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DINARESGURUS.BLOGSPOT.COM_________________ _______

Sunday, May 5, 2013

CAPT. RON CHAT, 5 MAY


MIG:

[capt ron] I'm thinkin' about taking on a new name...."husband in the know" Whatdaya think?    I'll be HINK for short.   HITK I meant.

[billuke] capt ron so what's your first post HITK?

[capt ron] Meanwhile, I have some interesting banking info for you guys passed on to me by winalot today....

[billuke] capt ron go with it!

[capt ron] winalot is seeing numbers of banks, not just Chase, upgrading their software this weekend.

[billuke] capt ron that's good

[Spark22] Did she say anything else, capt ron

[billuke] capt ron any numbers?

[capt ron] The modifications are to the IBAN Lookup service software.....

[Spark22] capt ron What is IBAN?

[billuke] capt ron there has been a lot of notices from various banks to customers of upgrades and computer changes for this weekend
[capt ron] (no numbers, we just talked about how these widespread modifications will make it even more difficult to pass illegal monies around the global banking system.

[capt ron] Lemme post a link that outlines the IBAN system....

[billuke] Spark22 capt ron remember .  
http://www.swift.com/solutions/messaging/information_products/directory_products/iban_format_registry/index.page?lang=en

[billuke] beat you to it capt

[billuke] capt ron maybe you got another link?

[capt ron]    http://www.ulsterbank.ie/roi/personal/daily-banking/anytime-banking/useful-information/iban.ashx

[billuke] Spark22 capt ron remember talk about year ago or more about "swift codes"? And some ppl being laughed at for bringing it in?

[Spark22] billuke Yes I remember that

[capt ron] In retrospect there was a WHOLE lotta interbank software upgrades that had to be done for our rv back in those days. We were all so uninformed as to this unprecedented (in scale) banking event. ALL of us.

[capt ron] Which makes me wonder what unknown requirement TOMORROW is out there that we all have no clue about.

[Spark22] capt ron Yah really

[capt ron] (hey, that can be my first HITK post!)

[Spark22] lol

[billuke] capt ron yeah, that we might be saying 3 or 6 months from now

[sandman3126] capt ron Hello, would you mind repeating what winalot had? I had to step away for a bit.

[capt ron] Sandman, she sent me a link that outlined a certain banking software newly available and being installed this weekend at not just Chase but other large banks.

BEAR5642 UPDATE, 5 MAY

[bear5642] Greetings everyone
[bear5642] I've heard from my source and he told me the number one priority of Iraq is to lift the 3 zerso immediately
[arizona49] bear5642 Good evening sir.....welcome back    
[bear5642] I've seen all the comossion in Dinar Recaps about someone putting out the nonsense of the LOP the dirty word
[Great_White_North] bear5642 thought is was NOT in Iraq's hands???
[js86901] Bear5642 this is way out of Iraqis hands. They have now play in this at this point
[xyz] bear5642    
[Great_White_North] js86901 great minds think alike
[Great_White_North]    
[js86901] 100% not in their hands!!
[bear5642] You would not believe me of i told who my contacts closest friend is and all I can say in about 72 hours I will have soem real answers
[bear5642] some
[js86901] If it's I. Iraq it does not even matter
[arizona49] Please folks, give Bear5462 the respect he is due
[bear5642] Well you believe what you want thism person will answer 2 questions for me and then we will see who is control
[bear5642] Hey its ok with all of the misinformation coming in I don't blame them. However I can tell you for a fact I will have soem serious answers in 72 hours
[bigdogmom] bear5642 Wonderful, counting down the hours :)
[bear5642] Do you really believe that nonsense com on man
[feda] bear5642 hi there .. another 72hrs wow .
[bear5642] feda I tell you what I don't have time to argue and I just keep it to myself then.. 
[feda] bear5642 argue ? ... with me .. i thought you remembered me .. it is a question not an argument
[js86901] It would be nice for TK to come in
[bear5642] I didn't say that I asked 2 important questiosn what is holding this up and what are their intentions of increasing the value of the iQD
[bear5642] This person can answer them straight up
[feda] bear5642 arent you my buddy from a couple of chat rooms ago 
[bigdogmom] bear5642 We appreciate you coming in and sharing.
[toni] please give bear repect or leave the room please !! 
[bear5642] feda yes but not in the mood I couldnt believe who this person is on one to one relationship with and I'll leave it that
disrespectful?
[beach] bear5642 great of you to come in tell us stuff and keep coming in ...........
[feda] bear5642 ok ... good to see you though .. keep your chin up . I am trying to do the same
[bear5642] I'm fighting a bad headache but I wanted to come in and share. he called me and offered to ask this person my questions I was truly blessed
[toni] Great_White_North no your ok
[Great_White_North] toni ty
[bear5642] I'm not calling it in 72 hours but I will have a clear understanding of hwat is going on
[toni] Great_White_North yw
[Cougar13] bear5642 thank you 
[Cougar13] protien always helps mine bear5642 
[bear5642] Cougar13 thank you for your respect I deeply apprecaite it I feel some people are really doing their best to discourage us and I'm not falling for it. 
[living dreams] bear5642 drink some coke and eat some saltines crackers this will help your headahe
[bear5642] livingdreams I love on Coca Cola that might be my problem    
[Great_White_North] bear5642 2 much sugar ...closes the arteries
[bear5642] Great white north forget been drinking cokes ever since I was a cop and didn''t coffee so I drink cokes my bad
[bear5642] my screen just shrunk what did I do??
[bigdogmom] bear5642 Wow, didn't know you were a policeman, thank you for your service.
[DQ] bear5642 click third from the right on the display above where you type
[bear5642] Well now I'm a pastor
[bear5642] Ok so how many want to know the answers to those 2 questions
[Lady Sarah] bear5642 meme me
[Cougar13] I do
[living dreams] i do
[bigdogmom] bear5642 meee meeee
[msjeta1] bear5642 me too
[bear5642] He might call back before 72 hours and i will comew in immediately my vacation ends today so its back to work and will be catching up
[bear5642] I truly believe this guy will bring some encouraging news I hope well like it or not in about 72 hours we will have an answer
[bear5642] Ok gotta go have a Blessed day

