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Featured Post

"GCR Up-Date - Zorra Answers Questions" - One Who Believes - 12.7.16

Entry Submitted by One Who Believes at 5:01 PM EST on December 7, 2016 CGR Up-Date - Zorra Answers Questions This is a MUST HEAR call f...

Tuesday, November 1, 2016

Dinar Updates Daily Chat Log for Tuesday 11/1/16 - Part 1

Dinar Updates Daily Chat Log

Part 1 - No Featured Members

Ame9632557644 says to DHOLLA(6:02 AM):

DIGI MAN

DHOLLA says(6:03 AM):

Hershey

Ame9632557644 says(6:03 AM):

PA

DHOLLA says(6:03 AM):

Yes

Ame9632557644 says(6:03 AM):

Rt 81 een there many times

DHOLLA says(6:03 AM):

lol you know the area

Ame9632557644 says(6:04 AM):

in fact I botke down there radiator on my wah here

Ame9632557644 says(6:04 AM):

way

DHOLLA says(6:04 AM):

That stinks. Not a great memory of the area

Ame9632557644 says(6:04 AM):

I had to open teh windows and run htr wide open to climb last hill 2 get into town to have radiator replaced

Ame9632557644 says(6:05 AM):

actually everyone was GREAT to us

DHOLLA says(6:05 AM):

Central Pa

Ame9632557644 says(6:05 AM):

we were loaded pulling a dual axle trailer also loaded

DHOLLA says(6:06 AM):

That's alot of pulling

Ame9632557644 says(6:06 AM):

we looked like a traveling circus

Ame9632557644 says(6:06 AM):

but we made it :)

DHOLLA says(6:07 AM):

That's the important part

Ame9632557644 says(6:07 AM):

yes

DHOLLA says(6:07 AM):

are you from the area

Ame9632557644 says(6:08 AM):

tnat 1st year we were So broke I bartered with all teh neighbors 4 seeds to put in teh garden whereby they gog half of waht I grew

Ame9632557644 says(6:08 AM):

Watertown NY area

Ame9632557644 says(6:08 AM):

70 miles N of Syracuse on Rt 81

DHOLLA says(6:08 AM):

Sounds like a good barter

Ame9632557644 says(6:08 AM):

it was lol

Ame9632557644 says(6:09 AM):

I did handyman work

Ame9632557644 says(6:09 AM):

and that blossomed into a full time business

DHOLLA says(6:09 AM):

All I know is it snows up that way alot

DHOLLA says(6:09 AM):

Really....Cool

Ame9632557644 says(6:09 AM):

eventually I did all teh work foir a 6 store chain of groceries I was all over Central FL I loved it

BGG says to Ame9632557644(6:10 AM):

Great story about your business.

Ame9632557644 says(6:10 AM):

we used to get 3-4' of snow a night

BGG says to Ame9632557644(6:10 AM):

Love to hear stuff like that.

Ame9632557644 says(6:10 AM):

ty

Ame9632557644 says(6:10 AM):

I do things ONE way or not at all

DHOLLA says(6:10 AM):

Wow...... all from breaking down in Hershey

Ame9632557644 says(6:11 AM):

as I recall 35 years ago it was 350.00 to replace radiator cuz it was cop car style NOT normal passenger 4 row of coils not 2

DHOLLA says(6:13 AM):

That's was expensive

Ame9632557644 says(6:13 AM):

we moved into an old delapodated house which we lived in 26 years paid it off saved our $$ and now we live in a lovely 1.25 Acre place 2200 Sq' and a 2 stall garage

Ame9632557644 says(6:13 AM):

it was 4 way back then

DHOLLA says(6:14 AM):

Sounds like good living(y)

Ame9632557644 says(6:14 AM):

we have had a blast along the way too

Ame9632557644 says(6:14 AM):

worked hard but let loose as well

Ame9632557644 says(6:15 AM):

so what do U do there in Hershey?

DHOLLA says(6:16 AM):

Just live.

DHOLLA says(6:16 AM):

Work in Jersey

Ame9632557644 says(6:16 AM):

well stay warm N dry then :)

Ame9632557644 says(6:16 AM):

wow long drive

BGG says(6:17 AM):

This country has come to feel the same when congress is in session as when a baby gets hold of a hammer. - Will Rogers

DHOLLA says(6:17 AM):

Yes. The wife got the short drive.

