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  1. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Walkingstick There's a serious media campaign of the monetary reform. It's getting louder and louder with each passing day...the last week of March has great potential for the monetary reform to expose more to the citizens. MarkZ We are getting a tremendous amount of chatter – surprisingly from Iraq. They seem to be on a expedited time scale. What I am hearing is to watch between the 1st and the 3rd right now. We are still trying to “vet” some things...They keep telling us they are about to have more money…we should listen to them. Henig Article: "The Ministry of Planning discusses the effects of changing the exchange rate on the Iraqi market" Quote: "The meeting discussed a number of proposals and recommendations, which aim to address the repercussions of changing exchange rates on the economic and trade movement...the ministry will submit its recommendations to the Council of Ministers in the near future. Prime Minister Mohammed Shia al-Sudani had directed that the Ministry of Planning study the effects of changing the exchange rate on the Iraqi market." Militia Man They have an agenda...to get their financial system...ceasing the multi-currency practices - which is not using the dollar. It's going to be using the dinar but they're also going to be able to clear on new platforms, all these different currency of the world.
  2. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON *** Dinar News Update *** Three days ago various news outlets from Iraq suggested that the exchange rate of the Iraqi Dinar has experienced a significant increase to its highest value in several years, at 1132. Boots on the ground reports confirm the CBI and goverment offiicals made reference to this sudden change in value. However, it is important to note that despite these reports, the CBI has yet to officially change the rate of the Dinar, which currently stands at 1310. In the past, discrepancies of this nature typically clarified within 24 hours. However, as of now, no such clarity has been discovered. We enourage you to stay alert as we keep a close eye on this peculiar situation as we await the gurus insights and updates on what the heck is going on here. Militia Man The next stage of the game is the final stage. That's my view. When they reveal, 'the direction and the plans of the central bank for the next stage to advancing the banking sector.' What are they trying to do? They're trying to get deposits. They want to lend money. They've got to a bottleneck IMV that suggests that they've got to a stage when...they need to lend money. Banks have a liquidity issue. They have to get deposits so they can lend. They need to get that money that's out there not-circulating, circulating. Pimpy It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar. Obviously 1132 is lower than that. So we have now passed where we were at the start of all this...The market rate is 1155 or 1158 over the 1132? That margin is much smaller than where it was before. That's maintainable. Samson Article: ”Abdullah congratulates the advent of Ramadan and confirms that the House of Representatives will continue to perform its tasks and work". Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News...they're saying the CBI is training licensed banks on the electronic platform. It's a big deal. It's been going on all morning... FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them... Friday's Opinions & Rumors - I was out of town Nader From The Mid East Whatever the CBI is gonna do ... the CBI make a decision everybody's gonna have to agree with it because this is a trust team...so whatever the CBI is going to decide everybody else is going to decide it's going to be happy. They're gonna have to sign off on it and that's it... Mnt Goat Is the IQD going to be reinstated on FOREX...? We now see that they told us recently this is where they are heading very shortly... Militia Man The triple zeros on our currency we have today...we believe...that's gonna change...one of the reason why I believe it's going to change is because Iraq is openly talking about coins. They're talking about smaller denominations. Those are the types of things that made me go, 'hmmmm, why did that happen?' Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate in the budget is going to exchangeable. They said it's going to start off at 1300 to 1 or whatever. It has room to play and change... FRANK: This is the RV phase...that's why there are multiple exchangeable rates for your budget but they're mainly for the float...This is massively huge for you to understand...It is not only exchangeable in the budget it will be exchangeable for you to be able to exchange the 3-zero notes to the new national currency they are bragging about. Clare Article: "An economic institution indicates a rise in the inflation rate, which is the "highest" in Iraq in years" Quote: "The Future Iraq Foundation for Economic Studies and Consultations announced, on Friday, that the annual inflation rate for January 2023 has increased, reaching more than 8.2%, which is the highest rise in Iraq in years." Nader From The Mid East The smaller notes in the ATM machines...is not true. The ATMs are not allowed it with the small categories ...for sure I know...They can't put small category in the streets and I know because I asked somebody very close to me to get some money...from the ATMs in Baghdad and there's still the same categories notes. This happened yesterday. nt pricing inside of Iraq...the only way of doing this is through having a strong currency...he is telling us how we are getting away from a dual currency and only deal in the Iraqi dinar in our nation for now on...the dinar will be strong and the reconstruction revolution is coming...All day the television Channel One has been educating us... FRANK: Monetary reform education! That's what you're getting buddy. And it's going to get louder. Pimpy What is the real exchange rate? ...the official rate is...1300...There's a discrepancy between the official rate and the market rate. When you read this article there's confusion and I can understand why. Article: "Ali Al-Alaq for Shafaq news: Wait for a decline at the parallel dollar exchange rate." Quote: "the parallel rate means the exchange are of the dollar in the market and not the official price set at 1132 dinars for every dollar." [Post 1 of 2] Pimpy I've been out of the loop for 3 days but I went back and I did not see any article that I could find that said the official rate for the Iraqi dinar moved from 1300 dinars to 1132 dinars. I think this is a typo. I might be wrong...1132...would be phenomenal...If this is truly the new exchange rate, 1132, that's a huge jump in the value of the Iraqi dinar... The lower this number becomes...the better it is for us who have invested in the Iraqi dinar. [Post 2 of 2] Militia Man What you and I and everybody else are waiting for is for the private sector. You're not going to get into the private sector without having an international acceptable exchange rate. They didn't do it at 1360 or 1166, 1192, 1460, 1310. What are they going to do when they change it to 1132? Really are they going to an international compliant currency at 1132? ...They're not going to go to the International market and be article VIII compliant at 1132. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he's saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That's absolutely fantastic! That's insane for him to say that. In other words he's telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates...everyday they are telling you more and more. It's getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate... Mnt Goat Article: "THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES." ...the key phrase here is “several stages”...This reinstatement could not just pop out one day...But now we are in the stage of progress to get the dinar reinstated and then there are many more stages to work on the Iraqi economy. Folks they are following the plan as outlined in the “White Paper”. There is no secrets to what they are doing. yada ...Cant be stressed enough that the budget needs the rate, not the rate needs the budget. The budget is going through the motions and once the rate is released, it will sort itself out.
