Militia Man There’s consequences if you don’t play by the rules. Nothing wrong with playing by the rules. I suggest you do that. If you make a whole bunch of money and you have taxes, pay them. I’m looking forward to paying my taxes…catching up…I don’t know how many of you folks got hit by 2008. I’m telling you I know I did…Be cautious…Get professional advice…Get sound advice.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: They tell us no matter what the dinar is stable and it is strong. FRANK: A program rate is not stable or strong…It’s completely worthless. It’s not strong. It’s not stable. What are they telling the citizens? FIREFLY: New changes once they are implemented and take hold it will be a backbone of security for our economy and our banking system. FRANK: That’s why Alaq is in New York right now. Security and stability being established for the monetary reform...What are they trying to tell you? That you have a new exchange rate…lower notes coming to you. None of this is going to work at a program rate. It can only work with the new exchange rate to add purchasing power…
Fnu Lnu Contract Rates all happened many years ago when private buyers contracted to buy Dinar at a specified rate, per contract. It was not an exchange. It was a private sale. Those all closed many years ago and there are NO MORE contracted rates…PERIOD! I hope this clears the air…
Kaperoni Article: “Government advisor explains the possibility of using the dinar instead of the dollar in oil sales” Interesting quote from Salih in that article… Quote: “The strength and stability of the Iraqi dinar will remain linked to the factors of real growth and diversity in the national economy,”
MarkZ [via PDK] A lot of people calling for it to start within 24 hours. There is a whole lot of chatter with groups who are expecting money movement at any moment or over the weekend. The rumors out of the groups are everybody will be working this weekend. Group leaders are all charged up and ready…we hear Al Alaq (Governor of the CBI) is to go from New York to DC today. We are hopeful it means something…. Comment: Slowly, Slowly, SUDDENLY. MarkZ: I think we are finally at the suddenly part.
Militia Man There’s no inflation so there’s not going to be a lop…They’re going to add value to their currency. Why? Because they have valuation.
Walkingstick [Iraqi bank friend Aki update] Question: You’re asking us why we are not talking to you about these [lower note] commercials. Can you tell us more about them? AKI: Yes, they are coming out. This is the media campaign we told you about. It’s getting faster and faster and louder and louder. The purpose is to show the citizens the newlower notes and more information. These commercials are coming out at any time now…Nothing is in the way to block this next step. It is a massive media campaign. [Reference Walkingstick’s post from 8-27-2024 below]
Clare Article: “Al-Sudani to Al-Sisi: Iraq is capable of being a meeting place for the countries of the region”
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy [Iraqi bank manager friend] said the CBI wants the entire deletion of the 3 zero project to go smooth and have very little impact on the citizens…That’s why the whole thing is going digital. This way the CBI can switch out currencies so easily… FRANK: Brilliant Sudani! Brilliant Alaq! Brilliant Dr. Shabibi wherever you may be, Rest In Peace. FIREFLY: It’s going to be automated and the citizens won’t even feel it when they switch over to the new exchange rate. ‘They won’t even feel it’ is the words from Saleh. Saleh also say the solution coming will lower the dollar exchange rate.
Militia Man Iraq has some of the largest deposits of phosphates and sulfur…massive world class gold supply…rare Earths…liquid natural gas and they have…tourism… They all generate income… The Development Road Project…you’re going to find taxes and tariffs at the borders. There’s going to be a lot of revenue, a lot…Back in Saddam Husain era [the dinar] was around $3.22. It may have been considered a little bit overpriced, should have been more about $2.80…It’s at 1310 right now! There’s a big difference. Now you have to add all those things I just mentioned. The valuation of a country. That’s what they have to do… Sudani wasn’t lying when he said the dinar is going to be stronger than the dollar…
MarkZ [via PDK] Comment: Wealth manager sent out memo saying the dinar is a scam. MarkZ: Well if it is a scam – Trump invested in it, Warren Buffet invested in it…the US treasury has invested in it. I believe even George Soros has invested in it…and almost every central bank around the world has invested in it. So if it is a scam…well, all the smartest people in the world fell for it.