Ame9632557644 says(6:17 AM):

what part of Jersey may I ask

DHOLLA says(6:17 AM):

Atlantic City

Ame9632557644 says(6:18 AM):

I was injured in Toms River way back in 78

DHOLLA says(6:19 AM):

When I hear RCookie I know we aren't to far from eachother

DHOLLA says(6:19 AM):

Toms River I know the area

DHOLLA says(6:21 AM):

Nice talking to ya....... off to read the forums(handshake)

subgirl says(6:30 AM):

Good Morning! :)

DIGIman1 says(6:30 AM):

subbyyyy!!!!!!!!!! :D

subgirl says to DIGIman1(6:30 AM):

GM digiiii!!!!!!!!!!!!!!!!!!!!!!!!!!! :)

subgirl says to DIGIman1(6:31 AM):

:D

subgirl says to DIGIman1(6:31 AM):

How areyou?

DIGIman1 says(6:31 AM):

ok i guess....its not monday anymore!!

subgirl says to DIGIman1(6:31 AM):

lol I am so glad too lol

subgirl says to DIGIman1(6:32 AM):

we both had a MONDAY didnt we? lol

subgirl says to DIGIman1(6:32 AM):

UGH! lol

Ame9632557644 says(6:32 AM):

NOW ?

subgirl says to Ame9632557644(6:33 AM):

NOOOO lol NOT NOW lol ask me tomorrow!!!! lol

Ame9632557644 says(6:33 AM):

bb tomorrow then

subgirl says to Ame9632557644(6:33 AM):

lol

Ame9632557644 says(6:33 AM):

is it tomorrow YET ?

subgirl says to Ame9632557644(6:33 AM):

well thats good lol

subgirl says to Ame9632557644(6:33 AM):

noooo lol

subgirl says to Ame9632557644(6:33 AM):

your silly lol

subgirl says to DIGIman1(6:34 AM):

before you go to work, can you copy one more time? :)

DIGIman1 says(6:34 AM):

yup :)

Ame9632557644 says(6:34 AM):

one MORE??

subgirl says to DIGIman1(6:34 AM):

thank you for copying... :)

subgirl says to Ame9632557644(6:35 AM):

yep lol it is passed 6:30pm lol

Ame9632557644 says(6:35 AM):

go get some coffee Subby

subgirl says to Ame9632557644(6:35 AM):

what?

subgirl says to DIGIman1(6:35 AM):

are you working today digi?

DIGIman1 says(6:36 AM):

Just for AME....

Ame9632557644 says(6:36 AM):

ty ty ty

subgirl says to DIGIman1(6:37 AM):

:D(lol)

DIGIman1 says(6:37 AM):

yeah....heading out very soon.....ugh.....

subgirl says to DIGIman1(6:37 AM):

come on RV!!!!

subgirl says to DIGIman1(6:37 AM):

keep remembering about retiring very very soooooooooooon! lol

Ame9632557644 says(6:38 AM):

only 2 very's ?

DIGIman1 says(6:38 AM):

if i do that i'm liable to kill someone at work....

subgirl says to Ame9632557644(6:38 AM):

yep lol

subgirl says to DIGIman1(6:38 AM):

:D oh no lol

subgirl says to DIGIman1(6:38 AM):

cant have that lol

subgirl says to DIGIman1(6:39 AM):

think happy thots lol

DIGIman1 says(6:39 AM):

ya....you GOTTA in that place.....

subgirl says to DIGIman1(6:39 AM):

lol

subgirl says to DIGIman1(6:39 AM):

yep! lol

DIGIman1 says(6:39 AM):

k :)

DIGIman1 says(6:40 AM):

have a safe and blessed day all :)

subgirl says to DIGIman1(6:40 AM):

Be safe! :) and try to have a good Tuesday!!!

Ame9632557644 says(6:41 AM):

remember Digi its now November aonly 6 more months til warmth returns

subgirl says to Ame9632557644(6:41 AM):

you are bad lol

Ame9632557644 says(6:42 AM):

hey I used to live near him I still remember

Ame9632557644 says(6:42 AM):

when a 50 degree day was to B celebrated

subgirl says to Ame9632557644(6:42 AM):

lol

Ame9632557644 says(6:42 AM):

7 days 2 1st fitting Subby

subgirl says to Ame9632557644(6:42 AM):

yep that would be a Big celebration!!!lol

subgirl says to Ame9632557644(6:42 AM):

cool!!! :)

subgirl says to Ame9632557644(6:43 AM):

wont be long... :)

Ame9632557644 says(6:43 AM):

