in the value of the currency is on the agenda further down the road.  We have reason to believe the value of the currency will automatically push up once the Development Road Project is in place...

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:It appears to us there was no auction on Monday.  We don't see anything on the television and the news like usual.  We don't see it... FRANK:  We noticed that too that there were no auctions.  I really don't care...The auctions are no longer important to us but I'd like to see the flow of money, of cash money, I don't know if this is Sudani's way of continuing to hide information from Parliament.  That's the only reason I can come up with... 

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Gold/Silver Price Suppression Failing? | Andy Schectman

Liberty and finance:  3-5-2025

Andy Schectman, CEO of Miles Franklin Precious Metals, discussed key developments in the precious metals market, particularly gold and silver.

He emphasized the increasing resilience of precious metals, noting the unusual rise in standing deliveries on COMEX, signaling significant interest from sophisticated traders, nation-states, and central banks.

Schectman highlighted the massive delivery of silver and gold, particularly noting the shift in bullion from major commercial banks to non-bullion entities, which may involve sovereign wealth funds.

He also discussed the growing uncertainty in global markets, with major investors like Warren Buffett holding substantial cash reserves and treasury bonds. Schectman warned of a potential shift in the financial landscape, urging viewers to pay attention to these developments as they signal a possible coming crisis in the precious metals markets.

INTERVIEW TIMELINE:

 0:00 Intro

1:46 Gold's rebound

 10:00 Insider stock selling

 20:00 LBMA & COMEX

33:31 Silver vs gold

https://www.youtube.com/watch?v=p5By-qTjh1o

Seeds of Wisdom RV and Economic Updates Thursday Morning 3-06-25

Good Morning Dinar Recaps,

WHITE HOUSE CRYPTO SUMMIT 2025: EVERYTHING IMPORTANT YOU NEED TO KNOW

The White House Crypto Summit on March 7 will bring together crypto industry leaders and regulators for a night that many believe could shed more light on President Trump’s plans for crypto in the U.S. Here’s what you need to know.

According to FOX Business journalist, Eleanor Terrett, the summit will be a gathering of around 20 to 25 people at a roundtable setting hosted at the White House.

The White House Crypto Summit guest list, according to insiders, will be smaller than expected, but includes major crypto industry leaders and regulators from relevant government bodies. Sources claim attendees will receive official invites from the White House via email.

Earlier this month, AI and crypto czar David Sacks shared the news on his X account, saying that the White House is gearing up to host the first crypto-focused summit on March 7.

“Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there!” said Sacks in his post.

Due to the limited list of attendees, Terret said that a “larger, invite-only reception” will be held following the meeting for those not invited to the smaller round-table meeting but still considered relevant for the development of the crypto space in the U.S.

“This is all happening in real time with plans not 100% finalized so things could change but that’s what I’m hearing at this hour,” said Terret in her post.

A number of White House officials have also confirmed their attendance, including Executive Director of Presidential Council on Digital Assets Bo Hines, AI and crypto czar David Sacks, SEC Chair Mark Uyeda, and CFTC Chair Caroline Pham.

Meanwhile Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Attorney General Pam Bondi have yet to confirm their attendance at the White House Crypto Summit.

So far, around 15 crypto industry leaders from major firms like Strategy, Gemini, Coinbase, Robinhood, Ripple XRP and Crypto.com have confirmed that they will be attending the White House Crypto Summit.

On the other hand, crypto journalist Laura Shin claimed that sources say Cardano Founder Charles Hoskinson has not been invited to attend the summit. Not only that, Solana founder Anatoly Yakovenko also has not confirmed his attendance.

Here’s what we know so far about the upcoming White House Crypto Summit.

Who will be attending the White House Crypto Summit, and who will not?

According to Eleanor Terrett, the list of attendees will include prominent figures from the crypto industry, which includes Strategy Chair Michael Saylor, Paradigm co-founder Matt Huang, CEO of Exodus J.P Richardson, Robinhood CEO Vlad Tenev and Gemini co-founders Tyler Winklevoss and Cameron Winklevoss.

The White House Crypto Summit will also reportedly host major industry players such as Coinbase Base CEO Brian Armstrong, Kraken CEO Arjun Sethi, Bitcoin Magazine David Bailey, Chainlink co-founder Sergey Nazarov, Crypto.com CEO Kris Marszalek, Managing partner at Multicoin Capital Kyle Samani and World Liberty Financial co-founder Zach Witkoff.

Ripple CEO Brad Garlinghouse had been one of the first figures to confirm his attendance, not long after Sacks’ post about the summit.

“I will certainly continue to champion this while in Washington at the end of this week,” Garlinghouse had written in his March 2 post.

According to an Unchained report, inside sources claimed that Garlinghouse had been the one to convince President Trump to include Solana in the crypto reserve in order to make the inclusion of XRP in the reserve “seem more legitimate.”

When asked about the rumor, a Ripple spokesperson did not confirm nor deny it. Instead, he referred to Garlinghouse’s earlier post praising Trump’s crypto vision and emphasizing the importance of cooperation between crypto firms in reaching the industry’s goals.

However at press time, Solana founder Anatoly Yakovenko has not officially confirmed his attendance at the summit. Other crypto figureheads whose attendance status is still unclear include ARK Invest CEO Cathie Wood,  Ethereum co-founder Vitalik Buterin and Andreessen Horowitz co-founder Marc Andreessen.
 
