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Announcements about the US Dollar and the Types of Proposed Changes to World Trade and Investment by the Divine Missions to Urantia / UPDATE - LOOMING FINANCIAL CRISIS AND REGENCYH POLICY EXPLAINED FOR DOLLAR
« on: September 28, 2022, 12:29:47 pm »
Emergency Financial Crisis Brewing
September 28, 2022
OFFICE of The MAGISTERIAL SON, SERARACurrency Expert
T/R: R. Besser
Today (28 Sept) Currency Values at 11am New York Time
Japanese Yen ¥144.49
British Pound $1.0754
Australian Dollar $0.6480
U.S. Dollar Index (DXY) 113.67
TEXT:
Ron - The currency values are way out of kilter after the United States started raising interest rates. Investors in currency parity (values of other currencies compared to the US Dollar) use these fluctuations by feeding off currency values in what the market calls an arbitrage play.
An arbitrage play is the money you ear when betting that a currency will increase in value in percentage terms over other currencies. The American dollar rose 6% yesterday and the British Pound fell 2% and if you played the dollar against the British Pound to rise over 1%, the market pays you 0.02 or 2 cents for winning that bet for every dollar you bet against the English Pound. When you bet with percentages of change to earn a payout, that is an arbitrage deal.
I asked SERARA, the MAGISTERIAL SON of record for the Urantia Magisterial Mission, to provide us some insight into the dangers of what is happening and there are grave dangers ahead if we cannot get these currencies to respond to interest rate hikes in the United States in an orderly fashion. The greed of the currency market is causing misfits in Central Banks like Japan and London, to re-evaluate the need for interest rates to rattle currency markets like this. That could mean that the United States Federal Reserve ends its life as a RESERVE CURRENCY.
That would mean that the world no longer compares the value of their money notes issued (oour USA money note is the dollar) with the dollar. Everybody pays for their oil in dollars and most account balances world wide use the dollar to calculate the bill to deliver goods and for the goods themselves. That is the job of a reserve currency. The British Pound Sterling is a minor reserve currency and it is fluctuating so bad someone has to call and end to this madness of currency hawks being able to play arbitrage over percentage changes in currency values to the dollar.
Here is SERARA, Magisterial Son 413215116.
SPEAKING: Vicegerent 271315 speaks for the SERARA, Magisterial Son office.
“I am Vicegerent 271315, and I am attached to the SERARA office as Ron indicates here. Ron I know feels incompetent to detail the issue concerning these wildly fluctuating vales among stable currencies today. I say this: we are concerned too, and it might be a huge change in the proposed REGENCY style in order to reign in speculators who make fortunes of lose fortunes based on percentage changes they bet on between world currencies.
“For reasons of State, I am instructed to avoid a direct comparison of the Pound Sterling with the US Dollar reserve. But I will point out that the Japanese Yen is way out of parity with the dollar and for that reason the Bank of Japan is issuing a warning to currency traders that they will withdraw from the International Monetary Fund if they do not stop jacking up US dollar values. That value is shown above as the US Dollar Index, and for that reason the Yen now shows itself at 144 Yen pper dollar, and that is a great exaggeration of the dollar value for the Wall Street Journal thinks the true dollar value is $1.0484 as of yesterday morning. The American currency is far over balanced at $1.14. The difference between $104.84 and $114 values is that the IMF (the International Monetary Fund) considers the dollar the only true currency in the world and over values its use. The Wall Street Journal considers the true trading value of the dollar much lower at $104.84
[Ron’s note. The reason you are seeing the decimal values go from $1.14 to $104.84 is the habit of funds to report values in groups of $100 packs. That fine tunes the value even more so instead of writing 1.1484 they quote the 100 dollar pack value at 114.84 - it makes sense but do not worry about it.)
The Magisterial Son Vicegerent 271315 continues:
“The real problem that surfaces with these wild fluctuations between values is that London carries a bigger stick on values than the currency appears to have. The Central Bank of England is issuing a warning it will not tolerate this kind of mischief by traders, and will too withdraw from the IMF if this does not stop.
“The United States gets frozen out of competitive markets for goods when its value gets badly inflated as it is now. The American press seems to think we get mor value for our money, but our own American inflation is even worse than in Europe and we get less and less goods for the same monetary value the dollar had two or three years ago.
“That said, I am reporting to you that unless the American system of governance is improved greatly within the next six months, the entire matter of RESERVE CURRENCY values will be removed and the IMF disbanded, and the whole issue of what a dollar is worth crashes. IF that happens your world creates one of the worst currency crashed ever seen in Nebadon. Gold will go sky high and then you are in double trouble because the spirit REGENCY will insist on pegging gold at $1,853.20 and leave it there, and the NEW DOLLAR based on gold becomes the true and only currency in the world by default.â€
Ron - That is the report by the office of the Magisterial Son, Serara by His Vicegerent 271315.
