8Ball Chat log 11-7-2011 Maynard57 post PTR Forum 11/07/2011

[silkysand]

Provided By:Dinar Recaps
07:15:258ball
already

Hello...!!!!
Is there anybody out there ?
.....well.....
The IMF wanted more CBI banks in each province
We have an Iraqi who is a Kurd that works with Astro
He said that Iraqi's hate their money
and prefer to use USD
Because of the buying power
So I think the IMF knows how much USD are actually in Iraq ...plus ...minus a few billion ...
So that when the RV occurs there will be an exchange back to IQD in Iraq
the Iraqi's will prefer to use IQD... depending on how high the RV is.... in value
will mean how much gets exchanged ..... coins.... .01 dinar .05 dinar .10 dinar .25 dinar .5 dinar
will be new

07:30:44dsny2020
that would tell us that it has to be at least a one to one exchange

07:30:588ball
you are correct
actually I was going to type that
I believe these are the coins they are talking about

07:31:37dsny2020
saved you a little typing

07:31:458ball
yes you did and GM

07:31:51dsny2020
gm

07:32:098ball
then the change over of high denoms
price changing
the point is that the distribution of the coins and new bills
will be a very large undertaking

07:33:18dsny2020
yes it will

07:33:278ball
and Iraq may be under estimating this task
where the IMF is planning

07:33:48dsny2020
i think the imf knows this

Read More Link on Right

07:34:058ball
rather then have the money being distributed from two points
and being returned to two points for destruction
the handling of the exchange is very important

07:34:55dsny2020
mass confusion

07:35:228ball
you don't want the currency being exchanged a few times into circulation

07:35:33dsny2020
you don't want a bunch of people waiting in line outside of a bank

07:35:508ball
well it will be a large change
people normally don't like change

07:36:37dsny2020
true

07:36:398ball
so I think the IMF is correct with asking the CBI for more branches
BUT it looks like the CBI will just ....Deputize ..... State Banks

07:37:29dsny2020
i hope we don't have to wait for them to build new offices
oh...good

07:37:518ball
for exchanging to small denoms, coin distribution and USD return
Large denom return also
Once the troop pullout happens
Iraq will gain it's sovereignty

07:39:36dsny2020
someone said they are pulling out troops already

07:39:578ball
yes they are
Our formula for the RV = Formed Government
this means that the US should be withdrawn
Chapter 7 lifted
Government formed

07:42:15dsny2020
i hope we see our rv after parliament gets back this week

07:42:338ball
If we say that the final troop leaves Dec 31st 2011

07:43:08dsny2020
then we wait until dec 31st i guess

07:43:298ball
then the start of the money exchange should happen 30 days out, 45 days out, 60 days

so if we take thirty days out from Dec 31st - this is Dec 1st announcement of exchange policy or just implemented

45 days out from Dec 31st is Nov 15th

Now.... Nov 15th seems to be lined up with the parliamentary restart

07:46:05dsny2020
yes it does

07:46:088ball
Parliament is set to restart Nov 10th

07:46:26dsny2020
i like nov. 15th

07:46:578ball
So my bet is that the emergency parliamentary meeting implemented the RV policy
called the holidays
so that the CBI and government are out of session
until the restart

07:48:08dsny2020
so this coming weekend could be a good weekend for us

07:48:358ball
hiding what is done since it is unannounced

07:49:27dsny2020
i believe they are hiding things

07:49:308ball
Just trying to guess the guy who is doing the logistics planning
for the RV since they will need trucks ...transports..... lots of transports

07:50:30dsny2020
i would like to be friends with that guy :-D

07:50:358ball
and the banks may already have the coins and small bills waiting to be released
So we are waiting on the announcement

07:51:31dsny2020
i have thought that for awhile
bring it on

07:51:538ball
and that's why I think the IMF asking for more branches ....means something....

07:52:40dsny2020
true
they would not need them if there was nothing changing

07:53:278ball
G20 meeting ends with EMPOWERING the IMF for world monetary policy

07:53:43dsny2020
that says alot

07:53:538ball
So country's will drop the devaluation policy's

07:54:28dsny2020
i hope we see some changes with china this week
i hope we see some changes from china this week

07:55:278ball
and let the IMF control the country's balance of trade through currency adjustments
hand to retype that one

07:55:54dsny2020
a fair playing field

07:56:398ball
it makes the playing field easier to make money
since the currency devaluations don't hit you

07:57:31dsny2020
will help everyone

07:58:138ball
well it will allow the US to actually de-valuate the USD to bring jobs back to the US

07:58:15dsny2020
except the guys munipulating the system
that would be great

07:58:398ball
but it will be rolled out in the form of RV's

07:59:25dsny2020
what kinda rate do you think the dong will come out at
i have heard .03-1.50

07:59:558ball
well we have heard .02 to .30


08:00:16dsny2020
was always told .20-.30

08:01:128ball
But you have to remember everyone has to move with it as far as the Asian's
in order to keep it economically working
I'm sure someone has the plan

08:02:27dsny2020
if china goes higher could that drive the dong higher

08:02:588ball
you have to remember that the "RV - G20 currency re org" has been going on since 2002
and we really need it NOW....!!!!!!!

08:03:42dsny2020
i'm sure someone knows what all the rates will be

08:03:498ball
Yes China and Vietnam are tied together
I think if you were a fly on the wall in the G20 meeting you would know all the rates