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According to this report, supply and demand issues in trade are currently in an imbalanced state. The demand for goods and services has steadily grown since the Covid-19 pandemic, and first quarter numbers show a significant growth for the United States and for China. Yet, we are not out of the woods, and supply and demand need to be brought into equilibrium. High demand is good for traders, and it looks good on the Markets. It is the supply side that is lacking at the present moment due to inflated prices on goods and services. In order to balance the economy and make it grow steadily and forward, there needs to be more attention on moving the products across the country. This will increase money flow and demands on our Stablecoins that in turn gives more purchasing power to our currencies. Here is where monetary policies come into play. As we move into a tokenized asset and gold token regimen for payment, this will stimulate the process of deflating the economy. A shift in interest rate reduction or remaining steady will give our suppliers liquidity capable of catching up to the demands of companies across the United States and China. We are at a wait and see approach on the FOMC meeting. The changes made at this meeting and the next one are critical to the transition of our economy and it's moving back into profitable status. WATCH THE WATER. © Goldilocks https://www.supplychainbrain.com/articles/39829-global-trade-is-on-the-rebound-are-suppliers-getting-the-benefit https://www.investopedia.com/next-fed-meeting-7551561#:~:text=The%20next%20FOMC%20meeting%20will,banking%20sector%20and%20stock%20market.

"Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach." This project has reached its minimum requirements that will allow it to work with early adopters on this Digital Ledger Technology enabling instant payments through cross-border International (CBDC) trades. This system will allow foreign currency exchanges through local currencies. There are now over 26 observing members and Saudi Arabia has just recently joined as a full participant. This DLT will allow payments to be settled in local currencies of those who are early adopters of this new digital payment system. "Project mBridge is the result of extensive collaboration “starting in 2021 between the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People’s Bank of China and the Hong Kong Monetary Authority.” In 2022, real value transactions took place on a pilot program and was successful. This project has been coordinated with the Bank of International Settlements, and it is expected to be available by mid-2024. Since mbridge has reached its minimum viable product stage, it is now able to invite the International community to begin interfacing onto this section of the QFS. © Goldilocks https://www.crowdfundinsider.com/2024/06/226108-project-mbridge-to-continue-exploring-multi-central-bank-digital-currency-cbdc-platform/ https://www.bis.org/about/bisih/topics/cbdc/mcbdc_bridge.htm https://www.ledgerinsights.com/mbridge-cross-border-cbdc-payments-mid-2024/ https://www.productplan.com/glossary/minimum-viable-product/#:~:text=A%20minimum%20viable%20product%2C%20or,iterate%20and%20improve%20the%20product.

As US Treasury bonds are being sold around the world, we have a growing interest in Stablecoin use case scenarios designed to minimize the risk factors of a falling monetary system as it embraces a new digital asset based trading system. © Goldilocks

"China has diversified its holdings by selling $53.3 billion worth of US Treasuries and agency bonds. This adjustment aligns with BRICS nations gradually broadening their investment portfolios since 2022." China is moving away from buying US Treasuries to Global opportunities that will expand the Chinese Yuan and the BRICS Nations coalition. This is all part of leveling the playing field from a World Reserve Currency to payments transacted in local currencies. This shift will increase the demand for their own currency and make available higher exchange rates with China and whoever they trade with going forward. © Goldilocks https://www.msn.com/en-us/money/other/china-s-new-investment-play-shifting-away-from-us-treasuries-to-global-opportunities/ss-BB1nOjHM

The Core Banking System is the foundation of our Global Financial Markets. It enables seamless currency exchanges, and it is the part of the banking system that coordinates risk management tools and digital networks to move virtual assets through the new QFS system on a Global scale. Cross border international trading is made possible through this new digital banking system mechanism. It will allow foreign currency exchanges to move through the system. The beauty of this new digital banking system that is the nuts and bolts of all transactions done in a bank lies in the fact that it is done. © Goldilocks https://www.fivedegrees.com/foreign-exchange#:~:text=Your%20core%20banking%20system%20forms,is%20really%20not%20that%20foreign.

"Core Banking Systems Market Now Well-Established, Cloud Infrastucture to Drive Innovation – Report" Cloud banking infrastructure allows financial institutions to deliver banking services and operations through the internet on-demand.  On Demand Banking allows you to deposit to and withdraw funds immediately and whenever you want. This electronic digital banking model provides access to computing resources like servers, data storage, and applications. The top five vendors in 2024 for this new digital banking service include: * Temenos * FIS * Mambu * Finastra * Tata Consultancy Services As we have previously noted, the Iraqi digital banking services are now live on Temenos. A core banking system is like a nervous system is to the body. It transmits electrical signals to the various components of a banking system allowing it to operate seamlessly. A core banking system is a back-end system that processes daily banking transactions and posts updates to accounts and other financial records. © Goldilocks https://www.crowdfundinsider.com/2024/06/226100-core-banking-systems-market-now-well-established-cloud-infrastucture-to-drive-innovation-report/

"He who holds the gold makes the rules." This is never been more applicable than it is as we approach our new world. The Central Banks govern the banking system. Who has been storing the gold? The Central Banks. Now, you can begin to see where this is heading. © Goldilocks https://economicsociology.org/2015/08/28/remember-the-golden-rule-whoever-has-the-gold-makes-the-rules/

It is important to note that we are moving from a Petro Dollar regimen to a Central Bank Digital System. There are about 214 Central Banks around the world that are officially recognized by countries as of Feb 16, 2023. The new Global Economy is moving into a "shared governance regimen" whereby "leveling the playing field" between countries through Central Banks are beginning to lead the way. It is the wCBDC coins that will move money around in cross border International trading. This is causing a shift in the movement from a World Reserve Asset to a shared Central Bank Governance. © Goldilocks https://www.plus500.com/en/newsandmarketinsights/central-banks-of-the-world-explained#:~:text=What%20Are%20the%20Biggest%20Central%20Banks%3F,world%20from%20officially%20recognized%20countries. https://www.stabroeknews.com/2019/08/21/features/future-notes/shared-governance-the-most-acceptable-solution/

Today, we are witnessing a 100-year cycle/bubble in the markets and a 50-year pact going away with Saudi Arabia moving from the Petro Dollar to trading in local currencies. I wouldn't expect too much of a shift the next 2 to 3 days on the Dollar, but the weeks ahead will have a significant toll on the Dollar going forward. This shift in the Global Economy will begin the process of "leveling the playing field" and reset new demands on currencies that have not been utilized in trade for a long time. All of this is coming at a very pivotal time. As we shift our attention from the Petrol Dollar to Stablecoins that represent our local currencies in trade among nations, these new demands will increase money velocity that will raise the value of currencies around the world. This is a process that takes a little time to see changes happen, but the process has begun. WATCH THE WATER. ©✓Goldilocks https://www.reuters.com/technology/saudi-arabia-joins-bis-led-central-bank-digital-currency-trial-2024-06-05/

FF just brought this article to my attention and look at what is inside of it. Iraq joined the Swift System in 2022. This makes them ISO 20022 compliant according to our recent records of what the Swift System is doing. © Goldilocks https://shafaq.com/en/Economy/CBI-bars-197-firms-from-forex-auctions-in-anti-money-laundering-push