Will it prove better than declaring demurrage on The US dollar? Thanks to the developers of this new crypto currency. It is claimed that the new cryptocurrency will save mining costs dramatically; that it will save on the costs of power consumption. This discovery should stimulate the mind of every …
Read More »Posthumous letter from Robert Morris
Dear President Trump, Thank you for what you are doing and for your courageous and grounded presence on this beautiful planet. I can see that you are aware and wise to the lesson learned since I helped General Washington in the war effort, and that you won’t go broke like …
Read More »Possible bankruptcy for the human slave trafficking business
After responding to a comment by MVM * with regard to declaring demurrage on The US dollar, a message was sent directly to M.V.M. Inc. in request to begin a partnership targeting the revelation and return to legitimate circulation of all the cash money paper US dollars used for paying …
Read More »The MOO-LA pulls up to Doral
Tonight Angel NicGillicuddy‘s great ship The Moo-La is floating just off the coast of the great city Doral, Florida. Angel and Barron are sitting high up in the crow’s nest. Here is the report: Meetings are going well for The New Southern Confederation of The Americas. This time it won’t …
Read More »Funding the Civil War
Using money with demurrage; The US dollar with demurrage. IT’S NOT POSSIBLE. Only using the hoardable form of money do The Civil Wars continue to get financed; paid for. It’s been happening like that for hundreds and even thousands of years. Defending the hard earned wealth of homes and towns …
Read More »MONEY: THE DEFECT CAN BE FIXED NO NEED TO ABANDON SHIP
Thank you “Memory’s Storehouse Unlocked” by John T. Bristow (January 1948) Did you know that in the beginning I created something; I made it; I worked on something and I made it with my own two hands and maybe with the help of some other friends. There was no money …
Read More »Trump won’t go broke
President Trump won’t go broke in the end like Robert Morris. He will in fact, by the time he declares demurrage on The US dollar, be also addressing our flawed system of Land Tenure; The Antiquated System of Land Ownership. He knows the problem well. Do you believe that President …
Read More »China lacks currency transparency: US
Beijing is not a currency manipulator but China’s exchange rate practices and the yuan’s recent decline are of “particular concern,” US Treasury Secretary Steven Mnuchin said Wednesday. In putting Beijing and five other US trading partners on notice, the Treasury again refrained from escalating a fight over China’s currency as …
Read More »UAE, India sign historic deal to trade directly in dirhams and rupee
The UAE and India have reached a historic agreement which will enable businesses on both sides to bypass the US dollar or any other foreign currency and trade directly in UAE dirhams and the Indian rupee. The agreement will mean large savings for business communities on both sides as trade …
Read More »Morocco loosens currency peg to attract investors
Morocco will loosen its currency peg in a long-awaited move aimed at strengthening its economy and avoiding financial imbalances that forced a slew of emerging nations into sharp devaluations. Bank al-Maghrib, as the central bank is known, will allow the dirham to fluctuate 2.5 per cent above or below its …
Read More »Enter the ‘petro’: Venezuela to launch oil-backed cryptocurrency
Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy. The leftist leader offered few specifics about the currency launch or how the struggling OPEC member …
Read More »Venezuela’s Maduro says will shun U.S. dollar in favor of yuan, others
Venezuelan President Nicolas Maduro said on Thursday his cash-strapped country would seek to “free” itself from the U.S. dollar next week, using the weakest of two official foreign exchange regimes and a basket of currencies. Maduro was refering to Venezuela’s “DICOM” official exchange rate in which the dollar buys 3,345 …
Read More »Xi Calls for BRICS to Play a Bigger Role in World Governance
Five major emerging economies opened a summit Monday to map out their future course, with host Chinese President Xi Jinping calling on them to play a bigger role in world governance, reject protectionism and inject new energy into tackling the gap between the world’s wealthy and developing nations. “We need …
Read More »Trump’s ‘Fire and Fury’ North Korea Warning Puts World on Edge
President Donald Trump’s threat to hit North Korea with “fire and fury” jolted markets from New York to Seoul even as U.S. lawmakers questioned the president’s willingness to back up the heated rhetoric. “North Korea best not make any more threats to the United States,” Trump told reporters in Bedminster, …
Read More »Oil rises one percent on weaker dollar, but U.S. drilling drags
Oil prices rose 1 percent early on Monday on a weaker dollar, but an increase in U.S. drilling activity stoked worries that a global supply glut will persist despite an OPEC-led effort to curb output. Global benchmark Brent crude futures were trading up 45 cents, or 1.0 percent, at $45.99 …
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