Dinarland Highlights for April 11, 2022

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Dinarland Highlights – 4.11.22

RVAlready (TNT)

I think the budget is going to parliament this week. As parliament already promised to give the people the RV as a first priority, I expect the budget with the RV to pass.

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Holly

All I will say is things look very good. Lots of good news. I don’t want to say much as we are very critical right now.

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Frank26 (KTFA)

Article:
Parliamentary Investment: We will monitor the process of pumping currency into the market”

THEY NEED SOME LIQUIDITY UNTIL THEY RELEASE THE NEW CURRENCY AND THE NEW EXCHANGE RATE… IT IS THE DELAYS THAT CAUSED THIS. THIS IS NOT THE NSCN’S THEY ARE TALKING ABOUT

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Deepwoodz (TNT)

Article:
Can the Al-Kazemi government send the 2022 budget to Parliament?

The constitution is clear. There is nothing in it to suggest a weak government or a caretaker government that can’t perform like normal. Anyone can read it for themselves.

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MarkZ

[via PDK]

What have we heard over the weekend?  Some pretty positive stuff…They are very keen that this could be our week.  My banking folks here are expecting  redemption centers to be open later on this week as well. They are very keyed up for this week. I don’t know what changed over the weekend but, reports started coming in late last night that everything is staged and prepared.

Most of my bankers are expecting a “Work Weekend” this upcoming weekend…Other than that it has been quiet on the RV front.  I think it’s so quiet because all the decisions that are necessary have been made…So at this point it may be quiet until the switch is flipped…We don’t control the timing but the writing is all over the wall that it is coming.

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Godlover (KTFA)

Article:
Parliamentary Investment: We will monitor the process of pumping currency into the market

I have been racking my brain trying to figure out the logic to this article…it would not make sense to pump more 3 zero notes into the streets, especially when intel is stating they have been collecting the notes for several months. But what gets me is, as some seem to think it could be the NSCN’s, that cannot be imo. After all, the NSCN’s would be useless at the current program rate. Not to mention that the article seems to imply that this would be a solution (temporary?) until the budget is approved. Maybe they are referring to USD? I don’t know. I did not expect an article like this, at this time…

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Pimpy

I heard somebody saying, ‘No Pimpy is wrong.  He doesn’t know what he’s talking about.  There is plenty of money from the oil and that’s how we’re gonna get the rate change.’  If oil price plunges again, what do you think it’s going to happen in Iraq?  Their economy is going to tank and they’re going to be right back to square one struggling…They are making a lot of money right now but…there are a lot of factors taken into consideration before you can change the exchange rate…first things first they’ve got to get a government in there

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MilitiaMan (KTFA)

Article:
Parliamentary Investment: We will monitor the process of pumping currency into the market

Lets think about the part about the helping of the citizens. They were hurt the most and may benefit largely with a Re Instatement of the IQD.  As for liquidity for the street. Didn’t they spend $10s of millions of dollars in printing new currency in 2018?  Yes, they did.  They were not three zero notes, imo. They were NSCNs and likely fils , as noted by the $54 million spent for currency issuance 08/31/2018 per the CBI. WE also watched the video showing the were destroying 3 zero notes around that time frame.

Okay, then do to delays that may need to be addressed in the short term of liquidity issues. Or could it be that they want to use what good currency left of the three zero notes they have on hand to help line the pockets of the poor?

…Lets say they issue more three zero notes then, once completed, they RI to a previous era. The poor get a serious stimulus package for all the suffering they have had to endure. The NSCN’s also under scrutiny, can follow along with the new digital systems…? We shall see.. imo I have a hard time believing that at this stage 3 zero notes are for longevity… JMTC 

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Nader From The Mid East

Today I read…a newspaper  about the CBI and the private sector.  They said they achieved positive things.  It’s true.  It’s the beginning though.  You’re gonna see that.  I’m sure that’s gonna come out in the news.  You’re gonna see them so don’t be surprised.  Don’t be excited about it too much because they just started working on the private sector.  The private sector is one of the main things who can make Iraq financially strong

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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