Coffee with MarkZ. 08/01/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

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: Good Morning and Welcome to August 

Member: 8-1-2024=17=8    8 means a new Beginning.

Member: well, no Christmas in July…..just saying

Mod:  JUST REMEMBER, AUGUST 7TH IS JULY 25TH ON THE JULIAN CALENDER, WHAT ELSE IS CELEBRATED ON THE 25TH?,

Member: The RV and Nesara / Gesara will happen at one point because economically all countries will fail. Just a matter of time.imo

Member: GM Mark Z. Now that July gone without RV. Do you think we might have it this month?

Member: How confident are you in the military intel you got a few weeks ago that RV needs to be done by August 4th?

MZ: Yes they said around the 4th and 5th……but I don’t know and have not received an update. 

MZ: It really is a “Nothing Burger” on RV news today. 

Member: We have decided that we love the nothing burgers! We get through with the laughter and knowing that God sends enough to meet our needs.

Member: Quiet it's a good thing…that’s what we are told…..but it’s still frustrating…..for us and Mark as well I am sure;

Member: The RV will happen... rather we have patience or not.

Member: I would like to know Why did Kuwait only take 3 months to revalue atfer war with Iraqi…..and it is taking years or decades  for Iraq to revalue?

Member: maybe greed, corruption, theft, and lies have held it up this long. 

Member: Bad guys who want to rule the world do not want us peasants to have any prosperity….poor people are easier to control.

Member: Skye posted a very good one saying that the pressures on for us to go within the next 72 hrs??

Member: Bruce say we should get Notified today or tomorrow?

Member: so many truthers saying it has started, it's like stand up sit down, get back up again.

MZ: Until one of us has spendable money…It’s hard to get excited. 

Member: They've all cried wolf so many times on dates that I will believe it when I see it.

​​Member: My thoughts...RV on 8/8....8/8/2024 = 888 (2+2+4 =8).::but who knows

MZ: The prevailing rumor is that the Green light was set yesterday …and will go sometime between now and the 5th….We have heard these rumors so often I’m afraid to get excited about it. 

Member: I wonder-  who is it that supposedly gave the Green light?

Member: Could be the Chinese elders…or the military….or the White hats…..or Iraq….or the Easter bunny…..who knows? 

Member: Is Zimbabwe going to gold now that their gold ZIG is common now?

MZ: They are pretty common now and being used in daily transactions. As they mine more gold…more are put more ZIG into circulation and take more US dollars out of circulation. . 

Member: If you take a moment and look around you will see just about no country wants to use the USA Fiat Dollar any more. About only spendable in the USA

Member: Still waiting to see bad guys arrested , and justice served…where is the military ?  Where are the white hats?

Member: Who knew there were so many bad guys running the world. So very tragic. 

Meber: it's so sad that we live in a very sick world. Lots of prayers going out towards the world.

Member: Maybe 10 days of darkness is because we can’t pay electric bill.

Member: I do not think it will happen until after US elections and BRICS forces the world to go gold backed…..and that is many months away….

MZ: I still think it will happen sooner rather than later….

Member: BRICS new gold back currency- The UNIT and the new financial system will change the world….. 

​​Member: We have to all stick together. WE WILL see each other through this. We have each other.

Member: Trying to keep thoughts positive…..Remember-Nothing, nothing, nothing….then SUDDENLY

Member: Have a blessed day everyone.   Maybe tomorrow there will be positive news!!

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Economist Explains The Objectives Of Monetary Policy: Reducing Unemployment And Achieving Stability Of The Local Currency, 1 AUGUST

 Posted On2024-07-30 By Sotaliraq   Economic researcher Diaa Al-Mohsen explained the objectives of monetary policy in the country, explaining that it reduces unemployment rates and achieves stability for the local currency against foreign currencies.

Al Mohsen said, “Monetary policy is adopted to control the profit rate paid for short-term borrowing, to allow for a reduction in inflation rates or interest rates, ensuring price stability and high confidence in the value and stability of the local currency.” He noted that “monetary policy has other objectives, the most important of which may be achieving GDP stability and reducing unemployment rates.”

Al Mohsen added that “monetary policy aims to achieve stability of the local currency against foreign currencies, as the monetary authority is responsible for implementing monetary policy, which includes two types of policies that differ from each other. The first is called an expansionary policy, as it works to reduce interest rates imposed on loans.

Here, this mechanism works to increase demand for loans for investment purposes, which results in increased demand for investment goods and increased demand for goods and commodities.” He pointed out that “this mechanism works to increase demand for labor for the purpose of expanding production to meet the growing demand, as we notice here the consumer’s lack of interest in keeping cash. ‘

This policy ensures the decline of the local currency against foreign currencies, and then the foreign investor can put his money in to buy local goods at a lower price than usual, which increases demand for these goods, which increases the accelerating multiplier, which results in an increase in wages and a decrease in unemployment rates.”

“The other policy is the opposite of the first, and we call it a contractionary policy. Here, the monetary authority works to raise interest rates to withdraw the largest amount of local currency available in the market.

