yota691 Posted May 10, 2015 Report Share Posted May 10, 2015 Central heading into a large printed banknotes Sunday 10 May 2015 | 11:34 Print large cash project categories not related to monetary policy but the payments system management Said Advisor to the Prime Minister of Iraq for Economic Affairs, the appearance of Mohammed Saleh in a statement to «life», that the draft Print Central Bank of Iraq large cash categories, an important step on the road to monetary reform, which supports the country's economy, pointing to a market need for large denominations, and that handle very large monetary blocs in Iraq, especially that cash payments outweigh the instruments to deal cards and electronic payments. He pointed out that printed large cash categories not related to monetary policy but the payments system project management, pointing out that this plan will be condensed amounts of money, especially large groups that make up 90 percent of the money supply in circulation. He explained that the launch of these large groups is to put the same amount of monthly money supply in the market but different categories, and not increase the original amount. He ruled out the potential for inflation by the implementation of the project, pointing out that the central does not lend the government and said, in the event of lending to the government and the issuance of large cash categories can get inflation in prices, The country suffered a contraction in liquidity both in dinars or in dollars with Abalg monetary bloc in Iraq size less than 40 trillion dinars (about US $ 31 billion). 6 Link to comment Share on other sites More sharing options...
jeepguy Posted May 10, 2015 Report Share Posted May 10, 2015 so the larger notes will be for payment of loans and bank to bank payments / ??? or just used as pennies !!!!!! what a dang waste of time and space ........ kill more trees print more toilet paper ....... why the hell not make dinar printed now valued more than .o5 cents per ? 5 Link to comment Share on other sites More sharing options...
Integrativedoc Posted May 10, 2015 Report Share Posted May 10, 2015 why the hell not make dinar printed now valued more than .o5 cents per ? Because there are too many dinar in circulation and their economy can't support a rate above 1166. Shabibi moved it 4 pips and it can't support that even. 7 10 Link to comment Share on other sites More sharing options...
jeepguy Posted May 10, 2015 Report Share Posted May 10, 2015 so too combat the problem we will print 50,ooo and a 100,ooo note just to make it easier to do business ? heck nooooooo ........ that is just a plan tooo con fuse an already confused population ......... oh wait a second the populous of Iraq is using the dollar ...... the only way Iraq is going to get a hold on the dang dinar and too much out ............. put a dang value on it and get it moving ! spend on products ....... get the average Iraqi too carry dinar and spend dinar ...... they are just holding dinar because every one loves the u.s dollar with a super higher value than .00000000000000 f-ing 85 per dinar { I am sorry this whole print new notes has me angry , and I do not mean to sound mad at brothers in the dinar ville } 9 Link to comment Share on other sites More sharing options...
SocalDinar Posted May 10, 2015 Report Share Posted May 10, 2015 So Saleh is saying that the money supply will not increase so no inflation is to be expected. So how long do we stay in the game when we see the 50k and 100k notes introduced.? 1 Link to comment Share on other sites More sharing options...
jeepguy Posted May 10, 2015 Report Share Posted May 10, 2015 social dinar ----- thjey will hit the streets as ssoon as that 800 million dang loan hits the Iraqi banks I bet Link to comment Share on other sites More sharing options...
tlars brother Posted May 10, 2015 Report Share Posted May 10, 2015 Some of you squirm for no reason, relax. There will be no loans to Iraq prior to the revalue. 4 1 Link to comment Share on other sites More sharing options...
