2Cents: hope this post helps many. I wanted to revisit the post of WS (walkingstick) as it seems there is still confusion here. It always bothers me as the underlying fundamentals of this "investment" are so sound. It is the confusion that always blurs the facts. WS posted:
ftti: 12 ------> 9 .. Trillions to Billions .... RD coupled with RV ... moving forward -----> RI ... Follow, the Turkmenistan model..
IMO, he is saying exactly what I have previously posted. We are waiting for the next step, taking their currency from trillions to billions just as they have said they will do.....this is the Redenomination (RD) just as they said they would do....the caveat here is that they MUST change the rate significantly in order to make the new redenominated currency functional (coupled with RV)...think about it,
1 IQD is valued currently at less than 1/10th of a penny and they plan on bringing out fils down to 1/40th of an IQD. Ask yourself why they have not yet even released the 250 and 500 they told us they were going to release with the new 1,000. At the current rate, they would have to carry 100's of them just to amount to anything.
This would cause them to be ripped, torn dilapidated quickly. Look at some of the pics that DELTA brought of the condition of some of the new 1000's already.
New U.S. Currency Already in Our Money Supply Part 2 of 2
By Anonymous Patriots SOTN Exclusive
Flood-Fire-Flood on Water Street, NYC, 2009
About 40 trillion worth of stock and bond certificates held in an underground Manhattan vault owned by the Depository Trust & Clearing Corporation were damaged by flooding in Hurricane Sandy in November 2012.
The New York-based company DTCC processes transactions in U.S. equities and government, municipal and corporate bonds. The 40-year-old vault was submerged when the Atlantic Ocean’s largest tropical storm on record slammed New York City.
By Anonymous Patriots SOTN Exclusive
For those of you that are stressing about the collapse of the U.S. dollar and the Federal Reserve, please take faith that initial measures have been taken to insure a not-so-hard landing when the Federal Reserve Note will be retired out of circulation, being replaced by notes printed and backed solely by the U.S. Treasury.
If you have been putting your money under the mattress for the last few years, you will want to take the time to read this article so that you can replace the old fiat currency of the Federal Reserve Note (FRN) with new currency.
We believe that those who do not start taking action will find in the near future that their fiat currency is unredeemable. This is particularly true of the billions of dollars that are held in cash outside of the United States, most of which will not be redeemable once the transition is made.
Samson: Al-Rafidain releases the salaries of local employees through MasterCard
22nd November, 2018
Al-Rafidain Bank on Thursday launched a new meal from the salaries of employees of the State Departments, which ranged between five and ten million dinars through the MasterCard card International
The bank's information office said in a statement received by "Economy News" that "a new batch of advances of State Department employees has been disbursed to more than 1,184 employees whose salaries were settled at the bank and obtained the electronic card
The statement said that "the payment of this advance was by informing the employee by sending him a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which have been filled with the financial balance