KTFA:
Aggiedad77: Family here are notes from last night's CC....I apologize I was not able to clearly hear all the questions that were asked so only captured those that I could. Please enjoy. Aloha Randy
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
CC Notes from Monday 01-18-2016
Frank26: Let us start the second part of our conference call. DELTA will be joining us Family….you know it has been a while since he has been with us…..so let’s you and me start talking about the Iraqi dinar investment that we are involved in…..what do you think….are you happy….are you sad….what’s your mood right now based on the things that you know.
....
Aggiedad77: Family here are notes from last night's CC....I apologize I was not able to clearly hear all the questions that were asked so only captured those that I could. Please enjoy. Aloha Randy
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
CC Notes from Monday 01-18-2016
Frank26: Let us start the second part of our conference call. DELTA will be joining us Family….you know it has been a while since he has been with us…..so let’s you and me start talking about the Iraqi dinar investment that we are involved in…..what do you think….are you happy….are you sad….what’s your mood right now based on the things that you know.
....
Me personally I’m ecstatic….I praise God I am really happy….because the things we are seeing now in front of us….no hearsay, not rumors, not guesstimations, but the things they are showing us and then you can go and verify them….
Well these are steps for a Monetary Reform of a currency for a country. If not, someone is wasting a lot of time….and a lot of money to accomplish something like this.
The last time we were together Family….in fact if you look at the notes that aggiedad did for you on the last time that we were together….at the very bottom it says…..and…what is the IMF doing…and what was the answer….they are doing the math….they are doing the new math of the CBI….remember that…that was the last thing that I said to you.
Alright that is good to know…..do we have any evidence that math has been done at the IMF that has been given to the CBI that in turn is being given to their banks by the CBI….yeah I think so.
Look here, do you see this….this is a deck of cards….now I’ll show you that you are seeing the ace….they are in numerical order because I just bought the deck….now the reason I bring this deck of cards out is because I want to tell you something….see that….the ace of spades….now watch….if I reach under here…..what I should show you is the ace of spades right….whoa…what happened where did it go….ok again….see this is the 5 of spades….oh dear it is the 6 of spades….but the 5 of spades is still at the bottom of the deck….that is known as slight of hands….known as magic….trickery….deception…..slight of hands.
Family there is no slight of hands in the Monetary Reform of the Iraqi dinar right now…..it is going about its business doing a very masterful job….to be honest with you….IMO….I think it is very masterful.
Tonight DELTA is going to come in and he is going to tell you…which you have already figured out by the way….congratulations….now I know Martin Luther King Day today….a lot of playoffs on Saturday and Sunday….but two days ago….actually three days ago but we didn’t release it…it was two days ago that WalkingStick puts a notice out from the CBI on our forum….what did it say.
Basically the CBI was telling the rest of its banks, brokers, and traders and everybody that we are now going to start to deal with currency from other countries….big deal….we already deal with th Euro, the USD….no we don’t….we don’t….no…we stopped doing that….that’s right you guys passed a law….I forgot….after the 1st right…yep pretty much.
Ok…if you don’t deal with any foreign currency….why are you going to deal with any foreign currency….you see this foreign currency represents international representation….it represents different countries….and each one of these countries has the same system for banking….now we in Iraq…..we don’t have that banking system….well we do now…but we’ve never had it before…in fact when it arrived nobody really knew what it was and we just left it in the corner for a week until someone unwrapped it and said…oh look….so we can apply this system to our banks…
CBI…..yep….to accept foreign currency from around the world….yep…..and we can give them our currency for it….yep….you do know we are at 1180 right….yeah….I suppose we could this at 1180 can’t we….oh yeah….but 1180 is a program rate….hold the phone….so….you aren’t going to do anything with a program rate…..it’s a PROGRAM RATE…..you can have a low rate….but a program rate is like handcuffs….
You mean I can be like Zimbabwe and still be international…..please stop talking about Zimbabwe…..ok….you mean I can be like the Dong and still be international….sure…..so the Iraqi dinar can be international at 1180….NO….it’s a program rate…it is a handcuff….it’s not even internationally recognized….that must be removed….ok…..when are we going to remove it….come on….we don’t give no dates….we don’t give no rates.
But you are working on the mathematics to remove that 1180….yeah….why do you ask silly questions….because everybody else does….alright then….they are not silly questions they are studious questions.
