04 January, 12:05
Charlie Ward
BANKS HAVE TO BE BASEL IV COMPLIANT as of 1-2-23.
Basel IV is they have to have ASSETS to back their position
as it was in the 1970’s.
But when they started printing money everything got out of hand.
Those days are over.
THE BANKS HAVE TO BE BASEL IV COMPLIANT.
The MSM will pretend they got an extension.
No. That was last year. There is no extension.
Basel IV is now in operation, Jan 2nd, 2023.
If you are in a position
where you don’t have assets to back your position
you’re not allowed to open your doors for business.
An interesting twist in the tale:
THEY’VE been pushing the Central Bank Digital Currency.
One problem.
IT’S NOT BASEL IV COMPLIANT.
THEY DON’T HAVE PRECIOUS METALS & GOLD TO BACK IT.
DEAD DUCK IN THE WATER.
Do your research.
Right there in plain sight.
Very difficult to launch a Central Bank Digital currency
when the banks have to be Basel IV compliant
as of today 1-2-23 💰💥
https://www.bitchute.com/v...
BANKS HAVE TO BE BASEL IV COMPLIANT as of 1-2-23.
Basel IV is they have to have ASSETS to back their position
as it was in the 1970’s.
But when they started printing money everything got out of hand.
Those days are over.
THE BANKS HAVE TO BE BASEL IV COMPLIANT.
The MSM will pretend they got an extension.
No. That was last year. There is no extension.
Basel IV is now in operation, Jan 2nd, 2023.
If you are in a position
where you don’t have assets to back your position
you’re not allowed to open your doors for business.
An interesting twist in the tale:
THEY’VE been pushing the Central Bank Digital Currency.
One problem.
IT’S NOT BASEL IV COMPLIANT.
THEY DON’T HAVE PRECIOUS METALS & GOLD TO BACK IT.
DEAD DUCK IN THE WATER.
Do your research.
Right there in plain sight.
Very difficult to launch a Central Bank Digital currency
when the banks have to be Basel IV compliant
as of today 1-2-23 💰💥
https://www.bitchute.com/v...
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Yes it is true BASEL 4 whent into action on the 3rd of january 2023
I made this post yesterday CBDC cannot be used as it is a digital FIAT coin backed by nothing. All banks not compliant with BASEL 4 will shut down and go out of business.
All your banks are central banks unles you are with a peoples bank that is funded by the people like the one I am with
They can parrot CBDC all they like and if it does become backed by gold then they have lost their power... CATCH 22 🙂
I made this post yesterday CBDC cannot be used as it is a digital FIAT coin backed by nothing. All banks not compliant with BASEL 4 will shut down and go out of business.
All your banks are central banks unles you are with a peoples bank that is funded by the people like the one I am with
They can parrot CBDC all they like and if it does become backed by gold then they have lost their power... CATCH 22 🙂
04:37 AM - Jan 05, 2023
In response Kat istheSea3 to her Publication
Only people mentioned by TruePatriotUK in this post can reply
GorillaB 369
@GorillaB
05 January, 04:50
In response True ENGLISH Patriot UK to his Publication
I read about this too. Technically any bank that does not have physical assets to back its funds should shut down.
Will be interesting how loans get handled since they just enter some digits to generate the magic $.
Will be interesting how loans get handled since they just enter some digits to generate the magic $.
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True ENGLISH Patriot UK
@TruePatriotUK
05 January, 04:57
In response GorillaB 369 to his Publication
This was nov last year which is why all banks have to be basel 4 ready because every bank needs assets and if they do not have it then they cannot get anykind of credit etc they are catch 22 hahahahah the CBDC has to be backed by precious metals it is a dead coin
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