ITS ANOTHER MEETING DAY HEADED BY BRO INK JUDE OLUWASEYI ONDO DG

THE BRETTON WOODS FINANCIAL SYSTEM, QUANTUM FINANCIAL SYSTEM AND INKSLEDGER FINANCIAL SYSTEM

First we need to all UNDERSTAND the definition or what this Financial System stands for Financial system is a system that encourage investment, borrowing and lending.

BRETTON WOODS FINANCIAL SYSTEM

The Bretton woods Agreement is the landmark system for monetary and Exchange rate management established in 1944

The Bretton Woods system was the first system used to control the value of money between different countries. It meant that each country had to have a monetary policy that kept the exchange rate of its currency within a fixed value—plus or minus one percent—in terms of gold.

It was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944 (three weeks) Under the Agreement, currencies were pegged to the price of gold, and the US dollar was seen as a reserve currency linked to the price Gold Delegates from 44 countries met to create a new international monetary system.

The main goals of the meeting of the 730 delegates were to ensure a foreign exchange rate system, prevent competition devaluation and promote economic growth

It set out the rules for commercial and financial relations among the world’s major industrial states.

Plans to rebuild the international economic system after the World War 2 Started and before the war ended.

QUANTUM FINANCIAL SYSTEM

The quantum financial system i.s an advanced financial system launched to eradicate the cabal and banksters monopoly on the monetaropy system.

The current world financial system is based on the principle in which money is backed by debt which has already been taken from one through high interest rates.

The quantum financial system (QFS) is stored and operated on the satellite based server which is in turn based on quantum computing.

Quantum computing stores far more information requiring less energy and deliver more speed than current state computers.

This technology enables banks and businesses to be able to send unhackable data over a quantum network through the use of QUANTUM KEY DISTRIBUTION (QKD).

QFS will convert all fiat currency into gold-backed assets. Which of cause brings us back to the Bretton Woods Financial System

INKSLEDGER FINANCIAL SYSTEM

Inksledger Financial System (IFS) offers humanity an alternative money creation model which will put an end to a debt-based money system of fractional Reserve Banking.

IFS established by Inksnation, is a system which seeks to abolish competition of market actors and unhealthy market manipulation.. Inksledger Financial System established a universal distribution of wealth amongst all humans so much so that there is no poverty.

Humanity is inevitability the most important asset on Earth. So we looked for and found a way to back everything on Earth with human Asset. Instead of backing money by Gold, we thought it best we back money and every other thing by Human asset that is, the paper or the digital money is valueless in itself but has value based on the humans in the system.

THE DIFFERENCE BETWEEN INKSLEDGER FINANCIAL SYSTEM AND QUANTUM FINANCIAL SYSTEM

  1. QFS will be backed by tangible assets such as Gold, Platinum, and oil; while INKSLEDGER is backed by human assets.
  2. In the quantum financial system, one gets compensated for holding currencies while in InksNation, one gets compensated for being a human being borne into this wonderful world.
  3. QFS asset which are Gold, Platinum, Silver, and oil cannot be trusted. This is because these mineral resources if depended too much upon, might finish.
  1. QFS is looking to re-launch the Gold Standard lost during French Revolution by backing currencies with Gold asset; while INKSLEDGER is not trying to resurrect any system, it is rather looking to resurrect and promote love, unity, oneness, peace and equitable distribution of wealth through it’s PROOF OF LOVE (POL) and CMA (Collective Mass Agreement) system.

Inksupdate team

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