Judy Note:There’s a lot happening out there, but we don’t know what. The greatest transfer of wealth the world has ever known was waiting to occur, but we don’t know when. They say massive arrests were going on, but we don’t know who, where or why. Some day we will understand the who, what, when, where, why and how of it all and be telling our posterity that we were a part of it. May we be grateful that we were the ones chosen.
Global Supply Chains Deteriorate As Malaysia Blocks All Israeli Vessels & Cargo From Using Its Ports!
Global Currency Reset:
On Fri. night 8 Dec. the GCR started to roll out when the Admiral in Reno gave the Green Light; Zurich went liquid on Sun. 10 Dec and Whales were being paid; the IMF released the GCR funds to all countries a week later on Sun. 17 Dec; the Iraqi Dinar was on the back screens of the Forex and was tradable; as of this week US banks had live rates on their bank screens; Sources say Tier4b has a 98% chance of beginning to exchange before Christmas.
Five days after RV begins the public will have access to Med Beds. Treatments are free, with children having critical medical conditions going first.
On Mon. 1 Jan. 2024 the new Quantum Financial System (QFS) and Global Currency Reset will officially launch on the new Star Link Satellite System for the general public of BRICS participating nation’s gold/ asset-backed currencies.
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.
Social Security increases of $2,000-$3,000 per month will begin in Jan. 2024. The R&R lump sum payments will begin for those 62 and older on 5 Jan. 2024 and beyond to the end of the month. Ages 30-50, 50-61 will have their R&R paid out monthly over two years time with the requisite that they keep their job, or get a job.
The Federal US Dollar will no longer be used after Feb. 20 2024.
Ali Al-Alaq: The Central Bank followed a plan that positively affected the dollar exchange rate and its stability
The Governor of the Central Bank, Ali Al-Alaq, announced on Friday that foreign trade financing will continue to be conducted in various foreign currencies, in addition to the US dollar. He further added that the banking sector’s adherence to compliance rules has strengthened Iraq’s financial position globally. He also mentioned that the US State Department and the International Monetary Fund have expressed their support for the International Bank’s compliance procedures, which have further strengthened the banking sector’s commitment to these rules.
... We can clearly see that Iraq is moving to the normalization of how to do business with other countries and moving out of the sanctioned way of doing business with the world. They are already doing INTERNATIONAL. It is happening right now...Folks, I can not emphasize enough just how good all this news is today. WOW, WOW WOW!
I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq.
I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice.
So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week.
...just recently Iraq now began broadcasting news in-country to the citizens that the dinar is an “issue of a homeland” in a real way...a patriotic video...is telling the people that the dinar is valuable and will revitalize the nation ...It DOES NOT say the dinar is going to be stronger than the dollar, but it does tell the citizens they should be very proud of their national currency and that it is very valuable. Valuable at 1/6 of a penny? ...something BIG is about to happen with the dinar...
As you know I try to talk to my Iraqi CBI contact each week on Wednesdays and sometimes also on Saturdays. My contact is a very god friend that I met when I was stationed in Iraq during the occupation timeframe. I trust what my contact says to me. Besides we are getting information first hand from an actual citizen living, working and experiencing everything happening in Iraq without bias or propaganda.
We began our conversation with talk about the disputes going on with the US forces and all the bombings. This is important I was told. Who is conducting the bombings and does the US forces have a right to protect themselves? It was confirmed to me that this is all a movement to rid Iraq once again of US forces. There is lots of propaganda being told to the people about this to get pressure on the government to rid them of the US.
Remember too, the Iranian militia has remained in Iraq post ISIS war. That was over 16 years already since the war ended (2007) and so many look at them now as Arabic, Moslum brothers compared to the western armed forces, at least this is what many Iranian Shia think. Remember there are patriotic Shia and then there are Iranian Shia. This is the middle eastern culture. But even the citizens are afraid (mostly Sunni) of what will happen if the US forces do pull out entirely again. Who will fill the gap this time as there will be a gap and the Iraqi forces are not strong enough yet. It is like a double-edged sword. You can’t have your cake and eat it too. So many Iraqi people are confused.
