Saturday, October 24, 2015


Furthermore, foreign investment will inject new money into the local economies, which means that the CBI will be enabled, finally to float the currency. As new money comes into the economy the only way to avoid inflation (too much money chasing the same amount of goods) will be to raise the value of the dinar to offset those affects. By reducing the amount of dinar currency in the market the REAL value of the dinar will rise, meaning that the same dinar will buy MORE goods, thus reducing the upward pressure on prices themselves. I was also pleased to see that the IMF is chiming in on this today, stating that early next year will see Iraq “entering the market.” This means that they expect this process to take place and that the float will begin early next year. The phrase “entering the market” means allowing their currency to become internationally recognized.
The phrase “entering the market” means allowing their currency to become internationally recognized. We know that because it comes from the world’s biggest money controller, the IMF. In other words, for the IMF the phrase is extremely powerful. It is synonymous with the phrase “become a world player.” Only a country in Article 8 with an internationally recognized currency can “enter the market” in IMF terms. Of course it may take some time for the actual movement to Article 8. That is not our concern. What is our concern is that they begin the float, and the passing of the Investment Law, as KAP and I have said numerous times, is an essential element in making that possible. Even more importantly for us, however, is that passing that law will go a long way toward allowing the CBI to begin the float. Once the money starts coming to Iraq the CBI will leap on the opportunity to continue the execution of The Plan.
Article quote: “special election Economic and Social Council took place in the United Nations General Assembly in Enyoryuk where Iraq won 179 votes out of 187 votes in favor, with one country, so Iraq’s record return mission in international forums” …MEANS…BACK TO THE GLOBE. IRAQ IS NOW AN ACTIVE MEMBER OF THIS UN ORGANIZATION… ECOSOC. THE BEST WORDS IN ONE SENTENCE I HAVE SEEN IN A VERY LONG TIME >>>FROM GLOBAL COMMITMENT TO NATIONAL IMPLEMENTATION. THIS…IS HUGE NEWS AND…WHY I AM SO VERY EXCITED.

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