Chats and Rumors, News Dinar Recaps 20 Chats and Rumors, News Dinar Recaps 20

"Tidbits From TNT" Wednesday Morning 7-19-2023

TNT:

CandyKisses:  Parliamentarian: Iraq needs to legislate the oil and gas law to complement the budget

MP Kazem Al-Touki stressed Iraq's need to legislate important laws, including the Oil and Gas Law, which complements the federal budget.

Al-Touki said in a press interview seen by "Taqaddam" that: "What matters to the work of the House of Representatives is legislation and oversight, and the country today needs to legislate important and strict laws related to the citizen."

"Today, laws have been enacted, including the Intelligence and National Security Law, and we have already issued important laws, including electronic extortion," he said.

TNT:

CandyKisses:  Parliamentarian: Iraq needs to legislate the oil and gas law to complement the budget

MP Kazem Al-Touki stressed Iraq's need to legislate important laws, including the Oil and Gas Law, which complements the federal budget.

Al-Touki said in a press interview seen by "Taqaddam" that: "What matters to the work of the House of Representatives is legislation and oversight, and the country today needs to legislate important and strict laws related to the citizen."

"Today, laws have been enacted, including the Intelligence and National Security Law, and we have already issued important laws, including electronic extortion," he said.

Touki pointed to "the demand of the presidency of the parliament that the second legislative term be different from the first in terms of important laws."

"We are waiting for the most important law complementary to the budget and the stability of the country's economy, which is the controversial oil and gas law," he said.

"All parliamentary committees continue to host officials with intensive visits to state institutions," al-Touki said.

CandyKisses:  9 accused of illegally trading dollars arrested in Baghdad

Information/Baghdad...

On Tuesday, intelligence detachments managed to arrest 9 people accused of illegally trading dollars in Baghdad.

The Ministry of Interior said in a statement received by Al-Maalouma that "the detachments of the intelligence agency in Baghdad received information related to the existence of fake and unlicensed shops and offices practicing the work of remittances and buying and selling foreign currency illegally, in addition to violating some shops (K-Card) and their exchange of foreign currency."

He added, "After obtaining judicial approvals, the intelligence agency's detachments in Karkh, accompanied by staff from the Central Bank, proceeded to check the aforementioned shops that are located in the Al-Harithiya area within commercial and residential buildings, where (9) people were arrested inside these fake offices and seized in their possession amounts estimated at ( 250,000) US dollars and more than (200,000,000) Iraqi dinars. The statements of the suspects were recorded and they will be referred to the competent authority. 

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Tishwash:  Parliamentary wealth: Iraq aborted the malicious American agendas with the oil and gas agreement

A member of the Parliamentary Oil, Gas and Natural Resources Committee, Alaa Al-Haidari, affirmed Iraq's success in breaking the US hegemony over the Iraqi energy sector by bartering oil with gas.

 Al-Haidari said in a televised interview, followed by Al-Maalouma, that "America is practicing a malicious policy against Iraq, but the Iraqi negotiator surrounded the American crisis and won the energy file over Washington."

 He added, "Iraq must continue to barter with Iran and not be subject to US sanctions."

He pointed out, "The government must proceed with the barter agreement with Iran and make it a success and develop it, because America will review its calculations that Iraq is in a new situation that differs from what it was in the time of Mustafa Al-Kazemi."

Al-Haidari pointed out that "America is now with its weakest strength, but it is trying to impose its will with malice, and that barter mechanisms with Iran must be developed, and the Banias pipeline should be developed and invested in the best way."  link

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CandyKisses:  Citizens in Mosul call on the central bank and the government to solve the exchange rate problem

Mosul (NINA) - Citizens from Mosul called on the central bank and the government to take urgent measures to address the problem of the continuous rise in the exchange rates of the dollar, which has reached in the markets about 150,<> dinars per hundred dollars.

One of the most prominent merchants in the city of Mosul, Hassan Klawi, said in a statement to the Iraqi National News Agency (Nina) that "the continued rise in this way affects the economic situation and markets in Mosul and all of Iraq."

He added that "the markets of Mosul are witnessing a very large recession due to the high prices of food products, which was a major reason for the rise in the price of the dollar, which negatively affected the Mosul street, calling on the Central Bank to intervene quickly to solve the crisis of the rise in the price of the dollar, which negatively affected citizens due to the deterioration of the economic conditions in Iraq in general, especially Nineveh."

Citizen Uday Al-Badrani stressed that "this increase has led to a deterioration in the purchasing power of citizens and an increase in the cost of living.

Prices have been significantly affected, he said, as prices of basic commodities, foodstuffs and basic necessities have risen. Various economic sectors, such as industry, agriculture and trade, have also been affected by the high import costs and the decline in investments, which led to the deterioration of the economic situation and increased unemployment and poverty rates," he said, calling on the Central Bank to intervene quickly in order to end the violations of these high prices in light of this difficult economic situation.

Mot: . Just love the internet! - Just Finded the Perfect ""Stress Diet""

Mot: Bananas instead of Pringles?

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Economic Thoughts from Lynette Zang, David Rosenberg and David Lin 7-19-2023

How Global Central Banks are Handling De-Dollarization Fears

Lynette Zang:  7-18-2023

There was just a major pattern shift in Global Central Banks deciding to move their Gold holdings home as a flight to safety.

And then, in almost perfect harmony, the US Dollar Index falls below a key technical support level, making it even more clear what’s about to unfold.

I remember when the Dollar Index fell in 2007 (also in July) and I called to warn my mother to pull her stocks out. This was the first time I said “something nasty this way comes”.

She pulled half her money out, then called me in February of 2008 asking me to look at her statement saying “There’s got to be something wrong here”. I said no Mom, I warned you, this is an erosion of your portfolio... 96% of Central Banks say their “Safe Heaven Asset” is Gold.

