4 Common Mistakes Affluent Americans Make With Their Money

4 Common Mistakes Affluent Americans Make With Their Money — and How To Avoid Them

Vance Cariaga  Tue, March 18, 2025  GOBankingRates

Affluence, like beauty, is often in the eye of the beholder. What looks like wealth to one person might not seem that way to others — especially if that “wealth” is offset by high debt and reckless spending. Just because someone earns a high salary doesn’t make them immune to the same financial mistakes as everyone else.

Even defining “affluence” isn’t easy. As Forbes reported, many factors go into determining someone’s wealth — including net worth, household income and location. A net worth of $500,000 might make you affluent in some parts of the country, while in other parts even $1 million falls short of the mark.

A recent survey from financial services provider Equitable defined the “mass affluent” as Americans who have an income level at or above $90,000 per year. According to that survey, 80% of all Americans are “concerned” about the affordability of everyday living costs, regardless of income. Nearly half aim to change their financial habits in 2025 to ease financial stress. Almost 70% of the mass affluent said they plan to increase their savings by $500 or more per month.

Increasing savings is one way to bolster your finances. Another way is to avoid making the same mistakes over and over. Here are four common mistakes affluent Americans make and how to avoid them, according to Nasha Knowles, CFP, a financial advisor with Equitable Advisors who counsels high net worth individuals.

Underestimating Income Taxes

Many affluent people don’t realize the tax impact when they start earning more money, Knowles told GOBankingRates in an email.

“They will now pay more in taxes because they make more, and they will also be in a higher tax bracket,” she said. “It always surprises them how much they are now paying in taxes.”

To avoid this mistake, hire a tax professional or financial advisor to help with tax planning.

Making Big Ticket Purchases Without Considering Related Costs

TO READ MOREl:  https://www.yahoo.com/finance/news/4-common-mistakes-affluent-americans-150403040.html

Evening News with MarkZ and Dr. Scott 03/20/2025

Evening News with MarkZ and Dr. Scott  03/20/2025

Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him

The rolling chat does not work well on Rumble…so cannot easily post member questions or comments…  Notes will be very short this week.

MarkZ  Update- Some highlights by PDK-Not verbatim

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

MZ: I am getting some interesting conversations from some of the groups who are starting to set dates for their redemption crews to be in the (mostly) western US.

MZ: I don’t want to get myself in trouble by giving out specifics….but some of the groups seem to be bringing in redemption crews specifically for 4b.

MZ: Not everything in tier 4a is already SKR’d (safe keeping receipts) so if they are starting to set this up …it gives me all kinds f warm fuzzies.

MZ: “ US Urges Iraq to Reach Agreements to Allow Resumption of Kurdish Oil Exports”  Iraq says they will be umping next week.

MZ: “Al-Alaq: We are working to create a data center that represents a basis for success for digital transformation”  They continue to modernize their banking system so they can move forward. Keep remembering the I-dinar.

MZ: “ Morgan Stanley(M5) cuts 2000 banking jobs as US economy slows” We are watching more and more banks cut jobs.   With better online aps…..people are not going to physical banks as much anymore.

 MZ: “Deutsche Bank cuts 2000 jobs”   Banks are coming to grips with a new reality.

Dr. Scott joins the stream tonight. Please listen to replay for his information and opinions

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

https://www.twitch.tv/theoriginalmarkz

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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

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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.

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!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

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Some “Iraq News” Posted by Clare at KTFA 3-20-2025

KTFA:

Clare:  A Government bank launches "electronic loans" for four categories

3/20/2025

The state-run Rashid Bank announced on Thursday the launch of personal loans for employees, security forces personnel, and retirees whose salaries are domiciled at the bank, as well as entrepreneurship loans.

The bank clarified in a statement received by Shafaq News Agency, "The application must be submitted exclusively through the Rasheed Bank's electronic application."   LINK

Clare:  A government meeting discusses the establishment of a private company for the development road project.

3/20/2025

Prime Minister Mohammed Shia al-Sudani chaired the regular meeting of the Higher Committee for Monitoring the Implementation of the Development Road Project on Thursday, in the presence of the Ministers of Transport and Industry, the Chairman of the Investment Commission, the Chairman of the Iraq Development Fund, the Director General of Ports, and representatives of Oliver Wyman, which is providing consulting services for the project.

 A statement from the Prime Minister's Office, a copy of which was received by {Euphrates News}, stated that "the meeting followed up on the project's developments, the progress of work in all its details, and discussed establishing a private company for it, in addition to matters related to the conflicts that affect the progress of work on the railway and the highway, the designs of which have been completed, and the progress made in the subject of expropriations, antiquities, and the treatment of the remains of minefields."

The statement added, "The meeting reviewed the Grand Faw Port project and its key developments, such as the submerged tunnel and container yard. A vision was presented regarding the port's expected imports over the coming years, in addition to discussing the costs of insurance and maritime services."

The meeting discussed "the issue of identifying and arranging economic opportunities for the financial model, as well as discussing the investment zones that will be offered for investment along the development path."   LINK

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

Clare:  Iraq attempts to encourage Amazon to build facilities in Iraq

3/20/2025  Baghdad –

The Director of the General Company for Post and Savings, Zainab Abdul-Sahib, revealed on Wednesday that the Iraqi Ministry of Communications is trying to encourage Amazon and SHEIN to establish branches in Iraq.

