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[size=30]KTFA Monday Night 4-18-2022[/size]
WALKINGSTICK Answers Per Frank26 with Notes typed by TINK: FIRST OF ALL A CARETAKER GOV WILL NOT INTRODUCE A NEW EXCHANGE RATE
A CARETABKER GOV IS JUST THAT TO KEEP A FUNCTIONING GOV BODY
THE NEW EXCHANGE RATE WILL BE INTRODUCED BY A SEATED GOV
THE EXCHANGE RATE IS BEING RECALCULATED DAILY… LIKE THE USD RATE CHANGES DAILY
IRAQ RECALCULATES DAILY AND WILL CONTINUE TO DO SO UNTIL THE LAUNCH OF THEIR NEW EXCHANGE RATE AND CURRENCY
UNDERSTANDING THAT THEY ARE CALCULATING INFLATION OUT OF THEIR EXCHANGE RATE
IN SHORT THEIR ATTEMPT IS TO MOVE AWAY FROM USD… BASICALLY MOVING AWAY FROM PAR OF USD TO A BASKET OF CURRENCY AND THOSE CALCULATIONS HAVE BEEN DONE AND ARE RECALCULATED ON A DAILY BASIS
MANY COUNTRIES ARE MOVING AWAY FROM USD
UKRAINE/RUSSIA: IF PEOPLE LOOK AT THE HISTORY THERE IS A TIME WHEN THE RUBLE GAINED IN VALUE
YES FOR THE FACT THEY (Iraq) ARE NOW LOOKING AT THE INTRODUCTION OF A CURRENCY BASKET NOT ON PAR WITH THE USD… THAT IS A CONDITION THAT CHANGED
AUCTIONS HAVE RETURNED ...HIGH NUMBERS WHAT IS THAT ATTRIBUTED TO?
WAITING FOR A SEATED GOV….. NOTHING ELSE PREVENTING THEM FROM RELEASING THE NEW EXCHANGE RATE
THEY ARE PREPARED NOW TO INTRODUCE A NEW EXCHANGE AND CURRENCY…. RIGHT NOW THEIR GOAL IS TO MOVE AWAY FROM THE USD
IRAQ IS GOING IN INTERNATIONALLY AT A BASKET PRICE NOT GOLD BACKED
PETRA: The Arab Accounting Dinar (AAD) exchange rates are fixed by the Arab Monetary Fund (AMF) equivalent to three units of Special Drawing Rights (SDR) as determined by the International Monetary Fund. SDR: USD= $1.36 The AAD is = to IMF SDR..which equals $1.36 x 3…. No higher than $1.36x3! IMO
Please watch the entire video for the entire Q&A with Walkingstick….Many of the Questions are read out loud and many answers from Walkingstick are typed by Tink.
https://www.youtube.com/watch?v=Ya__ImRzsos
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