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POST ON BOND LADY FROM THE C.B.I. GOOD READ !!

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Post by Just Da Truth on Sat Jun 23, 2012 7:36 am

Central: Delete the zeros represents a new infrastructure of the country







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Central: Delete the zeros represents a new infrastructure of the country
06/23/2012 0:00


BAGHDAD - Al Sabah
described the Central Bank of Iraq project to delete the zeros from the currency as: "a new infrastructure of the country at least as important as other infrastructure." said Deputy Bank Mhaaft the appearance of Mohammed Saleh: "The speed of the project Anjazhma reflect the harmony and the ministries and government departments concerned work away from the institutional isolation, since there is no value for the independence of the central bank if they were not independent of these high-capacity to coordinate with other economic institutions to build Iraq. "
He added: "The project to delete two zeros from the currency project successful and to delete three zeros from the currency project is very successful, as there are countries that omitted 6 zeros from its currency because of inflation and economic heritage which has been suffering from it and the experiment succeeded, "noting:" The process of deletion of zeros experiment did not pass out of Iraq, we find that some of them in fear while the dimensions of the project has more positive than negative. "
He continued: "The full and comprehensive study of the project was completed last fall, has been filed to the Economic Committee in the Council of Ministers, scheduled for 1/1/2013 It is the time to directly delete the zeros. " And
said: "This project represents the process of reforming the system of monetary management and the transition from large numbers to smaller numbers with the same value of the currency without affecting the trading currency, because the switch would be suitable for people getting used to the new currency trading."

http://www.alsabaah.com/ArticleShow.aspx?ID=29672




2POST ON BOND LADY FROM THE C.B.I. GOOD READ !! Empty Re: Central: Delete the zeros represents a new infrastructure of the country





Bye the sea



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A couple of key phrases:

"The full and comprehensive study of the project was completed last fall, has been filed to the Economic Committee in the Council of Ministers, scheduled for 1/1/2013 It is the time to directly delete the zeros.

large numbers to smaller numbers with the same value of the currency without affecting the trading currency, because the switch would be suitable for people getting used to the new currency trading


Jeepers....We are given the supposed timeline they want us to believe

And

They tell us again and again, we won't be harmed because they will trade together.

So my question is Mr. Saleh...How do you trade the 3 currencies at the same time and make it easy arithmetic? Not 2 curriencies, but 3...new Dinar, old Dinar, and Dollar. How can your marketplace keep it all together????

What a great start to the weekend.

All the best, bye the sea ☀

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POST ON BOND LADY FROM THE C.B.I. GOOD READ !! Empty Re: POST ON BOND LADY FROM THE C.B.I. GOOD READ !!

Post by Guest on Sat Jun 23, 2012 11:43 am

THANKS for that JUST DA TRUTH Smile

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Post by IQD4US on Sat Jun 23, 2012 4:56 pm

the transition from large numbers to smaller numbers with the same value of the currency without affecting the trading currency



That's what I took out of that. This says the 25,000 note will NOT become the 25. I hope the speaker that said this statement is in the know...

C'mon - make my speculation of later more likely than sooner WRONG - I would love to hear people laugh at me....and not the ha ha, I want the deep from the belly, tears down the face, about to wet one's self laugh.....please



post note: CRUSHED the page says Assabah as the news agency, the contact website says Alsabaah, and the closest thing to an arabic paper to match any of those is a Kuwait Newspaper that is spelled Al Sabah. Don't know where this came from, but I cannot verify it as from Iraq. Again, hope I am wrong, but I know how the middle easterners value thier Al- Here is a list of the Iraqi newspapers:



Last edited by IQD4US on Sat Jun 23, 2012 5:09 pm; edited 1 time in total (Reason for editing : add papers)
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Post by Guest on Sat Jun 23, 2012 5:21 pm

IQD4US, are you saying the above is BOGUS?

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Post by IQD4US on Sat Jun 23, 2012 5:56 pm

don't know as I would say bogus.

I do know that I personally do not feel that if the information does not come from the country it is concerning - I don't bother with it...how can China speak for France or Brazil for the USA?? (examples only)

I do know that the web site address and the name of the paper and the Bagdad - As Sabah tags do not match up - at all.

Just like Dinar Daily posts news, and currencynewshound posts news - doesn' make them a "legit in the know" reporting agency. One such site HAS - and I proved it - taken pieces of information matched with incorrect pictures, and added WHAT they WANTED, and posted it as fact. That's how I figured out how to verify information. Usually they take it from a site that will not translate (yes - many do not).

So for me - I do know that the project to decide if it were beneficial WAS done, several times, once by the University - but it has been done many times over the last 3 years - it is not new, and it was already proven beneficial. It does not come as a surprise.

The fact that the currency wil not lose value, but will be worth just under a USD, is not news to me either - whick is why they will be able to run high value currency, low value currency, AND the USD in the currency trade at the same time.

I'm just saying I personally cannot verify THIS article as being from IRAQ - which is all I personally believe (other than the UN UNSC IMF WTO atc) to be worth my time.

Others may feel differently - and that is ok, just felt sad when I couldn't accept it as "fact"
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Post by Guest on Sat Jun 23, 2012 6:51 pm

@IQD4US wrote:don't know as I would say bogus.

I do know that I personally do not feel that if the information does not come from the country it is concerning - I don't bother with it...how can China speak for France or Brazil for the USA?? (examples only)

I do know that the web site address and the name of the paper and the Bagdad - As Sabah tags do not match up - at all.

Just like Dinar Daily posts news, and currencynewshound posts news - doesn' make them a "legit in the know" reporting agency. One such site HAS - and I proved it - taken pieces of information matched with incorrect pictures, and added WHAT they WANTED, and posted it as fact. That's how I figured out how to verify information. Usually they take it from a site that will not translate (yes - many do not).

So for me - I do know that the project to decide if it were beneficial WAS done, several times, once by the University - but it has been done many times over the last 3 years - it is not new, and it was already proven beneficial. It does not come as a surprise.

The fact that the currency wil not lose value, but will be worth just under a USD, is not news to me either - whick is why they will be able to run high value currency, low value currency, AND the USD in the currency trade at the same time.

I'm just saying I personally cannot verify THIS article as being from IRAQ - which is all I personally believe (other than the UN UNSC IMF WTO atc) to be worth my time.

Others may feel differently - and that is ok, just felt sad when I couldn't accept it as "fact"

What do you think about all the news today:

http://dinardaily.forumotion.com/t22100-big-news-from-iraq-i-think#155432

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