In a statement to the state news agency (INA), Abdul-Sahib said that the required facilities and warehouses to establish branches of international e-commerce companies in Iraq have been set up.

The Iraqi official explained that the launch of an e-commerce platform in Iraq has become imminent.

Plans have been developed for 2025 following the establishment of the fundamental infrastructure by the Ministry of Communications, according to Abdul-Sahib.

In order to stay up with global developments, the Iraqi government started planning in 2023 to turn the country’s postal system into automated services as part of its digital transformation initiatives.

Increased internet penetration and changing consumer behavior are two factors that have contributed to the enormous growth in e-commerce in Iraq in recent years. Additionally, this change has increased Iraq’s need for trustworthy e-commerce platforms.  LINK

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

Clare:  US Urges Iraq to Reach Agreements to Allow Resumption of Kurdish Oil Exports

3/20/2025

WASHINGTON DC, United States (Kurdistan 24) 

Addressing reporters on Wednesday, State Department Spokesperson Tammy Bruce explained that the U.S. was “urging the Iraqi Government” to reach an understanding with the international oil companies to allow the resumption of oil exports from the Kurdistan Region.

According to Iraqi authorities, those exports are to restart shortly. although the international oil companies say that more discussion is needed to reach an agreement that will allow for the export of Kurdish oil.

As one knowledgeable source told Kurdistan 24, that developments have come as far as this has a lot to do with the pressure exerted by the Trump administration on Baghdad, including the pro-Iranian elements there.

As a second source affirmed to Kurdistan 24, the Trump administration is very friendly toward the Kurdistan Region.

That was apparent, for example, in a post last week by President Donald Trump on X, highlighting the role of the Peshmerga in the recent assassination of a key ISIS figure.

"Today the fugitive leader of ISIS in Iraq was killed,” Trump wrote last Friday. “His miserable life was terminated, along with another member of ISIS, in coordination with the Iraqi Government and the Kurdish Regional Government.”

Background to Oil Export Dispute

Kurdish oil exports stopped in March 2023, when the International Court of Commerce (ICC) ruled in favor of Iraq in a dispute that was first brought to the court by Nouri al-Maliki eleven years before—in 2012—when Maliki, a strongly sectarian Shi’ite figure, was Iraq’s prime minister.

In fact, Maliki’s governance was judged to be so partisan that the Obama administration concluded that he had been a significant factor behind the rise of ISIS. Thus, it demanded his resignation as a pre-condition for returning U.S. troops to Iraq in order to fight the terrorist group, which had emerged suddenly out of the Syrian civil war.

It took nine years for the ICC to issue its ruling that the export of Kurdish oil through the Iraq-Turkey Pipeline (ITP) contravened the original 1973 agreement concerning exports through that pipeline. And now it has taken another two years to reach the point where, it seems, Kurdish oil exports will soon resume.

Of course, these problems could have been resolved much more quickly, but there was little desire to do so in Baghdad—until the Trump administration focused on the issue.

State Department Position

Bruce was asked about the U.S. role in promoting the resumption of Kurdish oil exports.

“We’re urging the Iraqi Government to reach an agreement .. .  with the international oil companies to resume oil exports through the Iraq-Turkey pipeline as soon as possible and to honor the existing contracts with U.S.companies,” she replied.

“Reopening the ITP ensures Iraqi oil can reach global, especially European markets,” she continued. “Iraq benefits from the stability of resilient supply chains, as do we all.”

The Trump administration has been focused on cutting off Iranian oil exports, as part of its maximum pressure campaign. Bringing additional sources of oil online helps to reduce the resulting pressure on international oil prices, so it, too, has a strong interest in the resumption of Kurdish oil exports.  LINK

Clare:  Al-Alaq: We are working to establish a data center that represents a successful foundation for digital transformation.

3/20/2025  Baghdad

Central Bank Governor Ali Al-Alaq confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful platform for digital transformation.

Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News," that "financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency, in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which is the most beneficiary of the major transformations taking place."

He added, "Digital currency can serve many purposes, limit the leakage of cash outside banks, and achieve a high degree of transparency, as funds can be tracked, whether in the areas of consumption, investment, savings, or even in legitimate and illegitimate businesses. It also provides important databases for analytical purposes, not just for the movement of paper money, in addition to the economic benefits digital currency offers from printing and tracking currency."

Al-Alaq confirmed that "we have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay." He explained that "there are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.

" He continued, "The Central Bank has advanced infrastructure, as the new bank building contains a sophisticated data center, and we are also working to establish a data center that will represent a successful foundation for digital transformation."  LINK

Iraq Economic News and Points to Ponder Thursday Evening 3-20-25

Al-Alaq: We Are Working To Establish A Data Center That Represents A Successful Foundation For Digital Transformation.

Banks  Economy News – Baghdad  Central Bank Governor Ali Al-Alaq confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful platform for digital transformation.

Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News," that "financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency,

in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which is the most beneficiary of the major transformations taking place."

He added, "Digital currency can serve many purposes, limit the leakage of cash outside banks, and achieve a high degree of transparency, as funds can be tracked, whether in the areas of consumption, investment, savings, or even in legitimate and illegitimate businesses.

It also provides important databases for analytical purposes, not just for the movement of paper money, in addition to the economic benefits digital currency offers from printing and tracking currency."

Al-Alaq confirmed that "we have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay." He explained that "there are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.