Stablecoin firm leaders Tether CEO Paolo Ardoino and Circle USDC CEO Jeremy Allaire have also stayed quiet about the White House Crypto Summit, despite stablecoin being a major element in U.S. crypto-related policy in recent months.

Moreover, according to Unchained, a White House source claimed Cardano founder Charles Hoskinson will not be invited to the White House Crypto Summit. Many traders found this odd considering ADA is among the tokens Trump listed in his plans for the U.S. Crypto Reserve.

In a video posted on his account, Hoskinson said that he was initially unaware of ADA’s inclusion in Trump’s crypto reserve until the announcement came out.

What will be discussed at the White House Crypto Summit?

The upcoming White House Crypto Summit is set to be a discussion forum where policymakers and industry experts come together to talk about the future of crypto regulations and the U.S. crypto reserve. However, while the event is symbolically important, it may not deliver instant policy changes or a major market turnaround.

As previously reported by crypto.news, Commerce Secretary Howard Lutnick hinted that Trump will talk more about how the Bitcoin strategic reserve will be executed at the White House Crypto Summit on March. 7.

Moreover, the highly-anticipated White House Crypto Summit is expected to provide clarity on the Trump administration’s regulatory plans regarding the advancement of cryptocurrency in the U.S., which could further influence the wider global landscape.

@ Newshounds News™

Source:  CryptoNews

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CRYPTO NEWS: CARDANO’S HOSKINSON SNUBBED FOR WHITE HOUSE CRYPTO SUMMIT, RIPPLE CEO ON THE LIST

▪Trump’s White House Crypto Summit Set for March 7 – Key crypto leaders to attend, but Cardano’s Charles Hoskinson is left out.

▪U.S. Crypto Strategy Unfolds – Bitcoin prioritized over altcoins; Trump’s AI & crypto czar David Sacks to lead the discussions.

Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve. Several key figures in the industry, including members of former President Donald Trump’s crypto task force, are expected to attend.

However, as the guest list has started to take shape, one notable name is missing:

Cardano co-founder Charles Hoskinson. According to Unchained, a White House source confirmed that Charles Hoskinson was not invited to the summit, nor has Cardano been involved in any policy discussions or meetings with the administration.

“They are running around town trying to push their own sort of narrative. They are not involved in anything about trying to influence policy and they are not invited to Friday’s summit,” the White House source told Unchained.

Hoskinson’s absence is particularly surprising given recent comments from President Donald Trump. On Sunday, Trump mentioned that Cardano’s ADA, would be part of a crypto reserve, which led many to expect Hoskinson’s attendance at the event.

Confirmed Guests for the Summit

Despite the exclusion of Hoskinson, several high-profile crypto industry leaders will be in attendance. The confirmed guest list includes:

▪Brad Garlinghouse – CEO of Ripple
▪Michael Saylor – Founder of MicroStrategy
▪David Bailey – CEO of Bitcoin Magazine
▪Matt Huang – Co-founder of Paradigm
▪JP Richardson – CEO of Exodus
▪Kyle Samani – Managing Partner at Multicoin Capital
▪Zach Witkoff – Co-founder of World Liberty Financial
▪Sergey Nazarov – Co-founder of Chainlink
▪Brian Armstrong – CEO of Coinbase
▪Vlad Tenev – CEO of Robinhood
▪Arjun Sethi – CEO of Kraken
▪Kris Marszalek – CEO of Crypto.com

Hoskinson had previously hinted that he might attend a fundraising dinner for the pro-crypto PAC MAGA Inc., but the White House confirmed that he was not invited to that event either.

Key Focus of the Summit

The summit is set to run from 1:30 p.m. to 5 p.m. ET on March 7 and will be led by David Sacks, President Trump’s appointed AI and crypto czar. One of the main points of discussion will be the handling of Bitcoin and other cryptocurrencies.

Commerce Secretary Howard Lutnick stated in a recent interview that Bitcoin would be treated differently than other altcoins, as it is a significant part of President Trump’s crypto strategy.

@ Newshounds News™

Source:  Coinpedia

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SOLANA CO-FOUNDER SAYS A FEDERALLY CONTROLLED CRYPTO RESERVE WILL HARM DECENTRALIZATION ETHOS, PROPOSES STATES CONTROL THEIR OWN RESERVES

Anatoly Yakovenko, the co-founder of the Solana SOL/USD ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization.

What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.

“No reserve, because if you want decentralization to fail, you'd put the government in charge of it,” he stated as his first and the most ideal choice.

However, if reserves must be set up, Yakovenko said they should be managed by states as a “hedge” against the Federal Reserve making a mistake.

In the case of a federally administered reserve, Yakovenko proposed basing it on “objectively measurable requirements.”

“I don't care what they are, they can even be constructed such that only Bitcoin satisfies them right now, they just must be objectively measurable and rationally justified,” he explained his point.

When questioned if this was an indirect confirmation that no one from Solana pitched SOL for inclusion in the recently announced U.S. cryptocurrency reserve, Yakovenko stated, “No one asked me, and I didn’t pitch it.”

@ Newshounds News™

Source: Benzinga

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“Tidbits From TNT” Thursday Morning 3-6-2025

TNT:

Tishwash:  Inflation's freefall: Iraq hits 2.8%, economic hopes soar

Iraq’s annual inflation rate has dropped to 2.8% in the fourth quarter of 2024, down from 4% a year earlier, the central bank (CBI) announced on Wednesday.

