Although the IMF, World Bank, Iraq, and etc., may have working out the new dinar peg and all the so-called paperwork and approvals necessary to roll out the IQD back on FOREX may be done, there is still the process of the Project to Delete the Zeros that has to be followed to make this effort successful.
The Project To Delete the Zeros cannot be skipped. So, I also have to say we are NOT going to just see the IQD pop out on FOREX some morning when the exchanges open with prior knowledge that it is coming. The citizens of Iraq must be informed of any rate changes in order to conduct the Project to Delete the Zeros. It is really that simple, get it? My contact in the CBI has told me many times that this will be the case and so who am I going to believe.
It simply does not work like that. Remember the many articles that Iraq talked about in many other countries in the past that did their redenomination? If you care to research, they also did the swap out prior or in conjunction with a “revaluation” of their currencies. What makes you think Iraq will be any different when it is time comes? Why do you think they are sending out all these articles? It’s called educating the citizens.
How many articles do we have to read that tells us about the forthcoming swap out process. I even showed you a video or the process that was aired and is still being aired on LIVE Iraqi TV. Why in hell are they educating the citizens on this event if they are going to go straight to the reinstatement and skip this step?
Instead, Iraq MUST and I mean absolutely without a doubt in my mind, I am telling you, that the Central Bank MUST also conduct the swap out of the older large three zero notes to the newer lower denomination in order to be successful in this process.
It is early October and the US elections are just a month away. What will happen after the elections? I am telling you that with 1000% certainty the reinstatement will not happen until a new US administration is in place and that administration regardless of party affiliation must NOT be in line with the globalist agenda of corruption, manipulation and constant wars. I know many of you even after I talk about this still don’t get why this is all so important.
So, in today’s news we have many new measures being taken by the CBI to help in the banking reforms saga. Let me address the list of them today in our journey down the railroad tracks on the train trip to the RV. Please take some time to go read these articles and learn what is REALLY going on in Iraq.
The article titled “CENTRAL BANK OF IRAQ: ALL EMPLOYEES MUST OPEN BANK ACCOUNTS BEFORE THE END OF MARCH 2025” All I can say is “its about time”. I have been saying this for over 10 years now to watch for this move by the CBI. What took them so long? They took so long because they had to move to the next phase of the electronic transformation, but only once the gained the confidence of the Iraq citizens in the banking system once again. It appears they are there now. So, on Sunday, October 6, 2024, a number of employees of the Kurdistan Region received their salaries for the month of August through the “Hesabi” banking project. In this context, an informed source in the Central Bank of Iraq told Kurdistan 24 that the agreement concluded between the Kurdistan Regional Government and the federal government obliges all employees to open bank accounts. The source confirmed that employees who do not open a bank account and do not register in the “Hesabi” project until March 2025, will not be able to receive their salaries. The source explained that there is no difference between the Iraqi localization project and the bank account project, as both come in response to the request of the US Federal Reserve.
The next article in banking reforms comes under the article titled ” DIGITAL BANKS: THE NEXT PHASE OF DIGITAL TRANSFORMATION IN THE EGYPTIAN SECTOR” So, with steady steps, the Central Bank continues to implement the banking reform strategy, one of the main objectives of which is to achieve digital transformation in the banking sector, which the Central Bank began in 2017 with clear stages included in its first, second and third strategies. During the past two years, cooperation between the government, with the personal support and follow-up of the Prime Minister, and the Central Bank was a fundamental step to activate and accelerate the transformation to digital government and the transition from a cash economy to a digital economy. This is an absolute necessity to begin the process to delete the zeros since they plan to shrink the monetary mass by almost 2/3.
Next we read in an article titled “IRAQ RETHINKS BANK MERGER PLANS“. In other words they decided to continue with the plan and not delay in carrying it out. My CBI contact told me this is being done under advice and pressure from the US Treasury now in Iraq occupying offices in the CBI. They are there to stay until these Pillars of Financial Reform are completed which also means to follow through to the end to the reinstatement. This is exactly what I was expecting to hear in the news at this time.
