The Fed Can't Control Inflation Without Bursting All Asset Bubbles
Michael Pento: The Fed Can't Control Inflation without Bursting All Asset Bubbles
Palisades Gold Radio: 4-20-2023
Michael compares the huge increase in debt leading up to the 2008 financial crisis and the current debt bubble.
Pento highlighted the $68.9 trillion in total non-financial debt that is currently outstanding, which is double the amount of debt prior to the crisis.
He notes that this was caused by the Federal Reserve taking interest rates to 1% and then to 0%, which created an artificial edifice known as the US economy.
Pento described how the Fed’s balance sheet went from $800 billion in 2007 to $9 trillion in 2022, which caused misallocations of capital and asset bubbles.
Michael Pento: The Fed Can't Control Inflation without Bursting All Asset Bubbles
Palisades Gold Radio: 4-20-2023
Michael compares the huge increase in debt leading up to the 2008 financial crisis and the current debt bubble.
Pento highlighted the $68.9 trillion in total non-financial debt that is currently outstanding, which is double the amount of debt prior to the crisis.
He notes that this was caused by the Federal Reserve taking interest rates to 1% and then to 0%, which created an artificial edifice known as the US economy.
Pento described how the Fed’s balance sheet went from $800 billion in 2007 to $9 trillion in 2022, which caused misallocations of capital and asset bubbles.
He warns that the only way to bring down inflation was to pop the bubbles, but that this would cause further economic destruction.
He explains that this cycle of inflation-deflation would eventually lead to an inflation oppression, in which high rates of inflation would be combined with low economic growth.
He coined this term “infla-pression” back in 2012.
Michael discusses the four horsemen of the economic apocalypse, which are cash, US sovereign debt, the dollar and shorts.
He believes that the Federal Reserve's BTFB has prevented a liquidity crisis and created a number of zombie banks.
He has been investing in gold and miners, and his current allocation is 14%. He is waiting to see further erosion in economic growth before he increases his gold allocation to 20%.
He advises that 5% of investments should be in physical gold, and the rest could be in liquid or paper gold. He believes that now is the time for people to buy the dip in precious metals.
Time Stamp References:
0:00 - Introduction
0:38 - 2008 Debt Crisis & Today
3:30 - A Perfect System
5:45 - Yellen & Q.E. Lite
6:52 - Inflationary Cycles
8:57 - Asset Bubbles & Inflation
14:36 - Infla-pression
16:00 - The Four Horseman
19:47 - Rates & Allocations
22:05 - Wrap Up
Talking Points From This Episode
- The US non-financial debt is double the amount prior to the 2008 financial crisis.
- Michael coined the term “infla-pression” which is a combination of high inflation and low economic growth.
- Michael advises that now is likely the time to buy the dip in precious metals.
Thursday Evening Chat with MarkZ 4-20-2023
Thursday Evening News with MarkZ 04/20/2023
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
Marks podcasts will be on Trolling News Network until next Wed or Thurs.
Member: Good Evening Mark and Everyone
Member: Hoping Mark has good news tonight
MZ: Well, we are having an almost textbook example of Kuwait and China RV’ing in Iraq right now. With the information and disinformation.
Thursday Evening News with MarkZ 04/20/2023
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
Marks podcasts will be on Trolling News Network until next Wed or Thurs.
Member: Good Evening Mark and Everyone
Member: Hoping Mark has good news tonight
MZ: Well, we are having an almost textbook example of Kuwait and China RV’ing in Iraq right now. With the information and disinformation.
MZ: “Nina’s Parliamentary Finance : Voting on the budget on this date and we will reduce the deficit rate” I heard they were going to vote closed doors today, but, I do not have an update out of Iraq yet.
MZ: I am being told by my sources ovr there that they are going to spring the budget on us maybe Friday or Saturday…..or this weekend…..We will see. We do not know if the new rate is in the budget or not.
MZ: By early next week we do know Erbil is supposed to be pumping oil again….so there must be some kind of agreement with the HCL laws-section 140. We are watching it
MZ: I continue t get tremendous chatter from the bond side. They expect things to start later in the day tomorrow and be in full swing on Saturday just keep your fingers crossed guys.
Member: Those poor people have been lied to so much…..even if they were told the truth-at this point no one will believe them
MZ: They give us positive news one minute and negative news the next just to keep the timing clouded..
Member: I wonder if redemption center folks will be working this weekend?
MZ: My RC sources do not know yet if they are working this weekend. They have logistical meetings about 10:00 tomorrow morning so hopefully before we finish the morning poscast we will know what they told them.
Member: Are we back to kicking the can once again. Another week of Disappointment and almost another month of disappointment.
Member: Don’t give up…..It will happen “suddenly” and hopefully “Quickly”
Member: What is your guy telling you on timing Mark?
MZ: My gut is screaming Friday through the weekend. I am praying this time its accurate.
Member: (From Dinar Guru) Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
MZ: It is a great article.
Member: Iraq market stops its activity for five days…great time to RV
Member: Mark, what basket do you see the US going in?
