Illusionists, magicians, fortune-tellers and gurus all have one thing in common, distraction. Isn’t it funny how something is soooooo important, until it isn’t?
This is my problem with most of the posts you read, you’ve heard me use the term “circle intel,” which is prevalent in dinarland. One guru gets ahold of an article (that who knows published, remember, iraqi media is a joke) and suddenly we’re off. Everyone and their brother has a “contact” or team member who has heard just a little more or the “almost” same thing. As I’ve mentioned, I’ve been on those calls, with literally a cornucopia of gurus, Tony, Okie, Johnny, and many more, and the funny thing is, is everyone’s “info” backs up the other. Then it’s just a foot race to post something so they can get the attention from everyone. They’ve come a long way today, monetized youtube channels, click through advertising and more. It used to be you just wanted to have the most people in your chat room, so the info had to be good. Nowadays, they just need you to visit once or so a day, don’t have to read anything or talk to anyone, we just want your IP hit. Ever notice how after you click through an ad all your advertising changes? What about getting strange invites on your whatsapp or texts? My security browser won’t even let me on dinarguru or dinardetectives without a vpn because the threat is too high for information leaks. I’m not saying you shouldn’t go there, but take precautions, notice how many ads they have? Guess who’s making passive income of your click habits?
So back to the magic act. You notice how gurus are absolutely SURE it’s happening now, tomorrow or this weekend? But they’ll make sure to throw in a “time will tell” or the “this could be it!” They’ll sell you a date, set in stone, only to develop amnesia the day after that date comes.
7-13-2024 Bruce… email…came out to the redemption center leaders…describing the fact that…we’d be notified either Saturday, Sunday or Monday……I’m excited about this weekend. Followed by, 7-18-2024 Bruce well, we’re looking very, very strong right now. The sources we’ve talked to are talking about this going by the 18th, which is Thursday…we know quadrillions of dollars have been moving around…So this is the time which is very serious for us … and be prepared to set your appointment to start Thursday. That seems to be the case…the 18th…Is a date that has been decided on to have this start by.7-18-2024. Well now, how’d that work out for you? Did you get any of those quadrillions that were moving around? Maybe you weren’t serious enough?
So when that doesn’t pan out, again, they’ll come back with something else to keep your attention that is designed to make your forget their info is trash. For example, 7-19-2024 MarkZ I have some Iraqi contacts telling things have wrapped up. These are folks in Iraq. They say we could see a new rate release as early as today. So since that was wrong, let me tell how great it WILL be, 7-20-2024 MarkZ I continue to hear that the most likely street rate will be $3.86 …I hope its accurate. Did you see the queen in the 3 card monte? Keep your eye on the card, flip, flip, flip. So I’ll tell you it’s going to happen, or some major event HAS to trigger the RV and then when it doesn’t happen, let me throw you a bone by telling you how rich you’re GOING to be. It’s just an illusion listening to most of these clowns.
So one of the questions this week was about the IMF’s power with currency. Here’s a summary of the IMF’s stance of what they try to maintain. “The IMF periodically reviews its members’ economic policies, including their exchange rate systems. Its annual External Sector Report (ESR) describes the 28 countries with the largest economies, plus the Eurozone, in terms of exchange rate systems, trade and investment f lows, and foreign exchange reserves accumulation, and gives a bottom-line assessment of the exchange rate.1 The ESR highlights how some countries continue to intervene in foreign exchange markets, preventing adjustment in their exchange rates and trade accounts. Because one country’s exports are another’s imports, these interventions sustain the imbalances in their partners’ trade and current accounts. Of course, not all official foreign exchange intervention is bad. The IMF condones “smoothing” operations to counter market volatility, and countries with very low foreign currency reserves may need to build up a minimum cushion in order to handle volatility. Yet the IMF criticizes persistent intervention that prevents exchange rates from adjusting to reduce imbalances in trade and payments. Although the IMF does not have an effective enforcement mechanism to stop excessive foreign exchange intervention, it has a powerful voice for setting global standards of behavior for exchange rate policies, intervention, and overall macroeconomic policies. Twice a year, it scrutinizes macroeconomic policies in the World Economic Outlook (WEO), Global Financial Stability Report (GFSR), and Fiscal Monitor (with two additional WEO updates). The ESR, by contrast, is published just once a year with little publicity.”
The IMF’s goal, like the WTO, is to maintain a fair trade balance between its member countries. This is why countries like China and Vietnam have been under extreme scrutiny to adjust the value of their currencies because they manipulate it based on the import and export of goods. So stay tuned to see what modifications come from Iraq’s attempt to join the WTO. Things have to change for them to pursue this process.
Next time we’ll discuss something genuinely productive for your planning process as we delve into the requirements for a financial advisor. And hey if you need a giggle to end or start your day, 7-22-2024 RayRen98 WAS JUST INFORMED BY A 3 LETTER… IF NOTHING CHANGES, BANKS WILL SEE LIVE RATES IN THE MORNING. Remember, capitalization makes it sound way more important and urgent. That and the force use of crayons in the correctional centers.
Til next time,
BWM