MarkZ
[via PDK] There are a lot of interesting articles on de-dollarization coming out of Iraq. “KRG to collect customs fees in dinar exclusively” This is the Kurdish region in northern Iraq. They have fully jumped on board with the de-dollarization effort. Comment: In Iraq –they took all the dollars out of the ATM’s - dinar only. MarkZ: Yes…it’s all part of the de-dollarization...I can tell you from my sources they agree…and Kuwait did the same thing before they RV'd. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing.
...What one person calls a redemption center-another calls a bank. But overwhelmingly redemption centers are in banks…Banks that are set up with people trained to exchange currencies and all the procedures and equipment…. Call it whatever you want. Call it a “redeeming bank”…Most work in dual roles…in wealth management and will be assisting with exchanges when it happens…so most are already employed at banks.
We are watching it happen…and yes it is just moving so slowly. Slowly, slowly then suddenly it’s going to go. BAM
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