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Italy’s Parallel Fiscal Currency: All You Need To Know

The basic principles of the fiscal money are two:
1.First: it is a particular government bond that has a value given to it by the state, even if it does not enjoy the status of a legal tender. In other words, the state binds itself to accept it, e.g. for the payment of taxes or governmental services, while business and citizens are free to use it or not. .
2.Second: as the bond is not designed to be reimbursed with the euro, which the state can no longer emit, the state is always able to honour its agreement. The bond cannot be exchanged for euros, but bondholders can use this special bond to pay their taxes or services provided by the state. It principle looks like a discount coupon that cannot be exchanged for euros but has a value, and oblige the issuer to provide a discount.

Since the state agrees to accept it but not to redeem it, it can’t default on its obligation. Such a bond is equivalent to a sovereign currency.

more http://www.zerohedge.com/news/2017-10-15/italys-parallel-fiscal-currency-all-you-need-know

The Rio Grande Zephyr rolls thru Castle Gate, UT
http://www.railpictures.net/photo/611897/

I recently read somewhere that a massive ‘short’ position was taken against MGM Resorts shortly before the massacre.  Allegedly for a European client. (Soros?)  The stock didn’t tumble as much as expected afterwards, though.   As always…. follow the money.   But somebody knew something big was coming.

killing innocents as a diversion  !!!  You want MOTIVE   ? here it IS  !  You  heard it here first at the Gold Tent ?

WAS MGM insured  for such an EVENT ?

I think Steve WINN knows more than he speaks ..since it was he that Hardened his security at his HOTELS   …While other took a DIFFERENT   approach …..

Rather CURIOUS MGM lets a contract to BUILD a BILLION DOLLAR Casino  at National Harbor DC

just after killings in VEGAS  were they INSURED against such an event  and the Funds going to be used to get out of VEGAS  ?

WAS MGM INSURED ?     Is this another Twin Tower event where some skunk insured the trade TOWERS two WEEKS BEFORE THE EVENT ?

INSURANCE FRAUD ?    Is that the motive  for VEGAS   killings  ?    Inquireing minds want to know ?

WAS this all an elaborate SCAM to generate an Insurance FRAUD   so Taxpayers fund Casino Expansion  !