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Bloodloch: "Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities..." (Yada Yada Yada) 10/4/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Bloodloch: "Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities..." (Yada Yada Yada) 10/4/19

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Bloodloch: "Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities..." (Yada Yada Yada) 10/4/19 Empty Bloodloch: "Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities..." (Yada Yada Yada) 10/4/19

Post by RamblerNash on Fri Oct 04, 2019 11:21 pm

Bloodloch  

[reference sandyf post 10-3-2019]    "The CBI has an IQD denominated liability in respect of the currency that has been issued. This liability is underpinned by assets but the bulk of the assets are foreign currency denominated. If the IQD were to rise in value the liability would increase but the asset value would remain the same. There is only about 8% equity in the CBI accounts so it would not take much of a rise in the value of the IQD for the CBI to be bankrupt."  Companies, institutions, central banks, and everyone else on planet Earth use a single valuation unit to record and report their assets, liabilities, and equities, said unit usually being their respective national currency.  In the case of the CBI financials, it is all valued in Iraqi Dinars, period. All the assets. All the liabilities. All the equities. All IQD.


10/4/19
RamblerNash
RamblerNash
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