gcr

What is happening with our money?

The Department of the Treasury is reporting one to one exchange for the Zim. If all currencies go to a gold backed unit. Then there will be no exchange rate. They only reason there would be for an exchange rate other than 1:1, would be if one was gold backed and the other was not. For example, if the USTN is gold back and the Zim is gold backed then the single unit of 1 dollar would equate to one ounce silver.

Zimabawe and the Global Currency Reset

There has been a lot of speculation about how the 2008 and 2009 Zimbabwe currency that has circulated around the world will be redeemed once the global currency reset comes about. I do not comprehend the speculation as anyone who knows anything about financial instruments knows that they cannot be altered in any way fashion or form as that is illegal. Even governments do not get to interfere in contractual obligations even when they are who owes the debt. They have to file bankruptcy just like any other corporation, because all of them at this point in time are corporations.

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