Dinarland Highlights – 5.28.23
[Iraq boots-on-the-ground report]
FIREFLY: News saying we’re joining the BRICS and we have banned the use of the dollar. This move is to strengthen the dinar. They talked about how this will increase on the Forex market.
FRANK: That’s an international basket…that’s de-dollarizing. That’s de-pegging from the American dollar…Through the Forex markets! That’s exactly right.
What happens after the Iraqi dinar de-pegs…after the new exchange rate, the national currency and the coins come out…what’s the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket…IMO the internal float of the Iraqi dinar is very self-evident…when they finally introduce the reinstatement of their currency you’re going to see that currency start to float internationally.
FIREFLY: Government and central bank are saying no dealing in dollars. It’s unacceptable and they have a special police force to enforce this and they want all to respect and only use the dinar.
“I never heard Trump say how much dinar was in the U. S. Treasury…Was it 36 billion?“
Well he never uttered the term dinar when he said it. He literally said we have a certain amount of THEIR money. He didn’t say it was dinars nor dollars.
Nader From The Mid East
I can use my Iraqi debit card in America…I never talked about the credit cards or ATM…they’re telling us today the credit cards we can use them international. I can use my debit card here or my credit card anywhere in the world…Of course our credit cards doesn’t work with dollar, work with dinar. So if I’m here (United States) I’m gonna go to any bank, example Chase, get money – What’s going to happen? The dinar is going to be exchange by the dollar between banks. A week ago I came out and said it’s gonna float. There’s your float. For now it’s not showing on Forex. Believe me guys it start to float. Now I can use my card here…
“The national security agency carried out a wide campaign to adopt the dinar instead of the dollar in commercial dealings in Kirkuk”
Why is the security agency doing that? If you have a brand new currency and it’s coming out, obviously there’s going to be coming out obviously there’s going to be some security risks…they’re also educating people…it’s an awareness campaign…it enhances the citizen’s confidence in the Iraqi currency…
[Response to Guest Guru Margarita]
When Ingraham asked how Trump planned to collect money from Iraq, the president said: “Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there.“
People are like, ‘Pimpy doesn’t know what he’s talking about. It’s on the Forex in-country, it’s floating freely in-country.’ No it’s not. Yes they do monitor both rates [Official CBI rate and black market rate] but it’s for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another.
“You think Trump put any extra pressure on Iraq [to revalue] when he was in?”
No. He wasn’t worried about that. He would have supported it if they did. He would have 100%. So would Biden but it’s not a priority to them. It’s not part of our [United States’] plan. We’re not against it. It’s not going to hurt us in any way shape or form because guess what they’re going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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