The Emerging Multipolar World with the Saker – U.S.-Iran Relations
The Emerging Multipolar World with the Saker – U.S.-Iran Relations
Interview Resources:
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"You know, macroeconomics can be likened to a large animal. An elephant or rhinoceros. It may long stay patient, pestered by flies, mosquitos and birds. Such a giant is too lazy to react to every trivial thing, but there comes a certain point when it may lose temper, get up and shake it shoulders causing everyone to run helter-skelter, and vanish in an instant. The same goes for macroeconomics. It is very hard to tear down the current trend, but if it starts to budge, whole system may go out of control. Nobody knows when this may happen, it could occur at any moment…." ~ Herman Gref, CEO of Sberbank
By Catherine Austin Fitts
The Saker joins me this week to discuss the continued deterioration in U.S.-Iran relations, including the U.S. assassination of Iranian General Qasem Soleimani and the broader implications of U.S. assassination policies. We also discuss the impact of impeachment politics on Ukraine and the continuing decline in Ukraine's society and economy. Finally, we touch on Russia's government reorganization—described in the Saker's recent piece, The new Russian government: a much needed evolution but not a revolution—as well as the extraordinary and baffling capitulation of the U.S. Administration to Israeli interests.
In Let's Go to the Movies, I will review The Russian Five. This fascinating documentary tells the true story of Russian immigrants who became American heroes, ice hockey teammates who became family, and the scrappy, resilient city of Detroit—together they became Stanley Cup Champions, twice. Imagine a world where people of different nations help each other become excellent. It is possible.
For what it is worth.
Following Mme Lagarde’s key note speeches from 2014 an on and using Gematria – she is quite clear in her use thereof, she states
1. A new world currency
2. Bretton Woods
3. Five chosen. Ethereum, XRP, XLM, VeChain, ATOM.
4. Buy XRP
5. The upcoming IPO (Ripple) may create a whole new class of millionaires.
Central Bankers claim
A. Financial inclusiveness
B. Eradicate corruption
C. Efficiency – 24/7/365, remittance cost slashed from 7% to less than a penny
Jim Rickards hints at an upcoming Mar a Lago accord. Central Banks and large banks have been accumulating precious metals. The IMF has a patent for secure and confidential communication inside the distributed ledgers of Ethereum and XRP (XRPL, XRP is the asset). The Ripple invented Inter Ledger Protocol (ISO 20020) is the interface between all currencies and assets. It will be also the Web 3.0 (Internet of Value) protocol. Assets will be tagged. All of it appears slated to be registered in the XRPL. Codius is the new Ripple platform for smart contracts, which is quite clever, as it allows use of common computer languages rather than the specials offered by alternatives.
Trond Andresen’s thesis defence can be found on YouTube. It is well worth watching. Trond simulates economical systems using Cybernetics. He shows how a stable financial system is created. One part thereof is having a strong trade currency combined with a domestic fiat currency.
The above suggests to me that the IMF SDR will ‘merge’ with XRP to create an eSDR. XRP is believed to become pro money, while XLM is believed to be people’s money. Both serve as exchange currencies as they are effective at interacting with ILP.
Ethereum is Turing complete, i.e. it is the os, the cpu, the hdd, the net work as well as the apps. It seems poised to replace the Web 2.0 dns with the Eth DLT, see the Ethereum Naming Service.
VeChain interacts with products. It is a centrally controlled coin (two actually).
ATOM is a staking coin. It can do strange things. It can serve as a router for digital asset flows. It can move an asset type A into the DLT of asset type B.
W3c (web 3.0) requires your wallet to be part of and active in your browser. The wallet never turns off.
Just my 2 cents
Yes, distinct impression that Lagarde is pushing Ripple. Need to spend more time looking at VeChain and ATOM. Thanks.
Very much appreciate the insight. Will spend more time on this now. None of this IMO is currency. But they are transactional control systems.
True, none are legal tender – yet.
All it takes for this to change, according to a central banker, is for one country to adopt a digital asset as currency. It can then be shifted into the IMF SDR currency basket.
Control systems go way back if a prof Hudson is to be believed
https://www.nakedcapitalism.com/2018/04/michael-hudson-origins-money-interest-palatial-credit-not-barter.html
Correction, xrp and xlm are referred to as bridge currencies.
Also, there is a proposal on how to convert xrp to a so called stable coin.
XRP should have a low volatility to be effective in serving as a bridge currency. Pegging major currencies and xrp (eSDR) to gold or a bag of PM would solve this.
Reading Moon of Alabama, the Saker and similar, I understood the US shifting position in the world, hence, the usd shifting use as reserve currency.
The above combined with me having liquid assets lead me into investigating PM and thereafter DLT.
Real politics, energy, environment, power balance and the monetary system all ties together.
To me, this suggests that a Jalta 2.0 quitedly has been held a while back, later to surface as a Mar a Lago accord.
I believe that DLT and smart contracts will be a driving force in the upcoming fourth industrial revolution.
US % of reserve currency is still very high. Has not dropped that much as a result of insecurity about Euro.
Early adopters seem to be
Canada, Sweden, Singapore, a Switzerland and Uruguay.
I reside in Sweden. We are about to get an eKrona. Looks like it will run in the XRPL.
Norway will be early on testing VeChain, for road and environmental tax is my guess.
The ECB task force on eCurrency will conclude 2020Q2. It is headed by Benoit Coure.
There is a bill out for a US Treasury Note. It was submitted 27 th March.
It is happening,
Claes:
Do you know why they chose XRPL?
Also, any idea how the ECB task force relates to the BIS task force?
What do you mean, there is a bill out for a US Treasury note?
Thanks!
Catherine
Yes. It is happening. The theory is that we should trust a new system designed and brought to us by the people who destroyed the last system to harvest with criminality and usury. IMO any all digital system in such a paradigm has zero integrity. I appreciate it may make money for the early adapters.
About the conclusion I arrive at as well. It may be corrupt to its core. It may be benign, if so it may get corrupt with time.
It has been hinted at since 1987 when the Economist announced the rise of the Phoenix.
Doubt it can be avoided.
The new rip off may be much larger than FED or BoJ being private. It involves agenda 2030.
The new situation is a mix of nations, new players, like China, BRICS, AIIB and so on. The old players no longer get to determine s all the rules. Hence the level playing field expression.
Here is an Outline
https://cofinaeventos.pt/wp-content/uploads/2017/09/Blockchain-Technology-Adoption-in-Finance-Isaac.pdf
https://www.imf.org/en/News/Articles/2019/05/13/sp051419-stablecoins-central-bank-digital-currencies-and-cross-border-payments
A bunch of NTT infomercials
https://youtu.be/f3FmFWaqP84
You can probably get a lot more out of the symbolisms in them than I am able. The integrated ID is in there if only for a split second.