Frank26 There is a plethora of very good informative monetary reform education articles that are coming out that are causing this great pressure of information, a venturi effect of information to the Iraqi citizens. This is the time to do that…We say to ourselves, ‘Wow! They’re telling the citizens they’re going to add value to their currency by giving them purchasing power by lifting the three zeros from the exchange rate. Wow!’…This monetary reform education right now, it’s so much of it. It’s cornucopia that is filled. It’s a piñata that got busted open and it’s spilling everywhere, every day.
Clare Article: “Iraq suspends official work tomorrow, Wednesday” Quote: “The Iraqi government decided to suspend official work tomorrow, Wednesday, on the occasion of Christmas…In Iraq, Christmas is an important religious and social occasion celebrated by Christian sects, where prayers are held in churches amidst a spiritual atmosphere, cities are decorated with trees and lights, and celebrations reflect the values of coexistence and peace among the various components of Iraqi society.”
Militia Man I believe they’re at their end of the road and we’re watching amazing events come to a close…Let’s watch and see what happens. It surely looks powerful my friends. I really do believe it looks really really powerful. I think people would be going, wow, this is real. Yeah, it is real. I’m excited everybody...I hope everybody has a Merry Christmas and God bless…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: All banks according to Mr. Sammy have stopped all cash transfers from today to January 7th as part of early inventory. We have declared a two-day holiday on Christmas and then the next day. This is the first time that we’ve ever done anything like that on Christmas. FRANK: Soon you will have purchasing power for the first time in a long time. FIREFLY: This will also mark the end of using or handling cash as ever before…We’re going digitally with a new rate…
MarkZ [via PDK] Right now I have people who are absolutely positive it is happening this week. They are ending auctions in Iraq and I am being told it’s the 28th-which is a Saturday. I think the worst case scenario with People I know is somewhere between now and the 7th…or right after the inauguration…I feel it’s about 80% to happen before Jan 1st…
Clare Article: “Expected rise in the dollar… ‘temporary shock’ awaits the Iraqi market” Quote: “Foundation for Economic Studies and Consultations expected, today, Monday, December 23, 2024, an increase in the dollar exchange rate during the next few days, following the announcement by the Central Bank of Iraq to stop the currency transfer window platform.“
Mnt Goat “REASONS FOR THE DELAY IN SENDING GENERAL BUDGETS IN IRAQ AND ITS ECONOMIC REPERCUSSIONS” …Iraq is trying desperately to fix the system they have in place of budgeting. The article tells us the system has been an ongoing issue and needs to be fixed. It lists the issue involved and is very informative. I will tell everyone…The hold up of the budget is NOT about the RV…I can tell you for sure with 1000% assurance the hold up of the budget implementation is NOT due to waiting for the new RV rate.
Frank26 IMO the lower denominations, the lower notes that will be passed out are now in the [Iraqi] banks, are now in the position ready to be handed over to the citizens…
MarkZ [via PDK] Article: “EU: Iraq’s development path is an infrastructure for the entire region” This development road will be connecting ports and up through Turkey giving a safe export path for the European market. It is going to be vital for the entire region and for Europe. Think “International”.