How Global Central Banks are Handling De-Dollarization Fears

Lynette Zang:  7-18-2023

There was just a major pattern shift in Global Central Banks deciding to move their Gold holdings home as a flight to safety.

And then, in almost perfect harmony, the US Dollar Index falls below a key technical support level, making it even more clear what’s about to unfold.

I remember when the Dollar Index fell in 2007 (also in July) and I called to warn my mother to pull her stocks out. This was the first time I said “something nasty this way comes”.

She pulled half her money out, then called me in February of 2008 asking me to look at her statement saying “There’s got to be something wrong here”. I said no Mom, I warned you, this is an erosion of your portfolio... 96% of Central Banks say their “Safe Heaven Asset” is Gold.

They are getting ready for this, are you? They now only want physical gold in their possession, do you?

Let’s uncover what’s happening with the US Dollar and break down the exact same strategies the banks are using to protect themselves as we speak…coming up!

CHAPTERS:

0:00 De-Dollarization

3:07 Primary Currency Metal

6:15 Spot Gold Market

10:16 USD Index

13:19 US Dollar to Peso

 15:07 Purchasing Power of Consumer Dollar

18:58 Gold Holdings

https://www.youtube.com/watch?v=5zdBSHD7SvQ

Stock Market Bubble To ‘Pop In Your Face’ As Recession Draws Nearer

David Lin:  7-19-2023

David Rosenberg, Founder and President of Rosenberg Research, joins David Hay, co-CIO of Evergreen Gavekal, in a discussion on recession indicators, soft landing expectations, and investment implications.

0:00 - Intro

2:00 - GDI and Recession

7:00 - Market reaction

10:00 - Soft landing

16:40 - Can stocks reach new highs?

21:20 - Labor market

24:00 - Stock market bubble

30:00 - Inflation and consumer spending

34:28 - Inflation outlook

37:00 - Peak effect

40:30 - Disinflation

47:00 - Investment implications

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

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Why the Dollar is Suddenly Collapsing

Why the Dollar is Suddenly Collapsing

Heresy Financial:  7-17-2023

The dollar is tumbling, leaving many investors scratching their heads and wondering why the dollar peaked in September of 2022 and since then has been on a steady decline.

But over the past couple of weeks, it has just fallen off a cliff and is now trading at a level it has not traded at since April of 2022.

 Keep in mind that April 2022 was when the Federal Reserve's balance sheet also peaked. And April 2022 also marked the peak in the money supply.

Why the Dollar is Suddenly Collapsing

Heresy Financial:  7-17-2023

The dollar is tumbling, leaving many investors scratching their heads and wondering why the dollar peaked in September of 2022 and since then has been on a steady decline.

But over the past couple of weeks, it has just fallen off a cliff and is now trading at a level it has not traded at since April of 2022.

 Keep in mind that April 2022 was when the Federal Reserve's balance sheet also peaked. And April 2022 also marked the peak in the money supply.

Timecodes

0:00 Introduction

1:50 Markets are Forward Looking

5:09 How Interest Rates Affect the Dollar

9:35 Market is Anticipating Lower Rates

https://www.youtube.com/watch?v=jwvp6W_dokc

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

More News, Rumors and Opinions Tuesday PM 7-18-2023

TNT:

CandyKisses:  Major countries take decisive steps to abandon the dollar

Information/ follow-up.

India has taken a number of important steps over the past few days in trying to shake off the dollar's dominance and strengthen its local currency's global standing. It signed an agreement with the UAE that allows it to settle business transactions in rupees instead of US dollars.

Meanwhile, India and Indonesia intend to settle bilateral transactions in local currencies and connect their rapid payment systems, according to an Indian government official.India and the Emirates.

Industry and government sources said India and the UAE may announce the initiation of a rupee-for-dirham payment mechanism for bilateral trade settlement during Prime Minister Narendra Modi's visit to Abu Dhabi, which begins on Saturday.

TNT:

CandyKisses:  Major countries take decisive steps to abandon the dollar

Information/ follow-up.

India has taken a number of important steps over the past few days in trying to shake off the dollar's dominance and strengthen its local currency's global standing. It signed an agreement with the UAE that allows it to settle business transactions in rupees instead of US dollars.

Meanwhile, India and Indonesia intend to settle bilateral transactions in local currencies and connect their rapid payment systems, according to an Indian government official.India and the Emirates.

Industry and government sources said India and the UAE may announce the initiation of a rupee-for-dirham payment mechanism for bilateral trade settlement during Prime Minister Narendra Modi's visit to Abu Dhabi, which begins on Saturday.

The move reinforces India's efforts to reduce transaction costs by reducing remittances in dollars.

The two countries also agreed - during Indian Prime Minister Narendra Modi's visit to the UAE - to set up an instant payment mechanism to facilitate cross-border money transfers. 

CandyKisses:  Iraq lives two weeks at 'half-boil'

{Local: Al-Furat News} Experts expected that Iraq will witness, next week, a significant rise in temperatures.

The "Green Iraq" observatory, which specializes in the environment, said on Tuesday that the next week and the following will witness a significant rise in temperatures.

The temperature is expected to exceed half boiling down to 52°C.

The Observatory pointed out that on July 22, 2026, Basra province recorded the highest temperature in recent years in Iraq and Asia, reaching 53.6 degrees Celsius.

Basra province recorded the highest temperature in the world on Monday, along with seven other Iraqi regions as the hottest in 24 hours.

The Placerville station in California published a schedule of 15 global regions and cities that recorded the highest temperatures in the world in the last 24 hours.

The table showed that the Hussein neighborhood in Basra achieved the highest temperature of 50 degrees Celsius, followed by the Amadiyah area in Iran with 49.6 degrees Celsius, and then the Iranian city of Abadan came with a temperature of 49.3 degrees Celsius.

According to the table, the city of Amara in Maysan province came sixth, with a temperature of 48.6 degrees Celsius, and the city of Nasiriyah in Dhi Qar came seventh with a temperature of 48.6 degrees Celsius.

