• Jorge Vendrell wed-center

Trump-Biden, "Cryogenize the Economy"

Actualizado: jul 7

Study carried out by Jorge Vendrell that will be part of his next book entitled: "#TOP SECRET CRIOGENIZACION ECONOMICA" Appointment obliged by copyright.


Trump and Biden, Biden and Trump make up two visions of seeing the world under a common economic policy: Circular Macroeconomics and Economic Cryogenization that embody the "Stimulus Checks"



Trump and Biden, Biden and Trump make up two visions of seeing the world under a common economic policy: Circular Macroeconomics and Economic Cryogenization, as we will see below.


Trump.- Since Trump was elected president-elect of the United States, his top priority was that job creation acted as an accelerator of Gdp, and thus generate an economic Big Bang following the principles of circular macroeconomics.


With the onset of covid at the beginning of 2020, the former U.S. president focused his fight against the Economic Pandemic on three main axes: investing what was necessary in research to develop a vaccine, maintaining economic activity by limiting economic paralysis as much as possible, and boosting the economy through a financial stimulus that would directly reach the most vulnerable American individuals and families.


The success of this three-pronged strategy is unquestionable. He managed to obtain several vaccines in record time. It limited the economic paralysis, limiting the fall in GDP to -3.5%, being together with Russia, which recorded a fall of -3.1%, one of the countries with the smallest fall in GDP in 2020, avoiding the "Boomerang and Snowball Effects" that would have been catastrophic for the global economy. Boosted economic recovery through a direct action by the administration to citizens known as the "stimuluscheck," which the Trump administration delivered to Americans through the Internal Revenue Service (IRS) on two occasions, using direct deposit into a bank account or postal mail to send recipients a printed check or debit card in the amount of $1200 in April and $600 in December.


Biden.- Beyond the presidential disputes with Trump during the presidential campaign, upon his arrival at the White House he intensified the two main axes of the national policy of his predecessor, vaccines and stimulus checks that have not only been maintained but has intensified, which highlights the American pragmatism when it comes to making important decisions, which contrasts with the purely ideological ones that move countries like Spain in the fight against the Economic Pandemic.


If Trump approved the delivery of $1800 throughout 2020, Biden has approved in the first 6 months a third stimulus check of $1, 400 aimed at citizens and $2, 800 for couples. But this is not all, the Trump plan approved in March contemplated an expenditure of 2. 2 trillion dollars destined to the economic reactivation, the One of Biden surpasses it since to the part already spent of the budget of Trump must be added another 1, 9 billion dollars, allocating a large part of them to increase the social services to the families, as for example to pay a period of leave of 12 weeks for maternity and paternity, as well as another for illness.

But if there is anything new in Biden's stimulus packages known as :"American Families & Jobs Plan" it would be the approval of the "automatic payments" that would be activated when certain economic metrics reach certain thresholds, such as a negative evolution of unemployment that would turn stimulus controls into a "reactive force" capable of counteracting the poor performance of the economy when necessary.

It seems, therefore, that the US administration of TRUMP would have launched an economic semi-cryogenization, and that Biden would have the intention of expanding it with his"American Families Plan and American Jobs Plan", since it includes aspects very similar to the Economic Cryogenization that I announced through Iberian-Press in 2020.


WHAT IS ECONOMIC CRYOGENIZATION?


Report published by Iberian Press on 25.03.2020

Author: Jorge Vendrell


"Economic Cryogenization, is the hibernation of the economy creating a financial bridge between the beginning and end moment of cryogenization, consisting of the implementation of cyber-debt that will be transferred through cyber-currencies, supported by the UN, after a plenary meeting of all the countries that make it up, and endorsed by the World Bank and the IMF , in which the state will transfer, in a non-refundable way, through the Central Banks and in coordination with the Ministry of Finance and Labor of each country, the amounts in cyber currencies to fully cover the expenses of the Private and Public Sector during the duration of the hibernation of the economy."


To do this, the World Bank, the IMF and the UN should endorse what is known in economics as: Quantitative Easing, commonly known as a machine with a particular characteristic, instead of printing notes, would issue cyber-money that would be received by its recipients through their mobile devices and Guaranteed Payment Cards (TPA). The amounts received should be referenced according to the country in global currencies to which the word Cyber would be anticipated, becoming called Cyber euro, Cyber dollar, Cyber yen, Cyber yen and Cyber pound.


