All Set for a Stable Zim-Dollar

All set for stable Zim-dollar

November 10, 2019

As the Reserve Bank of Zimbabwe releases $2 coins into circulation tomorrow ahead of the introduction of $2 and $5 Zim-dollar notes, Finance and Economic Development Minister Professor Mthuli Ncube is convinced all fundamentals are now in place to ensure a stable local currency.

The finance chief said in two years, the US dollar overhang among individuals and businesses will be over as measures put in place will stabilise the Zimbabwean dollar, thereby making it the currency of choice.

He said that the new coins and notes are not a new currency as misconstrued by some sections of the media and society. Rather, a new currency was introduced in June when Government outlawed the use of multi-currencies.

The $2 coins as well as the $2 and $5 notes will be interchangeably used at par with existing bond notes and coins.

Minister Ncube said austerity, which has run its course, had delivered what it was meant to deliver, that is a balanced budget. The new thrust is now on consolidating the gains and job creation.

He said the issuance of the paper money completes the monetary sector reforms, which saw Government introducing a raft of measures to rein in Zimbabwe’s economic woes.

The Finance Minister stressed that Government is committed to currency stability and is aware that cash unavailability has been instrumental in pushing prices up, hence the need to bring in the new notes and coins, albeit in a non-inflationary way that will see RTGS balances being swapped with the cash.

Prof Ncube was speaking to the media in the capital on Wednesday.

“This is how we are declaring that this era of intense tough reforms and austerity is over. We are now switching over to productivity and job creation,” he said.

Speaking on the twin deficits that have plagued Zimbabwe’s economic reforms for a long time, Prof Ncube said Zimbabwe is on course to reduce its budget deficit to 4 percent of Gross Domestic Product (GDP) by year-end.

“We have been running surpluses. We know that by year-end, we are going to be in deficit. The twin deficits are now under control, you have no reason to worry. The current account and fiscal deficit needs to be contained so that we can support stability. If you have problems with those two areas, that will contribute to currency instability for sure.”

Zimbabwe has met its critical target of dealing with the fiscal and current account deficits, with the first half of the year recording consistent fiscal surpluses and a substantial improvement in the current account balance.

For the first time since 2009, the country’s current account registered a surplus of $196 million in the first quarter of the year.

However, the twin deficits are not the sole panacea for currency stability.

Government has therefore also managed to stop the central bank’s quasi-fiscal operations such as providing direct funding for projects. It has also managed to rein in several of its own expenses.

“Our target has been not to touch the RBZ overdraft window. We have not borrowed a single cent from the RBZ. We are not interested, give the RBZ its independence, we do not use the RBZ as a cash box,” declared Prof Ncube.

Government’s financial discipline has enabled it to embark on major infrastructural projects through locally generated resources.

Since the declaration of the state of disaster on our roads in 2017, Government has been on a blitz to spruce up both urban and rural roads, including the Lupane-Nkayi Highway, the Bulawayo-Victoria Falls Road and the Kamativi-Binga Road, among many others.

Among other social protection programmes that are again funded from the local purse, Government has acquired buses for the mass public transport system and more are on their way. On Friday, President Emmerson Mnangagwa commissioned 79 new Zupco buses to add on to the fledgling fleet.

It is particularly important to note that all these developments are taking place as the country is smarting from the effects of a devastating drought as well as Cyclone Idai, which ravaged some parts of the country earlier this year.

Prof Ncube further said the 2 percent intermediated trnasfer tax, which he said will be maintained as it continues to avail funds for the aforementioned projects, medical drugs and fertilisers. The 2 percent tax has also solved compliance issues with regards to defaulting corporates and those in the informal sector.

For proper functionality, an economy requires cash in circulation to be between 10 and 15 percent of the broad money supply. Currently, the cash in circulation is significantly lower at about 4 percent of the money supply, hence the RBZ’s move to gradually increase the supply.

“The circulation target is about 15 percent but we can’t get there in one year. We have to control the gap in money supply,” said Prof Ncube.

RBZ Governor John Mangudya has said injecting the cash will be done gradually over the next six months.

The new notes and coins are expected to thwart the growth in cash premiums that have been eroding the value of electronic money.

Meanwhile, the Finance Minister has said good times lie ahead.

“On the prices, please be patient. I know that prices are not very stable and the wages are not where we would want them to be. But we have to bear in mind that we have tried to do currency reforms at high speed, we therefore should expect bumps.

“But Government finances are in good hands, that I can assure you. The bumps will ease soon.”

Prof Ncube will present the 2020 National Budget on Thursday. He is expected to prescribe a host of policies that will give oomph to the economy and build the local populace’s confidence in the new currency.

https://www.thezimbabwemail.com/economic-analysis/all-set-for-stable-zim-dollar/

Thoughts From DJ "Controlled Opposition" Late Sunday PM

DJ:  DID YOU KNOW?

Recently, one of our readers steered me to an interview with G. Edward Griffin, author of “The Creature From Jekyll Island”. It inspired some simple thought revelations like “hiding in plain sight” and “controlled opposition”, things I had been aware of but had not applied to some nagging questions that linger in the back of my mind.

Mainly the question of, what will be the true outcome of a GCR/RV ? What will be the real end scenarios of post-RV?

Throughout history, almost all Governments have used the technique of “controlled opposition” to trick, subdue and divert attention away from the actual opposition, aided and abetted by the complicit mainstream media. In recent times most are now aware of the complicity of mainstream media, which has taken a major hit from the confidence factor of the viewing public.

This lack of confidence in the public of the “truth in reporting” has migrated to alternative media via internet. But, make no mistake, the bigger and more popular the alternative media organization is, the more the more the possibility of controlled opposition.

No matter the media outlet, the primary goals are to dominate, lead and control the 'opposing narrative' and divert the public’s attention away from the facts i.e. it is not opposition in any way, shape or form. Rather, it is manufactured opposition designed to look like real/true opposition.

As an example, did you know, that once the Federal Reserve Act was created in 1913 and submitted to congress by Senator Aldrich it had to be sold to the American people? Remember the Federal Reserve is a cartel. A cartel of bankers. Just like there are shipping cartels, oil and trade cartels.

 It is any group of individuals or companies with similar interest who join together to control prices and limit competition. When the Fed was attempting their sell campaign to the public, to be the ones who would control and print currencies, actual members of the bank cartels came out and lobbied against its own agenda.

 The public then viewed it as “well if the bankers don’t want it, and bankers are all crooks, then it must be good for us”.

The concern arises that “we the people” are the opposition and are we being controlled with the constant bombardment of narratives being delivered in the GCR/RV arena? These narratives talk a lot of truth because if they didn’t, they would be easily identified.

If a large number of people know about the RV, it is most likely because they want us to know it. We are being systematically groomed into a new financial system. But who will be in charge of the new system?

