Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchMemberlistFAQLog inRegister
Help Us Drain the SWAMP in DINARLAND

REPORT TONY RENFROW for violating his Court Order to stay away from Dinar -

Judge's email: ksd_murguia_chambers@ksd.uscourts.gov
PHONE - 913-735-2340

DA's email: Scott.Rask@usdoj.gov
PHONE - 913-551-6730
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Rich B says - There can NEVER be A Dinar RV the way the gurus say

Go down 
AuthorMessage
Ponee
Admin
Admin
avatar

Posts : 34661
Join date : 2011-08-09

PostSubject: Rich B says - There can NEVER be A Dinar RV the way the gurus say   Wed Nov 15, 2017 10:26 am

Dinarian Rich B -- 




The CBI can never revalue for the simple reasons


1. there is over 40 trillion dinar in circulation (over 3 times the worlds money supply) which would instantly bankrupt the country, 


2. floating the dinar is the replacement for the daily currency auctions in which the CBI profits. If they were to revalue, they would be short changing themselves on the commissions they can make as the dinar appreciates, and 3. nobody would "buy" it up. 


You cannot buy what does not exist. 


A float is just like any other country who floats and you can see in those models, nobody is buying up those currencies beyond the international financial environment. 


The CBI does expect and want it's currency to traded through the global financial system as well as the markets. Though there has been comments published in the past about a 1 to $1 rate, it was never stated it would occur overnight. In fact, it simply cant

*****************
Back to top Go down
View user profile
RamblerNash
GURU HUNTER
GURU HUNTER
avatar

Posts : 12175
Join date : 2015-02-19

PostSubject: Re: Rich B says - There can NEVER be A Dinar RV the way the gurus say   Wed Nov 15, 2017 10:57 am



The only way the Dinar gets close to a 1:1 is when they do the re-denomination that has been in the plans for years.


At the current CBI rate, the new notes, that nobody has, will be 1.18 to $1 USD.

The notes that everyone has now will be 1,184 to $1 USD.

How many folks still believe that the 1,000 note is going to be worth 1,000 of the new 1 notes?
Back to top Go down
View user profile Online
 
Rich B says - There can NEVER be A Dinar RV the way the gurus say
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: CHATTER from DINARIANS-
Jump to: