News, Rumors and Opinions Thursday AM 9-19-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 19 Sept. 2024

Compiled Thurs. 19 Sept. 2024 12:01 am EST by Judy Byington

Global Currency Reset:

Wed. 18 Sept. 2024 TNT Update: “Banks got memos yesterday Tues. 17 Sept. telling them to get ready and be there this morning because it was scheduled between now and Fri. 20 Sept. The RV announcement should be by tomorrow Thurs. 19 Sept. There is a scheduled time but no one wanted to put it out. We are now waiting for the big announcement on the Fed rate. The Market will change with the Fed announcement. They want things to settle down and then will let the RV go. The rates are out. The Banks are ready. This should be our final call.”

Judy Note: The Federal Reserve announcement was that they cut interest rates by 50bps for the first time in 4 years.

Tues. 17 Sept. 2024 Bruce: Bond Holders are getting funds into their accounts right now and will have access to those funds Thurs. or Friday. Tier4b (us, the Internet Group) will be notified at the same time as Tier 3.

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Wed. 18 Sept. 2022 NESARA GESARA: The Project for the Golden Age …Carolyn Bessette-Kennedy on Telegram

Get ready for a revelation that could change everything! The NESARA GESARA Act is a key piece of legislation tied to the Great Currency Reset and Revaluation. This bold initiative aims to overhaul the global financial system, redistributing wealth and establishing a fairer world for all.

Imagine a future where debt forgiveness becomes a reality, not just for individuals but nations too. The oppressive income tax system will be eliminated, replaced by a fair, fixed tax on non-essential goods. Picture the confiscation of assets from c*****t institutions and individuals, redistributing that wealth to those who truly deserve it.

A new gold-backed monetary system is on the horizon! This isn’t just a dream; it’s a necessary shift toward financial freedom. Most importantly, NESARA GESARA mandates that a significant portion of the world’s wealth be directed toward humanitarian projects.

This is a call to action for the visionaries among us. The funds will be used to uplift the vulnerable and support community development. The time to rise up and embrace this chance to build a better world is NOW. The storm is gathering, and with it comes the promise of justice and equality! Get ready, because the Golden Age is within reach!

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Wed. 18 Sept. 2024 A NEW ERA IN FINANCE …Secret Files Exposed on Telegram

Bold Steps for Those Who Are Awake The financial landscape is evolving rapidly, and for those who are “AWAKE” to the changes, the future is both exhilarating and daunting. We are on the brink of a new era, where traditional financial systems are being replaced by a revolutionary new paradigm. This article explores the key components of this emerging financial system—GESARA, QFS, GCR/RV, ISO 20022, BASEL III, Protocol QFS 20, and the Iraqi Dinar. This journey is not for the faint-hearted; it’s for those ready to take charge of their financial destiny.

Current State of Affairs: We are living in uncertain times marked by erratic weather, pandemics, and political turmoil. Amidst this chaos, a financial transformation is quietly unfolding—a transformation that promises stability and security for those who are prepared to embrace it.

Key Components of the New Financial System:

● GESARA (Global Economic Security and Reformation Act): A worldwide initiative aimed at overhauling the global financial system and ushering in an era of prosperity. GESARA seeks to eliminate debt-based currencies and replace them with asset-backed systems.

● QFS (Quantum Financial System): A digital platform leveraging blockchain technology and quantum computing to bring transparency, security, and efficiency to financial transactions, rendering traditional banking systems obsolete.

● GCR/RV (Global Currency Reset/Revaluation): This initiative involves recalibrating global currencies, aligning them with tangible assets like gold and silver to level the playing field and reduce the dominance of a few reserve currencies.

● ISO 20022: A global standard for financial messaging that streamlines communication between financial institutions, enabling faster, more accurate cross-border transactions.

● BASEL III: A set of international banking regulations requiring financial institutions to maintain higher capital reserves, enhancing stability within the global banking system and reducing financial crises.

● Protocol QFS 20: A protocol within the Quantum Financial System designed to further secure and streamline financial operations, ensuring that transactions are conducted with the utmost integrity.

● Iraqi Dinar: A currency of significant interest among investors due to its potential for revaluation, which could be part of the broader Global Currency Reset.

Seize Your Financial Future: Now is the time to take control of your financial destiny. The era of saving others is over; those who are aware of the new financial system’s opportunities have reached a higher level of financial consciousness.

If you’ve been hesitant, it’s time to act. Convert your assets into digital gold and silver-backed coins, and secure them in the QFS ledger. The digital realm provides a level of transparency and security that traditional banking cannot match.

Additionally, invest in ISO 20022 compliant assets like XLM and XRP, which are set to play crucial roles in the new financial system. Even if you feel like a latecomer, remember that revolutions always have late arrivals who can still make an impact.

GOD BLESS AMERICA!!! GOD BLESS YOU ALL!!!

Read full post here:  https://dinarchronicles.com/2024/09/19/restored-republic-via-a-gcr-update-as-of-september-19-2024/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Samson  "Our Country's Dream... Al-Sudani Sends an Important Message to Gulf States Regarding the Path to Development" Quote "Prime Minister Mohammed Shia al-Sudani stressed that the drop in oil prices to less than $72 confirms the need to diversify..."  

Guru Fnu Lnu  I have heard these Uncle FUD folks (Fear Uncertainty Doubt) attempting to generate negativity with the perfunctory hand-wringing stating that with the price of oil now in the $70's, the Dinar is likely to be  devalued. REALLY???  They have a new 11% revenue stream they never had before due to non-oil income. They have multi-national  corporations in the wings chomping at the bit to get started with projects ranging from the "Development Road" to oceans of new  housing, infrastructure projects, tariffs, import fees, new port facilities, not to mention all the mineral wealth waiting to be  exploited. They have record foreign reserves and 150 tons of gold plus they have sold bonds of late. They will also be repatriating  all the DFI funds from the New York Central Bank if they haven't already done so...The Chicken Little routine is wearing  thin...Trust me, there will be NO dinar devaluation now or in the future. 

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ECONOMIC DESTRUCTION: Fed's MASSIVE 50 Point Rate Cut, Immigration Drives Unemployment & Inflation

Lena Petrova:  9-18-2024

https://www.youtube.com/watch?v=3sON_aTFQUU

LIVE! FED. CUTS DEEP! AND SETS THE STAGE FOR A MASSIVE DOLLAR DEVALUATION CYCLE.

Greg Mannarino:  9-18-2024

https://www.youtube.com/watch?v=o60xpewhxJM

“Tidbits From TNT” Thursday Morning 9-19-2024

TNT:

Tishwash:  Central Bank: From now on, the dollar is subject to strict supervision

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced that all transfers are subject to auditing, noting that the decline in oil prices has nothing to do with the rise in the exchange rate.

Al-Alaq said in a press comment, “The Central Bank provides the dollar at the official price to all commercial and personal channels, travelers, and all types of operations that represent legitimate activities, operations, and requests.”

He explained, "Any price outside the country is a price that only indicates the presence of abnormal operations that are trying to get out of the official and legal system and the correct fundamental channels."

He stressed the importance of focusing on the amount of sales made by the Central Bank at the official price and those seeking the dollar, whether they are traders, importers, individuals or travelers. He explained that “the decline in the price of oil has nothing to do with the rise in the exchange rate. link

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Cutebwoy:  CBI Governor: We have mechanisms in place to guarantee dollar provision and are closely monitored

INA-  BAGHDAD

Ali Al-Alaq, the governor of the Central Bank of Iraq (CBI), declared on Wednesday that all financial transfers are auditable, but he also pointed out that the increase in exchange rates is unrelated to the drop in oil prices.  

"The Central Bank provides dollars at the official rate for all commercial and personal channels, travellers, and all types of operations that represent legitimate activities, operations, and requests," Al-Alaq said to the Iraqi News Agency (INA).

He emphasized the need to "focus on the amount of sale carried out by the Central Bank at the official rate and dollar seekers, whether they are traders, importers, individuals or travellers," noting that "any price outside the country is a price that only indicates abnormal operations that try to deviate from the official and legal system and the correct fundamentalist channels." 

"This is a major shift in external transfers where they were previously audited at a later stage and today all transfers are not carried out and are not implemented until after undergoing the audit process," he said, pointing out that "methods have been developed for each channel that secure the provision of dollars on the one hand and a very large amount of control to verify the safety of prior operations before their implementation."

"The decline in the price of oil has nothing to do with the rise in the exchange rate because Iraq has foreign currency reserves, which enables it to defend the exchange rate," he said

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Tishwash:  Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

Economic expert Dr. Safwan Qusay confirmed today, Sunday, that there are about 70 trillion dinars of free money supply, pointing out the possibility of investing it through the transition to the electronic system in financial transactions.

Qusay told Al-Maalouma, “Focusing on investing in financial inclusion is accompanied by many benefits, the most prominent of which is withdrawing the free cash flow outside the banking system, which is estimated at about 70 trillion dinars, or an average of 2 million dinars for every Iraqi citizen.”

He added, "This amount could lead to an increase in liquidity in banks and increase their ability to grant through small and medium income-generating projects or by increasing the capacity for long-term strategic investment financing."

He pointed out that "Iraqi banks have the qualifications to switch to the electronic system, noting that "the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy."   link

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Tishwash:  Parliamentary moves to increase state financial revenues

The Parliamentary Finance Committee revealed that it held a meeting with the Ministry of Planning to present proposals to maximize the state's non-oil revenues.

The committee's vice-chair, Ikhlas Al-Dulaimi, said in an interview with "Al-Sabah", followed by "Al-Eqtisad News", that "the committee met with the Ministry of Planning and had some proposals regarding maximizing the state's non-oil financial resources, indicating that these proposals need support from the Finance Committee, which will meet with a delegation from the Ministry of Planning to exchange views and proposals that would maximize the state's non-oil revenues."

