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Dinar Updates Thursday Afternoon Chat 10-06-16 Part 1 of 3
ol lar says():Deletion of zeros from the currency adds a monetary value
October 5, 2016 Walter
The Alojdrb (Bremer) , head of the Iraqi destruction authority when he canceled the Iraqi currency of the former regime end of 2003 to find a coin which reduces the presence of zeros, the fact that the Iraqi economy , the traditional inflation phases exceeded until he reached the edge of collapse, and this procedure is one of the means at hand to handle twice the value of the Iraqi dinar,
according to the monetary and banking law, we have to go back to the basic sources which constitutes a strong factor in restoring confidence to our national currency, which deleted three zeros from Almtadolh currency now put coins and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils) .. which will achieve the following benefits:
ol lar says():1. Ease of circulation and clarity and knowledge of monetary value so easily to foreigners and Hmaaaml assistant on the purchase and deal with and trust the other hand it raises the monetary value against other currencies ..
2. Altfelicat paper perishable and damage, in contrast, the coin is not affected trade and the use and therefore can be manufactured again.
3 for sale . Reduces the cost of Tabaha.az be printed (25) dinars , which will replace the 25 thousand dinars Alnaamhalmtdoualh currency is currently the easiest and quality will be high ..
4. Strengthen and improve the texture by adding elements of the global currency that is not affected by natural factors such as water, and bear scrubs and tear resistance and decay. .
5. Reduce the cost of storage in the banks, because we need to Qasat less and less effort and also the smaller the number of employees by the more control and insurance prohibitively high.
6. Easily transported over long distances and easily provide a high proportion of them safely.
ol lar says():7. . Strong cash currency contribute to strengthening the elements of thenational economy.
8. It provides speed and accuracy in trading in settling accounts. 9. gives theworkers , giving them greater self – confidence.
10. Is the risk of error in the calculation of its simplicity and clarity.
11. This will rebuild global confidence in the banks and increases traded.
12 for sale . Also it provides cash to expand its value against the US dollar, the euro and the EU.
13. The printed specifications make them immune to fraud. There are a lot of countries that embarked on this procedure, including the Turkey even s****ped term ppm to be replaced by a thousand, and can set up amechanism to withdraw the old currency by subtracting the new currency with them and set a time limit to suspend trading Balkadimh record for aperiod of Omayorasth months, in light of that holds the government banks did not place them again in handle even the decay within the period specified ..
ol lar says():* Fahd Antar Dokhi member of the Iraqi economists Association
subgirl says to ol lar():interesting title... :) Deletion of zeros from the currency adds a monetary value
subgirl says to ol lar():thank you for sharing that article :)
ol lar says():love this part
ol lar says():The Alojdrb (Bremer) , head of the Iraqi destruction authority when hecanceled the Iraqi currency of the former regime end of 2003 to find a coin which reduces the presence of zeros, the fact that the Iraqi economy , thetraditional inflation phases exceeded until he reached the edge of collapse,
and this procedure is one of the means at hand to handle twice the value of the Iraqi dinar, according to the monetary and banking law, we have to go back to the basic sources which constitutes a strong factor in restoring confidence to our national currency, which deleted three zeros from Almtadolh currency now put coins and paper dinar parts, including (5, 10, 25, 50, 100, 250 and 500 fils) .. which will achieve the following benefits:
subgirl says to ol lar():WOW That is a great piece!!! :) (y)
subgirl says to ol lar():thank you for bringing it in!!! :)
dinarstudent says to hutch():hey hutch
hutch says to larrykn():YOU DID A GREAT JOB TRYING TO EXPLAIN THAT THE STUFF THAT HOLLY BRINGS IN IS FROM ECONOMIST AND FINANCIAL PEOPLE THERE IN IRAQ.
THERE ARE TIMES THAT THEY ARENT HAPPY AND TIMES THAT THEY ARE EXCITED. MOSTLY EXCITED WHEN IT IS FOR THEIR OWN GOOD. BUT, THEY ARE ONLY VOICING THEIR OPINIONS AS OTHERS DO.
ITS TOUGH JOB THE MODS AND COPIERS HAVE HERE WHEN A PERSON REACTS NEGATIVLY HERE AND IT WILL AFFECT SOOO MANY OTHERS IN THE ROOM. THE OUTLOOK FOR THIS SPECULATIVE INVESTMENT IS INCREDIBLY FANTASTIC. I HOPE THAT EVERYONE REALIZES THAT !
hutch says to dinarstudent():HI THERE CLASSMATE !
dinarstudent says to hutch():please do not rv until the banks open here in oakland park fl lol.. doing well
Elane says():Thanks Hutch... yes I think many are on their last nerve for various reasons.... we need to stay positive as the news IS positive. God bless
larrykn says to hutch():you know I try real hard to bring people the news all the time I'm in here but when people come in here an start whineing due to it hasn't happen or they feel there is some type of delay because they don't like the way one article was put out, gets one to get a little frustrated.
hutch says():THE ISSUE IS THAT WE ARE ALL HUMAN.... WELL... MOST OF US ANYWAY. NOT SURE ABOUT DIGI....