I will add this to everything, and that is I have two hundred dollars in my bank account this morning. If the REGENCY places us on the gold standard, that $200 is now worth about $3.46 in solid currency value. That 200 dollars is old dollar and the real new dollar value is $3.46. There is real pain coming then when manufacturers have to reprice the cost of a five pound bag of potatoes from $3.84 today to the new US dollar THE BAG IS WORTH $0.04 - do you see what I mean?
France and the Netherlands have their own central banks too, and if they are forced to parity with the new US dollar, they have an even harder time revaluing the cost of living there. I do not know how the REGENCY is going to deal with this at all, and frankly ti gives me a headache to figure it out even if I could.
We thought you would like to know what all the emergency is in the financial markets recently could do to you and your cost of living expenditures and from what bank account kitty you may have being so greatly reduced by a REGENCY move to a gold standard.
Thank you. //Ron
MICHAEL OF NEBADON speaks eloquently: “WE are sure Ron means well but frankly if the REGENCY places you on such a gold standard, then nothing matters except you are on a gold standard.
“WE have no intention of starting a run on the family bank account, but watch out for unscrupulous investors as those who own gold will become multi millionaires over night, and that should not be allowed either. As a result of this dissertation, I now see we have to modulate the entire idea so that your dollar account (or currency value to the dollar) actully grows a little with going on the gold standard. We can hold gold at $1853.20 without causing such deflation by ruling that the dollar value held in your bank account remains the same as the new US dollar. That ends that argument otherwise.
“Finally, it is Ron who figures these things out easily and most of you do not figure it until the bill comes due. There needs to be a better reactive mode from this group or you will be snowed under by what we must propose as a new government regulation that to own gold is okay, but such gold deposits do not decrease or increase by law, There will not longer be a gold market per se and gold coins issued by the United States mints inthe 19th and 20th century retain face value only and cannot be used as currency. Read that again. A Saint Gaudens double eagle ($20 issued valued in 1900) will be bought and sold for rare coing value and not for an addition 1853.20 for its gold content. Sorry but that is impossible to enforce at the moment but a law will have to be issued to make it enforceable. To understand this better, those who sell stocks at a profit are taxed on a small percentage of that income. The new law on gold coins would force any gold premium for the gold to be paid back in sales as a 100%tax on the gold value of the coin sale. That is in essence a CAPITAL GAINS TAX of 100% on gold content and the REGENCY must donsider something like it to prevent unfair distribution of wealth based on metals.â€
END
September 28, 2022
OFFICE of The MAGISTERIAL SON, SERARACurrency Expert
T/R: R. Besser
Today (28 Sept) Currency Values at 11am New York Time
Japanese Yen ¥144.49
British Pound $1.0754
Australian Dollar $0.6480
U.S. Dollar Index (DXY) 113.67
TEXT:
Ron - The currency values are way out of kilter after the United States started raising interest rates. Investors in currency parity (values of other currencies compared to the US Dollar) use these fluctuations by feeding off currency values in what the market calls an arbitrage play.
An arbitrage play is the money you ear when betting that a currency will increase in value in percentage terms over other currencies. The American dollar rose 6% yesterday and the British Pound fell 2% and if you played the dollar against the British Pound to rise over 1%, the market pays you 0.02 or 2 cents for winning that bet for every dollar you bet against the English Pound. When you bet with percentages of change to earn a payout, that is an arbitrage deal.
I asked SERARA, the MAGISTERIAL SON of record for the Urantia Magisterial Mission, to provide us some insight into the dangers of what is happening and there are grave dangers ahead if we cannot get these currencies to respond to interest rate hikes in the United States in an orderly fashion. The greed of the currency market is causing misfits in Central Banks like Japan and London, to re-evaluate the need for interest rates to rattle currency markets like this. That could mean that the United States Federal Reserve ends its life as a RESERVE CURRENCY.
That would mean that the world no longer compares the value of their money notes issued (oour USA money note is the dollar) with the dollar. Everybody pays for their oil in dollars and most account balances world wide use the dollar to calculate the bill to deliver goods and for the goods themselves. That is the job of a reserve currency. The British Pound Sterling is a minor reserve currency and it is fluctuating so bad someone has to call and end to this madness of currency hawks being able to play arbitrage over percentage changes in currency values to the dollar.
Here is SERARA, Magisterial Son 413215116.
SPEAKING: Vicegerent 271315 speaks for the SERARA, Magisterial Son office.
“I am Vicegerent 271315, and I am attached to the SERARA office as Ron indicates here. Ron I know feels incompetent to detail the issue concerning these wildly fluctuating vales among stable currencies today. I say this: we are concerned too, and it might be a huge change in the proposed REGENCY style in order to reign in speculators who make fortunes of lose fortunes based on percentage changes they bet on between world currencies.