MZ: the first basket…..and not supposed to see any changes
Member: I think the dinar rate will start at $1.61
MZ: Yes- if they go first and alone –they will do the NEER (Nominal Effective Exchange Rate) But, I hear they are going all in with a RI (reinstatement) at least .
Member: That would be over $3.22
Member: will it be possible to request redemption split on more than one qfs cards to help with distribution to multiple projects???
Member: It's been said that the exchange will be just that-exchange only. But it's also said that bankers may be available right after your appointment for special things that you might need.
Member: Good evening and thanks to all the mods, you're all priceless!!
Member: Hope we all have a blessed weekend
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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!
AFTER THE NEWS UPDATE WE WILL JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM.
News, Rumors and Opinions Thursday PM 4-20-2023
KTFA:
Clare: Iraq market stops its activity for five days
4/20/2023
The Iraqi Stock Exchange announced, on Thursday, that it has stopped its activities for five days.
In a statement received by Shafaq News agency, the market said, "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
He added, "The first trading session after the Eid holiday will be on Tuesday, April 25, according to its official timing."
KTFA:
Clare: Iraq market stops its activity for five days
4/20/2023
The Iraqi Stock Exchange announced, on Thursday, that it has stopped its activities for five days.
In a statement received by Shafaq News agency, the market said, "Based on the Cabinet's decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday."
He added, "The first trading session after the Eid holiday will be on Tuesday, April 25, according to its official timing."
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions per week, from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services. LINK
Clare: The Minister of Finance directs Al-Rasheed and Al-Rafidian employees to work during the Eid Al-Fitr holiday
4/20/2023
Finance Minister Taif Sami directed the employees of Al-Rafidain and Al-Rashid Banks to work during the Eid Al-Fitr holiday. A statement by the ministry, received by "Al-Mutala", stated that "the Minister of Finance directed the employees of Al-Rafidain and Al-Rasheed Banks to work today, Thursday, and tomorrow, Friday, and throughout the days of the Eid Al-Fitr holiday, for the purpose of completing the procedures for paying employees' salaries for the current month."
Below are the specific branches of exchange in Baghdad and the provinces: LINK
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Courtesy of Dinar Guru
Militia Man On April 13 Alaq Central Bank Governor says, 'Alert, Alert we're going to have a potential rate change.' The backdrop is bold red. To me he says Red Alert...am I reading into it? Maybe. But it really is powerful.
Frank26 Article Quote: "...we are witnessing today that the parallel exchange market is rapidly approaching the official price." Hot diggity dog. The new national currency of Iraq with a new national exchange rate! This is a powerful article. This is shove it in somebody's nose when they tell you it's a scam. Its' a great article.
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TNT:
CandyKisses: ‘Iraq 2023, Open to the World’, IBBC Mansion House Conference, June 16th, 2023
This is a big year for Iraq, and IBBC is inviting you to join us at our Mansion House, Spring Conference on June 16th in the City of London.
We are celebrating the theme ‘Iraq 2023, Open to the World’ with our members and the international business and finance community.
As the Iraqi government is set to pass a new $120bn budget for distribution, sustained by a strong oil price and increased political stability, the Internationalisation of Iraq is set to continue and accelerate.
IBBC is also developing a wider international audience, from trade initiatives with Saudi Arabia and Kuwait, members in Turkey and USA, to members services extending to the Gulf, Europe and beyond. It’s time to evaluate how Iraq can evolve and optimise the opportunities for growth.
IBBC expects a full agenda of major international companies and speakers, UK & Iraqi politicians and many networking and business development opportunities.
Key panels will include International Finance with sessions on Banking and Investment, Project Finance and Insurance, Renewable Energy and diversified services. We expect to hear from some of the most successful local and international companies working in Iraq on Infrastructure and General Trading. In addition, there will be parallel sessions on Education and Technology in dedicated spaces. Please do get in touch with us should you wish to help shape the agenda and suggest potential themes and speakers.
We are aiming to exceed last year’s record attendance and are including a special reception at One Great George Street the previous evening, 15th June as part of the ticket.
https://iraqbritainbusiness.org/event/ibbc-spring-conference-2023
Bye Bye Dollar... The US Dollars Purchasing Power Just Hit An ALL TIME LOW, And Going Lower.
Greg Mannarino: 4-20-2023
SILVER ALERT! The World Will Soon Discover That There's Not Enough Silver for EVERYONE!!
(Bix Weir) 4-20-2023
The entire world is racing into a digital future and building out the infrastructure to support it. That will come to an ABRUPT STOP when they cannot find any SILVER at ANY PRICE!! At that moment there will be 8 Billion People that will be bidding on the LAST OUNCE of SILVER!!
Sean Foo, George Gammon and Lynette Zang Thursday 4-20-2023
The Dollar Is In DANGER! | Yellen Admits The Obvious, U.S. Hegemony At Risk
Sean Foo: 4-20-2023
Janet Yellen admits that weaponizing the dollar against Russia is risking the status of the reserve currency. This admission tells us how severe de-dollarization has become and how badly the sanctions are backfiring.
However, Yellen goes on to say that the economy is still strong and the banking crisis is just a minor event.
