AC has translated the video - Iraq CBI Gov Says Any Exchange Rate Supported – Possible Revaluation?

[umbertino]

I guess I should have added a disclaimer that this is 100% AC's info and I know nothing of the translater that did this for him but I pray he is translation is 100% correct!!

Grazie Bumper.

[ReinMan]

The funny thing about the Arabic language is that you get a literal translation but not one that conveys the meaning, such as in verb tense.

They can say what they want but.....

 

SHOW ME.

Edited June 25, 2014 by ReinMan

[SnowGlobe7]

TY Bumper I hope all is well with AC

[zzztop]

Wasn't AC a lopster not that long ago?

[calkid11]

Thank you

[blitzer]

All sounds nice, and I hope it happens soon too.  Just one teeny tiny problem.  lol  According to the rules of the IMF, and please, go tothe IMF website and see for your selves.  If you are a member of the IMF, and Iraq is, you CANNOT back you rcurrency with metal or any other assets.  That includes currency reserves, gas, oil, minerals, fur, diamonds, nothing.  Fiat currency is backed by debt and a country's ability to secure credit, not by assests it has or can produce.  So unless Iraq is planning on leaving the IMF, or the IMF is planning on changing the rules, all that gold don't mean diddly.  Nice to have, but don't mean a damn thing right now.  Sorry.

 

And if they want all that help in loans from the World Bank, Paris Club, EU, America, etc., etc., then they need to stay inline with the IMF.  So.........

 

just sayin',,,,,,

[dontlop]

Yes lot a truth to that

It's amazing they don't teach more about currency in school

Its a big part of life yet they omit that part

They seem to only want privileged people to know the ropes and have an edge

They go to college and pay but still most people don't have a clue

I think a lot of that knowledge is handed down thru the generations but not widespread

It's really something

[dontlop]

You talk about securing debt

Do ya know how rich people get rich

A lot of it starts out with free money

Yep

There's billions of dollars avaliable for research and development from the govt

You have an idea

A big idea

So you pitch it to your congressman

Tell him you need the research money to start

You pay yourself very well or they won't talk to you

They don't want to be seen with a poor person in old beat up tennis shoes

When they come to town to visit they want photographers and picked up in a limo

They want you to look like someone worth giving the money to

There more to that story

But any way

You get your research money and hire a team

Management , engineers ,architects, rent office space employ some people

The govt loves to give money away to create jobs

But all the time your adding employees ya keep them in the loop giving them credit for their support and creating jobs

They use that in their re election campaigns

I created ten thousand jobs bla bla bla

Then once all the details are in order you submit them for your development money

You start your build what ever it is that leads to more jobs

The bigger you get and the more money you get the more experienced players you can hire which helps you trim costs and expand even more

Someone needs to build the biggest most modern steel mill in the world right here in the USA

But there's millions of other things people can do

But most people don't know how to get the start up money

So they say the govt is supposed to supply us with jobs

Or wait for someone else to do it

They just want a hourly job

Then when they get it their never satisfied

So ya learn to just do the best ya can providing them with jobs all the while they talk about what a bass turd you are greedy rich person

When all you did was apply yourself

Money is avaliable in any amount

They just print it up on demand

There's no way they can back up all the money with gold

Yet people want a gold standard

The rich just laugh and ride around on their 5000 ft yaught

Always put your salary around a quarter millions year to start

Then they will talk to you

Ask for 5 hundred million dollars

If you ask for 50 grand and a 30 thousand a year salary they won't even look at you

When dealing with the govt go big huge gigantic

Ask for 2 and a half billion to build a rocket

Go big

[dontlop]

Heck you could spend fifty years just on the research end of it

Tell them you want to build a new style of solar cell using magnifying glasses

To concentrate the light into a spherical three dimensional solar cell some wild idea that could take universities and all kinds of research money and years and years of research before you can even start the development of a manufacturing facility

They love to give money away and don't forget to add 10% for administration costs

The govt

Ah ha ha ha ha

They love to spend money in their districts

They just need the partners to do it with

You can donate to their campaign fund too

Man they will love you if you ask them for millions and millions of dollars for free

[DinarThug]

The fruit is ripe

.

Leave Sandfly out of this

R U Accusing Him Of Being A FruitFly ?

[joedee2004]

well my fingers are crossed!!!!

[Texas1]

well my fingers are crossed!!!!

3 weeks later..........

[ReinMan]

They can SAY they can do it all day long, but we just wait on WHEN, and they don't HAVE to do anything right now.
Things can continue exactly as they are without penalty or consequence.

[rdoncampos]

THANKS BUMPER,AC

[Bob]

"......................................................................................................NO!"

 

"Stay thirsty my friends!"