Frank26: I don’t know how long it will take to get Mosul…but I do know that Mosul will manifest the Monetary Policy…and I love the fact that it is slowly coming about IMO.
Let me give you an example….you can see this by the way if you want to, it is post 4 on today’s thread….”Banking Reform the Beginning of Economic Revival”…….they are doing something with the banks of Iraq that is causing them to restart….to kick in….to regenerate….could it be a Transitional Rate…..
”Iraq Needs a Well Developed Banking System”….they need to develop their skills in accordance with the international banking standards and Basil III….why….did you guys do something that you haven’t told us….because you don’t need these things for a program rate…that is like giving keys to a convict while he is wearing handcuffs….why would you set them free and ask for these things for their banking structure.
“They are Preparing a Five Year Development Plan in Cooperation with Their Government, Private Sectors and Banks”……you don’t have any liquidity….what are you guys doing…..they are buying insurance for all these banks to insure their depositors so when they come their money will be well secured….well who cares for toilet paper….they don’t even bring it into the banks….what is going on that is so obvious.
You can see all of these articles that WalkingStick put out…they are pretty darn good….and they make you think….they put up a red flag….they are doing an about face…a complete facelift….they are changing everything that is in accordance with their currency….and now they are going to be rewarded with a second loan….we need to be told why….and I believe we will be….probably sometime….well what did the article say….within ten days…and then I said probably less than that.
I told you at the beginning of this conference call that there is a plan and the IMF wrote it….not Iraq….and that plan is being followed step by step by step right now….it is almost as if there is a big wall called Mosul…and on the other side of the wall is all these numbers and transactions and all this accounting and this Transitional Rate going on….and on the other side of the wall is us….the battle of Mosul is tearing down that wall Family….and the program they are following is exactly….I mean to the “T”….to the letter….exactly, precisely what they were asked to do by the IMF.
If you want to find these articles that I am about to reference you can find them on yesterday’s thread where WalkingStick put them up…LINK TO ARTICLES .I want you to kick back and listen to this….because I asked WalkingStick…I said sir can you do me a favor…yeah what do you need buddy….sir I need for you to help the Family to understand what it is that the IMF did with Iraq in accordance with their Monetary Policy…in accordance with their Monetary Reform….well that goes back to about 2011….
I asked him how many articles he has….he said I don’t know….he has every article that was ever printed….he makes a copy in case the link is destroyed….we have every article that was printed in accordance with our Monetary Reform.
Now the reason I’m doing this is I want to take your hand and take you back in time to when this all started because to me this is the closure of what we started a long time ago.
“Iraq Said to be Planning Currency Overhaul Redenomination”….now this is June 24, 2011….listen….Iraq says we are planning a currency overhaul redenomination….you are….well yes in accordance with the IMF and what we have been talking with them….we have larger bank note denominations of the dinar…..and they would be issued to simplify major transactions….well they did that….you know the 50…they were going to do the 100 but they stopped those…..the 50 was more than enough….
What else does this 2011 article say…..and we added that the large denominations equivalent to around 100 would be issued to simplify major purchases and the new coins and LD’s would be introduced for smaller transactions…..there it is again the 50 and the 100’s were projected to take care of the larger transactions….do you see the 50’s….do you see the 100’s….they are on the other side of that wall with the Transitional Rate….and in the same sentence they would be releasing coins and the LD’s for smaller transactions….
Do you see those…they are on this side of the wall waiting on 2017 to come in….because they are going to raise the rate IMO this year in order for those LD’s to have any possibility of functioning in the hands of Iraqi citizens giving them purchasing power….for the commodities that are flooding this country….this virginal country….that whatever company right now that is doing this is going to make a whole lot of money….
I would bet you anything that all of the companies inside of Iraq patiently waiting to do business with them on an international level….that have their claws into the country….at whatever cost….I bet you anything…this is my opinion…..I’ll bet you those companies don’t have one single dinar invested….they took all their money…all their capital….they took all their money into Iraq and converted them into dinars so they have dinars in that sense…but you know what I am saying….like Hillary…she invested in the oil refineries….I don’t know if she has dinars or not…but IMO she doesn’t need to have any….
