jeff

Redenominating only impacts the citizens in Iraq…In country a 25,000 note becomes 25.  In Iraq, purchasing power remains the same….A new smaller 25 note will buy the same bag of […]

There’s the money supply that remains physically in the country [of Iraq] and outside the country…100 trillion is the amount that remains around the world.  But the bulk of that […]

Banks will have machines that will count how much total currency you have.  They have different ways they can authenticate it.  Some of their machines that do the counting and sorting […]

The two currencies will coexist together, large notes and small notes for a period of time…Deleting three zeros is the phasing out of larger notes.  You got to phase out […]

What does it mean to remove zeros from currency?   This…has nothing to do with an exchange rate…Iraq used to have hyperinflation going clear back to Saddam.  That’s why they added all […]

The money sent from the United States to Iraq this week was dollars.  We don’t pay Iraq’s salaries.  They don’t pay their own salaries in dollars.  The $500 million is […]

Most of us believe this is a reinstatement…What did it devalue from back in 2003?  …$3.22.  If  we take the sanctions off, it should reinstate to at least $3.22…Historically Iraq’s […]

Most news is about unpaid salaries and what they’re going to do to work towards resolving that. But I want you to realize brokers are also coming out telling us […]

They have money to be able to pay all their other bills and payments.  Isn’t that interesting?  Another thing too, there’s been times in the past they haven’t been able to […]

We saw two articles that said the completed formed government is what allows Iraq to enact the major reforms…A completed government is going to happen very close to the timing […]

Sanctions…that’s the handcuffs on Iraq.  As soon as they take those off, Iraq can go international.  Those come off when the rate changes.  They happen together simultaneously…allowing them to go […]

There’s a massive currency shortage.  They’re claiming it’s due to lack of oil revenues from the war… Iraq talks to you out of both sides of their mouth…You need to […]

Question “I got my dinar in Iraq at a military base.  I don’t have a receipt?” Receipts are not critical in this.  The banks have machines that should do three […]

Right now Iraq is claiming they only have a currency shortage to pay salaries.  They can pay all their other bills.  I searched the news for two hours a day.  […]

This article is from Father’s Day of 2021 and is by the financial advisor Salih (former #2 guy at the central bank under Shabibi) “Monetary systems aspire to remove the […]

Article quote: “Iraq has experienced a shortage of dinar liquidity making it increasingly difficult for the government to finance public sector salaries and operational expenditures.”  This news right here to me suggests […]

Question: “Is there any connection between Iraq’s currency revelation rumors and the US Digital Asset Market Clarity Act?” Jeff:  No.  The Clarity Act has nothing to do with Iraq or the revaluation.  That’s […]

Question: “How does [dropping the zeros] give [Iraqi citizens] purchasing power?” Jeff:  A 25 note, the smaller notes, could buy the same amount as the larger notes.  In other words, […]

Question:  “Why is it so hard to find a bank as of right now to take IQD?” Because Iraq is under OFAC sanctions.  You have to go to brokers…Maybe CitiBank and […]

Article:  “Will the the federal government Remove Three Zeros from the Iraqi Dinar?”  The perception of that goes two directions:  You have what’s going to happen inside Iraq and outside of Iraq…They […]

Going back to the 60’s the value of Iraq’s currency has always been $3+ and slightly above Kuwait’s currency…Kuwait’s currency value today is at $3.22…Historically Iraq has always been above […]

What brought the value of the dinar down?  It was Iraq getting placed under US sanctions.  US OFAC sanctions very simply brought the value down.  What happens when you take the sanctions […]

Trump made two statements [back in his first term].  1. They need to pay us.   2. We have 35 billion of their money… How could we have $35 billion worth of […]

Iraq has been stalling and delaying the cabinet all the way since May with making no efforts to try to resolve the cabinet.  That’s because the cabinet isn’t an issue.  […]

They’re telling you they’re having a liquidity crisis around the time they’re preparing to revalue.  One of their goals when they go to revalue is to get the large 3-zero […]

Saudi and the United States struck Iran foreign backed militias within Iraq.  To me that’s probably the very last final piece to this from a security angle.  The Iran militias were […]

Iraq talks out of both sides of their mouth…Articles are partially true and partially misleading.  They have some truth and some inaccuracies in them…Unfortunately we don’t control Iraq news, they do. […]

About 10 years ago I was part of a private dinar group and a member from our group submitted a form under The Freedom of Information Act to the United […]

Banks in the United States are told not to engage with customers who ask about the Iraqi dinar.  They don’t exchange it today because they [Iraq] are still under US […]

Changing the rate and running the country is no different than a business.  You have to know how much money you have.  What they’re doing right now before they finish their […]