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Tishwash:  Starting from tomorrow.. A deputy confirms the implementation of the budget items in all state institutions

Member of Parliament, Muhammad Radi, revealed today, Tuesday, the date for implementing the general budget law in ministries and government institutions, while confirming that the Ministry of Finance will send the budget to all ministries tomorrow or the day after. 

Radi said in an interview with the information agency, "The launch of the salaries of the new job grades will take place after the completion of sending information and orders in all institutions and state ministries," noting that "there are thousands of new recruits awaiting the release of their salaries with the budget." 

And he continued, "The implementation of the budget will be decided this week after it was also circulated to all governorates," pointing out that "there are many job grades that have been allocated and are awaiting full implementation to open the doors for submission to them."

And on the date of implementation of the general budget, between Radi: "The Ministry of Finance will send the budget to all ministries and institutions tomorrow or the day after tomorrow." 

Many segments of society are waiting for the implementation of the budget on the ground, especially after the appeals submitted by the government to the Federal Court were answered, in addition to the cessation of many service projects due to the lack of financial funding for them, amid warnings of continued delay in its implementation seven months after its approval in the House of Representatives. Ende  link

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Courtesy of Dinar Guru

Petra  ...We do know that somebody dealing with the deployment of the new rate dropped the ball…hence the UST personnel being sent to Iraq to GET IT DONE!  ...the game of chicken was lost when the “execution” of the rate and notes was not accomplished in the time frame Sadani wanted...

Frank26   I know they were supposed to open the budget...with instruction and they did not.  Once again I say who cares.  We know the cha-cha-cha of this dance.  The Middle East does not have a watch.  They use a sundial and it just take a little longer to develop...

ALERT! There Will be No "Gold Backed" BRIC's Currency Without a TOTAL DERIVATIVE MELTDOWN!

(Bix Weir)  7-18-2023

The talk of a BRIC's Gold Backed Currency is just that...TALK!

 I'm not saying they aren't going to try to do something but whatever they do try will fail faster than you can say..."Click the Mouse!"

To introduce sound money into a world where there is NO TRUE PRICE DISCOVERY is a total and complete waste of time.

Gold prices are RIGGED in EVERY CURRENCY so how can ANYTHING be valued in gold?!

Having said that...it may be the ONLY ALTERNATIVE after the CRASH of the $2.5 Quadrillion derivative market!

https://www.youtube.com/watch?v=scEsyG2KAo8

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Zig’s Place Chat and News Monday Late Night 7-17-23

Zig’s Place Chat and News Monday Late Night 7-17-23

Sah   @NORV Good evening. Everything looks to be coming along nicely.

NORV   what does that mean>

Sah   The economy and the laws to be voted on in Parliament. The investment in changing salt water from ocean to be used for pumping oil instead of the water that is a shortage. Building more recovery systems for gas for electricity and becoming completely digital in there banking and bring Kurds on line. this should help for the foundation to build the economy on for Iraq..

Zig’s Place Chat and News Monday Late Night 7-17-23

Sah   @NORV Good evening. Everything looks to be coming along nicely.

NORV   what does that mean>

Sah   The economy and the laws to be voted on in Parliament. The investment in changing salt water from ocean to be used for pumping oil instead of the water that is a shortage. Building more recovery systems for gas for electricity and becoming completely digital in there banking and bring Kurds on line. this should help for the foundation to build the economy on for Iraq..

NORV   well, i will believe it when I see it. Iraq is the master of all talk. There are over 100 stalled laws. They have not passed one of them in 5 years.

NORV   The idea is good, the plan is good, but it is time for them to stop talking and start doing.

NORV   They have three years. We will see if they make a significant difference

Sah   There are 7 that have been read and were voted on for the first round. Will see how the second reading goes.

NORV   none of that means anything. Iraq likes to read them twice and then do nothing

NORV  I have watched them for 16 years. rather sickening

NORV   dont misunderstand me, yes, they have started to put some pieces in place. But now they need to follow through.

Sah   Sudani says he wants them all passed. He gave 6 months for Oil and gas and mineral law. The Kurds wasted three months and he said we are getting it done in this session. Kurds are pumping their oil through Baghdad and they collected all money minus expensive and gave them almost a billion dinar for public salaries. Things are changing.

NORV   If I have a dollar for everytime they said things or people told me things were changing, I wouldnt need dinar. lol

Sah   Sudani does not barter with any political party there on constitutional laws and is making every one follow. I have never seen it progress like this as fast. The other past years it as drug on for too long with nothing done.

NORV   parliament is corrupt. and anytime they bring in new, they become corrupt. So It will take a miracle to pass the laws.

NORV   Do you know who put Sudani in office?

NORV   He is just a Maliki pawn

Sah   I agree. So glad to see that they dissolved the Kurdistan Parliament. Too long with out a new election. I hope it takes some of the corruption out.

NORV   And I know a guy who met Maliki. told me many stories

Sah   Sudani is not playing to Maliki. Maliki does not like it. He told him he has to stay impartial and has not been giving into him. Sudani is a different kind of player than Maliki wanted.

NORV   We will see.

NORV   I will have this conversation with you in 3 years and see if your right.

NORV   my guess is we will still be sitting here waiting

Sah   Sudani says that at least 27 billion dollars from oil sales in the past from Kurdistan is not accounted for and was never shared with the Kurdistan people. I think he has Barzani over a barrel or he will have him investigated for corruption and stealing from the Iraq people.

Sah   I hope it helps put the Oil and Gas and Mineral law thru. No barter Sudani said. Everything to the constitutional law.

NORV   If true, hope he does. But Iraq is a master of diversion rather than doing what they should.

NORV   All I care about is them passing laws and creating a investment environment.

NORV   Which never happens

NORV   They keep talking about it, but nothing happens. And nobody is coming until they do.