No one asks the question because we are so frustrated and over the old system we readily accept the new one. We are the opposition and we are being controlled. We all want to jump off the burning ship, (and the banks started the fire) with no thought that the waters we are jumping into could be shark (bankers) infested.

There are examples throughout history where the powers- to- be create the problem only to arrive with the solution. The housing crisis, the great depression, most every war that has been fought and now a global financial meltdown. They create a solution then look for a problem to apply it to.

They create a cure for a disease and if there is no disease. they create one and they have the vaccine. If you want to apply this to today’s environment, look at the QFS.

Quantum mechanics has been around for decades but it did not have the capacity to integrate with working systems. Mainstream technology had to catch up. A solution looking for a problem! No problem? Create one! Controlled opposition!

The global money supply (printing of money) has been expanding at unprecedented rates. That money is then converted into hard assets ie: gold, silver and real estate. When the old system collapses who will be holding all the hard assets?

So overprint non-asset backed currencies, imbed non-secure financial systems through a gambit of mechanisms and institutions globally that were destined for failure.

hen let the people know, who in turn will overwhelmingly oppose it and be more willingly to accept a new system presented to them that is secure and asset backed. But who will hold those assets, and thereby control the new system?

The point to all this is “be aware”. In the past, at the times we the public were being manipulated, we were unaware of it. Only years later when we look back do we see what actually happened. Do not be complacent and keep a vigilant eye on things that are presented as too good to be true.

There is always a hidden agenda and the more awake that you are, the easier it is to recognize one of them. It is an on-going process of awakening. Don’t be so quick to drink the Kool-Aid.

Secure a portion of your new-found wealth in hard assets, so no matter what trickery, hidden agenda or system that will ultimately surface, you will be positioned to integrate seamlessly.

Remember "half the battle is knowing you’re in a fight”.    DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=135185

CBI Rate Conversion Chart US Dollar Against Dinar

CBI Rate Conversion Chart US Dollar Against Dinar

By Muhammad Ali

How will the CBI list the rates of the US Dollar against the Dinar on their website?

This article, written by myself, was emailed to Dinar Recaps and posted on their site this past June 14th, 2019.

Dear Recaps, I hope this little bit of clarification will shed light on many souls.

I believe, something very, very interesting is happening at the Central Bank of Iraq.

I will give you some history so you understand clearly what is happening.

Btw, so far no Intel gurus have picked up on this, I may be the first.

Many of you will start to remember, back in August 2017, the CBI had a "second" website (cbi.3eyon-host.net), which was linked thru the statistics section of the main website.

What was interesting and important to note back then, was the rate listed on the second website was $1usd = 1.20 dinars.

Then the 2 websites merged and this rate disappeared and was never to be heard of or seen again.

......... Until yesterday. .... Boooom!!!!

Yes, very interesting, that the Central Bank of Iraq has mentioned this $1 USD = 1.20 Dinars rate.

This is the first time since 2017.

And this has me, really excited!!!!

Yesterday, Dinar Recaps made the post and KTFA Millitia Man commented on this as well.

So the question you need to ask; is why are bringing this up again when they hid it since 2017???

I believe the reason why is that the rate is about to change.  God willing.....booooomm!!!!  I love saying that word!!!! Hehehehe.

Now, just as reminder of how the CBI will list the rates.

1.20 Dinars = $1 USD

So remember how it works as the value of dinar decreases against the US Dollar, the value of the US Dollar increases.

So if the value of the Dinar now is 1.20 Dinar to $1 USD, and it drops to 0.50 Dinars to $1 USD.

If means the base rate will be $2 USD per 1 Dinar.  So making an IQD 25,000 note = $50,000 USD.  Got it?  Is it getting clear to you?

So do not get confused with rates that are posted by Intel.  You have to question and ask yourself where did they get that rate from?

Was it direct from the CBI? Or from XE?

XE will list the rate as $2USD = 1 Dinar (IQD), whereas the CBI will list it as $1 USD = 0.50 Dinar.

These are not two different rates; they both mean the same thing.

I added the chart below for your reference.  Save this chart...or print it and keep it handy as when the CBI finally makes the change this is how they will list the rates.

 $ Rate = CBI's website rate conversion.

$ .86 = 1.162

$ 1.00 = 1.000

$1.17 = 0.854

$1.86 = 0.537

$2.00 = 0.500

$2.50 = 0.400

$3.00 = 0.333

$3.22 = 0.310

$3.46 = 0.289

$3.50 = 0.285

$3.86 = 0.259

$4.00 = 0.250

$4.10 = 0.243

$4.40 = 0.227

$5.00 = 0.200

Ok, I hope this explanation helps you to get excited and understand the process.

Any questions please send me an email to currencyexchangeplanner@gmail.com

My website is www.CurrencyExchangePlanner.com

Thank you so much,  Muhammad Ali

https://www.currencyexchangeplanner.com/article-2

Will The Dinar Come Out 1 To 1?

Will The Dinar Come Out  1 To 1? 

By Muhammad Ali

Will The Dinar Come Out At 1 To 1?  I think not!  And here's why...

​The question on everyone's mind is will the dinar come out at 1 to 1?

Based on my opinion and the following evidences, i think not!

Let's talk about what a 1 to 1 in country rate really means.

There is a misunderstanding about what this means, even among the Intel.

At first sight, you will think it is 1 Dinar = $ 1 USD.

Firstly, if you think logically, an in country rate makes no sense at all.  How do you have an in country rate?  There is no such thing.

So this is the first thing I need to clarify.

I'll use the Malaysia Ringgit as my example.  Mainly because, I live in Malaysia, but what I am about to explain pertains to everyone regardless of what country they are in.

If I walk into the bank with an RM50 note and ask the bank teller to change it for me.

The teller will give me, 2 x 20 + 1 x 10 =RM50 or another possibility,

5 x 10 = RM50 or

1 x 20 + 3 x 10 =RM50

There are all kinds of combinations that the bank teller can give me.  But the key point I want you to realize here is the teller will only give me up to RM50...that is the meaning of 1 to 1.

I gave the teller RM50; the teller must give me back the equivalent to RM50.  This is 1 to 1.

If I gave the teller an RM50 note and they gave me RM100 back, then that is not 1 to 1.  More like 1 to 2.

If I bought a drink for RM5 and gave the cashier an RM20 note, they will give me back RM15 in change.  This is 1 to 1.

So the 1 to 1 just means...1 dinar = 1 dinar.

Secondly, if we look at the bigger picture, we must remember that there are 2 processes taking place.  What will happen in the country of Iraq and what will happen outside of Iraq?

For the Iraqi citizen, they will take their 25,000 dinar note to the bank and the bank will change it to 25 Dinar note.  This will be 1 to 1.  However, the new 25 Dinar note will be at an increased purchased power. 

