ametad

So how is it that when the interest rate of the US is lowered to near zero the USD is stronger, that when in Europe the rate is negative the Euro stays globally strong, but then when Turkey reduces their interest rate the TL becomes weaker? Looks to me like the systemic distribution of wealth the USD leverages as the world reserve currency has moved from the devaluation of South American currencies across the Atlantic Ocean landing in both Asia and Europe at once through Turkey. Even a child understands if there’s one full plate of cookies on the table that for one kid to get a mostly full plate of cookies the other kid gets less. BTC is going to transition to the world reserve currency. This will remove the elements of human nature while managing of human nature; the solution to removing corruption from established architectural systems. Anyways, back to the original question. Why the inverse relationship with respect to interest rates and currency value for Turkey? How does this work? Why is this presentation of market divergence in existence? I’m very intrigued.

Yeah, we should have all war authorizations for the USA removed. We, the USA are not in a time of war but a time of peace. For many countries joint agreements of military cooperation are necessary as mutually beneficial. It’s time to re-gear the military industrial complex into a system that produces skilled and educated Americans to refill the middle class. If we don’t repopulate the middle class with skilled labor the USA will implode when those in power dictating others what to do cannot do the job themselves they are demanding of others to do. The USA needs independent self sufficiency, we can’t support our own demands; like an opioid addict withering away incapable of taking care of their own needs.

Sounds like a break could be healthy for you buddy.

This is optimistic.

Things are on a precipice of real change. We will see if those making change and progress for the people of Iraq can stay alive. That would be something different.

With the latest news stating that 100 are wounded as the protests turned violent and the entrances to the green zone sealed due to the escalating tension; I am very pleased. The progression from foreign invasion/liberation transforming into civil war with a grass roots nationalist movement emerging from the forcefully imposed democracy has been quite the spectacle to observe. This is about as raw as emotions can be while preserving life. I think we truly are observing a beacon of democracy in the Middle East. But, it’s hard to put both the USA and Iran on the same side of the fence as Iraq re-centers itself independently. My thoughts are with continued progress, peacefully with opposing views and open dialogue.

Last time it was possession of WMDs when they wanted to trade oil outside the petro dollar. Now as the USD is loosing strength as world reserve currency we see this narrative.

I can hear the pitch now, let the IMF regulate all digital transactions and each country will maintain their sovereignty with control of commerce of physical goods within their borders and all transactions in their native currency. Then, BAM 💥 the SDR is King of Planet Earth.

I wonder if we will see a new global tax enforcement group with the growth and global acceptance of the UN and IMF, it would make sense to see a parallel IRS as the UN is to the USA as the IMF is to the FED. It will be established as a digital enforcement arm of the IMF with distribution back to the international countries. Soon we will see the Global Digital Commerce Board, GDCB. Just my morning thoughts for a solution to manage a global digital fiat currency.

This is good infrastructure for the region.

Positive news coming through.

Good, now let’s see the implementation of the 2021 Federal Budget Law.

Yawn…another day same stories. Can someone let me know when the actual physical resource of oil is moving from the Kurds to Baghdad in trade for currency as agreed upon this spring? I’ve seen the talk and read the agreements, now I’m patiently wait to see the corresponding behavior.

Let’s take one steps back then take two forward here. 1. With the multi year budgetary agreement agreed to this spring for Iraq has the money been flowing this summer as agreed upon between Baghdad and the Kurdish Region? 2. If the oil and money has been flowing as agreed upon, then there is a sign of regional economic stability. 3. If the current agreement is working, then perhaps they can look back into the past and reconcile and settle old debts as they move forward with regional stability. Optimistically, I hope that this article is a presentation of the actions to begin step 3 as outlined above. Time will tell…

With American troops leaving Iraq this becomes the final stretch and last stand in the Iraqi War. Will the Iraqi people hold onto their resources and work through the National Oil company to implement contracts returning wealth to the citizens? Or will the the western world take power and wealth in the form of oil, packaged neatly in International Corporate contracts within the Global Oil Industry and strip Iraq of its resources effectively loosing the war over oil in Iraq. Interesting to watch and see how this unfolds…where does the money lead???

I think they hit the nail on the head in the video above when they linked the overthrow of Iran and the war upsetting Iraq as the link that disrupted the ability for the region to self organize and control their sovereignty with respect to the global oil and energy sector. The United States never had just cause to use force globally in this manner unless the justification of greed as human nature is accepted. And within that paradigm the immaturity of America is shown as they look to economically strengthen the USD without understanding the long term impacts. Truly an unfortunate set of circumstances which has played out as a comedy of errors, a tragedy for many.