TK UPDATE, 5 MAY

[TERRYK] HELLO ALL
[TERRYK] BEEN AWAY ALL WEEKEND
[TERRYK] WISH I COULD SAY VACATION
[TERRYK] BUT HAD OTHER THINGS GOING
[TERRYK] SO WHAT'S GOING ON IN THE DINAR WORLD
[TERRYK] HEARING THINGS HEATING UP FOR MONDAY
 [TERRYK] ALOT OF BAD BANKERS GOING TO JAIL
[TERRYK] THAT WERE GOING TO STEAL YOUR DINAR
[TERRYK] I HEARD THERE WAS ALOT OF THE SWITCH A ROO THAT WAS GOING TO HAPPEN
[TERRYK] AND SOME OF THE BANKERS WERE CAUGHT WITH BOGUS DINAR
[TERRYK] FYI
[TERRYK] I THINK EVERYTHING IS READY
[TERRYK] FROM WHAT I'M HEARING
[TERRYK] I WENT TO WASHINGTON DC FOR A FEW DAYS
[TERRYK] TO MEET WITH TWO OF MY SOURCES
[TERRYK] WAS AS CLOSE AS YOU CAN GET TO THE WHITE HOUSE
[TERRYK] WITHOUT GETTING ON THE GROUNDS
[TERRYK] WALKED OUTSIDE AND HAD A CHANCE TO TALK TO A BUDDY OF MINE
[TERRYK] HE IS SAYING WE ARE SO CLOSE THAT HE IS WALKING AWAY FROM HIS POSITION THIS WEEK
[Grandmaster]    Did you say hello to "O" ??
[TERRYK] HE IS TIRED OF THE MONKEY BUSINESS
[TERRYK] NO I DID NOT
[TERRYK] ANYWAY THAT WAS ALL I HAD AND WANTED TO UPDATE YOU ALL
[TERRYK] REALLY THINKING IT'S GOTTA BE THIS WEEK
[TERRYK] IF I GET ANYMORE I WILL BE IN,
[TERRYK] HAVE TO TAKE MY MEDS
[TERRYK] AND GET READY FOR THAT MASSAGE
[TERRYK] GOD BLESS YOU ALL SEE U IN THE  AM
[TERRYK] OK

OKIEOILMAN UPDATE, 5 MAY

[..okieoilman] GOOD SUNDAY NIGHT AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. WELL IT IS GREAT TONIGHT TO SEE THE FIRE SUBSIDE THAT WAS PREVELENT ON ALL THE SITES YESTERDAY AND LAST NIGHT. I PRAY THE DAMAGE DONE BY AN IN-CORRECT POST DID NOT CAUSE ANY PERMANENT DAMAGE TO ANYONE'S MENTALITY OR EVEN CAUSE GREATER DAMAGE OF A MUCH LARGER DEGREE. 

THERE ARE PEOPLE THAT IS IN SUCH A STATE OF MIND THAT A POST LIKE THE ONE LAST NIGHT COULD LITERALLY PUSH THEM OVER THE EDGE. 
WE HERE AT THIS SITE TRY TO MAINTAIN A POSTURE THAT COULD NEVER BE CONSTRUED AS BEING SO INFLUENTIAL THAT ANY THING STATED WOULD INCUR SUCH A DEGREE OF DANGER TO ANYONE READING OUR POSTS. 

THIS SITE HAS ALWAYS AS BEST AS I AM AWARE TO BE A BEACON LIGHT THAT PREVENTS SHIPS FROM RUNNING AGROUND. THAT IS BECAUSE JESUS IS THE LIGHT THAT CAN NOT BE QUENCHED ON THIS SITE. I HAVE TRIED ALONG WITH ALL YOUR HELP TO BE A VOICE IN THE WILDERNESS THAT CRIED ONLY THE TRUTH AND NEVER FOSTERED ANY RUMORS. 

WITH THAT SAID ---I STILL MAINTAIN THAT TOMORROW SHOULD BE A DAY OF ENLIGHTMENT (AT LEAST) IN KNOWING EXACTLY WHERE WE STAND RELEVENT TO THE TIMING OF THE EVENT.

 I KNOW MANY TIMES IN THE PAST I WAS INFORMED IN-CORRECTLY ABOUT THE TIMING BUT USUALLY THE ACCOMPANYING INTEL WAS CORRECT. 

TODAY THERE WERE MEETING'S IN EUROPE CONCERNING THE AGREEMENTS NECESSARY FOR ALL TO COME TO THE TABLE OF AGREEMENTS AND ENJOY THE FRUIT OF THEIR BANQUET. 

IT IS NOW OUR TIME TO ENJOY THE FRUITS OF MANY YEARS OF PREPARATION ON OUR BEHALF.

BLESSINGS AND PRAY FOR A SUCCESSFUL DAY FOR US TOMORROW.

12THMAN UPDATE , 5 MAY

12thman said:  Please post this by itself.

I come in today not to create a uproar like last night, but to say that I am sorry that a statement I made last night caused so many to turn hateful and hinder their faith.

 It was by no means my purpose or intention to do so. My statement is not a lie for I have heard such talk through people that I know who are involved with this blessing. But by no means do I agree with it.

I stand firm that all still looks great and I will not be getting on the plane back to Mexico late Monday night. I also would like to say the info did not come from the High Rollers.

 Please know that I call them High Rollers. Its a name I use for them. The 20 of them are good Godly people who are using what God has blessed them with to better the world and the Fathers Kingdom.  Its just a term I use. 
  Last night and for the past few months, I have been called a liar, a pumper, a fake, a moron and many other choice words that I will not repeat. Not only on Recaps but on other sites in the world.

I would like to state that I am not a liar or a pumper or one to cause false hope. I did not come out of lurking to gain praise or seek attention or get my "15 minutes of fame".

I stepped out because God answered a prayer and lead me to people who have intel that I deem true and trust worthy. And by stepping out and posting what I was given, I was given the opportunity to share more than dinar intel.

