When your census is accurate they’ll have the ability to be able to get their purchasing power indirectly and directly because of the nature of how many people are accurately accounted for.
That will help the citizens. They’ve been explaining that type of thing to the people in Iraq.
They’ve been doing it a lot in the last couple of weeks and especially in the last week or so. They’ve been hammering it home, putting it on TV all around the country…
When they change the value of their currency, things will become cheaper…The bottom line is if they raise the value, let’s say they come back to where they were before it was shut off during the S****m Hussein era at around $3.22, they’ll be able to pay for a lot of products and materials for a lot cheaper. That is going to be a powerful thing. That’s going to be a benefit to purchasing power…to the citizens.
We had some information that came from here in the United States of people that have boots on the ground [in Iraq].
When I say boots on the ground I mean literally boots on the ground. Having some of that information is key because they called today and said proudly that they affirmed they got information from the source in the military.
These guys are talking on TV, not just Channel One or Channel Three but many sources. They’re talking about helping the citizens. They’re going to bring them purchasing power.
The European Union Organizes A Workshop In Basra On Central Administration And The Wealth Distribution System
Saturday 23 November 2024 15:29 | Economic Number of readings: 116 Basra / NINA / The European Union organized a workshop in Basra on central administration and the wealth distribution system.
Basra Governor Asaad Al-Eidani stressed during the workshop that the distribution of wealth has limitations for the poorest areas as well as areas with high population density, in addition to areas that were damaged by the wars that Iraq witnessed.
He added that Basra has three resources for distributing wealth in the budget, which are: regional development, border crossing revenues, and petrodollars.
Basra may not be given its full revenues, which are according to the constitution, due to the financial situation and challenges facing the country. He pointed out that during the past two years there are debts owed to the governorate that must be given those entitlements.
Al-Eidani explained that "the infrastructure projects being implemented in the governorate have contributed significantly to improving the economic situation in various housing units, noting that house prices in the governorate have witnessed a noticeable doubling during the past few years, reaching ten times their previous value.
Al-Eidani pointed out that these improvements reflect the impact of development projects on improving the standard of living and enhancing the value of real estate assets in Basra." / End
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: We spend the first 45 minutes relaxing with Matt and Lucas, then dive into the news of the day. Iraqi Parliament returns to work on Monday to work on "important" laws
Member: Good morning . Happy weekend e everyone.
Member: Lots of “pundits” say “Before Thanksgiving”
MZ: Yes a lot of them are saying that because that is what we are hearing. Now we’ll see what happens.
Member: Wouldn’t the Redemption folks want to celebrate Thanksgiving without the exchange event?
Member: it would be great if at least the call centers were open to make appointments …then the exchange centers open after Thanksgiving.
MZ: Iraq has a lot of things that start happening on Monday. Wrapping up the census and the parliament says they will start voting on important laws on Monday. Many believe this includes the HCL.
MZ: “Iraqi Parliament resumes session on Monday with Important Laws” these are controversial laws they have been tackling and a number of my sources believe the HCL Law is in there. That along with the census this coming week……so they can release the new rate. We all hope this is accurate.
MZ: A couple of group leaders are sounding off and saying they expect things by Thanksgiving and that we will have an exceptionally great week. I am hopeful they are accurate.
MZ: Most of my contacts expect a phenomenal Thanksgiving (or before)
MZ: “ Commission: This week will witness the ratification of the results of the Kurdistan Parliament elections” More news for the HCL?
MZ: I was always told once the official announcement that HCL has passed has occurred- we were within days of the RV. That is why we keep watching it.
Member: Frank26 agrees that HCL passing gives us the RV.
MZ: “ The Central Bank of Iraq sells more than $894 Million in 3 days” This is where they sell US dollars and take Iraqi dinar off the streets. That is an enormous chunk of IQD out of circulation. They are clearly preparing for something big to support the value of their currency.
MZ: “Big Change for the Iraqi dinar “ from The Economic Ninja: Going Mainstream and he is also talking about the Indonisian Rupiah and the Vietnamese Dong and the other currencies we have been watching that are suddenly showing huge increased….crazy numbers on increases of values while they test the system …..
MZ: This has a lot of people excited…I am excited and my bankers are even more excited than me.
MZ: “Texas proposes Gold and Silver backed currencies to compete with fiat money” The whole word is preparing for this event. These are exciting times.
Member: I heard Norwest Bank has merged with Wells Fargo
Member: Won't it be nice to stop living on the edge, waiting for the RV, waiting for things to get better?
Member: IMO This week starting today is going to be STELLAR!
Member; Thanks Mark and Mods….I pray everyone has a wonderful weekend.
Member: Have a very blessed weekend everyone and see you all on Monday morning.
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
Economist: Government Should Exploit Rising Oil Prices And Implement Sound Financial Management
Time: 2024/11/22 13:54:37 Read: 1,313 times {Economic: Al Furat News} An economic expert called on the government to exploit the circumstances of rising oil prices and implement sound financial management.
Rashid Al-Saadi told Al-Furat News Agency: "The rise in global oil prices is due to the impact of political circumstances. With the intensification of the Russian-Ukrainian war and the challenges facing the region, in addition to the decision of the International Criminal Court regarding Netanyahu and his Minister of War, and Israel's threats to Iraq and the pressure in the region, oil importing companies are being prompted to take precautions and be careful, and the political and security factor is the decisive and influential factor in the rise in oil prices."
He explained that "Iraq's benefit from this rise is that every dollar in which oil rises serves Iraq by no less than a billion dollars annually and strengthens its budget according to the size of its production."
Al-Saadi stressed, "The government must exploit the circumstances and the rise, because as soon as there is stability in the near or distant future, oil prices may drop significantly. This is a call for the government to manage the state's finances in a rational manner." LINK
Are you all reading this and comprehending the imminent ROI?
Do you see where we are in this process more clearly now?
Do you know what you hold?
Why do people call this a scam when Citibank now plans on exchange IQD?
Have you noticed none of those people who call it a scam can pull one article out of Iraq to support their claim?
None of the people who call this investment a sham has not produced any info from Iraq that tells you are holding worthless paper.
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Majeed KSA
@majeed66224499
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@BROTHERSTE27892
Citibank in USA offering IQD VND IDR but still with the old rate
That’s weird … sounds like they ready when it hit Forex
When I googled about Citibank, it shows they did not have the ability to exchange the Iraqi dinar before