STATUS OF THE RV
I know everyone wants this RV, like yesterday. But unfortunately, there is still work to be done on many angles for Iraq.
There is also the issue of Iran to be resolved before we can even think about an RV. Again, are we looking at the glass half empty (what still has to be done) or half full (how far they have come in just 2.5 years).
I try to bring you the progress of the monetary reforms, mostly following the plan to get back to FOREX. This is what we concentrate on mostly but there are other issues too that creep up. We can’t forget about these, as they delay the plan.
This is a huge effort for Iraq as it is right in the middle of a very volatile area of the world right now with the Oct 7th attack on Israel and now the negotiations with the U.S. on the nuclear dismantling of Iran. ISIS is also not yet dead and is still creeping around.
These terrorist organizations grown mostly because the U.S. has taken out the leaders of these countries that kept other terrorists out. I know many are also dictators but they seem to never have a solid plan afterwards once they disturb the situation.
The U.S. and CIA are very good at messing with the beehive, but then run when it becomes overwhelming and the bees begin to sting, leaving the region a mess. Only later they come back to help, costing these countries billions to clean up. The covert U.S. operations did this with Afghanistan, Syria, Libya and Iraq. I certainly pray Syria turns out okay with their new leader.
I will add Iran is the main beehive and we can’t ignore it. Everyone should go and research why and how Ali Khamenei got into power. Remember that there is an Islamic Revolution going on at the heart of all this terrorist trouble.
Khamenei has been in politics in Iran since 1981. I believe he has made Iran the epicenter of this Islamic Revolution we are seeing now stemming into our own countries. This Islamic Revolution is an armed, violent revolt against the western values and anyone who does not follow the Quran.
If you truly follow the Quran literally, which these revolutionaries do, you can’t be a peaceful Muslim. There then becomes no such thing as a peaceful Muslim. Either you are Muslim or your not. It’s like being a Christian without following the biblical New Testament and Jesus’s teachings.
This Iranian influence through their Islamic Revolution has tentacles in just about every nation throughout the world. Is the breeder of terrorism.
This is no joke! Unfortunately, Iraq is a centuries old, major trading partner with Iran. So, I hope now you can see the uphill challenge facing Iraq when the U.S. wants to sanction Iran. It is hard to do.
This RV plan we watch is the Dr Shabibi’s plan from 2011. I am told the plan is still in effect and moving ahead. In my last Newsletter I showed you solid and honest news of the plan moving ahead, if even a step forward. This to me was “WOW!” news and unfortunately many of you did not see it that way.
You want the RV tomorrow or else my information is no good. Sorry I will refuse to lie. I don’t know why you get disappointed when they show progress. Maybe it’s because you are still listening to many of these other idiot intel gurus with their “secret intel”, “behind the scenes” and “four letter agency” stories?
So, what Iraq just announced last week is they are going cashless. They told us this was coming and now it’s here in early July. They are going to “force” these stashes and hoards of cash dinars and dollars out of the homes. They told us this is 90% of the paper cash that resides outside of the banking system. It should be obvious now to everyone the grave importance of getting this cash back into the banking system for their economy to grow. This will also cut off all cash to Iran.
The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. I know, I know I keep telling you the value is already in the dinar and in fact if you go back to 1990 it was over $3 and so look at all the progress since.
But the standards for currency valuations have changed. Basel I-IV changed all of it. Why isn’t it at least at $3 now? But this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past!
They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs.
These currencies will support each other. These will be major trading partners.