Post From KTFA By FrostyTheSnowman » May 12th, 2015, 4:18 am • [Post 106]
KTFA MONDAY NIGHT CC 11 MAY 2015
** The comments made by Frank26, Delta, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! **
PLAYBACK LINK: http://ift.tt/1JEFRVt
FRANK: Wow! We’ve got 22 pages of notes on just bonds alone tonight.
We have been blessed with some amazing talent here at KTFAlways.com
WalkingStick has over 40,000 posts with us at KTFA … but he also had something like 40,000 posts with us at our prior KTFM 501c3 (Keep The Faith Missions) forum.
WalkingStick watches us … he only talks to me directly … and he can reference and find anything in a split second … and WS … thank you for helping me today in finding that particular piece of info … while we were dealing with tornado watches here in Ohio today.
~~~
KTFA MONDAY NIGHT CC 11 MAY 2015
** The comments made by Frank26, Delta, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! **
PLAYBACK LINK: http://ift.tt/1JEFRVt
FRANK: Wow! We’ve got 22 pages of notes on just bonds alone tonight.
We have been blessed with some amazing talent here at KTFAlways.com
WalkingStick has over 40,000 posts with us at KTFA … but he also had something like 40,000 posts with us at our prior KTFM 501c3 (Keep The Faith Missions) forum.
WalkingStick watches us … he only talks to me directly … and he can reference and find anything in a split second … and WS … thank you for helping me today in finding that particular piece of info … while we were dealing with tornado watches here in Ohio today.
~~~
Delta and TopShelf will also be with us tonight to offer their insight about some other things as well.
I’d also like to thank AggieDad … who everyday takes every article and analyzes them for us. Incredible teamwork!
The PIF (Pay It Forward group) has also joined with us … so we have another forum leader (TopShelf) with us … who has an incredible gift to read / translate what is on the CBI spreadsheets.
Please listen to Tink (my wife) read to you a post from our forum … (POST #203 by Stranger) …
I’d also like to thank AggieDad … who everyday takes every article and analyzes them for us. Incredible teamwork!
The PIF (Pay It Forward group) has also joined with us … so we have another forum leader (TopShelf) with us … who has an incredible gift to read / translate what is on the CBI spreadsheets.
Please listen to Tink (my wife) read to you a post from our forum … (POST #203 by Stranger) …
As you know … we told you last week that Dr. Shabibi was being escorted because one of the requests that Dr. Abadi got when he went to Washington, DC … two weeks ago was the “protection” of Dr. S.
Dr. Abadi realizes that during this type of lava flow of the monetary reform … there is a pattern with Malik … who likes to stick his big-nose into the monetary reform – which is none of his business.
M is no longer the Prime Minister … no longer has any voice whatsoever … but that pattern haunted Dr. Shabibi. And he got what he wanted.
With that said … we told you last week that one of the most powerful men … who sits on the board of the BIS and the IMF … (Dr. Jens) … who is a dear friend (almost like family) with Dr. Shabibi.
He is an important man. We told you that he went into a meeting with Dr. Shabibi, and in a few hours our Teams said … “we got ‘em!” … which to us meant that we got “JAMES!”. So we were excited … because that was code for … “We got the BONDS!”
Dr. Abadi realizes that during this type of lava flow of the monetary reform … there is a pattern with Malik … who likes to stick his big-nose into the monetary reform – which is none of his business.
M is no longer the Prime Minister … no longer has any voice whatsoever … but that pattern haunted Dr. Shabibi. And he got what he wanted.
With that said … we told you last week that one of the most powerful men … who sits on the board of the BIS and the IMF … (Dr. Jens) … who is a dear friend (almost like family) with Dr. Shabibi.
He is an important man. We told you that he went into a meeting with Dr. Shabibi, and in a few hours our Teams said … “we got ‘em!” … which to us meant that we got “JAMES!”. So we were excited … because that was code for … “We got the BONDS!”
|
These bonds are finding a way to being funded … but remember … certain steps must lead up to bonds for a particular country.
