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

News, Rumors and Opinions Wednesday 5-20-2020

.TNT:

Wednesday morning UPDATE for May 20, 2020

Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget.

A new law will allow them to defer the payment of loans until later.

TNT:

Wednesday morning UPDATE for May 20, 2020

Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget.

A new law will allow them to defer the payment of loans until later.

Courtesy of Dinar Guru

Pimpy  ...I told you al-Kazemi is no joke.  This guy is already going for the rest of his ministry.  The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon.  There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday.  I would be really grateful for that...I'm liking this guy a whole lot.  Unlike the other people who drug their feet, man this guy's like look this is it.  We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...

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

KTFA:

Samson:  Wasit went to banks tomorrow to complete the payment of salaries before the Eid

10:22 - 20/05/2020

The local government in Wasit, Wednesday, directed all banks in the governorate on Thursday, and excluding them from vacation.

The governor, Muhammad Al Mayyahi, said in a statement that he had seen / information /, that he directed all banks in the governorate to work on Thursday and exclude them from the holiday.

Al-Mayahi added, "This measure comes for the purpose of completing the payment of employee salaries before the Eid al-Fitr holiday."

It is mentioned that the crisis cell in the governorate decided earlier on Thursday to consider every week an official holiday during the month of Ramadan.  LINK

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

Samson:  Economist: Iraqi debt has exceeded 132 billion dollars, and any new loan will be under severe conditions

14:22 - 05/20/2020

The economic expert, Saleh Al-Hammash, revealed, on Wednesday, that Iraq’s external and internal debts exceeded 132 billion dollars, indicating that the upcoming loans will be under very harsh terms and benefits for Iraq.

Al-Hamash said in a statement to "Information" that "successive governments in Iraq did not realize the extent of manipulating the capabilities of Iraq and investing the surplus funds from the high oil prices in investment and trade projects that contribute to reviving the economy."

He added that "Iraq is currently negotiating with the donors not to pay the 11 billion dollars due from previous loans, which amounted to 132, in addition to the biggest crisis, which is the payment of salaries."

He Alhmac, said that "talking about the reform of economic measures to revive economic useless because the government Sthml any project economist as soon as the rise in oil prices again," noting that "the next loans will be very harsh conditions and the benefits of great instability in Iraq and the lack of strong credit, as well as high indebtedness He has.”   LINK

Don961:  A member of the Parliamentary Finance reveals the size of Iraq's debts and is likely not to approve the 2020 budget

Localities 05/20/2020 00:29 1143    'Baghdad today - Baghdad

He confirmed the parliamentary Finance Committee member, Mohammed Darraji, Tuesday (19 May 2020), that Iraq 's debt stood at $ 124 billion, while the likely failure to approve the 2020 budget

and said Darraji during the host in a program the shortest route ()  provided by Dr. Nabil Jassim Al - Sharqiya News, "Iraq’s debts currently amounted to 124 billion dollars, while expenditures in 2019 amounted to approximately 116 trillion dinars," noting that "the debts owed by Iraq include what we are owed by the Kuwait war."

He added that "the previous government erred when it agreed to reduce oil production because it caused great losses," calling on "Prime Minister Mustafa Al-Kazemi, to take a decisive position on this decision after the appointment of a new oil minister, even if we had to leave the OPEC agreement."

He pointed out that "there are many solutions that must be followed to save the country from the economic crisis it is going through, including preventing speculation with food and not importing products except the necessary things, as well as imposing control on the border ports by the Iraqi government to ensure that unnecessary products are not imported." It is "possible to achieve this by supporting the anti-terror agency because there are large (militias) controlling these outlets."

He continued: "The exchange rate of the currency must be changed, and the direct sale to the citizens should be taken instead of the auction, and external relations must be exploited and worked to improve them," stressing that "it is necessary to review Iraq’s decision on reducing oil, and to return from it regardless of circumstances."

On the budget, Darraji commented: "The circumstances Iraq is going through are difficult, and the possibility of passing the 2020 budget, so far, is not certain."  LINK

Iobey777:  YES! We know! So just DO IT, Iraq!! It’s time!!!

 ************

Iraqi Dinar News and Executive order 13303

Pimpy’s Investment Chat:  05/20/20

https://youtu.be/cTn__oL1Xs0?t=2

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Advice, Personal Finance, Economics DINARRECAPS8 Advice, Personal Finance, Economics DINARRECAPS8

Use It Up, Wear It Out, Make It Do, Or Do Without

.Use It Up, Wear It Out, Make It Do, Or Do Without

The Three Year Experiment Make It Work

Earlier this school year, my cell phone was stolen.

I’ve never really been sure what happened, and the police have never figured it out, but here’s what I do know. When I left my garage for school, I had my cell phone in the car with me. Sometime between the time I arrived at school and 10:30, when I realized I didn’t have my phone, my phone was stolen. We (meaning the police, the school administration, and I) believe I left my car unlocked and someone came into the parking lot and stole my phone. I looked up the phone on Find My Phone when I got home that night, and it took a joy ride down to the airport before going dark, forever.

Obviously, I was bummed. Not only did I lose my Iphone 7, which I’d bought the previous summer, and all the pictures in it, but I also had to get a new phone. I did not want to spend another $350 (which is what I’d spent to get the refurbished Iphone 7).

But I needed a phone. Even during my experimentation with Digital Minimalism, it was obvious that I needed a phone.

Use It Up, Wear It Out, Make It Do, Or Do Without

The Three Year Experiment  Make It Work

Earlier this school year, my cell phone was stolen.

I’ve never really been sure what happened, and the police have never figured it out, but here’s what I do know.  When I left my garage for school, I had my cell phone in the car with me. Sometime between the time I arrived at school and 10:30, when I realized I didn’t have my phone, my phone was stolen. We (meaning the police, the school administration, and I) believe I left my car unlocked and someone came into the parking lot and stole my phone. I looked up the phone on Find My Phone when I got home that night, and it took a joy ride down to the airport before going dark, forever.

Obviously, I was bummed. Not only did I lose my Iphone 7, which I’d bought the previous summer, and all the pictures in it, but I also had to get a new phone. I did not want to spend another $350 (which is what I’d spent to get the refurbished Iphone 7).

But I needed a phone. Even during my experimentation with Digital Minimalism, it was obvious that I needed a phone.

Enter Mr. ThreeYear with a solution. He pulled out my old Iphone, which had a cracked screen, and suggested we take it to get the screen fixed. We took the phone to UBreakIFix, which is an electronics repair store about 15 minutes from our house.

We got a quote for a new screen and a new battery. Because the phone was an older model, both repairs came to less than $100. We went ahead and had the phone repaired, then picked it up later that evening.

We also ordered a new case online from Amazon.

By the time we were finished, it felt like I had a new phone. Sure, the camera wasn’t quite as nice as my previous phone, but it worked, and I paid around $110 to have it refurbished, versus over $350.

