Brighteon Broadcast News, July 21, 2023 - The #COLLAPSE of the dollar-based international #monetarysystem is now IRREVERSIBLE
https://www.brighteon.com/10e60565-8abc-43d7-aeb2-be678cd4971c
Canada’s reserve-less #MonetarySystem offers a more simple introduction to understanding #ModernMoney / #CreditMoney
#monetarysystem #modernmoney #creditmoney
#monetarysystem and #economics question - in the Musk-Twitter deal about $25B is via "debt and loan financing". According to bank of London reports, in the modern system money gets *created* when banks issue loans. Does that imply that if (say) twitter goes bankrupt and files for chap 11, essentially 25B of money that didn't exist before gets written off? That money doesn't go out of Musk's pocket is it? Please feel free to abstract the situation. https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy
CBDCs, Not Crypto, Will Be Cornerstone of Future #MonetarySystem, BIS Says
#CBDC #CBDCs #digitalcurrency #SEC #FED #crypto #cryptocurrency #regulation #stablecoin #cryptoregulation #centralbanks #centralbankdigitalcurrency
https://www.coindesk.com/policy/2022/06/21/cbdcs-not-crypto-will-be-cornerstone-of-future-monetary-system-bis-says/
#monetarysystem #cbdc #CBDCs #digitalcurrency #sec #fed #crypto #cryptocurrency #regulation #stablecoin #Cryptoregulation #centralbanks #CentralBankDigitalCurrency
#ClayClark warns public of possible weaponization of #US #monetarysystem #intentionalinflation
https://www.naturalnews.com/2022-02-16-clay-clark-warns-weaponization-us-monetary-system.html
#intentionalinflation #monetarysystem #us #ClayClark