GOLDILOCKS
New price changes across an entire Financial System requires new codes to be written into the system that emphasizes local currency dominance going forward demands monetary policy changes.
This is why we are witnessing several countries move into a free floating rate exchange system whereby supply and demand determines their new currency values going forward.
Morocco and Egypt are two of many countries moving to a free floating regimen in their currency payment systems. These shifts represent an alignment to, and for, a new Global Monetary System.
The new Monetary System is backed by gold and other commodities with new codes being written into these Quantum Mechanisms that will begin forming new price correlations on the markets.
For instance, new interest rates will be based upon local currency values instead of the dollar going forward. Gold held by each country as a reserve asset will minimize many of these variations on the market to stabilize Global Economies.
This is an event that has been years in the making. And, this year marks the time and place for many of these transitions to begin. Some economies will be able to mobilize these new changes quicker than others, and it is important for us to watch as these new price formations begin to form on the markets.
© Goldilocks
https://www.atalayar.com/en/articulo/economy-and-business/morocco-will-transition-to-floating-dirham-its-economy-grows/20240316060000197678.html
https://www.middleeastmonitor.com/20240315-floating-the-pound-in-egypt-between-alleviation-and-exacerbating-crises/
https://www.xm.com/research/markets/allNews/reuters/interest-rates-increasingly-important-for-currencies-53790298
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