Janet Yellen, United States Secretary of the Treasury is now on record as finally admitting that Higher Inflation and Higher Yields Are Here to Stay.
“It seems unlikely that yields are going to go back to being as low as they were before the pandemic.” Yellen.
Remember, this refers to the old Financial System. Under a Digital Gold Standard Financial System, we will witness gold deflating an inflated economy.
Our tokenized assets are currently being interfaced into the new QFS allowing us to move into a decentralized system incorporating new banking protocols along with trading protocols that will transform our markets into real values.
It will change monetary values in every sector of the market including Forex. This is why many have called it a Global Currency Reset, but it includes every sector of the market and banking system as well.
The Oil Committee talks about the latest developments in the oil and gas law legislation
Information / Baghdad...A member of the parliamentary oil and natural resources committee, Bassem Nguemish, announced on Thursday that the competent committees have resolved all technical issues related to the oil and gas law, but stressed that "there are political problems that stand in the way of passing the law.
Ngimish told Al-Maalouma that "technical matters related to the oil and gas law have been resolved, but he suffers from political problems."He stressed "the existence of a previous agreement for the State Administration Coalition to pass the law."
He explained that "the failure to compromise some positions is the main reason behind obstructing the passage of the oil and gas law."He added, "The need for this law requires everyone to overcome differences, and compromise for the sake of the people."
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
Member: Great evening Mark Mods and everyone
Member: Hoping Mark has big news tonight
MZ: If any of you are questioning if this is ever going to happen …I want to give you some reassurance…..Here we are at Thursday and this is the second time this week …directly from the Iraqi Parliament: “ Pariamantary Finance and CBI discuss increasing the DINAR and controlling the market”
MZ: In other words they need to remove restrictions on the banks and increase the value…that is how they control the market.
MZ: “ The finance committee expresses its aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi Dinar and control the market” They need to change the value in order to alleviate the burdens of the citizens and address the deficit. Value will go up and deficit will go away.
MZ: They are still openly talking about it…again.
Member: Lots of talk…..now we need to see some action!!!
MZ: We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.
Member: I think if they tell folks “It’s coming” It has already been done.
Member: So is this the hold up?
MZ: I don’t think it’s a hold up…It’s just us wanting it now.
Member: I was wondering if we waiting on the Treasury for the RV to be released here?
Member: Headline in Iraq: “Iraq announces deal with US to reconsider sanctions imposed on Iraqi banks”
Member: My mom called CHASE in Orange County , CA (city Aliso Viejo) the representative confirmed they are basal three compliant and that the QFS is coming down the pipes.
Member: My Cpa told me today that her banker said they also have the new currency in house, did not know when release day will be?
Member: My neighbors spouse works at Wells Fargo and they are going to a new business model (my words) of WF hubs. All employees will be required to live near the hubs.
MZ: Some world news: “Saudi Arabia to attend BRICS summit “ I am hearing they will join BRICS officially later in the month of April
Member: Are redemption staff on call?
Member: Tomorrow is the Ides of March…..will anything happen?
Member: So many people expecting something HUGE tomorrow!
Member: Hoping for a Golden Weekend and March Madness!
Member: To the PTB who are watching tonight. Please release the RV before Tax day….We do not want any more of our hard earned money going straight to the cabal/bad guys!!!
Member: Easter is on Mar. 31. Will the St. Germaine Trust finally be opened???
Member: Everyone have a good evening…..sweet RV dreams!
Member: LATER FOLKS!!! SEE YA IN THE AM!!!
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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
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Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market
The Governor of the Central Bank, Ali Al-Alaq, pointed out today, Thursday, the establishment of basic rules in order to monitor the remittance process and analyze monetary operations
The media department of the House of Representatives stated in a statement received by {Al-Furat News}, “The Finance Committee, headed by Atwan Al-Atwani and in the presence of its members, met with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.”
Al-Atwani stressed, “at the beginning of the hosting session, which was held at the committee’s headquarters, the importance of following up on the economic file and monetary policy, based on the supervisory side, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”
The Finance Committee also expressed its aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar, control the market in order to alleviate the burdens of citizens, and address the deficit.
For his part, the Governor of the Central Bank reviewed the economic and monetary aspects, pointing out the establishment of basic rules in order to monitor the remittance process and analyze monetary operations.
Al-Alaq praised "the role played by the Finance Committee in following up on the country's financial and economic movement."
The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law. link