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

News, Rumors and Opinions Thursday Morning 7-2-2020

.TNT:

Tishwash: Salaries ... available liquidity and silent empty and financial pockets

It has been about two weeks since the Iraqi employees working in the public sector received their monthly salaries, and many of them are waiting to receive their usual wages as if they were a financial “reward” and not a salary due for their work.

Employees have also become afraid of deductions that may be imposed by the authorities or other measures affecting their livelihoods, given the complex financial difficulties the Government has contributed to, and several factors exacerbated it; Including low oil prices, reducing Iraq's oil share after the "OPEC" agreement, and the economic effects of the Corona pandemic, in addition to the monetary and economic policies pursued by previous governments.

TNT:

Tishwash:   Salaries ... available liquidity and silent empty and financial pockets

It has been about two weeks since the Iraqi employees working in the public sector received their monthly salaries, and many of them are waiting to receive their usual wages as if they were a financial “reward” and not a salary due for their work.

Employees have also become afraid of deductions that may be imposed by the authorities or other measures affecting their livelihoods, given the complex financial difficulties the Government has contributed to, and several factors exacerbated it; Including low oil prices, reducing Iraq's oil share after the "OPEC" agreement, and the economic effects of the Corona pandemic, in addition to the monetary and economic policies pursued by previous governments.

Despite the directives that Prime Minister Mustafa al-Kazimi issued last Saturday to the Ministry of Finance to pay the salaries of state employees and retirees, and despite the relative improvement in the country's financial revenues derived from oil imports after the recent improvement in its prices, the government is still unable to adhere to the fixed monthly dates for the distribution Salaries are the result of the gap between the country's financial incomes and wage and salary expenditures, which are estimated at between 5 and 6 trillion Iraqi dinars per month (about $ 5 billion). The Prime Minister spoke a few days ago that his government had found an "empty treasury".

Yesterday, member of Parliamentary Finance Committee Adnan Al-Zarfi attributed the delay in the disbursement of employee salaries for the month of June to the duration of the currency conversion procedures.

He said in a press statement, "The delay in paying salaries is due to the currency conversion procedures, not to transfer salaries exchange every 40 days as is rumored," adding that "salaries will be launched by the Ministry of Finance during the coming days after completing procedures for transferring cash from hard currency to Iraq. ".

And broad sectors of Iraqi employees talk about the government deliberately delaying salaries by about 15 days to avoid distributing salaries about two months of each year, but government authorities deny this and invoke its financial crisis.

"I was supposed to receive my salary and the rest of my colleagues on June 16, but we have not received any notification yet," said Wafa Raji al-Fatlawi, the school at the University of Technology, in a press statement.

"Most employees feel very concerned these days, and they think that the government is practicing with them a kind of slow death policy, and there is a real fear that the authorities will be unable to fulfill their full obligations in the coming months," she added.

She pointed out that "the majority of employees suffer from harsh conditions; they have due financial obligations, and the delay in receiving salaries creates great problems for them. Unfortunately, the options are lacking before us, so we cannot demonstrate and protest because of the fear of the Corona virus."

Although the central bank confirmed the availability of the necessary cash to the Ministry of Finance to distribute salaries, the majority of employees did not receive the salaries of last June, which reinforces the concerns of many Iraqi families about their sources of income.

till then; The delay in paying the salaries of the employees paid the Oil Products Distribution Company affiliated to the Ministry of Oil yesterday to alert Al-Rashid Bank and the two state-owned Rafidain.
The document issued by the company addressed the two banks, saying: It is, "Given the repeated delays of the private salaries of our company employees, whose salaries are with you for the second month in a row on the Master Card from the date of June 16, until the date of June 30, contrary to the provisions, we warn you that you must adhere to the terms of the agreement and release our citizenship salaries with you in a manner Urgent, and the failure to pay salaries for the coming months, otherwise, legal action will be taken against you. "

With a source in the Rafidain Bank told {Euphrates News} that “the bank is awaiting the state of the employees, the Ministry of Finance will notify the employees’ salaries, ”stressing,“ We ​​do not know the reason for the delay in exchange despite the availability of financial liquidity to start distribution. ”
He was MP for the State of Law bloc Mansour Baaja delay employees and retirees pay the salaries for the month of June to now , especially after the announcement of the concerned authorities to provide financial liquidity for three months and the next state employees to date have not been paid and do not know the reason for delay. "

Said Baaja in today 's statement Thursday : " There is floundering It is clear to state institutions, including the Ministry of Finance, on the understanding that the Prime Minister has instructed them to pay salaries for nearly seven days, and the Ministry of Finance has not paid salaries to this day and did not explain the reason for not paying them, "noting that" in the House of Representatives we have initiated the law of internal and external borrowing from In order to provide financial liquidity, the law was approved and the competent authorities announced the provision of liquidity and the salaries were not spent. "

Al-Baiji called, "The prime minister to move quickly and order the payment of salaries of employees and retirees during the next two days and without any delay, especially as delaying them harms a large segment of the Iraqi people and cannot be allowed to do so is something that affects the life of the citizen. We are living a major health crisis and delaying the payment of salaries will exacerbate this crisis." .

For his part, the Director General of Accounting at the Central Bank of Iraq, Ihsan Shamran, said that the salaries of the employees would be disbursed at the beginning of next week, pointing to “re-deduction of bonds in favor of the Ministry of Finance by about 8 trillion dinars and that it would enable the Ministry of Finance to secure the employees’ salaries for the months of July and August. ”

Shamran stressed " the central bank is easy on the Ministry of Finance and the process of debt repayment for 10 years and now can receive money from the banks , “   link

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

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

Frank26  ...the intricacies of what can happen are complex.  We've taken you to the point of where it's at now.  It's coming up to on par 1 to 1 with the American dollar.  They say so.  What happens after that?  ...You think it's been difficult up to this point?  Just sitting having to wait?  That's all you had to do...it's gonna get even harder now.  For you to keep this money when you don't even know how to deal with money - good luck...don't you ever let your dinars out of your sight.  Never. 

Walkingstick   [via Frank26] ...the meeting they had between the CBI and the Fab 4 they were discussing on how to make the IQD equal to the value of the USD.  What is the value of the USDAbout $1.19.  So the USD is actually more than 1 dollar...that's the reason why they're not going to introduce fractional banking at the beginning and they're going to round it off to one to one.  Their goal now is they are going to put the IQD on par with the USD.  That's 1 to 1...the float will come in later...

Petra  ...all the effort.  All the work.  All the development. All the mechanisms.  Everything that's been done.  Everything that we await.  Can it be done without a change in the rate It can't.  Everything we're talking about here is critical...Every single thing we've been talking about the last several weeks must have a rate change for it to be engaged...it's a time bomb and it's ticking down...

Rob Kirby last warns: Financial crisis warns of coming Greater Depression - Can Gold & Silver Save Us?

Economic Predictions 2020:  Premiered Jun 29, 2020

https://youtu.be/ccS1HdOhzps?t=6

Iraqi Dinar News Update for 07/01/20

Pimpy’s Investment Chat:   Jul 1, 2020

https://youtu.be/d7WeFIfUT6E?t=

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Economics, Final Wake Up Call DINARRECAPS8 Economics, Final Wake Up Call DINARRECAPS8

Quantum Financial System and Gold is End of Slavery

.Quantum Financial System and Gold is End of Slavery

The Final Wake Up Call By Peter B Meyer

Money Backed By Debt Is A Crime Against Humanity

In today’s society, people around the world have taken it for granted that paper is money, but this is a nonsensical collective illusion that we have all been coerced into believing. Hundreds of years ago, when travelling, people accepted banknotes called traveller’s cheques because they believed that the banks issuing them were reputable.

Once the cheques arrived, a local bank, that knew the reputation of the bank that had issued those notes, could issue people new notes in local currency, without a central authority to certify the notes. But today, people no longer think that way. They believe that it takes a government to assure the value of money.

However, real money is based on natural characteristics, such as the fact that it is intrinsically valuable, durable, divisible, uniform, portable, scarce, and broadly accepted. These characteristics are essential for a medium of exchange to become an honest standard of widely accepted payment, which isn’t the case with currencies issued by Central Banks.

Quantum Financial System and Gold is End of Slavery

The Final Wake Up Call By Peter B Meyer

 Money Backed By Debt Is A Crime Against Humanity

In today’s society, people around the world have taken it for granted that paper is money, but this is a nonsensical collective illusion that we have all been coerced into believing. Hundreds of years ago, when travelling, people accepted banknotes called traveller’s cheques because they believed that the banks issuing them were reputable.

QFS-Gold-ends-slavery-300x159[1].png

Once the cheques arrived, a local bank, that knew the reputation of the bank that had issued those notes, could issue people new notes in local currency, without a central authority to certify the notes. But today, people no longer think that way. They believe that it takes a government to assure the value of money.

However, real money is based on natural characteristics, such as the fact that it is intrinsically valuable, durable, divisible, uniform, portable, scarce, and broadly accepted. These characteristics are essential for a medium of exchange to become an honest standard of widely accepted payment, which isn’t the case with currencies issued by Central Banks.

Unlike Central Bank issued currencies, Gold has always been valuable, as today’s debt money is someone else’s burden, with unreliable promises attached, that could end up not being honoured. Money backed by debt is a crime against humanity. It was invented by Mayer Amschel Rothschild and was built on the fact that money is a flow of energy (also known as currency) that is generated from the combination of raw materials, goods, services, and people’s labour.

debt-money-is-crime-against-humanity-300x295[1].png

In order to achieve a monopoly over all the energy on Earth, the Rothschilds developed a worldwide slave labour system by issuing debt money through their privately-owned central bank system that has infiltrated every government. Because the flow of currency was designed to be funnelled back towards them, this has given them a powerful first strike opportunity in the field of financial and economic control.

Through their control over the flow of currency and the bribing of all governments, they had their worthless debt money equated with people’s energy money, which is a fraud of scandalous proportions. Getting away with this fraudulent activity has enabled the Rothschild money changers to siphon the valuable energy of the people’s labour away from the people back towards themselves.

Money created out of nothing and backed by debt should not be allowed to purchase valuables, as it has been enabling this fraud to continue. As long as the illusion  that ‘debt-money’ has value is being imposed upon us, and we the sheeple continue to agree to this illusion and participate in it, then we will not be free from debt slavery.

Fundamental Problem With Money-Printing

The fundamental problem with printing money is that it gives people more currency, but doesn’t allow them to prosper. True wealth requires real growth, real savings, real investment, hard work, time, innovation, self-discipline, and all the other things that made the economy a powerhouse at first.

money-printing-300x216[1].png

But fake money, on the other hand, encourages speculation, conniving, corruption, and distrust which eventually dooms the empire into third world status. It also damages the real economy, which consists of savers, workers, innovators, long-term investors, and disciplined entrepreneurs.

These people are all being cheated by the institutions of central banking and government and this is speeding up the decline of the economic system. Empires require strong and reliable currencies, and by printing trillions of fake ones, central banks are pushing their empires down the hill.

