The ships that are sailing these days are not the one you are waiting for; the sad truth is that you must wait your turn in these turbulent times. Wish the news could be different and even more upbeat …….
Some of you continue to argue with whether this project has any bearing whatsoever on the upcoming Breakout??? It Does !! It Will !!
The end of it will be a nice surprise for most of you, though many who knew about this program have given up and many have passed over. It is a good idea to let your families know what you have invested in and make clear your plans along with any codes needed to open any vaults in your computers or phones or tablets.
The news is all over the board. Just stay attuned to the higher vibes and out of the fear porn, out of the gaslighting yuck and the fake news that is everywhere !!
Gesara and Nesara are going to have an impact on overly burdened people. However, the funds in place have been sliced away and how all of that will play out is just not in the lineup for the powers that be right now……
Hang in “The Best Is Yet To Come”.
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DID YOU KNOW?
When one looks at why there are great expectations of currency revaluations you have to go to what caused it to devalue in the first place. In theory, reverse what caused it to devalue and it “revalues”.
The Iraqi dinar has experienced significant depreciation over the years, particularly during and after periods of conflict. The highest value of the Iraqi dinar compared to the U.S. dollar was prior to the Gulf War in 1990. In the late 1980’s the exchange rate was 1 IQD = 3.2 to 3.3 USD.
The depreciation of the Iraqi dinar can be attributed to several key events and factors:
Gulf War (1990-1991):
The invasion of Kuwait and the subsequent Gulf War led to severe economic sanctions by the United Nations.
These sanctions restricted Iraq’s oil exports, a major source of revenue, leading to a substantial economic downturn.
The exchange rate dropped drastically due to the economic isolation and destruction caused by the war.
Economic Sanctions (1990s):
Throughout the 1990s, Iraq was under strict international sanctions, further crippling its economy.
The dinar suffered hyperinflation as the government printed more money to finance its deficit, leading to a rapid decrease in the currency’s value.
By the late 1990s, the dinar’s value had plummeted, with exchange rates falling to as low as:
1 USD = 2,000-3,000 IQD.
2003 Iraq War and Aftermath:
The 2003 invasion of Iraq led to the overthrow of Saddam Hussein’s regime, followed by a period of significant political and economic instability.
The Coalition Provisional Authority issued a new Iraqi dinar to replace the old currency, but the value remained low due to ongoing instability and reconstruction challenges.
Post-2003 Economic Conditions:
Despite efforts to stabilize the economy and rebuild the country, ongoing conflict, corruption, and political instability have continued to affect the currency negatively.
The exchange rate has fluctuated but remained relatively low. The recent exchange rates have been: 1 USD = 1200 to 1500 IQD..
So logically, for the IQD to return to its previous high exchange rate a sustained transformation of Iraq’s political, economic, and social landscape would be necessary. First of all the government has to stabilize and prove it can effectively manage and rebuild the country’s infrastructure and institutions. It will have to ensure security to attract foreign investors to diversify the economy beyond oil, reduce corruption and establish confidence in the international markets to integrate into the global economy thereby creating a demand for its currency.
The basket of currencies in play for the higher revaluations all have suffered their own independent causes for their depreciation or devaluations. And each must reverse what caused these devaluations to revalue. And each will, in some manner, have to follow the Iraqi template. Economics 101, in order for a currency to go up in value there has to be a demand for the currency. The GCR/RV wouldn’t just happen because we wish and want it so.
We shouldn’t follow a dry river bed to find the water, because maybe the river has change course..
