"Tidbits From TNT" Wednesday Morning 4-27-2022

TNT

Tishwash:  General Secretariat: Eid Al Fitr holiday starts from Sunday and ends on Thursday of next week

The General Secretariat of the Council of Ministers announced the suspension of official working hours for next Sunday.

And the secretariat stated in a statement, which the Independent received a copy of, that “Sunday, corresponding to 5/1/2022, will be an official holiday, on the occasion of International Labor Day, and the Eid al-Fitr holiday starts from the same day and ends on Thursday, corresponding to 5/222. /5".

And the secretariat indicated that “official working hours will resume in all government institutions, on Sunday, corresponding to 5/8/2022.”  link 

CandyKisses:  Coordination framework: We will participate in the voting session on the Food Security Law

Member of the framework, Ibtisam Al-Hilali, told Shafaq News Agency, "The coordination framework blocs will participate in the session that will be held after the Eid holiday, if the session is dedicated to voting on the draft law on emergency support for food security and development and completing the selection of permanent committee membership."

She added that "the law of emergency support for food security is one of the important laws and cares for segments of society, especially since the law supports the items of the ration card, social protection and farmers' entitlements. Everyone must attend to vote on the law in the session scheduled to be held after the Eid holiday on May 7th."

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Tishwash:  In Sulaymaniyah and Garmian.. Demonstrations demanding salaries and threatening to cut off electricity

On Wednesday morning, a number of Garmian Electricity Distribution Directorate employees gathered in front of the directorate building, to demand their monthly salaries, while threatening to cut off the electricity.

A local source told Shafak News Agency, "The employees gave the KRG 24 hours to deliver their salaries, threatening to cut off the electricity to the citizens."

In turn, a representative of the protesters in the Garmian Electricity Distribution Directorate, Muhammad Sapir, said in a statement received by Shafak News Agency, "The Ministry of Electricity is the most productive and money-earning ministries, and it is unfair for its employees to be like this, so we will strike and continue to demonstrate if the government does not respond." to our demands within 24 hours.

In another matter, the agency's correspondent reported that a number of Sulaimaniyah University employees and professors demonstrated this morning, in front of the university building, as well as Raparin University employees, to demand the payment of salaries for the month of March.

The reporter said that the employees demanded the payment of their late salaries and the disbursement of salaries every 30 days, and they also demanded that the government pay the salaries for the month of April because it is now over.

He pointed out that about 7 ministries have not received their monthly salaries despite the announcement of the Kurdistan Regional Government, and since the twenty-seventh of last month, a schedule for the distribution of salaries for the month of March.

He also explained that Sulaymaniyah banks do not have sufficient financial liquidity to distribute salaries to all employees, and what they have daily does not exceed more than one and a half billion dinars, as they distribute them to a small number of employees.

On a related level, the agency's correspondent stated that volunteers in the health sector continued to strike for the fourth consecutive day, due to their unfair appointment.

Sulaymaniyah Governorate and its affiliated areas have been witnessing for several months, a financial liquidity crisis in government banks, which has led to a delay in the payment of salaries to employees, which led to the exit of many demonstrations and the strike of a number of government institutions. link

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Tishwash:  Press release on the occasion of the Arab Financial Inclusion Day - April 27, 2022

A press release issued by: The Secretariat of the Board of Governors of Arab Central Banks and Monetary Institutions ( Arab Financial Inclusion Day - April 27, 2022 under the slogan: "The Importance of Social Responsibility for Financial and Banking Institutions in Promoting Financial Inclusion" ) ... To view, click here.

For publication on April 27, 2022 (00:8 am)

Press release issued by:

Secretariat of the Board of Governors of Arab Central Banks and Monetary Institutions

Arab Financial Inclusion Day - 27 April 2022

Under the slogan: "The Importance of Social Responsibility for Financial and Banking Institutions in Promoting Financial Inclusion"

call to:

Enhancing awareness of the concept of social responsibility for financial and banking institutions and the requirements for financing

Administrator

Adopting measures that encourage the inclusion of social and environmental responsibility in the policies of financial and banking institutions

Develop mechanisms and tools for measuring the social performance of financial and banking institutions

Building consumer confidence in the social responsibility of financial and banking institutions

Launching social responsibility programs for financial and banking institutions and reflecting them in periodic reports