Al-Dulaimi added that "the tax rate set by the government is very small and does not match the volume of imports, which amounts to approximately 20 trillion dinars. Therefore, this volume of imports should be accompanied by taxes commensurate with its size, but due to the old legislation that is not consistent with the state's vision and does not match the work of other bodies, the need calls for us to review and study the laws."

The MP pointed out that "the Finance Committee is adopting this issue, by submitting a comprehensive study aimed at maximizing non-oil revenues, especially taxes and customs."
It is noteworthy that the Finance Committee held a meeting the day before yesterday, Monday, which discussed the activation of non-oil revenues.

The head of the committee, Atwan Al-Atwani, stressed during the meeting the need for a representative from the committee to attend all meetings of the other parliamentary committees, to express an opinion on the joint laws, while the committee decided to conduct a field visit to the Kurdistan Region and the ports to follow up on the related control procedures.

The committee also discussed the possibility of legislating a special law on collection and taxation for all economic sectors, or including them in the economic reform law, in addition to discussing the proposal to establish a sovereign fund for the country, and forming a team to review government procedures related to revenues and estimate financial returns according to spending units. link

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Mot: . As They Say!! -- Stupid Is -- Stupid Does!!!!

Mot:   .... Its Been Proven!! -- My goodness, the earth is flat 🤣

Iraq Economic News and Points To Ponder Wednesday Evening 9-18-24

Central Bank Of Iraq: Oil Price Drop Has Nothing To Do With Dollar Exchange Rate Rise

Economy  | 18/09/2024   Mawazine News – Economy  The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that all transfers are subject to auditing, while indicating that the decline in oil prices has nothing to do with the rise in exchange rates.

Al-Alaq said, according to the official agency, that "the Central Bank provides the dollar at the official price to all commercial and personal channels, travelers, and all types of operations that represent legitimate activities, operations, and requests."

He pointed out that "any price outside the country is a price that only indicates the presence of abnormal operations that attempt to deviate from the official and legal system and correct fundamental channels," stressing the need to "focus on the amount of sales carried out by the Central Bank at the official price and those requesting the dollar, whether they are merchants, importers, individuals, or travelers."

He pointed out that "methods have been put in place for each channel that ensure the provision of the dollar on the one hand, and a very large degree of oversight to verify the integrity of the prior operations before they are implemented," noting that "this is a major shift in foreign transfer operations, as they were previously audited at a later stage, and today all transfer operations are not carried out or implemented except after being subjected to the auditing process."

He explained that "the decline in the price of oil has nothing to do with the rise in the exchange rate because Iraq has foreign currency reserves that enable it to defend the exchange rate." https://www.mawazin.net/Details.aspx?jimare=255061

Oil Prices Hit $73.67 Per Barrel

Economy   |  09/18/2024  Mawazine News – Baghdad  Oil prices steadied in early trading on Wednesday after rising in the previous two sessions, as investors awaited the Federal Reserve's expected decision to cut interest rates. Price action Brent crude futures for November delivery fell 3 cents to $73.67 a barrel by 0053 GMT. U.S. crude futures for October delivery fell 11 cents, or 0.2 percent, to $71.08 a barrel.

Both benchmarks rose about $1 a barrel on Tuesday amid continued supply disruptions in the United States, the world's largest oil producer, after Hurricane Frances, and as traders bet demand could pick up after what would be the first interest rate cut by the U.S. Federal Reserve in four years.

Prices were also supported by the prospect of wider violence in the Middle East, which could cause potential disruptions to production in a key region after simultaneous explosions of Hezbollah pagers, which the group blamed on Israel. The market was also supported by expectations that the United States would buy oil to shore up its strategic reserve.   https://www.mawazin.net/Details.aspx?jimare=255039

New Mechanism For Collecting Tax Amounts Electronically

Money and business  Economy News - Follow-up  Baghdad Municipality has adopted a new mechanism for collecting collection fees via electronic payment instead of the previous traditional method of cash payment.

Director of the Adhamiya Municipality Department, Musab Al-Obaidi, said in an interview with "Al-Sabah", followed by "Al-Eqtisad News", that the municipality has converted the collection system from the paper system by the authorized person (field collector) to the electronic payment method, to ensure the implementation of government instructions in this regard and reduce routine and save time and effort for the employee and citizen alike.

He explained that the municipality has given the citizen the choice of paying the amount via (MasterCard) or charging him 5 percent of the value of the amount if he pays it in cash at the department's headquarters to encourage electronic payment.

He added that the categories that pay fees to the state know the amounts owed in advance through the established criteria. For example, fees for commercial stores are estimated at 10 percent annually of the value of the lease contract, in addition to other known fees such as waste removal fees, professional fees and advertising.

Al-Obaidi attributed the adoption of this mechanism to several reasons, most notably contributing to enhancing banking culture and how to deal electronically with card payments, in addition to getting rid of torn currencies and additional amounts deducted from citizens through efforts and estimates.

Citizens had previously demanded through "Al-Sabah" to cancel the role of the field collector and rely on electronic payment to avoid the estimates and efforts that some employees fall into, which negatively affect them by adding amounts to the established wages, thus burdening them. 114 views 09/18/2024 - https://economy-news.net/content.php?id=47722

US Ambassador: Iraq Is Capable Of Creating An Economic Model To Be Emulated

Politics | 02:23 - 18/09/2024   Mawazine News – Baghdad  US Ambassador Alina Romansky confirmed on Wednesday that Iraq is capable of creating an exemplary economic model, while pointing to cooperation with Iraqi organizations to improve water access for more than 100,000 people.

Romansky said, according to the official agency, at the conference launching the National Strategy for Environmental Protection and Improvement in Iraq: "This is a pivotal and important stage that will support Iraq's efforts in building the country and the changes taking place today and for future Iraqi generations," noting that "this will be a vision for Iraq's requirements and confronting the environmental challenges that Iraq has faced from population growth and natural resources that have restricted development in Iraq."

She added that "drought continues to harm the agricultural sector and affects the security and safety of the country, and that this strategy is an opportunity for us to work together and unite to take action," indicating that "in the past two decades, the United States has done its work to support Iraq, enhance security and safety, and promote prosperity for all Iraqis."

“This year, the United States and its partners have invested more than $2,000,000 to support vulnerable communities in Iraq facing the challenges of climate change in partnership with the World Food Programme and UNICEF,” she said, noting that “through these initiatives, we are trying to improve access to clean water, protect farmers’ lives, and build more climate-resilient communities.”

Romansky explained that “our programs and partnerships are producing positive outcomes, and collaboration with local Iraqi organizations and multilateral organizations is improving access to water for more than 100,000 people through investing more than 1,000,000 cubic meters of water.

Another initiative has helped more than 200,000 farmers produce thousands of tons of food and produce food using less electricity and more water,” noting that “we will continue to support Iraq’s development and Iraq’s sustainable goals for adapting to climate change.”

Romanski stated that "in cooperation with the Iraqi ministries, we participated with (UNDP), and worked together with the Iraqi government on this strategy to improve environmental protection. This includes coordination with various government agencies to effectively develop Iraq's sustainable goals, and includes launching a strategy to help Iraq improve the balance and protect the environment, as well as an environmental protection and climate investment strategy."

She pointed out that "one of our goals is to have a roadmap for a green economy that is confirmed by adequate access for women, youth, and vulnerable communities facing challenges and climate change. The national strategy for protecting and improving the environment will become a guide for the United States and other donors to support the Iraqi government, and will enhance the response and solutions to be effective, including investment in the green economy and support for modern agricultural methods, and contribute to having a more diversified economy with the support of this strategy."

She expressed her thanks to "the Ministry of Environment, the Ministry of Environment team, the US Agency, and the United Security Development Team for their assistance in launching and activating this strategy," stressing that "the role played by international supporters from donors and local experts in including this strategy with effective participation will enable Iraq to create a better economy and will be a model to be emulated."

She explained that "the United States continues to strengthen bilateral relations and we will continue to support Iraq as we work together to enhance Iraqi sovereignty, security, safety and economic opportunities for all, and that this strategy will allow us to work together," praising "the work and this strategy, and now the real work has begun as we implement this plan to have a positive impact on the entire country."   https://www.mawazin.net/Details.aspx?jimare=255075

The Dollar Stabilizes Against the Iraqi Dinar at 151 Thousand

Economy  | 09/18/2024  Mawazine News – Economy  Mawazine News publishes today, Wednesday, the exchange rates of the dollar against the Iraqi dinar in local markets.   The prices are as follows:

Selling 151,000 Iraqi dinars for every 100 dollars  --   Buying 149,000 Iraqi dinars for every 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=255058

Central Bank Sales Exceeded $255 Million

Wednesday 18 September 2024 14:01 | Economic Number of readings: 69

Baghdad / NINA / The Central Bank of Iraq announced, today, Wednesday, the total sales of foreign currency through the electronic window.

The window recorded the total amounts of transfers abroad (remittances, credits) of $ 246,939,107, while the total cash sales amounted to $ 8,750,000, and the total sales amounted to $ 255,689,107.

The selling price for transfers and cash was assigned at 1310 dinars per dollar, while the bond credits and international settlements for the electronic card were at 1305 dinars. / End 11

https://ninanews.com/Website/News/Details?key=1155654

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/ 

Seeds of Wisdom RV and Economic Updates Wednesday Evening 9-18-24

Good Evening Dinar Recaps,

THE FED OPTS FOR JUMBO 0.5% RATE CUT — WHAT IT MEANS FOR CRYPTO

The Federal Reserve cut interest rates by 0.5%. Market participants are divided on whether the larger-than-ordinary cut is good news.

