"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 24 JUNE

 Frank26   [Iraq boots-on-the-ground report] 

  FIREFLY:Measures by the CBI they say will reduce the dollar rate...They say it will help reduce the dollar rate in coming days. 

 FRANK:  The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency.  This is the goal of the monetary reform process...I agree, in the coming days this mechanism...will bring forth value to your currency and continue to remove the American dollar from your society.

FIREFLY: International finance team is on the television channel one...They're saying the economic reform is Iraq is at an increasing rate and we have invested over $2 billion in Iraq.  

FRANK: This is the international finance community.  They all know what's going on.  When they say your economic reform has increased... what they're talking to you about without saying it, because they cannot, is the float.

FIREFLY: My bank guy said...Sudani...sent Alaq out in February...to announce to everybody that we were going to have a change in our exchange rate.  Then Sudani comes out and talks to us about it as well...in March...considering a change in our currency to 1.32 from 1320.  Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. 

FRANK:  They keep the exchange rate at 1320 to give you more purchasing power...They are about to give this power to you.

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FIREFLY:  Gold reserves over 145 tons TV says. 

 FRANK:  No...It's not 145 tons.  It's a lot more.    They're never going to tell you the right amount...It's a heck of a lot more than that.  Notice every time they talk to you about their gold it just gets bigger and bigger.  That is because of the success that is going on with the rewriting of the contracts and the success of the monetary reform...

 FIREFLY:  My bank friend...reminded me...remember back in February of this year when Alaq came out and he talked to us on television and he said, Iraqi citizens the project to delete the zeros still exists.  He didn't say the plan is to LOP our currency.  They are two totally different things.  We are deleting zeros and adding value.   

FRANK:  I love this because it's coming from the horse's mouth, a man of authority who knows what he's talking about...

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 FIREFLY:  They told us...due to typo errors in the printing of the budget it will be reaudited and sent back to gazette...after EID holiday...All sound little fishy to us...An Iranian proxy saying budget is under appeal but we see nothing official of that...We trust it is going to be in gazette after EID holiday...

  FRANK: They know what you are about to receive - your purchasing power.  They know it's going to be extremely difficult for them to steal this value, this currency, so in the last nanosecond, just before Sudani and Alaq present the new exchange rate and the lower notes to you they do everything possible to prevent you from receiving your blessing...

https://dinarevaluation.blogspot.com/2024/06/iraq-boots-on-ground-report-by-firefly_0922640454.html