Urging financial and banking institutions to develop services and products that enhance social responsibility

Targeting financially excluded groups by implementing appropriate credit policies

The topic of enhancing access to finance and financial services in the Arab countries is receiving great attention from the Council

Governors of Arab central banks and monetary institutions, being aware of the potential and significant opportunities that can be

Achieving them by enhancing financial inclusion to support comprehensive and sustainable economic development and address unemployment challenges and achieving social justice. There is no doubt that the repercussions and challenges on the financial and banking sector in this

The phase to support recovery clearly highlights the urgent need to promote responsible financing and social responsibility

For financial and banking institutions to serve sustainable development. In this context, environmental standards are applied

The United Nations, with growing interest from the international community and financial institutions

regional and international. Arab central banks realize the great importance of promoting social and environmental responsibility,

It seeks to develop frameworks that help adopt and apply these standards by financial institutions

And its banking. The Arab Monetary Fund is also intensifying its efforts in issuing many studies, reports and evidence

Guidelines, to contribute to addressing priority issues, especially in terms of promoting responsible financing and social responsibility in the Arab countries.  link

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Mot:  .. Girls Ain't Soooo Tough!! -- Whooooaa!! ~~~~

The World’s Most Valuable Currencies Compared With the US Dollar

The World’s Most Valuable Currencies Compared With the US Dollar

August 8 2011

#15 Swiss Franc:   1 franc = 0.9 US Dollar

#14 US Dollar:   1 US Dollar = 1 US Dollar

#13 Canadian Dollar:   1 CAD = 1.094 US Dollar

#12 Ghanaian Cedi:   1GHS = 1.06 US Dollar

#11 Azerbaijani Manat:   1 AZN = 1.178 US Dollar

#10 Cayman Dollar:   1 KYD = 1.21 US Dollar

#9 Jordanian Dinar:   1 JOD = 1.4118 US Dollar

#8 Euro:   1 EUR = 1.482 US Dollar

#7 UK Pound:   1 GBP = 2.068 US Dollar

#6 Latvian Lats:  1 LVL = 2.135 US Dollar

#5 Cypriot Pound:   1 CYP = 2.53 US Dollar

#4 Omani Rial:   1 OMR = 2.60 US Dollar

#3 Bahraini Dinar:  1 BHD = 2.68 US Dollar

#2 Maltese Lira:   1 MTL = 3.50 US Dollar

#1 Kuwait Dinar:   1 KWD = 3.68 US Dollar

https://www.youtube.com/watch?v=GWcmk89RTOY

Top 10 Most Valuable Currencies In The World 2022

Premiered Jan 12, 2022 • List of top 10 most valuable currencies in the world in 2022. As of 2022, the Kuwaiti dinar is the strongest circulating currency, with one Kuwaiti dinar equaling 3.31 United States dollars, which is just in front of the Bahraini dinar with one Bahraini dinar equaling 2.65 United States dollars.

#10 Canadian Dollar:   1 CAD = .80 US Dollar

#9 US Dollar:   1 USD = 1.00 US Dollar

#8 Swiss Franc:   1 CHF = 1.08 US Dollar

#7 European Euro:   1 EUR = 1.14 US Dollar

#6 Cayman Dollar:   1 KYD = 1.06 US Dollar

#5 British Pound Sterling:   1 GBP = 1.36 US Dollar

#4 Jordanian Dinar:   1 JOD = 1.41 US Dollar

#3 Omani Rial:   1 OMR = 2.60 US Dollar

#2 Bahraini Dinar:   1 BHD = 2.65 US Dollar

#1 Kuwait Dinar:   1 KWD = 3.31 US Dollar

https://www.youtube.com/watch?v=0KdoofCjO-s

The 8 Most Eye-Opening Money Attractions in the U.S.

The 8 Most Eye-Opening Money Attractions in the U.S.

By Dr Penny Pincher on 12 October 2020

Some of my most memorable vacations have centered around money — and didn't require spending much of it at all. I had my photo taken next to a $1 million stack of bills at Binion's on a recent trip to Las Vegas. Another memorable experience was visiting the Bureau of Engraving and Printing in Washington, D.C. to see millions of dollars of being printed on the production floor.

If you get excited about money, check out these unique attractions across the U.S. 

