Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Lynette Zang and The Silver Report Upcut for Wednesday 9-28-2022

.DEBT, 401K, INFLATION...Q&A with Lynette Zang & Eric Griffin

9-28-2022

Viewer Questions:

Question 1: 7:10 How is the U.S. going to pay off all its Debt? Don’t we have to do this prior to the reset?

Question 2: 8:30 Can you explain what inflating the debt away means?

Question 3: 14:13 Lynette has often talked about an overnight financial reset. Why are assets such as checking and savings accounts devalued but not outstanding debt? Are retirement accounts such as an IRA or 401(k) also subject to the same devaluation?

Question 4: 19:59 If you had to put a value on gold and silver after the crash in today's dollar denomination what would it be?

DEBT, 401K, INFLATION...Q&A with Lynette Zang & Eric Griffin

9-28-2022

Viewer Questions:

 Question 1: 7:10 How is the U.S. going to pay off all its Debt? Don’t we have to do this prior to the reset?

Question 2: 8:30 Can you explain what inflating the debt away means?

Question 3: 14:13 Lynette has often talked about an overnight financial reset.  Why are assets such as checking and savings accounts devalued but not outstanding debt?  Are retirement accounts such as an IRA or 401(k) also subject to the same devaluation?

Question 4: 19:59 If you had to put a value on gold and silver after the crash in today's dollar denomination what would it be?

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

$29 Trillion Stripped From World Economy! How Much Has The Fed Monetary A$$ault Cost The US & World

Silver Report uncut:  9-28-2022

The MSCI World index has dropped $29 trillion since its peak in November

How much has the Fed's epic "inflationary is transitory" policy error cost the world? Try $29 trillion and counting.

According to calculations from Bloomberg's Robert Fullem, the combined market value of the Bloomberg Global Aggregate bond index and the MSCI World index has dropped $29 trillion since its peak in November 2021.

The price gauge of the former has dropped to its lowest level since 2011. That is more than twice the level of the world’s international reserves assets, currently at about $12 trillion.

As Fullem notes, the drop in asset prices may not just be about inflation or rising rates but also about the prospect of a perpetual debt spiral to fuel a modicum of growth. Central-bank rate hikes and balance sheet trimming is making future debt more expensive. In some cases, debt costs rise further amid a dearth of foreign buyers as investors stick to local markets and official accounts see reserve balances shrink.

In other cases, a high absolute levels of debt and changing political landscape triggers repayment angst. Additionally, "shifting trade balances and protectionism complicates the issue as it threatens to shrink the world’s production capacity and potentially turn Bernanke’s global savings glut into a shortage."

 Of course, the risk for central banks is that, as growth slows - and it will sharply and very soon - they will be forced to capitulate on tightening amid political concerns or domestic outrage, just as we have been warning for the past year.

https://www.youtube.com/watch?v=0qH-JnbXDKc

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

Wednesday Evening Chat with MarkZ 9-28-2022

Wednesday Evening News with MarkZ 09/28/2022

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: Only 2 days left in September (99% RV month). RV tonight hopefully !

Member: I hope Mark has some really good news tonight… I need some cheering up

MZ: On the RV front we are getting more confirmations that they expect bond money to release tonight. I’m crossing my fingers but think we may still be one or two world events away from it. But still right on the cusp of it.

Wednesday Evening News with MarkZ 09/28/2022

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: Only 2 days left in September (99% RV month). RV tonight hopefully !

Member: I hope Mark has some really good news tonight… I need some cheering up

MZ: On the RV front we are getting more confirmations that they expect bond money to release tonight. I’m crossing my fingers but think we may still be one or two world events away from it. But still right on the cusp of it.

MZ: Groups still have great expectations overnight tonight that they will have “spendable money” tomorrow. I hope its accurate …I should know by morning…I will let you guys know when I know.

Member: If the Bond Holders get paid , I wonder how soon after we would go?

Member: Could the Rv happen during a communication black out …and if so, how would that affect our exchange?

MZ: I was told over and over again that we will not have a communication blackout. But, we are expected to have a social media blackout.

Member: Would love to know the rate the bond holders got…if they can see funds in their accounts…they should know.

Member: Any news on the dong exchange rate?

MZ: I am still hearing around $2.25.

Mod: Estimated: Dong - $2.25-$4.00???, Dinar - $6.00-$11.00???, Zim - .30 (per million) without projects, higher rate with projects only for projects, Indo Rupiah $1.47, Rial - $3.30 ******

Member: I signed up for Generals 64 in 2012. I haven’t heard from them since 2013. Should I be concerned?

Member: Mark said before that the WF Private group is still around and still good.

Member: Mark are we still weeks off for the reset?

MZ: I don’t think we are weeks away….I think we are mere days away . I think we are waiting for that magic moment where the world wakes up. At this point I think everyone has awakened to whats going except for the US people….

Member: How fake was the stock market today?  didn't check

Member: DOW up 554 today,,,what a joke,was supposed to crash yesterday already

Member: Cannot beleive that the Dow closed Up 548.. All of them were up... Unbeleivable ugh

Member: the Market was up because the Bank of England had decided to buy a huge amount of Bonds

Member: Rumor is that the Bank of England has just collapsed?!!

Member: Saw a tweet saying the Bank of England has fallen. Apparently, advancing QE & raising interest rates wasn't considered a good move. But it saved retirement accounts.

MZ: it has not officially fallen guys. But we are watching those first steps.

MZ: Yes we do have a major telltale sign …The UK government went into full panic mode. They started buying stocks, bonds …you name it- trying to float pensions. There is a lot of panic going on in the UK government

MZ: The UK has been downgraded. There are third world countries that have better bond ratings now than the UK. That’s how bad things have gotten.

MZ: Meanwhile in the US we watch our stock market go up…this is causing a panic all over the world as the US gets stronger-the rest of the world weakens….. …this is just the run up to the collapse.

MZ: for anyone that has studied history or macro economics …you will get where we are right now. This is the end game and we are watching it play out.

Member: Looking forward to the next few days)

Member: PRAYERS FOR ALL IN THE PATH OF THE STORM

Member: Prayers of safety for all our Floridians and their families.

Member: See you later Mods and Mark! Maybe tomorrow:)

OKIE IS GETTING STRONGER DAILY. PLEASE CONTINUE TO PRAY, SEND OKIE A PRAYER, POST YOUR MEMORIES OF OKIE, OKIE SAYINGS, OR JUST SEND OKIE A MESSAGE. . https://t.me/+TtKVJ1fhy7VEskjn

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.

