Goldilocks "Iraq is capable of doing foreign currency exchanges internationally." 4-26-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and a link:
Trade Bank of Iraq: External transfers can be made through our branches through the Central Bank
The bank said in its statement received by Al-Mutala: “You can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through our bank’s branches through your accounts opened in Iraqi dinars with us and calculated at the official price approved by the Central Bank of Iraq, and economically prohibited countries are excluded from all banking transactions.”
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and a link:
Trade Bank of Iraq: External transfers can be made through our branches through the Central Bank
The bank said in its statement received by Al-Mutala: “You can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through our bank’s branches through your accounts opened in Iraqi dinars with us and calculated at the official price approved by the Central Bank of Iraq, and economically prohibited countries are excluded from all banking transactions.”
The Trade Bank of Iraq has made a formal announcement.
Their banks can presently conduct foreign trade transactions through the Central Bank of Iraq.
Going forward, Iraq is capable of doing foreign currency exchanges internationally.
~~~~~~~~~~
Goldilocks' Telegram Room
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Goldilocks on the Seeds of Wisdom Team Website
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Thank you Dinar Recaps
Coffee With MarkZ" Wednesday Morning Chat "100% International!" 4-26-2023
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning Mark an Mods, an good morning fellow patriots
Member: Let's choose to make it a great day no matter what. pray that God will heal our land so we can enjoy his blessing on us.
Member: Let's hope mark has some good news today
MZ: Let’s start with Iraq. “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars!!!! The enormity of this means they are fully, 100% INTERNATIONAL!!!!
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning Mark an Mods, an good morning fellow patriots
Member: Let's choose to make it a great day no matter what. pray that God will heal our land so we can enjoy his blessing on us.
Member: Let's hope mark has some good news today
MZ: Let’s start with Iraq. “Trade Bank of Iraq –Foreign transfer can be made through our branches through the Central Bank” They can now make foreign transfers to ALL countries of the world through accounts opened in Iraqi dinars!!!! The enormity of this means they are fully, 100% INTERNATIONAL!!!!
Today, Wednesday, the Iraqi Trade Bank issued a statement regarding foreign commercial transfers. The media expert of the bank, Aqil Al-Shuwaili, stated in a statement received by "Al-Iqtisad News", that "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank's branches through their accounts opened in Iraqi dinars with the bank." It is calculated at the official rate approved by the Central Bank of Iraq. link
MZ: This is one of the key things we have been waiting for, Also in the news –the boots on the ground are reporting that the budget (as we speak) is being read and discussed in Parliament…..for its third reading. Enormous news from Iraq right now.
MZ: I believe it’s all done and we are just waiting for the countdown to finish now. This is awesome news to start our day.
Member: such wonderful news out of Iraq... common flip that RV switch!
Member: We still cannot exchange dinar until it’s on forex -right?
MZ: Right –This is correct, but they had to be exchangeable first- then the value changes. This is absolutely one of the key steps we have been looking for. In order for us to exchange- it had to be international first.
MZ: In world news: “Is Saudi Arabia selling oil to China for Gold?” We have heard those rumors and now it seems to be confirmed. They sell it to China for Yuan and immediately exchange it through the Shanghai international Gold Exchange for gold. This is important because Saudi Arabia is stockpiling gold. What is gold necessary for? De-dollarization!!
MZ: It is clear commodities are winning and fiat is dying….Buckle up everyone.. The dead man’s switch has been pulled to force things to go.
MZ: “First Republic bank shares sink 49% after earnings report” This is the news the current administration is trying to bury and keep us distracted from. The failure of another bank signals the banking crisis is not over.
Member: This is what we have been waiting for.
MZ: It is- but it will still be scary for many out there.
Member: Bond and banker news?
MZ: They are expecting notices today or tomorrow guys. I have been waiting for news to start coming out on the bond side by Thursday. One bond contact told me they should know the exact plan by later on today or sometime tomorrow. Bankers are sitting at the ready right now.
Member: Last night my credit Union sent out a message saying all branches wouldn’t be open until noon today due to a staff meeting
Member: markz - Onpoint bank has a sign stating that they have a system update from 4/28 to 5/1 with limited account access.
Member: my bank went all digital! no more tellers at the drive thru! just atm's!! i have PNC!
Member: Our bank here in Mississippi was closed for three days updating their services. My teller friend rolled her eyes and I told her that I knew what was going on. She just smiled.
Member: Citibank 24 hour customer service was closed for the first time last night.
MZ: I wonder how many banks are scrambling right now.
Member: Do you think the SCARE event could be the bank doors are locked and ATMs are down? Dallas on PPN came out with this thought last night.
Member: Bruce was encouraging last night- He said today for notifications
Member: Interesting happenings in the markets gold silver crypto up …. Stocks and the dollar down …
Member: DOW now down 160 points!!!!!!!!!!
Member: I wonder if the market is crashing Friday?
Member: The number of millionaires on the US National Debt Clock is growing by leaps and bounds now. I wonder if this mean the top tiers are being paid out?
MZ: I will be traveling tomorrow- I’ll be in the air during the podcast time…..I may release a recorded one……or not. I am planning on a podcast sometime Thursday evening . Friday morning should be a stream at the normal time.
Member: Thanks Mark and mods…….safe travels mark- look forward to hearing from you sometime tomorrow.
Member: Thank you all moderators, I appreciate everything you do!!
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram
THANKS FOR JOINING. HAVE A BLESSED DAY!
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: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch? https://www.investopedia.com/terms/t/traunch.asp
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
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
MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one. https://www.youtube.com/watch?v=sAL0exvL45Y
Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz
MARKZ and SALTY TOES have worked hard to build a COMMUNITY that people can trust. You can connect with MarkZ at The Seeds of Wisdom Team Community and website. Just visit the Seeds of Wisdom Team Website, join the Seeds of Wisdom Telegram Community, and Subscribe to receive email updates. https://seedsofwisdomteam.com/
Follow Mark on odysee ( formerly known as library) at https://odysee.com/@theoriginalmarkz:e
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
"Tidbits From TNT" Wednesday 4-26-2023
TNT:
Tishwash: Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars
The leader of the State of Law Coalition, Jassem Muhammad Jaafar, confirmed Iraq's intention to support OPEC's plans regarding selling oil without dealing in dollars, indicating that this step will support the economies of all oil-exporting countries.
Jaafar said, in a statement to Al-Maalouma, that "OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency."
He added, "The international trend to refrain from buying and selling oil in dollars will increase the strength of the oil-exporting countries and put the American weakness to the test."
And he pointed out that "after revealing this trend, the exchange of the US dollar has declined significantly and will cause a great loss for America," noting that "depositing the sums in the American bank for oil sales money is no longer a condition. link
TNT:
Tishwash: Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars
The leader of the State of Law Coalition, Jassem Muhammad Jaafar, confirmed Iraq's intention to support OPEC's plans regarding selling oil without dealing in dollars, indicating that this step will support the economies of all oil-exporting countries.
