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(Recaps Note: This post continued to grow during the nite with more comments so it has been split & edited into 2 parts - Please read again to get the full coverage - Sorry for any confusion or inconvenience -- Thank You)
Purifiers Continues: We need the TRUE VALUE of Iraq to reflect in its currency.... that is how it is suppose to be...
However.... we (UN, IMF, and Others) have their rate FROZEN... at what we call a "programme rate".... pre-Sadaam... they "HAD" in those days.... over $3 per dinar value... and Iraq had FAR LESS NATURAL RICHES AND RESOURCES Known... at that time.... THAN THEY DO NOW!!!!!!!
So the dinar is UNDERVALUED.... PRESSURE FROM ALL IN LINE.... STANDS TO REASON.... TO BRING FORTH AN I.R. FROM IRAQ...
Here is the list of what many compiled in the thread.... WAITING IN LINE.
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(Recaps Note: This post continued to grow during the nite with more comments so it has been split & edited into 2 parts - Please read again to get the full coverage - Sorry for any confusion or inconvenience -- Thank You)
Frank: IF !!!!!!!!!!!!!!!!!!!!!!! ............ You could TALK to The CITIZENS Yourself ........ You would truly understand our new thread called .......... " LONG WAITING LINE for ARTICLE 8"
Memorize this my Friend:
NO ONE gets in a long line on a cold Thursday night at BEST to miss.......... Black Friday.
Aloha oi ......... :hangloose: KTFA Frank
whatever ? Sat Jul 11, 2015 5:28 pm * [Post 163] Hi there Mr. Frank, Aloha to you and Tink,
I know for me I am just trying to make ends meet. Myself and my daughter are in Dusti's prayer chain, which I am so grateful for. I try to catch up with the Lava flow when I can, I work 6 days a week..
I appreciate everything you and your staff here do, so much. My question was this one, I'm sure it's developing, it was post 127 today, to Delta, I know his plate, like yours, (an aloha plate Brah?) is full, but here it is and was: I don't know if Delta is actually online or not, but here goes:
Hi Delta! I hope all is well with you and yours! Last month on June 8th you posted that on Iraqia media they said new paper currency was scheduled to be put on the market in July. It was stated that it would reduce demand for the US dollar and raise the value of the IQD. Any word on that?
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Millionday News 7/12/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOTE -- WAITING FOR THE TIME FOR THE REMOVAL OF THE THREE ZERO CURRENCY AND ---- CBI SPECIFIES THAT -- IN OTHER WORDS THAT WILL COME FROM CBI --
Millionday: He explained Sylvana, a press statement, that "the issuance of a new class of Iraqi currency requires the presence of the assigned bank reserves Central foreign currency ", stressing that the central bank reserves at the moment, according to what the governor of the bank on the Keywords, enough for the issuance of class 50 000 dinars".
Millionday: NOTE -- IN THE PRESS STATEMENT -- CBI HAS ENOUGH TO COVER THE RELEASE OF THE HIGH DENOMS TOO --- REPORTED TO BE FOR STRATEGIC REASONS
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Millionday News 7/12/15 Part 1 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: Confirmed an economist possibility of adaptation of monetary policy towards the enhancement of the real production sector in the country through the mechanisms used by the central bank.
Millionday: NOTE -- THIS IS TALKING ABOUT CBI ADOPTING THE MONETARY POLICY AND THE LAUNCH OF IRAQI PRODUCTION -- WHOOPOW
Millionday: He went economist Karim Mustafa in an interview for the "morning" that any rise in the dollar against the Iraqi dinar will contribute to the increase of import is reflected negatively on the viability of local production to compete in the market warning to the impact of this equation on the orientations of the executive authority in the search for new sources to diversify budget revenues through production.
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Post From KTFA By aggiedad77 ? July 12th, 2015,
Sunday News Summaries and Commentaries
Where does the time go.....half the summer is already over and before you know it Labor Day will be upon us.....hang on Family the ride is bumpy, but remember what brought you here and who will bring you through everything.....our God in Heaven is powerful and also protective.....with perfect timing and He's never been wrong.....keep that in your mind as we go through what we see today. So glad to be here with you today.
Major surprise Azvha Parliament to the citizens after the "Eid al-Fitr"
WOW....first Maliki being removed or asked to resign....which I don't see happening....now Najafi from his position as Vice President and Saleh al-Mutlaq from his position as Deputy PM....what is going on....
there even sound like more names may be added to this list after Eid......all from the Iraqi Coalition Forces......will need to keep an eye on this to see what if anything materializes from it.....remember one article does not make all things factual.
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Subject: Lift Every Voice Part 2 of 2
Date: Sun, 12 Jul 2015 18:38:00 -0400
THE GOOD GUYS ARE THE ONES THAT QUIETLY WORK TO GET THE WORK DONE, AND ACTUALLY GIVE A HELPING HAND TO OTHERS AND CARE DEEPLY FOR OUR HUMANITY. THAT'S MY DEFINITION.
WHY FIGHT AMONGST EACH OTHER? MAKES NO SENSE. WE HAVE THE ENVIRONMENT TO BATTLE WITH AND CLEAN AND HOMELESS KIDS DRINKING SEWER WATER....SO WHAT IS THE PRIORITY? REALLY...
