World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Tag: Currency (page 1 of 31)

America Moves Closer To Being A Cashless Society

WEB Notes: Personally, I am not going to shop at a place that forces me into using some app to pay for my purchase. If cash or plastic does not work, so sorry on to the next store, for now. I understand why some companies prefer this payment method. There is no cash to account for and count, no worries of it being stolen by an employee and the list goes on. Even so, enabling a policy that is cashless only, is a grave mistake.

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Fears Rise, Diapers Vanish: Iran Currency Crash Causes Chaos

Iran’s rial fell to a record low on Wednesday as worried residents of Tehran lined up outside beleaguered moneychangers, part of a staggering 140-percent drop in the currency’s value since America pulled out of the nuclear deal only four months ago.

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My Theory about Gold and Silver for Long-Term Investors

WEB Notes: I encourage you to read the whole article, Wolf does a good job. Invest if you want, have a little on hand for the days ahead, but do not place your life savings into this stuff. Make note of his point about the dollar losing 65% of its purchasing power in his example…

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US Dollar Completely Ditched In Trade Between Iran & Iraq

WEB Notes: We continue to go through this phase, nations who choose to no longer accept the dollar in trade. The current global structure continues to struggle within itself and it will continue to do so until we see the rise of the Ten Clay Kings. Even so, there will be a Deadly Wound to that system in the future.

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Turkey Calls US ‘Wild Wolves’, Vows To Abandon Dollar In Trade

WEB Notes: The current global structure continues to fight against itself. This will continue until the global restructure which marks the rise of the Ten Clay Kings.

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Argentina’s Central Bank Hikes Rates To 60% As The Currency Collapses

WEB Notes: Argentina is trying to obtain an early release on a $50 billion loan from the IMF. Going into debt is never a good idea, Argentina’s economic woes continue and will continue considering the course they are on.

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Turkey Braces For Hard Times Amid Currency Crisis, US Spat

Some Turks are reacting with defiance to their plunging currency and an escalating trade and political dispute with the United States – an indication that they are ready to endure economic pain and risk further deterioration in a key, yet troubled alliance dating from the Cold War.

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Turkish Lira Loss Deepens As PM Erdogan Calls For Citizens To Convert Out Of Dollars, Gold

WEB Notes: This is the current global structure fighting with itself. See “The Ram and The He Goat” to gain a better understanding of why the children of Satan are seeking a truly one world government system.

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The Cashless Society Is A Con – And Big Finance Is Behind It

WEB Notes: I agree with the author here to a degree. But always keep a level head, always try to see both sides of the argument and then make a rational decision, NOT based on emotion or what you would like to believe

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The Great Dollar Dump: Russia Liquidates US Treasury Holdings

WEB Notes: So Russia is not so convinced all those dollars have the “full faith and credit” of the US government. Afterall, the US is bankrupt, that is just a fact of life at this point, unfortunately.

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The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011

Consumer price inflation, as measured by the Consumer Price Index, released this morning by the Bureau of Labor Statistics, jumped by 2.8% in May from a year ago, after having already jumped by 2.5% in April.

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Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless

There are small but growing signs that Europe’s “War on Cash” is not going exactly according to plan. First, a number of central bankers began voicing concerns about its potential ramifications. Now, even in Sweden, the first European country to enlist its own citizens as largely willing guinea pigs in an economic experiment — negative interest rates in a cashless society — public support is beginning to waver.

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