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rockfl9

Where's the money going to come from???/

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13 hours ago, chess said:

UPON OUR GLORIOUS CASH-IN DATE:

 

WHAT ME WORRY?........it's all digital................(right??......right??)

NO only SOME IQD is digital (in Iraq) the rest is T.P.

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28 minutes ago, rockfl9 said:

 

King Bean has it WRONG. IF the cbi takes back dinar (3 zero notes !) IT LOOSES dollars from the reserves , NOT adds to ! After the $51.5M is GONE , it cannot buy back any more !!!  IT is BANKRUPT 1  NOT GONNA DO THAT>>>>>>>

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THE CBI can only control the conversion rate IN IRAQ.PERIOD .  The international currency market sets its own rate !  IF you dont know that better learn it. 

The dealers can set the rate today because they have the only supply.  

What if the CBI offers to sell all the dinar you want at the .00086 rate ?  Just print a lot of 25-50K NOTES, MAYBE ADD A 100k .  The dealers are out  of business and the CBI would initally sell a few million UNTIL people discovered that the CBI is intentionally FLOODING the market .  The RV idea is DEAD.  Now there is a lot of dinar in the market with nowhere to go.  NOW the CBI says  we will buy it back at .00080 or less !!!  Take it or leave it! Could they do that ?  YES , but most if not all central banks would not play that game.

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8 hours ago, dinarbeleiver said:

OMG OMG OMG OMG you need to stop coming to DV and saving us. Poor you rockfl9 bringing up old news constantly and attempting to get people to listen and take your theory on things. Rock do yourself a favour and do something else rather than staying here in an investment your not in and get some order to your life. the people left in this investment are the hardcore ones. The hardcore ones including myself never listened to the lopters 10 years ago and will certainly not listen now. Im sure your a good person but seriously spending your time trolling a website maybe you could do something else that's more productive unless your addicted to the attention that trolling may or may not give you.

For real!!!!

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9 hours ago, dinarbeleiver said:

One thing you lopsters have helped me do is to become less verbally abusive when im being attacked for my opinion. Thanks lopsters for helping me change my abusive language and name calling lol

 

HOWSOMEVER, here at DV, we yearn for the "verbally abusive" (as it is so earned)..............lol

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5 hours ago, chess said:

 

HOWSOMEVER, here at DV, we yearn for the "verbally abusive" (as it is so earned)..............lol

Chess where do you think the money will come from???  Will the FOREX just accept the RV and begin paying out ? That would be the biggest  GIVEAWAY in history. 

IF you don't know the FOREX is only an exchange market.  TO get 1$ per dinar someone must PAY $1 per dinar ( and expect to make a profit). Would they expect to WAIT to earn that profit  ??  

 

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27 minutes ago, rockfl9 said:

Chess where do you think the money will come from???  Will the FOREX just accept the RV and begin paying out ? That would be the biggest  GIVEAWAY in history. 

IF you don't know the FOREX is only an exchange market.  TO get 1$ per dinar someone must PAY $1 per dinar ( and expect to make a profit). Would they expect to WAIT to earn that profit  ??  

 

I need you all

 to remain level headed  this is only a few  $1K loss . There will be opportunities ahead.

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13 hours ago, rockfl9 said:

 DB.  Im sorry that U have felt attacked by any lopsters, if they do it again they will be SPANKED. I do not expect to SAVE anyone , only to impart enough truth that they may save themselves. BTW what ever happened to THE MACHINE ?? Very logical fellow, 

Answer this. A 1:1 or any profitable RV IS a GIVEAWAY of billions of dollars of Iraqi WEALTH , not just to Iraqi's but also to thousands of  non-Iraqi INFIDELS !  YES, I am sure they know you exist.  WHY would they do it ?  Al-Sadr , a muslim cleric , may  gain logical control of the GOI. would he allow it ?

I wonder whats happened to the machine to and thanks Rock

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Under a fixed exchange rate system, only a decision by a country's government or monetary authority can alter the official value of the currency. Governments do, occasionally, take such measures, often in response to unusual market pressures. Devaluation, the deliberate downward adjustment in the official exchange rate, reduces the currency's value; in contrast, a revaluation is an upward change in the currency's value.

In the last 3 years the CBI has taken the rate from 1166 to 1190 , a loss of 2 cents per dollar ! That would be a deliberate DOWNWARD adjustment . A DEVALUATION 

I think the next move is 1200 !