I was given the opportunity to share my faith and give praise where praise was needing to be given...to the Heavenly Father and my Lord and Savior Jesus.

For so long I have seen people praise the 50+ Guru's that line the right side of the Recaps blog page. And I will be the first to say that I was one of them...always coming in when great news was posted thanking them for all that they do and forgetting to thank God first. He is in control and makes all happen.

 It is not my purpose to cause false hope or cause pain, but to share with others that Jesus is the way and God is the one we need to be praising and seeking for answers and understanding.

 If you read my post I have done so and will continue to do so even if no one reads it.

I am again sorry that faith was shaken and mouths spoke words of hate and anger.

I was reminded this morning at church that we are not to put faith but in ONE name and ONE name alone...God! He and HE alone will make this happen and I pray we all truly seek Him and praise Him for all that He is doing...

To Recaps, thank you for allowing me to share the word of God and giving me the opportunity to pray for others and bring praise to the Heavenly Father and His Son Jesus Christ. I know that my post will probably get some negative comments and its ok to allow them to be posted.

I am a big boy and can take it. God and I know where I stand and what I am all about therefore if they need to vent or whatever...it is fine.

Final statement and I am out...Jesus was sent by the Heavenly Father to pay the price for our sins. My sins and yours...Jesus followed through God's plan and allowed Himself to be hung on the cross...He died for us and His shed blood washed away our sins. He was buried and rose on the 3rd day proving that He was and will only be the true King of Kings and Lord of Lords. It is by accepting this truly in your heart that you will be saved and have everlasting life in heaven. I pray that if you don't have Jesus in your heart, you surrender all to Him before its to late...He is the ONLY way...May God brings this blessing fast and on His time.
.

DINAR GURUS UPDATE, 5 MAY

5-5-2013  Intel Guru Bluwolf   WE ARE ALL ON THE HIGHEST OF ALERTS [ BANKS, FOREX, GOVERNMENTS, COUNTRIES, AND THE MEN AND WOMAN OF THE WORLD. IT WILL BE HAPPENING SHORTLY, NOTHING OR NO ONE CAN NOW STOP IT, THERE WILL BE MISINFORMATION.  THE RATES SHALL BE LIKE SPOKEN TO YOU ABOUT IN THE PAST PERIOD [ THEY HAVE BEEN LOCKED IN ].

5-5-2013  Newshound Guru SWFloridaGuy   We've seen countless committees highly skilled in the art of procrastination and ineptness. However, lately I am very encouraged by the Erbil terms being addressed and the HCL once again to the forefront of discussion. Perhaps Maliki's opposition efficaciously found an angle where it is in the PMs best interest to play ball. Personally, I'm just hoping for the best...It does appear that slowly but surely, Iraq is making some real progress.  [post 2 of 2]

5-5-2013  Newshound Guru SWFloridaGuy    I have never lost faith that we will prosper from this. How much and how long this will take is not something I concern myself with, as I of course, have no control.  The Finance Committee acknowledges certain remaining obstacles while also maintaining it is an absolute necessity at this time, which coincides with the WTO and IMF recommendations. Iraq's dependence on the oil sector and the absence of any diversity in resources has been addressed by economists operating within systematic programs accurately to activate economic sectors agriculture, industry and provide jobs for the labor and increase budget resources. Whether or not they will be successful remains to be seen.   [post 1 of 2....stay tuned]

5-5-2013  Intel Guru Okie_Oil_Man    GOOD SATURDAY NIGHT AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. I HAVE BEEN CONTACTED TO PUT OUT A FIRE (AND I'M NOT EVEN A FIREMAN). THERE APPEARS TO BE AN E-MAIL OR RUMOR CIRCULATING AGAIN ABOUT A LOP (DROPPING THE THREE ZEROS) . YES IN YEARS TO COME IRAQ HAS ADDRESSED THE DROPPING OF ZEROS BUT THAT HAS NOTHING TO DO WITH OUR REDEMPTION OF OUR DINAR. THE ONLY REASON HISTORICALLY THAT A LOP OF CURRENCY HAS EVER OCCURED IS BECAUSE OF OUT OF CONTROL INFLATION. THIS IS NOT TO HAPPEN ACCORDING TO MY SOURCES. OUR TIME IS NEAR.--BLESSINGS

5-5-2013  Intel Guru Freeway Bill    I don't know, with complete certainty that the RV will happen at any certain time or date.  I have never spoken directly with and High Ranking Chinese official or with Jack Lew.  However, I have followed this to many different destinations to believe that what we are seeing now is the beginning of the end of our wait  [post 2 of 2]

5-5-2013  Intel Guru Freeway Bill    With the new "Wife in the Know" postings and countless...postings of the very disinformation that we have known would happen slightly prior to an actual RV, it is time to get a few things straight...Put away your kleenex my friends as there will not and cannot be an international LOP of the IQD. Lopping the three zeroes worldwide would mean that the trillions held by many countries throughout the world as repayment for money owed to them by Iraq would be a scam.  It is not...  [post 1 of 2....stay tuned]

5-5-2013  Intel Guru Wife in the Know    In all honesty, they are very fearful and will stop at nothing to keep their agenda intact. In fact, it has been said that they are pursuing the avenue of equalizing the new denomination notes with the three zero notes for the tier 3 dinar holders. If that happens, those still holding Iraqi dinar will just only break even on this investment. This news is coming from a source within the Iraqi government and is considered to be reliable. I am hopeful that another term will be reached, but those negotiating this issue are tier 1 & 2 dinar holders and have already exchanged at the $3.42 rate and are waiting on their funds to be released. I will post again as soon as I get more information.  [post 2 of 2]

5-5-2013  Intel Guru Wife in the Know  I am very sorry for not being able to post for the last month or so, I have been extremely busy. As I stated early last month, we did turn in our Iraqi dinar at an exchange rate of $3.42. We are still unable to access those funds until the official rate change occurs
The reason this hasn't happened yet is due to the fact that the people in control of the world financial structure (yes these people do exist) are fighting immensely to stop the common dinar holder (tier 3) from gaining huge wealth.

