Stryker Blog 08.02.2013
“Lack of financial liquidity in banks”
Once again, we see that Iraq is suffering from a lack of
liquidity
(dinar) in the banks and market place. Here are just a
few quotes and links to back up what I am saying:
08.01.2013:
QUOTE: this date is not accurate, ministry is not
formally identify any date for the launch of the advance so far
QUOTE: depends on the availability of financial liquidity
in the banks, and …
QUOTE: lack of financial liquidity to banks
LINK: Financial talk about the advance of the launch date
(100) salary and says wait liquidity
OK, so that one was from yesterday but what about today?
Well here is a complete different article and not a
reflection of the yesterday article above:
14:27 02/08/2013
QUOTE: Finance Minister the lack of liquidity
LINK: Finance parliamentary: 150 million dinars advance
staff accommodation
So I wanted to go get the rest of these type of articles:
29-07-2013
QUOTE: "There is a problem of liquidity for the
banks”
QUOTE: "the ministry is working hard to address
constraints”
LINK: The launch of the 100 salary advance next October
Here is a very interesting one from the man himself just
last month, Dr. Sinan Mohammed rida Al-Shabibi:
Posted on 16/06/2013
QUOTE: "monetary policy that draws Iraqi dinar from
the market, which reduces the pressure of liquidity”
LINK: Dr. Sinan Mohammed rida Al-Shabibi *: auction of
foreign currency. Central Bank crisis or crisis economy?
Here is one from the Kurdistan region:
04/01/2013
QUOTE: “lack of liquidity in the banks”
QUOTE: “high value of the dollar in the markets Kurdistan
region due to lack of liquidity in the banks”
QUOTE: “specialists attribute the reasons for this rise
to a lack of the Iraqi dinar in the banks”
QUOTE: “Rasheed attributed the reasons for the high
dollar also to the lack of liquidity in the banks”
Link & Title: Stryker's Break Down Follows: Lack of
liquidity raises the dollar in Kurdistan
Alright, there are more but this is enough to bring us
all the way back to June 25, 2011 where I am going to give you several quotes
and then you can go to the link and read the complete article.
Iraq’s Central Bank to delete zeros from Iraqi currency
25-06-2011 - 12:23
QUOTE: Iraq’s Central Bank announced on Thursday that it
is planning to delete the zeros from the Iraqi currency.
QUOTE: This step is “one” of the bank’s strategic
missions
QUOTE: The zeros that were added to the Iraqi currency
previously constituted a large money supply up to 28.500 trillion Iraqi Dinar
and
5 trillion banknotes”,
QUOTE: “The Central Bank has prepared all requirements
needed to delete the zeros from the Iraqi Currency”
QUOTE: The monetary policy of the bank aims to structure
and reduce the currency in a country moving towards an economic phase
PAY SPECIAL ATTENTION TO THE FURTHER BREAK DOWN OF THE
ONE ABOVE:
QUOTE: “moving towards an economic phase”
MEANING THAT THEY JUST ANNOUNCED THAT THIS WAS ONE OF THE
PHASES NOT THE FINAL PHASE
QUOTE: The project of deleting zero’s is complete
THE PROJECT OF DELETING ZERO'S IS COMPLETE AS TO STARTING
THE FIRST PHASE WHICH IMO WAS THE START OF REMOVING THE LARGE MONEY SUPPLY.
WHICH HAS BEEN CAUSING THE LOW LIQUIDITY ARTICLES THAT WE
HAVE READ ABOUT AND THAT I HAVE POINTED OUT IN ALL THIS QUOTES AND LINKS …
MOVING ON..
QUOTE: The mechanisms of changing the currency will be
gradual.
NOW HERE IS THE BIG ONE MY FRIENDS AND WHAT PROVES MY
POINT:
QUOTE: “The new currency will be printed after deleting
the zeros”
PHASE 1. WHICH IS WHAT THIS ARTICLE IS STATING; REMOVE
ZEROS
PHASE 2. PRINT NEW CURRENCY
PHASE 3. CURRENCY REFORM-EXCHANGE OLD WITH NEW
AND NOW THE ICING ON THE CAKE:
QUOTE: On June 19, Iraq’s Central Bank Governor Sanan Al
Shebeibi affirmed during the meeting of independent commissions with Prime
Minister Nuri Al Maliki that the bank is preparing all requirements needed to
replace the Iraqi Currency
THE PROJECT HAS ALREADY STARTED BY THE FIRST PHASE OR AS
THEY SAY HERE:
QUOTE: This step is “one” of the bank’s strategic
missions
“ONE” MEANING THERE ARE MORE AND IMO WE ARE AT THE FINAL
STEP OR PHASE
QUOTE: The mechanisms of changing the currency will be
gradual
iraqs-central-bank-to-delete-zeros-from-iraqi-curr
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