Once their RI (re-instatement) happens, all the prices of goods and services will be re-adjusted.  For example, if a loaf of bread cost now at 1000 Dinars then after the RI it will be 1 Dinar.

If a car was 1,000,000 Dinars, then after the RI, it will be 1,000 Dinars.

In Malaysia, if you go to the store to buy a loaf of bread and the price tag says RM3.00; would you take out your calculator and start calculating the rate of exchange???  Of course you would not. 

You take the bread to the cashier and give them an RM 5 note and they give you back RM2 in change.  There is no rate of exchange and no calculating.    That is 1 to 1.

So for the local Malaysian citizen, he will never phantom the concept of an exchange rate, his whole life will be around the Malaysian Ringgit and the Ringgit only.

So this goes for the local Iraqi citizens.

So please use your own country as an example to understand what I am saying.

Now, outside of Iraq, the 25,000 Dinar note will remain as 25,000.  No zeros will be deleted.

So this brings us to the question of will Iraq LOP (Loss of Profit) the Dinar?

In the past, countries who suffered from hyper-inflation did cut zeros from their notes.

Iran and Iraq have inflation but they are not suffering from hyper-inflation.  This is why they can still retain the full value of their notes.

The highest denomination in Iraq is a 50,000 Dinar note and in Iran is the 100,000 Rial note.

Turkey, for example, in 2005 cut zeros from their notes.  They did a LOP, because they had hyper-inflation.  Turkey had up to 10,000,000 million Lira denomination bank notes.

And once again, Iran and Iraq does not have hyper-inflation.  These are two of the world’s wealthiest countries.

To understand why there must be two processes an in-country process and an out-country process, let’s look at it from a different perspective.

Remember, outside of Iraq 5% of the world is holding Iraqi dinars... 95% of the world is not... That means 5% will become millionaires.

However, inside Iraq, 100% of the citizens are holding Iraqi dinars.  If 100% of the citizens become millionaires the entire country will stop working.  It would basically shut down to a halt.

Who wants to work when you're a millionaire???

So Iraq must have a different process for their citizens.

Remember also, that the Central Bank of Iraq is speaking to its citizens.   They are educating their citizens.  The CBI does not care about you or me; they are not talking to us.  They will not tell you there are two processes.  That will only just confuse the citizens.

This is why dinar land is confused.  Because they do not realize the fact that the CBI is not talking to you (us) but to their citizens.  The CBI is only telling the process that is of concern to their citizens.

So remember this when you read news from the CBI or from Intel.  The CBI is not talking to you (us).

Now, another reason why I believe this concept of a 1 Dinar = $1 USD rate is wrong, the CBI is about to re-instate the Dinar.

Think about what that means? Re-instate.

If we look up the meaning of the word re-instate in the dictionary.  It says:  restore (someone or something) to their former position or state.

So let me give you some evidence to this fact.

Here is an article linked directly to the United Nations website.

http://www.un.org/en/ga/search/view_doc.asp?symbol=S/PRST/2014/20

The date of the Article is 19 September, 2014.

The relevant part is on the second page and the second last paragraph.

It states:  …”and further recognizes the importance of Iraq achieving international standing equal to that which it held prior to the adoption of Resolution 661 (1990).”

United Nations has said officially stated that they recognize the importance of Iraq achieving international standings equal to that which it held prior to 1990.  

And what was their rate before 1990?

It was 1 Dinar = $3.22USD or 1 Dinar = RM13.50, or 1 Dinar = $4.50 SGD or 1 Dinar = $4.30 Canadian or 1 Dinar = $4.50 Brunei Dollar...and so on.

There are 2 points that I am making here:

First, the dinar will be connected to every currency in the world.

Second, the United Nations has already said that it is important for Iraq to go back to their pre-1990 rate.  So how can it be 1 Dinar to $1 USD?

It is the same thing, as if you were to take your Malaysian Ringgit to any money changer and you ask them to convert it to any currency in the world.    The money changer will state the buy and sell rate.  There is no base calculating rate.   There is no in-country base rate in Malaysia.

The rates are based on a central bank in one country and a central bank in another country and what they agreed upon.

For example, the Central Bank of Iraq and Bank Negara Malaysia.  Bank Negara Malaysia will instruct the Central Bank of Iraq that if anyone wants to change Iraqi dinars either buying or selling using Malaysia Ringgit this is what our rate will be.

Just understand that the central banks work together to give their rates.

So when you exchange your currency it will be between RM and IQD or if you are in Singapore, SGD and IQD or if you are in Canada, CDN and IQD or if you are in the USA, USD and IQD, etc…etc.

The rates will be fixed by the central banks of each country.  Neither by the United States of America nor their Treasury department will have any involvement in the rates.

Now let’s just take this a little further and talk about the $3.22 USD to 1 Dinar rate.  The pre-1990 rate.

Many years back, it was stated that the IMF would add 20-30% for Inflation to the Re-Instated rate, from the 20+ years of U.N. sanctions on Iraq.

So this would bring the rate between $3.86 USD to $4.19 USD.  So this is what I believe will be the range of the RI rate for the Iraqi Dinar.

Once Iraq completes their RI, the Dinar is already international and we may begin our exchanges.

Once the Dinar is on the international open market, the rate will be pushed up and this is what I refer to as the RV stage.

Some say RD/RV/RI and some say RD/RI/RV, it doesn’t matter and it is not really relevant to debate this issue as it depends upon ones understanding and interpretation of the entire process.

Once Iraq RI’s or RV’s the Dinar, the important thing is… we are done!

So I hope my article helps you to understand the 1 to 1 from my logical perspective.

Any questions please send me an email to currencyexchangeplanner@gmail.com

I am the creator of the Currency Exchange Planner, an excel spread sheet, which is the most advanced and affordable planning tool for the Dinar Community.

Try the FREE Download version to test run or BUY the full version for a One-Time low price of $25.  This includes free updates in the future.

My website is www.CurrencyExchangePlanner.com

Thank you so much,   Muhammad Ali

https://www.currencyexchangeplanner.com/article-1

10 Lessons from Benjamin Franklin's Daily Schedule that will Double Your Productivity

From the Dinar Recaps Archives originally posted on 6/2/2019

TNT: LounDebnc:

10 lessons from Benjamin Franklin’s daily schedule that will double your productivity

Benjamin Franklin is best remembered as one of the Founding Fathers of the United States, but he achieved much more in his lifetime.

During Franklin’s 84 years alive, he invented the lightning rod, made significant discoveries in physics and population studies, wrote best-selling books, composed music and played the violin, harp and guitar at a high level, founded many civic organizations, including the University of Pennsylvania, and much more.

How did Franklin achieve so much more than his contemporaries, given he had the same 24 hours each day to get things done? The answer to this question lies in Franklin’s daily schedule.

