DinarThug Posted May 8, 2014 Report Share Posted May 8, 2014 CNN. Broadcasting A Long Stryker Post ! 5-7-14 Stryker: Stryker Blog 5.7.2014. The Year of Changes in Iraq Including the Iraqi Dinar. It is amazing that Iraq has stood up to the many distractions that has come its way this year. From the breakup of the Shia party which marginalized Maliki’s ability to pass the 2014 Fiscal Year Budget by majority, to a successful election month which saw the completion of the third parliamentary elections since the Iraqi constitution was written in 2005, but causing at the same time the highest death tolls witnessed on record since 2006. All these and more Iraq has stayed solid and strong. The Iraqis continue to want more out of their leaders and this was proven when 60% of the registered voters went to the polls on April 30th despite al-Qaeda violence and an impressive 70% showed up to vote for change in the worst terrorist active Anbar province. ~~~ Out of all of Iraq only one polling station was closed in the town of Fallujah, once again showing that the citizens demand change. The old saying, “the fish rots from the head down” descripts in my opinion Iraq’s Prime Minister Nouri al-Maliki to a tee and why Iraq is number 7 out of the top 23 most corrupt countries in the world. Millions of dollars under Maliki’s administration continue to be stolen from state coffers every year. To gain a job in Maliki’s army or government meant that an Iraqi would have to pay a bribe. Each Civil Servant on average makes 4 bribes per year and if that bribe was too high, he or she could end up in jail or loss their job. 50% of Iraqi’s questioned this year in a study held by the U.N. Assistance Mission to Iraq (UNAMI) said that corruption is on the rise. The common denominator of all the crisis in the country of Iraq over the years has always come down to this modern day dictator called Nouri al-Maliki. If you refused to go along with Maliki’s ways he just had is corrupt Baathian party judge Medhat al-Mahmoud write an arrest warrant as he did to oust Dr. Shabibi from his office as governor of the Central Bank of Iraq in 2012. He holds more government titles than any other leader in the world and on top of that he gets paid $3 million dollars a year to do so, making him the highest paid Prime Minister on the globe. He will do whatever it takes to stay in power because another law that he has stopped dead in its tracks gives him immunity to crimes against humanity and corruption as long as he holds a political position. Despite all the corruption, lies, broken promises and deceit made by Maliki and others, Iraq seems to be resilient and full of change. With a new government on the horizon and an imminent change in leadership in the forecast we see people like Abdul Basset Turki, acting governor of the Central Bank of Iraq speaking out. He has stated that the time is acceptable and all measures will be in place by the middle of the year to reform the Iraqi dinar. He said there will be no hesitation in raising the zeros from the local currency once the political and economic conditions are right. Enhancement of the value of the Iraqi dinar externally has taken place over the last 11 years said Turki but my research in connected all the dots looks like a significant change is coming to Iraq that will mean that all records will need to be adjusted. From Mr. Turki himself, “the implementation of such a project needs to arrange all the accounts and records” quote unquote. The project that he refers to is raising the zeros from the local currency. So far these external increases in the exchange rate of the dinar hasn’t needed any changes in accounting and records but a major change will required such actions. Furthermore, if it was just a case of dropping the three zeros or lopping the zeros as some refer to it, the accounting and records would easily be adjusted. All you would need to do is drop three zeros, move the decimal point over but revaluation of the exchange rate by raising the zeros would cause of major adjustments in the accounting and records. Additional points to back my statements, by the Central Bank announcing that they have improved the current series of banknotes and will be putting into circulation the newly designed 250, 500 and 1,000 dinar notes tells me that they do not plan on redenominating the Iraqi dinar, they plan is raising the value by removing the zeros from the exchange rate. Here is another quote of Mr. Turki; "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country." Why would they print all these new banknotes with zeros if the plan was just to delete the zeros from them? See what I mean, Turki is not talking about deleting the zeros off the currency, he is talking about raising the value by raising the zeros off the exchange rate! The plan has always been IMO to drop the three zeros of the exchange rate and why many Iraqi’s believe that their currency will be equal to the USD and then one day, with patients they believe it will be worth what it was in the 80’s. A revaluation of the Iraqi dinar with a new look of enhancements to the current series of banknotes is exactly what the Turki is telling the Iraqi citizens and not redenominating their wealthy currency. If what we are reading comes to light Maliki’s last day as Prime Minster of Iraq will be June 14th and it sure looks like Hakim’s Citizens Coalition, Allwai’s National Alliance, Unity Party, the Kurdistan Alliance and a few more are meeting to go over the formation of the new government and nothing includes al-Maliki. All road maps seem to be leading to economic reform and a major change in the monetary structure of the Iraqi dinar but keep in mind that it is Iraq we are dealing with and anything can happen to change this course. Where I believe there is a well-defined plan in place, some great leaders to see it through and some solid coalitions in agreement to get them there I urge everyone to be casually optimistic but if what I point out here day comes to true we will be having an early July RVQ. Chin up and stay grounded but I believe we/they are about here my friends. 14 Link to comment Share on other sites More sharing options...