In an official statement, CBI confirmed that core inflation, which excludes volatile food and energy prices, had also declined to 2.5% from 4.5% in the same period of 2023.

“Both headline and core inflation remain within acceptable levels, reflecting price stability and the effectiveness of Iraq’s monetary policy,” the statement read.

The latest figures point to a slower rise in consumer prices, strengthening purchasing power and reinforcing economic stability.

Notably, Iraq has experienced inflation swings in recent years. The annual rate stood at 5% in 2022 before climbing to 6.6% in 2023, driven by currency fluctuations and the impact of the Russia-Ukraine war.

Projections for the coming years remain mixed. An International Monetary Fund report in October 2024 forecast a slight increase to 3.5% in 2025, before easing to 3% by 2029.  link

Tishwash:  Prime Minister's Advisor Explains Details of "Bridge Borrowing"

 Prime Minister's Advisor Explains Details of "Bridge Borrowing"

 The Prime Minister's Advisor, Mazhar Muhammad Salih, explained today, Thursday, the details of "bridge borrowing", while indicating that more than 50% of the domestic debt is concentrated in the investment portfolio of the Central Bank.

Saleh told the Iraqi News Agency (INA): "Historically, government borrowing through treasury transfers is a type of short-term borrowing from the banking market that British public finance has adopted since the reign of Queen Victoria."

He added that "this type of borrowing was done for limited periods not exceeding weeks or financial quarters, and is known as (bridge borrowing), as it aims to bridge the temporary deficit gap resulting from the slowdown in revenues compared to actual expenditures."

He pointed out that "due to monthly financial obligations, public finance may resort to issuing treasury transfers as a financing tool to bridge the temporary deficit in the budget until cash flow stabilizes in the next period of the fiscal year."

 He added that "in light of the fluctuations in the oil revenue cycle on the general budget over the past ten years, the government was forced to borrow multiple and accumulated, which led to an increase in expenditures in three stages: the first during the war on ISIS terrorism, the second due to the economic closure caused by the pandemic, and finally the increase in expenditures in the areas of reconstruction and implementation of suspended projects."

He added that "these circumstances resulted in the accumulation of domestic public debt, part of which was borne by government banks, as more than half of it was deducted from the Central Bank of Iraq through open market operations."

He stressed that "this necessitated a complementary monetary issuance that led to a significant increase in the monetary mass, especially since the domestic public debt, amounting to 82 trillion dinars, is still mostly within the government financial and banking system, more than 50% of this debt is concentrated in the investment portfolio of the Central Bank."

He added, "On the positive side, this debt is covered by foreign currency by more than 100%, which reflects a high level of monetary stability, as the annual inflation growth rate did not exceed 3%."

He added that "despite these challenges, both the monetary and fiscal authorities seek continuous consultation in order to gradually extinguish the domestic debt," stressing that "the government relies on enhancing financial sustainability by reducing the public debt balance annually and reducing the annual budget deficit to a percentage not exceeding 3% of the gross domestic product."

He concluded that "this approach is part of a fiscal policy aimed at providing financing and protecting economic activity, which contributes to achieving stability and sustainable economic growth through coordination between fiscal and monetary policies."  link

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Tishwash:  nothing we are interested is on the agenda but at least they are saying they are going to work  but we shall see

Confirming to Shafaq News.. The Iraqi Parliament sets Saturday as the date to resume its sessions

The Iraqi Parliament has set next Saturday, March 8, as the date to resume its sessions, according to what the media department of the parliament reported.

According to the session agenda issued by the media department, and received by Shafaq News Agency, the session will witness voting on the draft law amending the fourth law of industrial investment for the private and mixed sectors, in addition to voting on a decision to recommend the Ministry of Education to reinstate the trial system. The interim parliamentary committee will also discuss its report on preserving state property.

The first reading of the draft law to cancel the ratification of the agreement exempting holders of diplomatic and service passports from entry visas between the governments of Iraq and Cyprus will also be presented during the session, in addition to the first reading of the proposed law to amend the second law of the Mukhtars, and the report and discussion of the proposed fourth amendment to the law of medical and health professionals.

Earlier, a parliamentary source reported that the parliament presidency decided to suspend the sessions and resume them next Saturday.

The source told Shafaq News Agency that the Council Presidency informed the representatives that there would be no session this week, and that the session would be held on Saturday evening after breakfast.

For his part, member of the Parliamentary Legal Committee, Mohammed Anouz, revealed to Shafaq News Agency that Parliament sessions during the month of Ramadan will be in the evening after breakfast, to ensure the continuation of legislative work before the end of the current session.

It is noteworthy that the current session of the Iraqi Council of Representatives began on January 9, 2022, and is scheduled to last for four years, ending on January 8, 2026.

No: Voting on the draft law amending the fourth amendment to the Industrial Investment Law for the private and mixed sectors No. (20) of 1998. (Economy, Industry and Trade Committee, Investment and Development Committee), (9) articles).

Anya: Voting on a decision to recommend to the Ministry of Education to reinstate the trial system.

Third: Report of the interim parliamentary committee to follow up on the preservation of state property.

Fourth: The first reading of the draft law to cancel the law ratifying the agreement exempting holders of diplomatic and service passports from entry visas between the Government of the Republic of Iraq and the Government of the Republic of Cyprus No. 26 of 2023. Foreign Relations Committee, (2) Articles.

