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Alchemist - Why the debt ceiling must be raised for the RV...Common sense. I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

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» Phony Tony: New Platform, same old song and dance
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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
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» ZIGPLACE
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» THE MUSINGS OF A MADMAN
Alchemist - Why the debt ceiling must be raised for the RV...Common sense. I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

Alchemist - Why the debt ceiling must be raised for the RV...Common sense.

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Post by Alchemist Thu Jul 14, 2011 10:43 pm

Say if two million people have an average of one million IQD each and it revalues to the stated 1.13 rate per the MOP website, you have two trillion dollars of IQD to be comverted to USD. By raising the debt ceiling two trillion dollars we now have more USD than the current reserve to pay US investors at cash in. The debt will not be satisfied by the IQD in the treasury. Most of the money collected in taxes will go to programs and public works. The job vacancies created if the RV is successful will further aid in economic recovery, as well as the new spending from wealth fueling the economy and new businesses to hire new workers.
 
Keep in mind that the US Dollar is a debt based economy. If you do not know what this means, view "Money As Debt" or "The Money Masters." The transition to an equity based monetary system will be slow. However, the first step will be to stabilize this economy. Further, if we pay off the debt, w would have to go in debt again to fund these programms. Also there will be an informational process which necessitates the slow release of info which will be facilitated by the illusion that this stop gap play saved the day day. That is why scare tactics about social security checks are being employed. Eventually the masses will learn of the RV, but in a controlled manger. If the debt disappeared overnight, there would be too many questions. This is my take on the situation. Go RV Dinarlings!

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Post by Goldmember Thu Jul 14, 2011 11:40 pm

Finally, somebody else gets it: the direct link between bank deposits in a debt/credit system and the debt ceiling issue relation to a massive exchange conversion of foreign assets into credit on account. I thought I was alone in this IQD phenomena. THE DEBT CEILING HAS EVERYTHING TO DO WITH THIS MASSIVE EQUITABLE CONVERSION, AND THE IRS IS GOING TO PULL OFF THE GREATEST BOOKING..RE-VENUE-ING....OF CAPITAL, BUT SINCE MOST NOBODY KNOWS A THING ABOUT PRACTICING EQUITY-TRUST,AND BANKING ALL THESE CONVERSIONS/DEPOSITS ADD STRAIGHT TO TE DEBT CEILING AS FEDERAL TAX WITHHELD ON THE FRACTIONALIZATION OF COMMERCIAL PAPER AND ORIGINAL ISSUED DISCOUNT SECURITIES INDORSED WITHOUT RESTRICTIONS.
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Post by Alchemist Fri Jul 15, 2011 12:03 am

Yes, and with fractualizatio requiring say 15% retained in the bank of deposit coupled with the fact that most money will remain in electronic form (most of us will not take it all as cash); the two trillion debt ceiling can support a payout ten times that easily. It will not be a burden to Iraq because of the private arrangement to hold IQD in government repositories such as the UST to be redeemed over time to do business with Iraq such a purchasing commodities such as oil on an equity based system. This is really a well thought out plan that has so many layers that has been planed for decades. Happy Republic Day Iraq and God's speed! Thank you for comprehending the depth of this.

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