KTFA Members "News and Views" Tuesday 1-19-2021

KTFA:

Clare:  WOW... AWESOME CC!!!!!!!  (See link below) THANK YOU FRANK, WALKINGSTICK & MM!!

I LOVE HOW WALKINGSTICK REPORTED - "THIS SAT THEY WILL DISCUSS THE NSCN'S:

 HOW THEY WILL  PRESENT IT TO THE PUBLIC...WHICH NSCN'S WILL BE RELEASED.... THE VALUE AND THE NOTE COUNT TO BE DISTRIBUTED.....

AND THERE SEEMS TO BE A MAD RUSH TO DO THIS".

THANK YOU FOR EVERYTHING WS!   GOD BLESS YOU ALL

Tink:  CC 1-18-21     https://fccdl.in/uDZICOYNdn

Frank26:  1-18-21...CATEGORIES   https://www.youtube.com/watch?v=6xcskr4gff0

Samson:  Al-Shamaa: The Old Exchange Rate Creates Big Problems And Loses Confidence In The Iraqi Currency

19th January, 2021

Economist Hammam Al-Shamaa emphasized that returning to the old exchange rate ... loses confidence in the currency and creates big problems.

Al-Shamaa said in a press statement followed by Al-Independent today, Tuesday, that in Iraq there is chaos and in light of the state, everything is possible, except that returning to the old price creates big problems and the Iraqi currency loses confidence in it.

Al-Shamaa added that: Some of these problems are the financial losses that resulted from the reduction of the exchange rate for everyone who had savings hoarded in the dinar, as it lost 20% of its value.

He explained that: the debt relations will also lead to losses. The merchant who was in debt in dollars was forced to pay a larger amount of dinars when the exchange rate was lowered, and conversely, the debtor now in dinars will have to bear a larger amount of dollars to pay off his debt.  LINK

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Samson:  The Central Bank of Iraq sales return to decline

19th January, 2021
The Iraqi Central Bank's hard currency sales decreased again today, Tuesday, to more than $5 million, at a time when the US currency continues to rise against the dinar.

The correspondent of Shafaq News Agency stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today a decrease in its sales to reach 5 million 561 thousand dollars, which the bank covered at a basic exchange rate of 1460 dinars per dollar, compared to Monday, where sales reached 7 million 353 one thousand dollars.

He added that the sales all went to boost the assets abroad in the form of transfers and credits, while the dollar was not purchased in cash.

Our correspondent indicated that 6 banks have fulfilled the requests to enhance the assets abroad.

LINK

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Samson:  6 years imprisonment for the former Director of the Pension Authority

19th January, 2021
On Tuesday, an informed source revealed that the former director general of the National Pension Authority, Ahmed Abdel-Jalil Al-Saadi, had been sentenced to six years in prison, indicating that the latter is still being brought before the courts in other cases.

The source told Shafaq News that after the investigation into the Saadi case was completed by the Anti-Corruption and Important Crimes Committee and referred to the judiciary, the Central Anti-Corruption Criminal Court issued today a pre-trial sentence of 6 years imprisonment in accordance with the provisions of Resolution 160 of 1983.

The source indicated that the ruling was issued in the case of concluding a health insurance contract and deducting amounts from retirees in violation of the law, in partnership with Al-Salamah Commercial Mediation Company, indicating that there are other cases against the above convicted person pending trial.

It is noteworthy that, on September 15, 2020, a special security force arrested the former director of the General Retirement Authority, Ahmed Abdel-Jalil Al-Saadi, and a number of officials on charges of financial corruption.  LINK

Don961:  Adjusting the dollar exchange between supporting the national product and the dream of economic recovery

Monday January 18, 2021  Baghdad: Mustafa Al-Hashemi

 The director of the Market Research and Consumer Protection Center, Dr. Yahya Kamal Al-Bayati, said that the government is facing a strong and big challenge in the face of the current economic crisis, which made it present the reform white paper, asking: Is the white paper capable on its own to address economic and social problems, and did the budget include solutions to advance the reality of development The existing infrastructure to revive the Iraqi economy, in light of the Central Bank’s decision to amend the exchange rate?

Al-Bayati confirmed that the Central Bank's decision, late last year, contributed to adjusting the exchange rate of the dollar in the market, as our local markets faced a new problem that requires the government to put in place appropriate mechanisms in how to control it and limit manipulation. In which.

National product support

Al-Bayati indicated that "this decision was supposed to be preceded by support for the national product, which is witnessing a clear absence in the market, as well as support for the private sector to take its role properly, with the need not to overlook the importance of limiting imports, for the purpose of making the economic reform process successful."

