"RV UPDATE" BY MARKZ & MILITIAMAN, 19 JAN

 Militia Man & MarkZ 

  [via PDK]  

 Militia Man:  Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar.  

MarkZ:  When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar.   

Militia Man:  I just read that  the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar.   That is the quote.  

 MarkZ:  That is telling.

 MarkZ:  There is no future for them without an improved exchange rate...  

Militia Man:  If they have a REER (Real Effective Exchange Rate) based on true values…from oil, natural gas, borders, tourism, taxes and tariffs…it’s going to be phenomenal…and that is what they are working on. I think everyone should be excited as we are watching it unfold. We should all have confidence that what we are invested in is coming to fruition. That is my belief…everything is very positive.

  Question:  What happens if they just print new notes and the dinar we hold are not good anymore?  

MarkZ:  That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though.  

Militia Man:  We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. 

We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-markz-militiaman-6-jan.html

Question:  What happens if they just print new notes and the dinar we hold are not good anymore?  

MarkZ:  That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though.  

Militia Man:   We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…

The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. 

Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-markz-militiaman-4-jan.html