KTFA
FROM MM & PETRA:
MilitiaMan » August 13th, 2021
“The government has not implemented many articles and paragraphs of the general budget law for the current year until this moment due to the objection and observations of the Ministry of Finance and other ministries on the articles of the law, which led to the delay in its implementation.”
Until this moment they say.. Interesting the 2021 budget is in the news lately.. Just as Frank and Petra pointed out … They are not going to keep harming the citizens.. imo “
“there is work and movement by the committee to monitor the implementation of the parliamentary government program on the Ministry of Finance and the government to implement the articles and paragraphs of the budget law,” stressing that “any delay in implementing the budget will harm the citizen and state departments and institutions.””
Fairly certain then if need be there is an emergency.. It is called Article 8 with a new rate.. lol We are imo seeing things shape up globally and gearing for a very big event.. Militia-Man
Petra » August 13th, 2021
Advertisement
______________________________________________________
Convergence on a global scale…Yup…Yes. The input was not reflecting other world events as we are studying…nice data points though…. PETRA
MilitiaMan » August 13th, 2021
Kinda hard to spend trillions when the UST has 389 billion in cash on hand and are
burning 26-50 billion a day.. Militia-Man
Petra » August 13th, 2021
And, IMO, that 389B also includes the bond sales of the last 2 days to bolster the balance sheet. But, the message is clear, the money is running out! Congress did not elevate the debt ceiling as of today…why not? They know their burn rate, they know the balance in the bank just like you and I. So…Congress not changing the debt ceiling is an indicator of a future….expectation. IMO ……PETRA
MilitiaMan » August 13th, 2021
They sure gathered up some serious numbers over the last 6 weeks real close.. They got cash for bonds to be on the books of banks imo.. Banks will need liquidity and that being done may offset the effects of our exchanges and thereby increasing value to us and countries where by the dilution may need to be, Necessary for equilibrium effect globally.. imo … Militia-Man
Petra » August 13th, 2021
$23.5 Trillion since July 7!!! … IMO, I expect another $1T day tomorrow…or close to it! ….PETRA
Advertisement
______________________________________________________
MilitiaMan » August 13th, 2021
That is some serious assets bought and brought home imo… The SDRs are to be effective 08/23/2021… The REPO market platform is to be down for Maintenance on the 16th.. Militia-Man
Petra » August 13th, 2021
And by full bore…international money movement via the digital framework that all countries participate it. Remember, the $650B coming from the IMF are SDR’s…digital!…. PETRA
MilitiaMan » August 13th, 2021
Yes and they mention countries that will benefit too.. Militia-Man….
Petra » August 13th, 2021
Yes, which is what I commented on yesterday. If Iraq is still under sanction rate…do they get to participate in the global SDR gift???…… PETRA
Let’s be clear. We have never been at this stage before. Too many timed events are occurring that lead us to believe we are in a, as MM said, no turning back scenario. We speak of the Repo markets, UST cash positions, Emergency Bond sales. Then we see articles about digitization occurring globally via blockchain. IMF Global SDR donations, companies and contracts waiting to be e------d. Large money movements in the last 45 days of funds back to the US. Notice those funds were “not” put into the UST!!!! They are to be repurposed. For what???? Yes, we are in a very strong and multi-faceted convergence all waiting on one thing!!!! Amazing once you connect the dots of impact!………… PETRA
MilitiaMan » August 13th, 2021
Advertisement
______________________________________________________
Mark your calendars
On August 23, the newly created SDRs, equivalent to US$650 billion, will be credited to IMF member countries in proportion to their existing quotas in the IMF. https://t.co/WCZ25tPMXA pic.twitter.com/2JzutP5m35
— IMF (@IMFNews) August 11, 2021
What are the benefits of the US$650 billion SDR allocation?
1. Provide fiscal space to help people cope with the crisis
2. Boost reserves of IMF members
3. Support country reformshttps://t.co/0rkI3E54S7 pic.twitter.com/t26t2jbLBL
— Gerry Rice (@IMFSpokesperson) August 12, 2021
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
