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New BD Version .. Enhance Cash To Our System !


DinarThug
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CNN. Broadcasting That Any 'New' Dinars Had Better Only Be The Lower Denoms !

 

 

(by walkingstick)

New BD version .. enhance cash to our system

15/12/2016

Dr.. Mohammed Riad Hamza

The reality of the dinar 's trading current segments of confusing and obstructive economic, commercial and service all of the activities, for the Iraqi market , the level of the reality of the dinar in the evaluation of commercial exchanges, inter and single, is far from accurate price, as well as in the evaluation of real estate , buying and selling and lease, and facilities banking, trading and any resident currency, any deal large amounts of both ends need to fill categories of dinar bags for exchange between the seller and the buyer. 

And you can see scenes of people carrying bags of dinar entrants to the banks or exchange houses or coming out of it.

It is certain that the reality of the Iraqi dinar and the low value segments purchasing a catalyst for the crimes of counterfeiting, states that equal their exchange rate with the Iraqi currency plagued by rigging the currency and counterfeit currency have devastating effects on the economy , among the components of the total of any state. 

To dinars Iraqi Rolling currently Bocefarh and the small value of the cashed important role in the rise in goods and services and rising inflation rates, since the transactions in the wholesale exclude small - value segments of the dinar, in addition a few thousand dinars to deal consumer goods or long - lived, and circulation of marketing to another port and into the hands of the consumer, the price of the commodity Tuwalia ballooning number of marketing outlets. 

The reason is the low purchasing power of the dinar small groups that are excluded when evaluating the price of any commodity.

On 27 August 2015 published (unit of economic studies links for research and strategic studies center) in its website an important article included reference to «that the Iraqi government may resort to the liberalization of the dinar any (floated) something that will not solve the financial problem in the country, but will have disastrous effects on the Iraqi people first and foremost. 

On the other hand, the flotation is the port for speculators in the market to carry out money laundering and manipulation of the currency auction within the central bank. 

Currency float means leaving the exchange rate of a currency float rises and falls reverse proportion to the cases of demand and supply in the market. 

And taking into account the level of emancipation of the national economy, and the quality of his performance, and flexibility of its production apparatus. 

It is the risk of this operation is that it opens the door to money laundering and corrupt diversion of funds from the Iraqi dinar to the free exchange for smuggling operations abroad. 

The survival of the purchasing power of the Iraqi dinar is weak seesaw at home and are not supported in the outside with rampant financial corruption contributes to convert the dinar into other currencies smuggled out what causes inflation rise, as to keep large amounts of the dinar in the Iraqi market means inflation liquidity, which makes it easier out more of foreign currency from the
country. 

The solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and linking its exchange rate to the US dollar

The issuance of any new Iraqi dinars equivalent to the dollar in the exchange rate

It consists of one hundred per dinar fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars.

Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils

And ensuring the stability of the monetary system and eliminate the flaw in the current system , which allowed rampant
corruption. 

As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, it can be done through the abolition of the current period of time and bring new dinar. 

It is important that the Iraqi Central Bank assisted by experts from the «Federal Reserve« The US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of high exchange locally and internationally.

Central banks play a major role in financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is the monetary policy, it is through an increase in liquidity can stimulate the economy out of the state of economic crisis, or to help the economy grow by encouraging exports, reducing inflation. 

The currency of the Iraqi dinar in US dollars fasten it means installing currency dinar price of a fixed exchange rate and a lot of countries in the world this practice is based, there are 17 countries in the world have linked its currency to the US dollar, including six Arab countries , namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar. 

And connecting the Iraqi dinar to the dollar has several advantages the most important of the ease of exchange rate policy management between the currency of the country and the rest of the world currencies all, where monetary authorities determine the rate specified for the disbursement of the peg through which is determined by the relationship of the dinar to the rest of the currency, it goes up for these currencies with the rising dollar and fall with the decline. 

On the other hand, the dollar peg helps relatively to protect the national economy from inflation as well as help link in the case of oil -producing countries to stabilize their revenues in local currency when the devaluation of the dollar, Vpferd the stability of oil prices, the decline in the global value of the dollar does not lead to a decline in oil revenues of Iraq Dinars. 

It will be issuing new Iraqi dinars a way to expose corruption as it requires the replacement of currency in circulation is the new currency. 

At that expose those who shelve billions of current Iraqi dinar and act within the framework of the weak monetary system and politicized the farthest thing from transparency. 

It can also be placed CBI commercial banks before the deal could expose any abuses of money laundering and the smuggling of hard currency abroad. 

The main reason behind the dollar peg is to maintain stability and increase the confidence to deal with, and maintain a fixed exchange rate of the dinar will eliminate the so - called parallel market vowels (black market)

This reinforces the confidence of investors monetary system and its stability and preserve the purchasing power of consumers with incomes limited. 

http://www.alsabaah.iq/Article.....?ID=128100

 

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6 minutes ago, jg1 said:

Mmmmmmm, lobster. Got to get myself some shell crackers.