He believed that "the exchange rate of the dollar against the dinar now needs to be revised because it has negatively affected the rates of commodity prices in the market and made them rise by 20 percent from their rates before the central decision to amend the exchange rate, which is supposed to revive the Iraqi economy with deliberate steps."

Consumer Protection Act

The Director of the Market Research and Consumer Protection Center added that "the Consumer Protection Law No. 1 of 2010 needs to activate and adopt mechanisms for its implementation on the ground, as well as the Consumer Protection Council, which includes in its formation a number of ministries," noting that "Iraq needs institutional integration." Through engaging the work between ministries and departments and coordinating efforts aimed at solving economic problems with a national vision to raise the standard of living Citizen ».

And that "the intended integration lacks follow-up, and every process that the government takes needs to be followed up and monitored to activate it, calling on those in charge of the economic file in Iraq to activate the Iraqi consumer protection law to preserve the hard currency and the domestic capital cycle, and we limit the depletion of our resources on import only without There is real development ».

Al-Bayati focused on "the need to support the local product in a concentrated manner because it deals in the national currency and not in dollars, which may make a difference that the citizen touches when buying it from the market after providing it in it."     LINK

Don961:  Al-Kazemi: We are working on preparing the infrastructure to revive the Iraqi industry

Tuesday 19 January 2021

Baghdad: Muhammad Al-Ansari

 Prime Minister Mustafa Al-Kazemi said, during his opening, yesterday, Monday, the exhibition "Made in Iraq", which is being held by the Ministry of Industry at the Baghdad International Fair: "We face challenges, and we do not care about the attempts to question the work of the government and put the stick in the wheel. The most important thing is how to provide service to citizens." .

Al-Kazemi added that "the government is counting on the private sector to supplement the Iraqi industry and restore its identity."

He added that "Iraq has enormous minds and energies that can be a source of creativity and a tributary to the region and the world. Long decades of dictatorship, wars and crises have prevented opportunities for investment and prosperity of the distinguished Iraqi energies," pointing out that "supporting and protecting the local industry has occupied a large place in the government curriculum, and we are currently working

To create the necessary infrastructure to create an appropriate environment to revive the Iraqi industry again, and we rely on this path on the energies of the youth in our country ».

He stated, “We directed the Ministry of Industry and Minerals to launch the National Project for Youth Employment, to help young graduates establish small industrial projects that contribute to the development of local industry and reduce unemployment rates at the same time, and the government has embarked on a set of reforms to support the industry through the reform white paper and in the budget In 2021, we imposed taxes on the imported product to support and protect the national, local product.

Al-Kazemi declared that "the government is continuing to develop industrial zones in Nineveh, Basra, Dhi Qar and Anbar, and in all regions of Iraq."     LINK

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Samson:  Parliamentary warning of an employee uprising that could topple the Al-Kazemi government

19th January, 2021
The independent deputy, Kazem Al-Sayyadi, warned on Tuesday, that the contract employees will revolt as a result of not being included in the draft fiscal budget for 2021, and that this uprising may lead to the overthrow of the federal government headed by Mustafa Al-Kazemi.

Al-Sayyadi told Shafak News Agency, "Al-Kazemi has proven his inability to run the government, after it became unable to provide citizens with the most basic rights of the ration card items, electric energy and services." He added that "hundreds of thousands of contract employees in state ministries were hoping that the government would do them justice by including them in the Iraqi state budget law, but it failed them by not including them and not paying their financial dues for the year 2020." Al-Sayyadi continued, saying that "these employees are now waiting for the approval of the budget law by Parliament to pay their back salaries, otherwise they will rise up against the government and may cause it to be dropped."

On Tuesday, the Parliamentary Finance Committee announced that the applications for the listing of contracts and lecturers in the 2021 budget bill will be referred to the prime minister.

A member of the committee, Ahmad al-Hajj, told Shafaq News, “It is not within the Parliament's Finance Committee’s authority to approve the creation of job grades and appointments in the General Budget Law,” pointing out that “the committee referred all requests of members of Parliament regarding the inclusion of contracts for Resolution 315 and the lecturers in the Budget Law to the Prime Minister". He added, "When the prime minister and the Ministry of Finance agree to add allocations to contracts, daily procedures and lecturers, and create job grades, there is no objection to the Finance Committee adding them to the budget law."

Hajj pointed out, "The Finance Committee is currently working to reduce the fiscal deficit in the budget from 71 trillion by reducing expenditures and making financial transfers." The members of the House of Representatives had submitted a request to the Presidency of Parliament to include employees contracts and wages in the ministries of the state as part of Resolution 315 issued by the Council of Ministers in the General Budget Law for 2021.

