News, Rumors and Opinions Tuesday Morning 3-19-2024

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. 19 March 2024

Compiled Tues. 19 March 2024 12:01 am EST by Judy Byington

Global Currency Reset (RUMORS)

Judy Note:

According to Wolverine on Sun. 17 March, Brazil, Hong Kong and other places across the World have been given the Green Light for the Global Currency Reset.

On Mon. 18 March Tier4b was in a 24 to 36 hour (10 am EST to 10 pm EST Tues. 19 March) window for announcement of how to set redemption appointments, with Thurs. 21 March being an important day (to begin appointments?).

At that time Wells Fargo and HSBC will send (allegedly) out over 400,000 emails to currency and bond holders laced with instructions on how to exchange and redeem. The email will also contain a specific website of a person’s own country that is armed with its own 800# or website code. Exclusive Leak: Wells Fargo’s 400,000 Emails Trigger Massive Liquidity with Zim Bonds & NESARA! – Gazetteller

On Mon. 1 April the General Public will be able to go to existing banks and set up their individual bank accounts on the new Quantum Financial System. April 1st Shockwave! QFS Integration with Wells Fargo Sparks Global Financial Reset, Redemption Centers, Military Alliances – Trump & Musk’s AI Unleashes War on Globalist Elites! – Gazetteller

Mon. 18 March Most recent banker update occurred shortly after 10 am this morning Mon. 18 March.  Word from those higher ups was that we were in a 24 to 36 hour (10 am EST to 10 pm EST Tues. 19 March) window for announcement with Thurs. 21 March still being an important day for the banks.

Sun. 17 March Wolverine: My Dearest Chosen Ones, we know the time of our blessing is approaching quickly, but for many, not as quickly as we had hoped, but we can see It IS happening. Right now, let’ set our sights on all we wish to accomplish, on all the goals we know we are going to accomplish. And of all things, each of you should be proud that despite all those who gave up, who lost faith, you are still here. The Prize Awaits you! Believe and have Faith!

Hello everyone! I have received incredible news coming in today. Great News from Brazil who has the green light and that has been confirmed from other sources. Same thing happening in Hong Kong and that is also confirmed. It is also happening in other places around the world.

However, use discernment, as it is not over “Till the Fat Lady sings,” and I am the Fat Lady!!! As soon the Admiral gives me permission to sing the opera, I will be singing it!!

All is looking good according to ALL sources, and they gave me a 100% that it has started! Remain in faith and do not be negative. We know this is real or we would not be wasting our time here.

 Holly has put out great bank stories. We know Reno started as of a few days ago. MarkZ talked about a bond holders story who went to a bank and came out with an NDA. Many of my contacts are under NDA and they are not talking. That is all I have for you at the moment.

Pray for God to release that opera. The Opera will be in three parts: 1) A YouTube video put together by a very talented person I know. 2) Liberation sound of the blowing of trumpets, remember the Charlton Heston movie, “The Ten Commandments,” when the Israelites were being liberated from slavery – there was a great resounding of trumpets! And 3) finally THE OPERA! That is all I have for now my friends, take care, Wolverine. (Transcribed by Carpathia)

Mon. 18 March RayRen98: “We are in a 24-hour range if all goes well.”

Mon. 18 March MarkZ: “The term “redemption center” may be a little off.  They are mainly different banks and banking facilities that are set up and will have equipment and trained personnel for exchanging foreign currency .It may just be a bank branch with extra offices in your area. Some may be full blown centers in areas with many foreign currency holders. They have a good idea on demographics from who has bought what in areas.   But many locations may just be say, an unused second floor that used to house mortgages or something like that. A place they can set up machines to check and validate our currency with trained personnel for our exchanges.”

Read full post here:  https://dinarchronicles.com/2024/03/19/restored-republic-via-a-gcr-update-as-of-march-19-2024/

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

Frank26   I was excited when Sudani suggested 1.32 but now I am crazy excited to see Alaq the governor of the Central Bank of Iraq suggesting the same thing.

Militia Man  Al-Sudani talked about having $1.00 equaling 1.32 dinars...I believe in my view is when they drop the three zeros from the exchange rate, what you'll have is about .76 USD.  Then they apply the Real Effect Exchange Rate to that.  And that's going to be based off of their assets...

