Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Late Thursday Evening 3-21-24

Iraqi Dinar Today Video Updates Late Thursday Evening 3-21-24

Its Massive  Wells Fargo Set on Screens New Exchange Rate $4 25 – 4:34

Congratulations New Rate $4.25 Done Now Finally- - 4:53

See the big news US Treasury & Federal Reserve Bank – 2:21

Good News New Rate $4.25 Display on Bank screen – 4:40

Iraqi Dinar Today Video Updates Late Thursday Evening 3-21-24

Its Massive  Wells Fargo Set on Screens New Exchange Rate $4 25 – 4:34

Congratulations New Rate $4.25 Done Now Finally- - 4:53

See the big news US Treasury & Federal Reserve Bank – 2:21

Good News New Rate $4.25 Display on Bank screen – 4:40

 Its Massive  Wells Fargo Set on Screens New Exchange Rate $4 25 – 4:34

https://www.youtube.com/watch?v=yzqN8ad0ZV4

Congratulations New Rate $4.25 Done Now Finally- - 4:53

https://www.youtube.com/watch?v=54rBJPc5exM

See the big news US Treasury & Federal Reserve Bank – 2:21

https://www.youtube.com/watch?v=DTpe2hjeKtY

Good News .New Rate $4.25 Display on Bank screen – 4:40`

https://www.youtube.com/watch?v=uaNAb06Ku4o

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Video Update Late Thursday Evening 3-21-24

Iraqi Dinar Video Update Late Thursday Evening 3-21-24

Iraqi Dinar Live Exchange Rate Today 2024 – 4:13

US Federal Bank Revealed New Rate – 3:02

Iraqi Dinar Flunctuatin Exchange Rate – 3:14

CBI Hints For IQD Revaluation Final Date – 3:03

Iraqi Dinar Video Update Late Thursday Evening 3-21-24

Iraqi Dinar Live Exchange Rate Today 2024 – 4:13

US Federal Bank Revealed New Rate – 3:02

Iraqi Dinar Flunctuatin Exchange Rate – 3:14

CBI Hints For IQD Revaluation Final Date – 3  ;03

 

Iraqi Dinar Live Exchange Rate Today 2024 – 4:13

https://www.youtube.com/watch?v=w46oL9VJsQA

US Federal Bank Revealed New Rate – 3:02

https://www.youtube.com/watch?v=0cSFR_YTARc

Iraqi Dinar Flunctuatin Exchange Rate – 3:14

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

CBI Hints For IQD Revaluation Final Date – 3:03

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

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Currency Insider Iraqi Dinar – Dong Late Thursday Evening 3-21-24

Currency Insider Iraqi Dinar – Dong Late Thursday Evening 3-21-24

Iraqi dinar big development by Sudani – 2:36

Iraqi dinar reinstatement finally – 1:54

Iraqi dinar rate after WTO massive Announcement – 2:33

Currency Insider Iraqi Dinar – Dong Late Thursday Evening 3-21-24

Iraqi dinar big development by Sudani – 2:36

Iraqi dinar reinstatement finally – 1:54

Iraqi dinar rate after WTO massive Announcement – 2:33

 Iraqi dinar big development by Sudani 2:36

https://www.youtube.com/watch?v=MxZbGE_Git8

Iraqi dinar reinstatement finally – 1:54

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

Iraqi dinar rate after WTO massive Announcement 2:33

https://www.youtube.com/watch?v=gCwMY2yI4jc

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

Evening News with MarkZ and Dr. Scott Young. 03/21/2024

Thursday Evening News with MarkZ

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

Evening News with MarkZ and Dr. Scott Young. 03/21/2024

Member: As Wimpy from Popeye would say. I would gladly pay you Tuesday for a hamburger (RV) today

Member: Mark, Let’s get this thing done this weekend!

MZ: That would be nice. There are some interesting people doing some traveling –that’s for certain. Maybe it could be this weekend. There are some interesting whales being pushed, pulled and moved suddenly

Thursday Evening News with MarkZ

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

Evening News with MarkZ and Dr. Scott Young. 03/21/2024

Member: As Wimpy from Popeye would say. I would gladly pay you Tuesday for a hamburger (RV) today

Member: Mark, Let’s get this thing done this weekend!

MZ: That would be nice. There are some interesting people doing some traveling –that’s for certain. Maybe it could be this weekend. There are some interesting whales being pushed, pulled and moved suddenly

MZ: I cannot tell you which ones and where-for security reasons…But it is exciting. I am not the only person hearing this.