The Iraqi government approved the draft of the draft last month and sent it to Parliament for discussion and approval in the coming weeks. According to the draft seen by Shafaq News, the budget is 164 trillion dinars, with a fiscal deficit of 71 trillion. The budget was based on an estimated price of $ 42 per barrel of oil and an export rate of 3.250 million barrels per day, including 250 thousand barrels from the fields of the Kurdistan Region.   LINK

KTFA Monday Night CC with Frank26 and Team "Categories" 1-18-2021

KTFA:

KTFA CONFERENCE CALL MONDAY NIGHT 1-18-2021

 Frank26:  1-18-21......CATEGORIES

PLAYBACK IS: 605.313.5163 PIN: 156996#

This video is Frank and Teams opinion

Special guest Bluestar

What Frank’s suit colors mean..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR 3 HEADS ... GOLD = CHANGE NO BROWN ... NO GREY... NO YELLOW... NO FLESH 

https://www.youtube.com/watch?v=6xcskr4gff0

Frank26, Santa Surfing, TNT and more Thursday PM 1-14-2021

Courtesy of Dinar Guru

Frank26   We told you...they needed this past Friday and this coming Friday - these two weeks - to do a tally.  To add up how many 3 zero notes they got in. I'd like to say to you they are done...What happened in the first week of January and the second week of January was for them to take account, a tally, and see if they reached the sweet spot...because they reached the sweet spot they all of a sudden come out and start to talk about the U.S. dollar going down tremendously in the auctions of the CBI...How many dollars were put through the auction yesterday and today?  Nothing!  That's exactly what we want to hear.   [post 1 of 2....stay tuned]]

Frank26 That's number one. 2. They all of a sudden are talking about the budget. What about the budget? 'Well we're putting in a new rate in it based on the fact that oil prices have gone up.' 3. 'We promise citizens of Iraq we are going to do another exchange rate and this one is going to be higher. We promise you!" Well golly I mean talk about the U.S. dollar getting out of here. Running out of 3 zero notes. Talking about the budget being approved and it's got a new rate because of the oil prices and now they promised them on television, 'Hey Iraqi citizens we promise there's another rate change coming.' [Post 2 of 2]

Jeff  One of the signs we were looking for to know we were getting close to the RV...we were looking for them to reduce the amount of U.S. dollars auctioned off off at the auctions.  That has been achieved.  Article: "By more than three quarters ...a "significant" decline in central bank sales"  They used to auction off hundreds of millions as of this morning they've only auctioned off 3 million 250000 US dollars...we are looking very good. 

KTFA:

Samson:  The Speaker of Parliament receives the Minister of Finance
14th January, 2021

Parliament Speaker Muhammad al-Halbousi received, Thursday, Minister of Finance Ali Allawi

Halbousi's media office said in a statement received by "Al-Eqtisad News", that the meeting discussed "the financial challenges facing the country at the current stage, and the draft federal budget law for the fiscal year 2021

The two sides stressed "the importance of limiting the repercussions of the current financial situation on the economic situation in the country, and working on developing plans and procedures required to confront the current financial crisis, overcome its repercussions and protect citizens' rights LINK

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TNT:

Tishwash:  International Development Bank: The White Paper on Restructuring the Banking and Financial System

The advisor to the Chairman of the Board of Directors of the International Development Bank in Iraq, Hani Idris, said that the reform program approved by Iraq late last year under the name of "the white paper", which aims to redefine the state, develop the public financial system, restructure the banking and financial system, address low productivity and protect groups Fragile.

On the other hand, the Information Technology and Communications Technology Association (INTAG) discussed, during its monthly meeting, growth opportunities for sector companies in the Iraqi market .

The association stated in a statement yesterday that the executive director of the "production" association, Engineer Nidal Al-Bitar, said that the meeting discussed the importance of the Iraqi market for Jordanian information technology companies .

In turn, the CEO of the "Delta Computers" company, Marwan Hamdan, reviewed his experience in the Iraqi market, stressing that the most sought-after projects in Iraq are "financial technology", referring to the most prominent challenges facing investment in Iraq, represented by government instability and the lack of an active private sector   link

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Santa Surfing

1/12/2021: GESARA - Constitutional Everything! 1/11 - What happened?

ARTICLE: https://beachbroadcast.com/whats-happening/f/gesara---constitutional-everything-111---what-happened

https://rumble.com/vcpu2l-gesara-constitutional-everything-111-what-happened.html

IRAQ NEWS UPDATE : 1/14/21 | IQD Iraqi Dinar Currency Exchange RV Ripple XRP Bitcoin and more!

