Sunday, August 25, 2024

LATEST FROM MILITIAMAN, 26 AUGUST

 Militia Man 

  Article:  "Alaq's upcoming visit to New York supports banking system stability."  People ask me why isn't he going to Washington?  

What's in New York? 

 New York is part of the United States banking system, United States Federal Reserve Bank is in New York.  Where is the account for Iraq's oil money?

 ...It's not in Washington D.C.  It's not at the White House.  It's definitely in New York isn't it.  

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 Militia Man  

 Article Quote: "Alaq confirmed... there will be meetings held with the Federal bank and US Treasury at the end of this August"   

What's the date today?  

It's not far off.  The last meeting he had was unannounced...I think him coming back to the Untied States, he's probably going to bring something he should have had done a long time ago.

Article: "Iraq is heading towards printing new paper currency"

  They're not going to print new currency in the sense of triple zero notes...There's no reason for it.  They were destroying perfectly good triple zero notes.  They did a video on it...destroying money, making little pellets.  They had a whole show on it.  

Why would they be destroying good money

 Granted, if they filmed that they were damaged with ink on them, all these different things, I understand that.  That wasn't the case.  In 2018...they spent tens of millions of dollars on printing new currency... Bottom line is, why would they be printing triple zero notes at a time when inflation is low?  That would create inflation.  The whole idea is not to do that.  

Article quote:  "There's no intention to print new paper currency at the central bank..." 

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