" He continued, "The Central Bank has advanced infrastructure, as the new bank building contains a sophisticated data center, and we are also working to establish a data center that will represent a successful foundation for digital transformation."https://economy-news.net/content.php?id=53628

Oil Prices Rose In Today's Trading

Economy |03/20/2025  Mawazine News – Baghdad  Oil prices rose in early trading on Thursday, driven by a decline in US fuel inventories and rising tensions in the Middle East.

Brent crude futures rose 40 cents, or 0.57 percent, to $71.18 a barrel by 02:13 GMT, while U.S. West Texas Intermediate (WTI) crude gained 34 cents, or 0.51 percent, to $67.50. Prices rose after U.S. government data showed a larger-than-expected drawdown in distillate inventories last week.

Distillate stocks, which include diesel and heating oil, fell by 2.8 million barrels last week, while crude inventories rose by 1.7 million barrels. Global risk premiums rose after Israel launched a new ground operation in Gaza on Wednesday after violating a nearly two-month ceasefire.

The United States also continued airstrikes on Houthi targets in Yemen in response to the group's attacks on ships in the Red Sea. Trump also pledged to hold Iran responsible for any future Houthi attacks. Ukrainian President Volodymyr Zelensky said on Wednesday that a halt to strikes on energy facilities in the war with Russia could be achieved quickly, suggesting the two sides are moving closer to a potential ceasefire that could lead to sanctions relief and the return of Russian supplies to the market. https://www.mawazin.net/Details.aspx?jimare=260274

Exchange Rates Drop In Baghdad

economy | 03/20/2025  Mawazine News – Baghdad  The dollar exchange rate declined on the Al-Kifah and Al-Harithiya stock exchanges, reaching 147,300 Iraqi dinars per $100.

The selling price at exchange shops in local markets in Baghdad was 148,250 Iraqi dinars per $100, while the buying price was 146,250 dinars per $100. https://www.mawazin.net/Details.aspx?jimare=260281

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-20-25

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP PLEDGES US LEADERSHIP IN CRYPTOCURRENCY AT DIGITAL ASSET SUMMIT

President Donald Trump outlined his administration’s vision for U.S. leadership in cryptocurrency and financial technology during the Digital Asset Summit.

Trump Touts Crypto as Key to U.S. Economic Growth

Addressing the summit’s attendees via video feed, Trump declared his commitment to making America the global center for digital assets. “Together we will make America, the undisputed bitcoin superpower and the crypto capital of the world,” he stated. He also highlighted the recent White House Digital Asset Summit, where top crypto executives met with White House AI and Crypto Czar David Sacks.

Trump announced the creation of a strategic bitcoin reserve and a U.S. digital asset stockpile, a move aimed at maximizing the government’s holdings. “Instead of foolishly selling them for a fraction of their long-term value, which is exactly what Biden did,” he asserted.

The president also vowed to end what he described as the previous administration’s “regulatory war on crypto,” including halting Operation Choke Point 2.0. “It was a form of lawfare through government weaponization. Frankly, it was a disgrace,” he said, pledging that such policies ended on January 20, 2025.

Trump called on Congress to pass legislation establishing clear regulations for stablecoins and market structure, arguing that a strong legal framework would allow institutions to invest and innovate freely. “You will unleash an explosion of economic growth,” he told the audience.

He concluded by reinforcing his belief that crypto will drive financial innovation in the U.S. “It’s going to be right here in the USA, the good old USA,” he said.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

XRP JUST HIT MAJOR MILESTONE WITH FIRST US REGULATED FUTURES

The first-ever regulated XRP futures in the U.S. are live, delivering compliant, physically settled contracts that enhance market integrity and strengthen price discovery.

Regulated XRP Futures Are LIVE in the US

Bitnomial, a U.S.-based digital asset derivatives exchange, has launched the first-ever U.S. Commodity Futures Trading Commission (CFTC) regulated futures contract for XRP, the company announced on March 20. The announcement states:

"This marks the first-ever CFTC-regulated XRP futures product in the United States, providing traders with a compliant, transparent, and capital-efficient way to gain exposure to XRP".

The newly introduced XRP US Dollar Myra (XRUY) Futures are designed to enhance market integrity by ensuring contracts are physically settled in actual XRP rather than cash. This approach strengthens price discovery by directly linking derivatives trading to the real supply and demand dynamics of XRP.

Along with the product launch, Bitnomial Exchange, LLC voluntarily dismissed its lawsuit against the U.S. Securities and Exchange Commission (SEC), which was initially filed in October 2024. The company shared:

"Bitnomial is also pleased to announce that yesterday, Bitnomial Exchange LLC filed a notice of voluntary dismissal of its case against the U.S. Securities and Exchange Commission (SEC)."

The lawsuit questioned whether Bitnomial’s XRP futures should be classified as security futures contracts. With the SEC’s evolving stance on crypto assets providing greater clarity, Bitnomial decided to withdraw the case, emphasizing the importance of regulatory certainty for fostering innovation in digital asset markets.

Bitnomial has been broadening its range of physically settled futures, now offering contracts on solana, avalanche, chainlink, bitcoin cash, litecoin, ethereum, polkadot, and hedera. The company detailed:

"Bitnomial’s physically settled futures ensure contracts are delivered in actual XRP upon settlement, distinguishing them from cash-settled alternatives that do not have direct interaction with the underlying asset."

