What do you All think..?

[screwball]

I found this whilst searching for Dinar related stuff amongst my thousands of pages of screen shots and articles over the 19 years found this?

 

First off, I’ll use the exchange of a 10,000 IQD (Iraqi Dinar) note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD (US Dollar) and IQD (Iraqi Dinar), that is given a two-tier payout, and a 2% bank spread.

 

What You Will Receive:

 

If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account.

 

What Your Bank Will Receive:

 

Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”.

 

 

Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model.

 

What the US Treasury Will Receive:

 

First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in).

 

Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000.

 

Oil Now Enters the Picture:

 

At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI (Central Bank of Iraq) in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves.

 

How the CBI “RECAPTURES” the Money:

 

The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35)

 

What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it.

 

The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq.

 

More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI (Government of Iraq) actions, IMF actions, World Bank actions etc.)

 

Other Factors that Strengthen Iraq’s Position and Ability to RV:

 

■DFI (Development Fund for Iraq) Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD.

■CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated.

■Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury.

■Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets.

 

There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”.

 

So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture:

 

■Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10

■Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out.

■US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000

■CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors”

■Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20

 

This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!!

In this scenario, EVERYONE WINS… and the IQD is slowly taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming!

 

not sure who wrote this but open for comment good or bad! 

Edited January 4, 2023 by screwball

[screwball]

Now let me remind you that the IMF have said that they can lie an deceive investors to counter speculation and we also know that the Iraq Government and CBI have two sets of books…

[screwball]

The only thing you should believe is the current rate

[screwball]

Also factor in a global currency collapse and move back to the gold standard, anything is possible for me $3.22

[screwball]

This is why we say that your dinars cashed in at the bank will sit in their coffers and be used to buy Iraqi Oil….

[cjdavid]

Ok, so maybe I am not as smart as I should be on this. I have been interested in some sort of payout at the end and more importantly for the citizens of Iraq. (Who were treated horribly by Sadam and now continues to be by their government) 

So where will any $$ be safe? 

[Luigi1]

I believe oil will help fund the RV-RI over the long haul.

The price of a barrel of oil will more than likely stay above $75 for years, if not decades to come. 

This is the price of what Iraq bases it's Budget on.

The powers that be got together to come up with a plan, the price of oil in order to assist Iraq in financing the GCR.

Every time we fill up at the gas station, we are helping to fund our very own RV event.  IMHO.

[screwball]

Russia has predicted oil at 150$ thats because any country that puts or supports a price cap on the price of oil will not recieve Russia oil or gas, this affects the EU, this starts feb 1 and end a July

[Danishere4news2]

13 hours ago, screwball said:

Now let me remind you that the IMF have said that they can lie an deceive investors to counter speculation and we also know that the Iraq Government and CBI have two sets of books…

The two sets of books came from Frank, so I am curious as to why you believe this statement? Nothing against you but the two sets of books theory has always seemed a bit unrealistic & potentially illegal.

[screwball]

2 hours ago, Danishere4news2 said:

The two sets of books came from Frank, so I am curious as to why you believe this statement? Nothing against you but the two sets of books theory has always seemed a bit unrealistic & potentially illegal.

Because it came from the IMF or Government….can’t remember which it’s correct 

[screwball]

2 hours ago, Danishere4news2 said:

The two sets of books came from Frank, so I am curious as to why you believe this statement? Nothing against you but the two sets of books theory has always seemed a bit unrealistic & potentially illegal.

Not fraudulent when IMF said they can do it remember they had been under a provisional government for years and it was all about trying to reduce speculation in the Dinar..morally illegal 

[screwball]

14 hours ago, cjdavid said:

Ok, so maybe I am not as smart as I should be on this. I have been interested in some sort of payout at the end and more importantly for the citizens of Iraq. (Who were treated horribly by Sadam and now continues to be by their government) 

So where will any $$ be safe? 

Silver and gold under your bed 

[cjdavid]

Would between the mattress work?

😂🤣😂

[screwball]

On 1/4/2023 at 9:24 PM, screwball said:

I found this whilst searching for Dinar related stuff amongst my thousands of pages of screen shots and articles over the 19 years found this?

 

First off, I’ll use the exchange of a 10,000 IQD (Iraqi Dinar) note as my example. To help explain the economics of this cash-in example, I will use a 1:1 cash-in ratio between the USD (US Dollar) and IQD (Iraqi Dinar), that is given a two-tier payout, and a 2% bank spread.

 

What You Will Receive:

 

If you were to cash in your 10,000 IQD note with a bank that charges you a 2% spread, you would personally receive a net take-home of $9,800 credited to your bank account.

 

What Your Bank Will Receive:

 

Your Bank will receive a $10,000 credit to its Federal Reserve Account. They will also be able to add the $200 profit to their “capital account”.

 

 

Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model.

 

What the US Treasury Will Receive:

 

First off, the US Treasury will receive $3,500 in estimated taxes in the quarter after the exchange, because you are now in the “rich” category and get to enjoy the 35% tax bracket. This lowers the “net cost” of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in).

 

Furthermore, the US Treasury’s rate is higher than the banking rate (we will use in this example 1.25), thereby further reducing their “net cost” from $6,500 to $4,000.