In the process … Maliki … [kinda disappeared]. I challenged you … find M … cause the GOI is looking for M to put criminal charges on him. So where is he? |
Now … for those who are new … when I tell you that I’m sitting on my “BLUE COUCH” … it means that I’m having a dream … could be a nightmare … basically I have no idea what I’m talking about. (wink, wink)
So … as I sit on my BLUE COUCH … I can tell you that M was slipped something to knock him out and he went into an induced coma.
And there was one day (less than 24 hours) where you were told that … (but not at all since then).
Now, I’ve heard of “sleep-walking” … but there is now way that M is not going to be able to do a “walking coma” – he’s out … while the monetary reform took hold.
Then all of the sudden … this powerful man … a dear friend of Dr. Shabibi made it possible for the BONDS. You saw the articles that started coming out.
I need to talk to you about these BONDS family.
Every country that wishes to pay its bills … finds ways to do so.
If not … the relationship between other countries (international) can never be established.
They will only self implode within their own borders. Basically create “fagocitosis” - [Spanish medical term] the process where a cell starts to eat itself.
The country will implode … and in essence eat itself in order to survive … because no one will help them.
But they have two ways now.
Every country finds ways to pay their bills … if not … no man is an island.
Iraq is in the “pipeline” … in the process of the BONDS that you are about to learn about.
But more interesting … more amazing … more calibrating … is the fact that these BONDS are now showing a maturity date … on these bonds. Can you see it? Yeah. Do you know where to look?
I don’t know, but that why we’re here together. It won’t be my responsibility … you’ll hear how TopShelf says they are being funded … and Delta will pick up on that part when he comes in.
Going forward with the monetary reform, the budget, the salaries, the private sector … everything that is in line.
First of all … we need an credit update … a credit rating for the banking systems in Iraq. Did Iraq get it? YES!
Humm … interesting … because they were degraded last year … but upgraded this year. Why?
Because it is one of the first steps REQUIRED in orfer for a country to establish its own BONDS.
Here’s the key … these BONDS are about ready to be released.
These BONDS are not being done now … because they got permission to raise these BONDS on MARCH the 3rd of 2015!
The green light allowed them to do what they are doing … right in front of your eyes!
It is not only raising the 3 zeros from the exchange rate of the currency … but finding ways that they can FULFILL their budget and explode the private sector, economy, bring in INTERNATIONAL trade. This is VERY BIG!
They must UPGRADE their banking systems … they did it while you were asleep since March 3rd.
There are TWO TYPES OF BONDS … and boy do you really need to understand this!!!
We still have members on our forum … who throw their hands up in the air … in panic over the 50,000 notes … or a LOP situation. I will NO LONGER DEAL WITH THIS!
I’ve asked our staff to please jump in and help others understand what is going on here. (We realize that not everyone comes to class on the same day) … and it causes problems.
A member of our forum … made a post and said something like … “Frank, maybe they will make the 50,000 and 100,000 notes so that the banks can pay each other.” NO, NO, NO!!!
The banks have plenty of 25k notes … plus the ones that you are going to be giving back to them. Plus the reserves around the world.
Please DROP THIS FAMILY!!! The 50k and 100k notes … there is no such thing … and will NOT be replaced with anything. The citizens of Iraq are not getting confused … they already speak Arabic.
The BONDS are a pipeline process that is being approved as we speak.
The “GREEN-LIGHT” was not just to remove the 3 zeros … it was given to do the monetary reform process … basically to COMPLETE ARTICLE 8!!!
The BONDS are out. Here is the magic question. Are they selling these bonds in USD? What good would that do for them?
There are TWO types of BONDS
1- DOMESTIC BOND
2- INTERNATIONAL BOND (yeah!)
These are not being sold in USD … but IQD’s!!!