  3. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Breitling It's black and white. Iraq picked the right guys. They picked us. They're going to stay with us. They're not going to go with the BRICS. They're not going with Asia. They're not going to go with the EU. They're going to stay with the biggest massive system in the world where they can get capital. And if they need to raise money through the IMF...they're going to stay with those guys because Europe doesn't have any money to lend out. China doesn't have any money to lend out and if they do lend it out it's not worth the risk for them...That is different than what the articles are saying. Militia Man It's been 20 years they've had this process going and now they're finally getting to that change. If we can't see it now we probably never will but at this stage of the game I'm a believer that they are telling us and they did tell us there's no going back. This process is underway. Frank26 Articles: "Sudanese advisor: Central Bank reserves are subject to guidelines regarding diversification between currencies" DIVERSIFICATION BETWEEN CURRENCIES...BECAUSE THE IQD IS ABOUT TO FLOAT AGAINST MANY FOREIGN CURRENCIES... THIS IS CURRENCY REFORM EDUCATION! ...this is explaining the external float to the Iraqi citizens... Pimpy With a strong economy and the gold reserves are up and the foreign currency reserves are up there's no reason for Iraq not to have a stronger exchange rate once you can start providing more jobs and you start redoing infrastructure but it's not going to happen overnight. You're not going to see no presto huge jump in the exchange rate. No. It's going to go up in increments...That is And NOW, for Mark's exaggerated opinions MarkZ In Iraq...They are...talking about having the new value in the budget and they have made alterations in the new budget for a new value in it. It is believed to be a higher value. The budget is being presented this week. The chatter on the street is indeed is 1 to 1 and then a float… PAY ATTENTION BECAUSE THIS IS IMPORTANT... I do not think this is what we are going to see over here. [post 2 of 2] Mark, whatever value the IQD will be in Iraq, it will be the same everywhere. And the chatter you're hearing is from your imaginary streets, or from Bruce & RayRen. In Iraq they have no idea what it will be, much less 1-to-1..! MarkZ I am still hearing (from whom) it’s going to be a complete reinstatement or revaluation...(now you're really stretching the BS)…perhaps they are going to do this in-markets there on the streets and quickly let it float up to their desired level…we shall see. But that is the chatter (from where & whom) and its been overwhelming over the last few hours out of Iraq...Based on the news from Iraq…I hope our exchanges will start sometime this upcoming week…Its looking good and the chatter is overwhelmingly good...This is extremely exciting. [post 2 of 2]
  4. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark.... RON Pimpy Iraq is going to have to know how much currency is out there in circulation...the last thing you want to do is increase the rate of the dinar and turn around and enrich a terrorist group...If they're going to do a huge rate change, I'm more than positive you're going to see the redenomination of the Iraqi dinar because it wouldn't make sense to turn around and enrich those very enemies that you're trying to fight against. Sandy Ingram The IQD rate still does not show 1300 IQD to 1 US dollar. We are not sure if the 1300 IQD rate is in effect. However, a rate of 1310 IQD to 1 US dollar shows up on the Central Bank of Iraq's website... MarkZ From our own US Dept. of State at State.gov…. Statement: “Joint statement on the US-Iraq higher coordinating committee” this is the official statement on the meetings in DC…frameworks, investments etc…We are being told from people within those meetings, or close to those meetings, that more than that was accomplished. Things like new rates that we can expect soon and what we can also expect as to timing…I do not know what that timing is yet but hoping it will leak… It's amazing that Mark has someone just about everywhere to give him special insight or information on what goes on at these high-level secret meetings..! RON
  5. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Nader From The Mid East Since last Saturday the police and man of law been running the streets in Baghdad and markets of Baghdad...you see a lot of cash in the streets. Everybody sells cash on the streets and everybody sells dinar and dollar...the government is cleaning up. They want to take all that out. They don't want nobody else besides the banks or the exchange offices to sell dinars or dollars or any kind of money. That's a good thing...if they are doing that they are doing it for a reason...that's going to take a couple weeks...maybe a month to clean up all that money in the streets. Mnt Goat Article: "PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT" This article is music to me when I read it… Yes we [have been] waiting so long to see this. Finally!!! Go RV! Mark's BS about VietNam MarkZ ...hearing positive things from Vietnam... Keep in mind that we don’t hear as much from them…but they are prepared for an increased value on their currency. We have seen documentation from our state Dept. that Vietnam needs to increase the value of their currency…they are way undervalued...they are ready to go… [Dong Rate?] I still believe it could be around $2.25 or so…but banking contacts think that is low and it could be higher. There is always the chance that Iraq could go alone…they have approvals for that. But all my contacts in Asia and Asian banking believe that Vietnam is positioned and ready and will go at the same time... I feel very confident in these two currencies
  6. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark.... RON Militia Man We're changing from an exchange rate topic to a value-related topic. We have the foreign minister, finance minster and the central bank talking about value and value comes from not just an exchange rate per se but what's the basis of that value. That value is going to come from income streams, taxes, tariffs at the borders, natural gas, oil and ...foreign reserves which is the dollar...and they have a lot of gold...the basis of all these meetings is definitely value. Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend says this new gas and oil law...is the key...They're saying on TV that Sudani has worked out a new deal and he got the Kurds in Baghdad to agree and this will make it all possible...meetings are still going on but it's the key. FRANK: I'll admit it [HCL] is an important key factor but there are many other factors that were presented to Washington D.C...about the 2nd stage of the monetary reform...that's what I am looking for..[Post 1 of 2] Frank26 [Iraq boots-on-the-ground report continued] FRANK: Your bank friend is trying to explain to you how the rate is going to change and lead to a float. Your official rate right now is 1300. Your bank friend tells you the next rate change you should look for is 1190. I think it might be 1000. Either way all three of them are going in the correct direction and that's what's exciting. You're soon to float, to add value to your currency and that is a dream finally coming true..[Post 2 of 2] Now for more of Mark's B/S: MarkZ [Q? : So where are we?] If we are listening to bankers…they believe we are a day or two away…if you listen to folks on the ground in Iraq we may be a couple weeks away… Either way this tells us how close we are… IMO It has started. When Iraq changed their rate to 1300 it started the mechanism …to me this is when the switch was flipped. This is when it was turned on and now we are just waiting for the process to roll down to us… I am very excited... No change since the last series of posts ... LOL..!