It invites corruption. In a real, honest economy, what you get depends on what you give. People have to earn their money. In a money-printing economy, the wealth goes to those who are connected to power.

The long downhill march probably began in January 2000, with the collapse of the stock market. Back then, 40 ounces of gold was enough money to buy all the stocks in the Dow, but today, it’s only about 15 ounces despite much higher dollar prices. In real gold terms, capital industries are worth barely a third of what they were worth 20 years ago.

When a central bank economy is contracting it automatically creates a shortage of new debt, and because money is debt, this also creates a shortage of available money. There is less debt-money in circulation, and available money (also known as liquidity) becomes more scarce. Consequently, we are fast approaching the end of the existing global financial debt-money system.

The whole monetary system is intentionally self-destructing, by design. The excessive printing of fiat-debt-money has arrived in its final reflation stage of self-destruction. The amount of debt in the world has grown so excessive that the credit-system has gone into reverse mode, and now the paradox is occurring that there is no liquidity left to pay back the debt. 

Reflation-not-possible-300x171[1].png

Reflation is no longer possible and the deflationists are being proven correct. They are correct in regards to a credit system working in reverse with a negative feedback loop, stoking a deflationary death spiral.

It’s one thing to fake out investors with quantitative easing (QE) and fraudulent interest rates. It is another to dump trillions in helicopter money on what’s left of the Main Street economy. In the former case, it results in higher stock prices. Everybody is happy. In the latter, people get higher consumer prices. Making no one happy!

Gold Is Our Lifesaver

The result is a man-made economic catastrophe. No one knows how much it will cost, in real output only. But current estimates are running around $10 trillion. And that’s not counting the economic damage done by the central banks’ bailouts and money-printing, or the losses in the asset markets. Stocks alone are down about $5 trillion since early February.

Gold-is-our-lifesaver-300x195[1].png

Most people have no gold at all. Pity the poor fools. Gold is going to be reinstituted as money within our lifetime, simply out of necessity. But that can only happen at higher prices, since at this moment only about 6 billion ounces is available above ground for sale in the entire world.

After the current system collapses, as every paper money system in the past has done, some form of money will have to replace it, and it’s almost certainly going to be gold.

When people wake up and realise that most banks and governments are corrupt but also bankrupt, they’ll flock to gold, just as they’ve done for centuries. Gold will rise multiples of its current value. Expect a 200% rise from current levels, at the minimum. There  are many reasons,  why gold could see a truly significant gain. And in real terms, not just against paper money.

In the 19th century, the “paper money” was called banknotes. Why? Because they actually were notes from your bank representing a specified amount of real money on deposit. People carried these cheques because they were much more convenient for large amounts of money than chests of gold. Today’s “Central Bank Debt Notes,” are not bank notes from your bank, as these aren’t redeemable for anything besides more Central Bank debt notes.

That’s why today’s paper money substitutes are called fiat currencies; they have zero intrinsic value and are not redeemable for anything, but are accepted because the government will put you in jail if you don’t. It’s a fiat accomplished by force, not real value recognised by those who accept the notes.

Furthermore, Gold is the only asset class that is not also simultaneously someone else’s debt liability too. And in a world as financially unstable as today, you just don’t want to hold on to someone else’s debt liabilities any more than you have to. Especially if that is a liability of an entity like your government. 

Debt-as-Money-300x168[1].png

The Distinction Between Debt And Money

Governments, however, are not the only ones who think that debt is money. It seems that many people who get a bunch of credit cards, enabling them to spend beyond their means, imagine that they have money. And they also think that owning the debt of others – like government bonds – means they have money. A bank deposit isn’t really cash; it’s a debt of the bank.

Debt is not always repaid. Money, however, simply “is.” That distinction is lost on almost everyone. Don’t be among them. So people should own gold and silver because it’s money, because of its security, and because it’s an excellent speculation. That will protect people against the very rapid loss of value all currencies face in years to come. Inflation is going to truly get out of control.

Remember; Money is not debt it is the opposite of debt. All currencies on the face of the Earth, are central bank Notes subsequently these are debt. They are neither redeemable for anything by their issuer, nor is there a limit on how many can be created.

They represent only a vague claim against the “good faith and credit” of the government, which is to say the government’s ability to extract taxes from its subjects. But every government has shown their remarkable lack in good faith and are currently embarked on the course to destroy their credit.

Paper money is an excellent means for governments to tax people indirectly, surreptitiously, through inflation. That’s one reason central bankers love paper money. But also, phony economic theories, like those of John Maynard Keynes, hold that the government not only can, but should, meddle with the economy. The ability to print paper money gives them a means to do that.

The Central Bank Money System Is Kaput

Meanwhile, society has lost more young workers than older ones. Almost all young people, while the huge majority of people live by the sweat of their temples. That is, they earn money by selling their time.

In closing the economy, it prevented people from earning a living, which means it prevented them from earning the “wealth” that people need to live on. Impose curfews, shutdowns, and economic stoppages on everybody. In closing the schools, it prevents children from learning – assuming the schools serve any useful function at all, but it also prevents the children from building up their immunity that will prevent the disease from spreading. 

money-system-kaput-300x167[1].png

People make no money when they’re not working. They add no wealth to society. They learn no skills. Time, their most important asset, has been stolen away. Their lives have been impaired. Along comes the government and tell them, “No sweat, we’ll give you money.” The Pay Check Protection Program pretends to make them unbroken by replacing real time with fake money. A great victory? Of course not, it is just another scam.

The central bank money system is kaput, broken obsolete. Only, in the last two weeks the Central Bank has injected one Trillion extra in their system to keep the criminal banking system upright and functioning. But they should know it would not be lasting much longer before even more money has to be injected. For sure this is the end of the fiat money system. Gold is the only alternative to put the people economy forward, saving everyone on Earth.

Please help with waking up everyone by making them aware of this information and encouraging them to think for themselves and do their own research. Without the help of at least 50% of the populace, the corrupt Deep State operatives and cronies cannot be removed due to the chaos and confusion it would cause. Encourage the people in your life to discover the truth for themselves.

We have arrived at the most important intersection in world history; our choices will define the unfolding of our future. On one side is the continuation of the Deep State power control structure heading towards obliteration of our liberties as we can see is happening now with wearing masks, social distancing and travel restrictions, intended to crush our morale and end our prosperity step by step.

On the other side is the creative dissolution of Deep State corrupt governments and politicians, leading us to prosperity, freedom and friendship.

This is the most important collective decision we are all about to make. Nothing like this has ever been witnessed before in the history of humankind. In the blink of an eye, we will see all paper and electronic debt forms of wealth evaporate, completely levelling the playing field in order to implement GESARA with the new gold/asset backed monetary system known as the Quantum Financial System (QFS), free of any institutional interference.

It will be a complete new future for everyone on Earth, a future that is built on hard work, honesty, creativity, friendship and freedom.

http://finalwakeupcall.info/en/2020/07/01/qfs-and-gold-is-end-of-slavery/

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

Wednesday Night X22 Reports 7-1-2020

.It Has Begun, The USMCA Is Now Online, Watch What Happens Next, Nothing Can Stop This- Episode 2213a

X22 Report: Jul 1, 2020

Macy's is continuing with their recovery, sales are increasing as their stores come online.

Manufacturing bounces back, the system is coming online.

The economist were expected a small increase but the manufacture numbers were much higher.

The EU is now looking at the supply changes and they want them changed.

The USMCA comes online, everything is about to change.

It Has Begun, The USMCA Is Now Online, Watch What Happens Next, Nothing Can Stop This- Episode 2213a

X22 Report:  Jul 1, 2020

Macy's is continuing with their recovery, sales are increasing as their stores come online.

Manufacturing bounces back, the system is coming online.

The economist were expected a small increase but the manufacture numbers were much higher.

The EU is now looking at the supply changes and they want them changed.

The USMCA comes online, everything is about to change.

https://youtu.be/ofa1AvM2t5k?t=8

The 16 Year Plan Has Failed, The [DS] Worst Nightmare Has Come True, We The People - Episode 2213b

X22 Report:  Jul 1, 2020

The [DS] 16 year plan has failed, they are no pushing everything they have but the people are now seeing through their propaganda.

Slowly the people are being united, the Silent Majority will not be silent for much longer.

The patriots are in full control, they are allowing all of this to unfold so the people can see the truth.

The truth will set everyone free.

https://youtu.be/tv2-KifcF9A?t=4

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Economics DINARRECAPS8 Economics DINARRECAPS8

Great News From The Most Prosperous Nation On Earth

.Great News From The Most Prosperous Nation On Earth

Notes From the Field By Simon Black July 1, 2020 Bahia Beach, Puerto Rico

By the mid-1990s, the economy of Zimbabwe was in serious trouble.

The national government under its dictator Robert Mugabe had spent years confiscating private property– real estate, businesses, factories, bank deposits, etc.

And unsurprisingly, this had a disastrous effect on the economy.

Productive citizens and talented entrepreneurs left Zimbabwe in droves– after all, who would want to keep operating under such awful conditions?

So within a few years, everything from food production to mining output to manufacturing had plummeted.

The banking sector collapsed. Unemployment soared. Tax revenue dried up.

So Mugabe did what most politicians would do in that position: he started printing money.

Great News From The Most Prosperous Nation On Earth

Notes From the Field  By Simon Black  July 1, 2020  Bahia Beach, Puerto Rico

By the mid-1990s, the economy of Zimbabwe was in serious trouble.

The national government under its dictator Robert Mugabe had spent years confiscating private property– real estate, businesses, factories, bank deposits, etc.

And unsurprisingly, this had a disastrous effect on the economy.

Productive citizens and talented entrepreneurs left Zimbabwe in droves– after all, who would want to keep operating under such awful conditions?

So within a few years, everything from food production to mining output to manufacturing had plummeted.

The banking sector collapsed. Unemployment soared. Tax revenue dried up.

So Mugabe did what most politicians would do in that position: he started printing money.


Depositphotos_163967138_xl-2015[1].jpg

This is an old trick that governments have relied on for thousands of years.

The ‘denarius’ coin of ancient Rome, for example, contained 93.5% silver in the early 100s AD under Emperor Trajan. By the time Aurelian became emperor the following century, the coin contained only 5% silver.

And as the denarius became less and less valuable, prices across the empire soared. Merchants had to keep increasing their prices in order to receive the same amount of silver that they used to… so inflation was rampant.

This is precisely what happened in Zimbabwe.

The government conjured absurd quantities of money out of thin air in order to make ends meet… but the new money had no value.

It’s not like the central bank was able to create new mining production or agricultural output. They just created a bunch of paper.

And with trillions upon trillions of new Zimbabwe dollars flooding into an economy that was suffering an extreme depression, prices started to skyrocket.

By 2000, Zimbabwe’s annual inflation rate was a whopping 55%.

The following year more than 110%. By 2003 inflation was nearly 600%… and nearly 1300% by 2006.