So … the DOMESTIC BONDS … (the ones being sold inside the country) … to the citizens, businesses, government workers, etc. … are they going to be some in dinars? (Yea)
Do you know anyone who is going to buy BONDS at the 1166 rate? (No!)
Now … tell me about the INTERNATIONAL BONDS. (Yea)
They are being sold? (Yea)
At what rate? (1166)
Do you know anyone who is going to buy them? (Nah)
Wow!
So … these are two types of BONDS family. And they’re ready? (Yea)
This is like a bomb … that has the firing-cap to it … the primer inside of it.
This thing is ready to be dropped on somebody.
For Iraq’s banks … these can only be sold in IQD … because it’s their country – their currency.
What does that sound like? “Article 8 compliance!!!”
They’re not going to sell them at 1166 because they can’t sell them at 1166 right now! With or without bonds! (LOL)
Check this out … according to Dr. Shabibi … the CBI (an whoever is in charge) … they’re going to sell these BONDS … (between 5 to 10 BILLION) over a certain period of time. These are the ones that are going to be sold outside of Iraq. Inside … “hey … bonds for sale!” [Alms for the poor … Bonds for the poor]. LOL
Outside of Iraq … 1 to 5 billion INTERNATIONAL BONDS being sold in IQD … let’s just pretend at a 1 to 1 rate … outside of Iraq … that would be 5 BILLION worth … 1 to 5 years … to be sold internationally.
So you’re saying that from 2015 to 2020 you can see a maturity date on them? (Yea)
Do you understand that we already know the rate? .85 to about a dollar something based on the CBI spreadsheet? (Yea)
So … if we know the rate on the CBI spreadsheet … (from .85 up to $3 PLUS) … which may take some time … what are you trying to say? So … after the RV … these BONDS will have a much higher value, right? (Yea)
Do you realize that we can figure things out even further now? (Yea)
Do you realize that the mathematics is becoming clear? (Yea)
If they sell these in IQD’s … will they have to be paid at maturity? (Yea)
We already know the date … of when the BONDS mature … don’t we? (Yea … 5 years from now).
Well … we’ve got some serious numbers now that we can do some serious calculations with right? (Yea)
Ok … this is impressive! This is impressive!
Do you think TopShelf can figure some of these numbers out? (Yea)
So what would happen if these bonds were being sold in American Dollars? What would happen?
Well … based on the maturity … there would be a lot less for Iraq to pay out.
What do you mean by that?
Well … a dollar would just be 1 to 1.
But these BONDS are about to go up in value from 1166 … up to 1 to 1 (like the USD) … but they’re going to go past the American Dollar … over time … probably within the next 5 years for sure.
That’s why the DOMESTIC and INTERNATIONAL BONDS must be sold in IQD … because they are going to go up in value.
If they go up in value … they should be worth 1, 2 or 3 times more than they are now. (Yea)
So the CBI would have to pay on the maturity date of the IQD … 1, 2 or 3 times more than they have too. (Yea)
So … I’d much rather they be in American Dollars … so that we just pay them 1 to 1. (Yea)
LOL … who’s idea was this? (Shabibi) LOL!!! Come here Shabibi … give me a hug!
So why DOMESTIC BONDS again?
Well when you are going to RV … it’s also going to another thing.
In the domestic bonds … they are going to buy them in their currency. Outside, they can buy them with any currency.
They know the value is going to go up. This will only suck the FINAL 3 zeros (the remaining 25k notes that are inside of Iraq) … the ones that Iraqi’s are hidden under the bed … the ones that they are hording … because they know they are about to go up in value.
Sure [as an Iraqi citizen] it would be nice to have “purchasing power” … but I [Iraqi citizens] would like to be rich like those outside … and I can only do that with the 3 zeros … not the lower denoms that they’re about to assign to me. Well, this sucks [as an Iraqi].