FRANK26 UPDATE, 5 MAY


Frank26 » May 4th, 2013, 11:40 pm  •  .

Greetings Family...........this is for you:

As you know this is the time of the evening when I am with my Team but my staff has notified me that there is concern on my forum about the rumors of tiers and some cashing out already.

Sadly..........I will waste time once again and tell you with a sincere heart that this is nonsense. The IMF would not allow something like this because it is illegal. For that matter it's like a UFO..........many believe in them but until someone puts one on my front door step it will simply have a life of being a rumor. Nothing more.

For years I have heard of this so called first in line then second and so on........of cashing out because of their political or military and even their elite business status. But it's a figment of some dinar holder's imagination that is stimulated when true studies of time frames are slow.

I have constantly asked those that bring me this rumor to show me a receipt or as they claim a voucher of evidence to my eyes. I have not seen such evidence in all the years of this rumor.

 I know what I do with My Team but I have no idea what these other sites are doing and do not concern myself with it because it creates confusion. Dr ....Dr......it hurts because I go to other sites..........then don't go to other sites. 
You all know very well that I ask kindly not to post the name of any guru or other site on my main thread. There is a Rumor thread on our forum where you are welcome to post that information if you like. Please act accordingly to my request.

In my life I still don't know what I am supposed to do...........but I know very well what I am capable of doing. One of them is not to ever mislead you by bringing you worthless information. Be strong and then be ever so much stronger in the temptation to drink from a bitter river.

My Christian love and Aloha.

KTFA,Frank


***********************

kgrace : I WAS WONDERING IF ANYONE MIGHT KNOW THESE ANSWERS i ASKED FRANK BUT I BELIEVE IT WAS MISSED SINCE HE GETS SO MANY QUESTIONS.................

Since it was mentioned in a CC that when the M2 increased and it was said that the DFI funds were released to iraq :

1. Has leverage been lost in regards to the RV/RI of the dinar?
2. Does the May 22nd date basically mean nothing now?

Frank26:  No............. It has increased.

No............. It is the end date of our current Time Frame Study.

Good nite my Friend........... Aloha ahui ho..... .

KTFA,  Frank


************************

hasgold ::On regards to the" tier program" , how would the forex sites possibly interpret the various tiers, once the IQD becomes internationally tradeable? I don't think that is even a possibility. Once the rate shows, it will then show on the forex sites. That will almost be immediate. IMO, at least according to my understanding.

DAME: HASGOLD.....I believe what has confused people is generating from the unknown, suspicion or someone having a piece of information and it growing or taking on a life of its own. The Rate is the Rate. Where it differ's is for those that have been brought into something called Prosperity Packages which are groups of individuals that have been recruited to "SELL" THEIR IQD as a "PRIVATE SALE OF PURCHASE" not...."CASHING IN".

People are hearing of these packages without much information. The SALE rate is NOT an exchange rate. It is all in the LEGAL terminology. Many of these packages are providing Tiers within their PRIVATE SALE OF PURCHASE. (built much like Amway) Most are scams coming from the highest level from well meaning individuals. Some are legitimate.

The problem is knowing the difference and not entering into lightly. NEVER ENTER A RISK TRANSACTION WITHOUT THE KNOWLEDGE OF KNOWING YOU CAN TAKE LOSING WHAT YOU HAVE PUT INTO IT.

I am making this statement because of the ongoing confusion of the subject. The PROSPERITY PACKAGE SALE Rate is not the same as a INTERNATIONALLY TRADED CURRENCY EXCHANGE RATE. Someone is agreeing to purchase your private property for XXXXXX dollars per XXXXXX NOT EXCHANGE THEM. 

On the whole, very few people have been exposed to these packages and most have jumped into them in sheer desperation and fear without doing their due diligence. They are handing over their IQD to people they have met online and know nothing about them or those controlling the PP's. Some that I have seen when handled through attorney's and possess contractual agreements and allow you to hold on to your IQD until the transaction is completed or through a fiduciary appear to be more plausible.

Frank has said...DO NOT HAND OVER YOUR IQD. My opinion is DO NOT HAND OVER ANY OF YOUR ASSETS without knowing fully what you are doing and securely and legally being involved. Hopefully this will be put to rest.

*************************

FAMILYBUSINESS :Think about it ..... as Frank has stated the tier 1, 2 and 3 levels are not legal. It would be insider trading if allowed. There is no way that this would fly or even considered.

DAME » . Tiers would not be legal. A rate of exchange is a rate of exchange for all. However, I don't think that Frank ever said it would be insider trading. The term "insider trading" pertains to SECURITIES. The IQD is an exotic CURRENCY (NOT INTERNATIONAL) and is not traded on the open market.

*********************************

Prophecy: Perhaps someone can help me better understand what is meant by the term "tier". Why would they necessarily be illegal?

Dame: Prophecy, I do not have a specific reference to show you in writing that it is "illegal" but can provide you explanation as to why it would not happen. As time goes by, people are entering into Contracts of Sale of Purchase for their IQD which is confused by "Cashing In". 

An exchange rate is the price of one country's currency expressed in another country's currency. In other words, the rate at which one currency can be exchanged for another. For example, the higher the exchange rate for one euro in terms of one yen, the lower the relative value of the yen. In most financial papers, currencies are expressed in terms of U.S. dollars, while the dollar is commonly compared to the Japanese yen, the British pound and the euro. As of the beginning of 2006, the exchange rate of one U.S. dollar for one euro was about 0.84, which means that one dollar can be exchanged for 0.84 euros.

So when I state a rate is a rate that is what I am referencing to. There is something called Dual and Multiple Exchange Rates but that pertains to an economy / country on a whole not to the individual investor being preference over another. If a rate is floating then one person may catch a rate raises and lowers to cash in at a different rate then someone else. Manipulation of those rates of when and how and by whom is another conversation.