Here’s how it works, including 10 lessons that will double your productivity this week.

Create a list of values to live by

Before putting pen to paper on his daily schedule, Franklin created a list of virtues to live by.

He referred to these as his 13 virtues: a list of values designed to help guide his daily schedule.

Here’s the list of Benjamin Franklin’s 13 virtues:

1. Temperance: Eat not to dullness and drink not to elevation.

2. Silence: Speak not but what may benefit others or yourself. Avoid trifling conversation.

3. Order: Let all your things have their places. Let each part of your business have its time.

4. Resolution: Resolve to perform what you ought. Perform without fail what you resolve.

5. Frugality: Make no expense but to do good to others or yourself: i.e. Waste nothing.

6. Industry: Lose no time. Be always employed in something useful. Cut off all unnecessary actions.

7. Sincerity: Use no hurtful deceit. Think innocently and justly; and, if you speak, speak accordingly.

8. Justice: Wrong none, by doing injuries or omitting the benefits that are your duty.

9. Moderation: Avoid extremes. Forebear resenting injuries so much as you think they deserve.

10. Cleanliness: Tolerate no uncleanness in body, clothes or habitation.

11. Chastity: Rarely use venery but for health or offspring; Never to dullness, weakness, or the injury of your own or another’s peace or reputation.

12. Tranquility: Be not disturbed at trifles, or at accidents common or unavoidable.

13. Humility: Imitate Jesus and Socrates.

Even though this saves time upfront, it wastes valuable time, willpower and energy, that could’ve been spent working on important tasks straight away.

To avoid this problem, Franklin made sure to clean up his work space and put things back in order before leaving the office each day.

This ensured that Franklin had enough willpower each morning, to tackle the tedious tasks in the long day ahead.

To continue reading, please go to the original article here:

https://www.theladders.com/career-advice/10-lessons-from-benjamin-franklins-daily-schedule-that-will-double-your-productivity

"The Death of a Sick System" by Rinus Verhagen

The Death of the Sick System

By Rinus Verhagen, Contributor

The downfall of the fascist unelected corrupt EU along with corrupt NWO governments.

Many EU countries are expanding their GOLD stock for the upcoming introduction of the GOLD STANDARD.

Why do I expect that the own currency will be reintroduced for each EU country?

The curse known as the Euro has collectively impoverished us and has reduced our prosperity, so we can say from experience that it has proved to be a financial cancerous tumour.

The EU gangsters working on behalf of the Central Bankers and Multinationals (Comité 300) cannot stop or stop the change, due to the collapse of the Fiat Money System.

Several countries are preparing their populations to re-introduce the GOLD STANDARD.

Banks can no longer produce FIAT money through the introduction of the new money system via the QFS that has already replaced the old Swift system for the CIPS payment protocol.

The new GOLD covered money system is available for 209 sovereign countries, as the EU is not a sovereign country the no money will get from the new world funds.

Any organisation that has no money (EU and UN) or source of income will no longer be able to exist, which will result in a natural purification of unelected fascists.

The Brexit initiative has awakened the people of Europe to the hope of getting rid of the communist EU.

The Bilderberg Nazis could not have foreseen that they would perish because of their own corruption and money policy.

The euro could be saved if all the member countries were to merge their own GOLD in order to give the euro a GOLD.

Whereupon I suspect that the individual countries do not go so far with their loyalty to uphold the EURO curse.

If a Bank is worthless, and their Derivatives debts are greater than the value of this Bank, this Bank is simply bankrupt, and the Derivatives debts will never be and never will be paid.

This is also the reason why Banks no longer lend to each other and the ECB and FED have buyout programs to keep their sick system alive for a while.

Underlying the idea that the world's population should bear the cost of their FIAT debt deception.

https://www.nexusnewsfeed.com/article/geopolitics/claim-germany-s-deutsche-bank-has-reportedly-filed-bankruptcy/?fbclid=IwAR1hqxazs3v3m_dJFTTD8j8bkdPeCKDqtv6ZRcqAdWz-PONPhG0gSL_coPM#.XcFESIyeRgs.facebook

Claim: German Deutsche Bank has allegedly filed for bankruptcy.

There will be RUMORS from Germany this afternoon that Deutsche Bank has filed for bankruptcy ONLY.

For the time being, this will NOT be confirmed.

If this did happen, prepare for an economic upheaval like no other in the world.

A company or institution that is bankrupt or has applied for a moratorium will be executed after the Bankruptcy has been declared and will no longer be negotiable on the stock exchange.

By buying the shares of the Deutsche Bank through REPO programs, the illusion is created that the Deutsche Bank can survive this adventure, and that Merkel can continue its demolition policy for a while.

The more uncovered Fiat Money that is pumped into the system does not reach the people who need it, but only the banks to postpone the inevitable implosion of the debt and money system for a while.

We can expect the entire global banking system to turn into a nuclear reaction when the magic limit is reached, because all banks are contaminated with irrecoverable Derivatives and government bonds.

As a result, politicians employed by the Bankers will no longer be able to take on public debts at the expense of their own people.

Tax collection is a form of theft to keep the population in poverty and under control.

There is a worldwide yellow law that obliges the population to pay taxes as a result of the deception by the Bankers of the FED and ECB and Central Banks with their Fiat Money system.

We can call it false structured emotional blackmail with their attempt to persuade us to pay taxes.

If they refuse to pay tax, the governments will no longer be able to pursue their decomposition policy in the way it has been in the past.

All over the world, companies are a branch of their illegal tax office that the rulers have invented in order to be able to continue to expropriate the population, and to control their existence.

Instead of Demonstrating, it would be much more effective if we stopped paying imposed taxes, out of the labour of the individual population.

Earning is an understanding for rewarding your effort, if you want to earn by stealing we can't say that these are fair merits.

A tweet by Jesse Klaver, originally named Yasser Ferras, and leader of the Green Left political party.

Yasser has a low IQ so that his mathematical performance does not entirely match his perception and pronunciation, and he emerges as an Environmental Tax Terrorist comes up with the following proposition.

If we do not increase VAT by 3% but by 5% from 21% to 25%, we will earn 18 Billion, of which 15 Billion will go to clean energy.

Now for the calculation: 6 Billion Windmills (unprofitable Bird and insect shredders).

2 Billion for raising Teacher's salary to maintain left-wing indoctrination.

4 Billion for subsidy the people with the lowest income = total 12 Billion, remains us the question where the rest of the 18 Billion remained in his calculation model.

Wind energy is unprofitable, because there is not always wind, and because of this other power plant have to take over the production.

What we do need are the political friends who have an interest in producing these wind turbines.

He has clearly suffered a blow from a blade of the windmill given his Low IQ statements.

