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***How the U.S. Plans to Make Trillions Off the RV of the Iraqi Dinar**


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reposted by WS

How the U.S. Plans to Make Trillions Off the Revaluation of the Iraqi Dinar


By Greg McCoach

Tuesday, August 9th, 2011

U.S. national debt will exceed $14.5 trillion by the end of the summer.

The government has been underwater so long, it has gills...

But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road.

One of the gimmicks they've cooked up to stave the wolves off is becoming more and more evident: Iraqi Dinar Revaluation.

The dinar collapsed after the United States invaded Iraq and toppled Saddam. Prior to U.S. invasion, the Iraqi currency was trading over USD3 to one Iraqi dinar on the strength of the country's massive oil industry.

After the collapse, the dinar was trading significantly lower. At one point, a single dollar purchased one thousandIraqi dinar.

Speculators began to take positions in 2004 hoping someday, the dinar would recover and the UN economic sanctions would be lifted, allowing the currency to be revalued. Since then, there has been much speculation regarding how and when that would occur.

But here's the really interesting part...

The U.S. Government is the Largest Holder of Iraqi Dinar Outside of Iraq

Does that really come as a surprise?

The U.S. Treasury does not officially list the Iraqi dinar as part of the country's forex reserves.

New Iraqi Dinar
july-2011-new-iraqi-dinar.jpg
see detail of 50 dinar bill

However, the Treasure does say it did an initial currency swap with Iraq to fund their government and Ministries...

Exactly how many dinars were traded is not mentioned, but it does make reference to “billions of U.S. dollars” traded to Iraq.

About two months ago, Iraqi dinars could no longer be purchased; the recent Dodd Frank bill appears to have legislation related to the revaluation of a foreign currency and preventing mass hysteria.

From what I have been able to gather, it sounds like this plan was originally put together by George Bush, **** Cheney, Alan Greenspan, and others years ago as a way for the U.S. government to be repaid (read: get kickbacks) for their efforts in Iraq.

Experts speculate the U.S. government received nearly 4 trillion Iraqi dinars at an exchange rate of 4,000 dinar to USD1.

If this is even close to true — and the UN allows Iraq to revalue their currency up to USD1: one Iraqi dinar — the U.S. government would stand to profit in trillions... as would anyone else who speculated on the dinar over the years.

Bush’s statement, “This is a war that will pay for itself,” will be true 10 times over.

 

 

 

 

https://www.youtube.com/watch?v=OHisqkpPfNI

Edited by Markinsa
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LOL ! :lol:  YEP - IT'S BEEN REPOSTED OVER A DOZEN TIMES ON DV ! :o

 

HERE'S A LINK TO ONE OF THE MANY PREVIOUS POSTINGS ...

 

 

The Revaluation of the Iraqi Dinar
How the U.S. Plans to Make Trillions
By Greg McCoach
Friday, July 8th, 2011


Read more: http://dinarvets.com/forums/index.php?/topic/74087-interesting-stuff-here/#ixzz3VBMHrjfV

 

 

THX FOR THE POST EASY ! ;)

 

B)      B)      B)

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Thanks Yota...I'm pretty sure the reason they put them little strips in those new high tech bills was to record the number on each bill and they could even had the fore sight to utilize a situation too their advantage and used the bills to see where they could go...

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