Jan 14, 2021

IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment.

https://www.youtube.com/watch?v=-z3QZhaBgoU

Monday Night KTFA CC "They Promised Citizens Another Exchange Rate" 1-11-2021

Monday Night KTFA Conference Call 1-11-2021

With Frank26 and his team

PLAYBACK IS: 605.313.5163 PIN: 156996#

This video is in Frank and team’s opinion

Frank26:  THEY PROMISED CITIZENS ANOTHER EXCHANGE RATE"

What Franks Suit colors mean:  WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR 3 HEADS ... GOLD = CHANGE NO BROWN ... NO GREY... NO YELLOW... NO FLESH 

https://www.youtube.com/watch?v=SgroPzjfZ6Y&feature=youtu.be

Frank26 and MilitiaMan Friday PM "Anoher Exchange Rate Change" 1-8-2021

KTFA:

Samson:  New financial statement on the adjustment of the dollar exchange rate

8th January, 2021

The Ministry of Finance issued, on Friday, a new statement regarding the measures supporting the increase in the positive effects of adjusting the exchange rate of the dollar against the Iraqi dinar.

The ministry stated in a statement that Mawazine News received a copy of, that it “is fully aware that there are a number of supportive measures that need to be taken to increase the positive effects of adjusting the exchange rate. By the cabinet."

She added that she "led extensive discussions in the past weeks after the approval of the budget by the Council of Ministers regarding the follow-up to adjusting the exchange rate with many parties inside and outside the government.

These discussions will culminate next week with a proposed expanded meeting with the main economic actors from the public and private sector, where the Ministry of Finance will develop its policy program." Detailed designed to maximize the benefits from an exchange rate adjustment.

She indicated, "She hopes that these procedures will coincide with discussions within the House of Representatives on the budget, and it should be noted that the main policy measures to protect the poor and the vulnerable have been included in the budget and discussed in the minister's statement regarding the budget."  LINK

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Samson:   Iraqi Finance announces new developments in the dinar  exchange rate

8th January, 2021

The Ministry of Finance promised on Friday to make an amendment to the exchange rate of the foreign currency against the Iraqi dinar, after the decision taken by the Central Bank to reduce the value of the local currency and increase the prices of imported goods and goods in the country.

The ministry said in a statement received by Shafaq News that it is fully aware that there are a number of supportive measures that must be taken to increase the positive effects of adjusting the exchange rate. The Ministry of Finance was unable to do this publicly due to the sensitivity of the issue and because the budget must first be approved by the Council of Ministers. And she continued that she led extensive discussions in the past weeks after the budget was approved by the Council of Ministers regarding the follow-up to adjusting the exchange rate with many parties inside and outside the government.

She added that these discussions will culminate next week with a proposed expanded meeting with the main economic actors from the public and private sectors, where the Ministry of Finance will develop a detailed policy program designed to increase the benefits from adjusting the exchange rate.

In its statement, the ministry expressed its hope that these measures will coincide with discussions within the House of Representatives on the budget. The statement indicated that "the main policy measures to protect the poor and vulnerable have been included in the budget and discussed in the minister's statement regarding the budget."

The Central Bank of Iraq had decided to raise the price of selling the dollar to banks and exchange companies to 1460 dinars, from 1182 dinars to the dollar, in order to compensate for the decline in oil revenues caused by the deterioration of oil prices. Iraq relies on 90% of its income on oil revenues, and the last time it devalued the dinar was in December 2015 when it raised the selling price of the dollar to 1182 dinars, compared to 1166 dinars in the past.

The central bank launched its decision regarding the new pricing for selling the dollar in the auction for the currency on the 20th of last December, and since then, the bank has witnessed a decline in currency sales. Iraq is under great pressure under the weight of the worst economic crisis it has witnessed since 2003 until now due to the low oil prices and the outbreak of the Corona virus.    LINK

MilitiaMan:  What a find Samson! I can imagine sleepless nights are coming to many.. Those that go to bed at 9:00 may think twice about it now.. lol lol Thank you!

They say this is a new development in the dinar exchange rate. Well, fairly sure we can see that this was a part of the plan for some time and they are rolling out that plan.

They used the Devaluation on purpose, imo, knowing that there would be effects both of which served a purpose to stimulate the citizens to bring in additional 3 zero notes, citizens feeling that if they devalue again to 1660 they would lose even more purchasing power.