Use What You Have

One of the lessons Mr. ThreeYear learned well as a kid growing up in a third world country was that when something breaks, or when something’s stolen, you have to figure out how to move ahead with what you have.

Like the frugal lessons I learned from my in-laws, I’ve learned a lot about making it do from my husband.

They didn’t know the WWII-era proverb growing up, Use it up, wear it out, make it do, or do without, they just lived it. Making do was part and parcel of my in-laws’ DNA.

When something broke, instead of rushing out and buying a new version, they fixed it.

Since we’ve collectively been in quarantine as a world, I have no doubt that this old proverb has been lived out by millions of people around the planet.

As a nation, we’re not used to facing shortages, but since March we’ve had to make do with shortages of toilet paper and paper towels, alcohol, Clorox wipes, dish soap, and now meat (good thing this was the year we’ve opted to eat more vegetarian!).

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

https://www.thethreeyearexperiment.com/make-it-do/

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

Mike Maloney, PIR and Lynette Zang Wednesday 5-20-2020

.Mike Maloney

Decoding Powell: The True Meaning Of His Message

Premiered 22 hours ago

Hold onto your hats….I mean your wallets….because Jerome Powell just went on 60 minutes on Sunday and basically told the President of the US and the US Congress to spend as much as they can spend right now…….my checkbook is open.

Jerome Powell, Chairman of the Federal Reserve, appeared recently on 60 minutes.

Join Mike Maloney as he uncovers the true meaning of what Powell said, and the implications that will follow.

This is a very important video, thanks in advance for sharing it with family and friends.

Mike Maloney

Decoding Powell: The True Meaning Of His Message

Premiered 22 hours ago

Hold onto your hats….I mean your wallets….because Jerome Powell just went on 60 minutes on Sunday and basically told the President of the US and the US Congress to spend as much as they can spend right now…….my checkbook is open.

Jerome Powell, Chairman of the Federal Reserve, appeared recently on 60 minutes.

Join Mike Maloney as he uncovers the true meaning of what Powell said, and the implications that will follow.

This is a very important video, thanks in advance for sharing it with family and friends.

https://youtu.be/9-rsQT4HScA?t=5

Patriot Intel Report

PIR 05 20 20

Be on the lookout for changes…..unexpected changes economically

The head of the Fed Powell and Sec. of Treasury Mnuchin were answering questions in Senate yesterday and the head of the Fed said we need and get money into the hands of the people now in order to minimize and avoid further damage.

I believe this is the process of bringing down the Federal Reserve and giving control back to the US Treasury. Do not be surprised to see funny things happening like we talked about yesterday with the US Treasury debit cards going out.

One of our listeners told me his wife is receiving one of these cards….she is supposed to receive it this Friday the 22nd. So we will start seeing this around the nation.

This is unusual.  Some people say this is a pilot program to get things set up for the next actual stimulus when it goes out…..and people would have an account directly tied to the US Treasury.

It says right on the Us Treasury with a picture of the card that you can use this card for shopping, or whatever and you can transfer funds right to your current bank if you choose to… with no fees.

Expect the unexpected…..financial changes will roll out in the way that most people do not expect.

https://www.youtube.com/watch?v=NKjDM6jjJsI

Some articles regarding US Treasury Debit cards

Coronavirus stimulus package: Nearly 4 million Americans set to receive prepaid Visa debit cards instead of paper checks   https://www.masslive.com/coronavirus/2020/05/coronavirus-stimulus-package-nearly-4-million-americans-set-to-receive-prepaid-visa-debit-cards-instead-of-paper-checks.html

Coronavirus stimulus checks: IRS now sending prepaid debit cards as payout hits $240 billion https://money.yahoo.com/coronavirus-stimulus-checks-irs-now-sending-prepaid-debit-cards-as-payout-hits-240-billion-170835117.html

U.S. Debit Card: ( may or may not be the new card)   https://fiscal.treasury.gov/us-debit-card/

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

MONEY CREATION HYPERINFLATION STOCK MARKET...Q&A with Lynette Zang and Eric Griffin

Streamed live 21 hours ago

Some of today's questions:

1. Vincent P: Do you think that Covid-19 is not the cause for all the new money creation, but a smoke screen used to hide the already failing financial system?

2. Jeremy M: If hyperinflation does occur, will our employers be able to keep up with giving us pay raises to stay in line with the rapidly increasing costs of goods?

3. Tanya J: If there was the introduction of a universal basic income, wouldn’t this just keep the economy afloat indefinitely so the crash that seems imminent could actually be years away, therefore making gold and silver stagnate?

4. Joseph C: If the Federal Reserve goes negative rates. What does that mean for first time home buyers? Would the banks pay people to take out new mortgage loan?

5. Victoria B: Why does the Stock Market keep going up? It seems totally out of sync with the real world?

https://youtu.be/SMaf6TslVMw?t=7

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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

"Coffee with MarkZ" Wednesday Morning Chat 5-20-2020

.Emailed to Recaps:

MarkZ Wednesday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

MZ: No money movement overnight…..i was not expecting any……I am still being told there are historic bond redemptions underway throughout the week

MZ: My paymaster is expecting things overnight Thursday/Friday. They have paymasters ramped up…attorneys are in place…..a lot of things happening

MZ: No movement or rate change in Iraq….yet.

MZ: Based on all I am hearing I am still expecting it between now and June 1.

Emailed to Recaps:

MarkZ Wednesday Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

MZ: No money movement overnight…..i was not expecting any……I am still being told there are historic bond redemptions underway throughout the week

MZ: My paymaster is expecting things overnight Thursday/Friday. They have paymasters ramped up…attorneys are in place…..a lot of things happening

MZ: No movement or rate change in Iraq….yet.

MZ: Based on all I am hearing I am still expecting it between now and June 1.

MZ: I am hearing what many other intel providers are hearing…..all the rumors….i am trying to look at it logically and I know they need things in place for the 1st.  

Member:  This RV is like a box of chocolates you never know when you're going to get

MZ: No CMKX deliveries yet

Member:  I heard when you sign for delivery of package that’s when NDA starts

Q: Do you have any confirmation of payments release in Reno?

MZ: No….I do not…but I have decent confirmation of Historic Bonds redemptions in Zurich.

Member Most intel gurus have unintentionally delivered mis-information or fake news.

MZ: yes…there are governing organizations who are paid to come up with disinformation and to sow this disinformation……That’s why I do not share a lot of what I hear……If I wait a day or two to see what sources have been fed what……

Member:  We are living in fake reality with fake RV fake news fake everything except real taxes

MZ: Watching the news….JC Pennys and Pier 1 imports are filing for bankruptcy…….we already print over 50% of all the dollars spent in the US.  Can you imagine having to borrow money every month to pay off your bills??????   This is the perfect recipe to finish off fiat guys…..hang with us….the reset is right around the corner……

Member:  Timber!!!