Dual and Multiple Exchanged rates are used when a country is faced with a sudden shock to its economy, a country can opt to implement a dual or multiple foreign-exchange rate system.With this type of system, a country has more than one rate at which its currencies are exchanged. So, unlike a fixed or floating system the dual and multiple systems consist of different rates, fixed and floating, that are used for the same currency during the same period of time.

In a dual exchange rate system, there are both fixed and floating exchange rates in the market. The fixed rate is only applied to certain segments of the market, such as "essential" imports and exports and/or current account transactions. In the meantime, the price of capital account transactions is determined by a market driven exchange rate (so as not to hinder transactions in this market, which are crucial to providing foreign reserves for a country).

In a multiple exchange rate system, the concept is the same, except the market is divided into many different segments, each with its own foreign exchange rate, whether fixed or floating. Thus, importers of certain goods "essential" to an economy may have a preferential exchange rate while importers of "non-essential" or luxury goods may have a discouraging exchange rate. Capital account transactions could, again, be left to the floating exchange rate.

A multiple system is usually transitional in nature and is used as a means to alleviate excess pressure on foreign reserves when a shock hits an economy and causes investors to panic and pull out. It is also a way to subdue local inflation and importers' demand on foreign currency. Most of all, in times of economic turmoil, it is a mechanism by which governments can quickly implement control over foreign currency transactions. Such a system can buy some extra time for the governments in their attempts to fix the inherent problem in their balance of payments. This extra time is particularly important for fixed currency regimes, which may be forced to completely devalue their currency and turn to foreign institutions for help.

Instead of depleting precious foreign reserves, the government diverts the heavy demand for foreign currency to the free-floating exchange rate market. Changes in the free floating rate will reflect demand and supply.

The use of multiple exchange rates has been seen as an implicit means of imposing tariffs or taxes. For example, a low exchange rate applied to food imports functions like a subsidy, while the high exchange rate on luxury imports works to "tax" people importing goods which, in a time of crisis, are perceived as non-essential. On a similar note, a higher exchange rate in a specific export industry can function as a tax on profits.

While multiple exchange rates are easier to implement, most economists agree that the actual implementation of tariffs and taxes would be a more effective and transparent solution: the underlying problem in the balance of payments could thus be addressed directly.

While the system of multiple exchange rates may sound like a viable quick-fix solution, it does have negative consequences. More often than not, because the market segments are not functioning under the same conditions, a multiple exchange rate results in a distortion of the economy and a misallocation of resources. For example, if a certain industry in the export market is given a favorable foreign exchange rate, it will develop under artificial conditions. Resources allocated to the industry will not necessarily reflect its actual need because its performance has been unnaturally inflated. Profits are thus not accurately reflective of performance, quality, or supply and demand. Participants of this favored sector are (unduly) rewarded better than other export market participants. An optimal allocation of resources within the economy can thus not be achieved.

A multiple exchange rate system can also lead to economic rents for factors of production benefiting from implicit protection. This effect can also open up doors for increased corruption because people gaining may lobby to try and keep the rates in place. This, in turn, prolongs an already inefficient system.
Finally, multiple exchange rates result in problems with the central bank and the federal budget. The different exchange rates likely result in losses in foreign currency transactions, in which case the central bank must print more money to make up for the loss. This, in turn, can lead to inflation.

An initially more painful, but eventually more efficient mechanism for dealing with economic shock and inflation is to float a currency if it is pegged. If the currency is already floating, another alternative is allowing a full depreciation (as opposed to introducing a fixed rate alongside the floating rate). This can eventually bring equilibrium to the foreign exchange market. On the other hand, while floating a currency or allowing depreciation may both seem like logical steps, many developing nations are faced with political constraints that do not allow them to devalue or float a currency across the board: the "strategic" industries of a nation's livelihood, such as food imports, must remain protected. This is why multiple exchange rates are introduced - despite their unfortunate capacity to skew an industry, the foreign exchange market, and the economy as a whole.

So to say it is illegal is a strong term. Maybe the term should be .....it would not happen to the individual investor. I gladly welcome someone to "teach me" and show me by Legal definition how it is possible and how "favoritism" can be shown to one and not another and how and who sets those standards.

*****************************

DAME » . Fixed Exchange Rates

There are two ways the price of a currency can be determined against another. A fixed, or pegged, rate is a rate the government (central bank) sets and maintains as the official exchange rate. A set price will be determined against a major world currency (usually the U.S. dollar, but also other major currencies such as the euro, the yen or a basket of currencies). In order to maintain the local exchange rate, the central bank buys and sells its own currency on the foreign exchange market in return for the currency to which it is pegged.

If, for example, it is determined that the value of a single unit of local currency is equal to US$3, the central bank will have to ensure that it can supply the market with those dollars. In order to maintain the rate, the central bank must keep a high level of foreign reserves. This is a reserved amount of foreign currency held by the central bank that it can use to release (or absorb) extra funds into (or out of) the market. This ensures an appropriate money supply, appropriate fluctuations in the market (inflation/deflation) and ultimately, the exchange rate. The central bank can also adjust the official exchange rate when necessary.

Floating Exchange Rates

Unlike the fixed rate, a floating exchange rate is determined by the private market through supply and demand. A floating rate is often termed "self-correcting," as any differences in supply and demand will automatically be corrected in the market. Look at this simplified model: if demand for a currency is low, its value will decrease, thus making imported goods more expensive and stimulating demand for local goods and services. This in turn will generate more jobs, causing an auto-correction in the market. A floating exchange rate is constantly changing.

In reality, no currency is wholly fixed or floating. In a fixed regime, market pressures can also influence changes in the exchange rate. Sometimes, when a local currency reflects its true value against its pegged currency, a "black market" (which is more reflective of actual supply and demand) may develop. A central bank will often then be forced to revalue or devalue the official rate so that the rate is in line with the unofficial one, thereby halting the activity of the black market.

In a floating regime, the central bank may also intervene when it is necessary to ensure stability and to avoid inflation. However, it is less often that the central bank of a floating regime will interfere.

At the end of World War II, the conference at Bretton Woods, an effort to generate global economic stability and increase global trade, established the basic rules and regulations governing international exchange. As such, an international monetary system, embodied in the International Monetary Fund (IMF), was established to promote foreign trade and to maintain the monetary stability of countries and therefore, that of the global economy.

