BondLady] im startin to think un didnt have much to do with this banking freeze
dunno for sure

[campdav] luckyintx I believe they are ready, all laws done, trading ready IMO

[BondLady] it goes against every thing we had been told per ch 7
if the eu is removing there banking restrictions

[TheRock] therealbubbie not completely right.. means alot to investors IMO

[BondLady] an it didnt say a word about goin against un sanctions  just said they agreed to remove them  not 1 word about sanctions  an un gonna keep them in ch 7 another yr  from the arts yest what it appeared to be  so really im startin to think ch 7 financial really was removed from them when they gave them bk control of there dfi fund an in charge of there own oil money  bk in 2010  well they wont be soverign  till they are totally out of all sanctions
...
Read More Link On Right
  [BondLady] but  i am starting to feel like the banking restrictions was put on by each country because of ch7 not because they had to be how else could the EU who is in good standing with the un   be able to remove there banking restrictions  see what i mean?

[BondLady] no where did it mention un sanctions when they agreed to remove the bank restrictions

[Mikey] Dec 15, 2010 · The UN Security Council has voted to lift most
 international sanctions imposed on Iraq during the Saddam Hussein era.

[campdav] BondLady I believe u nailed it

[BondLady] right ty mikey

[campdav] Totally makes sense

[BondLady] ok tell me what yall get from this 1

BondLady] Central exclude petroleum products from the calculation of
inflation indicators 06/27/2012 0:00 BAGHDAD - Al Sabah ruled the
Central Bank of petroleum products from oil and gas from the
calculation of indicators of inflation in Iraq, stressing that the
strength of the Iraqi dinar will be able to reduce inflation. Deputy
Governor of the Central Bank of the appearance of Mohammed Saleh: that
the Central Bank excludes petroleum products from oil and gas within
the Department of the fuel as well as for the two sets of fruits and
vegetables sub within the Department of Food and non-alcoholic
beverages, of the indicators of inflation as prices volatile and
unstable that the annual inflation basis is known internationally
pressures spending continued.

Salih stressed that the economic power
of Iraq's financial and of higher bank reserves and balance of
payments surplus of government should be reflected on the strength of
Iraqi dinar, which in turn will be able to reduce inflation in the
country. The Ministry of Planning on 17 of June, the current
indicators of annual inflation for the period of the month of May 2011
until May of this year 2012 had declined by 2 percent, down from 9
percent to 7 percent, pointing out that the low Annual inflation is
due to lower food prices, especially vegetables.

http://www.alsabaah.com/ArticleShow.aspx?ID=30004

 [campdav] How can the IQD decrease inflation?

[BondLady] they sayin hey dont worry about the inflation from this
stuff any more

[lightingcslt] the currency is goona get theier economy up and running
not just oil

[BondLady] cause the strength of the dinar is gonna curb inflation
[BondLady] hows that suposed to happen hmmm?
BondLady] Central Bank excludes petroleum products from oil and gas
within the Department of the fuel as well as for the two sets of
fruits and vegetables sub within the Department of Food and
non-alcoholic beverages, of the indicators of inflation as prices
volatile and unstable that the annual inflation basis is known
internationally pressures spending continued.

[BondLady] internationally pressures
[BondLady] Salih stressed that the economic power of Iraq's financial
and of higher bank reserves and balance of payments surplus of
government should be reflected on the strength of Iraqi dinar
[BondLady] the reserves?

[BondLady] which in turn will be able to reduce inflation in the country  the only way i can see that happenin is they have to set a new rate

BondLady] we saw what 1170 to 1166 did it did NOTHIN really so that dont work just to move it a few pips  we saw that  so it would have to go a lot better than that  if its to curb inflation

lightingcslt] BondLady need another pip to 1000

[campdav] BondLady If he moves it to 1000 to 1 IYO would that be noticable?

[BondLady] yes  an when it hits 1000  then i think thats when he changes monetary policies imo

[lightingcslt] theres our 1 to 1

[BondLady] an lets supply an demand drive it up from there  as we see europe commin in  usa is

[Mr Rockett] Build up the reserves, flood the market with USD to bring
in all the 000 notes from joe Iraqi they can, change the exchange
rate, inact laws to control market prices, exchange USD for IQD at at
least 1-1 if not better so the general public understands their
currency is now worth a lot more.