“This structure enhances market integrity and strengthens price discovery by tying derivatives trading directly to XRP’s supply and demand dynamics,” the company added.

 CEO Luke Hoersten highlighted the significance of physically settled contracts in reinforcing market transparency, while President Michael Dunn noted that the introduction of XRP futures solidifies Bitnomial’s role as a leader in regulated crypto derivatives trading.

Bitnomial’s announcement of launching the first CFTC-regulated XRP futures contracts came a day after Ripple CEO Brad Garlinghouse revealed that the SEC is dropping its appeal in the company’s long-running lawsuit over XRP.

@ Newshounds News™

Source:  BitcoinNews

~~~~~~~~~

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Thoughts From Ariel 3-20-2025

Ariel : Do you See How this is Lining up?

3-19-2025

It’s Game Time!

Ripple announced today that the lawsuit has ended.

LMAX Digital announced clients can now access USD (RLUSD) Stablecoin.

Iraq announced that it will launch a digital Iraqi Dinar.

Iraq also just announced that they are ready to resume oil.

Donald Trump announced that April 2nd is liberation day.

Which means countries will be on a even playing field. And one way to do that is the revaluation of currencies.

Do you all see how this is lining up?

Majeed:  The parliament agreed to resume oil export next week…. They have to promote the usage of Dinar in major transaction… as the IMF told them The oil export will be done in dinar With the new rate

For Those who thought it was just conjecture. Donald Trump is gearing up for a huge announcement tomorrow regarding cryptocurrency. This is what will move the needle officially. Now we can expect much bigger plans for April 2nd.

Watcher.Guru:  BREAKING: SEC officially drops Ripple $XRP lawsuit.

So it begins?

Watcher.Guru:  President Trump to speak at the Digital Asset Summit tomorrow

https://dinarchronicles.com/2025/03/20/ariel-prolotario1-do-you-see-how-this-is-lining-up/

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

Ariel : Why this is a Big Deal for Iraq

We Are Making History: The End of Corruption

Everything Will Be Tracked On Blockchain

What does that mean for you?

1. XRP unleashed. Ripple’s XRP is free from SEC shackles, boosting its credibility as a blockchain bridge for Iraq’s digital dinar, fast-tracking adoption.

2. Gold-Backed Legitimacy. A gold-backed Iraqi stablecoin on XRPL gains trust global markets see it as a real player, not some shaky fiat scam.

3. Parallel Market Gutted. As it should be. Why? Blockchain transparency (like XRPL) tracks every dinar, choking out black-market trades that bleed Iraq’s economy.

4. Corruption in government & banking will be crushed. Immutable ledgers mean no shady officials can cook the books every transaction’s locked, exposed, done.

5. Revaluation rocket launch. A stable, digital dinar tied to gold and blockchain could spike its value investors smell security, not chaos and volatility.

6. The Stablecoin blueprint. Ripple’s win sets a precedent gold-backed stablecoins on XRPL could become the gold standard for other nations.

7. The speed alone kills SWIFT. XRP’s 3-5 second settlements obliterate SWIFT’s days-long lag, making Iraq’s digital dinar a global trade beast.

8. Security will be locked in. Blockchain’s encryption (XRPL’s consensus) shields Iraq’s currency from hacks and fraudstability on steroids.

9. Investor Frenzy: Post-lawsuit, XRP’s surge draws cash to Iraq’s digital pivot revaluation gets a fat war chest.

10. Which means no more middlemen. Direct blockchain transfers cut out corrupt bankers and brokers draining dinar value pure efficiency.

11. This will have global recognition. Ripple’s legal victory signals Iraq’s digital dinar could join the big leaguesgold-backed, blockchain-secured cred.

12. Stablecoin is stability & security along with transparency. XRPL’s proven scalability (1,500+ transactions/sec) means Iraq’s stablecoin won’t crash under pressure rock-solid.

13. The parallel economy dies automatically. Because real-time tracking on blockchain starves out illigal dinar hoarding official rate rules supreme.

14. This is corruption’s endgame people. Smart contracts on XRPL automate payments, no human hands to skim clean system, clean dinar.

15. Iraq’s new era. A revalued, digital, gold-backed dinar on blockchain screams stability war-torn past gets a secure, prosperous future.

Why this is a big deal for Iraq and you as an investor?

Iraq’s parallel market is a shadow economy street hawkers, backroom dealers, and corrupt bankers trading dinars at rates way off the Central Bank of Iraq’s (CBI) official peg.

As of March 2025, the official rate’s stuck at 1,310 IQD per USD, but the streets are slinging it at 1,500-1,600 IQD. That gap’s a $200 billion annual bleed cash siphoned from citizens into the hands of warlords, smugglers, and greasy elites.

How It F***s Iraq:

Inflation’s a b***h prices soar as the real dinar’s gutted by black-market trades.

Foreign reserves drain $70 billion in CBI vaults (Baghdad, Al-Rasheed St, gets swapped for smuggled USD, weakening the dinar’s spine.

Corruption’s king guys like “Haji Qais” (real name Qais al-Khazali, born 1974, militia boss) hoard dinars, manipulate rates, and fund private armies.

This is why it is important for Iraq to adopt a digital currency. And this will give them all the security needed to revalue their currency.

XRPL’s public ledger logs every dinar move timestamp, amount, wallet ID. A corrupt CBI official like “Ali al-Moussawi” (fictional stand-in, real ones exist) can’t skim $5 million to a Dubai account (Emirates NBD, Account without a neon sign flashing his name.

Parallel traders say, a Mosul exchanger can’t dump dinars at 1,600 IQD/USD when the blockchain locks the rate to CBI’s gold-backed 1,310 IQD (or a revalued peg, say 1 IQD = 1 USD). Their hustle’s choked out.

Gold-Backed Muscle. Iraq’s rumored 100-ton gold stash (vault at CBI, Baghdad) backs the digital dinar. One token = X grams of gold, pegged hard. Black-market dinars can’t compete why trade paper trash when blockchain gold’s the real deal? Revaluation spikes could hit 1 IQD = $3 overnight if confidence holds.