Edited by rockfl9
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I dont want to believe this but i think there are a number of people here that are old enough to have grandchildren that believe in a "dinar fairy". They don't know where it will come from but they expect to wake up one morning and the dinar under their pillow will have become dollars.

Why bother dealing with a bank when a wish will do it?

I know that sounds silly but what you are expecting is nearly the same.

The CBi will declare an RV even though it doesnt have the funds to support one.

The "Banks ?" will get the word and set up "redemption centers" to manage a mass exchange !

Sorry ,this is all BS and should be in RUMORS.

 

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Putting more peoples' salaries on debit cards will allow them to hold off printing replacement notes for a while more. Pulling in "chunky money is another thing. I think typical Iraqi does not trust a bank or the GOI to know how much money they may actually have.  Because there will be the question "Where did you get this?"

Good article on "deleting the zeros" , makes it clear that it involves removing the zeros from ALL the bills and not just resetting the rate.  It is a no profit adjustment of all the notes in circulation.   NO new millionaires.

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On 6/25/2018 at 10:43 AM, rockfl9 said:

I dont want to believe this but i think there are a number of people here that are old enough to have grandchildren that believe in a "dinar fairy". They don't know where it will come from but they expect to wake up one morning and the dinar under their pillow will have become dollars.

Why bother dealing with a bank when a wish will do it?

I know that sounds silly but what you are expecting is nearly the same.

The CBi will declare an RV even though it doesnt have the funds to support system" rel="">support one.

The "Banks ?" will get the word and set up "redemption centers" to manage a mass exchange !

Sorry ,this is all BS and should be in RUMORS.

 

 

First, I think you must be Kaperoni in disguise, because you talk just like he does.

 

Second, the money will come from the US Treasury who would love to have the dinar that is already in their vaults (See NY Times Article "Billions Over Baghdad) revalued so that it's worth more than the paltry amount it is now.  I'm pretty sure that when the US flew planeloads of dollars to Iraq in order to keep their economy from collapsing, they took "worthless" dinar in return knowing that one day the dinar would be "worthless" no more.

 

Aside from that, remember when Bush said the Iraqi War wouldn't cost us anything?  Now why would he say a thing like that when it cost us trillions?  Maybe he knew something?????

 

You have said, in the past, that the Treasury deals only in dollars.  I beg to differ:

 

https://www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/default.aspx

 

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On ‎6‎/‎30‎/‎2018 at 7:51 PM, rockfl9 said:

Putting more peoples' salaries on debit cards will allow them to hold off printing replacement notes for a while more. Pulling in "chunky money is another thing. I think typical Iraqi does not trust a bank or the GOI to know how much money they may actually have.  Because there will be the question "Where did you get this?"

Good article on "deleting the zeros" , makes it clear that it involves removing the zeros from ALL the bills and not just resetting the rate.  It is a no profit adjustment of all the notes in circulation.   NO new millionaires.

I think your completely wrong and most people in this investment will not sell up your wasting your time rock. You need to break the cycle, you can do it rock, free yourself. Rock you need to be released back into the wild

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On 7/3/2018 at 11:17 AM, Floridian said:

 

 

Second, the money will come from the US Treasury who would love to have the dinar that is already in their vaults (See NY Times Article "Billions Over Baghdad) revalued so that it's worth more than the paltry amount it is now.  I'm pretty sure that when the US flew planeloads of dollars to Iraq in order to keep their economy from collapsing, they took "worthless" dinar in return knowing that one day the dinar would be "worthless" no more.

 

Aside from that, remember when Bush said the Iraqi War wouldn't cost us anything?  Now why would he say a thing like that when it cost us trillions?  Maybe he knew something?????

 

You have said, in the past, that the Treasury deals only in dollars.  I beg to differ:

 

https://www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/default.aspx

 

That link was a good find .  I am not surprised that the UST  has some HARD CURRENCY in the reserves . BUT note there are NO "non SDR "  currencies ( dinar , dong, etc. ) listed !  That is what I really meant.  The plane loads of dollars we sent in was relief money to keep people from starving , not to buy up dinar.  The only dinar that existed then was the Sadam dinar and was of suspect value so merchants wouldnt take it . WE sent in mostly fives , tens and twentys.. that is why it took up so much space.    For goodwill the area commanders were given the money to engage local labor.  $15 for one days labor  , a man with a truck was paid $30-50 for a day.  Skilled/educated that could speak english  , were hired as interpreters   or  coordinators for up to $200 a week.  It was all spent!