***///

:P... and pour some of that negative nelly doubter sauce all over it !

Talk about a buzz-kill !  Gee, INTEGRATIVEDOC... there was SO much more positive news in this piece!

Let's focus on that, shall we...?! ;)  Besides, you don't wanna git tossed into the LOPster tank this close to

Christmas, now do ya...? :huh:

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Thanks DT...Get the smaller denominational dinars ready in the banks....Set the rate 1 to 1 with the USD...The Iraqis will have to exchange their larger note though the banks for the smaller ones for lack of smaller note liquidity in the markets on the streets...When the larger notes are turn in for smaller notes though the bank, the banks can detect counterfeit notes and thus take them out of circulation...This gets the smaller liquidity notes circulating and the CBI accountability for their larger note legitimacy....Iraq's larger note count should be down within their projected range to cover the in country exchange...

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"As has been the (((abolition of the currency of the former regime after 2003 )))))and replacing rolling dinar now, it can be done through the ((((abolition of the current period of time))))) and bring new dinar. .............They abolished the currency in 2003 . Now to me they are saying abolish time as in the policies taking place now ........not our currency .I could be wrong...???

Edited by blueskyline
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1 hour ago, SgtFuryUSCZ said:

***///

:P... and pour some of that negative nelly doubter sauce all over it !

Talk about a buzz-kill !  Gee, INTEGRATIVEDOC... there was SO much more positive news in this piece!

Let's focus on that, shall we...?! ;)  Besides, you don't wanna git tossed into the LOPster tank this close to

Christmas, now do ya...? :huh:

I don't get it. 

All he did was voice an opinion and a simple respectful reply-with an explanation if we're wrong-would be the decent thing to do. 

Not scold or demean like grade school kids 

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I don't know why so many are upset. This is clearly political in its opine. And NOT from the CBI. 

As with our own idiot, evil liberals the author seems to be suggesting that this,"cancellation", of the current dinar would benefit Iraq and seemingly screw America. He most likely wants to do that because once Trump is POTUS Iraq is going to find themselves between a rock a really hard place. Like all our stupid snowflakes this person is basically FREAKING OUT. Consider that this idea has NEVER once come up before. 

And once you do that consider what the situation was in Iraq in 2003 as opposed to today. 

And once you do that consider what the world would think of Iraq if such a stupid process was actually implemented. :tiphat:

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I have a hard time trying to understand what they r saying. All I got out of it is they want to be pegged to the dollar and exchange the large notes to something like the US currency i.e. $5.00, $20.00, $100.00 etc. to bring in counterfeit monies. Doesn't that mean a rate change? Again, this is just an opinion piece like LGD stated.

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...where are all my DV pros at, I need help comprehending this one...

 

Are we out of luck...or have a certain amount of time to cash out...or exchange...because I'm thinking three or four different ways need some other input...

 

I can see this as positive article or a negative one, just trying to figure which way they're going with this piece

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HERE IS ANOTHER ARTICLE BY THE SAME CHARACTER THAT WAS PUT OUT IN OCTOBER OF THIS YEAR AND WAS POSTED FROM FRANK'S SITE ALREADY. NOT ALOT OF DIFFERENCE FROM THIS ARTICLE TO THE ONE THAT THUG BROUGHT. MAKES YA GO HMMM.

 

Iraqi monetary system enhanced the currency of a new dinars

Monday, October 31.2016

Mohammed Riad Hamza

It is unacceptable to keep the Iraqi dinar exchange rate against the US dollar and the currencies of industrialized capitalist countries and neighboring Arab countries is in the thousands. Valencod Iraqi dinar paper of the highest categories opens with four zeros paper ... the fifty thousand to 250 dinars minimum. 
The reality of the dinar current trading segments of confusing disabled economic, commercial and service activities for all. For the Iraqi market , thelevel of the reality of the dinar in the evaluation of trade operations, and a single sentence, is far from accurate price, as well as in the evaluation of real estate ,buying and selling and lease, and banking facilities, and any trading assesses currency. Any deal between the large sums ends need to fill categories of dinar bags for exchange between the seller and the buyer .oimkn see the sights ofpeople carrying bags of dinar entrants to the banks or exchange houses or coming out of it. 
And make sure that the reality of the Iraqi dinar and Dialh value segments purchasing a catalyst for the crimes of counterfeiting. In countries where equal their exchange rate with the Iraqi currency Mbtalat rigging the currency, and the counterfeit currency from the devastating effects on inter macroeconomic components of any State. 
And the Iraqi dinar is currently rolling Bocefarh and Dialh value cashed important role in the rise of goods and services and rising inflation rates. As transactions in the wholesale exclude small - value segments of the dinar. The addition of a few thousand dinars to deal Consumer goods , or long - lived, and circulation of marketing to another port and into the hands of consumers, the price of the commodity Tuwalia ballooning number of marketing outlets. The reason is Dialh the purchasing power of the dinar small groups that are excluded when evaluating the price of any commodity.

