Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

 Pimpy   says --     We know that some countries are holding on to large amounts of IQD - That I can validate.  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Pimpy says -- We know that some countries are holding on to large amounts of IQD - That I can validate.

Go down

 Pimpy   says --     We know that some countries are holding on to large amounts of IQD - That I can validate.  Empty Pimpy says -- We know that some countries are holding on to large amounts of IQD - That I can validate.

Post by Ponee Fri Apr 02, 2021 9:14 pm

 Pimpy  


 We know that some countries are holding on to large amounts of IQD - That I can validate.  I can tell you that's for reals...70%-72% of the money is accounted for and not sitting in the hands of speculators and not sitting in the hand of the corrupt people...people were like, 'if you go to reinstate they've printed way too much money.  There's no way they can afford that.'  Well you're assuming that all the money is in the hands of speculators out in public.  I'm saying it's not.  It's in the hands most of the banks...


 As they start accounting for where the dinars are and they're doing that right now, you can understand the difference between trying to reinstate a rate where 85% of your currency might come back at you all at one time at a rate of $3 per dinar.  That would kill an entire economy...If you remember the articles when Al-Kazemi was like 'where the hell is our dinar?'  There was very little there in country...They started investigating further and they started taking this money back...I can tell you that a good portion of this money is being recovered but there's still a little too much out there for them to reinstate a rate...this is just speculation on my part based on the tidbits of information that we get when we speak to people who are currency movers... 


If they know they printed out X amount of dinars but they can only account for a small amount of it you can't do a rate change.  Let's say that 85% of all the outstanding dinar is exchanged at around the same time it would crash the economy.  Let's say you can account for 94-96%...it's easy to reinstate the old rate because you know there's a small amount of dinar out there that you are going to have to account for as far as the rate change is concerned...we know that the money was missing.  We know that Al-Kazemi was investigating that.  That's all public knowledge.  We also know that they're doing what they can right now to recover that money...What is the other option




Well they can't afford the other option - to say look this currency is no good.  Discontinue it and print a new currency.  Can't do that.  It affects the public and they can't afford to do that.  But if you're being told by your investigator  'Hey look...we know based on our investigation we can recoup maybe 94-96% of the money.' That's acceptable ...as much as they've recouped, I don't want to do dates...We'll see what happens...I don't think it's going to take as long as you people think, it really isn't... 

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

Posts : 38227
Join date : 2011-08-09

View user profile

Back to top Go down

Back to top


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