CAN ANYONE EXPLAIN THIS?

[bigcity Bob]

He pointed out that "the process of restructuring, which will begin this week will focus on the provision of climates suitable for the lifting of three zeros from the local currency in addition to the development of the coin Mini for 500 dinars and 1,000 dinars. " and that "the level of the local currency will evolve during the next five years, according to the structure established by the Central Bank, which will address the economic gap of the part." "The current currency exchange backward and Atertqa to the level of advancement of the Iraqi economy and to address the gap and inflation during the next phase ". He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq.

The Iraqi government has denied holding any change in the local currency this year to reduce inflation. WHAT???????? NO RV?????

The local currency of Iraq has passed in the history of changes to several, most recently in 2004 when the former Governing Council replaced the previous currency, which was the symbol of the former regime. The main tasks Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking

http://www.alnaspape...iew.asp?ID=2516

[acceb75]

That translation is a little different than the one that was posted earlier. I think that isn't what he meant.

[fastang1111]

Bad link > I would love to read this

[bigcity Bob]

and sets «central» Iraq exchange rate at auctions periodically conducted of the coin, and the average sale of $ 140 million, the exchange rate average of 1170 dinars to the dollar. He noted the benefit that «project coins in 2004 was not successful, because it has not been as comprehensive reforms to support the financial value of the Iraqi dinar in the the world market ». He pointed out that «the coins will be the currency important intermediate value which is used for trading banking simple trading Interior». The Central Bank of Iraq on 22 June last, he decided to restructure the local currency in order to develop the payment system in the country. Also showed the International Monetary Fund in August last support of the Iraqi economy in the event of his a number of economic measures, including the allocation of banks and raise three zeros from the local currency and the payment of debts and compensation is the responsibility of Iraq. The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, which include exchange rates, management of foreign currency reserves, issue currency and management, as well as to regulate the banking sector. http://www.iraqdirec...r.aspx?id=16421

Dinar regain glory and coins in our pockets soon Sattar Jabbar Ghazzi Posted 01/08/2011 07:23 PM Central Bank soon begin to raise three zeros advice of international economic organizations and Baghdad? A Deputy Governor of Central Bank of Iraq that Iraq began the restructuring of the currency the involvement of international economic organizations focus on raising three zeros and the development of currency, metal new. The appearance of Mohammed, told the people that "the Bank Central agreed with international organizations on the process of restructuring of the currency and support the level of the value of the Iraqi dinar against foreign currency (dollAR

He pointed out that "the process of restructuring, which will begin this week will focus on the provision of climates suitable for the lifting of three zeros from the local currency in addition to the development of the coin Mini for 500 dinars and 1,000 dinars. " and that "the level of the local currency will evolve during the next five years, according to the structure established by the Central Bank, which will address the economic gap of the part." "The current currency exchange backward and Atertqa to the level of advancement of the Iraqi economy and to address the gap and inflation during the next phase ". He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq. The Iraqi government has denied holding any change in the local currency this year to reduce inflation. The local currency of Iraq has passed in the history of changes to several, most recently in 2004 when the former Governing Council replaced the previous currency, which was the symbol of the former regime. The main tasks Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking

http://www.alnaspape...iew.asp?ID=2516

[bamagirl]

They are absolutely not gonna tell you they are gonna RV, even if that is their intentions, until the rate changes......relax.

They are absolutely not gonna tell you they are gonna RV, even if that is their intentions, until the rate changes......relax.

[bigcity Bob]

They are absolutely not gonna tell you they are gonna RV, even if that is their intentions, until the rate changes......relax.

NOT TRUE..

WHEN SHABS WAS IN WASHINGTON HE STATED AN RV IS GOING AND NEEDS TO HAPPEN" VERY SOON"

[Up North]

Think about this sentence...

The Iraqi government has denied holding any change in the local currency this year to reduce inflation. WHAT???????? NO RV?????

What is a tool used to reduce inflation?? it starts with a L and ends with a P

They are stating that they do not intend on making changes due to inflation, which is good for us, IMO.

[nemesis760]

They are absolutely not gonna tell you they are gonna RV, even if that is their intentions, until the rate changes......relax.

NOT TRUE..

WHEN SHABS WAS IN WASHINGTON HE STATED AN RV IS GOING AND NEEDS TO HAPPEN" VERY SOON"

Can you link that please, i need a reason to live

[bigcity Bob]

Think about this sentence...

The Iraqi government has denied holding any change in the local currency this year to reduce inflation. WHAT???????? NO RV?????

What is a tool used to reduce inflation?? it starts with a L and ends with a P

They are stating that they do not intend on making changes due to inflation, which is good for us, IMO.

YES NOW THAT MAKES SENSE.

THANKS BUD !!

