I READ THIS YESTERDAY, BUT WANTED BONDLADY TO BREAK IT DOWN,RE IRAQ AND THE DOLLAR !! GOOD READ !!!

[BondLady] Traders are involved in damage to the opportunity of the Iraqi economy ..

Officials are turning their homes into shops for the banking pending delete zeros dinar 20/7/2011.

The future of Iraq / special with the approach of the countdown to reduce the zeros of the Iraqi currency by three zeros to the bottom step of the Central Bank of Iraq to rearrange the rules of the Iraqi economy, began to supported groups inside the Green Zone, assigned to currency traders collect and store a currency U.S. dollar in preparation for phase determine how zeros of the Iraqi currency and Tbdlleha to become a thousand dinars, dinars, and access to the numbers Alumblyaria that invaded the culture of the Iraqi economy. source from inside the Green Zone, says that some of the condos with leaders and officials and officers turned to the banks not matching the specifications of the storage of financial because they were filled with U.S. currency the dollar, a gain is added to the dealers in this matter than profit rate of 100%, where it will be the amount sold by the Iraqi currency and buyer of U.S. currency the dollar is the same amount will buy him the Iraqi dinar once again after the whistle of the Iraqi currency. This process has affected and three days ago at the level of trading of the currencies in central Iraq but are invisible to this moment, but will cause major problems on the economic level for the next period.

[BondLady] traders the opportunity who make a living on such stages are active in damaging the Iraqi economy and raise the crisis between the people who started many of them converts from its own funds to the U.S. currency, an approach that is almost universal in Iraqi markets you are looking for safety in the maintenance of its financial resources by turning them into dollars and then deal with the new Iraqi currency, Valqnaah that prevail in the market now, that the process of replacement of zeros of the Iraqi currency, which is moving the government seeking to implement it during the period between this month and the end of this year. It is expected to break out conflicts and problems in society and in the Iraqi economy if the project was carried out without the education and promotion by the government in the media and open channels of its own government to alter the currency and not to rely on the black market and banking companies, which accuses currently being fed the subject of rumors about what will happen with if the project was implemented as a means to increase the chances of speculation by raising the purchase price of the dollar against the Iraqi dinar in the exploitation of blatant ignorance of the public the fact that a step the central bank. constituencies economic demanded an integrated program for public awareness and offer transparent to the deletion of zeros, because these decisions are not just decisions purely financial, but is located in the into the daily life of citizens. http://www.almustakbalpa ··· ?ID=5973 .......... http://www.bondladyscorn ··· os-dinar

[JohnnyZ] welcome and sit on hands

[BondLady] now let me start with this

[BondLady] let me take u back to Kuwait

[BondLady] when we 1st went into Kuwait

[BondLady] to free them from saddam

[BondLady] there currency was pretty high per the exchange rate

[BondLady] so really the people thought

[BondLady] that with the war an us coming in an basically bringing more war in but to oust saddam

[BondLady] the people thought their currency was crushed

[BondLady] basically like iraqs when we went in to free iraq from saddam

[BondLady] the kuwait people thought there currency devalued

[BondLady] when in reality it hadnt

[BondLady] so the traders an crooks who knew the real rate

[BondLady] began to buy the kd from the people

[BondLady] an the people thinking they were getting a good deal sold off there kuwait dinars for basically pennies on the dollar

[BondLady] but the bank never devalued it an many people made money off these people cause they didnt know any better

[BondLady] now in this article

[BondLady] we see where its kinda like that was

[BondLady] the traders know something is about to happen with the iqd

[BondLady] so there setting up places in houses an probably giving them a little better deal by pennies to trade out for usd

[BondLady] maybe just straight across per usd

[BondLady] we dont know what the rate is there giving but it cant be much because the exchange rate is still 1170

[BondLady] but these traders know there is about to be a change

[BondLady] an the poor iraqis only see that they know there going to get a smaller currency with out the 000 on them

[BondLady] so imo these traders are kind of rushing these people

[BondLady] hurry hurry while u can still get some money before they drop the zeros

[BondLady] come on over an ill give u usd for your worthless currency

[BondLady] an the people knowing ramadan is upon them where they have to spend more than normal

[BondLady] think there getting a good deal cause they know what they can buy an how much with the usd

[BondLady] but imo the traders are basically robbing the iraqs of there 000 notes by making them believe its pretty much worthless an will be worth ---less

[BondLady] when they bring out the lower denoms

[BondLady] let me grab another part of this article

[BondLady] traders the opportunity who make a living on such stages are active in damaging the Iraqi economy and raise the crisis between the people who started many of them converts from its own funds to the U.S. currency, an approach that is almost universal in Iraqi markets you are looking for safety in the maintenance of its financial resources by turning them into dollars and then deal with the new Iraqi currency, Valqnaah that prevail in the market now, that the process of replacement of zeros of the Iraqi currency, which is moving the government seeking to implement it during the period between this month and the end of this year.

[BondLady] and by putting more usd into the economy when there trying to dedollarize hurts the economy

[BondLady] they want to dry up the 000 notes not to have them horded

[BondLady] an thats what these traders are doing

[BondLady] there going to make a run of more usd in the markets hurting them when it should be using iqd

BondLady] and the traders are holding onto these 000 notes because they know there fixing to go up in value

[BondLady] so then my favorite line to this whole article is this

[BondLady] Valqnaah that prevail in the market now, that the process of replacement of zeros of the Iraqi currency, which is moving the government seeking to implement it during the period between this month and the end of this year


[BondLady] remember when we talked to david from revalue.us , davids friend from iraq tariq

[BondLady] and tariq didnt think or even have hope we would see an rv for at least 5 years

[BondLady] then all of a sudden hes all excited and says it could be in a few months or by the end of the year

[BondLady] well when u see this line

[Bondlady] between this month an the end of the year

[BondLady] it kinda makes u understand why these people would an will be coming out of the wood work

[BondLady] to rob the poor unsuspecting iraqis who dont know any better of their 000 notes

[BondLady] because these crooks an traders know very well the iqd is soon to rise in spending power such as an rv for us but spending power for iraq

[BondLady] so im sure we will see alot more of these type of things the closer we get to the rv

[BondLady] and i really did like seeing between this month and the end of this year

[BondLady] yes thats a 6 month period but just think about it from now to the end of the year

[BondLady] no one knows the rv date NO ONE

[BondLady] but i sure do like thinking it could happen before ramadan begins

[BondLady] but no matter what i aint goin no where till it does

[BondLady] i hope this has helped an i hope ive been correct in my thoughts

[BondLady] drops the mic an walks off

[BondLady] remember when we talked to david from revalue.us , davids friend from iraq tariq

[BondLady] and tariq didnt think or even have hope we would see an rv for at least 5 years

[BondLady] then all of a sudden hes all excited and says it could be in a few months or by the end of the year

[BondLady] well when u see this line

[Bondlady] between this month an the end of the year

[BondLady] it kinda makes u understand why these people would an will be coming out of the wood work

[BondLady] to rob the poor unsuspecting iraqis who dont know any better of their 000 notes

[BondLady] because these crooks an traders know very well the iqd is soon to rise in spending power such as an rv for us but spending power for iraq

[BondLady] so im sure we will see alot more of these type of things the closer we get to the rv

[BondLady] and i really did like seeing between this month and the end of this year

[BondLady] yes thats a 6 month period but just think about it from now to the end of the year

[BondLady] no one knows the rv date NO ONE

[BondLady] but i sure do like thinking it could happen before ramadan begins

[BondLady] but no matter what i aint goin no where till it does