1. U.S. Mint

See the coin manufacturing process up close by taking a free tour at the Philadelphia and Denver facilities of the U.S. Mint. Learn about the process of minting coins from the design to the striking of coins. You'll be able to see how billions of coins are produced each year, and learn the history of coin-making.

2. Binion's Gambling Hall and Hotel

Get a free souvenir photo of yourself standing next to $1 million in cash at Binion's Gambling Hall and Hotel in Las Vegas. Stop by to have your photo taken and come back about an hour later to pick up your free printed copy. It's pretty incredible to see that much cash up close.

3. U.S. Treasury

The main building of U.S. Treasury is the third oldest building in Washington, D.C. and has been renovated to preserve its impressive Greek Revival architecture. Some historical highlights at the U.S. Treasury include the offices of Salmon P. Chase, Secretary of the Treasury during the Civil War, and the offices used by President Andrew Johnson following Abraham Lincoln's assassination.

The stately marble Cash Room has been restored to appear as it was at Ulysses S. Grant's inaugural reception in 1869. You can tour all of these sites by setting up a reservation ahead of your visit.

4. Wall Street

If your travels take you to New York City, check out the attractions of Wall Street, an area of New York City that has been focused on finance for over 200 years. Highlights include:

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

https://www.wisebread.com/the-8-most-eye-opening-money-attractions-in-the-us

Safer, Yet More Afraid Than Ever

Safer, Yet More Afraid Than Ever

Mar 21, 2022 by Ted Lamade

We were so close.

Just when Covid-19 appeared to be fading, the largest military conflict since World War II broke out in Eastern Europe leading to devastating consequences for millions of people, spiking commodity prices, weaker equity markets, and geopolitical uncertainty.

Unsurprisingly, countless people have commented how “unbelievable” this series of events has been. But is it? It is really unbelievable? Or, is it actually completely believable? Better yet, is it something we should come to expect by now?

History is riddled with chaos and conflict. Yet, people have an amazing ability to forget this fact. Look no further than former Andreessen Horowitz general partner Balaji Srinivasan’s recent tweet,

Is Srinivasan right? Were the 1990’s idyllic? Not really, and certainly not in his former boss’s mind. Just look at his response,

Andreessen is right, but this phenomenon doesn’t just apply to the 1990’s. Every decade has been turbulent. Remember the lines to Billy Joel’s song, “We didn’t start the fire”?

So why does it so often feel like things are getting worse? Many reasons, but one that does not get enough attention is tied to how we consume our information these days.

The Filtering Effect

Try something. Click on “MSNBC” and/or “Fox News”. Write down a few of the top stories you see. Seriously. Try it. Now do the same thing for the New York Times. Now The Dallas Observer. Now the Milwaukee Journal Sentinel. Now the The Annapolis Capital Gazette. And finally The Missoulian. Anything jump out? Trends? Patterns? Takeaways?

As you move away from large media outlets to smaller more local ones, the number of negative headlines drops. The reason? “Fear sells” is the obvious answer, yet there is something else at play. It is called the “filtering effect” and it is having a material impact on society and the markets alike these days.

The filtering effect simply states that whether you are looking at large or small data sets, the averages are very similar, but the extremes are drastically different.

This logic applies to countless other things in life.

So why does this matter? Because humans are drawn to extremes and the media (both mainstream and social) knows it.

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

https://www.collaborativefund.com/blog/safer-yet-more-afraid-than-ever/

Warren Buffett's 12 Best Quotes In a New Interview

Warren Buffett's 12 Best Quotes In a New Interview

Theron Mohamed  Fri, April 15, 2022,

Warren Buffett applauded Elon Musk, MacKenzie Scott, and Jerome Powell in a new interview. The Berkshire Hathaway CEO reflected on his age, his legacy, and the main drivers of his success. Buffett commended Bill Gates and Melinda French Gates for devoting time and money to philanthropy. Warren Buffett praised Tesla CEO Elon Musk, billionaire philanthropist MacKenzie Scott, and Federal Reserve Chair Jerome Powell during a Charlie Rose interview released on Thursday.

The 91-year-old investor and Berkshire Hathaway CEO also discussed his legacy, how old age has affected him, and why he admires Bill Gates and Melinda French Gates.

