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


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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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lesley.beter
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    Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks

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    Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks Empty Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks

    Post by Proven Tue 22 Sep 2020, 9:35 am

    Supports a slow rise: 




    Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks

    10:32 - 22/09/2020
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    The information / Baghdad ..

    The deputy of the Saeron Alliance, Riyad Al-Masoudi, confirmed, on Tuesday, that the Iraqis are refraining from keeping their money or depositing it in banks for many reasons, noting that more than 35 trillion Iraqi dinars stored with the people refuse to deposit them in banks.

    Al-Masoudi said in a statement to / information /, that "the Iraqi government is facing great challenges in providing Iraqi cash to meet the requirements of employees salaries and operating expenses."

    He added, "The previous and current successive Iraqi governments have not succeeded in activating the banking system, as well as the Iraqi citizen's lack of confidence in banking governance."

    Al-Masoudi explained, "The failure of the governments over 17 years has led to 35 trillion Iraqi dinars and more being stored in homes instead of depositing them in banks." Ended / 25 
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    Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks Empty Re: Deputy: 35 trillion dinars are stored with the people who refuse to deposit them in banks

    Post by Diamond Tue 22 Sep 2020, 11:46 am

    Check malikis matteress for this kind of chunky money!!!  lol! lol! lol!

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    Post by Proven Tue 22 Sep 2020, 12:43 pm

    azareus wrote:3 dollar rv with 35 trillion stored. Lol

    How fast the dinar increases in value  is a question.


    If it starts to rise, then people will hoard it.  Less economic development than other options.


    If it pops up then goes up slowly, people will spend and save it. 


    If it pops up then stops.  It will boost consumer spending, but less savings.


    They get one shot, I hope they use it for the betterment of their people. 


    We shall see.  

    Al-Masoudi said in a statement to / information /, that "the Iraqi government is facing great challenges in providing Iraqi cash to meet the requirements of employees salaries and operating expenses."

    Raise the value and fund the government. 

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    Post by lesley.beter Tue 22 Sep 2020, 3:54 pm

    These people are just not used to banking like we are, and there is no trust in the establishment. Sad

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    Post by jbigg Tue 22 Sep 2020, 4:31 pm

    But I wonder how much of that is in the hands of people just like us?

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    Post by lesley.beter Tue 22 Sep 2020, 6:04 pm

    A revalue would bring in the notes that’s for sure

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    Post by Diamond Wed 23 Sep 2020, 5:23 am

    azareus wrote:Slow grow based on investments. It will Never RV overnight. That Will be a lop
    az you dont have a clue cause if you did ya'd know the difference between lop an removal of 3 zeros

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    Post by Proven Wed 23 Sep 2020, 7:13 am

    jbigg wrote:But I wonder how much of that is in the hands of people just like us?


    35 trillion is the amount outside of the Iraqi banking system.


    I estimate between 6 to 8 trillion.


    A large amount is held by central banks.

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