Dinarland Highlights – 8.23.23
My take is a float won’t work in a digital world. I just don’t see it. I think they are going to make an adjustment to their Reel Effective Exchange Rate (REER) and I hope and expect it will be better than it was in a previous era. When I first got into this – the IMF had shut them down from $3.22 …so, when they reinstate – I think they will start there…maybe add some for inflation , and they probably will do a “managed float”…
“Specialists: The path of development gives Iraq an important position in international trade”
The development road is the investment side of the tripartite budget. Get ready folks, we can see the efforts being taken are to join the Global Financial System.. There is no denying it. imo..
It’s like a black hole in space. We know it exists. We can see all the evidence…the gravitational fields around the black hole is the evidence of it…You just can’t see it. The monetary reform is alive, is moving, is activated. The new exchange rate is coming to the citizens. The currency will float…everything we want is occurring…we are at the ‘event horizon’…
All I know is that things are coming to a crescendo…at that high point where there’s nothing else to climb…you’re at the very end.
[Iraq boots-on-the-ground report]
FIREFLY: Our government is saying USA defense interest is secured in Iraq for the first time since 2003. Wow! That’s when we were at 1 to $3. Iraq agrees on the troops being here in Iraq. I guess Sudani wants you guys here…this is a win-win for all of us.
FRANK: Let’s see you try to steal something now.
“Al-Sudani: More than 60% of Iraq’s population is under 25 years old”
[Aki’s Iraqi Bank report]
Not all banks will be brought back even though they will all be online. This is to monitor them. This step has already started. It is already well advanced … Bringing these banks back online is needed for the monetary reform…these banks are scattered all over Iraq…
Its been quiet on the RV front – Quiet on purpose… The supposed goal for all my sources was yesterday. They are very quiet so I know nothing on timing right now. Many still think they will get it done this month. I sure hope so…we all need it. The world needs it.
Iraq has 3 significant tasks before we will see an increase in the currency’s value.
1. Rebuild their infrastructure, which they are actively doing…
2. Making the country safe for citizens and international investors. In other words stopping the assaults against foreign investors. International investors want to invest in Iraq because their investment will be worth more when the value of the IQD increases.
3. Creating additional streams of income outside of the oil industry.
Iraq is actively making progress by implementing new factories…road projects connecting Asia to Europe and partnering with a neighboring country to build oil vessels…
…Until Iraq diversifies, creates the conditions, there will be no change in the dinar.
We have to watch the CBI. Don’t listen to what any body else has to say. Do not contemplate opinions or other ideas…
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
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