Here are Buffett's 12 best quotes from the interview, lightly edited for length and clarity:

1. "You don't need to be a genius in what I do, that's the good thing about it. I'm a bright guy who's terribly interested in what he does, so I've spent a lifetime doing it, and I've surrounded myself with people that bring out the best in me."

2. "I know I'll win over time. That doesn't mean I'll beat everybody else, or anything like that. But the game is very, very, very easy if you have the right lessons in your mind about what you're buying." (Buffett emphasized that stocks are pieces of businesses, not wagers to be monitored day by day.)

3. "We have a successor in place, but he's not warming up. I'm in overtime but I'm out there."

4. "Jay Powell matched Paul Volcker in terms of doing things that needed to be done that day." (Buffett was referring to the Fed chair moving quickly to save the US financial system when the pandemic took it to the "brink of chaos" in March 2020.)

5. "It isn't like the 50 richest guys in the country can say, 'I'm just going to eat everything.'" (Buffett argued that while Henry Ford, Thomas Edison, and Steve Jobs amassed large fortunes, they also shared their inventions, improving the lives of millions of people).

6. "Elon is taking on General Motors and Ford and Toyota, and all these people who've got all this stuff, and he's got an idea and he's winning. That's America. You can't dream it up. It's astounding."

7. "I am a decaying machine that still feels wonderful. I can't add a group of numbers remotely as fast as I used to be able to. I can't remember sometimes why the hell I walked up the stairs. I forget names so easily. I can't read as fast as I used to read. I can't hear as well, I can't see as well, my balance isn't as good. But it doesn't interfere with my happiness, my work, anything."

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

https://finance.yahoo.com/news/warren-buffett-praises-elon-musk-092324460.html

The Golden Secrets of Fort Knox Revealed

The Golden Secrets of Fort Knox Revealed

America's gold stockpile has fueled curiosity and conspiracy theories. How much do we know?

By Doug Whiteman   Dec. 23, 2021

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

You may be aware of Fort Knox from the James Bond movie Goldfinger, or from the old cartoon where Bugs Bunny tricks Yosemite Sam into digging up some of the gold bars and getting arrested.

But what can you really say about the U.S. bullion bunker in Kentucky?

The Fort Knox gold vault is one of the most secure and secret places in America. Because few people have ever gotten inside, the gold depository is a subject of fascination and speculation.

Here are 10 things we know — and maybe don't know.

1. It Holds Tons Of Gold -- Literally

Fort Knox holds more than 147 million ounces of gold.

Fort Knox currently houses 147.3 million ounces of gold. The government says the bullion has a "book value" of $6.22 billion.

However, that's based on a fixed price that officials set in 1973. Based on the current market value of gold, the reserves at Fort Knox are worth a far more impressive $190 billion, roughly speaking.

Much of the gold in the vault is in the form of 27-pound bars, while a percentage is in gold coins.

At one time, the point of having all of that gold was to provide backing for U.S. currency — but the dollar was taken off the gold standard in 1971.

2. Is The Gold Really In There?

United States Gold Bullion Depository Fort Knox Kentucky

Are we sure there's gold in Fort Knox?

So why does the U.S. hang onto its gold stash? "Just in case we need it," is the explanation former Federal Reserve Board Chairman Alan Greenspan reportedly once gave.

Conspiracy theorists have insisted that the government secretly sold off the gold and that the gold bars are actually tungsten bricks painted to look like the precious metal.

Apparently, there's no way to say with absolute certainty if there's really bullion — or if it's all bull. Over the years, there have been few audits to test the gold, or inventories to count it.

Not many people have even seen it...

3. Outsiders Rarely Get Inside

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

https://moneywise.com/life/lifestyle/fort-knox-secrets?utm_source=email&utm_medium=mwd&utm_campaign=mon_lfr&utm_term=mon_lfr_3_10&utm_content=mon_lfr_1529

The C.R.A.A.P. Test

The C.R.A.A.P. Test- a tool for evaluating information and finding the TRUTH

 When you search for information, you're going to find lots of it . . . but is it good information? You will want to determine that for yourself, and the CRAAP Test can help.

The CRAAP Test is a list of questions to help you evaluate the information you find. Different criteria will be more or less important depending on your situation or what you are looking  for.

