These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Sandy Ingram :
Breaking news from Iraq is conflicting. According to one story, the Iraqi government has made the decision to eliminate the zeros. For decades, they have been discussing this. However, another story claims that this is only a debate thus far. No first reading, no implementation data, and no draft legislation have made it to the legislature. The Iraqi Central Bank hasn’t said anything at all.
According to Iraqi Dinar Newshound Guru Kaperoni :
In my view, all of this debate about eliminating zeros—which is a neutral event to decrease trillions to billions—is inappropriate for Iraq. These are short-term solutions, but they don’t really deal with the underlying problems; at this point, they’re only ways to deter conjecture.Eventually, their currency will be floating. This does not happen suddenly; rather, it happens gradually.
According to Newshound Guru Thom :
There is a lot of debate about “dropping the zeros” these days. The decision has been taken, according to Minister Sanad. A timeline has not been confirmed by CBI. The neighborhood is illuminated. I’ve already seen this film. Excitement surges. People begin to count their money.Almost no one discusses what transpires following the exchange.For most of us, holding was the most difficult aspect. The most difficult aspect is stewarding it. Those that are ready will create riches for future generations when the rate shifts and the zeros decrease. Those who aren’t will perish like a lightning strike on a petrol station. Avoid blowing the blessing. Be prepared.
According to Iraqi Dinar Newshound Guru Jeff :
Pay attention to the cabinet. The mother of all secrets is that. Near that date, the rate will vary. That’s why it’s now the mother of all secrets.
According to Intel Guru Frank26 :
[Iraq boots-on-the-ground report] OMAR: The news here in Iraq indicates that there are intentions to eliminate the three zeros from the dinar and to reissue our currency. This initiative is said to be aimed at addressing large denominations, encouraging hoarded cash to enter the banking system, and reducing illegal money circulation… If the conversion rate is set at 1,000 old dinars for 1 new dinar, then 1 million old dinars would translate to 1,000 new dinars. This redenomination is designed to streamline transactions without necessarily affecting purchasing power or the exchange rate. Experts suggest that it could lead to a decrease in the money supply if old notes are not exchanged. On television, they mention that while there are optimistic online discussions about isolating legitimate funds, there is also caution regarding actual benefits given the current rates, which are close to .00076 per dinar. The central bank has yet to establish a timeline for this process.
According to Iraqi Dinar Newshound Guru Ariel :
Around August 6, the new money started to arrive in Baghdad. It is currently waiting to be deployed in a vault after being contracted for printing a long time ago.Physical money doesn’t get produced, sent across international boundaries, securely transported to Baghdad, and then kept in storage for an infinite period of time.The likelihood of a leak that would enable the corrupt to start converting stockpiled dinars prior to the transfer increases with the length of time the new notes remain in circulation.They can’t keep this up much longer. Days, not weeks, must pass before the changeover takes place.
According to Newshound/Intel Guru Mnt Goat :
“IRAQ TO REMOVE ZEROS FROM ITS CURRENCY AS DINAR ‘REDENOMINATION RETURNS?” Note the question mark in the title. The article states that “Iraq’s Communications Minister Mustafa Sanad has announced that Iraq plans to eliminate zeros from the dinar and reissue the currency, although the Central Bank, as the nation’s monetary authority, has yet to publicly confirm a timeline. Is Iraq on the verge of removing zeros from its currency after years of deliberation regarding a potential dinar redenomination?” The news is pouring out of Iraq like an overflowing beer from its stein… It is truly remarkable what is unfolding as we approach the removal of the zeros from the Iraqi dinar… The pressure to implement the Project to Delete the Zeros is immense.
According to Iraqi Dinar Intel/Newshound Guru MarkZ :
A brief account of a bank…From a Wells Fargo employee and one of our members: “I went to a WF branch with my friend on Saturday. As I waited for her in the lobby, I saw new machines in a room with glass walls. When I asked an employee if they were the new currency exchange machines, she replied, “Yes, they were and they arrived just a couple weeks ago.” She informed me that only the manager is now able to use them, but that two bank workers will soon be trained to use them for the new currency exchange system. This took place in Florida. Many banks are seeing this, which is incomprehensible unless they were getting ready for something.