When interest rates are high, we find that consumers are less willing to buy goods and services. On the other hand, we find that consumers are more willing to save because interest rates are rewarding. ‘

However, this negatively affects investment, due to the high interest rates imposed on loans, which results in reducing opportunities for increased production and increasing unemployment rates. We also notice that investors are not willing to buy locally produced goods because their prices are high compared to their foreign counterparts,” Al Mohsen added.

He continued, “Monetary policy is a necessity undertaken by the monetary authority, in order to maintain the stability of the monetary system. The above is also fundamentally linked to the ability of the monetary authority to monitor the market in the cases of expansion and contraction. It is also necessary to remember the necessity of having a developed financial market.”

The problems of the banking sector and its urgent need for radical reforms in the monetary and supervisory policy of the Central Bank, and the creation of effective mechanisms to reduce corruption and ensure transparency in the management of public funds to achieve real and sustainable economic development in Iraq, are highlighted. With the ongoing dollar crisis and the absence of effective solutions, there must be a real need to establish a monetary policy that establishes the foundation for creating economic stability while preserving the country’s interests and putting an end to the US Federal Reserve’s sanctions against Iraqi banks.  LINK

RV UPDATE BY MNT GOAT, 1 AUGUST

 

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

SANDY INGRAM: Iraq Implementing e-Visas for Investors DRP Update Exchange Rates IQD & VND

A Parliamentarian Reveals Gold Smuggling In An “Innovative” Way.. What Is Its Relation To The Rise Of The Dollar?, 1 August

 Economy News – Baghdad  Member of Parliament, Alia Nassif, revealed today, Wednesday, innovative gold smuggling operations, while she mentioned the story of the death of Qarun.

Nassif said in a post on the Aks platform, followed by “Al-Eqtisad News”, that “after more than 5,000 years since the death of Qarun, a new Qarun is born, to become the crocodile of corruption in Iraq,” adding: “In short, there is currently an innovative method to destroy the Iraqi economy, which is to buy gold (local and imported), melt it, turn it into ingots, and smuggle it abroad!”

She continued: “I call on the Central Bank, the Anti-Money Laundering and Terrorism Financing Office, the Organized Crime Directorate, the Federal Integrity Commission, and all regulatory agencies to investigate the sources of funds transferred through the currency sales window to purchase gold and precious metals during 2024, and to verify the validity of the procedures in customs and the Central Agency for Standardization and Quality Control, and to verify the sales operations in the markets and who are the beneficiaries of buying gold.”

She pointed out that "the reason for the increase in dollar sales is the import of large quantities of gold (which are not sold in the markets), but are remelted and smuggled out of Iraq, taking advantage of the difference between the official and parallel exchange rates, in addition to financing suspicious operations and giving legitimacy to money coming through financial corruption and extortion." 2024/07/31 - https://economy-news.net/content.php?id=45778

MP: The Iraqi Banking Sector Is Being Executed In Favor Of Arab Banks, 1 AUGUST

 Policy  ,  07/31/2024 10:38  , Number of readings: 168  Baghdad - Iraq Today:   MP Alia Nassif Jassim expressed her dissatisfaction with the current situation of Iraqi banks, considering that there is an “execution” of these banks.

The MP wrote in a recent post on the X platform, “This is how Iraqi banks are being executed! A license was granted to the Jordanian Arab Bank and the Emirates Union Bank to work in #Iraq and they will start their work at the beginning of next September alongside the National Bank

 The license will also be granted to two banks (Kuwaiti and Qatari), while many Iraqi banks continue to stop and more of them will stop due to the management of the Central Bank of Iraq, which did not. address the problem during the past period, but rather worked to enter them into contracts with K2 and pay them money without result!

The banking sector is being punished for mistakes made in previous years during which it was under the supervision of the same current management of the Central Bank, so why was this management not punished for failure to fulfill its duty to supervise the work of these banks?”

These statements come at a time when the banking sector in Iraq is witnessing major challenges, with increasing criticism of the Central Bank's management.  LINK

Failure of the Iraqi Stock Exchange (ISX) BY MNT GOAT, 1 AUGUST

Failure of the Iraqi Stock Exchange (ISX)

I encourage my readers to go read the article titled “CORRUPTION AND FAVORITISM WEAKEN THE IRAQI STOCK EXCHANGE: NEGLECTED LAWS AND A BITTER REALITY”

Many joint-stock companies and banks participating in the Iraq Stock Exchange have shown their failure to submit their final financial statements for the year 2023, reflecting a state of chaos and indifference towards the laws regulating the work of the Iraq Stock Exchange.

 The market suffers from a continuous disregard for the legal articles regulating the relationship between companies and the market, as Article 14 obliges listed companies to prepare and publish periodic financial reports that include balance sheets and profit and loss accounts, in addition to detailed annual reports.

 However, the reality indicates that many companies blatantly ignore this article, leading to a significant lack of transparency and information available to investors.

So tell me in r

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/