It’s finally happening: US interest rates are coming down.

Federal Reserve Chair Jerome Powell announced on Wednesday that the nation’s central bank will cut interest rates by 0.5%, bringing them to a range between 4.75% and 5%.

“The U.S. economy is in good shape. It is growing at a solid pace. Inflation is coming down,” Powell said.

Bitcoin rose half a percentage point to $60,500, while other major crypto assets like Ethereum and Solana stayed steady.

High interest rates make it more expensive for people to borrow money, and incentivises investors to buy risk-free Treasury bonds to earn yield.

When rates come down, however, taking loans becomes easier, which dynamises the economy, and investors are nudged to buy riskier assets like stocks and crypto.

The Fed began its course of interest rate increases in March 2022 to combat raging inflation. At the time, rates were 0%. By July 2023, they had been hiked to between 5.25% to 5.50%, marking the fastest and largest rate hike cycle in US history.

0.25% or 0.5%?
The lead-up to the rate cut announcement was somewhat uncommon because this time traders didn’t know what to expect: an ordinary 25 basis point cut, or a larger 50 bps cut. A basis point equals one-hundredth of a percentage point.

The market had priced the odds of a 0.5% cut at 61%, FedWatch data showed, while a 0.25% cut was given a 39% chance of occurring.

Even investment banks were divided on the issue, with Goldman Sachs and Morgan Stanley predicting a 0.25% cut, and JPMorgan, 0.50%.

Logically, you’d expect a bigger rate cut to be positive for investors, since it makes liquidity available faster. But calls for a 0.5% rate cut emerged alongside concerns that the US economy might be entering a recession.

“The 50 [basis point] cut might send a wrong message to markets and the economy. It might send a message of urgency and, you know, that could be a self-fulfilling prophecy,” George Lagarias, chief economist at consulting firm Forvis Mazars, told CNBC.

But recession fears have been overblown, Quinn Thompson, founder of crypto hedge fund Lekker Capital, told DL News. And investors worried about the market selling off are putting too much emphasis on precedent.

“People are simply looking at the two or three historical examples where the Fed started with 50 bps cuts and saying: ‘Oh, every time they cut 50 bps first, the market goes to shit,’” Thompson said.

@ Newshounds News™

Source:  DL News

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FEDERAL RESERVE MEETING MAJOR HIGHLIGHTS AND KEY POINTS

Federal Reserve cuts federal funds rate by 50 basis points to 4.75%-5.00%, aiming to balance inflation and economic stability. he added.  

• ️Fed cuts federal funds rate by 50 basis points to 4.75-5.00%, first reduction in four years.

• ▪️Powell cites solid economic growth and nearing 2% inflation target as key reasons for rate cut.

• ▪️Future projections suggest Fed rates could drop to 2.9% by 2026, amid cautious investor reactions.

The Federal Reserve lowered the target range for the federal funds rate by 50 basis points on Wednesday. This action brings the rate to a new range of 4.75% to 5.00%, which is the first decline in four years.

The decision is in line with the Fed’s policy of ensuring that inflation is kept in check without jeopardising the stability of the economy.

Federal Reserve’s Justification for Rate Cut

The Federal Reserve announced the rate cut citing recent economic figures that pointed to growth at a steady pace, but with some moderation. Although job creation has slowed down and the unemployment rate has risen marginally, inflation is slowly moving towards the Fed’s target of 2%.

@ Newshounds News™

Read more:  CoinGape   

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DONALD TRUMP MAKES HIS FIRST BITCOIN PURCHASE ON A BURGER AT PUBKEY BAR IN NEW YORK CITY

@ Newshounds News™

Read Here:   The Block

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BRICS announced a new payment system that excludes the U.S. Dollar  |  Youtube

@ Newshounds News™

Source: Seeds of Wisdom Team Currency Facts  

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Some “BRICS News” Wednesday 9-18-2024

BRICS Deal with Egypt and dismiss US and France's offers: What's next?

Fastepo:  9-18-2024

In recent years, Egypt has shifted its foreign policy and economic alliances away from its traditional Western focus, particularly on the U.S. and Europe, in favor of deeper engagement with Eastern powers, notably China and Russia, as well as key Middle Eastern nations.

This pivot reflects Cairo's pragmatic response to evolving global dynamics, as it seeks to diversify its economic and geopolitical ties amid shifting international power structures.

 Egypt’s partnership with China has flourished, primarily driven by shared economic and strategic interests. As a crucial participant in China's Belt and Road Initiative (BRI), Egypt plays a pivotal role in facilitating global trade through the Suez Canal, a critical artery in China’s maritime network.

Chinese investments in Egypt have surged, particularly in infrastructure, manufacturing, and energy sectors. The Suez Economic and Trade Cooperation Zone, which hosts numerous Chinese enterprises, exemplifies Beijing's commitment to strengthening Egypt’s industrial base.

China has now become the largest investor in Egypt's Suez Canal Economic Zone, with a notable presence in the construction of Egypt’s new administrative capital, a megaproject symbolizing Cairo’s ambitions for modern development. China’s approach—centered on non-interference and purely economic cooperation—contrasts with the U.S.’s historically military-driven engagement.

This has made Beijing an attractive alternative partner for Egypt. In 2022, bilateral trade between China and Egypt reached approximately $13 billion, and large-scale Chinese-funded infrastructure projects have helped create jobs and bolster Egypt's manufacturing capacity.

This growing relationship signals a broader reorientation in Cairo’s external relations, aimed at reducing its reliance on Western aid, often conditioned on political reforms and human rights concerns.

https://www.youtube.com/watch?v=tWY9QBtuuLw

From FARMS to FINANCE: BRICS Crushes U.S. Economic CONTROL

Think BRICS:  9-18-2024

The BRICS nations are shaking up the global economic order, challenging U.S. dominance in trade, agriculture, and finance. This video explores how BRICS economic dominance is reshaping the world by disrupting reliance on the U.S. dollar and shifting global trade dynamics.

With a growing agricultural trade deficit, the U.S. is losing its long-held position as the world’s breadbasket, while BRICS countries like China and Brazil are stepping into the spotlight.

 From China’s shocking cancellation of massive wheat orders to the rise of a BRICS alternative payment system, the video explains how these moves are impacting U.S. farmers and global food markets.

The multipolar world BRICS envisions, with local currency trade, is steadily materializing, reducing dependency on Western financial systems like SWIFT.

Countries are increasingly settling trade in renminbi and other local currencies, furthering de-dollarization. As the U.S. agricultural exports decline and BRICS nations solidify their financial infrastructure, this shift could lead to a future where the China global reserve currency plays a central role, destabilizing traditional power structures.

The video also discusses how these changes are causing a disruption in the agriculture market, posing a threat to global food security.

00:00 - Introduction: BRICS nations leading global economic transformation

 00:38 - BRICS redefining trade and finance through local currencies

01:14 - U.S. agricultural dominance challenged by BRICS nations

02:32 - China's wheat cancellations impact global markets

03:47 - U.S. crop price decline and BRICS trade shifts

04:22 - BRICS countries trading outside the U.S. dollar

 04:56 - BRICS economies surpass G7 in GDP at purchasing power parity

 05:40 - BRICS' financial infrastructure and development bank expansion

06:14 - BRICS' alternative international payment system

06:49 - U.S. response to BRICS and potential tariffs

 07:26 - China's nuanced strategy and rise of a multi-currency system

 08:07 - Regionalization of the global economy and challenges for the West

 08:43 - BRICS fostering a multipolar world and influencing agriculture

09:21 - BRICS economic growth and global South's increasing influence

10:03 - Conclusion: BRICS reshaping global economic and trade systems

https://www.youtube.com/watch?v=WGGOftjuGTY

Wednesday Evening Chat With MarkZ 9-18-2024

Wednesday Evening Chat With MarkZ

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: RV there yet…lol

Member: Good Evening everyone….there was tons of chatter on all of the boards today!

​​Member: lots of talk today about Nesara... wonder what's happening?

Member: We need less talk and more action….imo

MZ:  We are watching it all come together…the question is when?  Is it now or 4 days from now…is it a week?

​​Member: TNT is saying that it starts tomorrow….$.30 cents on Bolivar.” $3.41 on Dinar…..47 cents on dong, and $1.08 on Rupiah

Member: Mark, please …please give us some hope??? This has dragged on and on…

MZ: I fully expected to have good bond reports this evening. Most are still silent.

MZ: “Fed and Powell unleash chaos across markets with a “Not a crisis at all” rate cut of 50 basis points”  The general consensus leading into today was a 25 point cut….The market did not like it…but gold loved it and shot up to $2600 …The government and the fed chose themselves over the people.

MZ: I like this article from Iraq…They are saying they have a lot of foreign currency and ways to defend their exchange rate.  Why is this important? They are telling us Iraq is ready

MZ: What have we gotten this week? We have movement in the HCL….salaries are suddenly being agreed on….which imo- they could not agree on without knowing the new rates…..we have them telling us the money laundering issue with Iran are taken care of….and the comment about 10 days ago from Sudani that they plan on lifting the value of the dinar during his term….which is in the next couple of months..

MZ: So buckle up and try not to lose faith

Member: It sounds like they are ready, we are ready, so let's go, baby!!

MZ: I have a number of group leaders and bankers who swear we are getting it in the next 4-5 days. I sure hope they are right.

Member: Any news on CMKX or farmers pay outs?

MZ: No- nothing new. We saw what appeared to be test payments on those initial Pigford farm claims …and some original farm claims who said they got sizable deposits

Member: Sure makes me think that we may have shotgun start after all…..

