Thursday, September 28, 2023
"RV UPDATE" BY HOLLY, 28 SEPT
Thoughts From Holly:
Some very important things are going to happen;
1. The USA sanctions on auctions for Iraq are being lifted after 30 years!!!! Signed off by treasury last week when Iraq was in USA!
Boom 2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it!
Boom 3. Iraq is having their first ever Independence Day on October 3rd!!
Congratulations Iraq!
This means they are independent and their war has ended! This by far is the biggest boom ever!!!!! -Holly
JUDY NOTES, 28 SEPT
Judy Note: There were all kinds of signs that a Global Economic Collapse Event was happening right now and would continue to plunge in a slippery slope with the collapse of Cabal corporations after the RV.
A Global Currency Revaluation of Currencies and Redemption of Zim Bonds would soon set the stage for the World’s recovery.
Hold on tight. There is no cause for discouragement. There is no room for despair. You are The Chosen if you bought revaluing currencies and/or Zim Bonds. You have set yourself up to play an important role in rebuilding our World. Go forth with courage.
One person’s opinion on how the Global Financial Collapse will happen only after the RV: “I think I’m getting it. Could it possibly be that it’s not what we all think? This is a ‘controlled military operation’. Yep, got it. I think you know it, too. Hint: Each industry has to be shut down, such as CVS pharmacy (no need for medication when you have med-beds) and Apple stores (when you have Q, phones). How do you close stores down? How do you crash the economy? How do you get people to lose their jobs? Yep.” …Rubix Q on Telegram Wed. 27 Sept.
- Wed. 27 Sept. Bitcoin Holdings Plummet, Mass Exodus.
Global Currency Reset Possible Timeline:
- Tues. 26 Sept. Bruce: Tier4b (us, the Internet Group) notification should be sent out after the Gazette publishes the new Iraqi Dinar Rates. Tier 4bappointments should be available sometime between now and Fri. 29 Sept. The first two weeks of Oct.NESARA should pay out (reclamation funds).
- Wed. 27 Sept. MarkZ: “The Senate passed a resolution to end the War and sanctions on Iraq. Once the house passes it Iraq will have full control over their own money, oil and destiny. Many of my sources were still looking for the end of the week.”
- Frank 26: “A ten day process will start on Thurs. 28 Sept. where there will be a gradual and automatic increase in the value of the Dinar; the Iraqi people will receive their HCL proceeds and Iraq will ascend into the World Trade Organization so that onMon. 1 Oct. the WS Bank “branch” would be open for business.”
- Fallawsophy: Tier4b (us, the Internet Group) notification, with appointments set for the next 12 days, or until Wed. 11 Oct.
- Walkingstick (an Iraqi citizen and bank owner): “The tender for the currency and coins has been met per request, meaning the needed currency and coins, the count and the value, for the release of the new exchange rate has been fulfilled.”
- TNT Tony: “Everyone is saying it will be done by the end of this coming weekend.”
- Wolverine: The funds have been released and placed on the Quantum Financial System.
- The first two weeks of Oct. NESARA should pay out (reclamation funds).
- By Sun. 1 Oct. all banks were required to be on the gold/asset-backed Quantum Financial System rather than the old SWIFT System based on the fiat US Dollar.
- Sun. 1 Oct. the USN was set to be announced.
- Mon. 2 Oct. US Inc. government shutdown – causing a worldwide financial crisis.
- Tues. 3 Oct. has been officially designated as the National Day of the Republic of Iraq in order to celebrate Iraqi freedom from the US Inc.
- By Tues. 10 Oct. the bulk of redemption appointments and exchanges were expected to be done.
- On Wed. 11 Oct. possible EBS with Biden removal – that would kick off a four month military action.
- The end of October Sidney Powell has a date with the Supreme Court to present evidence on 2020 Election Fraud.
- Wed. 1 Nov. It was the goal to have Currency Exchanges and Zim Bond Redemptions completed, at which time the US Federal Dollar would be considered worthless.
- Holly: Some very important things are going to happen: 1. The USA sanctions on auctions for Iraq are being lifted after 30 years!!!! Signed off by treasury last week when Iraq was in USA! Boom! 2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it! Boom! 3. Iraq is having their first ever Independence Day on October 3rd!! Congratulations Iraq! This means they are independent and their war has ended! This by far is the biggest Boom ever!
- In November Social Security will be paid out in much higher payments.
- Tues. 26 Sept. BOOM! New Epoch of Peace: The Inception of QFS Gold-Backed Coins, the Salvation for the Patriotic! (video) – American Media Group (amg-news.com)
- Robert Powers on Telegram: “I got an email from my credit union that they are now have Wealth Management services and scheduling appointments for anyone that has questions.”
Rumored GCR Recent History:
- On Fri. 15 Sept. Iraq officially RVd their Dinar.
- On Fri. 22 Sept. Iraq announced the new Iraqi Dinar International Rate as $11.90.
- On that same Fri. 22 Sept. the Quantum Financial System took over the Global Financial System.
- On Sun. evening 24 Sept. the QFS was activated, with all funds gold backed.