But … if we sell the bonds to them … it would almost be like trading their 3 zeros for what they’re about to make. That’s brilliant!
Who thought of this? (Dr. S.) Come here Dr. S … give me a hug!
These bonds will be sold through Iraqi banks … and only the GOI and CBI will come up with these bonds to reduce more of the 3 zeros that are out there in the streets … because the bonds will be paid in IQD’s. Wow!
INTERNATIONAL BONDS … that’s what’s going to drive it from a 1 to 1 ratio up to a 2 and a 3. (Yep)
Did you see that Kuwait is also selling BONDS now? (Yep!)
Did you see that they are selling them in dinars? Yep!
Because Kuwait already has value … and they’re not waiting to go into an RV.
That’s deep and profound!
The value will only continue to go up family … I told you 1, 2 or 3 times its value … in 1 or 2 years … or overnight … heck I don’t know.
It depends on the whales and the sharks. It depends on the international investors coming into Iraq. It depends on the people outside that are willing to buy these bonds.
So … as I sit on my BLUE COUCH … I can tell you that M was slipped something to knock him out and he went into an induced coma.
And there was one day (less than 24 hours) where you were told that … (but not at all since then).
Now, I’ve heard of “sleep-walking” … but there is now way that M is not going to be able to do a “walking coma” – he’s out … while the monetary reform took hold.
Then all of the sudden … this powerful man … a dear friend of Dr. Shabibi made it possible for the BONDS. You saw the articles that started coming out.
I need to talk to you about these BONDS family.
Every country that wishes to pay its bills … finds ways to do so.
If not … the relationship between other countries (international) can never be established.
They will only self implode within their own borders. Basically create “fagocitosis” - [Spanish medical term] the process where a cell starts to eat itself.
The country will implode … and in essence eat itself in order to survive … because no one will help them.
But they have two ways now.
Every country finds ways to pay their bills … if not … no man is an island.
Iraq is in the “pipeline” … in the process of the BONDS that you are about to learn about.
But more interesting … more amazing … more calibrating … is the fact that these BONDS are now showing a maturity date … on these bonds. Can you see it? Yeah. Do you know where to look?
I don’t know, but that why we’re here together. It won’t be my responsibility … you’ll hear how TopShelf says they are being funded … and Delta will pick up on that part when he comes in.
Going forward with the monetary reform, the budget, the salaries, the private sector … everything that is in line.
First of all … we need an credit update … a credit rating for the banking systems in Iraq. Did Iraq get it? YES!
Humm … interesting … because they were degraded last year … but upgraded this year. Why?
Because it is one of the first steps REQUIRED in orfer for a country to establish its own BONDS.
Here’s the key … these BONDS are about ready to be released.
These BONDS are not being done now … because they got permission to raise these BONDS on MARCH the 3rd of 2015!
The green light allowed them to do what they are doing … right in front of your eyes!
It is not only raising the 3 zeros from the exchange rate of the currency … but finding ways that they can FULFILL their budget and explode the private sector, economy, bring in INTERNATIONAL trade. This is VERY BIG!
They must UPGRADE their banking systems … they did it while you were asleep since March 3rd.
There are TWO TYPES OF BONDS … and boy do you really need to understand this!!!
We still have members on our forum … who throw their hands up in the air … in panic over the 50,000 notes … or a LOP situation. I will NO LONGER DEAL WITH THIS!
I’ve asked our staff to please jump in and help others understand what is going on here. (We realize that not everyone comes to class on the same day) … and it causes problems.
A member of our forum … made a post and said something like … “Frank, maybe they will make the 50,000 and 100,000 notes so that the banks can pay each other.” NO, NO, NO!!!
The banks have plenty of 25k notes … plus the ones that you are going to be giving back to them. Plus the reserves around the world.
Please DROP THIS FAMILY!!! The 50k and 100k notes … there is no such thing … and will NOT be replaced with anything. The citizens of Iraq are not getting confused … they already speak Arabic.
