KTFA Frank26 Has Them Fooled! 9/25/19
Page 1 of 1
KTFA Frank26 Has Them Fooled! 9/25/19
by RamblerNash Wed Sep 25, 2019 11:39 pm
Golden6 » September 25th, 2019
I saw a comment on the video tonight that I don't understand. The comment was Do Not confuse the exchange rate with the 3 zero on the notes. Could someone help me understand why do (I) need to know the difference?
Rommy » September 25th, 2019
IMO its very simple. Don't confuse what happens inside Iraq with what happens outside of Iraq. As international investors, what you need to know is when Iraq officially RIs and has a new international rate, you will be able to exchange your dinar for that rate. Example, if the rate is 1 to 1, then you will be able to exchange a 25K dinar for 25K dollars (USA), minus spread and fees. It is really that simple.
Iggy » September 25th, 2019
imo...i believe the iraqi people will get roughly 3 times their money/buying power when RD/RV occurs in country only...they will rush to the banks for this...000's off the streets within days or however long it takes...pause...RI for international use/you...i may be way off base here or on target...IDK.
Realtormc » September 25th, 2019
I'm seeing it the same as you. When the program rate changes, the prices of everything inside of Iraq will change and citizens can either pay for things with their cards or the NCSN (1,5,10,20,50,100). The 250, 500, and, 1000 look like they're going to be transitional notes for the NCSN's just like we had the $1000 note in USA.
I saw a comment on the video tonight that I don't understand. The comment was Do Not confuse the exchange rate with the 3 zero on the notes. Could someone help me understand why do (I) need to know the difference?
Rommy » September 25th, 2019
IMO its very simple. Don't confuse what happens inside Iraq with what happens outside of Iraq. As international investors, what you need to know is when Iraq officially RIs and has a new international rate, you will be able to exchange your dinar for that rate. Example, if the rate is 1 to 1, then you will be able to exchange a 25K dinar for 25K dollars (USA), minus spread and fees. It is really that simple.
Iggy » September 25th, 2019
imo...i believe the iraqi people will get roughly 3 times their money/buying power when RD/RV occurs in country only...they will rush to the banks for this...000's off the streets within days or however long it takes...pause...RI for international use/you...i may be way off base here or on target...IDK.
Realtormc » September 25th, 2019
I'm seeing it the same as you. When the program rate changes, the prices of everything inside of Iraq will change and citizens can either pay for things with their cards or the NCSN (1,5,10,20,50,100). The 250, 500, and, 1000 look like they're going to be transitional notes for the NCSN's just like we had the $1000 note in USA.
RamblerNash- GURU HUNTER
- Posts : 24174
Join date : 2015-02-19 
Similar topics» Frank26 And Delta Have The Members Fooled Looking At The Cabinet! LOL 6/22/19
» "We Won" - Fri. PM KTFA Thoughts w/ Frank26 12/29/17
» KTFA CC Notes w/Frank26 11/19/18
» KTFA CC w/ Frank26 Highlights by Clare 11/19/18
» "Internationalism" - Sat. PM KTFA Thoughts, News w/ Frank26 2/16/19
» "We Won" - Fri. PM KTFA Thoughts w/ Frank26 12/29/17
» KTFA CC Notes w/Frank26 11/19/18
» KTFA CC w/ Frank26 Highlights by Clare 11/19/18
» "Internationalism" - Sat. PM KTFA Thoughts, News w/ Frank26 2/16/19
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Questions for Claude39
» The Central Bank announces the achievement of the largest cash reserve in its history
» Modher Muhammad Salih to / NINA /: Currency and gold reserves are a cover of the country's short-term foreign debts
» Tony say: You cut off!
» Mountain Goat - The “project to delete the zeros” explained 9/10/18
» The Central Bank intends to issue a banknote of 20 thousand dinars
» The Governor of the Central Bank of Iraq is hosted by the Al-Rafidain Forum
» After resignation, Iraq's Parliament Speaker warns of the "dangerous" stage
» Al-Kazemi: Changing the dollar exchange rate against the dinar is the most successful decision
» Current Iraqi dinar’s US dollar peg will be fixed in 2022 budget bill
» CHAT
» Zig's Dinar Story - Is Yours The Same?
» The central bank denies granting sums of money to citizens
» Report: Iraq Is Nearing the Brink of a Shiite Civil War
» Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country
» The Central Bank reveals 4 priorities adopted by its policy in Iraq
» The Central Bank transcends economic and financial challenges and moves to achieving monetary stability and promoting economic growth
» Popping in for a Cuppa Joe
» Bank Story #422 By MarkZ - if she had seen the new rainbow currency yet…..you should have seen the surprised look in her eyes
» Bluwolf - This Blessing is about to Begin!
» Sterling Currency Group - Restitution and Forfeiture Hearing 7-12-2022 at 2 PM
» Totally Frustrated and Sad
» The House of Representatives begins the new legislative session next Saturday
» Iraq on a new rollercoaster: "No more projects"
» Is Iraq on the brink of a new civil war?
» Al-Maliki's rhetoric pits him against fellow leader of Coordination Framework
» The World Bank is ready to support Baghdad in achieving economic reforms
» Iraq's foreign exchange reserves rose to the highest level since 2003
» Association of Private Banks: The percentage of financial inclusion in Iraq has risen to 33.5%
» Following the Science? – 159 Children dead, 1.2k disabled, 14.5k hospitalised & 55k injured due to COVID Vaccination in the USA according to CDC
» OPENING DAY: MY SON HUNTER: (Full Movie)
» Another person bites the dust
» Report: More violence likely in Iraq if political deadlock persists
» White and black days.. Economists warn of what looms on Iraq's economic horizon
» Parliamentary Finance resolves the controversy over next year's expenditures with no budget
» Vaccinations Are Injecting Parasites Into Our Children
» Fitch announces the credit rating of Iraqi Islamic banks
» SAD & UCOD
» Violence In Iraq Could Throttle The US Economy. Here’s How