"IRAQ BOOTS ON THE GROUND REOPORT" BY FIREFLY, 26 FEB

  Frank26

  [Iraq boots-on-the-ground report] 

 FIREFLY:  The entire city is uncomfortable and upset knowing the HCL is still not dealt with, knowing this is a key for us citizens.  Today they [parliament] all walked out.  They can't agree on the bill and they said we don't know when or if ever we will pass it.  FRANK:  That's a bunch of bull Ka-Ka.  What do you mean you don't know when you're going to pass it.  No one needs you to pass it!  

 FIREFLY: TV says the Baghdad dollar will see a huge drop beginning of week, however the exchange rate is stable?  We don't know what it means. 

 FRANK:  What is a Baghdad dollar?  It's the United States Dollar in Baghdad....That's the drop of the US dollar in the parallel market...Which means they'll try to get to 1 to 1...I'm not telling next we're going to have our blessing.  I'm telling that next week they're going to do what they're saying.

FIREFLY:  Sudani talked about going to Washington DC to meet and get all oil reserves and assets from oil held in U.S. Treasury.   FRANK:  Dang!  Like they don't have enough money!  Wow! 

FIREFLY:  Al Suandi is on TV news Channel One saying the best and the only way to improve the electronic payment system is the CBI should remove the three zeros, print the new currency and give us a one month period to exchange our currency.  This will show the power of the dinar over the dollar ...He also said this will get rid of citizen holding cash and any smugglers and money laundering. 

FRANK:  ...That's what they're about to introduce to you, your new exchange rate to match your lower notes...the lower notes will only work with a new exchange rate.  I can't believe they keep saying this to you constantly every day...You are within arms reach ...One month...I believe they'll give you longer than that.  Outside with us it should also be a longer time to exchange...

 FIREFLY: A guy comes on TV and he talks to us about how the end of the Untied Nations mission official has removed all sanctions from Iraq...

https://dinarevaluation.blogspot.com/2024/02/iraq-boots-on-ground-report-by-firefly_01039549117.html

 FIREFLY:  So far we are not seeing the lower notes but they talk to us about them every day.  They just talk to us about them and why we'll need them.

 FRANK:    They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after.  I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can.

 FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes...He said to us once again, the process to delete the zeros is in the process. 

 It made us smile.  He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing.  He said if the CBI didn't come out with these lower notes the monetary reforms would be a disaster.  He said that's why we need a change in our rate... 

https://dinarevaluation.blogspot.com/2024/02/iraq-boots-on-ground-report-by-firefly_01427855001.html