Smart contracts on XRPL automate payments oil revenue (Iraq’s $120 billion yearly haul) to citizens, no middlemen. A sheikh in Kirkuk can’t divert $10 million to a Swiss safe (UBS, Account anymore code says “ it’s locked.”

Source(s):
https://x.com/Prolotario1/status/1902375839271964956

https://dinarchronicles.com/2025/03/20/ariel-prolotario1-why-this-is-a-big-deal-for-iraq/

Coffee with MarkZ. 03/20/2025

Coffee with MarkZ. 03/20/2025

Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him

The rolling chat does not work well on Rumble…so cannot easily post member questions or comments…  Notes will be very short this week.

MarkZ  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: Happy First Day of Spring

Member: Good Morning. Is anyone sad we still are waiting?  I am.

MZ: We are supposed to get youtube back tomorrow.

Member: Getting youtube back for the big day?

MZ: That’s the plan.

Member: Mark do you think there’s a chance this could go into April?

MZ: No – I do not. IMO,  There is a possibility that exchanges could go into April …just because exchanges could take awhile.  

MZ: I do have 3 different groups that have expressed to me their expectations to be processed over the weekend. If this happens it is highly possible to see 4a moving over the weekend . I am hoping for more updates on that one.

Member: Then we in 4b would be in line right behind them

MZ: I already have some wealth managers/redemption folks tell me they are scheduled to work this weekend. They will find out tomorrow morning if they are scheduled to work both days.

MZ: I am chasing updates on CMKX to see if they recently updated the fines and penalties.

Member: Will the Dinar show on FOREX after the revalue?

Member: I wonder- Is the I-DINAR on the Ripple network?

Member: (From Dinar Guru) Mnt Goat   Article:  “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!

MZ: This was huge news a few years ago….When they talk about the digital dinar , it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals. So Iraq . this is a gold and asset backed digital currency. They will still have cash…physical dinar notes but it will be represented by the digital.

MZ: There were many articles about it at the time…..and they told us exactly what they are doing. I will look for these old articles to share with you.

MZ: In Iraq: “Parliamentary committee: Kurdistan region’s oil exports to start next week.” This is big. We have been waiting for this and the budget tables. Things appear to be coming to fruition this weekend.

Member: if oil is flowing and Iraqs contracts in country are importing material we should be there

MZ: This one is very interesting. “ 146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”

MZ: On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”

MZ: There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar…...this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.

Member: is Iraq hiding a rate in the missing gazette document?

MZ: yes. I am hoping we see it over the weekend based on what I am hearing…. I could be wrong. But then so have all the other gurus.. But with groups gearing up over the weekend…..oil exports to resume this weekend…budget tables possible this weekend. There is a whole lot happening right now that points to “done”

StacieZ joins the stream today. Please listen to the replay for her information

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

https://www.twitch.tv/theoriginalmarkz

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

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

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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.

THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING  @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

https://rumble.com/v6qxpl2-coffee-with-markz.-03202025.html?e9s=src_v1_upp

News, Rumors and Opinions Thursday 3-20-205

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 Thurs. 20 March 2025

Compiled Thurs. 20 March 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Wed. 19 March 2025 Wolverine: Gold backed currency has started, got told it started yesterday, so more than likely people are being paid in gold asset backed currency, not fiat.

Wolverine cont…..Hopefully, by the Grace of God we will be celebrating today. Keep an eye on emails. Good that bonds have started. People are getting paid on the bond, happening in Colombia. I have not yet heard from Brazil, and will speak with my Brazilian counterparts to see what they are hearing, and I am sure it will be all good news. Good news from Zurich, like Mike said.

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Wed. 19 March 2025 Mike Bara: Wolvie was told Columbia is paying out. He’s waiting to hear on Brazil. I have been told Zurich and Reno are paying out. If Reno is paying out, that means Iraq released their codes. If Iraq released their codes, the RV, whatever form it takes, happens within 72 hours (hopefully sooner).

Jen is getting that we should hear overnight. There are lots of connection problems I started getting reports when Wolverine did that things were extremely active in Reno. Exchanging money, money flowing.

Different groups of people from those we were hearing from. Once Reno is paying out, then we are within hours of the Dinar revaluing, but it makes sense in places around that world that are important in the process

. It appears it happening right now. I have been told of people being paid in Zurich, but once Reno is confirmed to be flowing in Reno, we will reval of the Dinar. There is conflicting info that only two currency may be ready Dinar and Vietnam but not sure, we are just being told this. Not sure if this is the way it will happen. I want to tell you to keep in mind, that overnight, we wake up, and the dinar is revalued, and even get the street rate, it will be a blessing for all of us.

Let us not get greedy as all will come to us in time. I have been following this since 2009, and we are as close as we have ever been, but it has never been this exciting. (Listen to audio for complete details).

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Wed. 19 March 2025 Jen: What we got on Monday is that most paymasters have funds to distribute. They will do so this week. Approximately 90% complete on other tiers.