Jaafar said, in a statement to Al-Maalouma, that "OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency."
He added, "The international trend to refrain from buying and selling oil in dollars will increase the strength of the oil-exporting countries and put the American weakness to the test."
And he pointed out that "after revealing this trend, the exchange of the US dollar has declined significantly and will cause a great loss for America," noting that "depositing the sums in the American bank for oil sales money is no longer a condition. link
CandyKisses: Central bank foreign currency sales rise to more than $187 million
Baghdad / Nina / The Central Bank of Iraq's foreign currency sales rose on Wednesday to record about $ 187 million.
According to the table of the currency sale window, the CBE sold during its auction today 187,888,527 dollars, which the bank covered at an exchange rate of 1305 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1310 dinars per dollar for foreign transfers, and at a price of 1310 dinars per dollar in cash.
Most of the sales went from the dollar to boost balances abroad in the form of (remittances, credits) by $ 172,788,527 million, while the remaining $ 15,100,000 went in the form of cash sales.
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CandyKisses: The Finance Committee begins to amend paragraphs and articles in the budget
Baghdad Today - Baghdad
The Parliamentary Finance Committee announced on Wednesday that it is studying the possibility of reducing the budget deficit, while stressing its efforts to make the government's work successful.
During the committee's meeting to discuss the federal budget, committee chairman Atwan al-Atwani said that "the committee has begun meetings to amend paragraphs and articles in the budget according to its constitutional authority," pointing to "the formation of subcommittees in the committee to host executive officials to discuss and study their financial allocations to speed up the process of completing the amendments."
He added that "the committee is studying the possibility of reducing the financial deficit in the budget," calling on "the government to adopt productive advisory projects that contribute to supporting the national economy and enhancing non-oil revenues."
He stressed the need to support the government and empower the private sector, stressing the importance of "working for the success of the government's work."
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Tishwash: Economist: The parallel dollar will touch its official rate after the budget is approved
Economic expert Bassem Antoine confirmed today, Wednesday, that the exchange of the US dollar against the Iraqi dinar will touch its official rate after the approval of the budget, while he indicated that the fifth column exploited the dollar file over the past months.
Antoine said in a statement, to Al-Maaloumah Agency, that "the government's and central bank's measures contributed to stopping the process of the dollar's rise, in addition to providing it in the local market through the electronic platform system, and obliging all licensed banks and exchange companies to work accordingly."
He added, "The fifth column team took advantage of the dollar's rise during the last period, as it was rumored that the exchange rate of one hundred US dollars would reach 200,000 Iraqi dinars."
Antoine pointed out, "The government and the Central Bank of Iraq's rapid and deliberate measures, by providing foodstuffs and launching the electronic platform system for selling the dollar, prevented its further rise and contributed to its gradual decline during the past two days."
Today, Wednesday, the exchange rates of the dollar against the dinar witnessed stability at the dollar exchange rates in the local markets in all the country’s governorates, as the selling price reached 141,000 dinars per 100 dollars, while the purchase prices reached 139,000 dinars per 100 dollars, in the capital, Baghdad link
Mot: . More insight on Raising the ""Wee Folks"" from Mot of Course!
Mot: .. oooooooooh Deeeeer!!! ~~~
News, Rumors and Opinions Wednesday Morning 4-26-2023
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 25 April 2023
Compiled Tues. 25 April 12:01 am EST by Judy Byington
Judy Note: The Bank of International Settlements, Swiss Central Bank and US Federal Reserve Gold Vaults were empty. Banks were closing across the planet. The Cabal’s fiat US Dollar was only good for the next three months in the US, Canada and Mexico. All other countries were refusing to trade with the fiat Federal Dollar.
The Iraqi Dinar (Allegedly) revalued in-country on 29 March and began trading internationally on the back screens of the Forex as a gold/asset-backed currency. It was said that the Global Currency Reset would go liquid for the general public following a Stock Market crash, and the Stock Market was said set to crash on Fri. 28 April. Redemption Staff have been notified to come in to work full time for a couple of weeks starting on Thurs. 27 April.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 25 April 2023
Compiled Tues. 25 April 12:01 am EST by Judy Byington
Judy Note: The Bank of International Settlements, Swiss Central Bank and US Federal Reserve Gold Vaults were empty. Banks were closing across the planet. The Cabal’s fiat US Dollar was only good for the next three months in the US, Canada and Mexico. All other countries were refusing to trade with the fiat Federal Dollar.
The Iraqi Dinar (Allegedly) revalued in-country on 29 March and began trading internationally on the back screens of the Forex as a gold/asset-backed currency. It was said that the Global Currency Reset would go liquid for the general public following a Stock Market crash, and the Stock Market was said set to crash on Fri. 28 April. Redemption Staff have been notified to come in to work full time for a couple of weeks starting on Thurs. 27 April.
Global Currency Reset:
No one was privy as to when Tier4b (us, the Internet Group) would be notified to set redemption/exchange appointments, but all requirements for the Global Currency Reset appeared to have been met. It was assumed we could go at any time.
Sat. 22 April MarkZ: I have had a few bond people check in this morning…they are being told to be prepared to travel and be in place by Thurs. 27 April. Many paymasters are already there and do not need to travel…..but those that do are making plans right now. Group leaders were also told to be in place by Thurs. 27 April. And many Main Stream Economists are looking for the crash to occur on Fri. 28 April. Isn’t that interesting. So they want everybody and everything in place by Thursday and a crash projected on Friday. There is a massive push right now on news. Usually Mondays are quiet and newsless….but today…news is coming at a million miles an hour.
From the Rumor Mill today– Redemption Center folks got called in were told things are moving forward very quickly. And they only had a few days to get everything completed… and then they will be working full time for a couple of weeks …So they were told to get groceries get things done ect…..they are about to get very busy and are scrambling right now.
The Cabal’s Bank of International Settlements and Swiss Central Bank Gold Vaults were empty – with no explanation as to where the gold went.
As of Sat. 1 April gold-backed currency was the only true currency in the World.
The Cabal’s fiat US Dollar was only good for the next three months in the US, Canada and Mexico. All other countries were refusing to trade with the fiat Federal Dollar.
The Federal Reserve was said to have only monies enough to last through the end of April.
Stock Market Crash Alert: Mark your calendars for Fri. April 28.
