New Currencies around the World! photo link
Posted By: Maryhrt [Send E-Mail]
Date: Tuesday, 24-Apr-2012 12:54:40
Date: Tuesday, 24-Apr-2012 12:54:40
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Tuesday, April 24, 2012
New Currencies around the World! photo link
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Iraq halts plans to cut zeros off dinar currency-cabinet.
http://www.reuters.com/article/2012/04/12/iraq-currency-idUSL3E8FC8G120120412
and look at the article about Iraq NOT revaluing their currency. Disappointing.
Look at the Iraqi Dinar and read the article posted by Reuters dated April 12, 2012. It clearly stated Iraq had planned on RVing the dinar in September but are now holding off until a later date. Just goes to show you these dinar gurus are scammers and their intel was a con. They've been feeding the sheeple a line of BS.
This blog will post info & intel when it comes available. The ref article is about the removal of multiple zeros bills, period.
If the IMF is behind this "basket" of new currencies, it seems to me that you can count on the restoration of the Republic as just a delusion. Anyone care to point out something more promising and optimistic?
The closer we get to our destination the more off ramps appear. I don't trust any organization at this point since the new world order controls all news agency....the last time I looked Reuters is a news agency. The dinar revaluing is still on and mass arrests are still going to happen; and likely a few Reuters associates to go with them. I do agree, though, that the gurus are mostly full of shit.
JOHN MANY OF US OUT HERE RESPECT YOU VERY MUCH! BUT PLEASE GIVE US YOUR INTEL, NOT THESE LYING GURUS AND IF THEY ARE NOT LYING WHO IS ??????????/ GIVE US YOUR INTEL FROMMAYBE THE TRUSTEES OR SOMETHING MORE REAL!! THANK YOU
Quote from the article: "The central bank has kept the dinar fixed at 1,170 dinars to the dollar in its daily auction but it recently moved to revalue the dinar slightly to 1,166 dinars after demand for the U.S. currency soared." QUESTION: Can someone please explain to me how the Dinar will go from 1170 dinars to 1 dollar, then to 1166 dinars to 1 dollar ...... then suddenly to 1 dinar to 10 dollars or 1 dinar to 30 dollars or 1 dinar to 40 dollars?
The article and the banknote blog are misleading.
Why is the article showing dinars to dollars
"HUGE PROCESS
The central bank has kept the dinar fixed at 1,170 dinars to the dollar in its daily auction but it recently moved to revalue the dinar slightly to 1,166 dinars after demand for the U.S. currency soared."
but the banknotes site mentions it as
"revaluing the dinar 1,000:1"
Unless my math is wrong, $1000 buys less and less dinar - which was was the revaluation supposed to go? For them to have to give less Dinar for our dollar or for us to get more dollars if we give them back their Dinar?
If not Sept, when?
Why would it be too much trouble to handle your own currency?
Iraq halts plans to revalue dinar
Apr 16, 2012 07:50 AM Category: Middle East
According to a Reuters article dated 12 April 2012, Iraq has decided not to move forward with revaluing the dinar 1,000:1 this coming September as originally planned, because cabinet secretary Ali al-Alaq says the economic climate is not suitable for such a move. The redenomination is on hold "until further notice."
Tags: Iraq
So disappointing. A news article recently quoted Shabibi as saying the newly printed denominations will be out in January 2013. Nothing about revaluing. Reality just set in. At least now we can get on with our lives instead of playing a pipe dream. Thank you John for posting this link. God Bless you.
Here is the Reuters article, it doesn't mention revaluing, or September. A Thank you to Anonymous 4/24/2012 10:31am for the link:
Cabinet says stops plans to redenominate dinar "until further notice"
* Iraq has over 30 trillion Iraqi dinars in circulation
* Plan to trim zeros not seen as a priority
By Aseel Kami
http://www.reuters.com/article/2012/04/12/iraq-currency-idUSL3E8FC8G120120412
BAGHDAD, April 12 (Reuters) - Iraq has decided to hold off on a plan to knock three zeros off the nominal value of bank notes of its currency because it does not believe the economic climate is suitable, the cabinet secretary said on Thursday.