They knew that the citizens would get pinched, but, it was apparently a necessary evil.  One that may not have been as successful as thought. Regardless the plan was to be short lived and it appears to be the case now As, we see the Finance Minister has promised today to make an amendment to the exchange rate for positive effects and with supportive measures.

 The fact that they budget was past and they kept the data close to their chest is clearly a true sign of the sensitive nature of things. We all know the 2019 FMLA and the 2020 Budget was kept under wraps for a purpose as well. That imo is the sensitivity of the whole plan. The new International Article 8 Compliant Exchange Rate. The REER.

The HOR (house of representatives?)  is said to meet Saturday.. They say it is hoped that the meeting will coincide with the COM (Council of ministers) and the HOR in regard to the 2021 Budget with an amendment to it.

Well that imo is why they played this out this far. Because the data in the 2019 FMLA and 2020 was so sensitive in nature. The sensitivity is the mechanism in the data to go to a market economy.

They have the systems in place to do so now.

 They have the Electronic system in place. BUNA is well known to have interlinked with the region. That includes the members of the AMF. That would also include indirectly the IMF / SDR.. They communicate with each other at times.

I did see that yesterday!! It lines up that 1450 less three zeros is similar to SDR $1.450. The article a day agoy said in May 2020 the Dinar was valued at 682 Dinars to the Dollar. The real value, they said. Then they spoke of the 1182. Now We see the devaluation down to 1450 real close.. $.682 is the value of 682 Dinars once or if the three zeros are dropped. 1/1.45 is .69 real close.

See the similarities converging. Take not of the SDR is $1.45 real close.. Key thing of interest is the AMF / AAD is $420+-. That is just under 3xSDR.. 

So, It sure looks like the process was to devalue ahead of the revaluation to come as part of the plan has legs. The US Fed told us they can Devalue and Revalue and it appears to be holding true. As stated above. 

Now lets think about the green dollar and blue dollar articles over the last couple weeks. They seem to support there is a transition going on. The dollar auctions are showing scarcity to the cash sales (see above). Yesterday, case in point again, the auctions were a mere $100,000.

The green dollar and blue dollar are different not just in color. The green dollar was said to be pouring in illegally from the Kurdish region, as it was put to us. The blue dollar (different) was being used by the central bank and they were selling at 1450.. Keep that in mind.

The blue money we thought was apart of information in respect to NSCNs. In effect that may be true still to a greater degree than thought relationship wise.  As the blue dollar is to be used in the future, as it may be a digital dollar that will need to be paired with a digital Dinar where by the new small category notes come into play. They will need to have similar technology in respect to digitization and valued accordingly to an international standard article 8 compliant rate, imo.

The blue dollar that Frank asked Petra and I to consider closer, is because he believes imo that the Blue dollar is something Big that got started on or around the 1st of January, just as the well placed clip he offered us from Trump rally showed him saying Something big is about to happen!

The article yesterday speaks of a spiral if they don’t contain the spending an fill in the gaps with alternative incomes outside of oil. We all know that Iraq has been ready to clear and settle trades through the BUNA system. That system will be able to clear trades not only with Iraq but all countries affiliated with the AMF. Second mention is for purpose. 

The countries currencies would have to be able to be cleared similarly to each other. Just as the dollar will need to be or now is able to be. It has been implied the Blue Dollar is on the other side.. Meaning to me that it is coming into Iraq already, as in it is done and ready to go.

We await Iraq e-Dinar now. imo 

We saw that the 2021 budget has been side kicked back over over the last couple months to now be to the end of the rail line, Saturday. That is tomorrow.  Interestingly the Tuesday session for the Parliament was to be for Tuesday this week and it was canceled with out notice of a reason as to why and was pushed out. We can glean from the above that the sensitive nature is why! 

We have heard over the years that there may come a time where the citizens outside western eyes may get four days alone with their new sovereign money, effectively anyway. From post Tuesday four days is Saturday and the is the same day exposure of the 2021 may hit the HOR.. Let see..Much of what is in this post was written yesterday..lol

So if we keep in mind the pairing of rates, the value of the Dinar back in May 2020 was 682 and now is 1450, by dropping the 3 zeros the Dinar 1.45 is or will have converged with a competing AMF to SDR basket that can talk if you will through the BUNA platform..

3xSDR is where countries within the IMF are said to be. Samson’s post of the other day of SDR $1.45+- is suggesting there is now a convergence leading up to the HOR meeting Saturday..

