BETTYBOOP Posted November 20, 2023 Report Share Posted November 20, 2023 Hopefully this is still the plan. I think it is. 11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis" Quote: "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar." 2 1 1 5 5 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted November 20, 2023 Report Share Posted November 20, 2023 Of course...Iraqis do not want to take responsibility for their own actions & must blame. Sounds familiar...OBiden blaming Trump for all of his failures. 1 1 3 6 Quote Link to comment Share on other sites More sharing options...
NWGUY Posted November 20, 2023 Report Share Posted November 20, 2023 Just do it Iraq...increase the value, and drop a few 0's. 1 1 3 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted November 20, 2023 Report Share Posted November 20, 2023 4 hours ago, BETTYBOOP said: Hopefully this is still the plan. I think it is. 11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis" Quote: "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar." 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 20, 2023 Report Share Posted November 20, 2023 4 hours ago, BETTYBOOP said: Hopefully this is still the plan. I think it is. 11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi - former Minister of Finance "The ongoing dollar crisis" Quote: "The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen...Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar." 100% the plan is to raise the zeros from the exchange rate..if anything I think the timeline to this plan has moved up very quickly considering they can no longer use USD as from Jan and a crash and reset is on the horizon, they have also increased gold holdings and also have record foreign exchange holdings this tells me they are in a better position than they were back in 2010 and 3.4 inflation! They are ready for huge fiscal adjustment! 3 5 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted November 20, 2023 Author Report Share Posted November 20, 2023 27 minutes ago, screwball said: 100% the plan is to raise the zeros from the exchange rate..if anything I think the timeline to this plan has moved up very quickly considering they can no longer use USD as from Jan and a crash and reset is on the horizon, they have also increased gold holdings and also have record foreign exchange holdings this tells me they are in a better position than they were back in 2010 and 3.4 inflation! They are ready for huge fiscal adjustment! I have to agree with you. Something huge is coming either just before or just after new year 1 5 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted November 20, 2023 Report Share Posted November 20, 2023 21 minutes ago, BETTYBOOP said: I have to agree with you. Something huge is coming either just before or just after new year Or the articles about them not being able to continue to use the USD are BS which I have seen over and over again. Then come Jan 2024 they continue to use the dollar and we continue to wait! Hope not but guess we shall see! 2 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 20, 2023 Report Share Posted November 20, 2023 (edited) 17 minutes ago, Dinarrock said: Or the articles about them not being able to continue to use the USD are BS which I have seen over and over again. Then come Jan 2024 they continue to use the dollar and we continue to wait! Hope not but guess we shall see! they will eventually use the USD, they are gearing up for multiple payments systems (not just SWIFT) and market free economy...countries will trade in their own currency this includes the US. The US will export oil again and sell for USD just like Argentina will dump the USD and trade in their own for oil and so will Venezuella....I think the ban was put on them to get their affairs in order..... can you completely collapse and reset a financial system back to the gold standard when another is operating....the US are being locked out thanks to BIDEN....they are trying to push FEDNOW CBDC but will fail they say its gold backed but have NO gold! its coming to an end! Edited November 20, 2023 by screwball 2 1 1 Quote Link to comment Share on other sites More sharing options...
trvlr787 Posted November 20, 2023 Report Share Posted November 20, 2023 26 minutes ago, screwball said: they will eventually use the USD, they are gearing up for multiple payments systems (not just SWIFT) and market free economy...countries will trade in their own currency this includes the US. The US will export oil again and sell for USD just like Argentina will dump the USD and trade in their own for oil and so will Venezuella....I think the ban was put on them to get their affairs in order..... can you completely collapse and reset a financial system back to the gold standard when another is operating....the US are being locked out thanks to BIDEN....they are trying to push FEDNOW CBDC but will fail they say its gold backed but have NO gold! its coming to an end! According to Madison Trust company as of September 2022 the US has the greatest of gold holdings and Iraq is number 28. Believe what you want but should you want just google who has the most gold. 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 20, 2023 Report Share Posted November 20, 2023 (edited) 36 minutes ago, trvlr787 said: Believe what you want but should you want just google who has the most gold. i will be proven right you wrong I never said the US has no gold, they have boat loads I have said the BIDEN government have none and cannot back their CBDC FEDNOW with it......TRUMP has the gold locked up in cheyenne mountain...TRUMP has the football believe what you want... Edited November 20, 2023 by screwball 1 6 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted November 21, 2023 Author Report Share Posted November 21, 2023 They will use the dollar in international transactions but within Iraq everyone will use the dinar. This will create a supply and demand effect which should help raise the value 3 Quote Link to comment Share on other sites More sharing options...
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