Pimpy Trump did not buy Iraqi dinars. You realize Trump has been tied to Iraqi dinar way before he was the president? …You have to be careful about where you’re getting your source from...There are no articles out there that confirm this at all…There’s no, and I mean none, proof out there that Donald Trump owns Iraqi dinar…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The TV just said the main objective of the second phase of the banking system is to have the Iraqi dinar regain its former strength. They also said they are expecting the budget to be passed before the 9th of June. FRANK: They are telling you they are still on course to add value to your currency. Nothing has stopped... FIREFLY: They just said it that budget when approved will need a new rate to make it work correct. FRANK: Don’t you love it when your leaders tell you their goal is to regain the value of your currency because this is what they promised you.
Kaperoni Iraq doesn’t prosper by raising their exchange rate, Iraq prospers by creating the conditions for the world to invest in Iraq. A country’s exchange rate ultimately is a reflection of that success, not the other way around.
Militia Man I don’t think anybody’s going to be able to prove me wrong, you drop the three zeros, the exchange rate changes from 1 USD to 1.32 just like al-Sudani says. Do the math it comes out to .76, apply the real effective exchange rate and that’s where the show starts big time… .76 is $0.76 – it’s slightly less than the dollar. That’s value. It’s not .0007 something. It’s value. That’s what they’re talking about – Bringing value to the currency. That’s what Al-Alaq is there for.
Pimpy Article: “Iraqi Dinar: IBBC issues major new paper on De-Dollarisation of Iraq” There’s a new study/report that has been released…As you can imagine it talks about the currency state that Iraq is in, steps that need to be taken to improve the situation and of course there’s talk about the exchange rate…
Nader [Post 1 of 2……] Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn’t work for them too much. The government didn’t expect that to happen even by telling them that the dinar are stronger…use the dinar instead of the dollar for the benefits of the country. They tried everything. Now, they said that plan didn’t work so they come out to the new white paper…They realized they cannot do nothing without changing the exchange rate.
Nader [Post 2 of 2] They’re going to have to go down in the exchange rate for the de-dollarization…They’re going to have to change their exchange rate…Between now and 8th of July we should have an answer… what they going to do? Are they going to change the exchange rate…keep it the same…go up…go down? I think they’re going to have to go down on the exchange rate a lot for them to take off the dollar from the street. [NOTE: Go down here means go up in value of the dinar to the dollar.]
MarkZ Question: How do the historic bonds and currencies differ for the RV? MarkZ: Currencies are part of the RV (Re-Valuation) whereas historic bonds are the process leading to the global reset. Historic bonds have to be settled before the reset and the bonds will give liquidity to fund the currencies.
Clare Article: “Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy.”
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing a report on paper from IBBC on the de-dollarization inside of Iraq. They’re telling us they’ve been doing it all this time…They even talk about that part from the World Bank discussion on changing the dinar exchange rate. It’s powerful. This is all on the news. FRANK: The monetary reform education to you citizens will get very loud…
Mnt Goat I wanted to share an interesting conversation I had…with my CBI contact this past Wednesday…I was told that the committee to work on the Project to Delete the Zeros has sent the CBI prepared articles to the news media for the sake of educating the citizens on the upcoming process. However, they are dated and so they are for the near future and not for current news. Yes, they are getting ready and moving ahead.
yada Article: “Parliament sets next Monday as the date for the session to approve the budget schedules” …we are not waiting on their vote, their vote will happen after the release of the rate. IMO, the rate for the budget voted upon in June 2023 is what we are about to see…any moment. The budget they vote on on Monday is the rate change for the newest contract since Jan 24 this year…All the more expecting to see the rate any moment now.
