Saturday, March 31, 2018


31-2018   Newshound Guru Whitelions    for what it's worth Iraq is bring in all kinds of new business, opening banks, training tellers, giving low interest loans no almost no collateral...awarding contracts and still trying to hold an election... this is not a country that will do all this just to stay a sh*t rate.

3-31-2018   Newshound Guru Walkingstick
   Adding to that, details... specifics of the process.. is and has been in motion... revealed, to the Iraqis themselves ...then,  we will ever know/read of...   That info will be released within the article/s when released.. Stated, many times... the process, its means ..can be launched in a number of different manners... The notes, their denomination... in question, would be launched for a number of pertinent reason/s...  not arbitrarily, or haphazardly.. it, will be... for reason/s.  (post 2 of 2)

3-31-2018   Newshound Guru Walkingstick   [...will the article(s) announce the entire process or will there be several that piece together the whole situation like: ATMs, International MasterCard, Lower Denoms etc. One could say the launch already started with the MasterCard release?]   In brief, yes... in a succinct manner, with enough understanding/ information to eliminate any confusion... Coupled, with the launch ... there, will be.. many more to follow .. as the process dictates, more information will be released...  [post 1 of 2....stay tuned]

3-31-2018  Newshound Guru  Kaperoni‏   We've talked about this for years and used factual information to support what the plan really is including actual words from the CBI.  The deletion of zeros is not a single event it's a process in which they gradually raise the value which could take several years once they started.  In fact one of the latest instructions from the CBI stated that they will continue to accept the old currency for up to 10 years.  The CBI also stated but the Iraqi dinar will join the world currency markets which is Forex.  The IMF also instructed the CBI to move to a more liberal exchange regime (float) to allow the dinar to appreciate based on the Balassa-Samuelson effect.  These are actual facts...and studying and learning how monetary policies work is critical to understanding what the dinar will do. The physical note account cannot be reduced until they begin to float the currency in which then they can collect notes as they are deposited and destroy them.  This is part of the reason why the process could take 10 years because it's going to be gradual over time.  Not to mention the CBI has stated over and over again as recent as a week ago that there's 60 trillion Iraqi dinar outside the banking system in homes (in mattresses under beds etc.)

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