Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
SteveI  says Iraq is postponing the intro of the 50K I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

SteveI says Iraq is postponing the intro of the 50K

4 posters

Go down

SteveI  says Iraq is postponing the intro of the 50K Empty SteveI says Iraq is postponing the intro of the 50K

Post by Ponee Thu Dec 17, 2015 10:54 am

SteveI  


[The hcl from what I understood...was supposed to follow the budget maybe tomorrow...?] 

Yes it is within the same time frame. All very good. Another very positive note that my contacts told me, is that Iraq is deferring or delaying or postponed (whatever word you choose) the introduction of the 50K note until January 2016.

This is great news because I think they will revalue the currency and scrap the 50K note. We are following this very closely.

This is really positive to me because if you are going to revalue, then why introduce it and just confuse everyone and draw it back in. 

This is starting to get very exciting my friends.

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

SteveI  says Iraq is postponing the intro of the 50K Empty Aggiedad77 is storming his brain

Post by Ponee Thu Dec 17, 2015 11:00 am

Aggiedad77 


 The LAWS are done. The BUDGET is passed.  We know what to look for at the CBI...We know the auctions need to stop.  Long weekend coming up at the end of the month.

Dr. Shabibi should be happy....HAPPY NEW YEAR Iraqi Citizens. 

Taxes and Tariffs....oh yes....where...at the borders...when....soon. 

How does Dr. Shabibi plan to celebrate the New Year?  We could help him ring in a new rate.  Just storming the brain some here

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

SteveI  says Iraq is postponing the intro of the 50K Empty Re: SteveI says Iraq is postponing the intro of the 50K

Post by dwm007 Thu Dec 17, 2015 11:23 am

It takes time to introduce a new note like that, they can't just dump Billions of new Dinars into the economy without sending inflation through the roof! It's a fairly complicated procedure, they need to remove as many Dinar as they introduce and as they have said they intend to remove worn 10,000 and 25,000 notes by replacing them with the new 50,000 notes instead of new 10,000 and 25,000 notes like they otherwise would have done. These are brand new notes that people have never seen before so counterfeiting is a real concern until people become acquainted with what the new 50,000s actually look like. This is just one issue that must be addressed along with getting the new notes distributed to banks, getting the banking systems set up to use a note that currently does not exist, etc, all this simply can not happen overnight. However once the new notes arrive at banks and the banking systems are set up to deal with this new currency the exchange will begin and should happen fairly quickly.

dwm007
VIP Member
VIP Member

Posts : 828
Join date : 2015-08-05

Back to top Go down

SteveI  says Iraq is postponing the intro of the 50K Empty Re: SteveI says Iraq is postponing the intro of the 50K

Post by Kevind53 Thu Dec 17, 2015 11:59 am

This is great news because I think they will revalue the currency and scrap the 50K note. We are following this very closely.

Do yourself a favor and stop trying to think ... with a brain like yours it will only get you in trouble....

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 SteveI  says Iraq is postponing the intro of the 50K 2805820865  SteveI  says Iraq is postponing the intro of the 50K 2805820865  SteveI  says Iraq is postponing the intro of the 50K 2805820865  SteveI  says Iraq is postponing the intro of the 50K 2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!

Back to top Go down

SteveI  says Iraq is postponing the intro of the 50K Empty Re: SteveI says Iraq is postponing the intro of the 50K

Post by Terbo56 Thu Dec 17, 2015 1:58 pm

Or catch his 'toupee' on fire-He'd be a 'hot head, then, wouldn't he?
Terbo56
Terbo56
VIP Member
VIP Member

Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum