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DinarThug

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  1. CNN. The Clown News Network. Our Idea Of 'Camping' Is In A Brand New RV ! Mailman17's chat 3/02/12 mailman17 (20:53:00): EVENING PEEPS..I HAVE SOME EXCITING NEWS moose: oooh, do tell mm17 unless it's geico Cheeks: let it rip mailman17: UNNOFFICIAL SOURCE TELLS ME SADR, MALIKI, ALLAWI AND POSSIBLY HASHEMI WILL BE CAMPING TOGETHER IN ONE TENT THIS WEEKEND AND LOOK FORWARD TO SINGING COOM-BY-YA AND EATING SMORES BY THE CAMPFIRE I WILL LET YOU KNOW IF I GET ANY MORE INFO' Cheeks: lol ... guardian: I sent an email asking how to apply for that Currency Redenomination Advisor/Consultant (Ankara, Turkey) and got a reply... drum roll....... mailman17: And? glk: waiting .... mailman17: OVER QUALIFIED? guardian: Please e-mail me you resume so that I may forward for consideration. Thank you, Jacque Warren Metrica Human Resources Metrica is a legitimate company moose: hope you get the job, guardian!! lol mailman17: NEVER TRUST A MAN WITH A FRENCH NAME... guardian: hehehee just FYI, take it for what you think it's worth glk: Are you coming out of retirement ??? LOL mailman17: ONE LITTLE SIDE NOTE TO THINK ABOUT glk: Wow, what an oppurtunity, what is the pay ? LOL guardian: probably nothing Cheeks: 1.17 guardian: lol no way do i want a job lol mailman17: I WOULD BE GLAD TO WRITE YOU A REFFERAL GUARDIAN...BUT I DONT WANT TO LOSE YOU... glk: and I'm trying to retire from mine, anyone else want to apply ? mailman17:YOU UNFORTUANTELY ALONG WITH ALL OUTR NEWS HOUNDS ARE IRREPLACEABLE NOW..LETS SEE...IRAQ? LOL OH YEAH guardian: no thanks anyone feel free to apply mailman17: IT WOULD SEEM THAT THE ARAB NATION SECURITY TEAM GAVE A THUMBS UP ON IRAQS PREPAREDNESS FOR THE UP COMING SUMMIT..YES AND NEWS POINTS TO THIS BEING A HELLUVA HOEDOWN EXCEPT FOR ONE THING ANYONE? IF MALIKI THINKS FOR ONE MINUTE...THE ERBIL WONT GET DONE PRIOR...HE TRULY IS THAT **** THERE IS NO WAY IN ***...ALLAWI, THE KURDS AND SADR WILL ALLOW HIM TO GO TO THAT SUMMIT AS PRIME MINISTER WITHOUT EVERYTHING AGREED UPON DONE AND INTO LAW THATS WHAT I AM WAITING FOR...NEWS ON THAT AND IF MALIKI AGAIN...IS SO *** AS TO THINK THOSE 3 WONT GET A NO VOTE...WITH NUJAFI RUNNING THE SHOW... THINK AGAIN I LOOK FOR SOMETHING...TO COME OUT BEFORE SUNDAY REFERRING TO THE CONFERENCE BEING BACK ON AND THEN THERES OUR VERY BEST FRIEND SHABS...LOL HE CANNOT BE MORE OF A GRACIOUS HOST THAN HE HAS BEEN...IN GIVING US AND THE PEOPLE OF IRAQ...THE DETAILS TY SHABS glk: Shabs is pushing this thru for sure, he wants it done too ! mailman17: OK..JUST A SHORT BLURT OUT TO ALL MY PEEPS...YO! YES HE IS AND HES USING THE MEDIA TO HIS ADVANTAGE CLEVER AND I DID SEE YOUR CONVERSATION A LITTLE WHILE AGO REFERRING THE 1.17 IN THE BUDGET NOW...DID SHABS RELEASE A RATE WE DIDNT HERE ABOUT?...NO AND YOU WONT SEE THAT BUDGET GO EFFECTIVE TILL THEN WHICH ALL LEADS TO THE SUMMIT THE BIG QUESTION IS THIS WHO WILL REPRESENT IRAQ AS PRIME MINISTER? MALIKI...IF YOUR WATCHING THIS FORUM...TAKE MY ADVICE glk: Forcing Maliki into a corner, gotta love it ! mailman17: SUCK IT UP AND GIVE WHAT YOU PROMISED OR YOU CAN KISS YOUR*** GOODBYE..(6) Bam Bam: lol I ok'd malikis membership last week lol mailman17: JUST A LITTLE FRIENDLY ADVICE FROM THE US POSTAL SERVICE.. BECAUSE WE DELIVER FOR YOU(lol) BAM mpw: lol ty mm17 Bam Bam: thanks MM17 I hope someone posts your chat from the last part I got a feeling it was good one lol mailman17: THAT WOULD MOSTLIKELY BE THE MOST EMBARRASING THING THAT COULD HAPPEN TO HIM IS TO BE REPLACED RIGHT BEFORE IRAQS COMING OUT PARTY....AND AGAIN...I HOPE HE TAKES THIS ADVICE BAM...YOU KNOW ME...ALWAYS UPLIFTING(6) Bam Bam: oh it would be embarrasing wouldn't it.. mailman17: THE ULITIMATE EMBARRESMENT TO AN ARAB SEE YA guardian: searching my memory bank, i do not remember seeing Shabibi say 1.17, anyone else? Bam Bam: and if that summit came on schedule with out a hick-up that would even better .. lol mailman17: DONT LET THE DOOR HIT YOU IN THE *** NO...BUDGET SHABS HAS ONLY REFERED TO PAR IF MY MEMORY SERVES ME WHICH IS 1.17 BASED ON THE DOLLARS VALUE YES? slow: yes carrottop: yep mpw: smile yup mailman17: GUARDIAN...HE DID MENTION IT TO ME ON A BRIEF TEL CONFERENCE CALL WE HAD LAST NIGHT, BUT I AM NOT SUPPOSED TO TELL ANYONE<) SHHHHHHH!!!!!!!!!!!!!!!! guardian: oh sure mpw: (F) mailman17: SO HOW IS EVERYONE TONIGHT....BRIGHT EYED AND BUSHY TAILED? carrottop: your secret is safe guardian: lol ah not really mpw: yes watching gold rush mailman17: AWWWW MPW..THATS SWEET..(L) mpw: lol slow: sitting and relaxing befor grading tests lawlesslucy: i'm bright eyes but not bushytailed lol glk: Watching the weather channel mailman, is it snowing up there ? lawlesslucy: i dont know who got retta and i in but THANKS! mailman17: WELL...I STILL SAY..WE ARE GONNA SEE SOMETHING REGARDING THE CONFERENCE...AND IF NOT...PROCEEDINGS AGAINST MALIKI.....EITHER WAY IS FINE FOR ME...KEEP YOUR EARS OPEN..AND STAY FOCUSED... GN GUYS AND GALS...ENJOY THE NIGHT.... mpw: will do glk: will be watching, bye mailman guardian: we'll keep an eye out for the Erbil glk: Erbil who ? LOL mailman17: THE 1170 TO 1.17 IS IN THE ARTICLE REGARDING GETTING HELP PRINTING THE NEW CURRENCY...FOOD FOR THOUGHT....LOL
  2. I Thought That U Had Astroturf ? :D