Walkingstick   WTO means currency restriction free, therefore all members can use multiple foreign currencies to buy, sell and trade but Iraq has decided...all...contracts that have been recently signed with Sudani must be converted into Iraqi dinars.

Inflation DESTROYS All Economies, Here's Why | Michael Pento

Liberty and Finance:  3-18-2024

The US stock market is at higher valuations compared to GDP than in anytime before 2020, says Michael Pento. Not even right before the infamous 1929 crash were valuations so high.

 At the same time, we continue to see high inflation. “Inflation has destroyed every economy since Roman times," he says, and expects that, in the long run, the US economy will similarly be destroyed by currency devaluation.

INTERVIEW TIMELINE:

0:00 Intro

 1:30 Credit crisis

6:25 Stock market

13:15 Banking system

19:24 Real estate

25:45 Preparedness

https://www.youtube.com/watch?v=7pjV1LHsYKw

MilitiaMan: Iraqi Dinar Update - Expectation Results - Al-Sudani - Taif Sami - Al-Alaq - Time to show Success

Iraqi Dinar Update - Expectation Results - Al-Sudani - Taif Sami - Al-Alaq - Time to show Success

MilitiaMan and Crew: 3-18-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news…

…https://www.youtube.com/watch?v=O-GodbVXWGk..

All Eyes on the Federal Reserve - What to know this week

All Eyes on the Federal Reserve: What to know this week

Josh Schafer·Reporter  Sun, March 17, 2024

The major US stock indexes have backed off record highs ahead of the Federal Reserve's all-important March meeting.

On Wednesday, that tension will finally be resolved.

The US central bank is set to release its latest monetary policy decision and updated economic projections at 2:00 p.m. ET on Wednesday afternoon, with investors looking for an answer to one key question: Does the Fed still think it will cut rates three times in 2024?

Recent data showing inflation hasn't dropped as fast as expected has pushed out market forecasts for Fed rate cuts this year to three from six. The question, then, is whether a few months of stubborn inflation data will be enough to prompt a further tweak from the Fed.

What the Fed rate decision means for bank accounts, CDs, loans, and credit cards

Hal Bundrick  Updated Thu, Feb 1, 2024

Fed watchers are still holding their breath for an interest rate cut.

After inflation peaked at 9.1% in June 2022, the Federal Reserve worked to tame consumer prices with a series of 11 interest rate hikes over the ensuing months, and inflation stood at 3.4% in December 2023.

With a target of 2%, the Fed's decision on Jan. 31, 2024, to pause rate hikes for the fourth month in a row shows the central bank believes it's winning the fight against inflation — but remains watchful.

So, interest rates are still elevated, and any hope of the Fed lowering rates remains just that. Hope.

How Monetary Policy Works

The Fed controls one interest rate: the federal funds rate, which is the short-term rate banks use to borrow from each other. The latest action keeps the target range for the federal funds rate at 5.25-5.50%. Fed interest rate decisions filter through the financial world, impacting virtually every facet of borrowing costs and saving rates.

Interest rate management is monetary medicine the Fed uses to:

Slow the economy by raising interest rates in an effort to tame rising costs (high inflation) as measured by the consumer price index.

Help mount a recovery when we're at the opposite end of an economic cycle by lowering interest rates as an injection of liquidity into the financial system.

Allow past moves to take root while the Fed considers future actions by holding rates steady.

What the Fed says is ahead for interest rates

In a statement on Jan. 31, the Federal Open Market Committee said it "does not expect it will be appropriate to reduce the target [interest rate] range until it has gained greater confidence that inflation is moving sustainably toward 2%."

However, the FOMC didn't hint as to when that "confidence" would be achieved.

Here’s How The Fed’s Current Interest Rate Stance Could Trickle Down To Your Loans And Accounts.

