Med: Saturday Morning Chat - The 3 Phases Explained

[DinarThug]

CNN. Broadcasting From Phase IV - Where I'm At The Bar Celebrating !

Med says to (08:07:51):

He explained in a press statement: "The stages of the deletion of zeros from the currency, divided into three phases, first phase, lasting six months to provide services printing, while the second phase of the introduction of two currencies at the same time, and will last six months to pull the old currency and the survival of the new currency."

Med says to (08:08:04):

He added: "The role of the Finance Committee in the House of Representatives is mainly carried out only on the detailed mechanism and delete the zeros, indicating that the Committee met with the Governor of the Central Bank has been the study of deletion of zeros Bjanabih negative and positive."

38CABO says to (08:08:16):

now that is great

Med says to (08:08:21):

He said: "The detailed explanation by the Central Bank, dispelled the fear of inflation, washing and financial fraud, asserting that" the existence of agencies and committees are able to control these problems that occurred. "

Med says to (08:08:36):

Ok this explains where we are at it seems right now.....I will take it apart so you can understand.....The stages of the deletion of zeros from the currency are divided into three phases:

First phase: Lasting six months to provide services printing. This is over by the statements of CBI and are officially in Phase II

While the second phase: The introduction of two currencies at the same time, and will last six months to pull the old currency and the survival of the new currency. So with this explanation by the Parliamentary Finance Committee...we right now are going to see the new currency in the Phase we are in right now and the new exchange rate.....

GOP says to (08:10:23):

Oh My!!!!!

rowboat says to (08:10:51):

i likey

guardian says to (08:10:57):

"the new exchange rate"!

snowflake says to (08:10:59):

new rate

GOP says to (08:11:01):

Yes Yes yes!!!!

38CABO says to (08:11:12):

btw i am fine with a change in the exchange rate

GOP says to (08:11:48):

did not need coffee to wake me up!!

Med says to (08:12:07):

A NEW RATE OF EXCHANGE HAS TO BE MANDATORY OR THEY WILL HAVE THE SAME ISSUE AS WHEN THEY HAD ISSUED THE 25DINAR COIN

THE NEW DENOMS CANNOT BE 1166 TO 1 USD

38CABO says to (08:12:37):

no way

Med says to (08:12:45):

THE RATE OF EXCHANGE HAS TO BE ADJUSTED

IMMEDIATELY OR ACTUALLY LIKE THEY SAID ONE WEEK BEFORE

AND IF THEY EXPECT IT TO TAKE ONLY 6 MONTHS TO RETRIEVE THE OLD CURRENCY

rowboat says to (08:13:25):

you gotta love it

Med says to (08:13:34):

THEY MUST HAVE RECOVERED A TREMENDOUS AMOUNT ALREADY OF THE LARGE DENOMS

REMEMBER TOTAL DEBT AND CREDITS DOES NOT MEAN IT IS ALL CURRENCY

FROM THE NEW ESTIMATES

IT IS DOWN TO A MINIMAL AMOUNT OF THE CURRENT LARGE CURRENCY IN LIQUIDITY AS IN HARD CURRENCY

AND THIS IS THE ONLY CONCERN FOR CBI

WHAT IS OUT IN HARD CURRENCY

38CABO says to (08:15:04):

how many iraqis ever had a large bill ??? i guess not many

Med says to (08:15:32):

ALSO IF THERE WAS A WORRY THAT TWO RATES WOULD BE USED...I THINK THE MESSAGE WAS ALREADY SENT BY CBI

IF THIS WAS TRUE AND WE NOW ARE IN PHASE II

WHICH IS WHEN THE NEW DENOMS WILL BE OUT

ALONG WITH THE CURRENT

TO COEXIST FOR 6 MONTHS

THERE WOULD BE ABSOLUTELY NO REASON RIGHT NOW TO MAKE EVEN A PIP ADJUSTMENT

ON THE CURRENT RATE OF EXCHANGE

WHEN THE TWO ARE OUT TOGETHER

YOU I BELIEVE AS ALL IS STATED

WILL STILL ONLY SEE THE ONE RATE ON CBI'S PAGE

FOR THE DINAR

[Elixirbaby]

Thanks Thug. What bar are you at? I didn't get the memo.

Go RV

P.S. I'll buy the next round.

[DinarThug]

Thanks Thug. What bar are you at? I didn't get the memo.

Go RV

P.S. I'll buy the next round.

I'm At The Thirsty Camel Lounge !

Btw, This Article Is HUGE ! It's Being Heavily Discussed In The DV News Section !

The Article Is Titled "PARLIAMENTARY FINANCE: DELETE THE ZEROES....."

B)

[Nadita]

Thug,

Wow..... This early in the bar!??? Celebrating?! What are you drinking? Bloody Mary ? Don't forget the celery lol

Thanks for the broadcasting

[Elixirbaby]

Thug,

Wow..... This early in the bar!??? Celebrating?! What are you drinking? Bloody Mary ? Don't forget the celery lol

Thanks for the broadcasting

I thinks the drink is called Hair of the camel.

[bamagirl]

Phase 2= pack my bags....Phase 3= We're of to Vegas baby...go RV!!!

[brbrlocke]

Thanks Thug. Have fun at the bar but don't drink and drive or they'll put on of those thingys ( don't know what they're called one of my friends has one in his p/u now ) on your camel and you'll have to blow into it before you can start him up.....

[Elixirbaby]

Thanks Thug. Have fun at the bar but don't drink and drive or they'll put on of those thingys ( don't know what they're called one of my friends has one in his p/u now ) on your camel and you'll have to blow into it before you can start him up.....

Yeh thug, last thing you want to have to do is blow into your camel.

[Perspective2011]

Yeh thug, last thing you want to have to do is blow into your camel.

I'll stick with a taxi or walk home in a hail storm if I had to.

[brbrlocke]

Yeh thug, last thing you want to have to do is blow into your camel.

Should have known it wouldn't take long to go there....

[gakman]

Phase IV - RETIREMENT