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Vlastimil
Posts: 717
(@vlastimil)
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Take it or leave it: Scott Ritter banned from TWITTER again....

https://www.youtube.com/watch?v=FHG5XLyvzOo

 

Pentagon is more powerful than Elon Musk....

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BlueJay
(@bluejay)
Joined: 9 months ago

Honorable Member
Posts: 654

@vlastimil 

I get the feeling the "inventions" are not really his. I think its all made up for public consumption, and he is just acting his role. 

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BlueJay
Posts: 654
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(@bluejay)
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Joined: 9 months ago

https://www.elibrary.imf.org/view/journals/001/2022/217/001.2022.issue-217-en.xml

A Multi-Currency
Exchange and
Contracting Platform

Contents
1. Introduction ..................................................................................................................................................... 6
2. X-C Architecture and Design .......................................................................................................................11
2.1 General Description........................................................................................................................12
2.2 X-C’s Architecture...........................................................................................................................13
2.3 X-C as a Dynamic Ledger for Contracting......................................................................................21
2.5. Contracts’ Governance: “Supervised Open Contracting”..............................................................27
3. Compliance, Data, and Privacy....................................................................................................................28
Highlights ..............................................................................................................................................28
3.1. Privacy in Digital Payment Systems: Separation of Roles and Dedicated Cryptographic Schemes
..............................................................................................................................................................30
3.2: Sharing Identities and Information Across Jurisdictions................................................................32
3.3. Capital Flow Management Measures............................................................................................34
4. Markets and Contracts for FX......................................................................................................................35
Highlights ..............................................................................................................................................35
4.1 Currency Exchange-Market Illiquidity and Hedging Contracts.......................................................36
4.2 Market Design: a Centralized Multi-Currency Market ....................................................................36
4.3 Hedging Risks: Forward and Risk Sharing Contracts and Markets ...............................................42
5. Policy Design and Implementation in X-C ..................................................................................................49
6. Conclusions...................................................................................................................................................51
References.........................................................................................................................................................52
BOXES
Box 2.1 How do CEs compare with other payment instruments? .......................................................................19
Box 4.1. Auctions, smart contracts, and pricing liquidity needs ..........................................................................42
Box 4.2. A Hybrid Model with borrowing, lending, ex-ante insurance, and private information ..........................46
Box 4.3. Concealing histories..............................................................................................................................47
FIGURES
Figure 2.1. CE issuance and cross-border..........................................................................................................15
Figure 2.2. Cross-border payment using X-C. ....................................................................................................16
Figure 2.3 Cross-border payments using correspondent banking. .....................................................................17
Figure 2.4. Hash Time Lock and Commitment, guaranteed instantaneous trade and settlement ......................25
Figure 2.5. Smart contracts, cryptography, and mechanism design...................................................................26
Figure 2.6. X-C as a protocol stack.....................................................................................................................28
Figure 3.1: Delegating verification using zero-knowledge proofs........................................................................31
5
Figure 3.2: Extending Amplus’ Identification Scheme with Encrypted Certificates .............................................34
Figure 4.1. Pairwise trade ...................................................................................................................................37
TABLES
Table 2.1. Alternative types of monies as payment instruments.........................................................................19

The page 19, Table 2.1 paints the picture.

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BlueJay
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https://www.youtube.com/watch?v=LXsAAq9lnkE

Tom Luongo Gold, Interest Rates, FED Outlook 2023 [1:38:22 video]

This is the third episode of the "2023 Outlook" series. In this one, I was joined by Tom Luongo, who doesn't think the FED is about to pivot, and sees interest rates easily reaching 7% in 2023, before we enter a recession in 2024. Tom expects inflation to be persistent in some parts of the economy. He expects the FED to keep tightening while supply chains are still under pressure, which he thinks will cause supply deficits in some key commodities. Important warning Antonio Atanasov is not an investment advisor. Antonio Atanasov might own shares of companies mentioned in this publication. Companies mentioned in this video might be paying customers of Resource Talks. Always assume the speakers biased. More specifically, Storm Exploration is a paying customer of resource talks. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. It is also worth what you paid for it. If you’re not paying for the product, you are the product. Expect seeing advertisements – which will be verbally disclosed – in this video. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital. Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me). Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory. Timestamps 00:00 Important note 02:15 Tom's 30K ft view 09:30 The ECB is not pivoting 10:55 Will the FED keep QT going on? 20:50 Can the FED cut rates while QT'ing? 24:20 2022 Credit expansion 3X'ed 2021 CE, why? 29:20 The used car market in the US 31:40 When will the FED cut interest rates? 33:25 Will the dollar stay strong? 39:30 Will commodities perform well? 45:55 Why are central banks stacking up gold? 53:00 Why macro & politics go together? 55:10 Is the current situation especially dangerous? 01:00:00 Are the Saudis doing well? 01:05:00 When does a gold currency overthrow the dollar? 01:14:00 JPM is expanding in China, why? 01:18:00 Why you should watch LIBOR 01:20:25 The labor market: who will be fired? 01:25:00 Will 2024 be more difficult than 2023? 01:30:00 Gold, Goats, and Guns, why? 01:32:00 Summary of the main points Was there something wrong with what the guests said? Did I fail to ask an important question? Did I make a mistake? Is my hear(hair?)ugly, my voice stupid, and my face misaligned? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.

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BlueJay
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