Member: Just wish somebody would do something somewhere.

Member: I believe we will see it before end of October. listening to Kim Clement

Member: Thanks to all for your encouragement…it will hit suddenly and ll this waiting will be worth it.

Member: See all of you tomorrow morning….hoping for big RV news by then

Mod: Join us for Whiskey and Wisdom tonight at 8 pm est…..

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Youtube:     https://www.youtube.com/watch?v=LALMD-Qy_nM

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 9-18-24

Good Afternoon Dinar Recaps,

Report on Powell's decision regarding the FED rate cut will be in the 10pm Newsletter.  ~  The Newshounds

~~~~~~~~~

WHAT IS THE U.S. DOLLAR’S ROLE IN STABLECOIN ECOSYSTEMS?

Stablecoins have seen explosive growth in the last four years, increasing from a $17.6 billion market capitalization to $170.6 billion. The number of holders has also skyrocketed from 3.78 million to 119.72 million. However, this growth brings critical questions. How safe is it to hold stablecoins?

How secure are the assets backing stablecoins? Could stablecoins pose a threat to traditional banking systems, and how might governments react to such competition?

▪️What is money?
▪️The trust model
▪️What is fiat money?
▪️Why are the majority of stablecoins pegged to USD?
▪️How do stablecoins maintain their peg?
▪️The future of stablecoins and government action

These are essential questions, yet they are often ignored. The TerraUSD (UST) collapse serves as a prime example, where only a small group of investors and analysts predicted its downfall before it finally happened. Many users simply trusted the system without questioning the true stability of the underlying assets. And, unfortunately, because of that blind trust, they lost a lot of money. Understanding the risks requires first exploring the broader concept of what money represents.

What is money?
Money = value. When a person buys a chocolate bar, they exchange money for that value. The merchant can then use the money to obtain the value they need in return.

Money hasn’t always existed in the form of paper bills or digital currencies. In ancient times, people used cattle, leather, mollusks, wheat, and salt as mediums of exchange. 

Eventually, societies shifted to gold as a more standardized form of value. But imagine going to the store and buying a chocolate bar for the price of 0.0353 ounces (1 gram) of gold. This would require scales, cutting tools, and is simply not convenient.

So, the government created a model that worked this way: The government takes your gold in exchange it gives you money depending on the exchange rate. It was the Gold Standard, which happened first in England in 1816. In time, the government changed the model now they were printing money without anything backing it, which is where we are now.

The trust model
The evolution from tangible value to paper money introduced a key factor: trust. Initially, people trusted the inherent value of a commodity like gold. Today, trust has shifted from something (gold) to someone (the government or central authority). Trust forms the basis of modern currency systems.

Without trust, exchange would be impossible. For instance, no one would sell a house for a bag of rocks because rocks hold no universal trust or value.

Modern money, whether paper or digital, holds value only because of collective trust in the government or the central institution behind it. Without this trust, money would revert to being worthless pieces of cotton and linen.

What is fiat money?
The term “fiat” refers to a decree or order issued by someone in authority. When it comes to fiat money, its value stems not from any intrinsic property or commodity backing but from the government’s declaration that it holds value. In simple terms, money has value because the government says so.

Cons of fiat money
Fiat money has several critical weaknesses. It is centralized, meaning that trust is placed in the actions and integrity of banks and governments.

JPMorgan Chase data breach (2014): The data of 83 million accounts was compromised.
Wells Fargo s16): Ovcandal (20er 2 million fraudulent savings and checking accounts were created without clients’ consent.
India’s demonetization (2016): Overnight, the government declared that 86% of the country’s currency circulation, 500 and 1000 rupee bills, was no longer valid.

Another problem with fiat money is excessive printing, which leads to inflation.
Germany (Weimar Republic, 1923): Prices doubled every two days during hyperinflation.
Brazil’s inflation (1985-1994): Prices increased by a staggering 184.9 billion percent during a decade-long crisis.
Venezuela (2015-2022): The cumulative inflation rate from 2016 to April 2019 reached 53.8 million percent.

So, several problems plague traditional money systems. First, paper currency can become worthless overnight due to governmental decisions. Second, the stability of money varies widely between countries. Inflation affects all currencies, but some experience it more severely, leading to rapid devaluation and loss of purchasing power.

But digital fiat money introduces its own set of issues. Banks operate on a fractional reserve system, meaning they hold only a portion of customer deposits in reserve. Laws and regulations, such as the Basel Accords and national banking laws, permit banks to lend out the majority of deposited funds. This practice transforms money into mere numbers on a ledger, essentially IOUs, without full backing.

The fractional reserve system also brings the risk of a bank run, where a large number of customers withdraw their funds at once due to fears about the bank’s solvency. Since banks do not hold all deposits in reserve, they often cannot meet the sudden demand for cash, which leads to panic and potential bank failure.

Stablecoins operate on a different level from traditional fiat money but are not entirely immune to these issues either. Unlike fiat currencies, stablecoins like USDT, USDC, and DAI aim to maintain a stable value by being pegged to a fiat currency, usually the U.S. dollar.

Why are the majority of stablecoins pegged to USD?
Before understanding how stablecoins differ from traditional fiat money, we need to explore why the U.S. dollar holds such a dominant position. Why not the Swiss Franc or the Japanese Yen?

Many would respond that the dollar is simply used everywhere, but the real question is why it became the world’s dominant currency in the first place.

The U.S. dollar’s dominance is due to its “exorbitant privilege.” As long as the dollar remains the world’s reserve currency, the United States avoids balance of payment crises.

Through mechanisms like the Petrodollar system and the forced purchase of the U.S. Treasuries by foreign central banks, the U.S. could borrow cheaply and spend without immediate consequence.

The system allows the U.S. to print dollars and use them to buy real goods and services globally, exporting the inflation created to other countries.

This is one reason developing nations often suffer from higher inflation—they absorb the inflationary effects of American monetary policy. In essence, the U.S. has a unique advantage in the global economy, trading printed money for tangible goods without immediately facing inflationary pressures domestically.

The Federal Reserve lowers interest rates or engages in quantitative easing to inject new dollars into the economy. Such actions increase the total supply of dollars circulating globally. U.S. governments, corporations, and banks benefit from the system by accessing cheaper credit, which leads to the creation of more dollars as loans are issued. Newly minted dollars are used to import goods from abroad, further pushing dollars into foreign economies.

Once foreign countries accumulate dollars, they face a critical choice. They can allow their own currency to appreciate against the dollar, but doing so would harm their export competitiveness. Alternatively, they can print more of their own currency to maintain its value relative to the dollar.

However, this approach often leads to domestic inflation, creating a cycle in which foreign central banks must balance the value of their currency against the effects of inflation.

The U.S. benefits enormously from the global arrangement. When foreign countries accumulate dollars, they frequently invest them in U.S. Treasuries, which effectively lend money to government at low interest rates.

The process helps the U.S. finance its deficit spending on war, infrastructure, and social programs. The U.S. can sustain such expenditures because foreign nations continue to buy its debt, driven by their need to hold dollars for trade and financial stability.

This is why the vast majority of stablecoins are pegged to the U.S. dollar, and almost the entire stablecoin market revolves around it as the anchor.

In just four years, the monthly transfer volume of stablecoins has increased from $202 billion to $3.6 trillion.

To put that into perspective, when compared with traditional finance, the U.S. dollar forex trade in 2022 reached $2,739 trillion, according to the Progressive Policy Institute. By 2024, it is reasonable to estimate that trade will grow to $3 trillion, translating to approximately $250 trillion traded per month. So, stablecoins already represent nearly 1.5% of the dollar trade.

How do stablecoins maintain their peg?
The vast majority of stablecoin market volume and capitalization is concentrated in three primary coins: USDT, USDC, and DAI. Each of these stablecoins employs different mechanisms to maintain their peg to the U.S. dollar.

USDT
Tether keeps its peg to the U.S. dollar through a system of reserve assets and strict issuance protocols. For every USDT token in circulation, an equal amount of value exists in reserve, typically held in cash, cash equivalents, and U.S. Treasuries. The reserves ensure that each USDT can be exchanged for one USD.

When demand for USDT grows, Tether issues additional tokens, matching them with the necessary reserve assets. In contrast, when users exchange USDT for USD, the tokens are destroyed to keep the supply in line with the reserves.

The peg always deviates slightly due to liquidity imbalances or shifts in supply and demand on exchanges.

For instance, during periods of heightened market activity or stress, a sudden surge in demand for USDT could cause the price to rise above $1, as traders may pay a premium for quick access to a stable asset. Conversely, a rapid sell-off of USDT can lead to a brief dip below $1, as the supply temporarily exceeds demand.

Only entities that are verified and have an account with Tether can directly exchange USDT for USD. Typically, these entities are institutional clients, large traders, or exchanges. On the other hand, retail investors or smaller traders cannot redeem USDT directly from Tether. Instead, they usually convert USDT to USD on cryptocurrency exchanges.

However, controversy has surrounded Tether for years, and negative sentiment remains strong. One of the primary concerns revolves around the transparency of Tether’s reserves.

Critics have questioned whether Tether has always maintained a full 1:1 backing for USDT tokens. In 2021, Tether settled with the New York Attorney General’s office after an investigation found that Tether had misrepresented the extent of its reserves in the past.

Another point of criticism is the lack of full audits by top-tier accounting firms. While Tether has started providing transparency reports on a quarterly basis, many are skeptical due to the absence of comprehensive audits by major global accounting firms.

Despite the controversies and skepticism, Tether remains extremely profitable due to its widespread use.  In the first half of 2024 alone, Tether reported a profit of $5.2 billion.

When demand for USDT grows, Tether issues additional tokens, matching them with the necessary reserve assets. In contrast, when users exchange USDT for USD, the tokens are destroyed to keep the supply in line with the reserves.

The peg always deviates slightly due to liquidity imbalances or shifts in supply and demand on exchanges.

For instance, during periods of heightened market activity or stress, a sudden surge in demand for USDT could cause the price to rise above $1, as traders may pay a premium for quick access to a stable asset. Conversely, a rapid sell-off of USDT can lead to a brief dip below $1, as the supply temporarily exceeds demand.

Only entities that are verified and have an account with Tether can directly exchange USDT for USD. Typically, these entities are institutional clients, large traders, or exchanges. On the other hand, retail investors or smaller traders cannot redeem USDT directly from Tether. Instead, they usually convert USDT to USD on cryptocurrency exchanges.

However, controversy has surrounded Tether for years, and negative sentiment remains strong. One of the primary concerns revolves around the transparency of Tether’s reserves. Critics have questioned whether Tether has always maintained a full 1:1 backing for USDT tokens.

In 2021, Tether settled with the New York Attorney General’s office after an investigation found that Tether had misrepresented the extent of its reserves in the past.

Another point of criticism is the lack of full audits by top-tier accounting firms. While Tether has started providing transparency reports on a quarterly basis, many are skeptical due to the absence of comprehensive audits by major global accounting firms.

Despite the controversies and skepticism, Tether remains extremely profitable due to its widespread use.  In the first half of 2024 alone, Tether reported a profit of $5.2 billion.

USDC
USDC operates in much the same way as USDT. However, the key difference lies in USDC’s emphasis on regulatory compliance and transparency. USDC Coin conducts monthly audits through top-tier accounting firms to verify its reserves to ensure users that each USDC token is backed 1:1 by real assets.

 The audit process provides a higher level of confidence compared to Tether’s quarterly attestations, as it aligns more closely with regulatory standards in traditional finance.

Despite their differences in transparency and regulatory alignment, both USDT and USDC share one major characteristic: centralization. The issuers can freeze or block tokens in specific accounts in compliance with legal orders.

Both stablecoins have a history of blocking addresses when required by law enforcement or government authorities, which adds a layer of control that conflicts with the decentralized ethos of crypto.

DAI
But unlike USDT and USDC, DAI is a decentralized, overcollateralized stablecoin. DAI is not issued by a centralized entity but is instead generated by users who lock up cryptocurrency (such as Ethereum) as collateral. The system requires that the value of the collateral exceed the value of the DAI generated.

So even if the collateral’s value fluctuates, DAI remains adequately backed. If the value of the collateral drops too much, it is automatically liquidated to maintain the peg. One of the major advantages of DAI is that it cannot freeze, block, or blacklist specific addresses.

The future of stablecoins and government action
At present, stablecoins already represent around 1.5% of the global U.S. dollar trade, but the real tipping point will come when that figure reaches a much higher level — somewhere between 5% and 15%.

Once stablecoins capture that much of the market, governments will likely need to work in tandem with the issuers, creating a regulated environment that merges traditional finance with the growing crypto ecosystem. Governments could either embrace stablecoins as a way to enhance the global dominance of the U.S. dollar or respond with strict regulatory oversight.

While some may suggest that governments might try to make stablecoins illegal, that scenario seems unlikely. Stablecoins, especially those pegged to the U.S. dollar, further cement the global power of the U.S. currency, aligning with national interests rather than working against them.

By maintaining the status of the USD in global transactions through stablecoins, governments are likely to see their value in reinforcing the American dollar’s position worldwide.

But the rise of stablecoins also raises questions about security and reliability. Holding traditional paper money presents its own risks, including inflation and devaluation. Digital money in banks is also vulnerable, as seen with events like bank runs or systemic failures. And stablecoins carry big risks as well.

The collapse of TerraUSD, despite its entirely different structure from assets like USDT, USDC, and DAI; the situation with Silicon Valley Bank and USDC’s brief de-pegging in 2023, along with long-standing controversies surrounding USDT’s transparency, has shown that stablecoins are far from immune to market shocks and liquidity issues. While they offer some advantages, they are not entirely reliable for long-term wealth storage.

So, what should one hold? Following the TerraUSD collapse, it became clear that holding too much in any one stablecoin can be risky. A more balanced approach might involve holding assets that appreciate in value, such as stocks, bonds, BTC, ETH, SOL, or real estate while maintaining a small portion of cash or stablecoins for liquidity purposes.

Ideally, this reserve should be enough to cover between 3 to 24 months of expenses, depending on one’s risk tolerance, and it could be kept in a high-yield savings account or through well-established decentralized finance platforms.

@ Newshounds News™

Source:  Crypto News

