Implications of Open Monetary and Information Networks
Recent decades have been characterized primarily by closed systems, both financially and online. The financial system as we know it has been a rather closed system for ages, consisting of various silos. Banks and brokerages operate permissioned ledgers. Opening accounts with institutions is a permission activity. Sending assets between institutions is a permissioned activity domestically and especially globally. The base currency itself has a central issuer.
The Road to a Single Fiat World Currency
What if the world’s states were to come together and create a single world currency? From a purely economic point of view, there would be significant advantages if every nation didn’t operate with its own money but with the same currency. Not only for an individual economy, but for the world economy as a whole, the optimal number of currencies is one. Let’s take a look.
Argentina to pay for Chinese imports in yuan rather than dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the country's dwindling dollar reserves. In April, it aims to pay around $1 billion of Chinese imports in yuan instead of dollars and thereafter around $790 million of monthly imports will be paid in yuan, a government statement said. The decision aims to ease the outflow of dollars, Argentina's Economy minister Sergio Massa said during an event following a meeting with the Chinese ambassador, Zou Xiaoli, as well as with companies from various sectors.
The World Economic Forum Says It Will 'Accelerate' Implementation of Globalist Agenda 2030.
The United Nations (UN) and the WEF appear frustrated by a lack of progress made towards their ‘Great Reset‘ ideology, alongside Agenda 2030, the socialist, ideological successor to the failed “Millennium Development Goals”. The WEF – led by German engineer Klaus Schwab, whose father once worked for the Nazi Party apparatus – has said previous efforts to implement their plans “suffered unforeseen setbacks due to the COVID-19 pandemic, major negative impacts of climate change, and the rising cost of food and fuel everywhere due to the conflict in Ukraine.” Global leaders and representatives are, therefore, being summoned to “strategize” and expedite the progress of what the WEF refers to as “arguably the greatest-ever human endeavor undertaken to create peaceful, just, equal, and sustainable societies.”
Get Unlimited Access to All Courses, Training Programs and Guides with a Membership to Heresy Financial University
Now you can get unlimited access to Joe's entire library of training material. All inclusive access with one monthly membership.
This library of courses, training programs and guides is constantly expanding, and members receive access to it all. This means, of course, that the price for the membership will go up in the future once the library gets bigger. But for existing members, your price won't change. And you'll still have access to all the future material.
If you have been waiting for the right time to take your financial education to the next level, this is it. Become a HFU member today.