MZ: We did have a key signatory in Reno over the weekend. I got a verification on that today. .

Member: Wells Fargo branch in burbs of Milwaukee - more busy than usual. Was greeted by DIST Mgr who was very respectful & gave me bus card for Premium Private Banker (wasn’t in today). Told to call Mon!!!

Member: Thank you, Mark and Dr. Young. Thank you, Mods! Have a great evening Everyone!

Dr. Scott joins the stream today. Please listen to the full replay for all his information and opinions.

​​“THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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!

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

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Currency Insider Iraqi Dinar - Dong Thursday Afternoon 3-21-24

Currency Insider Iraqi Dinar - Dong Thursday Afternoon 3-21-24

Iraqi dinar It’s time to big cash – 2:28

Iraqi dinar big thing happening tonight – 2;36

Iraqi dinar finally knew rate came out $4.26 – 3:45

Currency Insider Iraqi Dinar - Dong Thursday Afternoon 3-21-24

Iraqi dinar It’s time to big cash – 2:28

Iraqi dinar big thing happening tonight – 2;36

Iraqi dinar finally knew rate came out $4.26 – 3:45

 Iraqi dinar It’s time to big cash – 2:28

https://www.youtube.com/watch?v=Udpkv8P9U6o

Iraqi dinar big thing happening tonight – 2:36

https://www.youtube.com/watch?v=G3pRyi926DE&t=50s

Iraqi dinar finally knew rate came out $4.26  - 3:45

https://www.youtube.com/watch?v=QbWj0R6sE4Q&t=4s

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Goldilocks' Comments and Global Economic News Thursday Evening 3-21-24

Goldilocks' Comments and Global Economic News Thursday Evening 3-21-24

Good Evening Dinar Recaps

European Blockchain Announcement:

"We are thrilled to share the news that Dusk has entered into an official agreement with NPEX, marking the launch of Europe’s first blockchain-powered security exchange to issue, trade, and tokenize regulated financial instruments. Such a unique commercial partnership between a regulated financial entity and distributed ledger technology (DLT) is a significant achievement for both Dusk and the broader cryptocurrency sector. It establishes a foundational step towards achieving our goal of making real-world assets accessible on-chain for everyone."

Here comes real-world assets onto a blockchain utilizing Decentralized Ledger Technology regulated and secured through a partnership between Dusk and NPEX. It is a movement beyond Bitcoin ETF to Traditional ETFs.

Goldilocks' Comments and Global Economic News Thursday Evening 3-21-24

Good Evening Dinar Recaps

European Blockchain Announcement:

"We are thrilled to share the news that Dusk has entered into an official agreement with NPEX, marking the launch of Europe’s first blockchain-powered security exchange to issue, trade, and tokenize regulated financial instruments. Such a unique commercial partnership between a regulated financial entity and distributed ledger technology (DLT) is a significant achievement for both Dusk and the broader cryptocurrency sector. It establishes a foundational step towards achieving our goal of making real-world assets accessible on-chain for everyone."

Here comes real-world assets onto a blockchain utilizing Decentralized Ledger Technology regulated and secured through a partnership between Dusk and NPEX. It is a movement beyond Bitcoin ETF to Traditional ETFs.

It is an exchange where stockbrokers and traders can buy and sell securities, such as stocks, bonds and other financial instruments.

This new blockchain is regulated and designed to move tokenized assets across all sectors of the market inside the new digital asset-based trading system.  Venture Beat   Dusk Network

© Goldilocks
~~~~~~~~~~

For over 15 years, Bitcoin has been a highly speculative digital asset. A speculative asset moves primarily with the emotions of the people who decide to buy assets such as these inside a non traditional banking system.

Bitcoin and other cryptocurrencies are currently being regulated, and they are being incorporated into the new digital market system.

This is a movement from speculation to utility case scenarios. Utility case assets such as electricity, gas, and other use case scenarios supports an economies' infrastructure.

This gives validity and purpose to virtual currencies creating solid opportunities inside a supply and demand market. For these reasons, cryptocurrencies are essentially an idea whose time has come.

© Goldilocks
Stealth EX
Investopedia 1Investopedia 1

Investopedia 1Investopedia 2
~~~~~~~~~~

Stablecoin Bill Announcement:

Both Rep. Patrick McHenry and Sen. Cynthia Lummis said there's a potential path for a stablecoin bill on Congress this year, though they couldn't say when it could happen.


