Tuesday, March 12, 2024

"IRAQ WILL BE OUR FINANCIAL SAVIOR" BY MILITIAMAN, 12 MARCH

Militia Man 

 Hypothetically the United States has lets say 5 to 10 trillion dinar.  We have a nation debt of $30+ trillion.  If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back to a previous era which they say they are going to do...they talk about about $3.22...

If they apply the Real Effective Exchange Rate to the Iraqi dinar based off their natural resources, not based off a punishment rate from the war era, not just based off of oil.  Iraq's $3.22 was based off primarily oil.  Now it's a different situation.. . [This would dramatically help the US with their debt]  Iraq has a lot of gold...oil...religious tourism...

https://dinarevaluation.blogspot.com/2024/03/the-rv-at-official-rate-of-322-of-iqd.html

  Ministerial Council of Economics... Ministry of Planning, Industry, Trade, Central Bank of Iraq, Prime Minister, Deputy Prime Minister, advisers, all of those folks that are involved...have been knocking it out of the park themselves and showing why they are bringing Iraq to be the financial savior...The world expectations are Iraq is going to be a key component into the global financial system...When they say it's imminent that's a broadcast to the world...

  I got a lot of blowback from me using the word imminent.  I didn't use those words, that wasn't me talking.  It's not me telling you - They are telling us.

  Article:   "Iraq announces its imminent accession to the World Trade Organization

  I didn't say it other than reiterating what the quote is... They said that.

 Article "The dinar and the dollar" 
Remember Al Sudani told everyone that the Iraq dinar will return to its lofty economic value because the dinar is stronger than the dollar. 

 There are things that are coming back up.  This is Muhammad Rasheed, he's talking about the national currency...the dinar.  He's stating that the economic world is witnessing a qualitative boom in awareness.  A lot of people around the world are figuring this out and very soon it will overthrow the dollar.  So the dinar is going to be stronger.  Al-Sudani told us that...This guy Muhammad Rasheed is holding his feet to the fire...  

"WHERE THE QFS COMES IN?" BY BEARDED PATRIOTUSA, 12 MARCH

 BEARDED PATRIOTUSA

Family: PLEASE READ AND PAY CLOSE ATTENTION TO WHATS HAPPENING……IMPORTANT!!!

πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡


🚨🚨🚨ALERT ALERT ALERT🚨🚨🚨


The collapse of Bitcoin will come when the sovereign bond market collapses.


The Fed ending BTFP all coincides with Basel III


In that the Bank of Japan must be Basel III compliant by March 31st, 2024 (this month)


Janet Yellen will need to issue $5 trillion in new bonds this month (March).


That’s NEVER going to happen for her.


At a time when foreign dollar holders are repatriating their ($150 trillion) dollar reserves to buy back their own currency from the U.S. Treasury.


EXAMPLE: Iraq is using their U.S. dollar reserves to buy back their Dinar from U.S. Treasury which is pushing the exchange rate of the Dinar up considerably.


Then those countries are using *that currency exchange swap to acquire the renminbi in the 4X for the oil trade.


(Foreign dollar holders are just using those dollars to swap out for renminbi)


This is why Japan is ending negative rates, where the Bank of Japan uses their Dollar reserves (bonds) to buy back their yen from the U.S. Treasury. 


Japan raising rates means they’re going to collapse their bond market. (Basel III)


Bitcoins intrinsic value is ZERO.


There IS NO Bitcoin without Dollar liquidity. (i.e. U.S. Treasury bonds)


Whomever is buying UST bonds with yen is a shadow bank.


This is where the QFS comes in.


The U.S. Dollar is likely to crash this month.



https://t.me/Bearded_PatriotsUSA/15720

" IRAQ IS CURRENTLY WEIGHING CHANGING THE CURRENCY RATE AT $1.32 INSTEAD OF $1,320 PER USD" BY DINAR IRAQ AND DONG VIETNAM, 12 MARCH

 Quote In Today News:-

The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars.
Implementing such a decision is likely to significantly increase Al Sudani’s popularity.