This time, if the US does pull out, it is widely felt by the average citizen the Iranian Hezbollah militia forces and not ISIS the citizens will fear the most. They walk the streets in their uniforms with arms. They claim they are still here to protect the Iraqi people from ISIS. Really? But, my contact says this is just an excuse to occupy Iraq and a contradiction. Like the US forces, but there are even more Iranians, they too are occupiers. My contact does not understand why the US does not challenge them as occupiers too and put this issue on the table with the government.
Then we changed the subject and talked about the currency reform. I asked about the impact of the confrontations with the US over their military stationed in Iraq. I was told the situation it does impact the progress of the planned events for December as the committee was brought into a meeting with the leadership and told everything was now “on hold”. I know, I know I too was a bit shocked at the news and did not like it. But I know for a fact that January is the best and most opportune time to revalue and drastically change the program rate to an international rate on the global exchanges. But the program rate is already on a pseudo-float within the country.
I asked what the next targeted steps where and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed an should be done this week ending. This lines us up for next week to begin the currency sway out, but they told me it is delayed until further notice. So, at least we now have a timeline when they did plan it and still could do it based on what happens with the US bombing issue. My contact did reiterate that the process now is irreversible” and must go forward. The US had already given assurances they would not back out if the CBI moved ahead. So all I can say is let’s sit tight and watch what does happen in the coming week.
Using national currency needed for respecting state sovereignty, says Iraqi PM advisor
ERBIL, Kurdistan Region - The financial advisor to Iraq’s prime minister on Wednesday stressed the need for all internal transactions to be conducted using the Iraqi dinar, telling Rudaw that using anything other than the national currency is a disrespect to the state’s sovereignty. The Iraqi dinar has been losing value against the US dollar for several months, leading to a surge in prices of basic goods and consequent outcry from the Iraqi public. The depreciation has been attributed to the smuggling of dollars out of Iraq, mainly to neighboring Iran. The Iraqi government has for months been trying to control the fluctuations in the exchange rate between the dinar and the US dollar. The value of one dollar currently sits at around 1,530 dinars in the currency markets of Iraq and the Kurdistan Region, which is significantly higher than the value set out in the federal budget. “One of the requirements for any country to respect its sovereignty is that there should not be two currencies within the economy,” Mudher Mohammed Saleh, the financial advisor to Iraqi Prime Minister Mohammed Shia’ al-Sudani, told Rudaw. “The purpose of foreign currency is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation,” he added. The Central Bank of Iraq (CBI) in September announced that all the transactions inside Iraq would be made using Iraqi dinars starting in 2024. The advisor stressed that all internal transactions, including the payment of financial entitlements and salaries, need to be made using the Iraqi dinar, while external transactions can be carried out using foreign currencies at their specified exchange rates.
The 2023, 2024, and 2025 Iraqi federal budget, passed in June, set the exchange rate of $1 to 1,320 Iraqi dinars. The ongoing smuggling has prevented the suggested value from being reached. “The exchange rate will be fixed, especially since it has been fixed in the federal budget law for three years,” said Saleh. The discrepancy between the dinar value set in the budget and the exchange markets has compounded the economic woes of citizens, who typically receive their salaries in dinars but are forced to deal with more expensive prices due to the devaluation of the currency on the black market. The US in July banned transactions with 14 Iraqi banks for allegedly violating its rules. The move further dropped the value of the Iraqi currency. ink
The facts are the facts. If they delete the dollar, if they take off the dollar from the markets in Iraq, they're going to have to come out with a small category of dinar. That's it. Why? Because it's too much dinars to carry...I'm not going to cary 150,000 dinars in my pockets. I'm not going to do that. I prefer to have $100 than 150,000.
Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq.
Everybody's asking me what's going on. What's the news. The news, you will see it on the 1st of January - what exactly is going on. They already gave you a date. I told you the 1st of January we'll be out of the dollar. We will not work with the dollar anymore in Iraq.