But the government continued printing money.

By 2008 the inflation rate in Zimbabwe was so extreme that no one could even calculate it anymore. Economists estimated that it was as high as 800 TRILLION percent.

In April 2009, the government finally threw in the towel… and the country’s economic planning minister announced that the Zimbabwe dollar would be taken out of circulation “because there is nothing to support and hold its value.”

Duh.

Frankly, this is the case whenever any country simply conjures new money out of thin air: there’s nothing to support or hold its value.

So for the next ten years, Zimbabwe did not have its own currency; people used dollars, euros, renminbi, South African rand… any other currency they could get their hands on.

I’ve been several times to Zimbabwe– and the only Zim dollars I ever saw were in souvenir shops or wallpaper in people’s bathrooms.

Then last year the government of Zimbabwe decided to give it another try… and they launched a new Zimbabwe dollar (technically called the RTGS dollar).

Go figure, they’re once again in hyperinflation, with the most recent statistics estimating an annual inflation rate of 785%, and climbing.

This time, in addition to printing more money, the government has imposed strict capital controls. They suspended the stock exchange and have prohibited investors from pulling their money out.

They also shut down large parts of the local financial system a few days ago (which is dominated by mobile payment platforms) in order to prevent capital flight.

What’s truly remarkable, though, is that nearly every country around the world is following Zimbabwe’s example. 

Central banks everywhere, across Asia, Latin America, Europe, and North America, have conjured trillions upon trillions of currency units out of thin air since the pandemic started.

In the United States alone, the Federal Reserve has expanded its balance sheet by $3 trillion since March… and they’re barely getting started.

Meanwhile the federal government’s debt has increased by the same amount– roughly $3 trillion since March– in its quest to bail out every last person across America.

$3 trillion. Just think about that.

I remember in the late 1990s when $1 billion was still considered a lot of money. If the government was found having wasted a few billion dollars, it was a really big deal.

Then over the next decade came 9/11, endless wars, and the Global Financial Crisis. Suddenly banks were being bailed out to the tune of $800 billion.

That was a shocking figure at first. But eventually people got used to it.

Today these politicians and central bankers are throwing around TRILLIONS of dollars, like it’s nothing.

The US runs trillion dollar deficits each year. The federal debt increased by half a trillion dollars in the last month alone, soaring past $26 trillion, and it doesn’t even make headlines anymore.

In the span of 20 years, $1 billion went from being a lot of money, to a rounding error… and now $1 trillion doesn’t even make the news.

Honestly this pandemic is a politician’s dream come true– they have a free pass to create limitless quantities of money to pay for whatever pet project they want.

Universal basic income? Print money. Free healthcare? Print money. New roads? Print money.

Economists call this “Modern Monetary Theory”, and the idea is that prosperity is created by printing money, not by hard work and value creation.

It’s extraordinary that very intelligent people believe in this nonsense.

But if MMT were true, then Zimbabwe should be the most prosperous nation on earth.

Yet this is literally the second time in the past 20 years that Zimbabwe has gone down this road of printing money, and then hyperinflation.

You’d think Zimbabwe would have learned its lesson. Or at a minimum, you’d think the rest of the world would look at the experiences in Zimbabwe and think, “Let’s never do that… ever.”

But that’s clearly not the case.

Policymakers around the world, including in the US and Europe, are racing to become Zimbabwe as quickly as they can.

But they’re crazy enough to expect a different outcome.

To your freedom & prosperity, Simon Black, Founder, SovereignMan.com

 

https://www.sovereignman.com/trends/great-news-from-the-most-prosperous-nation-on-earth-28077/

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KTFA, Chats and Rumors Dinar Recaps 20 KTFA, Chats and Rumors Dinar Recaps 20

MilitiaMan and KTFA Members Wednesday PM 7-1-2020

.KTFA:

Samson: Today I hosted several Ambassadors of @EUinIraq nations to discuss the @IraqGovt's economic reform plan which will tackle the main obstacles preventing local and foreign investment in Iraq.
The Ambassadors offered technical assistance to help Iraq achieve its reform agenda. pic.twitter.com/raZ8jBWRbk

— Ali Allawi (@AliH_Allawi) July 1, 2020

Osmosis: Did any of them suggest you might want to possibly consider revaluing your currency?

Ryan1216: With Iraq it makes too much sense to revalue their currency which will alleviate all of their financial problems

KTFA:

Samson:  Today I hosted several Ambassadors of @EUinIraq nations to discuss the @IraqGovt's economic reform plan which will tackle the main obstacles preventing local and foreign investment in Iraq.
The Ambassadors offered technical assistance to help Iraq achieve its reform agenda. pic.twitter.com/raZ8jBWRbk

— Ali Allawi (@AliH_Allawi) July 1, 2020

Osmosis:  Did any of them suggest you might want to possibly consider revaluing your currency?

Ryan1216:  With Iraq it makes too much sense to revalue their currency which will alleviate all of their financial problems

MilitiaMan:  Specialists warn of the repercussions of the devaluation of the dinar   link  

MilitiaMan:  They are beating this into peoples heads.. They are not going to devalue the currency.. End of story. They are going to go to a market economy. That requires Article 8 compliance. imo Article 8 compliance is to raise the value of the IQD. imo

The 2019 Financial Management Law Amendment from the 2019 Budget has that rate in it. Hence, imo is why we haven't seen it yet. They cannot expose it to the Parliament until the right time.

Parliament has been complaining about that, that it has not been presented yet. Well, the PM showed up yesterday with something for the parliament and from the looks of things it wasn't the FMLA, imo anyway. There was a delay it seems and there may have been a good reason for it to be delayed. Just as we see that there is nothing concrete yet in regard to the taxes, tariffs and fees at the customs borders and ports.

They too, requires the rate to adjust accordingly for the fees, taxes, tariff's, etc. imo  ~ MM 

Al-Saffar added that "after delaying the budget, the government will rely on the monthly interim budget 1/12", stressing, "The government should not rely on the 12/12 monthly budget for 2019, because the disbursement and revenue process requires a legal cover represented by the budget law

The decision of the Finance Committee, Ahmed Al-Saffar stressed that "the implementation of Law 12/1 is not permissible in such circumstances, because the general situation of the country differed, and everything related to revenues, oil prices and exchange (r)ates also changed, so without a budget approval the government is not entitled to  receive any revenue , And the only legal cover is the budget law

MilitiaMan:  They us show in the above that there is a concern because the situation is different and they note that the exchange rate ( See article that shows "gate".) has also changed. As in past tense. That has to make one wonder about the on goings from here.

They clearly were expecting this to go smoothly. But, there is or was obviously something that transpired to delay things to be brought to the Parliament. 

Here is a different issue that too requires a rate change imo. There has also been a delay in in salaries. Coincidence? I think not. The salaries being delayed is interesting. If they were to be paid at a program rate, why, would that be a problem? It wasn't last month or subsequent months in this manner or time frame. We can see up to today they still have yet to raise the rate, show the budget nor pay the salaries. imo The below show the reason for the delay.

There was a procedural issue in the currency conversion process from hard currency to Iraq. Interestingly enough hard currency is typically international currencies, imo..

Now why would there be a problem at a program rate, they haven't had that before imo?.. Unless the conversion process is not for a a program rate at all? It is possibly a new international rate that could be what is needed to get sorted within days, hence the coinciding of delays; with taxes, tariff's, fees, salaries and assorted yearly budgets to move forward...

Keep in mind the security that was sent to the borders for o make sure they were secure from mafia, gangs, certain people, etc..  ~ MM

It looks as though they have made arrests and may make more in regard to corruption. So, is the delay being openly spoken about? Yes, it sure has. So, imo those that seem to think nothing is being done and it is same old same old, imo, it is far from it.

The data we have before us is off the charts good. I think everyone in the forum and TC should have enough floaties on to be safe on the cliffs.. As the swell I am awaiting for is about to breach them!!! ` imo ~ MM

"A source familiar with the Central Bank revealed, on  Monday (29 June 2020), a development that will allow the release of employee salaries for the current month of June within two days."LINK

Parliamentary finance determines the reasons for the delay in the salaries of employees

The committee member, Adnan Al-Zorfi, said, according to the official media, that "the salaries of the employees will be launched by the Ministry of Finance during the coming days after the completion of transferring the procedures for transferring cash from hard currency to Iraq."

He added that "the reason for delaying the payment of salaries is due to the procedures for the currency conversion period and not to transfer the salary payment every forty days as it is rumored."

Earlier, Prime Minister Mustafa Al-Kazemi directed the Ministry of Finance to expel the salaries of employees. LINK

A spokesman for Al-Kazemi said it is likely that measures will be taken to combat corruption at border crossings

30th June 2020

The spokesperson for the Prime Minister, Ahmed Mulla Talal, suggested that the government will, in the coming days, take

measures to impose the prestige of the state on border crossings to reduce corruption

Mullah Talal said in a press conference attended by "Gilgamesh Press", "Last week, there was intelligence information about an attempt to target sensitive areas and international representations, and the counter-terrorism agency dealt quickly with that attempt."

He added, "The arrest warrant was issued against one person, and 13 people who were present with the wanted were arrested," noting that "only 13 people were released and what is still required is under the jurisdiction of the judiciary." He added, "What is required is handed over to the judiciary and the judiciary is the one who will take appropriate measures against him and the prime minister has no interference with judicial orders."

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Iraq News Highlights From BondLady’s Corner

.Iraq News Highlights From BondLady’s Corner

TLM 724 Administrator

Mr. Al-Kaabi surprisingly: Finance allocates 50 billion dinars for health after it is too late and the death of hundreds of Iraqis because of the lack of oxygen

07/01/2020 Al-Kaabi: Procrastination by the Minister of Finance and his failure to respond to the request of the Parliamentary Crisis Cell with the funding of the Ministry of Health was a direct cause of the rise in deaths across the country Suspect

Mr. Hassan Karim Al Kaabi, First Deputy Speaker of the House of Representatives, head of the Parliamentary Crisis Cell, expressed his extreme surprise at the Ministry of Finance allocating 50 billion dinars to the Ministry of Health to confront the Corona virus after "it is too late" and the death of hundreds of our dear people due to the lack of oxygen and the lack of a family and Drug supplies and medical supplies needed in country hospitals.

In a statement today, Wednesday July 1, 2020, the head of the Parliamentary Crisis Cell considered that procrastination and delay in responding to repeated requests for the Parliamentary Crisis Cell by the Minister of Finance and the advanced staff in the Ministry and the failure to finance the Ministry of Health with sufficient funds to confront the Corona epidemic and bridge the shortfall in health, pharmaceutical and medical equipment One of the direct causes of the high rate of infections and deaths with this virus was in Baghdad and the general provinces.

