Frank Question: “The deleting of the zeros, would that lessen our dinar that we have here in the U.S.” Yes, because…the moment they delete the 3 zeros it’s going to add value to the currency and that’s what you’re waiting for – For them to add value to the currency so you can take your 3-zeros to a bank and exchange them for American dollars.
Clare Article: “Iraq will become an “alternative” to the Suez Canal” Quote: “Iraq will become, during the next few years, a ‘center’ for international trade between the East and the Middle East and the West.”
Goldilocks Article: “Viet Nam’s Minister of Finance and Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region” Quote: “As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency.”
Militia Man They are ready to resume exports at any time. Why? Because they have the systems in place. Iraq’s natural resources are phenomenal…these guys have so much natural resources it’s not even funny.
Walkingstick Sudani is not going to go see Biden with a resigned executive order 13303 because it means the monetary reforms new exchange rate is free as bird to come out. It means Iraq is a sovereign nation now with a sovereign currency…Sudani goes to Washington on the 15th…to announce a new sovereign and confident Iraq under new the new leadership of Sudani and his staff…
MarkZ [via PDK] Comment: Praying this is the weekend we have been waiting for. MarkZ: I’m with you about this weekend. Either way I feel doggone good about April…A lot of people have been told its coming– It’s coming for so long that they don’t jump anymore when told its time for things…now suddenly it appears its time for things – so a bit of scrambling going on.
Pimpy [Post 1 of 3…….] The protection of Iraq’s assets and funds were because you had tons of individuals…companies and corporations…nations going after Iraq for one reason or another…If everyone was allowed to sue Iraq then it would take forever for Iraq to recover…What we need to find out is once the protections are lifted are those individuals that could have sued Iraq in the past able to sue them now? What they’ve done is turn over all of the money to Iraq to handle from now on.
Pimpy [Post 2 of 3……] Here’s the good and the bad of everything…With Iraq in control of the Development Fund they have access to that money…There are no restrictions on it. They don’t have to ask permission to get the money when they do their budget. That is a huge step forward. In addition to that it just wouldn’t look good for Iraq to go into the World Trade Organization having anther country control the money that you use for trade or anything else. So yes, that is another huge step towering reinstating full sovereignty for Iraq.
Pimpy [Post 3 of 3] The only thing left is to remove the troops out of Iraq. No more coalition forces…US military, get them out of there. Then Iraq would have full sovereignty. It is exciting. But the real reason why the United States closed the fund is because…there was an audit done, there’s billions of dollars missing…The big question is, well who’s responsible for those missing billions? Is it the United States or is it Iraq? Not to mention the money that was sent to Iraq for projects were being mismanaged, misused and somehow come up missing…
Frank26 The exchange rate is in the budget to be voted on by parliament. But the budget is waiting for the new exchange rate. The budget is not waiting for any vote on parliament.
Mnt Goat [Post 1 of 2……] What are the next steps? We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for.
Mnt Goat [post 2 of 2] But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros… there is much work to be done yet before we go off to the bank to exchange…So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros…
MarkZ [via PDK] I know a person in banking that helped to set up 3 redeeming locations. Now whether you want to call them redemption centers or redeeming banks …these are locations that have trained their personnel and has the equipment to handle the process. You can call it whatever you want. One location in N. Carolina borrowed my currency and me to help make certain their staff was trained. For me they are very real.