4 sure

Ame9632557644 says(6:43 AM):

not compared to last 6 years

subgirl says to Ame9632557644(6:43 AM):

yea, lol that is true lol

ol lar says(6:45 AM):

http://aliraqtimes.com/ar/page/31/10...%8A%D8%AF.html

subgirl says to ol lar(6:45 AM):

GM :) your link says it is not working... :)

ol lar says(6:46 AM):

Iraqi monetary system enhanced the currency of a new dinars

Monday, October 31.2016Mohammed Riad Hamza

It is unacceptable to keep the Iraqi dinar exchange rate against the US dollar and the currencies of industrialized capitalist countries and neighboring Arab countries is in the thousands. Valencod Iraqi dinar paper of the highest categories opens with four zeros paper ... the fifty thousand to 250 dinars a minimum.

The reality of the dinar current trading segments of confusing disabled economic, commercial and service activities for all. For the Iraqi market , the level of the reality of the dinar in the evaluation of trade operations, and a single sentence, is far from accurate price, as well as in the evaluation of real estate , buying and selling and lease, and banking facilities, and any trading assesses currency. Any deal large amounts of both ends need to fill categories of dinar bags for exchange between the seller and the buyer .oimkn see scenes of people carrying bags of dinar entrants to the banks or exchange houses or coming out of it.

subgirl says to ol lar(6:46 AM):

never mind it is working now lol

Ame9632557644 says(6:46 AM):

give it a minute Subby it comes in

ol lar says(6:46 AM):

And the dinar Iraqi Rolling currently Bocefarh and Dialh value cashed important role in the rise of goods and services and rising inflation rates. As transactions in the wholesale exclude small - value segments of the dinar. The addition of a few thousand dinars to deal Consumer goods , or long - lived, and circulation of marketing to another port and into the hands of consumers, the price of the commodity Tuwalia ballooning number of marketing outlets. The reason is Dialh purchasing power of the categories of small dinar that are excluded when evaluating the price of any commodity.

subgirl says to Ame9632557644(6:46 AM):

thanks! :)

Ame9632557644 says(6:46 AM):

yw

ol lar says(6:47 AM):

n 27 August 2015 published (unit of economic studies links for Research and Strategic Studies Center) in his position on the Internet an important article included a reference to "that the Iraqi government may resort to editing dinar any (floated) something that will not solve the financial problem in the country, but would have a disastrous impact on the Iraqi citizen first class. on the other hand, the flotation is the port for speculators in the market to carry out money laundering and manipulation auction currency within the central bank. float currency Floating means Leave a currency floating rising exchange rate and declining reverse proportion to the cases of demand and supply in the market. and taking into account the level of emancipation of the national economy, and the adequacy of its performance, and flexibility of its production apparatus. It is the risk of this process as open the door to money laundering and diversion of corrupt money from the Iraqi dinar to currencies Free to smuggle them out. " the

survival of the purchasing power of the Iraqi dinar is weak seesaw at home and abroad are not supported with rampant financial corruption, the dinar conversion into other currencies smuggled abroad cause higher inflation. As to keep large amounts of Iraqi dinar in the market means inflation liquidity which makes it easier out more foreign currency from the country. The

solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption.

As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar.

It is important that the Iraqi Central Bank assisted by experts from the "Council Federal reserve , " the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high locally and internationally.

Central banks play a major role in financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is the monetary policy, it is through an increase in cash flow (Liquidity) can stimulate the economy out of the state of economic crisis, or to help the economy grow by encouraging exports, reducing inflation

the currency peg of the Iraqi dinar in US dollars means installing currency dinar price of a fixed exchange rate (fixed exchange-rate) and much of the world this practice is based. There are 17 countries in the world have linked its currency to the US dollar. Including six Arab countries , namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar.

To link the Iraqi dinar to the dollar has several advantages the most important of the ease of exchange rate policy between the currency of the country and the rest of the world currencies all, where monetary authorities determine the rate specified for the disbursement of the dinar to the dollar, through which the determined relationship management the rest of the dinar currency, goes up for these currencies with the rising dollar and decreases with Ankhvadh.mn other hand, the dollar peg helps relatively protect the national economy from inflation as

well as help link in the case of oil -producing countries to stabilize their revenues in local currency when the devaluation of the dollar. Vpferd the stability of the oil price decline, the global value of the dollar does not lead to a decline in oil revenues of Iraq Dinars.