MZ: It is going down…..we are watching it…….

Member:  Duetche Bank chairman just stepped down!

Q: It’s getting close to the end of the month- do you still think we will see it by June 1?

MZ: Yes…based on what I am hearing from many sources…this month is very much in play and the goal line is June 1.. I have cross referenced this intel…gone back and forth , shaken the cages….and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen.

Q: Are you hearing anything about Canada?

MZ: I have a contact in the banking industry in Canada…..I hear they get the same chatter…..that money will be moving over this weekend. I hope they are correct……It’s neat to know they are hearing similar things.

Member:  Are you hearing that they are going to give debit cards from the treasury to people I heard that yesterday

Member:  Good Morning Mark, The IRS are supposed to start sending out debit cards to people that haven’t received stimulus funds anybody else heard about it?!

Member:  mnuchin gave Trump his treasury debit card last night on TV

Member:  Did you see the debit card reveal for stimulus bucks? Live stream of cabinet meeting and signing of executive order?

Member:  No RV until big arrests starts

MZ: That is what I have been looking for this week……maybe not the arrests but more disclosure….we need to see those arrests happen…we need to see the deep state in fear around the world.

Member:  Bill Barr said no criminal charges….no arrests

Member:  Barr said At this time! That was then, this is now!

Memner:  HE SAID CRIMMAL ARESST HE WAS TALKING ABOUT, BUT HE SAID NOTHING ABOUT MILITARY CHARGES

MZ: Perhaps Barr is building his case in the public’s mind….slow dripping it out. That makes sense…..there may be a civil war if they arrest the big guys without a lot of public disclosure.

Member:  REMEMBER when Comey said he was not investigating President Trump when he was? Maybe Bill Barr is giving them a taste of their own medicine!

Member:  The Arrests may not be Public because they will be moved to Military Tribunals!

MZ: And they should be tried by military tribunals….at least here in the US.

Member:  Keep an eye on 5/25, next Monday, for significant disclosure and indictments/arrests.

Member:  Treason military tribunal GITMO

Member:  Military tribunals for treason...not criminal trials....trust the plan.

Member: You don’t go after the King first when playing chess.

MZ: No- you go after the rooks, take out the knights……you make a good point.

​Member:  folks be very careful if offered a 2nd meet funds should o into QFS ACC, NOT BANK CONTROL

Member: Remember to keep Frank26, Okie and Mr. C in your prayer……

The next scheduled stream is 10AM est time Thursday morning

SAM OLIVER & DEE’s ECONOMICS https://t.me/joinchat/JrH1jk23r6dq3MtYiipTfw THANK YOU, DEE, FOR YOUR DAILY POST HERE

BOB LOCK TONIGHT IN THE PLANNING ROOM AND A RECORDING 8pm EST subject is Trust & Exchange https://t.me/joinchat/JrH1jlIfVQcMLCkdZDvw8A

MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401

Mod:  THANK YOU, SNAKE, PLANNING QUESTIONNAIRE: https://www.mmbb.org/docs/FinancialPlanningQuestionnaire.pdf

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate

IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066

MarkZ : https://markz.team/

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

Markz WELCOME TEAM WILL GREET YOU CLICK THE ENTRANCE DOOR LINK 2) https://t.me/joinchat/JrH1jlOe9REFsFnwexWHJw

Note: Please listen to the replay for all the details….

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=p5Xe_Xt2oRI

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Today's Smile Post DINARRECAPS8 Today's Smile Post DINARRECAPS8

Today's Smile Post: The Family EarthBag Building Segment 4

The Family EarthBag Building Segment 4

(Note from Dinar Recaps - With everything bad happening around us these days, we are starting a daily post, with a glimmer of hope, or distraction for a few minutes. Leave comments below if you have some good ideas for additional posts. If you like these videos consider bookmarking this page.)

This family moved from the city to what appears at first glance a desert somewhere in California - They have turned their property into a small homestead with their earthbag home and other earthbag buildings while capturing the hearts of some 226,000 + subscribers to their videos - There's mom and dad - two girls Bree & Shea and 2 boys Garen & Bryson - (daughter in law joins family at some point) and maybe 5 dogs - 2 cats - baby pig and 4-6 goats lol

The Family EarthBag Building Segment 4

(Note from Dinar Recaps - With everything bad happening around us these days, we are starting a daily post, with a glimmer of hope, or distraction for a few minutes. Leave comments below if you have some good ideas for additional posts. If you like these videos consider bookmarking this page.)

This family moved from the city to what appears at first glance a desert somewhere in California - They have turned their property into a small homestead with their earthbag home and other earthbag buildings while capturing the hearts of some 226,000 + subscribers to their videos - There's mom and dad - two girls Bree & Shea and 2 boys Garen & Bryson - (daughter in law joins family at some point) and maybe 5 dogs - 2 cats - baby pig and 4-6 goats  lol 

Everyone in the family is gifted / talented and contribute from start to finish with every project - This is truly an amazing family doing amazing things - The videos, some being viewed 1.8M and some 4.5M times are not only valuable with HOW TO knowledge but are heart warming and entertaining - Enjoy our favorite picks in these 5 Segments 

Finish Roof, Burlap Ceiling & Building Cabinets | Earthbag Kitchen, Bath & Cabin | Weekly Peek Ep164

70,150 views• Nov 30, 2018  https://www.youtube.com/watch?v=vrLw9IE97eA

Demo Floor & Install Wood Tile | Earthbag Kitchen & Bath | Weekly Peek Ep165

63,164 views•Premiered Dec 7, 2018   https://www.youtube.com/watch?v=G6l1t7cnvAM

Complete Tile Floor, Cabinet Doors & Walled Up Pantry | Earthbag Kitchen & Bath | Weekly Peek Ep166

68,282 views•Dec 14, 2018 https://www.youtube.com/watch?v=Hd_wb2qGQPI

Pantry & Mesquite Post, Hanging Lights & Cabinets | Earthbag Kitchen & Bath | Weekly Peek Ep167

65,601 views•Dec 21, 2018   https://www.youtube.com/watch?v=1pvCbWLflOc

Paint Oven Cabinet, 3d Print Molds, Pipe Towel Racks | Earthbag Kitchen & Bath | Weekly Peek Ep168

71,982 views•Jan 11, 2019  https://www.youtube.com/watch?v=0g8KgEYvw7o

My Little Homestead Website: https://www.youtube.com/channel/UCr9ib9quyHJkEchOck4PG2w

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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

Restored Republic via a GCR- Rumors as of May 20, 2020

Thank you Judy

Restored Republic via a GCR: Update as of Wed. 20 May 2020

Compiled Wed. 20 May 2020 12:01 am EDT by Judy Byington,

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

"People who say it cannot be done should not interrupt those who are doing it."

