"IRAQ JOINED THE SWIFT SYSTEM IN 2022" BY GOLDILOCKS, 9 JUNE

GOLDILOCKS

FF just brought this article to my attention and look at what is inside of it. Iraq joined the Swift System in 2022. This makes them ISO 20022 compliant according to our recent records of what the Swift System is doing. 

© Goldilocks 

https://shafaq.com/en/Economy/CBI-bars-197-firms-from-forex-auctions-in-anti-money-laundering-push

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Today, we are witnessing a 100-year cycle/bubble in the markets and a 50-year pact going away with Saudi Arabia moving from the Petro Dollar to trading in local currencies. 

I wouldn't expect too much of a shift the next 2 to 3 days on the Dollar, but the weeks ahead will have a significant toll on the Dollar going forward. 

This shift in the Global Economy will begin the process of "leveling the playing field" and reset new demands on currencies that have not been utilized in trade for a long time. 

All of this is coming at a very pivotal time. As we shift our attention from the Petrol Dollar to Stablecoins that represent our local currencies in trade among nations, these new demands will increase money velocity that will raise the value of currencies around the world. 

This is a process that takes a little time to see changes happen, but the process has begun. 

WATCH THE WATER.

©✓Goldilocks 

https://www.reuters.com/technology/saudi-arabia-joins-bis-led-central-bank-digital-currency-trial-2024-06-05/