RayRen98 REPORTEDLY, THE “U.N.”-RELATED DELAY HAS BEEN RESOLVED. SOME 3 LTRS ARE SAYING “LOOK TO THE AM” FOR SOME EXCITING REALIZATIONS.
Militia Man Obviously the budget is going to need to have an exposure of an exchange rate. After all these months, 8 months, 9 months, 10 months, why haven’t they gone international at 1310? Why haven’t they been put on the Forex at 1310 so they can…pay for all the roads, pavement, buildings, schools and try to find investors to physically come in with not a freedom of capital movement? I don’t think they’re ever going to be able to do that without having a Real Effective Exchange Rate.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Not seeing anything about the lower notes but…Saleh was on TV talking about how hard it is to stabilize a currency saying many things go into this and said the dinar is stable now and secure…He is opening up more to us on the progress of the monetary reform… FRANK: They give you all this monetary reform education because they are about to give you your purchasing power from it. If the purchasing power was not coming to you they would never have promised it to you in their speeches and you wouldn’t be seeing your country exploding the way it is right now.
MarkZ [via PDK] I am not hearing we are waiting until after the election.
Walkingstick [Iraqi bank friend Aki update] New York is to remove the red tape that the United Nations is still holding on the banks of Iraq that are not participating in the monetary reform. These sanctioned banks may stay sanctioned or be shut down completely. It really doesn’t matter to the monetary reform process but this is something that is needed to be done.
Breitling I went from I believe in this 100% to I’m on the fence. I still think it’s going to happen but these guys need to watch their shit because we’re not screwing around. Do you understand how big these moves are that we’ve made? …We’re financially containing our enemies in the Middle East and doing our best to help our friends flourish in the same region. That’s a tough juggle…We’re going to penalize Iraq…I haven’t jumped ship yet…
Fnu Lnu With the RV drawing near, the crazies are coming out of the woodwork…First of all, The redemption centers ARE the same as the banks. They are merely off premises due to an expected increase in traffic. They are not separate entities. Secondly…”The Law of One Price“…states an instrument cannot be sold in different markets at different prices. In other words, the “redemption Centers” (banks) are NOT going to offer you an exchange rate three times what the “Banks” give you. IT IS ILLEGAL! The rate will be the rate no matter where you go. The only thing that may differ is the percentage of the fee. This fee is usually 2% but that isn’t etched in stone.
RayRen98 …MORE US BANK STAFFERS ARE REPORTING SIGNING “NDA’S” ARE CLAMMING UP… ANOTHER PROVINCE HAS BEEN REPORTED HAVING “LOWER DENOMS” BEING DISTRIBUTED IN SOME MANNER, AWAITING FURTHER COMPLETE DETAILS, IF ANY….IF WHAT THEY’RE TELLING ME IS TRUE…SOME OF YOU ARE GONNA GO TO SLEEP WEALTHY $$$$$$…IT’S YOUR SEASON….TO BE BLESSED!!
Militia Man Article “Iraq is the 9th largest buyer of gold in 2024” If they clawed back enough money to help buy 100 tons of gold, man, there’s been some heavy, heavy corruption. I’m assuming their recent income from non-oil revenues has had something to do with it as well.
MarkZ [via PDK] I am certainly hearing we are just waiting for the switch to be pulled….and this is going to be an amazing week and we are going to see great things…Rumors are bouncing all over…even with the groups…but substantial news is a little slim…. From the group leaders there are tons of rumors about the immediacy of this thing. Including the rumors that money is positioned and they will start doing smaller groups as early as today. …But until we can substantiate them…right now…it’s all just rumors…We will wait to see what happens before we get to excited. Things are certainly heating up.
Samson Article: “ ‘Theft of the Century’ Draws Transparency International to Baghdad“
Frank26 Article: “Is Iraq headed toward printing new currency?” One of the executive levels of Iraqi Bank told us, don’t pay attention to this. It doesn’t make any sense…We spent over $50 million printing the lower notes. We’re not printing. When a country has high inflation, you print more currency, you add more zeros. Our inflation is 1%, maybe less than 1%. We already printed the currency we want, the lower notes.
Walkingstick [Iraqi bank manager in Dearborn Michigan update] Aki talks to the CBI and he knows what’s going on. He was very surprised we have not asked him about the pictures that are being shown on [Iraqi] television of the lower notes… [We] trust Aki very much. Every time Aki shares something…it comes out.
Militia Man Pay attention to what goes on in New York City in the next 24 to 48 hours…
Mnt Goat Article: “IS IT TIME TO REMOVE THE ZEROS?” Article Quote: “…with the use of electronic payment operations, the environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it.” …the CBI wants this event to be almost transparent and smooth to the citizens…the solution is to digitize, then this will enable them to switch out the currency almost seamless to the citizens…They must implement the digitization program first in ALL banks… Iraq is optimistic in getting the electronic initiative completed sooner than later. They are not talking about years.
MarkZ [via PDK] Question: wouldn’t it be beneficial for Iraq to revalue sooner than later especially since what a 23 24 25 budget has been passed but yet we’re nearly into 25 and there’s nothing that’s benefiting them? MarkZ: it would be beneficial for them to revalue sooner. I can tell you that they want to.