 

Oil Now Enters the Picture:

 

At some point, a Fed-appointed agent orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI (Central Bank of Iraq) in a form otherwise known as PetroDollars/PetroDinar. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves.

 

How the CBI “RECAPTURES” the Money:

 

The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35)

 

What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it! They receive their IQD back and place it in the CBI, or destroy it.

 

The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (which has a TOTAL COST to produce of $162.50 USD for Iraq.

 

More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000. That’s how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI (Government of Iraq) actions, IMF actions, World Bank actions etc.)

 

Other Factors that Strengthen Iraq’s Position and Ability to RV:

 

■DFI (Development Fund for Iraq) Funds Returned & Other Assets: $280+ Billion USD, plus other frozen assets (estimated at $100 billion) will be returned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD.

■CBI IQD Reserve Requirement Adjustment: The CBI will change the current fractional IQD reserve requirements from 100% to 15% at the appropriate time. As a result, the the total potential money supply will be raised in value to $2.8 Trillion (430 billion/15), while at the same time, the total physical IQD in circulation will be reduced by removing the large bills with the 3 zeros over a period of 2 years, as they have indicated.

■Oil Production Increased: Iraq will also execute the plan they announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury.

■Oil Futures & Forex Contracts Added: To further stir the pot, the CBI will continue to use it’s sales window to market oil futures and forex contracts. They have shown they can generate significant cash flow in the private market. Think of their impact in public markets.

 

There, my friends, is how this plan will be enacted and made possible. Taking NOTHING, and turning it into SOMETHING, then bringing it back to a “manageable and reasonable something” that is accepted and supported by seeming endless supplies of oil. This is how the world’s ENTIRE NEW MONETARY SYSTEM will be regenerated and supported and backed, given, in essence, a re-birth and renewed for most governments and economic regions… even by “Black Gold”.

 

So, here’s the summary for all the “players” involved, giving ballpark numbers, and not taking into account superfluous costs, fees, and other small details that don’t really affect the larger picture:

 

■Investor’s Net Gain: $10,000 – $200 = $9,800 x .65 = 6,370 for an investment that cost $10

■Bank’s Net Gain: $200 added to “capital account”, plus $2,000 they can use to loan out.

■US Treasury Net Gain: $2,500 from the .25 spread on top + $3,500 in quarterly taxes = $6,000

■CBI/GOI/Iraqi People Net Gain: $12,500 – $162.50 = $12,337.50 + Profits from “Other Factors”

■Overall Net Gain for All Involved: $6,370+$200+$6,000+12,337.20 = $24,907.20

 

This is the wealth that was generated from a single 10,000 IQD note that was given an original value of approximately $10! Is that amazing or what?! You tell me… can Iraq afford NOT to RV?!!! Will the IMF allow them to NOT RV their currency, but simply replace their large denoms for smaller ones?!!! LOL!!!

In this scenario, EVERYONE WINS… and the IQD is slowly taken back in to the CBI… eventually destroyed, leaving a manageable M2 behind, having created HUGE WEALTH throughout the world to re-supply what was allowed to be destroyed in the “great bleed” over a period of just a few weeks a couple of years ago, even the greatest redistribution of wealth the world has ever seen. Believe it or not, it has happened for this very purpose, and it IS coming!

 

not sure who wrote this but open for comment good or bad! 

When people say there is too much money in circulation I would say read the above…this in MHO is the plan and according the article above is also someone else’s…

[screwball]

The money was always going to be used for oil and would sit in central bank coffers…

[screwball]

On 1/6/2023 at 12:54 AM, cjdavid said:

Would between the mattress work?

😂🤣😂

I have mine atleast in a big gun safe…within fire proof containers 

[markb57]

On 1/5/2023 at 8:54 AM, cjdavid said:

Would between the mattress work?

😂🤣😂

might be lumpy though....

[yota691]

Quote

Russia has predicted oil at 150$

Russia might predict $150 because of Lets go Brandon action. 

 

Russia selling to India at below cost of market rate. Russia is comfortable to selling oil at $50 a barrel

[cjdavid]

I have been told to use a trust to shelter stuff in. 

[Longtimelurker]

On 3/1/2023 at 11:00 PM, screwball said:

I have mine atleast in a big gun safe…within fire proof containers 

Same here 👍

[md11fr8dawg]

On 2/2/2023 at 5:10 AM, screwball said:

Ultimately, the bank wins because they are able to gain $2,000 in lending power under the 10% “Fractional Banking“ model.

I believe I read that that 10% had been removed and now there is no restriction percentage wise. This is why the banks are in such trouble today and will most likely (many will go under) or start charging us to keepour $$$.

[HowieC]

6 hours ago, md11fr8dawg said:

I believe I read that that 10% had been removed and now there is no restriction percentage wise. This is why the banks are in such trouble today and will most likely (many will go under) or start charging us to keepour $$$.

Or simply TAKE our money via Bail In laws.

[jaman]

On 1/4/2023 at 9:07 PM, screwball said:

Silver and gold under your bed 

HAAA silver surfer 

[BETTYBOOP]

I get how this works but.... I am going to sound like a negative newly... I have had a very bad week. I am actually getting to a point where I feel the constant stalling is going to result in nothing this year. I know it is only March but I would be surprised if they actually pass a budget at the rate they are going.