The population sees him as a Green Environmental Clown and not a math wonder.

Windmills don't run on wind but on subsidies, Green Acorn.

Jesse Klaver (Yasser Ferras), who was born a Moroccan with a late IQ, wants the Netherlands to solve the Greta CO2 problem only for the world.

This means that the Dutch population (further expropriated) on top of the existing taxes of now 89% total, will have to pay 1000 billion over the next 10 years.

This would mean that we would have a Negative Gross National Product, where there would be no more income from labor for the population.

https://www.elsevierweekblad.nl/nederland/achtergrond/2016/09/jesse-klaver-mikpunt-van-spot-ik-lijk-best-op-obama-367128/

Jesse Klaver sees Obama as his example, Yes we can. https://www.youtube.com/watch?v=hcMCUppgH9Y

His corruptness will not be much less than that of Obama, and his False propaganda, By copying the Obama speech.

By depriving governments of unlimited loans to the corrupt Bankers, by introducing the GOLD-covered new Money System via the QFS, the political criminals have also been eliminated.

This will restore self-determination to the population.

Police, army and civil servants will no longer receive any income from a corrupt government, which means that they are no longer allowed to protect the current false political prophets in order to maintain their crime policy.

Farmers, Construction and Earthmoving companies, realize the power you have together with the people to bleed the corrupt political dead financially.

The Netherlands is not equipped to enforce so many tax collection cases, the new system will be in place before this becomes a reality.

We no longer allow ourselves to be used as slaves to the Bankers and corrupt governments.

On the tax contributions of left-wing morons and Antifa, a sick policy can't survive.

In lawless politics, a committee secretly makes secret agreements behind closed doors to keep oppressing the Dutch.

The population is expected to compensate the income of the EU by Brexit in order to be able to push the NWO through in Europe.

These are turbulent times in which we are now living, in which we are going to stand up and say that we are no longer taking part in this.

We must be completely non-violent in raising our fingers and noses at the criminals in politics.

This is the result of a further loss of confidence in this sick system, to which many people are now beginning to turn a blind eye because of the silent and insidious oppression to which we have been subjected.

Source: Operation Disclosure

https://inteldinarchronicles.blogspot.com/2019/11/rinus-verhagen-death-of-sick-system.html

How Much Currency Is Enough?

How Much Currency Is Enough?

#4  By Muhammad Ali

I met with a husband and wife and they had bought 10 notes of Iraqi Dinar.

The wife asked me, "Mr. Ali, is this enough? "

 So I replied, "What do you mean by enough?  Enough for what?"

She said, "For our future."

My reply was this.  There are 3 groups of people in this investment.

1.  Those who buy a few notes of currency, enough that will be able to settle their debts, but they will still need to work after the RV.

2.  Those who buy more currency, enough to settle all of their debts and have enough to retire for their lifetime so they won't need to go back to work.

3.  Those who buy a lot of currency, enough to settle all of their debts and retire and be able to plan for their next generations.

So I said, "You need to think carefully and decide which group number you want to be."

With rising costs in Malaysia, new terrace homes range from RM400k-600k and semi-d houses are selling for RM1 million.

I was in Putrajaya and saw some bungalows next to the water selling for RM3 million.

Even in Singapore, housing prices are skyrocketing and now they cannot even buy HDB flats anymore using their CPF retirement funds.

So the questions you need to ask are, after the RV, what do I plan do?

Stay in my present house?

Buy a new house?

Do I want to continue working?

Do I want full lifetime retirement?

Do I want to help my future generation(s)?

 So once you have answered these questions, check the amount of notes you have and do your calculations.  I have already stated many, many times what the expected rates will be.

My Currency Exchange Planner is an awesome tool to help with your planning.  Enter in your currency and the estimated rates and see your net worth instantly.

I have stated many, many times that this is a once in a lifetime opportunity.

 However, for most or all of you, the first thing you will regret after the RV, is that you did not buy more but by that time, it will be too late.

Also, I advise all of you to check your currency.  Make sure it has not been misplaced or lost.

I have had several people within my group misplace their currencies during a house move or just forgetfulness.

I hope my article has been of some interest to you.

Any questions please send me an email to currencyexchangeplanner@gmail. com

I am the creator of the Currency Exchange Planner, an excel spread sheet, which is the most advanced and affordable planning tool for the Dinar Community.

Try the FREE Download version to test run or BUY the full version for a One-Time low price of $25.  This includes free updates in the future.

My website is www.CurrencyExchangePlanner.com

Thank you so much,  Muhammad Ali

https://www.currencyexchangeplanner.com/article-8-how-much-currency-is-enou

Will Iraq Make A New Currency And Cancel The Old One?

Will Iraq Make A New Currency And Cancel The Old One?

By Muhammad Ali

OK this question seems to float around the groups.

But the answer is very logical and simple.

Firstly, we need to understand and realize that what we are holding are not just pieces of paper.

They are LEGAL TENDER.  So what does that really mean?

They have International Monetary Laws behind it.

So who governs and monitors these laws?

The IMF and the BIS (Bank of International Settlements).

The Governors of the respected country's Banks are not employees of the country, but to the BIS.  So they need to report directly to the BIS.  You can say that the BIS is the Boss of all the central banks around the world.

Presidents and Prime Ministers of countries UNDER THE BIS system of banking...have absolutely NO CONTROL over the countries monetary policies.

There are only 3 countries left in the world that are not under the BIS Elite's banking system control.  For those the countries the leaders dictate the banking system.

Iraq and Iran were among those countries previously NOT under the Elite's banking system control... HENCE ... The GULF WAR...hence the Sanctions and so called nuclear threats from Iran.

Now, both of these countries have given into the Elite's system, and since then, sanctions removed and etc.etc.

OK back to the original question.  Will Iraq cancel the old money when they come out with a new one?

So just to clear this up again, a bank governor, nor PM, no president can dictate monetary policies.  They cannot just cancel currencies.

Everything has procedures and steps to follow.  There is a system to demonetize a country’s money.

You have to remember and by adding some simple logic you will remove all doubts from your mind.

I will give you an example.

You have worked the whole month and today is the 31st, you have received your wages of $3000.

You are very happy right!  You can now pay your bills, house, car, hydro, telephone, water etc.

And tomorrow is the 1st of the new month you plan to take your family out for a celebration dinner at everyone's favourite restaurant.

Happy life right.  Thank God!

So next day comes around and THERE IS A BIG ANNOUNCEMENT BY MONETARY AUTHORITY OF MALAYSIA.

ATTENTION CITIZENS OF MALAYSIA

 STARTING TODAY WE HAVE INTRODUCED A NEW CURRENCY.