Judy Note: Tier 4a,b (us, the Internet Group) emails with 800#s to set redemption appointments could be coming out overnight Tues. – Wed. 19, 20 May, or we could receive them any time through Thurs. 21 May. The public start for exchanges with the new rates was now scheduled for 2 June.

On Tues. afternoon 19 May it was decided that Zim and currency holders would have one appointment (instead of two). If you didn’t ask for the Contract Rates your appointment would last 30 min. If you were asking for the Contract Rates and/or if you had Zim your appointment could last for 90 min. See #J below for the change details.

Thank you Judy

Restored Republic via a GCR: Update as of Wed. 20 May 2020

Compiled Wed. 20 May 2020 12:01 am EDT by Judy Byington,

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

"People who say it cannot be done should not interrupt those who are doing it."

Judy Note: Tier 4a,b (us, the Internet Group) emails with 800#s to set redemption appointments could be coming out overnight Tues. – Wed. 19, 20 May, or we could receive them any time through Thurs. 21 May. The public start for exchanges with the new rates was now scheduled for 2 June.

On Tues. afternoon 19 May it was decided that Zim and currency holders would have one appointment (instead of two). If you didn’t ask for the Contract Rates your appointment would last 30 min. If you were asking for the Contract Rates and/or if you had Zim your appointment could last for 90 min. See #J below for the change details.

Evidently over last weekend President Trump signed an Executive Order making the new gold/asset-backed US Note liquid; Dubui 1 and Dubui 2 were fully funded from Yellow Dragon bonds and Historic Bonds were moving in Zurich.

On Mon. 18 May at 11:30 pm EDT a major green light lit up for the next phase of final asset redemption payout sequence. Tier 4b (us, the Internet Group), were still a go to receive 800#s in order to begin scheduling redemption appointments on Wed, or Thurs. 19-21 May.

By Tues. 19 May the Admiral, his team and those with SKRs could see their monies in their accounts. Tier 4a could now see their full exchange amounts in their accounts, though the accounts had a hold on them and wouldn’t be liquid until Tier 4b exchanged.

On Wed. 20 May Redemption Center personnel were scheduled to start working.

Iraq announced that their new Dinar rate would be international on Tues. 2 June, meaning their new in-country rate would likely be made public this week. President Trump, Judy Shelton, the US Treasury and Department of Defense were obligated to start Tier 4b this week so as to give enough time for currency exchanges and Zim redemption to finish before the IMF mandated start of public foreign currency exchanges at the new international rates on Tues. 2 June.

On the Restored Republic: Tues. 19 May Q Drops indicated that US Attorney William Barr’s claim that he didn’t have the information on Obama and Biden to open a criminal investigation that day, only put Obama Gate on hold while they went after criminals involved in FISA Abuse as the start of the Great Awakening worldwide.

Internationally thousands of US Military troops, the UN police force Interpol and local police entities continued to rescue dead or mangled children from the Cabal’s extensive network of underground tunnel Adrenochrome Factories worldwide and an elite Child Supermarket Pedophile ring was found to be operating out of an orphanage in Portugal that was frequented by politicians, judges and other elite pedophiles.

Benjamin Fulford’s Pentagon sources said, “the hospital ship USNS Mercy left Los Angeles on May 15th as Area 51 in Nevada and Croatia were hit with earthquakes.” They say the ship was filled with arrested Satanists and hinted that they destroyed underground bases at both locations after children were rescued from underground Adrenochrome manufacturing facilities. A recent report came out of Nevada from military personnel involved in the rescue.

Bill Gates: A member of the Italian Parliament Ms. Sara Cunial demanded the arrest of Bill Gates for pursuing Crimes Against Humanity, while during Robert Kennedy Jr.’s successful court case against mandatory vaccines, he said, “Indian doctors blame the Bill and Melinda Gates campaign for a devastating non-polio acute flaccid paralysis (NPAFP) epidemic that paralyzed 490,000 children.”

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

A. Tues. May 19 2020 5:30 pm EDT Fleming’s Military Intel Contact:

1. As of Tues. 19 May Tier 4a account holders (1000s of accounts) could see the full amount of their exchange in their accounts. However, there was a hold on it so it could not be accessed until Tier 4b redemption/exchanges.

2. On Tues. 19 May Reno was saying "BUCKLE UP" as Tier 4b was getting liquidity and a redemption / exchange start very soon this week.

3. We were still on Judy Shelton's timeline as Trump's redemption / exchange overseer of a start any time between today Tues. 19 May and Thurs. 21 May.

4. Over a month ago POTUS used his constitutional power under Article 2, Section 2 of the Constitution to appoint Judy Shelton to the Federal Reserve to bring down the fiat dollar, implement the gold standard, oversee the RV/GCR redemption / exchanges and convert the fiat dollar to a gold/ asset-backed US Note this month.

5. He asked for continued prayers that Deep State politicians and agency bureaucrats did not further interfere behind the scenes in this week's final roll-out.

6. Last Fri. 15 May Federal Reserve personnel were arrested behind the scenes when they colluded with Pelosi and Deep State Democrats to slow down the fiat USD-to-asset-backed-USN conversion process, creating part of the 48 hour delay last week.

7. Tier 4b emails could be coming out overnight tonight Tues. 19 May, though for security reasons, he could not specify on timing and decisions being made behind the scenes.

8. As of Tues. 19 May three countries had yet to sign off on the USN, so those countries’ currencies were not yet pegged to the US Note. The RV teams were working on finding a way around them. He asked for prayers for a clean way around these countries so the final global release sequence could continue without delay.

9. There would be a second appointment for the Zim. On the first appointment they would authenticate your currencies and give you rates on the currencies and a default rate on the Zim of $11 million to $250 million per 100T Zim note.

10. If you didn’t like the rates presented at your first appointment you could make a second appointment with your Wealth Manager who would help you apply for the higher Contract Rates. That could take anywhere from two days to six months. Though, you would have access to your monies during that time.

11. If you didn’t go for the higher Contract Rates you would have full access to your monies within 48 hours.

12. If you argued about the rates presented at your appointment you would likely be escorted out the door and unable to exchange.

B. Tues. 19 May 1:22 am EDT Fleming’s Military Intel Contact Update:

1. On Mon. 18 May at 11:30 pm EDT there was a major green light for the next phase of final asset redemption payout sequence leading to Tier 3-4a,b payouts and exchange appointments, starting with 800# notifications at any time in Head of Redemption Overseer Judy Shelton's window of Tues, Wed, Thurs. 19-21 May.

2. Over the weekend Dubui 1 and Dubui 2 were fully funded, presumably from completion or payouts of many Yellow Dragon bonds that had to come first.

3. On Mon. 18 May a source in Zurich was told that liquidity would finally be released between tomorrow Tues. 19 May and Thurs. 21 May, “they are very positive that THIS IS IT.”