To Read More Go to the Article Here:

https://finance.yahoo.com/personal-finance/what-the-fed-rate-decision-means-for-bank-accounts-cds-loans-and-credit-cards-223702963.html

Iraqi Dinar Today Video Updates Monday Evening 3-18-24

Iraqi Dinar Today Video Updates Monday Evening 3-18-24

Its, Very Huge, Wells Fargo & WTO Hint Iraqi Dinar New Value Fully Fixed – 4:47

$3.44 The Rate Set By Central Bank of IRAQ Internationally 18 March – 2:16

Chase Bank Game Changing Announcement For All Dinar & Dong Investor – 3:50

Its, Very Huge, Wells Fargo & WTO Hint Iraqi Dinar New Value Fully Fixed – 4:47

https://www.youtube.com/watch?v=lp4MNJI8oBw

$3.44 The Rate Set By Central Bank of IRAQ Internationally 18 March – 2:16

https://www.youtube.com/watch?v=T3MBwdGgTcA

Chase Bank Game Changing Announcement For All Dinar & Dong Investor – 3:50

https://www.youtube.com/watch?v=U6vHM3y3n9Q

Currency Insider Iraqi Dinar - Dong Monday Evening 3-18-24

Currency Insider Iraqi Dinar - Dong Monday Evening 3-18-24

RV Date And Time Done big alert for dinar holders – 2:39

Vietnam Dong something happening big – 1:22

Iraqi dinar massive rate on screen now – 2:47

 RV Date And Time Done big alert for dinar holders – 2:39

https://www.youtube.com/watch?v=ypqptRtk920

Vietnam Dong something happening big – 1:22

https://www.youtube.com/watch?v=Gk8AkA8_-_E

Iraqi dinar massive rate on screen now – 2:47

https://www.youtube.com/watch?v=d6w_kvEm7cU

KTFA Monday Night CC: " FRANK26……IQD UPDATE……3-18-24…..LET’S ROLL !!!"

KTFA

Monday Night Conference Call

FRANK26……IQD UPDATE……3-18-24…..LET’S ROLL !!!

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE= IMPLEMENTATION

https://www.youtube.com/watch?v=zqENNp63eY4

Iraqi Dinar Video Update Monday Afternoon 3-18-24

Iraqi Dinar Video Update Monday Afternoon 3-18-24

Vietnamese Dong Latest Update Today – 3:10

WOW Globally Exchange Rate IQD&USD – 3:28

Today Massive Update About Iraqi Dinar RV – 3:51

Iraq Bank Screen Show New Rate Of IQD – 3:11

 Vietnamese Dong Latest Update Today – 3:10

https://www.youtube.com/watch?v=C-s4yrY45Fg

WOW Globally Exchange Rate IQD&USD – 3:28

https://www.youtube.com/watch?v=pZb5zuq1We4

Today Massive Update About Iraqi Dinar RV – 3:51

https://www.youtube.com/watch?v=1VEFSjr0tnQ

Iraq Bank Screen Show New Rate Of IQD – 3:11

https://www.youtube.com/watch?v=EoH3RWMJc4U

Iraq Economic News and Points to Ponder Monday Evening 3-18-24

Iraq Economic News and Points to Ponder Monday Evening 3-18-24

Tlm724 Administrator Bondlady’s Corner

Does Fitch's Rating Affect The Government's Only Financial "Arm"? An Expert Explains

Time: 03/18/2024 11:51:13 Read: 1,898 times  {Economic: Al-Furat News} An economic expert reduced the impact of the decision of the international credit rating agency {Fitch}, after it announced the reduction of the credit rating of the Trade Bank of Iraq (TBI) to {CCC+}.

Abdul Rahman Al-Mashhadani told {Al-Furat News} agency, “This classification is not new because it is an old classification, and it has been Iraq’s classification for years, although it is not good, and the Iraqi Trade Bank does not need bank credit because it is the government’s agent and finances government purchases and does not borrow, but rather it is He makes payments to the government, and talking about anything other than that is outside the jurisdiction.”

He added, "The international agency {Fitch} indicates that Iraqi banking institutions do not have complete transparency, and this is an indicator that we have had for years. The most important thing is that whoever is in charge of managing the Iraqi Trade Bank is being replaced on charges of corruption and mismanagement, so the problem is with the internal environment, not the external one, and this is what affects Iraq's classification." ".

Al-Mashhadani stressed, “The Fitch rating did not add anything new and does not affect Iraq.”

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said in a previous press statement, “Credit ratings are linked to the bank’s ability to obtain credit facilities, and the Trade Bank of Iraq (TBI) deals with full coverage of credits in advance, and therefore its documentary credits and financing of government imports will not be exposed to problems.”

He added, "Iraq is rated (b) negative, which is not a good classification, and no unit can be higher than the country's classification. TBI will remain a semi-central bank due to its large number of correspondents, the strength of its capital, and its high profits."

