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Currency wars...

Printed From: Avian Flu Talk
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Forum Name: Latest News
Forum Description: (Latest Breaking News)
URL: http://www.avianflutalk.com/forum_posts.asp?TID=44981
Printed Date: April 26 2024 at 12:08am


Topic: Currency wars...
Posted By: Dutch Josh
Subject: Currency wars...
Date Posted: September 17 2022 at 6:42am

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DJ...Yes bitcoin mining takes a lot of energy...however normal banking, or gold, uses twice the amount of energy...so that is worse for the planet...Wall Street or Disneyland..."enviromental friendly"???

[url]https://www.zerohedge.com/personal-finance/breaking-down-uks-cost-living-crisis[/url] or https://www.zerohedge.com/personal-finance/breaking-down-uks-cost-living-crisis - https://www.zerohedge.com/personal-finance/breaking-down-uks-cost-living-crisis ;

According to the report, a single working adult needs to earn at least £25,000 a year to reach a minimum acceptable https://www.statista.com/topics/9121/cost-of-living-crisis-uk/" style="box-sizing: border-box; text-decoration: underline; color: rgb(20, 112, 178); - standard of living in 2022, while a couple with two children needs to earn £43,400 between them.

Meanwhile, a couple with two children, where one parent works full time on the National Living Wage and the other is not working, would only be able to reach 76 percent of the Minimum Income Standard (MIS) without the help of support payments from the government.

The costs of domestic fuel, food and drink, as well as social and cultural participation have seen the biggest increases in costs. These figures do not include the costs of rent and childcare, which would see the weekly sums skyrocket further yet.

Domestic fuel has more than doubled its cost since this time last year, while food and drink has increased by nearly a third as much again. The costs of social and cultural activities have also risen by around 45 percent.

Is it any wonder the UK's Misery Index is at 30 year highs...

DJ...The US made a secret deal with Saudi Arabia in 1974 to sell oil in dollars...linking oil to the US dollar-creating the "petro dollar" ...the rest of the west was not that happy with it...

Untill then both oil and the US$ were linked to gold...so energy prices were "fixed"...The US itself first half of last century was the main oil producer...

Now...

OPEC+ is moving away from the $...[url]https://tass.com/economy/1508827[/url] or https://tass.com/economy/1508827 - https://tass.com/economy/1508827 ;

25% of Russian gas supplies to Turkey will be paid in rubles soon, Putin says

DJ..Türkiye also wants to see more use of its currency-the Lira-in international trade...so does India, China...Not a problem for oil-exporters like Russia, Iran, Saudi Arabia, Venezuela...

When Iraq, Libya wanted to "dump" the US-petro-dollar they faced a NATO invasion...



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We cannot solve our problems with the same thinking we used when we created them.
~Albert Einstein



Replies:
Posted By: Dutch Josh
Date Posted: September 17 2022 at 6:48am

Of course related; 

[url]https://halturnerradioshow.com/index.php/en/news-page/world/uk-banks-changing-account-terms-can-limit-withdrawals[/url] or https://halturnerradioshow.com/index.php/en/news-page/world/uk-banks-changing-account-terms-can-limit-withdrawals - https://halturnerradioshow.com/index.php/en/news-page/world/uk-banks-changing-account-terms-can-limit-withdrawals ;

Banks in the United Kingdom have begun changing the terms of Bank Accounts to LIMIT or REFUSE withdrawals that "may affect their financial stability."

Account holders at Yorkshire Bank, for instance, received notification that the Bank changed account terms to say "We have the right to restrict transactions where we reasonably believe our financial stability may be at risk, such as actual or potential abnormal levels of withdrawals."

Put simply, if a whole slew of depositors start losing faith in the bank, and start taking THEIR money out, then the bank gives itself the right to prevent YOU from taking YOUR money out.

Changes like this don't happen by chance or for no reason.  It seems logical to many account holders that the reason the banks are doing this is that they fear something in the future will cause people to come withdraw their money.   

Bank account holders in the UK should look carefully at their account terms to see what rights the banks give themselves.  It may actually be safer for people to keep a significant portion of money OUT of banks.   This way, YOU can get to it no matter what happens to THEM.

DJ-In Lebanon people have to "rob the bank" to get their money back...On the other side, western countries did steel reserves from countries no longer following western orders...Venezuela, Iran, Afghanistan, Russia did see billions of their money being "frozen"...

Western countries even using that money to pay opposition groups-willing to follow US/western orders...(and call that "support for democracy"...).



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We cannot solve our problems with the same thinking we used when we created them.
~Albert Einstein



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