It was agreed that currencies would once again be fixed, or pegged, but this time to the U.S. dollar, which in turn was pegged to gold at US$35 per ounce. What this meant, was that the value of a currency was directly linked with the value of the U.S. dollar. So, if you needed to buy Japanese yen, the value of the yen would be expressed in U.S. dollars, whose value in turn was determined in the value of gold. If a country needed to readjust the value of its currency, it could approach the IMF to adjust the pegged value of its currency. The peg was maintained until 1971, when the U.S. dollar could no longer hold the value of the pegged rate of US$35 per ounce of gold.

From then on, major governments adopted a floating system, and all attempts to move back to a global peg were eventually abandoned in 1985. Since then, no major economies have gone back to a peg, and the use of gold as a peg has been completely abandoned.

The reasons to peg a currency are linked to stability. Especially in today's developing nations, a country may decide to peg its currency to create a stable atmosphere for foreign investment. With a peg, the investor will always know what his or her investment's value is, and therefore will not have to worry about daily fluctuations. A pegged currency can also help to lower inflation rates and generate demand, which results from greater confidence in the stability of the currency.

Fixed regimes, however, can often lead to severe financial crises, since a peg is difficult to maintain in the long run. This was seen in the Mexican (1995), Asian (1997) and Russian (1997) financial crises: an attempt to maintain a high value of the local currency to the peg resulted in the currencies eventually becoming overvalued. This meant that the governments could no longer meet the demands to convert the local currency into the foreign currency at the pegged rate. With speculation and panic, investors scrambled to get their money out and convert it into foreign currency before the local currency was devalued against the peg; foreign reserve supplies eventually became depleted. In Mexico's case, the government was forced to devalue the peso by 30%. In Thailand, the government eventually had to allow the currency to float, and by the end of 1997, the Thai bhat had lost 50% of its value as the market's demand and supply readjusted the value of the local currency.

Countries with pegs are often associated with having unsophisticated capital markets and weak regulating institutions. The peg is there to help create stability in such an environment. It takes a stronger system as well as a mature market to maintain a float. When a country is forced to devalue its currency, it is also required to proceed with some form of economic reform, like implementing greater transparency, in an effort to strengthen its financial institutions.

Some governments may choose to have a "floating," or "crawling" peg, whereby the government reassesses the value of the peg periodically and then changes the peg rate accordingly. Usually, this causes devaluation, but it is controlled to avoid market panic. This method is often used in the transition from a peg to a floating regime, and it allows the government to "save face" by not being forced to devalue in an uncontrollable crisis.

Although the peg has worked in creating global trade and monetary stability, it was used only at a time when all the major economies were a part of it. While a floating regime is not without its flaws, it has proven to be a more efficient means of determining the long-term value of a currency and creating equilibrium in the international market. 

BLUWOLF UPDATE, 5 MAY


NOW FOR THE LONGEST TIME I HAVE STATED TO WATCH WHAT YOU GIVE OUT ON ALL SITES FOR YOU HAVE OVER  2,300 MOLES GOING AROUND WATCHING WHAT IS BEING POSTED. I HAVE ALSO TALKED ABOUT THE SILENT FACTOR AND THE SECURITY BEHIND IT.  I HAVE ALSO TALK TO THE EFFECT THAT WHEN THE END TIMES WAS TO COME AND WHEN YOU WILL BE ABOUT TO RECEIVE YOUR BLESSINGS SOME PLANTS [MOLES] WILL ACTIVATE AND COME IN TO CONFUSE YOU IN YOUR ACTIONS AND FOG YOUR CLEAR VIEWS WITH REFERENCE TO YOUR EXCHANGE. 

THESE PLANTS [MOLES] USUALLY WORK WITH GREEDY MONEY GROUPS, LAIN POLITICIANS OR SMALL GROUPS OF POLITICIANS, ALL  WHO ARE THERE FOR YOUR MONEY [DO NOT MAKE MISTAKES BE WISE, DO NOT FALL INTO THERE TRAPS ] AND TO CONTINUE TO DOMINATE YOU FINANCIALLY [ SEE THEY DO NOT WANT YOU TO PROGRESS WHATSOEVER]. 

THEY CONFUSE YOU BY REVIVING ALL ARTICLES THAT THEY KNOW HAS GROWN CONCERNS IN THE PAST LIKE THE SUBJECT OF THE 3 ZEROS.  IRAQ IQD NOW .00086,,,, IF YOU ELIMINATE THE 3 ZEROS = .86 US CENTS TO THE DOLLAR.....  1 US CENT FALLS INTO DOLLAR {EX. .99+.01=$1.00}. IT IS CALLED DOLLARIZATION AND YES IT HAS BEEN BROUGHT UP IN THE PAST.  NO TELLER OR BANK MANAGER WILL BE TAKING YOUR BILLS AND SCRATCHING OUT 3 ZEROS FROM IT. NO OFFICIAL BANKER CAN COME WITH THE BS LIKE '' NOW SIR THE DINAR IS NO LONGER WORTH 25,000. NOW IT IS WORTH 25.00 DOLLARS''

READ MY LIPS IT AIN'T GOING TO HAPPEN...

NOW THE REASON FOR THIS POST IS FINE AND SIMPLE, LOOK WHOEVER IT IS THAT IS OUT THERE, FOR WHATEVER EVIL GROUP YOU MAY WORK FOR, FOR WHATEVER AGENDA YOU MAY HAVE [TRYING FOR YOU ALL TO FAIL IN YOUR EXCHANGE,TRYING TO GET YOU TO GET THE LEAST OUT OF THIS BLESSING] I WANT YOU TO KNOW THAT WE HAVE MADE YOU AND THE MOST IMPORTANT THING GOD JEHOVA IS IN TOTAL CONTROL OF IT ALL AND GUESS WHAT WE WILL SEE IT IN JUST A FEW, SUGGESTION BACK OFF FOR THIS FREIGHT TRAN IS COMING THREW NO MATTER WHAT. 