SOURCE: DINAR IRAQ AND DONG VIETNAM

"THIS MEANS THAT THEY DON'T NEED THE ZEROS ANYMORE" BY MARKZ, 12 MARCH

 





Nasdaq & ISX Agreement!πŸ’£Banks are Informed Now!?πŸ€”Iraq Dinar RV Updates |...

Iraq's internal debt per capita reaches 1.7 million dinars: is it worrisome?, 12 MARCH

Iraq's internal debt per capita reaches 1.7 million dinars: is it worrisome?

Shafaq News/ Iraq's internal debt has reached 70 trillion dinars ($48 billion), with each citizen's share of the debt amounting to 1.7 million dinars ($1,170), according to economist Manar al-Obaidi. 

The debt has been growing steadily in recent years, due to a combination of factors including the war against ISIS, the decline in oil prices, and the COVID-19 pandemic. 


The government has been able to finance the debt through a combination of borrowing from domestic banks and issuing treasury bills. However, the growing debt burden is a major concern for economists, who warn that it could crowd out private investment and lead to higher inflation. 

Economist Abdul Rahman al-Mashhadani, however, downplayed the significance of the internal debt, arguing that it is not as dangerous as the external debt. 


"The internal debt is not the dangerous element in the world's countries, but the external debt, because the internal debt is shared by many institutions, so its impact is weak, although it is considered a debt that the government owes to financial institutions and individuals," he said.

 

Mashhadani pointed out that the internal debt is owed to government institutions, such as the Rafidain, Rashid, and Iraqi Trade banks, and the Central Bank. As a result, he said, it is a government debt to the government and the government can cancel its interest or write off these debts. 

The International Monetary Fund (IMF) has removed Iraq from its list of debtor countries, as the country's external debt is now below the IMF's threshold of 100% of GDP. The IMF's decision is a sign of confidence in Iraq's economy, and it could help to attract foreign investment. However, economists warn that Iraq still needs to address its debt problem, as the high debt burden could constrain economic growth in the long term.

https://shafaq.com/en/Economy/Iraq-s-internal-debt-per-capita-reaches-1-7-million-dinars-is-it-worrisome


" IQD WILL BE $1.32 INSTEAD OF $1,320 PER USD DISCUSSION" BY MARKZ, 12 MARCH

 IQD WILL BE $1.32 INSTEAD OF $1,320 PER USD DISCUSSION

MZ: What I would really like to share with you is from this morning: “ Iraq’s ruling coalition may call for early elections” The Iranian lined up divisions seem to be afraid of Sudani.  But he has about a 78 percent approval rating from the people and has gotten a lot done.  

MZ: But this statement is what they fear the most right now ” The Iraqi government is currently weighing the question to change the currency so that the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320.”  Implementing such a decision is likely to significantly increase Al Sudani’s popularity. 

MZ: What does this mean? It means they don’t need the zeros anymore. This means that each Iraqi dinar would be worth .76 cents. This was right from Iraq’s own paper. And they are “currently weighing this question”

Member: If Sudani does this- he would be our hero for sure. Price would float up from there imo. 

Member: If Iraq is discussing a rate in the news. It’s already done!

MZ: I agree. 

MZ: I still very much believe we will see a higher rate than that …but let’s say each dinar is worth .76 cents. They may be coming in at .76 and letting it float. We don’t know for sure. But to see it openly discussed in their news is huge. 

Member: At a rate of .76 – then each 25,000 note of dinar would be worth $19,000 USD.  Exchanging one note is enough to help many of us immensely while we wait for it to float higher. 

MZ: Roughly each one million in Iraqi dinar would be worth $760,000.00 USD the moment they decide to do that. And they are openly weighing that rate. This may be a huge “tell” for us. 

Member: this is an excellent sign they are floating that rate in public papers

Member: For sure the Dinar would be quite higher by the end of the day in open trading!!!!!!

Member: Would be a lot more than we have now for sure. Many lives and homes could be saved. 

Member: Either way it goes it will be a blessing and more than we have today. best part will be when we get rid of the circus we have going on.

MZ: I believe they could be “prepping the market” If this is the worst case scenario we would be in good shape. Imo

Member: I don’t think Iraq could fix their entire country on a rate of .76 cents?

MZ: I still believe it will be higher. But we will see. They just gave us what I consider the “worst case scenario” and I feel good about it. ....