Author Topic: Yellen's Dilemma 073017  (Read 381 times)

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Ron Besser

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Yellen's Dilemma 073017
« on: July 30, 2017, 09:11:05 PM »
As many of you know I will be in charge of certain requirements to fund the Magisterial Mission through material corporations located on Urantia in the State of Pennsylvania, USA.  That is where I live and it is really convenient for me to live next to my work.  


Looking at the Federal Reserve Chief, Janet Yellen, she holds one of the most powerful positions in the world as it discerns who and what monetary policy works best for the United States, and to a certain extent, much of the western and eastern nations States who trade and do business in the world's major financial institutions.  In looking at the coming crisis in the Monetary Fund, which she also Chairs, the entire matter will come down to just how much debt can the Magisterial Mission pay off?  That answer is quite complicated but let us see what can happen when many banks will fold and the Federal Reserve has to pay off the insurance they carry for deposits in most banking institutions.


I am just a little cog in the wheel of what has to be innovative training for the Federal Reserve and it has to be Janet Yellen who carries the banks to their soft landing when she pays off depositors and bad investments alike.  For instance if the world monetizes its debt today, in the US she would pay off about $16 trillion dollars to depositors and that would end the financial crisis; however, China holds about $6 trillion dollars of our debt and she would be forced to pay them that amount too.  That brings her indebtedness to $22 trillion dollars so far.


The Bank of India is owed by the US about $5 hundred million dollars, and the Bank of Japan is owed about $14 trillion US dollars as well so we must add about $14.5 trillion dollars on top of the $22 trillion owed noted above.  We are now talking about $36.5 trillion dollars and we have not counted it all up yet.  The Magisterial Son, Serara, thinks the total indebtedness is around $40 trillion dollars and climbing alarmingly fast and would quickly overwhelm the US Federal Reserve at that rate.


So then how does the United States handle that debt?  The answer is to monetize the US debt at 10% percent on the dollar, and then pay off in indebted notes for the remainder to do the final count a hundred years from now after world recovers from the financial disaster looming everywhere today.   But the Magisterial Mission intends to stop that from ever happening and will insist that Janet Yellen pay the debt in full by selling gold bars at the rate of $1,250 per troy ounce, and that is about where it is today in value on the New York market and auction houses around the world.  That takes the American gold reserves to the level of about $40 trillion today, and to do that the Federal Reserve must resist monetizing everything until they reach parity on world gold markets which we will not allow to happen, although Janet Yellen sees it that way for now.  She prefers to seel gold reserves at $2,000 per troy ounce and double her profits from the debts she incurred for the past twenty three years as a practicing financial specialist at the Federal Reserve before she became Chairman.


When Janet Yellen saw gold fall to $800/ounce amount five years ago she feared the Federal Reserve would have to pay indebtedness off at par value to the gold already in storage.  She arranged to share the cost of gold with Puerto Rico where she now stores about six billion dollars in gold to sure up that poor country and so on.  When gold went to $1,350 per troy ounce a few years ago she was thrilled to see her profits double over the issue of settling debt, but no one called her on it except China who joyfully purchased about $600 billion dollars in gold for its reserve markets.  She saw gold climb so high then she was willing to sell China all of that and more, but unfortunately gold slumped to the current level we see today of about $1,205 per troy ounce in New York.  gold in London sells at a premium because the British protect the Pound Sterling with gold ingots larger than the United States stores as ingots and so the difference is a slight premium for the Commonwealth's gold backing of Sterling at this time in Britain.


For this reason, Yellen will not back Sterling at the current parity rate of of about $1.313 per Sterling note in US dollars.  See index close for 28 July (2017) in Figure below.

box - see bottom margin for graphic



At this rate the Bank of New England with whom we are affiliated, could reduce out indebtedness by three billion dollars as it presently capitalized.  But we intend to use that bank in order to monetize our gold bullion at $1,250 per troy ounce.  If gold goes to $1,300 per troy ounce before the crisis we monetize our gold at $1,300.  Given the problems of pricing gold in today's market we see we need about six thousand gold bars to clear the Urantia debt completely, and that we intend to do immediately.  Since the gold market will tend to undersell us or oversell us we will fix the rate with the Federal Reserve and hold them to a new gold standard most monetarists do not like to hear about since if forces a nation to stay within its reserve capacity and dare not let gold out pace its currency value.


This is Serara on behalf of Ron Besser who is assigned to be our monetarists so long as he observes the rules that gold may not be transferred at a higher volume than the set price of $1,250 per troy ounce.  If gold goes to $3,000 per troy ounce we must pass legislation in the US Congress recognizing gold value at that level in order to maintain gold backing properly.  If we mint only gold certificates or gold coins, we can float the dollar and that is probably what we should do pending review of this plan to be instituted in Phase I of the Magisterial Mission.


