WHAT’S THE SCOOP WITH 50,000 DINAR NOTE?
RE: http://ift.tt/1PiXDEH
I WOULD LIKE TO COMMENT TO BOND LADY PLEASE, YOUR ANALYSIS IS DEAD ON AND THEY HAVE TOLD JUST WHAT YOU EXPLAINED.
HERE IS JUST ONE CURRENT PIECE OF THE MANY TIMES THE CBI TOLD US WHAT THEIR INTENTIONS WERE.
IT ESCAPES MY SENSES WHY SOME FOLKS WANT TO REWRITE WHAT IS MEANT BY THIS 50K NOTE.
IT IS NOT A MISPRINT, IT IS NOT MAKE BELIEVE IT IS ACTUALLY OCCURRING AND IT IS NOT SCARY IN FACT IT’S GENIUS.
....
RE: http://ift.tt/1PiXDEH
I WOULD LIKE TO COMMENT TO BOND LADY PLEASE, YOUR ANALYSIS IS DEAD ON AND THEY HAVE TOLD JUST WHAT YOU EXPLAINED.
HERE IS JUST ONE CURRENT PIECE OF THE MANY TIMES THE CBI TOLD US WHAT THEIR INTENTIONS WERE.
IT ESCAPES MY SENSES WHY SOME FOLKS WANT TO REWRITE WHAT IS MEANT BY THIS 50K NOTE.
IT IS NOT A MISPRINT, IT IS NOT MAKE BELIEVE IT IS ACTUALLY OCCURRING AND IT IS NOT SCARY IN FACT IT’S GENIUS.
....
the Governor of the Central Bank on the Keywords in its last meeting the subject of currency printed in the case of the availability of financial liquidity, "noting that" the central bank decided to reprint some of the larger denominations to create the removal of zeros from the currency in the coming period.
" He added that "due Categories printed and fifty-one hundred thousand Iraqi dinars, "pointing out that" the thoughtful decision maker and for more than two years and only implementation remain. " LINK
THIS IS ALL PART OF THE MONETARY REFORM AND IT IS A GOOD THING. THIS IS ACTUALLY BRILLIANT ON THE CENTRAL BANKS PART.
IRAQ HAS ACCOMPLISHED SEVERAL THINGS WITH THIS 50K NOTE,
THEY ARE INCREASING MONEY SUPPLY WITH OUT INCREASING NOTE COUNT
THEY ARE CURBING INFLATION
AS IRAQ GROWS THEY ARE GOING HAVE TO INCREASE MONEY SUPPLY WHICH THEY ARE DOING NOW.
THE SAME NOTES WILL SERVE AS THE LOWER NOTES WHEN THEY REMOVE THE ZEROS FROM IT DURING THEIR CURRENCY REFORM..
AND THIS IS NOT THE FIRST WE ARE HEARING OF THIS, WE HEARD IT FOR THE FIRST TIME EARLY LAST YEAR WHEN TURKI WAS SPEAKING OF THIS NOTE.
THE 50 DINAR NOTES THEY CANCELLED FROM CIRCULATION FOR GOOD ALLOWED THEM TO BE ABLE TO DISTRIBUTE THE 50K WITH OUT INCREASING NOTE COUNT.
IT IS JUST IN MY THOUGHT PROCESS BUT I THINK IF THEY DECIDE TO DISTRIBUTE THE 100K THAT THEY HAVE THEY WILL DO THAT AFTER PULLING IN THE 250 NOTE. SO WE JUST WAIT AND WE WATCH WHAT HAPPENS.
IN ANY EVENT THIS WILL NOT AFFECT US AND THE NOTES WE HAVE.
IF YOU REMEMBER A POST I DID ON THE CENTRAL BANK SOME TIME AGO IT WAS IN THERE THAT TURKI WAS TALKING ABOUT DELETING THREE ZEROS AND HE SAID IT WOULD BE WITH THE UNDERSTANDING THAT ALL NOTES OUTSIDE THE COUNTRY NEVER COME BACK TO IRAQ IN PERSON.
ELECTRONIC CREDIT WOULD BE GIVEN BUT THE NOTES WERE TO BE DESTROYED. SO WHY IS THAT?
BECAUSE THEY HAVE ALL NEW NOTES COMING OUT AND THEY ARE THE 5K, THE 10K, THE 25K AND THE NOW NEW 50K.
" He added that "due Categories printed and fifty-one hundred thousand Iraqi dinars, "pointing out that" the thoughtful decision maker and for more than two years and only implementation remain. " LINK
THIS IS ALL PART OF THE MONETARY REFORM AND IT IS A GOOD THING. THIS IS ACTUALLY BRILLIANT ON THE CENTRAL BANKS PART.