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

For SNL fans. THERE WILL BE A SATURDAY NIGHT LIVE CALL THIS WEEK with Blondie, Snake, Bernie, and Bob Lock answering questions on TRUSTs and RV. Sat 9pm EST... https://t.me/+TESefeLIf1k2ZTJh

The next stream is tomorrow at 10Am est……..unless.

JOIN US TONIGHT FOR WHISKEY AND WISDOM AT 8 PM EDT

https://www.youtube.com/watch?v=xs8OHuozMBc

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

October 1, 2022!!!! Bank Reset Capital Controls and Shemitah!!!!

.(Dinar Recaps Note: This post is for informational purposes only. It is not legal, tax or investment advice. Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

OCTOBER 1, 2022!!!! BANK RESET CAPITAL CONTROLS AND SHEMITAH!!!!

AMTV: Christopher Greene: 9-28-2022

When is the Fed doing stress test for all large banks-October 1st

When is the Pope moving all his $5 Billion+ funds out of the banking system- October 1st

This is a sabbatical year called a “Shemitah” and it is culminating on what day? October 1st

October 1st is a big day.

(Dinar Recaps Note: This post is for informational purposes only.  It is not legal, tax or investment advice.  Dinar Recaps advises that everyone should do their own due diligence and seek local Professional tax, legal and/or investment advisers.)

OCTOBER 1, 2022!!!! BANK RESET CAPITAL CONTROLS AND SHEMITAH!!!!

AMTV:  Christopher Greene: 9-28-2022

When is the Fed doing stress test for all large banks-October 1st

When is the Pope moving all his $5 Billion+ funds out of the banking system- October 1st

This is a sabbatical year called a “Shemitah” and it is culminating on what day?  October 1st

October 1st is a big day.

The sabbatical year basics:

1.Absolution of loans (This sounds like a financial reset)

2. Desisting from all field work

As soon as the Israelites settled in the holy land they began observing a 7 year cycle. Every 7 year cycle would culminate in a sabbatical year know as Shemitah. Literally know or defined as “to release” . To release the hand of every creditor from what he has lent.

So this is an erasure of creditor debt. Like a “Debt Jubilee”  The Shemitah year waives all outstanding debts between debtors and creditors.