  7. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Frank26 Article: "Al-Sudani directs a process of re-evaluation of all departments and support for investors". NOTICE THE THEME OF THE ARTICLES THIS WEEK... IT'S ALL ABOUT THE SECOND PACKAGE... FOR THE ECONOMIC REFORM! Militia Man One of the things investors in the world need to come into Iraq...they need to have freedom of capital movement. They must have been assured in the Washington, Baghdad, Istanbul and the meetings that we saw with the IMF and AMF in the last 24 to 48 hours are all coming about telling us that they're going to be going international... Pimpy I Love what Guru Nader does. I dig that he gets out these news stories because these are things that we don't usually have access to and at least it gives us some kind of insight on what's being said over there in Iraq...I like having him part of the community. I think he's a big plus and an asset to everything that we're doing over here. So I'm grateful for that... Bruce We got...our lead bank talking about this thing going...[Wednesday] for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/ Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week. Sandy Ingram Article: "Congressmen call for more US support for Kurdistan Region, tougher position toward pro-Iran elements in Iraq" This cannot be good. Or it may be the best thing that has happened in the last 10 years. Congress is actively asking questions and wanting to control the purse strings of America's aid packages to Iraq... Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are telling us to be careful, to hold onto our dinars and not sell them for the dollar because the dinar may become more valuable than the dollar... FRANK: They tell you to hold onto your dinars?! It's a sanctioned program rate but in the same breath they tell you to hold on because it may be more valuable than the dollar? That's called reading between the lines! Suzie I'd be happy if they stopped there [1310], dropped a zero and moved the decimal point to the 1.31 mark, but the race between the tortoise and the snail continues...😄 Breitling The Parliament did accept the proposed increase in value of the IQD to 1300 dinar per USD [From the CBI]. This is in part to offset the recent losses in value and to increase the purchasing power of the currency. But it really hasn't worked, the USD is still over 1500..! And NOW for our Daily Dose of MarkZ Article: “Diamond Jubilee Central Bank of Iraq - 75 years” They are preparing themselves for a change in value and expanding too accommodate more companies as they are expanding…they are scrambling to get more licensed banks...to handle more currency exchanges. To go from dinar to dollar…from dollar to dinar and other countries’ currencies as well. Iraq is positioning itself to be a regional powerhouse. Mark is in the know - again..! We shall see...LOL..! Bruce We got...our lead bank talking about this thing going...Wednesday for notifications and Thursday for start of exchanges on liquidity...were are in a position to believe this is a Wednesday/Thursday time frame which we have from two of our strong sources...our other foreign bank source is giving us this week or possibly early next week...we're looking strong for the next couple of days. And then there's a possibility that if it doesn't go then we are looking really good for the next week, which is a Monday/Tuesday thing... We know this is a process that we're watching unfold. We don't have all the answers but what we have is is very positive... Hopefully we'll see this come to an end this week. Well Bruce, it hasn't happened for notifications, so obviously it won't be tomorrow for exchanges. You missed it again Goose...for the 2,000th time..! MarkZ ...in the last couple days this rate has gained momentum and more and more people are ditching US dollars so I do not think they need another incremental drop…I think it could just go “Bam” and we get the big one. Still getting mixed reports as to whether we will get a full blown re-instated or revalued rate or if it will be 1 to 1 and float. About 80% of my bankers feel we will get a final rate out of the gate at the finish line…and 20% believe it will be that float…. I believe the countdown has started…and this thing is ready to blow... Wishful thinking, but you haven't been right YET...LOL..!
