The thousands of years of hoarding gold as intrinsic value for exchange will simply go away and become a commodity that is used for consumption for things like jewelry, or gold plating, etc. With a new gold-backed “real money” system that cannot be manipulated, we will have a stabilised financial system that works for all of mankind internationally.
Be really careful if you hold gold as a hedge against inflation because without the element of “gold as money,” the demand for gold will go down and the market price for gold will once again be a factor of supply and demand. A very large group of gold investors will find, over time, that the high price of gold will be very hard to sustain as the price of gold continually erodes and their nest egg decreases in value. They will see that the commodity needs to be sold so that their funds can be put to work in other more productive areas of the economy. Without hoarding and holding gold as a hedge against inflation, a major, major factor in the PRICE of GOLD will have been eliminated. The artificial demand for gold as money, will drop and so will the market price. This is the net result of the QFS and the way that currencies will be gold-backed in the QFS. Gold will revert back to being a commodity, and not used as money as long as God holds the QFS in place. It is conceivable that the price of gold will go down to where it covers the cost of mining and distribution with a little profit built in.
The RV and the Redemption Funds.
ALL Exchanged Currencies as well as all Zim Redemption funds will be placed in the accounts they set up in the Quantum Financial System. Absolutely none of these funds will be placed in a Bank at the redemption appointment. Bank computers cannot be programmed to transfer Digital Gold Certificates. The QFS can and will transfer funds into a bank account as has been explained earlier, so a person can transfer funds to their own bank account but the desirability will become less and less as the banks go into receivership and their customer’s deposits are confiscated to avoid the Bank’s demise. Which bank can compete with the QFS when the QFS is free, secure, private, and stable?
One of the major problems in the transition will be the use of Debit Cards for merchant purchases. Will VISA or Mastercard be available? We’ll see what the Alliance comes up with but there will be a lot of work to be done to change the VISA or Mastercard structure to work with a Debit Card from the QFS – but it will eventually be done. Merchant fees for VISA and Mastercard or any other card will be eliminated, so changes will be coming. A major cost for Credit Card companies is stolen cards and fraud. The QFS eliminates all of these fraudulent activities including identity theft. The QFS security system will ensure our financial security as long as we use money for the exchange of goods and services.
Introducing “Financial Service Centers.” The future of the new Financial Service Industry.
There is a need that the banking system has provided for all of society that cannot be eliminated within the new Quantum Financial System. The financial system is the glue that holds society together as we go about our commerce with one another. It is essential. As long as money is used to exchange goods and services, it is a service that must continue in some form, hopefully, better. Positioning ourselves to perform this service is essential.
As the Zim Benefactors begin their humanitarian activities, a new Financial Service Industry will need to be created out of the demise of the banks. It is a major facet of society that few Zim Benefactors have given any thought to. The Financial Services Industry is just as important as putting food on the table and a roof over the heads of humanity if society is to be successful. Again, it is the glue or mortar, that keeps the bricks of society together.
No comments:
Post a Comment