Questions are solicited since this represents policy for the coming years in the Untied States and around the world as far as the eye can see for now.  This is Serara and I bid you good day.


Ron Besser - We thank the Magisterial Son, for finalizing the plan for currency and dollar reserves in the United States and elsewhere in the coming divine missions to our planet, Urantia.  Thank you.

END  (see edit next)


EDIT made on 31 July 2017 from Ron Besser - please read the following concerning the arithmetic in the above lesson from Serara last night:


From David Chuhran:



Hi Ron!

6,000 gold bars x 400 troy ounces/ bar = 2,400,000 troy ounces

2,400,000 troy ounces x $1250/ounce = $3,000,000,000 ($3 billion)

Immediate US debt not including unfunded liabilities is greater than $30,000,000,000,000 ($30 trillion)

To pay off this debt 4 zero's are needed to increase the total to turn $3B into $30T, so we actually need:

24,000,000,000 troy ounces

60,000,000 gold bars

To monetize it at 10% still requires 6,000,000 gold bars/2,400,000,000 troy ounces

As of April 2016, Fort Knox holdings are 4,582 metric tons (147.3 million oz. troy). At the rate of $1,226.60 an ounce it is worth about $180 billion. The depository also holds monetary gold coins. I realize the draw is supplemented from outside sources.



However, this doesn't even consider the complications of exchanging debt for physical gold in a dynamic exchange rate environment. It's doable, but complicated especially in a meltdown scenario under the stress and strain of global turmoil and unrest not to mention the pending cataclysms.


It may be better to let the dust settle as much may end up at the bottom of the ocean.



David































« Last Edit: July 31, 2017, 12:40:46 PM by Ron Besser »
Located in Historic York, Pennsylvania

ASSALE

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Re: Yellen's Dilemma 073017
« Reply #1 on: July 31, 2017, 05:43:56 AM »
Ron,

I've just read your transmission about Yellen and the US FED, and it's quite clear the Mission and Serara have a sound grasp of the situation, which rejoices my heart, while looking into the Urantia financial situation, I now just need to know how Serara can prevent all indebted nations to avoid indebtedness.

To my understanding, a country is solvent when what they sell abroad (agricultural, oil, industrial... products produced internally) is higher than what they buy abroad. Africa really needs industrialization to turn her raw material into finished goods, what Paris does not want to hear about at all (as no more useful for their hypermarkets to thrive on the continent).

The other point of the Mission is to help French Speaking Africa have her know currency, as so far we don't have a real currency, the one we have for 14 French speaking countries is a colonisation currency called "Franc CFA", with CFA standing for "African French Colonies" and this currency is a slavery currency which prevents Africa nations economy from moving forward.

Dear Migisterial Son Serara, Kadhafi of Lybia got killed because he wanted to create 1. The United States of Africa with a singe currency, 2. The African Federal Reserve Bank to both fund Africa economy and industrialization, 3.The African Satellite for news and communication (as the EU collected 1 billion USD per year to satellite Africa), and 4. a single powerful army to protect Africa from foreign economy invaders, as these three sectors are now the core of any key delopment. Financital freedom, communication freedom, agricultural freedom and well trained men and women to protect the borders.

Kadhafi wealth has been looted after his assassination by the French, and nobody in this damned and darkened world dare speak out for Africa, and unfortunately, this wonderful vision is not yet to see the day. One reason why I'm eager to meet with the Mel. Diplomatic Corps is to address the issue, the Indigo race didn't see the day to undergo such sufferings, our ancestors joyfully welcomed the White and in return our leaders are either killed or imprisoned at the Hague, my president was sent to and jailed at the International Tribunal Courts six years ago and is slowly dying there.

One of the reasons why I asked Father in my endeavor was to be able to talk with world leaders on the astral plane, as this cannot be possible on the physical train. And for this, I'm not ready to stand aside and look at this gloomy picture of Africa.

Ron, I wonder whether you'll want to go back to the US if you visit Africa, for your information, we're naturally gifted in everything and we rank first when we're given the chance to compete, and France is afraid of our emergence, German Helmut Kohln was afraid of our emergence.

In my role as Father's boy for Africa, the Magisterial Mission is a dream come true, and I will not have a break until the whole African issue is settled, divinely with our contribution.

Again, thank you both for producing the above.

