The Snod wrote on August 14th, 2013, 8:31 am:It seems like we r in "prep" right now for next month...:)
Post By Frank26 » August 14th, 2013, 10:00 am • [Post 202] Yes. You understood. Yet some found themselves confused with our CC last night.
Confusion about a RATE of .86 and a DATE of September. Fascinating.
It does not matter what I say nor do .............. This dinar investment blinds too many.
I pray ..... My way .... For everyone ......... Always.
TY SNOD ........... For helping to answer poster's qts....... :handshake3: C U on our last Wednesday CC in 9.......... Aloha. KTFA, Frank
Read More Link On Right
Post By mryantodd » August 14th, 2013, 10:16 am • [Post 206] Some random thoughts about what I've seen / heard over the past couple of days.
- First of all, everyone that posts on the forum or speaks on the CC's is human
- Secondly, humans are NOT perfect
- That being said, we each have a lens that we look through when evaluating a situation and the lens has filters based on what we have experienced in life, what we have learned, what we believe, and who we trust.
- Some of us rely on data. This is information that can be verified (preferably through multiple sources) and tracked back to a source of information that is reliable and objective.
Others rely on personal relationships and build a network of trusted experts on a topic to help inform us (no links available for this information, but that doesn't take away from the quality of the information). Still others prioritize their faith above all else (no links necessary here).
Finally, there are those that use all available sources to form an opinion. These people seek reliable data, utilize experts to help form opinions and trust that God is in control.
- The beauty of this forum is that all types are welcomed and appreciated. We get data from the Newshounds, expert opinion from the likes of Eagle1, Delta, and Bluestar and a whole buncha faith in our Lord. Frank is one of the rare types that puts it all together and then takes it to God for enlightenment.
- I know many people are struggling right now and some have been in this situation for a long time. I can't offer any relief to your situation, but hope that you understand how each contributor here at KTFA provides us all with their perspective through the lens of their lives.
When the answers we seek are truly unknowns, all we can do is continue to educate ourselves, prepare for what may / may not happen in the best way that we can, and yes.... stay grounded in your faith because that is the one constant that will never disappoint any of us. Frank has called his forum KTFA for a reason. It's not even related to the dinar, but is completely and perfectly focused on what is most important to every one of us.
Blessing to you all and please let go of your confusion. The various opinions, estimates, predictions and time frames we are exposed to are only possible outcomes regarding a great unknown.
They are not wrong or contradictory, they only present a variety of perspectives for consideration. I have a great deal of respect for all of the contributors here and appreciate the countless hours of study, preparation and thought that goes into each and every post. Have a great day today. MRT
goldenboy wrote on August 14th, 2013, 9:20 am:
As I look back at the years invested here and in the dinar, I ponder about who is right and who is full of it. When articles are brought forward, there is a link to tie it to. When opinions are brought forward, the only thing that you can tie that to is the person or persons who brought it.
If that is the case, look deeper at where the information came from and what could be the gain to the person who is bringing forth the opinions and info.
That being said, IMO, there is is split in the meetings of the minds. Nova and Eagle1 seem to think the rv is out of Iraq's hands and we are just waiting on the world banking systems to all synchronize.
On the other hand, Frank and Delta seem to think that Iraq is in control and they will do it when they get ready.
Now , compare the motives of the two different opinions.
If I am wrong about where the two sides are on this, then maybe Frank can clear the air about the confusion tonight. However, if I am right nothing more will be said except validating statements to back up the above opinions.
As far as motives, God only knows. I will say that it seems that all the gurus in the dinar world are all running out of things to say. Hopefully, for good reason and we will be in Hawaii by Thanksgiving. God Bless!
Post By LoveThisFamily » August 14th, 2013, 10:32 am • [Post 213] Yes. I find I cannot reconcile Mondays information from E1 with Tuesdays information from Delta. I respect and trust them both. Sooooo....we will just wait and see. And ether way, we are blessed.
Post By Dinar5 » August 14th, 2013, 10:35 am • [Post 215] Ok so we heard it here at KTFA Rate is .86 Date is 1-31 of September.. I will forever remember this post
Post By 2prophttess » August 14th, 2013, 12:13 pm • [Post 252] I am not confused and think that both Delta's and Eagle1s information is not only good but very valid and a huge blessing (along with Frank's). Eagle1 has been saying to hold on to your Dinars and use another currency in the beginning of the RV/RD.
