JFK Jr Fan
@JFKJrFan
02 February, 02:20
🇺🇸 I have very purposefully avoided the subject of NESARA/ GESARA because I always felt that it was putting the cart before the horse, until now. Call it whatever you like. I call it currency backed by reality. 🇺🇸
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Jordan Gellatly
@JordanGellatly
02 February, 02:58
In response JFK Jr Fan to his Publication
Ideally we have a national currency which is used exclusively as a unit of exchange for good and/or services in the US ONLY. Cross-border transactions should be executed via an intermediary currency (I'd expect Cryptos to become a real thing) with exchange rates actually moving on the basis of supply/demand for currency as opposed to being managed by central banks via institutional banks, etc. Managing the money supply within the US then becomes an act of balancing supply/demand for goods and labor - to the extent more is sourced within the US the better.
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Jordan Gellatly
@JordanGellatly
02 February, 03:01
In response Jordan Gellatly to his Publication
With respect to the NESARA/GESARA I'd guess this is unlikely to be implemented in full - especially the debt forgiveness part. There are legitimate institutions who provided goods/services in exchange for your promise to pay a lender; however, the concept of personal bankruptcy can probably be adjusted to work better for the people. Tax reform I think is the area where we'd most likely see traction. When combined with more stringent management of cost of government, the US could move to a consumption tax without disrupting status as global humanitarian.
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Thank you for the thoughtful response. Central banks are on life support and will not survive. Fed merged w/ the Treasury- we're on the right track.
03:30 PM - Feb 02, 2021
In response Jordan Gellatly to his Publication
Only people mentioned by JFKJrFan in this post can reply
Jordan Gellatly
@JordanGellatly
02 February, 03:51
In response JFK Jr Fan to his Publication
And good riddance to central banking. The biggest, least understood criminal enterprise of the last several centuries. A close second? Markets for financial securities (paper ones, in particular).
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