Proposal: 1750(AG16) Reg J; Collection of Checks by FR Banks and Funds Transfers Through Fedwire Description
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Proposal: 1750(AG16) Reg J; Collection of Checks by FR Banks and Funds Transfers Through Fedwire Description: Comment ID: 139094 From: TV news station employees, Keweisi Mankro Proposal: 1750(AG16) Reg J; Collection of Checks by FR Banks and Funds Transfers Through Fedwire Subject: Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire Comments: Date: Aug 01, 2021 ________________________________ Proposal: Regulation J: Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire [R-1750] Document ID: R-1750 Revision: 1 First name: Keweisi Middle initial: Last name: Mankro Affiliation (if any): TV news station employees Affiliation Type: News media (New) Address line 1: Address line 2: City: State: Zip: Country: UNITED STATES Postal (if outside the U.S.): Your comment: I want to make a suggestion to you the Federal Reserve. I think that the current domestic economic recession in the United States is getting worse. Inflation is getting worse. So I think the United States should implement the silver standard of currency. Because only the silver standard is used as a U.S. dollar trading metal entity to maintain the stability of the U.S. dollar, I think the U.S. The currency, the U.S. dollar, should be linked to silver. The U.S. dollar should control the price of silver. Now China uses the silver standard privately and does not disclose it to the public. This is China's financial weapon to control the world. So we, the United States, should buy a large amount of silver from Taiwan to control the U.S. dollar and keep the U.S. dollar stable. Protect our U.S. economy as soon as possible. Finally, I want to tell you why the U.S. dollar cannot be linked to gold. The reason is that there will be a large shortage of gold in the future. The world may not have gold in the future, so gold will become scarce in the future and cannot be used as the basis of world currency. Moreover, China is currently buying a large amount of silver privately from the world, but the purpose is to undermine the economic stability of the United States. So please, the Federal Reserve must protect the currency of our American citizens, the U.S. dollar and maintain currency stability. Therefore, the United States should implement the silver standard, so I want to tell you. The Fed recommends that the U.S. dollar be linked to silver.