It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency. At that expose shelve those billions and billions of the current Iraqi dinar and act in the framework of the weak monetary system and politicized the farthest thing from transparency. As can be the Iraqi Central Bank and commercial banks had placed before the deal could expose any abuses , money laundering and smuggling of the Popular currency abroad.

The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar rate would eliminate the so - called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the

Ame9632557644 says(6:47 AM):

I saw that yesterday Olar that is exciting stuff!!

magnetlady says(6:47 AM):

Good morning everyone

Ame9632557644 says(6:47 AM):

especially PPG 7

Ame9632557644 says(6:47 AM):

MAGGS

magnetlady says(6:47 AM):

AME morning

ol lar says(6:48 AM):

sorry m

ol lar says(6:48 AM):

lost my place long article but this is the part I am baffled about

subgirl says to magnetlady(6:48 AM):

Good morning Mags :)

ol lar says(6:50 AM):

It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency. At that expose shelve those billions and billions of the current Iraqi dinar and act in the framework of the weak monetary system and politicized the farthest thing from transparency. As can be the Iraqi Central Bank and commercial banks had placed before the deal could expose any abuses , money laundering and smuggling of the Popular currency abroad.

Ame9632557644 says(6:50 AM):

I believe that is lower denoms Olar

Ame9632557644 says(6:51 AM):

then they give a time period to take in the rest of old currency

Ame9632557644 says(6:51 AM):

like we did with teh 500s and 1000's

ol lar says(6:52 AM):

and this worries me, The

solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption.

ol lar says(6:53 AM):

not sure what they mean by new currency

Ame9632557644 says(6:53 AM):

there ya go just like I was saying lower denoms

Ame9632557644 says(6:53 AM):

to make that work however they have to have a substantial better exhange rate

ol lar says(6:53 AM):

in context with not deleting zeros

ol lar says(6:54 AM):

probably an opinion piece anyway

Ame9632557644 says(6:54 AM):

they are saying just doing away wth the 0's solves nothing they need smaller senoms to male teh system work BUT they need the RV to facilitate that system

Ame9632557644 says(6:54 AM):

denoms^

Ame9632557644 says(6:55 AM):

U goitta kinda read in between Olar

ol lar says(6:55 AM):

I agree

Ame9632557644 says(6:55 AM):

did U read PPG 7 carefully?

Ame9632557644 says(6:57 AM):

pg = page ppg= paragraph

Ame9632557644 says(6:57 AM):

solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption.

Ame9632557644 says(6:57 AM):

that is teh "key"

ol lar says(6:58 AM):

I don't like this either ,it sound like they are saying doing the same as what they did with the Sadam currency

ol lar says(6:58 AM):

As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar.

Ame9632557644 says(6:58 AM):

see Subby....I took English in Kindergarten

subgirl says to Ame9632557644(6:59 AM):

lol

Ame9632557644 says(6:59 AM):

exactly waht I said like we did with our 500's and 100's

ol lar says(6:59 AM):

but maybe not

Ame9632557644 says(6:59 AM):

arabish is hard to read N comprehend

subgirl says to ol lar(6:59 AM):

what was their rate before Saddam ended..?

Ame9632557644 says(7:00 AM):

but after 2 handfull of years I have a pretty good handle on it....I think

ol lar says(7:00 AM):

because they took the old off the market all at once and not over a long period of time

ol lar says(7:00 AM):

so I think we are good

Ame9632557644 says(7:00 AM):

that was Sadam's

ol lar says(7:00 AM):

sorry to panick

subgirl says to ol lar(7:00 AM):

things are very different now...

Ame9632557644 says(7:00 AM):

that was a much different scenario

subgirl says to ol lar(7:00 AM):

nope that is ok :)

(7:01 AM)Check out the "Current Iraq NEWS" Thread in the Forum - http://www.dinarupdates.com/forumdis...rent-Iraq-NEWS - All News - ALL DAY LONG!!

subgirl says to ol lar(7:01 AM):

remember they have the IMF, WB, WTO, all of these behind them...

ol lar says(7:01 AM):

I like this

ol lar says(7:01 AM):

It is important that the Iraqi Central Bank assisted by experts from the “Council Federal reserve , ” the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high locally and internationally.

subgirl says to ol lar(7:02 AM):

I like Internationally :)

Ame9632557644 says(7:02 AM):

me too Subby

subgirl says to Ame9632557644(7:02 AM):

(y)

Ame9632557644 says(7:03 AM):

its coming !!

subgirl says to ol lar(7:03 AM):

yep I like that paragraph too!

subgirl says to Ame9632557644(7:04 AM):

yes, and it IS coming!!!! :)

subgirl says to ol lar(7:05 AM):

thanks for sharing! :)

ol lar says(7:08 AM):

YW

subgirl says to ol lar(7:08 AM):

:)

subgirl says to larrykn(7:09 AM):

Good morning larry :)

Ame9632557644 says(7:10 AM):

hiya Larry

larrykn says(7:10 AM):

GM subby :)

larrykn says to Ame9632557644(7:10 AM):

gm

subgirl says to larrykn(7:10 AM):

how are you??

