Fiduciary Friday

Friday, August 13, 2021 – aka “Fiduciary Friday” – is the launch date for the SuperFed to commence the ethical oversight that underwrites its payments gateway at US Treasury.

This launch date pays tribute to the 50 year anniversary for August 15, 1971 when President Nixon took the US Dollar away from the traditional gold standard and subjected the world economy to a purely fiat monetary system – a first time experiment in the recorded history of money that eventually became permanent.

Under the banner “The Challenge of Peace”, President Nixon introduced a new economic policy for a post-war growth strategy that was intended to promote international business expansion and job creation.

Fifty years later, coincidentally known as a “Golden Jubilee”, the SuperFed emerged as a sovereign private risk reduction mandate to neutralize the moral hazards arising from quantitative easing, technological substitution and monopoly concentrations.

The SuperFed uses a preventive fiduciary framework featuring interpersonal credence letters to invoke ethical fiat policies that offset the prevailing emphasis on “caveat emptor” (ie “buyer beware”) cut-throat manipulation in “bad faith” credit markets.

Credence letters serve as transactional currency to quantify the shared sovereign nationality bonds that are naturally enjoyed by living persons, administrative limitations notwithstanding.

Fiduciary Friday represents the arrival date for distributed federal reserve rites that reinforce the implicit living bonds associated with the monetary creation process.

Address to the Nation Outlining a New Economic Policy: “The Challenge of Peace”

Richard Nixon
37th President of the United States (1969‐1974)