Iraq News Highlights From BondLady’s Corner

TLM 724 Administrator

Mr. Al-Kaabi surprisingly: Finance allocates 50 billion dinars for health after it is too late and the death of hundreds of Iraqis because of the lack of oxygen

07/01/2020  Al-Kaabi: Procrastination by the Minister of Finance and his failure to respond to the request of the Parliamentary Crisis Cell with the funding of the Ministry of Health was a direct cause of the rise in deaths across the country Suspect

Mr. Hassan Karim Al Kaabi, First Deputy Speaker of the House of Representatives, head of the Parliamentary Crisis Cell, expressed his extreme surprise at the Ministry of Finance allocating 50 billion dinars to the Ministry of Health to confront the Corona virus after "it is too late" and the death of hundreds of our dear people due to the lack of oxygen and the lack of a family and Drug supplies and medical supplies needed in country hospitals.

In a statement today, Wednesday July 1, 2020, the head of the Parliamentary Crisis Cell considered that procrastination and delay in responding to repeated requests for the Parliamentary Crisis Cell by the Minister of Finance and the advanced staff in the Ministry and the failure to finance the Ministry of Health with sufficient funds to confront the Corona epidemic and bridge the shortfall in health, pharmaceutical and medical equipment One of the direct causes of the high rate of infections and deaths with this virus was in Baghdad and the general provinces.

https://www.bondladyscorner.com/t208098-mr-al-kaabi-surprisingly-finance-allocates-50-billion-dinars-for-health-after-it-is-too-late-and-the-death-of-hundreds-of-iraqis-because-of-the-lack-of-oxygen

The Council of Ministers holds its regular session, headed by Prime Minister Mustafa Al-Kazemi

June 30-2020  The Council of Ministers held its regular session, today, Tuesday, 30 June 2020, headed by Prime Minister Mustafa Al-Kazemi, devoted to discussing a number of issues on its agenda.

At the beginning of the session, the Minister of Health and Environment presented a detailed report on the developments in the work of the Committee to Promote Governmental Action in the areas of prevention, control, health, and awareness regarding reducing the spread of Corona Virus, which was established by Diwan No. 217 of 2020.

The Council discussed the measures taken by the Ministry of Health, and the financial allocations allocated to confront the Corona pandemic, and provide all the necessary capabilities to surround the disease and reduce the incidence of injuries.

The Cabinet issued a number of decisions and recommendations:

First: The Ministry of Finance funded the Ministry of Health with an amount of fifty billion dinars from the emergency reserve for the past year due to the Corona virus pandemic, provided that the Ministry of Health disbursed it exclusively to face the pandemic.

https://www.bondladyscorner.com/t208099-the-council-of-ministers-holds-its-regular-session-headed-by-prime-minister-mustafa-al-kazemi

Deputy: Parliament gave Al-Kazemi 60 days to provide solutions to the economic crisis, and he did not provide anything until today

Praatha News Agency75 2020-07-01  Representative Hussein Al-Aqabi considered that the government headed by Al-Kazemi has no vision or seriousness in solving the current economic crisis, indicating that the parliament has not received anything in this regard.

Al-Aqabi said in a press interview that "the economic crisis in Iraq is increasing in a complex manner and there is no vision, seriousness or serious treatment by the government in solving it," noting that "the government has not provided practical steps that are considered within the work of the executive authority to deal with this crisis."

He added, "The House of Representatives gave the government 60 days to present its full plan in this regard, but we did not receive anything in writing and we have not seen procedures until today."

Stressing the need for "the crisis to be resolved urgently and strategically, it should change the current government from its vision and not act in accordance with the policy of previous governments."

https://www.bondladyscorner.com/t208100-deputy-parliament-gave-al-kazemi-60-days-to-provide-solutions-to-the-economic-crisis-and-he-did-not-provide-anything-until-today

Oil rises, Brent exceeds $ 42

Praatha News Agency 62 2020-07-01  Oil prices rose, on Wednesday, after data showed that there was a sharp drop in US oil stocks during the past week, with Brent recording more than 42 dollars.

Data from the American Petroleum Institute showed that crude oil stocks in the United States recorded a sharp decline last week, as gasoline stocks declined, while distillate inventories rose.

Crude inventories fell 8.2 million barrels in the week ending June 26 to 537 million barrels, while analysts' expectations indicated a decrease of 710,000 barrels.

The prices of Brent mix rose at 10 am Baghdad time, one dollar, or 2.45%, to record 42.28 dollars, while US crude prices rose 1.02 dollars to 40.28 dollars.

The Petroleum Institute said that oil inventories at the delivery center in Cushing, Oklahoma, increased by 164,000 barrels.

The Institute of Petroleum data showed that last week, US imports of crude oil fell 1.2 million barrels per day.  https://www.bondladyscorner.com/t208101-oil-rises-brent-exceeds-42

Parliamentary finance determines the reasons for the delay in the release of employee salaries

Political| 12:41 - 01/07/2020  Baghdad - Mawazine News,  The Finance Committee in the House of Representatives, on Wednesday, identified the reasons for the delay in the launch of employee salaries for the month of June.

The committee member, Adnan Al-Zorfi, said, according to the official media, that "the salaries of the employees will be launched by the Ministry of Finance during the coming days after completing the transfer of procedures for transferring cash from hard currency to Iraq."

He added that "the reason for delaying the payment of salaries is due to the procedures for the currency conversion period and not to transfer the salary payment every forty days as is rumored."

Earlier, Prime Minister Mustafa Al-Kazemi directed the Ministry of Finance to expel the salaries of employees.

https://www.bondladyscorner.com/t208102-parliamentary-finance-determines-the-reasons-for-the-delay-in-the-release-of-employee-salaries

19 billion dinars has been allocated to him .. a project to improve Internet service in Iraq

Local| 01:36 - 01/07/2020  Baghdad - Mawazine News  , The Ministry of Communications revealed, on Wednesday, a prospective project to improve Internet service in the country.

"The ministry has a project for access gates, for which an amount of 19 billion dinars has been allocated, for the implementation of the first stage of it by one of the security agencies, and because of the routine and conditions that Iraq lived at the end of last year, it has prevented Without receiving the amount and commencing the project. "

He stated, "The Media and Communications Commission has allocated 12.5 billion dinars to the Ministry, while the remainder of the amount will be added for the purpose of implementing the project from the General Company for Communications and Informatics from its operational budget."

Al-Asadi pointed out that "stopping smuggling operations has nothing to do with improving the Internet service," noting that "improving the service depends mainly on changing the work of the Internet method in Iraq from"

He went on to say that "this project will make us dispense with towers and replace them with poetic lines of light for every house."

https://www.bondladyscorner.com/t208104-19-billion-dinars-has-been-allocated-to-him-a-project-to-improve-internet-service-in-iraq

Learn the exchange rate of the dollar against the Iraqi dinar

Economie| 10:32 - 01/07/2020  Baghdad - Mawazine News

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Wednesday, (July 1, 2020).

The prices of the Kifah Stock Exchange - Baghdad recorded 122,550 dinars per 100 dollars.

Buying and selling prices in banking shops:

The selling price of the dollar = 123,000 dinars per 100 dollars.

The purchase price of the dollar = 122.000 dinars per 100 dollars. End

https://www.bondladyscorner.com/t208105-learn-the-exchange-rate-of-the-dollar-against-the-iraqi-dinar

Member of the Government Program Committee: Iraq needs 7.6 trillion a month to meet its needs

Economie| 09:45 - 01/07/2020  Baghdad - Mawazine News,  member of the monitoring and implementation of the government program, Vian Sabri, confirmed on Wednesday that Iraq needs 7.6 trillion a month to meet its needs.

Sabri said in a televised interview followed by Mawazine News: "We voted on the borrowing law because it is the only solution, but Iraq needs 7.6 trillion a month to meet its needs."

She added, "The borrowing law was devoted to investment and the development of regions, and that was why it was voted on," calling for "the necessity of approving the budget because it contains financial details."

https://www.bondladyscorner.com/t208106-member-of-the-government-program-committee-iraq-needs-7-6-trillion-a-month-to-meet-its-needs

A parliamentary proposal to prepare a semi-annual budget

Wednesday 01 July 2020  Baghdad / Muhannad Abdul-Wahab  The Finance Committee of the House of Representatives suggested that the government prepare a semi-annual budget for the next six months remaining of this year 2020 and send it to the House of Representatives for approval, in order to conduct the state’s financial affairs, after yesterday, Tuesday 30 June, the legal period supposed to send the general budget to 2020 has expired Parliament without accomplishing this.

The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, told Al-Sabah: “The committee was waiting for the government to send the budget to the parliament yesterday, Tuesday 6/30 according to the scheduled date.” ».

He emphasized that «the government should not rely on the 12/12 monthly budget for 2019, because the disbursement and revenue process requires a legal cover represented by the budget law», explaining that «either a monthly budget is approved, or a semi-annual budget law is sent for approval in the House of Representatives ».

He added that «work without the presence of a headquarters budget law; The parliament will not be allowed to exercise its oversight role over exchange and revenue, so we are awaiting the government’s opinion, ”explaining that“ legal solutions lie in the approval law, which is not a substitute for the budget, so the committee agreed to approve the budget so that the government can provide liquidity to implement its obligations, and that what Concerning exchange and revenue, it must have legal cover. ”

Al-Saffar reiterated that "the implementation of Law 12/1 is not permissible in such circumstances, because the general situation of the country differed, and everything related to revenues, oil prices and exchange gates also changed, so without a budget approval the government is not entitled to receive any revenue, and the legal cover The only one is the Budget Law. ”

He pointed out that "the committee communicates with each other via the Internet because of the health status of the Corona pandemic and the disruption of the council," noting that "the proposals that the government must legally put in place are for the government to send a bi-annual budget for the next six months;

Includes the operational budget only, and part of the investment approved by the House of Representatives within the borrowing law, and up to 15 percent of the amounts borrowed for ongoing projects in the 2019 budget law, and approved in the House of Representatives, with work to prepare the budget of 2021 in both its operational and investment aspects, and that is the legal solution ».

Al-Saffar stressed that "the government should focus on the operational side of the semi-annual budget, as well as focus on the investment side for 2020 relocating to the budget of 2021, and that the government start preparing the draft budget for 2021."

https://www.bondladyscorner.com/t208107-a-parliamentary-proposal-to-prepare-a-semi-annual-budget

The White Reform Paper ... a step to maximize the country's financial resources

Wednesday 01 July 2020  Baghdad / Hussein Faleh  Economists believe that the white financial and economic reform paper that the government intends to implement will maximize the country's financial resources and reduce unnecessary expenditures and fight corruption, in addition to that it will focus on the living economic aspects that generate additional resources for the state, as it will target the development of productive sectors and the activation of taxes and customs duties .

Member of the Committee on Economy and Investment, Nada Shaker Jawdat, told Al-Sabah: “Her committee held a meeting with Prime Minister Mustafa Al-Kazemi in the presence of Finance Minister Ali Abdul Amir Allawi to discuss the challenges of the financial and economic situation in the country, as well as the white reform paper.”