Ame9632557644 says(7:10 AM):

how ya feeling these days Pal

larrykn says to subgirl(7:11 AM):

don't know still waking up lol

subgirl says to larrykn(7:11 AM):

lol

subgirl says to larrykn(7:11 AM):

me too lol

subgirl says to larrykn(7:11 AM):

have not even had coffee yet?? lol

larrykn says to subgirl(7:11 AM):

I can't type without my cuppa

Ame9632557644 says(7:11 AM):

yikes its past 0800 time 4 AM mayhem and meds

subgirl says to larrykn(7:11 AM):

lol

Ame9632557644 says(7:11 AM):

bbl

subgirl says to Ame9632557644(7:11 AM):

ok

larrykn says to subgirl(7:12 AM):

can't believe its NOV now wow

subgirl says to larrykn(7:12 AM):

me either lol

subgirl says to larrykn(7:12 AM):

my nieces' birthday today

larrykn says to subgirl(7:12 AM):

Happy Birthday to her :)

subgirl says to larrykn(7:13 AM):

thank you :) she turns 20!!

larrykn says to subgirl(7:13 AM):

one more year an she can drink lol

subgirl says to larrykn(7:13 AM):

right lol

subgirl says to larrykn(7:13 AM):

nope i dont think so..lol

larrykn says to subgirl(7:14 AM):

well when I was 21 I was in the service so I couldn't wait to go to a bar for the first time, it turned out I didn't go to anything lol

subgirl says to larrykn(7:14 AM):

she is not a drinker lol

subgirl says to larrykn(7:14 AM):

you didn't ?

larrykn says to subgirl(7:15 AM):

nope stayed home that night

subgirl says to larrykn(7:15 AM):

me either... never even had the want to to go...

subgirl says to larrykn(7:15 AM):

well that is good lol

subgirl says to larrykn(7:15 AM):

I have been to restraunts with bars but not drank...

larrykn says to subgirl(7:15 AM):

not that I didn't drink but not on my 21st

subgirl says to larrykn(7:16 AM):

gotcha..

larrykn says to subgirl(7:16 AM):

I haven't drink in years now

subgirl says to larrykn(7:16 AM):

cool! :)

subgirl says to larrykn(7:17 AM):

I am just not into it... tea with an umbrella on ice is as far as i will go lol

larrykn says to subgirl(7:17 AM):

won't either, the meds I take won't let me

subgirl says to larrykn(7:17 AM):

that is good...

larrykn says to subgirl(7:17 AM):

yep

larrykn says to subgirl(7:17 AM):

I'm the designated driver now lol

subgirl says to larrykn(7:18 AM):

me too lol

subgirl says to larrykn(7:18 AM):

well I dont go to bars but i would be the designated driver... lol

subgirl says to larrykn(7:18 AM):

Dinar Updates – “Behind the Scenes!!”

Tues nite – Nov 1st – 7:00pm CST

w/RCookie, Mr White, Hutch

641-715-3640 pin#528733

larrykn says to subgirl(7:18 AM):

cool

subgirl says to larrykn(7:19 AM):

yep :)

subgirl says to larrykn(7:19 AM):

very excited! the call tonight!!!

subgirl says to larrykn(7:19 AM):

that was from the blog :)

subgirl says to larrykn(7:19 AM):

thanks BGG for putting that up there...

larrykn says to subgirl(7:19 AM):

I'll be more excited when they raise the rate :)

subgirl says to larrykn(7:19 AM):

lol me too lol

subgirl says to larrykn(7:20 AM):

but for now, I am excited cuz there is so much news!!!

subgirl says to larrykn(7:20 AM):

they are in a process of getting this done!

larrykn says to subgirl(7:20 AM):

yes they are moving into Mosul that a real good thing, I'm praying that gets done this month

subgirl says to larrykn(7:20 AM):

yes i think they will!!