~~~~~~~~~

The Fed Meeting Isn’t the Only Rate Decision to Watch. Why Japan Could Matter More.

The unwinding of the yen carry trade that was blamed for August’s short-lived market turbulence might not be finished yet. That makes the Bank of Japan, not the Federal Reserve, the most important central bank meeting this week.

@ Newshounds News™

Read Here: Telegraph

~~~~~~~~~

Switzerland’s SIX Reveales Plans to Launch Cryptocurrency Trading Platform in Europe

Read Here:  CoinSpeaker  

~~~~~~~~~

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Thank you Dinar Recaps

Bruce’s Big Call Dinar Intel Tuesday Night 9-17-24

Bruce’s Big Call Dinar Intel Tuesday Night 9-17-24  

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It is Tuesday, September 17TH and you're listening to the big call. Thanks everybody for tuning in listening to us tonight, being part of what we're all experiencing, what we're all going to go through. And I'm excited about tonight and what my segment is going to be about, and also very excited about to bring to us, and what Bob will bring –

Well. Thank you very much, Bob, anything else that we should know about before we switch to the Intel portion? No, that's it, Bruce. It's seven minutes after 10. Thank you. Thanks a lot. Thanks.

I’m going to go right into theme that was mentioned by Sue,  the Med Bed – I don’t usually bring much up pretty much about it but  there is a couple of things that happened, I think you guys should know about -  it is that one of  the leaders if you will -  in charge of the Med Bed -  for us have changed for us  - in the amount of time  we get – that we regress – go back to –

It was a set to go back 30 years. And the discussion was held and on Saturday, and they said, Well, why don't we do it this? Why do we have to do this way? WhyI can't go further back. And the idea was, if you're 80 years old, but you're 80, you could go back to the age of 30. So that's 50 yr age regression  or equivalent, you to go 80 more to go back 50 years.

That's pretty nice to go from 80 to age 30 and biological age is terrific. I think that is a major deal  right there -  and the other part of that - - Is the youngest age that you can go back to, say your my age, or Sue’s age or Bob's age, you can go back to the age of 28. And that's what I thought it was going to be originally but it changed a couple of times, and now that's, that's the age that I'll go back to. And I’m looking forward to that -  that was prime time -  terms of tennis and everything else -  just a head up, that's what the deal is .

I was told if you're a Zim holder, you get a little better, preferential treatment on this, you can go back in five days or so. After the exchange happens  - if you are a zim holder you ought to be able to get in the med bed  - I’m going to say 5-6 days -  from the people that are in charge – so I love that – that’s great -

Some people dire need, and fortunately, I qualify for that – and so  I will get in a little sooner, but it's all  good - something we should be able to take advantage of – and enjoy -  finish up.

I don’t know if many people know this but there's no Charge to go into the med bed - it's free, designed to be free. And I think that's wonderful  -

It is going to change the way Hospitals operate – to a large extent and some hospitals will remain, but they will become more like healing centers. Which has more to do with nutrition – and healing than it does hospital?

It is going to be interesting as we watch that happen and see what kind of resistance there is  and so on -  we have plenty of these things  around the country and around the world, but we have the greatest number of those  here in this country.

So I’m excited about that. I'm probably more excited about that than the money from the RV. That's in my personal situation -   

Let's go into what we heard just the last say or so about bond holders – Bond holders were supposed to be on a shot gun start with bond holders - They are getting funds put into their accounts - They can't already see them and some can, and some can't in their accounts when they try to go online  and put their codes in -  but they are supposed to have access to those funds  in the next few days,

I've been told, Thursday or Friday -  so that's  coming up pretty quickly – next Tuesday - . So in two to three days should have access to those accounts.

 Now, in keeping with the idea of a shotgun start fwhere everyone goes together tier 4 – that’s what we are in - . tier 4B tier four is what we refer to as the Admirals group - Which there are 21 or 22 already. So those guys should get their notifications the same time as we get ours, as I say. And here's  where we stand on that.

Intel does not need to be long – You guys just want to know “when” – I do too -

So here's what we got, the redemption center people that are in charge  getting out emails to the redemption center leaders throughout the country are told to put out those emails at six oclock tonight and would take approximately  45 mins or so  / hour max to get those emails out to redemption center leaders, or operatives  that is great - linked. And then short and sweet -  we have been told by numerous sources – that have redemption center in our  contacts  in several states – that we should be receiving our notifications – that ‘s our toll free number / 800 number – high noon tomorrow -  which is Wednesday, and so that's what we're expecting.