  3. CNN. Broadcasting While My Camel Is Getting Towed From A Handicapped Parking Spot In Downtown Baghdad ! Shhhh, Don't Tell Cooked Or He'll Tell A Camel Tow Joke ! 3-2-2012 Guru Med I SEE THEY WANT ASSISTANCE IN PRINTING A CURRENCY THAT IS MUCH BETTER THAN THE ONE NOW OUT...IN ONE OF THE BEST ARTICLES IT CLEARLY STATES THAT THE RATE WILL GO FROM 1170 TO 1, TO 1.17 TO 1. 3-2-2012 Guru Doc Iraq continues to progress toward the end goal. We have seen the budget become a reality. We are seeing in several public statements Kuwait supporting the removal of chapter 7...it has been reported Maliki will go to Kuwait to "seal" the deal very shortly...the factions concerning HCl are playing nice again. One news release suggested a vote could come as early as next week. Even the CBI/currency laws are all over the news. Several articles discussed the need for laws to be enacted to re-index the financial systems post currency reform. The article was very clear that Parliament still needed to approve the new currency. all the key issues we believe that need to be addressed for the RV are now highly visible in the public domain. This typically means the under the table deals are on going. Remember Parliament returns to session March 6. Over the next few weeks watch whats being voted on in Parliament. We maintain the RV will not be triggered until these things are voted in place. 3-2-2012 Guru Doc We continue to caution all not to get caught up in the hype of a single event...The simple reason is the RV in not about you or I or a single event. It is about Iraq becoming part of the world community again. We have seen several reports where world leaders have told Iraq the things they need to do to be part of the world community ie release from ch 7, entry into WTO, etc. The good news is Maliki and company appear to finally get it. Just keep in mind this is about Iraq getting its ENTIRE house in order and not a single event. We continue to warn all there will be those that continue to "call" the RV with every single event and its nothing but continued hype as its been in the past. We report, you decide. 3-2-2012 Guru asdf I was hoping today [Thursday] that we could see some changes economically in Iraq...we did not. This is a live & fluid situation... things are progressing, moving along. When will they initiate the new plan of dropping the zeroes & dropping the artificial program rate...we just do not know, hopefully soon. Was the budget implemented today...we don't know... conflicting information everywhere. Things are moving along. 3-1-2012 Guru Breitling Iraqi's are still using dinar, you can't pull all of it off, it would cause harm. They have to maintain some type of liquidity within the country until they pass the law. Shabibi and Saleh keep talking about getting rid of the 3 [0 notes?] notes. The whole process is to raise the value of the currency. In Iraq, it is going to be an even swap, it's going to be $1.17 for the old currency & they will have a certain amount of time to get in the new currency & it's going to be $1.17.
  4. CNN. Broadcasting With A Beatlemania Mop Top Haircut ! 03/01/2012 MED says to (20:57:04): JUST FOR THE SAKE OF BELIEVING THEIR SEPTEMBER DATE ON THE ISSUE AND NEW RATE OK WE ALL KNOW IT IS A NEW RATE AND IT SEEMS IT WILL BE 1.17 TO 1 LOOKING AT EVERY ARTICLE THAT CAME OUT AND WHO PUBLISHED THEM I SEE THEY WANT ASSISTANCE IN PRINTING A CURRENCY THAT IS MUCH BETTER THAN THE ONE NOW OUT AND IT IS PRETTY OBVIOUS WHY THEY DONT HOLD UP WE KNOW IT WILL BE PRINTED IN EUROPE SOMEWHERE WE HAVE BEEN GIVEN THE NEW FILS AND HARD CURRENCY NUMBERS AS IN ONE OF THE BEST ARTICLES IT CLEARLY STATES THAT THE RATE WILL GO FROM 1170 TO 1 TO 1.17 TO 1 ... I MYSELF AFTER READING EVERYTHING OK THIS WEEK STILL DONT UNDERSTAND WHY THEY PUBLISH ALL THIS BUT HEY IT IS IRAQ AND THEY HAVE SENT OUT SO MANY CONFUSING SIGNALS THEY HAVE FORCED THEMSELVES TO DO THIS OR IT WILL BE A FAILURE THEY HAVE CRIED WOLF SO MANY TIMES WELL SALEH HAS AND IRAQ HAS BEEN WAITING FOR SO LONG BASED ON HIS ANNOUNCEMENT AFTER ANNOUNCEMENT SINCE THE ISTANBUL CENTRAL BANK SUMMIT IN 09 NOW THEY HAVE TO GO OUT AND LOBBY FOR THE IRAQI PEOPLE TO BELIEVE IN THEM AND THAT IT IS REALLY HAPPENING AND TO GIVE THE DINAR A CHANCE DID THE BEATLES SING THAT SONG ON NO OH NO IT WAS GIVE PEACE A CHANCE WELL THAT SONG FITS IRAQ ALSO OH I SEE I WAS SPOT ON THEY WANT TO NOW CANCEL THE NATIONAL CONFERENCE I SAID THE MORE MEETINGS THEY HAD THE MORE TEMPERS WOULD TAKE OVER AND IT WOULD ALL FALL APART MAN ARE THEY PREDICTABLE NOW TO ME THE SEPTEMBER IS VERY FEASIBLE BASED ON THE COUPLE THINGS THEY HAVE TO HAVE DONE FIRST DESIGN AND MINT AND PRINT THE NEW CURRENCY AND THEY SAID THEY WILL BE DOING A MASS EFFORT TO ASSURE THE PEOPLE OF THE VALUE OF THE NEW DINAR AND PLEADING FOR THEM TO USE IT AND NOT THE USD CUZ IT WILL HAVE THE SAME VALUE WE ALSO KNOW THEY WANT TO USE IT INTERNATIONALLY AND TO MAKE ECONOMIC TIES WITH THE U.S. USING THE NEW RATE AND TRADEABLE CURRENCY SO TO ME WE ARE JUST IN FANTASTIC SHAPE I EXPECT MORE AND MORE TO COME AND THE DINAR TILL IT DOES REVALUE WILL BE IN THE NEWS OVER AND OVER MOSTLY CUZ THEY HAVE TO EDUCATE THROUGH ALL MEANS ALL WE HAVE TO DO IS WATCH AND OUR DAY WILL COME AND ALL THIS WILL BE OVER QUICKLY NOT SOON LOL OK I AM ABOUT OUT OF BATTERY GANG I WILL BE BACK ON TOMORROW duke says to (21:09:28): well hopefully by september we wil see our rv peeps mpw says to (21:09:31): ty med good to have you back jessieboy says to (21:09:31): Bye med, enjoy yourself:-* glk says (21:09:39): Great seeing you med ! I can post here in a second ? MED says to (21:12:06): REVEL IN THE GREAT NEWS FROM THIS WEEK : IT WAS THE MOTHER LOAD GN ALL TY FOR BEING PATIENT ON ME GETTING BACK ON YW MED OUT
  5. (Thug's Secret For Fighting Fatigue) News Happens 24 Hours. That's Why We're Up At The Crack Of Noon ! - CNN Thx Zig ! Lmao !