Economic aspects

She added, "The Prime Minister spoke about the reform paper, and emphasized that his government is in the process of preparing this paper, which will target vital economic aspects in order to maximize the country's financial resources, reduce unnecessary expenditures and combat corruption in some parts of the country."

She suggested that "the reformist white paper targets border ports, whether in the central and southern governorates or in the Kurdistan region in terms of controlling them and stopping the rampant corruption in them and forming new departments for those outlets, as well as targeting seaports and activating customs duties on goods to be a money-generating port, as well as Activating taxes on other companies and projects. "

The oil sector

She added, "It will also focus on the telecommunications sector, which is no less important than the oil sector, since tax money can be collected by telecommunications companies, and also can benefit from Tunisia's experience in this field, which forced telecom companies to donate billions of dollars, stressing the need to impose taxes on an auction." Selling hard currency to the central bank. "

She noted that "the hard currency auction needs to be reconsidered because the amount of money sold daily does not match the size of the importer, indicating that it submitted an application in official books to impose taxes on the money that goes to the imports."

She stressed the necessity of activating the agreement concluded with the Kurdistan region to hand over the dues of the region in exchange for delivering 250 thousand barrels of oil to Baghdad, stressing that the Kurdistan region has not yet complied with the agreement concluded between the two parties while the federal government is committed to paying salaries and dues to the region.

https://www.bondladyscorner.com/t208108-the-white-reform-paper-a-step-to-maximize-the-country-s-financial-resources

The private sector is demanding to run its council

Wednesday 01 July 2020 Baghdad / Al-Sabah  Activating the role of the private sector in development did not see the light to this day despite the approval of the Council of Ministers to approve the strategy for developing the private sector prepared in cooperation with the United Nations program, as it looks to be a real hub in achieving economic development and the advancement of productive and service sectors, and that it is confronting the administration of the Development Council private sector.

Member of the Board of Directors of the Baghdad Chamber of Commerce, Muhammad Zaboon stressed that "the private sector is looking forward to taking its real role in decision-making, advancing the economic reality, defending the rights of workers in it and protecting their interests that were entrusted to the initiative to establish a private sector development board that manages implementation in accordance with private sector policies And his directions. "

development process

He added: "The establishment of the Private Sector Development Council must take place according to contexts that serve the development process that this sector will have under the constitution.

https://www.bondladyscorner.com/t208109-the-private-sector-is-demanding-to-run-its-council

Oil announces June exports and imports

Time: 7/01/2020 11:18:45 Read: 4,095 times  {Baghdad: Al Furat News} The Ministry of Oil announced the total exports and revenues accrued for the month of June, according to the preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO).

The ministry’s spokesman, Assem Jihad, said in a statement that the Al Furat News Agency received a copy of it that “the amount of exports of crude oil reached (84) million and (490) thousand and (194) barrels, with revenues amounting to more than two billion and (861) One million and (140) thousand dollars. "

And between, "The total quantities of exported crude oil for the month of June from the oil fields in central and southern Iraq amounted to (81) million and (7) thousand and (675) barrels, while from the Kirkuk fields through the port of Ceyhan, the quantities exported (3) million And (482) thousand and (519) barrels. "

Jihad pointed out that "the total daily rate of exports amounted to two million (816) thousand barrels, where the daily rate of export from Basra ports was two million (700) thousand barrels, and from Ceyhan the daily average was (116) thousand barrels" indicating that the rate The price of a barrel was (33.864) dollars. "

He pointed out that "the oil ministry and through faith in the people briefed on the export operations and revenue derived from it has taken this monthly procedure"

https://www.bondladyscorner.com/t208110-oil-announces-june-exports-and-imports

Parliamentary Communications: 100 billion dinars in debt due to phone companies

Time: 7/01/2020 {Baghdad: Al Furat News} The Communications and Media Committee in the House of Representatives revealed that the mobile phone companies have not received the sales tax amounts that were imposed on the mobile phone recharge cards since 2015 until now.

Committee member Aswan Salem Al-Kuldani said in a press statement that "sales tax - including mobile phone credit card mobilization cards - was imposed in 2015 to boost public treasury imports after global oil prices fell, and was ratified by the House of Representatives under the Federal General Budget Law."

He pointed out, "Although these companies made the citizen bear the taxes, the government has not yet received any sums that resulted from that."

He added that the amounts due to those companies in debt amounted to about 100 billion dinars, as well as the presence of dozens of lawsuits that have not been resolved until now because of the pressure to cover up those companies. "

Among the Chaldean, that" mobile phone companies procrastinated too much in order to keep On its debts indefinitely, despite the passage of Iraq in more than one financial crisis, it was possible to invest the funds held by those companies to improve the country's economic situation.

https://www.bondladyscorner.com/t208111-parliamentary-communications-100-billion-dinars-in-debt-due-to-phone-companies

Economist for / Nina:: Iraq’s returns from the dollar decreased from 6 billion to less than a billion and a half dollars

Wednesday 01, July 2020 09:25 | Economical  Baghdad / Nina / The economic expert attributed the secretary’s safety, the high dollar exchange rate against the Iraqi dinar for the citizen’s fear of the collapse of the local currency and the resort to saving the dollar, noting that Iraq’s monthly returns exceeded 6 billion dollars, and these returns are now less than a billion and a half billion dollars.

Al-Amin said in a statement to the Iraqi National News Agency ( NINA ): The Corona pandemic has adversely affected the Iraqi economy, as it mainly depends on selling crude oil to finance the budget and investment and operational activities, and when crude prices fell globally because of the pandemic, Iraq received painful blows that it was unable to finance His operating activities, such as salaries and services, did not compel Parliament to legislate the internal and external borrowing law to finance its operating budget and secure employee salaries and service expenses. "

He pointed out, "The shortage in the foreign currency (the dollar) is caused by the decline in Iraq's financial returns from selling oil. After Iraq’s monthly returns exceeded $ 6 billion, these returns have become less than a billion and a half billion dollars, causing citizens and companies to fear the depreciation of the value of the dinar against The dollar rushed to save the dollar instead of the dinar, which caused the dollar to rise against the dinar.

He continued: The government's reform measures to fight corruption, return smuggled and wasted money, reduce expenditures, follow up on double salaries and maximize non-oil revenue would maintain the dinar exchange rate against the dollar. /

https://www.bondladyscorner.com/t208112-economist-for-nina-iraqs-returns-from-the-dollar-decreased-from-6-billion-to-less-than-a-billion-and-a-half-dollars

https://www.bondladyscorner.com/

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Bruce’s Big Call Intel Tuesday Night 6-30-20

.Bruce’s Big Call Intel Tuesday Night 6-30-20

Call Transcribed by WiserNow Emailed to Recaps

Welcome everybody to The Big Call tonight – it’s Tuesday June 30th the last day of the month and you’re listening to The Big Call – Thanks for tuning in everybody - all over the globe

There are people that are coming on the call that are new and may not have been on the ride for the last nine years like we have – I have been in this thing for 16 years and I’m looking at this and saying well “What have I not said?” But it’s not what I haven’t said but it’s what do I need to say again because there are some people that have been it a few weeks – a few months and haven’t really heard everything –

So - I am going to try to recap where we are and what the exchange experience is going to be like – especially if you are a Zim holder – so let’s start first of all with – usually I bring in information from either China or Iraq to bring us up to speed where we are then I will go into the exchange and redemption center appointments – and what those might feel like –

Bruce’s Big Call Intel Tuesday Night 6-30-20

Call Transcribed by WiserNow Emailed to Recaps

Welcome everybody to The Big Call tonight – it’s Tuesday June 30th the last day of the month and you’re listening to The Big Call – Thanks for tuning in everybody - all over the globe

There are people that are coming on the call that are new and may not have been on the ride for the last nine years like we have – I have been in this thing for 16 years and I’m looking at this and saying well “What have I not said?”  But it’s not what I haven’t said but it’s what do I need to say again because there are some people that have been it a few weeks – a few months and haven’t really heard everything –

So - I am going to try to recap where we are and what the exchange experience is going to be like – especially if you are a Zim holder – so let’s start first of all with – usually I bring in information from either China or Iraq to bring us up to speed where we are then I will go into the exchange and redemption center appointments – and what those might feel like –

First of all – here we are on the last day of June – this was to be the start dates far as I knew in the last 3-4 days - we were looking to something popping today (Tues) and it came from 4-5 different sources – Now – are they wrong? Maybe not necessarily – because the latest information I had has us starting with groups – and I’ll go over the groups - with groups as early as 11 tonight Eastern – so an hour or so – not much longer after the Big Call ends – those groups could be paid out –

We know the paymasters and the top gun with the Admirals group have received their release codes – so called final release codes – and supposedly those groups are set and prepared to release when they get the green light –

Now – is the green light tonight at 11 Eastern? It could be – we’ll see - I’ve heard that – but here’s the thing – you’ve got the intermediate groups – have not been paid out – that would be including CMKX – Fines and Penalties – Adjudicated Settlements – which would also be the Indian Claims – Farm Claims – etc –

Those so called intermediate groups between tiers 3 and 4 are set to kick out and go tonight – now we’ve heard it before – we’ve heard it many times before – and I’ve had times before – I’ve probably put them out many times on the call before – so what makes this different? What really makes it different is the position that the whole system is in to begin to release

We are up against some kind of time line here – whereby we should get started – I’ve heard people say it starts right after midnight Eastern (12:01AM) and I’ve heard the 11 PM – Either way we win –

What about the rate changes? There have been some rates that have changed – we’ve heard about them from Forex people that they’re seeing Dinar and Dong in really good rates on the forex –

We also know from our Iraqi/American citizens that they were expecting a rate change yesterday but they found out today and got word today that at 11 am they were within 12 hours of a rate change for them –

So that’s 11 pm tonight - that agrees with the start time of the other – Will that be the start? It could be – it really could be – but when will the rates change again so they are reflected on bank screens and redemption center screens – Between 2:30 and 3:00 am Eastern tomorrow morning – is when we are looking for the rates to update again – and be available on the screens at bank and redemption centers –

Remember we have 13,810 redemption centers that are not tied to tier 1 and tier 2 banks physically – being a part of them or attached to them – 13,810 independent redemption centers that are Zim capable – Bonafide Zim capable redemption centers –

In addition to that we have 2220 redemption centers – in the US- that are connected to tier 1 and tier 2 banks in some form -  either they are within the bank itself or attached next to the bank –

If you add all of that up you’ve got a little over 16,000 redemption centers – so they are ready for us to  go – There have been conference calls after conference calls – telling them about everything – they just had one Saturday -  about the biometrics of precious metals - that would mean having a little hand held device that can measure the validity of gold or silver coins or bars – and actually measure for the proper density – and viability  of those metals – they got through a two hour training from noon -  2 on Saturday for that – and I’m sure they had another meeting since then to kinda give them a final go through on what’s going on

We know the redemption center staff is on call – they can’t quite set their schedules till we get started – but after we get started they will set their schedules to go from 9 ½ hrs – in some of the questionable areas – all the way up to 12 or 16  hrs max – per day  - probably closer to 12