The central bank said last August it planned to redenominate the Iraqi dinar to simplify financial transactions in an economy that is still heavily centralised and dominated by oil, and where deals are often carried out in cash.
The proposal to restructure the dinar to bring more liquidity into the market has been awaiting parliamentary approval since last year.
On Thursday, a statement on the website of the cabinet secretary said the cabinet had decided to halt all procedures relating to the redenomination of the dinar "until further notice".
"The economic committee discussed this issue and so did cabinet ... There is a possibility that it could cause some problems in the economic situation. Besides that, this operation is so big that cabinet sees circumstances are not right to control this," cabinet secretary Ali al-Alaq told Reuters.
Iraq is slowly getting back on its feet after years of war and sanctions. Oil accounts for 95 percent of government revenues and the country's banking system is still highly underdeveloped.
HUGE PROCESS
The central bank has kept the dinar fixed at 1,170 dinars to the dollar in its daily auction but it recently moved to revalue the dinar slightly to 1,166 dinars after demand for the U.S. currency soared.
The central bank said it also had to tighten regulations over who can participate in the auctions as Iraqi traders sought to snap up dollars for resale in neighbouring Syria and Iran, both under Western economic sanctions.
Sales of dollars in currency auctions held by Iraq's central bank rose as high as $400 million on some days in December from a previous average of $150 million, according to central bank data.
"We have more than 30 trillion dinars in circulation. To withdraw this amount from the market and then to examine them and to dispose of them is a huge process. Even the technical and the monetary capabilities to control a process like this, we consider as insufficient and it is not seen as a priority currently," Alaq said.
The central bank says Iraq's large foreign reserves, which have risen to a record $60 billion on the back of high oil prices, will shield it from any damage to its financial system on the national level.
OMG!
Unless someone says the Reuter article said September, then no one said it.
That's why people can't verify facts, they want to say they did their research and they looked in one place.
Go look again, there is a link that if you look in it, it contains links.
Here's a clue, how about using that Find tool in your browser and see if you can 'Find' the word September, and then maybe you'll get some understanding of 'nested' ideas in a blog that is a link containing a link containing a link.
People don't have time to help you catch up while you post like you know everything, and by the way, I'll be something if Reuters had such a tough copyright that you can't post entire contents without advanced permission.
Maybe you can research that too!
That's why I said before...Reuters is just like CNN, Fox, HLN, MSNBC, CNBC and almost every other news source on the planet. They are owned and paid off by corrupt beings and are most misleading and most misdirectional. You cannot trust the news in any way shape or form. You can look at the bobble-head girls with big white teeth and the talking mascots who belittle Ron Paul but you cannot trust them....ever. Only Judge Napolitano and perhaps Dylan Ratigan. I know of no other.
It is obvious that unless and until anyone can figure out the bigger picture of what is taking place on the grandest of scales on planet earth in this very momentous timeline in order to bring the world forward out of the ditch of death, dis-ease and destruction.
Your mind is set up to automatically default into negativity from being programmed and bar coded in between lifetimes, bar coded just like the products you buy in a store, which causes the tremendous confusion for uncertainty continuing on a negative path for your not-so-bright future and demise, implemented from a bombardment of mind control tactics upon your psyche to keep the behavior at the level of a bunch of pessimistic smart ashes, that could not change the world for the better if their lives depended on it.
Very grave psychological circumstances indeed. The denial is high and the truth is gonna hurt'cha, because most are unfamiliar with what that is, since living a lie in a matrix of illusion in a delusion is keeping you that way without your knowledge of it ever taking place.
Surprise surprise. The truth has nothing to do with what you currently think you know or understand. Nothing. You know no-thing to your true inherent nature of a human being. That information is going to cause you to change where otherwise you cannot, you are stuck in groundhog day and need serious help correcting the negative behavior patterns of suppression, depression oppression and repression in a parasitic vampiristic lifestyle of genocidal tyranny as a war like creature.
When I was in Baghdad Iraq the state department workers were buying dinar up with all of the spare money that they could invest. They told me when I asked that before the war that their money was $3.44 and will revalue back one day like Kuwait’s did.
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