You guys remember – there was sort of a possible assassination attempt on Pres Trump last Saturday, and that delayed us one day, and they're dealing with and  that put us getting  notified  today

Okay, we can live with it, thank God they caught the guy trying to use weapon to assassinate Pres Trump  So keep himm in your prayers -  I think you will find  that  will be important in our future

So here’s where we are - on this, on this to – we always  talk about  where are we on Social Security increases? Still by the end of September -  Where are we on the  R & R – restitution and reclamation  6  - Also supposed to be this month  and I believe for us going for exchanges and redemption of zim  - we will have it already in our quantum account

When we go in for  our exchanges and redemption of zim – those totals we have from the currencies and zim -  when we  get our quantum account  opened up - we should have our R & R already in there, and then make sure you write down what it is  - they wont itemize it -  you’ll  just have it  - as Bob says – in a pile, so we have a total to write down, and you'll know that was your R & R, and then your currencies are so much from your dinar – and dong -  zim -  all of those on top of that, into your quantum account  - then you will  move with  quantum cards, from  to your primary Wells account  - or maybe you will want to call it your master account -

 okay, so that, and if we get notified when we expect tomorrow on the 18th, we will use that opening email from Wells Fargo servers to set appointment. And we are initiating that if we get the number per day where it comes in your appointment and how do they go change tomorrow?

So now I want to say we are with RNR debt forgiveness if you know, don't forget. Now you have mortgages, the credit card balances being zeroed out. That is all supposed to happen this month, by the end of September, and piece of everything.

So, by the way,  anything in the last few days that takes us off of this timeline, and so I'm going to believe to  be the absolute timeline for us.

Bruce’s Big Call Dinar Intel Tuesday Night 9-17-24  REPLAY LINK  Intel Begins 1:02:20

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH56t

Bruce’s Big Call Dinar Intel Thursday Night 8-29-24   REPLAY LINK   Intel Begins   1:13:30

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5uP

Bruce’s Big Call Dinar Intel Tuesday Night 9-10--24  REPLAY LINK  Intel Begins 1:07:27

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5TN

Technical difficulties with  Bruce's Recorded Call Transcription -  Please clink on the link below and listen to all or partial recording - Bruce's intel segment begins at approximately the 1:02:02 time frame  - thank you

Bruce’s Big Call Dinar Intel Thursday Night 8-29-24   REPLAY LINK   Intel Begins   1:02:02

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5SS

Bruce’s Big Call Dinar Intel Tuesday Night 9-3--24  REPLAY LINK  Intel Begins 1:04:04

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5Uy

Bruce’s Big Call Dinar Intel Thursday Night 8-29-24   REPLAY LINK   Intel Begins   1:10:50

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5jv

Bruce’s Big Call Dinar Intel Tuesday Night 8-27-24  REPLAY LINK  Intel Begins 1:19:19

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FH5Dy

Bruce’s Big Call Dinar Intel Thursday Night 8-22-24   REPLAY LINK   Intel Begins   1:32:32

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHhEg

More News, Rumors and Opinions Wednesday Afternoon 9-18-2024

KTFA:

Clare:  Launch of the Iraqi-Azerbaijani Businessmen Forum in Baku

9/18/2024

The Azerbaijani capital, Baku, witnessed the launch of the Iraqi-Azerbaijani Businessmen Forum on Tuesday, in the presence of the Iraqi Minister of Trade, Athir Al-Ghariri, and the Azerbaijani Minister of Economy, Mikail Jabbarov.

In a speech he delivered at the forum, Al-Ghariri referred to the depth of historical relations between Iraq and Azerbaijan, and the importance of strengthening them by establishing real partnerships between businessmen from the two countries, which would contribute to enhancing economic growth, according to the Russia Today Arabic website.

Al-Ghariri called on Azerbaijani companies and investors to enter the Iraqi market and explore available investment opportunities, stressing the need to increase the export of Iraqi products to Azerbaijan.

He stressed the importance of cooperation in the field of localizing the gold industry in Iraq, where they discussed ways to benefit from Azerbaijani expertise to support and develop this vital sector in a way that serves the Iraqi economy.

For his part, Azerbaijani Minister of Economy Mikail Jabbarov stressed his country's keenness to develop trade and investment relations with Iraq.

The forum was attended by a large number of Iraqi and Azerbaijani traders and businessmen.  LINK

************

Clare:  Is the decline in oil prices related to the rise in exchange rates? An "important" clarification from Al-Alaq

9/18/2024  Baghdad

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that all transfers are subject to auditing processes, while he indicated that the decline in oil prices has nothing to do with the rise in the exchange rate.

Al-Alaq told the official agency, which was followed by "Al-Eqtisad News", that "the Central Bank provides the dollar at the official price to all commercial and personal channels, travelers, and all types of operations that represent legitimate activities, operations, and requests." 

He pointed out that "any price outside the country is a price that only indicates the existence of abnormal operations that attempt to deviate from the official and legal system and the correct fundamental channels," stressing the need to "focus on the amount of sales carried out by the Central Bank at the official price and those seeking the dollar, whether they are traders, importers, individuals or travelers."

He pointed out that "methods have been put in place for each channel to secure the provision of dollars on the one hand, and a very large degree of oversight to verify the integrity of the pre-operations before they are implemented," noting that "this is a major shift in foreign transfer operations, as they were previously audited at a later stage, and today all transfer operations are not carried out or implemented except after they are subject to the auditing process."

He explained that "the decline in the price of oil has nothing to do with the rise in the exchange rate because Iraq has foreign currency reserves that enable it to defend the exchange rate."  LINK

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Saleh on television saying we will have more digital banks in Iraq than the entire surrounding region of the Middle East.  They're saying the new banking reform will eliminate the black market.  FRANK:  BOOM!  There it is.  There it is.  There it is.

Militia Man The digital transformation is here and it's only going to grow and grow and grow in totality...When they're going from a cash economy to a digitized cashless economy, is going to have what?  Article VIII compliant currency on an international global Forex market.  That's what we should expect at any time...

************

LIONS! TODAY WE ROLL! CRITICAL UPDATES: REAL ESTATE, STOCKS, GOLD, SILVER, CRYPTO, MORE.

Greg Mannarino:  18-2024

https://www.youtube.com/watch?v=qf3KyjWmW2Y

Fed’s Biggest Rate Cut in Years; Here’s Why it Will Wreck the Economy

Daniela Cambone:  9-18-2024

"There's a possibility that we may need a currency alternative to the dollar, because the central banking system is trying to make it collapse," says Todd Bubba Horwitz, founder and CEO of Bubba Trading.

 In an interview with Daniela Cambone, he criticizes the Fed for its irresponsible actions of printing money to stimulate the economy.

 "If you recognize the definition of a Ponzi scheme, you create new money to satisfy old debt, which is what we've done." He also comments that people are spending more than they make, making the case for the precarious situation with consumer debt hitting record highs.

 Horwitz maintains his bullish outlook on gold and silver, predicting the precious metals to go higher this year.

https://www.youtube.com/watch?v=JRvWGT9VnVs

“Coffee With MarkZ” Wednesday Morning Chat 9-18-2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning and welcome to mid week already…..Is this our big day??????

Member: We should have known all along... IRAQ, "Its Really Always Quiet" It’s in their name

Member: Anybody hearing any good news? Bruce thinks we’re going to get numbers this afternoon

Member: Jeff Rahm says the rv has started and Reno is going.

Member: I hear it could be between now and Sunday for an RV

MZ: That’s pretty much what I have been hearing.

MZ: My bond people have been eerily quiet with only one of them checking in…..and their appointment has been punting from today to Saturday…..but it’s because they did not meet compliance and had a document that needed correction…I am waiting for updates from others to see if anything is moving today or this week…...

Member: Those poor bond people…..must be even more frustrated than we are!

Member: Perhaps; the Bonds are being paid on the QT with a caveat that peeps keep their yap-shut? Thus; the paid-out funds are finally released at one time at the end ?

Member: I hear some bond people have been paid but funds not released yet?

MZ: That is my understanding as well.

Member: I’ve heard all bonds paid to all tiers! Just waiting for notification ‘s ! Green light is on ! Let’s getter done

Member: I have friend who is Native American. He received notification from the heritage fund.

Member: MARKZ, A RATE question, VND ,IYO, will IT be higher than $.47?

MZ: Most rumors put the rate somewhere around $2.25 to $3 or so…..But we don’t know that answer for certain.

Member: We have always been told this event would happen in the dead of night when no one would expect it. It that iraq’s overnight or ours????

MZ: I was told that the most likely time for this to happen was between 11 pm to 2 pm est…Because that time would be easiest for the entire world to do a reset…..It does not have to be during that time but, it is the most likely time.

MZ: “Nassim Taleb : People aren’t seeing the real de-dollarization ” I thought this was a fantastic read from Mike Maharry….he writes over at MoneyMetals. He goes through the history of de-dolarization and what we have watched occur. The world has de-dollarized over 14% wihin 2 years. He shows us the slowly, slowly, Suddenly …and the suddenly part is happening real soon.

Member: Recaps posted it yesterday….good article

Member: Dow down 120. Could today be the day it crashes?

Member: Greg Mannarino thinks the crash will happen this week.

Member: Sleepers will wake up quickly when the ATMs are empty

Member: Sudani meant to attend UN General meeting next week – I wonder if he will go with the 1310 rate????

Member: Goldilocks has said that October 1st is a Basel 3 deadline first step for large US banks to have a small percentage of physical gold,

Member: The Harvest Blood moon was yesterday, the harvest is here, new beginnings.... we manifest this worldwide wealth transfer now

Member: The end of USA Physical Year in 12 days .. Rosh Hashanah, New Year 5785 in 14 days ...

Member: Happy Days are coming friends

Member: Thank you all for everything you do to make this a better world!!!!

Member: Hope you are all having an amazing Wednesday

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=2n3dBkw3vGo

Seeds of Wisdom RV and Economic Updates Wednesday Morning 9-18-24

Good Morning Dinar Recaps,

RIPPLE CLO NAMES KEY CONDITION FOR RIPPLE ACQUIRING HIGH POSITION IN US CRYPTO MARKET

Ripple’s chief legal officer Stuart Alderoty has taken part in Financial Markets Quality Conference 2024, where he spoke along with high-ranking representatives of such crypto giants as Robinhood, Grayscale and others. 