The U.S. Senate has been trailing on the stablecoin issue, without any committee work yet on a bill.

U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a scheduled floor vote.   CoinDesk

~~~~~~~~~~

OCC Symposium on the Tokenization of Real-World Assets and Liabilities | YouTube

~~~~~~~~~~

The Bitcoin Halving Really Is Different This Time | CoinDesk
~~~~~~~~~~

Federal Reserve Board - Federal Reserve issues FOMC statement | Federal Reserve

~~~~~~~~~~

Financial Review - Business, Finance and Investment News | afr.com 
~~~~~~~~~~

Shocking Clip From 1929 That They DON'T Want YOU To See | Youtube Shorts

~~~~~~~~~~

👆 Not saying this is going to happen to us, but it is a good reminder that holding good assets such as foreign currency, gold, silver, digital assets are important.
No one knows how this will end, it's just good to be prepared.

~~~~~~~~~~

ZURICH, March 21 (Reuters) - "The Swiss National Bank cut its main interest rate by 25 basis points to 1.50% on Thursday, a surprise move which made it the first major central bank to dial back tighter monetary policy aimed at tackling inflation."  

In a surprise move, the Swiss Central Bank cuts rates. This puts them ahead of their Global peers in tackling inflation. Monetary policy changes that impact national interest rates changes the value of that country's currency.

Here is what we can expect. This will cause other countries to do the same. It will cause more inflation and bring more money into the markets, so governments can buy their debts. Currency values will shift to a point of needing a reset along with gold and digital assets already beginning to formulate new price pressures.

Do you remember about 2 years ago when I shared with you that gold and the dollar would rise together in the end game? This is how that happens. The system will break, and gold will fix it.

Gold will also become the bridge into the new digital economy backed by gold. We are in the final stretch.  Reuters

© Goldilocks

~~~~~~~~~~

Gold is one of many assets that can be considered a National Treasure.

© Goldilocks 😉


2023 Preakness Stakes overhead cam: Watch National Treasure win |  YouTube

~~~~~~~~~~

"The naira has shown signs of strengthening in the official foreign exchange (FX) market, currently quoted at N1,560.57 to the dollar.

This improvement reflects a 0.79 percent appreciation from the previous day’s rate of N1,572.86 at the Nigerian Autonomous Foreign Exchange Market (NAFEM), highlighting the impact of recent FX reforms."

We talked about this a week ago. The Naira currency in Nigeria going to a supply and demand regimen for their currency. Decoupling from the dollar and moving to a free-floating rate is the path they have chosen for their Forex Reforms.

Their new connections to the BRICS system will create even more demand for their oil and other commodities. It is why we are seeing currency value changes for that country begin to follow the market and not a dollar regimen.   Naija News

© Goldilocks

~~~~~~~~~~

Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence - The New York Times

~~~~~~~~~~

(Kitco News) – High prices are choking India’s consumer gold demand even as imports, ETF inflows and central bank purchases surge, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC). 

~~~~~~~~~~

The heads of the House and Senate appropriations committees dropped the last massive funding package of the current spending cycle early Thursday morning, finally teeing up an end to the long-delayed spending fight. 

The roughly $1.2 trillion package includes funding for six agencies, the Pentagon, Department of Homeland Security, State and Foreign Operations, Legislative Branch and Services, Financial Services, and Labor. Those agencies constitute the lion share of government funding, or about 70% of Congress’ constitutionally obligated funding responsibilities.

Congress has until Friday at midnight to vote on the package to avert a partial government shutdown.  
Washington Times

~~~~~~~~~~

Don't be surprised if you don't see a lot of volatility going forward in the Commodity Market. A lot of buying and selling goes on to pay off debts during times like these. I would encourage you to be careful because market trends do not apply during times of war and monetary crisis. Another reason why it will be reset in the end.
© Goldilocks

~~~~~~~~~~

XRP AMM PUMP *LIVE* | YouTube

~~~~~~~~~~

US Lawmakers believe crypto regulation could become law by Election Day | Substack
~~~~~~~~~~

Tokenized movement will be worth trillions — Sweat Economy co-founder | Cointelegraph

~~~~~~~~~~

XRP News Today: SEC’s Appeal Plans Loom Over XRP Amid Fed Relief | Nasdaq | FX Empire

~~~~~~~~~~

Follow Goldilocks' Roadmap

Follow Goldilocks' Timeline

Goldilocks' Telegram Room

Q & A Telegram Room

Goldilocks on the Seeds of Wisdom Team™ Website

Subscribe to Newsletter

Thank you Dinar Recaps

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The 7 Most Common Financial Regrets and How to Avoid Them

The 7 Most Common Financial Regrets and How to Avoid Them

MTN Staff • February 28, 2024

We all make money mistakes. But keep them to a minimum by learning from the regrets of those who came before you.

