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Dinarland Highlights – 8.3.26
MarkZ
[via PDK]
“Will the Iraqi Government remove three zeros from the Iraqi dinar?”
They are talking about it again in the news. It is clear that because of the war and closing the Strait of Hormuz that something needs to happen. In the past Dr. Shabibi did a great breakdown. Their “White Papers” did a great breakdown on how they will restore the dinar value and issue lower denomination notes into the market. They told us over and over again that they will not just drop the 3 zeros and our 25,000 notes just become 25. This will not be a lop…they have told us the purchasing power of the dinar increases and will be more than the dollar again and they will issue new LD notes. They will increase its value and restore it to its former glory. As a worst case in this article they allude to the dinar being roughly the value of a buck (1$).
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Ariel
Iraq Is Telling You What They Are About To Do: Currency Overhaul; Monetary Reformation; Gold Revaluation; Financial Stability. Do You See The Timing? Do You See The Agenda? Do You See The Progress? Redenomination + Revaluation = ? Payday! The 3 Zero Project Are In-Country Only.
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Jeff
Question:
“How does [dropping the zeros] give [Iraqi citizens] purchasing power?”
Jeff: A 25 note, the smaller notes, could buy the same amount as the larger notes. In other words, you can do more with less.
Question:
“Is there any connection between Iraq’s currency revelation rumors and the US Digital Asset Market Clarity Act?”
Jeff: No. The Clarity Act has nothing to do with Iraq or the revaluation. That’s a law to the United States. Forget about the Clarity Act…
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Stephen
There are no “tiers” getting paid out. No one is getting paid out before anyone else. When the dinar value changes, it is going to change simultaneously for everyone. No one is getting paid first. No one is on a special list. No one is getting an “800 number”…The dinar is showing on Forex at a certain rate, guys, it’s not true…
Let’s start preparing. Let’s start thinking in terms of, if the dinar happens tomorrow, am I prepared? Do I have all my ducks in a row? Am I financially responsible to handle an amount of wealth I’ve never handled before? You need to start thinking through that because when the revaluation happens a lot of people are going to be extremely emotional. You’re not going to know what to do. You’re probably going to end up making mistakes and doing things that looking back you’re going to regret. Start having a plan, start putting things together, start thinking through the process…
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Samson
Article:
“IRAQI PRIVATE BANKS ARE FACING INCREASING PRESSURE TO MEET THE REQUIREMENTS OF THE US FEDERAL RESERVE AND HAVE SANCTIONS LIFTED”
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Reset Intelligence
Iraq’s smallest banknotes have vanished from the market stalls. Baghdad sent its top financial advisor on TV to explain why. He is the same official who wrote the plan to replace them with coins, 15 years ago. Newsflash…Coins only exist where the smallest unit of a currency is worth something. The IQD at today’s rate does not justify a single coin press. So what is Baghdad preparing?
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Sandy Ingram
Important news coming out of the Central Bank of Iraq. Iraq is making steps to rejoin the global banking system. We know, as investors, there will be little to no currency adjustment until Iraq’s banks are able to communicate with banks worldwide, internationally. Before 1990 Iraqi banks were part of the global financial system. Then Saddam.. attacked Kuwait and Iraq was placed under sanctions…Now, when they went back to rejoin, they found out they couldn’t because high-tech had changed the landscape of banks worldwide. Iraq needs to do some serious upgrades…Iraq is now openly talking about the steps they are making to rejoin the international banks…The US Treasury is directly involved. This may be the most significant part…
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Frank26 (KTFA)
The monetary reform education of the process of lifting the three zeros is beginning to be explained in great detail almost every day now to all the Iraqi citizens. That is the phase you are in…
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Clare (KTFA)
Article:
“Exclusive: America stipulates the dismantling of factions in exchange for releasing $30 billion of ‘Saddam’s money’ “
Quote:
“Washington had previously promised to release this financial guarantee, and action was supposed to be taken on it during Prime Minister Ali al-Zaidi’s visit to Washington. However, the US administration did not instruct Congress to approve the disbursement of the suspended financial guarantee, which is estimated at $30 billion.”
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Kaperoni
The Iraqi dinar is not a lotto ticket. It’s a real currency that follows sound principles guided by organizations such as the World Bank, IMF, and most recently the US Treasury…Currencies are managed by their central banks and in the case of Iraq they’re currently on a fixed peg exchange rate regime which won’t be appropriate as their economy diversifies. It is expected that they will move to some type of float allowing the dinar to gradually appreciate incrementally as their own economy begins to prosper and diversify. All of this takes significant time. Be assured, it won’t be a random act.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
https://www.dinarguru.com
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