 IT IS CALLED THE BLING RINGGIT

THE PREVIOUS CURRENCY CALLED THE MALAYSIA RINGGIT IS NO LONGER VALID!  BURN IT, USE IT AS TOILET PAPER, WE DO NOT CARE BECAUSE WE CANCELLED IT!

 END OF ANNOUNCEMENT

OK!  Now the tears start rolling in.

So after hearing this announcement, the $3000 that you just received yesterday for working 10 hour shifts, 6 days a week is now worth ZERO!  The Money in your bank account also worth ZERO.  Any Mutual funds or stocks you own are all worth ZERO.

So, now you have absolutely ZERO money...absolutely NO SAVING because any money you did have (RM) is now cancelled.

So what about that celebration dinner?  Well no money ... so that is cancelled too.

So after hearing this ANNOUNCEMENT from the Malaysia Central Bank, you decided to head off to work.

Only to find your work place has CLOSED UP.  Because ALL of the money your employer had in the bank is now also worthless.  So the Employer CLOSED DOWN.

So you go home, depressed.

Only to find, there is NO electricity.  Why? Because you didn't pay your electric bill.

So you go to the kitchen to have a drink of water because you're thirsty. NO WATER!

WHY?  Because you didn't pay your water bill.

So you decide to call the Electric Company and Water Company to complain but your telephone does not work too.

WHY?  Because you didn't pay your telephone bill.

HOW TO PAY WHEN THE $3000 you received from your monthly salary is now cancelled and worthless?

Then you look out the window and see the REPO MAN taking your car.

 AND FINANLLY the BANK shows up at your door telling you to EVICT IMMEDIATELY because you haven't paid your house payment.

 Isn't this a very sad and scary story but hey WAIT it’s not over, the same thing has just happened to all of your neighbours.

NO WAIT! Everyone in your entire city!

CAN IT GET ANY MORE WORSE?

YES, the ENTIRE population of Malaysia (35 Million people) are NOW HOMELESS and living on the streets.

SO CAN YOU NOW SEE WHY IT IS CRAZY TO THINK THAT A CENTRAL BANK CAN JUST CANCEL A COUNTRY'S MONEY?  A DECISION LIKE THAT WILL AFFECT EVERY SINGLE PERSON IN THE WHOLE COUNTRY.

We are also talking about the lives of 30 million people inside Iraq.

THINK ABOUT IT.

So please think carefully about the little story above.

Can any Country simply make a NEW CURRENCY and CANCEL THE OLD ONE?

YES THEY CAN BUT!

THEY MUST ADHERE TO POLICIES SET BY THE IMF AND BIS (BANK FOR INTERNATIONAL SETTLEMENTS)

MEANING THAT, THEY MUST ALLOW THE CITIZENS OF THAT COUNTRY TO "TRADE-IN" and "EXCHANGE" THE OLD CURRENCY FOR THE NEW ONE.

AND!

THEY MUST GIVE AN ADEQUATE TIME FRAME.  1 DAY OR 1 MONTH IS NOT ENOUGH TIME.

As for Iraq we know that the Governor of the Central Bank of Iraq has stated that the new money and the old money will trade together for a period of 10 years.

So you do not need to be in any rush to exchange after the RV.

OK A LONG ANSWER, BUT I HOPE IT'S CLEAR.

I hope my article has been of some interest to you.

Any questions please send me an email to currencyexchangeplanner@gmail .com

I am the creator of the Currency Exchange Planner, an excel spread sheet, which is the most advanced and affordable planning tool for the Dinar Community.

Try the FREE Download version to test run or BUY the full version for a One-Time low price of $25.  This includes free updates in the future.

My website is www.CurrencyExchangePlanner.com

 Thank you so much,  Muhammad Ali

https://www.currencyexchangeplanner.com/article-9-will-iraq-make-a-new-curr

The Secret Symbols on the Back of the Dollar

The Secret Symbols on the Back of the Dollar

US Dollar Symbols and Denominations

By Kimberly Amadeo   Updated August 19, 2019

The U.S. dollar is the most powerful currency in the world. It's backed by the world's third-largest economy, the United States of America. The strength of the U.S. economy supports the dollar's use as a global currency. The U.S. dollar was first designated the world's currency in the 1944 Bretton Woods Agreement.

The term U.S. dollar refers to a specific denomination and to the U.S. currency in general. It was initially traded as a coin worth its weight in silver or gold. Then it was exchanged as a paper note redeemable in gold. In the 1970s, the gold standard was dropped and the dollar's value was allowed to float. Today, although its value fluctuates, it's in strong demand.

Although the dollar is still represented by currency, its true value is represented by credit. Now more than ever, the U.S. dollar is the real symbol of faith in the power of the U.S. economy.

U.S. Dollar Symbols

The $ symbol itself is derived from a combination of the P and S for Mexican pesos, Spanish piasters, or pieces of eight. This theory is based on the study of old manuscripts. They show that the $ symbol was widely used before the United States started using the dollar in 1785.

There has been a great deal of controversy surrounding the enigmatic symbols on the U.S. dollar. In fact, the Founding Fathers used the symbols to convey strong messages. They have gotten garbled through the years.

The dollar bill shows the Great Shield of the United States, which contains:

The American eagle flying free, holding 13 arrows of war in its non-dominant left talon and an olive branch for peace in its dominant right talon.

The banner in its beak reads "E Pluribus Unum" meaning “Out of Many, One.”

The shield's horizontal blue band represents Congress uniting the original 13 colonies. These are represented by 13 red and white vertical stripes.

Thirteen stars above the eagle represent a new nation or a constellation in the universe.

Red stands for valor, white stands for purity, and blue stands for justice.

On the reverse of the Great Seal stands an unfinished pyramid of 13 rows, symbolizing strength and duration. The first row reads "1776" in Roman numerals. The banner below reads "Novus Ordo Seclorum" which means "A New Order of the Ages." This refers to a new form of government or "the beginning of the new American Era."

The all-seeing eye of the Divine is bordered by the phrase "Annuit Coeptis." This means "Providence Has Favored Our Undertakings." (Source: “Federal Reserve Bank of Philadelphia,” Symbols on American Money.)

Dollar Denominations

There are 18 denominations in U.S. coins and bills.

To continue reading, please go to the original article here:

https://www.thebalance.com/the-u-s-dollar-3305729

Why Iraqi Dinar is a 100% Win

Why Iraqi Dinar is a 100% Win

Why I always say that this investment is 100% win and zero risk…with proof!

#2  By Muhammad Ali

This article I wrote back in 2015, some of the links may still be working and some may not be, but with some further digging you will still be able to track down the original articles.

However, if you follow the logic flow, everything should be crystal clear.

In this article, I will show you something very special about this investment.  Some say this investment is speculative, however, I say it is guaranteed.

Let me explain more.

Have you ever written a test but before the test you had all of the answers.

Were you very confident when you answered the questions?  Yes of course you were.