denster Posted May 10, 2015 Report Share Posted May 10, 2015 This is all Crazy stuff , I try not to let it destact me,what ever happen to a one dinar bill, Raise the value and we are there.no problem. Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted May 10, 2015 Report Share Posted May 10, 2015 Saleh: arrrhhhh I'm gonna vomit. They have used this idiot for as long as I've been in dinar. But if they do print the 50,000 and 100,000 notes to make it easier for the people to carry less cash, and if it was "an important step on the road to monetary reform," Read more: http://dinarvets.com/forums/index.php?/topic/202281-central-heading-into-a-large-printed-banknotes/#ixzz3Zk9Ukuof Then it would be as stated, a step. And this seems like a very plausible scenario considering this comment, the launch of these large groups is to put the same amount of monthly money supply in the market but different categories, and not increase the original amount Read more: http://dinarvets.com/forums/index.php?/topic/202281-central-heading-into-a-large-printed-banknotes/#ixzz3ZkAaiXyL If this actually does happen, don't despair. Imagine what would happen when they tell every Iraqi around the end of the yr that there going to remove the largest notes to curb inflation. And that they will have only two months to bring those 50,000 and 100,000 notes to the bank and that you wont get replacement notes but will have to open an account with them. Sound familiar, it should because that is exactly what they did with the 50 dinar note. Essentially removing the 10,000 and 25,000 notes from the economy. About the only downside to this is that we will have to wait a little longer. 5 1 Link to comment Share on other sites More sharing options...
Off-the-grid Posted May 10, 2015 Report Share Posted May 10, 2015 I am not concerned. Y'all forget that the US has $100K notes - so the banks and gvt can transfer large amounts of cold cash easily. The CBI wants new large notes with the extra security features. It doesn't sound like we will even have to deal with a time limit to exchange ours because they say right up front that these new notes are for internal banking use. These notes will NOT hit the streets. So, why make them for internal use only UNLESS they will be too large for the public to use??? See where I'm going with this? I think this is an OUTSTANDING article. Peace and Prosperity 13 1 Link to comment Share on other sites More sharing options...
pocono Posted May 10, 2015 Report Share Posted May 10, 2015 Off-the -grid. Where does it say "right up front" that these notes are for internal banking use? 2 Link to comment Share on other sites More sharing options...
zzztop Posted May 10, 2015 Report Share Posted May 10, 2015 (edited) It's funny how you guys believe everything this propaganda minister says. Since 2010 he has been saying that the zeros were going to be deleted next month, three months, beginning of next year, yadda yadda yadda. Has it happened? No. They have been talking about these larger notes for as long as they have been talking about deleting the zeros. All they do is talk. Edited May 10, 2015 by zzztop 5 Link to comment Share on other sites More sharing options...
Texstorm Posted May 10, 2015 Report Share Posted May 10, 2015 Iraq can keep their zero's, I think that most of us are and or were lucky just to have wonderful mothers that loved us ! Happy Mothers Days to all of those great MOMS.... Thanks Yota ! 5 Link to comment Share on other sites More sharing options...
stealthwarrior Posted May 10, 2015 Report Share Posted May 10, 2015 If this article is true then there will be NO RV.if there was going to be an RV then they would be printing lower denoms.I see you guys negged the hell out of the poor bastard who is speaking the truth.I don't want my dinar to be worthless but it is looking like it is heading that way FAST.they pulled the 50's and it is only a matter of time before others follow.the coins,if they are even real will NEVER be released. This ride is about over but not in our favor. I have never seen a united states $100,000 note.could you please post a picture for me?thanks 4 2 Link to comment Share on other sites More sharing options...
ComPLX Posted May 10, 2015 Report Share Posted May 10, 2015 To all DV'ers. This is an investment. The first rule of investing: Do your own due diligence. What that means is DV (Although a great source) should be one of many resources, not the ONLY resource. For instance, is there a precedent for what's happening? Please see below http://www.businessinsider.com/the-history-of-the-100000-bill-2013-1?op=1 2 Link to comment Share on other sites More sharing options...
davis411 Posted May 10, 2015 Report Share Posted May 10, 2015 If this article is true then there will be NO RV.if there was going to be an RV then they would be printing lower denoms.I see you guys negged the hell out of the poor bastard who is speaking the truth.I don't want my dinar to be worthless but it is looking like it is heading that way FAST.they pulled the 50's and it is only a matter of time before others follow.the coins,if they are even real will NEVER be released. This ride is about over but not in our favor. I have never seen a united states $100,000 note.could you please post a picture for me?thanks no disrespect but i would like to hear from someone like Adam on this, very well could be smoke might be true, i have no contacts to touch base and try to clarify happy mothers day to all moms Link to comment Share on other sites More sharing options...