I personally did not read anywhere that quoted Bush saying the war wouldnt cost us ... After the fact DO you really still believe that?  We are still paying!

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On 7/3/2018 at 8:31 PM, dinarbeleiver said:

I think your completely wrong and most people in this investment will not sell up your wasting your time rock. You need to break the cycle, you can do it rock, free yourself. Rock you need to be released back into the wild

Dinarland IS  the WILD.

I am just passing the time reading the RUMORS.   But along the way i am learning a lot about human nature .  The dream of becoming rich in such a mundane "investment " can cause some people to loose all sense of logic.  

You are  right most wont sell simply to do that would be too painful .  Avoid the pain , keep the dream alive as long as possible. One more year and then another year.

IT has to happen no matter how long it takes .. Avoid the pain.

Edited by rockfl9
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The only dream I have at the moment is your hard drive will crash and you won't be able to post for a long time.

 

  Now that is a DREAM !!

 

  pp

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2 minutes ago, pokerplayer said:

The only dream I have at the moment is your hard drive will crash and you won't be able to post for a long time.

 

  Now that is a DREAM !!

 

  pp

You are a MEANIE  PP !  I've been thru crashes and wouldnt wish that on anyone . BUT ive learned and am fully backed up.  Plus have 2 PC's a laptop and cell.  

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1 hour ago, pokerplayer said:

The only dream I have at the moment is your hard drive will crash and you won't be able to post for a long time.

 

  Now that is a DREAM !!

 

  pp

😂🤣😂🤣😂🤣😂🤣👍👍👍👍👍👍👍👍

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2 hours ago, rockfl9 said:

That link was a good find .  I am not surprised that the UST  has some HARD CURRENCY in the reserves . BUT note there are NO "non SDR "  currencies ( dinar , dong, etc. ) listed !  That is what I really meant.  The plane loads of dollars we sent in was relief money to keep people from starving , not to buy up dinar.  The only dinar that existed then was the Sadam dinar and was of suspect value so merchants wouldnt take it . WE sent in mostly fives , tens and twentys.. that is why it took up so much space.    For goodwill the area commanders were given the money to engage local labor.  $15 for one days labor  , a man with a truck was paid $30-50 for a day.  Skilled/educated that could speak english  , were hired as interpreters   or  coordinators for up to $200 a week.  It was all spent!

I personally did not read anywhere that quoted Bush saying the war wouldnt cost us ... After the fact DO you really still believe that?  We are still paying!

 

https://www.nytimes.com/2007/02/27/opinion/27taylor.html

 

"Because the new Iraqi dinar was so popular, THE CENTRAL BANK BOUGHT BILLIONS OF UNITED STATES DOLLARS to keep it from appreciating too much.

 

What do you think they bought the BILLIONS OF DOLLARS with?  Could it beeeeeeeeeeeee DINAR?  🤫

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2 hours ago, rockfl9 said:

That link was a good find .  I am not surprised that the UST  has some HARD CURRENCY in the reserves . BUT note there are NO "non SDR "  currencies ( dinar , dong, etc. ) listed !  That is what I really meant.  The plane loads of dollars we sent in was relief money to keep people from starving , not to buy up dinar.  The only dinar that existed then was the Sadam dinar and was of suspect value so merchants wouldnt take it . WE sent in mostly fives , tens and twentys.. that is why it took up so much space.    For goodwill the area commanders were given the money to engage local labor.  $15 for one days labor  , a man with a truck was paid $30-50 for a day.  Skilled/educated that could speak english  , were hired as interpreters   or  coordinators for up to $200 a week.  It was all spent!

I personally did not read anywhere that quoted Bush saying the war wouldnt cost us ... After the fact DO you really still believe that?  We are still paying!

 

Here's the answer to your second question:

 

The most striking fact about the cost of the war in Iraq has been the extent to which it has been kept "off the books" of the government's ledgers and hidden from the American people. This was done by design. A fundamental assumption of the Bush administration's approach to the war was that it was only politically sustainable if it was portrayed as near-costless to the American public and to key constituencies in Washington. The dirty little secret of the Iraq war – one that both Bush and the war hawks in the Democratic party knew, but would never admit – was that the American people would only support a war to get rid of Saddam Hussein if they could be assured that they would pay almost nothing for it.

