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Restored Republic via a GCR Report as of Jan 18, 2023
Excerpts;
Compiled Wed. 18 Jan. 2023 12:01am EST by Judy Byington, MSW, LCSW, Therapist ret, Journalist, Author: “Twenty Two Faces: inside the extraordinary life of Jenny Hill and her twenty multiple personalities.”
The US Debt Limit Hits on Thurs. 19 Jan
By that same Thurs. 19 Jan. fiat currencies of the World will have seen a decline in value – it’s the changeover of the fiat US Dollar to asset-gold backed USN.
No More IRS, Income Tax or Federal Reserve
…Kat
The Great Default has begun. If banks fail, then the debt they hold disappears and we win by default. Bloodline banks are collapsing and will totally collapse, but gold-baked currency was already being traded by more than half the world and was in the wings for all countries that signed onto NESARA/GESARA.
…Kat
Restored Republic:
- BRICS was an alliance of the nations of Brazil, Russia, India, China and South Africa formed in 2008 after the so-called US “Mortgage Crisis.” In reality the crisis happened when the Cabal continued to print fiat US Dollars while being in bankruptcy and unable to even pay interest on gold borrowed from the Chinese Elders which backed that US Dollar, the basis for international trade. In the ensuing years since BRICS formed, they evaluated gold and resources of 209 nations in preparation for a Global Currency Reset. After the GCR all countries currencies would be at a 1:1 with each other instead of relying on the fiat US Dollar for international trade.
- Dr. Charlie Ward has worked and been friends with the Chinese Elders for over 15 years. He is head of the Global Currency Reset Team and over the banks for the Global Currency Reset. He was highly trusted in the financial world and moved money around the globe for private clients ranging from the super-rich to different global governments. His team moved 650 planeloads of gold out of the Vatican tunnels and placed it back to it’s rightful owners at the US Treasury and other countries’ treasuries around the globe. He was presently moving monies, gold and valuables for countries and individuals in the Global Currency Reset. A lot of Ward’s info came from what he called the Four Walls of Power, which included the Chinese Elders, Alliance, Trump White House and Trump Redemption Team. He has been under a Non Disclosure Agreement (NDA) for the last several months and told what he could and could not reveal.
The US Debt Limit to hit on Thurs. 19 Jan, Steven Pressman:
- Currently, the U.S. Treasury has under $400 billion cash on hand, and the U.S. government expects to borrow around $100 billion each month this year.
- When the U.S. nears its debt limit, the Treasury secretary – currently Janet Yellen – can use “extraordinary measures” to conserve cash, which she indicated would begin on Thurs. 19 Jan. One such measure is temporarily not funding retirement programs for government employees. The expectation will be that once the ceiling is raised, the government would make up the difference. But this will buy only a small amount of time.
- If the debt ceiling isn’t raised before the Treasury Department exhausts its options, decisions will have to be made about who gets paid with daily tax revenues. Further borrowing will not be possible. Government employees or contractors may not be paid in full. Loans to small businesses or college students may stop.
- When the government can’t pay all its bills, it is technically in default. Policymakers, economists and Wall Street are concerned about a calamitous financial and economic crisis. Many fear that a government default would have dire economic consequences – soaring interest rates, financial markets in panic and maybe an economic depression.
- Under normal circumstances, once markets start panicking, Congress and the president usually act. This is what happened in 2013 when Republicans sought to use the debt ceiling to defund the Affordable Care Act.
- But we no longer live in normal political times. The major political parties are more polarized than ever, and the concessions McCarthy gave right-wing Republicans may make it impossible to get a deal on the debt ceiling.
