The intent of the government of Iraq and the board of directors of the CBI is to eventually float. We see this information in the art
They have told them [Iraqi citizens] a change is coming. Do you need another clue? Come January 1st what are the citizens supposed to do?
What are they supposed to use? Should they continue to use a worthless currency? Should they continue to live in misery, poverty, when they were promised other things? Iraq will be another Dubai. What more can the CBI do after the first? Reinstate and float. That will make the Iraqi citizens very happy...
Why only [spend] 20% [of their budget] in 11 months? IOO they're waiting for a new exchange rate. They're going to use their currency...
pressure will be reduced on the citizens by adding value to their currency...Stop using the dollar on January 1, 2024 because the monetary reform education is the key and we're telling you what we are doing.
IMO they are telling them all so they will understand where the monetary reform process is at at this moment.
[via WiserNow] I received...good intel from a very trusted source and a treasury representative...We're ...looking at us to be notified on Monday...Which is the 18th and exchange on the 19th...Monday into Tuesday is what looks like is going to happen to tier 4B - that's us...
the redemption centers...did say they intend to get the started before Christmas and it looks like that's what is going to happen...I think we're good to go...
I believe that's going to happen sooner than Christmas. Everything that we're getting yesterday and today is pointing toward this happening - Very soon...we are right at the precipice of this happening... I think we're looking at getting this done and having a wonderful Christmas moving into the new year with Prosperity.
{Local: Al-Furat News} The electoral centers closed their door, on Saturday, after the expiration of their scheduled time at six in the afternoon.
The special voting process for provincial council elections ended after the scheduled time expired. It is noteworthy that polling stations in all governorates of Iraq opened their doors at seven o’clock in the morning on Saturday, December 16, 2023 to choose the members of the provincial councils.
Question: "Does this electric payment system have anything to do with the Iraqi dinar exchange rate?" Installing it is not going to make the exchange rate change but, what it does do is it will influence the exchange rate. There's a huge difference...How it does that is...if people all have an ATM card...then there's an increase in transactions...that will help influence the exchange rate. But just installing the payment system has nothing to do with the exchange rate...the exchange rate is not going to change because they put it in.
Question: "Can Iraq get into the World Trade Organization with the currency exchange rate of 1310 to 1 US dollar?" One of the key requirements for joining the WTO is establishing a convertible currency at a "realistic exchange rate"...the exchange rate of 1310 to 1 USD raises concerns about the convertibility and stability of Iraq's currency ...
There is no specific threshold for what constitutes a "realistic" exchange rate...It has to be a stable currency which means...Iraq must have a stable economy...When 95% of your budget is totally relied on oil sales that is not a stable economy. Iraq is going to have to build their private and public sectors...Can Iraq go into the World Trade Organization with an exchange rate of 1310 dinar? Yes...if the dinar is stable.
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Mod: We spend the first 45 minutes with CBD Gurus …then Mark with the latest news. ,
Member: Good Morning Mark and everyone! Welcome to the weekend.
Member: I am finally getting excited staying grounded but excited
MZ: That’s where I am at.
Member: I really feel that by Jan 1 we will all be happy.
MZ: From Iraq: “ Statement of the Iraq Economic Contact Group of the G&, European Union and World Bank” They had some phenomenal meetings over the week about the tremendous progress that they have made in Iraq. . This is coming from our own US embassy and consulate in Iraq. They talk about the budget and how it is “life changing” to Iraqis…..
MZ: Even more important is what is going on in the streets of Iraq in the last day. Sudani is explaining to the citizens that they need to pay attention to “valuations” . Excpecially in shopping and in stores. This is because they are strengthening the dinar.
MZ: They have been very upfront over the last couple of days that we are very close to the finish line for the Iraqi people. This is about all they can say without giving away to much. It is very exciting what we are hearing in Iraq.
MZ: The leaders are telling the people that they are about to have an imminent change coming to their valuations and to pay attention when they shop..
MZ: Most people believe they are setting us up for the next few days. I believe they may be accurate. Stay calm. I am sure the dinar boards will be exploding over the weekend with this news. It is coming from many different angles and directions.
Member: Militia Man - Fantastic pod cast ….He has a entire team . lraq leader receives praises G 7 for really bringing in experts to help handle the RV –
Member: Militia Man spoke to watch the 20th for news..
Member: Charlie Ward says his “feeling” is the banks will finish collapsing this weekend!
MZ: Warren Buffet dropped 33 billion in stocks….Bezos is dropping huge amounts…..Something massive is about to occur.
Member: Bank story: it's long bank story but I asked the right questions. I called 3 banks…the 3rd bank was a main bank…I asked if I should set up my account day of the big foreign exchange which we call the rv or wait until after…he said I could set it up the day of or I could come back and set it up….I told him the I know we have to do a quick in and out with our exchange so I wanted to make sure we could have enough time the day of if we needed to do it later……he said that it would be fine to come back after to set up…..so then I asked him if he thought we could exchange by end of next week…. he said yes he thought we could do it then.
Member: Woohoo and thanks for sharing.
Member: Please pray for Okie. He has fallen 6 times in the last 5 days
MZ: Yes….At seeds of wisdom they are trying to raise enough for another stem cell treatment. It helped him so much over a year ago when he had the last one.
Member: Prayers for okie that he gets the medical treatmenst he needs and makes it past the finish line with us all.
Member: Praying the med beds are real and released very soon.
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
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