Sah   Japan has helped finance two new gas capture plants to be built. In one year Iraq said they will not need to import gas from Iran for their oil. The environment looks like it is changing. When those plants are done there will be more electricity for Iraq. They are building new plants to generate electricity from gas. I have never seen it coming alive like this.

NORV   nobody is coming until the laws are passed

NORV   heard it all many times

Sah   Can you imagine them having enough electricity to run everything.

Sah   That has got to change the economy.

NORV   but I have first hand experience watching a country build an economy. I assure you, nobody is coming to Iraq until the laws are in place.

NORV   very similar experience happened some 20 years ago with Russia.

Sah   Bringing in salt water plants to make the water usable for pumping oil and saving their regular water for the people. They are build to plants right now to change salt water into drinking water.

NORV   companies fell for it and invested and then Russia changed the rules and pulled the rug out and took over everything.

NORV   So until the laws are in place, nothing with happen with Iraq.

NORV   Its all talk at this point.

Sah   I hope that does not happen. Japan just signed an investment contract with them and Denmark is going to build it.

NORV   These deals come and go. I can name 100s of deals over the last 15 years in iraq. all fell apart when Iraq did nothing.

NORV   it is who Iraq is.

Sah  They said it would be done same time next year so I guess we will see if it gets done.

NORV   My advice is be optimistic, but wait to see REAL results.

Sah   Kurds are trying to say Kirkuk is not doing well and needs to be under their jurisdiction. Sudani said they are doing better after they left with their new government. The just want Kirkuk for more voting right in Parliament now that they can not have the oil underneath.

Sah   Now Kurds have no Parliament until a new election. Every body corrupt in first batch. I hope the people vote better people in.

Sah   I have hope for this country to change and make it.

NORV   Iraq thinks it should just happen. That if they create the hype investment will start. But that is not how the world works. Building a new bank building is nice, but there dinar will remain weak until they stabilize the exchange rate, reduce they money supply, pass laws, create an investment environment, follow directives, etc.

NORV   All of which they procrastinate.

NORV  I had hope to. 16 years ago. But little has been accomplished in that time.

Sah  Every body it seems wants something for nothing over there and others do not want the poor people to succeed or have more money. A very difficult environment.

NORV   If they keep doing the same crap it will be another 10 years

Sah   I hope not.

NORV   all tribal

NORV   There are tribes in Iraq that do not want change

Sah   That is definitely the major problem.

NORV   some use counterfeit dinar and keep that dinar circulating within the tribe so they never have to go to a bank

Sah   That is sad.

NORV   what I could tell you. lol

NORV   The story of the real iraq is the reason very little gets done

Sah   They changed the bills so that their would be less forgeries.

NORV   that doesnt matter if the tribes spend dinar within

Sah   I heard a lot of US currency is forgeries over there.

Sah   The government has been arresting people the last few years on both currencies for forgeries. It is nice that they are stepping it up.

NORV   think about take a state in the US and having their own US dollars forged but spent only with and nobody leaves that state. That is kinda like Iraq.

NORV   all that did was stop those who tried to put them in the banking system. The tribes dont care and dinar they use is not in the banking system.

NORV   That is why digital is the plan

NORV   but it will take time

NORV   70 trillion or more in matresses

Sah   Banks going all digital will help lower the corruption. Iraq banks are done and now they are working on Kurdistan. Kurds said it will be three years and CBI said last month it is being done now. Kurds said at least three years for government bills and salaries and CBI said it would all come together at same time. Barzani was not happy.

NORV   that is not even the fake dinar

NORV   your dreaming

NORV   It will take at least another year to go digital in iraq

NORV   and at least 2 years to withdrawl paper dinar

Sah   CBI has just got done training people in banks In Kurdistan. It is happening now. England and France are helping.

NORV   ok, time for me to go. keep the faith!

Sah   From 2 million to 16 million are now banking and accounts are digital and atm's are in the thousands now in Iraq.

Sah   NORV I am keeping the faith that they do the right thing or step aside and let someone else do the right think.

Sah   @NORV Have a nice evening and just stay positive.

 

Zig   Interesting discussion last evening between Sah and NORV Scroll up!....In case you don't know NORV is the well-known @Kaperoni Recently (June 24th) he and @Enorrste held a conference call regarding recent news about Iraq and the Dinar, etc....IMO it was very good....Recording links can be found at https://dinaralert.webs.com/conferencecalls.htm 

 Zig   If you access this chat via https://my.cbox.ws/ZIGPLACE   You can make the box much bigger by clicking this link  ZIGPLACE - Cbox

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

"Coffee with Markz" Tuesday Morning Chat 7-18-2023

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

MarkZ  Tuesday 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: Morning Patriots. Hope everyone has a great day today!

Member: So what we gonna do if this keeps dragging ?????

Member: Invest is lots of alcohol.

Member: keep each other company until God pulls the trigger

Member: RV Family….. We can do this! We can manifest this! We are almost there

Member: Let’s Hope Mark has some good news today.

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

MarkZ  Tuesday 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: Morning Patriots. Hope everyone has a great day today!

Member: So what we gonna do if this keeps dragging ?????

Member: Invest is lots of alcohol.

Member: keep each other company until God pulls the trigger

Member: RV Family….. We can do this! We can manifest this! We are almost there

Member: Let’s Hope Mark has some good news today.

Member: is today the day?

MZ: Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet.

Member: Tomorrow is New Year's day in the Islamic calendar. Begins at sundown today, 7/18/23.

Member: From Wolverine:  OK guys I am still hearing very positive news. Charlie Ward says he thinks something will happen this week (with a big smile)  We should only get excited when Charlie gives us the green light. Let’s pray that it happens this week. I have received 1000% confirmation but they have not given me permission to say anything.

Member: I wonder has the RV started now or not yet ???

Member: Nader and Bobby King news sounds like rate is tomorrow???

Member: Nader video; Militia Man video; Today is the 18th - so many great things going on. Let's go RV!

