Jim Rickards has revealed a new Distributed Ledger technology in his Daily Reckoning newsletter. Distributed Ledger is also known as Blockchain, or decentralized ledger accountancy. It is the same technology and method fundamentally used for the cryptocurrency exchange of Bitcoin, as well as many other allegedly âindependent digital currencies.â The SDR currency implemented through Distributed Ledger will be the destroyer of the current global reserve currency (USD). The USD was pulled off of Life support on March 1st, 2018 and it’s organs shall be used for the so called Special Drawing Rights of the IMF, wherein a basket of several currencies will replace the USD for the settlement of international trade agreements. The challenge for you and me is that it will not be a solution for âWe the Peopleâ pursuant to the coming economic crisis to follow this global paradigm shift. Jim Rickards is a lawyer, economist, and a well-known New York Times âBest Selling Writerâ in regards to financial matters, and how these macroeconomic shifts can and will affect the masses. He is especially known as the one who predicted the financial crisis in 2008. Rickards is one of the editors of Agora Financial, and has 35 years of experience in Wall Street.
The coming destruction of the U.S. Dollar has been obvious for a very long time to those who have been paying attention, so the G47 Marketplace, iCovest, and the ISDAwere established specifically for the good and wise people of a Global YES to CASH movement in order to offer an alternative organic economic strategy as a financial, economic, sustainable and honorable trade solution for anyone who desires a world economy based upon a system of real intrinsic value, wherein no Hypothecated SDR distributed ledger technology would bear any real effect upon a collective of people participating in strategies presented to a society that says “YES to CASH” within a G47 Global Honor Economy.
If you have not already started to prepare for these events to come, we strongly counsel you to start CoVesting forward, and begin securing the currency value of your nest egg savings, or determine other solutions you may require for your wealth storage by CLICKING HERE.