Question: [Guru Walkingstick said…the exchange rate is a line item in the budget…how [does] this fit into your theory on the EFSL?] The rate is not a physical thing confined to a folder or binder that moves from hand to hand. That’s the major misconception as to why so many people have been confused…thinking that a rate is jumping from budget to budget…The rate is digital. Not physical. The entire financial system as it stands now is based on the exchange rate… [Post 1 of 2….stay tuned]
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