Walkingstick: There are roughly 140+ articles relating to the removal of the 3 zeros
Tim: gm family, hope you all had a wonderful day yesterday with your family and friends. frankie i have a question for you sir. do you think they will have a quorum for saturdays session of ruling on the budget tommorow? have a blessed day everyone and watch out for those mobs at the stores lol
Frank26: Very Good Question TIM. Here is my Plan for today.
i do not wish to gather my TEAMS today for TWO reasons :
1.) The holidays ............ Want to leave their Family time alone.
2.) IMO ............... The Budget info as i said on M's CC is developing TODAY on the 25th then after the 26th .......... They may tell us or wait till early December on the vote and direction of numbers. Remember .......... NEWS is scarce on FRIDAY's ............ With purpose.
Aloha Friday \m/
Frank26: BTW FAMILY .......... THREE ZERO TALK is a Momentum ........ A Cause in Iraq.
For example ............. Why so much talk about Hilary vs Trump in 2016?
Because a Presidential Election was .................. Coming.
Why no more talk about H vs T anymore ?
Because the Presidential Election is ................... Over.
Why SO MANY THREE ZERO ARTICLES TALKING about LIFTING THE THREE ZEROS in 2016 ?
Because in 2017........................ LD's are coming.
Roger .............. OVER and OUT.
Don961: Ok ...Was just studying Article # 4 again .... this part ...
" The solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption. ....."
In other words , not just removing the 3 zero notes from circulation .... or floating the dinar .... but substituting brand new , lower denominated currency .... and giving it value .... on a par with or greater than the USD .... stabilizing the monetary system ....
Wonder if the new lower denoms are made of polymer .... like Vietnamese Dong and other newer currencies ..... We know from Frank and Friends and our KTFA studies .... they are just around the corner ... IMO
Don061: Here's an article from the archives ... remembered seeing in early July of this year
Upgrading of Iraqi currency
Date: July 9, 2016
Special - NEN Iraq Author - Ahmad Salami
- Dinar plastic (polymer)
- Restructuring of the Iraqi currency
- Re-evaluate the value of the dinar
- Iraqi dinar (polymer):
1.eetm the use of plastic money and made of material plastic polymer high-efficiency rather than paper made from cotton material and paper used in the money industry today and that are exposed to rapid deterioration use life short and the movement of disease transition and endemic and infectious bunches bacterial with it and move on to people when you touch Kalmndel infested.
2. plastic money outlive most of its peers paper twice a number of years and do not affect the high temperatures and humidity, water, dyes, crushing and does not allow the formation of clusters of bacterial Ovairoseh.
3. plastic money security features very high degree forgery make it almost impossible to 99.9%.
4. plastic money can be recycled after it is damaged and the use of new raw materials reduces costs to a very high percentage Unlike paper that Taathra and lose parts and comes with stickers or dyes, which burned and then buried. Nor used as the raw material.
5.alncod plastic as far as being the most evolved its industry costs less than the cost of paper-based counterparts.
6.dol world began a gradual transition to plastic money instead of paper and the first Arab state of Kuwait is applied to the new currency system.
- Of Iraqi cash reserves of $ 53 billion for the year 2016
- Iraq has reserves of 90 tons of gold
.. This is the cover of the Iraqi dinar.
-hiklh Iraqi currency:
- It must be the value of the Iraqi dinar to reflect the value of this financial cover
- And who is currently (1118) dinars to one US dollar
(According to the Central Bank of the price, of course), a very low value of digitally ..
Make it difficult to deal externally Dinars let alone inside Iraq.
Iraq needs to restructure its currency (Iraqi dinar):
1. Delete the zeros phantom inflation inherited from the siege and war ..
2. Be the dollar value of 1 is equal to 1 dinar and 118 fils.
3.eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.
Re-evaluate the value of the dinar:
Iraqi dinar code globally DI, and Fils F
1. The re-evaluation of the Iraqi dinar, where every dinar equivalent of 100 fils and not in 1000 and make every penny is composed of 10 monetary units smaller name (NIS or rail) ..
And that each 1 $ = 1 DI and 18 fils.
