Dinarland Highlights for July 17, 2022

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Dinarland Highlights – 7.17.22

NORV

[aka Guru Kaperoni]

The money supply in Iraq has been reduced. No longer 103 trillion, but now 83 trillionStill an astronomical amount which Iraq could never RV but still some progress.  here is the article quote…  “Ihsan Shamran: The money printed in Iraq now equals 83 trillion dinars,”  he is the deputy gov of the CBI.

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Samson (KTFA)

Article:
Shocking number… How much is the percentage of ‘idle money’ in Iraq?

Quote:
70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move economic activities, explaining, that “leaving this money away from the banks is a strategic mistake that needs solutions.

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Walkingstick (KTFA)

[via Frank26]

Everything is ready at the CBI for the new exchange rate.  The only only action right now is the constant recalculations of the barrel of Iraqi oilWhat do you think oil is going to get too?  …$150.

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Tivon (KTFA)

I hope everyone is ready with the necessary resources to protect their money and also…to grow their wealth…The responsibility lies upon you. Lawyers, Attorneys, Accounts, Investment Advisor, Wealth Management, Consultants, Account Managers. You will have to cultivate business relationships with people who you are going to have to vet…their background…their history with other clients and their success rate. You being busy or claiming to not have time due to work is not going to cut it.

You don’t want to end up like these sports players who outsource the entire responsibility…to accountants who end up taking or stealing 60-70% of their earnings…New money brings out predatory parasites…Build your team.  From top to bottom you should know what their roles are and how your money is doing under them. The business world is a ruthless place. You basically stepping into the octagon. So please understand that it’s all business. Do not make emotional business decisions.

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Pimpy

Is it possible that there are two rates being kept, one that is available to the public today and another one that lets us know the true value of the Iraqi dinar that is not yet available to the public?

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Sandy Ingram

This is what the prime minister said directly to the media – indicators from the world bank confirmed that Iraq has succeeded in getting past the economic crisis.  The PM also went on to mention the reform represented by the white papers. For us as investors it doesn’t take take a law degree to understand that the existing prime minister has performed well as he had led the country from almost a collapse to stability.  Iraq’s inclusion in the GCC plus three meeting with President Biden was invited by Saudi Arabia’s king…

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Frank26 (KTFA)

Question:
Do you think banks are the only place to exchange and exchange centers are a myth?”

Exchange centers are banks.  They’re not myths.  The myth may be that you’re hearing that there’s going to be banks that represent Iraq...

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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