written by reader What is this New Banking Rule?

by gatormom | December 17, 2020 3:45 pm

Does anyone know about the new banking rule that will effect 234 million Americans. Palm Beach Research Group[1] among others keep touting that

Endnotes:
  1. Palm Beach Research Group: https://www.stockgumshoe.com/tag/palm-beach-research-group/

Source URL: https://www.stockgumshoe.com/2020/12/microblog-what-is-this-new-banking-rule/


6 responses to “written by reader What is this New Banking Rule?”

  1. #lightthepath says:

    Good question…. i came looking for help here too?

  2. jims3d says:

    He says that the Office of the Comptroller of the Currency or OCC has recently issued a letter where they have stipulated the new rule to govern the financial system. According to analysts like Tiwari, it is a landmark decision that can lead to major shifts in the financial space.
    He says that the new rule will enable bank accounts to offer a new type of account that will allow people to transact cryptocurrencies seamlessly.
    He says that this will allow big money, which previously found it hard to trade cryptocurrencies, to have greater access to the market.
    He also mentions that the financial landscape in 202 has pushed investors to look for a way to hedge themselves against a fiat currency that could be impacted by inflation. This has been occasioned by the fact that the Fed and the government have had to print a lot of money to prop up the economy.
    Tiwari and a few others believe that printing too much money out of thin air, while deemed necessary to keep things afloat, will trigger inflation making the dollar an unreliable store of value.
    Cryptocurrencies, especially those with limited supplies, are providing an alternative to gold as a store of value. Bitcoin is a good example of this.

  3. philrar says:

    What is the ID coin that is being touted today?

  4. goober12 says:

    New Banking Rule Set to Affect 234 Million Americans

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