Iraq you are under an 1180 program rate from the IMF….that is a sanction…that is a handcuff…it has nothing to do with a rate that is internationally recognized….not even wanted…..now you can walk out of your environment you know….out of your niche into an international world at 1180….but you might as well try selling your bonds at 1180….well that didn’t work….well neither will….ohhhhh….is our homework almost done…..are your laws almost done….ummm….we got about 122 of them…you passed the majority of those laws….those laws were mainly little trivial things for the provinces…..the laws that we are talking about….you are doing them right now aren’t you…..yeah….but I mean we kind of already got them…no…no….you are doing them now aren’t you….yeah….tell me when you are done with the laws…..because we are done with the math.
Hey IMF….yes CBI….you do know that we have a lot of reserves don’t you….Central Bank has enough of our currency……yeah we are the ones that did the math behind it….besides you can’t really use your reserves right now anyway….but you know that because you are at 1180….who in the world is going to give you any profit…that is why we set up the foreign exchange with the banks right now…..because you guys are about to move your reserves.
Look at your notes Family we told you plenty of times….they actually have liquidity….it’s just that the liquidity has no value….therefor they have no liquidity.
Bonds…come on….and besides it is the same thing what we just said right now….bonds and anything else that you want to offer the citizens and outside international at a program rate it is beyond stupidity….the only thing these bonds are going to be used for is maybe PLATFORMS….certainly not for the citizens….certainly not for the international world.
Remember the last time we were together Family I told you there seems to be a lot of leaking going on….well….there is a lot of leaking going on…what are they talking about man….about changing the exchange rate….do you see that…remember how we give you KEYWORDS…this is a KEY SENTENCE…..CHANGING THE EXCHANGE RATE….four key words…it’s all over the bloody place….you go into the bathroom somewhere in Iraq and it’s grafetti on the wall in the toilets…it’s everywhere…..THEY ARE CHANGING THE EXCHANGE RATE…..
What are you doing next Friday….let’s go beat somebody up….no….no….let’s just go and join the Holy Man and the protesting….we don’t protest….ok the demonstrations or whatever they want to call them….ok….I go….and they are doing this because they are joining up with the Holy Man who sits there and says…Give us the reforms you liars….you promised me on January 1st….you lied…you lied.
You see the key is that they admitted there is a change coming.
One of the things that one of our TEAMS told us is……Frank they told us they are lost due to corruption….I said….say that again…..Frank they are telling us that they are lost….where….the CBI…yeah….they say they are lost due to corruption.
It is really important that SECURITY continues to dominate….and we believe that the laws that we are looking for that we believe will bring the new math….is also going to bring in a lot of SECURITY….the SECURITY was actually done physically….now it is being done lawfully.
As far as the riots go….or demonstrations or whatever….it really is important…..I don’t know of any articles that teach you these things….that’s actually good intel for our TEAMS and we mingle among them.
You see….do you remember 2 weeks ago I told you that it was actually being done….the US and the IMF were talking to the UN about putting more sanctions on Iraq again….now I will admit I don’t think I saw any articles that would back this up….but that doesn’t matter to me….we know what we are reporting to you….and that is why…..IMO….on Fridays there will never be any riots, any killings, anything stupid like burning buildings….but they do demonstrate every Friday with the Holy Man….trying to get their story across so they know what they want…and what they want is the reforms. Now why is it they don’t do anything bad on Fridays….because if they did…more than likely they would put sanctions on this country again.
I also think the laws have a lot to do with it….look the Amnesty Law…the Amnesty Law is important in order to arrest Maliki….in order for certain ministers not to be arrested and be protected…and I told you about the Hydrocarbon Law….it’s in the budget…ready to come out when the math makes it work….I like that….I never knew…IMO…of any other budget that had the HCL in it…..this is the first one….and this is only the second budget in the last 12 years that I have been studying Iraq that I actually saw the budget before the year started….the other one was back in 2003 before we went there…..the Investment Law….the Conscript Law…I think is already done….but all these laws there is a plethora of them….like 122 of them….most are done…..
There are a lot of petty laws….trivial laws…but these that I just mentioned…..these four or five…these are the backbone of the laws that I think will create the final STABILITY that we need in the CBI….because the CBI has been stable already with the counterfeiting….
I think they did a good job by replacing the k’s…..the 10’s, the 25’s, the 50’s, the 1’s….replacing with the ink blots….I’ll bet you anything that was from Jack Lew…from our side our people…..you see the Kurdistan people wanted their language to be put on the new currency….but we already printed it….we don’t care do it….ok and that worked out fine along with the new printed ones that they just did with the k’s that were to replace the corrupted currency of counterfeiting….it was just terrible.