stealthwarrior Posted May 8, 2014 Report Share Posted May 8, 2014 Well I don't know,i asked Adam that question yesterday and he said raising the zeros doesn't mean an increase in currency value. Check it out.it's posted in Adams chat from yesterday. 1 Link to comment Share on other sites More sharing options...
few24u Posted May 8, 2014 Report Share Posted May 8, 2014 Stryker tells it as he sees it! His research backs what he sees. He has guts as he is also quite visible. Nice read here. 5 1 Link to comment Share on other sites More sharing options...
sandfly Posted May 8, 2014 Report Share Posted May 8, 2014 THANKS 4 Link to comment Share on other sites More sharing options...
RodandStaff Posted May 8, 2014 Report Share Posted May 8, 2014 (edited) I have to admit early on I got some misinformation on Maliki...and it's taken me a while to sort out the facts...now I realize this guy has got to go....and hopefully soon!!! Sandfly Thug!!! ;o) Come On RV Baby!!! Edited May 8, 2014 by RodandStaff 4 Link to comment Share on other sites More sharing options...
ChuckFinley Posted May 8, 2014 Report Share Posted May 8, 2014 Thanks Thug - Stryker has been a pretty straight shooter. I am no guru, but I feel that this ride is coming to and end. No date or rate - lol. 6 Link to comment Share on other sites More sharing options...
dinarbeleiver Posted May 8, 2014 Report Share Posted May 8, 2014 (edited) Well I don't know,i asked Adam that question yesterday and he said raising the zeros doesn't mean an increase in currency value. Check it out.it's posted in Adams chat from yesterday. American C says that when they talk about the deletion of zeros they mean the new currency ie lower denoms. I think they will delete the zeros off the exchange rate. The lop plan was voted against 3 -4 years ago anyway! Here is a true rumour Dinar uk have no more currency to sell they are completely out of IQD I'm hoping it's because Iraq is pulling in their currency! Edited May 8, 2014 by dinarbeleiver 5 Link to comment Share on other sites More sharing options...
mrref Posted May 8, 2014 Report Share Posted May 8, 2014 Thanks Thug - Stryker has been a pretty straight shooter. I am no guru, but I feel that this ride is coming to and end. No date or rate - lol. There will never be a date or rated published..We will never ever know that info .. It will just happen... 4 Link to comment Share on other sites More sharing options...
ronscarpa Posted May 8, 2014 Report Share Posted May 8, 2014 Thanks for posting Stryker D.T. (+1) .. like what was said above by Chuck, Stryker is a straight shooter...! 4 Link to comment Share on other sites More sharing options...
handy Posted May 8, 2014 Report Share Posted May 8, 2014 stryker does good research and backs up what he says with links . he's giving his opinion based on the news that's coming out this year , if that opinion happens to be positive there's nothing wrong with that ... 3 Link to comment Share on other sites More sharing options...
George Hayduke Posted May 8, 2014 Report Share Posted May 8, 2014 Stryker is sharp and he has a good crew over there. If this thing kicks like he thinks it will, there will be one big 'ol BBQ down in Texas. Even LGD will be welcome 4 Link to comment Share on other sites More sharing options...
easyrider Posted May 8, 2014 Report Share Posted May 8, 2014 American C says that when they talk about the deletion of zeros they mean the new currency ie lower denoms. I think they will delete the zeros off the exchange rate. The lop plan was voted against 3 -4 years ago anyway! Here is a true rumour Dinar uk have no more currency to sell they are completely out of IQD I'm hoping it's because Iraq is pulling in their currency! correct.. NOT just the dinar but ALL currencies. https://www.dinaruk.com/order.php 3 Link to comment Share on other sites More sharing options...