What my understanding is we’re going to go through  - we’re going to get this party started – and go through July 15th  - the other thing I’ve heard is – I take this to heart – let’s say we get started in the next day or so to go – we get the toll free number - the emails from Wells Fargo 527,000 of those have gone out – those that they have emails for – they get that email and the toll free number – if they don’t get an email they look to Big Call Universe.com  and see it on our website – or it goes out in an email  to our members – who have registered their email on our site –

When those go out you have 1 week from the time it comes out to set your appointment – If you set your appointment you could take a longer time to exchange ……I don’t know why you would do that – unless you are dying in the hospital – and you need recovery time – so unless you are not really paying attention you probably would just set your appointment and go as soon as you could –

I think they are going to get the vast majority of the Zim in 4-5 days – cause I don’t know of any Zim holder that going to hold back and not go – and not go fairly soon – there are people on vacation right now maybe for the 4th of July – maybe traveling locally – cause they can’t fly to Europe – so if you’re on vacation – you call set your appointment for whenever you come back –

Ok so we’ve got our appointments – what is happening with that 800 number? When it comes out and I put it out you’ll have it – or you’ll have it from the email – either way doesn’t bother me - you call a call center which is one of 12 regional call centers – throughout the country – obviously when you call you will get the right one – don’t worry about that – the call centers are set up under a special platform which is secure which is a safe link platform for making the phone call so you cannot get listened to or hacked while you are trying to communicate

When you call you tell them you have currency and let them know you have Zim if you have Zim – you let them know that first – any other currencies you can tell after they acknowledge you are a Zim holder – So then what you do is set your appointment and you could get handed off to another person at the redemption center which is close to your zip code –

You are going to give them the zip code for where you live or where you work or where you want to exchange – you give them that zip code when you call initially and that will transfer you to a redemption center that can take  you (if you are a Zim holder)

If you are not a Zim holder and just have Dong or Dinar you let them know that and you will get routed to a tier 1 or tier 2 banks in your area –

Now let’s get into the redemption activity itself – you want to take something to identify yourself -  in the first part of the meeting they are going to evaluate you as the KYC  “know your customer” rules – they want you to have 2 forms of photo ID – if you can produce a passport great – driver license – Cosco card – whatever you’ve got – student ID – government ID – whatever you have you produce that – and 1 utility bill – could be cell phone bill – gas bill – to verify residential address –

So you are providing that first – they go through that – they generally know who the Zim holders are anyway – they’ve done the research – now here’s the thing – who they don’t know are the people who were “gifted” Zim – they do not have your email if you have been gifted Zim – that is where I come in – I have the toll free number and tell you what it is – or you rely on other people who have put it out online – I will have it on the front page of the website – you can get it there –

 Now in your appointment you have done your KYC – you leave your phone in the car – leave your firearms in the car – and you proceed to go in – they will probably/possibly take you through a metal detector – not sure they will frisk you but check you out -  to make sure you are not carrying and then just go in and sit down – you may or may not see 4-5 minutes of video presentation pending on which you have and whether they think you need it or not – the education – that is something with question marks still –

But you go through different stages in this redemption process – not to go into any detail but I’m going to tell you – you are going to have an opportunity to obviously say that you have currency – bring  your currency out – they are going to count and verify your currency through a Delarue machine – and you will have your totals already typed out –

You know what your total in Dinar – Dong – Zim is or Rupiah – or Rial -  or whatever it is - they run the currency through the machine and come up with a total – what I’m going to provide them a sheet that has what I say I have -  this is what I say I have - Let’s see what  you come up with and let’s hope it agrees with what I say I have – hopefully it will and I have counted correctly and the Delarue machine counts correctly – and validates and verifies the currency

Then we go from that point to talking about rate and our presentation for projects – we’re going tof make a presentation I n 5-8 minutes – you don’t have to go a half of an hour – just 5-8 minutes and you let them know what it is you’re going to do in terms of your project – you could have 2-4 people listening to your presentation – you do this at the first meeting

You have an idea what your rate is going to be – based on your project – the better your presentation and the longer longevity of your projects are the more you will get in terms of rate on the Zim – when you get that – when you present they are going to be giving you the option for you to negotiate for a certain rate up to “X” – and you know what “X” is

Then you’re going to have the opportunity for a structured pay out – and this means what the money actually sits in an account and creates interest that pays you – in my case I’m taking it every three months – or quarterly – that is an option you have to do – how long can your structured pay out go? Can it go 25? 50 years? – 100 yrs? 200 yrs?  Yes yes yes and yes – Will you be here 100 or 200 yrs from now? I don’t know – let’s see what technology does – I don’t see why not with the technology we know is out there –and is going to be released in the next 2-3 yrs from now – So yeah I’m going out on a limb and saying we might be here that long –

So set your projects up – one generation is 80 years – 2 generations is 150 -180 yrs – you decide how long your projects should/could last – and how long you’re going to be funded – because if you fund a project for 80-90 yrs you can get an interest rate of up to 6.75 % per yr - and not to confuse currency rate with interest rate – interest rate is what your currency having been exchanged will pay you out – every 90 days –

If you can go 60-180 yrs with your projects – you can negotiate up to 9.45% interest per yr – (APR)

So here is why I’m saying this – when you do the exchange – my case – I’m using the Zim for humanitarian projects and calling it the God Fund – that money goes into a separate account where the interest that it earns spills over into another account that funds the projects –

So I take what I need for the first 90 days out of the exchange and then after the first 90 days when the interest is coming in I will use that money for the projects – for that 3 month period – and I can budget accordingly – and use as much of it as I can because I know I will have that same amount coming back in - What I don’t use I will leave in the account and yes there will be a compounding effect with anything that is left in that account –

Now let’s go beyond that – you are going to have to set up 1-2 accounts – 1 account for sure – as the mother lode account - which ever bank is represented at your redemption center – if Wells is there you can set it up with them - or Chase – BOA – or CITI – Those are the main tier 1 banks that will be there at the redemption center – 

Wells Fargo will have an Abbott Downing – which is their high end high net worth individual management company - they will Abbott Downing reps there – 1 or 2 depending on the size of the redemption center and the demographics of the area – so you could meet a wealth management person from Wells Fargo – Chase – BOA / Merrill Lynch etc – so basically you’ve got 2-4 choices – In banking arrangements initially at the redemption center –

I am going to take 2 – I am going to have accounts with 2 of the banks – that’s it – initially – and then that way I can get everything started – You will also have a debit /credit card  which they can put money on the debit side – if you want – it’s not my choice – I would take credit card and make sure I have a line of credit on the card – a daily limit is good – a line of credit that would allow you to do some major purchases with it – I am not going to buy a house on the credit card - but you could buy a car – furniture - toys – other stuff that you want to do –

Now that’s how that works – that’s how it is laid out – you will also get on a subsequent appointment – you should get your master access card to your mother lode account – which will be a titanium  card – physically made of titanium – that will allow you to connect by a biometric fingerprint reader to it so you will get access to the mother lode account – and you will be the only one that can see it – you will be the only one  unless you designate someone to look at it with you – Even your private banker does not need to know how much you have – it is going to be up to you on how private you are with that – you keep that to yourself –

Ok so you have that at your second / follow up appointment – as well as any meetings you have with attorneys - if you want bank to provide attorneys – or a CPA firm – or a family office- which is a concept where you have concierge services for  your family – this could be travel – real-estate – vehicle purchase -  so many things that a family office can do – it was originally created so families that were passing down businesses to their children or heirs – could be properly educated and represented in transactions –

Now for us it’s not so much passing down or selling businesses off as it is just dealing with transfer of wealth and the management of this wealth over multiple generations –

We are looking for this to be a multi-generational opportunity for us – our families – our heirs – whoever it is – and we work with those trustees and beneficiaries to take our projects if we check out – but the projects can go on – legacy is continued – the job creation is continued – everything that you want to do in your projects is taken all the way to fruition and then to a maintenance level beyond that –

So that is the vision of what is going to take place – Will there be some cash? There should be some cash – that you can take if you want to be a cash holder – you can take up to $14,000 – and it comes from your total – it is just deducted from your total – But you are going to have a debit/credit card –

Now – the other thing is about perks – these are benefits that you’re going to receive as being a customer of the bank – these could be annual perks – that you select from 2-4 pages depending on the bank you’re interested in working with – each bank has their own perk sheets – and you’ll get those – and they are not supposed to be taxable to you – You will let them know what perks you would like on your follow up appointment –

This is a tax free exchange – you should not be taxed on any part of this exchange – where you will be taxed is on the “income” – called “passive income” which is earned from the “interest” that is paid on your account – you will create an income stream from your mother lode account that in my case will spill over into a spillover account  

Whatever that pays in I will have to pay quarterly taxes on – more than likely – I am not a CPA – I am not a tax accountant  - you will be learning to do things a lot differently – your money is going to come to you quarterly – if you’re in a structured pay out – I think all Zim holders would want that – how long will you go? 50 yrs? I think I will go 100 yrs with my structured pay out – I am going to try to set it up – we’ll see –

Beyond that – you know about the titanium card which is an access card – and you will want to keep that in a very safe place because that is what you need to access and see in your mother lode account or master account – you will need that and your fingerprint – for the biometric reader – I am not sure about a passcode –

So what I’m saying is you’re going to be working with some wealth management people and especially if you really do not know what you are doing – they are going to want to help you – to assist you – that’s okay – none of us have been in this position before – some of us have dealt with money before most have not – but what’s cool about it is you are going to get an education along with this and learn as you go –

I am excited – could we get this thing cranked out by 11 or midnight tonight? It looks like it but we’ll see- Now if that happens you know – how soon I could be notified – how soon the emails could go out – I don’t know – I’ve been told a couple of things – but I think the smart thing to do is be patient and be available to receive – and that is what I am asking you to do – be available –

I have done everything but call it before – I’m trying not to call it now – because what good would it do – ok – the best thing we can do is be prepared -  

That’s pretty much everything I wanted to bring tonight – You got a feel for what the exchange is going to feel like – what the redemption center is going to be like – it’s going to be a situation like you tell them if you are a big Zim holder or have a lot of currency - you let them know that – when you set your appointment that you might need 60 – 90 minutes for your appointment –

If you only have a few notes don’t sweat it – you will knock it out quickly  and if you have 10 notes or less it’s not a big deal – you’ll be able to get your exchange / redemption done in 30-50 minutes including  your accounts and all of that stuff

Everybody have a great night – have a wonderful 1st of July – and hopefully it will be the kind of day we can celebrate -  I know we are looking for some announcements regarding – from the President  somewhere in the Friday / Saturday  range so be aware – these are supposed to be about NESARA  / GESARA and going from constitutional  law to common law and also information about our new restored republic and may involve 3-4 other countries going to a democratic or constitutional republic in their country so we’ll see what happens on that -  

 

Bruce’s Big Call Replay LINK  Intel Begins: 53:53

https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs2941.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FaFC9   

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

News, Rumors and Opinions Wednesday Afternoon 7-1-2020

.KTFA:

Don961: The Zimbabwe Stock Exchange decides to suspend trading until further notice

June 29, 2020 03:47 PM

Direct: The Zimbabwe Stock Exchange has officially decided to suspend trading as a matter of urgency, after a ban on the part of the Central Bank on the back of allegations of economic sabotage

Justin Beguni, CEO of the Zimbabwe Stock Exchange, said during a statement issued on Sunday that the decision to suspend operations was taken after consulting the relevant government ministries

He added: "While we are awaiting guidance from our regulators on the operational methods of moving forward, we have informed our shareholders in the stock exchange that the trading has been suspended until further notice"

KTFA:

Don961:  The Zimbabwe Stock Exchange decides to suspend trading until further notice

 June 29, 2020 03:47 PM

Direct: The Zimbabwe Stock Exchange has officially decided to suspend trading as a matter of urgency, after a ban on the part of the Central Bank on the back of allegations of economic sabotage

Justin Beguni, CEO of the Zimbabwe Stock Exchange, said during a statement issued on Sunday that the decision to suspend operations was taken after consulting the relevant government ministries

He added: "While we are awaiting guidance from our regulators on the operational methods of moving forward, we have informed our shareholders in the stock exchange that the trading has been suspended until further notice"

On June 26, the Minister of Information, Advertising and Broadcasting Services issued a statement calling for the suspension of activities on the local stock exchange in Zimbabwe.

