Monday Night KTFA CC "Welcome to Iraq-ARTICLE 8" 8-23-2021
.KTFA Monday Night CC
8-23-21……..Welcome to Iraq ARTICLE 8
This video is in Frank’s and his team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in iraq
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC with Frank26 and team.
8-23-21……..Welcome to Iraq ARTICLE 8
This video is in Frank’s and his team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in iraq
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC "Key Words Are Everywhere!" 8-16-2021
.KTFA Monday Night CC
8-16-21……..KEYWORDS EVERYWHERE !!!
This video is in Frank’s and his team’s opinions
Franks Team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC
8-16-21……..KEYWORDS EVERYWHERE !!!
This video is in Frank’s and his team’s opinions
Franks Team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
More News, Rumors and Opinions Saturday PM 8-14-2021
.KTFA:
Frank26: KTFA FAMILY ............. EDDIE'S BANK FRIEND SAID ......... IT HAS STARTED ............... OUR KEY WORDS FROM KAZEMI TELL YOU IT HAS STARTED ................ THEN !!!!!!!!!!!!!!! ............TODAY THE ONES IN CHARGE TELL YOU EXACTLY WHAT WE TOLD YOU THEY WOULD SAY ................................ KONA ... WELCOME TO THE MASSIVE PHENOMINAL CAMPAIGN OF THE EDUCATION OF THE MR TO THE CITIZENS OF IRAQ ...................WHY "NOW?" ........................... BECAUSE THE WORLD OF ARTICLE 8 .......................KNOWS THE TRUTH OF THE TRUE VALUE OF THE IRAQI DINAR !!!!!!!!!!!!!!!!!!!!!!!!! A POWERFUL ..............." RELEASE " ................................................................. SMILE PRAISE GOD...F26
KTFA:
Frank26: KTFA FAMILY ............. EDDIE'S BANK FRIEND SAID ......... IT HAS STARTED ............... OUR KEY WORDS FROM KAZEMI TELL YOU IT HAS STARTED ................ THEN !!!!!!!!!!!!!!! ............TODAY THE ONES IN CHARGE TELL YOU EXACTLY WHAT WE TOLD YOU THEY WOULD SAY ................................ KONA ... WELCOME TO THE MASSIVE PHENOMINAL CAMPAIGN OF THE EDUCATION OF THE MR TO THE CITIZENS OF IRAQ ...................WHY "NOW?" ........................... BECAUSE THE WORLD OF ARTICLE 8 .......................KNOWS THE TRUTH OF THE TRUE VALUE OF THE IRAQI DINAR !!!!!!!!!!!!!!!!!!!!!!!!! A POWERFUL ..............." RELEASE " ................................................................. SMILE PRAISE GOD...F26
The price of the dollar raises inflation rates to 8 percent..and planning: does not raise fears
14th August, 2021
The Ministry of Planning announced, Saturday, August 14, 2021, the reasons for the high rate of inflation in the country, revealing its natural limits.
Ministry spokesman Abdul-Zahra Al-Hindawi said in a statement to "The Obelisk" that inflation rates are rising in all countries and varying between one country and another, subject to the development reality of countries.
He added that in Iraq, after the change in the exchange rate of the dollar, inflation rates increased more than it was before the change in the exchange rate, noting that the rates began to witness stability during the recent period and there is a cumulative rise between half to 1 percent.
He went on to say that the inflation rate rose to 8%, which is an average for a country like Iraq that is living in these conditions that are not alarming. He pointed out that if the rate rises to 10 or 12 percent, it is within the natural rates of rising inflation and is not unbridled, but is called a controlled natural rise that does not raise fears.
A group of unions and federations had announced earlier, the launch of a national campaign to support the national currency and the economy and increase the citizen's confidence in the Iraqi dinar.
Six unions said in a statement received by Al-Masala, in which it announced the launch of a national campaign sponsored by the Central Bank of Iraq to raise awareness to support the national currency and the Iraqi economy. A large segment of Iraqi society.
