Coffee with MarkZ. 12/12/2023

Tuesday Morning Pre-Recorded News with MarkZ 

Some highlights by PDK-Not verbatim

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:  MEMBERS, PLEASE REMEMBER THIS IS A PRERECORDED MESSAGE FOR TODAY BY MARKZ, JFYI

MZ: Rumble was down this morning so the stream will not be there.

MZ: Good Morning. I was sure hoping for more news than we have. As you watch this I am probably sitting at the airport.

MZ: It was quiet overnight but, we continue to get reports of funding of groups but nothing distributed yet. 

MZ: There is nothing negative. Some folks are still thinking it will happen mid-month while others think it will be the first of January. Either way –there is nothing negative right now. In fact everything is very positive. 

MZ: Mr. Cottrell has not been paid yet. 

MZ: If there is any more news I will try to pop back on and let you know. Be safe. See everyone live tomorrow morning. 

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Banks Rally behind Foreign Exchange Market Reforms to Prevent Currency Devaluation, 12 DEC

 Banks Rally behind Foreign Exchange Market Reforms to Prevent Currency Devaluation, 12 DEC

In an effort to stave off possible devaluation of the local currency, the banking sector has made a resounding commitment to back all foreign exchange market reforms. This pledge was announced by the president of the Association of Banks and Financial Entities (Abef) during the closing of the ‘week of the banker’.

Triple-digit Inflation and the Lure of the US Dollar

Argentina’s economy is grappling with the impact of triple-digit inflation, leading to a surge in the appeal of US dollars. This is a direct result of the peso’s significant depreciation. Some have proposed the abandonment of the peso in favor of the US dollar as the official currency, a suggestion that has been met with mixed reception.

Rising Inflation and Exchange Rate Pressure in Bangladesh

The high non-performing loan (NPL) situation in Bangladesh’s banking sector is cause for concern. Measures have been taken by the central bank to address this issue, including amendments to the Bank Company Act, 1991, which have raised economists’ eyebrows. Escalating NPLs pose a threat to the banking sector, risking capital erosion and tarnishing bank reputations. The situation is further exacerbated by inflation and exchange rate pressure.

Non-Performing Loans (NPLs) Weighing on Banks

Humaira Azam, the managing director of Trust Bank Limited, has voiced concerns over the ineffective measures addressing the high growth of NPLs. A variety of factors contribute to the persistence of NPLs, such as non-cooperation from borrowers, fund transfers, challenges in assessing collateral security, and a lenient loan rescheduling policy. Azam highlighted the need for efficient supervision and monitoring of advances from pre-disbursement to recovery, ensuring proper fund utilization.

The Impact of Devaluation on Iraq’s Economy

The Central Bank of Iraq has devalued the national currency against the US dollar by almost 20 percent in response to the financial crisis triggered by low oil prices amid the coronavirus pandemic. This move has sparked public outrage, with concerns that it will exacerbate the economic difficulties faced by Iraqi civilians.

Risks and Implications of Currency Devaluation

The article also discusses the risks and implications of currency devaluation, drawing on examples such as the hyperinflation in Zimbabwe and the US Federal Reserve’s response to the pandemic. The US dollar’s status as the global currency and its influence over global trade and multilateral institutions are highlighted as key factors in the ability of the US to print money and raise the debt ceiling, while developing nations struggle with inflation and debt.

https://bnnbreaking.com/breaking-news/economy/banks-rally-behind-foreign-exchange-market-reforms-to-prevent-currency-devaluation/

"TELEGRAM POST" BY WOLVERINE, 12 DEC

 Bearded PatriotUSA

Telegram post
12/11/23

Forwarded from Wolverine:

10-12-2023

I just had a meeting with two friends who work within the payment program.

Summary:

1- Nothing is left in the hands of the managers.

2- Everything is now in the payment phase through authorized banks.

3- Since yesterday, very important changes and adaptations have been made to make everything more precise, faster and safer.

4- All the escrow accounts of all the people who will receive have already been opened.

These are accounts that no administrator has access to.

Only the account holder will be able to access it.

5- An Escrow account is as if each person owned a private bank, since it works as a financial platform. (People usually don’t know what this is like yet and will need to learn.

However, it is simple and easy and you can do it using your cell phone or computer at home.

6- Now the phase of sending the CALLS to all the people called planned or contributed will begin.

This will be done via email and SMS.

This is an appointment for the person to appear at a specific bank branch to speak with the manager.

There he will sign contracts, receive a credit card and can download a certain amount to his usual account for immediate use in a conventional way.

Finally, you will receive all the instructions on what you can or cannot do with your securities.

7- All this will happen from now on.

8- But everything will be done in the utmost secrecy, if the person starts to talk, to tell, especially through social networks, whoever it is, their values ​​will be blocked with no possibility of reversing the process.