Were you confident of the outcome?  Yes of course you were...

If you know all of the answers of a test before the test that means you are guaranteed an 'A+' right?

Well this is what we also know about this investment.  We know the answers and we know the outcome.

So in this post i will prove to you that this investment is 100% WIN and ZERO RISK.

I will focus on Iraq, but our confidence extends to Iran and Zimbabwe as well as Viet Nam and Indonesia (if you are invested with those)

So let's begin:

People wonder if this investment is really a scam or if it can happen or not.  Why do they think this way?  Simply because they did not do their homework and study for their test.

I will clarify many things in this post as well.  So please pay close attention.

Let's talk about lower denominations.

Iraq, Iran, Zimbabwe etc... Cannot change the value of their current currency.

They must, "MUST!" introduce a NEW currency.

Only with this new currency can they change the value/rate.

Some people believe that when Iraq comes out with a new currency, the old currency (what we hold now) will be cancelled and the banks will not accept... RUBBUSH!!!!

After 1944 with the inception of the IMF and World Bank...no country can produce a new currency and just cancel the old currency.

Remember, what we hold is not just a piece of paper, this is legal tender and there are international monetary laws behind this money.

If a country introduces new currency (money), then that country must, Must! Give the citizens of the country an adequate time frame to exchange the old for the new.  This time frame must, Must! Be stated at the time of the introduction of the new currency.

This is according to the procedures of the IMF and the BIS.

So do not worry about when Iran, or Iraq or Zimbabwe produces their new currency.  We are expecting this and we want them to introduce new money.

The citizens of those countries will exchange their old money for the new money but we will not.  We will exchange our old money back to RM or SGD or your local currency for those in other countries.

So again do not worry about this.

So what are the lower denominations?  Denominations are just the type of notes available.  For example:

RM1, RM5, RM10, RM20, RM50, RM100 are the denominations here in Malaysia.

When we say 'lower' denominations, it just means lower numbers compared to the higher numbers like 100,000, 500,000 etc.

Ok let's move on.

So in any investment, we can either make money or we can lose money, this is logical thinking, right?

Same should go with Iraqi dinars, we can either make money or we can lose money, right?

Ok let me explain some more.

Iraq's current denominations are:

Notes: 50, 250, 500, 1000, 5000, 10000, 25000, 50000 (some will remember that the 50 note was demonetized (discontinued)

Here is a picture of the paper money notes: https://williamsbell.files.wordpress.com/2011/04/new-iraqi-dinar.jpg

Coins: 25, 50, 100 (what is important to note. Is these coins were minted in 2003 and were recalled in 2004 because the local people would melt the coins and sell the scrap metal for more value than the coin itself.  So in 2004, the Central Bank of Iraq stopped issuing coins. (Please remember this because i will come back to this later - this is a very important point)

Here is a picture of the coins:  https://ae01.alicdn.com/kf/HTB1RcOMKgTqK1RjSZPhq6xfOFXag/Iraq-Set-3-Coins-25-50-100-Dinars-coins-UNC-Real-Original-Genuine-coin-Asia-Country.jpg_640x640q70.jpg

Ok so as I said, Iraq cannot change the value of the current money, they must, Must! Come out with new money at a higher value in order to change the value.

So there are two options for this:

Option 1:  Iraq comes out with lower denominations like:

1, 5, 10, 25, 50, 100, 200

Or

Option 2:  Iraq comes out with higher denominations like:

100,000 200,000 500,000 1,000,000 notes

So these are the 'ONLY' two possibilities.

So now let's understand the difference between each of them.

If Iraq does option 1, it means they have increased the value of the dinar and we become millionaires.

If Iraq does option 2, it means they have decreased the value of the dinar and we lose our money.

So the question is, which option will they choose???

Now from the beginning of this post, i told you we already know the answer to this question.

So we know the answers to the test before the test!

Since 2012 the new denominations that Iraq wants to change to, has already been printed.

Yes that's right! The new notes are ready and waiting.

From my brother's contacts in IMF, they informed us that the new notes were in fact printed in 2012 by the Thomas de la rue company in Texas, USA and shipped to Iraq.  The notes were actually being stored in Jordan, but we know the notes were sent back to Iraq and were being distributed to the local banks in Iraq.

So the new notes are sitting and waiting inside the banks in Iraq.

So now, back to the question, which option will they choose?

 Option 1   The new notes are 1, 5, 10, 25, 50, 100, and 200.

So if you truly understand what I said, it means that we already know the outcome of this investment.  We already know what currency Iraq will introduce, so we already know that this investment is 100% WIN and ZERO RISK.

Now do I have proof of this information?  I sure do.  Let's look at some proof now.

Proof #1

This website has leaked information about the new notes and what pictures is displaced on each note.

Iraq Discloses Designs For Redenominated Banknotes Slated For July 2013:

 Http://www.banknotenews.com/files/e6aeb4a9a73b43af93fb33b73f0c705d-2193.php

Proof #2

Now do you remember option number 2???  If Iraq brings out higher numbers?

Can you imagine Iraq producing a 500,000 dinar coin?  Or a 1,000,000 dinar coin?

They cannot right?  If they produce a 1,000,000 dinar coin, the citizens again will melt the coins down and sell the metal as scrap.

So here is an article from the Iraqi Central Bank stating "for the issuance of metal coins".

(Link & Info From IQD Team but article not found with use of link)

Http://www.theiqdteamconnection.com/iraq-news/special-parliamentary-commission-of-economy-central-bank-of-the-process-of-coins-of-the-seven-categories-put

Alternate Link  http://dinartrade.org/central-bank-of-iraq-to-process-coins-of-the-seven-categories/

Look here the central bank says it again: to issue coins...

(Link does not work)

Http://www.dinarspeculator.com/showthread.php/77831-formation-of-a-committee-to-issue-coins-of-50-categories-and-100-dinars-pave-the-way-for-the-abolition-of-zeros

Alternate Link -- https://search4dinar.wordpress.com/2015/04/11/formation-of-a-committee-to-issue-coins-of-50-categories-and-100-dinars-pave-the-way-for-the-abolition-of-zeros/

This announcement is very important because it clearly tells us that Iraq will issue metal coins again but with lower numbers.  It would not make any, Any! Logical sense for the Central Bank of Iraq to devalue their money... Introduce higher denomination notes and at the same time introduce coins back into circulation when they removed them in 2004 because people would metal the coins as scrap.

So for the central bank to announce to the world we are issuing coins again tells you something!!!

They will raise the value of the currency.

Proof #3

Ok the next article is from the Central Bank of Iraq and it is telling you something very important.

Http://www.dinarcurrency.com/finance-committee-unveils-deletion-of-zeros-of-the-iraqi-currency-will-start-in-2014/

“.... This will enhance the value and easy to transport, "

Ok let's think about this for a minute.  'Enhance the value' --- not reduced the value.