This campaign aims to shed light on the importance of dealing with the national currency and increasing the citizen’s confidence in it, for the contribution of all sectors to maintaining the exchange rate and keeping inflation at low rates, and reducing poverty and unemployment rates through the entry of Iraqi and foreign investors to work inside the country, which will lead to Increasing the services provided to citizens and this is fully reflected positively on the economy.
Poverty indicators in the country increased to 27 percent due to the increase in price hikes, according to the Ministry of Planning.
The prices of goods, especially foodstuffs, rose due to the high exchange rate of the dollar. LINK
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Courtesy of Dinar Guru
Frank26 [Iraqi Boots-on-the-ground Firefly TV report] FIREFLY - The Finance Minister is being interviewed today and he's saying that it's time for Iraq to show the real value of their currency and he's saying Iraq has reached financial stability...and Iraq needs to show their real value to once again be a leader in the Arab world... FRANK - Wow!... Linchpin. FIREFLY - This is a 20-minute interview and they keep replaying...over to us all day. FRANK26 - Wow...everyday they're telling you more and more and admitting more and more because they know what the CBI is about to tell you the citizens of Iraq and then Kazemi will take that new exchange rate and explode your economic reform... [post 1 of 2....stay tuned]
Frank26 [Iraqi Boots-on-the-ground Firefly TV report Cont.] FRANK26 - It's not that it's getting closer...it's that it's already here and it's just being introduced to you...notice that they tell you something about the currency exchange rate...and then they repeat it over and over gain and then they tell you more and they repeat it over and over again. Do you understand the pattern...? FIREFLY - He also said Iraq is missing out on billions by not having their true value exposed to the international world. FRANK26 - You are now in the reinstatement...it is now being revealed. It is now being introduced...they now are ready to reveal to you the new dimension of the CBI's mathematics of your currency. [post 2 of 3....stay tuned]
Frank26 [Iraqi Boots-on-the-ground Firefly TV report cont.] FRANK26 - This has to be the best youbetubee I think I've done. I'm so happy about what I'm sharing with you because it's what we told you that would come about...you have security and stability and that is the exact thing that Dr. Shabibi wanted for both of your reforms...politicians are ugly. They're selfish. This is their trademark but right now it's an advantage to you Iraqi citizens because they're admitting to you...that a change is going to happen to your currency and your exchange rate...they gave us a hard time denying it and now they're supporting it. [post 3 of 3]
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TNT:
Tishwash: Jordan announces the return of shipping to Iraq on a round-to-door system
The head of the Jordan and Amman Chambers of Industry, Engineer Fathi Al-Jaghbir, announced, on Saturday, the return of shipping to Iraq under the "round to role" system, that is, without an exchange between the two limits, starting on the 22nd of this month.
Said Jaghbir in circulating distributed today, the industrial sector rooms, " The Minister of the Interior decided to allow the ship to Iraq regime" role to the role "as of August 22 , the current, while allowing those who wish to continue to export a way that " buck to buck. "
He pointed out that The decision came based on the intensive follow-up of the Chambers of Industry and their continuous demands to allow shipment to Iraq in a “round to round” way.
He stressed that "the decision will reduce shipping costs to Iraq and enhance the competitiveness of Jordanian products in the Iraqi market, expressing his hope that it will reflect positively on Jordanian exports."
For his part, the head of the Syndicate of Owners of Clearance and Cargo Transport Companies, Dhaifallah Abu Aqoula, explained that "the decision that allows Jordanian trucks to enter directly into Iraqi territory, and the same for Iraqi trucks to enter the territory of the Kingdom, will reflect positively on the overall transportation system, the freight fleet and exports."