The Forex market is a different animal. There is no central regulation or over sight like the SEC with the US stock market. (However SEC are probably at least some what corrupt).
Now that the Central Bankers (cartel) have purchased the Forex main hubs, they control it. They must have volatility in order for them to make the most money. My analogy is that its like musical chairs, who ever gets caught with out a chair when the music ends loses. The music stopping is the end of a "trend", which can happen at any time with any excuse they choose.
When the Forex is flat they don't make as much money. I have seen flat times and volatile times, the volatile time is better if you like roller coasters and are with the trend.
My point is this:
when "they" decide the trend they position themselves at the bottom or top to make the most money, its ALL about money to them. It is staggering the amount of money that passes through the Forex daily. This will be very interesting to watch.
It is said "He who controls the currency controls the country"
So they think... and do for awhile... until God is tired of their games.
For the confused and sad about Deltas cc last night... It is still a huge blessing from God EVEN if your material world does not totally change. Its better to know the truth and be prepared. Sure we all wish the dinar would come out at $3.86 on September 1st, so now we know that is not the game plan and Delta gave very good reasons for that.
Delta even said it is a "sucker" rate. The cheaper the banks and the Government can buy back the Dinars, the more money THEY make.
Postby barry166 » August 14th, 2013, 1:03 pm • [Post 268]
I mainly lurk and seldom post except about prayer but goldenboy made in my opinion a great post earlier about who do you trust.
I've been around for about 3 years and went through what about everyone else has.
When he said, question what the poster has to gain that is so so true.
However a long time ago I added another thing I always look at. Do they hide who they are, who they are in business with, what businesses they benefit from.? If so run.
On this forum, we know who Frank is, where he lives, We know who Eagle 1 is, where he lives, we don't probably know as much as we would like to know about Delta but for what I would consider justifiable reasons, we know where Bluestar is from and to an extent what he does for a living, even Memphis, I don't know his name but I know where he lives and what he does for a living.
If i thought about it for a while I could probably come up with some other names we have knowledge about. This makes me much more comfortable with their opinions.
As far as the financial part of this I probably lean toward Eagle 1 opinions. I have a little problem with the computer problem, these people have a lot of resources but I don't question that information being given to Eagle 1 as a reason if this part "of the plan" is true.
This makes no more sense to me than the government taking 3 years to fix printing problem.
Delta's comments about 1-1 make sense to me in country. the US dollar and every one else have a 1-1 in country for their currency but if you want to trade US dollars for our neighbors currency you will pay more or less for it than your dollar.
In my opinion Iraq currency will be the same way. Will it be $0.50 or $50.00, who knows but if, and the word if is important, there is a true currency reset it will have to be valued at a correct rate, what ever that is. Just commenting, now back to lurking.
Postby harley_1 » August 14th, 2013, 1:27 pm • [Post 280] just my 2 cents, but even though E1 and Delta have two different schools of thought, there is at least one thing that ties them both together and that is they have both said there is nothing left to be done.
Delta stated that very clearly last night, there is nothing left to do. In fact, if you step back and take a look at it, they are both right in their views IMO. There is nothing left for Iraq to do as Delta said.
E1 has told us along with Nova that this is in the hands of the IMF and getting the massive undertaking of a successful implementation of the Basel 3 software so that all of this can be wrapped up.
Iraq has completed their portion - lower denoms are out, cards are out, etc etc. We have learned all along that this is a world event, i.e the baskets of currencies, Oct 1 deadline, etc etc and the dinar was in the first basket,
of course now we are looking at only one basket for everything. whether or not the event has been waiting on Iraq, they are done, and the IMF and CIX are working to launch the whole thing at once. We have always learned it would be this way
As far as the rate, somewhere between .86 and 3.44. we have discussed on the call that a best case scenario for the Iraqi's is a .86 rate and then 1 to 1 to make the transition easier.
it seems to me, and it is just my opinion and no disrespect to anyone, they had a 3+ rate before, and they had to deal with a decrease to 1400+ and they have managed the math of the conversion quite well.