It is noteworthy that TBI Bank is the only Iraqi bank that has the right to send remittances abroad, due to the debts incurred by the country that prevent sending remittances and operations with the Rasheed and Al-Rafidain banks.   LINK

Al-Sudani: We Succeeded In Implementing The 2023 Budget, And We Must Continue To Complete Economic Projects

Money  and business  Economy News – Baghdad  Today, Monday, while chairing a meeting regarding the 2024 budget schedules, Prime Minister Muhammad Shiaa Al-Sudani stressed the importance of proceeding with the completion of economic projects.

Al-Sudani said in a statement reported by his media office and received by Al-Iqtisad News: “It is necessary to focus attention on projects that are nearing completion, and projects that drive the economic cycle and support infrastructure, in addition to projects that provide the largest number of job opportunities and meet the service, health and social needs provided.” On other general necessities.

Al-Sudani stressed that "the success witnessed in implementing the 2023 budget must be invested in completing the remaining economic projects, especially those related to aspects of economic reform, investment, and infrastructure construction in the areas of transportation, health, and municipal services, and supporting productive agricultural and industrial programs."

In the path of comprehensive development and administrative decentralization, he stressed “the importance of selecting projects with the highest priority in the allocations to governorate councils, and making the local targets of the governorates in a state of integration with the programs implemented by the federal ministries, which allows achieving the highest returns and results at the level of employment and development, and meeting basic services.” For all citizens throughout Iraq.

Views 95   03/18/2024 - https://economy-news.net/content.php?id=41591

Oil Announces Its Commitment To Voluntarily Reduce Exports

Energy   Economy News – Baghdad   On Monday, the Ministry of Oil announced its commitment to voluntarily reduce exports.

The ministry said in a statement, seen by Al-Iqtisad News, that “in confirmation of Iraq’s positions in support of the initiatives of the OPEC+ member states to maintain stability and balance in the oil market, the Iraqi Ministry of Oil confirms its commitment to the agreed upon voluntary reduction.”

She added, "Despite the reports received regarding the region's production outside of coordination and agreement with the federal government, and in order to address this, the Ministry of Oil took the initiative to reduce oil exports for the coming months to absorb the increase recorded in Iraq for the past months of January and February."

She pointed out that "coordination is being done with secondary sources to confirm this in their reports issued regarding the production rates of OPEC+ countries for the coming period."

Views 7   03/18/2024 - https://economy-news.net/content.php?id=41608

More Than $242 Million In Central Bank Sales Today

Monday 18, March 2024 12:35 | Economical Number of readings: 326  Baghdad / NINA / The Central Bank of Iraq announced, today, Monday, its total sales of foreign currency through the electronic window.

The window recorded the total amounts of transfers abroad (remittances, credits) at $221,850,680, while the total amount of cash sales amounted to $20,820,000, and the total amount of sales amounted to $242,670,680.

The cash sale was set at 1,305 dinars to the dollar, while the bond credits, international settlements for the electronic card, and foreign transfers were set at 1,310 dinars to the dollar. /End 11

https://ninanews.com/Website/News/Details?key=1113552

To read more current and reliable Iraqi news please visit BondLady’s  Corner: https://www.bondladyscorner.com/  

Provoking Points to Ponder on Decisions 

There is one quality more important than know-how.... This is know-how by which we determine not only how to accomplish our purposes, but what our purposes are to be. - Norbert Weiner

Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.  - William Jennings Bryan

What must be, shall be; and that which is a necessity to him that struggles is little more than choice to him that is willing.  - Marcus Annaeus Seneca

A wiser rule would be to make up your mind soberly what you want, peace or war, and then to get ready for what you want; for what we prepare for is what we shall get.  - William Graham Sumner

http://famousquotesandauthors.com/topics/decisions_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

How to Accurately Think About Our RV/GCR Exchange Rates : Awake-In-3D

How to Accurately Think About Our RV/GCR Exchange Rates

On March 14, 2024 By Awake-In-3D

In RV/GCR

Transitioning from ‘Holding Currency’ to ‘Holding Value’ Requires a Totally New Financial Mindset

Author’s Note: This article is written from an American and US Dollar perspective. However, it applies to any country and fiat currency just the same.

If you are reading this article, you likely consider fiat currency as the biggest scam and scourge on humanity. It’s likely the reason you are aware of and participating in the RV/GCR itself.

Yet, we hold a constant desire to determine and discuss the exchange rates for the various GCR assets that we own in today’s fiat currency system.

When thinking about this further, one begins to quickly realize that trying to ascertain RV/GCR exchange rates in fiat currency terms simply makes no sense. Especially when we believe that the GCR will convert currencies to asset-backed valuations while leaving fiat currencies in the dust.

Also see: How I Understand the GCR Redemptions TIER Structure and Purpose

The most accurate method of considering exchange rates is not by interpreting them in fiat dollars, but instead through a mindset of what our resulting purchasing power will be after our exchange transactions.

Living a Lifetime of Fiat Currencies

Born into a world where the price of everything from your morning coffee to the cost of a home is thought of in fiat dollars, it’s easy to overlook how the value of those dollars changes over time.

From childhood allowances to our first paychecks and major investments, our financial milestones have been measured in a currency that exists only by government decree, not backed by anything real or tangible.

This fiat currency system, where dollars reign supreme, has sculpted our understanding of value, teaching us to gauge wealth and affordability in terms that change as frequently as the wind.

Yet, within this familiar framework, we’ve seldom paused to question the enduring strength of our fiat dollars, rarely considering that their buying power consistently diminishes over time.

Also see: An Objective Look at Potential Release Scenarios for a GCR

The concept of pricing everything—from daily bread to dream homes—in endlessly devaluing fiat dollars has been second nature, leaving us unprepared for thinking in terms of true purchasing power.

As we stand on the cusp of a monumental shift towards a gold-backed foreign currency, we are challenged to unlearn these ingrained financial reflexes and to understand that the rules of the game are changing.

No longer can we afford to think of currency value and exchange rates solely in the terms of the fiat system we know so well.

The introduction of a currency that is directly tied back to the tangible value of gold invites us to rethink not just financial security, but how we perceive the very foundation and measurement of prosperity.

We all hold various foreign currencies that are on a path towards achieving gold-backed purchasing power.

The exact process and steps getting us to the point of exchanging these currencies are unpredictable. They are also evolving and adapting to a rapidly changing geopolitical and economic landscape.

This pivotal change, pegging 1 currency unit to 1 ounce of gold (for example), promises to redefine the landscape of purchasing power and wealth preservation for its holders.

As this currency evolves from its fiat roots to a value firmly anchored in gold, understanding the implications regarding exchange rates vs. purchasing power is crucial.

The Fiat to RV/GCR Transition Explained

A gold-backed currency is directly tied to a tangible asset: gold. For a foreign currency soon to be backed by gold, each unit will equate to an ounce of gold (or perhaps grams, etc.).

Given gold’s current value at approximately $2,100 per ounce, the intrinsic worth of each unit of this currency will reflect the value of gold itself.

Also see: Calls for Gold-backed Dollar on the Rise Across USA

The value (purchasing power) of gold vs. fiat dollars is likely to be much higher that $2,100/oz. as the RV/GCR rolls out. I personally do not believe there will be a gold-backed US Dollar in place when the RV/GCR exchanges begin, but this is a topic for another article.

This shift from a fiat system, where currency value is dictated by government regulation and market perception, to a gold standard, where value is tangible and measurable, marks a significant departure in how we understand and utilize money.

For all of us holding this foreign currency, the transition to a gold-backed standard is a watershed moment.

With the transition to gold backing, each unit of the unit of the foreign currency now embodies a stable asset known for its resilience against inflation and centralized monetary policy manipulation.

An Example of Gold’s Enhanced Purchasing Power vs. Fiat Dollars

One of the most immediate impacts for holders is the enhanced purchasing power of their foreign currency backed by gold.

Let’s consider a practical example of purchasing a property valued at $1,000,000.

In 1971, the price of gold (measured in fiat dollars) was $40 per ounce.

At this rate, purchasing a property worth $1,000,000 would require 25,000 ounces of gold.

Fast forward to 2024, and the scene has dramatically changed: gold now stands at $2,100 per ounce.

This means the same $1,000,000 property can be bought for just 476 ounces of gold instead of 25,000 ounces.

In essence, the value of gold as a store of purchasing power has not changed, it is the fiat dollar that has substantially depreciated against one ounce of gold over time.