The Zimbabwean government blames the local bourse for fueling the collapse of the Zimbabwean dollar

According to the data available on the Zimbabwe Reserve Bank website today, the US dollar averages 57.3582 Zimbabwe dollars

At the end of last week, "Pguni" wrote in a tweet on his account on Twitter that the stock index "ZSA" ended the week's trading, up by 4.38 percent, with reference to the market value of the stock market currently stands at the level of 259 billion Zimbabwe dollars

And about the monthly performance in the current June to this date, it achieved an increase of about 1.9 billion Zimbabwean dollars, bringing the gains in the current year so far to about 733 percent

LINK

DELTA:   FROM IRAQI TV:  Finance is finalizing its procedures. Employees' salaries tomorrow.

MarkC:  Delta..u gave a outside window of the 15th of July on a recent ub 2b..we will see...hope your right brother  

DELTA:  THAT's CORRECT MARK ........IMO

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

Courtesy of Dinar Guru

Pimpy   Looks like the dinar rate is in review.  Article:  "The National Business Council calls for a review of the exchange rate based on the impact of the oil price decline".   I told you I seen some minutes between the IMF with the Central Bank of Iraq...the Government of Iraq wanted their exchange rate reinstated at $3.22...the IMF along with the Central Bank of Iraq was saying no that would be too big of a shock to the economy and they wanted something around $1.13 to $1.34.  The reason is they wanted a sweet spot.  They wanted it to be high enough where they had more purchasing power but they wanted it low enough where they could be competitive against other countries importing and exporting...I thought that's what the rate would be...nonetheless it looks like it's going to be reviewed.  This looks like what we were hoping for...

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

TNT:

Cutebwoy:  Bloomberg: Iraq turns to Saudi Arabia and the International Monetary Fund to heal its economy

July 1, 2020’

Iraq is seeking a loan from the International Monetary Fund and Saudi investments to overcome its economic woes

Highlighted a report told Bloomberg the US, highlighted the efforts of Iraq ‘s efforts to address the acute crisis plaguing the country ‘s economy, as a result of falling oil prices and exacerbate infections Corona emerging.

The report, published on Wednesday, indicated that Al-Aqq is in talks with the International Monetary Fund to obtain a loan, while seeking to attract Saudi investments to its natural gas fields.

The report quoted Iraqi Finance Minister Ali Allawi as saying that the International Monetary Fund and Iraq are conducting “intensive” negotiations on a loan that could reach a maximum of $ 5 billion. However, in an interview in Baghdad on Tuesday evening, he did not specify additional details about the nature of the loan:

“There is no official proposal from the Iraqi government and there is no official response from the International Monetary Fund, but we are moving in this direction.”

Allawi said that the Iraqi government also suggested that the Saudis put money in the crutch gas field in the west of the country or Mansourieh in the east. Allawi said that they can also invest in extracting gas from Ratawi’s oil stocks in the south.

Allawi added that “Saudi Arabia is very ready to support our energy projects. At the end of the day, they will choose one field. They are also interested in solar energy.”

It is noteworthy that Allawi had made a tour to Saudi Arabia and Kuwait in late May, and observers ruled out that Iraq would receive financial support from Kuwait, or perhaps alleviate the burden of its debts owed to Kuwait, which amounted to about $ 2 billion in compensation for the 1990-1991 Gulf War.

The IMF and Saudi Arabia talks come at a time when Iraq is trying to support its financial resources. Allawi said that the economy will likely shrink from 7 percent to 9 percent in 2020. This is more than the expectations of the International Monetary Fund by 4.7 percent. 

Riyadh is pressing Iraq to cut oil production sharply to meet its share in OPEC, placing more pressure on Prime Minister Mustafa al-Kazemi, who came to power in May.

Baghdad had initially refused to limit production, like other OPEC members, but retreated after intense pressure from Saudi Arabia and Russia.

Allawi said that Iraq’s monthly oil revenues are about 2.7 billion dollars. This is less than the $ 7 billion Iraq earned in 2019. The budget deficit will reach 22 percent of GDP this year, which is higher than anywhere else in the Middle East and North Africa, according to the International Monetary Fund. 

Allawi ruled out that the Iraqi government would resort to issuing new Eurobonds to finance the gap, arguing that it was too expensive.

And yields of Iraqi bonds, worth a billion dollars, fell about 60 basis points on Wednesday, after news of a possible International Monetary Fund loan. And the interest rate of these bonds is estimated at 10 percent, which is the highest of any issuer of Eurobonds in the Middle East, with the exception of the defaulting Lebanon. 

Iraqi Finance Minister Ali Allawi said, “We are not ready to pay 10 percent” interest on new bonds in Iraq.

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

ALERT! July Silver Deliveries are HUGE! Biggest Since the Hunt Brothers in 1980!! (Bix Weir)

RoadToRoota:  Jul 1, 2020

COMEX Silver Delivery Notices are ALREADY the biggest since 1980 when the Hunt Brothers tried to corner the silver market!

Back then the price of silver was closing in on $50/oz but today (after 40 years of price suppression) the price of silver is only $18/oz...WHAT GIVES MR. REGULATOR?!

https://youtu.be/76wTtLc6GlM?t=3

Iraqi Dinar News 07/01/20 - Big Month

Pimpy’s Investment Chat:  Jul 1, 2020

https://youtu.be/JmuHm5l0Gpg?t=2

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

PIR Update "Zimbabwe is now on the Gold Standard" 7-1-2020

.Patriot Intel Report:

PIR 07 01 20

We do have some economic news. It’s about Zimbabwe which is formerly Rhodesia.

Zimbabwe is going “Gold Standard” with advanced financial technology. See article below.

The Zimbabwe government is determined to stabilize the economy, eliminate poverty , attract foreign investors and elevate their Global Economic Standards. They are therefore, turning to financial technology which will provide the solutions they seek.

Zimbabwe will be the first nation to use a “Gold Standard” currency on a blockchain. Which is the Apollo Fintech Blockchain.

Zimbabwe holds a huge amount of gold. Zimbabwe has the second largest gold reserve per kilometer in the whole world. Over 13 million tons of proven reserves. Only 580 tons have been exploited since 1980.

So, they are very rich in gold and going on the “Gold Standard” . It is happening. This is big news!!!

Patriot Intel Report:

PIR 07 01 20

We do have some economic news. It’s about Zimbabwe which is formerly Rhodesia.

Zimbabwe is going “Gold Standard” with advanced financial technology. See article below.

The Zimbabwe government is determined to stabilize the economy, eliminate poverty , attract foreign investors and elevate their Global Economic Standards. They are therefore, turning to financial technology which will provide the solutions they seek.

Zimbabwe will be the first nation to use a “Gold Standard” currency on a blockchain. Which is the Apollo Fintech Blockchain.

Zimbabwe holds a  huge amount of gold.  Zimbabwe has the second largest gold reserve per kilometer in the whole world. Over 13 million tons of proven reserves. Only 580 tons have been exploited since 1980.

So, they are very rich in gold and going on the “Gold Standard” . It is happening. This is big news!!!

https://youtu.be/VzKR3geea1U?t=3

Zimbabwe Going Gold Standard with Advanced Financial Technology (Fintech)

The discussion of financial technology known as Fintech is on the rise in government administrations around the world. While many are still pondering the possibilities of trials and implementation, Zimbabwe is taking up the mantle and run with the technology. Zimbabwe is now the first country to sign an agreement with Apollo Fintech to host a Gold Standard Currency on its blockchain. 

 Based on financial history, beginning around 600 B.C. in Lydia, gold was the best accessible and precious mineral people preferred to use for trading. Some forty years later, gold coins were created, and countries began publicizing their wealth based on the amount of gold they reserved. In those days, when a country had gold, it had wealth, and it had many seats at the world table.

However, years later, that faded away due to the printing of currencies when countries experienced economic hardship, which eventually leads to hyperinflation.

 Today, the Zimbabwean government is determined to stabilize its economy, eradicate poverty, attract foreign investors, and elevate their global economic standards. They are, therefore, turning to financial technology, which has proven to provide the necessary solutions they seek. Zimbabwe will be the first nation to use a Gold Standard Currency on a blockchain (Apollo Fintech blockchain).

Today, the Zimbabwean government is determined to stabilize its economy, eradicate poverty, attract foreign investors, and elevate their global economic standards.

 Investopedia says, “The gold standard is a monetary system where a country’s currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold.” 

What we know about Zimbabwe is not what you’ll often hear in the media. This African country is one of the wealthiest in the world, and it will rise to its rightful place when the right policies and technology are in place.

An Allafrica.com article stated, “Zimbabwe has the second largest gold reserves per square kilometre in the whole world with 13 million tonnes of proven reserves of which only 580 tonnes have been exploited since 1980, Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya said yesterday.”

A country very rich, yet very poor and in debt?

One would expect it to be the other way around. It is the beginning of a bold and uncommon step, but it the best alternative when all other options are exhausted and proved to be invaluable. In choosing Apollo Fintech as their partners in such a difficult time, Zimbabwe made the right choice.

Apollo Fintech’s website says, “Our tailored government solutions have the capability to transform the way governments operate. Instances of violent crime, tax evasion, and fraud are just a few problems that can be instantly eradicated by implementing our cutting-edge solutions.

The fact that there can be little to no cost for governments to operate, and the potential to increase internal revenue by up to 1000%, it’s easy to see why Apollo Fintech is the new global standard of financial innovation. All solutions offer 100% database uptime, military-grade security, and operates on the fastest network in the industry.”