They know what a dinar buys now and what it bought before. having been at 3+ before, it seems to me that would be an easy transition back. The CBI would call in the higher denoms and exchange them for the lower ones at the new rate...maybe that is the 30 day exchange window we have heard about? makes sense to me.
if you had 200,000 dinar as an Iraqi, at 1166 rate, that's 171 usd, times 3.44 is 590 dinar. Prices in the marketplace have to be adjusted too, right?
if an Iraqi citizen makes 200,000 dinar a month, i am guessing a loaf of bread would be about 1000 dinar maybe more. so a new rate could make it about 1 dinar maybe?
not trying to be right on math, just making examples. And everything is back in check. The way buying power increases or decreases is through price fluctuations and we will see that here at home when the USD takes its hit. $1000 will still be $1000, but a loaf of bread at $2.49 may then become $3.69, thereby reducing your buying power.
Makes me wonder if this is the manifestation of the "hyperinflation" that has been foretold many times in the news over the last year with all the govt spending and printing of money? Have they been trying to tell us of the devaluation of the USD?
i am guessing the budget is based on the .86 rate as we have discussed and once the rv occurs, that rate could go up and anything over .86 is gravy in the budget. a budget is based off of the minimum amount of income expected to come in, and it is a guideline. as income increases or decrease, the budget gets changed from year to year just like in your own home, sometimes even month to month.
by the way, Rolex is a common timepiece among the wealthy, royalty, and our presidency. They have a new timepiece model called "Baselworld 2013". go to their website and see it. Just a coincidence? i think n
RANSOM wrote on August 14th, 2013, 1:36 am:Bluestar or family can you guys clarify....are we now looking for the RD in IRAQ September around.86 cents and out of country January 2014? Or RV/RD inside and outside IRAQ at .86 in September with a rise in January 2014?
Post By mike100 » August 14th, 2013, 2:15 pm • [Post 298] actually neither. From what i understand the rate against the U.s dollar is 1166 which is their program rate. So in country would be .86 for the iraqi citizens but outside against the U.s dollar would be the equivilant of $1.16 thats more than likely what u would get at the banks IF and only IF that is the rate it comes out at. Also Delta was alluding to the fact we shall see this in september then another increase in the beginning of 2014
Alan wrote on August 14th, 2013, 11:31 am: Not worried about Aug or Sept anymore.. Things were cooked well before giving them to KTFA and I believe that Delta was allowed to share his intel and that the rate is .86 and were shooting for Sept.. How can you not be excited??? Someone knows the date and rate... :)
Post By The Snod » August 14th, 2013, 2:38 pm • [Post 303] IMHO----I look at this information in a Bibliographical, interpretive method. I'm thinking, if the sources are not disingenuous (I think that is true from what I've followed over the years), BUT no one is within 1 degree of separation from the shot-callers AND the way 6/27 has pushed the momentum THEN we are to take Delta's information in a "conservative" type way.
IOW's, it could literally be true, yet subject to what could still be a fluid situation, YET it almost certainly tells us that there is a mindset, a plan, and dialogue among important people that are really looking at the month of-----September.....I would fall short of writing the month in stone, but the information shows us how serious they are.
J+C wrote on August 14th, 2013, 3:06 am: Talk with Eagle1 this is what the International bankers bankers call it, we don't hear that the Dinar is going to be a reserve currency either, but it is going to be, things to ponder on................... :handshake2:
Postby The Snod » August 14th, 2013, 3:08 pm • [Post 314] The GCR, as E1 defines it, is based on his intel about Basel III...... I'm scratching my head on certain elements of the Forex information we're receiving, myself. I have some ideas, but I can't really divulge them here. Plus, I could be wrong anyway..........
It might be more accurate to say that the IQD will be "one of" the reserve currencies......... The macroprudential moves of Basel seem to indicate that they are in a process of stacking themselves with some real capital which would include asset-backed currencies.
I think this is the beginning of moves away from over-printed fiat currencies....I also don't think we will see a "gold-standard" as I don't think there is enough gold on the planet to back up the US debt, itself. I think "gold-backed", and "asset-backed" is the direction of the future.
Strangely, that could also keep the US dollar from totally imploding as some have theorized, but a reduction of some it's value is certainly going to happen. This is another facet that makes E1's information very interesting in regards to that........ :hibye:
Postby Blackhorses49 » August 14th, 2013, 3:25 pm • [Post 321] Hello family loved the call the last couple of days. Gives us lot to think about. Can anyone or Eagle 1 answer this. I'm concerned about hearing a 30 day cash out time.