The BONDS are a pipeline process that is being approved as we speak.
The “GREEN-LIGHT” was not just to remove the 3 zeros … it was given to do the monetary reform process … basically to COMPLETE ARTICLE 8!!!
The BONDS are out. Here is the magic question. Are they selling these bonds in USD? What good would that do for them?
There are TWO types of BONDS
1- DOMESTIC BOND
2- INTERNATIONAL BOND (yeah!)
These are not being sold in USD … but IQD’s!!!
So … the DOMESTIC BONDS … (the ones being sold inside the country) … to the citizens, businesses, government workers, etc. … are they going to be some in dinars? (Yea)
Do you know anyone who is going to buy BONDS at the 1166 rate? (No!)
Now … tell me about the INTERNATIONAL BONDS. (Yea)
They are being sold? (Yea)
At what rate? (1166)
Do you know anyone who is going to buy them? (Nah)
Wow!
So … these are two types of BONDS family. And they’re ready? (Yea)
This is like a bomb … that has the firing-cap to it … the primer inside of it.
This thing is ready to be dropped on somebody.
For Iraq’s banks … these can only be sold in IQD … because it’s their country – their currency.
What does that sound like? “Article 8 compliance!!!”
They’re not going to sell them at 1166 because they can’t sell them at 1166 right now! With or without bonds! (LOL)
Check this out … according to Dr. Shabibi … the CBI (an whoever is in charge) … they’re going to sell these BONDS … (between 5 to 10 BILLION) over a certain period of time. These are the ones that are going to be sold outside of Iraq. Inside … “hey … bonds for sale!” [Alms for the poor … Bonds for the poor]. LOL
Outside of Iraq … 1 to 5 billion INTERNATIONAL BONDS being sold in IQD … let’s just pretend at a 1 to 1 rate … outside of Iraq … that would be 5 BILLION worth … 1 to 5 years … to be sold internationally.
So you’re saying that from 2015 to 2020 you can see a maturity date on them? (Yea)
Do you understand that we already know the rate? .85 to about a dollar something based on the CBI spreadsheet? (Yea)
So … if we know the rate on the CBI spreadsheet … (from .85 up to $3 PLUS) … which may take some time … what are you trying to say? So … after the RV … these BONDS will have a much higher value, right? (Yea)
Do you realize that we can figure things out even further now? (Yea)
Do you realize that the mathematics is becoming clear? (Yea)
If they sell these in IQD’s … will they have to be paid at maturity? (Yea)
We already know the date … of when the BONDS mature … don’t we? (Yea … 5 years from now).
Well … we’ve got some serious numbers now that we can do some serious calculations with right? (Yea)
Ok … this is impressive! This is impressive!
Do you think TopShelf can figure some of these numbers out? (Yea)
So what would happen if these bonds were being sold in American Dollars? What would happen?
Well … based on the maturity … there would be a lot less for Iraq to pay out.
What do you mean by that?
Well … a dollar would just be 1 to 1.
But these BONDS are about to go up in value from 1166 … up to 1 to 1 (like the USD) … but they’re going to go past the American Dollar … over time … probably within the next 5 years for sure.
That’s why the DOMESTIC and INTERNATIONAL BONDS must be sold in IQD … because they are going to go up in value.
If they go up in value … they should be worth 1, 2 or 3 times more than they are now. (Yea)
So the CBI would have to pay on the maturity date of the IQD … 1, 2 or 3 times more than they have too. (Yea)
So … I’d much rather they be in American Dollars … so that we just pay them 1 to 1. (Yea)
LOL … who’s idea was this? (Shabibi) LOL!!! Come here Shabibi … give me a hug!
So why DOMESTIC BONDS again?
Well when you are going to RV … it’s also going to another thing.
In the domestic bonds … they are going to buy them in their currency. Outside, they can buy them with any currency.