 
On 27 August 2015 published (unit of economic studies links for Research andStrategic Studies Center) in his position on the Internet an important article included a reference to "that the Iraqi government may resort to theliberalization of the dinar any (floated) something that will not solve thefinancial problem in the country, but would have a disastrous effects on theIraqi people in first class. on the other hand, the flotation is the port for speculators in the market to carry out money laundering and manipulation auction currency within the central bank. float currency floating means leaving the exchange rate of a currency float rises and falls reverse proportion to thecases of demand and supply in the market. and taking into account the level ofemancipation of the national economy, and the adequacy of its performance, and flexibility of its production apparatus. It is the risk of this process as open the door to money laundering and corrupt diversion of funds from the Iraqi dinar to the free exchange for smuggled out operations. " 
The survival of the purchasing power of the Iraqi dinar is weak seesaw at home and abroad are not supported with rampant financial corruption, the dinar conversion into other currencies smuggled abroad cause higher inflation. As to keep large amounts of Iraqi dinar in the market means inflation liquidity which makes it easier out more foreign currency from the country. 
The solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in thecurrent system , which has allowed widespread corruption. 
As it has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar. 
It is important that the Iraqi Central Bank assisted by experts from the "US Federal Reserve board" ( the central bank) in the Iraqi monetary system , thedevelopment of the currency enjoys the trust of high exchange locally and internationally. 
Central banks play a major role in financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is themonetary policy, it is through an increase in liquidity (Liquidity) can stimulate the economy out of the state of economic crisis, or to help the economy grow through export promotion , reduce inflation 
while linking the Iraqi dinar currency in US dollars means installing currency dinar price of a fixed exchange rate (fixed exchange-rate) and much of the world this practice is based. There are 17 countries in the world have linked its currency to the US dollar. Including six Arab countries , namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar. 
And to link the Iraqi dinar to the dollar has several advantages the most important of the ease of exchange rate policy between the currency of thecountry and the rest of the world currencies all, where monetary authorities determine the rate specified for the disbursement of the dinar to the dollar, through which is determined by the relationship of the dinar to the rest ofCurrency Management, goes up for these currencies with the rising dollar and decreases with decline . from the other hand, the dollar peg helps relatively protect the national economy from inflation  as 
well as help link in the case of oil -producing countries to stabilize their revenues in local currency when the devaluation of the dollar. Vpferd the stability of theoil price decline, the global value of the dollar does not lead to a decline in oil revenues of Iraq Dinars. 
It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency. At that expose shelve those billions and billions of the current Iraqi dinar and act in the framework of theweak monetary system and politicized the farthest thing from transparency. As it can be the Iraqi Central Bank and commercial banks had placed before thedeal could expose any abuses , money laundering and smuggling of the Popular currency abroad. 
The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar would eliminate the so - called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and tomaintain the purchasing power of consumers with limited income.

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This guy is saying almost the exact same words that shabbs has used in the past. They never considered a float because it could cause a run on the currency and shabbs said that no one would do that to his monetary policy, as did george soros. Now for the wonderment of a redenomination. If that were the case they could have done it long ago and avoided the counterfeit currency and all the other issues they have had. They have stated over and over again what their intentions are, and that is to bring the dinar international and give it purchasing power. Simple as that. Its a countries currency and it will have international status and it will have a rate that is on par with the gulf cooperation countries. Iraq was once the leader of the gcc and that is why the big arab bankers and such were in baghdad telling them to get their act together as far as the banking legislation so that they can once again join the world. This writer is seeing things the same way shabbs did. If you really want my honest opinion we need to see keywords out of the cbi. The imf and wb may be working with him but as long as he was a proxy of maliki's he is no good , nor does he understand macro and micro economics. Shoot even allawi the old communications minister had several go arounds with that kook and how he doesnt know what he is doing. 

THIS RIGHT HERE IS A POWERFUL STATEMENT. 

The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar would eliminate the so - called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the purchasing power of consumers with limited income.

Edited by mylilpony
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7 minutes ago, mylilpony said:

They have stated over and over again what their intentions are, and that is to bring the dinar international and give it purchasing power. Simple as that.

Now That's Using Horse Sense ! ;)

Go Pony - Go Pony ! :o

Image result for funny horse gifs

:D       :D       :D

 

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40 minutes ago, mylilpony said:

THIS RIGHT HERE IS A POWERFUL STATEMENT. 

The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar would eliminate the so - called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the purchasing power of consumers with limited income.

Mylilpony Thanks,  Truly appreciate your very positive input.    I do believe deep in my gut that this will happen for the good of Iraq and their country and the plan is already in motion.  As many other DV members have stated the CBI will "Suddenly" raise the purchasing power of the IQD and it will be done.   Stay positive and be ready for your blessings!!

Keeping the faith!!

GO RV!!

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