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend.

We all have financial regrets. Whether it’s not investing in that successful stock or splurging on a luxury item you didn’t need and couldn’t afford, money mistakes can leave us feeling guilty and frustrated.

But don’t beat yourself up. By exploring the regrets of those who have come before, you’ll avoid making the same mistakes and achieve your financial goals faster.

The 7 Most Common Financial Regrets and How to Avoid Them

MTN Staff • February 28, 2024

We all make money mistakes. But keep them to a minimum by learning from the regrets of those who came before you.

Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend.

We all have financial regrets. Whether it’s not investing in that successful stock or splurging on a luxury item you didn’t need and couldn’t afford, money mistakes can leave us feeling guilty and frustrated.

But don’t beat yourself up. By exploring the regrets of those who have come before, you’ll avoid making the same mistakes and achieve your financial goals faster.

Following are some of the most common financial regrets, along with potential solutions that will help you avoid them. Not all will apply to you, but some will, so be sure and read the entire list.

1. “I Should’ve Saved More For Retirement”

Having a nest egg big enough to support you through your retirement means saving as much as possible for as long as possible. But it’s also critical to make sure that money is working as hard for you as you did for it.

The best way to do that? Working with an investment and planning professional who can help you grow your wealth.

A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you manage it yourself but more than $3.4 million if you work with a financial advisor. That’s twice as much! It’s life-changing.

The key is finding the right professional with your best interests at heart. In the past, this wasn’t easy. However, these days, some tools can make a difference.

If you have $150,000 or more in investable assets, Zoe Financial can connect you with rigorously vetted financial advisors. Zoe only works with unbiased fiduciary advisors who will act in your best interest and offer white-glove service. Best of all, finding an advisor through Zoe is complementary; schedule as many initial consultations as you’d like for free.

It only takes a couple of minutes to get personalized advisor matches. Why not click here and check it out right now?

Please carefully review the methodologies employed in the Vanguard white paper, “Putting a value on your value: Quantifying Vanguard Advisor’s Alpha.”

2. “I Should’ve Bought Long-Term Care Insurance”

Here’s hoping your retirement years are active, healthy and vibrant, and that you’re able to function as you always have, right up until the time you shuffle off this mortal coil.

But don’t bet on it. According to the U.S. Department of Health and Human Services, 7 in 10 people who turn 65 today will probably need some kind of long-term care.

To Read More Go to Original Article Here:

https://www.moneytalksnews.com/fast-ways-to-grow-your-nest-egg/

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

More News, Rumors and Opinions Thursday PM 3-21-2024

TNT:

Tishwash:  The President of Vietnam resigns after a year in office

 Vietnam's President, Vo Van Thiong, has resigned after serving nearly a year in office, according to a statement issued Wednesday by the Communist Party.

The Philippine president's resignation came in the midst of an intense anti-corruption campaign that affected the highest levels of the party.

The Vietnam News Agency said Thiong was guilty of "violations and shortcomings" and the party's Central Committee accepted his resignation.

The news agency added that Thiong violated unspecified “regulations” and “failed to set an example as head of state.”

TNT:

Tishwash:  The President of Vietnam resigns after a year in office

 Vietnam's President, Vo Van Thiong, has resigned after serving nearly a year in office, according to a statement issued Wednesday by the Communist Party.

The Philippine president's resignation came in the midst of an intense anti-corruption campaign that affected the highest levels of the party.

The Vietnam News Agency said Thiong was guilty of "violations and shortcomings" and the party's Central Committee accepted his resignation.

The news agency added that Thiong violated unspecified “regulations” and “failed to set an example as head of state.”

She revealed that "Comrade Vo Van Thiong's violations and negligence had a bad impact on public opinion, affecting the reputation of the party and the state and his reputation."

She continued, "Aware of his responsibility towards the party, the state, and the people, he submitted his resignation from his positions."

The 53-year-old official's resignation comes as Vietnam is witnessing major political unrest, which also forced his predecessor to step down in an anti-corruption campaign that saw the dismissal of many ministers and the prosecution of major businessmen on charges of "fraud."

