INTEL: Mnt Goat
In November 2010, the IMF agreed wide-ranging governance reforms to reflect the increasing importance of emerging market countries. The reforms also ensure that smaller developing countries will retain their influence in the IMF. I firmly believe that had the world not experienced this global financial crisis in 2008, we would have had seen the revaluation of the IQD in mid 2012. [post
In 2010 it was already decided to use the IQD as the foundational currency for the global currency reset so no matter what we, as investors, thought there was going to be a delay until all the IMF reforms were put in place. The GCR would be one of the final steps in the process. Once these items are put in place the IMF will then pull the trigger and revalue some +190 currencies. Some will revalue and others will devalue. It will be unprecedented in the history of the world and will surely be noted in our future history books as one of the greatest events ever.
im in hiding says: as im understanding it, there is a three step process, the first step is complete. the second step the is the rv, will we be cashing in when this rv happens? the third step is the gcr, when the gcr happens currencies such as the dollar will devalue, what will happen to the british pound?. what im getting at, is when this happens will we be losing out when the gcr happens? the other thing im curious about is, what is the possibility of banks doing bail ins when we have cashed out, (before the gcr happens) to me it seems like a good window for banks to be able to get rid of some debt on their books? im i just looking to far into this or is it possible?
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whitehatauxiliaries says: Hello, As I understand it, the term GCR is the overall description of the RV. Revaluation is a re-set. The technical aspects, the sequences and processes are not entirely known and it is not really important that we know it. When the final signature is affixed to whatever document that it needs to be affixed to, then it all proceeds. The revalue, the release of funds into the hands of the paymasters, and they will pay whomever they are required to pay.
I cannot comment on what, if anything, will happen to the Pound. That is way beyond my understanding. The FRN’s will devalue over time. The new issue TRN will not.
I cannot speak to bail ins. That is up to the government’s of each country, and I am under the impression that restoring fiscal policy to include asset backed money may negate that from happening. That is just my personal hope and opinion. We will have to wait and see just what happens. Thank you.
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Joe B,Three separate subjects… the Iraq Dinar RV vs. the GCR vs. the WGS!
I cannot speak to bail ins. That is up to the government’s of each country, and I am under the impression that restoring fiscal policy to include asset backed money may negate that from happening. That is just my personal hope and opinion. We will have to wait and see just what happens. Thank you.
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Joe B,Three separate subjects… the Iraq Dinar RV vs. the GCR vs. the WGS!