For now, that’s basically it. In reality, everything is published, the World Bank codes are received and entered into the system.

So we can say IT’S REALLY OVER!!!

Now it’s just a matter of a little more patience and that’s it.

By: Pedro S. Cru.

Now you can open your champagne, change your life drastically, and prepare to help your neighbor.

JUST REMEMBER THAT ALL THIS IS NOT BUSINESS, *IT IS A 100% HUMANITARIAN PROJECT!*

Let’s go!

Iraq Dinar - Fix to the Global Financial System BY MILITIAMAN

Coffee with MarkZ. 12/12/2023

"RV UPDATE" BY WOLVERINE, 12 DEC

  Wolverine By Pedro S. Cru.

 I just had a meeting with two friends who work within the payment program. 1- Nothing is left in the hands of the managers.  2- Everything is now in the payment phase through authorized banks. 3- Since yesterday, very important changes and adaptations have been made to make everything more precise, faster and safer. 4- All the escrow accounts of all the people who will receive have already been opened. 

These are accounts that no administrator has access to. Only the account holder will be able to access it. 5- An Escrow account is as if each person owned a private bank, since it works as a financial platform. (People usually don’t know what this is like yet and will need to learn. However, it is simple and easy and you can do it using your cell phone or computer at home). 6- Now the phase of sending the CALLS to all the people called planned or contributed will begin. This will be done via email and SMS. 

This is an appointment for the person to appear at a specific bank branch to speak with the manager. There he will sign contracts, receive a credit card and can download a certain amount to his usual account for immediate use in a conventional way. Finally, you will receive all the instructions on what you can or cannot do with your securities. 7- All this will happen from now on. 8- But everything will be done in the utmost secrecy, if the person starts to talk, to tell, especially through social networks, whoever it is, their values   will be blocked with no possibility of reversing the process. For now, that’s basically it. 
In reality, everything is published; the World Bank codes have been received and entered into the system. So we can say IT’S REALLY OVER!!! Now it’s just a matter of a little more patience and that’s it. Now you can open your champagne, change your life drastically, and prepare to help your neighbor. JUST REMEMBER THAT ALL THIS IS NOT BUSINESS, IT IS A 100% HUMANITARIAN PROJECT! Let’s go! May the CONSCIOUSNESS OF LIGHT BE WITH EVERYONE!!!

 “I just received a call and Zurich has gone liquid. A lot of things are happening, especially with the Admiral. … It started Fri. night 8 Dec. and it’s rolling out. A huge platform that has more than 1 MIL members will start on Mon. 11 Dec. and be paid by the end of this year. The big meeting in Dubai is finished now – everything is ready. Iraq is ready. They should be ready to celebrate. Then so should we. My Whale said it all looks good, everything is moving. By Mon. 11 Dec. they will be celebrating in Iraq and it is my opinion that so should we.”

"RV UPDATE" BY FRANK26, 12 DEC

 Frank26 

  Question:  "Is there a bank in the US to keep dinars deposited in dinars?"  No.  Not even the satellite banks that will represent the CBI because they will be under American banking laws.  Which means they will have to convert it into American dollars.  That's what they want to do because they will take your dinars and send it back to the CBI.  If you go to Chase,  Huntington Bank, whatever American bank, those dinars go to our US reserves.

We're at the stage now where there's no need to look for anything.  There's a need to watch everything that's coming out.  Everything that's going to be coming out is the ambrosia of our study, the reward of our years of studying together.  

There's only one thing left on the CBI's and Sudani's part of the monetary reform...bring out the new exchange rate and the new national currency that belongs to the Iraqi citizens and to their future.  That' the one thing that's left.  

  There is no more guessing.  The World Bank has just told the whole world Iraq is about to raise the value of its currency.

Question: "How long will we have to exchange IYO?"  The American dollar 3-zero notes are still legal tender.  They're from the turn of last century!  We still have 3-zero notes...and they've never been expired.   But in this case it's different.  IMO I think they'll probably give you within a year.  Therefore it could be a year, six months, 3 months ...

Of course they [the banks] are going to verify it [your dinars upon exchange].  I love when people say, 'Hey Frank I need my Certificate of Authenticity...So I can give it to the guy at the bank to prove this is real dinars.'  Who told you that?  'The guy that sold me the dinars...'When you take your dinars to a bank they are not going to say let me see your certificate of authenticity.  They will tell you if they are real or not.

  The CBI meetings are in Dubai right now...they are coming to a conclusion.  Were the CBI meetings discussing, should we use this rate, should we do this, this this, that?  No.  What they were discussing is, 'Are we going to release it on this date at this rate and this is what we have to do and this, this, this and this.'  Okay!  Now these meetings IMO are coming to a conclusion.  Yeah, they are working a few things but it's over and done with.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-frank26-11-dec.html