Monday, August 12, 2024
Government Advisor: Increased Export Capacity Boosts Currency Value, 12 AUGUST
The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Saleh, stated that the global currency rates are determined in two main ways: floating and fixed prices, indicating that there are many local and international factors that control the strength of the currency, such as supply and demand, interest rates, inflation, growth in the local economy, trade balance, and others.
While he pointed out that the strength of the national currency is linked to its external value, specifically the exchange rate, as the external value of money is directly linked to the stability of the current account of the balance of payments, especially in the long term.
Saleh said in an interview with “Al-Sabah” followed by “Al-Eqtisad News”, that “the stability of the external value of the currency requires a balance or surplus in the current account of the balance of payments relative to the gross domestic product, which should indicate a stable state at a minimum of no less than 4 percent annually, and that achieving this goal certainly depends on a sustainable increase in the annual growth rate of the gross domestic product, and exports exceeding imports within the country’s trade balance.”
Dr. Saleh pointed out that if “the country has the capacity to export goods and services more than it imports, this enhances the value of the national currency, especially the external value of the currency itself, and here the economy indicates a positive state, in addition to the availability of supporting foreign reserves that represent the main buffer against potential external factors and their effects on the overall economic situation.”
The government advisor also explained that “foreign reserves express the ability to maintain the stability of the external value of money, i.e. the stability of the exchange rate, including the strength of the commercial efficiency of reserves, which should cover the money supply in the broad sense, and more than 75 percent of that supply, noting at the same time that high sovereign and private debts can weaken the business, unless there is good financial management of debts that always leads to strengthening confidence in the national currency.”
Saleh pointed out that “the other aspect that is linked to the value and stability of the currency is the internal value of the national currency. Just as we talk about the stability of the external value of the currency, i.e. the exchange rate and its exchange power with other currencies, the internal value of the currency is the other aspect of the stability and strength of the currency. Here, the value of the national currency is directly linked to the general level of prices, i.e. the inflation index.” He explained, “If the general level of prices means the strength of goods and services expressed in money, then there is a correlation between price stability and the value of the national currency itself. This requires the availability of a wise monetary policy undertaken by central banks that makes the growth in the money supply commensurate with the growth in the gross domestic product or national income.”
The speaker noted that “the quantity theory of money is based on the principle of the neutrality of money, which holds that the cause of inflation in the long run is money itself, as growth in the money supply that is not proportional to growth in the gross domestic product leads to either inflation or contraction in the growth of the general price level. Therefore, the effect of money on the overall economy, as addressed by the quantity theory of money, means that if the amount of money in the economy increases, and there is no parallel increase in economic output, this will lead to an increase in the general price level.” link
LATEST FROM MR. POOL, 12 AUGUST
MR. POOL
As expected, the NESARA/GESARA announcement is scheduled for August 19 (Monday)
Funds in US dollars have been released for archives and
Payment will be ready next Monday.
Also, to start a USN account.
Prerequisites are being finalized.
Payment is scheduled for August 12.
GESARA is also scheduled to be announced on August 12.
Additionally, bonus payments will begin on Friday, August 16
The bonds were redeemed on Thursday the 8th
US Navy Notes of the 19th and
Currency revaluation will be announced.
As expected, on August 19 (Monday)
NESARA/GESARA is scheduled to be announced.
Announced on 08/12
84 days later, November 5
They will be GESARA elections
Trump kept saying 5/11.
In a way, I realized it was true.
----
MR. POOL
Get ready for the Global Currency Reset (GCR), the Quantum Financial System (QFS), the Black Swan Event and the NESARA GESARA TRUMPSARA Revolution!
Quick explanation about NESARA and TRUMPSARA
The world is on the brink of a paradigm shift in the financial system, and at the heart of it all are NESARA and TRUMPSARA. If you find yourself confused, surprised, or even skeptical about these terms, you're not alone. Delve into the complex world of the economic revolution, where we dissect the nuances, unravel the complexities, and shed light on what these transformational initiatives truly represent.
Buckle up, truth seekers! You are about to embark on an exciting journey into the complex finances of NESARA and TRUMPSARA.
These terms, while confusing to some, are signposts on the path to transformative change in our global economic landscape. So, begin this dramatic and revelatory exploration, and get ready to change your worldview!
If you have ever found yourself in the murky waters of financial jargon, I assure you that NESARA is a term you need to become familiar with. The National Economic Security and Reform Act, or NESARA, is more than just an acronym - it is the genesis of an unprecedented global economic revolution.
Introduced in the United States, NESARA encompasses a series of financial reforms aimed at eliminating the systemic flaws of our current economic apparatus. Imagine a world where inflation is a term consigned to the history books, where “debt” is an archaic concept, and where prosperity is not a privilege but a right. That is the world that NESARA promises to create.
Let us now enter the majestic kingdom of TRUMPSARA.
As the name suggests, this concept gained attention during the term of former US President, Donald Trump. Considered by many to be an extension or variation of NESARA, TRUMPSARA aims to implement a series of radical financial reforms on a global scale. The essence of TRUMPSARA lies in its ambition – a vision to restore financial power to the people and maintain economic justice everywhere in the world.
As we delve deeper into NESARA and TRUMPSARA, we discover many of their pillars. Among the most profound is the idea of a “Global Currency Reset” or GCR. This implies an economic reset that creates fiscal balance between nations, a stark contrast to the traditional power dynamics we see in the world economy today. .
But what does all this mean for you and me? That means we are on the brink of change – enormous and unprecedented change. NESARA and TRUMPSARA are more than just financial buzzwords; they are harbingers of a world where economic equality reigns, where wealth is not hoarded but shared, where the power of the dollar is restored and where the chain of debt is finally broken.
Coffee with MarkZ. 08/12/2024
On Currency Exchanges and Zim Bond Redemption BY JOHN F. , 12 AUGUST
On Currency Exchanges and Zim Bond Redemption:
Judy Note: I am assuming since JFK wrote the below on Telegram that it is official information on Zim Bond Redemption and International Default Exchange Rates.
However, we have not received any verification that it is – just as what Julian Assange and DaveXRP Lion put out on Zim Redemption is not official and written in their opinion only.
I am in hope we will receive official instructions and correct information prior to making our currency exchange and Zim redemption appointments so we can properly prepare.
John F. Kennedy on Telegram:
- Those holding ZIM bonds will receive a $500 million advance until structured payments begin.
- All non-ZIM FX proceeds (currency exchanges?) will be immediately accessible.
- For those who choose to place their funds under a structured payment program (SPP), there will be an advance of up to $250 million until the first SPP payment is made.
- You will have 90 days to exchange
Have all currency on a spreadsheet and a copy for your appointment personal.
Currency should be separated by countries and denominations
Have your projects ready with a copy for your appointment personal.
Have your amounts ready to take care of your immediate needs.
No cash will be given, but an account of $50,000 to $100,000 will be put in your account
You can bring accountants, lawyers, banker and or family members but all must sign a NDA
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