Here's what you must know and why more economic chaos is likely to come!
The Dollar Is In DANGER! | Yellen Admits The Obvious, U.S. Hegemony At Risk
Sean Foo: 4-20-2023
Janet Yellen admits that weaponizing the dollar against Russia is risking the status of the reserve currency. This admission tells us how severe de-dollarization has become and how badly the sanctions are backfiring.
However, Yellen goes on to say that the economy is still strong and the banking crisis is just a minor event.
Here's what you must know and why more economic chaos is likely to come!
Timestamps & Chapters:
0:00 Yellen Admits The Obvious
2:10 Dollar Hegemony In Trouble
5:07 Hard Landing Coming!
8:08 Inflation Crisis Not Ending
10:47 The Ultimate Mistake
12:54 Yellen Tells Us Not To Panic
WARNING!! We Haven't Seen This Since The Great Depression
George Gammon: 4-20-2023
"Coffee With MarkZ" Thursday Morning Chat 4-20-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday 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
Remember- Marks Podcasts are on the “Trolling News Network” for the next week.
Member: In a blink of the eye-this week has flown by
Member: EID starts tomorrow?
Member: I think it started today and everything in Iraq is closed until Tuesday. What a convenient tome to let it go!!!!!
Member: if Sudani is saying right after EID...then I think they will drop it before then....they never tell the exact timing...and Sudani cant let this go on for too long
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Thursday 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
Remember- Marks Podcasts are on the “Trolling News Network” for the next week.
Member: In a blink of the eye-this week has flown by
Member: EID starts tomorrow?
Member: I think it started today and everything in Iraq is closed until Tuesday. What a convenient tome to let it go!!!!!
Member: if Sudani is saying right after EID...then I think they will drop it before then....they never tell the exact timing...and Sudani cant let this go on for too long
Member: Markets in Iraq are having problems with the Dinar only thing....so they new lower denom currency has to be soon
Member: anyone think this story of it being pushed into June has any merit?
MZ: I was told that date was going to be floated a few days before it was. Things are getting super predictable now on the smoke.
Member: Isn't the 60 day deadline passed for the New Minister of CBI to revalue???? Not that I thought it was ever a real benchmark...
Member: Militia Man's vid was exciting!!!!
MZ: The news from Iraq continues to be phenomenal. But be sure to expect the “carrot and stick” news all this week.
MZ: After lots of good articles this week – they throw this one in “After approving the triple budget. Political forces fearing government domination of Parliament”
MZ: Meanwhile ther is more positive pieces “ Minister of Finance directs the working hours of Al Rasheed and Al Rafidan employees during the Eid El Fitr holiday” They have them working for days straight throughout the holiday…..but, 99% of the country will be off. I think this is very important. If they want dinar in all the hands of the folks…..If they are going to revalue or reset their currency…..it would be important for banking to be open.
MZ: A lot of folks in Iraq believe this is a cover….and they believe its necessary. But it is payday for many in the country ….. government employees. I do find this curious. They have not been paying government salaries because they have not passed the budget …and now suddenly they need to pay them? Did they quietly approve the budget and not made an announcement yet? This may be an important piece.
MZ: “Iraqi Market suspends its activities for five days.” Think about that…….Banks will be open but the stock market will not. You would think if it’s all about the Eid Al Fitr holiday everything would be shut down. The timing is pretty interesting in my book.
MZ: We are still hearing all kinds of chatter on the bond side. I am hearing more and more reports of “changed procedures” for payouts and some KYC (know your customer) changes that they are scrambling to take care of today and tomorrow…..I will let you know when anyone has real, spendable dollars.
MZ: No CMKX news specifically.
Member: More chedder-less chatter
MZ: Maybe that needs to be our new motto.
Membr: Congress wants to raise the debt ceiling again….Guess 32 Trillion in debt is not enough for them….sheesh
Member: lol McCarthy saying they will raise the debt ceiling... His own party says he doesn't have the votes for it (unless something has changed?). This "movie" can turn into a comedy at any moment please!
Member: gm rv'ers! we woke up at 4:30 this am to an ebs that said 'EXTREME ALERT this is a test of the emergency broadcast system. no further action needed'. I have never gotten that before.
Member: Early day here in FL with an EBS Test at 4:45 AM!
MZ: Supposedly it was just a “glitch” An unintended EBS. Not sure how that happened. Someone has to set it up????
Member: Two unintended tests? First tv then phone????
Member: Mark, Do you know if the accounts we get with the QFS is a multi currency account?
MZ: I am told we will be offered a multi currency account when we exchange….but they were not specific if its with the QFS…I assume it is….I will ask that question.
Member: Dong rate?
MZ: I still say $2.25 but hearing it could be as high as $4. We will not know until we get there….I would be happy with $1 and be excited.
Member: New ATM's going in at my CHASE bank this morning
Member: Protestors storming Euronext stock market with torches –ccalling on Macron to resign.
MZ: They are trying to keep this hidden……but things are heating up
Member: The Best is Yet To Come
Member: Thanks all……see you all tonight….unless.
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/
MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
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
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
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.