So let’s hope for these laws….write that down….that combination….the laws will bring in the final SECURITY that we are looking for that will eventually allow the new math from the IMF to come to the new budget that will then trigger and open up a lot of things in that budget and one of them being the HCL.
Can they walk into an international world at 1180…..yeah….will you do business with them….will the international world do business with them….in my strong opinion….of course not…and on top of that there is a lot that needs to be paid back now and its being done…..if it’s not done in accordance with……see they came up with this path, this roadmap, this IMF blue print, these steps and if they….it’s got to go that way and if not Iraq can suffer. I remember telling you that they would implode in January….they are not imploding because of the things they are doing are just are just absolutely phenomenal….I’m really proud of their steps.
You see I told you when I first met you eight years ago that Iraq is like a company that you bought a stock from called the IQD and it is going to pay you a dividend called a rate change….it’s like a stock that you buy….you buy low and sell high….and that is the key to success on any floor.
So there is no way in the world that I’m going to buy any more at this ridiculous price….I need to sell it….and that is why all the banks and brokers have been told….get ready you are going to have a lot of foreign currency coming in and we are going to be able to sell our currency for it….we can make money now….we don’t have to use another countries money…..you think they are going to come in and exchange their currency for our currency at 1180….NO….well then why the heck are we doing this….get ready because there is a change a coming….well when is the change coming….STOP IT.
You know what the Shiites and the Holy Man want on Fridays….give us the corrupt ministers….can you just imagine all the bad ministers…all the bad guys…..they are probably pinching underwear….no don’t send me out there….but they are not….IMO….they are actually giving them a form of protection so the citizens don’t kill them…..because the citizens them….let us take care of them….let us speed up the reforms….let us make it a judge, jury and whatever….give us the corrupt ones…the Holy Man even says…give me…give me…pay attention to the Holy Man…..we want to do this right says whoever is there doing the work right now.
The laws that are coming are also very important for the Taxes and Tariffs….there we go again with the T&T….I thought we had the codes, I thought we had the math….I thought we had all of this….yeah and believe it or not there are laws that protect the borders….let’s not be ignorant…..let’s not be stubborn….every day we learn something together. I’m not here to tell you…look you missed this….I’m here to tell you look we are learning this together…..I’m not an expert at this.
So the immunity for ministers is important…..they said they would return back on the 19th right….here’s what I say….horse hockey….that’s Iraq’s story….they didn’t go anywhere….well the article says they did Frank and that they will be back on the 19th….fine…if you want to believe that why do you come and listen to me then.
You know what they have been working on…laws….lots of laws.
I want to tell you something Family…there is this thing about China that I would like to talk to you about….when I first met you I told you that China was very stubborn and they refused to raise the value of their currency….the IMF tells them but they don’t and they take advantage of imports and exports….ok that has been established over the last 8 years….and you have read about it and saw it on television and now you understand what that is all about.
Well these are steps for a Monetary Reform of a currency for a country. If not, someone is wasting a lot of time….and a lot of money to accomplish something like this.
The last time we were together Family….in fact if you look at the notes that aggiedad did for you on the last time that we were together….at the very bottom it says…..and…what is the IMF doing…and what was the answer….they are doing the math….they are doing the new math of the CBI….remember that…that was the last thing that I said to you.
Alright that is good to know…..do we have any evidence that math has been done at the IMF that has been given to the CBI that in turn is being given to their banks by the CBI….yeah I think so.
Look here, do you see this….this is a deck of cards….now I’ll show you that you are seeing the ace….they are in numerical order because I just bought the deck….now the reason I bring this deck of cards out is because I want to tell you something….see that….the ace of spades….now watch….if I reach under here…..what I should show you is the ace of spades right….whoa…what happened where did it go….ok again….see this is the 5 of spades….oh dear it is the 6 of spades….but the 5 of spades is still at the bottom of the deck….that is known as slight of hands….known as magic….trickery….deception…..slight of hands.
Family there is no slight of hands in the Monetary Reform of the Iraqi dinar right now…..it is going about its business doing a very masterful job….to be honest with you….IMO….I think it is very masterful.
Tonight DELTA is going to come in and he is going to tell you…which you have already figured out by the way….congratulations….now I know Martin Luther King Day today….a lot of playoffs on Saturday and Sunday….but two days ago….actually three days ago but we didn’t release it…it was two days ago that WalkingStick puts a notice out from the CBI on our forum….what did it say.
