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Decorating tips for Dinar Wallpaper

Aaron

By Aaron,
in Dinar Rumors

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Aaron Newbie

Aaron

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I'd like to hear you guys' ideas for cool wallpaper layouts. Im thinking of wallpapering the guest room with Dinars but I dont want to just line them up "end to end". I was watching HGTV and they did a cool thing with a frame and wallpapering inside the frames, where it looks like windows. Might be a cool idea.

What are you guys planning on doing with your wallpaper?

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tampa1000 Newbie

tampa1000

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Have FAITH AND READ THIS!!!

1. Proof of Iraq's Action Plan to RV!!!

As most of you, I always want to get to the bottom line of what is actually so, or the truth. The recent IMF “Letter of Intent” document signed by Shabibi and Baqir S. Jabr Al-Zubaydi (Minister of Finance of Iraq) shows more than meets the eye! I have underlined a few key words in the “letter of intent” that explain precisely what the Iraq and CBI are planning to do with their currency, and this my friend is great news!

I’ve taken just the 25th and 26th lines in this “letter of intent” for my analysis. Please see read the following.

LETTER OF INTENT

February 8, 2010

Mr. Dominique Strauss-Kahn

Managing Director

International Monetary Fund

700 19th Street, N.W.

Washington, D.C. 20431

25. We are (1)committed to strengthening the management of (2)international reserves by moving ahead with the implementation of (3)new reserves management guidelines that were adopted in early August 2008. We will follow the guidelines to diversify (4)currency composition and establish appropriate duration and credit risk, build capacity for risk analysis, and (5)work towards establishing a dealing room. We will also provide by end-March 2010 more frequent reports to the CBI board based on the investment criteria established in the guidelines.

26. To improve the functioning of foreign exchange auctions, we plan to develop

organized exchange markets outside the central bank, including an interbank foreign

exchange market. Our aim is to establish a forward market in Iraqi dinars in the near future.

http://www.imf.org/External/NP/LOI/2010/irq/020810.pdf

Analysis:

1. Committed- to be dedicated, devoted, steadfast, or unwavering

2. International Reserves- Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits and bonds held by central banks and monetary authorities. However, the term in popular usage commonly includes foreign exchange and gold, SDRs and IMF reserve positions. This broader figure is more readily available, but it is more accurately termed official international reserves or international reserves. These are assets of the central bank held in different reserve currencies.

3. New Reserves Management Guidelines- Read the following from the IMF’s last “letter of intent” below.

B. Monetary and Exchange Rate Policies

http://www.imf.org/external/np/loi/2008/irq/112908.pdf

“16. We continue to strengthen the accounting and reporting framework of the CBI.

The CBI has appointed a control committee, which is responsible for developing control

procedures and manuals, and for establishing a modern internal audit function with the

assistance of external consultants. An independent audit committee has also been set up,

which will be made operational shortly. The audit committee includes one external expert

and is tasked with making recommendations regarding external and internal audit oversight, financial reporting, and controls. Efforts will be stepped up to reconcile suspense accounts 7 and CBI intra-branch accounts, and to establish a register of outstanding off-balance sheet commitments (letters of credit and guarantees). We will also appoint shortly an external auditor to undertake the audit of the CBI 2008 financial statements in accordance with International Standards on Auditing. The CBI will work with the Ministry of Finance to adopt an audit selection and rotation policy for future audits. To facilitate implementation of International Financial Reporting Standards (IFRS) by end-2009, we will engage an external expert to assist the CBI in the conversion process. We are also moving ahead in implementing our new reserves management guidelines that were adopted in early August.”

“17. We have made progress in moving towards accepting the obligations of Article VIII,

Sections 2(a), 3, and 4, of the Fund’s Articles of Agreement. The review of exchange laws and regulations is nearing completion. We will work with Fund staff to complete the review as soon as possible and are ready to implement the Fund staff’s recommendations once we receive them. In the meantime, we are committed to not impose any restrictions on the making of payments and transfers for current international transactions nor to introduce any multiple currency practices.”

4. Currency composition- A reserve currency, or anchor currency, is a currency which is held in significant quantities by many governments and institutions as part of their foreign exchange reserves. It also tends to be the international pricing currency for products traded on a global market, such as oil, gold, etc. Basically what they are telling us here is that Iraq has enough reserves to back up their currency because they have plenty of assets.

http://www.imf.org/external/np/sta/cofer/eng/index.htm

5. Work towards establishing a dealing room, organized exchange markets outside the central bank, including an interbank foreign exchange market- Simply put, they are going to trade their currency the U.S. does. In order to do this, they have to release themselves from the currency restrictions, or revalue their currency.