Member: Watch the latest Militia Man at the 14 min mark. He talks payment system in Iraqi. He mentions XRP. Ripple did meet with officials of Iraqi yearly July.

MZ: Yes this was an epic video from MilitiaMan late last night…... I couldn’t agree with him more at his level of excitement and we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us.

MZ: As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening.

MZ: I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out.

MZ: On the rumor side….talking to a number of Iraqi sources that feel like tomorrow is their day….I don’t know if it is but, it could be.

MZ: We are at a turning point …I know it doesn’t feel like it while we are down here in the fox hole and to me I believe the tide has turned.  

Member: What will the rate be for the Bolivar?

MZ: No news on the Venezuelan Bolivar.

Member: For those asking for rates, we have not RV’d so there is no true rates and only speculation at this point.

Member: What are your redemption contacts saying about timing?

MZ: They are not. As of yesterday morning I have been unable to reach them. 2 contacts in 2 states have me hitting a brick wall. Personally I think its great news that I cannot reach them.

MZ: “IMF is considering  the inclusion of Chinese Yuan as currency for settlements”  They are finally figuring out what you and I knew that there is something fundamentally wrong with the system…..and it’s changing.

MZ: “Dollars busted bull run has bears calling End of an Era”  This may be the week that broke the dollar.

Member:  Do we need to wait for the protocol 20 to be implemented before we are RV? Goldilocks talks about it

MZ: No we are not waiting on protocol 20- is what I have been told.I still need to do a deep dive on protocal 20.

Member: What the crap is protocol 20?? ANYBODY??

Member: I tried googling it and can find absolutely nothing on protocol 20……what the heck is it????

Member: I found this video…. What is Protocol 19-20?  - It would be the merging of quantum systems - The confidentiality agreement would expire on September 11 - It would be possible to be brought forward, thanks to declassification - Declassification would come after a black swan event - Protocol-19 refers to the regulation of the ISO 20022 standard - Protocol-20 would be a transformation to quantum technologies  Not sure if it’s the same thing Mark is talking about?

Member: Are we ready for the magnetic storm that’s been “launched” from the sun? Supposed to hit earth today

Member:  I'm excited!!! the best life for us is about here!

Member: Thank you and a special shout out to the wonderful mods and Mark Z !

Member:  Mark, huge thanks as always for all the latest news & updates.

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

SATURDAY GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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

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, divisive social commentary, 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=Dx383kceTnY

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Tuesday AM 7-18-2023

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 Tues. 18 July 2023

Compiled Tues. 18 July 2023 12:01 am EST by Judy Byington,

The Quantum Financial System’s Global Currency Revaluation

Mon. 17 July MarkZ: “My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today (Mon. 17 July). And we will see those articles all over the papers tomorrow morning (Tues. 18 July). … “Breaking: New Gold Backed Currency launching Aug 22” from the Birch Gold Group is a great article. 41 countries are on the waiting list to join. They are giving us dates. To me this is solid proof a reset is coming.” … “As we understand it there is a crew of 6-7 individuals that decide the timing. Some of those are in the Chinese banking families that are putting up the gold (not associated with the Chinese Communist Party).”

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 Tues. 18 July 2023

Compiled Tues. 18 July 2023 12:01 am EST by Judy Byington,

The Quantum Financial System’s Global Currency Revaluation

Mon. 17 July MarkZ: “My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today (Mon. 17 July). And we will see those articles all over the papers tomorrow morning (Tues. 18 July). … “Breaking: New Gold Backed Currency launching Aug 22” from the Birch Gold Group is a great article. 41 countries are on the waiting list to join. They are giving us dates. To me this is solid proof a reset is coming.” … “As we understand it there is a crew of 6-7 individuals that decide the timing. Some of those are in the Chinese banking families that are putting up the gold (not associated with the Chinese Communist Party).”

Sun. 16 July Iraqi Budget (with the new Iraqi Dinar Rate in it) Launch: A member of the Iraqi Parliamentary Finance Committee, Mueen Al-Kazemi, confirmed the launch of the governorates’ allocations on Sun. 16 July.

Iraq promised their citizens they would announce the new Dinar Rate late Mon. night to early morning Tues. 18 July in the US.

Thurs. 13 July 2023 Bruce: Tier 4b (us, the Internet Group) could get the toll free number to set exchange/ redemption appointments anywhere from now to Tues. 18 July. Bond Holders started to be paid on Tues. 11 July and would be completely paid out by Tues. 18 July. All financial changes would be completed by Sun. 23 July. The last week of July US citizens would receive restoration allowances and SS payments would increase.

JP Morgan Chase will Take Over USD as Dollar Suddenly Collapses: https://dinarchronicles.com/2023/07/17/global-economy-insights-videos-jp-morgan-chase-will-take-over-usd-macro-outlook-us-dollar-suddenly-collapsing/

How BRICS Gold Currency Will Force US, Europe to RV/GCR: https://dinarchronicles.com/2023/07/17/awake-in-3d-checkmate-part-1-how-the-brics-gold-currency-will-force-usa-europe-to-an-rv-gcr/

Banking Crisis: $200,000,000,000 has exited JP Morgan Chase in one year as customers withdraw cash amid US banking concerns. Feds borrowing over $5 Billion per day as programs face insolvency.

Janet Yellen says we will take on China even if it harms the US Economy: https://justpatriots.com/janet-yellen-says-we-will-take-on-china-even-if-it-harms-u-s-economy/  

Currency Converter: 1,000,000 IQD to USD – Iraqi Dinars to US Dollars Exchange Rate (xe.com)

Possible Timeline:

On Sun. 16 July the Iraqi Parliament implemented their budget with the new Iraqi Dinar Rate in it.

By Tues. 18 July the Global Currency Reset was expected to take place.

By Sun. 23 July all Global Currency financial changes would be complete.

The last week of July US citizens would receive restoration allowances that paid them back illegal interest paid to the Cabal and SS payments would increase.