"Tidbits From TNT" Thursday Morning 4-20-2023
TNT:
Tishwash: Iraq market stops its activity for five days
Today, Thursday, the Iraqi Stock Exchange announced the suspension of its activity for a period of five days.
The market said in a statement, "Based on the Cabinet's decision to declare an official holiday for a period of five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, corresponding to April 20, until next Monday."
The statement added, "The first trading session after the Eid holiday will be on Tuesday, April 25, according to its official timings link
TNT:
Tishwash: Iraq market stops its activity for five days
Today, Thursday, the Iraqi Stock Exchange announced the suspension of its activity for a period of five days.
The market said in a statement, "Based on the Cabinet's decision to declare an official holiday for a period of five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, corresponding to April 20, until next Monday."
The statement added, "The first trading session after the Eid holiday will be on Tuesday, April 25, according to its official timings link
CandyKisses: The Minister of Finance directs the work of Al-Rasheed and Al-Rafidain employees during the Eid al-Fitr holiday
Finance Minister Taif Sami directed the employees of Rafidain and Rashid bankers at work during the Eid al-Fitr holiday.
A statement by the ministry received by "Al-Malala" said that "the Minister of Finance directed the full-time of the employees of Al-Rafidain and Rashid bankers on Thursday, tomorrow, Friday and throughout the Eid al-Fitr holidays for the purpose of completing the procedures for paying the salaries of employees for the current month."
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Tishwash: Ali Al-Alaq continues his efforts to organize the financial and economic affairs in Iraq
The Central Bank of Iraq has taken new mechanisms to reduce money laundering and terrorist financing through the sale and purchase of real estate.
According to a document issued by the Central Bank, which stated that “for the purpose of reducing the risks of money laundering and terrorist financing related to the real estate sector, which is considered one of the international requirements imposed on the Republic of Iraq to adhere to, and which reflects the positive impact on its evaluation, coordination between you and the real estate registration departments regarding operations Buying and selling real estate.
And the bank stipulated that “the presence of the seller and the buyer or buyer, for the purpose of depositing the agreed amount with your institutions when the amount of the property exceeds the permissible limit in the due diligence controls of the real estate registration departments No. 1 of 2022.”
And he stressed that "the amount is deposited with your institutions through opening accounts or any other methods that you deem more flexible, after taking due diligence measures on your part."
And the bank stressed that “the commission specified by the supervisory authority for this purpose is met, or without it according to the policy followed by you, which in turn will increase the classification of banks’ evaluation by the supervisory authority in the event that nominal percentages are taken, based on what came in our letter No. 2/9/126 dated On 26/2/2023, which includes the quality of banking services.
The bank indicated that "a letter is issued by you to the real estate registration department concerned with the process, by depositing the amount, and the letter addressed to the aforementioned department includes the following: (m/ depositing the amount of the text (the amount of the property numbered with the number (...) has been deposited according to Bond No. (... ) returned to the seller Mr. (....), and the buyer Mr. (....), after completing the due diligence procedures based on what was stipulated in the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015 and the due diligence controls concerned with the real estate registration departments No. 1 for the year 2022. link
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CandyKisses: Russia announces the start of the "de-dollarization" process: the dollar is on its way to disappear
Russian Deputy Foreign Minister Alexander Pankin announced the launch of the "dedollarization" process, stressing that sooner or later the dominance of this currency is on its way to disappear.
Asked when Russia would be able to completely get rid of the dollar and how that would affect the U.S. position internationally, Pankin said: "This process has been launched, it's a trend, and that's popular."
"Of course, the dollar's position is strong in the global economy, of course, there are a number of dependencies. The dollar is not just a financial instrument. Rather, it is reinforced by American policy with other types of dependencies, a network of military-political, economic relations and so on."
"Now many countries are stronger and tougher, and therefore, there is greater confidence in their currencies. I don't know if the dollar will disappear like this."
"I recently read and saw this table somewhere, which was dominating that. Once upon a time, the Dutch guilder, the Portuguese escudo dominated – moreover, for 80 years, 100 years, the pound sterling was... The dollar is not the first currency in the world to dominate for a long time. And I don't assume the dollar age calculation. But every dominant currency is deferred in its lifetime."
Mot: ....... the ""Perks"" of becoming Seasoned! ~~~
Mot: ... Hoping Soooon fer ALL!!! ~~~~~
Judy, MilitiaMan and more....Thursday AM 4-20-2023
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. 20 April 2023
Compiled Thurs. 20 April 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
By Wed. 29 March the Iraqi Dinar had revalued in-country and was trading on the back screens internationally as a gold/asset-backed currency.
On Sat. 1 April the new Global Financial System became official, including the gold/asset-backed US Note.
As of Sun. 2 April Bond financing that funded the GCR, had been completed.
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. 20 April 2023
Compiled Thurs. 20 April 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
By Wed. 29 March the Iraqi Dinar had revalued in-country and was trading on the back screens internationally as a gold/asset-backed currency.
On Sat. 1 April the new Global Financial System became official, including the gold/asset-backed US Note.
As of Sun. 2 April Bond financing that funded the GCR, had been completed.
