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 "The USD is Being Used" - Tues. AM KTFA Thoughts, News w/ Frank26 1/22/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"The USD is Being Used" - Tues. AM KTFA Thoughts, News w/ Frank26 1/22/19

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 "The USD is Being Used" - Tues. AM KTFA Thoughts, News w/ Frank26 1/22/19 Empty "The USD is Being Used" - Tues. AM KTFA Thoughts, News w/ Frank26 1/22/19

Post by Ssmith Wed Jan 23, 2019 11:32 am


J49 » January 22nd, 2019

Ok explain this to me How is the dollar being used to lift the 3 zeros on the IQD Post 62.. and how much more of our dollars are going to be pumped into Iraq before we get it back? Of Course If I could figure that one out I would be A dinar guru.. NOT!!!!

Clare » January 22nd, 2019

From CC last night: In Frank's opinion...

The USD is no longer wearing the same suit that supported a PR (Program Rate)

The USD is being used to SUPPORT the lifting of the 3 zeros... (you misquoted post #62 and left that word out)

The USD was used like a cane, a walker, for the IQD

The IQD is being used to pay it's bills at a rate of 1-1 ...not for a PR! For the lifting of the 3 zeros that gives power to the dinar.

The IQD can now stand next to the USD.

5.5 billion in Iraq.. No longer used to pay bills and it stands next to the IQD..

It stood next to the IQD to support it...Now the USD is pouring in to invest in Iraq.

Maybe give the CC another listen, just a suggestion.

Tigger » January 22nd, 2019

Great job, Clare! James, et all... think of it this way, too...

The USD is arguably the world's most popular reserve currency (thanks to oil trading in USD). Countries all over the world are holding onto it to bolster their balance sheets and pay for their need for oil.

Remember not too long ago how the citizens of Iraq were using the USD to buy goods? Ya, they were changing out the IQD for USD because the USD was more valuable and trusted.

This was the MCP (multi-currency policy) that was not good for Iraq and they were told to get rid of it. (You cannot pay for goods and services in your country with ANOTHER country's currency if you are part of the IMF and want to be Article 8 compliant.)

So what is happening now...? The USD is flowing into Iraq due to strong corporate investment activity (contracts adding up into the billions... way above our meager holdings as investors), and the contracts/investments are being converted into IQD... and PAID in IQD (thank you WS!). The USD is being held in banks... as a reserve currency like the rest of the INTERNATIONAL financial world. AND... the contracts are being paid at a 1-1 ratio (2nd set of books... electronically).

All this (and more) is serving to bolster the value of the IQD... to make it more trusted and valuable to the INTERNATIONAL community at large!

That's just my 2.4 cents (inflation, ya'll... LOL)

Frank26 » January 22nd, 2019

A FRAMED PICTURE .................... OF OUR MONDAY CC LAST NIGHT.......

Monday Night KTFA CC 1-21-19

PLAYBACK # : 641.715.3639 PIN: 156996#


Samson » January 22nd, 2019

Deputy: The budget of 2019 will be ready to vote on this date

2019/1/22 14:58

The MP for the reform alliance Badr al-Ziadi said the federal budget law for the year 2019 will be ready to vote in parliament on Thursday.

He said in a statement to the Agency {Euphrates News}, today that "ongoing meetings of the Finance Committee parliamentary amendments on the budget of 2019," noting that "there are many objections and more than 130 amendments to the budget."

"There are transfers from one ministry to another and thus the budget will be ready to vote on Thursday," Ziadi said. LINK

Don961 » January 22nd, 2019

Monitor the movements of "strange" within the "Central Bank" of Iraq!

Sunday, January 20, 2019 at 13:24 pm

Baghdad / Sky Press

Witnesses, monitored strange movements, within the Central Bank of Iraq, for two consecutive days.

Witnesses said that the bank witnessed the entry of cars carrying, at night, without knowing the type of cargo being taken out of it, pointing out that the process lasted two consecutive days.

The Central Bank of Iraq, located in the capital Baghdad on Al-Rashid Street, was founded in 1947 and was formerly known as the Iraqi National Bank. link

Samson » January 22nd, 2019

Australian Defense Minister: Our troops remain in Iraq until the mission is accomplished

21st January, 2019

Australian Defense Minister Christopher Payne said on Monday that his country's troops would remain in Iraq until the mission we have promised ends.

"Australia has no intention of withdrawing from Iraq," the English-language Australian-language CBS website quoted Pine as saying. "There are about 600 troops in Iraq since 2014." "Australian forces are playing a stronger role in the Middle East if the United States withdraws quickly," he said.

"This pledge comes after US President Donald Trump announced the withdrawal of US troops from Syria," the website said. LINK

Jordan calls for standing with Iraq for reconstruction

22nd January, 2019

Jordanian Foreign Minister Ayman Safadi called on Tuesday to stand with Iraq in re-colonization after achieving victory over terrorism, pointing out that Iraq was the largest market for the Jordanian economy before the entry of "Dahesh."

"The region is going through very difficult conditions. Economic growth in Jordan has exceeded 7 per cent and today it has reached less than 2 per cent due to the regional situation. Iraq has been the largest market for the economy," Safadi said in an interview with Asharq Al-Awsat newspaper. Jordanian and we saw what he suffered as a result of terrorist gangs. "

Safadi added that "Iraq has won a victory on terrorism, and we must stand with him in the reconstruction."

As for the Syrian crisis, Safadi called for "focusing on ending the tragedy that has caused and caused huge destruction in Syria, and we all agree that the solution is political. We also emphasize the need for an effective Arab political role in Syria because it is inconceivable that there is no Arab role in the solution. Solving the crisis is an Arab interest. " LINK

The Netherlands: We support Iraq's democracy, and we seek to develop its economy in the future

2019 - 01 - 22
The Netherlands confirmed its efforts to develop the agricultural sector in Iraq, pointing out that the formation of delegations on this matter

"Iraq is of great importance to the Dutch side and we are trying to support the democratic process in Iraq and to continue to support the Iraqi people to achieve a better life," said Dutch Ambassador to Iraq Mathath Vulters at a panel discussion at the Rafidain Center for Dialogue on January 22, 2019

He added that "the Netherlands is seeking with Iraq to develop the agricultural side and they formed delegations on this and also support the Iraqi youth economic potential, especially that there is a large group of young people have ideas worthy of follow-up . "

The Dutch ambassador stressed the continuation of the Dutch side in the presence of scientific and research seminars in the interest of the two countries and the promotion of bilateral relations link

The Minister of Trade meets the demonstrators and adopts their demands

22nd January, 2019

Minister of Commerce Mohammed Hashim al-Ani, on Tuesday, to adopt the demands of the demonstrators of the ministry, who demanded an increase in salaries and the disbursement of incentives items ration card.

The correspondent of 'orbit', that 'Trade Minister Mohammed al-Ani met with the staff of the ministry who demonstrated, this morning, in front of his office to demand the amendment of the ration card items and increase their salaries and the disbursement of incentives ration card items.

"The minister has adopted the demands of the legitimate demonstrators and implemented them as soon as possible," he added. LINK

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