Read full post here:  https://dinarchronicles.com/2023/07/18/restored-republic-via-a-gcr-update-as-of-july-18-2023/

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

Courtesy of Dinar Guru

Petra   What is stopping them from moving forward...yes, the rate…AND...Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI...With the article indicating the Parliamentary Finance Committee recommending that the Budget to be released on the 18th is a “message” to Alaq to move on the rate!

Enorrste  They're going to switch from a 'Keep my money in the mattress' economy to forcing these people to take their money out of the mattresses and to put it into banks and the banks will then send the money to the central bank and the central bank will burn it...If they want to do any international trading at all they're going to have to use electronic methods such as Visa/MasterCard...The process is beginning.  This is really key to moving toward getting to the float, which is what we're looking for.

Economic Pain Is Breaking The West - NATO Summit Disaster

Sean Foo:  7-18-2023

As the NATO summit concludes, we are starting to see cracks in western unity against Russia. Why is this happening? It's because economic pain is ramping up across the United States, and the rest of the G7 nations. Here's what you must know and how this conflict could likely end.

Timestamps & Chapters:

0:00 The Economy Decides Everything

1:50 Western Unity Starting To Break

4:23 War Spending Crisis

 7:10 Europe Is Breaking

9:51 Russian Reserves At Risk

12:05 The End Game

https://www.youtube.com/watch?v=Mycp_cyGjI0

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Chats and Rumors, News Dinar Recaps 20 Chats and Rumors, News Dinar Recaps 20

"Tidbits From TNT" Tuesday Morning 7-18-2023

TNT:

Tishwash:  so I guess Iraq is not in BRICS yet

Report: An expected decision from Baghdad will "end" the dollar globally

Today, Monday (July 17, 2023), the Watcher Guru magazine, concerned with economic affairs, revealed "accelerated steps" by the BRICS economic alliance led by China and Russia to end the "dollar domination" of the international economy, stressing that the world is now awaiting a "decision from Baghdad." 

The magazine stated, according to its report, which was translated by (Baghdad Today), that "the BRICS alliance is now trying to persuade the largest oil countries, the most important of which are" Kuwait, Iran, the UAE and Saudi Arabia "to enter the BRICS alliance instead of the SWIFT system currently used and which is dominated by the US dollar, stressing that" in If Baghdad agrees to use the BRICS system, the rest of the oil-producing countries will follow in its footsteps," according to its description. 

TNT:

Tishwash:  so I guess Iraq is not in BRICS yet

Report: An expected decision from Baghdad will "end" the dollar globally

Today, Monday (July 17, 2023), the Watcher Guru magazine, concerned with economic affairs, revealed "accelerated steps" by the BRICS economic alliance led by China and Russia to end the "dollar domination" of the international economy, stressing that the world is now awaiting a "decision from Baghdad." 

The magazine stated, according to its report, which was translated by (Baghdad Today), that "the BRICS alliance is now trying to persuade the largest oil countries, the most important of which are" Kuwait, Iran, the UAE and Saudi Arabia "to enter the BRICS alliance instead of the SWIFT system currently used and which is dominated by the US dollar, stressing that" in If Baghdad agrees to use the BRICS system, the rest of the oil-producing countries will follow in its footsteps," according to its description. 

And she added that "during the next BRICS summit, which will be held in August in South Africa, it is expected that the Baghdad government will sign an agreement under which the BRICS system will be used, which will prompt the rest of the oil-producing countries in the region to follow in the footsteps of Iraq." 

The consequences of Baghdad's expected decision, described by the magazine as "will push the US dollar to the brink of the abyss," stressing that "if the BRICS system is used, the US dollar will suffer the biggest blow in its history," according to its description, stressing that "the Iraqi government had previously expressed its desire to enter the BRICS system.

" BRICS as an alternative to the US dollar, according to statements by Iraqi officials who confirmed their intention to rid the Iraqi economy of US control.  link

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

Tishwash:  An Iraqi analyst told "Fares": The presence of the representative of the US Treasury in the Commercial Bank of Iraq is a violation of Iraq's sovereignty

Iraqi analyst Haitham Al-Khuzaie referred to the interventions of the US ambassador in Iraq's internal and external affairs, stressing that the presence of the US Treasury representative in the Commercial Bank of Iraq is a violation of Iraq's sovereignty and is rejected by every honorable Iraqi citizen.

The prominent Iraqi analyst said in an interview with Fars News Agency in this regard: How can a country build its internal and international political experience while the representative of the United Nations and the American ambassador are still interfering in its internal and external affairs, stressing that the interventions of the American ambassador and the representative of the United Nations must be limited by official means and binding them to the contexts of diplomatic action.

With regard to the statements of Iraqi officials about Iraqi sovereignty, while the representative of the US Treasury Department visits the Commercial Bank of Iraq to monitor the movement of Iraqi funds? Haitham Al-Khuzaie replied: The presence of the representative of the US Treasury in the Commercial Bank of Iraq is a violation of the sovereignty of Iraq and is rejected by every honorable Iraqi citizen. The first step is to be transparent with the people, then move officially with popular support and expel American employees from Iraqi institutions.

Regarding the unwillingness of some Iraqi politicians not to clash with the United States and believe that it has tools to put pressure on the country, the question that arises is, did China, Russia, India, Brazil, Indonesia and Vietnam build their renaissance despite America's nose? The Iraqi political analyst said: The American forces did not leave Iraq in 2011 except by force, and it is possible for people to demonstrate to expel them and for the government to officially ask them to do so, then the force option remains on the table.

It is noteworthy that the head of the "Al-Fateh" coalition in Iraq, Hadi al-Amiri, recently accused the United States of America of controlling Iraq's money, and said: It is necessary to work to achieve economic sovereignty in Iraq after the security and political stability that Iraq is currently witnessing, and added: It is shameful that the money of Iraq is controlled by an employee in the American treasury. link

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

Tishwash:  Iraq disrupts official working hours tomorrow, Wednesday

The General Secretariat of the Council of Ministers confirmed that tomorrow, Wednesday, will be an official holiday in all state departments and institutions, on the occasion of the Islamic New Year.

