Friday, January 19, 2024
"RV UPDATE" BY MARKZ & MILITIAMAN, 19 JAN
Militia Man & MarkZ
[via PDK]
Militia Man: Economic experts in Iraq are talking about using a basket of currencies. They are talking using other currencies and for the dinar to compete with the value of the dollar.
MarkZ: When you said Iraq plans to compete with the US dollar- They cannot compete with the USD at 1 dollar buying 1310 dinar.
Militia Man: I just read that the basket of currencies with the Euro, the Chinese yuan, and the UAE durham will be used to value the Iraqi dinar in the way that competes with the US dollar. That is the quote.
MarkZ: That is telling.
MarkZ: There is no future for them without an improved exchange rate...
Militia Man: If they have a REER (Real Effective Exchange Rate) based on true values…from oil, natural gas, borders, tourism, taxes and tariffs…it’s going to be phenomenal…and that is what they are working on. I think everyone should be excited as we are watching it unfold. We should all have confidence that what we are invested in is coming to fruition. That is my belief…everything is very positive.
Question: What happens if they just print new notes and the dinar we hold are not good anymore?
MarkZ: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though.
Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen.
We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-markz-militiaman-6-jan.html
Question: What happens if they just print new notes and the dinar we hold are not good anymore?
MarkZ: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though.
Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…
The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions.
Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-markz-militiaman-4-jan.html
Evening News with MarkZ. 01/18/2024
The Sudanese concludes his visit to Switzerland and returns to Baghdad, 19 JAN
The Sudanese concludes his visit to Switzerland and returns to Baghdad
Prime Minister Mohammed Shia Al-Sudani returned to the capital Baghdad after the conclusion of his participation in the Davos Economic Forum 2024, in its 54th session, in Switzerland.
Al-Sudani participated in the dialogue session within the work of the forum, which was moderated by the editor-in-chief of the journalist (Politico) news site John Harris, and held on its sidelines a series of meetings and meetings, which are the following:
■ Meeting with French President Emmanuel Macron
■ Meeting of the President of the Swiss Confederation Viola Amherd
■ Meeting of the Secretary-General of the United Nations Antonio Guterres
■ Meeting of the Secretary-General of the North Atlantic Treaty Organization (NATO)
■ Meeting the US National Security Advisor
■ Meeting with the President of the World Bank Group
■ Meeting with the Director General of the International Monetary Fund
■ Meeting with the President of the European Commission
■ Meeting of the President of the European Bank for Reconstruction and Development (EBRD)
■ Meeting of the Saudi trade and investment ministers
■ Meeting of the delegation of the International Finance Corporation (IFC)
■ JPMorgan Regional CEO Meeting
■ Meeting of the Secretary-General of the Digital Cooperation Organization
■ Meeting with the President of HKN Energy Oil Company
■ A working meeting with 57 international companies specialized in oil, energy and other economic fields
■ Meeting with Bloomberg website
■ Interview with The Wall Street Journal
https://alforatnews.iq/news/السوداني-يختتم-زيارته-الى-سويسرا-ويعود-الى-بغداد
"ATTENTION IRAQI CITIZENS... MORE OF YOUR MONETARY REFORM EDUCATION!!!" BY FRANK26, 19 JAN
KTFA:
Frank26: "ATTENTION IRAQI CITIZENS... MORE OF YOUR MONETARY REFORM EDUCATION!!!"......F26
Clare: An economic expert calls for using a basket of currencies to evaluate the Iraqi dinar
1/17/2024
Economic affairs expert, Raad Tawij, called today, Wednesday, for the use of a basket of currencies, whether the euro, the Chinese yuan, or the UAE dirham, in valuing the Iraqi dinar in a way that competes with its valuation in the dollar.
Tawij said in a statement to the National Iraqi News Agency ( NINA ): “As a result of the high competitiveness of the Iraqi economy in the field of monetary and commodity use in its trade exchange with other countries, and as a result of its use of the dollar at a rate of 95% within the framework of the Iraqi electronic platform and for the most diverse monetary exchange and to prevent the monopoly of a country’s currency.”
One on the platform, so a basket of currencies, whether the euro, the Chinese yuan, or the UAE dirham, must be used to value the Iraqi dinar in a way that competes with its value in the dollar.”
He stressed, "Allowing users of this basket of currencies to use the electronic platform will contribute to creating monetary balance and addressing any deficit in other currencies." LINK
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