Don't WAIT!

Saturday, July 30, 2016

Backdoc and KTFA Members Saturday Afternoon 7-30-16

KTFA:

BACKDOC: HELLO W.S.!  IT'S GREAT TO HAVE YOUR SKILLS BACK IN PLAY!   WE MISSED YOU! (See articles below)
 
FAMILY, AFTER READING THIS GREAT FIND, MY MIND GOES TO MANY OTHER ARTICLES WE HAVE READ.  SINCE WE KNOW THAT THE NEW FISCAL YEAR BEGINS IN OCTOBER FOR IRAQ AND THE U.S. THIS ARTICLE CONFIRMS A LOT TO US!
 
FIRST IT CONFIRMS THAT UNTIL OCTOBER, COUNTRY TO COUNTRY TRANSACTIONS WILL CONTINUE TO BE FACILITATED! 

THIS CONFIRMS THE MULTITUDE OF ARTICLES THAT THUNDER HAS BROUGHT YOU WITH IRAN DOING BUSINESS TRANSACTIONS WHERE FUNDS HAVE BEEN MOVED.
 
SECOND, WE REMEMBER THAT IRAN SAID THAT, "THEIR FOREX VALUE WOULD MEET ITS REALITY VALUE IN OCTOBER".  

THIS WOULD SEEM TO IMPLY TO ME THAT THERE WILL BE A GRADUAL INCREASE IN THEIR VALUE UNTIL IT MEETS THEIR TARGET VALUE IN OCTOBER. 
....
MY QUESTION IS:  WILL SOMETHING HAVE TO HAPPEN SOON SO THAT THIS GRADUAL PROCESS CAN TAKE PLACE?  MMMMM
 
REMEMBER THE TWO SHIA BROTHERS ARE FULLY INTEGRATED AS WE HAVE SHARED MANY TIMES.  TODAY W.S. PUT UP ANOTHER ARTICLE INDICATING JUST THAT! 
 
AND THIRD,  THEY COMPLAIN ABOUT THE LOW OIL PRICES HERE.   YES, THAT TOO IS BEING ADDRESSED BY THEIR INTEGRATION AND SOMETHING I'VE TALKED ABOUT FOR TWO YEARS - CONTRACTS!  BINGO!
 
8@8, DOC   IMO

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Walkingstick:   The central bank reveals the date of launch electronic currency

Date Added 30/07/2016

Select the central bank governor on the Keywords, Saturday, 2017 as the date for the launch of the electronic currency through the mail or e-dinar cards, with the exception that it will facilitate dealings between the state institutions, the expectation of rising oil prices.

He said on the Keywords in an interview I followed the "Economy News", "next year, 2017, will see the launch of the electronic currency after the termination of the Central Bank of infrastructure structures necessary for the operation of electronic payment through the mail dinar or electronic tags, which facilitates transactions between state institutions," noting "the end of this year or next year will work directly in the new Central Bank building."

Keywords and added, that "the country is facing economic challenges and overcome them dependent on an improvement in oil prices as a financier President of Finance for the budget of the country," stressing that "there are indications demonstrate near the high oil prices in the global markets."

http://ift.tt/2a7JJqF

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Walkingstick:  The central bank sets 2017 as the date for the launch of the electronic currency is expected to rise in oil prices

Editor: AB, HH 07.30.2016 17:12   Long-Presse / Baghdad
 
Select the central bank governor on the Keywords, Saturday, 2017 as the date for the launch of the electronic currency through the mail or e-dinar cards, with the exception that it will facilitate dealings between the state institutions, the expectation of rising oil prices.
 
He said on the Keywords in an interview to the (long-Presse), "The next year, 2017, will see the launch of the electronic currency after the termination of the Central Bank of infrastructure structures necessary for the operation of electronic payment through the mail dinar or electronic tags, which facilitates transactions between state institutions," noting that " the end of this year or next year will work directly in the new Central Bank building. "
 
Keywords and added, that "the country is facing economic challenges and overcome them dependent on an improvement in oil prices as a financier President of Finance for the budget of the country," stressing that "there are indications demonstrate near the
high oil prices in the global markets."  Link

Whatever:  IMO they have to launch their own RV'd currency first and let the citizens get used to using the newly valued currency along with going to banks, something they have never trusted. After that they can launch the e-currencies. I guess we'll see..

66GTO:  My question would be is would this be the IMF new year as of Oct. 1st?

Doodlebug:  I'm going to start baking you a dozen cookies...whether you are right or not, this was a great question!

Nadita:  And the biggest question of all is that.. will they change the rate...? or they can operate in the same rate like they do for all these years..?

Doodlebug:  Question is, "why would they make ALL of the changes that they have been making over the past year, just to stay the same?"

Nadita:  Good point... they are making all kind of changes to go digital which is their goal.. and digital is making it easier for them to hide the true rate than counting the cash and knowing it's more than what was before.  All their doing now is to get them to par with the world system.  My theory of boiling water is that you can put the lid on but when the water is boiling, how long before you can see the steam coming out of the pot...??? 

BACKDOC:  CAN I SHARE A FEW THOUGHTS HERE?  

THE NEW DIGITAL PLATFORMS TECHNOLOGY IS FAR SUPERIOR TECHNOLOGY THAN THE OLDER ELECTRONIC VERSION CURRENCY.   I LIKEN TO EXPLAIN IT LIKE GOING FROM DC CURRENT TO AC CURRENT. LOL
 
THAT BEING SAID WE HAVE MORE THAN ADEQUATE INFORMATION THROUGH ARTICLES TO VALIDATE THERE WILL BE A PHYSICAL PRESENTATION OF THIS NEW DIGITAL CURRENCY!  

THE PROCESS OF BEING 100% DIGITAL APPEARS TO BE MANY YEARS AWAY BUT LIKELY A GRADUAL PROCESS. 
 
 WE HAVE SEEN MOVES TO ELIMINATE THE 500 EURO AND TALKS OF REMOVING THE 100.00 BILL IN THE U.S.!
 
IN ALL LIKELIHOOD HAVING A DIGITAL CURRENCY DOESN'T ELIMINATE A PHYSICAL PRESENCE BUT JUST A MUCH GREATER IMPROVED AND SECURED ELECTRONIC FORM!
 
HOPE THIS HELPS THE CONFUSION!    DOC    IMO

MBA Grad:  Thanks Backdoc !!  I agree and it makes sense based on what Al-Abadi has been doing and announcing.  You wouldn't announce a new 500 Dinar Note with Kurdish language on it if the plan was to go digital.

BACKDOC:  AGAIN, THE NEW DIGITAL CURRENCY WILL STILL HAVE A PHYSICAL PRESENCE!    DIGITAL DOES NOT MEAN ELECTRONIC ONLY!

Colorado:  excellent point Backdoc. I was reading an article by the Federal Bank of St. Louis on asset-backed currency/monetary policy, and even they state that fiat and asset-backed currency would operate in tandum.

http://ift.tt/2a7KoIH

It makes sense that both paper and digital would also work together in tandum, for a whole variety of reasons.

I suspect we will never go completely digital. In my mind, that spells disaster. Especially, the global elite will never go completely digital, they might put the masses on completely digital, but they will always collect their paper, gold, silver and ancient coins.


via Dinar Recaps - Our Blog http://ift.tt/2aSjdPk

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