Post From Real Community Engagement
Chat Room Excerpts & Highlights
RCE Wednesday PM Chat 9-14-16 Part 2 of 2
ubiety:In any case, the treasury dept does NOT set currency exchange rates
Dragonfire:Banks cant bring the value of the currency into their financials at any more than the central bank value
sansoucig797:maybe i can leverage my good looks for a letteer of credit w dinar thrown in
ubiety:the banks play off the exchange rate offered around the world and change their "price" according to what they believe they can get and still sell enough to meet quotas
Dragonfire:Only within an allowable range
sansoucig797:either which way they aren't bitibg yet
ubiety:Dragon.... you can be quite sure that 20 pallets of VND is calculated as a part of their balance sheet
sansoucig797:need my glasses
Dragonfire:It would be valued for asset purposes at the central bank rate
ubiety:Just like a safe full of dinar will be counted as a part of yours
sansoucig797:oh that pallet in my barn?
ubiety:You keep your dong in the barn???
sansoucig797:under my meanest mare
sansoucig797:o for god's sake i am kidding
ubiety:heheh.... me too
ubiety:Seemed like a delightful idea. uhhhhh
sansoucig797:get this guy some tequila
ubiety:ok, so no 800 numbers.... we just stay after the banks and hope we catch it when values are up, eh?
sansoucig797:idunno, seems like stay off internet, sit back. watch we will know
Dragonfire:Im sure dinarland will be fully aware if and when the rate changes
sansoucig797:do you really think u will miss it????
sansoucig797:check it daily like weather
Dragonfire:It will have to hit forex to be tradable
sansoucig797:i personally have been sort of bed ridden for 18 mos and it keeps me going
sansoucig797:no no no forex will come immediately after
ubiety:Dragon... you sure seem squarely in the camp which says it will all be a fully public transition with nothing preceding full public knowledge
Dragonfire:A market advantage would lead to other issues
ubiety: Knowing of enormous transactions which are even known to the public, I am still on the fence
sansoucig797:we are a drop in the ocean, pesky sand fleas
ubiety:Dragon.... I hacve a "market advantage" as to the house for sale near me merely because I know of it
ubiety:My point being market advantage of one or more people as to a currency shift is not necessarily illegal
Dragonfire:That is not a market advantage
Dragonfire:Do you have details of the transaction?
ubiety:It COULD be if the property was owned by a corporation using it as collateral for a leveraged buyout and I was informed privately it had slab leaks.
sansoucig797:the internet hype alluded to how important we are. same procedures diff currency no big deal
sansoucig797:could get a deal
Dragonfire:That is just due diligence
ubiety:I certainly agree that the exchange will simply be an exchange. But I still think it's POSSIBLE that one or more persons might have a better understanding of the shifting values
sansoucig797:well yes but for most no
ubiety:As to my house collateral deal.... it could be insider trading if I shorted that stock
ubiety:...based on inside knowledge of the defects with the collateral
sansoucig797:loose lips sink ships
ubiety:Okay... I am asking for someone to give me a couple of days run at the exchange... that's all I ask..
ubiety:and with that.......... I can feel the need for sleep
sansoucig797:police escort and brinks truck as well?
sansoucig797:zzzzzzzzzzzz me too, need that beauty for collateral
ubiety:gentlemen..... drink heartily, but wisely.
Dragonfire:Financial markets have many more regulations than the property market
ubiety: And.... good night.
sansoucig797:errrrr i am a girl
ubiety:Madame.... same advice.
sansoucig797:kidding about the tequila light fun
Dragonfire:Night, see you in court sometime maybe
ubiety:You'd best hope not.
sansoucig797:noooooooo sick of it
sansoucig797:all those powdered wigs
sansoucig797:you r hired
ubiety:Keep that thought. Good talking. Take cares....
Dragonfire:MyRetainer is rather large...lol
sansoucig797:u asked for it
Dragonfire:Dinar,thats worth nothing
sansoucig797:hey i am one of the few fools that went all the way to the supreme court in this state....they were speechless gotta love it
sansoucig797:i want a gen council full time
sansoucig797:i used to. have prob call him and he can deal with it
sansoucig797:nope i will send the complaint to my counsel and he will serve you later