4. This was it because:

(1) Trump promised the Chinese he would get the final payout and exchange sequence started Mon-Tues. 18, 19 May, which he did as of 11:30 pm EDT Mon. 18 May.

(2) Liquidity was paid out in final disbursements over the weekend – which means Tier 3, 4 a,b exchanges and payouts must start and follow Tues.-Wed.-Thurs. 19-21 May this week.

(3) Trump, Judy Shelton, the Department of Defense and US Treasury have to get exchanges started this week in order for the IMF to start the public (Tier 5) going by Mon 1 June and have the USN digital and physical currency ready for the public by then.

5. Some SKRs were already made liquid, with recipients under NDAs and gone dark, while other SKR holders were about to be made liquid as the next phase of payouts and exchanges-redemptions was starting.

6. A Redemption Center contact said "they would be on schedule to start working on Wed. 20 May.

7. On Mon. 18 May the Admiral and his team were sequestered and were supposed to be made liquid in USN overnight or by Tues. 19 May.

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

C. Thurs. May 19 2020 The Big Call, Bruce: Thebigcall.net: 712-770-4016 pin123456#

1. Judy Shelton was appointed as a special administrator of the Federal Reserve which was rolled into the US Treasury. She was in charge of the transition of the Federal Reserve fiat US Dollar to the gold/asset-backed US Note, the RV and getting other nations to peg into the US Dollar.

2. The gold/asset-backed US Note was now on the Bank screens as of 4:30 pm Thurs. 14 May.

3. Tues. 19 May the green light was given for the core groups to send out notifications for appointments.

4. A conference call happened at 11:05 am EDT today between the Tier 1, 2 Bank Heads.

5. By 10:30 pm EDT Tues. 19 May the workers would receive schedules for the upcoming days, with the 800#s going out after. It was not known if that happened.

6. The Tier 3, 4 Banks would be used for the public start now scheduled for 2 June.

7. The three countries left to peg into the US Dollar completed that connection on Tues. 19 May.

8. Historic Bonds have liquidity.

9. On Tues. afternoon 19 May it was decided that Zim holders would have one appointment (instead of two) that could last for 90 min. Non Zim holders appointments would last around 30 min.

D. Q Drops Tues. 19 May:

Tues. 19 May Q 4280 https://twitter.com/CBS_Herridge/status/1262441478019842048 "I have today." – Barr FISA = START Q News Conf Q + A w/AG Barr, “As to President Obama and VP Biden, whatever their level of involvement, based on the information I have today, I don’t expect Mr. Durham’s work will lead to a criminal investigation of either man. Our concern…is focused on others.

Tues. 19 May Q 4277: https://twitter.com/EYEDROPMEDIA/status/1262146618419183616 WEG1WGA Q “The Great Awakening, Worldwide”

E. Recent Global Currency Reset Events:

Fri. 27 March 2020 the IRS folded into the new US Treasury in Reno – effectively closing down the Cabal’s funneling of US Taxpayer dollars to themselves worldwide.

The gold/asset-backed US Note was on the Bank screens as of 4:30 pm Thurs.14 May.

Sat. 16 May Complete implementation of the Global Currency Reset where the old Cabal-controlled SWIFT global financial system was replaced by the new transparent Quantum Financial Block Chain System. On that same Sat. 16 May liquidity for the new gold/asset-backed US Note was released under a Trump Executive Order, authorizing release of funds for payouts of Historic Bonds, Paymasters, SKRs, Intermediate Accounts and all Tiers.

Sun. evening 17 May the new gold/asset-backed US Note was pegged to global currencies in order to trade it internationally. There had been a "world" global meeting where agreement was reached to release liquidity from Sun. 17 May on this next week. Rates were locked in on that Sun. 17 May and at 4 pm EDT and 7:15 pm EDT there were high level payouts and liquidity releases to start implementing the sequence phases.

Fri. 22 May to Fri. 5 June two weeks of a Perfect Storm, where many of the over 170,000 sealed indictments on political and global elites filed in US federal courts across the nation would be unsealed, with arrests in the works (over 1,000 had already been unsealed and acted upon).

Tues. 2 June the IMF mandate to start public foreign currency exchanges at the new international rates.

Sat. 4 July Q: ANYONE NOTICE WE ARE IN WEEK 3 OF PAIN…. WEEK 10 ENDS JULY 4TH….. THATS 120 DAYS BEFORE THE NOV. ELECTION.

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

F. Obama Gate: On Inauguration Day Comey told Obama Not to Pass info on Russia to incoming National Security Advisor Flynn: https://www.foxnews.com/politics/susan-rice-email-declassified-release-is-imminent-source Former FBI Director James Comey suggested to then-President Barack Obama in a January 2017 meeting that the National Security Council [NSC] might not want to pass "sensitive information related to Russia" to then-incoming National Security Adviser Michael Flynn, according to a newly declassified email that Flynn's predecessor sent herself on Inauguration Day.

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

G. Crimes Against Humanity, Bill Gates:

Here is a " Jaw Dropping " presentation given recently by a member of the Italian Parliament Ms. Sara Cunial, who demanded the arrest of Bill Gates for pursuing Crimes Against Humanity: https://youtu.be/Vn3EE7EMfXc ( 6:58 min. ) https://www.higherselfportal.com/in-epic-speech-italian-member-of-parliament-demands-arrest-of-bill-gates-as-a-vaccine-criminal-for-pursuing-crimes-against-humanity/

Who Is Bill Gates?: 3 videos

CorbettReport.com: https://www.corbettreport.com/ Bill Gates’ Plan to Vaccinate the World and the Bill Gates Population Control Grid (5 videos).

Bill Gates and Head of Pedophile Ring Jeffrey Epstein worked together on a Pedophile Project in Developing Countries: https://www.fort-russ.com/2020/04/bill-gates-worked-with-epstein-on-a-pedophile-project-involving-children-in-developing-countries/

Robert Kennedy Jr. said, “Indian doctors blame the Bill and Melinda Gates campaign for a devastating non-polio acute flaccid paralysis (NPAFP) epidemic that paralyzed 490,000 children.” See https://childrenshealthdefense.org/news/government-corruption/gates-globalist-vaccine-agenda-a-win-win-for-pharma-and-mandatory-vaccination.

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

H. International Child Sex Trafficking:

Adrenochrome Elite Documentary #2 Pedos in Power: https://youtu.be/HgO1_0F_A3s

Elite Politicians, Judges and Celebrity Child Supermarket Pedophile Ring: https://newspunch.com/police-child-supermarket-pedo-ring/?fbclid=IwAR1dL2yQqOPf0oVSgsT91W5Gt2So5qtyvmmi3O0tcUckXpmMHLK3-JviHtM European and international elite politicians, judges, and celebrities are pedophiles who buy children from a “child supermarket” disguised as an orphanage in Portugal, according to a former caretaker of the orphanage. https://www.facebook.com/groups/426361361163575/permalink/875445069588533/

I. Currency Exchange/Bond Redemption: Please treat the below as my guess. Official instructions would be available upon 800# release.

