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Sunday, October 25, 2015

TNT CHAT UPDATE & TMAN23 TIDBITS, 25 OCT

TNT: 

H:  Remember, as Ray is saying, it has already happened, otherwise people wouldn’t have already exchanged…..our time is coming, but probably not today
TBarts:  Believe to receive!
NurseGinger:  We are all millionaires~People with dignity, class and grace. …  Group Hugs To All Future Noble Millionaires ….Believe It, Receive It, Achieve It!
******

tman23
  
 The reason the 50 note was pulled is the CBI is going to lift the 3 zeros...A 5000 note will become 50. Make no mistake they are going to lift the 3 zeros from the nominal value of the currency.

So the value with lifting the 3 zeros would be as such...a 25,000 note is .00086 or $21.50 usd...lifting the zeros the note is 25 at .86 and equal to $21.50 usd.

Now to go to 56 cents is a 30 cent devaluation and a 25 BECOMES $14.00 usd (a loss of $7.50). The argument is...They are not going to take away the 3 zeros from the currency...BUT the fact is they are! They will! AND they have said as much in ink.

BUT...The new currency must come first as a prelude to the removal of the 3 zeros.
....

So the 25k notes and three zero notes will see a value because the lower denoms will be out...but the new currency with the new value will be only a short time before they lift the 3 zero accounting off 3 zero notes. 

The governments supporting this will never allow this value of money to be floating around for long.  It requires a short exchange window time period.

WE know they are eliminating corruption and accounting in the trillions with adding 3 zeros makes it easier. They are going to lift the 3 zeros and need to do so before/start of 2016.

And by the salary ladder they have announced...it works to values around $2.66 per dinar.

That being said: In what world does 10 cents or 56 cents work on new currency without 3 zeros.

The hype about what the IMF says is being read through IQD speculator goggles...the IMF will never give a hint to more value coming to currency...

AND it appears that even political groups in Iraq don't have a clue as they demonstrate over the new salary ladder.  Watch the retirement pay scale adjustment.

The Iraq citizen in the USA getting 1 million IQD per month on QI card...the adjustment coming to around 325 thousand IQD..which when exchanged equals the same $860 usd (if valued at $2.66)...this is why the salary ladder and retirement law and rescaling of payments is so positive that change is coming in the value. 

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