Banks Closing Every Day, Charlie Ward: https://rumble.com/v2jop0f-the-public-are-in-the-darkbanks-are-closing-everyday-with-goldbusters-simon.html
How the US Treasury Plans to Kill the US Dollar Next Month: https://www.youtube.com/watch?v=bRcDa85nuQc
Read full post here: https://dinarchronicles.com/2023/04/25/restored-republic-via-a-gcr-update-as-of-april-25-2023/
************
Courtesy of Dinar Guru
Walkingstick [via Frank26] When they say 'the parallel rate'? It means 1 to 1. And now when Sudani says 1.5 to 1 what does it mean? He is talking about the parallel exchange rate which is a market rate determined via supply and demand. The currency value of the Iraqi dinar will run parallel with the official market exchange rate that they are establishing for the float. That rate is determined by supply and demand...the CBI...They don't want a parallel currency because that means they will use the USD in the market place...they are depolarizing. The 1.5 is true.
Mnt Goat I have talked about the CBI 2011 plan many times already. We are literally witnessing the execution of this plan right in front of our noses...So where are we in the 2011 plan? How close are we? We are VERY close. We could see the reinstatement before June or shortly afterwards.
First Republic Stock Crashes 40%, What’s Next For Banks, The Fed? | Danielle DiMartino Booth
David Lin: 4-25-2023
Danielle DiMartino Booth, CEO of QI Research, discusses the earnings release of First Republic Bank, and gives her expectations for GDP data release and economic growth.
0:00 - Market action and First Republic
2:20 - Banking sector and the Fed
4:27 - Fed meeting action
6:33 - GDP expectations
8:20 - PMI
9:40 - Money supply and inflation
12:30 - Investment implications
15:00 - Real estate
The Smartest Investment for Central Banks & Zimbabwe's New Gold Currency
The Smartest Investment for Central Banks & Zimbabwe’s New Gold Currency
Lynette Zang: 4-26-2023
The speed at which de-dollarization is happening is definitely escalating and we need to be really aware of this because it's going to have an impact on every single person that lives in the US or uses US dollars.
BRICS nations are a group of five major emerging economies: Brazil, Russia, India, China, and South Africa.
BRICS refers to these five countries with rapidly growing economies and significant influence on the global stage.
Together, the BRICS countries represent about 42% of the world's population and 23% of the global GDP.
We have a lot to talk about today and we want to make sure that you hold real money and the solution is with physical gold and silver.
The Smartest Investment for Central Banks & Zimbabwe’s New Gold Currency
Lynette Zang: 4-26-2023
The speed at which de-dollarization is happening is definitely escalating and we need to be really aware of this because it's going to have an impact on every single person that lives in the US or uses US dollars.
BRICS nations are a group of five major emerging economies: Brazil, Russia, India, China, and South Africa.
BRICS refers to these five countries with rapidly growing economies and significant influence on the global stage.
Together, the BRICS countries represent about 42% of the world's population and 23% of the global GDP.
We have a lot to talk about today and we want to make sure that you hold real money and the solution is with physical gold and silver.
Wednesday Morning Iraq Economic News Highlights 4-26-23
Wednesday Morning Iraq Economic News Highlights 4-26-23
“The Vote Will Not Be Delayed.” Parliamentary Finance Begins Discussing The Budget Today
Money and business Economy News _ Baghdad Today, Wednesday, the Finance Committee in the House of Representatives begins discussing the federal general budget for the years (2023-2024-2025) and works through 3 paths to reduce the deficit rate to 20 percent, and the members of the committee indicated in conversations with “Al-Sabah” that approving the budget will not be long delayed. And they emphasized that the Prime Minister gave the committee great flexibility in order to make amendments in cooperation with the Ministries of Finance and Planning.
Wednesday Morning Iraq Economic News Highlights 4-26-23
“The Vote Will Not Be Delayed.” Parliamentary Finance Begins Discussing The Budget Today
Money and business Economy News _ Baghdad Today, Wednesday, the Finance Committee in the House of Representatives begins discussing the federal general budget for the years (2023-2024-2025) and works through 3 paths to reduce the deficit rate to 20 percent, and the members of the committee indicated in conversations with “Al-Sabah” that approving the budget will not be long delayed. And they emphasized that the Prime Minister gave the committee great flexibility in order to make amendments in cooperation with the Ministries of Finance and Planning.
A member of the Finance Committee, Mustafa Al-Karawi, said, in an interview with Al-Sabah newspaper, followed by Al-Iqtisad News, that "the committee begins today, Wednesday, its discussions regarding the budget," and indicated that "the committee will go towards reducing operational budgets directly, unnecessary investment, and reducing loans."
He expressed his hope that "such paths will help reduce the budget deficit, which is considered abnormal and could cause future economic problems for the country."
For his part, a member of the Finance Committee, Jamal Cougar, said, "The budget will pass and the vote on it will not be delayed, especially since not all ministers will be hosted. The time period for approving the budget.
He added, "The committee has the power to reduce and transfer, and this is what will be worked on in order to reduce the deficit," explaining that "until now, the matter has not been resolved, as the numbers have not been checked or the concerned authorities have hosted."
He stressed that "Al-Sudani gave all flexibility to the Finance Committee and expressed his willingness to send the advanced staff in the Ministries of Finance and Planning for the participation of the Finance Committee in its sessions that need them," noting that "the government requested a budget for three years, so there should be a serious scrutiny of all the numbers in the budget to avoid Any mistake, and we should also be keen to reduce the deficit, because all indications say that oil prices will not remain at these numbers and will decline in the coming years.
And he continued, "The government has this rounded year of money and perhaps for the next year as well, and we may not have this rounded in 2025, so we must make accurate calculations for this matter, and for that the committee will add a paragraph that (the government is tasked with sending a budget for the next year with amendments to it." )
Because it is unreasonable for oil prices to change and the budget does not change.” Cougar suggested that the budget would be approved “at the end of next May.”
In turn, a member of Parliament, Salem Al-Anbuge, said: "Many important points are still pending in the 2023 budget, most notably the deficit, which constitutes 33 percent of the budget's volume, which is a large number, but efforts are being made to reduce it to 20 percent in a way that gives more flexibility." Especially since the government made pledges to cover the fiscal deficit and treat it according to specific financial contexts.
In addition, economist Haitham Al-Husseini said: The committee can squeeze "capital" expenditures in this year's budget.
Al-Husseini told "Al-Sabah": "This type of expenditure includes (maintenance, kerosene, gasoline, furniture and other materials that can be reduced), especially since comparing this year's budget with its previous counterparts shows that there is an increase in the capital budget."
He added, "The budget needs radical solutions to the issue of its preparation due to the presence of a lot of wasted money and accounting errors, as the budget must be restructured to be consistent with the event and the directions of the state. It is not possible to adopt the same budget that I used while I am following a socialist system in which the government has complete control over all joints."
Today we are heading towards open trade. The economist suggested applying the "unified treasury" system that exists all over the world, "to know how much are the expenditures and revenues, and it is possible to know the financial movement of the amounts that are spent from anywhere in the country.
