"EXPLAINING THE IMPORTANT NEWS OF IRAQ" BY MNT GOAT, 29 FEB
THE THIRD ARTICLE:
So, having said all this the third article backs up what I just said about the second article about how important electronic payments is to reducing the monetary mass, thus making the project to delete the zeros possible which contradicts what is said in the second article.
I quote from the article – “The Director of the Operations and Settlements Department at the Department of Information Technology and Payments, Zaid Humaid Rashid, said in a statement followed by the “Economy News” agency, that “electronic payment” will reduce the printing of paper currency as well as the strategic benefits of the country in general and the citizen in particular.”
They call the large three zeros notes “fiat currency” since it was expected to only be a temporary currency to help prevent hyper- inflation (which it did) as a result of the ten year embargo and wars. But it was not expected to continue this long, which we can see now that this is causing many of Iraq’s problems either directly or indirectly and it is time to end it.
In the second article by former MP, Ahmed Hama Rashid, he disputes the claims of why today is said not to be appropriate for conducting the project to delete the zeros. I just wanted to tie all these articles together for you, to analyze them and connect them to the news we heard earlier about ending the electronic platform thus the currency auctions. Folks, something is up and it is really BIG and is going to happen SOON. It is brewing and it is going to smack us all at once in a series of events, like announcing the full accession to the WTO, then the Project to Delete the zeros and then we will see the new rate pop out on FOREX. Wammo! Then what?
Let’s not also lose sight of some really major political events that are about to happen that will turn around and change the nation from this disgusting madness we have seen in the last three years in America. It too is all coming to a head and these political events in America will coincide with the events in Iraq. Just watch and let them all play out. But most importantly PRAY, PRAY and PRAY! The Glory of God is going to bring the long-awaited Abundance and Prosperity to the world.
Think, think and think some more! How can there be this much chatter about these important topics, important to us, unless they are now working diligently on it and getting ready to do it. These events are what we have been waiting so long for. Get it? These are signs or benchmarks for us to map back to the Dr Shabibi 2011 plan that gives us reassurance the plan is being executed and where they are in the plan. I have to tell you we are nearing the end of the plan very quickly now.
This reminds me when I was in the intelligence Corps of the U.S. Army. We learned to intercept the enemy communications. To know the enemy’s plans allows you to adjust your thinking and to make your own plans accordingly. For our investment this is the time to get ready for this event. There is a wise saying in the military – “Better to be ready than to have to get ready” and scramble later. For those of you with large investments, are you actually ready? Do you have a plan written down, step by step of what to do once you leave the bank?
The Iraqi Minister of Trade, Atheer Al-Ghurairi, affirmed that Iraq fulfilled the conditions necessary to become a member of the World Trade Organization (WTO) following the completion of economic reforms and the enhancement of the investment climate.
Al-Ghurairi told the Emirates News Agency (WAM) that Baghdad finalized issues related to goods and services in accordance with the deadlines set for integration into the international trade system.
The remarks of the Iraqi Trade Minister took place during his participation in the 13th Ministerial Conference of the WTO held in the UAE capital, Abu Dhabi.
The Iraqi government expressed interest in joining the WTO after submitting a request to do so in 2004. Iraq needed to be a member of the multilateral international trade system in order to regain its place as a major player in the global economy.
Al-Ghurairi mentioned that an Arab-level gathering would be held to hear about their experiences prior to joining the organization and how to take advantage of its benefits.
In addition to debating the future of the global trade movement in light of current challenges, Al-Ghurairi said that the conference sends a strong message to the countries of the world about the value of joining this organization.
The Iraqi official added that Iraq is attempting to expand its commercial and economic connections around the world in order to create new opportunities for collaboration. LINK
"EXPLAINING THE IMPORTANT NEWS OF IRAQ" BY MNT GOAT, 29 FEB
THE SECOND ARTICLE:
The second article is from an interview with a former MP, Ahmed Hama Rashid, who said on Sunday and I quote – “that deleting the zeros or printing a new currency costs the Iraqi treasury huge amounts of money, and this process is not appropriate at the present time, as the Iraqi economy is in a stage of contraction, and the Iraqi dinar is shaky against the US dollar and other currencies. Any increase in this amount will lead to monetary inflation that will reflect negatively on the purchasing value of the Iraqi dinar.”
I believe this article has very little credibility and if we investigate former MP, Ahmed Hama Rashid we find that he is an Iranian Shiite and sympathizer, exactly the kind of politician we don’t want in the Iraqi parliament. Why do I feel like he is not a creditable source for information?
I feel this way because Iran wants to keep Iraq just where it is. The funneling of the US Dollars to Iran is their goose that lays the golden eggs. Next the information in the article is not accurate as he states the process is not appropriate at the present time but does not realize that by not completing the project in the past is part of the root cause of the problems they are now having with the dinar.