'Easy to transport'.  The new currency will be easy to transport.

Is this what you would call easy to transport?

Https://samhsublog.files.wordpress.com/2014/01/pd3124971.jpg

No i don't think so.

It means the new currency will have low note values and easy to carry around in your pocket.

Proof #4

Iraq is the world's fastest growing emerging market economy.

Http://www.iraqiembassy.us/in-the-news/iraq-now-fastest-growing-projects-market-after-saudi-arabia-and-uae

Proof #5

Iraq is the richest country in the world.  Not just in oil but in minerals.

Http://www.iraqmining.com/files/iraq.pdf    not found

Alternate Link --  http://www.iraqmining.com/index.php

Alternate Link --   http://www.iraqmining.com/index.php/minerals-materials

Alternate Links –   http://www.iraqiembassy.us/page/economy

https://www.meed.com/?s=Iraq+now+fastest+growing+projects+market+after+Saudi+Arabia+and+UAE

Can you possibly imagine Iraq choosing option number 2: and make higher denominations notes???  No way!!!

It would mean the value would change from 0.00080 USD per Dinar (now) to 0.00000080 USD per Dinar (after devalue).

It is highly improbable for them to do so... It's like being a trillionaire and living in a house the size of a toilet... There is no logic for Iraq to devalue their currency !!!! None !!!

So feel confident in this investment.  We already know the answers to the questions and very important we already know the outcome of this investment.

Just wait for it....

Don't sell your currency because some quack tells you this is a scam...or is sceptical about this investment...

Buy more currency... You will never get this opportunity again... Ever! ... Well ok maybe in 100 years.

Please share this with others.

I hope my article has been of some interest to you.

Any questions please send me an email to currencyexchangeplanner@gmail .com

I am the creator of the Currency Exchange Planner, an excel spread sheet, which is the most advanced and affordable planning tool for the Dinar Community.

Try the FREE Download version to test run or BUY the full version for a One-Time low price of $25.  This includes free updates in the future.

My website is www.CurrencyExchangePlanner.com

Thank you so much,  Muhammad Ali

https://www.currencyexchangeplanner.com/article-10-why-this-investment-is-1

Countries Cancel Their Debts With Iraq

Countries Cancel Their Debts With Iraq  

The Answer To The LOP Question

#1  By Muhammad Ali

PLEASE READ THESE HEADLINES:

Russia Forgives Iraq Billions in Debt

By ANDREW E. KRAMER  Published: February 12, 2008

Oil-Rich United Arab Emirates Cancels Total Iraq Debt

Published July 06, 2008 - Associated Press

 Japan 'willing to forgive' Iraq debt

 (CNN) -- Japan says it is willing to forgive the "vast majority" of its Iraqi debt, but only if other Paris Club members do the same, Japan's Foreign Ministry says.

China Guarantees Future Stronghold In Iraq After Forgiving Saddam's Debt

Joe Weisenthal Feb. 2, 2010, 8:17 AM 3,862 10

France Moves Toward Forgiving Some of Iraq’s Huge Debt

By CRAIG S. SMITH   Published: December 15, 2003

U.S.A. Forgives Iraq Debt To Clear Way for IMF Reforms

By  Brian Dominick    Dec. 19, 2004

While Washington pats itself on the back for forgiving Iraqi debt owed since the 1980s, critics say the relief comes with dangerous strings attached and argue that the debt should have been null and void.

SO THE QUESTION IS……….

WHY DID AMERICA, CHINA, RUSSIA, UNITED ARAB EMIRATES, FRANCE, ENGLAND AND MANY OTHER COUNTRIES AND GOVERNMENT OFFICIALS AROUND THE WORLD FORGIVE IRAQ OF ITS DEBTS???????

ASK YOUR SELF THIS VERY IMPORTANT QUESTION.

IS IT BECAUSE THEY WANT TO PUT ON A KIND PITY FACE TO THE IRAQI GOVERNMENT? I DOUBT THAT.

THE ANSWER IS SIMPLE…. BECAUSE THEY ALL HOLD IRAQI DINARS TO COMPENSATE FOR THE DEBT RELEASE.

MEANING THAT, THESE COUNTRIES DID NOT SIMPLE ERASE THE DEBT FROM IRAQ, THEY WERE GIVEN IRAQI DINARS IN COMPENSATION FOR THEIR DEBTS.

SO THEN THE NEXT QUESTION WOULD BE....WHY WOULD ALL THESE COUNTRIES AND OTHERS, CANCEL THEIR DEBTS WITH IRAQ IN EXCHANGE FOR A WORTHLESS PIECE OF PAPER?

LET'S SAY FOR EXAMPLE, IRAQ WAS TO REMOVE 3 ZEROS FROM THEIR NOTES...SO A 25,000 NOTE BECOMES 25.

WOULD THESE COUNTRIES STILL WANT TO TAKE AND HOLD THIS CURRENCY IN REPLACEMENT OF THE DEBT?

I DOUBT THEY WILL WANT TO DO THAT.

I AM 1,000,000% SURE THEY WILL NOT DO THAT... MORE SO, ESPECIALLY IF A 25,000 NOTE WILL BECOME 25.

DO YOU SEE MY POINT?

 About 16 or so countries including China and the US hold IQD in their foreign reserves…

The Paris Club (which includes Austria, Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, Norway, Russia, Spain, Sweden, Switzerland, USA, England) forgave $32 billion, China wrote off $6.8 Billion, United Arab Emirates  $7 Billion;  Kuwait took IQD to the tune of $21 Billion..

So that means, these countries have to be holding IQD…so here are the estimates of IQD held:

US:  4.8 Trillion

Other Paris Club 18:  32 Trillion

United Arab E:  8.1 Trillion

China: 7.9 Trillion

Kuwait : 24 Trillion

That means 76.8 Trillion is in these 22 countries reserves alone,

SO WE ARE CONFIDENT IRAQ WILL NOT DROP 3 ZEROS FROM THEIR NOTES...A 25,000 NOTE WILL REMAIN AS 25,000.

 KNOWING THAT COUNTRIES ARE HOLDING IQD, IT GIVES US MORE CONFIDENCE IN THIS INVESTMENT.

 I hope my article has been of some interest to you.

Any questions please send me an email to currencyexchangeplanner@gmail.com

I am the creator of the Currency Exchange Planner, an excel spread sheet, which is the most advanced and affordable planning tool for the Dinar Community.

Try the FREE Download version to test run or BUY the full version for a One-Time low price of $25.  This includes free updates in the future.

 My website is www.CurrencyExchangePlanner.com

Thank you so much,  Muhammad Ali

https://www.currencyexchangeplanner.com/article-11-countries-cancel-debts