The banks can’t keep raising interest rates. They collapse the whole system and reset it into a new one.

~~~~~~~~~~~~~~

Federal Reserve Board announces the individual capital requirements for all large banks, effective on October 1

August 04, 2022 For release at 4:00 p.m. EDT

Following its stress test earlier this year, the Federal Reserve Board today announced the individual capital requirements for all large banks, effective on October 1.

Large bank capital requirements are in part determined by the Board's stress test results, which provide a risk-sensitive and forward-looking assessment of capital needs. The "Large Banks Capital Requirements" table shows each bank's total common equity tier 1 capital requirement, which is made up of several components, including:

The minimum capital requirement, which is the same for each firm and is 4.5 percent;

The stress capital buffer requirement, which is determined from the stress test results, and is at least 2.5 percent; and

If applicable, a capital surcharge for global systemically important banks (G-SIBs), which is updated in the first quarter of each year to account for the overall systemic risk of each G-SIB.

If a bank's capital dips below its total requirement announced today, the bank is subject to automatic restrictions on both capital distributions and discretionary bonus payments.

The Board also today affirmed the stress test results for two firms that requested reconsideration. Those firms are Bank of America Corporation and Huntington Bancshares Incorporated.

The reconsideration process involved an independent group—separate from the stress testing group—that analyzed and evaluated the results. The results were checked for errors and to ensure that the stress test models, which project the loan losses and revenues for banks under the hypothetical stress scenario, worked as intended and were consistent with the principles described in the Board's Stress Testing Policy Statement.

For media inquiries, please email media@frb.gov or call (202) 452-2955.

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20220804a.htm

https://www.youtube.com/watch?v=CL3nCb38dTU

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Bix Weir and Greg Mannarino Wednesday 9-28-2022

.Bix Weir

RED ALERT! 2 Cat 5 Financial Hurricanes Hitting RIGHT NOW!!

9-28-2022

Behind the scenes the financial world is ON FIRE! Not only is a CAT 5 hurricane going to hit one of the most expensive real estate areas on the planet but the FX Derivative Market in the UK has IMPLODED forcing massive bailouts just to temporarily plug the holes to hold back the Tsunami!!

Hurricane Ian with DESTROY the already struggling Florida insurance companies such that MOST OF THEM WILL FAIL! This is a lesson in 3rd party risk and an insurance derivative MESS!

These two Financial Catagory 5 events are happening RIGHT NOW!

THIS IS IT MY FRIENDS....THE END GAME!

Bix Weir

RED ALERT! 2 Cat 5 Financial Hurricanes Hitting RIGHT NOW!!

9-28-2022

Behind the scenes the financial world is ON FIRE! Not only is a CAT 5 hurricane going to hit one of the most expensive real estate areas on the planet but the FX Derivative Market in the UK has IMPLODED forcing massive bailouts just to temporarily plug the holes to hold back the Tsunami!!

Hurricane Ian with DESTROY the already struggling Florida insurance companies such that MOST OF THEM WILL FAIL! This is a lesson in 3rd party risk and an insurance derivative MESS!

These two Financial Catagory 5 events are happening RIGHT NOW!

THIS IS IT MY FRIENDS....THE END GAME!

https://www.youtube.com/watch?v=XV0BBwsMjz8

ALERT! The Bank Of England Capitulates! Re-Starts Quantitative Easing. CRITICAL UPDATES.

Greg Mannarino:  9-28-2022

https://www.youtube.com/watch?v=G2D9daGb0jE

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

"Coffee With MarkZ" Wednesday Morning Chat "Big Happenings?" 9-28-2022

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

MarkZ Wednesday 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: Gm... another day …another opportunity to RV!

Member: I have never heard this much chatter about the RV since I began this ride! We should all be excited and mentally prepared for what is about to happen.

Member: anything new with the RV by chance?

MZ: From Sheila ( A CMKX and currency source) – an update came in from her about 1:30 AM…..it’s a long one but she is laying the groundwork which I agree with….. that there has been a reset of international currencies on the 24th. Just like we were told to expect when we saw the crash of all the currencies all around the world.

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

MarkZ Wednesday 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: Gm... another day …another opportunity to RV!

Member: I have never heard this much chatter about the RV since I began this ride! We should all be excited and mentally prepared for what is about to happen.

Member: anything new with the RV by chance?

MZ:  From Sheila ( A CMKX and currency source)  – an update came in from her about 1:30 AM…..it’s a long one but she is laying the groundwork which I agree with….. that there has been a reset of international currencies on the 24th. Just like we were told to expect when we saw the crash of all the currencies all around the world.

MZ: Gravitas did an article on the Indian markets where investors lost 85 Billion in one day.

MZ: This is what Sheila wrote…..Sheila:  All global currencies crashed on 9-24-2022 against the US dollar. That is why the German parliament said that “everyone will remember”  I was watching this on Bloomberg Asia on the evening of the 24th …There you have it….The global currencies against the Us dollar did happen on the 24th. The Zim revalued on the 23rd and the IQD announcement was on the 22nd. All at the emergency UN meeting.

MZ: So it sounds like to me she is of the belief that this has indeed already occurred….and we are simply watching it all play out and waiting for our announcements….

MZ: That would certainly fit with some of the other news that we are hearing.

MZ: I believe we are 4 days into seeing major events happening ….This is something else we saw around the world….starting at the same time….lots of mysterious lights, ships, crafts starting on the 24th. There was even some over London where they were twirling around one another. Sightings all around the world of strange lightning…all kinds of craziness started on the 24th. I just find this interesting.

Member: UN post rate changes on the 1st , are they waiting for then? Who knows???

Member: Some on the Internet are saying that Wells Fargo already has the codes for the RV at the codes have already been done I’ve seen this numerous places what’s up with that

Member: I heard there are many persons entering codes for different aspects of the RV and Nesara

MZ: From Iraq: “ Rockets fired at Iraq’s green zone as parliament sits. 4 wounded: statement” That is breaking news today. Why would they be attacking that…..somebody must be desperate to derail the changes coming…imo

Member: Praying you are right Mark so we can be free from slavery to the almighty dollar and help the many unfortunate that need us.

MZ: “Iraq’s political class must address “crisis of trust” the PM says”  A key paragraph says “The change in the exchange rate that we conducted in Iraq was one of the most successful alterations and modifications of the national currency exchange rate models in the world. It happened without serious repercussions. We also inaugurated a number of highways, we launched first project where flare gas is captured and directed toward electricity. “ 

MZ: Guys they are telling us they have DONE this. They are telling us this and it goes back to around the 23rd where Sheila was telling us she believes it happened on the 22nd when things crashed and moved forward …I think she is right.. I think they are keeping it from us and under wraps as it rolls through the banking system…curious timing

MZ: Now, there was a fantastic one from Nader from Iraq this morning….. He also agrees in this one that the comments we have seen in the news like the one we just discussed …and then at the end they say they aren’t going to rv for months……well we saw this in Kuwait and China and in every modern day revaluation of currency over the last 50 years…..where they lay it all out there and tell us its coming….then they say there are no plans to do it soon…( They wont tell us the timing…they want to cloud it) .then they have covered their bases……Nader thinks they are ready and moving forward quickly.

Member: So it would seem that the vatican clawing back all assets by 9/30 and this news plus UN update looks like RV by 10/1 ??

Member: Nesara is also going to be an RV as I understand it. It’s just the US dollar backed by Fiat fake value converting to US Notes backed by hold. Will the actual value adjust? Not sure.

Member: Mark are out 25.000 notes going to be ok for exchange?

