Thursday Afternoon Opinions @ 4:15 PM CDT - 1/04/2024

[ronscarpa]

REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ...  RON 

 

 

Angel1  Here's one way they can do it. They can do what's called a re-denomination... You got 3-zeros and then you've got a re-denomination which is another set of currency which is what many call the smalls.  You've got a 25,000 note and then you've got a 25 note...The key...a re-denomination occurs when there is an exchange in currency but there is no value change.   No value change - that is what a re-denomination is [LOP].  What can happen is you get the larges, you exchange them for smalls, they're given a certain time frame, say 10 to 20 days and in that 10 to 20 days they change prices in their markets...and then sometime between 10-20 days they jump on Forex and it goes International...That is one way they can do it...[Post 1 of 2....stay tuned]

 

 

Sandy Ingram  The Iraqi dinar is not on the Forex market, yet. The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market. The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash. Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often. There is little technical analysis or data available to support trading decisions for exotic currencies...

 

Walkingstick  The closer we get to this monetary reform, much more will be revealed...So much is already being revealed and put in print but as we get closer you will see so much more.  

 

Pimpy  Question: "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?" Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros. Pay attention to the wording. It doesn't say anything at all about the exchange rate. It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note. Nothing about the rate. The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...

 

Frank26  Question: "The war is likely escalating in the Middle East. When Iran gets involved will this negatively affect the rate? the float?" IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking.  It has nothing to do with the war.  Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket.  Because what countries are in those baskets?  Yeah, the ones that might be affected but I don't think it'd be affected in a negative way.  War has a tendency to (snap) speed things up.

 

Militia Man & Mark  Question: What happens if they just print new notes and the dinar we hold are not good anymore? Mark: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though. Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
 

 

[BETTYBOOP]

We don't want what Angel1 is talking about!

[NWGUY]

43 minutes ago, BETTYBOOP said:

We don't want what Angel1 is talking about!

 

No we do not want that.  What I understand is that they will delete the 0's off the .00090 or whatever it happens to be at the time.  Then collect all the large bills from inside the country, and reissue the small bills.  Outside the country, those will go back to the treasuries once they are turned in.   I have heard though, that they will have a window to turn in the bills, and get them out of circulation.  Just some of the things I have read.  Who knows?? 

[Luigi1]

Militia Man & Mark  Question: What happens if they just print new notes & the dinar we hold are not good anymore?

 

 

Won't happen.  Under the Paris Agreement Iraq must come through with a RI after the West forgave them of their debts.   Iraq owes the West.

[BETTYBOOP]

That clown called Pimpy is still saying the zeros are coming off the notes not the rate. He claims to have seen a document which states this. I have looked but can't find anything that states either if it is coming off the notes or off the rate. 

[T B]

Ep 3250b - The Start, Epstein Narrative Established, Crimes Against Children Unite All Humanity

[edbeach]

3 hours ago, ronscarpa said:

REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ...  RON 

 

 

Angel1  Here's one way they can do it. They can do what's called a re-denomination... You got 3-zeros and then you've got a re-denomination which is another set of currency which is what many call the smalls.  You've got a 25,000 note and then you've got a 25 note...The key...a re-denomination occurs when there is an exchange in currency but there is no value change.   No value change - that is what a re-denomination is [LOP].  What can happen is you get the larges, you exchange them for smalls, they're given a certain time frame, say 10 to 20 days and in that 10 to 20 days they change prices in their markets...and then sometime between 10-20 days they jump on Forex and it goes International...That is one way they can do it...[Post 1 of 2....stay tuned]

 

 

Sandy Ingram  The Iraqi dinar is not on the Forex market, yet. The Iraqi dinar is an exotic currency, as is the Vietnam dong... Currencies are traded in pairs on the Forex Market. The 3 main types... majors, minors and exotics...The more liquid an asset the easier and more efficient it is to turn it back into cash. Major currency pairs have the highest trading volume... Exotic currencies...are not traded that often. There is little technical analysis or data available to support system" rel="">support trading decisions for exotic currencies...

 

Walkingstick  The closer we get to this monetary reform, much more will be revealed...So much is already being revealed and put in print but as we get closer you will see so much more.  

 

Pimpy  Question: "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?" Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros. Pay attention to the wording. It doesn't say anything at all about the exchange rate. It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note. Nothing about the rate. The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...

 

Frank26  Question: "The war is likely escalating in the Middle East. When Iran gets involved will this negatively affect the rate? the float?" IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking.  It has nothing to do with the war.  Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket.  Because what countries are in those baskets?  Yeah, the ones that might be affected but I don't think it'd be affected in a negative way.  War has a tendency to (snap) speed things up.

 

Militia Man & Mark  Question: What happens if they just print new notes and the dinar we hold are not good anymore? Mark: That will never be accepted in the international world. You would have to have a closed economy to do that…like N. Korea. You cannot do that to the international world though. Militia Man: We can clearly see the people behind this – the WTO, The IMF, The world Bank…the BIS, the Federal Reserve bank…The US, Canada, The UK…all kinds of countries hold dinar in their foreign reserves. Iraq cannot just say…”Sorry guys- we aren’t paying you” That is not going to happen. We are talking trillions. Look at the US- The US embassy in Iraq is one of the biggest in the world. One of our presidents said we are going to get paid back for this. They are planning big things over the next few months and need an exchange rate to match. Sudani has been moving on steroids to get this done.
 

 

So Pimpy you say remove the 3 zeros off the currency. If this is case this would be a LOP then. So why wait all these years to just reduce the currrncy. Makes no sense

 

[Artitech]

3 hours ago, BETTYBOOP said:

We don't want what Angel1 is talking about!

If they were going to do that, they could’ve done this 15 years ago, plus save themselves a lot of money! There will be no so called lop! JMHO!  🤠

[screwball]

On 1/5/2024 at 2:24 PM, Artitech said:

If they were going to do that, they could’ve done this 15 years ago, plus save themselves a lot of money! There will be no so called lop! JMHO!  🤠

💯

[screwball]

These fools have no grasp for what happens in war….inflations hits,,inflationary zeros are added to the rate strip purchasing power away from a country and it’s citizens during war. This means rebels or terrorist groups have no means by which they can fund their activities…what they didn’t count was obama and the cia and creating ISIS and Obama funding the war by giving huge amount of funding to Iran without congressional approval…the zeros will come off! In MHO

[jg1]

2 hours ago, screwball said:

These fools have no grasp for what happens in war….inflations hits,,inflationary zeros are added to the rate strip purchasing power away from a country and it’s citizens during war. This means rebels or terrorist groups have no means by which they can fund their activities…what they didn’t count was obama and the cia and creating ISIS and Obama funding the war by giving huge amount of funding to Iran without congressional approval…the zeros will come off! In MHO

Then they say removing the zeros from the rate will cause inflation.. No change will give you only change in your pocket. 💥💥💥💩🤡☠️