Parliament

Fifth: The first reading of the proposed law amending the second law of the Mukhtars Law No. 13 of 2011. The Committee of Regions and Governorates Not Organized in a Region, the Security and Defense Committee, the Finance Committee, the Legal Committee, (8) articles. Rajuma Ni Nowina

Sixth: Report and discussion of the second reading of the proposed law amending the fourth amendment to the Law on the Progression of Medical and Health Professionals No. (1) of 2000. (Health and Environment Committee), (13) articles.

The session begins at one o'clock in the afternoon  link  

Mot:  . Soooooo true!!! 

Mot: . Yet another ""Awareness Tip"" frum ole ""Mot"" 

Economist’s “News and Views” Wednesday 3-5-2025

Jim Willie: Trump's Plans With Ripple (XRP) & Precious Metals Backing

Arcadia Economics:  3-5-2025

With the Trump administration recently releasing the list of the 5 cryptos that it expects to hold in a strategic reserve, there's a lot of attention on Ripple (XRP), which Dr. Jim Willie thinks is headed for a precious metals backing.

And to hear his latest thoughts on what the Trump team is planing, gold, silver, and more, click to watch part 2 of this interview with Jim!

https://www.youtube.com/watch?v=PahUfRkc0L0

Atlanta Fed Now Predicting US Recession...Is It Time To Panic?

George Gammon:  3-6-2025

https://www.youtube.com/watch?v=InmPxIaRKg4

GOLD to $3,600? Liquidity Crisis Sparks Big Move! | Michael Howell

Soar Financially:  3-5-2025

The “King of Liquidity” Michael Howell, founder and president of CrossBorder Capital, joins us for an in-depth discussion on global liquidity flows.

 Michael breaks down the hidden dynamics behind secret liquidity injections, unconventional Fed stimulus measures, and China’s struggle to maintain the yuan’s parity.

He explains why the U.S. dollar may soon lose its shine against gold and whether Trump’s iconoclastic ideas could signal a return to a loose gold standard.

00:00 – Intro

00:32 – Meet Michael Howell

01:40 – Global Economy Overview

 02:31 – How Central Banks Affect Markets

03:59 – The Fed and Liquidity

 05:40 – Effects of Liquidity Injections

 07:19 – Fed’s Balance Sheet Explained

09:11 – Bank Reserves & Stress Tests

10:18 – Global Liquidity Cycle & 2025 Forecast

12:00 – Impact on Gold & Cryptocurrencies

13:58 – Bitcoin & Ethereum as Hedges

16:07 – Gold as an Inflation Hedge

18:01 – Drivers of Global Liquidity

 21:29 – Market Volatility & Collateral

23:45 – US Treasury Yields Explained

26:45 – Rising Debt & Gold Prices

29:00 – China’s Impact on the Dollar

31:24 – Liquidity & Gold Price Forecast

32:00 – Global Debt & Refinancing Challenges

 35:32 – Changes in Capital Markets

38:13 – Maturity Wall & Refinancing Risks

 40:09 – Future Liquidity Crisis

42:21 – China’s Monetary Policy Impact

47:20 – Short-Term vs. Long-Term Liquidity

48:09 – Investor Tips: Gold, Bitcoin & Hedges

52:00 – Will the Fed Buy Bonds?

 54:12 – Conclusion & Outro

https://www.youtube.com/watch?v=MNX5ldF29_U

Seeds of Wisdom RV and Economic Updates Wednesday Evening 3-05-25

Good Evening Dinar Recaps,

EXCLUSIVE: GOP LAWMAKERS UNVEIL BILL TO ‘END THE FED’

Republican Utah Sen. Mike Lee and Kentucky Rep. Thomas Massie will reintroduce legislation Wednesday afternoon to abolish the Federal Reserve.

The bill, titled the Federal Reserve Board Abolition Act, would dissolve the Board of Governors of the Federal Reserve System and each Federal Reserve bank with a one-year timeframe. The bill would also repeal the 1913-era legislation that created the central bank to oversee U.S. monetary policy, according to the bill text shared exclusively with the Daily Caller News Foundation.

The congressional Republicans’ reintroduction of legislation to abolish the central bank comes after President Donald Trump has floated exerting more authority over the Federal Reserve and its monetary policy decisions.

The president signed an executive order Feb. 18 to expand his authority over so-called independent agencies but notably exempted the Fed and its authority to set monetary policy and interest rates without presidential oversight.

“[P]revious administrations have allowed so-called ‘independent regulatory agencies’ to operate with minimal Presidential supervision,” Trump wrote in the executive order.

Lee and Massie have consistently advocated for ending the independence of the Federal Reserve, citing their belief that the central bank has mismanaged monetary policy and contributed to inflation. Elon Musk has notably backed their efforts.

Trump repeatedly clashed with Federal Reserve chair Jerome Powell during his first administration. The president criticized Powell for failing to “beat” inflation after the central bank chose not to cut interest rates on Jan. 29.

“The Federal Reserve has not only failed to achieve its mandate, it has become an economic manipulator, directly contributing to the financial instability many Americans face today,” Lee told the DCNF. “We need to protect our economic future, end the monetization of federal debt that fuels unchecked federal spending, and put American money on solid ground. We need to End the Fed.”