Iraq must go beyond the classics in preparing its budgets and achieving the correct financial management system." In a related context, a member of the Legal Committee, Mahmoud Al-Salami, said, in an interview with Al-Sabah: https://economy-news.net/content.php?id=33807
Jamal Cougar: 4 Remarks That Get In The Way Of The Budget
Baghdad - Iraq today: The Finance Committee in the House of Representatives revealed that the committee had four observations on the draft budget law.
A member of the Parliamentary Finance Committee, Jamal Cougar, said in a press interview, “There are notes that were written down regarding the budget, including the large deficit in the budget, in addition to submitting a budget for three consecutive years, and this matter was justified by the prime minister earlier.”
And he continued, "As for the third note, it relates to some ministries that must be increased financially at this stage, and not to remain marginalized compared to other ministries that were exclusive to previous budgets."
And he continued, "The fourth observation, caused by the feeling of unfairness in some governorates in terms of financial allocations, and we will make an effort to make financial transfers in the budget to compensate for the existing impalance. LINK
The Stability Of The Dollar Exchange Rates In The Local Markets
Economy |Baghdad today – Baghdad Today, Wednesday, the exchange rates of the dollar against the dinar recorded stability in the main stock exchange and local markets in the capital, Baghdad.
The (Baghdad Today) correspondent said, "The exchange rate of the dollar for today, on the stock exchange, reached 140,300 Iraqi dinars for every 100 dollars."
And he added, "The selling price reached 141,000 dinars per 100 dollars, and the purchase price reached 139,000 dinars per 100 dollars in local exchange offices." LINK
One Week Separates The Dollar From Stability At The Parallel Price Of 132 Thousand Dinars
Economy |Baghdad today - Baghdad Today, Wednesday, the economic expert, Nabil Al-Tamimi, expected a gradual decrease in the exchange rate of the dollar in the parallel market, reaching 1,320 thousand dinars.
Al-Tamimi told (Baghdad Today) that "the central bank's procedures managed to pass a lot of remittances, leaving only simple things."
He added that "there is no need left for irregular transfers, and therefore the exchange rate of the dollar decreased, and the Iraqi street was convinced that the government would not raise the price of the dollar."
He pointed out that "the price of the dollar at the beginning of the week will settle at 1320 thousand dinars per dollar, and it will be sold in the market to the citizen at 1320 or 1330 as a maximum."
The exchange rates are witnessing a significant decline compared to the previous months, until the exchange rate reached 141,000 dinars compared to 100 dollars, amid expectations that the exchange rate in the local markets would reach the official price set (1320) thousand dinars in the coming days. LINK
Louay Al-Khatib: Maintaining Electricity In Iraq Is One Of The Seventh Impossibilities
Tue, 04-25-2023, Pm 4:41 Tayseer Al-Asadi Former Minister of Electricity Louay Al-Khatib reviewed, on Tuesday, the main problems afflicting the energy sector in Iraq, stressing that the provision of electric energy will not be without lifting government subsidies and considering it a non-free commodity.
Commenting on the Prime Minister's visit to the Operation and Control Department, Al-Khatib said, "These and other cases that your Excellency reviewed during your recent visit to the Operation and Control Department are individual cases and may be regional, and are not general to the overall performance of the network, and are limited to the performance of the relevant distribution departments, and therefore are Secondary to the crisis of scarcity of equipment and fairness of distribution.
He warned that "the electricity crisis in Iraq is mainly caused by government subsidies on tariffs and fuel, as well as government domination of the electricity sector, and therefore its economic and institutional causes before they are technical."
He continued, "Simply put, the price of energy supply is linked to hard currency and international fuel prices, and therefore it is impossible to sustain energy supply to consumers and meet demand on the basis of government support that drains the treasury of a country with limited imports in light of the population growth in Iraq, which has exceeded the barrier of 2.6% annually.
Meaning." When the pricing is zero or close to it, demand will be unlimited and indefinite, in addition to government support and government domination of this sector in light of a chaotic democratic system that will perpetuate mismanagement and corruption even more.
He pointed out that "the electricity sector recently costs the Iraqi state treasury about $20 billion annually in fuel costs at international prices, maintenance allocations, import and purchase of energy, and expansion of the network (production, transmission and distribution), while the sector is supported by 90% of the state, which is non-refundable.
Domestic demand is met, no matter how hard governments try, and the sector will remain a loser and a breeding ground for corrupt people who live on government allocations of fuel and financing for government companies that are governed by political and factional quota protocols.
He addressed Al-Sudani, saying, "The solution will not be for you to go to the Operation and Control Department and transfer the requests of some citizens. Rather, the solution lies in your meeting with the heads of parliamentary blocs to explain to them the necessary reform steps in the economic and institutional files for this important sector, which has become costly on the federal budget at a value of 20 billion dollars annually." ,
and another 20 billion dollars annually as a direct loss to the GDP due to the scarcity of equipment for the sectors of industry, commerce and agriculture, and that the issue of canceling subsidies has become necessary and inevitable to avoid the inevitable collapse of the national network in the next few years.
He pointed out that "the decision to cancel the subsidy is a government decision that needs the approval of the Council of Ministers and political support from the ruling blocs in the House of Representatives so that it does not hinder the government's steps, and all of these need tax reforms as well as the inclusion of specific financial allocations for social protection networks so that support is exclusively for beneficiaries from limited-income societal groups."
With the development of a solid and solid plan to privatize the production and distribution sectors gradually and with a time limit set according to international standards, thus financing the electricity sector will shift to attracting giant investments as well as the movement of investors in the stock market so that the sector becomes profitable, and not depending on government support that made it loser, draining the budget and costly output. country's local.
And he stressed the need to "cancel all lines of exceptions in supplying free energy to political parties and their affiliated institutions. As well as developing a tight collection plan for the entire network, especially from slums that exceeded a million slums in Iraq, by force of law, otherwise the supply is cut off centrally for groups that refuse to pay. It must also be imposed." Double fines and severe penalties for anyone found to have violated the national network.
He continued, "I explained these matters in detail during my many meetings in the House of Representatives and its committees in 2019, but the proposals were met with strong opposition from some, due to their collision with the personal interests of many deputies who depend on this sector and its government support in marketing their electoral campaigns, and the mention is sufficient for him."
And he added, "All institutions and media platforms stand against this education because they tend to populist discourse and what is consistent with the desire of society that does not want to pay the real cost of energy, while it sees it as a natural right that must be provided by the government, whatever the demand and regardless of the cost that does not want to be paid." be bound by it.”