Do you know why….because the companies that are going to make the money they are the fuel to the Iraqi dinar to what the Iraqi dinar will become valued at….you and I are invested that way….wouldn’t you rather be invested in one of those companies….I mean they are going to sell beans and rice and flour and corn and sugar and other commodities…and you as the company who is providing it do you realize they eat it and then on the following day they need it again and again and again….
Now do you see why they stood in that long line forever….they don’t care about dinars….Susie Homemaker bought dinars….Joe Factorworker bought dinars…and I suppose a lot of investors that knew what to do…this is amazing and it is from 2011….then it says….in the long term Saleh the Financial Advisor to Abadi says we are going to redenominated and what we are needing to do is within the 000’s we are going to be dropping them so the 25,000 dinar note currently the largest denomination will become a 25 dinar note….that is a 1 to 1 and he is talking about in country.
This is their plan….with the IMF…that is manifesting itself IMO right before our eyes or on the other side of that wall called Mosul…and there is still more….Saleh says….the monetary restrictions plan was drawn up with the help of foreign experts and financial institutions including the IMF….really…yeah…and we’ve been a member of the IMF since 1945 says Saleh….really…this is your plan….oh yeah we are restructuring….we are going through a Monetary Reform right now…and we did this with the foreign experts and the IMF….didn’t I tell you with other institutions and the IMF….Family they are doing the Monetary Reform right before your eyes.
Here is another article in the group that WalkingStick released to you today….this is from January 25, 2015….”The Opportunity Raise the Value of the Iraqi Dinar is Now”….really….yeah…what else….the dinar has seen remarkable stability without high in purchasing power…now what that means is that at a program rate our currency has been stable for many years….
How can you say such a thing….let’s keep reading….now is the chance…despite difficult circumstances to achieve the productive sector as stated in the government program encouraging the private sectors….so now you guys are doing something with the Economic Reform….you are doing something with private sectors….are companies in your country doing deals with companies outside of Iraq with your currency at whatever rate you are doing this to bring in things commodities and goods….is this what this is saying….yeah…
Ok because it sure looks like it….the citizens believe we will achieve an increase in oil production to insure a major boost for dinars…what did I tell you family…the $37 would go to $60 then to $120 and back to $60 right around the time they don’t need this anymore….but right now it is achieving its goals….the citizens know the oil production is to insure a major boost for the dinar….well shut the front and back doors…this is exactly what they are doing right in front of our eyes…
What else can you tell me….well the activation of the private sector is coming because it possesses freedom in the administration and in the money that is being taken away by bureaucracy…wait a minute….so in 2015 in January…you guys knew that your government…your people were stealing money…well yeah…and you feel that you have Stability and Security back now…well yeah all of 2016 we have been working with The Plan…you mean with the IMF, the US, and the UST….yeah The Plan…
What else can you tell me….well the Central Bank was able through the implementation of a successful financial policy in recent years and we have contributed a lot of stability of the market and this is and this has led the role in the improvement of the exchange rate….hold on….Stability and you admitted it throughout the last few years and it is going to improve your exchange rate….well yeah because that is The Plan…it is right in front of our eyes…yeah…..this is amazing….
The Central Bank was actually able to implement a successful policy…really…it is on the other side of that wall…throughout the years and it has contributed to the stability of the markets….no kidding…that is why they are all in the Long Line waiting for you…and it has led to the role that is going to improve the exchange rate…I know…and it seems like you guys have started already with this beautiful plan…what else can you tell me….
Well with economics in transitional funds…what…stop…stop…you telling me….you asked me to read what else was in this article from 2015…I know…but read it again and read it slowly…well with economics in transitional funds….oh….you mean transitional rate….with economies in transitional funds implementation of the currency controls to stabilize the economy during the resurrection phase which is right now….continuing with this article….
Iraq is in possession of expertise and economic efficiencies in homes experienced enough for taking the lead and the initial self-reliance for the development of the economy through reform development programs and policies…that is the Monetary Policy that encompasses the Economic and Monetary Reforms….I told you they both need each other….”Several factors confirm the possibility of the high value of the dinar against the dollar”….what do you think those factors are….”and the presence of a great desire for foreign investors buying the Iraqi dinar in addition to having the excellent cash reserves which covers the local currency as well as the dinar currency traded publicly in the global currency markets”….yeah.