Abu Aqoula said in a statement to the Jordan News Agency (Petra), that "the decision will reduce the time periods for the merchant and industrialist, and speed up the process of arrival of Jordanian goods to the Iraqi market, in addition to revitalizing the truck sector and accelerating the flow of goods passing through the transit route." link
Once Fed ‘goes to war’ against inflation, stocks will get ‘annihilated’, crash 50% - Michael Gentile
Kitco News: Aug 13, 2021
This is part 1 of 2 of the full interview.
Michael's earlier appearance on Kitco: https://youtu.be/O8JFFK71PCc
The U.S. Federal Reserve is "trapped", says Michael Gentile, strategic investor. Gentile told David Lin, anchor for Kitco News, that two scenarios could play out: either the Fed raises rates by 25 basis points next year to regain confidence in the markets, or they let inflation run hot and do nothing.
Neither of these scenarios will be enough to contain inflation.
In order to really "go to war" against inflation, the Fed will need to raise rates to at least 3%, which would cause stocks to crash by the order of 50%.
Even a 25 basis point raise would trigger a 10-20% correction, Gentile said.
KTFA Wed. Night Call with Frank26 and Team. "Now Means Now" 8-11-2021
.KTFA Wednesday Night CC with Frank26
8-11-21……NOW MEANS NOW
This video is in Franks and his teams opinions
Notes from Walkingstick and Eddie tonight
Playback Number: 605-313-5153 PIN: 319183#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Wednesday Night CC with Frank26
8-11-21……NOW MEANS NOW
This video is in Franks and his teams opinions
Notes from Walkingstick and Eddie tonight
Playback Number: 605-313-5153 PIN: 319183#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC with Frank26 8-9-2021
.KTFA:
KTFA Monday Night Conference Call
8-9-21…….2021 = 2022
This video is in Franks and his team’s opinions
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA:
KTFA Monday Night Conference Call
8-9-21…….2021 = 2022
This video is in Franks and his team’s opinions
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
Wed. Night KTFA CC " The New Exchange Rate is in the Minutia of the White Papers"
.KTFA Wednesday Night CC
8-4-21……THE NEW EXCHANGE RATE IS IN THE MINUTIA OF THE WHITE PAPERS
This video is in Frank’s opinions only
Playback Number: 605-313-5153 PIN: 319183#
Special Reports tonight from Eddie in Iraq: The CBI and GOI are talking a lot to the Iraqi people on the televisions.
KTFA Wednesday Night CC
8-4-21……THE NEW EXCHANGE RATE IS IN THE MINUTIA OF THE WHITE PAPERS
This video is in Frank’s opinions only
Playback Number: 605-313-5153 PIN: 319183#
Special Reports tonight from Eddie in Iraq: The CBI and GOI are talking a lot to the Iraqi people on the televisions.
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC "No Thank You" 8-2-2021
.KTFA Monday Night CC with Frank26 and team:
8-2-21……….NO THANK YOU
Special Guest “Bluestar” tonight.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
A Iraq Report is given by Petra and MilitiaMan tonight.
Listen to a special report from Walkingstick as well……
This video is in Frank’s and his team’s opinions.
Playback Number: 605-313-5163 PIN: 156996#
KTFA Monday Night CC with Frank26 and team:
8-2-21……….NO THANK YOU
Special Guest “Bluestar” tonight.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie from Iraq.
A Iraq Report is given by Petra and MilitiaMan tonight.
Listen to a special report from Walkingstick as well……
This video is in Frank’s and his team’s opinions.
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
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This article is highlighted in tonights call:
Al-Kazemi announces the launch of the economic reform plan within the white paper
2nd August, 2021
Prime Minister Mustafa Al-Kazemi chaired the meeting of the Supreme Committee for Reform in Iraq.
Al-Kazemi said, according to a statement by his office, "Since we launched the reform white paper to address the rampant corruption in the country and we have been working to create an appropriate atmosphere for its implementation, and our meeting today is to announce the start of implementing the administrative and executive mechanisms for the economic reform plan within the white paper."