 It is easier to perceive error than to find truth, for the former lies on the surface and is easily seen, while the latter lies in the depth, where few are willing to search for it.

Johann Wolfgang Von Goethe

 Assertion is not argument; contradict the statement of an opponent is NOT proof that you are correct – Johnson

 *******

To be persuasive, one must be believable;

To be believable, one must be credible;

To be credible, one must be truthful.

*******

 All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.  Arthur Schopenhauer (1788 - 1860)

 A lie can travel halfway around the world while the truth is putting on its shoes.  Mark Twain (1835 - 1910), (attributed)

 Truth persuades by teaching, but does not teach by persuading.  Quintus Septimius Tertullianus   (160 AD - 230 AD), Adversus Valentinianos

 “You believe easily what you hope for earnestly” -- Terence

​Currency: The timeliness of the information.

When was the information published or posted?

Has the information been revised or updated?

​Does your topic require current information, or will older sources work as well?

Are the links functional?

Relevance: The importance of the information for your needs.

Does the information relate to your topic or answer your question?

Who is the intended audience?

Is the information at an appropriate level (i.e. not too elementary or advanced for your needs)?

Have you looked at a variety of sources before determining this is one you will use?

Would you be comfortable citing this source in a research paper? (**)

Authority: The source of the information.

Who is the author/publisher/source/sponsor?

What are the author's credentials or organizational affiliations?

Is the author qualified to write on the topic?

Is there contact information, such as a publisher or email address?

Does the URL reveal anything about the author or source?

examples: .com .edu .gov .org .net

 Accuracy: The reliability, truthfulness and correctness of the content.

Where does the information come from?

Is the information supported by evidence? (**)

Has the information been reviewed or refereed?

Can you verify any of the information in another source or from personal knowledge?

Does the language or tone seem unbiased and free of emotion?

Are there spelling, grammar or typographical errors?

​Purpose: The reason the information exists.

What is the purpose of the information? Is it to inform, teach, sell, entertain or persuade?

Do the authors/sponsors make their intentions or purpose clear?

Is the information fact, opinion or propaganda?

Does the point of view appear objective and impartial?

Are there political, ideological, cultural, religious, institutional or personal biases?

Is this source or information good? | Meriam Library

https://library.csuchico.edu/sites/default/files/craap-test.pdf

101 Fascinating Money Facts

101 Fascinating Money Facts

Post From Money Saved Is Money Earned

While we contemplated something along the lines of “Money Lessons from our Founding Fathers,” we thought something more lighthearted and fun, but also informative, was in order.

With those ideas in mind, we’ve spent the last several weeks (okay, maybe just a few hours) scouring the internet looking for the most interesting money facts we could find.

These facts cover U.S. currency, world money, and historical money. They range from the depressing to the exciting, from the shocking to the bizarre.

Here are 101 fascinating money facts for you to enjoy.

 General Money Facts

The study of money is called numismatics.

The first Philadelphia Mint used horses in harness to drive the machinery that produced coins.

The first paper money was made in Chine 1,000 years ago.

The first coins were made about 2,500 years ago.

Queen Elizabeth II has appeared on more currency than any other person.

There are over 170 different currencies in use around the world.

There is more Monopoly money printed every year than actual money.

Only 8% of currency is in physical form.

Money is estimated to be dirtier than a toilet.

Pennies planted in the garden will repel slugs.

The TSA collected $765,759.15 in loose change at airport security checkpoints in 2015.

The average allowance is $65 a month.

Piggy banks originated from the “pygg,” a clay used for making jars that held money.

There is an ATM in Antarctica.

Over half of lottery tickets are bought by 5% of people.

Drug Lord Pablo Escobar had so much money laying around that rats ate approximately $1 billion.

Putting bills in the microwave for about 20 seconds will make them crispy again.

The largest denomination ever printed was in Hungary in 1946, worth 100 quintillion pengoes.

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

https://www.moneysavedmoneyearned.com/101-fascinating-money-facts/

You Never Have Time, Only Intentions

You Never Have Time, Only Intentions

by David Cain

In my new house the top floor is a single room with gabled walls and a single window that looks out over the street. I go up there twice daily to meditate for half an hour, so every time I’m in that room I can’t help but think, at least once, about how much time I have left in the day.

