UPDATE ON IRAQ MONETARY POLICY & CURRENCY REFORM IN CONDENSED VERSION
Posted by EXOGEN on February 25, 2014 at 9:19am
1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS
2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN
3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE
4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY
5. THE EXCHANGE RATE HAS TO ADJUST NOW
6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES
7. THE LOWER DENOMS MUST BE RELEASED SOON
....
Read More Link on Right
Posted by EXOGEN on February 25, 2014 at 9:19am
1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS
2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN
3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE
4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY
5. THE EXCHANGE RATE HAS TO ADJUST NOW
6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES
7. THE LOWER DENOMS MUST BE RELEASED SOON
....
Read More Link on Right
8. THE CBI IS OPERATING LIKE THE FEDERAL RESERVE BANK
9. THIS IS TIED DIRECTLY TO THE NEW OPEN MARKET POLICY TO BE IMPLEMENTED
10. FOREIGN OBLIGATIONS CAN NO LONGER BE PAID IN USD AS OF YESTERDAY IN IRAQ
11. THERE WILL BE A 1:1 RATIO REQUIRED AT A MINIMUM
12. BANKS IN IRAQ HAVE NO LIQUIDITY
13. IRAQ IS UP FOR ARTICLE IV REVIEW WITH THE IMF IN DAYS
9. THIS IS TIED DIRECTLY TO THE NEW OPEN MARKET POLICY TO BE IMPLEMENTED
10. FOREIGN OBLIGATIONS CAN NO LONGER BE PAID IN USD AS OF YESTERDAY IN IRAQ
11. THERE WILL BE A 1:1 RATIO REQUIRED AT A MINIMUM
12. BANKS IN IRAQ HAVE NO LIQUIDITY
13. IRAQ IS UP FOR ARTICLE IV REVIEW WITH THE IMF IN DAYS
via Dinar Recaps - Our Blog http://ift.tt/Mr7okP
No comments:
Post a Comment