Basically the CBI was telling the rest of its banks, brokers, and traders and everybody that we are now going to start to deal with currency from other countries….big deal….we already deal with th Euro, the USD….no we don’t….we don’t….no…we stopped doing that….that’s right you guys passed a law….I forgot….after the 1st right…yep pretty much.
Ok…if you don’t deal with any foreign currency….why are you going to deal with any foreign currency….you see this foreign currency represents international representation….it represents different countries….and each one of these countries has the same system for banking….now we in Iraq…..we don’t have that banking system….well we do now…but we’ve never had it before…in fact when it arrived nobody really knew what it was and we just left it in the corner for a week until someone unwrapped it and said…oh look….so we can apply this system to our banks…
CBI…..yep….to accept foreign currency from around the world….yep…..and we can give them our currency for it….yep….you do know we are at 1180 right….yeah….I suppose we could this at 1180 can’t we….oh yeah….but 1180 is a program rate….hold the phone….so….you aren’t going to do anything with a program rate…..it’s a PROGRAM RATE…..you can have a low rate….but a program rate is like handcuffs….
You mean I can be like Zimbabwe and still be international…..please stop talking about Zimbabwe…..ok….you mean I can be like the Dong and still be international….sure…..so the Iraqi dinar can be international at 1180….NO….it’s a program rate…it is a handcuff….it’s not even internationally recognized….that must be removed….ok…..when are we going to remove it….come on….we don’t give no dates….we don’t give no rates.
But you are working on the mathematics to remove that 1180….yeah….why do you ask silly questions….because everybody else does….alright then….they are not silly questions they are studious questions.
Iraq you are under an 1180 program rate from the IMF….that is a sanction…that is a handcuff…it has nothing to do with a rate that is internationally recognized….not even wanted…..now you can walk out of your environment you know….out of your niche into an international world at 1180….but you might as well try selling your bonds at 1180….well that didn’t work….well neither will….ohhhhh….is our homework almost done…..are your laws almost done….ummm….we got about 122 of them…you passed the majority of those laws….those laws were mainly little trivial things for the provinces…..the laws that we are talking about….you are doing them right now aren’t you…..yeah….but I mean we kind of already got them…no…no….you are doing them now aren’t you….yeah….tell me when you are done with the laws…..because we are done with the math.
Hey IMF….yes CBI….you do know that we have a lot of reserves don’t you….Central Bank has enough of our currency……yeah we are the ones that did the math behind it….besides you can’t really use your reserves right now anyway….but you know that because you are at 1180….who in the world is going to give you any profit…that is why we set up the foreign exchange with the banks right now…..because you guys are about to move your reserves.
Look at your notes Family we told you plenty of times….they actually have liquidity….it’s just that the liquidity has no value….therefor they have no liquidity.
Bonds…come on….and besides it is the same thing what we just said right now….bonds and anything else that you want to offer the citizens and outside international at a program rate it is beyond stupidity….the only thing these bonds are going to be used for is maybe PLATFORMS….certainly not for the citizens….certainly not for the international world.
Remember the last time we were together Family I told you there seems to be a lot of leaking going on….well….there is a lot of leaking going on…what are they talking about man….about changing the exchange rate….do you see that…remember how we give you KEYWORDS…this is a KEY SENTENCE…..CHANGING THE EXCHANGE RATE….four key words…it’s all over the bloody place….you go into the bathroom somewhere in Iraq and it’s grafetti on the wall in the toilets…it’s everywhere…..THEY ARE CHANGING THE EXCHANGE RATE…..
What are you doing next Friday….let’s go beat somebody up….no….no….let’s just go and join the Holy Man and the protesting….we don’t protest….ok the demonstrations or whatever they want to call them….ok….I go….and they are doing this because they are joining up with the Holy Man who sits there and says…Give us the reforms you liars….you promised me on January 1st….you lied…you lied.
You see the key is that they admitted there is a change coming.
One of the things that one of our TEAMS told us is……Frank they told us they are lost due to corruption….I said….say that again…..Frank they are telling us that they are lost….where….the CBI…yeah….they say they are lost due to corruption.
It is really important that SECURITY continues to dominate….and we believe that the laws that we are looking for that we believe will bring the new math….is also going to bring in a lot of SECURITY….the SECURITY was actually done physically….now it is being done lawfully.
