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Dretown39
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Posts posted by Dretown39
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1 hour ago, Laid Back said:
These are things I cannot control and can affect the outcome of any happening. “Whatever happens, happens” to me is being at peace that I have done my best and being humble enough to know that there are things out of my control that could change that “happening”. That’s living in the world. Do what good you can, but understand that it may not always work out; And that’s fine.
Go RV when it happens.!
That's good & I try to have the same mindset. However, my reason for reaching out to you is because whenever you post you usually copy/paste a snippet from an article giving your insight. That's mainly was what I was asking from you. 👊
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@Laid BackHow you feel about this one?!
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1 hour ago, BETTYBOOP said:
Anybody think this could hold up the rate change?
Nope I dont
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19 minutes ago, davis411 said:
I assume your not married ??
🤣🤣🤣🤣🤣🤣
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59 minutes ago, edbeach said:
First if I recall the 3.22 rate was put on the dinar by Sudam Hussein which was an artifical rate he decided what the rate would be not the CBI. Now to the rate of 1 to 1 article was just out yesterday stating Iraq has 90 Trillion dinars circulating outside the Banking Dept so if there is 90 Trillion with a T floating around and they increase to 1 to 1 as a lot of people saying right out of the gate that would mean cost would be 90 Trillion to come up for so how will they pay this kind of money They only have 50 Billion in reserves in the US being held. Thats with a B so it would take 1000 Billion to equal one trillion dollars Big difference from starting at 3 cents to 10 cents then floating the money so it will keep the economy in line and not collapseing their economy. Just my opinion and people need to think about what they say of high figures coming out the gate you collapse the countries economy we get nothing for the dinar.
First that article is misleading. It's doesn't mean it will equal to 90 trillion in U.S. dollars. They have way more than 50 billion in reserves. They have well over 100 billion. That's been stated in several articles this year. I can see clearly from your condescending tone.."Trillion with a T..Billion with a B"..you're not here to inform but insult. I as a Grown with a G..Man with an M have nothing further to say.
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4 minutes ago, 6ly410 said:Taxes announce the adoption of electronic payment in the payment of funds early next year
Economy Baghdad News
The General Tax Authority announced on Monday the adoption of mandatory electronic payment in paying taxes as of the first of January of the new year 2024, while confirming the start of the application of the self-assessment system for the first time in Iraq.
The head of the authority, Ali Waad Allawi, said in a statement reported by the official news agency, and seen by "Economy News", that "the tax authority seeks to complete the application of the automation system and with great support system" rel="">support from the prime minister and the minister of finance to develop the work and convert it from the paper system to the comprehensive electronic tax system."
He added, "Achieving this goal requires the completion of electronic steps that began with the popularization of electronic payment, which is now applied in all branches of the authority in Baghdad and has been applied by 50% in the central and southern provinces and a number of northern provinces."
He continued, "The Tax Authority is working on the application of electronic payment in all its branches in Baghdad and the provinces during the coming period, and this is the first step," pointing out that "the second step will be the adoption of self-assessment in the General Tax Authority."
He pointed out that "Iraq was the only country that did not apply the self-assessment system until two months ago, as it was applied in the Tax Authority through a comprehensive electronic system."
He stressed that "as of 1/1/2024, taxpayers and taxpayers will be obligated to pay what they owe through the electronic payment system, and this work will reduce human intervention and extortion and corruption rates, and speed up the completion of transactions."
Views 18
Added 2023/12/11 - 7:20 PM
HECK YEAH!!💯 Raise that value please!
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1 hour ago, davis411 said:
Must say some days I am
but other days I really question my mental state getting in on this
the guy who mentioned to me never bothered to get in
wow
but eh who knows
might just work out in the end
I understand how u feel on the mental state.😆😆😆 Hopefully soon we can all go to the bank & move on
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12 minutes ago, edbeach said:
The Breitlimg article is great I also like to hear info that Breitling says. As far as what the person above not agreeing on the 10 cents I disagree what was said. I still feel the dinar will start between 3 cents to 10 cents then floating from this point. I believe if they went to high figures out the gate it would collaspe their economy but by gradual increase would keep their economy on level feel. These guys are not stupid they not interested in given it away. If people would recall the CBI said a few years ago they would increase up to a 1.00 over 4 to 5 years in the article.I do not have that article but remember them saying this maybe someone else had saved this info from few years ago. Plus I remember that Montana also said he felt would start out around 10 cents. Sorry to dampen your theory I too would like to see high start but looking at what is real
No apology necessary. My view still remains the same. Their economy back then with less oil production, less customers, smaller dollar reserves, etc..& yet they maintained a $3.22 without a collapse in the economy. They have much more now plus signed contracts not to mention a revamp of their monetary policy, new laws, etc..so why would $1:1 revalue collapse it now. It's artificially suppressed. They can very well do it.
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Breitling The inflation for Iraq is artificial inflation. You go back and look, How many customers did Iraq have back in the day? How much oil were they selling? What was the value of the currency back in those days? $3.22 value. How many customers do they have today? They have way more customers. They have more production. The price per barrel is more than in those days when it [the dinar] was $3.22. It's not a market bearing inflation, it's artificial inflation. They have more customers. They have a bigger reserve than they've ever had. One of the biggest in the world for the US dollar. That's the reality that you're looking at. You are sitting on a gold mine.
That's why the Dinar is not coming out at 10 cents...not happening! This debunks what many who say the U.S. dollar is crashing..not happening! Folks should be happy they found out about this investment opportunity!
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I'm not the most knowledgeable about this investment. I'll say this though..this does not stop the RV from happening. They will continue to use the dollar to some extent. The dinar only is for the public in Iraq..not the big banks. Don't let this article freak you all out.
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There is no in-country RV. Once the value changes it applies everywhere.
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I know they can flip the switch anytime..I'm going to give it the 1st quarter between Jan-March to make it happen!
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Don't what increments Pimpy is talking about but they can come out $1+ with no problem! And of course it's not overnight..people who been waiting for 20yrs already know this!
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19 minutes ago, Laid Back said:
The video shows proud Iraqi Citizens holding their currency. Iraq’s Proud Heritage
Remember the words of PM Al-Sudani:
keep your Dinar because your dinar is Stronger.!
Go Stronger Dinar $1:1
I almost got excited when I saw that video..then I pulled myself back..lol
Go Stronger Dinar
Go Purchasing Power for Citizens
Go All Us Investors Fulfilling Our Dreams
Go My New Truck & SUV
Go Not Working For No One
Go..ok I'll stop😆😆
Go RVV!
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12 minutes ago, Laid Back said:
The need to have a transparent and fair tax system in place before the RV.
I agree. My statement is along the lines of starting the actual process of taxing the currency without RV'ing.
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Well before they implement any taxes in the future they will have to raise the value of the dinar! Pretty impossible to tax a currency that's already 1/10 of a penny!
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Breitling Question: "Why haven't all the big sharks bought in anticipation of the RI?" Who says they haven't? I told you guys with some of the companies that I've worked with we did research and we had contact with a lot of senators and congressmen from both sides of the aisle, they all have it. They all have Iraqi dinar. They have other currencies too.
Someone asked Breitling on this audio the other day what did he think about the articles stating January 1 2024 all transactions in dinar only. He said that's the super big & that's the beginning of them adding value to the dinar. Here's to hoping the 1st quarter things change super big for the citizens in Iraq & us investors!
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1 hour ago, Dinarrock said:
Absolutely and I for one have always believed per that study several years back that Iraq would come out of the gate at around $1.17 just slightly higher than the dollar! Iraq can easily support system" rel="">support this and their pride to be above the US Dollar I bet will be a big deal for them!! They could come out lower but not much in my opinion. There have also been other studies out more recent then the one from the $1.17 which I think was around 2012-2013 there was another one in 2017-2018 and adjusting for many variables I believe had Iraq around $2.34 or so! Either way again I am good with anything close to a dollar and if it even close to ?2 I will exchange all I have…lol… come on Iraq RV your currency this month!!!
👊💯🔥
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1 hour ago, Laid Back said:
I think $1:1
- The easiest transition for the local market and the citizens
- The Easiest way to de-dollarize the economy
- Real Purchasing Power
Go Stronger Dinar
Go $1:1
I concur! It's been confirmed that Iraq has more customers, bigger reserves, more oil production than in the past when they were at $3.22. So yeah that can easily support $1:1 out the gate!
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2 minutes ago, screwball said:
Can anyone translate this?
The dinar will recover.. Iraq is approaching an “imminent end” to the dollar crisis before the end of 2023.....that's the title of the article
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46 minutes ago, BETTYBOOP said:
thanks for the clarification
You're welcome👍
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44 minutes ago, BETTYBOOP said:
That is a lot of dinar in circulation.... that could slow things down by the time they reduce the money supply. In saying that it could be a wee lie
That doesn't represent the note count in circulation. That's more of the value their speaking on. Iraq reduced their note count some years back.
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3 hours ago, BETTYBOOP said:
@Dretown39 Hanging low is 1 of the best and biggest things to do. A lot of people will want to hang on to your coat tails. If I make enough that I can actually stop working When people ask why i dont work they will be told I got early retirement due to my health. I genuinely do have health issues so not a huge ommission to say that
Absolutely & the best to you!
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1 hour ago, Artitech said:
I’m sure praying for a RV/RI here in the 1st quarter of 24! We all need this to happen. For more than just to help my family! I want to be around to see a lot of hurting people helped! I can’t wait to see the look on their faces as they see the Love of Jesus in the final hours of this earth age!
I'm with you on helping hurting folks. When I first got into this investment I was excited thinking about what I'm going to do when the money comes. Since then so many people I know have passed away, some folks health has changed dealing with daily issues, & so on. I'm not as excited about this happening as I was before. I'm just going make sure my loved ones is good when this happens. Cautiously help who u can & still enjoy it. But I'll definitely be laying low too. Glad u still hanging in there👊
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Parliamentary Finance expects a decline in dollar prices in Iraq Economy
in Iraq & Dinar Related News
Posted
https://mawazin.net/Details.aspx?jimare=239198
Here you go. This what RJG posted originally yesterday on this thread.