Next I quote from the article – “considering that each new denomination of paper costs the state treasury about 6 cents, and currently more than 95 trillion dinars are printed, and this is the total size of the monetary mass, as for the trading volume” He does state that any increase in the amount (meaning increase in the amount of currency in circulation) will lead to inflation. However, the CBI has told us they do not intend to issue the newer lower denominations equivalent to replace all of the trillions of 3 zero notes dinars now in circulation, but to reduce the monetary mass significantly (almost in half) as a result of this project, which is ONLY possible through the electronic banking reforms. So this is connection to electronic banking. Get it? Funny how yet another separate article from today’s news contradicts former MP, Ahmed Hama Rashidand again and tells us and I quote from it – “about the disappearance of 1.2 trillion dinars.. The Iraqi printed currency declined as the third largest decline recorded in 20 years”. So, it appears the CBI has already done much work to accomplish shrinking the monetary mass. So, what’s former MP, Ahmed Hama Rashid point? He is just complaining and as I said he objects to doing what is right to end the corruption in Iraq because he is part of it.
Next I quote again – Rashid told “Jarida”, “Deleting the zeros or printing a new currency costs the Iraqi treasury very large sums of money” In a recent past article the CBI told us that printing the newer lower denominations would cost a mere millions of dollars not billions and we know that the reserves at over $115 billion and are more than sufficient to allow it. So, this nonsense about cost is just that – nonsensical, ignorant talk. There is not a better time than now to conduct the project to delete the zeros.
Iraqi President Rashid Engages Italian Minister Crosetto to Boost Iraq-Italy Security, Environmental Ties
During a significant meeting in Baghdad, Iraqi President Latif Rashid and Italian Defense Minister Guido Crosetto, flanked by Italian Ambassador Maurizio Greganti, deliberated on fortifying the Iraq-Italy alliance. This gathering underscored a mutual interest in advancing security cooperation and leveraging Italian technological prowess, particularly in water management and environmental protection.
Strengthening Bilateral Relations
The discussions between Iraqi and Italian officials were rooted in a shared vision of deepening friendship ties and enhancing collaborative efforts. President Rashid emphasized Iraq's journey from conflict to a state of stability and security, outlining the nation's aspirations to harness Italian expertise in addressing critical environmental and water-related challenges. The conversation also touched upon the potential establishment of a trade and economy council, aiming to facilitate broader cooperation between the two nations.
Focus on Security and Environmental Cooperation
Minister Crosetto reaffirmed Italy's commitment to supporting Iraq, highlighting the importance of security and intelligence collaboration. The talks extended to environmental concerns, with a particular focus on the water sector, and explored avenues for industrial cooperation. Both sides expressed a keen interest in developing frameworks that would not only bolster their bilateral relationship but also contribute to regional stability and prosperity.
Implications for Iraq-Italy Partnership
This meeting marks a pivotal moment in Iraq-Italy relations, setting the stage for enhanced bilateral cooperation across various sectors. By focusing on security, environmental, and industrial collaboration, Iraq and Italy are laying the groundwork for a partnership that promises to yield significant benefits for both countries. The potential formation of a trade and economy council further underscores the commitment of both nations to explore new horizons of cooperation, fostering a closer relationship in the years to come.
In explaining this first article I want to read the headlines. It says and I quote – “Does deleting the currency’s zeros affect its value? an economist explains”. So why is this such WOW! news today? I have to point out two things to explain. First, I called my CBI contact on my usual Saturday call to Iraq and I was told to expect the Project to delete the Zeros to occur very soon. WOW! WOW! WOW! Then, on Sunday out pops this article, then another and on Monday yet another all dealing with the Project to Delete the Zeros- coincidental? WOW! WOW! WOW! I don’t think so.
So, I have to sit back and think. I have to ask if these articles are confirmation that the CBI is about to conduct the Project to Delete the Zeros. Why would the CBI, economists and Parliamentary members all be discussing it so much if it was not center on their minds for some reason. I like it when I am told something from my contact in Iraq and then I see it playing out real soon. This time VERY soon. WOW!
Remember also we know, because the GOI and the CBI told us that they intend to work together on this project and solve the monetary problem in Iraq.
Next, I have to ask – why now? Why is this economist even talking about this project if it was not near and they are planning it in the CBI right now? It is now on the radar scope for the CBI for the very near future?
Let’s go read the rest of the article:
I want everyone to know that all the information in this article today is yet another confirmation that Mnt Goat is not lying to you or just making up intel. So, what does it say?