US support with their fiat currency, must be supported by the IMF and as such through SDRs. Therefore I believe the connection and connection between the IQD and SDR is being tied to the USD and SDR in a relative way to allow for a change between the USD and IQD. This change hopefully will inject the inflation/money printing bubble through the SDR at the central bank level. This happened in 2008 at the FED (central bank level) in the US to kick this can down the road for a bit. QE. So, if this happens and the IQD is an instrumental tool, then that’s good for anyone holding IQD as the USD gets a boost to keep the bubble of everything from collapsing. With the ultimate justification being the IMF supporting the global world reserve currency through SDRs which benefits everyone to maintain the current status quo. Just my morning thoughts with my second cup of coffee.

Sounds to me like they won’t pick up the oil law in discussion or voting until April 10th.

Last time they tried this and we’re going to trade oil in the Euro, Iraq was invaded for pressing WMDs...hmm, it’s an important and powerful issue. Working outside the USD Petrodollar is HUGE!!!!

If his nose is growing and it’s Fake News, therefore it must be true!! 🤣😂

House panel advances bill to repeal 2002 war authorization BY REBECCA KHEEL - 03/25/21 07:05 PM EDT A House panel advanced a bill Thursday that would repeal the 2002 authorization for the Iraq War. The House Foreign Affairs Committee voted 28-19 largely along party lines to approve the bill from Rep. Barbara Lee (D-Calif.) repealing the 2002 authorization for the use of military force (AUMF), advancing it to the House floor. Two Republicans, Reps. Ken Buck (Colo.) and Peter Meijer (Mich.), voted with Democrats in support of the bill. House Foreign Affairs Committee Chairman Gregory Meeks (D-N.Y.) argued the AUMF is outdated. “Iraq is a security partner of the United States. Saddam Hussein is long gone. No current operations depend on 2002 AUMF,” Meek said. The House voted last year and in 2019 to repeal the 2002 AUMF, but the repeal was never taken up by the Senate, which was controlled by Republicans at the time. Efforts to repeal it were revived this year amid a push to rein in presidential war powers after President Biden ordered an airstrike on Iran-backed militias in Syria last month in retaliation for militia attacks on U.S. personnel in Iraq. The Biden administration cited as its legal justification for the strike his constitutional authority to defend U.S. personnel, not an AUMF. But the strike has still sparked renewed efforts by lawmakers to repeal and replace existing AUMFs. In addition to movement in the House, a bipartisan group of senators led by Sens. Tim Kaine (D-Va.) and Todd Young (R-Ind.) recently introduced a bill to repeal the 2002 AUMF, as well as the 1991 authorization for the Gulf War. The 2002 AUMF allows military action to “defend the national security of the United States against the continuing threat posed by Iraq.” The Trump administration cited the 2002 AUMF in part for its legal justification in the 2020 drone strike that killed Iranian Gen. Qassem Soleimani. The 2002 authorization has also occasionally been cited to bolster legal arguments in the fight against ISIS, though the main authorization cited for that war has been the 2001 AUMF. At Thursday’s House Foreign Affairs Committee meeting, Republicans argued repealing the 2002 AUMF would hamstring the U.S. counterterrorism missions, saying it should not be taken off the books until a replacement for the 2001 AUMF is agreed to. “I think we all agree we've abdicated our Article I responsibilities, and we need to look at updating these very old authorized uses of military force,” said Rep. Michael McCaul (R-Texas), the committee ranking member. “But I believe we must do this as part of a comprehensive, updated replacement to provide clear authorities against the terrorists who still plot to kill Americans at home and abroad.” Democrats argued there was no reason to wait on taking action on the 2002 authorization. “I'm committed to replacing the 2001 AUMF with a more focused authority, but much more work is needed on that effort,” Meeks said. “So in the meantime, there is absolutely no reason to delay the 2002 AUMF simply because we don't have an agreement yet on the 2001 AUMF, which the 2001 is entirely a different authority for entirely a different war.” The 2001 AUMF is likely to pose the most difficulty in renewed congressional efforts on war powers. The 2001 AUMF authorized military action against the perpetrators of the 9/11 terrorist attacks, but has since been used to justify military action in more than a dozen countries against disparate terrorist groups. The White House has signaled it is willing to work with Congress on crafting a more narrow war authorization. While there is bipartisan agreement the 2001 AUMF is outdated, past congressional efforts on a replacement have all stalled amid partisan fights over the details, including whether to impose limits on time, geography and types of forces.

Delay, so surprising. I don’t even know where on this roller coaster ride we are anymore, it all feels the same; comfortably numb after so many cycles. Sounds like it’s time to take a break and regroup on Monday the 29th. But, I’ll probably keep watching things unfold.

Interesting... could be good, hopefully systematic.

Perhaps, they shuffled the order to HCL then 2021 Budget and we will see both next week.