Once again Alderoty weighed in on the current lack of clear cryptocurrency regulations in the U.S., referring to this long-lasting situation as a “regulatory cloud.” He made a statement that once this “regulatory cloud” is removed and the U.S. gets “come policy clarity,” Ripple will become “the most trusted source for enterprise support for crypto solutions in the US!”

Ripple beats SEC by scoring two legal wins Over the last year, Ripple has scored important victories in court against the Securities and Exchange Commission spearheaded by Gary Gensler. 

Last year, in the summer, Federal Judge Analisa Torres ruled that XRP sales on secondary markets did not qualify as security sales. This largely gave the XRP the official status of nonsecurity, and in its later lawsuits against crypto exchanges, the SEC avoided calling XRP that.

This year, the SEC requested that the court make Ripple pay $2 billion in fines and also compensate the regulatory agency for the expenses and efforts invested in the suit.

However, the judge stated that Ripple must only pay $125 million to the SEC, while the blockchain company initially said that $10 million would be a fair amount in this case.

Ripple endorses RLUSD stablecoin in recent post In a recently published X post, the official Ripple account shared its article on stablecoins, underscoring its revolutionary role in the sphere of transnational payments. 

The major convenience of these assets is their peg to fiat currencies, like the U.S. dollar or euro, for those users who are troubled with the high volatility level of cryptocurrencies, like Bitcoin.

In 2022, the article says, there was an almost $7 trillion worth of international transfers made with the help of fiat-backed stablecoins, in collaboration with Mastercard and PayPal.

As for Ripple’s stablecoin, RLUSD, launched in early August, it was designed to keep a constant U.S. dollar peg. It is fully backed by a mixture of cash and its equivalents on a 1:1 basis. It is totally compliant with the regulators, according to Ripple.

@ Newshounds News™

Source:  U Today

~~~~~~~~~

CIRCLE EXPANDS ACCESS TO USDC IN BRAZIL AND MEXICO

In what should be an important development for the stablecoin, Circle has expanded access to its USDC offering in both Brazil and Mexico. Indeed, the token is using local payment systems to grow the potential user base for the cryptocurrency. This should push increased adoption for the second-largest stablecoin by market cap.

The company announced the availability of USDC through local currency in both countries. Additionally, they have stated the move is a key part of its “mission to harness the power of blockchain networks to eliminate deeply embedded friction from value-exchange.”

Circle USDC Now Available in Both Brazil and Mexico Through Local Currency
The importance of stablecoins cannot be understated. Although different from the overarching crypto sector, these assets are backed by traditional currencies like the US dollar. They provide a host of benefits to different regions as a safer way to gain exposure to both national currencies and crypto.

@ Newshounds News™

Read more:  Guru Watcher

~~~~~~~~~

Centre for the Fourth Industrial Revolution to Launch in Medellín, Colombia

▪️The World Economic Forum, in collaboration with the City of Medellín, will re-establish a Centre for the Fourth Industrial Revolution (C4IR) in Colombia in October 2024.

▪️The new centre will accelerate the responsible adoption of AI and technology-based solutions for urban transformation in Medellín, with the potential for broader impact in Colombia and Latin America.

▪️C4IR Colombia will rejoin a global network of 21 centres, spanning five continents, that seeks to maximize the benefits of technology.

▪️Read more about the global Centre for the Fourth Industrial Revolution network and its impact in 2022-2023.

Geneva, Switzerland, 13 September 2024 – The World Economic Forum and the City of Medellín will establish a Centre for the Fourth Industrial Revolution in Colombia in October 2024. 

The new centre will serve as a leading AI innovation hub, bringing together stakeholders from business, government and civil society to develop AI strategies and solutions for more inclusive, sustainable and prosperous cities. The announcement was made by Sebastian Buckup, Member of the Executive Committee of the World Economic Forum, and Federico Gutiérrez, Mayor of Medellín.

The Colombia Centre for the Fourth Industrial Revolution (C4IR Colombia) will be hosted by Ruta-N Corporation and will serve as a hub for public-private collaboration, enhancing local and regional capacity to harness the benefits of the Fourth Industrial Revolution.

Through this collaboration, the centre will implement and amplify best practices and strategic frameworks for leveraging AI in the responsible digital transformation of cities.

“We are delighted to welcome back the Centre for the Fourth Industrial Revolution Colombia in the World Economic Forum’s global C4IR network. The centre will build on previous achievements and play a crucial role in fostering technology-based solutions for Medellín, in line with its vision as a Special District for Science, Technology and Innovation, and it will also have the potential to contribute to technological progress in Colombia and the broader region,” said Sebastian Buckup. 

“The centre will harness Medellín’s capacities and reputation as a regional innovation and technology powerhouse and Ruta-N’s prominent position as one of the country's leading innovation agencies.”

“With the opening of this centre, Medellín consolidates its mission as a Science, Technology and Innovation District, with a focus on emerging technologies, such as AI, betting on the training of young people in digital skills, and the development of technology, entrepreneurship and technology-based companies,” said Federico Gutiérrez.

“In Medellín we will have the first special treatment zone, a sector in the North of the city that will attract investment, promote the testing of technology and innovation to improve the competitiveness of Medellín, and foster collaboration between the actors of the ecosystem: companies, universities, governments, citizens and international allies.”

About the Centre for the Fourth Industrial Revolution

The Centre for the Fourth Industrial Revolution is a platform for multistakeholder collaboration, bringing together public and private sectors to maximize technological benefits to society while minimizing the risks. It explores exponential technologies and drives their responsible adoption and application, leveraging a global network of independent national and thematic centres.

The World Economic Forum launched the first Centre for the Fourth Industrial Revolution in San Francisco in 2017, shortly followed by centres in Japan and India. 

The network now includes centres in Austin (Centre for Trustworthy Technology), Azerbaijan, Colombia, Detroit (US Centre for Advanced Manufacturing), Germany (Global Government Technology Centre), Gyeonggi (Republic of Korea), Israel, Kazakhstan, Malaysia, Qatar, Rwanda, Saudi Arabia, Saudi Arabia Centre for Space Futures, Serbia, Telangana (India), United Arab Emirates, Ukraine (Global Government Technology Centre) and Viet Nam.