MZ: I know some of you are concerned when they talk about removing the zeros….well, to remove the zeros they have to change the value. Then a large bill is not useful. Dr. Shabibi (former governor of the CBI) did a very good piece on this on how they change the rate….he is the person that designed the plan. The plan has not changed.

MZ: There is a revaluation. They removal of the large 3 zero bills from the market. Say that you have a 25,000 note. Example…..say the rate is $1.00 (for illustration purposes) and one dinar equels one US dollar. Suddenly that $25K note is worth $25,000 thousand US dollars. Now it’s too big for day to day commerce. How would anyone give you change back-right? So they will give you a period of time when these bills are accepted…you turn them in and get the new lower denomination notes that will be usable in day to day commerce.

MZ: it does not mean they chop off the zeros and that note is now only worth $25 dollars. That is not how it works….Dr. Shabibi lays this out in extreme detail.

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

Member:I thought Iraq would be joining the BRICS

MZ: We know they are in open negotiations with BRICS. Everybody is kissing their butts right now because they know they are about to be an economic powerhouse.

Member: So removing zeros doesn’t pertain to us?

MZ: it does and it doesn’t….when they talk about removing zeros they have to RV first. And that is very exciting.

Member:  I haven't heard anything about the whales lately

Member: They are probably just like us….waiting with bated breath for something to happen.

MZ: Bond people have not yet gotten their dollars …they are expecting liquidity late Wednesday evening…as of this morning Bond people and group leaders are still hearing to expect the release of their dollars  late tonight or overnight ….we pray they see it and we get to move forward.

MZ: We could wake up to a whole new world tomorrow. We know we are very close no matter what.

Member: so if the bonds have liquidity tomorrow we go right after them? Do we have to wait until all bonds are paid?

Member: Mark has always said he expects 10 days to make appointments and 30 days to exchange…

Member: so for those that can see money in their accounts, but not touch it. with math you should be able to get a rate right?

Mod: Estimated: Dong - $2.25-$4.00???, Dinar - $6.00-$11.00???, Zim - .30 (per million) without projects, higher rate with projects only for projects, Indo Rupiah $1.47, Rial - $3.30 ******

Member: Is 4A having their redemption meetings now? My Wells Fargo has never been busy but this week the parking lot is full with people coming and going. Very different.

Member: Have you heard anything from the Redemption Centers about their scheduled hours?

Member: We hope they definently will be working this weekend!!

Member: Hopefully the Dong will shine when the rv happens.

Member: Been in this for years. Always have known that the Dong should go with Dinar. Very unlikely Dinar would go alone. They have been joined at the hip.

Member: I've said all along that it will take a financial collapse to trigger the RV - it looks like it is getting close!

Member: Is today the day for our Dinar to evolve? Is today the day our RV occurs? Pray for the gifts and freedoms so close to being granted to us all.

Member: 3 days until the next fiscal year starts Oct 1. Praying this is started

Member: it sure would fit with Marks news about the reset already happened…if they release it on the new US fiscal year starting on Saturday.

Member:  prayers for Floridians…..that  they are safe from the storm

MZ: Praying for Florida, Ian is nearing Cat 5 and due to hit at 4 today. Already rocking Fl hard.

Member: I just want to give a big shout out to the mods. Thank you for all you do.. God-bless each and every one of you

Member: And thanks to you Mark, for helping us to hang in there……

Member: Mark Huge thanks as always for all you bring to this awesome community. Hopefully our dreams will be realised within the coming week ahead.

For SNL fans. THERE WILL BE A SATURDAY NIGHT LIVE CALL THIS WEEK with Blondie, Snake, Bernie, and Bob Lock answering questions on TRUSTs and RV. Sat 9pm EST... https://t.me/+TESefeLIf1k2ZTJh

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

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

The next stream is tonight at 7 pm est….unless.

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust.  You can connect with MarkZ at The Seeds of Wisdom Team Community and website.  Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/

Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e

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.

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

Youtube:     https://www.youtube.com/watch?v=EqVEajm-MwA

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

"Tidbits From TNT" Wednesday Morning 9-28-2022

.TNT:

Tishwash: The Governor of the Central Bank of Iraq receives the Chairman of the Securities Commission

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, received today, Wednesday, His Excellency the Chairman of the Securities Commission, Mr. Hassan Al-Aqili.

During the meeting, they discussed the financial and economic situation in Iraq, the role of the stock market in facilitating the movement of stocks and bonds, and public awareness of financial markets, and the importance of its role in sustainable development.

The two parties agreed to encourage stock trading operations, switch to electronic mechanisms and keep pace with the development taking place in this field.

TNT:

Tishwash:  The Governor of the Central Bank of Iraq receives the Chairman of the Securities Commission

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, received today, Wednesday, His Excellency the Chairman of the Securities Commission, Mr. Hassan Al-Aqili.
 
During the meeting, they discussed the financial and economic situation in Iraq, the role of the stock market in facilitating the movement of stocks and bonds, and public awareness of financial markets, and the importance of its role in sustainable development.

The two parties agreed to encourage stock trading operations, switch to electronic mechanisms and keep pace with the development taking place in this field. 

His Excellency the Governor indicated that the Central Bank of Iraq launched its development initiatives, which exceeded 18 trillion Iraqi dinars, with the aim of stimulating the Iraqi economy and moving its wheel forward, stressing that the initiatives of the Bank contributed significantly to providing many job opportunities for different segments and groups in society.

Central Bank of Iraq
Media Office
28 - September - 2022

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

Doc: Articles indicate Sadar pushed it until mid-Oct for Framework to do its thing. Sadar has been delaying 30 days, 15 more days, etc for months. So, is Sadar the holdup? or id Maliki really controlling Sadar ? Do we see anything that will get this off the dime?

Annie68:  Maliki is and always has been Iraq's problems!

CharlieOK:  Nope. Don't agree. Iran pulls Maliki's strings. He is merely a puppet. When they are through with him, he is toast.

CharlieOK:  Just listened to a news source saying that Iran has attacked Kurds in NW Iraq. This happened at the same time all the unrest is going on in Iran. Again we see that it is not Maliki that is the main culprit or problems in Iraq - it is IRAN. Iraq is going to have to decide to be a sovereign country.

RVAlready: It seems that the problem in Iraq has too many variables, hence, no solution in a year. I’m pretty sure the UN has a pretty good idea on an reasonable. Thus, I think we are just waiting on the UN to come in next week an impose the solution. We are just wasting time between now and then. … on a reasonable solution …

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

Tishwash:  Movement to include the vote on the President of the Republic in the upcoming parliamentary session

A source in the coordinating framework revealed a political movement to include the paragraph of the election of the President of the Republic in the agenda of the parliament session, today, Wednesday, dedicated to voting on the resignation of Parliament Speaker Muhammad al-Halbousi, and choosing a deputy for him. 

The source told Shafaq News Agency, that there is a movement among the political forces with the aim of including the paragraph of electing the President of the Republic on the agenda of today's session of the House of Representatives.

He added, that according to this move and what was agreed upon in principle, the resignation of Parliament Speaker Muhammad al-Halbousi will be rejected and the candidate for the position of the first deputy speaker of parliament will be elected, and then the paragraph of electing the President of the Republic will be included.

After the election of the president, and according to the prepared scenario, the source says, today's session will also assign Muhammad Shiaa al-Sudani to form a government.

