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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Romanowski [US Ambassador to Iraq] had her G7 meeting...She's taken photo op with the G7 supporting the reforms of Iraq. That's powerful stuff.
Article quote: "...during the coming year the Iraq economic contact group will further cooperation to support the development of the economic and financial sector in Iraq including prime minister Al-Sudani's policies to enhance the value of the dinar...This is a clear announcement of the new policies regarding the dinar during the transitional period..." That's a drop the mic you guys. Phenomenal...In other words if you're going to enhance the value of the dinar something is going to change.
Article "STATEMENT OF THE IRAQ ECONOMIC CONTACT GROUP OF THE G7, EUROPEAN UNION AND WORLD BANK" This is the road map they have been using to show the world their intentions.
They have every intention to see Iraq succeed and get back into the international arena and into her rightful place in the international financial system! We can see by the evidence over the last few months that support they are getting down to the wire...
Iraq is presenting that they're going international and they have been talking about it for a long period of time.
They've actually doing it for a long period of time and they're coming to fruition to where they've publicly told us they were going to start spending money and that could be as soon as around the 20th. Then you have the end of the year dinar only. They have the taxation in dinar on the same time frame. These little bits and pieces they feed us, their time frames, we put it together...and we'll see how they roll out in the coming days. It's a phenomenal process...
The dollar is going away between now and the 20th for commercial purposes. It will not be used as of the same data for taxation in the country... Will they still be able to buy dollars to travel. ..? Yes. Will they be able to use the dollar for transactions in country for commercial purposes?Answer, No. Will they be able to use any other currency other than the dinar for commercial purposes within the country as of January 1, 2024? ...the answer is no... Standby for this to get really exciting because everything we're seeing is telling me that we've never been here before...
Article: "Samsung: Iraq represents the most prominent market in the Middle East" The Iraqi markets are going to explode. Samsung is going to be there all along the way. They will not be alone be sure. Having an early start is a big deal...Iraq's private sector is going to be on fire.
Al Sudani has established a "Unique private sector development council..." ...Giving credibility to the private sector is getting ready to explode. It's going to be phenomenal.
If the Finance Minister needs to work to the end of the year to make sure that everything's sorted and ready to go and do it right and do it properly so the Iraqi citizens get what they deserve which is purchasing power.I think it's a phenomenal situation. I think everybody can clearly see...they're doing it and it's coming to fruition...
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, confirmed on Saturday that no violations have been noted in the special vote until this moment. “As of this point, there have been no violations within the electoral process taking place within the private vote,” Major General Rasoul said at a press conference.
He added that “the Commander-in-Chief of the Armed Forces, attended the morning to the Joint Operations Command, held a meeting with the Minister of Interior, Deputy Commander of Joint Operations and other agencies, and was briefed on the progress of the electoral process within the special ballot, and issued his directives to complete the special ballot.” He pointed to “the presence of flow and rush by the security services to go to polling stations and elect members of provincial councils,” noting “what was directed by the Commander-in-Chief of the Armed Forces, to ensure the freedom of affiliates to cast their votes and choose those they deem appropriate within the special ballot process.” He pointed out that “the members of the security services continue with special balloting until the end of the specified timings,” stressing that “citizens are happy and confirm that the day of the general polling on Monday, they will go out with this electoral wedding to elect those who they deem appropriate.” He expected that “next Monday will witness an electoral wedding, a large presence and delegation of citizens to cast their votes,” calling on all citizens to “go intensively and actively participate in local elections, which will reflect positively on the situation in general, and will have a positive role in the upcoming parliamentary elections.”
Judy Note: What We Think We Know as of Sat. 15 Dec. 2023:
On Mon. 1 Jan. 2024 the new Quantum Financial System (QFS) and Global Currency Reset will officially launch for BRICS participating nation’s gold/asset-backed currencies on the Star Link Satellite System.
On that same Mon. 1 Jan. 2024 the BRICS Gold/Asset-backed XRP Digital Currency would officially be considered the Global Standard for international trade, with all participating nations’ currencies trading at a 1:1 with each other.
Bank Accounts of The People of all participating BRICS Nations have been mirrored onto the QFS. The People will gain access to their accounts by going to an official Redemption Center to obtain cards, phones and computers that work on this fully secure system that will only allow the owner of the account to have access.
The Iraqi Dinar, Kingpin of the Global Currency Reset, revalued in-country some time ago; has been trading on the back screens of the Forex for weeks and exchanging the new Iraqi Dinar rate at a 1:1 with several countries currencies in their exports and imports.
On Wed. 6 Dec. 2023 the fiat US Petro Dollar was officially removed from the trade of OPEC Oil. Over 130 countries including OPEC members no longer would use the fiat US Dollar for oil and gas purchases, challenging the long standing dominance of the US Dollar as the basis for international trade.
Article: "A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK"
Quote: "During the coming year, the Iraq Economic Contact Group welcomes further cooperation to support the development of the economic and financial sector in Iraq, including Prime Minister Muhammad Shia al-Sudani’s policies to enhance the value of the dinar and oversee monetary policy. A clear announcement of the new policies regarding the dinar during the transitional period..." WHEN IS THE TRANSITIONAL PERIOD?... STARTS DEC. 20TH FOR 5 DAYS.
Question: "Are we at the point in this journey where the rate could be changed at any time?" Yes.
The monetary reform is not a secret and the Venturi effect of the monetary reform is causing so much pressure with so little time left to accomplish what they need to accomplish. What do they need to accomplish? They need to help their citizens of Iraq, to add value to their currency...