  6. CNN. Broadcasting From A Wendy's Drive Thru In Baghdad. We're 'Roiding Up On Performance Enhancing Baconators In Preparation For The New Pink Piggy Contest ! PIGGY PIGGY PIGGY !!! 3-1-2012 Newshound Guru Mike We talked about the Erbil agreement...how they sign for contracts. WE ARE EXCITED to see an article that Bagdad has AGREED TO THE EXXON MOBILE DEAL...which was a big point we thought was going to be one of those things that 2 weeks ago...we were reading articles telling us that Exxon couldn't do this...that it was a violation of the constitution..blah blah blah...All of sudden Baghdad comes out and says this is good..lets go ahead and lets move forward from it. THAT IS A SIGN THEY ARE GETTING READY TO MOVE FORWARD WITH THE OIL & GAS LAW. 2-29-2012 Guru asdf This came out Tuesday, the 28th from the CBI... everything is ready to delete the 3 zeroes, all work is complete and said it will be announced and implemented at the same time...they are waiting on word from the government, waiting on approval. This is a pre- announcement. You won't hear anything else until it is announced. 2-29-2012 Guru Doc Several have asked about the RV being in the budget and it must be announced before the budget goes live. We maintain both of these premisses are incorrect. First, a RV is not built into the budget as we detailed a few updates ago. Secondly, a recent article stated that GOI persons do not believe oil will fall below $100 per barrel for 2012. Remember the budget assumed $85 and the shortfall was to be cover by funds from the Development Fund of Iraq. If oil averages $105 for the year then there is NO shortfall in the 2012 budget and Iraq does not need to tap the DFI or borrow either. As yes this is all at the 1170 exchange rate. Do not get caught up in the RV has to happen for the budget hype. It is not correct. We report, you decide. 2-28-2012 Guru SteveI Here is what I am looking for in order for me to...be more positive. I want to see the GOI done, announced. I want to see the Erbil and HCL done and put into law. I want to see the budget actually open and activated. I want to see Chapter VII fully lifted and announced. As these things get done, the better things will start to look. March is a great window, however I personally like to be more conservitive. 2-28-2012 Guru Mailman17 THE BUDGET IS APPROVED AND SET TO GO LIVE MAR 1 BUT IT NEEDS A RATE AND SHABS HOLDS THAT KEY. NOW IF BY CHANCE...THE GOVT IS NOT DONE...AS PER SHABS REQUEST...HE COULD MOST LIKELY HOLD OFF THE RATE HENCE HOLDING UP THE RELEASE OF THE BUDGET...WHICH IS FINE CAUSE WE BOTH KNOW THIS IS COMING DOWN PRIOR TO THE SUMMIT...LAST MINUTE T'S AND I'S. 2-29-2012 Newshound Guru Mike Iraq has sent Foreign Ministers over to Kuwait to put on the finishing touches for the negotiations that are going on to get them out of chapter 7. It is my opinion it is NOT IF they are getting out of Chapter 7...ITS A MATTER OF WHEN... it is my best opinion it is going to happen at the Arab Summit...either right before that or the first thing they announce coming out of the gate...so we are very excited that is another thing that is going to be crossed off the list.
  7. Piers Morgan Just Interviewed Mickey Dolenz On That <cough cough> "Other" CNN Tonite. It's Scheduled To Repeat A Couple Of More Times Tonite For Any Monkees Fans That Want To See It. B)
  8. CNN. Broadcasting While Licking An Ice Cream Cone During A Sand Storm In Baghdad. Funny, I Don't Recall Ordering One With Sprinkles ? 02/29/2012 Greetings don't promote other sites Members. I just wanted to give you a quick update. I feel that our sources are pretty darn reliable. After Millionday posted an actual article on what Ray's contacts stated the the other day, I wanted to share what I am hearing. Now I have not had a change to confirm this by other sources and contacts, but I will go with what I got. ... I am hearing and being told that the final ministers will be presented to the public the week of March 8th. Abvously things can change at the drop of a pin, but until I hear differently, I will share this. I am also hearing that Maliki is set to go to Kuwait mid March to wrap up the necessary Chapter VII issues. I do think progress is being made, however all it takes is one issue to delay the inevitable. Stay positive and let this play out on the timeline that the Iraqi's deem fit. Have a great week and even better weekend. Blessings, Steve Related Article Maliki to visit Kuwait by mid-MarchFebruary 29, 2012 Baghdad (AIN) –The Iraqi Embassy in Kuwait announced that "The Premier, Nouri al-Maliki, will visit Kuwait by mid-March. An informed source stated to AIN "Maliki, during his visit, will discuss a number of pending issues including the means of relieving Iraq from the 7th Chapter of UN's Charter, Kuwaiti Captives' issue, the disputes over the borders and the Iraqi compensations to Kuwait." Earlier, the Minister of Foreign Affairs, Hoshyar Zebari, handed over the official invitation for the Kuwaiti Emir to attend the upcoming Arab Summit in Baghdad. http://www.alliraqne...itical&Itemid=2 Related Article Kuwaiti newspaper: Maliki to visit Kuwait on March February 28, 2012 Baghdad (AIN)-The Kuwaiti Qabas Newspaper mentioned that "The Iraqi Premier Nouri al-Maliki will visit Kuwait to discuss possible settlement for the pending issues between both countries next March." The newspaper stressed that "Among the pending files are the MubarakHarbor, maintaining borders demarcation and non identified maritime borders between Kuwait and Iraq." "Treating these files will help to maintain trust between both countries," according to the Kuwaiti newspaper. http://translate.goo...7%26Itemid%3D56
  9. Wah ! I'm Putting On My Sad Clown Face.
  10. Yo Snap ! A New Pink Piggy Contest ! I Hope That There Won't Be Any Testing For Contest Enhancing Substances ! I'm Hitting The Drive Thru At Wendy's For A Baconator ! :D Thx for the Chat Adam ! And Thx Kcw as Always for posting It So Quickly !
  11. Thx for the Heads-Up Broke ! I'm On An Ipad + Can't Get In To Chat But KCW Is Always Very Quick About Getting The Transcript Posted ! Btw, Does Anybody Else Feel A Draft In Here ? :D
  12. Of Course Its Not The 1st Time That Somebody Thought I Was Disturbed ! :D
  13. When That Text Arrives, Who's Gonna Waste Time Getting To The Bank By Putting On Clothes ? :D
  14. Maliki Was Just Spotted At A Department Store In Baghdad Purchasing A New Evening Gown To Be The Belle Of The Ball ! :D
  15. I Ordered A Trento At Starbucks This Morning ! Oh Wait, Maybe It Was A Trenta ! :D Thx Umbertino Or As Texas1 Refers To U - Larry Smith From Omaha, Nebraska !
