Hide US Currency Field to the Investment Agreement

Aug 6th, 2022
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How to Hide US Currency Field to the Investment Agreement

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one of the things I learned really 1971 and then repeatedly is that surprises that happen in my lifetime happen to me in many cases were for things that didnt happen in my lifetime but happened in Prior lifetimes such as in 1971 I was clerking on the floor of the New York Stock Exchange August 15th Nixon severs the relationship between Bold and the dollar so essentially defaulting and I walked on the stock exchange I said financial crisis and I would expect it to be down a lot it was up a lot I studied history and found that the exact same thing happened in March 5th 1933 with Roosevelt doing the same thing basically on the radio and then I understood things better so what happened for me over the last number of years is there are three big things that are happening in my lifetime that didnt happen and I actually found with research but so the first is the amount of decoration and monetization of that and how its carrying through the system the second is the amount of internal polit

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The Foreign Account Tax Compliance Act (FATCA) requires foreign banks to report account numbers, balances, names, addresses, and identification numbers of account holders to the IRS.
Is it legal to have an offshore bank account? There is nothing criminal about opening an offshore bank account. However, it is a crime to use an offshore account to avoid paying taxes or to attempt to shield funds from the U.S. government. Offshore banking should not be used for those purposes.
Currently, the Fed and several major banks are running a Digital Dollar pilot, and it is being pushed as a good idea by media outlets including opinion writers in the Wall Street Journal. The Fed is preparing the electronic form of currency in conjunction with similar efforts by other nations.
But the dollar is likely to remain a top global currency, ing to the economist. And the odds that Chinas yuan will replace the dollar are essentially impossible, he added.
However, dont believe that your money is safe just because it is in an offshore bank account. The IRS can issue a levy to any bank within the US. If youre an account holder of a foreign bank that has a branch in the US, the IRS can easily issue a levy notice to the US office and empty your account overseas.
Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN. (Se puede leer esta nota en espaol aqu.) The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar.
That law aims to combat money laundering and tax evasion by requiring U.S. citizens and residents to file reports disclosing their foreign bank accounts. Non-willful violations of the law are subject to a maximum penalty of $10,000 per violation.
Its 100% legal for US citizens to have foreign bank accounts. You just need to tell the IRS and report it properly. In fact, weve found hundreds of banks still willing to accept US clients.

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