Earlier, 11 independent deputies in the Iraqi parliament announced that they would not attend the council session scheduled for today, hours after a similar decision taken by deputies of the extension movement.  link

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

Tishwash:  Iran protests: burning of banks... and the arrest of Faezeh Hashemi... and live bullets to confront the demonstrators

While protests have continued in various Iranian cities since the killing of the young woman, Mahsa Amini, at the hands of the police, international reactions have escalated towards the Iranian regime's repression against demonstrators, amid Western warnings and demands to impose new sanctions against the Tehran regime.

The capital, Tehran, witnessed demonstrations, on the evening of Tuesday, September 27, as demonstrators in the Haft Houd neighborhood chanted “Death to the dictator,” while demonstrators in the streets of Sanandaj, western Iran, blocked roads and burned government banners.

The people of Chabahar also protested against the police chief's rape of a 15-year-old girl, and the killing of Mahsa Amini, where the police fired live bullets at the demonstrators.

As protests continued in various parts of Iran, violent security repression continued to confront them. In a video clip circulated by activists from the city of Khafajia, Iranian security appeared to confront the protesters in the "Abu Dhar" neighborhood with live bullets to prevent them from gathering and in solidarity with the public protests.

It is noteworthy that the "Abu Dhar" neighborhood has witnessed in the past years violent confrontations between security and protesters against the Iranian regime.

The arrest of Faezeh Hashemi and the burning of government banks

According to information received by Iran International, Faezeh Hashemi, a political activist and daughter of former Iranian President Akbar Hashemi Rafsanjani, was arrested in Tehran.

Hashemi Rafsanjani had criticized the Iranian regime in an unprecedented way and called for its overthrow during lectures she gave on the Club House application, which called on some hardliners in the regime to arrest her.

Meanwhile, protesters in the southeastern city of Chabahar set fire to two government banks in protest against the rape of a 15-year-old girl by a police chief and the killing of Mahsa Amini.

Iranian security forces fired live bullets and used tear gas to disperse the demonstrators.

 Confrontations with the security forces and burning of pictures of Supreme Leader Khamenei

According to the reports received, the protests in the city of Khafajia / Susankard, Khuzestan province, southwest of Iran, are expanding and entering new neighborhoods of the city. Video clips also showed clashes between security forces and protesters, as a result of which one of the demonstrators was wounded.

A video clip obtained by "Iran International" showed a group of Iranian security forces collectively attacking a woman in Shiraz, southern Iran, and beating her with sticks and batons.

A video sent to "Iran International" from the city of Shiraz also shows a protester setting fire to a banner with the image of the Iranian leader, Ali Khamenei, in front of the Intelligence Department building in Fars Province, central Iran.

Student protests continue

Student protests also continued, as students of Chamran University in Ahvas, southwestern Iran, organized a march on Tuesday inside the university campus in support of the protests that took place in the country, chanting: "We are not rioters, we are protesting."

After protests and strikes by university students across Iran, a number of university professors joined the protesting students.

A number of university professors submitted their resignations in support of the popular protests and rejection of the crackdown on protesters, while others announced that they would stop teaching in support of the nationwide student strike. are silent."

Escalation against the Kurds

For its part, the Iranian Revolutionary Guard escalated its retaliatory attacks on the Kurdish areas in conjunction with the widespread protests in Iran.

Today, Tuesday, September 27, the Revolutionary Guards carried out attacks on the positions of the Kurdish PJAK forces in the Shoman region, on the border line between Iraq and Iran.
While the commander of the Ashura Corps of the Iranian Revolutionary Guard, Asghar Abbas Qolizadeh, considered the protests in Iran as "engineered from abroad," and said: "The source of all calamities is the lack of obedience to the Wali al-Faqih."

International warnings and the threat of new sanctions

In terms of international reactions, Amnesty International issued a statement calling for immediate international action to ensure accountability for Mahsa Amini's death in detention, and wrote that the investigation must be independent, impartial and effective, and that the suspects must be brought to justice in a fair judicial process.

The spokesperson for the United Nations High Commissioner for Human Rights also expressed concern about the suppression of protests in Iran, and the imposition of restrictions on the Internet and social media by the Tehran regime.

Meanwhile, German Foreign Minister Annalina Birbock called for new sanctions to be imposed on Tehran.
"In the European Union circle, we now have to talk very quickly about the following consequences, which, for me, include sanctions against officials of the [Islamic Republic]," Barbock told dpa today, Tuesday, September 27, in Berlin.

These statements came at a time when Germany summoned the Iranian regime's ambassador in Berlin, on Monday, to protest against the suppression of protesters in Iran.

For his part, US State Department spokesman Ned Price warned that Washington will investigate all those involved in the killing and suppression of protesters in Iran, stressing that more sanctions are awaiting the Iranian regime.

In an interview with Rudaw news channel, Ned Price said that there is no doubt about the evidence of Mahsa Amini's death after her arrest by the Guidance Patrol.

Democratic Senator **** Durbin wrote in a tweet that the Iranian regime, like the regimes of Russia and Cuba, uses criminal groups to suppress internal protests.

US Democratic Senator Ben Cardin strongly condemned the Iranian security killing of Mahsa Amini, and said: "We stand with the brave Iranian women who are protesting against the Iranian regime. Tehran must end the systematic torture of women and allow freedom of expression."

"While Iranian protesters are suppressing Iranian security, the Biden administration continues to work to revive the flawed nuclear deal, which will help Iran get billions of dollars," said Representative Brian Steele.   link

Mot:  ... Heres sumthun to make Ya Go -- Hmmmmmmmmm!!

Mot: ... Found in Me Fortune Cookie Today! - Does It MEAN?????

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Judy, Pimpy, Frank and more....Wednesday AM 9-28-2022

.RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 28 Sept. 2022

Compiled Wed. 28 Sept. 2022 12:01 am EST by Judy Byington

Judy Note:

Tues. 27 Sept. Bruce: Redemption Centers have a permanent 12 day schedule that was supposed to start at 11 am EST Wed. 28 Sept. That was when Tier 4B should start, or they would somewhere over the next three days. Bond Holders were to have liquidity in their accounts somewhere between 2:30-5:00 am EST on Wed. 28 Sept.

Tues. 27 Sept. MarkZ: Redemption and Bond people were still expecting liquidity in their accounts by Wed. evening 28 Sept.

The Global Asset Redemption Program officially began on Wed. 21 Sept. midnight EST when Wells Fargo Bank (owned by the Chinese Elders) received the Global Currency Reset fund release codes.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 28 Sept. 2022

Compiled Wed. 28 Sept. 2022 12:01 am EST by Judy Byington

Judy Note:

Tues. 27 Sept. Bruce: Redemption Centers have a permanent 12 day schedule that was supposed to start at 11 am EST Wed. 28 Sept. That was when Tier 4B should start, or they would somewhere over the next three days. Bond Holders were to have liquidity in their accounts somewhere between 2:30-5:00 am EST on Wed. 28 Sept.

Tues. 27 Sept. MarkZ: Redemption and Bond people were still expecting liquidity in their accounts by Wed. evening 28 Sept.

The Global Asset Redemption Program officially began on Wed. 21 Sept. midnight EST when Wells Fargo Bank (owned by the Chinese Elders) received the Global Currency Reset fund release codes.

After receiving the 800 numbers to call for appointments, Tier 4B (us, the Internet Group) would be exchanging foreign currencies and redeeming Zim Bonds at special rates for twelve days at specially set up Redemption Centers (16,950 in US).

Sometime this week Stock Market Trading was expected to close down as the World adjusted to the new gold/asset-backed rates of various countries and banks underwent major internal changes.

The GCR will complete by the beginning of the new fiscal year on Sat. 1 Oct, after which exchanges for the General Public would begin at the Forex rates at the banks.

