Med Chat 12-1-10 6:48 cst

[jlassociates]

Med's Chat on 12/01/10 @ 7:48 am EST

Med says to (07:48:59):

GM

Bam Bam says to (07:49:12):

ya see the article pm put up..

Med says to (07:49:32):

THE ONE BY SALEH AND THE PURCHASING POWER OF THE DINAR

Bam Bam says to (07:49:52):

central bank consult

http://www.dinarspeculator.com/showt...e-the-currency

Med says to (07:50:12):

SALEH IS THE CENTRAL BANK CONSULTANT

Bam Bam says to (07:50:54):

yeppers.. that one

Med says to (07:50:56):

THE ONE ABOUT RESTRUCTURING THE CURRENCY

NO

Bam Bam says to (07:51:10):

yes.

cwwilson says to (07:51:14):

lol

hunter1 says to (07:51:18):

lol

Med says to (07:51:37):

I SAT THERE FOR 5 FRIGGN MIN

WAITING FOR SOMEONE TO BRING IT UP

Bam Bam says to (07:52:19):

sorry we were eatin breakfast drinking coffee.. and watchin pink panther

Med says to (07:52:28):

NO

YOU DON'T UNDERSTAND

LMBO

38cabo says to (07:53:01):

i read the first sentence 10 times , were is says " we will "

Med says to (07:53:44):

YES I LOVE IT WHEN A NEW TERM IS NOW USED

RESTRUCTURING

REDENOMINATION

REVALUING

VALUATION

REBASING

REEVALUATION

Bam Bam says to (07:54:21):

resort to the restructuring

like this was new.. take a therouis..

I didn't know what it ment by Increasing alatnag

Med says to (07:56:34):

OK I KNOW WHAT IT MEANS

NOT SURE I AM IN THE MOOD TO EXPLAIN

RIGHT NOW

GOT TO TAKE A LEAK

IT'S GONNA TAKE AWHILE

IT IS LONG DISTANCE

THE EXPLANATION IS SIMPLE

WOULD TAKE LIKE 30 SECONDS

IF I HAD THE TIME TO TYPE FOR 30 SECONDS

I COULD EASILY EXPLAIN IT TO YOU ALL

BUT MY EYEBALLS ARE FLOATING

SO WHEN I AM DONE WITH THAT

I AM GOING TO MAKE A BREAKFAST SANDWICH

Bam Bam says to (07:59:27):

you have alrready typed for 30- seconds go ..

Med says to (07:59:30):

EAT THAT

THEN CLEAN UP

COME BACK DOWN

AND THEN CHECK ON THE PUPS

THEN IT WILL TAKE ABOUT 30 SEC TO EXPLAIN

OK

SO HOLD YOUR WATER

DON'T PRESSURE ME

GEEZ

I CANT TAKE PRESSURE

cwwilson says to (08:00:30):

oh boy

Med says to (08:00:36):

BBIAB

Polarbear says (08:00:40):

the FUNNY thing is it is taking you 2 mins to explain that it will take you 30 sec to explain it ROFLMBO

hunter1 says to (08:01:09):

crakin me up (lol)

Bam Bam says to (08:01:14):

like I was thinking typed for 2 min.. that he would be back for a 30 second explanation..

Med says to (08:02:41):

OK DONE

SO I TAKE IT YOU DON'T WANT ME TO EXPLAIN

cwwilson says to (08:04:17):

yes i do

please

Med says to (08:04:21):

OK

IT WON'T TAKE LONG

SO WHAT DOES ANYONE THINK IT REALLY MEANS

TO RESTRUCTURE A CURRENCY

REALLY

Polarbear says (08:08:07):

RV RV RV

Med says to (08:08:18):

PRETTY MUCH PB

cwwilson says to (08:08:22):

to alter its value

Med says to (08:08:27):

BUT IT IS A BIT MORE COMPLICATED

Polarbear says (08:08:25):

money in MY pocket

Bam Bam says to (08:08:30):

revalue the currancy

Med says to (08:08:33):

RESTRUCTURING

IS DONE IN STEPS

lifeisgood says to (08:08:46):

change the currency from lg to sm

Med says to (08:08:47):