 I asked what needs to happen to release 4B notifications. We need the release of funds to be complete. I said, “When will they do that?” He said, “Tomorrow” (that is today).

Then, if one person is found, notifications to come out on March 19, 2025, we may be a day off on that. I asked today, and got that there is a very good chance that we could get a change in the rate in Iraq tonight, and wake up to notifications.

 Either that, or tomorrow night. Either way, we have been moving forward. People are getting paid and we are finishing up the other tiers. There is nowhere else to go but up, people. Have everything ready. Keep an eye on your emails as we are right there.

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Wed. 19 March 2025 Elaina: I have been tracking a lot of pieces of data for money movements and watching various centers of influence. This morning, I observed 30 private aircraft fly into Reno in very quick succession. Between 900am and 945am PST.

What I did miss this morning ….it just a few moments ago was a US Government Learjet that came in at 830am PST. There was also a higher than normal number of private aircraft that arrived into Zurich in the last 24 hours. Seeing this also matches other pieces of information we are seeing and hearing from other countries. This is a very exciting times.

 Based on this… It’s a very safe assessment to share that Tier 4B is about to get notifications. Tier 3 is most likely being 100% finalized full release to push Tier 4B into motion.

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Tues. 18 March 2025 Bruce: Three different sources appeared to be in alignment with each other that we should be notified Wed. 19 March, with the 800s coming from Wells Fargo and set our appointments for Thurs. 20 March.

Tues. 18 March 2025 Chase and JP Morgan Bank Screens Show today’s new Dinar and Dong rates. They are still going up in value: Chase & JP Morgan Show IQD $5.23 – Vietnam Dong Soars to $3.89! dinar news today 2025 / RV News

Read full post here:  https://dinarchronicles.com/2025/03/20/restored-republic-via-a-gcr-update-as-of-march-20-2025/

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

Mnt Goat   Article:  “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!

Frank26  IRAQ'S MONETARY REFORM ACCORDING TO DR. SHABIBI DEMANDED SECURITY & STABILITY. DONALD TRUMP & SUDANI PREPARE THE TABLE FOR A NEW EXCHANGE RATE FOR IRAQ! ...It's time to eat.   Security and stability is the key of unlocking what we all seek...a new exchange rate to bring purchasing power to their currency.  Security and stability is important...Security and stability has a trump card and his name is  President Donald Trump.  But the security and stability is because Iran is no longer in control of Iraq like they used to be.   Security and stability is what's going to bring in the new exchange rate...  

(FED IS PUTTING THE FINAL NAILS IN THE US DOLLAR COFFIN), AND STOCKS RISE. UPDATES.

Greg Mannarino:  3-19-2025

https://www.youtube.com/watch?v=T4jgODrzCLQ

It’s Not a Recession, it’s a Collapse

Taylor Kenny:  3-18-2025

We’ve all heard the whispers, felt the unease. The economy, seemingly robust just months ago, now feels like it’s teetering on the edge. But how can this be?

How can a system that appeared so strong suddenly be so fragile? The truth, often obscured by optimistic pronouncements, lies in the foundation itself. For decades, our financial system has been built on shaky ground: unsustainable debt, reckless spending, and artificial market manipulation.

 Ignoring these warning signs is no longer an option; it’s time to take control of your financial future before it’s too late.

Many choose to ignore these warning signs, hoping for the best. They trust in the system, believing that the “experts” will avert any impending crisis. However, history teaches us that relying solely on external forces is a recipe for disaster. Waiting for the government or financial institutions to solve the problem is a gamble with your future.

https://youtu.be/2LwKRZ8y32E

Seeds of Wisdom RV and Economic Updates Thursday Morning 3-20-25

Good Morning Dinar Recaps,

DUBAI LAND DEPARTMENT BEGINS REAL ESTATE TOKENIZATION PROJECT

The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.

The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.

The project was launched in collaboration with the Dubai Future Foundation (DFF) and the Virtual Assets Regulatory Authority (VARA), Dubai’s crypto regulator.

The token launch makes the DLD the first real-estate registration entity in the UAE to implement tokenization on property title deeds.

DLD expects the sector to grow $60 billion by 2033

In the announcement, the DLD said the initiative is expected to drive growth in real estate tokenization. The government agency predicts that its market value could reach over $16 billion by 2033. According to the agency, this represents 7% of Dubai’s total real estate transactions.  

DLD Director-General Marwan Ahmed Bin Ghalita said in the announcement that real estate tokenization drives a fundamental change in the sector.

“By converting real estate assets into digital tokens recorded on blockchain technology, tokenization simplifies and enhances buying, selling, and investment processes,” he said.

The official said this aligns with the DLD’s vision to become a global leader in real estate investment and use technology to develop innovative real estate products.

Tokenization to open up Dubai real estate to global investors

Tokinvest co-founder and CEO Scott Thiel said the initiative is a “transformative moment” for the sector. Thiel told Cointelegraph:

“The initiative not only reinforces Dubai’s leadership in blockchain adoption but also paves the way for a more inclusive, liquid, and efficient real estate market.” 

The executive working in a VARA-regulated RWA platform told Cointelegraph that DLD’s new project would open Dubai’s real estate market to a global pool of investors.

“Tokenisation is no longer a concept. It’s a reality that will open up Dubai’s real estate market to a global pool of investors like never before,” Thiel told Cointelegraph.

In a previous interview, Thiel told Cointelegraph that the UAE’s proactive regulations paved the way for the country’s real-world asset (RWA) tokenization boom. The executive said there was a genuine desire from government agencies to develop clear guidelines for the sector.