  8. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Pimpy ...With the currency being stolen by corrupt politicians and terrorists there's no way they're going to revalue the currency currency to [$3.22]. Most likely when the time comes and they're really right back on track you're going to see them re-denominate the currency and it's going to go up in increments. Do I think it could get to the $3.22 rate? Of course I do...I'm not saying it's going to happen overnight. I'm saying it's possible to get to the $3.22 rate. They just have to make sure to stop doing all the bad things that keep setting them back... Clare Article: "The government sets a week to complete the 2023 budget according to the new exchange rate: we will approve it in one session" Quote: "The Iraqi government revealed, on Wednesday, that the Ministry of Finance has begun to re-prepare the general budget for the year 2023 according to the new exchange rate (130) thousand dinars per 100 dollars." Nader From The Mid East I still believe the budget have nothing to do do with the rate. The economy have to do with the rate. The private sector has to do with the rate. But the budget have nothing to do with the rate. The budget is for the country. It's not for outside the country. And NOW, we'll hear from our resident Storyteller & BS'er - Mark MarkZ ...They are still trying their level best to get the US dollars off the street and the dinar back in the hands of the people. I am still being told (By Whom..?) this is in preparation for a meaningful change in rate. There is still a lot of speculation as to whether it will come out 1 to 1 and float…or whether it will come out at a higher rate…the majority of my contacts think we will be get a contract rate and then be done…nice and simple. [post 1 of 2] MarkZ But most all agree that it will come out 1 to 1 first…if there is a float…I was told by the overwhelming majority of my contacts that at the meetings last week with the UST…the rate was set. The plan has been set. We just need to know the timing. All my Iraqi sources, European sources and US sources tell me the rate was decided …it was finalized…everything was put in concrete during those DC meetings. Now we need to see it. [post 2 of 2]
  9. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON Guru Nader From The Mid East We take 1 step forward 10 steps back. I don't know what's going on with Iran...Of course the United States is going to get involved in it. They don't want the dinar stronger than the dollar. They don't want anybody to be stronger than the dollar. WHY..? there are plenty of currencies stronger than the USD. Also it's in our best interest for the IQD to be high - we hold approximately 4 Trillion IQD from the Paris Club agreement. RON They want to keep it like that. They want to keep control over it. That's their job too. Clare Article: "ZainCash, Western Union to Enable Int'l Money Transfers" Quote: "ZainCash Iraq has announced a partnership with Western Union to enable international money transfers through the ZainCash mobile application...this allows customers in Iraq to easily and reliably send and receive money to more than 200 countries and territories. The app can be used by individuals, small and medium businesses (SMEs), as well as public sector entities and non-governmental organizations." WOW...they have to have an internationally recognized currency for this to be put into effect...RON And NOW for some more of Mark's daily MarkZ All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow. It could be accurate but it could be a little premature. But we are certainly close. My banking side contacts are convinced this is it…we will see if they are right. Mark has given us this same line for years. Then he even gives himself an out by saying it MIGHT BE PREMATURE...LOL..!RON
  10. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Pimpy I have a friend who works inside the defense department. Him and I talk a lot about geopolitics. He's usually over there in the Middle East...He recently retired...We had a chance to talk about Iraq and there was some information he shot past me that I thought was interesting so I'll share with you...we did talk about the dinar...In his view the United States is putting the squeeze on Iraq in regards to money laundering... Militia Man On the 3rd the Central Bank of Iraq has an announcement on their website and they specifically talk about...politics. It's not common...they mentioned there was talk between a phone call of the Prime Minister Al-Sudani and President Biden in respect to coordination. For them to say those types of things means there's been some sort of an agreement. And that is effetely in our view and many people's view a green light for the monetary/economic reforms to continue... Frank26 I hope they don't release the budget. I know the citizens want it. But the exchange rate cannot be released until the very last nanosecond. I don't know when it is. That's why I say I really don't want the budget because it will come out at a program rate. You can put lipstick on a pig but it's still going to be ugly. And so is the program rate for the IQD... Pimpy ...The Prime Minister is telling everybody you'll see real stability in the Iraqi dinar within the next couple of weeks...It's positive. Al-Sudani is saying this is a for sure thing so whatever it is that's being discussed right now [with the United States] he feels reassured the exchange rate is going to get closer to the official exchange rate or it might be better than the official exchange rate allowing them to maybe revalue their currency back to its original 1190 dinar or possibly a little bit more. Nader From The Mid East They did two good things. The budget has been presented yesterday. Tomorrow should be on the table...by the end of the week should present to the government. The second thing the CBI have finished one file on reducing the dollar exchange rate. I hope they did good. I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now. Be patient. We're almost there...One day it's going to hit. That's it. And NOW for some of Mark's daily Bull Crap MarkZ We have news screaming at us…it’s almost minute by minute right now. I am getting great news from all my sources…The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times... Now that the yo-yo has started we know how close we are. Member statement: My sister’s ex-husband lives in Iraq...He told her the rate has been changed and was $3.00 and possibly going up to $3.50. MarkZ: Yes that is the rumor on the streets of Iraq. Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.
