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» Bank Story #425
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeToday at 5:48 pm by GirlBye

» Iraq Discusses Natural Gas Investments With U.S. Firms
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeToday at 5:40 pm by GirlBye

» A Deeper Dive into Effects and Benefits of Cannabis
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeWed Sep 13, 2023 3:15 am by hazeljohn

» Iraqi Dinar Scam?
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Sep 04, 2023 9:25 pm by RamblerNash

» Currency revaluation scams have found a new home on Etsy
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Sep 04, 2023 9:14 pm by RamblerNash

» Melanie Hinds ADMITS to STEALING From a BANK! 9/1/23
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeSat Sep 02, 2023 3:31 pm by Ssmith

» The Fundamentals of Finance Dinar Scam Video
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeFri Sep 01, 2023 8:47 pm by Ssmith

» I have some sad news...PurpleSkyz has passed
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeThu Aug 31, 2023 12:59 pm by Zig

» Legal Translation Dubai
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeThu Aug 31, 2023 3:37 am by CLT2020

» Time Tested Tony
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeThu Aug 24, 2023 3:15 pm by Mission1st

» Oh Ye of Little Faith
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeWed Aug 23, 2023 11:03 pm by Kevind53

» Delta 8 hemp flower
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeWed Aug 23, 2023 6:03 am by emmanoah

» CBD Vape Cartridges
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeTue Aug 22, 2023 1:34 am by hazeljohn

» The Death Of The Iraqi Economist, Sinan Al-Shabibi
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Aug 07, 2023 4:09 am by Rickuda

» A DEATH AT 22
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Aug 07, 2023 4:08 am by Rickuda

» Noah's Ark
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeWed Aug 02, 2023 7:44 am by Zig

» Follow the clicks
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeThu Jul 27, 2023 11:19 am by Mission1st

» Everyone’s Talking About Currencies: 21 Points
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Jul 24, 2023 2:01 pm by Purpleskyz

» DRAMA In DINARLAND! Melanie vs. Nader! 7/14/23
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeMon Jul 17, 2023 5:58 pm by Ssmith

» Tony Renfrow, serving up Nothing Burgers since 2008
Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  I_icon_minitimeSat Jul 15, 2023 10:49 am by Mission1st

Mnt Goat says -- reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT

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Mnt Goat says --   reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT  Empty Mnt Goat says -- reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT

Post by Ponee Fri Oct 09, 2020 9:37 pm

Mnt Goat  


 ...If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow...The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much...So, these stashes of notes in Iraq don’t matter since IN IRAQ...these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros...They are only going to delete the zeros in Iraq...


...The next stage to the process...is to move to reinstate and put the dinar on a FLOAT...They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again.  To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085  when they do this?   It is not possible.  The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate. ...The dinar is going to get REINSTATED.  ...It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. 



 But did I say the rate will start at .00085?   NO...the CBI is NOT going to just take the .00085 rate and use it and float it...the rate will be determined by the basket of currencies. We just don’t know that new rate yet...We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar... 

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