23 replies to this topic

[DinarThug]

CNN. Broadcasting From The Top Of A Totem Pole ! I Don't Have A Fear Of Heights. I Have A Fear Of Widths .....



7-1-2012 Newshound Guru Kaperoni The CBI has been dollarizing Iraq for months. We have proof of that in Auctions, articles, videos and even statements from the CBI. In fact, there was an article just the other day, that Saleh said the money supply (in country) was 3 trillion. A very manageable state. As for out of country, that has also been explained by the CBI once again that they want the dinar to not only be a "reserve foreign currency" but a "hard currency" like the dollar. In fact they said, the dinar will be held for by the world’s central banks for a very long time. Which all means that the majority of the dinar out of country (is part of a plan and a controlled leak), is not going to be returned to the CBI. That is direct from the CBI. Therefore, this information is credible and high up the totem pole.

[Jmasters]

CNN. Broadcasting From The Top Of A Totem Pole ! I Don't Have A Fear Of Heights. I Have A Fear Of Widths .....



7-1-2012 Newshound Guru Kaperoni The CBI has been dollarizing Iraq for months. We have proof of that in Auctions, articles, videos and even statements from the CBI. In fact, there was an article just the other day, that Saleh said the money supply (in country) was 3 trillion. A very manageable state. As for out of country, that has also been explained by the CBI once again that they want the dinar to not only be a "reserve foreign currency" but a "hard currency" like the dollar. In fact they said, the dinar will be held for by the world’s central banks for a very long time. Which all means that the majority of the dinar out of country (is part of a plan and a controlled leak), is not going to be returned to the CBI. That is direct from the CBI. Therefore, this information is credible and high up the totem pole.

Thanks Thug.

[The Machine]

Cheers thug .... you just made my morning and its only 8:55am ..... looks like it may be a good monday after all !!

[GhostDawg]

Awesome! Good start to the first day of me being 40! Good news indeed!

[RRSport]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

[tigerstripes]

Ummmmmmmm............

If anybody can find something, anything to back this up......................please.............bring it..

[The Machine]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

I thought of that too ..... but the talking about IQD here .... think about it if you were really wealthy would you rather have your money in USD (which can be used all over the world) or IQD that the Iraqi people dont even want to use right now !!

anyway I pretty sure the majority of wealthy Iraqi's have their money in foregin banks

[zul]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

could be just physical currency. CBI has stated that the system of monthly payments in Iraq exceeded 18 trillion Iraqi dinar....

[GinaG]

Happy birthday Ghost! Lordy Lordy Ghost is 40

[caz1104]

If true,this would be good news. Heres hoping

[DAME1]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

The use US currency for just about everything, because their currency has so little value....

[Niteflyer]

we wait and see.

[umbertino]

Awesome! Good start to the first day of me being 40! Good news indeed!

Happy Birthday GhostDawg... You're still young....

we wait and see.

Yep... We know the routine .....

[sufer223]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

While not all Iraqis have bank accounts but some do. He said 3 trillion In physical currency that doesn't include money that's electronic!

[RodandStaff]

CNN. Broadcasting From The Top Of A Totem Pole ! I Don't Have A Fear Of Heights. I Have A Fear Of Widths .....

Good news Thug... but I still can't figure how you got up on that Totem Pole???


Ohhhhhh... you've grown wings now...... ummmmm... does that mean you expect us to think your a perfect little now???

Awesome! Good start to the first day of me being 40! Good news indeed!

Happy Birthday Ghost Dawg... The Big "4-0"... your just getting warmed up thar buddy... now it gets real good!!!

Edited by RodandStaff, 02 July 2012 - 08:58 AM.

[SWFloridaGuy]

Thanks Thug

[jackster]

While not all Iraqis have bank accounts but some do. He said 3 trillion In physical currency that doesn't include money that's electronic!

I do believe that the majority do have deposits in their local Savings & Mattress. They are not very secure and the interest rate is around zero. On the plus-side, overdraft fees are non-existent.

[cajunrescuemedic]

Just so I understand, there is only 3 trillion IQD inside Iraq that has a population of 30 million people.
3 trillion divide by 30 million population gives each Iraqi citizen a maximum physical dinar of 1 million IQD (USD$860).

US$ 860 per citizen doesnt seem like much?
Thats not factoring in the top 20% of the population who are wealthy and hold hundreds of thousands and millions of dollars worth of IQD.
Countering that is the poor masses who obviously dont hold much cash.

Still seems an odd figure.

I'm sure the Iraqi people would love to each have $860. The truth of this is most of the Iraqi people are very poor and live by what means they can. I was in Iraq for 3 years, and I know that when they worked and made maybe $150 a month, they considered that an excellant job.

[keepmwlknfny]

While not all Iraqis have bank accounts but some do. He said 3 trillion In physical currency that doesn't include money that's electronic!

And it doesnt include the rest of the 27 trillion in physical currency.....regardless of where the currency is, the fact is that its a liability.....it doesnt matter if they only have 1 billion dinar in country, they are still responsible for backing ALL of it.....

So Im not really sure of the point of the post....

[GhostDawg]

Happy birthday Ghost! Lordy Lordy Ghost is 40

Happy Birthday GhostDawg... You're still young....


Yep... We know the routine .....

Good news Thug... but I still can't figure how you got up on that Totem Pole???


Ohhhhhh... you've grown wings now...... ummmmm... does that mean you expect us to think your a perfect little now???



Happy Birthday Ghost Dawg... The Big "4-0"... your just getting warmed up thar buddy... now it gets real good!!!

Thanks guys and gals for the birthday wishes!