He added, "We strongly aspire to restore the country's economy to its strength after the situation reached very low levels as a result of rampant corruption. This plan would rebuild the Iraqi economy in a sound manner that would achieve sustainable development for the country."
And Al-Kazemi continued during the meeting, "The reform plan will provide a solution to the chronic economic management crisis, which is represented by complete dependence on oil, and the lack of diversification of income sources. A comprehensive reform until it is completed within 5 years.
And he indicated that "the damage to the Iraqi economy is very great, and for this reason it is impossible to implement the reform plan in a short time, and everyone who promises to do so is delusional. Our goal is to advance the Iraqi state, not the current government. Governments go and the state remains, and for this we want with all our insistence." To restore Iraq's economic prestige."
Al-Kazemi said, "Since we took over the administration of the executive authority of Iraq, we have been working hard to implement reforms in order to get out with the least losses for all of us. The future of our children is more important than anything, they are the builders of Iraq, and they are the ones who will lead it, so let's leave our interests and think about our children."
In October 2020, Al-Kazemi launched what is known as the "white paper", which extends over 100 pages, which is a "project for a solution to the chronic economic management crisis, complete dependence on oil and the lack of diversification of sources of income." LINK
MilitiaMan : An “Exchange Rate” is a “Mechanism.
KTFA Wednesday Night CC With Frank26 "S+S=RI 7-28-2021
.KTFA Wednesday Night CC with Frank26:
7-28-21…….S + S = RI (Security and Stability)
THIS WHOLE UB2B IS STRICTLY IN FRANK'S OPINION..........BUT YOU ALREADY KNOW THAT!
Includes special report from Eddie in Iraq.
Frank26: While nobody knows the date…we do know they are doing it right now.
Eddie: The visit to the US has been a success.
Frank26: When Kazemi went to Washington DC he met with the fab 4…..The World Bank is one of the fab 4 …along with the US Treasury and the IMF. They also met with the WTO is Wash. DC. Kaemi has been spending most all of his time working on the monetary reforms and the new exchange rate with the Fab 4. Lets see if the results of these meetings is as powerful as I think they were
KTFA Wednesday Night CC with Frank26:
7-28-21…….S + S = RI (Security and Stability)
THIS WHOLE UB2B IS STRICTLY IN FRANK'S OPINION..........BUT YOU ALREADY KNOW THAT!
Includes special report from Eddie in Iraq.
Frank26: While nobody knows the date…we do know they are doing it right now.
Eddie: The visit to the US has been a success.
Frank26: When Kazemi went to Washington DC he met with the fab 4…..The World Bank is one of the fab 4 …along with the US Treasury and the IMF. They also met with the WTO is Wash. DC. Kaemi has been spending most all of his time working on the monetary reforms and the new exchange rate with the Fab 4. Lets see if the results of these meetings is as powerful as I think they were…..
(the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the USA...)
Frank26 : To be a member of the World Trade Organization Iraq has to have a tradable currency.
Eddie: According to the media…he CBI and the IMF will be meeting in Iraq soon….These meetings will be very, very important. This meeting is about to be announced….they have not met yet….but very soon.
Frank26: They already met in Wash. DC….and they will be telling you all soon what the meetings were about. And IMO that moment approaches us.
Petra: IMF put them on a program rate. IMF told them to reduce their rate to 1450 from 1190. Now, IMF wil tell them....what Frank said. LOL
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
KTFA Monday Night CC "CBI Quiet Before.....The Perfect Storm" 7-26-2021
.KTFA:
KTFA Monday Night CC with Frank26 and team
7-26-21…..CBI QUIET BEFORE……..THE PERFECT STORM
This video is in Frank’s and team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Frank26: WHAT FRANK IS ABOUT TO TELL YOU.......IS HIS OPINION..........Iraq is being wined and dined and primed…..to be a very strong WTO member. Walkingstick and I would like to emphasis that it is the GOI that has pledged to the WTO …IMO The GOI has pledged to the World Trade Organization a certain percentage of the local currency of Iraq…dinars…. …AND They have pledged a certain value upon admission to the WTO. But take note…I think they already are. And I will stop right there.