BCB

[mojack]

Old article.... http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http://www.alnaspaper.com/inp/view.asp?ID=2516

[Dalite]

There is a lot going on in that press release, and the statement that the government has denied making changes this year to reduce inflation has appeared in other releases also.

On or around June 20 Shabibi announced he had presented the restructuring plan to Maliki and that he, Shabibi, expected action in the following ten days.

It doesn't appear that Maliki is moving forward at the speed Shabibi expected.

The statement about the government appears in the middle of an article centered around the Central Bank.

I believe it is pure frustration.

The introduction of 500 and 1000 dinar coins is confusing. A few days ago, the coins were to be 250 and 500 dinar coins; equally confusing.

I believe we are seeing the CBI tiring of Maliki, just as some of the other blocks have sided with Allawi in the past week in an attempt to force Maliki to get things done.

In the past week Maliki has fired a MP for finding a relative of Maliki involved in corruption, and reversed the decision of a media organization and reinstated a reporter that had been fired for unprofessional reporting that threatened war with Kuwait.

Maliki is clearly out of control.

It looks like Shabibi is pushing his buttons too.

Nothing definite here; a lot of guesswork.

[acceb75]

Think about this sentence...

The Iraqi government has denied holding any change in the local currency this year to reduce inflation. WHAT???????? NO RV?????

What is a tool used to reduce inflation?? it starts with a L and ends with a P

They are stating that they do not intend on making changes due to inflation, which is good for us, IMO.

Did I mention I love you?!!!!!

I like your analogy!!!!!!!!!!!!!

[FRUSTRATED]

We all know the kind of people we are dealing with here so we shouldn't be surprised if they totally screw us out of everything.This is the second article in which they mention the 5 year period of time.It looks like they are making 500 and 1000 dinar coins,this really isn't feasible for any kind of rise in value. Remember the pricks over there making the decissions are already wealthy and obviously care nothing about their people or they wouldn't be living in mud houses with no electricity or water so IMO don't expect them to just do the right thing or even the most logical thing.

[en1gma]

NOT TRUE..

WHEN SHABS WAS IN WASHINGTON HE STATED AN RV IS GOING AND NEEDS TO HAPPEN" VERY SOON"

Bob, my dear dear acquaintance bob....

You are wound tight dude lol

Sit down, drink a glass of some nice scotch or perhaps a dos equis or two, or twelve, push that button on your keyboard labeled "CAPSLOCK", and listen to the audio of shabs again. That's most definitely not what he said.

Edited August 3, 2011 by en1gma

[bigcity Bob]

There is a lot going on in that press release, and the statement that the government has denied making changes this year to reduce inflation has appeared in other releases also.

On or around June 20 Shabibi announced he had presented the restructuring plan to Maliki and that he, Shabibi, expected action in the following ten days.

It doesn't appear that Maliki is moving forward at the speed Shabibi expected.

The statement about the government appears in the middle of an article centered around the Central Bank.

I believe it is pure frustration.

The introduction of 500 and 1000 dinar coins is confusing. A few days ago, the coins were to be 250 and 500 dinar coins; equally confusing.

I believe we are seeing the CBI tiring of Maliki, just as some of the other blocks have sided with Allawi in the past week in an attempt to force Maliki to get things done.

In the past week Maliki has fired a MP for finding a relative of Maliki involved in corruption, and reversed the decision of a media organization and reinstated a reporter that had been fired for unprofessional reporting that threatened war with Kuwait.

SO THEY MEAN NO RAISING OF THE THREE ZEROS TO REDUCE INFLATION..THEY WERE ALL SUPPOSED TO MEET TODAY AT TALABANI'S CRIB TO MAKE SOME PROGRESS.. ANYONE KNOW WHAT HAPPENED???

Maliki is clearly out of control.

It looks like Shabibi is pushing his buttons too.

Nothing definite here; a lot of guesswork.

Ahhhh now that makes sense... This is a fun ride now isnt it??

Now that the big O has penned this deal, Im very curiouse to see if we see an RV..That would tell us and confirm what we thought about how much, if any

influence we have on this Iraqi world...

[PD46]

The Iraqi government has denied holding any change in the local currency this year to reduce inflation.

Who is in charge of controlling the currency and charged with keeping monetary systems in place to stabilze Iraq's economy..... a GOI that fights daily and can't form any viable government to lead and govern or the CBI lead by Shabibi. The CBI is an independent entity; even the Iraqi Supreme Court has ruled on that. What part of the fractured and confused Iraqi government made the above claim in bold, the Ministry of Forestry and Tourism or the Ministry of Social Welfare and Development?

Edited August 3, 2011 by PD46

[bigcity Bob]

The Iraqi government has denied holding any change in the local currency this year to reduce inflation.