~~~~~~~~~~~~~

Tues. 27 Sept. 2022 The Big Call, Bruce: Thebigcall.net 667-770-1866 pin123456

Iraq has put out a rate and was ready to start.

The British Pound and Euro have dropped in value.

Stock Market has made a steady and smooth decline.

There was a 50% gold backing of the US Note.

Today Tues. 27 Sept. the Redemption Staff went in for about three hours to do Bond Holder paperwork.

Redemption Centers had a permanent 12 day schedule that was supposed to start at 11 am EST Wed. 28 Sept.

Tier 4B should start on Wed. 28 Sept. or somewhere over the next three days.

Bond Holders were to have liquidity in their accounts 2:30-5:00 am EST Wed. 28 Sept.

Some Redemption Centers will stay open up to 20 hours a day.

We have been assured safety to do our exchanges. 28 counties have been designated to be under Martial Law.

This is to be kept quiet for your own safety.

Everything will be seen and monitored by the Quantum Financial System. If any transaction you make is suspect you may have your account frozen.

16,950 Redemption Centers exist across the US.

~~~~~~~~~~~

The Real News for Tues. 27 Sept. 2022:

MSM: Financial markets are throwing in the towel: Recession fears escalate as Fed slams brakes on the economy: https://www.msn.com/en-us/money/markets/financial-markets-are-throwing-in-the-towel-recession-fears-escalate-as-fed-slams-brakes-on-the-economy/ar-AA12gOdz?ocid=msedgntp&cvid=6cb7ccaab1c0468da69120a1bb37207d

Read full post here:  https://dinarchronicles.com/2022/09/28/restored-republic-via-a-gcr-update-as-of-september-28-2022/

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

Courtesy of Dinar Guru

Frank26  Article: "Al-Kazemi expects an increase in Iraq's cash reserve and it will reach $100 billion Kazemi increases cash reserves for the float of the IQD... Quote: "the white paper succeeded in achieving economic reforms...Iraq has achieved the largest and fastest economic growth and has become the first in the Middle East and fifth in the world That's not at a program rate value...!  And that is why they are prepared to leave the border as soon as they announce their government they'll show you a budget...the white papers...an exchange rate...and...their economic explosion!  IMO

Breitling  There's plenty of evidence.  You have to understand markets.  They're going to add value to their currency.  If anyone out there can find and article from the CBI, Ministry of Planning, Ministry of Finance or somebody IN parliament says, 'No, we're not going to add value to our currency.'  I'd like to see that because it does not exist...be happy.  Be positive...there's no reasons for you to have any fear about this investment...

Iraqi Dinar update for 09/27/22 - What a difference a day makes

Pimpy’s investment Chat :

https://www.youtube.com/watch?v=gO1yE7a8WlQ

GLOBAL BOND MARKETS IMPLODE: It's Been 76 Years!

Lynette Zang:  9-27-2022

Everybody wants to know, "what are the signs, when am I gonna know that the whole thing is coming down?" Well, let me tell you! I'm seeing those signs. I don't like what I see.

https://www.youtube.com/watch?v=66JG8C35JZQ

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

Bix Weir and Greg Mannarino Tuesday 9-27-2022

.ALERT! Silver & BTC Hold Steady as FX Flash Crash GUTTED $5T for FX Derivative Holders

(Bix Weir) 9-27-2022

It's the DERIVATIVES dummy! Volatility in a historically non-volatile market, like the Foreign Exchange (FX) market, is a disaster for the derivative markets! Yes, there will be huge winners...but with every huge winner there are huge losers!

THERE ARE MANY DERIVATIVE PLAYERS THAT LOST HUGE IN THE UK POUND FLASH CRASH!!

ALERT! Silver & BTC Hold Steady as FX Flash Crash GUTTED $5T for FX Derivative Holders

(Bix Weir)  9-27-2022

It's the DERIVATIVES dummy! Volatility in a historically non-volatile market, like the Foreign Exchange (FX) market, is a disaster for the derivative markets! Yes, there will be huge winners...but with every huge winner there are huge losers!

THERE ARE MANY DERIVATIVE PLAYERS THAT LOST HUGE IN THE UK POUND FLASH CRASH!!

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

The GLOBAL Financial System Is COLLAPSING. Home Prices PLUNGE At Fastest Pace ON RECORD.

Greg Mannarino : 9-27-2022

https://www.youtube.com/watch?v=2_yfnS8Q3XI

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Chats and Rumors, MarkZ Deb Aspinwall Chats and Rumors, MarkZ Deb Aspinwall

Short Tuesday Evening Chat with MarkZ 9-27-2022

.Tuesday Evening News with MarkZ 09/27/2022

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 evening MarkZ! Good evening everyone!

Member: Sure is some crazy, crazy news out there…..

Member: 4 days until the next fiscal year starts…..Oct. 1.

MZ: The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere”

Tuesday Evening News with MarkZ 09/27/2022

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 evening MarkZ! Good evening everyone!

Member: Sure is some crazy, crazy news out there…..

Member: 4 days until the next fiscal year starts…..Oct. 1.

MZ: The chatter coming out of Iraq makes it clear what is happening. “Central Bank of Iraq: We are working on issuing a digital currency and deleting zeros from the dinar requires an atmosphere”

MZ: There goal is to change that value ….deleting the zeros means the dinar goes up in value so you no longer need the big bills .  For those that remember….2 years ago they came out with what they called the I-Dinar. This was their pilot program for this and the I-Dinar was to be a gold-backed digital currency.

MZ: Then you have the polymer notes that represent the digital asset that is backed by gold. They have talked about this at length and now here we are watching it play out in today’s news. This is a big piece of information for us.

MZ: You can hang your hat on it that we are very, very close. For those that were panicing and thinking we were not going to go until January……If they are telling you January …they are going to go sooner than that..…..Remember Kuwait …they came out on a Tuesday of a Thursday and said they were not going to revalue for another 3-6 months….maybe 6-9 months….then they RV’d that very afternoon.

Member: PSYCH!

MZ: That’s exactly right….and we have seen so much in history that we know what they are doing. They are openly talking about a date. You know they have to do it before the dates they are talking about. BAM- that is something to be excited about.