As far as the riots go….or demonstrations or whatever….it really is important…..I don’t know of any articles that teach you these things….that’s actually good intel for our TEAMS and we mingle among them.
You see….do you remember 2 weeks ago I told you that it was actually being done….the US and the IMF were talking to the UN about putting more sanctions on Iraq again….now I will admit I don’t think I saw any articles that would back this up….but that doesn’t matter to me….we know what we are reporting to you….and that is why…..IMO….on Fridays there will never be any riots, any killings, anything stupid like burning buildings….but they do demonstrate every Friday with the Holy Man….trying to get their story across so they know what they want…and what they want is the reforms. Now why is it they don’t do anything bad on Fridays….because if they did…more than likely they would put sanctions on this country again.
I also think the laws have a lot to do with it….look the Amnesty Law…the Amnesty Law is important in order to arrest Maliki….in order for certain ministers not to be arrested and be protected…and I told you about the Hydrocarbon Law….it’s in the budget…ready to come out when the math makes it work….I like that….I never knew…IMO…of any other budget that had the HCL in it…..this is the first one….and this is only the second budget in the last 12 years that I have been studying Iraq that I actually saw the budget before the year started….the other one was back in 2003 before we went there…..the Investment Law….the Conscript Law…I think is already done….but all these laws there is a plethora of them….like 122 of them….most are done…..
There are a lot of petty laws….trivial laws…but these that I just mentioned…..these four or five…these are the backbone of the laws that I think will create the final STABILITY that we need in the CBI….because the CBI has been stable already with the counterfeiting….
I think they did a good job by replacing the k’s…..the 10’s, the 25’s, the 50’s, the 1’s….replacing with the ink blots….I’ll bet you anything that was from Jack Lew…from our side our people…..you see the Kurdistan people wanted their language to be put on the new currency….but we already printed it….we don’t care do it….ok and that worked out fine along with the new printed ones that they just did with the k’s that were to replace the corrupted currency of counterfeiting….it was just terrible.
So let’s hope for these laws….write that down….that combination….the laws will bring in the final SECURITY that we are looking for that will eventually allow the new math from the IMF to come to the new budget that will then trigger and open up a lot of things in that budget and one of them being the HCL.
Can they walk into an international world at 1180…..yeah….will you do business with them….will the international world do business with them….in my strong opinion….of course not…and on top of that there is a lot that needs to be paid back now and its being done…..if it’s not done in accordance with……see they came up with this path, this roadmap, this IMF blue print, these steps and if they….it’s got to go that way and if not Iraq can suffer. I remember telling you that they would implode in January….they are not imploding because of the things they are doing are just are just absolutely phenomenal….I’m really proud of their steps.
You see I told you when I first met you eight years ago that Iraq is like a company that you bought a stock from called the IQD and it is going to pay you a dividend called a rate change….it’s like a stock that you buy….you buy low and sell high….and that is the key to success on any floor.
So there is no way in the world that I’m going to buy any more at this ridiculous price….I need to sell it….and that is why all the banks and brokers have been told….get ready you are going to have a lot of foreign currency coming in and we are going to be able to sell our currency for it….we can make money now….we don’t have to use another countries money…..you think they are going to come in and exchange their currency for our currency at 1180….NO….well then why the heck are we doing this….get ready because there is a change a coming….well when is the change coming….STOP IT.
You know what the Shiites and the Holy Man want on Fridays….give us the corrupt ministers….can you just imagine all the bad ministers…all the bad guys…..they are probably pinching underwear….no don’t send me out there….but they are not….IMO….they are actually giving them a form of protection so the citizens don’t kill them…..because the citizens them….let us take care of them….let us speed up the reforms….let us make it a judge, jury and whatever….give us the corrupt ones…the Holy Man even says…give me…give me…pay attention to the Holy Man…..we want to do this right says whoever is there doing the work right now.
The laws that are coming are also very important for the Taxes and Tariffs….there we go again with the T&T….I thought we had the codes, I thought we had the math….I thought we had all of this….yeah and believe it or not there are laws that protect the borders….let’s not be ignorant…..let’s not be stubborn….every day we learn something together. I’m not here to tell you…look you missed this….I’m here to tell you look we are learning this together…..I’m not an expert at this.
So the immunity for ministers is important…..they said they would return back on the 19th right….here’s what I say….horse hockey….that’s Iraq’s story….they didn’t go anywhere….well the article says they did Frank and that they will be back on the 19th….fine…if you want to believe that why do you come and listen to me then.