They know the value is going to go up. This will only suck the FINAL 3 zeros (the remaining 25k notes that are inside of Iraq) … the ones that Iraqi’s are hidden under the bed … the ones that they are hording … because they know they are about to go up in value.
Sure [as an Iraqi citizen] it would be nice to have “purchasing power” … but I [Iraqi citizens] would like to be rich like those outside … and I can only do that with the 3 zeros … not the lower denoms that they’re about to assign to me. Well, this sucks [as an Iraqi].
But … if we sell the bonds to them … it would almost be like trading their 3 zeros for what they’re about to make. That’s brilliant!
Who thought of this? (Dr. S.) Come here Dr. S … give me a hug!
These bonds will be sold through Iraqi banks … and only the GOI and CBI will come up with these bonds to reduce more of the 3 zeros that are out there in the streets … because the bonds will be paid in IQD’s. Wow!
INTERNATIONAL BONDS … that’s what’s going to drive it from a 1 to 1 ratio up to a 2 and a 3. (Yep)
Did you see that Kuwait is also selling BONDS now? (Yep!)
Did you see that they are selling them in dinars? Yep!
Because Kuwait already has value … and they’re not waiting to go into an RV.
That’s deep and profound!
The value will only continue to go up family … I told you 1, 2 or 3 times its value … in 1 or 2 years … or overnight … heck I don’t know.
It depends on the whales and the sharks. It depends on the international investors coming into Iraq. It depends on the people outside that are willing to buy these bonds.
Why do you think we sold US bonds during the war? We had to finance the war.
Why do you think they are selling INTERNATIONAL BONDS? They’re going to finance their country.
This country is so filthy rich … it’s full of stars … everybody will pay her ... everyone will bow to her … these are the words found in my Bible.
They are so filthy rich … that they could raise their value right now … but no … they are going to get every last penny they can.
Let’s see … I’m selling you 5 BILLION DINARS worth … which would be 5 TRILLION over the next 5 years … there are some serious numbers here!!!
There is no doubt … it is better to pay them at 5½% that the bonds will pay in their currency … then with the RI rate which would go up from the 1166 to who knows what? That would shatter 5½% !!! LOL
By the way … here’s a little SIDE NOTE … October 28th … (back when we thought we were so close to an RV) … but then on November 1st … we told you … there are 3 factors:
1- The US economy … (humm … all of the sudden we got 3.7 Trillion last week into our budget) – where did that come from?
2- Oil Prices would dramatically drop … (which everyone thought was impossible) … yet it did. It destroyed the BRICS … and allowed Vietnam to be where it is now.
3- Gold
Remember in February … oil prices would go up and stabilize.
Let me see if we have our intel in from our OIL TEAM expert.
Oil is going back up for the remainder of this year.
Even though oil prices will go up … because maybe there was a budget deal was struck … something with a budget … and it would compete again someone … like Iran … even though oil will go up … gold should down … BUT NO … in this case … both OIL and GOLD are expected to GO UP like a twin-tower.
These bonds were extremely important.
They needed a credit rating for the banking structure … and they got it.
They needed a GREEN-LIGHT to lift 3 zeros from their exchange rate … and they got it.
They needed bonds established … and they got it.
They needed the lower denoms and coins ready … they got ‘em.
5 Billion in the private banking system … but the CBI wanted to invest … wait a minute … do you remember the article last week … something like 5 TRILLION worth … and now it says 5 BILLION to invest … that a 1 to 1 figure!
No … they don’t have 5 Trillion. They have 5 Billion at .85 to 1.00 +
The IMF told them … get your dog-gone tariff laws in place … and they are.
The IMF told them to lift their 3 zeros … and I can see the mathematics since they did.
They will only enhance the value of the IQD by lifting the 3 zeros … but it will also enhance the value of the IMF too. Did you hear that? I won’t repeat it. That is powerful.