WARNING: DO NOT give your foreign currency or Zim Bonds to anyone to exchange, or redeem for you. If a Group Leader was telling you that they could obtain better rates for you, or saying not to go to your appointment at an Exchange Center, they were not telling the truth.

Anyone could exchange and redeem their currencies and/or Zim Bonds, and would have the same ability to obtain the higher Contract Rates as anyone else, as long as they did it at a licensed Exchange Center as per appointment through the 800#s.

I am not aware of how someone outside the US could redeem Zim Bonds. That question should be asked to the person who set up your appointment.

An hour or so prior to 800# release, Wells Fargo and HSBC Banks would send out over 530,000+ email notifications for appointments to currency and Zim Bond holders worldwide, along with instructions on how to exchange and redeem within your own country. Those emails would include links to a secured website. Clicking on that website with your computer or phone would automatically generate a code that identified your individual exchange/redemption as you set your appointment.

Exchange information would also be available on certain websites as below:

Dinar Chronicles: http://www.dinarchronicles.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
MarkZ Twitter: m.twitter.com/originalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/

J. Currency and Zim Bond Appointments: This information applied to redeemers in the US. Different countries would have their own regulations and rules. Please treat as my opinion only as deducted from Military Contact Intel reported by Fleming and Bruce:

The Elders wanted currency and Zim holders to get the highest rates for their humanitarian projects and/or investing in national and international humanitarian projects. Every currency and Zim holder would get an equal chance at the highest Contract Rates for their project presentations. It would be a level playing field. There would be one appointment, not two.

Currency exchanges not asking for Contract Rates: At your appointment if you didn’t have a humanitarian project and didn’t want to invest in the national and international humanitarian projects, your currency would be validated, you would be given a specific rate (higher than the 1:1 offered after June 2), your account would be set up, you would be given a debit card with a percentage of your monies immediately available and then receive the rest within 48 hours. Your appointment would last around 30 min.

Zim Redemption and Currency exchanges asking for Contract Rates: At your appointment if you had Zim and/or a specific humanitarian project and/or wanted to invest in the national and international humanitarian projects, your currency and Zim would be validated, you would be offered specific rates depending on your humanitarian project and/or investment interest in national and international humanitarian projects, your account would be set up, you would be given a debit card with a percentage of your monies immediately available, receive the rest within 48 hours. The “rest” would be dependent on the long term payout of your Zim. Your appointment could last around 90 min.

US Taxes: The IRS was severely downsized as it folded into the new US Treasury at the end of March 2020. We had 4-6 IRS agents per state to collect a flat tax of 15-17%. There would be no capital gains tax on the exchange or ZIM redemption, just a tax on interest earned from exchange/redemption proceeds (that was paid out over time).

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

Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive Satanic Ritual Abuse, Pedophilia and Child Sacrifice that was rampant in our international society.

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.

Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy

Courtesy of Dinar Chronicles

https://inteldinarchronicles.blogspot.com/2020/05/restored-republic-via-gcr-update-as-of_20.html

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Dinar Recaps Archives, Misc. DR770 Dinar Recaps Archives, Misc. DR770

Quotes On Life's Difficulties and The Power Of Words

.Quotes On Life's Difficulties and The Power Of Words

​What is the difference in school and life? In school you are taught a lesson and then given a test. In life you are given a test and taught a lesson -- Tom Bodett

WHAT IS DIFFICULTY? Only a word indicating the degree of strength requisite for accomplishing particular objects; a mere notice of the necessity for exertion; a bugbear to children and fools; only a stimulus to men -- Samuel Warren

Quotes On Life's Difficulties and The Power Of Words

Posted in Dinar Recaps Archives on 7/28/2019

​What is the difference in school and life? In school you are taught a lesson and then given a test. In life you are given a test and taught a lesson -- Tom Bodett

WHAT IS DIFFICULTY? Only a word indicating the degree of strength requisite for accomplishing particular objects; a mere notice of the necessity for exertion; a bugbear to children and fools; only a stimulus to men -- Samuel Warren

The greatest difficulties lie where we are not looking for them -- Goethe

It has been the glory of the great masters in all arts to confront and to overcome; and when they had overcome the first difficulty, to turn it into an instrument for new conquests over new difficulties; thus to enable then to extend the empire of science - Burke

It cannot be too often repeated that it is not helps, but obstacles, not facilities, but difficulties that make men -- W Matthews

Difficulty is a severe instructor, set over us by the Supreme guardian and legislator, who knows us better than we know ourselves, and loves us better too. -- He that wrestles with us strengthens our nerves and sharpens our skill -- Our antagonist is our helper -- Burke

The weak sinews become strong by their conflict with difficulties -- hope is born in the long night of watching and fears - Faith visits us in defeat and disappointment, amid the consciousness of earthly frailty and the crumbling tombstones of mortality -- E H Chapin

It is not every calamity that is a curse - and early adversity is often a blessing - Surmounted difficulties not only teach, but hearten us in our future struggles -- Sharp

To continue reading, please go to

https://www.brainyquote.com/

and

https://www.brainyquote.com/topics/difficulties-quotes

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Have I Told You I Used to Be Terrible with Money?

.Have I Told You I Used to Be Terrible with Money?

February 25, 2020 By Big Freddy Smidlap

I wasn’t a stupid dumb dummy about money. I just didn’t care!

Let’s take a chronological journey year by year to see what not caring about finances looks like. I took the hard way. I hope you took the easy way or at least easier than I did.

1986 – Start college 800 miles from my rural home in Northern, NY State. College was in Norfolk, VA and as soon as I got there I found out you could just sign up for unsecured credit cards right on campus. I must have signed up for 2-3 cards with about $1,000 limit each. That might have been a nice way to build credit but I went and used them. I don’t know what I bought. I think the student loan this year was about $2,500.

1987 – More college in Virginia. I had fine grades and was in an Academic Honors Program. I also had a full tuition scholarship but borrowed another $2,500 for room and board.

Have I Told You I Used to Be Terrible with Money?

February 25, 2020 By Big Freddy Smidlap

I wasn’t a stupid dumb dummy about money.  I just didn’t care!

Let’s take a chronological journey year by year to see what not caring about finances looks like.  I took the hard way.  I hope you took the easy way or at least easier than I did.

1986 – Start college 800 miles from my rural home in Northern, NY State.  College was in Norfolk, VA and as soon as I got there I found out you could just sign up for unsecured credit cards right on campus.  I must have signed up for 2-3 cards with about $1,000 limit each.  That might have been a nice way to build credit but I went and used them.  I don’t know what I bought.  I think the student loan this year was about $2,500.