Who is in charge of controlling the currency and charged with keeping monetary systems in place to stabilze Iraq's economy..... a GOI that fights daily and can't form any viable government to lead and govern or the CBI lead by Shabibi. The CBI is an independent entity; even the Iraqi Supreme Court has ruled on that. What part of the fractured and confused Iraqi government made the above claim in bold, the Ministry of Forestry and Tourism or the Ministry of Social Welfare and Development?

WHO KNOWS...

[NWGUY]

We all know the kind of people we are dealing with here so we shouldn't be surprised if they totally screw us out of everything.This is the second article in which they mention the 5 year period of time.It looks like they are making 500 and 1000 dinar coins,this really isn't feasible for any kind of rise in value. Remember the pricks over there making the decissions are already wealthy and obviously care nothing about their people or they wouldn't be living in mud houses with no electricity or water so IMO don't expect them to just do the right thing or even the most logical thing.

I understand exactly what you are saying. If they say it is sunny out today, it is probably raining!

That being said, it isn't about us. This is all about them, and they won't screw over their own people. We will be okay. They have to get the large bills off the market, and they will do it by RVing a little over a dollar, so that their people will quit using the us dollar. The larger bills will be turned in, and held by the treasury's, to be traded for oil at a later date. The value will climb very slowly over the next 5 yrs, and eventually, all the larger bills will be turned in. Think about this. Some people are going to cash in at whatever amount they say, just to be done with this, and also, for the reason, that you never know what the Iraqi government might do later. Some people will hold out as long as they can, and cash in when it is convenient for them. The others will hold for however long they can to maximize their dinar. So, I guess what I am saying is, all the dinars will not be cashed in at the same time, which will give Iraq a 5 yr window to eliminate the big bills.

This is just my opinion, and nothing is provable by anything they say or write, because like I said before, you can't believe anything you read or hear from them, so don't get frustrated and upset. Stay grounded, and eventually we will get there!

We are closing in, so be prepared!!!

Go RV!!!!

[DinarDana]

I understand exactly what you are saying. If they say it is sunny out today, it is probably raining!

That being said, it isn't about us. This is all about them, and they won't screw over their own people. We will be okay. They have to get the large bills off the market, and they will do it by RVing a little over a dollar, so that their people will quit using the us dollar. The larger bills will be turned in, and held by the treasury's, to be traded for oil at a later date. The value will climb very slowly over the next 5 yrs, and eventually, all the larger bills will be turned in. Think about this. Some people are going to cash in at whatever amount they say, just to be done with this, and also, for the reason, that you never know what the Iraqi government might do later. Some people will hold out as long as they can, and cash in when it is convenient for them. The others will hold for however long they can to maximize their dinar. So, I guess what I am saying is, all the dinars will not be cashed in at the same time, which will give Iraq a 5 yr window to eliminate the big bills.

This is just my opinion, and nothing is provable by anything they say or write, because like I said before, you can't believe anything you read or hear from them, so don't get frustrated and upset. Stay grounded, and eventually we will get there!

We are closing in, so be prepared!!!

Go RV!!!!

I have to agree this sounds the most logical to me and I most often thought this would be the case. If this is the way this ride unfolds I think it will serve the Iraqi nation, the citizens and the speculators. JMHO - And yes we need to relax, this ball is rolling and gaining momentum.

[IowaDinar]

We all know the kind of people we are dealing with here so we shouldn't be surprised if they totally screw us out of everything.This is the second article in which they mention the 5 year period of time.It looks like they are making 500 and 1000 dinar coins,this really isn't feasible for any kind of rise in value. Remember the pricks over there making the decissions are already wealthy and obviously care nothing about their people or they wouldn't be living in mud houses with no electricity or water so IMO don't expect them to just do the right thing or even the most logical thing.

NICE MOUTH JACKWAGON:rolleyes:

[FRUSTRATED]

NICE MOUTH JACKWAGON:rolleyes:

You are intelligent!

[number9]

You are intelligent!

Edited August 3, 2011 by Markinsa
Remove: Offenseive & Provoking Picture

[Markinsa]

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[onerighthand]

go rv.

[tandy]

people should quit paying attention to unfounded, no proof opinions!.

If it isn't backed up by official documents or publications it is 99 % bull hockey. The long term plan is following a step X step procedure that has almost come to fruitation. Each step has been followed to the letter even though misinformation has been rampant for months to try and discredit the process. Don't buy into theories and opinions with absolutely no proof of authenticity.

If a few naysayers wish to pee in their cheerios...let them, as those of us that believe in this journey have seen the undeniable proof that an rv is imminent and necessary for Iraq to prosper as a contributing nation to the worlds economical health. So if they aim at your cheerios...hit em in the head with a bowl of positiveos!