NOW SOME FOLKS WOKE ME UP AROUND 1:40 AM TODAY TO TALK TO ME VIA TEXT  ABOUT THIS LOP [ 3 ZEROS ] ISSUE, SURE THEY SHOWED CONCERNS WHO WOULDN'T BUT ONCE I TOLD THEM OR STARTED TO EXPLAIN TO THEM THAT WE HAD COVERED ALL THESE THINGS AND THAT ALL IS IN RECORD AT ALL FORUMS, THEY WERE MORE AT EASE.  

FOR THE RECORD I WAS NOT MAD AT YOU ALL FOR YOUR CONTACTING ME FOR LIKE I HAVE ALWAYS SAID I WILL BE THERE FOR YOU TILL THE END OF THIS JOURNEY 24/7... FACT IS PEOPLE AND THIS WILL BE LIKE IT IS PPPPPEEEEERRRRRIIIIIOOOOODDDDD..... 

WE ARE ALL ON THE HIGHEST OF ALERTS [ BANKS, FOREX, GOVERNMENTS, COUNTRIES, AND THE MEN AND WOMAN OF THE WORLD. 

IT WILL BE HAPPENING SHORTLY [ RV/CE,PP,GS,ETC. ], NOTHING OR NO ONE CAN NOW STOP IT, THERE WILL BE MISINFORMATION [ KEEP AWAY FROM THE PLANTS FOR YOU MAY GET HEY FEVER ]. 

THE RATES SHALL BE LIKE SPOKEN TO YOU ABOUT IN THE PAST PERIOD [ THEY HAVE BEEN LOCKED IN ]. A WARRIOR LOCKS IN HIS ENEMY IT IS EITHER HIM OR THE ENEMY, HE HAS OVERWHELMING FAITH IN HIS SELF AND IN HIS GOD. AND HE SHALL WIN THE BATTLE IN THE END. 

I AM ONE OF THOSE  WARRIORS, HOW ABOUT YOU??  SURPRISE ME !!!!  AND MOST OF ALL DECLARE IT IN HIS NAME....FOR VICTORY IS YOURS SAIDS THE LORD FOR YOU HAVE PLACE YOUR FAITH AND NEEDS IN MY POWER AND IT IS DONE.. SHALA... 

BLUWOLF... FOR THE PLANTS JEJEJEJE AUUUUUU ( POST )

DISCUSSION OF MED, 5 MAY


Med says(6:23 PM):  SO HOW IS EVERYONE TONIGHT  I WANT TO POINT SOMETHING OUT

ranjoesgirl says(6:23 PM):sure

Med says(6:23 PM):BECAUSE NOTHING AT THE MOMENT IS BEING DISCUSSED IN THE NEWS DOES NOT MEAN IT ISNT HAPPENING THE PLAN WAS LAID OUT FOR US EVERY DETAIL HIT THE MEDIA ON THE PROCESS THAT WAS STARTING AND THE DIRECTION IT WAS GOING SO I HOPE YOU ALL REMEMBER THAT

ranjoesgirl says(6:24 PM): thanks for reminding us

Med says(6:24 PM): THEY ARE IN MY OPINION HAVING THE COINS MINTED OR DESIGNED AND THE CURRENCY DONE IF NOT ALREADY ALSO I EXPECT WITHIN 60 PLUS DAYS TO SEE IT DROP OVER 100 PIPS TO 1000
  ranjoesgirl says(6:26 PM): that would be nice and exciting

Med says(6:26 PM): THAT MEANS THAT THE DINAR INSTEAD OF SELLING FOR UNDER 1K WILL MOST LIKELY RUN TO THE HIGH WE SAW IT ABOUT A YR AGO WHICH WAS 1400 PER MILLION SO IF YOU PLAN ON USING ANY SPARE CHANGE DONT WAIT TILL IT IS TOO HIGH

ranjoesgirl says(6:27 PM): ok

Med says(6:27 PM): DO NOT RUN OUT AND BUY CUZ I SAID THIS IT IS JUST MY OWN OPINION IF I HEAR

foamgod says(6:28 PM): your a pumper lol

Med says(6:28 PM): THAT ANYONE DIDNT PAY BILLS CUZ OF ITI WILL BAN YOU FROM THE SITE

foamgod says(6:28 PM): just kidding

Med says(6:28 PM): I KNOW FG I DIDNT TAKE IT ANY OTHER WAY

ranjoesgirl says(6:28 PM): lol

Med says(6:29 PM): I HAD A WIFE CONTACT ME SAID HER HUSBAND WONT DO ANYTHING BUT SIT ON THE COMP AND ON THIS SITE  HE WONT WORK

ranjoesgirl says(6:29 PM): oh no

Med says(6:29 PM): SHE BEGGED ME TO HELP HER SO I DID

foamgod says(6:29 PM): I didn't know my wife had your number

Med says(6:29 PM): I BANNED HIM  LOL

ranjoesgirl says(6:29 PM): heehee foamgod

Med says(6:30 PM): I FIGURED YOU FOR A BACHELOR

foamgod says(6:30 PM): nope

Med says(6:30 PM): WITH ALL THE GIRLS OUT THERE YOU NEVER SAID THOUGH I NEVER ASKED

foamgod says(6:30 PM): married 23 years

ranjoesgirl says(6:30 PM): congrats fg

Med says(6:30 PM): GREAT FG

ranjoesgirl says(6:31 PM): thank you for the encouragement Med

Med says(6:31 PM): YW

MORE CHAT ADDED:

Med says(7:05 PM): HEY RJG

ranjoesgirl says(7:05 PM): here  yes

Med says(7:05 PM): WHAT IS YOUR?

ranjoesgirl says(7:05 PM): ok, with the removal of the protection May 22

Med says(7:05 PM): OK

ranjoesgirl says(7:05 PM): is this pushing Iraq to act?

