Walkingstick

The pause of monetary reform is due to smuggling, the profiteering of Iranian politician who own outlets.

    How do you increase the value of the IQD?  ‘Monetary Mass’…the amount of currency in circulation…  You can’t reduce the value of the American dollar but you can increase the value […]

You should not panic if we do not see the new exchange rate just yet.  I can be changed at a moment’s notice.   Why?  Because a new exchange rate has […]

1200 to 1000 IMO is the instructions of the budget, is the instructions of the monetary reforms next step.  The instructions is part of the exchange rate and the exchange […]

The articles are not keeping up with where the monetary reform is right now.  It is far more advanced than the articles are indicating…the budget is primed, locked and ready…one […]

Question:  “Article 304 – It’s one of the things we’ve been waiting for haven’t we?”   It’s one of the things we’ve been waiting for yes.  In a nutshell 304 is […]

It is more sound.  It is more logical.  It is safer at the onset that the rate should at least be 1 to 1 with the American dollar.  Then a […]

They are talking about the float now.  They are doing a lot of work about the international connections and everything that’s connected to the float… 3 to 1 at the […]

They are talking about the float now.  They are doing a lot of work about the international connections and everything that’s connected to the float… 3 to 1 at the […]

The plan is to de-dollarize Iraq as much as possible.  They’re doing a very good job.

The plan is to de-dollarize Iraq as much as possible.  They’re doing a very good job.

The idea is to get rid of the 3 zero notes.  The idea is not to print more 3 zero notes.

Article: “The committee members…” That’s a group of people other than Alaq, “ask a number of question regarding the reason for rising exchange rates…” …What they’re asking is what type […]

Question:  “1700 or Chapter VII they are saying to Iraq.  What would you liken that to?”  A wake up call.   They’re not going to do it, but they said it, […]

Iran wants to stop the HCL because Iran can’t exploit Iraq’s money anymore.  Their money grabbing is coming to an end and they are very angry about this…you would think […]

The HCL is a number of laws within a law…there are many parts and they all equal a new exchange rate.  The new exchange rate is the reason for the […]

The HCL is a number of laws within a law…there are many parts and they all equal a new exchange rate.  The new exchange rate is the reason for the […]

Things are happening.  Interesting enough they are not putting out articles fast enough.   There’s things…that are not even in articles that are rather important…

Things are happening.  Interesting enough they are not putting out articles fast enough.   There’s things…that are not even in articles that are rather important…

Iraq has a tendency to get in its own way.  That’s a fact of Iraq life, of the Middle East life.  But the reforms point only one way – a […]

Iraq has a tendency to get in its own way.  That’s a fact of Iraq life, of the Middle East life.  But the reforms point only one way – a […]

That CBI meeting with the big three took place today [yesterday]…they were given the timing of the release, value, note count and type of denominations. 

There is a meeting the CBI is doing right now.  This meeting is very important.  It is about the HCL…Iraqi Stock Exchange and the Erbil Stock Exchange.  Basically it’s the […]

There are no restrictions on the Iraqi dinar?   Yes there are…It’s still a program rate.  That’s a sanctioned rate.  The Iraqi dinar is in position to trade internationally when they […]

After the new exchange rate goes to 1 to 1 this 64 trillion dinar budget would be on par with 64 billion dinars.  Notice that’s dinars to dinars.  That would […]

[via Frank26]  It is unlikely this budget is 65 trillion dinars.  It’s more in the billions.  We simply wait for the budget to show us a new exchange rate…it’s all […]

[via Frank26]  Now that the budget is in the Gazette what’s next?  To show the new exchange rate.  If the rate is not in the budget remember they can change […]

[via Frank26] [Walkingstick’s Iraqi Bank owner friend report]  It looks like on June 1st they want every point of sale device that has been handed out already to go live […]

The ATMs are on.  They are active.  They have been turned on.  The only problem is the citizens aren’t using them yet…  [Walkingsticks bank friend here in the US] bought […]

[via Frank26]   This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate.  The program rate is being officially removed