On Mon. 3 April Bond payouts began.
By Wed. 5 April the fiat Federal Reserve US Dollar was no longer accepted in any country except for the US, Canada and Mexico. Those three countries would accept it for about another three months as the world transitioned to gold/asset-backed currencies including the new gold/asset-backed US Treasury Note.
Thurs. 6 April: Dubai 1 working capital funds became liquid.
By Mon. 10 April the Global Currency Reset had been fully funded; Dubai 2 groups of Sovereign Buyers started contracts with various trusts; large file sellers and funds were paying out to various entities and Chinese Bond Holders received their Q Cards from HSBC (from 12 versions of Chinese Bonds), with a promise that they would have access to 1% of funds on their Q Cards by Fri. 14 April.
One minute after midnight Fri. morning 14 April, the GCR Codes were released. That same morning the Elders were in Reno getting paid, plus Bond Holders and US Native Americans received their first payment of 1%.
On Sunday 16 April the shift to all things Quantum began. All banks around the world were connected to and using the QFS (Quantum Financial System) exclusively. Any bank that attempted to transfer money via SWIFT and not have a digital certification attached to each transfer, would lose its ability to be in the banking/ financial industry. This was about putting a final nail in the coffin for “Money Laundering” and wrongdoing.
By Mon. 17 April the World Bank had published the Global Currency Reset release codes and Central Banks were trading the new US Treasury gold/asset-backed Note.
By Tues. 18 April full Liquidity had been released for the GCR, plus all GCR participating countries were transitioning to NESARA/GESARA and their own gold/asset-backed currencies.
Crypto Crashes: https://www.zerohedge.com/crypto/crypto-crashes-amid-cascade-long-liquidations
Bond Yield Jumps, Crypto Crashes: https://www.youtube.com/watch?v=8nJbUMsDfys
Read full post here: https://dinarchronicles.com/2023/04/20/restored-republic-via-a-gcr-update-as-of-april-20-2023/
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Courtesy of Dinar Guru
Frank26 [ Iraq boots-on-the-ground report] FIREFLY: The CBI governor is talking more of this program rate plan and the alert that they put us on. They are telling us this is all part of the restructure of Iraq 's banking... FRANK: It's important for you to understand. They are not trying to stabilize the program rate. They are trying to stabilize the discrepancy between the Iraqi dinar and the American dollar. To close the gap. That is the internal float...This gap is too big right now...They have to narrow it to reach 1 to 1 in order to float internationally...They are moving like a bunch of ants quickly to accomplish their goal.
Goldilocks Iraq is expanding their ISX market to include oil, gold, and foreign companies. This will expand the reach of the Iraqi Dinar and create more demand for their currency. It is a move that will increase the value of their National Currency, of which, they are currently exclusively utilizing at this time. They will need to move from a programmed rate to a competitive rate to succeed on a market expansion such as this we are witnessing. We are getting even closer my friends.
TIMING - CBI - GOI - TALKING - CURRENCY
MilitiaMan and Crew: 4-20-2023
THE ENTIRE BANKING SYSTEM IS GOING TO GET A MASSIVE BAILOUT... Count On It!
Greg Mannarino: 4-19-2023
Wednesday Evening Chat with MarkZ 4-19-2023
Wednwsday Evening News with MarkZ 04/19/2023
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: GE MARKZ, MODS and fellow RVERS
Member: Good evening Trolling News Network
Member: WOW we haven't been on this channel in a long time
Member: What does that look on MarkZ's face in the thumbnail mean?
MZ: It is the face I made when I read the email from YT giving me a strike. I’m in youtube jail for a week. This is our back up channel
MZ: Lets get to it. Nader has a new video – he shows an article and says “read this” He was at the airport heading to Iraq and he is very hopeful he will be able to exchange there.
Wednwsday Evening News with MarkZ 04/19/2023
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: GE MARKZ, MODS and fellow RVERS
Member: Good evening Trolling News Network
Member: WOW we haven't been on this channel in a long time
Member: What does that look on MarkZ's face in the thumbnail mean?
MZ: It is the face I made when I read the email from YT giving me a strike. I’m in youtube jail for a week. This is our back up channel
MZ: Lets get to it. Nader has a new video – he shows an article and says “read this” He was at the airport heading to Iraq and he is very hopeful he will be able to exchange there.
MZ: Here is that article.” The Central Bank of Iraq adopts new mechanisms to combat money laundering” They are talking about all the great changes the CBI and the banking system has made to combat money laundering and to move money forward. That they are not just government owned anymore-that they have a real banking industry there. This is one of the pieces released so the people have confident in their banking and confident in a higher rate.
MZ: Nader has changed his name on the you tube videos. He used to be Nader from the Mid East. Now he is just “:Nader”
MZ: On the Reno side…..its pretty quiet so far this evening I am expecting a update from a paymaster later this evening. I will share this with you in the morning.
MZ: We are hearing a lot of chatter over the next few days and especially for over the weekend. So, I feel good. I feel like we are there. The news is overwhelmingly good.
