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Saturday, April 11, 2015

DINAR IRAQ & DONG VIETNAM UPDATE, 11 APRIL

DINAR IRAQ & DONG VIETNAM :AS FAR AS THE LAWS…MR [MONETARY REFORM] DOESNT NEED LAWS…NEEDS ADMINISTRATION, ORGANIZATION, AND MAYBE COMPUTER/BANKING MACHINE UPGRADES AND TRAINING- DONE, DONE AND DONE! LAWS CAN COME AFTER OR ANYTIME OR SIMULTANEOUS…AND…THE CBI DOESNT NEED PARLIAMENT TO BRING ON THE NEW IRAQI DINAR… THE CBI MEETING WITH THE FINANCE COMMITTEE, AS REPORTED…ABOUT MANY MANY ISSUES, WE KNOW HAVE BEEN WORKED ON FOR A LONG TIME…TELLS ME THEY ARE AT THE END OF THE LINE…THE COMPLETION OF THE IRAQI MONETARY REFORM PLAN…OR THEY WOULDNT BE TALKING OUT LOUD, AT ALL!
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Article quote: “Parliamentary Finance Committee revealed on Thursday that the Central Bank is likely to issue a large coins in order to minimize the number…”
THIS THEORY SEEMS TO SUPPORT WHAT SOME HAVE BEEN SAYING, THAT IS, THE CBI WANTS TO REDUCE THE AMOUNT OF PHYSICAL NOTES IN CIRCULATION, WHICH WILL THEN IN TURN STABILIZE/INCREASE THE VALUE OF THE DINAR… BY ISSUING LARGER “COINS”/ NOTES, THEY CAN GET SMALLER NOTES OUT OF CIRCULATION./…. IE; 5 / 10K NOTES OFF, AND 2 25K NOTES INSTEAD…THUS REDUCING NOTE COUNT BY 3. IMHO, I DO NOT UNDERSTAND THE ECONOMICS/ACTUARIAL/STATISTICALLY SPEAKING/LOGIC OF THIS THEORY.
HOW DOES THE PHYSICAL NOTE COUNT, HELP IN ANY WAY SHAPE OR FORM, INCREASE OR DECREASE THE VALUE OF THE DINAR, OR THE “STRENGTH” OF THE DINAR. TO ME, THE TOTAL VALUE OF THE CURRENCY OUT IN CIRCULATION, IS THE FACTOR! PRINTING MORE MONEY IS BAD, CAUSE WE ARE ADDING MORE $$$$ VALUES OUT IN THE MARKET…AGAIN, IT IS EXACTLY AS I AM STATING AS THE REASON FOR MY OPINION – IT IS NOT ABOUT THE PHYSICAL NOTE COUNTS, IE HOW MANY PHYSICAL NOTES OUT THERE, IT IS ABOUT HOW MUCH VALUE IS OUT THERE..AGAIN IMHO.
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