I know Eagle 1 suggested he is only going to pay of necessities and wait awhile to see how things go. Are you worried about clashes in the Middle East then and the dinar going down. Where can we look for a ruling on this. Seeking some advice on this!!!!
Blackhorses49 wrote on August 14th, 2013, 3:25 pm:Hello family loved the call the last couple of days. Gives us lot to think about. Can anyone or Eagle 1 answer this. I'm concerned about hearing a 30 day cash out time.
I know Eagle 1 suggested he is only going to pay of necessities and wait awhile to see how things go. Are you worried about clashes in the Middle East then and the dinar going down. Where can we look for a ruling on this. Seeking some advice on this!!!!
by LoveThisFamily » August 14th, 2013, 4:03 pm • [Post 350] Eagle1 posted a great answer to this a week or so ago explaining that it really wouldn't be legal to have thirty days only for CE.
If you are getting this idea from the rumor mill, I have seen it already altered to say that an initial higher rate would last thirty days, not that cash in capability would last thirty days.
Of course, that is the opposite of what Delta shared last nite about low rate first, so take it for what it's worth.
With regard to holding or CE, we will wait to see what the rate is and decide LTF
Post By dew7 » August 14th, 2013, 4:58 pm • [Post 362] A Question that I have and am sure is on many minds... How Sure Are We That September Is It???????? Wouldn't it be nice to know for sure that it would be next month? But for those that have been in this for a long time such as myself, we know how fast things change.
I was not able to make it on the call till the end so I heard the recording, but I would love to know How sure Delta feels....... Frank can you answer how sure you feel about this? Thanks!!!
Post by XenaWP » August 14th, 2013, 5:08 pm • [Post 367] If someone will clarify please
What I understand from the notes is that the rate will come out at .86 in country for Iraq. Is that the RD?
When that happens in Sept (per Delta) will we see a 1 to 1 here outside Iraq?
Or will we see nothing until the RI/RV months later in the $3-4 range
In other words, will the initial .86 benefit us outside of Iraq as early as September?
Hope that made sense and I got my point across. Thanks for any reply.
From BDF NOTES......"In summary, Frank asked Delta if he believes that the blessing will happen in 2013? Delta said “Yes.” Frank asked Delta if he believes the rate will increase ]outside[/color] of Iraq in 2014? Delta replied “Yes.” Frank stated that he and Delta are of the same opinion, the same mind. Frank anticipates the value to climb in 6 – 8 months after the IQD rate goes international."
hasgold wrote on August 14th, 2013, 1:12 pm:Dale on Maui, In regards to your Post #126 on last nights thread, I couldn't agree with you more!!!!!
I have an idea where all of this "Global Currency Reset", as most people on the forum understand it to be, came from, but I won't mention it here. I'm not a financial scholar, but I do know a little of how all of this got started, and like you, I just don't think that it going to happen the way most everyone here seems to think it will!!!
I'll now wait to be bashed!!!! lol
Post by tinman22 » August 14th, 2013, 5:13 pm • [Post 368] no need for any bashing, in fact, just the opposite - I would very much enjoy hearing your ideas, as I do with all these postings. I am an adult, and can decide the merits of any post for myself; since I don't have any new ideas, yours certainly are welcome - please, have at it!
mugsbuttons wrote on August 14th, 2013, 11:58 am:Frank, If two negatives in math make a positive, then all this confusion about the obvious should clear things up. A utopianistic thought for your entertainment pleasure. Blessings!
Post by Frank26 » August 14th, 2013, 5:21 pm • [Post 371] Hmmm............. Good choice of words Sir.
Take notice how much I talked ONCE DELTA came on.
I asked ONLY two qts that were headed in a direction of his intel. I knew what he wanted to share. But there was a hunger for qts from many so I turned it over to John and any one else with qts for Delta. As I stayed silent the rest of the CC. Then seconds after the CC ............ "I'm confused".