Family I don’t know how much plainer….how much clearer this can get…this is exactly what they wanted to do six or seven years ago when they drew it up….last year they talked about it….last year at the end of the year in December they went to them and said junior come here….enough…now it is time to do The Plan…in 2016 you literally see them becoming international….
Now look at them….terrorism and corruption is leaving…and SS is what is allowing the Monetary Reform to come forward…the Stability and the Security….inside the GOI…inside the CBI….and in the meantime the CBI is like….oh look at that beautiful blue sky up there…and they better keep that way….because if they even get a hint….if there is ever even a suggestion they know what is going on over the wall with the Transitional Rate transactions…they would have to make it public….
But as long as they don’t tell anything to the CBI or run anything through the CBI….or not even interfere with their books or stay with the other books…good gosh almighty….the CBI can act dumb until they are ready for their part…..what would that be….one day you wake up and look at the CBI website and the program rate is gone….what else can you tell me….
Well on April 15th….you know about three months after this last article….we did announce to the world that we are going to cancel the 000’s of the Iraqi currency project and it comes to restructure and to reduce the currency in circulation….you’ve done that haven’ you…yeah pretty much….what else do you have to tell me….well the purpose is to reduce the process of de-dollarization in the market this time to maintain the dominance of the Iraqi dinar and make it the most heavily traded in the markets….at a program rate….
Well according to our plan no we have reduced the de-dollarization….you mean what the UST did when they took over your auctions….yeah….and you feel your currency is going to be the most heavily traded in the free market….yeah….not at a program rate…well no….because….”Confusion that has increased the demand for the dollar and the lack of pumping of dinars in large quantities has been controlled”….you son of a gun…you are doing everything that the IMF wanted you to do….and so is the GOI
Frank….hey CBI is there anything more that you can tell me….well I would rather not tell you anything more about 2016 because it was defined to you very clearly what we have already told you we are going to do at the beginning of 2017 with our currency.
Would you like to go back in a time a little more….sure Frank…pick a year…how about 2013….June 7th….what did you say CBI….well we are calling for the Central Bank to officially delete the 000’s from the Iraqi currency….the CBI needs to delete the 000’s from the currency itself….indicating that the grounds for this action is now available since we have exited from Chapter 7….unbelievable…and people only want a date and rate….what else can you tell me from this article….
Well we talked to the committees and we talked and the IMF and the CBI is going to start a restructuring of the currency being a purely economic issue and the Iraqi economy is expected to benefit from the ventures that we are now out of Chapter 7….now that would be a good idea wouldn’t it….yes it would because….”Iraq’s Constitution between the need to change the deletion of the 000’s from the currency as required by the economic situation of Iraq for the benefit of the Iraqi people…..and that is what you are doing with a Transitional Rate aren’t you….let me finish the article by this….
The CBI strategy of deleting the 000’s from the currency exchange will be at the beginning of a new year and a new budget for the Iraqi state….are you talking at the beginning of 2017….well this is the year of 2013 Frank….never mind.
I don’t know what else to tell you Family….so whatever they are doing…whatever this plan is out there…gosh almighty…it is impressive….the Monetary Policy is kicking in with the Economic Reform of these loans…the Monetary Policy is kicking in the Monetary Reform IMO with the things they are doing and the evidence being shown with these ships that are piling up at the harbors.
It is a bloody scene but they can’t win this battle…and like I told you on Monday Mosul does not have to be completed….in order for what….”to reach the real results within the following actions in the Standby Agreements with the IMF”….I know that is why you are giving them the loan…it seems like nanoseconds after they decided 3:03 am Sunday morning it seems to me this Monetary Policy was kicked into full speed
Allow me to repeat what I said on Monday….the start of Mosul IMO equals the end of Mosul….which equals the Stability and Security of the GOI, the CBI and the country of Iraq….which equals many moving parts….which are all under the umbrella of the Monetary Policy which encompass the Economic and Financial Reforms…..which equals a Transitional Rate that IMO is being used to bring in commodities….a Transitional Rate that is moving maybe from 1000 to 1 to 1 to 1 as they themselves bragged to add purchasing power to the Iraqi dinar in country for the citizens to be able buy the commodities that are flooding this nation….which equal international markets rate of the dinar which would equal a float by a plethora of hungry investors that want so badly to get their hands on the Iraqi dinar.
I’m going to ask you to pray for me and our TEAMS for our understanding.
Dismissed with a prayer.