Member: Issac and wolverine have posted people.. sounds like great news
Member: Issac said the payment processes have changed and he will let us know “exactly” tomorrow.
MZ: My bond people have been telling them that there are two changes , and they are hoping its all straightened out by Thursday/Friday. One is on the KYC or know your customer side of it. They have made changes on how they are conducting those. And two –some changes on the payment side but I have not been told specifically what they are yet.
Member: read today that House Speaker McCarthy is going to raise debt ceiling again, will that effect the RV?
MZ: Zero effect on the RV. Don’t even waste time worrying about that.
Member: Last week you and militiaman thought the RV would be this week.
MZ: I’m still feeling it ….for this coming weekend. This is based on what I am hearing. We are both feeling it based on how close things are.
Member: I contacted one of my best sources today and they are well connected with what is going on. They said definently the St. Germaine and Rodriguez trusts were opened.
MZ: I am hearing more say it was opened then saying it wasn’t. At the same time groups have not been funded yet. That’s the only reason Im not totally sure yet.
Member: Love, light and keep your vibrations high.
Member: Mark, We Appreciate You & Your Efforts To Keep Us Informed Of Current Events & Global Developments. Thanks For All You Do For This Community
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.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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!
News, Rumors and Opinions Wednesday PM 4-19-2023
KTFA:
Clare: Translated from Arabic by Google
It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq.
KTFA:
Clare: Translated from Arabic by Google
It was decided that the approved cash currency in all ATMs affiliated to the Iraqi Trade Bank shall be in the dinar currency only, and the dollar currency shall be canceled from those devices, as well as the national currency shall be adopted in all electronic financial services, in implementation of the decision of the Council of Ministers and the directives of the Central Bank of Iraq.
Clare: Central Bank: Car showrooms will deal in Iraqi dinars
4/18/2023
The Central Bank confirmed, on Tuesday, that the reform package is a major shift for the organized economy, while noting that dealing in the Iraqi dinar will extend to the private sector.
The bank's advisor, Ihsan Shamran, told the official news agency, "The government supported the reform package launched by the Central Bank," noting that "there is great harmony between the financial authority and the government."
And he considered, "Countries whose legal systems are good have an excellent economy because they do not deal in dollars," noting that "companies and government institutions responded, including Iraqi Airways, by relying on the strength of the Iraqi dinar, regardless of the exchange rate."
He pointed out that "the public began to deal with the Iraqi dinar as a national currency," explaining that "this will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar."
And he went on to say, "This is considered a real step and a big shift for the organized economy," explaining that "the real value of the dinar that exists now is more than one and a half dinars, because the bank's reserves are very high and therefore the national currency cover is high."
And he continued, "Iraq's economic interface is the central bank, which takes corrective steps, the most important of which is the platform that transformed foreign trade in Iraq into real trade, after the relationship between the dollar that exits the country and the commodities was disconnected between them," adding: "Through the platform, all These matters were seized, including the dollar that is sold by the central bank to the bank and then to the public, and the public asks the bank to transfer it to the merchant who exports the commodity to Iraq. It has been seized and has become clear.
He added, "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and terrorist financing, and that we have left the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work." LINK
************
Claare: Central Bank: Dealing in the Iraqi dinar will extend to the private sector
4/18/2023
The Central Bank confirmed, today, Tuesday, that the reform package is a major shift for the organized economy, while indicating that dealing in the Iraqi dinar will extend to the private sector.
The bank's advisor, Ihsan Shamran, told the Iraqi News Agency (INA): "The government supported the reform package launched by the Central Bank," noting that "there is great harmony between the financial authority and the government."
He added, "Countries whose legal systems are good have an excellent economy because they do not deal in dollars," noting, "Companies and government institutions responded, including Iraqi Airways, by relying on the strength of the Iraqi dinar, regardless of the exchange rate."
And he continued, "The public began to deal in the Iraqi dinar as a national currency," explaining, "This will extend to the private sector, including car showrooms, and at a close stage, the furniture and electrical dealer will not need the dollar."
He stated, "This is a real step and a major shift for the organized economy," explaining, "
And he stated, "Iraq's economic interface is the central bank, which takes corrective steps, the most important of which is the platform that transformed foreign trade in Iraq into real trade, after the relationship between the dollar that exits the country and the commodities was disconnected between them," pointing out that "through the platform All these matters have been seized, including the dollar that is sold by the central bank to the bank and then to the public, and the public asks the bank to transfer it to the merchant who exports the commodity to Iraq. It has been seized and has become clear.
He pointed out, "Iraq and the Central Bank are in compliance with international concerns, including combating money laundering and financing terrorism," explaining that "we have exited the gray area and turned into a respected compliant country, and the Central Bank has now become an internationally recognized institution, as compliance is a feature of the ethical and legal features of work." . LINK
************
Courtesy of Dinar Guru
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend...said - with the help of the US Treasury they are now working on stabilizing the program rate. It's being done with an internal float. When this is completed all these meeting with the World Bank and IMF is because they will be the one helping us go international. The process is moving at full force. FRANK: And quickly.
