Friday, April 7, 2023

Secured Overnight Financing Rate (SOFR), April 7, 2023

  





Hi Watchman,

Hope you are well. I finally moved to the country and have been so busy I haven't had time to read the valuable info you send. Thanks for including me on the emails and I will catch up. I wanted to pass on a couple of things you must share with others. The London Overnight Interbank Rate (LIBOR) is going away this year and will be replaced by the Secured Overnight Financing Rate (SOFR). This will require all contracts to be rewritten. This could equate to our private property.

Next, we are not entering a depression but a currency collapse. Currencies change when they default. In July of this year an instant payment system will be implemented called FedNow. This will lead to the CBDC. This is similar to how India implemented a digital currency. 

China, as I've said for years, is positioning itself to be the next superpower. The Belt and Road Initiative is fully underway yet, the silence in the US is deafening. Also, the Restrict Act has the power to make all transactions past, present, and future null and void. Lady Liberty is dying. 

Blessings,

XXXXXXXXX

FedNow℠ Explorer – Instant Payments Learning & Resources



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