Tonight I will tell You what DELTA said last night .......... What I believe and allow E1 to once again........ Tell You what he thinks. If I see after the CC ...." I'm confused".......... Then so will I be. Even IF Delta is correct ......... I am perplexed that one who should be grateful complains about $860,000.00. Fascinating. KTFA, Frank
Postby dustibigelow » August 14th, 2013, 5:38 pm • [Post 375] IMOO....If you have taken any of the intel so freely and generously given us by Frank, Delta, Eagle1 and all, as fact, you will for sure be confused.
If, however, you have taken this same intel, realizing that this investment is complicated at best, as intel that can change on a dime, you will not be confused. Neither Frank, nor Delta, nor Eagle1 nor anyone, has stated that things "WILL" happen when they say. They have given you information from their sources.
Which their sources have gotten from their sources, and on and on. Now, having said that, if, on the other hand, we have not taken this investment to our Lord in prayer and given it to Him, then confusion will continue to abound! The Lord is in charge of this Wealth Transfer and is guiding it along to its right time.
Thank You, Lord! Blessings to all!!! Dustib
Postby fireball92 » August 14th, 2013, 5:46 pm • [Post 380] KNOW THIS! It seems to me that many forget the first of mryantodd's #1 random thought... ALL WHO RENDER OPINES ARE HUMAN, therefore subject to error. As well, we often forget that the blade cuts both ways...
Several years back I came to the realization that as I had read the Bible, I was applying most everything to positive outcome, ie. "You will get what you say", most of us forget that means both Positive AND Negative things we say. SO!
What I mean by this analogy is, whether someone 'calls the RV' or thinks there will be an extended wait, ie 2014, 2016 November, October or September or even as soon as Aug. 15, 2013; EITHER CAN be right OR wrong.
As is so often said in various ways "no one knows the date or rate", That also means and includes that there is nobody that can say with CERTAINTY that this week, next week, next month or next year is NOT the time for this blessing.
I certainly appreciate that there are those whose research MAY cause them to be a little more astute with predictions and ideas, that is why I listen and read all that I can (asking for discernment).
I use my experience as a physician for another analogy. After 34 years of being a treating Doc,
I have seen more inaccurate and erroneous research conclusions than I can even begin to remember.
Research that was BASED upon faulty data of previous research. WHAT'S the relevance to the Dinar world?
Correct me here if this is inaccurate, but as I understand, the Iraqi media is as controlled and corrupt as the USA media. To base and trust research based upon their info is as bad as Big Pharma and 'mainstream' medicine telling us for decades that fat is bad and carbs are good when in fact, with qualifing factors, the opposite is true.
If this post hasn't been fodder for thought yet, HOLD ON. Now this will step on a bunch of traditional RELIGIOUS toes as it certainly did mine the first time I heard it from Andrew Womack. He also said that if the listener 'got' it they would become extremely dissatisfied with 'traditional religious' teaching. I did and it did.
All over Dinarland there are ppl who proclaim their Christianity.
#1 - I have been on several OTHER sites over the years that claim to be Christian and in the same sentence use profanity and/or make obscene comments or say terrible things to or about their biblical neighbor. How many remember that Jesus said that fresh water and bitter water can't be found in the same spring?
#2 It's all in God's hands. MMM? Now I know that, like me when this was 1st pointed out to me, many that read this are going to have some very negative thoughts about me.
Bothers and Sisters, that philosophy is not scriptural. While God is the omnipotent, omniscient and omnipresent Lord and Creator, He gave much of the authority to mankind.
So, yes we are to ask his guidance and know that, as the police has authority, it is the municipality's power that is represented. OUR AUTHORITY represents God's power. We are told to do all we can, then stand. If God is going to do it all, why that command?
As I sit in church or in other situations and hear prayers, what I hear is a lot of begging that God would do this or that when He already did it over 2000 yrs ago. One teacher says that if it were possible, God would be confused. LOL
What I am attempting to pass on is that as Christians many of us act like toddlers expecting mommy and daddy to do everything for us when He wants us to use the Word and our subsequent Faith and learn to battle the evil using the 'armour of God'...
OK I'm gone. I don't have space nor time to bring to ya'll what it has taken me several years of study and listening to great teachers like Copeland, Womack, Slyde Moran, Smythe Wigglesworth, etc to begin having revelation understanding of God's Word. God's Love to all. (Pray I am not banned for non traditional thought)
Post by Specialk » August 14th, 2013, 6:03 pm • [Post 389] Good Evening Family!!! :hibye:
I MAY BE BASHED FOR THIS POST, BUT I FEEL THIS NEEDS TO BE SAID:
I know, I don't post much, but one reason is, it seems that when you have an opnion and especially if it's different from what our leader's have given, then you are subject to smart remarks, negitive postering and even belittled to some degree.