He concluded: “Electricity is not a free service for citizens, but rather a commercial commodity, and its cost must be paid by the consumer 100% without any subsidy, otherwise it cannot be provided to consumers. And all the rumored media narratives about providing it to the people by governments in a subsidized manner is pure lies, with the exception of some The very few and limited examples that cannot be compared to Iraq, and they are usually not a rule. https://non14.net/public/156482
The Central Bank Of Iraq Succeeds In Breaking The Back Of The Dollar (Caricature)
Baghdad-Iraq today: The Central Bank of Iraq succeeds in breaking the back of the dollar (caricature) LINK
Hard Data That Confidence In The Dollar Is Cracking
Hard Data That Confidence In The Dollar Is Cracking
April 25, 2023 By Simon Black – Sovereign Man.com
It is becoming increasingly clear that the world is losing faith in the United States dollar... and rapidly turning to alternatives. And that’s a huge deal for the United States.
For nearly eight decades, the US economy and US government have enjoyed the unparalleled benefits of the dollar being the world’s reserve currency.
Hard Data That Confidence In The Dollar Is Cracking
April 25, 2023 By Simon Black – Sovereign Man.com
It is becoming increasingly clear that the world is losing faith in the United States dollar... and rapidly turning to alternatives. And that’s a huge deal for the United States.
For nearly eight decades, the US economy and US government have enjoyed the unparalleled benefits of the dollar being the world’s reserve currency.
This means that nearly every government, central bank, commercial bank, and large corporation in the world holds at least some US dollars. Foreign companies use the dollar to trade with one another. Foreign governments and corporations often issue bonds in US dollars.
And most of the world’s major commodities, including oil, are priced and traded in US dollars.
The dollar’s dominance is so ridiculous that even when Airbus— a European aircraft manufacturer— sells jets to Air France, that transaction is settled in US dollars.
This has been an enormous benefit to the United States; every other country in the world that engages in international trade and commerce HAS to hold US dollars... which means that foreign institutions end up parking vast sums of money in the US financial system.
And that money creates additional capital that gets put to work to grow the US economy.
Think about that again: rather than invest their own money to grow their own economies, foreign governments and institutions are essentially forced to invest a big part of their savings for the exclusive benefit of the US economy... simply because they need access to the world’s reserve currency.
A lot of that money ends up in the hands of the US federal government; in fact, foreigners own roughly $7.5 trillion of US government bonds... which has been an absurdly good benefit for the Treasury Department.
Whenever the federal government has come up with some stupid, expensive idea... like paying people to stay home and NOT work... foreigners have always helped pay for it by buying more US government bonds— again, simply because they need to own US dollars.
But as I wrote to subscribers as far back as August of 2015, the dollar’s reserve currency dominance “is by no means written in stone. The US dollar is not the first global reserve currency, and it won’t be the last.”
Throughout history there have been many reserve currencies, from the ancient Greek drachma to the gold solidus of the Byzantine empire, the Venetian gold ducat, the Spanish real de ocho, to the British pound. No reserve currency lasts forever.
History shows that a reserve currency is displaced whenever the rest of the world loses confidence; this typically happens when the government’s finances deteriorate severely.
Back in 2015 I warned that America’s finances were also deteriorating, which posed a risk to the dollar’s dominance: “The US government is insolvent. Its major institutions and pension funds are insolvent. The central bank is borderline insolvent.”
That assertion is even more true today. In fact I would remove the qualifier “borderline” when describing the central bank; the Federal Reserve is, according to its own calculations, totally insolvent.
And the rest of the world is really starting to take notice. The French in particular have been complaining for years about the US dollar, and just recently the French President has been urging Europeans to seek financial independence from the United States.
Leaders from countries including Saudi Arabia, the UAE, Malaysia, Brazil, and India have all recently expressed openness, or even desire, to move beyond the US dollar in international trade.
Saudi Arabia is flirting with the idea of selling oil in Chinese yuan, and just a few weeks ago the first Liquified Natural Gas (LNG) contract in Chinese yuan was transacted.
These are just anecdotes, of course. But there’s a lot of hard data showing that the dollar’s reserve status is waning.
According to the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, the U.S. dollar is currently used to settle about 40% of international trade.
That’s still a lot. But even as recently as 2014, SWIFT reported the dollar was used for 52% of global trade.
Dollar reserves held by foreign governments are also declining.
According to the International Monetary Fund, the US dollar now accounts for 58.4% of foreign reserves held by central banks around the world, compared to roughly 70% in the late 90s.
Foreign central banks also seem to dump their US dollars in exchange for a more traditional store of value; that’s why central banks around the world bought more gold in 2022 than they have since 1950.
This is all hard data showing that the world’s discontent with the US dollar has finally translated into action. And it suggests that the US dollar’s loss of global reserve status is only a question of when, not if.
Again, this is a huge deal for America.
The only reason the US government has been able to get away with a $31.5 trillion national debt, multi-trillion dollar deficits “that cost nothing”, and all the other insane government dysfunction, is because the dollar is the world’s reserve currency.
What do you think would happen if the government of Bulgaria ran a massive deficit every single year... or if the President of South Korea shook hands with thin air?
Their currencies would probably plummet and their bond markets collapse.
Just last year, in fact, we saw the British pound go into freefall, the bond market plummet, and the Prime Minister forced to resign, simply because investors did not like her economic plan.
But the US government has been able to do whatever it wants... for decades... simply because they have the reserve currency.
You’d think that the federal government would do everything in its power to protect such an extraordinary privilege.
But instead they seem to be going out of their way to destroy it. It’s pure insanity.
Even now, with the country weeks away from defaulting on the national debt, the President of the United States still refuses to negotiate a single penny in spending cuts in order to raise the debt ceiling.
Foreigners are watching this mess... and they’re not impressed. And this is yet another reason why they’re moving so quickly to reduce their dependency on the dollar.
Frankly this might be a good thing. The US government is like a spoiled, hard partying rich kid who has squandered the fortune that his great grandfather worked so hard to build.
Maybe the kid needs to go broke and have his fancy cars repossessed in order to (hopefully) relearn the value of money, responsibility, and conservative financial management.
It’s important to remember, in fact, that the United States became the most powerful economy in the world BEFORE the dollar became the global reserve currency. Same with the UK and British pound before.
So it’s possible that losing some of the dollar’s reserve status might just be the spark that the US government needs to get its act together. Only time will tell.
To your freedom, Simon Black, Founder Sovereign Man
https://www.sovereignman.com/trends/hard-data-that-confidence-in-the-dollar-is-cracking-147023/
Iraqi News Highlights Tuesday Evening 4-25-23
Iraqi News Highlights Tuesday Evening 4-25-23
Tlm724 Administrator Bondlady’s Corner
Sudanese: Parliament's Movement Is Weak ... A New Political Map Waiting
April 23 12:03 Information/private ..The deputy of the State of Law coalition, Muhammad Saadoun Al -Sudani, considered today, Sunday, the performance of the House of Representatives recently "not at the required and regulatory level, among the fact that the Prime Minister, Muhammad Shi'a Al -Sudani, employed and appointed personalities close to him in government institutions.