I like it!! Imo ~ MM

Frank26:  1-8-21.......ANOTHER EXCHANGE RATE CHANGE

https://www.youtube.com/watch?v=KZ918ITYdfg

Monday Night KTFA CC with Frank26 "It's A Good Sign" 1-4-2021

KTFA Monday Night Conference Call

PLAYBACK IS: 605.313.5163 PIN: 156996#

A NEW UB2B WITH THE IQD UPDATE

Frank26:  1-4-21. .....ITS A GOOD SIGN

This video is in Frank’s and team’s opinion.

What do Frank’s Suit colors mean?

FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR 3 HEADS ... GOLD = CHANGE …NO BROWN ... NO GREY... NO YELLOW... NO FLESH 

https://www.youtube.com/watch?v=3DW-XTZU4GE

TNT, X22 Reports, Frank26 and more Tuesday PM 12-29-2020

TNT:

Tishwash:  Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency ... and Baghdad is forced to comply with the recommendations of the international monetary fund

Economic expert Salam Sumaisem said on the devaluation of the Iraqi dinar, that the dollar will be drained from its source in the US .Treasury, which will replace it with digital electronic money, Digital Dollar

Sumaisem added to the obelisk: We will then see how the smuggling of dollars continues, noting that only Iraq and its people will be the losers, and that .whoever trades in the Iraqi dinar will not benefit in anything

Sumaisem told Al-Masalla that draining the sources requires that there be a shortage of dollars that are pumped into the markets, referring to the issue of pursuing political money, as the financial decision-makers say that they cannot dry up the sources, but America, for example, has gone through the same crisis, especially after the decline

The US dollar fell a week ago on the global market by 8%, which prompted the Treasury to stop pumping more .dollars into the US market itself

Sumaisem considered that the Iraqi concerned authorities do not know how to act with the crisis.

Rather, they acted in a bad way in reducing the price .of the Iraqi dinar against the dollar ".

Sumaisem said, "It is true that this provides liquidity, but it will not solve the crisis

And she continued: America, for example, is moving now to the stage of digital money, which is digital money, and thus it will not pump more dollars into Iraq until it becomes scarce, and then it can pump a digital dollar. That every dollar has a number and circulation in it between the seller and the .buyer is known and limited.

It will also change the whole world, and for Iraq it will be a pivotal change Sumaisem revealed that the Minister of Finance signed a blank statement that he would implement all the recommendations of the International Monetary Fund.   link

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Harambe:  Bloomberg: Traders Boost Bets Against Dollar to Highest in Almost a Decade

(12/29/20)

 Speculative traders are ending the year doubling down on their bets against the dollar.

Net short non-commercial positions in futures linked to the ICE U.S. Dollar Index have surged to the most since March 2011, according to the latest Commodity Futures Trading Commission data. The gauge of the U.S. currency has fallen over 6% this year as investors turned against the greenback amid unprecedented monetary easing from the Federal Reserve and a move away from haven assets.

“Hedge funds are spoilt for choice when looking for reasons to be short the dollar,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “We have a Fed that is committed to a paradigm shift in its policy that materially lowers the risk of policy normalization, and a rapidly widening twin deficit makes it easier for short dollar bets.”

A combination of negative U.S. real yields, extended valuations across American assets and a current account deficit that requires dollar depreciation to finance will likely weigh on the currency into next year, strategists at Goldman Sachs Asset Management wrote in a recent note.

The Bloomberg Dollar Spot Index was down 0.3% as of 6:55 a.m. in New York on Tuesday. Ten-year Treasury yields rose two basis points to 0.94%.

“We see depreciation in the dollar continuing into 2021,” the Goldman team said. “Liquidity dynamics and virus news flow may influence the timing of dollar weakness, but not necessarily the medium-term downtrend.”

https://www.bloomberg.com/news/articles/2020-12-29/bearish-dollar-bets-near-decade-high-as-2020-draws-to-an-end

Courtesy of Dinar Guru  https://www.dinarguru.com/

Frank26   Didn't we not say to you that this 1450 is something that you can flush down the toilet?  99.9% of you did [hear me].  The rest of you didn't and you panic.  And you continue to let this open wound to become infected and you created your own frustration...stop being so scandalous about every little thing you hear.  It's supposed to be confusing...the confusion is part of the plan...

Jeff  ...what they're doing is injecting more U.S. dollars into Iraq's economy that when the rate changes they have dollars instead of dinar...when the rate does change they have take their dollars into the bank for dinar.  It's just another step to pull the dinar out of circulation - to remove the 3-zero notes out of circulation inside the country of Iraq...