  16. Here Is A Copy Of An Article In The DV News Section That Might Be The One Which Med Is Breaking Down. 2 - 26 - 2012 A source at the Central Bank of Iraq weeks before the government's intention to change the currency by deleting three zeros from the right side of the categories of the current currency, any division of denominations present on A, and thus become a category one thousand dinars, the current, for example, equal to the new dinars and the five thousand is equal to 50 new dinars and a thousand percent, equal to a hundred new dinars. And will be the new currency in 2013 and the establishment of the new currency will take place of the current two-year void at the end of the old currency, but banks will continue to receive for 10 years after the switch for the purposes and not for circulation. The source added that the purchasing power of the new currency will remain equal to the value of the current purchasing power of currency. Valslah worth a thousand dinars, which now becomes the new dinars worth of currency, which the current value of becoming a million dinars worth a thousand dinars, and so on. Because of the importance of the topic and some people have a misunderstanding as there are those who believe that it is possible to make profits from the current Iraqi dinar buy and sell in the post, you should ask two questions - first: What is the government's goal of this change? The second: How will the government, especially the monetary authority, to ensure the relationship between the two currencies offsetting existing and new so as not to cause harm to any of the switch? It can be said in answer to the first question that the Iraqi dinar was until 1981 partly covered with gold and foreign currencies (70 percent), and partly because the Iraqi treasury permissions Iraq was applied to the vestiges of the gold standard. In order to maintain the cover, successive governments have continued to link fiscal policy, especially current expenditure and investment expenditure in the case of balance of payments, an increase of the revenues from Iraqi foreign assets, especially oil export revenues, reserves of gold. The success of this linkage applied administrative restrictions on foreign exchange, both, trade in goods and services, and capital movement, and applied monetary and fiscal policies of the province. Iraqi dinar remained a result, maintaining a stable exchange rate and the official of $ 3.2 of the dinar. The Iraqi dinar has as large a store of value inside Iraq and in foreign markets, especially markets of neighboring countries. But after the disappearance of Iraq's vast reserves of foreign currency after the outbreak of the Iraq war - Iran and the impact of the high costs of the war, the government left the labor law of the currency and started to spend without quantitative restrictions, which led to a continuing decline in the Iraqi dinar exchange rate in the value of purchasing power. And increased economic blockade imposed on Iraq in 1990 it worse. Despite the government's adherence to the Iraqi official exchange rate of $ 3.2 of the dinar in official dealings, highlighted the developments of the last price is the price of dinars on the black market, which is determined by the forces of supply and demand, and reached the price of three thousand dinars to the dollar. After the occupation of Iraq and the lifting of the ban on exports of oil reserves of the country and abroad, and turning to the Iraqi Central Bank to regulate the daily auctions for the sale of currency for the banks, the value of Iraqi dinar than three thousand dinars to the dollar to about 1125 dinars now. Deprived the Iraq war - the economic blockade of Iran and the Iraqi dinar after a lot of consideration as a store of value and medium of the circulation, causing the transformation of most of the transactions to the dollar. And thus the dollarization of the economy got in Iraq. It will be the first impact of the decision to change the currency to the rehabilitation of the dinar and make way for all denominations, including small to find its way back to trading as well as to end the dollarization of the economy and return to the Iraqi dinar to deal only. As for your second question, and most importantly, Vldman offsetting the relationship between the two currencies existing and new, you need the monetary authority to issue instructions provided on the following: Divided the Iraqi government expenses, including salaries of staff at A as well. The civil servant who receives currently 1.5 million dinars become a new salary of 1500 dinars, divided the prices of goods and services on A as well, becomes a commodity that is worth a thousand dinars and the dinars, equal to the censoring effect. And divide the existing debt on individuals and the government, companies and the banking sector A as well, the person that his trust to the bank becomes a current million dinars his trust again. And take all the courts and judicial authorities in this division, upon receipt of specific complaints. But if the dollar of the debt shall continue to fulfill it to the dollar. As well as bank deposits are divided over a thousand. But the monetary authority will continue to face more difficult task is to determine the exchange rate of the Iraqi dinar. Will resort to install it to the dollar or a basket of currencies or managed float method of tracking any leave, as is currently the case, is determined by the forces of supply and demand within the margin of acceptable power to intervene to maintain. The most appropriate option for the conditions in Iraq as a developing country is to stabilize the exchange rate, both against the dollar or to a basket of currencies, and choosing the appropriate exchange rate because the official exchange rate of the previous $ 3.2 of the dinar was originally overstated and should be chosen exchange rate less may be the price at which the link dinar against Currently the dollar after dividing it into a thousand dollars to 1.125 dinars a good price. My link Read more: http://dinarvets.com/forums/index.php?/topic/107369-change-the-iraqi-currency-and-the-expected-effects/#ixzz1nbaoeSy4 B)
