Hell froze over Posted September 5, 2012 Report Share Posted September 5, 2012 Link to comment Share on other sites More sharing options...
Texas1 Posted September 5, 2012 Report Share Posted September 5, 2012 Wall Street? 1 Link to comment Share on other sites More sharing options...
TAV Posted September 5, 2012 Report Share Posted September 5, 2012 You're right, now is the time that was given!!! Link to comment Share on other sites More sharing options...
JoeB Posted September 5, 2012 Report Share Posted September 5, 2012 You're right, now is the time that was given!!! Sadly, it was given by the Gurus, which means that it is BS. 3 1 Link to comment Share on other sites More sharing options...
jon29 Posted September 5, 2012 Report Share Posted September 5, 2012 It's existing in another dimension, it hasn't reached ours yet. Link to comment Share on other sites More sharing options...
Capn Geech Posted September 5, 2012 Report Share Posted September 5, 2012 I still see more days in my September calendar. Yours seems busted if it ends tomorrow. 2 Link to comment Share on other sites More sharing options...
cbisinger Posted September 5, 2012 Report Share Posted September 5, 2012 Because Gurus are liars and actualy just dinar salesmen in disguise 2 Link to comment Share on other sites More sharing options...
supergirl Posted September 5, 2012 Report Share Posted September 5, 2012 Not all guru ... There is an article from February that says September. I will post the link later today. Link to comment Share on other sites More sharing options...
mr john Posted September 5, 2012 Report Share Posted September 5, 2012 Im sure Okie has his. 1 Link to comment Share on other sites More sharing options...
Luigi1 Posted September 5, 2012 Report Share Posted September 5, 2012 Maliki took off for Iran instead of conducting business. Another window of opportunity was squandered away on the 1st. The next window of opportunity will be right before the London banking conference before the 18th. Let's hope this window is not squandered away. 1 Link to comment Share on other sites More sharing options...
rw.sutton Posted September 5, 2012 Report Share Posted September 5, 2012 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.kurdishglobe.net/display-article.html?id=3CBF63FA930E6C8FF6BBF1EDC3B7D027 1 Link to comment Share on other sites More sharing options...
teddyruxbin Posted September 5, 2012 Report Share Posted September 5, 2012 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.kurdishglobe.net/display-article.html?id=3CBF63FA930E6C8FF6BBF1EDC3B7D027 Yep...just as I thought they DID say that. They should have made lying an olympic event.You just know that Iraq would have taken away the gold,with the United States bringing home silver Link to comment Share on other sites More sharing options...
umbertino Posted September 5, 2012 Report Share Posted September 5, 2012 Because Gurus are liars and actualy just dinar salesmen in disguise Yep and people who have been in ths IQD madness long enough should have realized this simple fact by now. Link to comment Share on other sites More sharing options...
tellmewhen Posted September 5, 2012 Report Share Posted September 5, 2012 That was from the news report the gurus didn't make that up I remember reading it too. Now the gurus write the news??? Well, maybe they will be making the rules soon to. I'll bet they keep the RV all to themselves. Link to comment Share on other sites More sharing options...
bugmaniraq Posted September 5, 2012 Report Share Posted September 5, 2012 Because Gurus are liars and actualy just dinar salesmen in disguise If you got a dinar website than you are either selling dinars are some other product or service. Take it all in stride and think of it as bad entertainment. Link to comment Share on other sites More sharing options...
keepmwlknfny Posted September 5, 2012 Report Share Posted September 5, 2012 We should be happy we arent seeing them act on this..... Dont be so upset lol.... 1 Link to comment Share on other sites More sharing options...
Laid Back Posted September 5, 2012 Report Share Posted September 5, 2012 I want my RV Link to comment Share on other sites More sharing options...
powerpager Posted September 5, 2012 Report Share Posted September 5, 2012 INFIDELS !!! Link to comment Share on other sites More sharing options...
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