 During those sessions I’m more aware of my thoughts, and the effect they have on me, than at any other time. And I’ve noticed that the amount of time I have left after my sitting—before I have to be somewhere, or before bedtime—makes a big difference psychologically. 

​Given what I plan to do for the rest of the day, I always have one of two distinct feelings: I have enough time, or I don’t have enough time.  I’m learning not to trust either of these feelings, because they’re based on an error in perception—when you think about it, and we never really have time. Time we talk about “having” is always in the future, where we can’t see it and don’t know what it will be like.

We can’t be confident it will be there when we need it, or that it will arrive without conditions or unexpected problems.  We never possess time in the same way we possess the money in our wallets, although we talk like we do. We assume we have three hours or three days to do something, but it never actually comes into our possession.

The time we “have” is never where we are, and we can never see it, unlike everything else we have: our clothing, our furniture, our homes, our friends and family. We never know our time like we know those things, so we can’t depend on it like we depend on those things.

 The un-ownability of time is a little more obvious when it comes to life expectancy. I have to occasionally remind myself I don’t have another 40 or 50 years to live. I often expect it, but I never have it. It’s not mine. I don’t even “have” one year. I do have this moment, but all the time stretching forward from it is just speculation. We can have intentions, but never time.

 This all might sound like the shower-thoughts of a very bored person. What difference does it really make? “Having time” is just a way of speaking, isn’t it?

 It’s not just semantics—there’s a tremendous difference between believing you own and control the upcoming three hours, and understanding that you have intentions for it but don’t own it.

 Despite your expectations, something could interrupt you, or distract you, or the thing you thought you’d get done is bigger and more complex than you thought, all of which can instantly transmute the comforting feeling of “enough time” to the claustrophobic feeling of “not enough time”. Your time was never dependable, even if you didn’t realize it. Even if there turn out to be no complications, you can never know there won’t be until the time in question is gone.

 Time we think we have is always going to be unreliable in this way, and since we’re constantly depending on this unreliable thing, it’s constantly generating a certain kind of stress, regardless of how any given stretch of time turns out.

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

https://beforeitsnews.com/opinion-liberal/2017/05/you-never-have-time-only-intentions-2554118.html

Do You Wonder Why We Will Get Such a Big Return When the Iraqi Dinar Revalues???

Re-Posted for our newest readers……From Recaps Archives……

If anyone is wondering how We will be getting so much money for exchanging Iraqi Dinar when we paid so little for it-Here is a GREAT explanation. Enjoy. From Recaps Archives a few years ago.

REMEMBER: The figures and procedures may have changed over the years but the basic concept will help you understand what is happening when we exchange

CONCEPT EXPLAINED:

First off, I’ll use the exchange of a 10,000 IQD note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD and IQD, that is given a two-tier payout, and a 2% bank spread.

What You Will Receive:


If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account.

What Your Bank Will Receive:


Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”.

If you don’t understand the “Fractional Banking“ concept that runs our country, you may want to, as that is what this is based on, and is what is behind this entire concept and plan. To learn more about this concept, I suggest you click HERE, and go to a video post I brought to the forum previously, and posted in my “Tidbits“ section.

Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model.

What the US Treasury Will Receive:


First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in). Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000.

Oil Now Enters the Picture:

At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves.

How the CBI “RECAPTURES” the Money:

The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35)

What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it.

The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq.

More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.)

Other Factors that Strengthen Iraq’s Position and Ability to RV:

• DFI Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD.

• CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated.

• Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury.

• Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets.

There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”.

So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture:

• Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10
• Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out.
• US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000
• CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors”
• Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20

This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!!

In this scenario, EVERYONE WINS… and the IQD is slowly (over 2 years) taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen.

Believe it or not, it has happened for this very purpose, and it IS coming!

For the people who do not understand how this can happen $$$$ posted by FREEWAY BILL

Let me just say that I am not a guru. I do not claim to know when the RV will happen or what rate it will come in at. Does not matter. So many people have used the abundance of money involved makes it impossible for it to happen.

Let me give you some things to ponder:

There were originally 30 trillion dinar printed. Well over 80% of that amount has been accounted for and is in the hands of Iraq. That leaves 6 trillion dinar out of which US, China, Russia, Brazil and other countries hold a substantial amount of these in their countries. So let us say that there is 1 – 1.5 trillion is out in the hands of regular people, trusts, etc. How could Iraq possibly cash in this much at one time?

