Post From KTFA By FrostyTheSnowman » April 16th, 2015, 2:20 am • Part 1
KTFA SPECIAL WEDNESDAY NIGHT CC 15 April 2015
** The comments made by Frank26, Delta, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! **
PLAYBACK LINK: https://www.freeconferencecallhd.com/playback.html?n=OTQCw/jhrVC
FRANK: TopShelf and Delta will both be joining us tonight
Please get your notes out. It’s been about a three part sequence [Mon, Tue and Wed CC’s]
TopShelf looks at the spreadsheet of the CBI, and he has the ability to really understand spreadsheets.
TOPSHELF: Some of what I’m sharing is on the 50’s and 100’s.
DELTA: How are you doing today!!?
FRANK: Go right ahead …
TOPSHELF: Last night we talked about the reduction of notes and removal of the zeros.
It was very interesting today that articles are appearing.
They are talking about what we talked about last night.
If you look at the numbers on the spreadsheet (even the ones that you can’t see) … if you are convinced that the removal of the zeros, or the “notes” or “note count” – do not let the words fool you!
Reducing the amount of notes does nothing to raise the value of the dinar.
The removal the actual dinars out of circulation that affects the value of the dinar.
In other words, what you are seeing in articles now … is it been vague … and now it is narrowing down.
The numbers are showing. Let me use the 10,000 note for an example.
If you think they’re bring in 10,000 notes to reduce the note count … that’s no different than removing ten-thousand “1-dinar” notes.
It does absolutely nothing.
People need to understand that what raises the value is removing the dinar out of circulation.
By removing it out of circulation … it brings more value to the dinar.
The other thing they are doing is … (which I’m sure that Delta probably has a little for us on) … is if you bring in and take currency out of circulation … within inside of a monetary system … I’m talking about the Federal Reserve … I’ve been there physically and seen it.
Seeing what they do with the machines that pull out the notes that are damaged or torn or counterfeit … they remove it.
If it’s counterfeit, they remove it … just like it was never put in. So it’s just documented and then disposed.
If it’s a damaged bill, they can remove it from the note count.
If they don’t put something back in … then the note count … the value actually goes up … because the note count went down.
So it would be very, very much in the CBI’s and GOI’s interest to know that the note count … <sorry, audio static>
They have a couple of tasks that they are accomplishing and have accomplished.
They are reducing the big 3 zero notes – (because they’re able to put in lower denoms without affecting and devaluing the value of the dinar – which would be counterproductive – if they just throw it in. This is what you would do to see the value not decrease … but increase.
Also if the value increases in the dinar your less likely to have the larger notes in circulation.
With the value going up … that currency wouldn’t have a place in the everyday business in retail <sorry, audio static> … citizens of Iraq … even so digitally.
It’s very ironic that also that news articles came out … overnight … about the <sorry, audio static again> of the USD and Iraq.
Everyone understands they are going to have a US dollar. They may need it one day, and may not need it the next day.
But you have to understand what the mechanism that it is and what it is doing for the CBI … which is for the people of Iraq … and the monetary and economic policy of that country.
It is kept as foreign currency in the country of Iraq on the CBI website … in the spreadsheet.
It plays a big role … if it’s backed by an asset … as in gold.
It substantiates the fact that the dinar is backed by an asset.
If they dinar is backed by an asset … it becomes a donor - reserve currency that now … by the banking system … you are allowed to put on the balance sheet – to give your country … that holds the currency VALUE!
We seem to be going over a 24-72 hour window … when we go over something … and then it shows up.
The tool that they’re using right now … (the USD) … with the 1st auction that’s taken place in quite some time … what it’s telling you … is that something is happening. ;)
We have not … according the BIS regulations for Central Banks … we have not gone away from anything that is in place … Basel III … right now. We’ll know what new procedures are as we get down the road.
These changes that have been active now for a short period of time … there are certain reason why Iraq is still holding USD and why they would bring in USD.
You have to think a little more past the “myths” and the “conspiracy” of everything that is being spewed-out there in dinar world.
There is more monetary and economic transactions that are taking place that is beneficial to the countries (the GOI and citizens and CBI) and any other “support agency” that is involved – from the World Trade Organization, World Bank … and even the BRICS and the AIIB.
The changes they are trying to implement will come in time … whatever that will be.
What is being laid out … and in the press … and in the procedures and the rules … that is very straight forward.
Sometimes the people writing the articles (or giving their opinion) – may not actually know what they’re really trying to say to you.
It’s interesting to read … the newshounds that put out articles … that is a very big part of you becoming educated … but you’ve got to reconcile it. Just like the CBI is reconciling the torn notes, the USD, the 3 zeros.
The 3 zeros can mean three different things … and depending on what topic you are using that for … it can be one of three things.
Delta … I’m curious to see what you and your team know.
DELTA: Family … I’d like to give you the report about the 50 dinar and the 100 dinar.
I can see that some of you are confused … so I’d like to give you the full report.
Remember last week … about the reporters who got the financial news on the Iraqi TV … when he stated that within 2 weeks we should see the Iraqi dinar value very close to a dollar. He also said that there was an “EXPECTATION” for that to come through.
We like to bring you the message/information – just as we hear it.
Of course no one knows the exact date/rate … except the executive board of the CBI.
About 2 days later we got an article back again … <sorry, audio breaks up again> … that they were going to come with the 50 and the 100 dinars in the coming days. Of course in Iraq, when they say two days … it doesn’t exactly mean that. But we were all excited … because we basically know that everything is done.
Another article came out about the 50,000 dinar and the 100,000 dinar … and again … some of you are confused.
Just to let you know … I’m going to post something up tonight on the KTFA forum … and ARTICLE … dating back to 2012 from BANKNOTE that talks about the Iraqi government / CBI is coming out with a 50,000 worth … but marked a 50 dinar. I don’t know how many people remember that.
So … what was the intention of the CBI? The intention of the CBI was to drop and lift the 3 zero notes.
For them to come up with 50,000 dinars and 100,000 dinars doesn’t make any sense!
You have to go back again and think about that.
What was the plan of the CBI?
They want to introduce the 50 … the 100 … the 200 dinar notes and of course the coins – which they are going to have about 7 coins … to be introduced gradually – so not to add confusion to the market.
Now in this article … they came out and said SECURITY … that they would issue coins worth 50,000 … now this is the part you need to pay attention too!!!
They are talking about the denomination or the note that is going to come out would be worth 50,000 dinar.
But we all know it’s not going to be the 50,000 dinars because they already have 25,000 dinar notes … so why come up with 50,000 dinar notes when they already have 25,000 notes? [Obviously] the two 25,000 would equal a 50,000 note.
Very important statement in this  article … if you go back and re-read it again
Comments may be made at the end of Part 2 Thank You