DC explains the dinar revaluation/oil credit process

Tony:  Someone sent me a question this morning – how is this whole thing supposed to work when there is not enough money in the world to pay all this money. This has to be someone who came in during the last month!

DC:  The dinar revaluation is based on what Iraq has in the ground – 140 billion barrels of oil in the ground, plus their agricultural capability as the breadbasket of the Middle East.  Because it’s been fallow for a long time, the desert soil often has more nutrients than other soil, and they can grow a lot. The CIA developed this plan to revalue the Iraqi dianr in the 1950s, and this plan got dusted off in during the Saddam Hussein mess.  In order to do that, the country needed to be revitalized.  That didn’t happen in the 1990s, but Kuwait did.  They devalued the hell out of the currency, and then revalued it.  This has also been done post war in Germany, Japan and other countries over the years.  They also seemed to have weapons of mass destruction in Iraq, hence the war.  So they flooded the Iraqi economy with cheap notes to push out the older Saddam notes, and then the insurgents couldn’t buy as much.  Then the government of Iraq, the CBI, the IMF, etc., figured out how to polish up the jewel that Iraq could be, with all the agricultural, mineral and commercial worth that Iraq has in potential.  They spent a lot of time studying that and putting a value on it.  They also put a new, stable government in place, with new banking laws, anti-corruption measures, first-world technology and other measures to stabilize the country and the economy. They could have done it earlier but Maliki was a drag on the situation, then the US administration changed as well.  The Obama administration agreed that this could be a way to improve other impoverished areas, and they made it into a GCR. That’s much bigger and therefore more unwieldy.  The US was not in charge, as such, but in practice they were able to block progress according to their own lights.  By re-instating the dinar’s prior rate, you create an incredibly wealthy nation (like Kuwait) that can support economic growth and stability in the region.

How do they get the money?  Through oil credits.  They are offering a discount rate on something China really needs.  Let’s say you need toilet paper and it’s offered have half the rate with delivery over the next fifty years – why wouldn’t you buy as much as you can?  China only produces 400,000 barrels of oil per day, and use 8,000,000 barrels.  Iraq has a lot of oil, and is offering coupons called oil credits.  China is buying as many of those as they can.  Iraq benefits because it makes the country rich now.  Speculators want to take part because they funded Iraq’s reserves by buying dinar and now they will make money when the currency revalues.  Iraq gets the most stable bank in the area and possibly the world, because it’s based on their oil AND their reserves.  There were 27 trillion dollars worth of reserves on the streets when this started.  President Bush said that Iraq would pay for itself.  The US took four trillion of those reserves, and other countries took some proportionately.  About 19 trillion is left over, and a couple of those went out to speculators. The rest stayed in Iraq or to other Middle Eastern countries.  In the last few years, the CBI has been pulling in that currency;  they have pulled 97% of the paper currency out of Iraq, which is why the remaining currency in circulation is taped together.  They have been removing and destroying dinar;  we aren’t selling ours, so there isn’t much left.

They have been trying to get this moving for several years here and in Iraq and due to a variety of issues (good and bad), it has been delayed.  The oil credits will be given electronically out of the pool of dinar available..  If Tony has a million dinar, the bank will deliver it to the UST, who will credit the exchange dollars to Tony’s account. The UST will then trade the oil credits back to the Central Bank of Iraq, and that’s how it works.

Tony:  The actual dinar notes were printed in Texas and shipped to Iraq, so we know the exact number that are in circulation.  Each country will pay in their own currencies, and  the oil credits will be good for 50 years.  It’s all digitally exchanged, and that is why they want you to use wire transfers and credit cards rather than cash.  There is not enough actual cash to pay everyone in notes, and that is not how the banking system works.

Just what I would expect, a long, convoluted explanation filled with unverifiable "facts."

So the Dinar RV was a CIA plan back in the 50's....really????  His stories just get more and more crazy by the week....

BB consider the source

royboy wrote:BB consider the source

True...but that's what makes it so stupid. So this whole RV situation has been in the work s since the 50's....it's just so laughable. And the sheeple are eating it up and believing it hook line and sinker...

BB Watch this, this is the mentality of that site and it's members lol------





https://www.youtube.com/watch?v=a_d0_rYZhy4

royboy wrote:BB Watch this, this is the mentality of that site and it's members lol------





https://www.youtube.com/watch?v=a_d0_rYZhy4

Royboy if I need those brain cells later on I'm coming for you!!!!

lol