If you look at the following link below, you can go in and read any of the articles that are being discussed in this thread, or at anytime. Please save the links provide for future reference.

IMF: Articleshttp://www.imf.org/external/pubs/ft/aa/

Important!!!!

Just yesterday (March 16th, 2010), the IMF came out with the following information describing “removal of all restrictions under Fund jurisdiction, and they are committed to a liberal (unrestricted or free) exchange regime”! This is what we have been waiting for!!! This their commitment to lifting the currency restrictions and allowing themselves to move into the international currency exchange market!!! This is one of the last steps before revaluing the currency and placing it on the international currency exchange my friends! Please read carefully below….

Iraq: Staff Report for the 2009 Article IV Consultation and Request for Stand-By

Arrangement

February 16th, 2010

http://www.imf.org/external/pubs/ft/scr/2010/cr1072.pdf

33. The authorities are committed to a (1) liberal exchange regime and to (2)removing all restrictions under Fund jurisdiction. Iraq has a generally unrestricted current account regime and a significantly liberalized capital account. (3)However, four measures have been identified to give rise to exchange restrictions subject to Fund approval. Three relate to a requirement to pay all obligations and debts to the government before relevant payments are transferred abroad, and one to an inoperative bilateral payments agreement with Jordan. The authorities are considering measures to remove the identified restrictions, with a view to (4) accepting Article VIII of the Fund’s Articles of Agreement, (5) but it may take time to resolve the last restriction because of the pending resolution of Iraq’s debts to Jordan.

1. Liberal Exchange Regime – Free to exchange their currency on the open market or revalue the currency!!!

2. Removal of the currency restrictions that will allow them to RV!!!

3. What needs to happen before they can RV.

4. They have to accept article VIII (http://www.imf.org/external/pubs/ft/aa/aa08.htm)

5. Iraq’s debt Jordan will not hold this up- IMO. The world needs this RV and it will stay on course!

Conclusion:

We are right there folks! It has been clearly written in the above articles and “letters of intent”. Intel will be intel, but this research hands down will give you greater “peace of mind” and assurance that we will rich because Iraq / CBI will revelue their currency!

Can I get a Yabba Dabba Dooooo?! Amen?! God Bless?! Can you tell I’m excited?

This is the last part of the article IV that I failed to mention in my last post above. Please note the underlined words! Very Important!

57. Staff also urges the authorities to move forward with their plans to liberalize the

exchange regime by removing the exchange restrictions that fall under Fund

jurisdiction. Specifically, the authorities are encouraged to establish a timetable to remove

these restrictions promptly, and to subsequently accept the obligations under Article VIII,

Sections 2(a), 3, and 4.

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DaveH Newbie

DaveH

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I'd like to hear you guys' ideas for cool wallpaper layouts. Im thinking of wallpapering the guest room with Dinars but I dont want to just line them up "end to end". I was watching HGTV and they did a cool thing with a frame and wallpapering inside the frames, where it looks like windows. Might be a cool idea.

What are you guys planning on doing with your wallpaper?

first, shred the dinar and take a pic and send it to us, then put glue on the wall and throw the shredded dinar at it. wherever it sticks, let it stay. should look very artistic. take another pic and send it to us.

when the dinar rv's , call suicide hotline.

hope that helps :lmao: :lmao:

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firecarl Newbie

firecarl

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It makes a great fire starter too.... the $ 10,000 bills make a pretty bluish green flame and the $ 25,000 make more of a purplish hue.

It is a great conversation starter at parties when you light your cigar with "real " money, but pull out the funny money and the party really starts.

If you can't laugh about it, you might as well cry... but the bills don't soak up water very well. They definitely ain't a quicker picker upper.

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Ranger77 Newbie

Ranger77

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Posted
I'd like to hear you guys' ideas for cool wallpaper layouts. Im thinking of wallpapering the guest room with Dinars but I dont want to just line them up "end to end". I was watching HGTV and they did a cool thing with a frame and wallpapering inside the frames, where it looks like windows. Might be a cool idea.

What are you guys planning on doing with your wallpaper?

Already did!!! One whole walls worth...

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Aaron Newbie

Aaron

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So, if there's a lop and a negative rv I figure wallpapering with my 25K notes in a brick pattern with a border of 10K and 5K notes! It will be colorful as well as a good reminder of my hopes and dreams that crashed and burned...

i like this idea. The brick pattern is a good look. I may paint over them with an antique staining look.

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