Frank26: do you think the WTO want the Iraqi currency at a restricted, program rate??? To be in the WTO Iraqs currency needs to be tradeable…..So study what I just told you and get ready to read it in an article soon.
KTFA:
KTFA Monday Night CC with Frank26 and team (A few highlights )
7-26-21…..CBI QUIET BEFORE……..THE PERFECT STORM
This video is in Frank’s and team’s opinions.
Franks team is Walkingstick, Petra, MilitiaMan and Eddie in Iraq.
Frank26: WHAT FRANK IS ABOUT TO TELL YOU.......IS HIS OPINION..........Iraq is being wined and dined and primed…..to be a very strong WTO member. Walkingstick and I would like to emphasize that it is the GOI that has pledged to the WTO …IMO The GOI has pledged to the World Trade Organization a certain percentage of the local currency of Iraq…dinars…. …AND They have pledged a certain value upon admission to the WTO. But take note…I think they already are. And I will stop right there.
Frank26: do you think the WTO want the Iraqi currency at a restricted, program rate??? To be in the WTO Iraqs currency needs to be tradeable…..So study what I just told you and get ready to read it in an article soon.
MilitiaMan: I like this.. "EDDIE SAID THEY TOLD HIM THAT WHEN PM K IS DONE WITH THE WTO, THEY'RE GOING TO ADD VALUE TO OUR CURRENCY!" Eddie
MilitiaMan: Iraq is involved with the WTO..Agri is big! there are meetings on agriculture this week with the WTO. The focus in July at the WTO in europe was agriculture related!!!
Petra: And do you think the WTO will have them maintain their "observer" status with all those contracts sitting there waiting to enter????
MilitiaMan: Petra, not a chance
MilitiaMan: DROP the OBSERVER by Dropping 3 ZEROS
MilitiaMan: GOI PLEDGED TO the WTO IFO A % of the Local Currency of Iraq with a certain value in a % of dinars upon admission to the WTO.
MT: WOW!!!! so that would mean they are ready to release a true value on a percentage of their currency.. ???
GT: WTO Don't want Iraq WITH A NON-TRADABLE CURRENCY to join their organization !!! NO WAY ....
JJ: If the WTO gets IQD at Program Rate , then WTO gets the benefit of the "jump up" as IQD increases in value ........IMO ...........
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
Holly, Frank and more Wednesday Afternoon 7-21-2021
.Holly Wednesday Rv News:
There is a lot of misinformation going on out there. I have seen these patterns before. I want everyone to relax when you read something negative. Stick with the positive and stay strong.
Our energy and consciousness is imperative to this process. When you get knocked off being positive about the rv and pulled down into fear and panic it affects the outcome. More then ever you need to remain in a loving, positive, calm center. Do not let the negativity throw you out of kilter.
Where are we now: F&Ps did not go yet. They should have yesterday but did not. They are still paying out the bond holders but all are not liquid.
The F&Ps are the key to having ALL of this release.
Holly Wednesday Rv News:
There is a lot of misinformation going on out there. I have seen these patterns before. I want everyone to relax when you read something negative. Stick with the positive and stay strong.
Our energy and consciousness is imperative to this process. When you get knocked off being positive about the rv and pulled down into fear and panic it affects the outcome. More then ever you need to remain in a loving, positive, calm center. Do not let the negativity throw you out of kilter.
Where are we now: F&Ps did not go yet. They should have yesterday but did not. They are still paying out the bond holders but all are not liquid.
The F&Ps are the key to having ALL of this release.
Having been on this journey for a long time, the only way to stay the course is to not have your emotions involved. When your emotions are involved then you become angry when it is does not happen, you get sad and frustrated and excited when you hear good news.
