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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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bajachaser
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13 posters

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Rocky
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    • Post n°1

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by Rocky Thu 11 Oct 2018, 6:42 am

    First topic message reminder :

    (WOW) 

    Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion dinars



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    , said the Iraqi Central Bank on Thursday that the deletion of zeros still exists, indicating that the amount of money supply in the market of 44 trillion dinars. 

    The release manager lockers agency Abdul Karim Hassan Shannon in an interview with Alsumaria News that " the project to delete the zeros of the Iraqi currency is still valid , " adding to that " the project was supposed to initiate during 2014 , but the control of the organization Daesh five provinces led to Delay it. "


    "The project to delete the zeros is to delete three zeros from the current currency with the introduction of large currencies and the introduction of coins for the dinar parts." 

    Shannon pointed out that "the cash mass currently circulating in the markets is large, amounting to 44 trillion dinars," noting that " Iraq did not use the technological methods of payment, and therefore small groups of currency can be perishable for widespread use." 

    The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, that the project was met with great opposition by specialists and politicians in parliament.



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    weslin3
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    • Post n°21

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by weslin3 Fri 12 Oct 2018, 8:34 am

    indicating that the process is to delete three zeros from [You must be registered and logged in to see this link.] current [You must be registered and logged in to see this link.] with the introduction of large currencies and the introduction of coins for parts of the dinar.



    I like this last sentence... especially the coins for parts of the dinar.... bounce bounce
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    Diamond
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    • Post n°22

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by Diamond Fri 12 Oct 2018, 10:37 am

    weslin3 wrote: indicating that the process is to delete three zeros from [You must be registered and logged in to see this link.] current [You must be registered and logged in to see this link.] with the introduction of large currencies and the introduction of coins for parts of the dinar.



    I like this last sentence... especially the coins for parts of the dinar.... bounce bounce
    large currency or coins is no good to us without a internationally excepted currency an that's what imf is for
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    jets235
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    • Post n°23

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by jets235 Sat 13 Oct 2018, 4:25 pm

    Thank you Lobo, I certainly hope you are correct
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    Franky
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    • Post n°24

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by Franky Sat 13 Oct 2018, 4:38 pm

    Lobo wrote:My understanding regarding "removing of the zeros" IS NOT A LOP.  It is removing the large dinar notes with the 3 zeros out of circulation.  The interpretation of removing the three zeros as a lop comes from WWII when Japan had its currency devalued - my Japanese friend is finally understanding it is not what happened to Japan, it is a new monetary system that is being put in place.  The currency already is ONLY worth one tenth of a US penny - it can't go any lower - it is already WORTHLESS.  When the CBI revalues - it is a REVALUE of the currency - a monetary reform - a reinstatement of the value of the currency to a former value.  I don't think it will revalue at 3.25 US or some similar value as I believe it was when the IMF and Bremer devalued the dinar after the fall of Saddam - may he rest in peace for those of you who are Muslim.  But it will enhance in value - that is the phrase that the CBI has used many times in the past.  The Iraqis already carry large trash bags of currency with them to go shopping - add the lower denominations that are coming out and without an revalue or enhancement of the value - they will be driving trash trucks or pushing dumpsters of dinar to buy groceries.  The fact that the CBI has stated they are now international and the fact that they have a "SmartCart" which will be international after the revalue and that MasterCard and Visa recognizes the dinar for trade is a telltale sign of things to come.


    HEY ...Lobo, going to throw a curve ball! with the "smart cards" they could load 50 Trillion Stinky Dinars on them and they can put that "little bitty card right in there little bity pockets!!  hi
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    tt10
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    • Post n°25

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by tt10 Sat 13 Oct 2018, 6:38 pm

    Franky wrote:
    Lobo wrote:My understanding regarding "removing of the zeros" IS NOT A LOP.  It is removing the large dinar notes with the 3 zeros out of circulation.  The interpretation of removing the three zeros as a lop comes from WWII when Japan had its currency devalued - my Japanese friend is finally understanding it is not what happened to Japan, it is a new monetary system that is being put in place.  The currency already is ONLY worth one tenth of a US penny - it can't go any lower - it is already WORTHLESS.  When the CBI revalues - it is a REVALUE of the currency - a monetary reform - a reinstatement of the value of the currency to a former value.  I don't think it will revalue at 3.25 US or some similar value as I believe it was when the IMF and Bremer devalued the dinar after the fall of Saddam - may he rest in peace for those of you who are Muslim.  But it will enhance in value - that is the phrase that the CBI has used many times in the past.  The Iraqis already carry large trash bags of currency with them to go shopping - add the lower denominations that are coming out and without an revalue or enhancement of the value - they will be driving trash trucks or pushing dumpsters of dinar to buy groceries.  The fact that the CBI has stated they are now international and the fact that they have a "SmartCart" which will be international after the revalue and that MasterCard and Visa recognizes the dinar for trade is a telltale sign of things to come.


    HEY ...Lobo, going to throw a curve ball! with the "smart cards" they could load 50 Trillion Stinky Dinars on them and they can put that "little bitty card right in there little bity pockets!!  hi
    Then why haven’t they done anything? If they were just going to put dinar of the same program rate we’ve seen for over a decade why haven’t they done it yet? Why all the preparation and time spent on smart card planning to make sure it all goes off without issues?
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    Rocky
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    • Post n°26

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Video: delete the zeros is still exist and the mass of cash is 44 trillion dinars Oct 12

    Post by Rocky Sun 28 Oct 2018, 10:48 am







    Video: delete the zeros is still exist and the mass of cash is 44 trillion dinars


    Friday, October 12,

    Again, talk about the project to delete zeros from the Iraqi currency, to end the inflation in the amount of cash mass in the market, a project that has been stalled for years, but the central bank says it still exists.

    Director of the issuance and cabinets Agency Abdul Karim Hassan Shanza Alsumaria News The delay of the project to the control of the organization calling on a number of provinces during the year and fourteen, the year that was scheduled to be the process of deleting zeros in it.


    The project does not depend on the process of deleting zeros only, but a complete structure of the Iraqi currency, which will also include the development of large currencies and also coins for the dinar, especially since Iraq has not used previously and currently technological methods of payment and thus the small categories of currency are perishable to use Widely.

    In the markets are currently dealing with a large monetary block, says the official at the Central Bank it is forty four trillion dinars, which is seen by specialists big inflation of the currency offered in the market, compared to the actual value compared to its cash.

    This step, if implemented, will contribute to strengthening one of the pillars of the Iraqi economy, from the monetary side, as confirmed by specialists.

    You can view the report on the video at link

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    annieharbers
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    • Post n°27

    (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d - Page 3 Empty Re: (WOW) Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion d

    Post by annieharbers Sun 28 Oct 2018, 1:50 pm

    Good find Thank-you
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    • Post n°28

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