Dinarland Highlights – 9.29.22
What does Al-Kazemi support as prime minister? Remember that the White Paper is his baby. He helped put that document together and plans to fully implement it. Within it is our reinstatement back to FOREX. Kazemi is only in a “temporary” status as prime minister…If Kazemi is voted in as prime minister this time it would be a permanent 4-year assignment and Kazemi intends to “clean house” from this corruption. He used to be head of security for Iraq, so he knows of all the bad guys and what they have been doing to Iraq…
“The Sovereignty Alliance congratulates the renewal of confidence in Muhammad Al-Halbousi as Speaker of Parliament“
“The renewal of confidence in Mr. Al-Halbousi represents a true expression of the state of national consensus to move forward in building and developing Iraq, enhancing its stability, ensuring its security, and moving towards establishing the foundations of reconciliation, understanding and peaceful coexistence among its components.“
“Karbala Refinery.. Unprecedented Iraqi oil production reduces 70% of gasoline imports“
“the Karbala refinery, which opened yesterday, will reduce Iraq’s import of gasoline by 70%, while they indicated that the completion of the development of the country’s refineries will lead to a surplus to be exported abroad.”
We are waiting on a calm atmosphere. Today’s vote of confidence for Halbousi may have been just the calm we needed...The CBI too, can calm markets. That is a part of their job. To delete the three zeros from the exchange rate is directly related to the economy and market prices within the country. The result of deleting the zeros will calm the people and the markets, thus, the investors too...
“Did you see the governor of the CBI said there is no need to change the exchange rate against the dollar?”
“What? I thought you said they were going to be changing the exchange rate based on everything you’re seeing and everything that they’re saying...?”
The major problem comes in translation…the other problem is the media is lousy and as fake as it can get…it’s very rare to get someone to tell you the truth.
IMO there is no reason to do a rate change. They already did it on the second set of books…that the international world…the IMF…the World Bank…the U.S. Treasury knows about. Every central bank in the world probably know about by now. But there is a great need to change the currencies of the CBI just before they introduce a new rate for the IQD…and a new currency to match mathematically the new exchange rate of the IQD.
I know some of you are concerned when they talk about removing the zeros… when they talk about removing zeros they have to RV first. And that is very exciting. …Then a large bill is not useful. Dr. Shabibi (former governor of the CBI)…is the person that designed the plan. The plan has not changed. There is a revaluation.
The removal of the large 3 zero bills from the market…Say that you have a 25,000 note. Example… say the rate is $1.00 (for illustration purposes) and one dinar equals one US dollar. Suddenly that $25K note is worth $25,000 thousand US dollars. Now it’s too big for day to day commerce…So they will give you a period of time when these bills are accepted…you turn them in and get the new lower denomination notes that will be usable in day to day commerce…it does not mean they chop off the zeros and that note is now only worth $25 dollars. That is not how it works…
I spoke with Mr. C (Guru Michael Cottrell)…he is very upbeat…he is hearing a lot of very positive things – just like I am.
We’re absolutely positively not going to see any exchange rate change happen in the near future. Somebody posted… that the news was fake and that’s not really what’s going on over there in Iraq…they’re just lying to us. This isn’t fake news. There’s civil unrest over there in Iraq. You have Turkey bombing a region in Kurdistan. You have Iran bombing a region in Kurdistan. You have protesters rising up in both Iraq and Iran…
Yes, Iraq will float the dinar but it won’t float until they diversify away from oil and create a private sector market economy and begin to prosper.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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