Iraqi News Highlights Tuesday Evening 4-25-23
Tlm724 Administrator Bondlady’s Corner
Sudanese: Parliament's Movement Is Weak ... A New Political Map Waiting
April 23 12:03 Information/private ..The deputy of the State of Law coalition, Muhammad Saadoun Al -Sudani, considered today, Sunday, the performance of the House of Representatives recently "not at the required and regulatory level, among the fact that the Prime Minister, Muhammad Shi'a Al -Sudani, employed and appointed personalities close to him in government institutions.
Al -Sudani said in an interview with the information agency, that "the current government movement at the present time is faster than the House of Representatives movement," noting that "the level of Parliament is not at the level required legislative and regional."
He added, "The next stage will witness a new political map," noting that "the Prime Minister has entered the local and international political equation, and therefore it will have an affair in the upcoming elections."
On the frequency of the news about the Sudanese, the employment and appointment of personalities close to him in government institutions, Saadoun explained that
"this matter is not valid and free from accuracy," noting that "the primary goal of this fibrosa is to exclude the Sudan clan and its competencies."
A member of the House of Representatives explained that "the current government has proven to be as a challenge and the citizen and changed his state of frustration," noting that
"for the first time the Sudanese government is a reference government of a national political coalition that represents all components."
The spokesman for the parliamentary torque bloc, MP Muhammad Abd Rabbo, had described the performance of the House of Representatives in its current session as "the Ricke" and
the lack of seriousness in offering service files, indicating that the current parliamentary session is the most embarrassing in the history of Iraq.
' https://almaalomah.me/news/politics/السوداني:-حركة-البرلمان-ضعيفةخارطة-سياسية-جديدة-بالانتظار
Al-Haidari: There Is Governmental And Parliamentary Will To Pass Two Laws Related To Oil And Gas
April Information / Baghdad ..Member of the Oil and Gas Committee, Representative Alaa Al-Haidari, confirmed, on Monday, that
his committee is in the process of discussing and reviewing a draft law on oil and gas and the National Oil Company, indicating that there is a governmental and parliamentary will at the present time to approve the two laws because they will solve many problems and differences, especially between the center and the region.
Al-Haidari said in a statement to Al-Maalouma that "the oil and gas laws and the National Oil Company are among the most important laws regulating the relationship in the field of production and export and the relationship between the region and the center, but they were too late due to the lack of political will to approve them."
He added that "the governmental and parliamentary administration is available today in order to approve the law, and that
the Parliamentary Oil and Gas Committee is preparing to discuss and review the draft legalists," expecting that "the two laws will come to light during the current parliamentary session."
Al-Haidari pointed out that "the oil and gas law and the law of the National Oil Company have a mutual relationship because they are one complementary to the other," explaining that "the approval of the two laws will solve many problems and differences, especially between the center and the region."
https://almaalomah.me/news/economy/الحيدري:-توفر-الارادة-الحكومية-والبرلمانية-لاقرار-قانونين-يت
Integrity: The Battle Against Corruption Is Crucial, And We Will Not Allow The Corrupt To Escape Accountability
Today 15:17 Information / Baghdad..The head of the Integrity Commission, Haider Hanoun, affirmed, on Tuesday, that the battle of integrity against corruption is crucial and deserves to make huge sacrifices for it, while indicating that the corrupt should not be allowed to escape accountability and punishment.
Hanoun said in a statement received by Al-Maalouma Agency, "The battle of integrity against corruption is a fateful battle that differs from other battles, as it clashes with personal benefits, and deserves great sacrifices for its sake," noting that "the cadres of the Commission, especially the Investigation Department, represent the spearhead in this battle."".
And he stressed "intensifying the efforts of affiliates in the field of combating corruption, preventing it, prosecuting its perpetrators, and preserving public money," stressing
"not courtesy of the corrupt or allowing them to escape accountability and punishment, and emphasizing everyone against whom a judicial ruling has been issued, and not being lenient or pardoning them."
He pointed to "the importance of consolidating authentic values in the hearts of the people of society and adjudicating conscience;
to create a generation armed with the ethics of integrity and honesty against all values of corruption and behaviors that are inconsistent with the ethics of the public office," explaining that
"the thief of the state's money and the people's power cannot claim virtue, values and good morals, as well To be a patriot or leader of a value project.
He called on "all political and societal actors to give priority to the interest of Iraq and to reject the corrupt transgressors over public money," noting that
"the Commission is determined to emerge victorious in its battle against corruption, to recover the revenues obtained from it, and to put those involved behind bars."
He praised "the increase in the pace of the commission's work, one of its outputs being the implementation of unprecedented qualitative operations during last March that afflicted the corrupt, as (223) operations were carried out, during which (134) accused were arrested," explaining that
"this contributes to restoring the citizen's confidence in the oversight bodies and increases At the level of his cooperation with her in reporting corruption.”
https://almaalomah.me/news/politics/النزاهة:-معركة-الفساد-مصيرية-ولن-نسمح-بإفلات-الفاسدين-من-الم
Al-Fateh: Diversifying Currency Reserves Has Become A National Security Priority
Information / Diyala.. The leader of the Al-Fateh Alliance, Sadiq Jaafar, confirmed, on Tuesday, that the diversification of currency reserves in Iraq has become a priority for national security.
Jaafar said in an interview with "The Information", that "Washington has repeatedly tried to exploit the dollar to put pressure on Iraqi governments in various forms, as it did with other countries, which made confidence in this currency shaken, which turned into a pressure card and punishment used against countries that reject America's hegemony."
He added, "The recent crisis and the pressure on the markets to seriously rethink the diversification of currency reserves in Iraq, as it has become a national security priority to prevent any future crises," noting that
"resorting to Chinese currencies and other countries has become a necessity in order to break the monopoly of the US dollar."
He pointed out that "Iraq's openness to adopting national currencies in its trade with other countries, whether China or neighboring countries, will reduce pressure on state transfers by 40%, according to economists, and this will push the dinar to more stability."
Iraqi political forces have accused Washington in recent months of using the dollar to create a crisis in the markets and raise exchange rates to limits that increased market prices in an unprecedented way.
https://almaalomah.me/news/economy/الفتح:-تنويع-احتياطي-العملات-بات-من-اولويات-الامن-القومي
Al-Sudani: The State Is Required To Pay The Money For The "Theft Of The Century"
April 24 20:07 Information/Baghdad.. The Prime Minister, Muhammad Shia' al-Sudani, affirmed, on Monday, that he would not compliment a leader or party with the cabinet reshuffle, and whoever "wants to refuse, let him refuse," pointing out that the state is required to pay tax secretariats, "the theft of the century."