  11. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON Paulette I keep seeing all this about the ISX going "International"...The only thing I saw is the announcement that they are instituting the online trading platform for the traders and that this program had been being utilized and tested by one of the brokerages for a period of time...there have been International investors in the ISX for years... Ultimately, the only thing that matters to me is what the CBI does. The ISX just conducts trading based on the official CBI rate. Hopefully, when there is a significant rate change, the actual ISX numbers don't actually change, just the value of what it represents just as when they changed the rate from 1190 to 1460. Nader From The Mid East You heard before the 29th it's gonna go international. The 30th it's not international.What's gonna happen? We don't know. Their rate will be $3.80 I read somewhere... Wow. I don't think so... Sandy Ingram Article: "Iraqi Delegation Due In US Over Banking Restrictions Fro Dollar Smuggling To Iran" Iraqi officials are scheduled to meet in Washington early in February to explain why the smuggling of dollars from Iraq to Iran. This is serious. Evidently there is proof Iraq providing Iran with US dollars over and above the agreement for payment for the electricity. MarkZ ...The US seems to be pushing for a lower rate and not the rate Iraq needs. There is a lot of push-back coming from Iraq. Iraq no longer wants to be a proxy of the US anymore and are positioning themselves not to be. Article: “Prime Ministers visit to Washington is not on the table now” They have stalled their visit to DC. It could be because they intend to RV alone and kick the US to the curb? Pimpy Let's get back to Iraq because their currency is going to hell in a hand basket...Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for every dollar. We are heading in the direction of getting 1750 dinars which is a huge devaluation [NOTE: Going up is bad for us]. It's going in the wrong direction. Basically it's getting to the point where the Iraqi dinar is about as valuable as the Zim dollar... And NOW for Mark's dose of MarkZ ...the banking chatter...is really off the hook from Europe, Scandinavia and other countries. Bankers are extremely upbeat about the next 30+ hours...The hope is that Iraq will announce late in the day tomorrow …and our exchanges starting Wednesday. I do not know how accurate this is. I am cautious about the number of places announcing this… I have heard from a overwhelming number of sources that agree on this…. Many bankers are giving me this same news. I am just worried they are again setting up a bad guy or two to take a fall. They have done this in the past...I do feel that this is exceptionally close... Close for the 2700th time..! LOL..!
  12. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ....Especially if it comes from Mark or RVAlready... RON Clare Article: "Independent deputy: Al-Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Sandy Ingram Article: "Iraqi dinar analysis" Quote: "Who is in charge of the IQD exchange rate? The Iraqi government determines the Iraqi dinar's value, and it does not fluctuate unless the central bank alters the exchange rate. This means that the government sets the currency price for sale and purchase." We also know the IMF and the World Bank plays an important decision in helping Iraq to decide. Frank26 Article: "An Iraqi delegation visits Washington to discuss the crisis of the rising dollar". THE EU & THE USA REMOVED IRAQ FROM THE LIST OF THE MOST CORRUPT NATIONS IN THE WORLD... LAST YEAR. THEREFORE SUDANI PREPARES THE IQD TO FLOAT. And NOW, we come to the portion of RVAlready I think Iraq may, as usual, drag this out to the 31st. That will cause them problems, but will fit their historic pattern. I don’t see how they can blow past the 31st when their stock market is supposed to be live on NASDAQ on the 29th. Sudani has promised the world a revaluation by the 31st. Somehow, I don't remember Sudani making any such promise..! RON MarkZ ...the news from Iraq has been very quiet on the RV front overnight. There is a lot of chatter about logistics, who gets paid, and possibly the budget over the weekend...There is a whole lot of continued bank chatter. My contacts in Redemption centers, who also work in Wealth Management as their job...have been trained to process foreign currency. They are on call this weekend...they are expecting it to be a very hard work week next week...They are very excited about what is due to happen…. According to them…the first of the week and possibly over the weekend. Nothing appears to be dragging out…We know this is a “when” not an “if”...
  13. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON Frank26 If you have a small amount of dinars, exchange. Especially if they come out at 1 to 1. If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float... [NOTE: Always speak with your financial advisors at the appropriate time to build an exchange plan that best fits your unique circumstances.] Nader From The Mid East I just bought a ticket from Baghdad to London and they refuse the payment in dollars. They want me to pay them in dinar. So my sister paid in dinar to go to London. That's great! I love the idea. I read...the parliament decide if you buy a ticket to fly anywhere you cannot buy it in dollar anymore. You have to pay in dinar...It's great news. It's a great start. Militia Man What they're really trying to do is get it to that stage where the World Trade Organization is allowed to come in. It might be two days. It might be 30 days but the point is that they'll need an exchange rate change for them to do that. And NOW we get the latest from our ...Mark MarkZ if Iraq is going to have a working international ISX on the 29th…this is in 6 days…this means the new rate needs to go before then…I would think…that is what logic dictates....Will the RV go live this week? I don’t know but, there is a tremendous amount of chatter and expectations for the next 2 days…Let’s hope they are right. Who's "they" ... Bruce & RayRen..? LOL..! MarkZ We have the end in sight-according to the news coming out of Iraq. [Q? : Iraq is supposed to get listed on the stock exchange on the 29th..?] Yes…we expect they need the new rate to go onto the ISX. [Q What is the ISX?] That is the Iraqi stock exchange which is supposed to be listed on our own NASDAQ and traded there as well. For them to be traded on that internationally they are going to need an internationally recognized currency. This is the overwhelming consensus from experts all across the globe. [Q? : Do you believe it will happen on the 29th?] Based on the news from the ISX and Iraq’s ascension to the World Trade Organization (WTO) sometime this week…it’s sure possible. ... my contacts are convinced tomorrow may be magical.
  14. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON MarkZ They are launching their ISX on our NASDAQ, and for them to be able to do that IMO – they have no choice but to have a functional, working, international rate/currency that is accepted everywhere all over the world. How can they send money through the stock exchange without a functioning international currency? That is one of the reasons I am still excited about the month of January. I'm not sure where Mark got the information that they were "launching" the ISX onto Nasdaq. Here's an article from 19 July 2019: "Nasdaq and the Iraq Stock Exchange Sign New Market Technology Agreement" (Link: https://www.nasdaq.com/press-release/nasdaq-and-the-iraq-stock-exchange-sign-new-market-technology-agreement-2019-11-06). This was primarily a new market technology agreement. The ISX held its 1st session on June 24th 2004 using manual trading, written auction on white boards. To enable companies to trade electronically, Electronic trading was introduced to the market for the first time in the history of Iraq by using Nasdaq’s platform in April 2009. The White boards have since been replaced by Electronic trading workstations as Nasdaq has delivered market technology to ISX since 2007. Frank26 You don't want to lose sight of your dinars wherever you go [to exchange]... 'We're going to send it to the main headquarters. They'll verify it a week later we'll tell you if they're real or not.' What if they're stolen? 'Well too bad '. What if the Brink truck gets in an accident, overturns and burns all my dinars? 'Well too bad. We'll give you a thousand dollars.' No. I want the true value of it. 'Well I'm sorry we lost them.' Good God almighty! There's nothing you can do about it. So don't ever lose sight of your currency and try to go to a major bank.