The only way to survive is to take all your emotions out of this and stay in a neutral place. It has to happen eventually and I am beyond giving dates or when as the timeframes we are given change completely.
So we can only see what is happening in the world to get a reference point as to the progress.
This is a transition not a transaction. Never, ever give up.
When you sign your NDA be quiet.
Courtesy of Dinar Guru
Frank26 [Guru] Walkingstick and I told you last Monday they are going to come out with negative articles going against the raising of the exchange rate. They are not talking about lifting the 3 zeros from the currency. That's stupid. I saw some guru say, 'Yeah, you see I told you it was a lop. They're lifting the 3 zeros from the currency...' I told you there was going to be misinformation.
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KTFA:
Don961: The digital dollar... American insistence on leading the global monetary system
Issuing the digital dollar will be a confirmation of the continued supremacy of American financial and economic globalization,
Abdul Hafez Al-Sawy 20/7/2021
The virtual currencies "Bitcoin and its sisters" represented a historical moment in the global economic performance, despite the limited transactions, and limiting those transactions to what we can call the economic elite, with great solvency.
The historicity of the moment comes in the fact that it took the process of issuing money out of state functions, and stripped it of its most important functions and sovereign features, which is the issuance of money, so that virtual currencies made the issuance process in the hands of miners, who are individuals with high technology skills.
The other thing, which is related to the historicity of the moment of issuing virtual currencies, is that hopes for removing the dollar from the throne of leadership of the global monetary system rose dramatically, since 1948 the dollar became the first currency globally in settling financial and commercial transactions worldwide, and foreign exchange reserves depended on it in all Central banks.
As much as virtual currencies represented a threat to countries in general, and to America in particular, as much as they were surrounded by risks to the global economy, represented in the great ease of laundering dirty money, and the other thing is the increase in their energy consumption in mining operations, which is still within a limited framework of its size, so what about If it became used in daily dealings all over the world?
Hence, many countries are trying to control the phenomenon of virtual currencies, and even prevent, or criminalize dealing with them, and seek to confront virtual currencies, quickly issuing their own digital currencies, representing their local currency, to emphasize their sovereignty in an important matter, which is the issuance of money, and the second thing is to confront Fraud and dirty money laundering, and according to the latest published figures, about 60 countries have decided to issue their own digital currencies.
The database of the World Bank, in 2020, shows that the dollar still ranks first in the formation of countries' foreign exchange reserves, despite the state of conflict between America and many countries with the largest balance of reserves.
At the top of these countries is China, which has the largest stock of foreign exchange reserves at about 3.35 trillion dollars, Japan 1.39 trillion, Switzerland 1.08 trillion, the eurozone 1.07 trillion, Russia 596 billion, and India 590 billion.
As for the report of the International Monetary Fund issued in July 2020, it confirms that the total international reserves amounted to 11.73 trillion dollars in the first quarter of 2020, and that the dollar’s share of these reserves was about 61.9%, while the Japanese yen’s share was about 5.6%, and the Chinese yuan It was the holder of the lowest share with 1.9% of the total global reserves of countries.
These data reflect the extent of confidence that the dollar enjoys with global central banks, as well as its role in the global economy, despite the decline it suffered during the era of former US President Donald Trump.
There are about 60 countries that have decided to issue their own cryptocurrency (Shutterstock)
American control
Although virtual currencies began as a technology and practice outside the United States, they gained great momentum thanks to American companies, individuals and institutions, and we found major American companies accepting these currencies in selling their products, such as Tesla, Intel, Microsoft (Microsoft), and others. Some individuals also had a major role in promoting virtual currencies, such as Elon Musk, and major universities have announced the monitoring of investments in these currencies, including Harvard and Michigan.
Which means that the largest role in this market is in the hands of America, and that the issuance of a law or decision on these currencies would raise dealings with them, increase their value, and grant them acceptance. And vice versa, the issuance of a decision banning its work, or restricting its acceptance, would reduce its value, and lose a lot of investments.
