jeff

Deleting the three zeros means strengthen smaller notes…so that smaller notes after the rate has changed can do what large notes did before the rate changed.  The only way to […]

Record articles talking about deleting the zeros.  They’re saying right now it’s actually agreed upon.  We can’t say it’s approved because it hasn’t gone through parliament.  But it’s a decided upon…not approved.  […]

[Larger 3 zero notes and new smaller notes] are going to coexist together for about 90 days before the larger 3-zero notes are completely phased out… : Jeff

The budget comes after the rate change…the pseudo ’26 budget and the cabinet are coming to a head at the same time…A completed cabinet is the lynch pin to the […]

Question “Do you think Iraq will void currency notes?” Jeff : No They’re not voiding any currency notes.  They’re going to be phased out but not voided.

The investment is getting real.  You’re seeing some real evidence of what’s coming forward…The rate cannot change until you see the lynch pin, a completed cabinet.  The cabinet has to […]

Question:  “What would you say is a minimum amount of dinar one should have? Jeff : That’s up to you.  Whatever you can comfortably afford without breaking the bank.

Article:  “Al-Zaidi confirms that a US official stated Iraq will enter a new phase starting next October”  This could be perceived from some different angles.  It’s almost suggesting Iraq is going […]

They have 150+ laws all sitting on standby waiting for the rate to change.  Overall, Iraq has very little to do because they’ve been waiting so long for the rate […]

There’s nothing wrong with deleting the zeros. It’s part of the steps of adjusting their currency value.  It’s a good thing not a bad thing…

Only in the country of Iraq a 25k becomes a 25.  Outside the country when the rate goes to change, the two currencies will coexist together for a period of […]

You don’t need to worry about the money supply total like the M0 figure.  What you need to worry about is how much dinar physically remains in the country because […]

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, […]