Don't WAIT!

Monday, February 1, 2016

Wealthwatch OOTW News & Comments   2-1-16   Part 2 of 2

​WEALTHWATCH  2-1-16
Post From Wealthwatch.world  Chat Room
News With Links & Discussion

Wealthwatch OOTW News & Comments   2-1-16   Part 2 of 2
 
OOTW: " in the interest of the citizen through internal bonds instead of resorting to asking foreign bonds"
Donnie: well.... the CBI wants their Dinar and what better way then to offer a 18% return.
 
OOTW: I WOULDN'T HAUL MY MATTRESS MONEY INTO THE CBI WITHOUT DEPOSITORS INSURANCE

OOTW: NOT UNTIL THEY GOT THE CORRUPTION UNDER CONTROL
Doug_W: AMEN OO
 
OOTW: I EXPECT THERE ARE NOT MANY POOR ABLE TO HORDE MONEY
Tootsie: me neither,
 
 OOTW: BUT THERE ARE ENOUGH PEOPLE, LIKE OURSELVES, WHO ANTICIPATE MAKING A RETURN ON THEIR DINAR (IN IRAQ)
 ~~~
OOTW: AND LIKE LONE POINTED OUT....18% ON 1182 - BIG DEAL
OOTW: ESP WHEN THE SPREAD TO BUY FOREIGN CURRENCY/USD IS SO HIGH
 
Doug_W: I don't think 18% is enough considering it may Rv AT A DOLLAR OR MORE
 
OOTW: MAY BEING THE OPTIMAL WORD DOUG
 Donnie: ‹@OOTW› totally agree. My statement was a guess on a reason for the CBI to try and do this.
 
OOTW: "MAY"
Doug_W: yup I know OO
OOTW: SORRY, YES
 
 Tootsie: I found the article requesting them to purchase bonds rather than hoarding interesting ~~ If 18% on funds, why purchase bonds ?? Unless CBI need to tie up the funds for a while ~ did not note an interest rate on them however. Probably missed hitting one of my brain cells
 
OOTW: THIS IS ALL IT STATED , TOOTSIE
 
OOTW: “national bonds would investigate citizen good financial returns,” noting that “the Central Bank put interest on the bonds so that compete on foreign interest. “
 
 Donnie: IF the Dinar RVs then the Dinar deposits in the banks will still be the same amt of dinar. It won't change unless iraqis exchange some Dinar for USD and why would they do that when they can only use dinar to purchase items in Iraq?
 
OOTW: LIKE I SAID YESTERDAY....IF THE CBI WANTS TO PAY 18% ON DEPOSITS, THEY HAVE TO OFFSET THIS SOMEHOW..IT WILL DRAIN THE BANKS...THIS WOULD MEAN A POTENTIALLY HIGHER RATE FOR LOANS
 
OOTW: HOW CAN THEY DO THIS?
OOTW: GREAT POINT DONNIE
 
Tootsie: Have to scoot ~ have a great day - just hang in there ~ toodles for now.
OOTW: TOODLES
 
Donnie: IMO - after RV the items in Iraq will cost a lot less Dinar to purchase because the price to import items at USD then exchanged to Dinar will change
 
Tootsie: This too shall pass ~~  :whistling:
 
OOTW: ANOTHER GREAT POINT, DONNIE TYVM
lonegunman: ‹@Tootsie› see ya toots !
 
OOTW: MY FAV SAYING TOOTSIE
 
Donnie: In the US the dollar has risen a lot over the years and prices have risen a lot also.... so why do people think a stronger Dinar is better for Iraqis? (besides a better price on imported items)
 
OOTW: YES THE FIAT CURRENCY SYSTEM IS A SCAM
 
Donnie: while the dollar is strong it only benefits us if we exchange to another countries currency and go to that country and buy goods/vacation/etc.
 
OOTW: SO, SO TRUE
 
 Donnie: so if/when the dollar drops in value our goods will cost even more for us because the imports costs will rise. thus we are royally screwed.
 
OOTW: WE ALREADY ARE DONNIE - THERE WILL BE MORE BAILOUTS FOR BANKS
 
OOTW: HERE'S ANOTHER QUOTE FROM THE ARTICLE
 
OOTW: He called on citizens to “the acquisition of national bonds, which will put it soon rather than the adoption of hoarding money,” pointing out that “the central bank wants to bring in the interest of the citizen through internal bonds instead of resorting to asking foreign bonds.”
 
 The Central Bank of Iraq announced earlier, take the necessary measures to support liquidity in the banking system, and decided to facilitate the sale of foreign currency “to sustain the exchange rate” procedures.
 