@ Newshounds News™
Source:  CoinTelegraph

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BRICS: ANALYST REVEALS IF THE US DOLLAR CAN MAINTAIN ITS DOMINANCE

The BRICS alliance is looking to uproot the US dollar from the world’s reserve currency position. The bloc wants to put local currencies in the top slot and reduce dependency on the greenback. The power struggle has ignited fresh debates about the use of the USD among developing nations. Eastern nations want to tilt power from the West and usher into a new financial era.

The move will shake the foundation of the US dollar and weaken its dominant position in the currency markets. Local currencies are getting stronger in 2025 as the USD is down against all leading currencies this year as the DXY index fell to the 103.2 mark.

BRICS: The US Dollar Will Maintain Its Dominance

Ashishkumar Chauhan, the Managing Director of the National Stock Exchange (NSE) spoke about the US dollar’s prospects. He spoke at a Singapore panel on capitalism and technology highlighting the importance of geopolitics and the global stock markets. He also touched on the subject of de-dollarization where BRICS aims to replace the US dollar with local currencies.

Chauhan stressed that BRICS cannot shake the foundation of the US dollar and it will remain the dominant currency. “After World War II, the US meticulously positioned itself to replace the British pound as the global reserve currency. Today, no other country is ready to take on that role,” he argued.

He explained that leading currencies like the euro and the pound are not strong enough to stand the whiplash of the markets. The Chinese yuan and the Japanese yen also fold under pressure and cannot challenge the USD. Therefore, no matter how hard BRICS tries its hand in de-dollarization, the US dollar will remain the dominant currency.

@ Newshounds News™
Source:  Watcher Guru

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Thank you Dinar Recaps

$3,000 Gold Is Not The End Of This Story

$3,000 Gold Is Not The End Of This Story

Notes From the Field By James Hickman (Simon Black) March 17, 2025

On November 1, 2023, just as the price of gold reached its record high price of $2,000 per troy ounce, I clearly stated my position that $2,000 gold was just the beginning.

As usual, my argument was grounded in history. Back in the 1960s and 1970s, US government spending soared thanks to the mounting costs of the Vietnam War coupled with incredibly expensive social initiatives dubbed ‘The Great Society’.

The national debt exploded as a result.

Then, throughout the 1970s, the US suffered an incredibly humiliating withdrawal from Vietnam, complete with a helicopter airlift from the US embassy in Saigon. The Cold War with the Soviet Union was at its peak. Serious trouble brewed with Iran. War broke out in the Middle East.

Civil unrest and ‘mostly peaceful’ protests were also a constant problem in the 1970s, and major cities like New York, LA, and Chicago became synonymous with violent crime.

It was also a time of soaring inflation, weak leadership and political chaos in the US, not to mention rampant criminality in the federal government.

All of this led to a significant loss of confidence in America’s standing on the global stage.

Simply put, the world stopped making sense, and gold became a safe haven from that chaos. That’s why the gold price rose more than 20x over the course of the decade.

When I wrote to you back in late 2023, I described a number of similarities between the 1970s and the 2020s. Chaos and criminality. Weakness and war. Humiliation and inflation. Oh, and that little thing called Covid.

Similarly, the world stopped making sense in the 2020s.

And based on that conclusion, I wrote that $2,000 gold was just the beginning of a much bigger story... and that the price of gold would continue to surge.

It’s not hard to understand why.

Back in late 2023 when I wrote that article, the US national debt was around $33 trillion (it’s up $3+ trillion since then).

The federal government had recently ended its fiscal year (FY23), in which it spent every tax dollar collected just to pay interest on the debt, plus mandatory entitlements like Social Security and Medicare.

100% of US government ‘discretionary’ spending, which includes everything from the military and homeland security, to national parks and federal courts, had to be funded with more debt.

I assumed that this trend of higher spending and higher debt would continue. And it did.

The following year, in FY24, the government spent an unbelievable $1.1 trillion just to pay interest on the national debt— vastly exceeding the defense budget. Plus the FY24 budget deficit increased to more than $1.8 trillion.

So the fiscal situation has only become worse. Not better.

The other issue that I foresaw driving backlash against the dollar was the heavy-handedness of the US government against other nations.

Whenever foreign governments (or even foreign businesses) did things that the US government didn’t like, the Biden administration’s knee-jerk reaction was to impose— or at least threaten— sanctions.

In many respects the only reason that the US government even has the power to sanction other nations is because the dollar is the dominant global reserve currency.

If Costa Rica threatened to sanction other countries, everybody would just laugh... because Costa Rica has no power. But America has enormous power, simply because the rest of the world has to use US dollars for global trade and commerce.

I concluded that, sooner or later, foreign governments would get tired of being pushed around by the US government and start seeking alternatives to the dollar. This is also happening.

One thing that modern history makes very clear is that global monetary regimes tend to reset every few decades.

We can go back to the year 1867 in which the International Monetary Conference in Paris ultimately led to a global gold standard.

This gold standard lasted for a few decades... until World War I broke out. One by one, sovereign governments suspended their gold standards, causing significant disruption to the global monetary regime.

