Entry Submitted by TJ at 11:34 PM EDT on May 22, 2019
"Re: TJ and Gold-Backed Currencies" by Ron Giles - 5.22.19
Ron,
Thank you so much for the well put together description. It gave me much to consider, and if I may, I would like to put some questions to you that came to me about the system you describe, hoping that you will be able to address them.
1) M1, who is Kim Goguen of the Manna World Holding Trust (MWHT), is the only person on earth who is legally allowed to issue certificates against assets in order to back currency. She has previously stated that certificates have already been issued against the gold held by the Chinese Elders, and those certificates are not currently held by Chinese Elders. If this is true, then of course she is not permitted to issue more certificates against that gold to back new money. How has this issue been resolved?
2) What are the guarantees that politics would never be allowed to become a part of the QFS that will obviously be controlled by those who own the only asset backing all the world's currencies and also the QFS computers? I ask this, bearing in mind the warning about a central authority exercising absolute control over our ability to buy and sell. If all the nations had some of their gold and gold-equivalent assets backing the currencies, the management and control of the currencies would be spread among all the nations, which would provide for natural checks and balances.
3) If the currencies are all to be equal, why are people talking about RV exchange rates other than 1:1?
4) I have not seen anything on how prices will be kept in check after the RV. All this money injected into the world, especially from the ZIM bonds, would normally cause hyper-inflation and destroy the benefits of the greatly increased money supply. I don't believe that the QFS is designed to control prices. What are your thoughts on this aspect?
I have always enjoyed your posts Ron, and yes, I am eager to begin on my list of projects.
TJ
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
"Re: TJ and Gold-Backed Currencies" by Ron Giles - 5.22.19
Ron,
Thank you so much for the well put together description. It gave me much to consider, and if I may, I would like to put some questions to you that came to me about the system you describe, hoping that you will be able to address them.
1) M1, who is Kim Goguen of the Manna World Holding Trust (MWHT), is the only person on earth who is legally allowed to issue certificates against assets in order to back currency. She has previously stated that certificates have already been issued against the gold held by the Chinese Elders, and those certificates are not currently held by Chinese Elders. If this is true, then of course she is not permitted to issue more certificates against that gold to back new money. How has this issue been resolved?
2) What are the guarantees that politics would never be allowed to become a part of the QFS that will obviously be controlled by those who own the only asset backing all the world's currencies and also the QFS computers? I ask this, bearing in mind the warning about a central authority exercising absolute control over our ability to buy and sell. If all the nations had some of their gold and gold-equivalent assets backing the currencies, the management and control of the currencies would be spread among all the nations, which would provide for natural checks and balances.
3) If the currencies are all to be equal, why are people talking about RV exchange rates other than 1:1?
4) I have not seen anything on how prices will be kept in check after the RV. All this money injected into the world, especially from the ZIM bonds, would normally cause hyper-inflation and destroy the benefits of the greatly increased money supply. I don't believe that the QFS is designed to control prices. What are your thoughts on this aspect?
I have always enjoyed your posts Ron, and yes, I am eager to begin on my list of projects.
TJ
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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