The "Trump-Biden Stimulus Check" includes some basic principles present in the "Economic Cryogenization" such as the direct sending of aid to its legal recipients.


The main feature of cyber-currencies is that they would not have access to physical money and could only be used to make payments in shops through mobile phones or TPA debit cards and to make transfers through ATMs or internet payments; always, within the territorial scope in which the card is accepted. If the changes of all currencies were frozen it would even be possible to use them for international payments between the different cyber currencies.


To launch cyber coins, a pyramidal process should be developed, which should follow the following guidelines:

  1. The UN will hold a Plenary Meeting to approve the issuance of CIBER DEBT AT A GLOBAL LEVEL. That it should be used to alleviate the damage to citizens and businesses.

  2. The World Bank and the IMF will guarantee the massive issuance of CIBER-DEUDA that the WB itself would issue or delegate this issuance to the central banks it deems appropriate.

  3. The central banks of each country will be responsible for issuing the CIBER-COINS in the amounts of CIBER-DEBT approved by the WORLD BANK AND THE IMF for each of them.

  4. The Ministry of Finance and the Ministry of Labour shall be responsible for listing the recipients and the amounts to be received.

  5. The Treasury will be responsible for sending to mobile phones or through TPA cards, the amounts that citizens and companies must receive. - In this way, the amounts corresponding to workers, recipients of aid, and companies couldarrive.

  6. For this initiative to be launched by the end of April 2020, all companies will suspend their payments until they receive the amounts corresponding to the purchase of raw materials with maturities March and April, and their overheads. On the contrary, all those who have been fired will receive a credit from their banks, which they will charge when the cyber money is issued. In this way the state will not have to make payments corresponding to the ERTE presented from the declaration of the STATE OF ALARM

For this initiative to be launched by the end of April 2020, all companies will suspend their payments until they receive the amounts corresponding to the purchase of raw materials with maturities March and April, and their overheads. On the contrary, all those who have been fired will receive a credit from their banks, which they will charge when the cyber money is issued. In this way the state will not have to make payments corresponding to the ERTE presented from the declaration of the STATE OF ALARM.


SIMILARITIES BETWEEN THE "TRUMP-BIDEN STIMULUS CHECK" AND THE "ECONOMIC CRYOGENIZATION"


"Vendrell Plan of Economic Cryogenization". - When I drafted the "Vendrell Plan for Economic Cryogenization" I did so with the intention that its implementation would avoid the global economic catastrophe that the Economic Pandemic has generated, since the objective was to generate a financial bridge between the beginning and end moment of cryogenization in order to directly restore to those affected the damage caused by the Economic Pandemic both at the individual and business level.


In order for the plan to have the broadest possible support, it had to be adopted within the United Nations. Although the Plan was never openly debated, it was forwarded to the White House when Trump was president and a copy of it was sent to Biden in late March 2020 coinciding with its publication in Iberain Press.


"Trump-BIDEN Stimulus Check".- Be that as it may, the "Trump-Biden Stimulus Check" includes some basic principles present in the "Economic Cryogenization" such as the direct sending of aid to its legal recipients through checks or debit cards, sent from the IRS, as pointed out by the Economic Cryogenization in points 4 and 5.


Undoubtedly the "Economic Cryogenization" proposes a much more efficient formula, point 6, than that of the Stimulus Checks, which are still a linear payment to Americans who meet a series of very broad requirements; but that is far from a much more technical system such as the one contained in the "Economic Cryogenization Implementation Plan" that identifies individually the costs incurred by each citizen and company during the Economic Pandemic to be compensated automatically.


"Loa Pagos Automáticos" .- The approval of the "Automatic Payments" that the Biden administration is studying to implement when certain economic metrics reach certain thresholds, such as a negative evolution of unemployment transforming aid into a "reactive force" capable of counteracting the poor performance of the economy, would be to climb several more steps towards the application of the "Vendrell Plan for Economic Cryogenization" that I have no doubt will finally be the model that in the future will end up being imposed worldwide.


Learn more at www.wed-center.com

Jorge Vendrell

World Economy Development Center