(Shekel unit calibration Sumerian worked for in Ur and Uruk like kilogram in the present day)
2. production units metal younger groups most heavily for many Astkhamat payment and collection of taxes and fees and the rapid public attitudes and privacy, public transport, ATM and Lafrath in the markets)
It produces metal categories:
- AED 10 fils
- Quarter of a dinar 25 fils
- Half KD 50 fils
-danar 1 and is equal to 100 fils, as well as the issuance of paper has increased by only 20%.
If the improvement in the Iraqi economy, industrial and agricultural sectors, tourism and housing via the investment
Add categories are less fils are 1 and 2 fils and 5 fils future ...
3. paper categories plastic polymer made of plastic resistant to damage and bacteria and fraud, namely:
-1 Dinars only 20% paper and 80 metal
100 dinars limited trading major category of banking transactions and large international investment and business deals
Are forcing banks to deploy ATMs in every province and spend according to the market and the population density and the development of piggy banks levy metal sheet positions to collect mineral groups service fees compared to the corner the whole car managed .. The introduction of credit card banks of digital cash.
Faithprevails: Post 167 we have studied that our currency we have will be good for 10 years but if they print new with real value could that make our currency have no value.
Stranger: Faith,I believe the CBI governor said the old 3-zero's would run side by side with the newly printed currency for 10 years....
Don961: When the US took their 3 zero notes out of circulation ....
"On July 14, 1969, the Federal Reserve and the U.S. Department of the Treasury announced that banknotes in denominations of $500, $1,000, $5,000, and $10,000 would be discontinued due to lack of use. Although they were issued until 1969, they were last printed in 1945.
Those notes had value .... but were not being used very much .... so they were discontinued ...and were destroyed as they came into the banks .... but if you should still have some , they still have retained their face value .... but probably more so as collector's items ...
We did not have to reinstate a value to our currency of course ... so Iraq is different in that respect ... but legal tender is legal tender ... what we have in our possession is the legal tender of Iraq ... why would it suddenly have no value ? ...
Catallina: 109 Central Banks are hydrated
Tbirdd : including in usa?
Catallina: I have been in contact with three banks...one international. They want to exchange the Zim. So, WF is not the only bank involved with the redemption of the Zim.
All three banks are planning to redeem the Zim at face value.
Chuckyboy: Catalina at what rate
Catallina: I do not want to discuss rates
Chuckyboy: Catalina, do you know if we get 800's today or tonight
Catallina: If we do not have an 800# by tonight, I would suggest making contact directly with your bank starting Monday, as some banks have scheduled appointments starting Nov. 29.
I was told to be on standby between Nov. 29 and Dec. 1.
Chuckyboy: So they won't be taking appointments for Saturday if the numbers come out today?
Catallina: I know of more than 200 in a group told to standby for bank appointment. They are all independent currency holders, but all know each other.
Crimsontide: Catalina, i have heard things happening in reno again, what do u think
Chuckyboy: Catalina did anything get delayed as we were hoping for thanksgiving day
Catallina: Yes, I would like to clarify my remarks regarding banks contacts.
Only make contact with a bank if you have had a previous conversation with someone there regarding the CE. I believe that the banks will be redeeming some individuals prior to the 800# being released.
Nwmontana: Yep...I have heard that too Catalina : )
Catallina: Chuckyboy: I stated in my previous Intel that the banks wanted to bring people in after Thanksgiving. I believe the banks will start the flow of redemption slowly at first...to avoid chaos and make sure their employees are handling the CE's properly. Seems logical to me. We do know the central banks are ready now.
I will leave now...and only return if I have more solid Intel for the room. Thank you, Admin Bill.
ADMINBILL: TO FURTHER CLARIFY CATALLINA'S COMMENTS AND TO RE-ENFORCE THE POSITION OF WSOMN DO NOT CALL BANKS OR BANKERS UNLESS YOU HAVE A PERSONAL RELATIONSHIP WITH A BANKER OR WEALTH MANAGER.
I REPEAT DO NOT CALL BANKS. THANKS CATALLINA
MOST PEOPLE PROVIDING INFORMATION ARE GENUINE AND ARE TRYING TO PROVIDE HOPE BASED UPON WHAT THEY ARE HEARING.
I HAVE TALKED TO CATALLINA AND FOUND THAT THE INFORMATION PROVIDED IS BASED UPON GOOD SOURCES.
WHETHER THEY ARE REAL WILL BE DETERMINED ON DECEMBER 1ST.