JJONESMX » February 26th, 2014, 11:26 am •
Here comes the news black out stuff imo.... JJ
Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser
Baghdad, Washington / An Iraqi diplomat in Washington revealed that the U.S. administration strongly rejects Iraq's decision Ptsfir currency, or stop the daily auction of foreign currency, which is organized by the CBI.
The Iraqi diplomat said that "the United States is the primary beneficiary of the auction currency in Iraq, and the survival of the purchasing power of the Iraqi dinar is weak, compared to the price of currencies in the region, especially the poor ones, which are suffering from economic problems large like Egypt."
And showed that "the Iraqi currency, have been added zeros at the time of the former regime, and now is no longer an existential value, but the Americans are blocking efforts to zeroing damaged their economy and their companies from that. "...
Read More Link on Right
The specialists in economic affairs confirmed that the government's approval of a bill to reset the currency will reduce the size of the money supply and restore confidence globally, to the presence of oil as an asset added to the balance of gold in the international banks, according to the Finance Committee representative to reset the local currency will contribute to the restoration of the Iraqi dinar to its strength, including approximately Previous worth purchasing and which was more than three times the U.S. dollar, and declined by the imposition of Chapter VII sanctions.
Aggiedad77: FAMILY.......HEADS UP.....IGNORE THE PART OF THIS ARTICLE ABOUT WASHINGTON....WHAT DO THEY KNOW ANYWAY?
FOCUS INSTEAD ON THE LAST PARAGRAPH
did you read the last paragraph of this article....I would suggest you reread it slowly.....the government has APPROVED a bill to RESET the CURRENCY....this will reduce the money supply....say REMOVE the 000's....and restore confidence globally......this will RESTORE THE IRAQI CURRENCY TO ITS STRENGTH TO PREVIOUS PURCHASING POWER WHICH WAS THREE TIMES THE USD!!!!!
Jim33: Hi Aggiedad. What a statement! I do have a question, can Washington reset the dinar? I thought that was the job of the IMF and Iraq? I know that Frank says that the IMF is the US, however, is the tone of this more political? Also, isn't the primary beneficiary the banks in Iraq? Thank you for your summaries.
Aggiedad77: Hi Jim.....good questions
I believe the IMF is mostly in charge of things.....the CBI has to have IMF approval to change the rate....I guess that I am of the belief that the US itself no longer has that much control over Iraq....I'm sure they would like to have it...but thanks to the current administration that went out the window when the troops left.....
As for who benefits....I certainly think the banks will...the Iraqi citizens will benefit....their money might fit in a wallet for a change.....and of course there will be major benefits around the world.
Blessings to you
For comment section, please scroll down. Thank you.
This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies.Opt Out of Cookies