Kinesis is to contribute to stable and high global growth, while fostering price and financial stability is often used interchangeably with terms such as “international monetary and financial system” and “international financial architecture.”

Since the nomenclature involves de jure/de facto jurisdiction, obligations and oversight concerning sovereign nations and multilateral bodies, it is important to be precise and specific.

The IMS comprises the set of official arrangements that regulate key dimensions of the balance of payments (IMF, 2009c; 2010a). It consists of four elements: exchange arrangements and exchange rates; international payments and transfers relating to current international transactions; international capital movements; and international reserves.

The essential purpose of the IMS is to facilitate the exchange of goods, services and capital among countries. As outlined in the Articles of Agreement that established it, the IMF is required to exercise oversight of the IMS.

The obligations of member countries are to direct economic and financial policies and to foster underlying economic and financial conditions desired to achieve orderly economic growth with reasonable price stability (“domestic stability”), avoid manipulation of the exchange rates and to follow compatible exchange rate policies.

Original article on Medium
And don't forget to check us out on our website

Kinesis is to contribute to stable and high global growth, while fostering price and financial stability is often used interchangeably with terms such as “international monetary and financial system” and “international financial architecture.”

Since the nomenclature involves de jure/de facto jurisdiction, obligations and oversight concerning sovereign nations and multilateral bodies, it is important to be precise and specific.

The IMS comprises the set of official arrangements that regulate key dimensions of the balance of payments (IMF, 2009c; 2010a). It consists of four elements: exchange arrangements and exchange rates; international payments and transfers relating to current international transactions; international capital movements; and international reserves.

The essential purpose of the IMS is to facilitate the exchange of goods, services and capital among countries. As outlined in the Articles of Agreement that established it, the IMF is required to exercise oversight of the IMS.

The obligations of member countries are to direct economic and financial policies and to foster underlying economic and financial conditions desired to achieve orderly economic growth with reasonable price stability (“domestic stability”), avoid manipulation of the exchange rates and to follow compatible exchange rate policies.

Original article on Medium
And don't forget to check us out on our website

The Kinesis system problem is, it is very difficult to achieve both while promoting economic activity, hence the continual desire by central planners to maintain a level of inflation, or in other words a devaluation of currency.

Under the Kinesis system we are able to take the greatest store of value, gold, make it an efficient medium of exchange via blockchain and cryptocurrency technology, then stimulate money velocity and economic activity through a multifaceted incentivizing yield system.

Similarly, today, the adjustment burden is being shifted to others. Advanced countries — including Canada, Japan, and the Euro area — have recently seen sizable appreciations of their currencies.

The net result could be a suboptimal global recovery, in which the adjustment burden in those countries with large imbalances falls largely on domestic prices and wages rather than on nominal exchange rates.

History suggests that this process could take years, repressing global output and welfare in the interim. The first is to reduce overall demand for reserves.

Alternatives include regional reserve pooling mechanisms and enhanced lending and insurance facilities at the IMF.

While there is merit in exploring IMF reforms, their effect on those systemic countries that already appear substantially over insured would likely be marginal. As I will touch on in a moment, the G-20 process may have a greater impact.

Article on Medium
Check us out on our website

Kinesis monetary system will solve the ISK devaluations.

Banks’ expansion of the money supply has led to inflation and devaluations of the ISK. When the economic outlook is positive, banks acting to maximize profit will lend more (so the money supply grows at a faster rate) but when the economy is doing badly, banks’ lending slows down (so the money supply grows at a slower rate, or even starts to contract).

This lending behavior amplifies the economic cycle. In the expansionary years of 2003 to 2006, the Central Bank of Iceland raised the policy rate (the base rate of interest) and warned that the economy was overheating.

However, this did not prevent the banks from over expanding the money supply. For decades, commercial banks in Iceland have expanded the money supply much faster than was required to support economic growth in Iceland.

In the twenty years from 1986 to 2006, GDP grew on average by 3.2% per annum. In the same period banks expanded the money supply by an average of 18.6% per annum.

Expanding the supply of ISK six times faster than was needed for economic growth was a leading cause of inflation and devaluation of the ISK.

In an effort to curb lending, the Central Bank of Iceland increased its policy rates from 5.6% in 2004 to 18.0% in 2008. Raising the policy rate was largely ineffective in restricting money creation by the banks, and also had the unwanted side effect of creating a surge in demand for ISK by foreign investors.

This demand served to delay the inevitable devaluation of the ISK. In 2008 reality caught up with the ISK and the exchange rate fell by 50% against the USD.


Find the original article on Medium
Also, don't forget to catch us in Amsterdam on the 27th & 28th! More information about the event can be found here

Kinesis provides the most secure form of digital data storage.

By delegating the creation of money to private commercial banks, the Central Bank of Iceland, and thereby the state, foregoes considerable income that it would otherwise earn from creating new money to accommodate economic growth.

Commercial banks in Iceland reap a benefit from the ability to create money in the form of demand deposits. Banks can pay lower interest on demand deposits than they would by borrowing in the market.

Owners of demand deposits are content with low interest rates because the deposits are a convenient form of money and for banks that are ‘too big to fail’, there is an inevitable state guarantee on deposits.

Unless banks are engaged in ‘perfect competition’ (a situation that almost never arises outside of economic textbooks), much of this cost-advantage ends up as extra profit for the banks. It can be estimated that by delegating the bulk of money creation in the economy to private banks, the Central Bank of Iceland foregoes estimated annual revenue of close to ISK 20 bn.

