Mnt Goat: "This means for instance a 25,000 dinar note exchanged for a 25 dinar note" (So Now The Goat Is Not Talking About A "RV" But A LOP? LOL) 1/1/22
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Mnt Goat: "This means for instance a 25,000 dinar note exchanged for a 25 dinar note" (So Now The Goat Is Not Talking About A "RV" But A LOP? LOL) 1/1/22
by RamblerNash Sun Jan 02, 2022 12:09 am
Mnt Goat
Many disbelievers still ask me “how can we be sure that Iraq does not redenominate to the lower denominations and then discontinue these older three zero notes, leaving us holding the bag”?...To answer this question, you must go back to 2011 when the plan was first exposed to us for the process to get to the reinstatement (currency reform) by the Central Bank, World Bank and the IMF. At this time, it was told to the Iraqi people... It was very clear in the articles at that time and later confirmed by Dr Shababi in interviews in 2015. What they told us was that these large three notes would stay as valid currency but no longer be in public circulation or use. They would be used solely for “inter-banking” transactions. There would be a collection process prior and the 1:1 exchange would take place within Iraq.
This means for instance a 25,000 dinar note exchanged for a 25 dinar note. Once the new rate was on FOREX, holders of the larger notes outside of Iraq would be allowed to exchange them for a period of time. This time period of 10 years was not precise and could be extended. In short, we know the currency we hold will be exchanged for the rate on FOREX because they told us so. Remember this is different in Iraq . There is no RV like we are looking for within the country. Remember Executive order 13303 allowed the U.S. to invest in this currency and the government could have stopped the import of these dinars at anytime if this was a scam. It is figured that 10 million people now hold these notes in some extent. Most just a few notes.
Many disbelievers still ask me “how can we be sure that Iraq does not redenominate to the lower denominations and then discontinue these older three zero notes, leaving us holding the bag”?...To answer this question, you must go back to 2011 when the plan was first exposed to us for the process to get to the reinstatement (currency reform) by the Central Bank, World Bank and the IMF. At this time, it was told to the Iraqi people... It was very clear in the articles at that time and later confirmed by Dr Shababi in interviews in 2015. What they told us was that these large three notes would stay as valid currency but no longer be in public circulation or use. They would be used solely for “inter-banking” transactions. There would be a collection process prior and the 1:1 exchange would take place within Iraq.
This means for instance a 25,000 dinar note exchanged for a 25 dinar note. Once the new rate was on FOREX, holders of the larger notes outside of Iraq would be allowed to exchange them for a period of time. This time period of 10 years was not precise and could be extended. In short, we know the currency we hold will be exchanged for the rate on FOREX because they told us so. Remember this is different in Iraq . There is no RV like we are looking for within the country. Remember Executive order 13303 allowed the U.S. to invest in this currency and the government could have stopped the import of these dinars at anytime if this was a scam. It is figured that 10 million people now hold these notes in some extent. Most just a few notes.
RamblerNash- GURU HUNTER
- Posts : 24222
Join date : 2015-02-19 
Similar topics» Mnt Goat snippet -- they are now talking to raise the value of the dinar and not devalue it as an alternative.
» Mnt Goat: "They are not saying that the devalued rate of the dinar will remain for 4 years" (They Are Not Talking About A "RV" Either LOL) 5/19/21
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» Mnt Goat: "They are not saying that the devalued rate of the dinar will remain for 4 years" (They Are Not Talking About A "RV" Either LOL) 5/19/21
» Mnt Goat says - I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3
» Mnt Goat: "Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it" (So Much For Jan. 2022! LOL) 12/1/21
» Mnt Goat: "...they are clearly talking about a pathway to returning the dinar to its glory days prior to the 1990’s invasion" Oh? What's The "White Page" Page Number? LOL) 9/15/21
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