Also see: Peril of Fiat Currencies | A History Repeated

Moreover, if someone had the foresight to store away that same 25,000 ounces of gold back in 1971, this very same 25,000 ounces could purchase a property valued at $52,500,000 or 52 separate properties priced at $1,000,000 fiat dollars each.

This scenario isn’t just a financial fantasy; it underscores a crucial reality about value, purchasing power, and the nature of real money.

Fiat currency is not real money. Gold is.

The example of gold versus the fiat dollar since 1971 serves as a powerful lesson in purchasing power vs. price.

Also see: After 51 Years the Global Fiat Currency System is Due for a Grand Reset

However, when the RV/GCR occurs, the purchasing power of gold vs. fiat dollars will not happen over 50 years, it will happen very quickly.

While we are totally accustomed to thinking in fiat dollar terms—watching prices rise and attributing it to the cost of goods increasing—the real story is that fiat currencies constantly decrease in value.

Consequently, trying to determine what fiat dollar exchange rate one will receive within the RV/GCR is realistically a useless mental exercise.

Like monetary apples and oranges.

Gold, by contrast, is remarkably stable as a store of value. Its price in dollars may fluctuate, but its purchasing power—what it can buy in real terms—has significantly increased.

This divergence offers a critical perspective: what if we’ve been thinking about RV/GCR exchange rates all wrong?

The fiat dollar price doesn’t matter. It’s how much purchasing power will we have after our exchanges.

Exchange Rates and Wealth Preservation

The exchange rate between this new gold-backed currency and the US dollar will reflect not only the current value of gold but also the comparative strength of the dollar.

For holders, this means their currency is not just a medium of exchange but a significant store of purchasing power rooted in gold.

The shift towards a gold-backed currency presents a paradigm shift for holders of this foreign RV/GCR currency.

Also see: Real Money | Why Our Fiat Currency System is Ending

It represents a move towards stability, purchasing power, and a redefined approach to financial health.

We all stand at the forefront of a financial renaissance, armed with the enduring value of gold in an age of digital transactions and fiat currency debasement.

Understanding the full scope of this transition is essential for leveraging its potential to the fullest.

© GCR Real-Time News

Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
Join my Telegram Channel to comment and ask questions here: GCR_RealTimeNews
Follow me on Twitter: @Real_AwakeIn3D

https://ai3d.blog/how-to-accurately-think-about-our-rv-gcr-exchange-rates/

More News, Rumors and Opinions Monday PM 3-18-2024

TNT:

CandyKisses: A holiday in Iraq on the occasion of Nowruz

Shafaq News / The Iraqi government announced the suspension of official working hours in state institutions next Thursday on the occasion of Nowruz.

The General Secretariat of the Iraqi Council of Ministers said in a brief statement received by Shafaq News Agency that it was decided to disrupt official working hours next Thursday in all government ministries and institutions in conjunction with Spring Festival "Nowruz".

The Kurdistan Regional Government, also on the occasion of Nowruz, decided to suspend official working hours on Tuesday, Wednesday and Thursday.

Tishwash:  Economists: Citizens still prefer cash transactions over electronic transactions

Economic affairs specialists criticized the lack of infrastructure for electronic payment services in many departments and institutions, and confirmed that most citizens still prefer cash transactions over electronic transactions.

Economist Manaf Al-Sayegh told Al-Sabah: Electronic payment is a globally recognized technology that can be used without the need to carry paper money or coins, as the world today no longer needs paper payment or the use of coins, so we find it approved through the use mechanism. A credit card that enables its holder to pay anywhere.

He added that the need arises today for all financial operations to be transformed according to a banking system that adopts the principles of automation and dealing with electronic payment (MasterCard) or (Credit Card), as it facilitates banking operations and transfers and gives an element of speed in financial performance, pointing out that there is a value that is sometimes imperceptible. But the quality of the system in financial transactions between customers and the lack of difficulty, whether at the level of individuals or companies, give these advantages value for dealing according to the automation system.

Al-Sayegh pointed out that most institutions and companies currently deal according to the electronic payment system, and even malls and stores with limited capital deal according to this system for the purpose of financial facilities and raising performance, adding that there are some obstacles, including the lack of infrastructure in many departments and stations for this service, stressing. There is a need to prepare these systems by the Ministry of Finance and the Central Bank, as the country was late in introducing this service, which has been used in most countries for decades, especially the card service through mobile phones.

