(Thanks, L. :)

Reader LW writes:

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Re: POOFness for APR 14 '24: Til I Am Myself Again

DJ:
Your latest thoughts on truth and conspiracy brings me to ASK a serious question about our "Hoped For RV". Preamble to my questions: None of the Gurus that have publicly posed their forecasts of RV & RI & GRC Events have ever stated where the USD's are coming from to enrich us at the Exchange.

If one looks at simple math of IQD outstanding and a simple Kuwait type rate of $3.00 for each IQD, there are reportedly 7 Trilling IQD outside Iraq. $3.00 x 7 T = $21T USD. Let us estimate that only 5T IQD are presented for exchange for USD = to $15T USD.

Where are those USD's to come from? Where will Wells Fargo or Chase or Citibank or B of A going to get those USD' either in some cash and the rest in digital form. If those banks - as I have been told - send those IQD to the US Treasury for exchange and the UST send them to the CBI of Iraq, will Iraq simply say, "Sorry, we are broke. We could give you Oil for Dollars, but then we would not be able to fund our people and our government. So, there you have Question No. 1.

Now, I will be my own Guru and give you a forecast - not a conspiracy theory: Iraq will do the same thing that India did recently. Print new currency for India and make all old currency outside of India worthless. Or, more likely, simply RV at say $3.48 per USD, but only for IQD inside of Iraq. WHAT SAY YOU AND YOUR GROUPS?

Only the best for all of US.

LW

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