Breitling   They want to add value to their currency...They want to be able to participate in the markets.  They want to diversify.  They want to get out of the oil markets.  They're stuck.  What are they going to do?  They're going to comply with the United States, the west and our trading...they're still moving forward...They are going to pay off debt.  They're going to get their payments lower.  Then they're going to add value to their currency.  It's a win, win, win situation for them.  That's their strategy.  That's what they're up to...this thing is coming down the road.  They're going to revalue their currency...

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Tuesday Night X22 Reports:

Trump Turns The Spotlight On The Economic Swamp, No Escape-- Ep 2365a

The people are now seeing for the first time that congress is not for the people, they are interest in their lobbyist, special interest groups and they are not passing bills to benefit the people. Trump just exposed the economic swamp.

https://x22report.com/aiovg_videos/ep-2365a-trump-turns-the-spotlight-on-the-economic-swamp-no-escape/

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What Is About To Unfold Will Be Earth Shattering, Birth Of A New Nation, Checkmate – Ep. 2365b

The patriots have now moved the [DS]/MSM into position, everything is about to change, this is not just about a 4 year election it is about taking about the country, breaking the illusion and allowing the people to once again to see clearly. This has been planned out and Trump and the patriots are leading the [DS] to exactly where they want them to be. Durham is on deck, this is checkmate, it has to be done correctly, we only have on shot at this, what is about to unfold will be earth shattering.

https://x22report.com/aiovg_videos/ep-2365b-what-is-about-to-unfold-will-be-earth-shattering-birth-of-a-new-nation-checkmate/

Monday Night KTFA CC with Frank26 and Team "It's Supposed To Be Confusing" 12-28-2020

KTFA Monday Night Conference Call..12-28-2020

Frank26 with Team Delta, MilitiaMan, Petra and Walkingstick

PLAYBACK IS: 605.313.5163 PIN: 156996#

Frank26:  12-28-20.... IT’S SUPPOSED TO BE CONFUSING

THIS IS ALL IN FRANK'S OPINION

https://www.youtube.com/watch?v=0x6vH7K9r3o

Monday Night KTFA CC with Frank26 and Team "The Kuwait and China Syndrome" 12-21-2020

KTFA:

KTFA CONFERENCE CALL MONDAY NIGHT...

With Frank26 and Team MilitiaMan, Delta, Petra and Walkingsick

Special Guest is Bluestar

PLAYBACK IS: 605.313.5163 PIN: 156996#

12-21-20.... THE KUWAIT AND CHINA SYNDROME

Frank26:  Both China and Kuwait misdirected before their Revaluations.

This video is in Frank’s and Team’s Opinion only!!!!

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

Clare:  Iraq approves 2021 budget

EconomyIraq 2021 budget

 2020-12-21 13:19

 Shafaq News / Iraq’ Council of Ministers approved on Monday the 2021 state budget.
The cabinet held special meetings headed by Prime Minister Mustafa Al-Kadhimi and approved the fiscal budget of 2021. 

No further details were shared.

A leaked draft of Iraq’s state budget sent Iraqis into a panic on Thursday as it confirmed the government’s intentions to devalue the national currency, the Iraqi dinar, and cut salaries to cope with the impacts of a severe economic crisis.

Discussions about devaluating the Iraqi dinar, which has been pegged to the dollar for decades, have been going on for weeks as the government worked to finalize the 2021 budget.
The draft law, which has to go through a parliament vote first, gives an anticipated exchange rate of 1,450 Iraqi dinars for the dollar — a significant drop from the central bank’s current official rate of approximately 1,182 dinars for $1.

Will:  also in Reuters   2021 budget  

Atpinfinity:  What is this about at the bottom of Reuters Bagdad Dec. 21, 2020

Iraq has the world’s fourth-largest oil reserves and depends on oil revenues to fund 95 percent of its national budget.

($1 = 1.45 Iraqi dinars)

Reporting by Ahmed Rasheed; editing by David Evans and Angus MacSwan

Our Standards: The Thomson Reuters Trust Principles.

Sakcorta:  Imo.... did Reuters just let the cat out of the bag?

News, Rumors and Opinions Tuesday 12-15-2020

Snippets from Monday Night KTFA CC 12-14-2020

This is all in Frank’s opinion only

Frank26:  ATMs are locked and loaded.

I believe the banks have received new counting machines programmed for the new small category notes.

I believe The tellers should be training or already have been trained on these machines and other protocols.

I believe The Kurds signed off on the HCL.

The IMf says Iraq rate will change by the end of the year.

There is a big meeting later this week to be an introduction of the new notes to key Iraqi officials.