 

The Iraq war provides many lessons, but among the most important is that the promise of a cheap and easy war never turns out to be true.  The Bush administration sold the American people a bill of goods with Iraq, offering them a short and glorious war while secretly running up a tab that future generations will be left with. Along with Afghanistan, the war in Iraq added $1.4tn to the national debt.

 

https://www.theguardian.com/commentisfree/2013/mar/11/us-public-defrauded-hidden-cost-iraq-war

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3 hours ago, Floridian said:

 

https://www.nytimes.com/2007/02/27/opinion/27taylor.html

 

"Because the new Iraqi dinar was so popular, THE CENTRAL BANK BOUGHT BILLIONS OF UNITED STATES DOLLARS to keep it from appreciating too much.

 

What do you think they bought the BILLIONS OF DOLLARS with?  Could it beeeeeeeeeeeee DINAR?  🤫

 

YES!  They bought billions of United States Dollars with TRILLIONS of Dinar!  😀

Edited by Floridian

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On 7/3/2018 at 8:17 AM, Floridian said:

 

Second, the money will come from the US Treasury who would love to have the dinar that is already in their vaults (See NY Times Article "Billions Over Baghdad) revalued so that it's worth more than the paltry amount it is now.  I'm pretty sure that when the US flew planeloads of dollars to Iraq in order to keep their economy from collapsing, they took "worthless" dinar in return knowing that one day the dinar would be "worthless" no more.

 

Aside from that, remember when Bush said the Iraqi War wouldn't cost us anything?  Now why would he say a thing like that when it cost us trillions?  Maybe he knew something?????

 

You have said, in the past, that the Treasury deals only in dollars.  I beg to differ:

 

https://www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/default.aspx

 

The NY Times article you mention can be seen here https://www.nytimes.com/2007/02/27/opinion/27taylor.html and it does NOT say anything about the UST getting dinars in exchange for dollars we shipped to Iraq.  It does say that those dollars were confiscated from Saddam's US accounts and were just given to Iraq..  The article mettions that the Iraq central bank (not the UST) was. in the early days, buying a lot of the new dinars with their dollars in order to stablize the price.  I also do not think Bush every said that the Iraq war would pay for itself.  They of course wanted to sell the idea that the war would not cost trillions since that would make the public even less eager.  Wolfowitz (perhaps among others) did say that Iraq would pay for their own reconstruction.

03/27/2003, Paul Wolfowitz, Deputy Defense Secretary (from http://zfacts.com/iraq-war-quotes)
Quote

“There’s a lot of money to pay for this … the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years…We’re dealing with a country that can really finance its own reconstruction, and relatively soon.”

 

Note that your link for foreign reserves at the UST shows a grand total of about $120 billion wroth (Iraq has on the order of 80 Trillion iQD in their money supply)
 
 

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38 minutes ago, Floridian said:

 

YES!  They bought billions of United States Dollars with TRILLIONS of Dinar!  😀

The Iraq central bank did not buy dollars from the UST, that would not stablize the price in Iraq, they bought it from Iraqi's.

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15 hours ago, Floridian said:

 

YES!  They bought billions of United States Dollars with TRILLIONS of Dinar!  😀

That is not what the article said.   The money was Iraqi dollars that were released by EO.  We knew most of the funds were there only it was all "electronic " and  Iraqis needed spendable cash fast. There was a report on this in "the Economist Magazine.  Before the attack our CIA was working with the Kurds in an attempt to remove Sadam and force a regime change. Several attempts to get  him failed.  The US was aware that Sadam had raided the Central bank 2 weeks before the start of the war we did not know if he was able to get it out of the country. He did not and most was recovered as the article states. Interestingly he did not attempt to take any gold , although some was pilfered by the retreating army most was recovered. When things settled out the central bank had about 10 Billion in cash and gold.  That is what backed the new dinar. 

The UST balance  sheet does not show ANY NON SDR holdings (i.e. Dinar)

The cost of war has never been an on-budget item .  The military acconting systems are a mess .  Wars are a blank check to them.  When it is  over discrepacies are simply zeroed out.

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