Al-Sudani said in a televised interview, followed by Al-Maalouma, that "there are names of officials who will be replaced at the appropriate time," noting that
"the state is required to pay tax secretariat money (theft of the century) to companies and contractors." And he continued:
"There is a tracking of those involved in the theft of the century, and our plans cannot be revealed, and the state is required to pay tax secretariat funds to companies and contractors." Ended 25/j
https://almaalomah-me.translate.goog/news/politics/السوداني:-الدولة-مطالبة-بتسديد-اموال-سرقة-القرن
Sudani Confirms His Insistence On A Cabinet Reshuffle In A Timely Manner
Today Information / Baghdad..Today, Tuesday, Prime Minister Muhammad Shia Al-Sudani affirmed his insistence on proceeding with the cabinet reshuffle, while indicating that everyone is convinced of the importance of approving the budget.
And the Prime Minister said in a televised interview followed by Al-Maalouma:
"After assuming responsibility, I found files that are idle due to ignorance or bad faith, corruption and lack of vision, and we are forced to work quickly and we do not want to waste time and we are working at an escalating pace to meet the needs and aspirations of the Iraqis."
He added, "All decisions of the Council of Ministers are implemented, and there is a team that follows up on implementation, and we have nothing but the constitution to organize the political process, despite its defects."
The Prime Minister added, "The challenge before me is to win the people's trust, and the problem in Iraq is a service, and we did not give loose pledges."
And about the governors, he stressed, "They are the second pillar after the ministers, and after the dissolution of the provincial councils, the governors were left alone in facing service and security problems, and I attached great importance to the work of the governors from the first day of their appointment."
He stressed, "We hold continuous meetings with the governors after previously stopping them for two years, and they are part of the ministerial program, and the previous governments made a strategic mistake by working with the ministers in isolation from the governors.
Regarding the ministers' evaluation, the prime minister said, "We talk with the ministers clearly and frankly about evaluating their work and the professional evaluation, and the constitution gives the prime minister the power to dismiss the negligent minister, and we are determined to make a cabinet reshuffle and we will choose the appropriate time, and I will not give up my constitutional powers to carry out the ministerial change."
In the file of theft of the century, the Prime Minister said, "400 billion dinars have been recovered, and the government is required to pay the amount of tax theft of 3.7 trillion dinars to companies and contractors."
He added, "I informed the Integrity Commission and the Oversight Bureau that there are no red lines in combating corruption, and the Integrity Commission was witnessing a major defect and neglecting files."
In the budget file, the Prime Minister said, "We explained to the presidencies and political forces the contents of the three-year budget, and after the Eid holiday, the budget will be discussed in Parliament, and regarding Parliament's intentions to reduce the deficit, we are ready for discussion, and reducing the deficit must not affect spending and cause consequences," pointing out to That "everyone is convinced of the importance of approving the budget."
On foreign relations, the Prime Minister affirmed that "the international community deals with Iraq as a state and has nothing to do with people, and our vision of the form of international relations is based on productive diplomacy." https://almaalomah.me/news/politics/السوداني-يؤكد-اصراره-على-اجراء-تعديل-وزاري-في-الوقت-المناسب
To read more current and reliable Iraqi news please visit BondLady’s Corner:
Hidden Secrets Of Our Money
Hidden Secrets Of Our Money
By Peter B Meyer The Final Wake Up Call
Money without value biggest scam in history
Unmasking the money system
Who owns the central banks? You are about to learn one of the biggest secrets in the history of our world, a secret that has huge implications for everyone living on this planet. Most people feel deep down that something is wrong with the global economy, but few know what it is.
Gone are the days when a family can survive on just one salary, every day it seems like things are getting more and more out of control, but only one in a million understands why. – You are about to discover the system that is ultimately responsible for most of the economic problems and inequalities in our society today.
Hidden Secrets Of Our Money
By Peter B Meyer The Final Wake Up Call
Money without value biggest scam in history
Unmasking the money system
Who owns the central banks? You are about to learn one of the biggest secrets in the history of our world, a secret that has huge implications for everyone living on this planet. Most people feel deep down that something is wrong with the global economy, but few know what it is.
Gone are the days when a family can survive on just one salary, every day it seems like things are getting more and more out of control, but only one in a million understands why. – You are about to discover the system that is ultimately responsible for most of the economic problems and inequalities in our society today.
The Deep State does not want you to know this, because this system has kept them at the top of the financial food chain for at least the last 200 years. This teaching will change your life because it will change the choices you make. If enough people learn this, it will change the world, because it will change the system. Because this is the biggest Hidden Secret of Money. Never in human history have so many been looted by so few, and it has all been achieved through this; the biggest scam in human history.
To camouflage the devaluation of your money, regardless of demand, the price of precious metals is artificially manipulated downwards. And this is the reason why gold never reached or surpassed that level after the 2011 high, it should have shot up to over US$50,000 per ounce under current conditions.
Worse, as a result of the growing money supply by more than 10 billion a day, they are causing massive credit inflation. In the process, price increases are delayed and uneven, due to the Cantillon effect, allowing early recipients of the new money to buy goods and services at existing prices.
Later recipients, or those who do not receive the new money at all, face higher prices and a decline in their standard of living. Yet most people make no connection between higher retail prices and an earlier expansion of the money supply. It will be hard to remember a more effective method of destroying modern society.
Central banks run the printing presses
You work all your life and are worth, say, $1 million. Then the Central Bank just prints $40,000 million extra, or more a month. Then it gives the new money to the people close to them, like the banks that need bailing out, or people speculating in stocks, short of individuals making campaign contributions, or manufacturers with Deep State contracts making weapons, etc.
The central banks are running their printing presses – in effect giving money to their cronies in the financial industry. From there, it seeps into the money system, raising the prices of financial assets and real estate, etc.
Central banks provide cheap money to banks, money that artificially inflates asset prices; to make insiders with good connections filthy rich.
Quantum Financial System – QFS
After the currently existing debt-based financial system, which will soon be defunct for good, the quantum hosted exchange system QFS will come online. The general public will be informed when this happens, through global implementation of GESARA/NESARA act.
GESARA stands for Global Economic Security and Reform Act, signed by all 209 sovereign nations of the world, and is the most groundbreaking reform law for planet Earth.
In preparation for our readers, below is a summary of our new gold-backed money system that will be introduced the moment the existing cabal-run debt money system collapses.
The GESARA welfare programme is based on value funds such as the Saint Germaine World Trust Fund. Sanctus Germanus (St Germaine), is the inspirer and promoter of innovations, including computers and the internet. This fund contains deliverable precious metals and currency worth more than a quattuordecillion US dollars. The word quattuordecillion is sometimes spelt as quatrodecillion.