1987 – More college in Virginia.  I had fine grades and was in an Academic Honors Program.  I also had a full tuition scholarship but borrowed another $2,500 for room and board.

1988 – Transfer colleges back to Upstate, NY to a fancy liberal arts school.  I probably borrowed another $2,500.  I did OK in school here but started spending on those cards to go out and socialize with a substandard girlfriend.

1989 – I must have gotten antsy and I quit school.  A friend invited me to move to Buffalo, NY and hang out and sleep on the couch in a house with a bunch of the track team.  At least housing was cheap but quitting school was another $2,500 loan with zero credits to show.

1990 – I worked a series of temp jobs in Buffalo and got hired at a cruddy environmental lab.  It seems like every future or starting chemist had to pay their dues with this garbage work at some point.  At least most of my chemistry friends did.  To this point I had never made more than 4 grand in a year but this big year it was almost $12,000!  I still spent on those credit accounts I opened in the 80’s. 

I didn’t pay anything on those student loans that were accruing at over 8%.  Interest rates were high in those days.  I spent most of my money eating at Denny’s or on beer.  I hadn’t discovered the glory of wine yet.  My share of rent was $150/month in a nice apartment and I had a car.  My best friend and I got fired from that lab job the day before Thanksgiving and that was a blessing.

Happy Thanksgiving, you boys are fired!1991 – We had spent the winter needing heating and electric assistance from the gub’mint due to our unemployment claims being delayed.  We still had cable and never fell behind on rent.  We played darts, watched a lot of Beavis and Butthead and continued to eat late night at Denny’s.  I moved to my benevolent Uncle’s place in my home town. 

The economy was tough and it was hard to get a decent job without having finished school.  Student loan and credit card interest continues to accue.  I didn’t care.  I was a fry cook and grill man at a chain pub called The Ground Round.

1992 – I would do anything for a J.O.B. including answering jobs ads in the Boston Globe.  I landed another crap job in another crap environmental lab outside Boston.  That’s a very expensive city.  I lived in a boarding house  full of dope fiends and degenerates who were mostly harmless. 

 

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

https://freddysmidlap.com/2020/02/25/have-i-told-you-i-used-to-be-terrible-with-money/

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

Tuesday Night X22 Reports 5-19-2020

Each Piece Is Being Put Into Place, First Economic Announcement Made - Episode 2178a

X22 Report: May 19, 2020

Trump is now giving relief to the farmers, they are now receiving 19 billion to help them out.

Trump administration is hitting China hard, they are allowing a chip maker from Taiwan build a manufacturing plant here in the US.

Trump has now made the first set of economic messages, he will sign an EO instructing regulations be removed and to reverse the supply chains.

Each Piece Is Being Put Into Place, First Economic Announcement Made - Episode 2178a

X22 Report:  May 19, 2020

Trump is now giving relief to the farmers, they are now receiving 19 billion to help them out.

Trump administration is hitting China hard, they are allowing a chip maker from Taiwan build a manufacturing plant here in the US.

Trump has now made the first set of economic messages, he will sign an EO instructing regulations be removed and to reverse the supply chains.

https://youtu.be/l4mrTNPCWVI?t=7

Boom Week Just Hit, Hunters Have Become The Hunted, Pain - Episode 2178b

X22 Report:  May 19, 2020

The [DS]/MSM is getting hit hard this week, first Trump tells the media that he is taking HCQ, they go crazy, then Grennell declassifies more information and the biggest bombshell is that the recordings are released for Biden, Kerry and Ukraine.

There is one recording where Biden is talking about the removal of the prosecutor for a billion dollars.

Q dropped more bread and the pain is coming, slow and steady so the [DS] feels the pain .

https://youtu.be/cxXSbZGA658?t=4

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

More News, Rumors and Opinions Tuesday Night 5-19-2020

TNT:

Tishwash: The specter of bankruptcy hangs over Baghdad

In an article published yesterday, Iraqi Prime Minister Mustafa Al-Kazemi revealed his assumption of his duties “in the shadow of an empty treasury, imperfect sovereignty and a loose weapon outside the framework of the state”, stressing that the Iraqi reality “is not envied after 17 years of change ... our country is intended to become An arena for the struggle of others, and the security of our citizens is threatened, not only from the continued ISIS and its sleeper cells, but also from the fugitive weapon.

” Al-Kazemi said, “Restoring the prestige of the state requires that the power of any party not be above the constitution and the law, and that the arms become in the hands of the state and its armed forces.” Referring to the economic crisis that the country is underneath, which revealed the fragility of the economy, by saying:

TNT:

Tishwash:  The specter of bankruptcy hangs over Baghdad

In an article published yesterday, Iraqi Prime Minister Mustafa Al-Kazemi revealed his assumption of his duties “in the shadow of an empty treasury, imperfect sovereignty and a loose weapon outside the framework of the state”, stressing that the Iraqi reality “is not envied after 17 years of change ... our country is intended to become An arena for the struggle of others, and the security of our citizens is threatened, not only from the continued ISIS and its sleeper cells, but also from the fugitive weapon.

” Al-Kazemi said, “Restoring the prestige of the state requires that the power of any party not be above the constitution and the law, and that the arms become in the hands of the state and its armed forces.” Referring to the economic crisis that the country is underneath, which revealed the fragility of the economy, by saying:

“The crisis includes all state institutions and their fabric And impede its economic revival, as it did not take place in the last period to promote vital sectors such as industry, investment, food security and others, "calling on political and parliamentary blocs to" support the new government by voting on candidates for vacant ministries. "

Many questions were posed by political sources after Al-Kazemi published his article, especially that it was a "bankruptcy declaration" according to the expression of some, at a time when people familiar with the financial and monetary reality rejected this "description". 

These, they told Al-Akhbar, they distinguish between "the storage available at the Ministry of Finance, and the storage available at the Central Bank," noting that former President Adel Abdul-Mahdi received the "storage" from his predecessor Haider al-Abadi and has approximately 20 trillion Iraqi dinars ( Approximately $ 1.6 billion). 

Abdul-Mahdi, in his attempt to accommodate the demanding demonstrations that started last October 1, launched a number of reform packages that cost this "storage" approximately 15 trillion dinars (1. Approximately $ 2 billion); Accordingly, Al-Kazemi received approximately five trillion dinars (approximately $ 400 million), and this does not suffice the public sector salaries for one month, prompting the current government to go to the International Monetary Fund to borrow and secure liquidity of five billion dollars in the next few months.

Today, Al-Kazemi’s major challenge is securing public sector salaries. If the government can secure it (about 6.5 billion dollars a month), this means preserving the existing political system, not just the political process. 

These concerns are attributed to the decline in oil prices globally, and the income has fallen to below 1.5 billion dollars a month. According to the information, Al-Kazemi’s government reduced its operating expenses, and adopted a policy closer to being a “financial emergency”.