The future of the digital dollar
With the recovery of virtual currencies under American auspices, the administration of President Joe Biden, which is restoring the concept of "a strong America", will continue this competitive advantage that allows it to lead the global monetary system.
Therefore, we found Jerome Powell, President of the US Federal Reserve, recently revealing the issuance of a sovereign digital currency, and he says that the matter has been under study for months with a group of American universities and research centers.
We think that the studies that are conducted on the issue of digital dollar issuance do not concern the economic dimensions, because America believes that the step proves its position in controlling the monetary system in the world, but perhaps these studies are based on the tightness of the electronic system, and the avoidance of technological gaps in virtual currencies. , and to ensure the ability of the Federal Reserve to manage the new system.
Undoubtedly, in the case of issuing the digital dollar, this will have a bad impact on virtual currencies, which suffer from a decline in their value during the last period, due to the announcement of a good number of countries issuing digital currencies, and on top of these countries are America and China, the most famous virtual currencies. Bitcoin” had reached about $60,000 per unit, but its value has now fallen by nearly 50%, and has fallen under the $30,000 ceiling.
The digital dollar will ensure a better legal situation in the existing transactions market, and will pull the rug with large areas of virtual currencies, because it depends on a legal reference, and a large percentage of transactions based on it are swindling, fraud and illegal acquisitions, which may be provided by technology capabilities in the case of virtual currencies. .
The issuance of the digital dollar will lead to complete control over financial transactions and commercial settlements through it, because its database is under the supervision of the Federal Reserve, and there will be monitoring of transactions aimed at money laundering, and determining the paths and directions of all financial transactions that take place through the digital dollar, unlike Virtual currencies that are only available to some technicians involved in dealing with those currencies.
In the case of issuing a digital dollar, this will have a negative impact on virtual currencies (Getty Images)
Many countries will welcome the issuance of the digital dollar, as it is issued by a known entity, and from a country that still represents the largest economy in the world. The digital dollar will also restore things to normal in the issue of linking the issuance of money to the sovereignty of the state.
The competition between the expected digital dollar, with the rest of the digital currencies, remains within the framework of the traditional competition between America and other countries such as China and Japan, although the competition will continue to be governed by the fact that America is the largest producer of technology, and has a large percentage of global economic capabilities.
There is an important matter regarding the future of the paper dollar. It is difficult in the short and medium term for the existence of the paper dollar to disappear, due to the weak technological infrastructure of many countries, and even individuals. As in the case of virtual currencies, as they belong to a very limited number of dealers in the global market, the digital dollar will also be in its infancy, and for a period of time not short, for the reasons we mentioned.
In conclusion, the issuance of the digital dollar will be a confirmation of the continued supremacy of financial and economic globalization, under the auspices of America. Talking about a new global monetary system will remain just hopes far from reality, due to the American control, which will exercise its continuous role for more than 7 decades of controlling monetary and financial policies worldwide. LINK
KTFA Monday Night CC with Frank26 and Team "They are Telling Them: 7-19-2021
.KTFA:
KTFA Monday Night CC
Frank26: 7-19-21……THEY ARE TELLING THEM
This video is in Frank’s and Team’s opinion
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
Trevor: what color is that suit???????????????????????????????????????
Clare: THE COLOR IS CHAMPAGNE - FRANK WILL EXPLAIN IT ON THE CC
KTFA:
KTFA Monday Night CC
Frank26: 7-19-21……THEY ARE TELLING THEM
This video is in Frank’s and Team’s opinion
Playback Number: 605-313-5163 PIN: 156996#
What Frank’s suit color’s mean…. FRANKS SUIT COLORS 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 FAB 4 ... GOLD = CHANGE
Trevor: what color is that suit???????????????????????????????????????
Clare: THE COLOR IS CHAMPAGNE - FRANK WILL EXPLAIN IT ON THE CC
Iobey777: I’m thinking it means it is time to Celebrate!! IMO!