News, Rumors and Opinions Friday AM 8-13-2021
Holly Friday RV Update
Good morning everyone! We made it through another week! We are getting closer everyday.
I think we are inch worms as we inch out everyday on our bellies to get close to the finish line. But inch every day we do.
Still hearing good news but the target is always moving. Eventually we will hit the bull’s eye!
Keep the faith and prayers going. This war is real!
Holly
Courtesy of Dinar Guru
Walkingstick [via Guru Frank26 In Iraq...a dinar is a dinar. Their goal is to be on par with the American dollar. They may un-peg but they want to be on par with it. When the dinar climbs in value either domestically or internationally it's the same value. A dinar is a dinar. But when the exchange rate increases it increases across the board. A dinar is a dinar. The key is that it gives the Iraqi citizens more purchasing power and that is one of the main priorities of the monetary reform...there's only one rate
Frank26 Article: "The Parliament Committee to monitor the implementation of the government" It's already been calculated and laws already passed. The 2022 budget is almost done and the 2021 budget has already been activated. The thing is though it was amended for you Iraqi citizens...the 2021 budget is ready now. IMO both the 2021 budget and 2022 budget have the same exchange rate...the 2021 budget is ready. The 2022 budget is being prepared...they're all on a completely different dimension than you've ever seen Iraqi citizens.
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This is Why The Dollar's Reserve Currency Status Won't Last Forever
The Nomad Economist: August 12, 2021
The Federal Reserve and the confederation of central banks which follow Chair Powell and his lieutenants at the Eccles Building have flooded the world with fiat script which is only limited by Keynesians' and modern monetary theorists' imaginations.
In this flurry of metaphorical printing, one country, Russia, has loaded its central bank balance sheet not with the speculation de jour, bitcoin, but instead with the barbaric relic gold.
Greg Mannarino
NOW JP MORGAN AND CITIGROUP ARE BOTH WARNING ON THE STOCK MARKET. IS A CRASH IMMINENT?
Aug 12, 2021