Although demand deposits are a convenient form of money from the perspective of businesses and members of the public, fundamentally they are simply a liability (or IOU) of the issuing bank.

A demand deposit represents a bank’s commitment to pay the deposit amount in cash, or to electronically transfer it to another beneficiary, when the owner so demands.


Want to learn more? Check us out on our website
Also, don't forget to catch us in Amsterdam on the 27th & 28th! More information about the event can be found here

Kinesis monetary system will take off the pressure on fixed exchange rate and suffers from all countries. The Bretton Woods system of pegged, but adjustable, exchange rates was a direct response to the instability of the interwar period.

Bretton Woods was very different from the gold standard: it was more administered than market-based; adjustment was coordinated through the International Monetary Fund (IMF); there were rules rather than conventions; and capital controls were widespread. Despite these institutional changes, surplus countries still resisted adjustment. Foreshadowing present problems, countries often sterilized the impact of surpluses on domestic money supply and prices. Like today, these interventions were justified by arguing that imbalances were temporary and that, in any event, surpluses were evidence more of virtue than “disequilibria.” In contrast, the zero bound on reserves remained a binding constraint for deficit countries, which eventually ran out of time. The Bretton Woods system finally collapsed in the early 1970s after U.S. policy became very expansionary, its trade deficit unsustainable, and the loosening of capital controls began to put pressure on fixed exchange rates. Once again, all countries suffered from the aftershocks. But today, Kinesis monetary system will change the system and solve the problems faced on the monetary system.

Want to learn more? Check our website

Also, don't forget to catch us in Amsterdam on the 27th & 28th! More information about the event can be found here

Currently, mining producers must sell to an intermediary and hit their “Bid”, which decreases their revenues materially. As the vast majority of producers sell at spot this is a compelling proposition for them. Central bank reserves are used by commercial banks in order to make payments between each other.

The CBI has monopoly on creating reserves and sets the reserve ratio. According to the money multiplier model, the CBI is able to limit how much money is created by commercial banks, by limiting the quantity of reserves and setting the reserve ratio.

Want to learn more? Check out the full article on Medium

Also, don't forget to catch us in Amsterdam on the 27th & 28th! More information about the event can be found here

Kinesis wants to take things further by introducing a unique type of debit card which relies on the token for the usage in all types of activities, whether you want to buy a coffee from Starbucks or get yourself that juicy steak.

The Kinesis debit card is here to help you, and for this to work in our era where each millisecond maters, it has to be fast and efficient while maintaining your tokens secure. It also features the option to exchange tokens for other Fiat currency at will, at an affordable rate.

Apart from the wide use of applications, this token is backed by a precious metal whose value not only endured the test of time, but rather increased and as a result you can expect even more benefits from using the debit card.

So far so good, right? Let’s try to understand the technical part by asking ourselves a question which needs a straightforward answer: I decide to buy myself a coffee using the debit card, how is the money deducted from my account?

It all comes down to KFN (Kinesis Financial Network) which is basically a mobile banking system connected to your Mastercard/Visa debit card.

The payment operation is done dynamically due to the connection between your card and your mobile e-wallet where your coins are stored as a result each successful transaction deducts a certain amount of coins.

The price of the card is reasonable as you can acquire one for $3.00. The monthly fee for your primary card is $1.00 and if you opt for a companion card (which is a card that can be created for kids or family members who are currently abroad) you will have to pay an additional fee of $1.00 per month.

ATM withdrawals, will cost you $2.00 and balance inquiries $0.50 while local use of the Visa / MasterCard Network are free.

Things look better when it comes to mobile fees as to move funds to/from mobile wallet into/out checking/savings account will cost you only $1.00 per transaction while moving money from mobile wallet to your debit card or another mobile wallet is free as well as the merchant processing fees.

Transferring from Kinesis to Mobile Wallet / Debit Card will cost you only 1% of the transaction amount.

Read more about Kinesis on out website.

The Kinesis system is extremely complex, being constituted of five different elements, all of which fulfill a certain role in order to offer a complete suite to users and to fulfill their high expectations.

The first element is the Kinesis Currency Exchange, an exchange that acts as the starting point for investors — it is the place where new Kinesis currency is minted, to then be transferred to the next element, the Kinesis Financial Centre.

The Kinesis Financial Centre is where Kinesis users hold their Kinesis currencies. In time, users also receive monetary rewards for contributing to the Kinesis system or simply holding money in their Kinesis Financial Centre e-wallet. This element also features a Visa and Mastercard debit card facility, allowing users to use their e-wallet balance all around the world.

The third element is the Kinesis Blockchain Exchange, which, as its name suggests, uses blockchain technology to allow users to exchange their Kinesis currencies held in their e-wallets for other supported currencies.

The fourth element is the Kinesis Commercial Centre, which acts as an aggregator for businesses that sell their goods and services for Kinesis currencies, offering an excellent and effortless way for users to put the monetary rewards received to good use.

Lastly, the element that ties them all is the Kinesis Blockchain Network. This element also uses blockchain technology in order to process transactions throughout the Kinesis system.

If you want to learn more about the Kinesis system and its different elements, check us out on our website.

Follow the video and link on LinkedIn to claim your free ETH!

Kinetically Charged Yield Bearing Asset Based Monetary System of Shared Economic Wealth

In the same way our sun unconditionally delivers an indiscriminate share of energy to planet Earth that stimulates life, we present a comparative energy system to stimulate the movement of money, assets and hence overall commerce and economic activity in a fair, honest and rewarding process. It is an entirely new monetary system, which is based on movement, kinetics and velocity. We name the system Kinesis.

Find more information on Medium!