You know what they have been working on…laws….lots of laws.
I want to tell you something Family…there is this thing about China that I would like to talk to you about….when I first met you I told you that China was very stubborn and they refused to raise the value of their currency….the IMF tells them but they don’t and they take advantage of imports and exports….ok that has been established over the last 8 years….and you have read about it and saw it on television and now you understand what that is all about.
Now here is the next thing that I want to tell you….just recently…in fact I remember Thor asking….do you think China will join the AIIB….that is the Asian International Banking society….and I said…well I don’t know but they should….whether or not they want to conform to those standards….I don’t know….well lo and behold….guess what China was just accepted as of two days ago as part of the AIIB…what does that mean.
Before we get into that let me tell you a story….you remember about two months ago and I showed you a video about cyber warfare….now the thine is that if you remember that is a very spooky one hour program that we brought to you to and explain what China is doing with computer around the world.
Well it turns out that last night on 20/20 there was a program that was on television and it talked about a company called Salvo…that made these propellers…windmills…turbines that turn and collect electricity for the power plant for that local area….oh it wasn’t 20/20 it was 60 Minutes that reported this…..this company was working with another Chinese company to build these windmills….that was some nice profits and they started making some nice returns….but after about a year or two they found out there was a problem with one of the programs that ran the windmills….they figured it out and discovered this is not even one of our programs….what is going on here….
it turns out that China decided they were going to steal everything they could from Salvo in order not to pay Salvo for their services….moralistically that is wrong isn’t it….in a communistic country there are no morals….everything works…and only one has one voice….the government….so it turns out when they traced this back they found a very big building with a lot of rooms and people working every day hacking companies in the US….practically every company in the US has had everything hacked and stolen by the Chinese, things they have worked to protect all these years in order to make a profit…..China is parasitical…..in fact they are worse….China does not have morals and could care less.
China for decades refused to raise the value of their currency…why….because they get away with murder with their imports and exports…..yeah but that is not far….you think we care….all communist countries will tell you that…what do I say that Iran tells you….UP YOURS.
Two days ago they lifted the sanctions….hey we lifted your sanctions…UP YOURS….lift them or don’t lift them you think we care….well you guys gave us your nuclear stuff, we are hugging, we are buddies….UP YOURS….American infidels.
And China….they feel even worse….China comes out and says we are against it….our laws say we do not steal technology from other countries especially foreign countries….no….no…shame on us….we would never do that….we have laws…..shut up…..you were caught red handed….Red China….but now you belong to the AIIB.
What do you want to do with your money…..at what rate…what do we say now…..going to tell us up yours….see you are a part of the AIIB now….when you hurt us its going to hurt you just as much….welcome to our world…..because your cyber warfare was sickening…..now we can influence your money….because you never obey….but you have no choice now.
China and their banks Family dominate solely by volume…not by technology.
I am very pleased with what we are seeing….I am pleased with all of you and applaud you because I asked you to go and study the 3 pdf files so you will understand the roadmap….and lo and behold you did…many called me and said Frank I’m trying to figure this out…what do I do and we did it together on the phone….I’m proud of you….I don’t post much any more do I.
Two days ago when WS put that article out from the CBI announcements….telling all the banks…..hey guys we are about to do a little exchange move here and we want you to go ahead now and start doing foreign currencies with an exchange rate that we will tell you about….WHAT….yeah…..that is amazing.
And then the question that my TEAMS has…..are they Article 8 compliant right now….because if you look at your notes from the last time we were together we hinted in that direction….we suggested to look in that direction….to think about it….to investigate it….because you see there were only 2 things that were required to lift Article 8….number one was to be 2% compliant….shoot that was done a long time ago….what was number 2…..to lift the value of your currency….well the value of our currency when we turned in our homework was 1182 and you guys took it to 1180….now that is an increase in our currency and you did that for us….we did the 2% compliance….but you raised the value….it is still a program rate but you raised the value…..
Did we qualify for Article 8 IMF….and that is where we are at as a TEAM….we don’t know…..but there are so many things that seem possible….but we can’t run to that conclusion just yet….it’s all very fascinating…..and then for the IMF to say hey guys you are going to do a 3.1% increase in 2016….they actually told them between 3 and 10 percent….but not at no 1180…..there’s a lot of leaking going around.
International foreign currency around the world says Iraq to them….get ready…..get ready for us.
Link to Part 2
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