Member: We have seen so many times of “Boy that cried wolf” When it really happens I bet many of us won’t believe it at first….lol

MZ: other than that there was very little news on the RV front but a lot in the world news letting us know where we are headed.

MZ: Nothing from redemption centers this afternoon.

Member: Issac : no funds yet banker told him to come back tomorrow

Member: Does tier 4b go before the dinar rate goes public or are we waiting for them to publish the new rate and then we go?

MZ: We don’t know…there is a lot of back and forth on this. Originally we were going to go first and then they would announce it to the world. Now I am being told it will go at the exact same time. As soon as it published we start making our appointments….because of security.

MZ: “ Popular bond market recession gauge may go further below zero then at any time since Paul Volker” Paul Volker was in charge of the Fed in the 70’s and 80’s. He got the inflation markers in line. 

Member: I heard the Queens death marked the end of Admiral Law and a return to Common Law

Member: My bank posted closing 10/14 merging will be closed for 3 days Nj

Member: I wish my debt would get written off….come on Nesara

Member: Many have gotten loans written off……many more to go.

Member: wish I could have some bills wiped. so far nada

Member: i heard all currency will be one to one n the end

Member: Revalue currencies first …then reset to parity down the road.

Member: Does not look good for Florida. It's a slow moving storm. Be safe all of our Florida friends.

Member: Father we ask you to calm the wind and the waves of the approaching hurricane, and spare those in its path from harm.

Member: TY MARK MODS FAMILY LOVE AND PEACE TO ALL AND PRAYERS TO ALL FLORIDIANS

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.

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

The next stream is tomorrow at 10Am est……..unless.

Mod: THERE WILL BE A SHORT SNL CALL ON SATURDAY WITH TEXAS SNAKE, BERNIE AND BLONDE.

https://www.youtube.com/watch?v=iqAOitM5Aj4

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Chats and Rumors, News Deb Aspinwall Chats and Rumors, News Deb Aspinwall

TNT Members "It Does Not Compute" Tuesday PM 9-27-2022

.TNT:

Tishwash: Central Bank Governor: There is no intention to reduce or change the dollar exchange rate

Today, Tuesday, the Central Bank of Iraq announced its intention to issue a new denomination of the Iraqi currency, worth 20 thousand, while stressing that there is no intention of the Central Bank to change the exchange rate of the dollar.

Central Bank Governor Mustafa Makheef said during his speech at the Al-Rafidain Forum that “the central bank has no intention to reduce or change the dollar exchange rate,” stressing that “Iraq is still in the early stages of reaping the positive effects of the exchange rate change, and there are some negative indicators that it is working to address during the period.” coming.”

He added that "the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications," noting that "the central bank presented earlier a project on the process of deleting zeros."

TNT:

Tishwash:  Central Bank Governor: There is no intention to reduce or change the dollar exchange rate

Today, Tuesday, the Central Bank of Iraq announced its intention to issue a new denomination of the Iraqi currency, worth 20 thousand, while stressing that there is no intention of the Central Bank to change the exchange rate of the dollar.

Central Bank Governor Mustafa Makheef said during his speech at the Al-Rafidain Forum that “the central bank has no intention to reduce or change the dollar exchange rate,” stressing that “Iraq is still in the early stages of reaping the positive effects of the exchange rate change, and there are some negative indicators that it is working to address during the period.” coming.”

He added that "the process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications," noting that "the central bank presented earlier a project on the process of deleting zeros."

He pointed out that “the Central Bank is working to complete a new category of 20 thousand dinars based on a study and research compared with neighboring countries, and is working to complete the form of the paper and in the coming days it will be announced,” noting that “the Central Bank has reduced the interest rate on loans.” provided to finance projects, and that the initiatives largely targeted the housing sector, which occupies more than 30% in various sectors.”

He explained that "the central bank has a plan and strategy for five years, and it may be delayed because of what it faces in several areas," noting that "the central bank has taken several steps to develop the banking and financial sectors, including canceling interest and setting simple fees for the development of industrial, residential and agricultural projects."

He noted that "there are several measures taken in the field of the private banking sector, and they can be classified into three categories, very good banks that have good relations and transactions, and there are good banks, and emerging banks," stressing that "there is a previous decision to convert banking companies into banks, and this affected the banks.”

He continued, "All sectors are affected by the general situation in the country, especially the banking sector, whether political or security, and despite that the banking sector had a role in moving the wheel of the economy, especially in the housing sector in particular," stressing that "the Central Bank took the initiative to develop the banking sector and strengthen relations with banks. Arab and international.

And he indicated that "the Central Bank has distinguished relations with the World Bank and the IMF, and it has a strategy, and there is communication with the International Monetary Fund, and Iraq's openness with them is very important despite the challenges facing the country."

He pointed out that "the Central Bank is now completing a new building designed by the architect Zaha Hadid, and he has a branch in Basra province that covers the southern region, and we have Mosul in the northern region, and we have a branch in the Kurdistan region, and the intention was to open a branch in the central region of Najaf, but within the law The Central Bank cannot establish a branch if it does not have its own land, and a piece of land has been allocated, and we are working to establish a branch in Najaf  link