AND SALEH

lifeisgood says to (08:08:50):

and it

it's value

Med says to (08:08:57):

YES

IT IS LIFE

TY

thepainman says to (08:09:09):

llike keeping it at 1170 for over a year

Med says to (08:09:10):

SEE I TOLD YOU 30 SEC

NO

IT IS NOT THE VALUE

IT IS THE INTRODUCTION

OF

DIFFERENT DENOMS

OVERLAPPING

AND REMOVING

THE ONES ON TOP

AND WORKING YOUR WAY DOWN

TO THE ONES THEY HAVE SET TO END THE RESTRUCTURING

ZAMBIA DID IT IN 03

HAVING 3 SETS OF DENOMS

PRINTED

THEY FIRST PUT OUT THE LARGE

THEN HAD AN OVERLAP

AND THEN PULLED

THEN PUT OUT THE LAST SET

THAT OVERLAPPED THE LOWEST OF THE 2ND SET

AND THEN PULLED

TO END UP WHERE THEY ARE

THIS WAY THE PEOPLE WOULD BE ABLE TO UNDERSTND

THE PURCHASING POWER OF THE CURRENCY HAS TO BE INCREASED

AS WAS STATED IN SALEH'S REMARKS

THE CURRENCY HAS TO MEET THE ECONOMIC STANDARDS

AND ALSO WHAT IS ABOUT TO HAPPEN IN 2011

IRAQ IS EXPECTED TO DRASTICALLY INCREASE OIL PRODUCTION

WHICH WILL END UP A BOOM TOWN

LIKE THE CALIFORNIA GOLD RUSH

AND THE CURRENCY WILL HAVE TO BE ABLE TO HANDLE THE PRESSURE OF THE NEW GOODS THAT WILL BE COMING IN

WHEN PEOPLE HAVE MONEY

THEY WANT TO CHARGE MORE

AND THEY WILL NEED A CURRENCY WITH A VALUE TO COMPENSATE

FOR THAT

SO THAT IS IT

IN A NUTSHELL

IT IS GREAT NEWS

HE TRIED TO SLIDE ONE BY

OK I AM OFF TO BED

GONNA GET SOME Z'S NOW

BEEN WATCHING THIS ALL NIGHT

TO SEE WHAT UNFOLDED

[Maynard57]

Great post. Thanks.

Maynard

[lechesuerte]

Thanks for the post. GO RV in 2010!!

[Biker girl]

Thanks !!!

[ReachingHigher]

Does anyone have the link to this article from Saleh he is talking about - the link does not work.

Thanks!

Peace!

Found it:

Citizen / Mustafa Al Hashimi

. Economic expert called for the expansion of trading in Iraqi currency and the reduction of trading in foreign currency (at least temporarily) the fact that it will support the Iraqi dinar and increase the strength of locally and regionally.

. Said Dr Issam Mahouelle's (Citizen) reported yesterday that traders deal in a wide circulation of the Iraqi currency comes in the priorities of economic reform.

. So said the central bank adviser Mzarsaleh that the bank is seeking to restructure the currency to suit the economic development., "Said Saleh (of the Agency news) we will resort to the restructuring of the currency to suit the new situation and economic progress, noting that the currency is growing day by increasing Alatnag and economic progress , not because of inflation and release as before. He added that the value of the Iraqi dinar escalate, and this rise has achieved a major goal in addition to the purchasing power of the dinar rose to $ imports.

Saleh explained: Ann's central bank plans to maintain the value of the Iraqi dinar and the essence of monetary policy, which we have adopted the stability of the overall level of prices. And Saleh said that the exchange rate the Iraqi dinar and foreign currency represents the external value of the currency where the value of internal and external value, explaining: the external value of the task for the economy of oil-exporting countries and importing of many items, as we believe that monetary policy is part of the inflation target and raising the purchasing power of the Iraqi dinar http://translate.goo...late.google.com

Read more:

[Traconesu02]

Thanks for posting the chat jlassociates

[Drez]

Good info, I'm so ready for this to hit.