I believe they are about to release the rate!

https://www.youtube.com/watch?v=eBNvhQNneo0

Courtesy of Dinar Guru

Petra  ...we are in the end times with regards to our investment in the Iraqi dinar...we know time is short because the IMF has made a very clear indication in articles about what's going on with the exchange rate.  Through the IMF, Iraq has committed to changing their rate prior to the end of the year...That's not coming from us.  That's not coming from Iraq.  That's coming from the IMF themselves.  One of the most influential and powerful organizations in the world...  

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

DJ:  DID YOU KNOW?

To understand or at least get general idea of why the constant delays and shenanigans of the GCR/RV/Redemption, we all have to come to terms with the reality of who and what controls the global economies.

You may think you have a clue or have a general picture of what is going on but when you start peeling back the layers of control mechanisms you discover at the center or core of the deceit lies big corporations and the media. The corporations contrive the plan and the media sells it. This isn’t conspiracy theory, it is fact.

Here is an example of the standard model. Take the rain forest of Ecuador. An extremely impoverished country. A large corporation (Texaco) sends in experts to survey the natural resources and discover massive oil deposits. They then send in negotiators who tell their leaders how the oil will bring prosperity to the Ecuadorians and personally line their pockets.

They bring in a staff of experts, statisticians and mathematicians who are skilled at developing economic models who then write reports that prove investments in electrical power systems, highways, ports, airports and industrial parks would spur economic growth.

These reports that describe “vast seas of oil” are then used to justify huge loans from the World Bank to the country and to persuade Wall Street to invest in Texaco, the corporation, and other businesses that would benefit from an oil boom.

But these statistics are screwed in favor of the fortunes of the families that owned the industries, banks, shopping malls, supermarkets, hotels, and a variety of other businesses that prosper from infrastructure rebuild. But while they prosper everyone else suffer as the nations GTP is barely effected.

A key condition of such loans is that the projects would be built by specified engineering and construction companies. Most of the money never leaves the United States it simply gets transferred from banking offices in DC to engineering offices in New York, Houston or San Francisco.

The money flows though U.S. Aid, the World Bank, CIA, and the Pentagon while the surface view is that it comes from Texaco.

Despite the fact that the money was returned almost immediately to the corporate members of the co-op, the recipient country, the debtor, is required to pay back it all back, principal plus interest. The loans are so large the debtor is forced to default on its payments after a few years. When this happens the banks still require their pound of flesh. This could include United Nation votes, the installation of military basses or access to precious resources such as oil. Of course the debtor still owes the corporations.

The money that had been budgeted for health care, education and other social services gets diverted to pay interest on loans, in the end the principal is never paid down. The country gets shackled by dept. Then the IMF arrives and demands that the government offer its oil or other resources to the corporations at cut rate prices and that the country privatizes its electric, water, sewer, and other public institutions and sell them to the corporations.

The corporations (In this case Texaco) take control of the military by paying their salaries and buying them their equipment. They get to write their own laws, set fines on oil spills, labor rates and all the laws that matter to them.

Financial infrastructure projects are funded through mountains of debt from the World Bank under the guise it would pull the nation out of poverty then the World Bank and U.S. aid reinforce the mind-set. Big business is the big winner and another country is added to the Cabals’ global empire.

This economic takeover model is replicated across the planet. China, Russia and other economic powerhouses are all pressured by the corporations that hold their debt and function within their specific economic engine.

So this should give you an idea of why the GCR is met with push-back at every turn. This status quo is what runs the world, and has for generations, and is what will be crashed by the GCR.

At the end of the day this is how global economics work at the top of the food chain to alter or completely change it a new model must be thought and be able to step in and fill the financial voids crashing the system will cause. In theory the QFS is the answer and a global currency reset is merely a function needed to oil the QFS machine.

Until it happens of course, it’s just a theory. Everything works until it doesn’t.   DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=160494

"UNTIL NOW, no info confirming or indicating reason for raising price of dinar against US dollar"

Premiered 10 hours ago

IRAQ NEWS: The latest Iraqi news relating to what's happening in Iraq and the Iraqi Dinar investment.

https://youtu.be/5AiaP3yZ82A?t=3

Monday Night KTFA CC with Frank26 and Team "New Denominations" 12-14-2020

KTFA:

Monday Night KTFA CC 12-14-2020

With Frank26 and his team of Delta, MilitiaMan and Petra

Playback Number: 605-313-5153   PIN: 319183#

Walkingstick is having surgery today to remove several tumors from his kidney.  This is a very serious and delicate procedure.  Please keep him in your thoughts and prayers today. 

12-14-20.....NEW DENOMINATIONS

This video is in Frank and team’s opinion

https://www.youtube.com/watch?v=eBNvhQNneo0