In Christ Peace.
Assalé
« Last Edit: July 31, 2017, 05:47:46 AM by ASSALE »
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Ron Besser

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Re: Yellen's Dilemma 073017
« Reply #2 on: July 31, 2017, 12:39:29 PM »
Assale, you make a wonderful ambassador for African interests, be sure!  Serara does not have time right now as I post this back to you to comment, but let me say this:

Africa became a backwater because it refused to let go of tribal ideals.  It is the only continent on Urantia that cannot cope with taking care of itself, and that is mostly because tribal warfare and other war causes keeps tearing down the infrastructure that does sometime get built.  Nigeria is the most sophisticated of all African countries excluding Egypt and a couple of other like Kenya and the old British colony now called Zimbabwe.  When it was called Rhodesia, the Brits had it running like a well oiled top, but nationalism is a potent force to deal with and they had t o vacate that country much to their grief and surprise in the mid 1960's I believe.  Be that as it may there has been no unifying force to bring about what you said Khadafi wanted to create.  I also know from direct personal experience that Khadafi lost his vision to do that when Regan bombed Libya in the 1980's for allowing terrorists to operate from Libya into Europe and other Middle Eastern countries.   Suffice it to say, Africa has been dismissed mostly as a trouble maker and a place for the cold war to find clients to fight for mineral wealth, oil, and so on, and the people be damned.

I am no expert in this idea of Africa simply because it was never taught in our schools other than to count it as a continent rich in resources and animals found no where else on the globe.  In other words, more of a golden goose and a curiosity in the Tarzan movies.  I am aware our slavery instituion brought many of the tribes of Kenya to the south of the United States, and now our black indigenous population is mostly of Nigerian and Kenyan extraction with some Congolese mixed in.

That said, that is about as far as it goes with American interest in resolving the inability of most African States to recognize that if they are to be an influence in the world, then they must clean up their act and become. not belligerents, but contributors to the world economy and institutions of art and financial stability.

My supposition is that the Magisterial Son, Serara has plans to redistribute wealth in Africa and force groups of people to come together in several nations and then teach good government and financial systems over top of their insistence to be tribal again.  I expect that during the Magisterial reign there will be African revolts and civil wars eript here and there until Monjoronson and Serara establish the rule of law in Africa and truly build a good black/indigo race civilization.  This is only a glimmer of what could be achieved, but I am also concerned that Africa will be a backwater for a century or more when the divine missions appear on the rest of the continents and are embraced by western and eastern institutions of great power to move people to the divine governments.  But Africa lives the tribal cause and it must almost be blasted out of that view and forced into constraints it hates, and that is bellum causa  and be assured that will be lost after maybe a century of Magisterial Rule on Urantia.  Expect tough sledding to get Africa right as far as self ruling man in competent government in which he can, if he wishes, to fully participate, perhaps even yourself if the Ivory Coast finds the truth of the matter to be stated so soon on Urantia.

Thank you for your post.  I do enjoy talking about Africa but there are few takers in the white world which prefers to worry over the Federal Reserve more than African intrigues.   Ron
Located in Historic York, Pennsylvania

ASSALE

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Re: Yellen's Dilemma 073017
« Reply #3 on: July 31, 2017, 01:01:27 PM »
Thank you so much for being sincere with me, you've painted above a nice picture of the continent. Tribal conflicts are indeed killing Africa, and religious also are so far from understanding and accepting new revelations. I will do my part of Father's Business even though it is on a very small scale, hoping that tomorrow will be better. 

It is regretable to see such a mess in this continent, a continent Michael naturally gifted with everything. 

Sincere thanks, Ron.

Assalé.
Thank you for the Classroom of the Spirit.

wendy.winter

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Re: Yellen's Dilemma 073017
« Reply #4 on: July 31, 2017, 02:59:40 PM »
@Assale Treasured soul, you and all of the African continent are in my continued prayers. The place and the people are dear to me too. My husband was born in Rhodesia and our children and I in South Africa. How I long for the day when Africa too achieves Light and Life when all can enjoy the glorious beauty of a balanced ecosystem rid of poachers and tribal wars.
« Last Edit: July 31, 2017, 03:03:17 PM by wendy.winter »

BrianVB

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Re: Yellen's Dilemma 073017
« Reply #5 on: July 31, 2017, 07:31:22 PM »
As always Ron, your fascinating and enlightening information on the real state of affairs has been a true gift to us. Thank-you for your posts on the financial situation and the state of Africa. I did not really know this regarding Africa mostly, but even though very sad, in hindsight it all makes sense. I offer a pray for a more hopeful turnaround for Africa to overcome its overwhelming challenges.