“Americans have suffered under crippling inflation, and the Federal Reserve is to blame,” Massie told the DCNF. “During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending. By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused high inflation.”

“Monetizing debt is a closely coordinated effort between the Federal Reserve, Treasury Department, Congress, Big Banks and Wall Street,” Massie continued. “Through this process, retirees see their savings evaporate due to the actions of a central bank pursuing inflationary policies that benefit the wealthy and connected. If we really want to reduce inflation, the most effective policy is to end the Federal Reserve.”

Lee and Massie previously introduced the legislation during the 118th Congress in June 2024, but neither bill advanced in the House or Senate.

@ Newshounds News™

Source:  The Daily Caller

Download:  Link

~~~~~~~~~

BITCOIN TO BE TREATED DIFFERENTLY FROM ALTCOINS IN US CRYPTO RESERVE, SAYS HOWARD LUTNICK: REPORT

▪️A model for the US crypto reserve is set to be revealed at the inaugural White House Crypto Summit on Friday, according to The Pavlovic Today.

▪️The President is interested in a bitcoin strategic reserve, while other tokens will be treated positively but differently, Commerce Secretary Howard Lutnick told the outlet.

More details about the potential US crypto reserve are set to come out of the White House's inaugural Crypto Summit on Friday, according to independent political news outlet The Pavlovic Today.

"The President definitely thinks that there's a bitcoin strategic reserve," Commerce Secretary Howard Lutnick reportedly told the outlet. "Now there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that."

Lutnick suggested to The Pavlovic Today that bitcoin would receive a "unique status" under Trump's plans.

"A bitcoin strategic reserve is something the President's interested in. He spoke about it all during the campaign trail, and I think you're going to see it executed on Friday,” Lutnick said. "So bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently — positively, but differently," he added.

The White House Crypto Summit will be chaired by Trump's Crypto Czar David Sacks and Presidential Working Group on Crypto Executive Director Bo Hines.

Some of the Attendees:
Strategy co-founder Michael Saylor, Coinbase CEO Brian Armstrong, Kraken co-CEO Arjun Sethi and Chainlink co-founder Sergey Nazarov are expected to be among the crypto industry leaders in attendance.

President Trump announced on Sunday that, following his January executive order, he had directed a working group to "move forward" on a U.S. Crypto Strategic Reserve, including BTC, ETH, XRP, SOL and ADA — with those assets initially rising 10%, 15%, 25%, 30% and 70% from last week's lows, respectively.

Bitcoin subsequently dropped over 10%, and ether plunged more than 15% after Trump's announcement of new tariffs on imports from Canada, Mexico and China fueled risk-off sentiment — erasing the crypto reserve news gains on Monday.

Despite the recent announcements, questions remain over how any such reserve would be funded and how likely it is to be enacted — with Federal Reserve and Treasury Department options both likely to require new legislation to be passed by Congress.

@ Newshounds News™

Source:  The Block

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Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 3-05-25

Good Afternoon Dinar Recaps,

CUSTODY AND TRANSFERS OF NON-MICA-COMPLIANT STABLECOINS NOT RESTRICTED — ESMA

The European Securities and Markets Authority confirmed that MiCA rules do not explicitly ban non-compliant stablecoin custody and transfers.

The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.

On March 3, Binance announced plans to delist nine non-MiCA-compliant stablecoins, including Tether’s UDSt, for users in the European Economic Area (EEA).

Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.

According to ESMA, a key regulatory body overseeing MiCA compliance in Europe, providing custody and transfer services for non-compliant stablecoins does not violate the new European cryptocurrency laws.

Custody and transfer of non-MiCA-compliant tokens “not explicitly prohibited”

“Under MiCA, custody and transfer services do not in themselves constitute an ‘offering to the public’ or ‘seeking admission to trading’ of non-compliant asset-reference tokens or e-money tokens,” a spokesperson for the ESMA told Cointelegraph on March 4.

“These services are therefore not explicitly prohibited under Titles III and IV of MiCA,” the representative added.

Although the ESMA acknowledged that deposits and withdrawals of non-MiCA-compliant stablecoins are not prohibited, it stressed that European crypto asset services providers (CASPs) should “prioritize restricting services that facilitate the acquisition” of such assets, citing its guidance issued on Jan. 17, 2025.

Another area of confusion over MiCA?

Referring to its January guidance, the ESMA reiterated that CASPs are allowed to maintain “sell-only” services — or withdrawals — until March 31 to allow investors to exit their positions.

“Therefore, it is important that all CASPs carefully assess whether any of their services amount to an offer to the public under MiCA,” the agency told Cointelegraph.

ESMA’s confirmation that MiCA does not explicitly restrict USDt custody and transfers — while also advising CASPs to halt withdrawals after March 31 — adds to ongoing confusion over MiCA compliance.

Juan Ignacio Ibañez, a member of the Technical Committee of the MiCA Crypto Alliance, has previously highlighted that MiCA-triggered USDt delistings have been subject to many debates.

The confusion over MiCA implications for non-MiCA-compliant stablecoins is not the only area of debate regarding Europe’s new crypto regulations.

Many industry observers have previously pointed to compliance questions arising from MiCA not addressing crucial industry sectors, such as tokenized real-world assets, cryptocurrency staking and others.

“ESMA and National Competent Authorities are closely monitoring market developments continuously to ensure an orderly transition to the MiCA regime,” a spokesperson for ESMA said.

@ Newshounds News™

Source:  CoinTelegraph

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RIPPLE-BACKED NON-PROFT LAUNCHES TO EDUCATE AMERICANS ON CRYPTO

The National Cryptocurrency Association, a new non-profit organization dedicated to enhancing Americans’ understanding of cryptocurrencies, officially launched today.