REALLY? Can one not have their say with out being singled out in a way that would make that person feel small or not worthy of their own view? From what I've seen lately...Not really.
You can be firm and still do it in love and in His truth. Yelling, postering or name calling does not create a positive response or atmosphere. Let's ask ourselves...What would Jesus do?
Please don't get me wrong here, the majority respect's and agree's to disagree, But guess what? God made people DIFFERENT. That's right DIFFERENT! Some may not be as smart as others and it takes more even alot more to help them understand. We have no idea if that person is battling a brain injury or brain cancer.
Some people DO NOT UNDERSTAND CODE WORDS! Even the disciples had a hard time understanding the parables. Then there are many that just like it plain, simple and to the point.
So, if we choose to offer a service...than you can expect 100% that you will deal with many different people and some being not so easy to deal with, but the answer is not to publicly make those that do not conform or respond in the way we see fit feel less of a person. Heh, did Jesus yell at the sinner's and call them names?
Keep in mind...God may have sent all these people to correct something inside of US! How do we know what anyone has gone through that day, or how do we know what there mental capacity is?
If we are offended with something, we should respond in a way that does not make the person feel bad or does not cause the person to continue with his/her behavior. To respond offensively makes us no different.
If we let negitive things that people say or do dictate our lives in a negitive way, then we have given that person control and the worse part is we chose to let them do it. We must humble ourselves before Father and ask Him to reveal the root that causes us to respond in the same manner to which it was given.
When we respond negitively to people and situations, we have chosen to not only allow the person to gain control, but we have allowed the evil one control us. If it brings you anger,frustration, sadness and stress to the point of TAKING AWAY THE JESUS RESPONSE IN US, then we have to choose to stop the sourse that's causing it!
For example, if you're looking at ungodly things on the internet, then get rid of your source... Which is your computer. Move away until you can be set free from wanting to look at ungodly things.
So, the next time we think about responding in a unkind, hurtful or negitive manner... Let's ask ourselves...If I react this way WILL I BRING LIFE OR DEATH TO THIS PERSON! I really want to be mindful of my responses because I don't want to ever be credited for hurting or hendering anyone's heart or spirit.
To be a great follower, leader & Servant is to SET & BE AN EXAMPLE OF THE FATHER"S HEART!
Lord...I have been guilty of unkind words and I humbly ask you to forgive me and help me to respond in a way that brings LIFE to others & GLORY to YOU in Jesus name!
Post By hawger03 » August 14th, 2013, 6:05 pm • [Post 390] Well, I listened to the conference call twice and I can certainly understand all of the confusion as I had my head swimming....thus, the second listen.
The funny thing is that we all get locked into whatever scenario is the rumor of the day! Not a single one of us know more than their opinion or the opinions of others so I will chime in with mine. In my confusion, I got my logic cap out and tried to sift through all of the information and came up with a few ideas.
Delta states that he believes the rate will be $.86 to $1.17 and he has devised this from intel gathered during his dinner with the finance minister. Now I know that a title like "finance minister" should conger up thoughts of power and being official and I understand this.
We also know from Frank's statements that the IMF and the CBI are working closely with each other. I did not hear that they have included the finance minister in this discussion as he is neither IMF or CBI.
From time studying this investment, I know that the GOI and the CBI are rarely on the same page. If this RV is also so secretive in it's release date a rate, my thoughts would be that the fewer people in the loop of knowledge, the better.
With this in mind, I don't think the finance minister knows the rate at all. He, by Delta's admission, does not know the date so why would we believe that he knows the rate?
Delta also stated that the reason for coming out on, basically, a 1-1 basis is that it would be easier and familiar for the citizens of Iraq. On this I could agree IF the Iraqi government was in control of this RI/RV.
In the past, it has been the general consensus that the RI/RV is not in Iraq's hands. I know for sure that both Delta and Frank have stated this. Since we think that we know that the AOP are in control, wouldn't it make sense to believe that the arm of the AOP who will control the rate would be the IMF?