@ Newshounds News™

Source:   World Economic Forum

  ~~~~~~~~~

BRICS SURPASSES G7 IN KEY ECONOMIC AREAS: IMF REPORT

Amid the continued growth of the BRICS alliance, the International Monetary Fund (IMF) has recently highlighted that the bloc is leading the G7 group in four distinct and crucial areas. Indeed, they note that the gap between the Western bloc and the Global South collective is lessening.

The BRICS group took a massive step toward growth in 2023. Specifically, the bloc welcomed four additional members in its first expansion effort since 2001. 

The alliance saw the United Arab Emirates (UAE), Egypt, Ethiopia, and Iran join its ranks. That number could get even larger as the 2024 annual summit approaches.

IMF Says BRICS Leads G7 in Four Critical Areas: But What Are They?
The last several years have been vital for the BRICS bloc. It has firmly embraced de-dollarization on a global scale. Moreover, they have pushed those efforts to new heights. Creating a geopolitical reality in which nations seek global reserves outside the US dollar.

Moreover, its GDP growth has been a massive development. Since 2010, the bloc has seen its GPD (PPP) increase, whereas the G7 has seen the figure falter. Data shows that last year the BRICS bloc officially surpassed the collective in 2023, when its GDP (PPP) reached 32%, as opposed to the G7’s 29%.

That isn’t the only area where the two sides have seen increased challenges. According to IM data, BRICS is leading the G7 in four critical areas. That includes the 1.  share of GDP in PPP terms, the share of the 2. world population, 3. global oil production, and their respective 4. contributions to global economic growth.

The BRICS group has seen its share of the world’s population reach 45% following its most recent expansion. Alternatively, the G7 only boasts 30% of that population. This clearly identifies the collective of people for which the Western economic systems do not benefit.

Moreover, oil production is dominated by BRICS. The group has 41% of all production, whereas the G7 only boasts 29%. This is affected by the inclusion of the UAE and the cooperation of Saudi Arabia. Although Riyhad has yet to join the bloc, it recently invested $5 billion to increase its partnership with the collective.

Finally, the BRICS group leads in the contribution to global economic growth. The BRICS contribute 44% to the G7’s 20% another indication of the changing guard. With continued expansion, and growth forecasts for participating countries, this gap should only continue to widen.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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Iraq Economic News and Points To Ponder Wednesday AM 9-18-24

Al-Nusairi Identifies The Challenges Of Iraqi Private Banks And Opportunities For Banking Reform
 
Expenses  Economy News – Baghdad  Iraqi private banks suffer from many challenges and obstacles to work, and  they also face crises and wide risks due to
 
     economic instability due to the challenges of instability in the financial and monetary system,
     deficiencies in the investment environment, and
     deficits in the balance of payments and the trade balance.
 
Iraq includes eight government banks, and the structure of the Iraqi private banking sector consists of 32 Islamic banks and 28 commercial banks.

Advisor to the Iraqi Association of Iraqi Private Banks, Samir Al-Nusairi, told Al-Iqtisad News,   
“The number of private bank branches is approximately 500 branches inside and outside Iraq, which have expanded and developed technically in accordance with modern electronic banking systems.”

 Al-Nusairi pointed out that  the private banking sector in Iraq faces business challenges in addition to the above, most notably the US sanctions and restrictions imposed on 51% of the total private banking sector in Iraq and preventing 28 of its banks from using the US dollar in banking transactions, which affected their local and international activities and harmed the economy. National.  

He explained that  the most important obstacles facing banks currently are
 
     technical, financial and administrative, especially in the
     procedures, instructions and decisions of digital transformation,
 
which requires providing full support for this transformation process and the use of electronic payment tools in governmental, mixed and private institutions, and setting a time limit for the complete transformation from the use of paper cash to electronic payment.. 

He added that  the private banking sector suffers from differentiation between it and the government banking sector, as government banks account for 87% of total deposits and 78% of total assets.
 
It also suffers from weak activity and low liquidity, deposits, revenues and profitability in most banks, especially the 32 banks that issued Penalties and restrictions against them, in addition to the decline in the shares of most banks in the trading market in the Iraqi Stock Exchange.

 Al-Nusairi added that  private banks also suffer from double taxation, as the tax department in the Kurdistan region of Iraq, for example, imposes on the branches of private banks in the region (the number of which exceeds 70 branches) to pay the annual tax, while these banks, in accordance with the applicable Federal Tax Authority law, pay the same tax centrally. In Baghdad.
 
Al-Nusairi stressed the need for the Iraqi Council of Ministers to resolve the issue in the region and put an end to double taxation, and for tax collection to be centralized according to the law and for the final audited accounts submitted to the General Authority for Taxes to be approved as a basis for tax accounting.
 
The advisor to the Iraqi Private Banks Association called for “implementing the seven decisions issued on 4/4/2024 in implementation of the directive of Prime Minister Muhammad Shiaa Al-Sudani regarding supporting our private banks, which confirms the government’s vision in its governmental approach to financial and banking reform, as well as activating and accelerating the implementation of the agreements made in the rounds of negotiations.” between the Central Bank and the US Treasury in Washington and Baghdad to lift US restrictions on the use of the US dollar.”  

He explained,   “The Prime Minister’s decisions in support of private banks laid out the executive procedures for comprehensive reform of the banking sector, which constitutes the basis and true beginning of successful economic reform.
 
These decisions included the following:
 
1- Preventing monopoly in banking services.
 
2- Activating the Central Bank’s financing initiatives.
 
3- Increasing cooperation between private banks and the Central Bank in discussing decision-making related to supporting and developing banking work.
 
4- Determining the contribution of foreign capital to Iraqi banks.
 
5- Participation of government institutions and financial funds with private banks and expansion by opening branches in countries
The other.
 
6- Government and Central Bank support for private banks in foreign institutions and banks.
 
7- Increasing reliance on private banks by the Iraqi state and activating the deposit of government deposits and government bank deposits with private banks.
 
Al-Nusairi stressed that implementing the decisions, which are practical applications to motivate private banks to develop their internal and external banking operations in a way that contributes to economic reform, pointing out
 
“the importance of the Central Bank accelerating procedures to rehabilitate and restructure these banks, as well as the necessity of the international auditing company completing its agreed-upon work in order to raise Limitations and restrictions imposed.  He concluded his speech by saying:
 
"This file is certainly the focus of attention of the government, the Central Bank, the Association of Iraqi Private Banks, and the banking sector in general."  https://economy-news.net/content.php?id=47683

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/ 

News, Rumors and Opinions Wednesday AM 9-18-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 18 Sept. 2024

Compiled Wed. 18 Sept. 2024 12:01 am EST by Judy Byington

Tues. 17 Sept. 2024 BREAKING! White Hats Lead the Greatest Sting Operation Ever—Military Units Mobilize Worldwide to Wipe Out the Globalists! … (JFK Jr.) on Telegram

GESARA’s promised wealth transfer—the biggest in history—is here. This isn’t just money; it’s the liberation of trillions of dollars from the secret vaults of the elites. The old financial system, built to enslave humanity, is crumbling. Wealth will be returned to the people where it belongs. Prepare now—secure your assets and align yourself with the truth. This is the moment we’ve been waiting for!

Stay vigilant. The storm is coming and we’re closer than ever to victory. Share this with everyone. The truth must spread like wildfire. The world is waking up, and we will WIN!

~~~~~~~~~~

Tues. 17 Sept. 2024 Bruce:

Bond Holders are getting funds into their accounts right now and will have access to those funds Thurs. or Friday.

Tier4b (us, the Internet Group) will be notified at the same time as Tier 3.

Redemption Center people in charge of getting emails to Redemption Center leaders will be sending those emails around 6pm EST tonight Tues. 17 Sept.

Tier4b should get 800 numbers by 12 noon Wed. 18 Sept. 2024.

SS increases will be here by the end of Sept.

R&R will come out in September. Our R&R will be in our account at our appointment.

When we are notified we can use that information to set our appointments and could possibly go to exchange that same day.

~~~~~~~~~~~

Tues. 17 Sept. 2024 Wolverine: “Things are defiantly happening behind the scenes. We are going to be celebrating this week. There are things that I can’t say, but I wanted you to know that things are defiantly moving.” … “I agree with Mr Salvage report on German Bastidas who is one of the leaders of the Pentecostal Group. They have now finished all the contracts with the Call Centers which are located in Brazil. On Mon. 16 Sept. 2024 notifications began to be delivered. On Tues. 17 Sept. 2024 they will close the platforms and be ready to begin start the blessing. They will begin sending the transactions from the 1st to the 2nd of October to each member.”

~~~~~~~~~~

Tues. 17 Sept. 2024 Golden Redemption: The Birth of USN US Note Backed by QFS Gold-Backed Digital Currency …Charlie Ward on Telegram

The collapse of the fiat system has been a long time coming. Historically, fiat money, which lacks intrinsic value, became the global standard in the 20th century. This shift allowed governments and central banks to print money freely, unbound by the tangible value of precious metals. Over time, this led to rampant inflation, economic bubbles, and numerous financial crises. The 2008 financial crisis, fueled by reckless lending practices and inadequate oversight, exposed the vulnerabilities of the fiat system. Governments responded by printing even more money, further eroding the value of currencies and deepening the crisis of confidence.

In the wake of the 2008 crisis, digital currencies like Bitcoin emerged, offering a decentralized alternative free from the grip of central banks and government control. However, these digital currencies were not without their own issues-high volatility, lack of intrinsic value, and associations with i*****l activities limited their ability to truly replace the flawed systems they sought to disrupt.

Enter the USN US Note, a new currency that promises to bridge the gap between the stability of traditional assets and the innovation of digital finance. As the sun rises over the horizon, casting its golden hue across the land, the USN US Note emerges like a phoenix from the ashes of a broken financial system. This currency is more than just a means of exchange; it is a symbol of financial redemption, a return to an era where money was backed by real value-gold. The USN US Note, backed by the Quantum Financial System (QFS) and the undeniable value of gold, stands as a beacon of hope against the backdrop of economic despair and deceit that has plagued us for generations.

For far too long, our financial systems have been mired in manipulation, deceit, and instability. The fiat currency system, with its lack of intrinsic value, has led us down a path of endless debt and economic uncertainty. Central banks, with unchecked power, have manipulated markets, eroded savings, and fostered financial inequality. But now, with the advent of the USN US Note, there is a bold departure from this flawed past.

At the core of the USN US Note’s promise is the Quantum Financial System (QFS), a revolutionary financial network that utilizes quantum computing technology to ensure the highest levels of security, transparency, and efficiency. Unlike traditional financial systems, which are susceptible to hacking, fraud, and manipulation, the QFS is virtually impenetrable. It guarantees that every transaction is secure, transparent, and immutable, restoring trust in our financial systems.

The cornerstone of the USN US Note is its gold backing. Each note is backed by a specific amount of gold, ensuring that it retains intrinsic value. This gold-backed stability provides a safeguard against inflation, making the USN US Note a reliable store of value. It embodies a time-honored principle: money should be grounded in real, tangible assets. By merging the stability of a gold-backed currency with the efficiency and transparency of digital systems, the USN US Note addresses the shortcomings of both fiat and digital currencies.

This new currency represents not just a financial instrument but a revolution in how we perceive and interact with money. The USN US Note, underpinned by the QFS, is set to redefine the future of finance, offering stability, transparency, and true economic redemption. A new era in finance has dawned, bringing with it the promise of a stable and prosperous future.

Read full post here:  https://dinarchronicles.com/2024/09/18/restored-republic-via-a-gcr-update-as-of-september-18-2024/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Mnt Goat  Article:  "AFTER THE DECLINE IN OIL, A GOVERNMENT ADVISOR: WE HAVE THE CAPABILITIES TO CONFRONT THE PROBLEMS OF THE GLOBAL ECONOMY"  I consider this one of those WOW! articles.  Quote: “the highest reserves in the country’s monetary and financial history” also “the growth indicators in the non-oil GDP have touched 6%”  WOW!

Lnu  I do not buy this "Education Program" nor do I buy the "Adjusting of the Parallel Market". The education is taking too long to be effective and it isn't government's job to adjust black markets. These are stall tactics while they placate the masses.  But why?..

************

EMERGENCY: Record Breaking $1 TRILLION Spent to Pay Interest on National Debt as Deficit Soars

Lena Petrova:  9-18-2024

https://www.youtube.com/watch?v=qLfKxR7e8rU

Fed Rate Cut: Can They Engineer a Soft Landing?

Danielle DiMartino Booth:   9-18-2024

Danielle DiMartino Booth, former Federal Reserve insider and economic expert, dives into the controversial Fed rate cut 2024 decision and the growing signs of a looming recession. She explores the debate around whether the Fed should cut rates by 25 or 50 basis points and discusses the key recession indicators already flashing red.

https://www.youtube.com/watch?v=fN5JlULrP-4