  15. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark or Bruce... RON Frank26 Question: "Is [A currency book] how banks in the United States are going to check for counterfeit bills? Or should we find a bank with some sort of machine?" Some will send them off to the mother bank if it's a small bank. That's why I encourage you to go to a big bank. Some of them might use just the currency book and that would probably be the smaller banks...You just don't want to lose sight of your dinars wherever you go. If you give them, they better give you the equivalent in American money. Don't let them take your dinars... Pimpy The truth of the matter is we have no idea how much Iraqi currency is in circulation. I've read articles talking about for...5 or 6 years Iraq was spending somewhere in the neighborhood of a billion dollars...buying the dinars back and destroying them... [a] soldier was telling his friend that when he was in Iraq...he had to log in their currencies as they destroyed it. As soon as he said that I asked him about it. I said, 'You're talking about the new [dinar]? The dinars of today?' He said, yeah. [Post 1 of 2] Pimpy I said, 'Did they say why they were destroying them?' He didn't know why but their job was to protect their currency and so he had to log in a list of serial numbers and they were destroying it. He said they destroyed a ton of it. Even though it says there's 157 trillion dinars that are in circulation how many of them are actually in circulation? ...that's one of the question I have. I know this for a fact Iraq was trying really hard to figure out what is and is not in the hands of speculators and how many dinars are actually out there. [Post 2 of 2] And NOW for the ... MarkZ Please treat...as rumors as they are clouding things on purpose… A contact in Iraq gave me a rate. And somebody else gave me a “heads up” from what one of their Scandinavian bankers told them on Iraq and the possibility of a NEER rate. I am being told they are pushing hard for a full RV reset but that Iraq is prepared again if the reset is stalled to release the NEER. The latest value I am hearing from 3 different sources is $1.66 if they pull a NEER (Nominal Effective Exchange Rate)...I am hearing this from two different European contacts and someone in Iraq...their comments about the NEER today gave me warm fuzzies to know that something is going to move forward no matter what. My contact over there still says they have every expectation of going by the 31st...and Bruce ...the so called Super whales - wow that's got to be a big player...started being paid out and given access to funds... Wednesday ...And it's continuing now...the good news is ...we don't have to wait on the Super whales to be paid out...we could start exchanges possibly as early as tomorrow [Friday] or Saturday... Things are looking very strong for us right now...I'm excited because I think we're finally...coming down the homestretch...and we're getting ready to let her fly. Pure and
  16. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... Especially if it comes from Mark... RON Sandy Ingram Iraq is still under sanctions and has an ongoing agreement with the U.S. government. BobTheTaxMan The [Modern day] IQD...replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam. It wasn't justifiable and reality price)... [The IQD now] is considered to be under a managed float with little change in the value for the last two decades. The value is small at this point in time. The CBI...in recent years have stated they could support a $1.17... Henig Article: "Economic: Reducing the price of the dollar outside the ability of the government and the central bank" IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there's nothing anyone in Iraq can do about their own currency, they spread a feeling of hopelessness among the Iraqi people--and among investors in the Dinar. When investors feel hopeless, they start looking for the exits. That's the point of stories like this...This is an intentional strategy. Recognize and understand. And NOW, for our Mark's latest dribble of MarkZ Article: "Iraq dinar plunges to a new low despite the government measures.” They are under pressure …and imo the Iraqi people are more than a little frustrated because they were expecting the change in the dinar value to have happened already. MarkZ There is still zero negative news…I did get a little news out of Iraq…I got a big chuckle when I said “Hey, people are very concerned that isn’t going to go until 2024.” I have a great contact over there in the finance ministry…and he told me there is no way they are waiting. He said “If the rest of the world isn’t ready …you could absolutely expect them to at least do a NEER (Nominal Effective Exchange Rate of about $1.60). This would be nice, IF it were true..! Just more of Mark's nonsense...IMO..!