Wednesday, September 27, 2023
Evening News with MarkZ 09/27/2023
A Reading Of The Council Of Ministers’ Decision To Limit Contracts To Dinars.. Will It Change The Exchange Rate Or The Value Of The Contracts?, 27 SEPT
A Reading Of The Council Of Ministers’ Decision To Limit Contracts To Dinars.. Will It Change The Exchange Rate Or The Value Of The Contracts?
The Iraqi government and the Central Bank of Iraq continue to take various decisions and measures in an attempt to control the exchange rate of the dollar against the dinar, in a war that has been going on for 10 months, as exchange rates are witnessing an unprecedented rise due to illegal speculation, as described by the Central Bank of Iraq.
End DOLLARIZATION
The expert in economic and financial affairs, Nabil Al-Marsoumi, during an interview today, Wednesday (September 27, 2023), with “Baghdad Today”, explained that “the Iraqi government took many steps during the previous period, and is still working on new steps aimed at limiting local dealings to the Iraqi dinar.” Its last decision was to oblige state contracts executed inside Iraq to be in Iraqi dinars.”
He stated that “this step is aimed at ending the “dollarization phenomenon,” that is, restricting all transactions to the local currency. Of course, this matter has any impact on the issue of reducing or rising the price of the dollar in the local market, as this matter depends on the issue of finding solutions in order to work Legal and legitimate transfers to Iran instead of black transfers that are paid through various import funds.”
An Attempt To Strengthen The Dinar
For his part, a member of the Parliamentary Finance Committee, Moin Al-Kadhimi, said in his interview with “Baghdad Al-Youm” that “the Iraqi government wants, through such steps, to strengthen the Iraqi dinar and limit local dealings to the national currency, and this is what strengthens and strengthens the dinar, and this matter is followed and applied in all countries.” "It was accompanied by a strong economy."
Al-Kadhimi stated, “Such a step will certainly contribute to the issue of reducing the exchange rate of the dollar in the local market. Such steps will reduce the need to demand the dollar, since dealing will be in the Iraqi dinar, and therefore the citizen will abandon the dollar as long as dealing is limited to the national currency, and this is the case for companies operating in the sectors.” governmental or private.
A “moral” step, but...does it change the value of the contracts?
Yesterday, Tuesday, the Council of Ministers decided, in a step towards financial and administrative reform, to commit to all state contracts executed inside Iraq being in Iraqi dinars, except for those opened by an external documentary credit, so they will be according to the agreement between the two parties and for the value of the documentary credit only.
While observers believe that this step will lead to an increase in the price of the dollar, based on the fact that the government will pay the dinar to companies, which in turn will look to buy and convert the money into dollars.
However, others underestimate the importance or extent of the impact of the step on the exchange rate, as the state will ultimately pay the dues of these companies and contracting parties in dollars by the Central Bank, as stipulated in the Council of Ministers’ decision, considering that this decision has only a “moral aspect” in favor of the dinar. That is, making the numbers on the contract papers in Iraqi dinars only, but the payment of companies’ dues will be in dollars and by the central bank directly.
Experts believe that this decision will have one negative side when any future change in dollar prices occurs, as the value of projects, especially those implemented for long years, will be valued in dinars according to the current exchange rate, and any change in the exchange rate by the state during the next few years will lead to... Change the cost of projects. Source: Baghdad Today LINK
Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy, 27 SEPT
Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy, 27 SEPT
In a decisive move to strengthen the local currency, the Iraqi Council of Ministers has mandated that all local contracts be denominated in Iraqi dinars. This decision is a notable departure from the previous norm of executing contracts in US dollars. However, an exemption is made for contracts established through external bank-issued “documentary credits.”
The Ministry of Planning has been entrusted with the task of compiling a comprehensive list of former state contracts initially denominated in US dollars. This list will be shared with the Ministry of Finance and the Central Bank of Iraq in an effort to ensure a smooth transition to the new policy.
Limitations on Dollar Coverage
As part of this shift, the Ministry of Planning will also set a maximum monthly limit for the coverage of contracts in US dollars. The Central Bank of Iraq is tasked with guaranteeing coverage at an exchange rate of 1,320 dinars per US dollar. To facilitate monthly payments for these contracts, the allocated funds will be deposited into the Ministry of Finance’s account, adhering to all necessary release controls.
The new policy also introduces a significant change for Iraqi borrowers from government banks who have taken loans in US dollars. These borrowers are now obliged to repay their loans in Iraqi dinars. The Central Bank of Iraq will cover these loans in US dollars, which will subsequently be used to reimburse the lending banks. Notably, this procedure is only applicable to loans issued before the Council’s recent decision.
Strengthening the Iraqi Dinar amid Devaluation
This strategic move comes in response to the devaluation of the Iraqi dinar over the past year, largely attributed to measures taken by the United States in late 2022 to prevent money laundering and the flow of dollars to Iran and Syria. These actions led to a significant drop in the street value of the Iraqi dinar, which fell to nearly 1,750 dinars per US dollar. Through the new policy, the Iraqi government aims to stabilize and strengthen the local currency by increasing its use in internal transactions.
The shift in Iraq’s monetary policy is a significant step towards reinforcing the local economy. By increasing the use of the local currency in internal transactions and setting strict parameters for the use of US dollars, the government is taking active measures to curb the devaluation of the Iraqi dinar. However, the effectiveness of these measures will depend on their implementation and the response of the local and international market.
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