Go Iraq Part 6

[DinarThug]

12 hours ago, umbertino said:

Oh...Ok....Throw a curve ball.....Another expression  I'm learning which I didn't know at all....

 

Next Time Check With Pitcher - He’s An Expert On The Subject !  

 

 

But If It’s A Couple Of Screwballs - Check With The Bro’s !  

 

     

[lmb4321]

Are we millionaires yet DT?.....lol

September is our Month....👍

 

 

[DinarThug]

1 minute ago, lmb4321 said:

Are we millionaires yet DT?.....lol

September is our Month....👍

 

 

Fyi - From 2016 !  

 

     

 

 

 

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 aminimum

The reality of the dinar current trading segments of confusing disabled economic, commercial and service activities for all. For the Iraqi market , the level 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 large amounts of both ends need to fill categories of dinar bags for exchange between the seller and the buyer .oimkn see scenes of people 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 dinar Iraqi Rolling currently 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 purchasing power of the categories of small dinar 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 his position on the Internet an important article included a reference to "that the Iraqi government may resort to editing dinar any (floated) something that will not solve the financial problem in the country, but would have a disastrous impact on the Iraqi citizen 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 Leave a currency floating rising exchange rate and declining 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 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 diversion of corrupt money from the Iraqi dinar to currencies Free to smuggle them out. " 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 the current system , which has allowed widespread corruption. 

As 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"Council Federal reserve , " the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high 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 cash flow (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 peg of the Iraqi dinar 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. 

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 the country 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 the determined relationship management the rest of the dinar currency, goes up for these currencies with the rising dollar and decreases with Ankhvadh.mn 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 the oil 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 the weak monetary system and politicized the farthest thing from transparency. As can be the Iraqi Central Bank and commercial banks had placed before the deal 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 rate 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.

[DinarThug]

5 minutes ago, lmb4321 said:

Are we millionaires yet DT?.....lol

September is our Month....👍

 

 

Notice The Mentioning Of The Minting Of Coins In The Article Above In The Section Titled ‘The Solution’ !  

 

     

[DinarThug]

41 minutes ago, lmb4321 said:

hey, any Bro's around tonight?....

 

Based Upon The Past Few Pages That I Read With A Numerous Amount Of Someone Else’s Postings - This Might Now Be The UmBro’tino Thread !  

 

 

 

I Guess That The Bro’s Might’ve Accidentally Drank Away All Of Their Italian Mafia Protection Money ...

 

     

[lmb4321]

9 minutes ago, DinarThug said:

 

Based Upon The Past Few Pages That I Read With A Numerous Amount Of Someone Else’s Postings - This Might Now Be The UmBro’tino Thread !  

 

 

 

I Guess That The Bro’s Might’ve Accidentally Drank Away All Of Their Italian Mafia Protection Money ...

 

     

..

I think UmBrotino took control of this thread!!!...

LOL....You're the best Thugs!!

[ChuckFinley]

Thanks Thug for bring in the news to get us going.  

 

First business of the week and another opportunity.

[umbertino]

20 hours ago, umbertino said:

 

 

You're very kind...A few years back I traveled extensively ( money permitting, of course)...Visited ( among other Countries) the States around 10 times , and one of those I stopped over (legally) for 1 year doing a volunteer work in a low-income kids ( with problematic families) center in Bloomington, IN...While other times I simply travelled around ( usually by Greyhound, the best way to meet people) ....Then made a 2nd volunteer experience for a few weeks  with the Los Angeles Catholic Worker in LA Skid Row...In those years ( except the one year in Indiana)  I used to work in a Bank here in Trento.......

 

I have been in most Countries of Western Europe, In a few African Countries, once in Asia.......Also ( for a very few days ) in Canada  and for entire day ( lol) in Nogales, Sonora, Mexico ( while I was staying in Tucson, AZ.

 

Thanks for the super kind words....So appreciated!

 

No way I can get rid of this repeated post...Tried lots of times but nothing....Sorry for the inconvenient....

 

Please.....If a Mod could kindly help me and remove it ( this 2nd repeated post) I'd appreciate....

 

Thanks in advance

[umbertino]

20 hours ago, umbertino said:

 

Ok...Cancelled at last.....

 

No...But I tried and tried and tried....Givin' up now.....

[umbertino]

10 hours ago, Master Oogway said:

Sorry,  it was a typo.  I meant to type,  but I didn't see it,  I don't think. 

 

 

Thanks Master Oogway....Got you now...

