One Hundred to One Exchange Rate...
Turn in One Hundred Fiat Dollars and get back One Hundred Cents in Common U.S. Coinage...
People will also have the option of getting back Paper Coinage and Electronic Coinage...
Other options would be a Common $1 Coin or a Corrected One Tenth Ounce, $1 Silver Coin...
"We the People" will have lots of options...
I think "our" United States Electronic Coinage will be a "BIG HIT" all over the World...
"We the People" own the Rights to all forms of United States Coinage...
Now, would be a good time to get in on the Ground Floor...
I think it would be wise to buy a few Rolls of U.S. Coins at the Bank...
Common U.S. Coinage is Currently selling at Rock Bottom Prices, when you can find it...
I'm always excited when I get Common U.S. Coinage back with my Change...
Most of the time, I feel like I'm getting back more Potential Spending Power than I'm Spending on the items I buy...
I personally like using Physical Currencies when paying for things in person, but I will used Electronic Coinage to pay Bills...
I'm sure I'll be carrying at least One Hundred Cents when I leave the house...
With One Hundred Cents in Coins or Paper Coinage, I can buy 50 Cents in Gasoline and still have 50 Cents left over to go out for Food and Drinks...
As you can tell, our New and improved Currencies will have planty of "Spending Power"...
After all, they will be 100% backed by our Corrected Silver and Gold Coins...
When I say 100% backed, I mean Face Value for Face Value...
One Hundred Dollars in Common Coinage will have the same Spending Power as a One Ounce, $100 Gold Coin...
Let that sink in for a while...
As always, feel free to question anything I write...
Brought to you by @pocket-change...
August 13, 2022... 20.6 Hollywood Time...
Thanks for using steemegg
Currencies are not backed by silver or gold anymore. They are controlled using fiscal and monetary policies by the government.
Hopefully that's all about to change for the better... We have a Plan to end the Central Bank Owners control...
You know, sometimes to me, it looks like people who own big money in the banks and companies hate crypto because they don't own anything in the crypto world. They are always against it. And because decentralization makes them lose their powers.
Be careful when it comes to Cryptocurrencies... They are not stable... Once U.S. Electronic Coinage is Activated, you might witness a huge drop in Cryptocurrencies... What I came up with is "Stable"... Nothing is better than "Stable"...
That's correct.
You got a 58.67% upvote from @dkpromoter!
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Money economy is good boss, keep it up, please I don't forget what you show me about how to power upvote, please tell me again,or show me how to do it,
Look at your post with .48 in up-votes... The top up-vote was from Steemegg... You need to go to your Wallet and Click on your STEEM amount... Then Click on Transfer... Check my Wallat to see what I do with steemegg...
This post has received a 100.0 % upvote from @boomerang.
Copper Prices Hammered by Bleak Economic Outlook, Gold Dips"
The prices of copper and most industrial metals tumbled on Tuesday amid growing concerns over a slowdown in major importer China, while gold prices slipped as safe haven buyers preferred the dollar.
Copper futures dropped 0.4% to $3.859 a pound by 21:28 ET (01:28 GMT), extending sharp losses from Monday on fears of a bigger slowdown in Chinese demand.
Global commodity markets plummeted after significantly weaker-than-expected industrial production data from China raised concerns over sluggish demand from the world’s largest commodity importer.
Chinese industrial output grew 3.8% in July, which was below expectations of 4.6%, and also lower than June’s reading of 3.9%. The data comes on the heels of several COVID-19 lockdowns across the country, which have severely crimped economic growth this year.
Chinese retail sales also read weaker than expected. Concerns over the economy were further exacerbated by an unexpected interest rate cut by the People’s Bank of China, pointing to extreme pressure on the central bank to support economic growth.
Aluminum prices slumped 1.2% on Monday, while nickel and zinc lost 4.6% and 0.4%, respectively.
But major miner BHP Group (NYSE:BHP) said it expects Chinese demand to remain resilient, despite current trends. The miner, which is the world's largest by market capitalization, intends to ramp up its iron ore and copper production on the expectation that metal demand will recover.
Gold prices edged lower on Tuesday, with the yellow metal also nursing steep losses as safe haven buyers pivoted into the dollar.
Spot gold was flat around $1,779.13 an ounce, while gold futures fell 0.2% to $1,794.1. Both instruments shed about 1% on Monday, while the dollar index surged 0.7%.
Returns on gold, which is considered a popular inflation hedge, have largely lagged inflation this year, amid volatility in metal markets.
In contrast, the prospect of rising U.S. interest rates has seen traders broadly stick to the dollar as a safe haven.
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I figure the Fiat USD will Double in "Spending Power" before going to Zero...