Golden Rule | “He Who Owns the Gold Makes the Rules” + “Gold Is Money. Everything Else Is Credit.” - JP Morgan + 99% Don’t Own Gold? China Finds Record Gold Deposit? - 11/30 + Russia's Hits Record Gold Reserve- 11/10
Cathie Wood | "It Is a Global Monetary System. It Is a Very Big Idea. Big Professor, Mentor, Friend...A Rules Based Global Monetary System." - Cathie Wood (Ark Invest - 1/28/2025) "A Perfect Record of Every Transaction."
CBDCs | Central Bank Digital Currencies "The Central Bank Will Have Absolute Control On the Rules and Regulations That Will Determine the Use (Of Money)." - Agustin Guillermo Carstens (General Manager of the Bank of International Settlements)
Fractional Reserve Banking | "Up Until Covid Banks Had to Keep On Hand 10% of Your Deposit, Then They Could Lend Out the Other 90%. When Covid Hit, They Got Rid of Those Rules. Then Banks Only Had to Keep 0% of My Deposit."
CBDC | How Do Central Bank Digital Currencies Work? | "The Central Bank Will Have Absolute Control On the Rules and Regulations That Will Determine the Use (Of Money)." - Agustin Guillermo Carstens (GM of the Bank of International Settlements)