“For reasons of State, I am instructed to avoid a direct comparison of the Pound Sterling with the US Dollar reserve. But I will point out that the Japanese Yen is way out of parity with the dollar and for that reason the Bank of Japan is issuing a warning to currency traders that they will withdraw from the International Monetary Fund if they do not stop jacking up US dollar values. That value is shown above as the US Dollar Index, and for that reason the Yen now shows itself at 144 Yen pper dollar, and that is a great exaggeration of the dollar value for the Wall Street Journal thinks the true dollar value is $1.0484 as of yesterday morning. The American currency is far over balanced at $1.14. The difference between $104.84 and $114 values is that the IMF (the International Monetary Fund) considers the dollar the only true currency in the world and over values its use. The Wall Street Journal considers the true trading value of the dollar much lower at $104.84
[Ron’s note. The reason you are seeing the decimal values go from $1.14 to $104.84 is the habit of funds to report values in groups of $100 packs. That fine tunes the value even more so instead of writing 1.1484 they quote the 100 dollar pack value at 114.84 - it makes sense but do not worry about it.)
The Magisterial Son Vicegerent 271315 continues:
“The real problem that surfaces with these wild fluctuations between values is that London carries a bigger stick on values than the currency appears to have. The Central Bank of England is issuing a warning it will not tolerate this kind of mischief by traders, and will too withdraw from the IMF if this does not stop.
“The United States gets frozen out of competitive markets for goods when its value gets badly inflated as it is now. The American press seems to think we get mor value for our money, but our own American inflation is even worse than in Europe and we get less and less goods for the same monetary value the dollar had two or three years ago.
“That said, I am reporting to you that unless the American system of governance is improved greatly within the next six months, the entire matter of RESERVE CURRENCY values will be removed and the IMF disbanded, and the whole issue of what a dollar is worth crashes. IF that happens your world creates one of the worst currency crashed ever seen in Nebadon. Gold will go sky high and then you are in double trouble because the spirit REGENCY will insist on pegging gold at $1,853.20 and leave it there, and the NEW DOLLAR based on gold becomes the true and only currency in the world by default.â€
Ron - That is the report by the office of the Magisterial Son, Serara by His Vicegerent 271315.
I will add this to everything, and that is I have two hundred dollars in my bank account this morning. If the REGENCY places us on the gold standard, that $200 is now worth about $3.46 in solid currency value. That 200 dollars is old dollar and the real new dollar value is $3.46. There is real pain coming then when manufacturers have to reprice the cost of a five pound bag of potatoes from $3.84 today to the new US dollar THE BAG IS WORTH $0.04 - do you see what I mean?
France and the Netherlands have their own central banks too, and if they are forced to parity with the new US dollar, they have an even harder time revaluing the cost of living there. I do not know how the REGENCY is going to deal with this at all, and frankly ti gives me a headache to figure it out even if I could.
We thought you would like to know what all the emergency is in the financial markets recently could do to you and your cost of living expenditures and from what bank account kitty you may have being so greatly reduced by a REGENCY move to a gold standard.
Thank you. //Ron
MICHAEL OF NEBADON speaks eloquently: “WE are sure Ron means well but frankly if the REGENCY places you on such a gold standard, then nothing matters except you are on a gold standard.
“WE have no intention of starting a run on the family bank account, but watch out for unscrupulous investors as those who own gold will become multi millionaires over night, and that should not be allowed either. As a result of this dissertation, I now see we have to modulate the entire idea so that your dollar account (or currency value to the dollar) actully grows a little with going on the gold standard. We can hold gold at $1853.20 without causing such deflation by ruling that the dollar value held in your bank account remains the same as the new US dollar. That ends that argument otherwise.
“Finally, it is Ron who figures these things out easily and most of you do not figure it until the bill comes due. There needs to be a better reactive mode from this group or you will be snowed under by what we must propose as a new government regulation that to own gold is okay, but such gold deposits do not decrease or increase by law, There will not longer be a gold market per se and gold coins issued by the United States mints inthe 19th and 20th century retain face value only and cannot be used as currency. Read that again. A Saint Gaudens double eagle ($20 issued valued in 1900) will be bought and sold for rare coing value and not for an addition 1853.20 for its gold content. Sorry but that is impossible to enforce at the moment but a law will have to be issued to make it enforceable. To understand this better, those who sell stocks at a profit are taxed on a small percentage of that income. The new law on gold coins would force any gold premium for the gold to be paid back in sales as a 100%tax on the gold value of the coin sale. That is in essence a CAPITAL GAINS TAX of 100% on gold content and the REGENCY must donsider something like it to prevent unfair distribution of wealth based on metals.â€
END