Sources, including those in Iraq, say that the RV has officially started, (announced in Iraq Thurs. 29 Feb. at around 7pm EST). That is 1000 percent correct. Brazil has started with liquidity and those funds should be released tomorrow Sat. 2 March.
We are receiving good news from various platforms as well! We should cross the finish line today Fri. 1 March or tomorrow Sat. 1 March.
Most of your have waited for many years, and soon, I will release that opera.
I wanted to tell you that all this is real, so you can remain calm. When we get the Green Light, all the hate from those spewing hate will stop. That is all I have to say to you guys. We are nearly there! God Bless you All!
Wall Street is telling us that the demand for Bitcoin is greater than it’s supply. When demand is greater than supply, prices rise.
This will affect many other assets in the crypto currency space. As you can see, liquidity is coming into the new digital economy as it’s being formed.
Prices are beginning to change because of it. Movement of money and use case scenarios are expected to grow from here in the new digital economy. The first RV.
Remember, we spoke of two RVs. When the digital economy is solidified, payment systems on the local level will begin to signal new changes are needed. This is when we will see the paper currency begin to form new price patterns.
If Iraq is ever going to raise the value of the dinar they need to do it gradually over time so they can reduce the money supply. As well, a gradual increase reflects the economic growth of the economy.
I remind people again Iraq's entire net worth including all minerals in the ground including oil is only worth about $16 trillion dollars. With over 100 trillion dinar in circulation Iraq could never RV the dinar! Only with the success and growth of Iraq's economy and private-sector can the dinar go up in value. It could go up gradually over time as Iraq's GDP increases.
I still have significant concern over Iraq wanting to redenominate (LOP) their currency. There are numerous educational symposiums teaching the citizens about such an event. This is a very real possibility.
Article "US and Iraq agree to start talks to end presence of US-led coalition"
The dinar either rises gradually over time as Iraq's economy prospers reducing the money supply or Parliament will authorize the deletion of zeros reducing trillions to billions and a LOP. Not what we want to see.
there is no way Iraq can RV the Iraqi dinar with [120] trillion dinar in circulation. No country could afford. Iraq's total net worth is only around $16 trillon dollars.
There is no significant RV of the Iraqi dinar. And if the dinar does ever go up in value, it will be based on the success and growth of Iraq's own economy. There are no shortcuts.
Article: "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."
If and when the Central Bank decides to increase the value of the Iraqi dinar more than likely it will be based on some type of gradual float as a result of the success and growth of Iraq's own economy and an increase in GDP.
I hope each and every one of you find success in this investment...It may take time. It may be another 1 to 5 years. I certainly hope not but I believe things could happen quickly over the next 36 to 48 months. It all depends on Iraq.
...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq. And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance .
A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar. When Iraq passed their tripartite 3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years. Now Iraq is on the clock to accomplish such.
There's a new article out that many people are translating and confusing. They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year.
Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.
A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation. It doesn't make sense...
They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand. All of these processes and or steps required time.
“Shafaq News/ The International Monetary Fund (IMF) indicated a “significant decline” in inflation rates in Iraq, which was reflected in the decline in food and energy prices and the stability of the foreign exchange market in Iraq.
According to the Ministry of Finance, an Iraqi delegation headed by Finance Minister Taif Sami concluded its discussions with the IMF’s Article IV mission experts in Amman, Jordan, during which many issues were discussed, including the implementation of the economic reform program, the improvements achieved by the Iraqi government in the field of development infrastructure, financial sustainability, and boosting non-oil revenues.”
It looks like Iraq has been given permission to move forward with their economic reforms as we discussed in January this year was going to take place in February 2024 because of an announcement made during Article 4 consultation with the IMF.
This is why we are seeing the acceptance of Iraq in the WTO, and they can now join other countries in the WTO formulating new price mechanisms that will level the playing field in trade among other nations.
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
MZ: The first 45 minutes will be spent with the CBD gurus, news will start at 10:30 Eastern/the 45-minute mark.
Member: Welcome to the weekend!!!!!
Member: Hearing anything juicy this weekend Mark?
MZ: Let’s dive in with a couple rumors…..there is a tremendous amount of group chatter with great expectations of funds moving. Many rumors have started over the last 24 hours…..We don’t know how factual it is until we get there…and we have heard things like this before.
MZ: But a number of group contacts are expecting liquidity the first of the week….Monday or Tuesday. The chatter is strong amidst a number of group contacts. We all hope this is actually it this time. It may be due to the overwhelming amount of group responses I have been getting.
Member: What tier are "groups?
Member: I believe they are tier 3
MZ: Let’s just call them tier 4- probably the most accurate. Tier 4 is where individuals start getting money for their currency. Tiers are terms we came up with to know who goes and when.
Member: and we currency holders are tier 4B…….we must be close.
Member: This was the tiers Chart I had saved: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.
MZ: I was hoping to have heard more from the bond side today……If I hear anything on this I will let you all know. .
Member: Rod Steele's latest report is as follows. The rest of the world wants to move forward with the RV and the gold backed currency. If the U.S. does not give the green light we will go without you.
Member: I heard him say that. I’m amazed that if the White Hats are in control or even the Military, what are they waiting for?
MZ: “Miss inflation moves in mysterious ways” Inflation moves in waves…..If they try to pivot because it’s an election year…I know what that means for the economy…….well we need a reset…and need it ASAP.
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FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO.
FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
FIREFLY:TV showing half a billion dinar recovered from a corrupt banking judiciary officer.
FRANK: It just don't stop! Good gosh almighty everybody steals out there.
FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there.