I pilfered another one . Don't know what to say except . Let's not get excited

[CaptainBVI]

DoD,

Thank you for your comments. You have validity but that is a different subject that will require at least a week post RV and a well stocked bar.

We're among friends and it's a safe place to vent.

We cannot change the world but we can help others survive it in our own ways.

We do what we can and that's my long term plan, "Post RV".

KristiD,

Turning over in their grave? DEFINATELY!!! I hope they figure out a way to get back here and help us straighten this mess out.

We're going to need it.

[gregp]

Great article Bluesky!! Lower denoms we go!!

[sandfly]

Thanks 

[yota691]

The Picture is from Facebook QI Key Card and it is a Questionnaire.... Are you a fan of the deletion of the zeroes of the Iraqi currency?

[climber7]

On August 16, 2016 at 0:24 PM, Wiljor said:

Nice one blueskyline, I'm with you all....proceed with caution, do not get excited yet. Oh Shiite, what the hell......

 I flagged this post accidentally. Sorry about that! 

[climber7]

FFS

Fat

Finger

Syndrome 

[SnowGlobe7]

mine is PMS

Paw Malfunction Syndrome

LOL I crack me up

[DinarAvatar]

There is a way to tell that the picture is fake by just glancing at it.  The "25 dinar" has the english side showing.  The bottom of the dinar where the value is spelled out in letters should say "Twenty Five Dinars."  But the first two letters appear to be "Fi."   It may spell out five but you would need the Twenty in front.  A 3rd grader let alone a bank wouldn't make a mistake like that.

[DinarAvatar]

9 minutes ago, DinarAvatar said:

There is a way to tell that the picture is fake by just glancing at it.  The "25 dinar" has the english side showing.  The bottom of the dinar where the value is spelled out in letters should say "Twenty Five Dinars."  But the first two letters appear to be "Fi."   It may spell out five but you would need the Twenty in front.  A 3rd grader let alone a bank wouldn't make a mistake like that.

I think that puts those bills in the fake category beyond a shadow of a doubt.

[blueskyline]

Are you a fan of the deletion of the zeroes of the Iraqi currency?............................(one of the responses)..Mako point of deleting the scratch if our arrangement behind Somalia at the rate of return for Waldo g saw b‘dsh beg .            

 

Somali central bank chief seeks new currency to rebuild nation                                                                                                    

http://uk.reuters.com/article/uk-somalia-economy-idUKKCN0VD1Z4

 

[blueskyline]

MONETARY POLICY

 

FRAME WORK 

The Central Bank of Somalia Act, Chapter II Art 2 Section (2) states the functions of the Bank:

The Bank exercise any type of central banking function and shall enjoy all the prerogatives of a Central Bank, and without prejudice to the generality of the foregoing shall in particular have the power to issue currency, regulate the banking and credit system and manage the external reserves of the Republic

OBJECTIVES OF THE IMPLEMENTATION OF MONETARY POLICY

 

The Central Bank of Somalia’s medium and longer-term monetary policy objectives are:

Price stability

Formulating and implementing monetary and exchange rate policies.

Maintaining and enhance the value of the local currency

Maintain financial stability

Harmonize and coordinate Government Fiscal policies with monetary policies.

 

[blueskyline]

1 minute ago, blueskyline said:

MONETARY POLICY

 

FRAME WORK 

The Central Bank of Somalia Act, Chapter II Art 2 Section (2) states the functions of the Bank:

The Bank exercise any type of central banking function and shall enjoy all the prerogatives of a Central Bank, and without prejudice to the generality of the foregoing shall in particular have the power to issue currency, regulate the banking and credit system and manage the external reserves of the Republic

OBJECTIVES OF THE IMPLEMENTATION OF MONETARY POLICY

 

The Central Bank of Somalia’s medium and longer-term monetary policy objectives are:

Price stability

Formulating and implementing monetary and exchange rate policies.

Maintaining and enhance the value of the local currency

Maintain financial stability

Harmonize and coordinate Government Fiscal policies with monetary policies.

 

Maintaining and enhance the value of the local currenc......interesting 

[Zeppy]

9 hours ago, DinarAvatar said:

There is a way to tell that the picture is fake by just glancing at it.  The "25 dinar" has the english side showing.  The bottom of the dinar where the value is spelled out in letters should say "Twenty Five Dinars."  But the first two letters appear to be "Fi."   It may spell out five but you would need the Twenty in front.  A 3rd grader let alone a bank wouldn't make a mistake like that.

That's the way it looks. The red note appears to say "Five Dinars". Now, if you look at the 25 number, the 5 is central, which would bear this out. The 2 however, looks a shade darker in colour, and appears to have been added to the side.

[blueskyline]

Somalia has untapped reserves of numerous natural resources, including uranium, iron ore, tin, gypsum, bauxite, copper, salt and natural gas. Due to its proximity to the oil-rich Gulf Arab states such as Saudi Arabia and Yemen, the nation is also believed to contain substantial unexploited reserves of oil"  ......

1 Somali Shilling equals

0.0017 US

[blueskyline]

BBC NEWS | Business | Riches of Somaliland remain untapped

BBC › uk › news › business

Mar 15, 2009 - Until Somaliland gets official international recognition it cannot exploit its rich reserves of natural resources. Although agriculture is the most successful industry, surveys showing how that Somaliland has large offshore and onshore oil and natural gas reserves.

[King Bean]

On 8/18/2016 at 3:04 AM, yota691 said:

The Picture is from Facebook QI Key Card and it is a Questionnaire.... Are you a fan of the deletion of the zeroes of the Iraqi currency?

I suggest we all get on Facebook and vote "YES, do it NOW!!".

[jcav]

Sorry. It's photo shopped.  Look closely at the 25.  It's not centered just like the 25K one.  Someone took the zeros out.