That means 1040, or $1 with forty zeros. The Saint Germaine World Trust funds are alongside and separate from the World Global Settlements Funds and the Global Collateral Accounts.
QFS is unlike anything ever presented to the world before. It has no adversary; it has no equivalent in advanced technology that any other system previously possessed. It was designed outside our world, so brand new on planet Earth. It is superior in applied technology, providing 100 per cent financial security and transparency to all currency account holders.
With the QFS, the world can easily be turned into gold-backed currency that completely side-lines the functioning of the Cabal’s old central banking system.
To sum it up;
QFS will be the new global gold or asset-backed money transfer network already set up and operating in Russia, China and other allied countries to replace the centrally controlled Swift system.
QFS operates on a quantum computer, placed on a satellite in orbit, and is protected from hackers by a secret space programme. This quantum technology was provided by our benevolent Palladian Brothers and Sisters.
The aim of the new financial system is to end corruption, usury and manipulation by criminals within the banking world once and for all. Its strength is the applied restrictions that prevent corrupt bankers from making significant profits.
QFS is completely independent of the existing centralised banking system and makes all other transfer systems such as SWIFT and crypto blockchains redundant.
Moreover, after the coming money revaluation (RV), all sovereign currencies will be gold or asset-backed, with fixed exchange rates against each other, which guarantees sustainable value, and obviates the need for unsecured cryptos. Note; cryptos are nothing more than numbers in computer memories.
By activating QFS, the Galactic Alliance has side-lined the Central Banking System, a money system designed by the Deep State to destroy the global economy and keep the world’s population in debt bondage.
A little-known practical matter is that QFS has been running parallel to the Central Banking System for quite some time, and has withstood many hacking attempts by the Banking Cabal. As a result, numerous bankers have been caught red-handed during illegal money transfers and arrested on the spot.
It is even less known, that this QFS money transfer system was originally intended as a preparation for the takeover of the central banks’ debt money system, to finally end financial fraud, debt slavery and population control.
It is important to note that the termination of all Central Banks will not cause the currency, bond or stock markets to crash. These three markets are currently controlled by the Exchange Stabilisation Fund.
Hidden Secrets of Money
The largest Scam in Humanity’s History. You are urged to watch this video as it increases knowledge about our daily money. Such as, among other things, the discovery that this system is responsible for the great inequality in our world today.
Those in power do not want you to know this because this system has kept them at the top of the financial food chain for the past 200 years. This knowledge will change your life because it will change the choices you are going to make. If enough people know this, it will change the world because it will make the system obsolete.
https://finalwakeupcall.info/en/2023/04/25/hidden-secrets-of-our-money/
Tuesday Evening Chat with MarkZ 4-25-2023
Evening News with MarkZ 04/25/2023
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
Member: GE everyone. Can’t you just feel the excitement in the air?
MZ: It’s Been very quiet on the RV side today. From Iraq to banks to bonds…..Bond folks have their eyes on tomorrow for developments to start. And then hearing thigs could be continuing for 4-5 days. Hopefully I will get an update before tomorrow mornings podcast. And hoping we see a lot of activity tomorrow.
Member: I think silence is golden…
Member: Why do bond holders get to go without wating for Mr. C to put in the codes?
Evening News with MarkZ 04/25/2023
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
Member: GE everyone. Can’t you just feel the excitement in the air?
MZ: It’s Been very quiet on the RV side today. From Iraq to banks to bonds…..Bond folks have their eyes on tomorrow for developments to start. And then hearing thigs could be continuing for 4-5 days. Hopefully I will get an update before tomorrow mornings podcast. And hoping we see a lot of activity tomorrow.
Member: I think silence is golden…
Member: Why do bond holders get to go without wating for Mr. C to put in the codes?
MZ: Funds come from different pots of money for different portions of this process.
MZ: “Russia launching payment system with no restrictions –Digital currencies to be completely unrestricted” This is huge……this will break the entire central bank digital currencies.
MZ: “Financial Times: EU and Japan resist US plans to ban all G7 exports to Russia” Things are not going well for the US. We are losing the public opinion war. This is also a big one
MZ: “First Republic bank expected to be seized by US Government” This is a breaking story. I am expecting this bank to tank this week. Banking woes are not over.
Member: Bank of America sending me lots of emails about investing in art. Seems like thats a safer bet the US Fiat. Hahahaha
Member: So I went to chase bank yesterday. I noticed they have change the sign on their door and it says Chase wealth management. Nothing at all says Bank. I was told it changed about a year ago
Member: Our credit union is going to do an update for online banking and said that 'your contact information will need to be confirmed after the update when you log in'
Member: Praying for all who are having a hard time waiting for this to happen. God will bless all
Mod: STAY POSITIVE GUYS! BETTER DAYS ARE COMING!
Member: Thanks Mark and Mods….see you all in the morning.
THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
"Why I'm Using More Cash, as My Worst Nightmare Comes in" Warns Rick Rule
'Why I’m Using More Cash,' as My Worst Nightmare Closes In Warns Rick Rule
Stansberry Research: 4-24-2023
The enemies of the U.S. dollar are not Saudi Arabia. They aren’t China. They aren’t Russia,” says Rick Rule, founder and CEO of Rule Investment Media.
“The worst enemy of the U.S. dollar, rather than being external, it’s from within.” He argues that the U.S. is facing more than $130 trillion of debt and Congress has promised to service with a budget that’s in deficit $2 trillion a year.
“You don’t dig yourself out of a hole by digging deeper.. which is precisely what we were doing,” Rick says.
'Why I’m Using More Cash,' as My Worst Nightmare Closes In Warns Rick Rule
Stansberry Research: 4-24-2023
The enemies of the U.S. dollar are not Saudi Arabia. They aren’t China. They aren’t Russia,” says Rick Rule, founder and CEO of Rule Investment Media.
“The worst enemy of the U.S. dollar, rather than being external, it’s from within.” He argues that the U.S. is facing more than $130 trillion of debt and Congress has promised to service with a budget that’s in deficit $2 trillion a year.
“You don’t dig yourself out of a hole by digging deeper.. which is precisely what we were doing,” Rick says.
However, he is still impressed by the resilience of the U.S. economy and advises young people to follow their passion if they want to succeed.
In regards to latest rollouts of central bank digital currencies, Rick says it’s the “worst possible nightmare” because the digital currency program will allow governments to monitor people and control their money.
“I am using more and more cash,” Rick says. He concludes that the deficits, debt issues, and negative real interest rates will tempt folks to explore the precious metals sector, including physical gold and gold-mining companies.
00:00 De-dollarization
13:30 Economic outlook
17:04 Rick’s advice on youngsters
21:17 Rick’s thoughts on the Fed
23:52 Rick starting banks
29:26 Investor education
31:57 Gold price
35:23 Rick’s final thoughts on central bank digital currencies