The fact that there can be little to no cost for governments to operate, and the potential to increase internal revenue by up to 1000%, it's easy to see why Apollo Fintech is the new global standard of financial innovation.  

Apollo has its own blockchain, exchanges, and many more products and features to encompass and provide solutions to any entity. Due to this unprecedented step by the Zimbabwean government, the future of this wealthy nation could not have a better outlook. 

https://dapucases.com/zimbabwe-going-gold-standard-with-advanced-financial-technology-fintech/

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Chats and Rumors, MarkZ Dinar Recaps 20 Chats and Rumors, MarkZ Dinar Recaps 20

"Coffee with MarkZ" Wednesday Morning Chat 7-1-2020

.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: What I received from bankers is nobody received dollars or were able to keep their appointments last night ….they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days.

MZ: I am looking for that movement because they are demanding all kinds of paperwork from groups, from leaders and paymasters…..there is a lot of activity. I have always said that none of us know the exact timing , nor are we supposed to for security reasons.

MZ: I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.

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: What I received from bankers is nobody received dollars or were able to keep their appointments last night ….they are being told it will now roll out over the next 6 days. They are being told to stay on call and could be called at any moment over the next 6 days.

MZ: I am looking for that movement because they are demanding all kinds of paperwork from groups, from leaders and paymasters…..there is a lot of activity. I have always said that none of us know the exact timing , nor are we supposed to for security reasons.

MZ: I still believe we are very close. The next 6 days could absolutely see it. I am keeping my phone close.

Member:  Six days from now will be JULY 6th ,which will be 120 days BEFORE the election date of NOVEMBER 3rd!

MZ: No CMKX or settlement deliveries as of yet. Iraq did not awake to a new rate this morning like they were hoping.

Q: Any Zim news?

MZ: There is so much happening in Zimbabwe and seeing more and more articles come out. It’s a digital currency that is asset backed. Rumors are….and The next step I hear is that they exchange Zimbabwe dollars for Zimbabwe bond notes. Sounds a bit round about……

Member: ZIM on XE Exchange rate is 0.000276

Member:  Zim is one of the main currencies and President Trump even signed an agreement with Zimbabwe...Zidera

Member:  zim is not a dollar. zim is a bond. you will not know the amount till you go in.

Member:  ZIM is not release yet, but on the XE Currency Exchange is as follows when released. Zimbabwean Dollars to US Dollars Mid-market rate 1 ZWD = 0.00276 USD

MZ: Right….you cannot exchange your Zim yet…relax…it’s not time yet. We are close …just stay calm , especially in what appears to be the last days of this event. .

Member:  Zimbabwe article on PIR...and Gold Back. Mark check out the article about Zimbabwe on PIR youtube .the article is listed under.  Zim Going Gold Backed: https://dapucases.com/zimbabwe-going-gold-standard-with-advanced-financial-technology-fintech/

MZ: Ignore the DOW jones……it is doing exactly what it did in 1929 …what it has done before every major crash….they see highs and lows as they test the top and test the bottom. Then it implodes. Always look for the fundamentals. The fundamentals tell you that overprinting, inflation , the lack of value, the lack of consumption all tells you exactly what is going to happen.

MZ: Don’t trust it…just watch it…it is behaving exactly as expected.

Q: So are we still waiting another 10 days for tier 4b?

MZ: No we are not……In Kuwait we know that they waited that long to announce it….Indonesia has also done it in the past. Those were historic examples. Many RV’s have happened throughout history….Germany, Japan and there are more who made tremendous changes in their currency value.

MZ: I am not looking for 10 days. In the past you could keep the press quiet but in today’s world with the internet I do not think they can keep it quiet. ….so we are expecting a shotgun start. …..

Member:  MY GOD Q IS POSTING SOME SERIOUS STUFF THIS MORNING

Member: : Lot's of activity from Q lately. Things are going down. The term "treason" has been used openly against Obama and Biden. Trump has appointed a retired 3? star general to a Pentagon position who publicly accused Obama of Treason back in 2018.

Member: PRESIDENT TRUMP IS IN MT RUSHMORE ON 03JULY....THAT IS GOING TO BE A HISTORICAL EVENT I BELIEVE!!! IF YOU CAN BE THERE WATCH ON LIVE!!

Member: Trump is making an announcement on Mount Rushmore on July 3rd or 4th. I've heard both days.

Member: Fox News supposed to cover 4th. July 3 rd is Mt Rushmore. July 4 is at White House!

Member:  Good morning all. check this from Thomas Anderson: confirm payout from yellow dragon Bond Switzerland .  Link  

WRITE THIS DOWN:IF THE INTERNET GOES DOWN-EMERGENCY CONFERENCE CALL Emergency number (712) 770-5028 Code: 648989 Playback number (712) 770-5066 Code: 648989#

Texas Snake https://t.me/joinchat/Nk3BHFQJvgJdI_p-nI9A_Q

WE CARE … OKIE HAS AN IMMEDIATE BIG NEED NOW -… YOU CAN HELP OKIE TOO https://www.paypal.me/TEAMMARKZ

SEND OKIE YOUR PRAYERS…. OKIE'S ROOM https://t.me/joinchat/JrH1jhwSlYilNZ1...

The next scheduled stream is 10AM est time Thursday.

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

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0

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

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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

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

Sierra, Charles Ward, Greg Hunter and more Wednesday AM 7-1-2020

.Confirm Payout Yellow Gragon Bond Switzerland

By Thomas Anderson June 30, 2020

Dear Readers,

Just to inform you about what happens over here in Europe and to give you the chance to have a wider perspective.

A contact of mine, first hand, is part of a group who had a payout of a yellow dragon bond.

I do not know the exact amount but it is so high, that it seems endless money.

Confirm Payout Yellow Gragon Bond Switzerland

By Thomas Anderson   June 30, 2020

Dear Readers,

Just to inform you about what happens over here in Europe and to give you the chance to have a wider perspective.

A contact of mine, first hand, is part of a group who had a payout of a yellow dragon bond.

I do not know the exact amount but it is so high, that it seems endless money.

The first 2,5 million for a small project are already on the local bank in Switzerland and they do the due diligence there as they do always with bigger amounts coming into an account.

So… It seems something is moving. Really moving. Finally

https://inteldinarchronicles.blogspot.com/2020/07/thomas-anderson-confirm-payout-yellow.html

"New Q+ Proof: Lone Warrior" by Sierra (NZ) - 7.1.20

Entry Submitted by Sierra (NZ) at 2:33 AM EDT on July 1, 2020

Well done, Kat, for pointing out the new Q+ proof in your latest post - it's great to see you supporting Q.

Here is the President Trump/Q+ proof. New Q drop number 4547 goes to a link of a music video titled 'Lone Warrior'. The accompanying image is of a huge angel with widespread wings brandishing a sword - maybe Archangel Michael...

https://qmap.pub/

Here is President Trump's tweet: 'LONE WARRIOR!' It is retweeted by Eric Trump who responded: 'You truly are, and it's why America loves and appreciates you!'

https://twitter.com/EricTrump/status/1278009862354604037

You truly are and it’s why America loves and appreciates you! https://t.co/VFAW7zt4gM

— Eric Trump (@EricTrump) June 30, 2020

Q drop number 4551 includes a link to a Gateway Pundit article with this headline: 'Joe Biden: I'm Going To Follow The Doc's Orders, I Will Not Hold Any Rallies.'

Here is the opening line of text in that Q drop...

'How do you prevent public embarrassment re: Lack of crowd size?'
Q

Joe Biden's Presidential election campaign bid is a train-wreck. The Democrats know he will NEVER be able to compete with President Trump's huge rallies. Biden cannot even fill front row seats in the local gym. The question is, who will the Democrats drag out to replace him? You can see why they are desperate to have mail-in ballots. Fraud is their only option now.

Meanwhile President Trump is boldly calling out the Deep State. He re-tweeted this explosive tweet by Gaye Gallops. It's a Gateway Pundit article about Brennan...

https://twitter.com/gaye_gallops/status/1278006479103168514

BAD BOY BRENNAN!

HUGE!

Per His Lawyer -FLYNN TARGETED - "He Knew About the BILLIONS Brennan and Co. Were Running Off the Books” https://t.co/BJWAKW9451 via @gatewaypundit

He was PRIMARY TARGET for DEEP STATE and had to be SILENCED!

HE WAS GOING TO AUDIT THE INTEL AGENCIES!

GAYE GALLOPS (@gaye_gallops) June 30, 2020

'BAD BOY BRENNAN!
HUGE!
Per his Lawyer - FLYNN TARGETED - "He Knew About The Billions Brennan & Co Were Running Off The Books" (Gateway Pundit headline).
He was PRIMARY TARGET FOR DEEP STATE and had to be SILENCED.
HE WAS GOING TO AUDIT THE INTEL AGENCIES.'

As Q often says, 'General Flynn knows where the bodies are buried.' The Deep State did not bargain on two vital factors: Hillary Clinton losing the election, and General Flynn being freed to tell the truth.

Finally, here is a tweet by Rosie's Russian Bounty about China's Three Gorges Dam. It is the world's largest dam and it's in danger of collapsing due to huge floods, endangering the lives of 400 million people - and wiping out Wuhan....

https://twitter.com/DarnelSugarfoo/status/1278157786312925184 https://t.co/BKy3EJ6gjN

— Rosie's Russian Bounty (@DarnelSugarfoo) July 1, 2020

As Rosie says in other tweets about the potential Three Gorges Dam catastrophe...

'Q said to watch the water...'

'Q said it would be BIBLICAL.'


This information is not meant to instil fear. As Light Warriors, we know that the Divine Plan includes EVERY SOUL on Earth. Every event and outcome is written in our soul contracts. Even the Dark Forces have the opportunity to turn to the Light. Light and Love are winning on beloved Gaia.

TRUST THE PLAN.

Where We Go One We Go All.

Love and Light
Sierra (NZ)

https://inteldinarchronicles.blogspot.com/2020/07/new-q-proof-lone-warrior-by-sierra-nz.html

Another View on the current situation

Charles Ward:  Premiered 4 hours ago

https://youtu.be/Wy03wjnGjYc?t=1

Gerald Celente – Gold Spikes Economy Not Coming Back

Greg Hunter:  Jun 30, 2020

 In previous interviews on USAWatchdog.com, Gerald Celente, a top trends researcher and Publisher of The Trends Journal, predicted that when gold reached $1,485 per ounce, that it would begin to take off and never look back. It looks like that prediction has come true.

Now, Celente says look for gold to be going much higher. Celente says, “You look at gold prices. Look at where gold prices are going. How long have I been saying this? When all this began, I said boom, you are going to see gold spike, and now it’s around $1,800 per ounce.

Silver is going to follow when gold breaks $2,000 per ounce. It’s because this economy is going down, and it’s not coming back.

https://youtu.be/XTD-pa2R1OI?t=9

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