EagleEye Posted May 8, 2014 Report Share Posted May 8, 2014 American C says that when they talk about the deletion of zeros they mean the new currency ie lower denoms. I think they will delete the zeros off the exchange rate. The lop plan was voted against 3 -4 years ago anyway! Here is a true rumour Dinar uk have no more currency to sell they are completely out of IQD I'm hoping it's because Iraq is pulling in their currency! I have no reason to doubt you about this but can you back it up somehow ??? Thanks 2 Link to comment Share on other sites More sharing options...
easyrider Posted May 8, 2014 Report Share Posted May 8, 2014 I have no reason to doubt you about this but can you back it up somehow ??? Thanks I have no reason to doubt you about this but can you back it up somehow ??? Thanks see above LOL 2 Link to comment Share on other sites More sharing options...
EagleEye Posted May 8, 2014 Report Share Posted May 8, 2014 correct.. NOT just the dinar but ALL currencies. https://www.dinaruk.com/order.php whoa ask and you shall receive thanks easy 2 Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted May 8, 2014 Report Share Posted May 8, 2014 Stryker is sharp and he has a good crew over there. If this thing kicks like he thinks it will, there will be one big 'ol BBQ down in Texas. Even LGD will be welcome LOL. Ya think. Sorry but I'll be in Belize with Adam. 3 1 Link to comment Share on other sites More sharing options...
lost one Posted May 8, 2014 Report Share Posted May 8, 2014 LOL. Ya think. Sorry but I'll be in Belize with Adam. HIMMMMM ,Got something going on... 1 Link to comment Share on other sites More sharing options...
respectron Posted May 8, 2014 Report Share Posted May 8, 2014 Thanks for the post Thugs! I see you were burning the midnight oil!!! Hope everything is good for ya? 1 Link to comment Share on other sites More sharing options...
sportfisher Posted May 8, 2014 Report Share Posted May 8, 2014 (edited) Furthermore, if it was just a case of dropping the three zeros or lopping the zeros as some refer to it, the accounting and records would easily be adjusted. All you would need to do is drop three zeros, move the decimal point over but revaluation of the exchange rate by raising the zeros would cause of major adjustments in the accounting and records. this statement is not accurate and attempts to make a RV sound more difficult dropping or lopping three zeros (a redenomination) would cause adjustments in accounting and records, as well as the issuance of a completely new currency, while demonitizing the old, with an exchange period. Moving the decimal point of the exchange rate would be required. Obviously there would need to be an adjustment in prices and wages. Prices and wages would need to be lowered appropriately. a revaluation (straight increase) would require a noted date of execution, moving decimal point on exchange rate hopefully, and issuance of smaller denoms if required. Obviously there would need to be an adjustment in prices and wages if there was a significant increase in value, prices and wages would need to be lowered appropriately do to the new strength of the currency. Edited May 8, 2014 by sportfisher 3 Link to comment Share on other sites More sharing options...
AmericaInc Posted May 8, 2014 Report Share Posted May 8, 2014 correct.. NOT just the dinar but ALL currencies. https://www.dinaruk.com/order.php off the exchange rate would mean .86 cents to us, correct? That's 860,000 per million? Link to comment Share on other sites More sharing options...
umbertino Posted May 8, 2014 Report Share Posted May 8, 2014 off the exchange rate would mean .86 cents to us, correct? That's 860,000 per million? I'd be unjustly rich then....Smile. 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted May 8, 2014 Report Share Posted May 8, 2014 SO we have stryker and Tlar...who never quote a rate or date....BOTH saying within the next few months..(at the most) Hummmm..hard no to have a couple of butterflies. 4 Link to comment Share on other sites More sharing options...
larryk43 Posted May 9, 2014 Report Share Posted May 9, 2014 Thanks Thug - Stryker has been a pretty straight shooter. I am no guru, but I feel that this ride is coming to and end. No date or rate - lol. Hey Chuck, I loved you in Burn Notice! 1 Link to comment Share on other sites More sharing options...
ChuckFinley Posted May 9, 2014 Report Share Posted May 9, 2014 Thanks Larryk43. I really tried to do my best but you know how those FBI guys are, just a bumch of B@@@@@ old ladies. When this final happens, let get together for a beer. I will be passing right through GA on my way to FL. 2 Link to comment Share on other sites More sharing options...
larryk43 Posted May 9, 2014 Report Share Posted May 9, 2014 Thanks Larryk43. I really tried to do my best but you know how those FBI guys are, just a bumch of B@@@@@ old ladies. When this final happens, let get together for a beer. I will be passing right through GA on my way to FL. Sounds like a plan to me, Bruce - lol. 1 Link to comment Share on other sites More sharing options...
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