Three decades later, the global financial system was reset at the Bretton Woods Conference which anointed the US dollar as the global reserve currency... on the understanding that the dollar would be backed by gold.

This system lasted for 27 years, when, in 1971, Richard Nixon took the US dollar off the gold standard; this led to a system of “fiat currencies” around the world which were backed by nothing but phony promises from politicians and central bankers.

That system was adjusted once again in the late 1990s in the wake of the Asian financial crisis, and Russia’s sovereign debt default, in which most of the developing world piled into US dollars to hold their reserves. Foreign ownership of US government bonds skyrocketed as a result.

That system has lasted for a few decades— during which period a number of countries (like China) bought up trillions of dollars of US government debt.

Well, we are now witnessing in real time what appears to be another reset in the global financial system. And in some respects, it may even be planned.

The main problems that foreign governments and central banks have against the US dollar— the Treasury Department’s heavy-handedness, the constant threat of sanctions or tariffs, and the unimaginably high levels of debt— are still absolutely present.

And on top of that, this new administration is actively floating what has been dubbed the Mar-A-Lago Accords, i.e. an agreement to force America’s foreign bondholders to reset the financial system.

Just as predicted, all of this uncertainty has been incredibly bullish for gold— primarily because foreign governments and central banks are aggressively seeking an alternative to the US dollar.

At the moment, nobody really knows what the next global financial system will be.

Personally I don’t think the dollar is going to disappear as a reserve currency. But “King Dollar” probably won’t dominate the world— instead perhaps it will be “Earl Dollar” or “Viscount Dollar”, in a mix with other currencies.

No one knows for sure. And that’s why central bankers have been buying gold— because it’s the only asset in which they can have complete confidence. No matter what the new global financial system looks like, gold will continue to have value.

It has been those central banks buying up gold (literally by the metric ton) and pushing prices to record highs.

We said in November 2023 that $2,000 was just the beginning. We’ve just hit $3,000 gold.

I won’t say that is “just the beginning.” But it certainly is not the end to this story.

To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/3000-gold-is-not-the-end-of-this-story-152316/

“Tidbits From TNT” Thursday Morning 3-20-2025

TNT:

Tishwash:  Spanish Fashion Chain to Open First Stores in Iraq

Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year.

The announcement in the Group's FY 2024 results is part of a general worldwide expansion.

Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, Pull&Bear and Stradivarius.  link

Tishwash:  Oil exports from Kurdistan Region set to resume next week, confirms Iraqi parliament official

Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.

In a significant development for Iraq’s energy sector, Haibat Halbousi, chairman of the Iraqi parliament's oil and gas committee, announced on Wednesday that oil exports from the Kurdistan Region will officially resume next week.

Speaking at a press conference, Halbousi highlighted the progress made in recent discussions, emphasizing that key amendments to the budget law and agreements on export routes through the port of Ceyhan are well underway.

“Our meeting focused on amending the budget law and the resumption of oil exports from the Kurdistan Region through the port of Ceyhan. We will meet with the delegation next week,” he stated.

Officials from the Ministry of Oil, the State Organization for Marketing of Oil (SOMO), and the North Oil Company also confirmed the details, signaling a concrete step toward restoring oil exports from the region.

The Iraqi parliament convened on Wednesday to finalize the necessary measures, underscoring a collective commitment to economic stability and strengthening cooperation between the federal government and the Kurdistan Regional Government.

The long-anticipated resumption of oil exports is expected to bring positive economic impacts, reinforcing Iraq’s role as a key player in global energy markets. link

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Tishwash:  Is the Kurdistan Region turning into a "money exchange" for money smuggled to neighboring countries?

Economic expert Farman Hussein commented on Wednesday (March 19, 2025) on the possibility that the Kurdistan Region could become a "money exchange" for funds smuggled to certain countries, such as Iran, in light of the increasing US economic sanctions on the latter.

"All banks and money transfer companies in the region are currently under the control of the Central Bank of Iraq and linked to the electronic platform, so smuggling from the region is impossible," Hussein told Baghdad Today.

He added, "Kurdistan's banks cannot be a reliable alternative to Iraqi banks, which are subject to US sanctions. These banks are affiliated with political figures and most are dubious and vulnerable to bankruptcy, closure, and sanctions." He emphasized that these banks are not reliable for safekeeping funds.

He pointed out that "smuggling hard currency from the region's banks is difficult, as they, too, are subject to the electronic platform, and money can only be transferred and smuggled to any country through a complex process."

He pointed out that "public money thieves in the region suffer from their inability to transfer funds abroad, forcing them to invest the money in housing projects, commercial buildings, and gas stations instead of depositing it in banks."

The Trump administration has reimposed a "maximum pressure" policy on Iran.  The US government says it "seeks to isolate Iran from the global economy and cut off its oil export revenues in order to slow Tehran's development of a nuclear weapon."

Iraq, in turn, was affected by Washington's decision to refuse to renew the temporary waiver granted to Baghdad to purchase gas and electricity from Iran, amid concerns that the Iraqi banking system could be subject to US sanctions.  link

Mot:  . the Best Part is~~~~

Mot ... Gots a New Car I Dids!!! --- But!! ~~~~