Popular Post Aqua Dude Posted October 19, 2011 Popular Post Report Share Posted October 19, 2011 (edited) I have respect for the creator of this website, but i beg to differ The authors of the plan have already stated that: "it is essential to re-establish the base purchasing and foreign exchange value of the NID(New Iraqi Dinar) as it was in the 1970's" (see link PAGE 14 Paragraph 3) earlier in the document they said" "It was beyond the imagination of the Iraqi's that the foreign exchange value of the Iraqi Dinar(OLD Iraqi Dinar) in the Late seventies was 1 ID to $3.3 USD..." (see link PAGE 14 Paragraph 1) in closing of the thought they said: "This means that 1 NID = 6000 ID = $1 USD." (see link PAGE 14 Paragraph 3) LINK: http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB198/FOI%20Economy%20and%20Infrastructure.pdf It states right there in the PLAN that the value will be at least 1 to 1 for all that know how "THEY" work, they must tell us what they are doing BEFORE they do it, and this document was released A LOOOOONG time ago, letting us know what thet are going to do BEFORE they do it....this is how THEY always do....in movies.....in literature....if you're keen enough, you will have FREE(d) YOUR MIND +1 if you can read the provided link and believe the plan over any article, any rumor, any guru, any mod, and/or anyone +1 if you like evidence that i always show with back up links as proof +1 if you believed the 1 to 1 as the most viable option +1 if you aren't looking at ways to discredit me by attacking me personally and calling me confused or un-intelligent in any form or fashion like some keeps like to do. -1 if you're brain dead Bumpers Edited October 19, 2011 by Aqua Dude 76 3 Link to comment Share on other sites More sharing options...
Markinsa Posted October 19, 2011 Report Share Posted October 19, 2011 Thanks, I've been looking for this document for the past week! - 1 Link to comment Share on other sites More sharing options...
oneremedy Posted October 19, 2011 Report Share Posted October 19, 2011 (edited) Thats the sexiest thang ive read all week! Thanks and a + from me. Edited October 19, 2011 by oneremedy 1 Link to comment Share on other sites More sharing options...
Biker Posted October 19, 2011 Report Share Posted October 19, 2011 You are so right on that rate, for the past yr they have made many press releases that they wanted it to rate out at 1-1 for it would be easy for there people to work with as they have with the US dollar for the past yrs. You just had to pay attention to what they say. 1 1 Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted October 19, 2011 Report Share Posted October 19, 2011 That's a great find, thanks for the post. 1 Link to comment Share on other sites More sharing options...
keepmwlknfny Posted October 19, 2011 Report Share Posted October 19, 2011 Your right, it does talk about 1 NID being equal to 1 USD, but it seems that this was to be the plan for the original exchange in 2004 with the new currency. That they would switch out the Saddam dinar (ID) for the current dinar (NID) at a ratio of 6000 to 1, and that the (NID) would be equal to 1 USD.... But instead they switched out ID for NID (which we hold now) at a ratio of 1 to 1.... The plan is definately to get the value back to the 3 dollar range, and they have the opportunity to do so but they need alot of work still......it will definately take sometime.... Using the statements you did to validate they want the dinar 1 to 1 with the USD could still be taken from reading it, but with the equation they used it doesnt make any sense or fit simply because we have the NID and it was exchanged at a much lower ratio (probly due to the fact they didnt wanna piss off the people of Iraq by telling them it takes 6000 saddam dinars to get 1 of the new ones....that probly would not have sat so well with the citizens. But im not saying that they cant get it 1 to 1 or that its not the plan.....just that there are many ways to get that.... 9 9 Link to comment Share on other sites More sharing options...
2fast4u2c Posted October 19, 2011 Report Share Posted October 19, 2011 I have learned it doesn't matter what any documnet says....we just have to wait. 6 Link to comment Share on other sites More sharing options...
Sanssouci Posted October 19, 2011 Report Share Posted October 19, 2011 For all that know how "THEY" work, they must tell us what they are doing BEFORE they do it, and this document was released A LOOOOONG time ago, letting us know what thet are going to do BEFORE they do it....this is how THEY always do....in movies.....in literature....if you're keen enough, you will have FREE(d) YOUR MIND,A friend of mine calls this the age of "Revelation of the Method." We are currently living in that age. 1 Link to comment Share on other sites More sharing options...
easyrider Posted October 19, 2011 Report Share Posted October 19, 2011 (edited) Great post. Ive always said a 1 to 1 is what we will get at least to ease transactions and they have stated multiple times they want the dinar up to par with the USD. Edited October 19, 2011 by easyrider 5 Link to comment Share on other sites More sharing options...