IRAQ HAS ACCOMPLISHED SEVERAL THINGS WITH THIS 50K NOTE,
THEY ARE INCREASING MONEY SUPPLY WITH OUT INCREASING NOTE COUNT
THEY ARE CURBING INFLATION
AS IRAQ GROWS THEY ARE GOING HAVE TO INCREASE MONEY SUPPLY WHICH THEY ARE DOING NOW.
THE SAME NOTES WILL SERVE AS THE LOWER NOTES WHEN THEY REMOVE THE ZEROS FROM IT DURING THEIR CURRENCY REFORM..
AND THIS IS NOT THE FIRST WE ARE HEARING OF THIS, WE HEARD IT FOR THE FIRST TIME EARLY LAST YEAR WHEN TURKI WAS SPEAKING OF THIS NOTE.
THE 50 DINAR NOTES THEY CANCELLED FROM CIRCULATION FOR GOOD ALLOWED THEM TO BE ABLE TO DISTRIBUTE THE 50K WITH OUT INCREASING NOTE COUNT.
IT IS JUST IN MY THOUGHT PROCESS BUT I THINK IF THEY DECIDE TO DISTRIBUTE THE 100K THAT THEY HAVE THEY WILL DO THAT AFTER PULLING IN THE 250 NOTE. SO WE JUST WAIT AND WE WATCH WHAT HAPPENS.
IN ANY EVENT THIS WILL NOT AFFECT US AND THE NOTES WE HAVE.
IF YOU REMEMBER A POST I DID ON THE CENTRAL BANK SOME TIME AGO IT WAS IN THERE THAT TURKI WAS TALKING ABOUT DELETING THREE ZEROS AND HE SAID IT WOULD BE WITH THE UNDERSTANDING THAT ALL NOTES OUTSIDE THE COUNTRY NEVER COME BACK TO IRAQ IN PERSON.
ELECTRONIC CREDIT WOULD BE GIVEN BUT THE NOTES WERE TO BE DESTROYED. SO WHY IS THAT?
BECAUSE THEY HAVE ALL NEW NOTES COMING OUT AND THEY ARE THE 5K, THE 10K, THE 25K AND THE NOW NEW 50K.
RIGHT NOW IRAQ IS PRIMARILY ON THE DOLLAR IN THE MARKET, THE CENTRAL BANK HAS CLEARLY SAID OVER AND OVER AGAIN AND YOU CAN PULL UP PAST POSTS I DID AND READ THE LINKS FOR YOURSELF, BUT THEY HAVE SAID REPEATEDLY THAT THE LARGER NOTES WILL EASIER FOR THE CITIZEN TO CARRY REQUIRING LESS NOTES DUE TO THE CURRENT PRICING IN THE COUNTRY.
I DO NOT UNDERSTAND WHY THIS IS TROUBLESOME IN DINAR LAND, THIS IS A GOOD THING AND AS THEY HAVE SAID A NECESSARY STEP IN THE MONETARY REFORM AND THEN LATER WILL BE INSTRUMENTAL IN THE CURRENCY REFORM.
GIVE IRAQ SOME CREDIT PLEASE EVERYTHING THEY DO IS DELIBERATE AND VERY WELL THOUGHT OUT.
THIS 50K MOVE IS GENIUS IF YOU THINK ABOUT IT AND LOOK AT IT WITH OUT DINAR GOGGLES ON.
I SAY BOND LADY WONDERFUL JOB EXPLAINING THINGS, THANK YOU.
LOVE TO ALL MY LADIES
I DO NOT UNDERSTAND WHY THIS IS TROUBLESOME IN DINAR LAND, THIS IS A GOOD THING AND AS THEY HAVE SAID A NECESSARY STEP IN THE MONETARY REFORM AND THEN LATER WILL BE INSTRUMENTAL IN THE CURRENCY REFORM.
GIVE IRAQ SOME CREDIT PLEASE EVERYTHING THEY DO IS DELIBERATE AND VERY WELL THOUGHT OUT.
THIS 50K MOVE IS GENIUS IF YOU THINK ABOUT IT AND LOOK AT IT WITH OUT DINAR GOGGLES ON.
I SAY BOND LADY WONDERFUL JOB EXPLAINING THINGS, THANK YOU.
LOVE TO ALL MY LADIES
via Dinar Recaps - Our Blog http://ift.tt/1JId56u
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