Goldilocks and Seeds of Wisdom
Goldilocks posted comments and links on the global financial system:
Jesse Myers on End of US Hegemony, Rise of BRICS, and Bretton Woods III (Part 1)
Iraq is currently working on the movement of foreign funds through money laundering mechanisms.
They are achieving this through applying International Standards governed by their Financial Terrorist law and Money Laundering law.
Electronic platforms will give them banking protocols to help them implement with full confidence these goals for themselves and the world.
These new procedures will allow them to transfer digitally through an exchange process without limits, ceilings, or restrictions on large transactions.
Personal transactions will be handled through Western Union and MoneyGram. Dealing in dollar transactions is no longer permitted. And, the parallel market will no longer be allowed.
In other words, Iraq is applying a system of foreign transfers, documentary credits, and cash sales of foreign currency. This includes achieving economic, regulatory, and legal objectives.
All of this will gain the trust of the international banking system.
And finally, Iraq is calling for National support to implement these new banking protocols that will allow the exchange process of the Iraqi Dinar.
This announcement came from the “Administration of the Central Bank of Iraq.”
I have not brought in a lot of articles regarding foreign exchange procedures just yet until I get standard protocols to share with you.
I am noticing a number of articles coming out about prepaid cards that will allow the transfer of foreign funds from another country to be executed through your mobile phone.
The United Payment Interface of India is one such country that is providing these changes for tourists that come into their country. And, the use of multi-currency accounts will aid in this process as well.
Currently, we are witnessing several new digital exchange rate mechanisms being applied such as Iraq.
Remember, everything is being tokenized with real-world assets such as gold. Look for a repricing event in commodities. A reset in the commodities market will lock in new asset rates.
All roads lead to gold, and gold will set us free.
Silver prices will spike as record solar demand strains silver supply through 2026 – Metals Focus | Kitco News
Indian clearing house launches triparty repo facility | News | Global Investor Group
Digital Ruble Bill Approved in Russia, Setting the Stage for CBDC Implementation
All of our assets are being tokenized and connected to networks that will lock in the ability to scale prices within a network.
The commodity sector of the market is what backs all tokens no matter what network they are on or their ability to scale prices up and down.
When we have a repricing event on gold and other commodities, we will have tokens backing assets with a gold standard or set of protocols (Basel 3) the banking system can work with in utilizing a new digital asset-based trading system determined by real values.
EXCLUSIVE: Brazil, Russia, India, China & South Africa (BRICS) to settle global trade in local currency, ditching the US dollar.
BRICS To Make Up One-Third of the Global Economy by 2028
From our CBI Banker contact or boots in the CBI Tower.
Although everything looks good with the changes in electronic mechanisms that will put Iraq in compliance with the International Banking System, they are not ready to put a real value on their currency just yet.
Source: Dinar Recaps
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