When we read news as in articles such this one titled “IRAQ LAUNCHES FINANCIAL TRANSFERS IN EUROS” we can now clearly see that the writing is on the wall of what the future brings for Iraq. There is no other reason for doing this other than to become the financial powerhouse of the middle east and to be the powerhouse they will definitely need a tradable currency at a rate conducive to what they are doing. This news was announced during the reception of the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the Ambassador of the Republic of Turkey to Iraq, Anil Bora Inan, with a delegation of representatives of Turkish banks operating in Iraq, according to a statement by the Central Bank of Iraq. This action coincides with the launch of financial transfers to Turkey, according to a new mechanism carried out in the euro currency and implemented within Turkey through its banks. This mechanism, which is being applied for the first time, will simplify trade coverage operations with high fluidity and speed. Iraqi banks will need this ability for what they have planned.
Then in yet another article titled “WORLD BANK: IRAQ HAS MADE PROGRESS IN IMPROVING THE BUSINESS ENVIRONMENT, MAKING IT GLOBALLY COMPETITIVE” we read that the World Bank confirmed on last Thursday, that Iraq is witnessing a major transformation in improving the business environment and public services, which has made it competitive globally. The Ministry of Finance said in a statement received by the Iraqi News Agency (INA): “The World Bank issued the Business Ready 2024 (B-READY) report, which showed that Iraq is witnessing a major transformation in improving the business environment, and clarified the progress made by Iraq in vital areas such as regulatory frameworks, public services, and operational efficiency.”
One more important article titled ” DIGITAL BANKS IN IRAQ“. This is a very good article on just what Iraqi digital banking is all about (no physical bank. Not all Iraqi banks are digital banks but all of them must convert to electronic banking practices. The digital transformation process in the Iraqi banking sector, which is proceeding at an accelerating pace, coincides with the emergence of so-called digital banks, which are a new experience for the entire world. So, exactly what are digital banks?
A digital bank is known as a bank without branches and has no physical presence, as it provides its banking services remotely, by carrying out operations with its customers using internet platforms, phone or tablet applications, and other electronic channels based on modern technology solutions, which means that it does not practice banking operations that rely on paper documents such as checks, payment restrictions, bank transfers, and others. We will more than likely begin seeing these digital banks also in our countries of the west. If we are not careful this may lead to a pure digital currency and this could already be on the horizon for Iraq even though they have announced in the recent past they are NOT going to a digital currency. But won’t digital banks force the currency to be digitized?
The answer is not necessarily, if the country remains with paper and coins also in circulation. This is where it gets tricky. The banking cartel would love to have just digitized money, as they can then control everything and everyone by the actions of the government. To have a total digital currency there would have to be the use of a card swipe (we already have this with debit cards) or a chip implant under the skin somehow. So, if we pay attention the globalists have been already getting us SLOWLY used to the idea of a cashless society. It may not happen under this generation but I assure you they will try and try until they can do it and thus control your entire life. if you are not familiar with all the negative ramifications of this just think of one serious one called forced vaccinations. This one along puts chills down your spine. No vaccine then no money as you could be cut off from your bank account in a nanosecond. This brings us to yet another article. This is the last one I will review with you today, but an important one too.
This article is titled “IRAQ HOLDS WORKSHOP ON NANOTECHNOLOGY“. This one scares me the most as man is learning to control nature way beyond the means to control the use of this nano technology for useful purposes only. The Iraqi ministry of planning has held a workshop on nanotechnology, highlighting its potential as one of the most advanced scientific and technological developments in recent years. I highly recommend that everyone reading this Newsletter today go and research what this nanotechnology is really all about, as they are vague in this article. Again, like all science it can be used for the good of mankind or for his demise. But who is to stop and prevent the bad? Who is going to control it. Remember nuclear fusion? It is a blessing and a curse.