  17. CNN. Broadcasting A Maliki To The Media ! 02/27/2012 MED says to (05:45:16): GM DS IF YOUR LURKING I SUGGEST YOU SAY GM CUZ I HAVE SOME IMPORTANT STUFF THIS MORNING I THINK IT IS IMPORTANT ENOUGH TO DISCUSS LINE BY LINE DID YOU ALL GET MY EMAIL I SENT IT OUT ABOUT 1:00 AM OR 1:30AM OK LETS GET STARTED A source at the Central Bank of Iraq weeks before the government's intention to change the currency by deleting three zeros from the right side of the categories of the current currency I CUT THE PARA CUZ THIS WAS MISSED A source at the Central Bank of Iraq weeks before the government's intention to change the currency by deleting three zeros from the right side of the categories of the current currency NOW IF THEY WERE RELEASING IN SEPTEMBER WHICH IS A GOOD 6 MONTHS AWAY THEN THE PHRASE WEEKS WOULD NOT APPLY ... BUT IF WE ARE TALKING MAY THEN IT WOULD THIS WAS A LEAK TO THE MEDIA FROM SOMEONE WITHIN CBI IT IS PRETTY SIMPLE TO UNDERSTAND AND TO ME A HUGE BLUNDER ON SECURITY FOR CBI BUT TO ME THAT IS NOT OUR PROBLEM IT IS AS WE SAY IRAQ AND NOTHING IS SACRED SO NOW THEY ARE SAYING WEEKS AWAY THIS IS HUGE NEXT And will be the new currency in 2013 and the establishment of the new currency will take place of the current two-year void at the end of the old currency, but banks will continue to receive for 10 years after the switch for the purposes and not for circulation. THIS IS NOT LIKE MANY MISUNDERSTOOD WHAT IT IS SAYING IS THAT 2013 IS THE OFFICIAL TIME FRAME THE NEW DENOMS WILL BE THE ONLY IN CIRCULATION ACCEPTED NOT THAT IT WILL COME OUT IN 2013 SO IT WILL BE APPROXIMATELY ONE YEAR OUT ALONG WITH THE CURRENT DINAR NOW TO ME DINAR WILL BE DINAR IF THEY WERE TO CHANGE THE NAME THEN YES WE ARE SCREWED BUT IT IS NOT CHANGING SO TO MAKE ALL ABLE TO UNDERSTAND 2013 IS THE END OF THE LARGE AND THE NEW WILL BE THE ONLY OUT FOR USE NEXT The source added that the purchasing power of the new currency will remain equal to the value of the current purchasing power of currency. NOW YES THIS IS TRUE AND IS NOT ANYTHING NEW INTERNALLY IT WILL SEEM TO HAVE NO CHANGE BUT IT DOES CHANGE ALL THE VALUES OF GOODS AND SERVICES WILL ALL BE REDONE TO ACCOMADATE THE NEW LOWER DENOMS WITH A RATE OF EXCHANGE OF 1.25 OR 1.17 WHATEVER THEY HAVE REALLY DECIDED ON NOW WILL THEY BE ABLE TO BUY MORE WITH THE NEW DENOMS INTERNALLY NO OF COURSE NOT BUT AND WE WILL ADDRESS THE BUT LATER NEXT Valslah worth a thousand dinars, which now becomes the new dinars worth of currency, which the current value of becoming a million dinars worth a thousand dinars, and so on. THIS IS ALSO TRUE BUT THEY ARE TALKING INTERNALLY THIS HAS TO BE REMEMBERED SO NOT TO BE CONFUSED ON WHAT IS HAPPENING EXTERNALLY AND HOW MUCH INCREASED PURCHASING POWER THE NEW RATE OF 1.25 OR 1.17 WILL BE HAVE NEXT MED says to (06:01:54): Because of the importance of the topic and some people have a misunderstanding as there are those who believe that it is possible to make profits from the current Iraqi dinar buy and sell in the post NOW THIS IS ALSO TRUE I HAVE SAID THAT THOSE INSIDE IRAQ WILL NOT PROFIT THEY ALREADY HAVE BY THE SALE OF THE DINAR TO EXTERNAL SOURCES YOU CANT DOUBLE DIP TO MY WAY OF THINKING THE PEOPLE OF IRAQ ARE NOT INVESTORS THEY WERE INVESTED IN NEXT MED says to (06:04:11): The second: How will the government, especially the monetary authority, to ensure the relationship between the two currencies offsetting existing and new so as not to cause harm to any of the switch? THIS DEALS WITH JUST HOW ARE THEY GOING TO COVER THE NEW RATE WELL THIS TO ME CONTRADICTS HIS EARLIER STATEMENT IF IT HAS THE SAME RATE AS HE STATES THEN WHY DOES IT NEED TO HAVE ANY MORE FOREIGN CURRENCY RESERVES TO COVER IT THIS IS THE WHOLE IN HIS THINKING HE SHOULD HAVE PROOF READ HIS ARTICLE SOME MAY NOT GRASP THAT HE GOOFED FIRST SAID NO INCREASE IN VALUE THEN COMES AND SAYS HOW WILL YOU COVER IT WELL IF YOU MEANT WHAT YOU SAID IN THE BEGINNING THEN IT IS ALREADY COVERED THEN IN THE LATTER PARA'S HE EXPLAINS HOW THEY COULD COVER THE NEW RATE OF EXCHANGE MAYBE HE JUST THOUGHT THAT THOSE IN THE ME WOULD NOT CATCH HIS BLUNDER BUT WE IN THE WEST ARE MUCH MORE ON THE BALL NEXT Iraqi dinar remained a result, maintaining a stable exchange rate and the official of $ 3.2 of the dinar. THIS IS NOT TRUE ONLY TIME SOMEONE CAN CLAIM AN OFFICIAL RATE IS IF IT IS ACTUALLY TRADEABLE AND ACCEPTED BY THE IMF OUR CURRENCY POLICE AND IS THEN TESTED ON THE OPEN MARKET AND ACCEPTED AT THAT RATE FOR PURCHASING POWER IT NEVER WAS IT WAS AN ARBITRARY VALUE THAT SADAAM CAME OUT WITH WHICH THE ACTUAL VALUE THEY REALLY PUT ON THE DINAR ACCORDING TO U.S. SOURCES WAS ABOUT .30 CENTS IRAQ WAS SO FAR IN DEBT AND OWED HUNDREDS OF BILLIONS IN USD TO SO MANY COUNTRIES THEIR OIL PRODUCTION WAS MINIMAL ALL THE PRODUCTION FACILITIES WERE DECREPIT AND NOT TAKEN CARE OF NEXT But after the disappearance of Iraq's vast reserves of foreign currency after the outbreak of the Iraq war - Iran and the impact of the high costs of the war, the government left the labor law of the currency and started to spend without quantitative restrictions, which led to a continuing decline in the Iraqi dinar exchange rate in the value of purchasing power. THIS IS THE POINT I MADE ABOVE AND SUPPORTS WHAT I JUST EXPLAINED NEXT Despite the government's adherence to the Iraqi official exchange rate of $ 3.2 of the dinar in official dealings, highlighted the developments of the last price is the price of dinars on the black market, which is determined by the forces of supply and demand, and reached the price of three thousand dinars to the dollar. THIS EXPLAINS THAT SADAAM KEPT CLAIMING THE 3.2 RATE BUT IN ACTUALITY IT WAS ABOUT 3000 TO 1 SO THAT IS EVEN WORSE THAN THE SOURCES THAT STATED .30 NEXT Will resort to install it to the dollar or a basket of currencies or managed float method of tracking any leave, as is currently the case, is determined by the forces of supply and demand within the margin of acceptable power to intervene to maintain. NOW THIS HERE IS IMPORTANT IT IS SAYING AN INTERNATIONAL CURRENCY THAT IS THE ONLY WAY YOU ENTER A BASKET OF CURRENCIES AND THAT MEANS ONE THING ONE RATE OF EXCHANGE ONE NOT ONE OF 1166 AND ONE OF 1.25 OR 1.17 IT IS NOT HOW IT WORKS NEXT ALSO THIS EXPLANATION BLOWS THE NEW RATE SAME AS THE OLD EVEN THOUGH IT IS 1000 DINARS MORE IN VALUE NOW THAT IS A TONGUE TWISTER OK ALL GOODS IN IRAQ WILL BE CHANGED TO ACCOMADATE THE RATE OF 1.25 PER 1USD OK LETS ACCEPT THAT NOW LETS ACCEPT THAT THEY GO INTO A BASKET OF CURRENCIES AND ARE NOT INTERNATIONAL CURRENCY WHICH SHABIBI STATED IS HIS GOAL NOW IN THE U.S. LETS SAY A MCDONALDS HAMBURGER IS 1.20 IF THEY WERE TO PAY FOR THIS BURGER ARE THEY PAYING AT THE RATE OF 1166 OR WILL THEY EXPECT TO PAY AT 1.25 IT WILL BE THE 1.25 THIS IS WHERE THEY HAVE INCREASED THE PURCHASING POWER ETERNALLY AND IN THE LONG RUN IS WHERE THEY WILL SEE THE IMPACT OF THIS 1.25 OR 1.17 RATE NOONE IS CHANGING THERE COUNTRIES VALUES ON GOODS JUST CUZ THE DINAR WAS CHANGED THE PRICE IS THE PRICE SAME AS IT IS NOW AND IN ALL THOSE COUNTRIES NONE OF THE CHANGES AS TWO CURRENCIES RUNNING PARALLEL APPLY THE U.S. AS A KINDNESS OR THE UK OR CANADA OR THE UE EU ARE GOING TO THEN DUMP THE NEW DENOMS INTO THEIR COUNTRY ALL THAT WILL BE IN EXISTENCE WILL BE THE CURRENT DINAR AND IF YOU READ THE ARTICLE ALL CHANGES TO BE MADE ARE NOT THROUGH HARD CURRENCY BUT ONLY THE ONES THEY CAN APPLY BY COMPUTER AS IN WAGES LOANS AND ACCOUNTS NEVER IS IT MENTIONED YET AS IN 2003 WHEN CPA ORDER 43 CAME OUT EXPLAINING IN FULL HOW WHEN THEY COME IN AND EXCHANGE HARD CURRENCY FOR HARD CURRENCY THEY WILL GET EXACTLY THE SAME AMOUNT OK THAT IS MY EXPLANATION OF THE ARTICLE IT WAS ON MY MIND ALL NIGHT AND I STUDIED IT OVER AND OVER FOR HRS mpw says to (06:24:13): ty med MED says to (06:24:13): AT FIRST READ I THOUGHT S**** BUT AFTER GOING OVER LINE BY LINE I GRASP THE ENTIRE ARTICLE YW OK ALL DONE