  17. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... Especially if it comes from Mark or Bruce... RON Frank26 Community comment: "We are there..!" I agree with you...because I know where we are going, and I know where you are going. The thing is that they have to tell you. They have to announce it, and that's what they're doing...Really Frank - no kidding..! Now for the twin clown act of MarkZ The news we are getting right now is pretty interesting stuff...I did speak to some bankers (24/7 as always..???) that say they have money positioned and ready. They are being told that all of their funds are prepared and ready. So they are waiting for that shoe to drop. I am getting very positive news …but don’t know what to tell you on timing yet guys. I know many that are ready and prepared to execute distributions. I think we have a lot coming in the next few days…stay calm. Bruce what we're hearing is that we've gotten a 90% chance to be notified Friday, Saturday or Sunday and a 100% chance to be notified Monday, Tuesday or Wednesday ...Monday is looking very good for us as a day to be notified. Pure and
  18. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... Especially ifit comes from Mark... RON Paulette Let's hope that Sudani's GOI doesn't pass this budget prior to the currency being "reinstituted". If they do, there are still many windows of opportunity for the CBI to take action...If it gets all the way back to the Finance Minister and disbursements are made at 1450, this year certainly gets a little muddled as the budget is retroactive to January 1. Frank26 Question "Are they [ Iraq ] worried about speculators?" Yeah. It's only natural. They're already announcing what they are doing. It's no big surprise. MarkZ Article: “KRG: The federal government to send Billions of dinar to Erbil"' This is all part of the HCL agreements. They are doing what they said they were going to do for years… The HCL is moving forward to finalization so they can then give us our new rate. Mnt Goat Article: "THE CENTRAL BANK SETS A DATE FOR THE RETURN OF THE DOLLAR EXCHANGE TO “ NORMAL ” No! This 1470 is not normal. They have been on this program rate for so long now it has become the “normal”. It was supposed to be termporary and maybe for 5 years but here we are almost 2 decades later. Its time to execute the 2011 plan to reinstate it to the proper normal rate on FOREX... Now for Mark's daily MarkZ There are a huge number that are expecting something big within the next 24 hours or so. Please stay grounded. If we don’t see it tomorrow morning that doesn’t mean it’s not happening. That being said there is so much chatter right now… there is a mad dash going on, but I also hear from others to look at the 15th-16th. Try to relax as they are keeping it clouded on purpose. There is a lot of hype for this weekend so manage your expectations. That's all there is today..!!
  19. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... Especially it it comes from Mark ... RON Walkingstick Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call "the 2nd article from the CBI" that came out on Sunday telling the citizens we have a new currency, we have a new exchange rate we're about to give it to you, was discussed in the CBI meetings last week with all the banks - preparing them, putting them in the position that they needed to be..[Post 1 of 2] Walkingstick The United States [side] had its own zoom meeting yesterday with [Walkingstick's former Firm's 1 and 2 owned banks]...with all their employees. Last week the meeting with the CBI was only with the [top] echelon, the owners and managers...now the managers yesterday had, well at least 1 and 2, had their meeting with their people, their employees...it's basically the ending process of what the banks have to do right now to introduce the new exchange rate and to introduce the new currency to the citizens. The education is pretty well set..[Post 2 of 2] Henig Article: "Iraq among most prominent countries to buy gold in 2022" Quote: "Gold reserves in Iraq represent 8.7 percent of its total international reserves...Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list as it possesses 323.1 tons, followed by Lebanon with 286.8 tons, followed by Algeria with 173.6 tons, then Iraq with 130.3 tons, and then Egypt with 125.5 tons." Pimpy Article: "A new rise.. The exchange rate of the dollar is close to 160,000 dinars" 1,600 to 1 dollar is the wrong direction. Nothing that I would be panicking about...[but] definitely in the wrong direction. 1,600 is not what we want per dollar. The smaller that number gets the better it is for us... Frank26 IMO based on the fact that they already told them they're going to give them a new rate that would be compatible with the new currency that they're going to give them. They already told them about the float. They already told them about the coins. They already told them about the ATM machines...Are they still talking to the citizens and educating them all..? Yeah - 'Go to this bank don't go to that bank' is one of the latest things they did... And NOW, we come to some of Mark's daily dose of MarkZ Iraq has been fairly quiet… I am being told that banks over there as well as here in the US and all over the world have been getting redemption instructions over the last day or two. So they will be prepared for when it does occur. We still don’t have a solid theory on timing. I do hear they are still trying to do it before the 31st. They are keeping the timing broad on purpose so nobody knows the timing. The chatter and movement continues to be very encouraging...
  20. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... Especially it it comes from Mark or Bruce ... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI comes out today and says they are prepared soon to show confidence in the dinar and Sudani has ordered opening many areas of the Green Zone...They're trying to show the citizens they have security. They're trying to get us to not only have confidence in them but in the currency they are now saying they're going to give us. FRANK: It just doesn't get any better than this! Nader From The Mid East I think it's going to be on Forex...and that day you'll be International I think they're going to come out with a new currency. But for now they're not saying anything. They're talking about it but they're not showing any improvements. And NOW, we come to more of Mark's daily dose of MarkZ I am hearing some fantastic stuff. If it pans out by tomorrow evening you guys will all know it...That is where I will leave this as I am getting leaned on pretty hard... The news really is solid and I am sorry about being so vague…but I am not sure what I can get away with saying…and I don’t want to risk my own exchange.
  21. REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So take everything with a grain of salt ... Especially if it comes from MarkZ... RON Pimpy You people were told that you cannot exchange your dinar unless you have a humanitarian project. That's false... that's another thing out there that drives me crazy. And NOW for Mark's MarkZ I am getting reports from folks I know …so believe it to be accurate …that a lot of “TEST” transactions are occurring …TEST transfers…to make sure they have everything squared away…A lot of NDA’s are going out along with those…more and more people are now “falling off the grid”. Meaning they will not discuss anything RV related…because they can’t. They are being very upfront saying “Hey NDA…cannot talk about this”. ...I am very excited about the number of people now going under NDA’s , This is not rumors of NDA’s but actual NDA’s regarding the testing process.