Good day,
Brian

LarryG

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Re: Yellen's Dilemma 073017
« Reply #6 on: August 01, 2017, 09:12:16 AM »
Well, well, well…… this morning I woke up and found myself thinking about much that has been shared with us about Janet Yellen, Gold in relation to the US Global Debt and the Global  Economy, the astronomical debt that the US has incurred, the coming Global Spiritual Diplomacy, and  even Hedge Funds and how this all relates to our coming work.   I am faulted since I have no real experience at these levels and I would venture to guess that most here share in this lack of knowledge at these high levels.   It is a good thing that Ron is well versed in these subjects  and I am very grateful that he and all of Spirit is so patient with us as they do better than their best to educate us.

Thr rich just keep getting richer and poor just continue to get poorer.   Nothing short of direct Divine Intervention will rid this world of it's insanity.

I have know for awhile that our global debt was in the trillions but.....40 trillion!!!!!!....how could our Government  get our Country in such a state as this????..and in a few short days they will have to raise our debt ceiling yet again!!!!  I am truly overcome by these numbers and our reality and the parcarious place we have put ouselves.

All morning I have been doing some reading a research, and very basic I might add to see if I might build up  my lacking foundations with these issues.   I ran across this which I am giving the link for which offered some of these basics that I am so lacking in :
I found it to be a real eye opener and even gasp a few times.

https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt

Another subject and word that has frequently come up in the past few days is “hedge fund” I have many times heard the word but have no real working knowledge of what they are and how they work and how they are so  entrenched with many modern and current investors and investments. So I give you this link in case any others would like to add this knowledge to our general understanding.

https://en.wikipedia.org/wiki/Hedge_fund


This kind of knowledge is so important that we have some inkling of understand now that Phase 1 comes to the soil of Urantia since this subject of  Global Debt and its ramification will affect every man, woman, and child on Urantia..  It is a subject that we must be somewhat familiar with if we are going to be any real asset to these Missions.  It is a solice and.  comfort to know that we have the best teachers, guides and educators in the Universe to share their knowledge and experience with us, is it not?  I  share this with you in love, respect and service…… I do welcome any input to help us LarryG
« Last Edit: August 01, 2017, 10:09:42 AM by LarryG »
"What you are today is not so important as what you are becoming day by day so Let us be about the Father's Business"

Clency

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Re: Yellen's Dilemma 073017
« Reply #7 on: August 01, 2017, 02:13:15 PM »
In 2006, I invested a little sum of my own money (20 $, it was not a big deal) in a hedge fund, with a 2% daily return on investment, together along thousands of investors scattered around the world. At that time, what motivated my decision to invest is that a part of our gain would have gone to children of the third world for their schooling and so on.

You know what ? At the end of six months, I have accumulated some “moullahs” in my account, with a big smile on my face, but I was rapidly disenchanted. Only a little group of selected investors, who have played with big money at the very beginning, was paid. Since then, a legal battle is engaged with the officials of the bank in Germany, where the money is stocked. We are now in our eleven years of waiting for the rest to be paid in retroactive.

Why am I telling you this history ? Is there no money in this world for indebted countries to pay what they owe ? How is it that the United States of America, among the most indebted countries in the world, gathers by itself alone, a numerous billionaires ?

Let me tell you another history. Emmanuel Macron, the French president, recently discovered through a financial report that his predecessor has left him with a pitfall of eight billion euros in the national budget. His first reaction is to reduce the expenses in different fields of activity, mainly military and the head of the department of National Defense has abdicated. The French military budget by itself alone can feed a continent like Africa for many years.

When I am indebted and that I can’t pay my monthly loan for my car, I reduce my standard of living for a certain period of time. It is all about managing money…..yes ? What our Celestial Helpers have to do, when the Magisterial Mission is on the ground and running, is to manage the flow of currencies already available in the world, from one party to another, by cutting short any manifestation of greed and by bringing in more balance among countries. Domtia

Clency
Oh, Lord ! I am your servant, I am your liege, it is my will to have your will be done, I am yours for eternity.

ASSALE

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Re: Yellen's Dilemma 073017
« Reply #8 on: August 01, 2017, 03:04:44 PM »
The US debt is an inintelligible one to my mind, so far I've been wondering what on earth really goes wrong or mad with and within this country. I'm still wondering whether it is a wealthy country, how can you be both rich and indebted? If the US is indebted, it means they may buy abroad more than the sell out.  Too strange indeed! Or huge investments may go somewhere which is not important: What does it serve you to land on the moon or planet Mars through paramount investments? While mere human beings who believe in Father already know how all this came to be?  
So curious, the USA!
Thank you for the Classroom of the Spirit.