Thiong became president on March 2 last year after President Nguyen Xuan Phuc resigned, in an unusual surprise move in Vietnam, where political changes have long been carefully coordinated, with an emphasis on stability.

Before Fuc, only one other Communist Party leader had stepped down, and that was for health reasons

The position of president in Vietnam is largely ceremonial. The president ranks third in the country's political hierarchy.

While the president leads the country, he views the party's Secretary-General, Nguyen Phu Trong, as the real power holder   link

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

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

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:  Bank friend...when we do the 1.32 and $0.76... FRANK: WHEN we do it You don't want to deny it?  FIREFLY:  ...we have to do the smaller notes and then they have to have a little bit of time to adjust...before any reinstatement.  This should be maybe within two weeks.  Then everyone can see this roll in reinstatement.  FRANK:  Wow, wow, wow, wow.  This is amazing...

Walkingstick  If the example of $4.25 is the float then it will be maintained...The CBI will not allow the cap rate to decrease within a certain percentage.  This percentage is normally within a plus or minus 5%...It will stay within that general vicinity.  That will bring the security and demand of the Iraqi dinar internationally even stronger.

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

KTFA:

Clare: Adviser to the Prime Minister: The decline of the dollar is an indicator of the strength of the dinar and a tangible success of economic policy

3/21/2024

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed the strength of the dinar against the dinar after a relative decline in the exchange rate.

Saleh told {Al-Furat News} agency, “We indicate the strength of the Iraqi dinar, expressed in the decline in the parallel market rates of exchange in favor of the official exchange rate, a tangible success in the cohesion of the country’s economic policy in its three aspects: monetary, financial, and commercial, in providing a coherent climate of stability in the general level of prices.” And containing seasonal price fluctuations for high-demand items, specifically providing basic food commodities that have low price elasticities of demand because they are necessary commodities associated with consumption and daily living.”

He noted "the importance and speed of customs procedures, which were represented by (reducing customs tariffs and diversifying imports without quantitative limits for necessary goods) as part of the performance of the financial policy in supporting price stability and ensuring the supply of food and essential goods and production supplies at the official exchange rate and in accordance with the requirements of the national economy."

The Parliamentary Finance Committee had expected a continued decline in dollar prices as the results of the measures taken by the Central Bank of Iraq to limit the rise in the foreign currency began to appear.

The dollar exchange rate a few days ago was about 1,500 or 1,490 thousand dinars to the dollar.

From.. Raghad Dahham LINK

Salah talking exchange rates Iqd

Nader:  3-21-2024

https://www.youtube.com/watch?v=m84Py-xDxPo

NO ESCAPE: Japan Does The Unthinkable, Currency STILL Collapses, Exports Face Major Risks

Sean Foo:  3-20-2024

The Bank of Japan just made a historic pivot ending 17 years of negative interest rates. However, instead of the Yen strengthening, it collapsed even further, feeding into higher inflation. Japan's economy is still weak and its debt situation is going to make it near impossible to hike much higher. Here's why Japan is caught in economic stagnation.

Timestamps & Chapters:

 0:00 Japan Ends Negative Rates

 3:09 Will This Crash The Global Economy?

6:05 Japan Is Trapped

9:07 The Big Export Collapse Risk

12:03 More Losers Than Winners

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

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Gold or Bitcoin: Which Will Survive the Imminent Fiat Currency Apocalypse? : Awake-In-3D

Gold or Bitcoin: Which Will Survive the Imminent Fiat Currency Apocalypse?

On March 19, 2024 By Awake-In-3D

In CBDCs and Digital Finance, Fiat Debt System Collapse

When Monetary Titans Collide in the Creation of a Superior Monetary System

WHAT’S IN THIS ARTICLE:

  • Bitcoin’s historic value milestone compared to gold.

  • The intriguing battle for dominance between gold and Bitcoin.

  • Predictions on the fall of fiat currency and rise of hard assets.

  • The revolutionary potential of a gold-backed digital currency: Golden Bitcoin.

Two superior assets stand tall in their quest for dominance: gold, the ancient standard of value, and Bitcoin, the preeminent digital disruptor.

Gold or Bitcoin: Which Will Survive the Imminent Fiat Currency Apocalypse?

On March 19, 2024 By Awake-In-3D

In CBDCs and Digital Finance, Fiat Debt System Collapse

When Monetary Titans Collide in the Creation of a Superior Monetary System

WHAT’S IN THIS ARTICLE:

  • Bitcoin’s historic value milestone compared to gold.