WHEN ONE PERSON COMES IN SPREADING NEGATIVITY.... IT SPREADS FASTER THAN SOMETHING POSITIVE. I HEAR THAT MANY ARE AFRAID TO ASK A QUESTION FOR FEAR THAT THEY WILL BE IN TROUBLE.
ITS JUST A CHAT ROOM... JUST TRY TO THINK OF OTHERS AND WHAT YOUR COMMENT MAY DO TO OTHERS. THATS ALL....
hutch says():YOU DID WELL LARRY AND THANKS ELANE !
clay says to hutch():(y)
larrykn says to hutch():Lower oil prices
10/06/2016 Oil prices fell in futures on Thursday after Saudi Arabia reduced the price of the main Arab Light crude to Asia , but prices are still near their highest levels in more than three months after a drop in US crude inventories.
It was futures trading for WTI US mediator at $ 49.55 a barrel by 0544 GMT , the low 28 cents , or about 0.6 percent from the last adjustment. And it decreased crude futures for International benchmark Brent 28 cents , or about 0.5 percent to $ 51.58 a barrel.
The futures rose to Khaman to their highest levels since June on Wednesday after the US Energy Information Administration said crude inventories fell three million barrels last week to $ 499.74 million barrels. Despite the decline, the stock is still near all -time highs.
Traders noted the operations to profit - taking selling after the price rise recently and said that falling prices on Thursday , reflecting the weakness in the spot market after Saudi Arabia reduced largest oil exporter Arabian light crude to customers Asia in November , signaling that the glut of global fuel supplies remain.
Jeffrey said Haley chief market analyst at Luanda brokerage in Singapore It 's near the price of $ 50 for a barrel of WTI US mediator, the shale oil producers Americans who have spent most of the year , cutting back their production is not profitable because of lower oil prices may begin to restart drilling rigs currently suspended from work .
wickedwitch1 says():I realize higher oil prices are good for the budget of Iraq. What affect do the oil prices have on our investment, if any? I'm hearing higher prices are good, then today lower prices will push for change.
hutch says():JUST DIFFERENT VIEWPOINTS.... IE.. THE HIGHER THE PRICE OVER 43 WILL BE GRAVY FOR THEIR BUDGET. AS FOR LOWER PRICES,.... WHAT TYPE OF CHANGE DO YOU MEAN?
wickedwitch1 says():A change in the monetary value. Sorry I wasn't clear.
hutch says to wickedwitch1():HOW WOULD A CHANGE IN MONETARY VALUE HELP IRAQ IMMEDIATELY IN THEIR BUDGET?
hutch says to wickedwitch1():OIL WILL CHANGE AGAIN TOMORROW....
clay says to hutch():heck 2.39 here today 2 weeks ago was 2.02
hutch says to wickedwitch1():ARE YOU STILL HERE ?
larrykn says to hutch():the budget calls for I believe a $43 pb of oil, anything above that give Iraq more money anything below that level digs into their reserves. so they want Oil to be in the $60 range next year if I recall, I think this Opec meeting will help stablized the price of oil
wickedwitch1 says to hutch():OK...lets try this again. I'm obviously not making sense. I thought oil prices would just affect the budget.
Someone had stated that prices declining would help to push the RV. That didn't make sense to me so I was trying to ask if it had any relevance to the RV.
hutch says to wickedwitch1():THANKS FOR THE REPLY. WHO IS THE SOMEONE? EVERYTHING HAS RELEVANCE. BUT.... OIL CHANGING DAILY DOES NOT.
hutch says to larrykn():CORRECT, THATS HOW I GET IT AS WELL
wickedwitch1 says to hutch():I'll have to look it up. It was a reply to an article on the FB page.
larrykn says to wickedwitch1():to anwser your question , I don't feel the price of oil as anything to do with the RV
1bobby says():If I could add this in regards to the FB community. If you read a comment under a posted article, feel free to inquire as to why that person feels that way. It may be something that he/she is not familiar with and could open the door to a discussion on that subject
hutch says to 1bobby():IVE SEEN SOME DO THAT OVER THERE.
1bobby says to hutch():Makes for a fun time doesn't it :) It's a way we all learn
MrsBGG says to hutch():How's the truck running?
hutch says to 1bobby():HASNT RUN IN 10 DAYS......
larrykn says to 1bobby():gm my friend, yes it does :)
MrsBGG says to hutch():oh no! Bless your heart!
larrykn says to hutch():what happen to the truck
hutch says to MrsBGG():I HAVENT STARTED IT IN 10 DAYS ! LOL :D
MrsBGG says to hutch()::D lol
hutch says to MrsBGG():SEE.... ITS ALL ABOUT TRANSLATION OR INTERPRETATION...... :D