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Everything posted by MyLadiesDaddy
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Shabibi Interview....06/30/2013
MyLadiesDaddy replied to yota691's topic in Iraq & Dinar Related News
Have we told you yet today that we love you, man...? You're pretty smart for a guy! Read more: http://dinarvets.com/forums/index.php?/topic/154364-shabibi-interview06302013/page-2#ixzz2YxPDzf5n AAAAAWWWWWWEEEEEEEEE!!!!!!!!!!! I'm blushing now. -
Exchange rate of the dinar against the dollar 1.16
MyLadiesDaddy replied to TotalNewb's topic in Iraq & Dinar Related News
Didn't I just read that Shabbs said the purposes of the auctions was to control inflation and the exchange rate by reducing the money supply? CBI, look to and concentrate on the auctions. How the dinar comes in, how it is exchanged to the dollar. Read more: http://dinarvets.com/forums/index.php?/topic/154364-shabibi-interview06302013/#ixzz2YxJBNIvm That would reduce the dinar on the street. -
Shabibi Interview....06/30/2013
MyLadiesDaddy replied to yota691's topic in Iraq & Dinar Related News
There woman, don't you know they can do anything we can do!!!!!!!!!!!!!!!!!! only BETTER! -
Exchange rate of the dinar against the dollar 1.16
MyLadiesDaddy replied to TotalNewb's topic in Iraq & Dinar Related News
Those are some very good examples of what I was saying. Yes they do have strong economies now. But how long did it take to get there? And don't forget that Germany doesn't even use the Mark anymore. All I'm saying is that the good faith of the dinar would plummet in the event of an RD. Sure eventually they would recover and someday bring Iraq into the world economy, but that wouldn't happen for a long time. Also can you tell me if any other Arab country has ever rd? Of course they could, and they could also suffer the wrath of the Iraqi people. I don't think they would want to face that kind of retaliation. I thank you so much. Your too kind. -
i dont see one reason for military force being used in iraq today .unless iraq doesnt cooperate in the war on terrorism and helps forment terrorism in iraq Read more: http://dinarvets.com/forums/index.php?/topic/154329-further-proof-that-chapter-7-is-not-totally-lifted/#ixzz2YwUPL1sK You are correct, and I know better than to debate you on any subject. However, suppose that this entire thing was just some grand plan concocted for the sole purpose of money. IE getting Iraq to rv their currency thereby causing the greatest transfer of wealth in the history of mankind. Further, suppose that all of the sudden Iraq decided that they no longer wanted to play along. I would submit to you that wars have been started for much less. If that is the case I don't think the powers that be would let anything stop them from getting justice. At least in their eyes. Remember it cost trillions of dollars to bring Iraq to where they are today. For them not to bring the, "PLAN", to fruition could be very devastating to them.
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I don't think this is about the $11 billion, when you look at other news it seems more likely this is about getting Iraq to do something. Like rv maybe? Look at these It is clear from recent articles that the U.N. is putting pressure on Iraq since they let them out of ch 7. Threats of civil war, somehow Foreign fighters getting in to threaten Ramadan, and now a semi harsh reminder out of thin air about the remaining 11 billion owed to Kuwait, and the ramifications of that not being paid. Ya boys I think you better do something or get off the pot. Your about to have your world ROCKED! Read more: http://dinarvets.com/forums/index.php?/topic/154198-un-urges-iraq-to-pay-11-billion-to-kuwait/#ixzz2Yw18giy0 Add to that now we have seen the U.N. state twice after they released Iraq from ch 7 that Iraq is on the verge of civil war. I take such a statement as a threat to Iraq by the U.N. . My thinking on this is simple, doesn't it make the U.N. look culpable for letting Iraq out of ch 7 only to allow civil war? More like, "get this done or civil war will come". Just some studied speculation from a lowly truck driver Read more: http://dinarvets.com/forums/index.php?/topic/154200-maliki-receives-phone-call-from-biden-and-looking-with-developments-in-iraq-and-syria/#ixzz2Yw272dV8 Foreign fighters who entered Iraq to implement the "Battle of Ramadan" in the "Saladin" Read more: http://dinarvets.com/forums/index.php?/topic/154206-foreign-fighters-who-entered-iraq-to-implement-the-battle-of-ramadan-in-the-saladin/#ixzz2Yw2npZCG As Sandfly asked, how did they get there? Probably with the help of the CIA and the U.N. Biden calls for a tripartite meeting between Maliki and Barzani Najafi and emphasizes the need for convergence between the blocks to spare Iraq risks chaos Read more: http://dinarvets.com/forums/index.php?/topic/154200-maliki-receives-phone-call-from-biden-and-looking-with-developments-in-iraq-and-syria/page-2#ixzz2Yw3RUdnk For me this is as clear a day, THERE THREATENING THEM!