  • The intriguing battle for dominance between gold and Bitcoin.

  • Predictions on the fall of fiat currency and rise of hard assets.

  • The revolutionary potential of a gold-backed digital currency: Golden Bitcoin.

Two superior assets stand tall in their quest for dominance: gold, the ancient standard of value, and Bitcoin, the preeminent digital disruptor.

In April 2017, Bitcoin reached a monumental milestone, achieving parity with gold, and it has since soared to require over 30 ounces of gold to buy a single Bitcoin.

This signals not just a shift, but a revolution in how we perceive value.

A Tale of Two Competing Assets

Gold and Bitcoin’s journey from obscurity to prominence is a tale as old as time, yet as new as the technology that powers Bitcoin.

With Bitcoin’s market cap escalating by over $883 billion last year alone, and annual gold production valued at about $254 billion (approximately 118 million ounces per year), the scale of Bitcoin’s ascent is not just impressive; it’s historic.

Yet gold’s centuries-tested store of value, as a tangible asset you can hold in your hand, offers a competitive advantage that cannot be ignored.

What Is Money, Anyway?

Money, in its essence, is a medium for storing and exchanging value.

Contrary to the convoluted theories peddled by academia and media, understanding money is straightforward. It’s something that retains value over time and space.

Today, we find ourselves at a critical crossroads where fiat currency, gold, and Bitcoin vie for the title of the best vehicle for preserving and exchanging value.

The Fall of Fiat and the Rise of Hard Assets

As we anticipate the imminent extinction of fiat currencies, the question isn’t if, but when.

With an estimated $96 trillion stored in global fiat currencies, the colossal shift towards more stable store-of-value assets like gold and Bitcoin is inevitable.

This shift heralds a new era, one where the reliance on tangible and digital assets becomes paramount as the fiat system crumbles.

Evaluating the Contenders for a Future Currency

The competition between gold and Bitcoin is fierce. Gold, with its millennia-long history as a reliable store of value, faces off against Bitcoin, a digital currency that offers unparalleled security and growth potential.

This battle isn’t just about which asset performs better; it’s about redefining what we consider money. With Bitcoin’s market cap experiencing a more than threefold increase over the value of global gold production last year, the stakes have never been higher.

The Ultimate Showdown: Gold vs. Bitcoin’s Future

Predicting the victor in the gold versus Bitcoin debate is a challenge, filled with variables and uncertainties.

However, the implications of either asset becoming the dominant form of money are profound.

If Bitcoin outshines gold, it could fundamentally alter the global economic landscape, catapulting Bitcoin to a position of unrivaled financial dominance.

Market Dynamics and the Path Forward

The alignment of market forces indicates a potential surge in Bitcoin’s value.

With Bitcoin’s market cap already roughly equivalent to 9% of gold’s $14 trillion market cap, a tenfold increase in Bitcoin’s value could position it on par with gold.

This isn’t just speculation; it’s a possibility grounded in Bitcoin’s history of exponential growth and the increasing interest from corporations, investors, and nation-states.

Free Market Decides: The Best Money Wins

In the end, the free market will crown the ultimate form of money. Through trillions of transactions and the collective decision-making of billions of people, the superior asset, whether it be gold or Bitcoin, will emerge.

This isn’t just about financial gains; it’s about setting the stage for a future where the best money facilitates global economic stability and growth.

But What About A Gold-backed Bitcoin Hybrid?

Now imagine the emergence of a new monetary asset that seamlessly blends the enduring value of gold with the cutting-edge potential of Bitcoin.

This hybrid asset, let’s call it Golden Bitcoin, represents a revolutionary step forward, uniting the best monetary attributes of both physical gold and Bitcoin into a singular form of money.

The Stability of Gold Meets Digital Innovation

At its heart, Golden Bitcoin proposes a revolutionary concept: each unit of this digital currency is backed by a specific amount of physical gold.

This backing ensures that Golden Bitcoin inherits gold’s tangible value and historical reliability as a store of wealth, addressing one of the primary criticisms of cryptocurrencies—their volatility and lack of intrinsic value.

By anchoring itself in gold, Golden Bitcoin offers a stable and trustworthy foundation, appealing to those wary of the often turbulent crypto markets.

The Best of Both Worlds: Currency Security and Portability

Golden Bitcoin capitalizes on gold’s reputation as a safe haven asset while embracing the technological advantages of Bitcoin.