The NCA has a mission of promoting crypto literacy and safe adoption nationwide in the United States.

Backed by a $50 million grant from Ripple XRP, a leading blockchain company, the NCA aims to demystify cryptocurrencies and serve as a comprehensive resource for individuals interested in using, holding, or learning more about digital assets.

“Crypto going mainstream is no longer a question of ‘if’ but ‘when’,” said Stuart Alderoty, President of the NCA. “Millions are already benefiting from crypto, making it quicker and easier to shop online, send money anywhere in the world, create apps, art, and games, or build financial futures. We’re giving a voice to users from all walks of life and serving as a guide for how to use crypto responsibly.”

The NCA website offers guidance and questionnaires for those interested in entering or investing in cryptocurrency. It features stories of everyday cryptocurrency holders and provides conversational advice for beginners.

Crypto poll findings

To assess current crypto engagement, the NCA partnered with Harris Poll to survey 10,000 U.S. cryptocurrency holders. The findings revealed that 81% are interested in learning more about the future of crypto.

Additionally, one in five American adults already use cryptocurrencies, with 76% of users reporting positive impacts on their lives, including increased financial independence and opportunities for personal growth.

The survey also highlighted diverse applications of cryptocurrencies among users:

▪39% use it for shopping
▪32% have bought, sold, or used NFTs
▪31% send crypto to family

“The opportunity for crypto — especially in the US — is now stronger than ever,” said Brad Garlinghouse, CEO of Ripple, emphasizing the timeliness of the NCA’s mission.

The NCA plans to provide educational resources, including easy-to-understand explainers and real stories from everyday people using crypto, to bridge the knowledge gap and promote responsible usage.

@ Newshounds News™

Source:  CryptoNews

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More News, Rumors and Opinions Wed. Afternoon 3-5-2025

KTFA:

Clare:  Iraq increases its gold reserves by 10 tons

3/5/2025

The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.

According to the latest schedule published by the Council in March, which Shafaq News Agency reviewed, "Iraq increased its gold holdings by 10 tons to reach 162.7 tons after it was 152.7 tons during the past month, which represents 13.6% of its other remaining reserves."

He added, "Iraq reached the 28th rank on the list out of 100 countries included in the table," indicating that "Iraq came in fourth place in the Arab world after Saudi Arabia, Lebanon and Algeria."

The Council pointed out that "the United States of America tops the list of countries with the largest gold holdings in the world, with 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,451 thousand tons, while Iceland came in last with 2 tons."

Increasing gold reserves means increasing the amount of gold held by the state or the central bank as a financial reserve, in order to enhance financial security and the ability to confront economic or financial crises.

The World Gold Council is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.   LINK

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Clare: In the coming days.. Parliamentary expectations of resuming the export of Kurdistan oil via Ceyhan

3/5/2025  Information / Baghdad.. 

Member of the Iraqi Council of Representatives Yahya Al-Muhammadi expected, on Wednesday, the consumption of oil exports from the Kurdistan Region via Ceyhan, Turkey, after it had been suspended for many months.

Al-Muhammadi said in a statement to / Al-Maalouma / agency, that “amending Article 12 constitutes a roadmap for resuming oil exports,” noting that “oil exports will be via Ceyhan, Turkey, through the SOMO company.” 

He added that "Article Twelve of the Budget Law, which was previously amended, includes compensating the Kurdistan Regional Government for the costs of production and transportation for extracting oil, which the central government set at sixteen dollars."

He pointed out that "the Kurdistan Region is on the threshold of exporting oil and handing over oil revenues to the central government according to the mechanisms specified in the Budget Law and its amendment."   LINK

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

Mnt Goat  ...we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished...I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world.  [Post 1 of 2....stay tuned]

Mnt Goat In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq but they is still aggressively moving forward...the dinar is finally rising in relation to the dollar. Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature.  [Post 2 of 2]

Proof the IQD Is Set to Increase in Value!

Edu Matrix:  3-5-2025

In this eye-opening video, join Sandy as we explore the crucial factors influencing your IQD investment. Discover how the Iraqi Dinar is strategically positioned for a potential increase in value, guided by insights from an ex-CIA officer.

Gain a deeper understanding of the U.S. economy and how it ties into international trade benefiting Iraq’s currency. Learn how Iraq's Development Road Services could boost the demand for IQD, driving its value higher.

What if the exchange rate reaches 25 cents to one IQD? Could you be in line for a significant return?

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

DUMP IT! US DOLLAR FREEFALL... (GET OUT OF THE DOLLAR NOW). IMPORTANT UPDATES.

Greg Mannarino:  3-5-2025

https://www.youtube.com/watch?v=M-ghDKlsRBw

Tariffs to Cause Ripple Effects in the Gold Market

Tariffs to Cause Ripple Effects in the Gold Market

Arcadia Economics:  3-4-2025

Financial analyst Jim Willie is sounding the alarm, claiming the recent implementation of Trump’s tariffs at midnight is a watershed moment with potentially massive implications for the gold market and the global economy.

In a recent appearance on Arcadia Economics, Willie expressed a level of excitement rarely seen, suggesting these tariffs are triggering a cascade of events more significant than anything he’s witnessed since launching his influential newsletter back in 2003.

Willie’s optimism, while perhaps counterintuitive given the potential for economic disruption, stems from his belief that these tariffs are a catalyst for exposing underlying vulnerabilities and ultimately reshaping the financial landscape.

He argues that the tariffs will act as a chokehold on global trade, disrupting supply chains and potentially triggering inflationary pressures.