Walkingstick [via Frank26] They want the citizens to know their new national currency will be stronger than it's ever been - Stronger than any currency that they have ever been using because the American dollar is tumbling and Iraq is going in the opposite direction.
Deathblow Coming for the Dollar, People Will Run to Gold:
Peter Schiff: 4-19-2023
Peter Schiff lays out the endgame scenario for reserve currency status of the U.S. dollar, along with the reasons why a return to a gold standard is inevitable.
Bruce’s Big Call Dinar Intel Tuesday Night 4-18-23
Bruce’s Big Call Dinar Intel Tuesday Night 4-18-23
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the Big Call tonight, it is Tuesday, April 18th and you're listening to the big call. Thanks for tuning in everybody all around. Glad to have you back. And we're looking forward to having a good call tonight - so thank you for being there.
Okay, so let's talk a little bit about the Intel in the next few minutes. Yesterday some information came in as Sue was referring to it a little bit. We had heard from a source that one of our sources pretty good sources, and where the source talked about the release, sequential release of basically everybody, the bondholders getting their activation on their cue cards, and those - cash all those intermediaries that we've talked about in the past, all those going - everything we can think of really including our notifications would be sometime today. But to our knowledge, none of that happened.
Bruce’s Big Call Dinar Intel Tuesday Night 4-18-23
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the Big Call tonight, it is Tuesday, April 18th and you're listening to the big call. Thanks for tuning in everybody all around. Glad to have you back. And we're looking forward to having a good call tonight - so thank you for being there.
Okay, so let's talk a little bit about the Intel in the next few minutes. Yesterday some information came in as Sue was referring to it a little bit. We had heard from a source that one of our sources pretty good sources, and where the source talked about the release, sequential release of basically everybody, the bondholders getting their activation on their cue cards, and those - cash all those intermediaries that we've talked about in the past, all those going - everything we can think of really including our notifications would be sometime today. But to our knowledge, none of that happened.
None of that happened. Now what was significant about yesterday –the 17th was, it was the day that all the banks around the globe were to be completely connected, interconnected to the quantum financial system. And actually, Saturday was actually called Quantum day. So just yesterday, was the day that all banks were gonna be interconnected, or they were just so well they were not able to, to be part of the, the new global currency reset
And also, yesterday, we understood that we would see the asset backed - Let's call it the gold back asset backed United States Treasury dollar acknowledged – announced - and all that yesterday, to our knowledge, we never saw that. We never saw the announcement or acknowledgement of it. Not in the United States, in all 50 states and not globally.
So are we there ready with a digital digital version of our USN? Yes. Is the currency our new and it's not rainbow currency by the way. by any stretch, but our new US Treasury dollar - Is it at the banks? Yes. Is it in the redemption centers? Oh, yeah, it's been there - we've reported about that before.
So why don't we have this? where is it? Where is it? Sue always ask me, where is it? Well, we're trying to figure that out - Because everything appears from the redemption center point of view, to be complete. Everything appears to be ready.
They've got their Q phones in the barn, so to speak at the redemption centers. They've got the laptop certificates, up to $1,000 You'll be able to take this certificate and turn it into a Best Buy, or a Staples about total of eight different retailers. You'll be able to go on and either get a laptop, or an Apple laptop, or a the other kind of laptop. You'll be able to get that up to $1,000 - Anything over 1000 I guess you just pick it up and pay for yourself. But that would probably buy a pretty good laptop these days. $1000 I would think so. So those are there. They've got those in the redemption centers ready to go for us.
And the irony of this whole thing is Iraq has been exchanging their dinar in the country of Iraq for about over 10 days now, up to about 12 days.
And we know people that have done the exchanges there that are Iraqi that have taken the high three zero notes and exchanged them at a new rate and gotten the equivalent in Iraqi dinar, new Iraqi dinar, which are the lower denominations of the currency kind of like we have, you know, basically fives 10s 20s 50s Hundreds. Now they have some variation on that. But it's it's lower denominations.
So, you know, that's been happening now for 12 days in Iraq. And they kept this from us - knowing about it because even their budget has been opened. Gosh, it's been like four or five days ago, their budget was open. And if you looked into the budget, you could determine what the rate of the dinar was that they use to calculate the budget - in Iraq the 2023 budget
Now - That all happened -That was done - but they still don't want us to see it yet here - or know the rate on the Iraqi dinar until we get started for exchanges. I mean, it's just it's hidden from us – it’s kept from us
Now – it’s good to know that exchanges are happening there and everything's hunky dory and I think it's business as usual in Iraq - but what about us?
Are we waiting for anything else? That we don't know? We don't know of anything else. That tells us – when it’s this quiet, like people that we're supposed to have heard from did not communicate with us by text or call - Neither one - that tells me we're in this quiet before the storm. We're in the quiet before the release of everything - the intermediaries - farm claims remaining farm claims - Indian claims the remainder of those also ranch claims land claims – CMKX - fines and penalties.
Well, what else? Everything we can think of these are intermediaries, and we have not yet heard, but we thought that the prosperity packages would be released also.
We thought it would be released yesterday and or today at the latest and we haven't gotten anything on it. So that tells us we're extremely close.
