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The Many Masks of LaGarde
Jerome Powell and Christine Lagarde foreshadowing a blockchain based system. They are clearing setting the stage for a massive wealth transfer that will involve cryptocurrency and XRP . The next gen financial system is going got be the results of a the fiat system burning to the ground.
We are on the CUSP of the internet of value. Bitcoin reaching 18,500.00 is sign of what is to come. Central banks around the globe are setting the stage for digital currencies and public blockchains are needed in this financial system. We have been early and now its time for the big show.
The debt is climbing to levels that are unsustainable and the central banks are going to pull the rug. Be prepared this is a once in a lifetime opportunity! This is the great reset!
The Quantum financial system is a blockchain based system that involve the best cryptocurrency like Ethereum 2.0 xrp greene, Join my channel for the latest news! Price prediction, technical analysis won't be able to predict this.
Brad Garlinghouse mentioned central banks are working on top of the XRP ledger! Get ready folks!
PDF mentioned in the video
http://files.constantcontact.com/96186eae001/1a33de8b-657b-4e8d-b42d-3cd7272a9e45.pdf
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Technology raises the productivity of global and domestic economies. Understand that we are witnessing history. The banking system is a massive Rube Goldberg machine. Today we can remove the frictions of intermediaries, instantly transact, transparent systems that are auditable, autonomous systems where trust is not an issue.
Quote "we are not going back to the same economy; we are recovering but to a different economy."
2nd clip
The United States is studying digital currencies and analyzing costs and benefits. Central bank digital currencies allow nations to have negative interest rates. Around the globe, debt is unsustainable, and the way we can keep the fiat system running is to take interest rates negative. The more issues in the traditional markets, the closer we are to releasing an unfavorable yielding central bank digital currency or CBDC.
Benefits are enormous for the.
For the US economy
For our payment system
For the international front.
The tech speaks for itself, and now the FED is going to analyze it.
"we've been actively participating" with Andrew at the Bank of England and Christine Lagarde at the European central bank and other central banks at the BIS
This 2017 documentstates that Ripple collaborated with the federal reserve and England's bank on cross-border payments/. The results were positive. The link is in the description below. This has been the game plan for a very long time. The central banks have been testing and studying this technology. Today we have a crisis that requires this technology, and everything is falling into place.
The massive amount of debt that the united states owe is a loss of confidence in the US dollar. If the US debt continues its trajectory and increases exponentially, the rest of the world loses their faith when using dollars for trade. The FED announcing a digital currency means that every nation has the green light for a digital currency, and that is more pressure on the Dollars dominance. If the united states wanted to keep the world reserve status, they would save confidence by paying off the debt; a CBDC is an instrument to sustain the perpetual debt, not to pay it off.
These are the important altcoins like my friend bearbale bull and xrp chiz
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