The priority is to secure salaries, and this is what I announced yesterday by securing the salaries of this month without any deduction, provided that the budget is approved monthly, not annually, as usual.

To that, the Iraqi parliament announced yesterday the purchase of 1.363 million tons of local wheat since the beginning of the harvest season in the twentieth of last month, at a time when the Ministry of Agriculture expects that the local production will reach six million tons, in the current season, between April and May . 

And last March, Baghdad announced its need to import 1 million tons of wheat this year to “boost the stockpile, in anticipation of problems in supply chains due to efforts to combat the Corona pandemic across the world,” noting that last year, during the government of Abdul-Mahdi, Iraq achieved self-sufficiency in wheat and wheat production.   link

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

KTFA:

Don961:  Trump reveals that he has been using a drug for several days

2020.05.18 - 23:41  Baghdad - people   

US President Donald Trump has stated that he is taking the anti-malarial drug "hydroxychloroquine" to prevent corona virus, saying he was not infected with it, while he considered that this drug has an effect on infection.   

Trump said, in a press statement, followed by "NAS" (May 18, 2020), that he had been taking "hydroxychloroquine" about a week and a half ago, stating: "I asked the doctor, can I do it, which is a response. If you want it, please ... I take a pill One every day, no symptoms of Ali’s disease. ”  

Trump stated that he was subjected to a coronavirus screening test once every two days, indicating that all results were negative.  

The US president considered that there is a high possibility that the drug "hydroxychloroquine" has an effect on the Corona virus, asking: "What will you lose if you take this medicine?"   LINK

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

Samson:  Russia is shedding US Treasury bonds as standard

19th May, 2020

Russia reduced its investments in US treasury bills last March by 3 times, to $ 3.85 billion, according to US Treasury data. Thus, for the first time, Russia has reduced its investments in US Treasury bonds by this record size.

During January and February of 2020, Russia increased its investment in US debt instruments, after it had reduced it in December 2019.

He commented on this move to reduce Russia, President of the American Chamber of Commerce in Russia, Alexis Rodzianko, saying that Russia’s decision to withdraw funds from US treasury bonds may be due To market factors.

It is noteworthy that the returns of US bonds for 10 and 30 years fell at the beginning of last March to record levels, after a surprising decision by the US Federal Reserve (the US central bank) to cut interest rates by 50 basis points, to a range of 1% - 1.25% due to concerns related to the Corona virus. LINK

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

Pimpy  ...I'm really really starting to like this Prime Minister al-Kazemi...The more I read about him the more I really like this guy...he is cracking down on corruption over there in Iraq...al-Kazemi is no joke whatsoever.  This guy is draining the Iraqi swamp...

Angel1 ...an ambassador in Iraq in the green zone tells us this past week that the lower denoms are in the banks.  We've known that.  But they said something brand new that we didn't know...they are ready to disperse the lower denoms...here's what's interesting to me.  I don't believe those that were printed in March are inside of the vaults right now.  I believe whatever is in the vaults now per our intel, per our source, is going to be distributed, is going to be released and guess what's going to come up the rear back to the vaultsWhat they have been printing...what I'm excited about is the only reason they're going to print more because there's about to be a distribution of what you already have...that's what I'm excited about...I wasn't just excited about them printing lower denoms.  Heck we've already known that.  But why are they printing more Because there is now need for more...they are pushing this bad boy out in phases! ...it's right in front of us...it's time for distribution...

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

Keiser Report | What Went Wrong With Warren Buffett | E1542

May 19, 2020

In this episode of Keiser Report, Max and Stacy discuss the simple puzzle of the Chinese finger trap that children often fail to solve because they panic when they should relax.

This applies to the economic system in which the Fed and, to a lesser extent, the government panic and print rather than relax and just let the business cycle play out.

In the second half, Max talks to Preston Pysh of TheInvestorsPodcast.com about what went wrong with Warren Buffett and his style of investing.

They also discuss another legendary investor’s foray into bitcoin.

Paul Tudor Jones has sent the bitcoin community into a tizzy as the hedge fund manager points to the central banks as the reason he wants to own ‘the fastest horse in the race’ against money printing.

https://youtu.be/YqgYaDnhBO4?t=6

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Life Changing Economic Theories, Applied To Personal Finance

Life Changing Economic Theories, Applied To Personal Finance

The Woke Salaryman

My parents always insisted that I should make economics a core part of what I learnt in school.

So when I went to Ngee Ann as a Mass Communication student, I absolutely disappointed them.

That said, it’s never too late to start learning.

As part of my commitment to becoming a specialist with a generalist skillset, I’ve started to pick up economics along the way by reading articles and watching videos, just to see what I’m missing.

And it turns out, my parents were right. I was indeed missing out on a lot. Here are six theories that made me wish I went to JC and learnt the subject earlier.

Life Changing Economic Theories, Applied To Personal Finance

The Woke Salaryman

 My parents always insisted that I should make economics a core part of what I learnt in school.

So when I went to Ngee Ann as a Mass Communication student, I absolutely disappointed them.

That said, it’s never too late to start learning.

As part of my commitment to becoming a specialist with a generalist skillset, I’ve started to pick up economics along the way by reading articles and watching videos, just to see what I’m missing.

And it turns out, my parents were right. I was indeed missing out on a lot. Here are six theories that made me wish I went to JC and learnt the subject earlier.

econtheories_personalfinance-title_final[1].jpg

We’ve reframed these so that it applies to individuals instead of entire countries or geopolitical regions. Here’s to hoping it helps tweak your perspectives.

They certainly changed mine.

Law Of Diminishing Returns

econtheories_personalfinance-ldmr_final[1].jpg

Simply put: Allocating more time/resources/energy into something usually means a positive outcome. But there comes a point where adding more just doesn’t have a big impact anymore.

How you can think about it: If you work 8 hours a day, you are an acceptable employee with okay performance.

12 hours a day? You might be an exceptional employee with high performance. You might even get an increment because of your effort.

After that, it doesn’t make sense to work any harder or longer, at least when it comes to money. Your boss won’t pay you even more if you work 24 hours a day.

Likewise, you might be happier if you had a million dollars today. Even happier if you have 10 million. But subsequent millions? They won’t make you as happy.

That is why money rarely is the sole solution to a contented life.

Paradox Of Plenty, Or The ‘Resource Curse’

Simply put: If you have a lot of resources, but become overly reliant on it and don’t develop your own skills, then you’ll fall behind someone with fewer resources but with the right attitude.

How you can think about it: The reverse implication here is this: you might be born in a poor family, but if enough rich kids suffer from the paradox of plenty – and they will – you will not need to remain poor forever.

 

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

https://thewokesalaryman.com/2020/05/05/life-changing-economic-theories-applied-to-personal-finance/

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