We heard that President Trump might be in a certain Western location to release this.
And that may be the case we can't verify that yet. But it looks like everything is set to start
Now, maybe it's literally a day or two away - maybe it's notifications tomorrow - Startup exchanges Thursday. I don't know. I don't have that.
But we don't know. We know that there's always continuing arrests of the bad guys. We know that's continuing. It's not completed yet. But they've got enough of them. From what we understand that they've mean that they intended to pick up to where the DoD a long time ago gave the green light for us to go forward.
And the Treasury gave a green light for us to go forward. So unless something happened and those were rescinded, we should still be ready to go.
If you guys can tell I'm frustrated because I think from what I've been hearing - and it came in very strongly yesterday, Monday and even over the weekend. We do get information through the weekend. And then here we sit. So I'm gonna say this is the thing that we need to do. We need to move boldly with our faith to continue to be press in and pray this out, pray it forward and believe that this is actually coming to us in short order. Because I really think from days ago, we heard this could - This could occur at any minute.
Any minute now the release could happen as we expected it early morning this morning. But yet, if something was released, we don't know about it. We're not aware of it. So maybe it was a little pump fake. Maybe there was something else they had to get right. I know this is coming out and we believe it's coming out in short order. So that's really what I wanted to bring out to you guys tonight.
This thing you guys. They don't want us to know when this is happening. They don't want us to know the rates – I know the rates. They don't want us to know the where or when. But we know a lot of it already. We've talked a lot about this on the call - But you know, this thing is may sneak up and bite us - right on the back. It might just be right there. We can't tell right now. But I'll bet you $1 to a glazed doughnut that tonight after the call I'll get something or get something tomorrow. It'll show that we're moving along like we thought. All right. So that's what I'm going to say tonight.
I'm also going to thank everybody that was part of the call tonight of course -- for everybody out there in big call universe that has, you know, been with us for these 12 years. Many of you guys have been on these calls for 12 years now - and, which is, which is excellent
Let's see what happens. And then we'll see if see what happens. And based on that - We'll either have a call Thursday or we won't. We'll see what happens. All right, everybody, have a great night tonight. Keep the faith and stay with me as we pray this call out.
Bruce’s Big Call Dinar Intel Tuesday Night 4-18-23 REPLAY LINK Intel Begins 1:11:30
Bruce’s Big Call Dinar Intel Thursday Night 4-13-23 REPLAY LINK Intel Begins 1:00:30
Bruce’s Big Call Dinar Intel Tuesday Night 4-11-23 REPLAY LINK Intel Begins 1:06:06
Bruce’s Big Call Dinar Intel Thursday Night 4-6-23 REPLAY LINK Intel Begins 1:26:10
Bruce’s Big Call Dinar Intel Tuesday Night 4-4-23 REPLAY LINK Intel Begins 1:12:45
Bruce’s Big Call Dinar Intel Thursday Night 3-30-23 REPLAY LINK Intel Begins 1:06:26
Bruce’s Big Call Dinar Intel Tuesday Night 3-28-23 REPLAY LINK Intel Begins 1:17:47
Economic News From Alasdair Macleod and Lynette Zang 4-19-2023
Yellen Causing A Run On The Banks | Alasdair Macleod
Liberty and Finance: 4-18-2023
"We are actually staring the bankruptcy of the whole fiat currency system in the face," says former bank director Alasdair Macleod.
Depositors have been withdrawing their funds from regional banks and moving them to systemically important banks, that is, banks that are more likely to be backstopped by the government.
Spooked by the recent developments in the U.S. banking system, foreigners are reconsidering their dollar exposure.
"It's not going to take much to tip an avalanche of selling against the dollar," says Macleod.
Yellen Causing A Run On The Banks | Alasdair Macleod
Liberty and Finance: 4-18-2023
"We are actually staring the bankruptcy of the whole fiat currency system in the face," says former bank director Alasdair Macleod.
Depositors have been withdrawing their funds from regional banks and moving them to systemically important banks, that is, banks that are more likely to be backstopped by the government.
Spooked by the recent developments in the U.S. banking system, foreigners are reconsidering their dollar exposure.
"It's not going to take much to tip an avalanche of selling against the dollar," says Macleod.
INTERVIEW TIMELINE:
0:00 Intro
1:00 Dedollarization
9:30 Bank runs
14:32 Dollar dumping
28:48 MacLeod online
Bank Collapses Expose Weaknesses in Financial Sector: What You Need to Know
Lynette Zang: 4-18-2023
The International Monetary Fund, the IMF just came out with its Global Financial Stability Report. And while we're hearing talk from Janet Yellen of how great things are and how stable there is and how lending is in cut back, etcetera, this report shows something really different.
So I am talking about it in the sections in more depth, but there were some very, very interesting charts and graphs.
And you guys know I love my charts and graphs, and we're gonna talk about that today.
Chapters:
0:00 Global Financial Stability Report April 2023
1:12 Social Media’s Role in Markets
3:15 Impact of Rising Rates
9:01 US Insurers Illiquid Assets
15:50 Treasury Market Depth & Debt
20:15 Central Banks Buying Gold