 

I can only say....Great movie ( imo)...Check it ( if so you feel inclined) on Netflix  ( or whatever site suits you for that)

[umbertino]

8 hours ago, DinarThug said:

 

Next Time Check With Pitcher - He’s An Expert On The Subject !  

 

 

But If It’s A Couple Of Screwballs - Check With The Bro’s !  

 

     

 

 

Ok....I will most definitely follow your advices, my Scottsdale ( posh area, I'm told) Friend...

 

 

Best

Edited August 25, 2019 by umbertino

[umbertino]

7 hours ago, DinarThug said:

 

Based Upon The Past Few Pages That I Read With A Numerous Amount Of Someone Else’s Postings - This Might Now Be The UmBro’tino Thread !  

 

 

 

I Guess That The Bro’s Might’ve Accidentally Drank Away All Of Their Italian Mafia Protection Money ...

 

     

 

 

Sorry about that...Not my intention.......

[umbertino]

7 hours ago, lmb4321 said:

..

I think UmBrotino took control of this thread!!!...

LOL....You're the best Thugs!!

 

Again sorry......That was involuntary......

[Half Crazy Runner]

7 hours ago, DinarThug said:

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

 

I was all excited about what he said here until I noticed the date. What was unacceptable in 2016 is still happening 3 years later  

[Pitcher]

9 hours ago, DinarThug said:

Next Time Check With Pitcher - He’s An Expert On The Subject !  

 

Working on a new pitch, I call it the worm killer

 

 

[fancy]

 Lol

Come on Bros, lets go

[Pitcher]

8 hours ago, DinarThug said:

Based Upon The Past Few Pages That I Read With A Numerous Amount Of Someone Else’s Postings - This Might Now Be The UmBro’tino Thread !  

 

Dont be be so hard on Umbertino.  He’s trying to join the Bros.  Umbertino, I have you on ignore because I just don’t care to read the liberal slant. Don’t take it personally but you need to read the rules of the Bro Thread.  It’s a light hearted fun thread, you know being a little silly while we wait.  What Thugs is trying to tell you in a nice way is you need to lighten up.  You kind of sucked the air right out of the thread.  

If you have any articles on the Dinar that will work too.  

 

 

[6ly410]

Economic expert Latif al-Okaili, on Saturday, that the government's approach to reprinting the currency will reduce the burden of damage to banknotes in the markets.

"The use of metal categories and their descent for circulation gives a notional value to the currency as it aims to preserve the currency and not need to request more banknotes, especially those with small categories," he said. This is a negative indicator of the country's economy. ”

He added that "the government's approach to reprinting the coin will reduce the burden of damage to banknotes in the market and reprinting again."

With regard to the possibility of raising the price of the dinar against the dollar Okaili stressed, "The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar fixed without change to not enter inflation."

The parliamentary Finance Committee, on Monday, announced a trend to re-work in the currency and the removal of zeros from banknotes, in order to strengthen the economy.

[6ly410]

 lets goooooooooooooooooooo

Edited August 25, 2019 by 6ly410

[6ly410]

 

[umbertino]

10 hours ago, lmb4321 said:

Are we millionaires yet DT?.....lol

September is our Month....👍

 

 

 

At the current state of things...We are  ( I'd guess) ALL Millionaires as per number of Iraqi Dinar banknotes we ( most of us at least) hold.......

 

The "poorest " ID/ DV Investor has at least 1M ( me thinks...I might be wrong  )

 

 

Most (imho) place themselves  in the 5-10M  range

Edited August 25, 2019 by umbertino

[6ly410]

wow the news bros 

[6ly410]

pumped haha wow cheers 

Edited August 25, 2019 by 6ly410

[umbertino]

Quote

 

End Quote

 

There's a post of mine  on page 22 ( the one before this one) talking about travels etc. which I posted twice by mistake and I'm unable to remove it despite me trying lots of times ...

 

I am posting this right now as I noticed you ( and others) were confused ( confusion icon) on the subject so wanted to help by trying to give you an explanation of the meaning of my above posts.....

 

Hope I succeeded at that....

 

It's not important anyway

[umbertino]

Quote

 

Ok....I will most definitely follow your advices, my Scottsdale ( posh area, I'm told) Friend...

 

 

Best

 

 

• 3

 

End Quote

 

What's so confusing now about the above post????

 

That I called Scottsdale, AZ ( DT hometown) a posh (meaning  wealthy) place?  So I got told and I'm happy for DT (Dinar Thug)

 

 

 

 

 

Edited August 25, 2019 by umbertino