NWGUY Posted October 19, 2011 Report Share Posted October 19, 2011 Great Post! JMHO, and I have stated it many times, is that they need to come in at least a little over the dollar, so that they can eliminate the US Currency, and get the Iraqi's using their own currency. There are so many ways that they can accomplish this, but I really think they will keep it simple, with an RV, and then phase out the old currency, while introducing the new currency. Keeppppp, don't shoot me brother!!! Like I said before, this is JMHO, and I respect the opinion of the others that think this might lop. There is possibilities of either. Let's hope I am right about this, and we all walk away......HAPPY! Go RV!!! 3 Link to comment Share on other sites More sharing options...
amhvl Posted October 19, 2011 Report Share Posted October 19, 2011 A 1-1 RV always made the most sense to me. Iraq wants to de-Dollarize (is that actually a word?) and a 1-1 initial RV certainly makes the transition (and subsequent transactions) simpler. 1 Link to comment Share on other sites More sharing options...
The Jonald Posted October 19, 2011 Report Share Posted October 19, 2011 in time it will be. just because they want a one to one, FOR EASIER TRANSACTIONS, really isn't a good reason, if your economy cannot handle that high of an exchange then it won't happen. i agree with Adam, i think 10 to 30 cents in the beginning, with a cash in window of 30-90 days. just my humble opinion. 1 1 Link to comment Share on other sites More sharing options...
Alex38 Posted October 19, 2011 Report Share Posted October 19, 2011 Love it! 1 Link to comment Share on other sites More sharing options...
amhvl Posted October 19, 2011 Report Share Posted October 19, 2011 in time it will be. just because they want a one to one, FOR EASIER TRANSACTIONS, really isn't a good reason, if your economy cannot handle that high of an exchange then it won't happen. i agree with Adam, i think 10 to 30 cents in the beginning, with a cash in window of 30-90 days. just my humble opinion. Your points are certainly valid. Like many here, I hope for the best and have planned for the worst. God Bless! 1 Link to comment Share on other sites More sharing options...
DinarDana Posted October 19, 2011 Report Share Posted October 19, 2011 Bumpers This is the document that keeps me thinking positive. Thanks Aqua Dude! 1 Link to comment Share on other sites More sharing options...
Canuklady Posted October 19, 2011 Report Share Posted October 19, 2011 Thanks for the post Aqua Dude. Plus one to you! RV! 1 Link to comment Share on other sites More sharing options...
dhardage Posted October 19, 2011 Report Share Posted October 19, 2011 A 1-1 RV always made the most sense to me. Iraq wants to de-Dollarize (is that actually a word?) and a 1-1 initial RV certainly makes the transition (and subsequent transactions) simpler. Let's declare it a word even if it isn't! I like it! 2 Link to comment Share on other sites More sharing options...
caughtinthecrossfire Posted October 19, 2011 Report Share Posted October 19, 2011 Let's declare it a word even if it isn't! I like it! HAHA! Agreed! Link to comment Share on other sites More sharing options...
dhardage Posted October 19, 2011 Report Share Posted October 19, 2011 Thanks for the post Aqua Dude. Plus one to you! RV! Hi Canuk! Know how I am always bragging that my boss lives 100 miles away, which is why I have wayyyy too much time on my hands for this?? She came in today, so I HAD to talk to her!! Nah, I love her. We had fun! Anyway......been gone for a few hours.......What did I miss?? Link to comment Share on other sites More sharing options...
snakes251 Posted October 19, 2011 Report Share Posted October 19, 2011 Just do it soon...PLEE-HEE-HEEEZ! Christmas is coming up and I'm tired of work. Link to comment Share on other sites More sharing options...
HopefulTxn Posted October 19, 2011 Report Share Posted October 19, 2011 So the original plan was to redenominate at a rate of 6,000 IQD to 1 NID to increase it's value and that is a good thing? 2 2 Link to comment Share on other sites More sharing options...
amhvl Posted October 19, 2011 Report Share Posted October 19, 2011 Let's declare it a word even if it isn't! I like it! Thanks to you, I just penciled it into my Websters. Link to comment Share on other sites More sharing options...
Bambino3 Posted October 19, 2011 Report Share Posted October 19, 2011 Boy oh boy oh boy - 1-1 . Wouldn't "visions of sugar plums dance in our heads"? 1 Link to comment Share on other sites More sharing options...
oneremedy Posted October 19, 2011 Report Share Posted October 19, 2011 1-1 sounds good and makes sense but lets remember, making sense and Iraq is an oxymoron. Link to comment Share on other sites More sharing options...
George Hayduke Posted October 19, 2011 Report Share Posted October 19, 2011 My concern is that the 1 to 1 value will be obtained after the "raising" three zeros from the NID. They have stated numerous times this is also their goal. It's possible that after the three zeros have been 'raised', an introductory float could introduce the then New, New Iraq Dinar (NNID) at a beginning value of $1.10 to $1.30. It's a profit to be sure but not one many here have been hoping for. But, if there is no cash in window for offshore holdings of NNID, it would be possible to hold on to your holdings (I know - redundant) until such time the NNID increased to a more palatable $3 or more. Again, just a personal concern, I hope it doesn't go down that way. George 2 Link to comment Share on other sites More sharing options...
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