Backdoc
Article:
"Federal Reserve Issues Progress Report on Efforts to Improve the U.S. Payment System"
Quote:
"The Federal Reserve on Thursday released a progress report outlining accomplishments and anticipated steps moving forward related to the ongoing initiatives to enhance the speed, efficiency and security of the U.S. payment system."
THE FEDERAL RESERVE IS TELLING US ABOUT THE STATUS OF THE NEW PAYMENT SYSTEM THAT WILL BE USED IN THE NEW REALITY! WE ALL KNOW THAT BASEL 3 REQUIREMENTS REQUIRE ASSETS TO BACK EVERY COUNTRY'S CURRENCY. WITH THAT IN MIND REALIZE THIS EXPLANATION IS THE PREPARATION FOR THE NEW DIGITAL DOLLAR WHICH IRAQ HAS BEEN SO IMPATIENTLY WAITING FOR! REMEMBER, THEY WANT TO GET RID OF THE OLD DOLLAR COIN! THIS CLEARLY TELLS US THAT THE COMPLETE BUILD OUT FOR THE NEW DIGITAL DOLLAR PLATFORM IS NOW CLEARLY IN PLACE! GREATER SPEED, EFFICIENCY, AND SECURITY IS NOW IN PLACE!
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Breitling
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Breitling
…every major corporation has already set up shop in Iraq. They’re just waiting for the right moment. They’re waiting for the Iraqi people to be able to afford their products. They believe in the principle that I believe in that you get into a market before it starts not after it starts. So they are already there. I promise you they are already there...supply times velocity or the business in Iraq will go up and Iraq has already set and triggered their currency to a place to do that. You guys know those numbers. It’s that simple.
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wmawhite
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wmawhite
Keep in mind, the change in value of the IQD is just another step of many, many steps with the "project"...the "delete of zero project"...and there will never be an announcement before hand concerning the change in value. However, as...articles point out, the CBI will make projections as to the possible need for a change in the currency, i.e. size of notes. IMO...these projections/forecasts concerning the future need of the 50, 100 and 200 IQD notes tells me that the CBI believes there will be a change within the marketplace that will make those notes useful. And what will change the marketplace? What will change the prices within the marketplace? Answer: a change in the value of the currency that is importing those goods within the marketplace.
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tman23
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tman23
Article:
"Keywords: central bank contributed to cross the most difficult years in the past two years"
Quote:
"giving it a function to STABILIZE the exchange rate"...pump money to prevent devaluation...the central bank resorted to the method of supporting the general budget through the purchase of treasury transfers..."
THIS SUPPORT LOWERS THE CBI RESERVES...THE ROB PETER TO PAY PAUL ALWAYS HITS A BRICK WALL UNLESS YOU TURN IN A DIFFERENT DIRECTION...THE CBI AND GOI ARE CLOSE TO THE WALL...AND CANNOT AFFORD TO JUST TALK ABOUT A FUTURE MARKET ECONOMY.
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ADMINBILL
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ADMINBILL
[I had heard some very positive news earlier today even some that rates are showing up in various places, but that in Iraq its being said there will now be delays in the RV do to Trumps ban, have you heard anything?]
NO DELAYS...THE RV/GCR WILL GO A LONG WAY TO MEND FENCES.
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tman23
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tman23
Did you know Basnews (Kurdistan) updated their website today...A new look! Did you know the server for them is in San Francisco... Basnews is 99.9% accurate...most reliable reporting in Iraq and Kurdistan... Did you know Basnews shows the currency exchange in the right hand corner...
[...are those rates in the top corner for the iqd?]
Have no idea other than it posting Dollar 3.648...And they just put that up early today...New page. In the past page it was $1 usd to 00086... It is strange that the amount posted is darn close to what we had been hearing...which was 3.72 chatter in Kurdistan.
...we can come to all kinds of conclusions... Best one is to wait and see...
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mike
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mike
Article:
"Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"
Quote:
"Therefore, it provides the launch of economic reform fund opportunity to accelerate government reform plan."
Great article...Currency reform, economic and banking laws are all needed to facilitate this move, hopefully it's sooner rather than later.
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RayRen98
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RayRen98
It is being reported to me that Iraq TV is broadcasting that Iraq and the US have signed an agreement to fund the economic reforms!
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wmawhite
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wmawhite
[when kuwait revalued back in the day, it came in at I think $6.]
Kuwait never revalued back in the day...let me give you the true story. ...keep in mind that Iraq invaded Kuwait in August 1990. The Kuwaiti currency at that time was the Kuwaiti Dinar. The Kuwaiti currency was replaced with the Iraqi Dinar by Saddam Hussein. Seven (7) months later, February 28, 1991, the Iraqi forces are kicked out of Kuwait and the war has ended. Only twenty six (26) days later, March 24, 1991, the Kuwaiti banks reopen with a NEW currency valued at 1 KWD = $3.50...the key here is twenty six (26) days. If any Kuwaitis still held the old Kuwaiti Dinar it would be accepted at one new KWD for one old KWD rate. 26 days after the end of fight...no $6.00 or $9.00. Just reinstated their old value. And by the way...the oil fields were still burning, kuwait had no economy...no free market economy, but they sure enough did what they wanted to do...article 8 or no article 8!
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Dr. Clarke
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Dr. Clarke
This is a VERY BIG WEEK ahead. Enjoy it! Ignore ALL the printed News Articles coming out of the ME, especially out of Iraq, and especially with regard to anything that pertains to Money, Military, Politics and Trade. IGNORE IT!
...Again, this is a VERY BIG WEEK...but what happens as February unfolds, and by the end of February...will look like a "World you've Never Seen before". EVER.
...and we believe, that you will have more money in your pocket...and there's much more.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru