umbertino Posted June 12, 2012 Report Share Posted June 12, 2012 i am going to move this to the lop section, so dinarc can comment, its his post.. Thank you. Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 Well thankyou sonny and it is good to see you my friend. I miss our conversations. I think it is absolutely apparent that Randalln is off of his rocker. Like I stated in my original post, Randalln makes up more lies to cover already ongoing lies. This is typical of a compulsive liar who feels a mental need to make up stories in a grab for attention. I think that it is pretty clear to everyone and thank God for it that Randalln is not to be taken seriously. I think it is funny how he states that he has "prove" hahaha...... for everything he says yet no one has seen any of it. Huuummmm I wonder why. Maybe because he is full of crap? 6 1 Link to comment Share on other sites More sharing options...
Laid Back Posted June 12, 2012 Report Share Posted June 12, 2012 He just like to drink vodka with redbull ...ha ha ha ha Liar: A person who tells a lie 2 1 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 lets start here first .......just so you know 2 years ago i brought most of the info that still circulates today on these sites Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). Not a currency, SDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged.[1] As they can only be exchanged for euros, Japanese yen, pounds sterling, or US dollars,[imf 1] SDRs may actually represent a potential claim on IMF member countries' nongold foreign exchange reserve assets, which are usually held in those currencies. While they may appear to have a far more important part to play, or, perhaps, an important future role, being the unit of account for the IMF has long been the main function of the SDR.[Williamson 1] Created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and the US dollar, the SDR's value is defined by a weighted currency basket of four major currencies: the Euro, the US dollar, the British pound, and the Japanese yen.[1] SDRs are denoted with the ISO 4217 currency code XDR.[2] SDRs are allocated to countries by the IMF.[1] Private parties do not hold or use them.[Williamson 2] As of March 2011, the amount of SDRs in existence is around XDR 238.3 billion, but this figure is expected to rise to XDR 476.8 billion by 2013.[3] This is a beef run down of what the SDR is for the people that dose not know A unit of account is a standard monetary unit of measurement of value/cost of goods, services, or assets. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of account suffers from the pitfall of not being a stable unit of account over time. Inflation destroys the assumption that money is stable which is the basis of classic accountancy. In such circumstances, historical values registered in accountancy books become heterogeneous amounts measured in different units. The use of such data under traditional accounting methods without previous correction often leads to invalid results.[1] Contents [hide] 1 Uses1.1 Modern finance[*]2 See also[*]3 References[*]4 External links[*] 2 Link to comment Share on other sites More sharing options...
matus55 Posted June 12, 2012 Report Share Posted June 12, 2012 you morons go round and round with the same S#!T every day trying to get people too think you some wizard of the finical community ...when most of you are auto mechanics that work at base BARN for a contractor in iraq ...and was let go ...for Sexual harassment ...or contraband in possession ...and where escorted of base I have forgot more about Iraq than most of you will ever learn dew to IED's and plane's going down So when you try to convince some one ...of a third partys worth .....you better know it your self Not only do you lie, you cant even spell! 4 1 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 you can chime in any time............. i will just move forward The value of the SDR is determined by the value of several currencies important to the world’s trading and financial systems.[1] Initially its value was fixed, so that 1 SDR = 1 US dollar,[Williamson 3] but this was abandoned in favor of a currency basket after the 1973 collapse of the Bretton Woods system of fixed exchange rates.[Williamson 5] Composed of theJapanese yen, the US dollar, the British pound and the Euro,[1] the basket of currencies used to value the SDR is "weighted" meaning that the more important currencies have a larger impact on the SDR's value. Currently, the value of one SDR is equal to the sum of 0.423 Euros, 12.1 Yen, 0.111 pounds, and 0.66 US Dollars.[47] This basket is re-evaluated every five years,[1] and the currencies included as well as the weights given to them can then change. A currency's importance is currently measured by the degree to which it is used as a foreign exchange reserve asset and the amount of exports sold in that currency.[1] Current valuationDue to fluctuating exchange rates, the relative value of each currency varies continuously, and so does the value of the SDR. The IMF fixes the value of one SDR in terms of US dollars daily. The latest US dollar valuation of the SDR is published on the IMF web sit Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 lets start here first .......just so you know 2 years ago i brought most of the info that still circulates today on these sites Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). Not a currency, SDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged.[1] As they can only be exchanged for euros, Japanese yen, pounds sterling, or US dollars,[imf 1] SDRs may actually represent a potential claim on IMF member countries' nongold foreign exchange reserve assets, which are usually held in those currencies. While they may appear to have a far more important part to play, or, perhaps, an important future role, being the unit of account for the IMF has long been the main function of the SDR.[Williamson 1] Created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and the US dollar, the SDR's value is defined by a weighted currency basket of four major currencies: the Euro, the US dollar, the British pound, and the Japanese yen.[1] SDRs are denoted with the ISO 4217 currency code XDR.[2] SDRs are allocated to countries by the IMF.[1] Private parties do not hold or use them.[Williamson 2] As of March 2011, the amount of SDRs in existence is around XDR 238.3 billion, but this figure is expected to rise to XDR 476.8 billion by 2013.[3] This is a beef run down of what the SDR is for the people that dose not know A unit of account is a standard monetary unit of measurement of value/cost of goods, services, or assets. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of account suffers from the pitfall of not being a stable unit of account over time. Inflation destroys the assumption that money is stable which is the basis of classic accountancy. In such circumstances, historical values registered in accountancy books become heterogeneous amounts measured in different units. The use of such data under traditional accounting methods without previous correction often leads to invalid results.[1] Contents [hide] 1 Uses1.1 Modern finance[*]2 See also[*]3 References[*]4 External links[*] Hahaha.... So you are saying that the IMF is giving out 1 SDR for 1 Dinar? That means that 1 SDR is worth 1/10th of a US penny. Give it a rest Randalln. You are grasping at straws AGAIN and making yourself look even more silly which is hard to believe is even possible. 3 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 Not only do you lie, you cant even spell! the spelling is dew to a IED in iraq and that don't change the meaning coming across Hahaha.... So you are saying that the IMF is giving out 1 SDR for 1 Dinar? That means that 1 SDR is worth 1/10th of a US penny. Give it a rest Randalln. You are grasping at straws AGAIN and making yourself look even more silly which is hard to believe is even possible. look here fella pay attention and you will be schooled here The SDR is the instrument of means for Iraq ........the GOI is a separate entity from the CBI that is a bank they don't pay bills they loan money the GOI goes to the IMF when they form their budget for the fiscal year .... the IMF issues credit thru the world bank account set up for IRAQ ....IN SDR's in turn the GOI gives the WB vouchers for( ALL OIL SOLD) on spot or futures .......the WB debts the appropriate accounts around the globe The dinar never comes in to play Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 the spelling is dew to a IED in iraq and that don't change the meaning coming across look here fella pay attention and you will be schooled here The SDR is the instrument of means for Iraq ........the GOI is a separate entity from the CBI that is a bank they don't pay bills they loan money the GOI goes to the IMF when they form their budget for the fiscal year .... the IMF issues credit thru the world bank account set up for IRAQ ....IN SDR's in turn the GOI gives the WB vouchers for( ALL OIL SOLD) on spot or futures .......the WB debts the appropriate accounts around the globe The dinar never comes in to play So how does this tie into your niece cashing out with her debit card? I guess all Gov. officials in Iraq have cashed in for SDRs on their debit cards huh? Tell us some more there randalln. 1 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 Its not till the GOI pays their employes .....that the CBI gets in the mix Now the GOI gives the money received from the WB by way of the IMF ....to the CBI for dispersement .....the CBI takes it cut for the transaction right now its 13 dinar per 1000 dinar or if you read english they tell you per $1 dollar its = on the open market all of this is handled on the closed market (that means you don't see those reports )unless you read Arabic ,or for the Kurdish region Aramaic (of witch I'm fluent ) Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 (edited) Its not till the GOI pays their employes .....that the CBI gets in the mix Now the GOI gives the money received from the WB by way of the IMF ....to the CBI for dispersement .....the CBI takes it cut for the transaction right now its 13 dinar per 1000 dinar or if you read english they tell you per $1 dollar its = on the open market Dude are you on meds? If not then maybe you need to be. What the hell are you talking about? You haven't the slightest clue what is going on. The Gov of Iraq had to BORROW money from the WB to meet their budget and now you are saying that money that they borrowed is being used to cash out dinar holders at 1 to 1? You have completely lost it guy. Please quit embarrassing your self. Edited June 12, 2012 by dinarck 3 Link to comment Share on other sites More sharing options...
Muleslayer Posted June 12, 2012 Report Share Posted June 12, 2012 Who said this board was dead, in my opinion IT'S ALIIIIIIIVE..........IT"S ALIIIIIIIIIVE. Don't forget frau bluca!! Neigh. 2 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 Now to the dispersant buy the CBI for the payments too the GOI employees It is all done Digitally ......they credit the approver for the employes dept. (in America we call it the head of finance) for each government dept. Link to comment Share on other sites More sharing options...
lightfighter Posted June 12, 2012 Report Share Posted June 12, 2012 What unit were you with? Was it the same one that the dude from americas got talent ? 1 2 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 Dude are you on meds? If not then maybe you need to be. What the hell are you talking about? You haven't the slightest clue what is going on. The Gov of Iraq had to BORROW money from the WB to meet their budget and now you are saying that money that they borrowed is being used to cash out dinar holders at 1 to 1? You have completely lost it guy. Please quit embarrassing your self. where in any of this is there minion of cashing dinar holders ....there are none they have all been cashed out if they work for the government of iraq ....and converted to digital currency ......if the want cash the go to the bank like every one else dose Have you ever had a job other than mowing yards son you don't get payed in cash any more What unit were you with? Was it the same one that the dude from americas got talent ? not with a unit I worked for RIO project(Halliburton)not KBR in 03-05 where i moved to RMS( red horse USAF) Before moving to FLUOR FGG Link to comment Share on other sites More sharing options...
lightfighter Posted June 12, 2012 Report Share Posted June 12, 2012 Thank you for your response. Great to see you Sonny. Gotta give you an E for effort Randalln Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 now back to the subject at hand <br style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">SDRs per Currency unit (e.g. $ 1.00 = 0.67734 SDR)<br style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">These rates are the official rates used by the Fund to conduct operations with member countries. The rates are derived from the currency's representative exchange rate, as reported by the issuing central bank, and the SDR value of the U.S. dollar rounded to six significant digits. <br style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">Iraq881.0185.11,066.0General and Special SDR Allocations<br style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; ">(in millions of SDRs)Member CountryGeneral SDR Allocation1,3Special SDR Allocation2Total3Afghanistan, Islamic State of120.08.6128.6Albania *36.110.346.5Algeria930.1139.41,069.5Angola *212.260.8273.0Antigua and Barbuda *10.02.512.5Argentina1,569.4132.21,701.7Armenia *68.219.888.0Australia2,399.2213.52,612.6Austria1,388.0169.31,557.3Azerbaijan *119.334.3153.6Bahamas, The96.617.6114.2Bahrain100.118.1118.2Bangladesh395.367.9463.3Barbados50.06.356.3Belarus *286.482.2368.6Belgium3,413.9424.23,838.1Belize *13.94.017.9Benin45.93.949.8Bhutan *4.71.36.0Bolivia127.110.3137.4Bosnia-Herzegovina125.415.0140.4Botswana46.76.453.1Brazil2,250.7277.72,528.4Brunei Darussalam *159.544.0203.5Bulgaria *474.6136.3610.9Burkina Faso44.63.548.2Burundi57.13.160.2Cambodia64.93.668.5Cameroon137.715.1152.8Canada4,721.6487.25,208.8Cape Verde7.11.48.5Central African Republic41.32.844.0Chad41.52.744.2Chile634.660.3695.0China5,997.3755.66,752.9Colombia573.850.3624.1Comoros6.61.27.8Congo, Dem. Republic of395.129.4424.5Congo, Republic of62.77.370.0Costa Rica121.611.2132.8Cote d'Ivoire241.132.0273.1Croatia270.732.5303.1Cyprus103.59.9113.4Czech Republic *607.4172.8780.2Denmark1,217.8134.81,352.6Djibouti11.82.214.0Dominica6.11.27.2Dominican Republic162.315.0177.2Ecuador224.131.3255.4Egypt699.663.0762.5El Salvador127.011.8138.8Equatorial Guinea24.21.325.5Eritrea *11.83.415.2Estonia *48.313.662.0Ethiopia99.117.7116.8Fiji52.18.060.1Finland936.9110.01,046.8France7,960.61,093.89,054.3Gabon114.418.2132.6Gambia, The23.11.624.6Georgia *111.432.5144.0Germany9,643.11,205.310,848.4Ghana273.517.3290.9Greece610.168.7678.8Grenada8.71.610.2Guatemala155.817.4173.2Guinea79.45.584.9Guinea-Bissau10.51.912.4Guyana67.45.272.6Haiti60.74.164.8Honduras96.08.8104.8Hungary *769.8221.3991.1Iceland87.28.695.8India3,082.5214.63,297.1Indonesia1,541.4200.11,741.5Iran1,109.972.11,182.0Iraq881.0185.11,066.0Ireland621.566.6688.2Israel688.188.9777.0Italy5,230.3643.45,873.7Jamaica202.718.3221.0Japan9,868.91,524.411,393.3Jordan126.418.8145.2Kazakhstan *271.172.6343.7Kenya201.221.5222.7Kiribati *4.21.25.3Korea2,170.0161.52,331.5Kosovo *43.711.655.4Kuwait1,023.8265.01,288.8Kyrgyz Republic *65.818.984.7Lao, People's Dem. Republic39.22.141.3Latvia *94.026.8120.8Lebanon150.538.4188.9Lesotho25.93.329.1Liberia95.87.2103.0Libya833.0180.91,013.9Lithuania *106.930.3137.2Luxembourg206.922.8229.7Macedonia, FYR51.16.257.2Madagascar90.67.297.8Malawi51.43.955.4Malaysia1,102.0105.11,207.1Maldives6.11.37.4Mali69.24.373.5Malta75.68.584.1Marshall Islands *2.60.73.3Mauritania47.74.251.9Mauritius75.35.781.1Mexico2,337.2224.02,561.2Micronesia, Fed. States of *3.81.04.8Moldova *91.326.4117.7Mongolia *37.910.948.8Montenegro *20.45.425.8Morocco436.039.7475.7Mozambique *84.224.6108.8Myanmar191.610.7202.3Namibia *101.229.2130.4Nepal52.97.160.0Netherlands3,826.9479.44,306.3New Zealand663.249.3712.4Nicaragua96.48.7105.1Niger48.84.853.5Nigeria1,299.7218.61,518.2Norway1,239.2156.11,395.3Oman143.828.7172.6Pakistan766.352.3818.6Palau, Republic of *2.30.73.0Panama153.217.5170.7Papua New Guinea97.618.6116.2Paraguay74.17.481.5Peru473.345.3518.6Philippines652.369.1721.4Poland *1,014.9289.81,304.6Portugal643.0110.1753.2Qatar195.643.0238.6Romania763.7145.1908.8Russia *4,407.41,264.45,671.8Rwanda59.43.763.1Samoa8.61.39.9San Marino *12.62.915.5Sao Tome and Principe5.51.06.5Saudi Arabia5,178.41,308.56,487.0Senegal119.910.4130.3Serbia346.741.7388.4Seychelles6.51.47.9Sierra Leone76.95.282.1Singapore639.488.4727.7Slovak Republic *265.075.5340.5Slovenia171.818.7190.5Solomon Islands7.71.59.3Somalia32.84.236.9South Africa1,385.1179.91,565.1Spain2,260.2268.62,528.8Sri Lanka306.518.1324.6St. Kitts and Nevis *6.61.98.5St. Lucia11.32.513.8St. Vincent and the Grenadines6.21.47.6Sudan125.816.1141.9Suriname68.312.180.3Swaziland37.64.341.9Sweden1,775.8226.62,002.4Switzerland *2,563.8724.23,288.0Syrian Arab Republic217.625.0242.6Tajikistan *64.517.682.1Tanzania147.411.7159.1Thailand802.083.6885.6Timor-Leste *6.11.67.7Togo54.44.959.4Tonga *5.11.56.6Trinidad and Tobago248.826.1274.9Tunisia212.426.1238.5Turkey883.175.9959.0Turkmenistan *55.714.169.8Uganda133.89.9143.7Ukraine *1,017.1292.41,309.4United Arab Emirates453.576.2529.7United Kingdom7,960.6260.68,221.1United States27,539.12,877.030,416.2Uruguay227.216.1243.3Uzbekistan *204.358.5262.8Vanuatu *12.63.716.3Venezuela1,971.2255.12,226.4Vietnam244.023.2267.1Yemen, Republic of180.523.0203.5Zambia362.638.3400.8Zimbabwe262.066.4328.4Total3161,184.3321,452.7182,637.0Source: IMF Finance Department. 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dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 where in any of this is there minion of cashing dinar holders ....there are none they have all been cashed out if they work for the government of iraq ....and converted to digital currency ......if the want cash the go to the bank like every one else dose Have you ever had a job other than mowing yards son you don't get payed in cash any more not with a unit I worked for RIO project(Halliburton)not KBR in 03-05 where i moved to RMS( red horse USAF) Before moving to FLUOR FGG :lol: :lol: :lol: :lol: Sure ya did randalln. I cant believe I am even carrying on a debate with an incoherent compulsive liar. I love how everyone including you has cashed out while us poor speculators who aren't in the "know" like you have to just sit and wait and maybe even beg you for a snippit of what its like to cash out huh Randalln? Again Randalln, why doesnt your niece or you or any of these "employees" just take their new found millions and buY a billion dinar at 1166 right now and then cash in again? ANSWER THAT QUESTION OR ELSE YOU ARE EXPSOSED AS THE LIAR YOU ARE!!!!!! 1 Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm This is the link Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 (edited) where in any of this is there minion of cashing dinar holders ....there are none they have all been cashed out if they work for the government of iraq ....and converted to digital currency ......if the want cash the go to the bank like every one else dose Have you ever had a job other than mowing yards son you don't get payed in cash any more not with a unit I worked for RIO project(Halliburton)not KBR in 03-05 where i moved to RMS( red horse USAF) Before moving to FLUOR FGG Double post. Whoops Edited June 12, 2012 by dinarck Link to comment Share on other sites More sharing options...
lightfighter Posted June 12, 2012 Report Share Posted June 12, 2012 Cmon now , I was in bed. Hell,i got up and made pop corn... Is it intermission Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 (edited) :lol: :lol: :lol: :lol: Sure ya did randalln. I cant believe I am even carrying on a debate with an incoherent compulsive liar. I love how everyone including you has cashed out while us poor speculators who aren't in the "know" like you have to just sit and wait and maybe even beg you for a snippit of what its like to cash out huh Randalln? Again Randalln, why doesnt your niece or you or any of these "employees" just take their new found millions and buY a billion dinar at 1166 right now and then cash in again? ANSWER THAT QUESTION OR ELSE YOU ARE EXPSOSED AS THE LIAR YOU ARE!!!!!! Because there ant that much out there son ....and even if there was .....where you going to cash it in last time i checked you can only buy stock in iraq ....of witch i HAVE and the cash i still have is only worth $856.00 per million Edited June 12, 2012 by randalln Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2012 Author Report Share Posted June 12, 2012 http://www.imf.org/external/np/tre/sdr/proposal/2009/0709.htm This is the link You say you have "prove" hahaha.... of the RV and then bring the definition of SDRs. What do SDRs have to do with anything? Because there ant that much out there son ....and even if there was .....where you going to cash it in last time i checked you can only buy stock in iraq ....of witch i HAVE and the cash i still have is only worth $856.00 per million Really? Call Ali. He will sell you a billion tomorrow. Dinar banker will sell you another billion that afternoon. You are wacked! Link to comment Share on other sites More sharing options...
randalln Posted June 12, 2012 Report Share Posted June 12, 2012 and all this cash in or buy more means nothing if you don't work for the GOI and if I'm not mistaken ...arent there several GOI employes on trial right now for that exact thing you are speaking of Link to comment Share on other sites More sharing options...
Markinsa Posted June 12, 2012 Report Share Posted June 12, 2012 4 1 Link to comment Share on other sites More sharing options...
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