“This isn’t just about trade,” Willie explains. “It’s about unraveling decades of unsustainable economic practices. The tariffs are a pressure point, forcing nations to re-evaluate their reliance on the dollar and explore alternative trading mechanisms.”

According to Willie, the disruption caused by the tariffs will expose the fragility of the current financial system, pushing investors towards safe-haven assets like gold.

He anticipates a significant surge in demand for gold as governments and individuals alike seek to protect their wealth from currency devaluation and economic instability.

“Gold is the ultimate insurance policy,” Willie argues. “As the global economy teeters, people will flock to it. The tariffs are essentially throwing gasoline on the fire, accelerating the inevitable shift towards a gold-backed system.”

While many economists and analysts express concern over the potential negative consequences of trade wars, Willie views them as a necessary evil. He believes they are forcing nations to confront long-ignored imbalances and pave the way for a more equitable and sustainable global financial order.

Whether Willie’s predictions prove accurate remains to be seen. However, his perspective offers a compelling counterpoint to the prevailing narrative surrounding the Trump tariffs, suggesting they could be the catalyst for a significant shift in the gold market and the global economy. Investors and economic observers alike will be closely watching the developments in the coming months to see if Willie’s bullish predictions for gold come to fruition.

https://youtu.be/S-JI0qSKVUc

Seeds of Wisdom RV and Economic Updates Wednesday Morning 3-05-25

Good Morning Dinar Recaps,

US SENATE VOTES TO OVERTURN CONTROVERSIAL CRYPTO TAX REPORTING RULE

The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk.

On Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from digital asset sales, delivering a significant victory for President Donald Trump’s administration and crypto industry advocates.

The measure, introduced under the Congressional Review Act, passed in a 70-27 vote, with Republicans largely united against the rule and many Democrats crossing the aisle in support.

It’s “absolutely mind-blowing” how many Democrats were willing to overturn a rule issued in the Biden Administration, Kristin Smith, CEO of the Blockchain Association, a Washington-based crypto lobbying group, told Decrypt.

The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk for final approval.

The IRS rule, finalized in December 2024 during the final weeks of the Biden administration, significantly expanded the definition of a “broker” to include decentralized finance protocols.

Industry critics argued the measure would impose impossible compliance burdens on permissionless financial systems, force DeFi protocols to register as traditional financial brokers, and require all U.S. DeFi users to tie their on-chain addresses to their identities.

"Today marks the first of many historic milestones in the regulation of digital assets in the United States in this next chapter—as we move towards the enactment of the first standalone crypto legislation," a spokesperson for the DeFi Education Fund, another D.C.-based crypto lobbying group told Decrypt.

"The DeFi Education Fund applauds the bipartisan supermajority of Senators who recognized the need to push back against regulatory overreach to protect Americans’ freedom to choose how they transact and American innovation."

The Trump administration formally backed the repeal effort on Tuesday, with David Sacks, Trump’s crypto policy chief, saying the White House “strongly supports” the resolution.

“This rule, issued as a midnight regulation in the final days of the previous administration, would stifle American innovation and raise privacy concerns over the sharing of taxpayers’ personal information, while imposing an unprecedented compliance burden on American DeFi companies,” Sacks said in a statement.

@ Newshounds News™

Source:  Decrypt

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SEC REPORTEDLY OFFERING $50K INCENTIVE FOR ELIGIBLE STAFF TO RESIGN

The SEC is among other US agencies that have been offering staff financial incentives to quit under Trump’s cost-cutting DOGE initiative.

The United States Securities and Exchange Commission is reportedly offering eligible employees financial incentives to resign or retire from the agency amid an ongoing wave of staffing changes from the regulator.

The US securities regulator is reportedly offering staff $50,000 to resign or retire by April 4, according to a March 4 Bloomberg report citing an email it reviewed.

The email, which described the offer as a “voluntary separation incentive” or “voluntary early retirement program,” was reportedly sent on Feb. 28 by SEC chief operating officer Ken Johnson to all employees.

The deadline to apply for the incentive is March 21, and eligible employees must have been on the agency’s payroll before Jan. 24. They must also voluntarily leave through resignation, transfer to another agency, or retire. They can not return to the SEC within five years. If they do so, they must pay back the incentive in full, the memo states.

The moves come as the Trump administration seeks to slash federal government staff under the Department of Government Efficiency (DOGE), led by Elon Musk.

The department has removed more than 100,000 of the federal government’s 2.3 million workers through a combination of layoffs and buyouts, reported Reuters.

Cointelegraph reached out to the SEC for comment but did not receive an immediate reply.

In early February, it was reported that the SEC was starting to scale back its 50-staff crypto enforcement unit. At the same time, SEC Commissioner Hester Peirce outlined the agency’s new approach to regulating the crypto markets, including evaluating the security status of crypto assets.

The US labor market is in the spotlight this week with key reports on nonfarm employment data, initial jobless claims data and the February Jobs Report due. These reports are considered important economic indicators, as the shift in the number of positions is strongly associated with the overall health of the economy.

Meanwhile, the SEC has dismissed legal action against a number of prominent crypto companies in recent weeks, including Coinbase, Consensys, Robinhood, Gemini, Uniswap and most recently, Kraken.

@ Newshounds News™

Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Newshound's News Telegram Room Link