Why do you think that is being done? (You scratch my back … and I’ll scratch yours)
This LAVA is hot … why do you think I’m wearing red? These bonds are HOT!
Hey Frank … is there a holiday coming up in Iraq? (Who cares).
Business must continue as usual. Do you understand?
Why does Dr. S want this? Because it’s an adjustment period.
You know that the webmaster of our forum is losing his eyesight … and in about a month … we are going to have to migrate to another server. That may take us offline for 3 hours … 24 hours … we don’t know. It’s an adjustment period. You don’t think that the CBI needs to do this?
The World Bank has a huge delegation over there right now. I think it for the final touches for the introduction of the new rate.
They got a new credit rating.
They got the bonds set up.
And all of this BEFORE Ramadan? (Yea … before Ramadan)
Comments may be made at the end of Part 2 Thank You
Why do you think they are selling INTERNATIONAL BONDS? They’re going to finance their country.
This country is so filthy rich … it’s full of stars … everybody will pay her ... everyone will bow to her … these are the words found in my Bible.
They are so filthy rich … that they could raise their value right now … but no … they are going to get every last penny they can.
Let’s see … I’m selling you 5 BILLION DINARS worth … which would be 5 TRILLION over the next 5 years … there are some serious numbers here!!!
There is no doubt … it is better to pay them at 5½% that the bonds will pay in their currency … then with the RI rate which would go up from the 1166 to who knows what? That would shatter 5½% !!! LOL
By the way … here’s a little SIDE NOTE … October 28th … (back when we thought we were so close to an RV) … but then on November 1st … we told you … there are 3 factors:
1- The US economy … (humm … all of the sudden we got 3.7 Trillion last week into our budget) – where did that come from?
2- Oil Prices would dramatically drop … (which everyone thought was impossible) … yet it did. It destroyed the BRICS … and allowed Vietnam to be where it is now.
3- Gold
Remember in February … oil prices would go up and stabilize.
Let me see if we have our intel in from our OIL TEAM expert.
Oil is going back up for the remainder of this year.
Even though oil prices will go up … because maybe there was a budget deal was struck … something with a budget … and it would compete again someone … like Iran … even though oil will go up … gold should down … BUT NO … in this case … both OIL and GOLD are expected to GO UP like a twin-tower.
These bonds were extremely important.
They needed a credit rating for the banking structure … and they got it.
They needed a GREEN-LIGHT to lift 3 zeros from their exchange rate … and they got it.
They needed bonds established … and they got it.
They needed the lower denoms and coins ready … they got ‘em.
5 Billion in the private banking system … but the CBI wanted to invest … wait a minute … do you remember the article last week … something like 5 TRILLION worth … and now it says 5 BILLION to invest … that a 1 to 1 figure!
No … they don’t have 5 Trillion. They have 5 Billion at .85 to 1.00 +
The IMF told them … get your dog-gone tariff laws in place … and they are.
The IMF told them to lift their 3 zeros … and I can see the mathematics since they did.
They will only enhance the value of the IQD by lifting the 3 zeros … but it will also enhance the value of the IMF too. Did you hear that? I won’t repeat it. That is powerful.
Why do you think that is being done? (You scratch my back … and I’ll scratch yours)
This LAVA is hot … why do you think I’m wearing red? These bonds are HOT!
Hey Frank … is there a holiday coming up in Iraq? (Who cares).
Business must continue as usual. Do you understand?
Why does Dr. S want this? Because it’s an adjustment period.
You know that the webmaster of our forum is losing his eyesight … and in about a month … we are going to have to migrate to another server. That may take us offline for 3 hours … 24 hours … we don’t know. It’s an adjustment period. You don’t think that the CBI needs to do this?
The World Bank has a huge delegation over there right now. I think it for the final touches for the introduction of the new rate.
They got a new credit rating.
They got the bonds set up.
And all of this BEFORE Ramadan? (Yea … before Ramadan)
Comments may be made at the end of Part 2 Thank You
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