~~~~~~~~~~

An interview with the Central Bank of Iraq regarding the deletion of zeros from the currency and the completion of a new 20 thousand banknote   link

~~~~~~~~~~

Central Bank: We are preparing to issue a new Iraqi currency, and this is our position on deleting zeros link

~~~~~~~~~~~~

Fuze:  This is a good read and not necessarily negative, why? A Central Bank Governor will never ever admit when the Central Bank is close to changing its exchange rate. It's a non-negotiable no-no! To the contrary most Central Banks if not all put out an announcement claiming they will not change their exchange rate right before they change their exchange rate.

So, why is such an article beneficial? It enables a glimpse into the remaining obstacles. We know the Financial Management Law which set the specific parameters and further empowered the CBI to delete the 3 zeros and adjust the exchange rate was passed years ago, in fact the CBI has already legally exchanged the rate several times, we all know this.

Now they may DESIRE to pass additional laws to govern the rate once changed for sure, but the power and processes to do it even with a fully recognized internationally exchanged currency is done.

So, what's the real hold up? The political environment has a direct impact on a SUCCESSFUL REINSTATEMENT AND REVALUATION of any nations currency. Which simply means the People must trust the currency and the change. It must not fail with the People.

~~~~~~~~~~

RVAlready:  I can’t take the 20000 note and delay article to heart, because it runs contrary to what the CBI has been telling the banks for the last several months.

PaulW: Rvalready, I feel the same as you do re CBI article, it does not compute

PaperChaser: Probably it's the smoke and mirrors game. These games are so tiring to the rest of the world. It would be wonderful for the world to revalue without Iraq!  I wouldn't miss Iraq in the least bit.

Yada:  Read the articles and not discouraged. Fuze's posted a comment that I think is a good look at the article. Fact is the CBI has to be cautious in alerting the people of an expected change in the rate and we've seen this with Kuwait and China and viola, the change was there. Think of the reason they would say this now. If they were not going to increase the rate, none of the other countries would be waiting, they would invest now.

Tru4ever:  I think it"s not negative because they will NEVER let us know when they change the rate. Remember...watch what they do and NOT what they say

MountainMole:  If I remember correctly. Kuwait gov. took out a full page in their newspaper informing the people that they would not increase or change the rate of currency. 24 hours later, BOOM, there it is, boom there it is!!!!

Red: fyi about Kuwait The dinar was introduced in 1961 to replace the Gulf rupee, equal to the Indian rupee. It was initially equivalent to £1 stg.[3] As the rupee was fixed at 1/6d, that resulted in a conversion rate of Rs.13+1⁄3 to KD

Red: #2 1. When Iraq invaded Kuwait in 1990, the Iraqi dinar replaced the Kuwaiti dinar as the currency and large quantities of banknotes were stolen by the invading forces. After liberation, the Kuwaiti dinar was restored as the country's currency and a new banknote series was introduced, allowing the previous notes, including those stolen, to be demonetized.

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Chats and Rumors, Economics Deb Aspinwall Chats and Rumors, Economics Deb Aspinwall

More News, Rumors and Opinions Tuesday Afternoon 9-27-2022

.TNT:

Harambe: Vietnam’s economy to expand 7.2% in 2022: World Bank | Vietnam+ 9/27/22

Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.

The economy rebounded strongly from COVID-19-related lockdowns in the third quarter of 2021, expanding by 6.4% in the first half of 2022, the report said.

The WB attributed the rebound to a recovery of exports and the release of pent-up demand following the removal of COVID-19-related mobility restrictions and, more recently, the gradual return of foreign tourists.

In the medium to long term, achieving Vietnam’s goal to become an upper-middle income economywill depend on transitioning to a productivity and innovation-led growth model based on a more efficient use of productive, human, and natural capital, the bank said.

TNT:

Harambe:  Vietnam’s economy to expand 7.2% in 2022: World Bank | Vietnam+ 9/27/22

Vietnam’s economy is expected to grow by 7.2% in 2022, on the back of a strong rebound in domestic demand and continued solid performance by export-oriented manufacturing, according to the World Bank East Asia and Pacific Economic Update, October 2022.

The economy rebounded strongly from COVID-19-related lockdowns in the third quarter of 2021, expanding by 6.4% in the first half of 2022, the report said.

The WB attributed the rebound to a recovery of exports and the release of pent-up demand following the removal of COVID-19-related mobility restrictions and, more recently, the gradual return of foreign tourists.

In the medium to long term, achieving Vietnam’s goal to become an upper-middle income economy will depend on transitioning to a productivity and innovation-led growth model based on a more efficient use of productive, human, and natural capital, the bank said.

The WB forecast that growth in the region is projected to decelerate from 7.2 percent in 2021 to 3.2 percent in 2022, which is about two percentage points slower than was expected in April 2022.

Potential output in the region is now projected to expand 4.6% year-on-year over the 2022-2030 period, down from 6.5% in the decade preceding the pandemic. 

According to a forecast by the WB in April, East Asian and Pacific countries can achieve an economic growth of 5% in 2022.

https://en.vietnamplus.vn/vietnams-economy-to-expand-72-in-2022-wb/239040.vnp

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

Harambe: Bank Indonesia Intervention Lifts Rupiah From Lowest Since 2020 | Bloomberg 9/27/22

Indonesian authorities are intervening in the spot and domestic non-deliverable forwards markets to prevent the rupiah from weakening excessively, Edi Susianto, executive director of monetary management, said in a text message Tuesday. The currency erased a loss of as much as 0.3% against the greenback after his comments.

From Japan to South Korea and India, Asia’s policy makers are stepping up the defense of their currencies as the dollar’s rally shows few signs of easing. Bank Indonesia has also deployed its own version of Operation Twist -- selling short-term notes and buying up longer ones -- in an effort to shore up the rupiah.

“It seems like many Asian central banks have become more aggressive in trying to reduce downside pressure on their currencies,” said Mitul Kotecha, head of emerging-market strategy at Toronto Dominion Bank in Singapore. “However, it’s a hard battle given ongoing USD strength.”

Bank Indonesia had spent $4.21 billion of its foreign-exchange reserves in July as it sought to limit the rupiah’s losses amid the nation’s widening rate gap with the US.

The rupiah traded little changed at 15,123 per dollar as at 3.33 p.m. local time after sliding to 15,171 earlier, the weakest since April 2020.

Still, it’s worth noting that Indonesia’s currency has held up relatively well since the dollar started rallying last month. It has fallen less than 2% since Aug. 10, beating all but one of its Asian peers.

Crisis Level Risks Loom in Asia as Major Currencies Crack

Elevated commodity prices have buttressed the nation’s trade surplus, while stock inflows and Indonesia’s robust growth also helped shield the rupiah against the worst of the dollar’s onslaught.

“Psychologically, it’s still important to slow depreciation pressures against the dollar so that spillover drags from current elevated US Treasury yields are contained,” said Yanxi Tan, a strategist at Malayan Banking Berhad in Singapore. “The relative resilience of the rupiah, which is seeing support from benign trade surpluses and BI rate hike expectations, could mean that interim FX concerns are somewhat less urgent.”

https://www.bloomberg.com/news/articles/2022-09-27/bank-indonesia-intervention-lifts-rupiah-from-lowest-since-2020

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

Harambe:  IMF says it will not provide loans for Zimbabwe | 9/27/22

The International Monetary Fund has ruled out providing financial assistance to Zimbabwe, following a staff mission to the country. The mission’s leader, Dhaneshwar Ghura, said the IMF was “precluded from providing financial support to Zimbabwe due to unsustainable debt and official external arrears”. The IMF urged the Reserve Bank of Zimbabwe (RBZ) to continue raising rates and to liberalise the foreign-exchange market.

“The IMF is precluded from providing financial support to Zimbabwe due to an unsustainable debt and official external arrears,” the fund said in a statement after a month-long mission to the African country.

“A Fund financial arrangement would require a clear path to comprehensive restructuring of Zimbabwe’s external debt, including the clearance of arrears and obtaining financing assurances from creditors.”

The IMF said its staff had completed a virtual mission to Zimbabwe from October 16 to November 16, and noted “significant” efforts by authorities there to stem inflation, contain budget deficits and reserve money growth.

Zimbabwe, which has suffered from bouts of hyperinflation in the last 15 years, has not received funding from lenders like the IMF and the World Bank for more than two decades due to arrears.

The country has more than $10 billion in debt, most of which is in arrears.

In September, the government said it had made symbolic debt repayments to some creditors for the first time in 20 years.

After several years of economic contraction, and despite the fallout from the coronavirus pandemic, the IMF forecast that Zimbabwe’s economy would expand by six percent this year.

Zimbabwe is still reeling from decades of financial mismanagement under its late former president Robert Mugabe.

The southern African country has been in severe economic crisis for years, during which many have helplessly watched their savings evaporate and prices soar.

Manufacturing and exports have shrunk, and foreign currency is continuously in short supply.

https://www.zimcitizen.com/imf-says-it-will-not-provide-loans-for-zimbabwe/

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

Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground TV report] FIREFLY:  They showed an economist today being interviewed saying the government can control the currency auctions by making the dinar equal to the dollar or close to it...they say watch for government to make this move in the near future to control the currency auction once they sit... FRANK:  The reason why the economist is talking to you about the dinar going 1 to 1 internationally is because the CBI already told you that...they told you they were going to go 1 to 1 and float...

Samson  Article:  "The central bank reveals a new denomination of the currency and is working on issuing a digital one" Quote:  "the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars...We will start announcing the new category after completing its requirements...He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar."

Rate Hikes Are Wiping Out Central Banks!

Sean Foo:  9-27-2022

Australia's central bank has its equity wiped out by the billions! As the rate hikes continue, global central banks are feeling the pain on their balance sheets. We have the Reserve Bank of Australia taking in horrific bond losses to the point of negative equity. This is bad news as rate hikes continue to soar. A mortgage crisis could be brewing and other central banks, like the ECB, have to brace for impact. Here's what you must know!

Timestamps & Chapters:

 0:00 Australia's Central Bank Got Wiped Out

3:10 A Central Bank Can't Go Bust But...

5:58 The Real Estate Crisis Could Get Worse

8:02 This Central Bank Is Next

https://www.youtube.com/watch?v=nv-SssJaZ48

October Stock Market "Surprise?" Debt Market Meltdown, Currency Crisis, CRATERING ECONOMY.

Greg Mannarino:  9-27-2022

https://www.youtube.com/watch?v=eCaZecBe8UY

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