(Post Emailed to Recaps)
Breitling [Why bonds in dollars would lead us to believe they are about to raise the value of the dinar?] This is a very important subject.
1. The CBI is trying to suck up the US dollars in Iraq and that has to do with competition within Iraq itself…If they are not using the Dinar they are using the dollar.
As long as there are a certain amount of dollars in the economy that destroys the velocity of the dinar.
~~~
Breitling [Why bonds in dollars would lead us to believe they are about to raise the value of the dinar?] This is a very important subject.
1. The CBI is trying to suck up the US dollars in Iraq and that has to do with competition within Iraq itself…If they are not using the Dinar they are using the dollar.
As long as there are a certain amount of dollars in the economy that destroys the velocity of the dinar.
~~~
So they simply want to soak it up. It's very simple.
2. They also want to get Foreign investors in Iraq.
And they want to take those Dollars and put it into their foreign currency account…so they can back up what? The dinar and the value of the dinar going up. It's actually a beautiful plan.
They are taking the plays from the playbook of Japan and Germany…it's no coincidence they have these banking laws coming up…
they want to have control of the imports and the exports and that's why there is banking laws and tariffs and all these new laws they are putting in place…
2. They also want to get Foreign investors in Iraq.
And they want to take those Dollars and put it into their foreign currency account…so they can back up what? The dinar and the value of the dinar going up. It's actually a beautiful plan.
They are taking the plays from the playbook of Japan and Germany…it's no coincidence they have these banking laws coming up…
they want to have control of the imports and the exports and that's why there is banking laws and tariffs and all these new laws they are putting in place…
it means 1 thing …they are going to add value to the currency.
Why would they put laws into place where Iraq is interacting with other countries when their currency is at a tenth of a penny? There's no need!
That's why you and I are speculating...we're getting in at the streets are bloody level…it doesn't sound pretty but that's when we got in…that's when you're supposed to…at the end of a war or right in the middle of a war.
They are getting to the level where countries are going to start participating. It's a big deal to hand out bonds like this cause you have to guarantee them...
Why would they put laws into place where Iraq is interacting with other countries when their currency is at a tenth of a penny? There's no need!
That's why you and I are speculating...we're getting in at the streets are bloody level…it doesn't sound pretty but that's when we got in…that's when you're supposed to…at the end of a war or right in the middle of a war.
They are getting to the level where countries are going to start participating. It's a big deal to hand out bonds like this cause you have to guarantee them...
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