GOLDILOCKS
The old Financial System. If you know how to play Monopoly, you will know the financial system we are moving out of is one that gets too expensive for anyone to live in and the winner is the one that owns it all and no one else does.
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Global payment technology provider Opus Technologies has launched FinGeniusAI Solutions, an open innovation platform aimed at fostering the adoption of AI-based solutions in the banking and payments industry.
OpusTechGlobal Link
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“World Economic Forum Annual Meeting
DAVOS-KLOSTERS, SWITZERLAND
15–19 January 2024″ | AA Link
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Supply and demand are becoming issues for Iraq as they have moved on to the International stage. This move has created fluctuations on the exchange rate of the Iraqi dinar, and they are currently looking at ways to stabilize their currency through economic tools that will bring them into alignment with other currencies.
This is why they are currently looking at measures of control to stabilize their exchange rate through the process of “deleting the zeros” and withdrawing cash mass from their citizens while transferring these monies to the banking system.
They’re looking at other mechanisms to control the Iraqi dinar through interest rates, of which, we have talked about in this room. Interest rate control allows them to guide the inflow and outflow of the dinar.
Control of their oil supply and other economic factors of trade within Iraq is becoming increasingly evident and unnecessary. The ability for the Government to trade freely on an open market is an emerging theme of realization and of necessity. It will bring more prosperity to their local economy.
These new mechanism changes for Iraq are coming into play, and the emergence of a new economic system is beginning to create price pressures forging new ways of implementing their new economy.
© Goldilocks
https://www.non14.net/public/163518
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