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recaps or wrong info distribution center
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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recaps or wrong info distribution center
Well, I see one of the gurus is still putting out total nonsense about the accounts covered by the Dodd Frank Act. Bella is still saying that these accounts are backed by the UST so when the dollar devalues and all those people with federal reserve notes lose all that value, the accounts under Dodd Frank will be in the asset backed UST notes and those account holders won't lose value. Absolute nonsense.
There is not an official word anywhere that even implies that is true. There are no asset backed UST notes coming out and your non-interest bearing account covered for an unlimited amount under the Dodd Frank Act until the end of this year will be held in federal reserve notes just like all the other accounts.
At the present rate of the RV approach the time for the coverage will be so short it won't really matter much anyway, but it should still be understood that the value of the "dollars" in those accounts will not be protected from a drop in the value of the USD.
There is not an official word anywhere that even implies that is true. There are no asset backed UST notes coming out and your non-interest bearing account covered for an unlimited amount under the Dodd Frank Act until the end of this year will be held in federal reserve notes just like all the other accounts.
At the present rate of the RV approach the time for the coverage will be so short it won't really matter much anyway, but it should still be understood that the value of the "dollars" in those accounts will not be protected from a drop in the value of the USD.
catman- VIP Member
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Re: recaps or wrong info distribution center
I have noticed that more than a couple of the roos are dark cabal/global reset believers. That is one of the first things that made me question them. In fact, it was almost enough to steer me away when I was investigating this investment. But if you believe in the global reset/conspiracy theories, you are almost compelled to buy into the UST thing as well. JMO
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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