The General Secretariat said in a statement, "Tomorrow, Wednesday, corresponding to the nineteenth of July, 2023, is considered an official holiday, on the occasion of the new Hijri year."

Yesterday, the Kurdistan Regional Government announced the suspension of working hours tomorrow, Wednesday, for the same occasion.  link

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

Tishwash:  Specialists: The local economy needs advanced technology

 Advisor to the Prime Minister for Investment Affairs, Muhammad Al-Najjar, confirmed: The government is serious about supporting the productive and service sectors, in a way that leads to reviving the qualitative national product and returning it to the local markets, while specialists believe that the local economy needs advanced technology.

 Al-Najjar said in an interview with "Al-Sabah", followed by "Al-Iqtisad News": "The country is able to advance the reality of production and services through the adoption of advanced technology," pointing out that "Iraq can rotate the wheel of industrial and agricultural production through which the country's wealth can be maximized, and create A capital circulation within the country that would work to expand the circle of work, by employing financial revenues in new projects that achieve great benefit to the national economy link

Mot Only in Texas - as they Say!!!!

Mot: Be careful out there- Its a hot one today.

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

Monday Eening Chat with MarkZ 7-17-2023

Monday Evening News with MarkZ

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: Hope everyone had a good day today

Member: Like the kids in the back seat said....."Are we there yet...." The answer is closer that we might think

Member: Mark I do have a question. Who has the authority to flip the switch and start the RV.

MZ: As we understand it there is a crew of 6-7 individuals that decide the timing. Some of those are in the Chinese banking families that are putting up the gold (not associated with the CCP)

Member:  The rumor is the whales are getting paid this week…..fingers crossed.

Monday Evening News with MarkZ

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: Hope everyone had a good day today

Member: Like the kids in the back seat said....."Are we there yet...." The answer is closer that we might think

Member: Mark I do have a question. Who has the authority to flip the switch and start the RV.

MZ: As we understand it there is a crew of 6-7 individuals that decide the timing. Some of those are in the Chinese banking families that are putting up the gold (not associated with the CCP)

Member:  The rumor is the whales are getting paid this week…..fingers crossed.

MZ: So now for the rumors running around. My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today. And we will see those articles  all over the papers tomorrow morning.

MZ: He says this was an enormous, key piece that needed to be done before they could change the value.

MZ: The banking side is very quiet. Some group folks are supposed to get some updates this evening. I do not know if they will be able to share or not. Depends on sensitivity and do not want to compromise their position. I do not blame them.

Member: once we sign NDA’s I will be as quiet as a mouse too.

MZ: Overall still positive stuff. Nothing negative. I don’t have a great idea on timing but they still are looking between the 15th and the 18th…If this is accurate tomorrow should be a wham bam day. I really hope they are.

Member: Tomorrow is the 18th…so something needs to happen tonight.

Member: Any news on CMKM????

MZ: Nothing new but I do have a call with my best CMKX contact on Wed. Should know more then.

Member: since there is so much activity going on in Iraq, do you still think all the currencies will go in one basket, or will Iraq go solo?

Member: I remember hearing that all the countries will Revalue to their currencies real value …and then the reset will happen when all world currencies will be at parity of 1 to 1…so shortly after the RV- we will have a reset…hope thats right.

MZ: This is a great article “ Breaking: New Gold Backed Currency launching Aug 22”  From the Birch Gold Group.  41 countries are on the waiting list to join. They are giving us dates…to me this is solid proof a reset is coming. Sound money…commodity backed money is coming.  

MZ: Try not to lose hope or faith this close to the finish line.

Member: If BRICS goes gold-backed the dollar will drop/fail...so what will that do to our RV if we do not go gold backed at same time?

Member: The Us needs to change to gold backed or whither and die…..no trading partners want to trade with toilet paper fiat notes….imo

Member: So looks like Aug 22nd is our new date to watch……

MZ: “$200,000,000,000 exits JP Morgan chase in one year as customers withdraw cash amid US  banking concerns.”  The banks are hurting…especially the regional and smaller ones.

MZ: ”Feds borrowing over $5 Billion per day as programs face insolvency”  We cannot afford this.

Member: Nader said “2 days”

MZ: Hopefully about a change in value?

Member: Mark, please tell us what you know about protocol 20? We are hearing that we cannot RV until that happens and then that’s August 21.

Member: Mark- many of us really like when you do a RV news segment with the hat… It;s a big time saver on the replay……and so helpful …..some of us work a couple jobs and have no time to watch the entire call twice a day…... …Thanks for all you do.

Member: Please heal the broken people in this community Make well the sick, restore happiness to those in despair. Bring love to the lonely, food for the hungry, and peace to our World. In Jesus name. Amen.

Member: I hope everyone has a beautiful night with restful sleep and with dreams of a better world!

Member:  THANK YOU MARK, MODS AND EVERYONE

Mod:  THERE ARE SOME FAKE ACCOUNTS ON TELEGRAM & YOUTUBE TRYING TO SCAM PEOPLE. YOU ARE HERE BECAUSE YOU HAVE COMMON SENSE, SO DON’T TAKE THE BAIT BY IMPERSONATORS

Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.

SATURDAYS  GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

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!

https://www.youtube.com/watch?v=BjtRO8drcGM

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Why a Texas Gold-Backed Currency Is a Stand Against the Fed

Why a Texas Gold-Backed Currency Is a Stand Against the Fed

Stansberry Research:  7-17-2023

Inflation recently fell to its lowest annual rate in more than two years, but many investors remain wary about what to do with their money moving forward.

On today's show, Daniela sits down with Nomi Prins, geopolitical finance expert and bestselling author. Nomi stresses investors must avoid letting fear guide their investment decisions in order to uncover buying opportunities as this rampant market uncertainty drags on.