I REALLY REALLY HOPE THAT THE GUYS THAT ARE IN THE LIMELIGHT ACKNOWLEDGE THIS, AND MAKES SOME CORRECTIONS IN THE PATHS THAT HAVE BEEN TAKEN. WE DO HAVE A HUGE TASK AHEAD OF US FIXING OUR PLANET AND HELPING HER KIDS. RIGHT?
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Subject: Lift Every Voice and Sing
Date: Sun, 12 Jul 2015 18:38:00 -0400
Greetings and Salutations:
POOF SAID;
The Project is for real and the lost hope or the disillusionment of all of that is natural but the thing will manifest and the work being done is on-going. Many are in a state of desperation and feel the pain of so many who have held fast to this project for so long.
The Chinese do not think in terms of time as Americans or Westerners, they know that existence has been shall we say, "forever". It feels like being on a plane ride ready to jump out in your first parachute jump. Hang in there; don't quit now. Be still and know; this will materialize as promised.
The world has not changed; upsets and chaos continues to unfold; in fact there is more of it every day. The revelations forthcoming are monumental and the changes those will bring in time are for the betterment of all.
In the meantime, the work that is afoot is continuing and the enormous power that some have had in this world has been crimped enough that changes are going on.
The continued reinforcement for all who wait is that the transition time is far, far closer than it has ever been and the worrisome issues that you see afoot are just that. Do notice that money cures a lot of ills. So do not be surprised!...P...
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When Money Dies: Germany and Paper Money After 1910
OCTOBER 31, 2014Marcia Christoff-Kurapovna
TAGS World History Money and Banking
The story of the destruction of the German mark during the hyper-inflation of Weimar Germany from 1919 to its horrific peak in November 1923 is usually dismissed as a bizarre anomaly in the economic history of the twentieth century.
But no episode better illustrates the dire consequences of unsound money or makes a more devastating, real-life case against fiat-currency: where there is no restraint, monetary death will follow.
"It matters little that the causes of the Weimar inflation are in many ways unrepeatable; that political conditions are different, or that it is almost inconceivable that financial chaos would ever again be allowed to develop so far," wrote British historian and MP Adam Fergusson in his 1975 classic, When Money Dies.
"The question to be asked - the danger to be recognized - is how inflation, however caused, affects a nation."
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~Opinion piece from ZeroHedge~
When Money Dies
Submitted by Tyler Durden on 07/11/2015 17:44 -0400
Submitted by Paul-Martin Foss via The Carl Menger Center,
"When Money Dies" is the title of a 1975 book by Adam Fergusson, in which he describes the downfall of the Reichsmark in Weimar Germany. A fascinating look at that period of history, one can glean quite a few useful pieces of advice on how to survive a currency crisis.
But "when money dies" could also describe the current currency crisis in Greece, in which many Greeks seem to have taken those lessons from Fergusson's account of the Weimar hyperinflation to heart.
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The below posts were in our 6pm newsletter
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Post Emailed To Recaps
Backdoc & ThunderHawk From KTFA
AD-LIB THE BLUNDERS of SETUPTEMBER and OPTOBER
WITH SALARIES TO BE PAID JUST AROUND THE CORNER OF RAMADAN IN IRAQ, A NEGOTIATED GREXIT ON THE ROCKS ,
AND BILLIONS OF BARRELS OF BLACK GOLD ABOUT TO LEAVE IRAN FOR A NEW WORLD HOME, THE MARKETS WILL BATTLE IT OUT COME SEPTEMBER.
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Post From Wealthwatch.world 7-12-15 Late Night Early Morning Chat
tipsyterror: I have thought that maybe if Iran has joined SWIFT, that means their currency is internationally tradeable?
tipsyterror: not that it has necessarily revalued.
chattels: Afghanistan says US strikes destroy its Islamic State branch By Associated Press
chattels: rudaw.net/english/middlee...
http://rudaw.net/english/middleeast/110720152
TxBrand: www.youtube.com/watch Massive Underground City in Turkey
https://www.youtube.com/watch?v=HWA8pTmy_hk#t=45
chattels: '@TxBrand' very interesting
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Millionday News 7/11/15 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: SO AGAIN - DO NOT DELAY --- ALSO THE NEED FOR ALL IMPORTS TO GO THROUGH CUSTOMS -- EXPORTS AND LICENSING -- SMILE
awesomedtl: WITH KRG SHUTTING DOWN 6000 PROJECTS DUE TO LACK OF MONEY IS THAT GONNA PUT MORE PRESSURE ON THEM TO GET FUNDING GOING AND OPEN BUDGET!? TY VM MILLION
Millionday: ACCORDING TO THE REPORTS THEY ARE IN A HUGE HURRY TO MOVE FORWARD WITH INDUSTRIAL PROJECTS/PRODUCTS ETC
Millionday: THE LACK OF MONEY WAS AND IS DUE TO LACK OF DEVELOPMENT
Millionday: THEY ARE LOOKING FOR HUGE INVESTORS
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