This combination ensures unparalleled security, leveraging blockchain technology to provide a tamper-proof and transparent record of ownership, free from the manipulation risks associated with traditional fiat currencies.

Moreover, Golden Bitcoin inherits Bitcoin’s portability and divisibility, enabling seamless global transactions without the physical limitations of transporting gold.

This hybrid asset thus promises a level of convenience and efficiency that neither gold nor traditional Bitcoin can offer on their own.

A New Era of Monetary Sovereignty

The creation of Golden Bitcoin symbolizes a significant leap towards monetary sovereignty for individuals.

By melding gold’s historical significance as money with Bitcoin’s digital autonomy, Golden Bitcoin empowers users with unparalleled control over their wealth.

This new form of money is not only resistant to inflation and devaluation by governments but also enables direct, peer-to-peer transactions across borders, bypassing the need for intermediaries and reducing transaction costs.

Financial Inclusion and Stability: No Bank Account Required

The advent of Golden Bitcoin has the potential to catalyze a new era of financial inclusion and stability.

By providing a digital currency that is both easy to transact with and fundamentally backed by a universally recognized store of value, Golden Bitcoin can bridge the gap between traditional banking systems and the digital economy.

This inclusivity could bring financial services without the need for bank accounts worldwide, offering them a stable and accessible form of money.

Contributing article: https://internationalman.com/articles/gold-vs-bitcoin-the-ultimate-competition-to-be-the-worlds-best-money/

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Iraq Economic News and Points to Ponder Thursday Afternoon 3-21-24

Iraq Economic News and Points to Ponder Thursday Afternoon 3-21-24

Tlm724 Administrator Bondlady’s Corner

Iraq joins the World Federation of Free Economic Zones (FEMOZA). 

Economy     Iraq     Join     World Federation     For free economic zones

2024-03-21 00:24   Shafaq News/ The Industrial Estates Authority, one of the formations of the Iraqi Ministry of Industry and Minerals, announced on Thursday its joining the World Federation of Free Economic Zones (FEMOZA) in cooperation with the United Nations Industrial Development Organization (UNIDO).

The Director General of the Authority, Hamid Awad Muhammad, explained in a statement that

the Authority is a vital entity charged with advancing industrial cities and their prosperity throughout Iraq, indicating that the

joining came due to the importance of international partnerships in achieving the objectives of the Authority in light of economic changes and the movement of markets, shipping lines, and global land and railway transport, and in order to Interact with it professionally, taking advantage of Iraq's strategic geographical location.

Iraq Economic News and Points to Ponder Thursday Afternoon 3-21-24

Tlm724 Administrator Bondlady’s Corner

Iraq joins the World Federation of Free Economic Zones (FEMOZA). 

Economy     Iraq     Join     World Federation     For free economic zones

2024-03-21 00:24   Shafaq News/ The Industrial Estates Authority, one of the formations of the Iraqi Ministry of Industry and Minerals, announced on Thursday its joining the World Federation of Free Economic Zones (FEMOZA) in cooperation with the United Nations Industrial Development Organization (UNIDO).

The Director General of the Authority, Hamid Awad Muhammad, explained in a statement that

the Authority is a vital entity charged with advancing industrial cities and their prosperity throughout Iraq, indicating that the

joining came due to the importance of international partnerships in achieving the objectives of the Authority in light of economic changes and the movement of markets, shipping lines, and global land and railway transport, and in order to Interact with it professionally, taking advantage of Iraq's strategic geographical location.

He pointed out that the FEMOZA organization is considered an internationally known union committed to promoting sustainable economic zones and has links with (200) countries in the world.

The Director of the Authority added that this affiliation confirms the objectives of the Industrial Estates Authority in creating an environment conducive to

     investment,

     innovation and

     economic diversification by benefiting from the organization and its global network, as well as

     attracting foreign investment to Iraq and

     enhancing the Authority’s ability to establish and manage industrial zones that help in sustainable development and international business participation.

     Accelerating industrial growth within Iraq by benefiting from the expertise of specialized international organizations. https://shafaq.com/ar/اقتصـاد/العراق-ينضم-لى-ال-تحاد-العالمي-للمناطق-ال-قتصادية-الح-ـرة-FEMOZA    

Iraq Joins The Membership Of The European Bank For Reconstruction And Development

 local    Yesterday, 10:30   Baghdad – INA  The Iraqi Fund for External Development in the Ministry of Finance announced today, Wednesday, that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law.