Q & A Classroom Link  

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Follow the Timeline 

Seeds of Wisdom Team™ Website

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Thank you Dinar Recaps

This Might Actually Work: America’s Golden Visa

This Might Actually Work: America’s Golden Visa

Notes From the Fiefld By James Hickman (Simon Black)  March 4, 2025

In 2012, Puerto Rico was in the depths of a nearly decade-long recession and looming debt crisis.

The island had lost about 10% of its population— mostly young, educated professionals, i.e., the most lucrative members of its tax base.

So politicians did something radical: they established incredibly attractive tax incentives in order to attract new residents. Among others, the incentives provide a 4% corporate tax rate to approved businesses, and a 0% tax rate on investment income.

This attracted thousands of individuals and businesses from the US mainland.

That’s because, while US citizens typically have to pay taxes to the US government no matter where they live or earn their income, Puerto Rico is a rare exception where bona fide residents can escape US federal income taxes, according to the US tax code.

And Puerto Rico’s tax incentives were successful in attracting a lot of wealth to the island. In fact, I moved there myself and established a business under the incentives.

Countries often use their tax or immigration policies to attract new residents or businesses.

Also in 2012, for example, Portugal was facing a severe economic crisis. So in response, the government introduced its golden visa program, which provided residency to individuals who purchased qualifying real estate in the country.

The plan worked: by 2023, Portugal had issued over 11,000 golden visas to investors and 18,000 members of their families, attracting around €7 billion in foreign investment.

But by late 2023, after locals became fed-up with rising real estate prices, Portugal ended the real estate investment option.

But Portugal’s success inspired other European nations to launch similar programs. Some, like Spain’s, are also being terminated due to its success and rising real estate prices, while others programs like Greece’s, have merely raised the investment requirement. Still other countries, such as Hungary, are introducing their own programs.

Now, the United States is considering a similar approach with what the President is calling the “Gold Card” instead of “Green Card”.

At first glance that may seem seem odd, given that the US is already a highly attractive destination for investors and foreigners.

But the US is also the most indebted country in the history of the world. And it has a notoriously horrible immigration system.

For example, why on earth does the “Green Card Lottery” exist? The US should be awarding permanent residency to the best and brightest immigrants, not randomly picking out of a hat who gets to come in.

Unlike current US investor visas, the proposed “Gold Card” would require a significantly higher investment of $5 million, which is pretty steep just for residency.

But once again, the program it would replace is idiotic.

The existing US Immigrant Investor Program, the EB-5, requires an investment of around $1 million.

But it requires investors to navigate the Byzantine US immigration system. This includes submitting a business plan to State Department bureaucrats, as if they’re qualified to judge the merits of a business.

The old EB-5 program has injected billions into the US economy, but it has also faced scrutiny for fraud and administrative backlogs.

This proposed “Gold Card” visa differs in that it there is no mandate to generate US jobs, and there is no cap on the number of visas they can issue.

So the theoretical upper limit on revenue is huge.

The President mused, “if we sell a million, that’s $5 trillion... If we sell 10 million, which is possible — 10 million highly productive people coming in... that’s $50 trillion. That means our debt is totally paid off, and we have $15 trillion above that.”

Based on our analysis, we don’t think that’s a realistic estimate.

Outside of the United States, there are only about 120,000 “Ultra High Net Worth” individuals globally who are worth more than $50 million, according to UBS’ latest Global Wealth Reports.

So at a price tag of $5 million, those 120,000 people would be the primary target.

Even if half of them came to the United States, which is an extremely high estimate, it would be $300 billion, which doesn’t really move the needle.

But if they were to reduce the price tag to, say, $1 million, especially if it could be paid over time, then the global market could potentially generate millions of applications, and the total revenue potential for the federal government could go into the trillions.

It’s also worth pointing out that new foreign residents who cough up a million dollars to become new US residents should have a significantly positive impact on the economy.

The President also teased an idea of providing tax incentives as well, that they would only owe tax on their US income, and not their foreign income.

Currently, citizens and Green Card holders owe tax to the US government on their worldwide income. What the President is referring to is known as “non-domiciled” or “non-dom” tax regime, where only income earned in the US would be taxed.

“Non-dom” tax regimes are nothing new. The UK had a very popular one until they screwed it up last year. As a result, many welathy foreigners who were living in London are now fleeing to places like Switzerland, where you can negotiate a tax deal directly with the government.

There’s no clearer contrast to the right and the wrong approach to attracting wealth and talent to your country.

America should be considering all its options if there is any hope of reversing the decline.

And this is a good sign of that mindset. However, the outcome is still far from certain.

On the other hand, from an individual American’s perspective, it’s great that there are already golden visa programs around the world that can help you diversify internationally with foreign residency, property ownership, and investment.

Because if you live, work, invest, and have everything you hold dear in one jurisdiction (which happens to be the most indebted government in the history of the world) that’s a significant risk.

With problems the size of America’s, you don’t want all your eggs in one basket.

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/this-might-actually-work-americas-golden-visa-152159/