NextYear Posted May 10, 2015 Report Share Posted May 10, 2015 I have never seen a united states $100,000 note.could you please post a picture for me?thanks Here ya go http://mentalfloss.com/article/23692/100000-bill-story-behind-large-denomination-currency 5 Link to comment Share on other sites More sharing options...
davis411 Posted May 10, 2015 Report Share Posted May 10, 2015 Here ya go http://mentalfloss.com/article/23692/100000-bill-story-behind-large-denomination-currency sure would like a few of those in my wallet just for beer money thanks for bringing over 1 Link to comment Share on other sites More sharing options...
justchecking123 Posted May 10, 2015 Report Share Posted May 10, 2015 (edited) Well stated, comPLX. Hope.people will heed your advice. Edited May 10, 2015 by justchecking123 Link to comment Share on other sites More sharing options...
TLHUBER Posted May 10, 2015 Report Share Posted May 10, 2015 I say let everyone and I mean everyone sell their Dinar back to whomever they bought it from. Let's see what Iraq does then !!! Link to comment Share on other sites More sharing options...
davis411 Posted May 10, 2015 Report Share Posted May 10, 2015 To all DV'ers. This is an investment. The first rule of investing: Do your own due diligence. What that means is DV (Although a great source) should be one of many resources, not the ONLY resource. For instance, is there a precedent for what's happening? Please see below http://www.businessinsider.com/the-history-of-the-100000-bill-2013-1?op=1 that was interesting, thanks 1 Link to comment Share on other sites More sharing options...
skeetdog Posted May 10, 2015 Report Share Posted May 10, 2015 The largest notes now are the 25,000 dinar on the street...These new notes for eternal-banking are just for that...''Accountability''...This currency exchange isn't for us...we just lucked-up...Once these 25,000 dinar notes are cashed in or deposited into the banks they will be destroyed to account for these larger notes...Each country has a certain amount of 25,000 dinar notes...these notes plus the notes that the citizens of each country cash-in have to be accounted for...How better to condense the amount to a higher note that would be worthless on the street if some idiot did try to counterfeit it...This article actually is just stating that there ready to play ball with the Big-Boyz....OR maybe I just read it wrong... 1 Link to comment Share on other sites More sharing options...
Markinsa Posted May 10, 2015 Report Share Posted May 10, 2015 If this article is true then there will be NO RV.if there was going to be an RV then they would be printing lower denoms.I see you guys negged the hell out of the poor bastard who is speaking the truth.I don't want my dinar to be worthless but it is looking like it is heading that way FAST.they pulled the 50's and it is only a matter of time before others follow.the coins,if they are even real will NEVER be released. This ride is about over but not in our favor. I have never seen a united states $100,000 note.could you please post a picture for me?thanks I don't believe you are correct. You have seen the stacks and bundle notes in many pictures of the Iraq Dinar in the market place. By issuing a 50K Note, they will be able to eliminate those bundles. This would greatly enhance the economy by reducing the total number of banknotes in circulation. Its just another step in the RV. Granted it may take longer for the RV to happen, but its a step. Link to Large US Notes here: http://moneyfactory.gov/uscurrency/largedenominations.html Series: 1934 Portrait: Woodrow Wilson Back Vignette: The United States of America - 100,000 - One Hundred Thousand Dollars The $100,000 Gold Certificate was used only for official transactions between Federal Reserve Banks and was not circulated among the general public. This note cannot be legally held by currency note collectors 5 Link to comment Share on other sites More sharing options...
tlars brother Posted May 10, 2015 Report Share Posted May 10, 2015 stealthwarrior...I will say this, sell your IQD back....because if you are not smart enough to see through the misinformation campaign, you are not smart enough to have this kind of dough in your checking account. You'll be broke post RV in 6 months-- So just sell out now and save yourself the embarrassment 13 4 Link to comment Share on other sites More sharing options...
"Fred" Posted May 10, 2015 Report Share Posted May 10, 2015 stealthwarrior...I will say this, sell your IQD back....because if you are not smart enough to see through the misinformation campaign, you are not smart enough to have this kind of dough in your checking account. You'll be broke post RV in 6 months-- So just sell out now and save yourself the embarrassment 1 6 1 Link to comment Share on other sites More sharing options...
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