"Coffee With MarkZ" Wednesday Morning Chat 2-28-2024
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
Coffee with MarkZ 02/28/2024
Member: Great morning Markz, Mods, and everyone!
Member: MilitiaMan and crew are on fire this week.
MZ: Yes they have been following all the back and forth articles on the World Trade Organization and Iraq Ascension…….
Member: Mark, MM, and Nadar are showing us EPOCH events that the MSM won't talk about. Thank You for bringing us the Real News Mark!
MZ: Nader dropped a couple. One is on banking and financial services and training people outside the country so that they understand how modern banking works. The other is about the first stages of going to a “Managed floating system of currency” In other words going away from the US peg. AKA a rate change……Be sure to like and support MM and Nader….go watch their videos.
MZ: This is an article I have been waiting for. “ Iraq and Lebanon face long wait to join WTO” We have been expecting this as we have had such positive articles and comments coming out of the WTO and deleting the zeros, and a rate change…..that this is necessary to have some stories like this to cloud the timing. Don’t panic. We have been waiting for this.
Member: Are we honestly days away or is it weeks or months away?
MZ: We don’t know. They cloud the timing on purpose. We suspect days….but it could be longer…
Member: I wonder if it this painstakingly long and painful when Kuwait revalued???
Member: Noone knew about Kuwait until after the fact……so probably not.
Member: Iraq committee APPROVED the 2024 Budget yesterday.. Don’t they need a rate to fulfill it?
Member: so, 25k is going to be $25.00 × 3.00 =75.00? I guess we wont be buying a new car lol
Member: Mark can you explain how it would work say if I had 2 million dinar. Is it delete 3 zeros which leaves me with 200 thousand ? then multiply say $1 or whatever they change the rate to?
MZ: Is it delete 3 zeros which leaves me with 200 thousand ? NO……then multiply say $1 or whatever they change the rate to? NO. Lets do simple math. If they change to a dollar from their current rate. If you have 2 million dinar- you would have 2 million US dollars. The math is simple. I know it’s confusing with others throwing out all kinds of different formulas.
Member: 3 zeros = increasing rate by 3 decimal points...if/when that is done the currency is worth a whole lot more and nobody is going to want to carry around multiple 25,000 notes, its way to much.
Member: I wish people would just get over the 3 zero thing. It will not affect the amount of Dinar you hold. They are just removing the big bills off the street.
Member: When shabibi explained the delete the three zeros it meant deleting the three zero notes as they where turned in!!!
Member: I am of the belief if they reinstate to pre-war rate….it will be at $3.22
MZ: I am of that belief as well. I think that is their minimum.
Member: Do you expect the street rate to come in higher then float down or do you think it will fluctuate before going to 1 to 1?
MZ: I do not expect a wild or crazy float. It is not good for their money if it swings wildly. But to me it’s looking like it may be one BAM then done for a rate change.
Member: I talked to a banker yesterday, they assured me everything we are talking about is true. Was very reassuring.
Member: Mark Do you believe state income taxes will be eliminated? Along with no income taxes on our exchange?
MZ: Yes I do. Going to a national sales tax just makes sense.
Member: Oklahoma has done away with grocery taxes effective in August
Member: Indiana will have the state tax removal up for vote this year
Member: I saw that the Pope is rushed to the hospital today
Member: March 17th Iraq lost their sovereignty their anniversary is coming up. Maybe it will happen this coming March the 17th,
Member: Well, Ramadan starts Mar 10th…so maybe it needs to happen before that?
Member: Ramadan starts starts March 10 and ends April 19.
Member: I wonder if the RV would happen, and then Nesara would be slow walked using the shift of wealth to educate?
Member: Prayers for all in need and those affected by the fires in Texas.
Member: Everyone enjoy your day…..see you all tonight
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.