Also as stated on last nights CC, was the fact that the IMF made the move to lower the value of the dinar in September 2004. Do you think that the IMF was concerned about the Iraqi citizens when they bankrupt the entire country?
So.....what makes you think that the IMF would be concerned about the citizens being able to figure out how to use a rate that they have had only 10 years ago? I also believe what Frank and Eagle1 have stated previously that this RI/RV is not about Iraq any more.
It's a global monetary savior to a great number of European nations and ours as well. If you subscribe to the idea of the Global Currency Reset as I am, do you believe that Europe and the US will be saved with a rate of .86 with a managed float?
I don't know myself as I don't know how much currency each country holds and how deeply in debt they may be. I do know that all would be sitting in a better position at a better rate.
Let's also not forget that the IMF has already told Iraq that even $1.17 is not enough. If the IMF says it's not enough and THEY are the ones in control, wouldn't it seem logical that the IMF will assign a rate to their currency that is commensurate with the assets that the country holds?
It doesn't really matter if Iraq wants to be exclusively gold backed or not, the IMF will use the same calculations on Iraq as they do the other 190 currencies or so.
I also had to ask myself, is Iraq currently a sovereign nation where they are allowed to call the shots? I think Frank has addressed this already with his statement that Iraq will never see the keys to their shackles until they have an internationally recognizable currency.
With that in mind, can Iraq really control their currency rate at this time? I don't believe they can while they are under the thumb of the IMF. In my mind, if the IMF can set a target date for the RV, they can also set the rate.
So next question is, why have they not done this yet? IMO, because of the coordination needed between the IMF, CBI and the GOI.
IMF can set any rate that they want but without coordination between all involved parties, nothing happens. As Frank stated, there is nothing haphazard about how the IMF conducts business and if everything is not set up perfectly, it's a no go.
Now, I respect Frank, Delta, Eagle1 and all of our news hounds and admins here. I can only think of one scenario where all ideas (Delta's, Frank's and Eagle1's) can work together.
The scenario I am thinking of would be that Iraq is allowed to RV in country at whatever rate that they feel prudent and then shortly afterward, the IMF sets their international rate.
Yes, this would filter into the "in country" rate but, like Eagle1 stated about the devalue of the US currency, it would be barely noticeable until the citizens started noticing that imported goods became much less expensive.
I'm also sure that no Iraqi would not complain if their currency suddenly had much more purchasing power in relation to imports. Obviously, this is all IMO. When you study and consider the ramifications of our studies, please try not to jump so quickly for the intel du jour, but consider all that you have learned over the years.
I don't have the greatest memory but some things from our past studies seem to stand out as beliefs that we all should keep in mind. I believe that is why Frank asks us to take notes so that you have something to reference when new wrenches get thrown into the works.
I may be totally off here but it's the best that I can come up with. Anyone is welcome to point out the errors of my ways and correct me! In the end, we will get what they offer when they decide to offer it. Profound huh? .......hence the badge....LOL!
Post by kaykay3 » August 14th, 2013, 6:12 pm • [Post 395] Delta thank u so much for being with us last night! It made my eyes tear up when u opened your heart to Frank in being glad u guys found each other and were friends!
You my friend are a big man in many of our eyes and can't wait to shake your hand and hug u no squeeze u! Lol! But I have one serious question for u.
Do u feel with it being Iraq they will wait till very end or last day in September to move or do this? I have a feeling the man u spoke with was a little more narrow with September but Frank probably ask u to just leave it at September in general. Thanks Delta for everything!
Post By debbielu1 » August 14th, 2013, 6:19 pm • [Post 397] Well I guess I'll quit lurking and chip in...1. I'm not confused about what was said in the cc. Cause I have ears to hear and they usually work pretty good.
2. I am disappointed in that we are back to an .86 rate. Cause I haven't be able to afford very many dinars (certainly not a million).
3. I am sad that I still have to continually bend God's ear on this subject. Cause I'm pretty sure He's getting tired of hearing it from me.
BUT, what I am confused about is : why would the rate of 3+ confuse the Iraqi people when they used to have that rate. Cause to me that's pretty insulting to their abilities and I don't really think that all of them are that inept. Course I can be wrong;maybe they really are and that's the real reason it's taken this long. Well that's my 2 cents...back to lurking !
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