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Iraqi Dinar Will Likely Be Demonetized !


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CNN. Broadcasting The Babbling's Of A 'Global Currency Reset' Loon !

 

 

 

Economics

Iraqi Dinar Will Likely Be Demonetized

September 14, 2014    By JC Collins

As the base structure for the emerging multilateral economic system continues to be built it is becoming increasingly likely that the Iraqi dinar will not survive the transition as first anticipated by many. 

The proxy wars taking place in the Middle East and Eastern Europe have splintered many alliances in the socioeconomic and geopolitical worlds.
 
American industrial interests are attempting to consolidate their control over natural resources around the world. 

One front in this resource war can be found in Ukraine where the fate of European alliances will be determined.  One way or another the outcome in Ukraine will force Europe into the waiting arms of Russia and Asia or it will stay connected with America.
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  A second front can be found in the Middle East and this front has two micro fronts which are Iran and Syria. 

As detailed in the post The Devil’s Tears, the US had attempted to setup a western friendly government in Iraq but the government eventually began moving into the economic and geopolitical sphere of Iran and China.

With the risk of losing Europe to the east America had to act quickly to ensure they did not lose the resources of Iraq as well.

The ISIS threat is tailored perfectly to help America in this cause.  So the situation we are left to decipher is whether America will determine Europe or Iraq to be the more viable outcome. 

With the intense and strategic pressure from Russia in Ukraine and the sudden increase of violence and onset of ISIS in Iraq it can be concluded that America is positioning itself for continued occupation and control of Iraq.

It is glaring obvious that Europe is integrating with Russia and the Chinese renminbi, leaving America in a futile position. 

At some point soon there will be a lasting peace in Ukraine, and then Europe and the BRICS countries will precariously continue on their path of economic integration which was interrupted with the coup in Ukraine during the Winter Olympics.

The rest of the world will begrudgingly allow Iraq and the oil in its sands to remain within the American economic sphere.

As such, when the system transitions to the multilateral and the renminbi is finally added to the SDR basket, much of the benefits that Iraq would have been allowed under a BRICS alliance will be wasted on a continued and forced relationship with the United States.

The problem for the dinar will be found in bringing the oil to market under a US dollar regime. Considering the level of integration which the new multilateral system will demand, even between America and China, it is highly probable that the Iraqi dinar will be demonetized and a new regional dinar will be implemented at some point. 

This will satisfy the international interests of systemic balance while giving American industrial interests the resource allocation which they so clearly demand.

There was a time when the Iraqi dinar may have had a chance at some level of revaluation, but considering it is not presently traded, and doesn’t look to be traded before the economic transition,
it is unlikely that the rest of the super-sovereign entity which is emerging will welcome an American dominated dinar for oil scam. 

America and Iraq will likely be forced into using a regional dinar which is under the guidance and strict controls of the larger economic and geopolitical machinations of the multilateral.  – JC

http://philosophyofmetrics.com/2014/09/14/iraqi-dinar-will-likely-be-demonetized
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Interesting read, seemed to have a very anti-American vibe and definitely swayed one direction. I am sure the Iraqi people would still rather be under the fist of Saddam. I have been to Ukraine three times this year and I am responding to this post from Sumy, Ukraine now. I can tell you the Ukrainian people (not the Russian that also live here) do not appreciate Putins attention at control. They do like America, and want the same freedoms and choice.

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Interesting read, seemed to have a very anti-American vibe and definitely swayed one direction. I am sure the Iraqi people would still rather be under the fist of Saddam. I have been to Ukraine three times this year and I am responding to this post from Sumy, Ukraine now. I can tell you the Ukrainian people (not the Russian that also live here) do not appreciate Putins attention at control. They do like America, and want the same freedoms and choice.

Ok idplzr... Grazie...Is it true Ukrainian women are mostly beautiful?

 

I assume you're a male.....If I'm wrong, I do apologize.

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This article is poorly written and reaching. I would almost believe it was written by a disgruntled lopster. I don't usually comment on negative articles, but something about this one just screams ulterior motive.

 

JC Collins IS Canadian, so that may have something to do with the slant.

 

Regardless, even if the IQD were traded in for Kuwaiti Dinar or Chinese Yuan, it would still have global monetary value.

 

Compared with where we are at today with the current value of the IQD, I would gladly switch out my Dinar for something of value.

 

Even an exchange for Home Depot gift cards would be a consideration if the price was right!

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It seems to me that no one on these sites knows a damn thing about when  or why or how this experience will come about. They are all opinions and hopeful or hopeless feelings that they have...... and they are entitled to those feelings. But I, for one, won't put much stock in any of these "opinions" and everyone else should do the same. Don't get your shorts in a knot about anything said here, either positively or negatively. It will happen when it happens.... PERIOD !!!

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DT. Thanks for the article. I largely agree with idplzr. Idplzr I thank you for writing from Ukraine. Putin does appear to be trying to colonize Europe, just as Hitler did prior to WW II, evidence his using the same excuse der fuehrer used to invade the surrounding countries at that time.

Putin is using his poker face as he reals from a couple of hits from us. 1st, notice that oil is trading at under $93 a barrel as long as that happens Putin ain't making bank cuz his break even point is $93 per barrel of oil. Secondly, if we can place Iraq on a firm foundation where they can defend themselves they will be able to service Europe with oil via the Turkish pipelines, and thus break Russia's grip on Europe via all the Russian oil and gas pipelines Russia has going through Ukraine.Since Iraqs break even/profit point is (I forget) $83 or $86 per barrel. Now these hits have only slowed him up, made it hard to breath for him a little. If this western goal can be reached we will find ourselves in great position to profit from the situation. cuz this will knock out Russia.Besides the Shia Sunni dementions of the crisis in Iraq, Russia wants to stop us via their meddling in Iraq via ISIS. Don't forget to factor in their influence with Syria and Iran.

Personally, I hope we manage to stabilize Iraq enough so they can pass all the important yet delayed laws (HCL) so they can so they can RV this thing allowing those of us who are hoping to move on with our life.

Don't worry about the BRICS efforts to devalue the USD on the world markets because if they ever do that they will tank themselves since they each have a large portion of their reserves in USD. This would allow the US to repay our debt to China with cheap money. It would also allow us to draw most international investments and manufacturers back into the US from those countries as it would be cheap to invest in the US. Also once we succeed in Iraq, and hopefully we will, and we will be able to diversify by investing in the return of American industrialism at that point.

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Ok idplzr... Grazie...Is it true Ukrainian women are mostly beautiful?

 

I assume you're a male.....If I'm wrong, I do apologize.

 

lol

 

OH HELL YEAH, they are largely GORGEOUS!!!

 

:)

 

That is where my future wife is coming from.

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