Remember how many times did I tell my readers that to conduct the switch out of the dinar will not effect the value. Also remember I kept defining the difference between RATE and VALUE. I told you the value is in the dinar already but not reflected yet in the rate. There is no need to increase the value if the TRUE value is being suppressed by the 3 zero rate. Get it? So today Economic expert, Durgham Muhammad, said to the citizens and I quote – “that deleting the currency’s zeros does not conflict with its value” Okay, so “I told you so” and we all know the rate is being artificially suppressed. All I can say now is ”I told you so”, ”I told you so” and ”I told you so”,. No lies, No rumors, No Opinions, Just the Facts.
Example: If one 1 IQD = 0.000763 USD (current CBI official rate or 1320 dinars = 1 US dollar)
Then a 25,000 IQD notes is valued at $19 USD. Right?
0.000763 x 25,000 = $19
Now, if they conduct the Project to Delete the Zeros and initially first go close to 1:1 with the US Dollar, in-country, as the CBI told us they wanted to do, thus the issue with solving first the parallel market rates, then the newer lower denomination of the 25 dinar note (in our example) would have a value of $25 or somewhere around it. Yes, around 1:1. How close they get to 1:1 depends on how they can control the stability of the parallel black market. But I am told the CBI needs to get over a dollar so the citizens will use the dinar instead of the dollar since it is worth more. Also remember that when they do conduct these monetary moves, the reinstatement is just around the corner…. š No this is all still in-country ONLY!
I think that the old value of $19 is very close to $25, don’t you think?. Close enough even to say that deleting the zeros will not conflict with its value as said in the article since as I have been saying the value of the dinar does not change, it always has been there. They just suppress it through the larger three zero notes. But yes, there is a possibility that there may be some inflation and so they told us they needed to monitor for it for a period of time for inflation. Have I not been also telling you this too is part of the 2011 Dr Shabibi plan?
Once the 3 zeros are dropped, (not lopped) the only thing that will change by the Project to Delete the Zeros, is the realization of the TRUE value through its currency. So instead of .000763 it would read .76 cents. .76 x 25 = $19. Yes, still $19, get it? But we know the CBI told us they will be doing at least one more “program” rate change to get it closer to 1.00 than .76. So, if they did it, the rate might look like this 1.00 x 25 = $25 or maybe 1.25 x 25 = $31.25 (just for my examples).
In the article, Durgham Muhammad then goes on to explain what needs to be taken before resorting to this step, meaning the step of switching out the 3 zero notes for the newer lower denominations. He says and I quote again – “but this step needs educational campaigns to precede it,” Oh… but many of the intel gurus told you this was already completed. Really? Seems these idiot intel gurus have no clue what Durgham Muhammad is talking about. Why would Durgham Muhammad tell us it still needs to be completed if it already was completed as many of the idiot intel gurus told you? I will tell you why – IT IS BECAUSE THESE IDIOT INTEL GURUS LIE TO YOU!
But we all should know that it is required AND this educational campaign is not yet completed. My CBI contact even tells me it is still something they have been working on and have even developed news articles for press releases on this topic. You too should now know the CBI plan, as I explained it to you many times and in detail in one of recent Newsletters. Did you read it? All I can say now is ”I told you so”. No lies, No rumors, No Opinions, Just the Facts. Trust in the plan and watch for the execution of the plan.
Then in the past I also told you that when the CBI does conduct the project to delete the zeros they will need a short period of time to monitor for inflation. Did I not say this? I said this period could be short or longer depending on the results of the project. So, what does Durgham Muhammad tell us today and I quote – “and a transitional period for trading the currency with its zeros and the new currency to know that the two currencies are equal in value.” Again “I told you so”.
He stressed, “Printing new denominations must be proportional to the market’s need to cover daily trading, provided that there is no significant increase in the monetary supply in the market so that inflation does not occur.” All I can say now is ”I told you so”. No lies, No rumors, No Opinions, Just the Facts
So, you see folks I am not lying to you. I know what the hell I am talking about. I have the CBI plan of 2011 right here in front of me. Let’s not rush the plan and just follow the news as it plays out. The reinstatement is going to happen only not yet. They are heading in that direction, and it won’t be long.
I am following the 2011 Dr Shabibi and this article seems like economist Durgham Muhammad has also read it and knows it very well. Get it? You too now have the plan as I have gone over it many times with you. So why do these intel gurus keep telling you it’s going to RV this or that weekend? How can it since this part of the plan must first be fulfilled.
Really folks, I have no clue as to why these idiot gurus find a need to lie to you. This newest information from this marketer/scammer TNT Tony Renfrow has got all of his gang on pins and needles once again expecting the RV by the end of February. Really? Didn’t he tell his listeners definitely by the end of June, that turned into July, then August, then September, then by the end of October, then by the end of December…well you get my point. It’s an RV roller coaster you would rather not be on…trust me! But why even do this to his listeners when the FACTS say otherwise. Don’t’ they even care about the facts or are they just WOKE and live in this imaginary world of twisted science and reality? Is this what the world has gotten to – a bunch of brain-dead idiots?