Goldilocks " Zimbabwe and The Goldilocks Economy" Saturday 4-29-2023
Goldilocks
and Seeds of Wisdom (SOW)
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted commentaries and links this
morning:
Visa and MasterCard's recent integration onto the QFS blockchain will enable global transactions - even large value settlements.
Look for Iraq to load their people's Visa and MasterCard
by the end of May per CBI Banker contact.
Per another article verified by our contact, currency
values will be changing between now and then if all goes well. Time will tell.
Our connections to Iraq are becoming as close as the push
of a button through the global blockchain.
© Goldilocks
Crypto News Flash LINK
Coin Telegraph LINK
Yesterday,
there were several articles about Zimbabwe going to a gold standard on May 8th,
2023.
Several things will begin to happen from that moment
forward:
* Zimbabwe will be required to have enough gold to back
every Zimbabwe currency that they print.
* It means that their exchange rate will be fixed against
other countries to prevent a devaluation of their currency in trade.
* This will lower their inflation rate and prevent an
overvalued exchange rate.
* It will lower debt ratios and create modest
growth.
* Quantitative easing through monetary policy changes
would be minimized.
* And finally, a gold standard stabilizes a currency's
foreign exchange rate.
These changes lead to a Goldilocks Economy. "A Goldilocks economy
is not too hot or too cold but just right—to steal a line from the popular
children's story Goldilocks and the Three Bears.
The term describes an ideal state for an economic system.
In this perfect state, there is full employment, economic stability, and stable
growth. The economy is not expanding or contracting by a large margin."
Read the full story here.