Donnie: so with the dollar at record highs, our imported goods should cost less but they don't. so who is getting all this money?
OOTW: THE BANKS AND THE FEDS
 
Donnie: and corporation (CORRUPations)
OOTW: HA HA HA YES

OOTW: CAN YOU REMEMBER WHEN 4.00 BOUGHT A BIG BOX OF CEREAL?
OOTW: NOW IT'S HALF THE SIZE
 
Donnie: but it's still only 4.00
Donnie: so you're not spending anymore then before
 
OOTW: YES, BUT MUCH LESS FOOD FOR THE MONEY
OOTW: EXACTLY THAT'S THE MIND SCREW ;)
 
Donnie: but this is Govt illogical thinking
Donnie: NOT TO MENTION wages have been stagnant since early 90's
 
OOTW: IF NOT EARLIER DONNIE
OOTW: I HEARD A REPORT ON NPR THAT WAGES ARE SIMILAR TO THE 1970'S
OOTW: AT THIS RATE IN 2040, WAGES WILL BE THE SAME AS THE 1950'S
 
Donnie: lol - true
 
TheCatInTheHat: Hey guys, anything new. Heard the CBI site has changes to it. But I don't see anything new
 
TheCatInTheHat: Any updates?
 
lonegunman: ‹@TheCatInTheHat› hey cat there are new features !! not sure if it is anything of importance
 
luckyinkentucky: I think the most important fact on the cbi site that most dinarians refuse to accept as meaningful is the fact that the dinar in circulation has rose from 5 trillion in 2003 to 40 trillion in 2015
 
lonegunman: have to click icon at top right of CBI page
 
OOTW: LUCKY MANY, MANY COUNTRIES PRINTING AND PUMPING
 
lonegunman: ‹@luckyinkentucky› Im not sure the CBI knows what they hav !! over the 7 yrs i have seen them say many amounts
 
Donnie: ‹@OOTW› "The most affected and those affected by the general price level rise are the owners of fixed income, who are the largest in the segment of Iraqi society."
 
luckyinkentucky: their yearly financial statements say what they have
luckyinkentucky: ‹@OOTW› that is so true
 
OOTW: HERE IS A POST MADE THIS MORNING....ALSO AT THE TOP OF TODAY'S CHAT (SCROLL UP PLEASE) wealthwatch.world/showthr... THE CBI is preparing to launch the e-dinar recommends depositing the salaries
http://ift.tt/204enQ0
 
Donnie: ‹@OOTW› this will always be a problem for any country where people rely on getting money from Govt (soc sec, welfare, disability, unemployment, etc)
 
OOTW: YES AND IT HAS TO COME TO A HEAD///...BAD CONCLUSIONS SOON
 
lonegunman: Im sure if they are working with the IMF then everything should !!! be transparent
OOTW: YES DONNIE, SO TRUE
 
Donnie: PEOPLE need a small business that produces goods that other people can't live without!!!
Donnie: self-survival                                                           
OOTW: I ALSO HEARD A PRESS RELEASE FROM A REP FOR OBAMA, WHERE THE GOVT IS CURRENTLY INVESTIGATING COMPANIES, NATION WIDE, RE GENDER PAY DISCREPANCIES
 
OOTW: AND REPS FOR THE COMPANIES UNDER INVESTIGATIONS STATING, "WE HAD NO IDEA ROBERT WAS GETTING MORE MONEY THAN DONNA"
Donnie: so will the result be females getting a raise or males getting a pay cut?
 
OOTW: "WE'LL HAVE TO FIX THIS! ";)"
OOTW: EXACTLY
 
OOTW: IT WILL BE ONE OR THE OTHER
OOTW: IF THEY REDUCE MALE PAY THEN I'M SURE THERE WILL BE LAWSUITS...."MY CONTRACT SAID THIS"
 
Donnie: ‹@OOTW› fire the male and hire another female at the female wage
Donnie: get more work done for less money lol
 
Donnie: Israel: Electricity board crippled by ransomware cyberattack causing widespread panic   Donnie: http://ift.tt/204eon5...
http://ift.tt/1KdiRBM
 
OOTW: MEANWHILE.... HOW DO I BECOME A SWISS CITIZEN? LOL http://ift.tt/204enQ2... Switzerland plans to vote on a proposal to give every citizen to 2500 Swiss francs [US $ 2450] per month, regardless of whether he was employed or unemployed.   http://ift.tt/1RWzYud
 
Donnie: lol count me in   Donnie: i have 6 kids x 2500   Donnie: lol
OOTW: LOL


via Dinar Recaps - Our Blog http://ift.tt/204eon7

No comments:

Post a Comment