Med says(7:06 PM):NOW THAT IS A GOOD ? DO I THINK BARACK IS DOING IT SO THEY MOVE  NO WILL IT POSSIBLY

ranjoesgirl says(7:06 PM):  ok

Med says(7:06 PM): HE IN MY OPINION IF HE DOES NOT IS FOR SEVERAL REASONS FIRST HIS TIES TO IRAN AND SUPPORT OF THE SYRIAN GOVT

Med says(7:07 PM): ALSO HE HAS SHOWN NO INTEREST IN PAYING OR SETTLING THE OUTSTANDING LAWSUITS  THAT WE ARE PROTECTING THE MONEY FROM THAT IS MY OPINION  NOW NOT NECESSARILY IN THAT ORDER   BUT I WOULD SAY THEY ARE THE REASONS WHAT DO U THINK

ranjoesgirl says(7:09 PM): ok, so we will be paying close attention after May 22 to see if the pips start moving down I personally think they need to move it or risk losing alot to the lawsuits

Med says(7:09 PM): HMMMM THE LAWSUITS ALREADY EXIST IT IS THE PAYMENT THAT HAS NOT HAPPENED   SEE WE HOLD MOST OF THEIR ASSETS ONCE WE SAY  OK BOYS COME AND GET IT IRAQ IS SCREWED

ranjoesgirl says(7:11 PM): ok. I see

Med says(7:11 PM): SEE UNDER CHAPTER VII THEY STRIPPED OF INTERNATIONAL LAW AND PROTECTION WHICH IS THIS  NO GOVT CAN BE SUED

ranjoesgirl says(7:11 PM): ok

Med says(7:11 PM): IRAQ DOES NOT HAVE THAT PROTECTION

ranjoesgirl says(7:12 PM): ok I understand

Med says(7:12 PM): I KNOW YOU WOULD NEVER THOUGHT OTHERWISE LOL

ranjoesgirl says(7:12 PM): that is why they need chapter removed so they can get protection back

ranjoesgirl says(7:12 PM): lol  *7

Med says(7:12 PM): NOW THAT IS A ? I NEED CLARIFIED ARE THEY PROTECTED FROM THAT DATE OF REMOVAL WHICH MEANS ALL PREVIOUS IS STILL OWED OR DO THEY GET RETRO

Med says(7:13 PM): I THINK THEY GET PROTECTED ONLY FROM THE DATE REMOVED

ranjoesgirl says(7:13 PM): ok thank you for helping clarify that for me Med

Med says(7:14 PM): NOW I CANT PROVE IT OK

ranjoesgirl says(7:14 PM): ok

Med says(7:14 PM): YW

ranjoesgirl says(7:15 PM):  I just was thinking this move might force the RV

Med says(7:15 PM): YES BUT HERE IS ONE GOOD THING BECAUSE OF THE WAY THE IMF AND WB SET UP CBI ONLY ASSETS OWNED BY THE GOI CAN BE TOUCHED CBI ASSETS ARE NOT PART OF THE GOI THAT IS WHY SHABIBI DIDNT WANT MALIKI TAKING OVER CBI IT WOULD HAVE DESTROYED IT

Med says(7:16 PM): ONCE THEY CLAIM IT IS NOT AUTONYMOUS ALL THOSE BILLIONS SITTING IN OTHER COUNTRIES ARE TOAST

ranjoesgirl says(7:17 PM): ok, I see I hope Mr. Turkri claims CBI as still autonymous

Med says(7:17 PM): THIS IS WHY  WHEN OTHER SITES MAKE BOLD STATEMENTS ABOUT SOME REDICULOUS RV I AM LIKE YOU SURE DONT DO YOUR HOMEWORK

ranjoesgirl says(7:18 PM): we just shake our heads at them

Med says(7:18 PM): I DONT MEAN THE RV IS REDICULOUS BUT HOW THEY CLAIM IT IS HAPPENING

ranjoesgirl says(7:19 PM): I agree, it is happening every day with them 8-)

Med says(7:19 PM): YES SEE AT ONE TIME I THOUGHT TWO THINGS  -- HAD TO BE OUT OF CHAPTER VII AND NEXT OIL AND GAS HAD TO BE PASSED

I DONT THINK EITHER HAS TO HAPPEN BUT THE OIL AND GAS WOULD BE NICE

Med says(7:20 PM): I DONT THINK IRAQ HAS EARNED IT'S WAY OUT OF CHAPTER VII I

PARALLEL IT LIKE THIS OK IRAQ INVADES KUWAIT MURDERS RAPES AND TORTURES AND SCORCH EARTHS THE COUNTRY STEALS ANYTHING NOT NAILED DOWN COST HUNDREDS OF BILLIONS WE SPEND OVER A TRILLION

Med says(7:22 PM): NOW SO WHAT IF THEY HAVE BEEN UNDER CHAPTER VII FOR 20 PLUS YRS SAME WITH CHARLES MANSON  WHO GIVES ***

ranjoesgirl says(7:22 PM): they are still a threat to some

Med says(7:22 PM): IF HE HAS BEEN IN FOREVER YES THEY BOTH ARE

ranjoesgirl says(7:22 PM): right, I agree

Med says(7:23 PM): YOU LEARN FAST OBI WAN

ranjoesgirl says(7:23 PM): lol

Med says(7:23 PM): THE FORCE IS STRONG IN THIS ONE LOL

ranjoesgirl says(7:23 PM): lol thanks Yoda... lol

Med says(7:23 PM): LOL

ranjoesgirl says(7:24 PM): great explanation Med, I'll add it to your previous chat  thank you

Med says(7:24 PM): OK NO TY SEE I KNOW THE ANSWERS BUT TOO MANY WONT ASK THE ? THEY JUST WANT ME TO TALK THAT IS NOT ME

ranjoesgirl says(7:25 PM): ok,with the denials coming out that the deletion of zeros won't be this year, that doesn't mean the nominal rate change won't be this year, cause it must happen first correct?

Med says(7:26 PM): YES THE NOMINAL VALUE CAN CHANGE ALL THEY MEAN IS THAT THE NEW DENOMS  WILL NOT

ranjoesgirl says(7:29 PM):  thank you for the question and answer session Med, I enjoyed it