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More News, Rumors and Opinions Sunday Night 10-23-2022

TNT:

Tishwash:  Governor urges people to handle physical currency properly (indonesia)

West Kalimantan Governor Sutarmidji has urged people to handle banknotes and coins properly since money is a symbol of state sovereignty.

"The currency is a symbol of state sovereignty. Therefore, let's treat Indonesian currency well, either by properly storing or using it, because the printing costs are expensive," he said while attending the "Puncak Hari Oeang" or “Money Day Summit” here on Saturday.

According to him, there is a need for wider dissemination of information to the public about handling physical money properly since Bank Indonesia (BI) does not mint currency arbitrarily.

"We need to continue to educate the public about how to treat currencies well because BI does not randomly print them. They print currency usually to change those that are already damaged, if they print too many, it can cause inflation," he explained.

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Sutarmidji also emphasized that people, especially those residing in the border regions, must familiarize themselves with rupiah currency, not foreign currency.

"People who are in border areas must be familiar with the rupiah," he said.

Further, as the current era becomes more sophisticated, less physical money will be used in society, he added.

"We have to keep up with the developments. If still using physical money, especially in large transactions, I say it is an outdated generation. In the future, our wallet will be filled with cards," he added.

Meanwhile, on the same occasion, head of the BI Representative Office in West Kalimantan, Agus Chusaini, said that the designation of “Hari Oeang or “Money Day” is a momentum for all Indonesians to appreciate rupiah currency more.

"We hope that the people of West Kalimantan can maintain and use rupiah, as a reflection of our love for Indonesia," he said.  link

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KaseyKo1:  Well, just received another tweet coming out of Maliki's group. For someone who's supposed to be under house arrest, he certainly is staying involved in the thick of things...but I digress. Here's the tweet: "right Now Critical meeting of the brothers leaders of the framework." Included was a picture of the Iraqi flag & a hand victory sign.

KaseyKo1:  Seems that Iraq is talking about the govt forming mid-week to end of week. Hmmm.....Wonder what the UN thinks about this?

KaseyKo1:   Looks like Iraq is postponing the announcement & voting on the full cabinet to this coming Thursday. Wonder how the UN feels about this, since the deadline is this coming Tuesday.

RVAlready: IMO Kasey, the UN and the US approved anyone for the government, just to get the government formed. I think they are mainly focused on the RV.

KaseyKo1:  Agreed. But I do believe the UN & US were wanting to keep Iran out of the thick of things as much as possible, but it's not looking too good for that to happen.

RVAlready:  Once the RVs happen, Iran will not be as much threat to Iraq. That will fix the situation.  People with jobs and money are not usually terrorists.  Plus, it should close off Iran from the currency auctions

KaseyKo1:  Sadr has stated he was going to give them 6 months; however, there is a faction that apparently - against Sadr's wishes - are talking about mobilizing the demonstrations. We'll see what happens on Wednesday. I suspect if rioting starts, the UN will be left with having to step in, since they've been adamant that they will not let any rioting happen.

CandyKisses:  In an interview with the official channel affiliated with NAS (October 23, 2022), MP for the bloc Mohammed al-Sayoud said that "the session to pass the upcoming government is likely to come with a full quorum considering that there are no obstacles."

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The Miracles Call:

Scott is making a pre-recorded call today is the call number for this Sunday's Miracles Intel Conference call. 980 346 0068 767664# #

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Courtesy of Dinar Guru

Walkingstick  [via Frank26]  ...The [CBI satellite bank in US] opened...The satellite banks that have opened up around the world they are in position to collect 3-zero notes outside of Iraq's banks for their M figures.  These 3-zero notes will be converted electronically into their [Iraqi citizens outside of Iraq] bank accounts.  Citizens in Iraq can also trade in their 3-zero notes for electronic accounts or for the physical new small category notes in their hands as lower denoms either through the banks or through the ATM machines.

Pimpy  Understand the central bank is its own entity.  It's separate than Iraqi government and they're the ones that actually determine what the exchange rate is going to be.  If for some strange reason the governor of the Iraqi Central Bank feels it's necessary for a higher exchange rate than what they have they'll make the change.  But they are going to have to justify it and it might be against all normal reasons why an exchange rate changes...

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"America Is Getting WIPED OUT" — This Is What's Coming... | Jim Rickards

Primal investor:  10-23-2022

In today’s video, Jim Rickards discusses the debt during raising interest rates. Jim says that many nations across the globe have a high debt-to-GDP ratio with the U.S. having over 130% which is very concerning during these economic uncertainties.

https://www.youtube.com/watch?v=mgIpnmmBZd4

MARKETS A LOOK AHEAD: Manipulation On An UNPRECEDENTED Scale!

By Gregory Mannarino:  10-23-2022

https://www.youtube.com/watch?v=75aPftSNDXE

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