Ariel: The Odds of a Rate Change Remain High
2-20-2025
Time Is Running Out
No liquidity.
No dollar.
No revenue.
No deposits.
No withdrawals.
No market volume.
What is the next best thing to do if you plan on making it out of this financial constraint on your economy before more sanctions and more economic turmoil ensues? You change the exchange rate. Which I presume they only have days to do. Turkey is waiting on them to make decisions prior to Monday that will determine the fate of everything else contingent upon this oil export.
Majeed: The government may resort to printing new money to cover the deficit Print new notes with small denom that has strong value
Paul Bruno: seems to say more work needs to be done and the dinar needs to crash first. I trust him because he’s been the only voice of, not now, with reason
You can not crash your way into a new exchange rate like some unexpected hard drop in value then all of sudden this miraculous exchange rate comes in and saves the day.
A “crash” could occur if confidence in the dinar erodes due to external shocks (e.g., sanctions, oil price drops) or internal mismanagement, but it’s not a prerequisite for a rate change.
Something that is looming overhead due to their procrastination and reluctance because many will be going to prison after this. They know the corruption will come to an end. This is why they are dragging their feet and being forced into compliance.
The CBI could act preemptively to prevent such a crash by adjusting the rate based on current economic data and projections. This is why it is smart of them to do this now to avoid this. You have to know in order for you to have proper confidence in somebody else notion. You all keep riding the fence and two horses at the same time.
A crash would be destabilizing and counterproductive to Iraq’s current goals of stabilizing salaries, managing oil revenue, and avoiding public unrest. Instead, the CBI is more likely to adjust the rate proactively potentially this week or before February ends.
Based on economic necessity, oil export resumption, and fiscal pressures, as outlined in posts by Majeed and other developments we’ve discussed.
The odds of a rate change remain high (70-80% this week, 80-90% before month-end) without requiring a dinar crash.
If anything, the CBI would aim to prevent such a crash by acting decisively now. This is why the media in Iraq is now talking about introducing new currency and urging a rate change. Why? Because they want to avoid the very thing that @snwse21 claim needs to happen prior to the new exchange rate.
Source(s):
https://x.com/Prolotario1/status/1892285199461077449
https://x.com/Prolotario1/status/1892338564073213965
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Article: “New US sanctions shake Iraqi banking sector, ban use of payment cards abroad” Lies! …Be careful what you read. Article: “Al-Nusairi: No sanctions on Iraqi banks, and false reports cause panic” SETTING THE RECORD STRAIGHT ON THE MONETARY REFORM OF IRAQ…You know very well that we’re very close and you know very well when you’re very close they’re going to try to [hide, distract, over the truth]…It’s not a coincidence that their government and our government is a mirror image. It’s not a coincidence…
Fnu Lnu One member of the Singapore Investment Group has been in San Francisco since Sunday. I finally got an opportunity to speak with her for an extended amount of time. She filled me in on some of the details…The Iraqis have proven to be less than attentive students. Learning is going slowly with some of the principles being resistant to the global methods and technical operations. She is getting these reports directly from one of the consulting group members, but would not say which one. Could be Wyman or K2…This may take a little time… Realize, an entire generation has passed so the youth have never known efficiency or the sense of urgency nor have they ever had purchasing power for the worthless currency. It is a sad situation to say the least. Meanwhile, we wait.
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U.S. Gold Reset Incoming? – (Fort Knox Audit Could Change Everything)
Smart Silver Stackers: 2-20-2025
Recent developments suggest the U.S. government could be preparing to revalue its gold reserves, potentially increasing their book value by over $700 billion.
Treasury Secretary Scott Bessent has hinted at ‘monetizing the asset side of the balance sheet’—but what does that really mean?
Could this be the first step toward a currency reset?
And why are record amounts of gold bullion flowing into the U.S.?
Join me as we explore the potential impact on gold prices, inflation, and the financial system. Don’t miss this one!
https://www.youtube-nocookie.com/embed/_jsrQsSkQdY?feature=oembed&enablejsapi=1