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Exchange rate of the dinar against the dollar 1.16
MyLadiesDaddy replied to TotalNewb's topic in Iraq & Dinar Related News
You got that right, and it seems that the U.N. is putting the pressure on the also; see this yota691, on 13 Jul 2013 - 08:03 AM, said: To my count this is the 3rd time that the U.N. has made a vague threat to Iraq. I am beginning to think that these fools had better do whatever it is they were supposed to do with the dinar or there gonna be in BIG BIG TROUBLE. Read more: http://dinarvets.com/forums/index.php?/topic/154198-un-urges-iraq-to-pay-11-billion-to-kuwait/page-2#ixzz2YvxGMLAW -
UN urges Iraq to pay $ 11 billion to Kuwait
MyLadiesDaddy replied to yota691's topic in Iraq & Dinar Related News
To my count this is the 3rd time that the U.N. has made a vague threat to Iraq. I am beginning to think that these fools had better do whatever it is they were supposed to do with the dinar or there gonna be in BIG BIG TROUBLE. -
Exchange rate of the dinar against the dollar 1.16
MyLadiesDaddy replied to TotalNewb's topic in Iraq & Dinar Related News
Brother, ya know full well that Iraq is not getting by on only 30 some billion dinar. More like dinar and what seems to be a limitless amount of dollars. I can't remember how many times I've read how that the Iraqis use only dollars. Even yesterday someone posted a pic of a vegi isle in a super market and the prices were in dollars. The CBI sells dollars to buy dinar, dollars dollars dollars. Now the GOI and the CBI say they want to return to the GLORY DAYS of dinar before Saddam. And I believe them. I have learned a thing or two about all this over the yrs and I will bet the farm that you will NEVER SEE Iraq L O P. Forgetting all the usual arguments, Iraq isn't Turkey bla bla bla, Iraq, and EVERY OTHER COUNTRY uses a fiat currency. To use the laymen's terms, a currency that is backed solely by the good faith of the people. For example our own government has recently been printing 80 billion dollars a month for nearly a yr. But the U.S. Treasury has kept those dollars locked up in there vaults. Now were talking about some 3 trillion $. If the U.S. Treasury were to suddenly dump those dollars on the street the effect would be devastating. The public FAITH in the dollar would drop so fast it would seem overnight. It wouldn't matter what the Federal Reserve said the dollar was worth the prices of goods on the street would shoot through the roof. The dollar would be dropped by every country in the world. IT WOULD BECOME WORTHLESS. The real question here is, Why print that many dollars then? But that's whole other subject. What I have just done is show what would happen if the populous looses FAITH in the dollar. Now consider this scenario, The CBI does l o p the dinar as you suspect. What do you think the average Iraqi would think about that? Even if it were a neutral event, no harm no foul, for the person in the street; I would submit to you that the FAITH in the dinar would plummet. The average person would think themselves to have been screwed by their own government and the CBI so much so that no one would use the dinar ever. They have, after all, so many dollars. And that currency is STRONNNNNGGG. At least everyone thinks it is. Now you may say, they wouldn't know the difference and therefore wouldn't care, but I disagree. They have been awaiting this event more than you or I, and they know what Turkey did. They know that Turkey still hasn't fully recovered from their l o p. And they understand, just as much as you or I, what is going on with the dinar. A L O P would destroy any and all FAITH in the dinar. I would even submit to you that every country who has done a L O P has experienced this, loss of faith, I am referring to. Also NO country that has L O Ped has ever amounted to a hill of beans in the world economy. NOT ONE. Iraq wants to become a world leader and to do that they need a POWERFUL CURRENCY, and that requires the good FAITH of not only the Iraqi people but the world as well.- 233 replies
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I agree 100% with you there brother. May be that I can get too rhetorical with flowery words but, yes, the value of a currency is solely in the faith that people give to it. And like a gold rock that someone dug out of the ground it then does carry value. I believe that is why Iraq keeps telling it people how rich they are and how undervalued their currency is. These two things will in and of itself bring that value up. At least in the minds of the person wanting to buy those socks.