  22. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt... Especially if it comes from Mark... RON Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani told us the U.S. Treasury says that our currency is off the high risk bank list and then he went on about how good the Iraq's banking sector has done with International instructions and guidelines and laws and rules. We've never seen this CBI and the US treasury talk like this... FRANK: The United States Treasury did everything they could to help the CBI have a new exchange rate...The U.S Treasury is making sure the CBI is linked up internationally with every bank in the world and not for a program rate... Clare Article: "Al-Maliki makes the approval of the oil and gas law conditional on this matter" THAT IS NOT NURI AL-MALIKI ..... IT IS A DIFFERENT GUY SAME LAST NAME Mark Not a nothing burger today…but not nearly the news I was hoping for overnight last night. Article: “Budget Law absent from Iraqi Parliament for 30 days'" This is playing out as we speak today. I am being told from some contacts on the ground that they are hoping to extend the parliamentary session through the 9th or 11th of December to get the budget squared away first. …but it is supposed to end tomorrow as parliament goes away for a 30 day recess. This is normal for the holidays. Kaperoni ...This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq . The real reason why they're doing it though is to try to get the exchange rate back in line with the 2% spread limits the IMF has imposed. The current exchange rate in the market is around 1490 which is on the cusp of exceeding that limit making them out of compliance. Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Prime Minister came out and says we're going to have foreign currency in our market. FRANK: Yes, because you're going international.
  23. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt... Especially if it comes from Mark ... RON ** Frank26 [Iraq boots-on-the-ground report] FIREFLY: If it floats is it going to go up really fast? And when is the best time for us to go in and exchange? FRANK: As far as when you exchange...that is a personal decision. You have to make that decision. At what rate you feel is good enough for you. 1 to 1, 1 to 2, 1 to 3 etc. You've got to know when to hold'm and know when to exchange'em. ** tlm724 Article: "Association Of Banks: Central Bank Measures Will Return Dollar Prices To Their Rates Quickly" Quote: "those who criticize the central bank must be aware that its measures announced yesterday by increasing the supply of dollars through its approved outlets and banks will inevitably lead to the return of the price to its target rates inevitably and quickly." ** Mark I am being told (told by whom) it is looking to start the float around 1160+ …and the rate will be looked at each day. This is massive progress coming out of Iraq. This makes sense as to whats best for the Iraqi people. This is a slow grind to the top and I am told it will not affect our contract rate as it is based on the “Oil for Dinar” contracts. So even if the rate takes awhile to get to where we want it…it has now started. They have now announced that it has started. There is no more “Waiting for this to go”...Expect the float to go fast. I am very excited about the news out of Iraq. [Q? : So its possible we could go to the banks this week?] it could be. We will have to wait and see. If the float rate kicks in Tues or Wed…we could see that rate start to run…very quickly. ** Walkingstick [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: It is no secret to any Iraqi citizen at all. Any Iraqi citizen can come into our banks in Iraq or when we open our private banks and they will be able to see the training of the tellers...they see the new counting and sorting machines we have on our counters. They know they are not for the dinar they are using right now. It is for a currency that is new...they know the new ATM machines inside our banks and in the streets are still offline. It is not secret. ** Clare Article: "Government official: The exchange rate of the dollar will decrease and its impact will be after a week" Quote: "A government official confirmed, on Monday, that the exchange rates of the US dollar against the Iraqi dinar will decrease with the Central Bank's decision to increase the weekly share of banks, exchange and mediation companies, pointing out that the decline will have an impact next week. ** Mark ...I think its economic brilliance coming out of Iraq. From Iraq: ??…we have a rate. We do not have a fixed rate…we literally have a floating rate now. And based on the market at the end of each day now...A measured approach so they can soak yet more dinar off the streets before their bigger revaluation. I am very excited about it. They are going to allow the market to set the rate each day…This is enormous news. You should be like jumping out of your boots over this one.
  24. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq ... So, take everything with a grain of salt... RON *** Clare Question: "now that the 2 Kurdish ministers are agreed does this mean they have a seated gov?" THEY HAVE YET TO BE VOTED ON...DECEMBER 5TH...IT MAY BE A DAY TO SEE THE FULLY SEATED GOV- imo.! *** Frank26 Parliament is waiting for the new exchange rate from the CBI just like I told you...everybody waits for the exchange rate. They are all waiting for the exchange rate that is about to come from the CBI governor to the Prime Minister of Iraq Sudani... *** Walkingstick [Walkingstick's Iraqi Bank partner/friend update] BANK FRIEND: When they introduce the GOI that's when the exchange rate will be exposed in the budget. Because it will require laws to be voted on, to be passed, for the exchange rate to be used for the reforms.
  25. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Samson Article: "Al-Kazemi’s advisor: The emergency support law has entered into force" *** Pimpy Any effect on the currency exchange rate is universal. There is no in-country/out-of-country... *** Walkingstick [Iraqi bank gentlemen in US banks update] ...IMO they dealt with connections internationally because this bank is in American territory therefore they must follow American banking laws... IMO they went to deal with the ATMs. IMO they dealt with the key cards and the MasterCards and Visas...the insurance...the new small category notes inventory wise...coins (not so much physically yet). IMO they dealt with opening day...with the workers and the staff in their scheduling...with translators to help them with Iraqi citizens...with loans..[Post 1 of 2] *** Walkingstick IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last mile. I'm talking about the last hundred yards when that ticker tape is visible. You can see it. It's there. You're about to get to it...I believe these two gentlemen are the equivalent of two marathon racers that see the finishing line and are sprinting at it because the two are very busy right now with the CBI..[Post 2 of 2] *** Kaperoni Advisor to the prime minister Saleh stated today due to the conditions in Iraq they will need double the time that they determined to implement the white paper. Originally it was expected 3 years so now they're talking at least 6 years. My guess is 10. So any talk of financial reform is nonsense at this time because financial reform cannot occur until after economic reform.
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