Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Saturday Night 11-10-18
11-10 -18 Dinar Perspective Roundtable Prerecorded Call 37 Mins
Chattels A Fractured Iraqi Cabinet KIRK H. SOWELL Although Iraq’s political blocs have agreed on a new prime minister, the lack of a coherent coalition shows the incoming government’s inherent weakness. November 08, 2018
https://carnegieendowment .org/sada/77674
chattels " Abdul-Mahdi’s effort to fill his cabinet continues to face resistance. Parliament was scheduled to hold a vote on new nominations on November 6, but despite predictions that at least a few ministers would pass, parliament did not consider any of them, and has not yet scheduled a further vote on nominees.
In addition, reports indicate that between two and four of the fourteen ministers approved on October 25 face imminent impeachment threats.
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KTFA:
Samson: The Iraqi National Bank Signs An Agreement To Stimulate Economic Growth
11th November, 2018
The Iraqi National Bank signed an agreement Sunday with the State Finance Corporation to stimulate economic growth in the country.
The correspondent of the Iraqi News Agency (INA) said that "the Governor of the Central Bank Ali Alalak attended the signing ceremony of an agreement between the Iraqi National Bank and the International Finance Corporation to support the Iraqi commercial sector and stimulate economic growth."
LINK
- http://ina .iq/archives/78130
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Thank you Judy
Restored Republic via a GCR: Update as of Nov. 11, 2018
Compiled 11 Nov. 12:01 am EST by Judy Byington
The below was a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it was valid. Patience was a Virtue. Having Virtue was a sign of a good moral being. Good moral beings had the power to overcome evil and change the world.
Judy Note - The Bottom Line: (Rumors - please do your own research).
Several sources claimed the US RV and release of 800#s could happen at any moment and certainly by this weekend. Iraq has already RV’d in-country. China has made a public announcement that they would RV their currency on Mon. Nov. 12 (our Sun. Nov. 11 evening).
Sources pointed to Sun. Nov. 11 as a likely start date for the Global Currency Reset, with a back wall of Nov. 14.
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KTFA:
Don961: From 2011 ... Mr. Saleh ...
Iraq Said To Be Planning Currency Overhaul, Redenomination
June 24, 2011 16:03 GMT
BAGHDAD -- A senior Iraqi Central Bank adviser says the government has adopted a two-pronged plan to restructure the national currency in order to facilitate large transactions and make government accounts more efficient, RFE/RL's Radio Free Iraq reports.
Mudhhir Muhammad Salih, a member of the bank's advisory panel, told RFE/RL on June 23 that in the short term, larger banknote denominations of the dinar would be issued to simplify major transactions.
He said that because so many Iraqis still dealt mainly in cash, it was cumbersome to carry bags full of money to pay for expensive items like cars. The inconvenience leads people making such purchases -- as well as many entrepreneurs -- to use dollars for those kinds of transactions instead of dinars, something the government wants to end.
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Personal Finance
How Much Money Do You Need to Be Wealthy in America?
By Suzanne Woolley May 15, 2018
A few million should do it. But for some, it’s not just about the cash—it’s what you do with it.
Many Americans cite leading a stress-free life and having “peace of mind” as their personal definition of wealth. That doesn’t sound too money-centric on the face of it—until you consider that money, or specifically the lack of it, is a major source of stress.
Americans don’t like to admit that assets can buy happiness—just 11 percent of those surveyed for the second annual Modern Wealth Index from Charles Schwab chose “having lots of money” as their definition of wealth.
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