He noted the necessity of disseminating payment points (POS) in their modern form to obtain the best service in multiple places, and obligating all departments, institutions, and
shops to use them to benefit everyone.

He stressed that dealing with electronic payment enables controlling transfers and not taking the currency anywhere without the knowledge of the state, so it can be used as a security element to prevent currency leakage.

In turn, Imad Al-Mohammadawi, who is interested in economic affairs, called during his speech to “Al-Sabah” for the necessity of spreading the culture of electronic payment among the segments of society, pointing out that most citizens prefer cash transactions over electronic transactions because they have become accustomed to this method, believing that it is better.

Al-Muhammadawi pointed out the necessity of encouraging, supporting and facilitating dealing according to this new mechanism for citizens with the aim of attracting many customers according to this method, which is considered universal and one of the approved methods in all aspects of life, because of the safety it brings in not carrying lumps of cash in daily transactions.

It is noteworthy that the Deputy Governor of the Central Bank, Ammar Khalaf, explained in the first Iraqi Digital Economy Forum that “the digital financial transformation began with the localization of employees’ salaries and the opening of bank accounts, the primary purpose of which was the use of electronic payment in daily transactions, whether inside or outside the country,” and he pointed out that “some The ministries responded quickly to the directives of the Central Bank and the government, especially the Ministry of Oil by making collections at gas stations and others done electronically, as well as the Passports Directorate, which required that payment be electronic, in addition to the General Traffic Directorate and other ministries. link

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

Walkingstick  Iraq is indeed ready but the USA still has multiple conditions for release in the region which are presently being satisfied.  We are getting to the end of the game which could monetarily finish as Iraq is going public to force a potential release.  It is any minute, any second time frame.

Mnt Goat   So according to Shafaq News/ The Parliamentary Finance Committee discussed, on Thursday, with the Central Bank of Iraq, the monetary policy and banking system in the country and ways to increase the value of the Iraqi dinar. I quote from the article – “to ​​discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.” Folks I don’t know about you but this article was WOW!

Need the budget 2024

Nadeer:  318-2024

https://www.youtube.com/watch?v=I6MnlWjf5c8

BRICS Blockchain will Swiftly Replace the US dollar

Trip Bitten:  3-14-2024

Russia just announced the creation of blockchain-based payment system in BRICS. This new system will help BRICS nations bypass SWIFT and help create a new trading currency.

 I talked about this in the past and now we are seeing the BRICS take action. I think it will be built out over the next few years and will provide many nations with another option for international trade and payments.

https://www.youtube.com/watch?v=CTd_w9fW7Y8

Goldilocks' Comments and Global Economic News Monday Evening 3-18-24

Subject: Goldilocks' Comments and Global Economic News Monday Evening 3-18-24

Good evening Dinar Recaps,

"BRICS Nations, Russia, and China, have joined forces to teach the US dollar an important lesson in International Markets."

This is a year that can be characterized as a "refactoring process" for the new Quantum Financial System. New codes inside Quantum Technologies are and have been in the process of being rewritten to determine trading percentages through artificial intelligence. Russia and China have joined forces in supporting new laws to govern these changes, and China is providing the Yuan for many of these purchasing transactions on their new digital payment system.

New local currencies being utilized instead of the dollar in trade necessitates many of the new changes taking place to level the playing field among countries who will now have new price pressures on their National currencies to demand shifts in pricing.

The new BRICS currency payment system will lessen the use of the dollar and bring forth more demand for currencies in the East. These demands will require currency rate changes.

As we get closer to the next BRICS summit, this is going to be a topic of interest for the conference. Each country that joins the BRICS Nations are expected to have a commodity-based backing for their currency giving real values to their Quantum Technological Mechanisms that will move their money.

New protocols will be written into the banking/trading system of the East that will scale on their new payment system in transactional trades between countries inside the QFS. CryptoDNES  Spiceworks

© Goldilocks

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"We are optimizing each step of the inbound tourism process, streamlining procedures ranging from visa applications to flight arrangements, hotel check-ins, shopping, and sightseeing," said Sun Yeli at the end of the 2nd session of the 14th National People's Congress in Beijing."