[BondLady] itll be global soon enuff imo  then heres another an final article to show yall then we
will conclude this chat they got control of there dfi an there oil moneys they  would make in the future but they still had to set aside 5% for reparations  ready for the last 1?

[BondLady] Wednesday June 27, 2012 Economic parliamentary: the balance
will be (300) billion dollars in 2015 BAGHDAD - and babysit - the
Committee's decision favored the parliamentary economic Mahma Khalil,
to inform the budget in 2015 (300) billion dollars, making an urgent
necessity for the application of the deletion of three zeros from the
local currency to reduce the money supply in circulation.

 Khelil said in a press statement that Iraq's economic environment you need to
restructure the local currency by deleting three zeros because of Iraq
on the verge of increasing its revenue from sales of financial and oil
will reach its budget during the next three years to (300) billion
dollars.

He added: This is a large number and difficult work on the
accountants how to distribute money to the paragraphs of the next
budget in addition to the large volume of cash involved and the amount
of (33) trillion dinars, which confuses the economic activity in the
country.

He added, should not be the application of the deletion of
zeros depend on the circumstances Wares of the country as a project
whatever works to repair the structure of the Iraqi currency, calling
for its implementation at the beginning of next year to help transform
the national economy to free market and give real value to the future
of the Iraqi dinar in the region.

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency, which warned him, officials and economists because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming  changes.
http://alrayy.com/54340.htm

BondLady] now show me what yall gain from this 1

[BondLady] 300 billon to start with  not trillon   (300) billion dollars, making an urgent necessity for the application of the deletion of three zeros from the local currency to reduce the money supply in circulation.

[BondLady] Khelil said in a press statement that Iraq's economic
environment you need to restructure the local currency by deleting
three zeros because of Iraq on the verge of increasing its revenue
from sales of financial and oil will reach its budget during the next
three years to (300) billion dollars.

[BondLady] because of Iraq on the verge of increasing its revenue from
sales of financial and oil will reach its budget during the next three
years to (300) billion dollars.

[Mr Rockett] reduce the money supply in circulation is not the amount
of physical bills but the monatary value they will ultimately carry.

[BondLady] because of Iraq on the verge of increasing its revenue from
sales of financial and oil

[cowboy1] interesting stuff, makes it 1-1 it seems

[BondLady] as they said in 2012 later this year they would hit 5 millon bpd oil

[campdav] cowboy1 Correction 3 to 1

[cowboy1] 3 to 1?

[BondLady] He added, should not be the application of the deletion of zeros depend on the circumstances Wares of the country as a project whatever works to repair the structure of the Iraqi currency, calling for its implementation at the beginning of next year to help transform the national economy to free market and give real value to the future of the Iraqi dinar in the region.

[BondLady] calling for its implementation at the beginning of next year to help transform the national economy to free market and give real value to the future of the Iraqi dinar in the region. ] to help transform the national economy to free market and give real value to the future of the Iraqi dinar in the region.

[BondLady] and give real value to the future of the Iraqi dinar in the region.

[BondLady] The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency, which warned him, officials and economists because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming changes.  because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming changes.

BondLady] in the light of the upcoming changes.
[BondLady] thats its gonna be worth a lot more than it is

[campdav] Who in their right mind would print this currency that is useless?

[BondLady] yup

[campdav] Blows my mind

[BondLady] why did they counterfit the 25k an the 10 k iqd  cause it had the most value  why would they wanna counterfit a 1,5,10 iqd?    hmmm  just because it only redenominated???  i dont think so ] its because it has greater value imo

[campdav] Counterfieters smarter than us

[BondLady] nope they not we see whats commin  so do they  crooks over there always do an looks out for ways tomake money off of things such as this

[campdav] That criminal mind is a mystery in some ways

[BondLady] they say itll be impossible  but they can still do it  not all merchants will ck for all the security features  an will be sucked in an lose from it  thats goin to happen  even banks have took these notes an gave them out in change ] the banks wont do that on the ld's imo  because of the new features  an all the dela rue machines that were bought by the cbi

[campdav] They now can ck the 25,000 & 10,000 notes

[BondLady] anywhos any 1 else wanna add any thing more to this chat

before we print it  ty all who participated

 


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