Why a Texas Gold-Backed Currency Is a Stand Against the Fed

Stansberry Research:  7-17-2023

Inflation recently fell to its lowest annual rate in more than two years, but many investors remain wary about what to do with their money moving forward.

On today's show, Daniela sits down with Nomi Prins, geopolitical finance expert and bestselling author. Nomi stresses investors must avoid letting fear guide their investment decisions in order to uncover buying opportunities as this rampant market uncertainty drags on.

She says, "The best way to navigate [the noise] as an investor is to ignore what the Fed does if it raises rates by another two incremental rate hikes within the next several months. The reality is it's not going to impact the quality of investments, place in which we're investing, or how those investments perform."

When it comes to the Fed's upcoming launch of its FedNow instant-money platform, Naomi believes it only serves as a ploy for the central bank to increase its foothold in the digital currency space. "Without the makings of a digital footprint, you don't have the makings of a digital coin," she asserts.

Continuing with the theme of de-dollarization, Naomi warns that this trend could affect the long term outlook of the markets as foreign adversaries aim to chip away at the value of the U.S. dollar.

 "I don't actually think it's going to be replaced in our lifetimes, but that doesn't mean there isn't a trading pattern here that's emerging," she concludes.

00:00 Nomi Prins Introduction

 2:08 What is Happening with Federal Reserve?

5:15 How Should Investors Navigate Market Noise?

7:55 Fed Plans to Boost US Banks' Requirements

10:03 Upcoming Launch of FedNow

14:03 Implication of the Fed and Bitcoin

15:55 BRICS Countries Planning New Gold-Backed Currency

19:09 Texas House Advances Gold-Backed Digital Currency Bill

https://www.youtube.com/watch?v=3kntYkUvKB8

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

Nations Worldwide JUST UNITED To Denounce The Dollar | Crushes Global Dollar Trade

Nations Worldwide JUST UNITED To Denounce The Dollar | Crushes Global Dollar Trade

Tech Revolution:  7-17-2023

There's something big happening that's going to shake things up for those who have been banking on the United States!

 It's like a rebellious wave that's rising against the long-standing reign of the US dollar in global trade. You know, the dollar has been sitting on its throne as the international exchange currency since 1944 when the Bretton Woods regime gave it the crown.

But guess what? That throne is starting to crumble!

Countries all over the world are now ditching the dollar and using their currencies to do business with each other.

Nations Worldwide JUST UNITED To Denounce The Dollar | Crushes Global Dollar Trade

Tech Revolution:  7-17-2023

There's something big happening that's going to shake things up for those who have been banking on the United States!

 It's like a rebellious wave that's rising against the long-standing reign of the US dollar in global trade. You know, the dollar has been sitting on its throne as the international exchange currency since 1944 when the Bretton Woods regime gave it the crown.

But guess what? That throne is starting to crumble!

Countries all over the world are now ditching the dollar and using their currencies to do business with each other.

Just recently, Iran and Indonesia made headlines by deciding to trade using their own money. President Ebrahim Raisi of Iran flew over to Indonesia and had a conversation with President Joko Widodo. And guess what? They agreed to trade in their currencies.

Believe it or not, there are already 60 countries that have jumped on this bandwagon. Even India, which has been getting cozy with the US lately, is doing foreign trade using its currency. They've got trade agreements with a whopping 19 countries!

But what's even cooler is that India has managed to stand tall amidst Western pressure, especially from the US. Despite all the tension between Russia and Ukraine, India is still trading with Russia and paying for oil imports in Indian rupees. Talk about defying the odds! India, being the world's fifth-largest economy, is on a mission to make its currency, the rupee, a big shot in global trade. They want to reduce their dependence on the US dollar, and boy, are they determined.

It's like they're saying, "We don't need your dollar, we've got our own game!"

It's fascinating to see how the world is evolving and challenging the status quo. It seems like Iran, the current head of this club called ACU, is also on a mission to shake things up. They want to minimize the use of the dollar within their group to make payments easier and more efficient.

 But Iran isn't the only one with a master plan. Brazil and China recently cooked up a brilliant idea too. They made a pact to trade using their currencies, bypassing the good old greenback in the process. And guess what else? India and Malaysia hopped on the train too! They signed an agreement just a few months ago to increase the use of the Indian rupee in their cross-border business.

And you won't believe this, even France, a close buddy of the United States, is joining in on the fun. They're starting to settle their transactions using the Chinese yuan.

So why are all these leaders taking such bold steps? Well, according to them, the US dollar has become a weapon. It's being used to advance America's foreign-policy interests and even punish those who dare to disagree. It's like a high-stakes game of currency politics!

This currency politics is very evident in Russia. The United States has been giving Vladimir Putin's regime a serious financial smackdown in response to its invasion of Ukraine. The Biden administration has slapped sanctions on them, frozen a massive amount of Moscow's cash, and kicked them out of the global banking club with the help of their Western buddies. It's got everyone realizing just how much they depend on the almighty dollar, no matter what they think about the whole war situation.

But here's the juicy part: Russia, which is cozying up to China in a big way, has decided to ditch the dollar and embrace the yuan as its go-to currency. The Russian Prime Minister spilled the beans, saying that they've gone from using their currencies for just a quarter of their transactions with China in 2021 to two-thirds in the following year.

And get this, the yuan's share of their trade skyrocketed from a measly 4 percent in January 2022 to a whopping 23 percent by the end of the same year! In February 2023, a report by Bloomberg stated that the yuan has overtaken the dollar as the most traded currency in Russia. The scales are tipping in favor of the yuan.

But Russia isn't the only one shaking things up. Brazil, part of the BRICS gang, is jumping on the yuan bandwagon too. During a recent visit by the Brazilian President to Beijing, they cooked up a plan to trade with the yuan. Their trade volume with China is worth a cool $150 billion.

https://www.youtube.com/watch?v=MuM3rG_MaEA

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