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Established in 2006 as a Community of Reality

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Learn the benefits of removing zeros from the dinar

dizzydee
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Post by dizzydee on Fri 04 Nov 2016, 6:33 pm

First topic message reminder :

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Central Bank: the deletion of zeros in early 2017

Benefits:

1.adraj Iraqi dinar within the global currency basket and handle it officially the world's stock exchanges and financial markets.

2.amkanah held economic agreements to handle the national currency as Iraq could hold Order dinars instead of dollars when the contract to build two production lines deals or agreements Stirad goods deals that cover a very large part of the foreign remittances that are squandering of national wealth from foreign exchange.

3.illt trading allows dealing in Iraqi dinar in the Iraqi market and not rely on foreign and squandered currencies and Bosrtha transfer abroad by the private and public sector, which is the sovereign wealth dissipated to the outside on a small, non-essential positions and luxury in Iraq at the time need this wealth of storage as a reserve.

4.seetm rid of manipulating the currency exchange market and completed the so-called auction sell the currency, "" burning oven dollar. ""

5.satoagaf work corrupt suspicious of banks and their agents and Smaserthm "" contractor and investor cartoons "

6.seetm capping the highest amounts transferred abroad of currency the dollar, euro, yen and sterling and the yuan's exchange-active to ensure that no other smuggling the vast majority of trades of currency smuggling.
And the Iraqi Central Bank Governor said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

And he said: "The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency", returned him as "this strategic project will serve the country's economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges."

He added that "the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017," noting that "the central bank began the first steps of the project through the selection of designs, companies and the country in which the currency will be printed."


He pointed out that "the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years," pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."

duck
Neno
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Post by Neno on Sun 06 Nov 2016, 5:05 pm

This been said for years, Catch Up FONZ!
weslin3
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Post by weslin3 on Sun 06 Nov 2016, 6:02 pm

I need to take the same class fonz to get caught up also. lol That went right over my head.  ok
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Post by Neno on Sun 06 Nov 2016, 6:46 pm

[You must be registered and logged in to see this link.] wrote:I need to take the same class fonz to get caught up also. lol That went right over my head.  ok
lol...ok lets break it down what I think Pig-Pen meant before I get another negative red line...lol

I assumed Pig Pen liked the 10 year trade comment in the article quote so I said "I hear you". In reality that doesn't you or I any good cause your all going to cash in as fast as you can. Tell me I am wrong, and if you are that is perfectly fine.

The 10 years IMHO is for the Country as it said so like the US Treasury will hold ( but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market." ) cause your dinars are going there. Now, if your holding out for the 2nd RV that is speculated when the GCC common currency comes on board, then yes you got an additional 10 years to hold out as the quoted piece states but, it all goes to the US Treasury too from us.

 Ok Class over... laugh
zimi31
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Post by zimi31 on Sun 06 Nov 2016, 7:57 pm

[You must be registered and logged in to see this link.] wrote:
[You must be registered and logged in to see this link.] wrote:I need to take the same class fonz to get caught up also. lol That went right over my head.  ok
lol...ok lets break it down what I think Pig-Pen meant before I get another negative red line...lol

I assumed Pig Pen liked the 10 year trade comment in the article quote so I said "I hear you". In reality that doesn't you or I any good cause your all going to cash in as fast as you can. Tell me I am wrong, and if you are that is perfectly fine.

The 10 years IMHO is for the Country as it said so like the US Treasury will hold ( but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market." ) cause your dinars are going there. Now, if your holding out for the 2nd RV that is speculated when the GCC common currency comes on board, then yes you got an additional 10 years to hold out as the quoted piece states but, it all goes to the US Treasury too from us.

 Ok Class over... laugh


Thanks for the 'quick course' teacher!!! I for one probably won't be around for a second RV...I will be lucky if after 11 years that I make this one...please God make it so. But if so I will consider myself blessed as I am sure many others will also. Keep all the good news coming!!!
Neno
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Post by Neno on Sun 06 Nov 2016, 8:06 pm

Zimi31....YOUR AWESOME!!
bighug
zimi31
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Post by zimi31 on Sun 06 Nov 2016, 8:11 pm

[You must be registered and logged in to see this link.] wrote:Zimi31....YOUR AWESOME!!
bighug


Oh Neno, love you much...looking forward to the day we can have a real hug...  bighug
weslin3
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Post by weslin3 on Sun 06 Nov 2016, 9:45 pm

Gotcha Neno! No way I will wait on2nd rv.... I want to enjoy it while I can. Thank you so much for breaking that down. bighug
duck2000
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Post by duck2000 on Mon 07 Nov 2016, 4:20 am

[You must be registered and logged in to see this link.] wrote:
[You must be registered and logged in to see this link.] wrote:I need to take the same class fonz to get caught up also. lol That went right over my head.  ok
lol...ok lets break it down what I think Pig-Pen meant before I get another negative red line...lol

I assumed Pig Pen liked the 10 year trade comment in the article quote so I said "I hear you". In reality that doesn't you or I any good cause your all going to cash in as fast as you can. Tell me I am wrong, and if you are that is perfectly fine.

The 10 years IMHO is for the Country as it said so like the US Treasury will hold ( but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market." ) cause your dinars are going there. Now, if your holding out for the 2nd RV that is speculated when the GCC common currency comes on board, then yes you got an additional 10 years to hold out as the quoted piece states but, it all goes to the US Treasury too from us.

 Ok Class over... laugh
i have taught you well grass hopper..
mochasmom
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Post by mochasmom on Mon 07 Nov 2016, 7:00 am

Gcc in another 10 years? prob wont hurt to save a million or two for then
jedi17
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Post by jedi17 on Mon 07 Nov 2016, 8:58 am

[You must be registered and logged in to see this link.] wrote:Gcc in another 10 years? prob wont hurt to save a million or two for then


everyone should have a plan....it is up to you at the time to decide what you want to do, or if you can even make another 10 years waiting for the GCC

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