  18. CNN. Broadcasting While Under The Bright Lights On The Red Carpet Of The Oscars In Hollywood ! We're In Charge Of Sweeping Up The Confetti ! Hey, We'll Reuse It Again Later When We're Hired To Perform At A Birthday Party This Weekend ! mailman17 (15:55:30): AFTERNOON...SURPRISED TO SEE SO MANY ON WITH THE DAYTONA 500 ALMOST STARTING...LOL Dons: hi MM17 mailman17 HEY SO...LETS GET BACK TO DINAR LOL I SEE THE ARTICLE OUT NOW IS FOR THE RELEASE OF THE NEW DENOMS IN SEPT...YES? EVERYONE JUMP IN WITH A N OR YES Dons: yes slow: between now & sept yes mailman17: GOOD...PEEPS ARE ALIVE AND BREATHING...LOL mailman17: LETS TAKE THIS A STEP FURTHER NOW IF...AND I SAY IF...THE DO INTEND TO RELEASE THE NEW NOTES IN SEPT...THATS FINE THAT DOES NOT MEAN THE RATE WILL COME OUT THEN WHY YOU ASK? ... Dons: liked also the one stating having the large denoms out of circulation by sept 2013 mailman17: CORRECT tmac096: yes why? mailman17: EVERYONE SEEMS TO ALWAYS FORGET THE TOTAL NUMBER OF DENOMS PRINTED BY DE LARUE IN 2003 14 'THAT IS WHATS IN THE CBI HANDS TIGHT NOW RIGHT THEY DO NOT NEED THE NEW NOTES OTHER THAN TO APPEASE THE KURDS tmac096: yes.... mailman17: THE NOTES SHABS HAS RIGHT NOW IN ADDITION TO WHATS IN CIRCULATION WILL BE ENOUGH TO COVER A 1-1 slow: correct mailman17 : WHAT THEY ARE...IS HIS DIRTY LITTLE SECRET 1,5,10,25? tmac096: yup! so lets do this thing! mailman17: AND THEN FILS? tmac096: coins! mailman17: HE HAS THE CURRENCY TO COVER HIS **** TILL SEPT YES TMAC' OR..PAPER EQUIALENT tmac096: 50,100s mailman17: DONT KNOW HE ONLY KNOWS' BRB...PHONE tmac096: crud gotta go, check ya in chat MM17 (}) thanks Dons: imo they probably did not print enough to cover the hole that the removal of the large denoms would make plus the attrition of just plain everyday use rowboat: i am hopeing maliki does not throw awrench in the wheel of progress between now and sept Dons: imo it has gone to far for maliki to get in the way GiGi: I don't know Dons, they had pallets and pallets of the stuff. I think the Kurds wanting their language on the bills is the reason for printing more all we can do is wait and see rowboat, Dons: you could be right GiGi but as i said only in my opinion.although i'm sure they planned a little ahead for this day GiGi: Oh I know Don's and mine is "imho" too, lol rowboat: i dont truss him^o) mailman17: GETTIN THE LARGE NOTES OFF THE STREET WAS CRUCIAL rowboat: trust GiGi: well they have done a good job of that mailman17: INTRODUCTION OF JUST THE SMALL NOTES NEEDED FOR DAILY USE IS NEXT...PENDING RELEASE OF THE NEWLY PRINTED ONES BETWEEN NOW AND SEPT BUT BE AWARE...THE RATE WILL NOT WAIT TILL SEPT GiGi: how can it if it's in the budget??? mailman17: IMVHO...IT WILL APPEAR WAY BEFORE THE SUMMIT ALONG WITH THE REMAINING NOTES AT THE CBI GIGI? GiGi: k moose: mm17, is iraq's fiscal year january to dec, or october to sept? mailman17: JAN moose: ok that's what i thot gracias mailman17: LIKE OURS moose: just checking my memory banks GiGi: the rate mm, wasn't it in the budget for 2012? Seems they would have to use it sooner than later mailman17: YES THE BUDGET GET RELEASED MAR 1 YOU WOULD THINK THE RATE WOULD TOO BUT...THIS IS IRAQ WE SHALL SEE ALSO MED DID BRING UP THE IMF RATES DUE GiGi: didn't see that yet, but that would certainly help push things along mailman17: OUR FINAL KEYS IN ALL OF THIS ARE THE MINISTERS...AND ERBIL AND KUWIT rowboat: isnt there a imf release of currency rates in may mailman17: 2 OF THE 3 ARE IMO...DONE...JUST WAITING ANNOUNCEMENT KUWAIT WILL FALL IN PLACE AS WELL YES ROWW Dons: in may so some time before that and march would be just perfect! mailman17: NOW ALSO DONT FORGET...SOMETHING AS BIG AS THIS AND HAVING A GLOBAL EFFECT JUST NIGHT NOW WAIT FOR THE IMF TO ADJUST THOSE ADJUSTMENTS IN MAT ARE MINOR IN MAY IRAQS RATE IS A WHOLE NOTHER BEAST SEPARATE AS PLANNED IMO surfsidedan: Mailman it looks like we will have to cash in our small bill 50, 250 and 500 instead of holding on to them for a better rate down the road mailman17: I AM VERY EXCITED CONCERNING THE NEXT 2-3 WEEKS WE SHALLL SEE JUST HOW MUCH THEY GET DONE GOING INTO THE NATIONAL CONFERENCE AND SEE WHATS DONE DURING THAT CONFERENCE Bam Bam: HOWDY MM17 GIGI Moose surfsidedan dons rowboat and the rest of the wonderfull ds crew ok I am back home (looking around) I dont see the rv moose: heya bam bam mailman17: SURFS...I THINK EVERY NOTE PRINTED IN 2003 WILL HAVE THE SAME EXPIRATION DATE rowboat: hey bb Dons: hi bam bam mailman17: ONCE THOSE NEW ONES COME OUT YOU CAN STILL USE THEM TILL SEPT BUT WILL GO THE WAY OF THE 25000...LOL Bam Bam: I am exicted about the next few weeks sounding great dont it.. mailman17: BAM...THE THING TO LOOK AT IS THIS....EVERYTHING IS GOING OUR WAY.....BILS, HCL,ERBIL, 140 Bam Bam: they will discontiune the 25000, 10000, 5000, and the 1000 wont they mailman17: THEY WOULDNT DO THIS UNLESS THEY WERE READY TO PUMP THEIR CHEST OUT AT THE SUMMIT YES IMO Bam Bam: that is what I was thinking.. mailman17: AND THATS FINE .YOU CAN HAVE ALL I GOT AFTER THE FIRST WEEK...LOL silverstar360: u arkansan think alike Bam Bam surfsidedan: The small bills will be nice gifts for me to give out GiGi: I am getting excited too, it's all adding up to an RV!! mailman17: JUST LET ME GET THE BEST RATES...AND OFF WE GO GiGi: mine too mm, lol Bam Bam: yeppers mailman17: SURFS..I GIVE THEM OUT TOO...LOL rowboat: i dont think m is going to give up the defense min mailman17: ANYWAY..JUST A LITTLE DRIVE BY...TO LET YOU GUYS KNOW...WE ARE SITTING VERY NICE...JUST DONT GET OUT OF YOUR SEAT JUST YET...LET THE FAT LADY SING Dons: if nothing happens the arab summit is when......the 27 of mar? mailman17: ROW..I DONT THINK THE MINISTERS ARE A PROBLEM ANYNORE 28TH...I THINK WHATS A DAY?. Dons: thanks mailman17: WHATS A DAY OR 2? rowboat: i hope mm mailman17: ME TOO ROW...BUT HARD NOT TO THINK OTHERWISE WITH ALL WE KNOW RIGHT NOW GiGi: with this investment it mailman17: DS WILL PLUG ALONG LIKA A LITTLE CHOO CHOO GiGi: it's been like whats a year or two lol Dons: i like your factual optimisim mailman17: UNTIL WE HIT HOOTERVILLE THEN UNCLE JOE CAN GET US OFF AND WE CAN PARTY alk4316: I dont think mnisters matter at all rowboat: wings and coors GiGi: woooohooooo! mailman17: DONS..NO OTHER WAY TO BE cleopatra: Hi mailman17.. all good news!!!!!!!!!!! mailman17: ALL GOOD JUST IN WAITING MODE...PATIENCE OK...GONNA RUN...SEE YA LATER Dons: sounds great we've waited a long time for that day surfsidedan: the way time is flying by it will be here before we know it
  19. CNN. Broadcasting While Attempting To Set The New Guinness World Record For The Most Balloons Ever Stacked On The Bridge Of A Nose ! So Far I'm Almost Up To Two ! Btw, Would It Help If I Turned The Fan Off ? Thug Note: The Conference Call In # To The Call Is In A Thread In The Chat Section If U Wish To Listen To It. 2-26-2012 Guru Enorrste the 2013 budget...takes effect 1/1/2013, so they must do the RV prior to that. Also, they need 6 months prior minimum to issue the currency because both currencies will co-exist for that period. That would mean a June RV. But they also have an article stating that the final phase of "remove the three zeros" would begin in September. The final phase is the discontinuance of the old dinar as legal currency. So, back up 6 months from that and you get March. 2-26-2012 Guru Enorrste There are 3 phases: printing the new currency, issuing the new currency, and removal of the old (i.e. discontinuing it). They've already been removing the 000 notes. That process will end in September, but can't end unless the new currency is already in place. That process (phase 2) is about to begin. I also believe it will occur prior to the Arab Summit. Along with that will be the announcement of removal from Chapter 7 of the UN Charter. And finally it will also involve the final move from Ch 14 to Ch 8 of the IMF Charter, a process that has already been announced but may need a letter to IMF for "finality". I expect that momentarily, since Feb 29 is a cut-off for that sort of announcement (minimum once a month). Shabibi will need to send his Letter of Intent before then, and has probably already done so (Saleh announced the move from 14 to 8 last week). The IMF will publish the Letter of Intent on its website shortly after March 1. 2-26-2012 Guru Enorrste This sets Iraq in place to announce to the world at the Arab Summit that they are now an internationally recognized country again (i.e., as in before the Saddam regime) AND that they have a HARD currency that will be among the strongest in the world. This is a key element of the strategy, IMO. Even if the dinar comes out at $1 it will rise in value to $3.50 or more shortly. I still believe that Shabibi's announcement of $3.33 made in 2005 and backed up in 2007 will carry the day. Why? Because they want the world to know that Iraq is back to "normal", a key word that Shabibi has used several times in the last few weeks regarding the currency exchange rate change. 2-26-2012 Guru Kaperoni The Arab Summit is the biggest thing Iraq has done in 10 years. IMO, I cannot see them hosting such an significant event with a worthless currency. But it is possible as it is Iraq. We will see how this plays out in weeks to come.
  20. Lol ! It Is Somewhat Cryptic But Here Is Where Med Stated It ! MED says to (00:31:37): HE STUDIES THAT SO RIGHT NOW WE SHOULD BE SEEING A MAJOR RATE CHANGE ANYTIME I WOULD SAY MAY TO SEPTEMBER THEY ARE ALSO AS YOU KNOW INCREASING THE ASSETS IN THE BANKS THEY WILL NEED TO SO WE HAVE THE BUDGET APPROVED WE HAVE A MONTH FOR THE NEW DENOMS AND SOMEWHERE IN BETWEEN WE WILL HAVE THE RATE I AM STILL THINKING Also, I Went + Researched The 2 Articles That Are Creating The May + September Bookends Which Med Is Referring To. Here They Are ....... Central Bank: the news is true for the deletion of zeros from the currency in next May 21/02/2012 PM - 3:18 PM | Hits: 14 Denied the deputy governor of the Central Bank of the appearance of Mohammed Saleh, the central bank measures to remove zeros from the currency in the month of May next. He said in a press statement that "what appeared in the media about the start of procedures to delete the zeros in the month of next May, is unfounded," noting that such a move begins with the beginning of the new fiscal year and not in the middle of it. Saleh continued, "the central bank will, starting from tomorrow new measures provide for the banks interest rate on the price of foreign currency to the sale of not more than 10 dinars, because the central bank sold dollars to banks at 1179 dinars, and should not be selling them to citizens more than the price of 1189 dinars. " He noted that banks in case of violation of the new instructions will be the withdrawal of a license to deal in the market, including the central bank auctions of foreign currency. He stressed that this measure was to prevent the monopoly of the banks that are not consistent with the policies of the Central Bank, which states not to take advantage of citizens to raise interest rates to the degree of influence on the exchange rate of foreign currency in the domestic market. The news indicated the start of the process of deleting the zeros in the beginning of next May http://translate.goo...cle_149163.html Read more: http://dinarvets.com/forums/index.php?/topic/106374-central-bank-the-news-is-true-for-the-deletion-of-zeros-from-the-currency-in-next-may/#ixzz1nYM6afV8 Saturday, 25 February 2012, 07:58 GMT New banknotes to be introduced in September A money trader in Erbil The Kurdish Globe Views differ on financial and socioeconomic impacts Despite fears of a negative economic impact, the Central Bank of Iraq will remove three zeros from Iraqi dinar notes and print new banknotes in 2013. The Central Bank of Iraq has agreed with the Economic Committee of the Iraqi Parliament to introduce the new banknotes in September 2012, which will be used in parallel with the current banknotes for a year. The CBI will completely withdraw the old banknotes by September 2013. Abdul-Hussein Abtan, Economic Committee Member of Parliament in Baghdad stated in a press conference that there is an initial agreement between Parliament and the central bank to start the process of removing three zeros in September, and it will take a year to complete. The new banknotes will be printed in Arabic, English and Kurdish. The CBI will introduce three new banknotes: 50 dinars, 100 dinars and 200 dinars. For smaller transactions, the CBI will also issue 1-dinar and 2-dinar coins which Iraq currently does not use. MP Abtan says "The grant agreement is to ensure that during the one year process, the old banknotes are traded in the market and replaced by the new one." The CBI expects this move to positively impact the country's economy; however, some parties say the negative consequences will be more serious. The Security Commission says deleting the zeros will have a negative impact on financial trade in the stock market. Other opponents of the move argue it would pave the way for money laundering and want the government to reconsider its decision. Supporters of the idea believe the introduction of the new banknotes will help reduce inflation, strengthen the Iraqi dinar in the international market, facilitate trade with international banks and other