The Fund said in a statement received by the Iraqi News Agency (INA):

“The Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law, which comes within the Ministry’s vision of strengthening frameworks of cooperation and communication between Iraq and institutions.” International Finance, after the Fund’s continuous coordination with the European Bank’s management, the completion of Iraq’s contribution process, and the completion of all documents related to accession.”

He added,  "Joining will enable the European Bank to

     finance projects within the country,

     promote development for various sectors,

     support the entrepreneurship initiative, and

     support the private sector through investments and

     participation in policy dialogue and technical assistance," pointing out that

"the European Bank for Reconstruction and Development (EBRD) is a multi-faceted development bank." Parties, headquartered in London,

the bank focuses on investment as a tool to rebuild market economies in beneficiary countries, with an emphasis on supporting the private sector and its investments in advisory and political activities.

 The bank also helps countries develop their policies to promote energy self-sufficiency or renewable energy markets.  https://www.ina.iq/205337--.html   

An Economist Calls On The Government To Support And Stimulate The Private Sector

 Economy| 05:58 - 03/17/2024  Mawazine News - Baghdad   The economic expert, Hassan Ismaik, today, Sunday, called on the government to support and stimulate the private sector in Iraq. 

In an interview with Mawazine News, Ismaik said, “There is a need to rehabilitate the government sector in order to stimulate growth in the private sector, which will  contribute to creating partnerships and  strategies with foreign direct investment in unexploited sectors such as  transportation,  tourism, and the  shift towards smart agriculture, as well as  Industrial and technological cities. 

He stressed "the necessity of shifting towards investing in quality of life and enabling Iraq to create a new digital environment."  He pointed out that

"there are many experts who link the reforms implemented by the Iraqi government headed by Muhammad Shiaa Al-Sudani, and  enabling the country to shift towards digitalization, as the solution to many of its crises, especially  corruption,  administrative slackness, and   poor service provision, and      encouraging investors and facilitating their work, which requires...

Firstly,  revitalizing and streamlining the public administrative apparatus.”  He pointed out that  "activating the public sector in Iraq must coincide with measures by which the government  supports the private sector,  increases the growth of its business, and  raises the level of partnership between it and the public sector."   https://www.mawazin.net/Details.aspx?jimare=244063   

Parliament Finance: The Central Bank Will Move To Support Banks Through This Mechanism

Money and business    Economy News – Baghdad  Today, Wednesday, the Parliamentary Finance Committee revealed the Central Bank’s intention to support banks through loans, while indicating that the Ministry of Labor has opened the platform for applying for small project loans.

The representative of the committee, Mustafa Al-Karawi, said in an interview followed by Al-Eqtisad News: “The committee, during its hosting of the governor of the Central Bank, called for support for banks, especially in the issue of loans,” indicating that “the governor of the central bank promised the committee to launch loans, especially the Real Estate Bank, to support the construction movement.”

He added, "Loans for small projects will be through the Ministry of Labor, which in turn has opened a platform to provide unregistered people who have not benefited from previous loans in order to support projects, with the value of the loan reaching 50 million dinars."

Views 183 03/20/2024 - https://economy-news.net/content.php?id=41682

Iraq's Accession To The European Bank For Reconstruction And DevelopmentEconomy | 12:13 - 03/20/2024  Mawazine News – Baghdad  The Iraqi Fund for External Development in the Ministry of Finance announced on Wednesday that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law.

The Finance Ministry said in a statement, received by Mawazine News, that this comes within the Ministry’s vision to strengthen cooperation and communication frameworks between Iraq and international financial institutions, and after the Fund’s continuous coordination with the management of the European Bank, the completion of Iraq’s contribution process, and the completion of all documents related to accession.

The Fund confirmed, according to the Finance Statement, that accession will enable the European Bank to finance projects within the country, promote development of various sectors, support the entrepreneurship initiative, and support the private sector through investments and participation in policy dialogue and technical assistance.

The statement indicated that the European Bank for Reconstruction and Development (EBRD) is a multilateral development bank headquartered in London, and focuses on investment as a tool to rebuild market economies in beneficiary countries, with an emphasis on supporting the private sector and its investments in advisory and political activities.

According to the Iraqi Finance Ministry, this bank helps countries develop their policies to promote self-sufficiency in energy or renewable energy markets. https://www.mawazin.net/Details.aspx?jimare=244232

 

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

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