China is in the process of "refactoring" new codes into their payment system that will align with their own National Currency instead of the Dollar.

Is important to note that this is taking place in several countries around the world especially those joining the BRICS Nations.

The movement from a US dollar focus to a local currency focus is changing the way many of these countries live and pay for their goods and services.   TV Brics   NOEMA Mag

© Goldilocks

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New price changes across an entire Financial System require new codes to be written into the system that emphasize local currency dominance going forward demands monetary policy changes.

This is why we are witnessing several countries move into a free-floating rate exchange system whereby supply and demand determine their new currency values going forward.

Morocco and Egypt are two of many countries moving to a free-floating regimen in their currency payment systems. These shifts represent an alignment to, and for, a new Global Monetary System.

The new Monetary System is backed by gold and other commodities with new codes being written into these Quantum Mechanisms that will begin forming new price correlations on the markets.

For instance, new interest rates will be based on local currency values instead of the dollar going forward. Gold held by each country as a reserve asset will minimize many of these variations on the market to stabilize Global Economies.

This is an event that has been years in the making. And, this year marks the time and place for many of these transitions to begin. Some economies will be able to motorbize these new changes quicker than others, and it is important for us to watch as these new price formations begin to form on the markets.

© Goldilocks
Atalayar
Middle East Monitor
XM

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The changes we have been speaking about this morning will no doubt change Market behavioral patterns. Volatility is expected as we shift into new Technological Mechanisms that will guide our Global Economy forward.

Jerome Powell will be addressing many of these changes on Wednesday. It is important that we pay close attention to his words and wording on many of the new monetary shifts that will be taking place the rest of this year.

© Goldilocks

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XRP Trading Announcement:

XRP Trading Start on Exchange Registered with U.S. Treasury Department.

Atlantis Exchange Listing XRP.

In a recent post on X, Atlantis Exchange disclosed that it included XRP among its list of supported cryptocurrencies. Specifically, XRP commenced trading on the platform on March 17 at 5:00 AM UTC, with the trading pair USDB.

Besides listing XRP, Atlantis Exchange has issued a daring projection for XRP’s value. In particular, the platform asserted that users could witness a 100-fold value increase amid its list of XRP, urging them not to “miss out.”

At the same time, Atlantis Exchange highlighted that XRP is a crypto asset that facilitates cross-border payments. Also, it pointed out that XRP is the native currency within XRPL, a decentralized, open-source blockchain technology capable of settling transactions within a remarkable timeframe of 3-5 seconds.

Brief Summary from Goldilocks:

XRP is the only coin with clear legal status in the US. Just last year, the court declared XRP as a non-Security last year.

XRP has been listed as a Stablecoin, but it's most frequent use going forward will be that of a liquidity coin. XRP began trading with this new peg just last week.

The USDB is pegged to XRP (see above announcement). This has allowed XRP trading to start on the Atlantis Exchange and be registered with the U.S. Treasury Department.

This will allow XRP to be traded on banking and trading platforms here in the United States and in countries abroad. It will give us the ability to form bilateral trade relationships inside the new digital asset-based trading system.   Crypto News   The Crypto Basic.

© Goldilocks

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What is a Customs Bond? A legal contract, usually issued through a licensed Customs broker, between an importer, a Surety company and US Customs and Border Protection (CBP) that guarantees that the importer complies with Customs regulations.   UPS

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What's happening now in markets:
▼ Dow Futures 39,149.00 (-0.01%)
▲ S&P 500 Futures 5,208.00 (+0.49%)
▲ NASDAQ Futures 18,217.00 (+0.87%)
▼ 10 Year 4.304%
▲ Gold $2,163.90 (0.00%)
▲ WTI Crude Oil $81.58 (+0.01%)
▼ Bitcoin $68,170.00 (-0.26%)
Fear & Greed Index
Greed is driving the US market
MARKET DATA AS OF 7:19 AM ET

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The global chocolate industry is facing its worst crisis since Johnny Depp played Willy Wonka. Demand for chocolate is vastly outweighing the available cocoa supply, leading to skyrocketing cocoa prices that will inevitably make chocolate treats more expensive in supermarkets around the world.

* The Morning Brew

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Who’s on the Hook for Multifamily CRE Mortgages? #1 Taxpayers, far ahead of #2 Banks | Wolf Street

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Stellar Light

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