financial institutions, as well as reduce the social gap between classes. "The process of removing zeros from the currency will contribute to dealing better with inflation, facilitate economic cooperation with international banks and reduce the differences in [standards of] living in society," Abtan explained. Mahma Khalil, another Member of the Iraqi Parliament and official spokesperson of the Economic Committee says an agreement has been reached about the mechanisms of introducing the new banknotes after a series of meetings and discussions with the CBI Governor Dr. Sinan Al Shibibi. "According to the agreements, the new bill will be printed by a European company and introduced to the market gradually and in a well-planned schedule to ensure it will not result in shocks and would not have a negative impact on the market," explained MP Khalil. He added the exchange rate between the new banknotes and the old ones would be 1:1,000. The objective behind this move is to appreciate the value of the Iraqi dinar against the U.S. dollar, which would in turn increase the balance of the Iraqi dinar and there would be sufficient reserves of that currency," explained MP Khalil. "Additionally, the economy of Iraq would grow and oil sales would also increase." Khalil added that Iraq has a reserve of $60 billion in the CBI. The CBI previously stated it would consult with Parliament and representatives to see whether there would be a need for a law to be passed for this shift. The Economic Committee announced on 19 February it was introducing new legislation for the purpose and would also address the inflation issue in the country. The introduction of new banknotes and withdrawing the current ones from the market is generally expected to reduce and control the number of dinars in circulation and would also help facilitate payment systems and control the banking transactions in the country. http://www.kurdishgl...6BBF1EDC3B7D027 Read more: http://dinarvets.com/forums/index.php?/topic/107111-iraq-to-revalue-dinar-and-introduce-new-notes-in-september-2012/#ixzz1nYMt5KHX Btw, RSS - U R One Of The Few DV Peeps That CNN Would've Undertook This Much Research For ! LOL ! B)
  21. CNN. Broadcasting While Driving Around Town + Yelling Out The Window To Nobody In Particular For Shabbi To Push The Button ! MED says to (00:21:40): LETS TALK ABOUT THE SITUATION WE ARE NOW IN WHAT WE KNOW OK Spunkymonkey says to (00:22:20): That would be great, thanks! MED says to (00:22:21): OK SIFTING THROUGH THE ******** CUZ I HAD TO REALLY THINK ABOUT THIS I KNEW THE CRAP LAST WEEK WAS BS WHAT WE KNOW RIGHT NOW IS THAT THEY ARE COMMITTING TO NEW DENOMS HITTING THE STREETS IN SEPTEMBER 2012 SOME OF THE FILS AND CURRENCY WILL BE 1D COINS....2 D COINS 50 D NOTE 100 D NOTE 200 D NOTE NOW I THINK THEY WILL BE KEEPING THE 250D NOTE 500 D NOTE AND 1000 D NOTE FOR AWHILE ... JUST KEEP THAT IN THE BACK OF YOUR MIND NOW WE ALSO KNOW THAT THE 2013 STATEMENT OF NOT RELEASING WAS NOT CORRECT IT WAS AS WE ALWAYS THOUGHT WAS THE END OF THE PROCESS LIKE I SAID WHEN THEY EXCHANGED THE LAST TIME THEY WENT ONE YEAR FROM THE DATE THE NEW CURRENCY WAS OUT TO HAVE IT ALL EXCHANGED AND THE OLD CURRENCY WAS THE EXACT SAME VALUE NOW RIGHT NOW THEY ARE VERY VERY COY ON THE 1 TO 1000 AND FROM HOW THEY HAVE DONE THERE COMMENTS TO ME WHAT USED TO BE WORTH 1000 HOLD ON GOT TO PUT THAT RIGHT WHAT USED TO TAKE 1000 WILL NOW ONLY TAKE ONE AND REMEMBER WHAT HAPPENS INTERNALLY IS STILL NOT ABOUT US HOW THEY HANDLE THE DINAR INSIDE IRAQ IS NOT GOING TO BE ABLE TO BE DONE INTERNATIONALLY REMEMBER ALL THE LIQUIDITY THEY DISCUSS IS ONLY WHAT IS INSIDE IRAQ WHAT WE HAVE RIGHT NOW IS NOT CONSIDERED OH GREAT I FORGOT THE WORD BUT IT IS NOT PART OF THE LIQUIDITY AT THE PRESENT TIME THERE IS EXTERNAL AND INTERNAL WHAT WE HOLD IS NOT EVEN COUNTED YET pballone says to (00:30:34): revelant MED says to (00:30:44): RIGHT IT IS NOT THEY ACTUALLY DO NOT KNOW PB WHAT THE DAMAGE IS GOING TO BE YET EXCEPT WHAT COUNTRIES REPORT TO BE HOLDING pipewrench says to (00:31:13): M2 MED says to (00:31:18): YES BUT THAT IS NOT MY GAME THAT IS MM17 pipewrench says to (00:31:34): lol MED says to (00:31:37): HE STUDIES THAT SO RIGHT NOW WE SHOULD BE SEEING A MAJOR RATE CHANGE ANYTIME I WOULD SAY MAY TO SEPTEMBER THEY ARE ALSO AS YOU KNOW INCREASING THE ASSETS IN THE BANKS THEY WILL NEED TO SO WE HAVE THE BUDGET APPROVED WE HAVE A MONTH FOR THE NEW DENOMS AND SOMEWHERE IN BETWEEN WE WILL HAVE THE RATE I AM STILL THINKING pipewrench says to (00:35:18): and then we get paid MED says to (00:35:22): BECAUSE OF THE IMF'S SDR RATES COME OUT IN MAY AND THAT IS WHEN THEY POST THE NEW RATES OF EXCHANGE ALSO AS I SAID MAY TO END OF AUGUST CUZ SEPT WILL BE NEW ISSUE OF THE CURRENCY I SEE ALSO THEY WENT BACK TO 3 LANGUAGES FOR THE LAST YR THEY HAD REMOVED THE ENGLISH NOW THEY HAVE ALL 3 AGAIN NOW I THINK I SAW THAT THEY WILL BE RELEASING THE MONEY FROM THE BUDGET NEXT MONTH I IMAGINE THE REASON THIS MAY RV CAME OUT WAS TO GIVE THE MINISTRIES TIME TO SEE WHAT THEY HAVE AT THEIR DISPOSAL NOW FOR ME I PERSONALLY THINK THEY AGAIN SHOULD HAVE KEPT QUIET BUT WHO AM I TO LOOK A GIFT HORSE RIGHT reilly1 says to (00:40:52): Med what happened to the concern of inflation and their threshhold of 10% MED says to (00:41:11): REILLY IT IS NOT A CONCERN AT THE MOMENT THEY SEEM TO BE HOVERING RIGHT AROUND 6 TO ALMOST 8% AND THAT FOR IRAQ REALLY ISNT BAD reilly1 says to (00:41:59):I thought they were encroaching on 9 to 10 percent MED says to (00:42:05): NO THEY GOT CLOSE TO 8 A COUPLE TIMES BUT FOR US THEY HAVE ALREADY DECIDED SO WE DONT NEED TO HOPE FOR HIGH INFLATION IT IS HAPPENING THIS YEAR I DONT CARE HOW OR WHY AS YOU REALLY DONT EITHER DO YOU AS LONG AS IT HAPPENS reilly1 says to (00:43:46): understand as long as you dont I dont TY bighope4us says to (00:43:49): yep utahdinar says to (00:43:58): amen cks says to (00:44:03): Med...DS have to get grandkids tucked away...thank you for your chat Med...Peace, Love, God Bless MED says to (00:44:14): GN CKS pipewrench says to (00:44:18): i don't care if that place is covered w/ sand after i get mine MED says to (00:44:28): SAME HERE PW SO ANYONE HAVE A ? OR A CONCERN SPEAK UP reilly1 says to (00:45:40): well thanks for the chat Med gonna hit the rack see yall tommorrow MED says to (00:45:43): I WILL TRY TO GIVE AN ANSWER GN REILLY pipewrench says to (00:46:52): i'm good! your overview is always comforting pipewrench says to (00:47:28): we know its coming..... just gotta wait MED says to (00:47:38): YES BUT WE HAVE THE WINDOW NOW AND NOT GUESSING AT IT pipewrench says to (00:48:05): aint it wonderful MED says to (00:48:34): YUP OK GONNA HEAD NOW GN ALL utahdinar says to (00:48:53): love that window MED says to (00:49:01): MED OUT
  22. I Tried To But It Exploded My Keyboard ! :D
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