They can’t! Or Can They?

China and the US have signed agreements that they each will take all of their dinar and all that they cash in from their citizens in OIL @ an agreed upon rate of $32.00 per barrel for however long it takes. Now taking the total of 6 trillion that is supposedly out there which would be multiplied by the rate that we will set at $ 4 just to go from a number of some kind.

So now we have $ 24,000,000,000,000! Seems like an amount that just will not be possible? Read on.

24 trillion dollars will transform to 750 BILLION barrels of oil @ $32.00. That is what it will cost Iraq to payoff. That is still a lot of money, right? Well, considering that one barrel of oil cost Iraq less than $ 2.00 per barrel to process which means that Iraq can pay off ALL of the Dinar still out for $1,500,000,000 while coming out of sanctions, becoming a powerful country and a part of the UN and WTO and go forward.

 Being that this RV would basically make it so the US will be able to pay off most or all of their national debt along with the other countries involved would be doing the same making the World Economy would get a tremendous shot in the arm and everyone would be on a better playing field meaning World trade would be enhanced and the US and China emerge as the strongest and Iraq comes out as either the richest or the 2nd richest country in the world.

So, my friends, the RV can happen and actually if you take Iraq’s assets, it could actually justify RVing at upwards of $ 8 – $ 12 and this calculation would work and still leave Iraq with a smidgen of debt compared to the assets they have.

So rest assured that there will BE NO LOP because it is not necessary and it would deflate this entire plan and not help anyone and Iraq would not emerge as a stable government or friend to anyone.

So, poke holes in this if you wish. I would be interested to see what anyone can come up with that will change these numbers. I am not a genius, just an investor that has to reason out everything I invest in to see where the return can come from and how much it can actually reasonably be…

I didn’t come up with this plan, but whoever did was a genius. This is historic. People have said to me, “How can you invest so little and gain so much?”

Well, not in our lifetime has any country been completely destroyed, government and all with the agenda to build it back up. This plan was IMO in place before the first boot hit the ground in Iraq. It all makes sense.

Please feel free to credibly pick this apart if you can. I have studied this to no end and I keep coming up with the same numbers.

GOD BLESS THE USA :   FREEWAY BILL,

A Year of Essential Home Maintenance Projects

A Year of Essential Home Maintenance Projects

January 31, 2022   D. Guerra

Caring for your home and everything in it will help you preserve its value. However, it can be overwhelming to tackle all your home maintenance projects in a short period of time. It’s much easier to maintain your home when you perform some upkeep each month. In a year’s time, you can tackle all the most crucial aspects of maintaining your house and everything in it. Use this guide to refer to all year long as you tackle your home’s most pressing home maintenance projects.

January

Carpets, Couches, and Chairs

After the holidays, your carpeting and furniture upholstery can become seriously soiled. While you can hire professional cleaners to visit your home and clean these features, you can also tackle them yourself relatively inexpensively. 

To clean your carpeting, you can rent a rug-cleaning machine from a home improvement center, or you can clean the carpet by hand using a solution of baking soda, water, carpet shampoo, and towels.

Bathrooms

Your bathrooms get heavy use on an ordinary basis, in particular during the holidays when you have visitors and they are in operation 24/7. January is the perfect month to give them a good clean and make sure everything is working properly, bathroom maintenance is something that is regularly neglected by homeowners.

Your shower heads are commonly overseen, however, they too need a deep clean every now and then. It will help remove any debris and stain and make them look new, there are great online guides on how to clean a showerhead properly.

Toilets are certainly a crucial aspect of your home’s plumbing system. Take time this month to ensure that each is working properly. Be sure that water isn’t running and there are no leaks. Toilet kits are inexpensive, so if you need to swap out old or worn parts, this is a good time to do that.

Kitchen

Set aside time this month to deep clean and organize your kitchen. Be sure to tackle such tasks as:

Clean refrigerator coils

Clean the garbage disposal

Reorganize the pantry (remove expired items)

Clean pipes beneath the sink

Clean the oven

Check the kitchen smoke alarm (and update the fire extinguisher)

This is an essential home maintenance project that needs to be properly carried out every year.

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

https://porch.com/advice/year-essential-home-maintenance-projects