dChan
Anonymous ID: 3a67f5 April 30, 2024, 4:31 p.m. No.20801445   🗄️.is đź”—kun

$3.5 Billion Slipped Into Ukraine-Israel Aid Bill To 'Supercharge Mass Migration From The Middle East'

 

Tucked away in the $95 billion military aid package for Ukraine, Israel and Taiwan is a $3.5 billion slush fund to open new processing centers for Muslim migrants, in what Sen. Eric Schmitt described as a bid to "supercharge mass migration from the Middle East."

 

https://www.zerohedge.com/political/35-billion-slipped-ukraine-israel-aid-bill-supercharge-mass-migration-middle-east

Anonymous ID: 3a67f5 April 30, 2024, 4:35 p.m. No.20801468   🗄️.is đź”—kun

Unification Of CBDCs? Global Banks Are Telling Us The End Of The Dollar System Is Near

 

World reserve status allows for amazing latitude in terms of monetary policy. The Federal Reserve understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The dollar’s petro-status also makes it essential for trading oil globally. This means that the central bank of the US has been able to create fiat currency from thin air to a far higher degree than any other central bank on the planet while avoiding the immediate effects of hyperinflation.

Much of that cash as well as dollar denominated debt (physical and digital) ends up in the coffers of foreign central banks, international banks and investment firms where it is held as a hedge or used to adjust the exchange rates of other currencies for trade advantage. As much as one-half of the value of all U.S. currency is estimated to be circulating abroad.

 

World reserve status along with various debt instruments allowed the US government and the Fed to create tens of trillions of dollars in new currency after the 2008 credit crash, all while keeping inflation under control (sort of). The problem is that this system of stowing dollars overseas only lasts so long and eventually the consequences of overprinting come home to roost.

 

The Bretton Woods Agreement of 1944 established the framework for the rise of the US dollar and while the benefits are obvious, especially for the banks, there are numerous costs involved. Think of world reserve status as a “deal with the devil” – You get the fame, you get the fortune, you get the hot girlfriend and the sweet car, but one day the devil is coming to collect and when he does he’s going to take EVERYTHING, including your soul.

 

Unfortunately, I suspect the time is coming soon for the US and it may be in the form of a brand new Bretton Woods-like system that removes the dollar as world reserve and replaces it with a new digital basket structure. Global banks are essentially admitting to the plan for a complete overhaul of the dollar-based financial world and the creation of a CBDC-centric system built on “unified ledgers.”

 

https://www.zerohedge.com/geopolitical/unification-cbdcs-global-banks-are-telling-us-end-dollar-system-near