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UN urges Iraq to pay $ 11 billion to Kuwait
MyLadiesDaddy replied to yota691's topic in Iraq & Dinar Related News
So more lies and misinformation, What a mess these people are. -
All currency at this time is fiat currency, The value of any currency is simply what the banksters say it is. Nothing more. Of course those banksters can only make it work if the populous has faith in the currency. That is why I have never believed the L O P scenario for Iraq. Whether it would hurt the citizens of Iraq or not is a mute point, the people would consider it to be a way of the banksters and the politicians to screw them and would never trust the currency after that. Furthermore, all currency represents a debt owed, with one exception, Iraq. pretty much all of their debt was forgiven. So if the CBI comes out and tells everyone for several days how beautiful and dirty rich they are, and the GOI comes out telling everyone how undervalued the dinar is. And thereby convince the populous that these things are true, then when the CBI SUDDENLY says the dinar is worth 3 to 4 dollars the populous will have faith in the dinar. The world will believe it to be worth much more and will not argue about how Iraq has come out so high. We will cash in thinking what a wonderful day it is. Still in reality it is only a worthless piece of paper, like all currencies. Read more: http://dinarvets.com/forums/index.php?/topic/154227-serious-dinar-question/#ixzz2Yq0Kj4WY
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UN urges Iraq to pay $ 11 billion to Kuwait
MyLadiesDaddy replied to yota691's topic in Iraq & Dinar Related News
Really! I didn't catch that, But then when I drive it's usually takes all of my time. Can you give me the link to that? I would love to read the story. -
But that is making the wrong assumption that currency has some intrinsic value. It does not. All currency at this time is fiat currency, The value of any currency is simply what the banksters say it is. Nothing more. Of course those banksters can only make it work if the populous has faith in the currency. That is why I have never believed the L O P scenario for Iraq. Whether it would hurt the citizens of Iraq or not is a mute point, the people would consider it to be a way of the banksters and the politicians to screw them and would never trust the currency after that. Furthermore, all currency represents a debt owed, with one exception, Iraq. pretty much all of their debt was forgiven. So if the CBI comes out and tells everyone for several days how beautiful and dirty rich they are, and the GOI comes out telling everyone how undervalued the dinar is. And thereby convince the populous that these things are true, then when the CBI SUDDENLY says the dinar is worth 3 to 4 dollars the populous will have faith in the dinar. The world will believe it to be worth much more and will not argue about how Iraq has come out so high. We will cash in thinking what a wonderful day it is. Still in reality it is only a worthless piece of paper, like all currencies.
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All the talk in the world about how rich they are and how fast they intend to grow isn't going to stop the PTB from raining hell fire down on Iraq if they don't get the show on the road. There are some dark clouds looming on the horizon for Iraq. Just look at the kinds of news coming out of the U.N. .
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**Looks like China is making a move on their currency**
MyLadiesDaddy replied to easyrider's topic in Foreign Currencies
True that, but it's really just a matter of simple economics. I don't care how much the Obama Administration keeps telling us that the economy is improving, I see a much different thing when I drive my truck. Just went through Eloy Az. this week for the first time in several yrs. I can tell you that city has become a ghost town. Businesses that you'd never would have thought to go bankrupt are now empty skeletons. It was truly sad to see. And it's not just that one town, all across America I see the same thing every week. At the present rate if you want to know what America will look like in ten yrs you need only to visit Detroit, or take a trip to El Paso Tx. and look across the Rio Grand at Mexico. This harsh downturn in our economy has a very devastating effect on China as they make most of their money off of us.