subgirl says to larrykn(7:20 AM):

this month. look how fast they are moving now...

larrykn says to subgirl(7:22 AM):

I think this could happen this month, I didn't understand what the guys were talking about when they said this could happen before the first of the year but I'll go with it :)

subgirl says to larrykn(7:23 AM):

I think it could go anytime seriously anytime, but I am watching and reading and trying to understand all that is said in newstime... the guys bring us so much news!! it is AWESOME!!

subgirl says to larrykn(7:23 AM):

did you hear last Friday nights call?

larrykn says to subgirl(7:24 AM):

yes they do, I'm keeping an eye on it, its a blessing to have all those guy in here

larrykn says to subgirl(7:24 AM):

yes I ddi

subgirl says to larrykn(7:24 AM):

WOW! that was good, i am still hearing it alot...

larrykn says to subgirl(7:24 AM):

did

subgirl says to larrykn(7:24 AM):

yes it sure is a blessing! they do well to understand and explain it to us! :) we are very fortunate to have all the guys in our newstimes! :)

subgirl says to larrykn(7:28 AM):

Iraq is rebuilding and taking their country back from Isis..

(7:35 AM)dreamway was kicked out by dreamway!

(7:36 AM)dreamway was kicked out by dreamway!

larrykn says to subgirl(7:37 AM):

I'm back lol

subgirl says to larrykn(7:40 AM):

lol that was fast lol just got done copying lol

larrykn says to subgirl(7:40 AM):

Iraqi monetary system enhanced the currency of a new dinar

Monday, October 31.2016

Mohammed Riad HamzaIt is unacceptable to keep the Iraqi dinar exchange rate against the US dollar and the currencies of industrialized capitalist countries and neighboring Arab countries is in the thousands. Valencod Iraqi dinar paper of the highest categories opens with four zeros paper … the fifty thousand to 250 dinars a minimum.

The reality of the dinar current trading segments of confusing disabled economic, commercial and service activities for all. For the Iraqi market , the level of the reality of the dinar in the evaluation of trade operations, and a single sentence, is far from accurate price, as well as in the evaluation of real estate , buying and selling and lease, and banking facilities, and any trading assesses currency. Any deal large amounts of both ends need to fill categories of dinar bags for exchange between the seller and the buyer .oimkn see scenes of people carrying bags of dinar entrants to the banks or exchange houses or coming out of it.

And make sure that the reality of the Iraqi dinar and Dialh value segments purchasing a catalyst for the crimes of counterfeiting. In countries where equal their exchange rate with the Iraqi currency Mbtalat rigging the currency, and the counterfeit currency from the devastating effects on inter macroeconomic components of any State.

And the dinar Iraqi Rolling currently Bocefarh and Dialh value cashed important role in the rise of goods and services and rising inflation rates. As transactions in the wholesale exclude small – value segments of the dinar. The addition of a few thousand dinars to deal Consumer goods , or long – lived, and circulation of marketing to another port and into the hands of consumers, the price of the commodity Tuwalia ballooning number of marketing outlets. The reason is Dialh purchasing power of the categories of small dinar that are excluded when evaluating the price of any commodity.

On 27 August 2015 published (unit of economic studies links for Research and Strategic Studies Center) in his position on the Internet an important article included a reference to “that the Iraqi government may resort to editing dinar any (floated) something that will not solve the financial problem in the country, but would have a disastrous impact on the Iraqi citizen first class. on the other hand, the flotation is the port for speculators in the market to

larrykn says to subgirl(7:41 AM):

carry out money laundering and manipulation auction currency within the central bank. float currency Floating means Leave a currency floating rising exchange rate and declining reverse proportion to the cases of demand and supply in the market. and taking into account the level of emancipation of the national economy, and the adequacy of its performance, and flexibility of its production apparatus. It is the risk of this process as open the door to money laundering and diversion of corrupt money from the Iraqi dinar to currencies Free to smuggle them out. ” the survival of the purchasing power of the Iraqi dinar is weak seesaw at home and abroad are not supported with rampant financial corruption, the dinar conversion into other currencies smuggled abroad cause higher inflation. As to keep large amounts of Iraqi dinar in the market means inflation liquidity which makes it easier out more foreign currency from the country. The solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars. Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption.

larrykn says to subgirl(7:42 AM):

As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar.

It is important that the Iraqi Central Bank assisted by experts from the “Council Federal reserve , ” the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high locally and internationally.

Central banks play a major role in financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is the monetary policy, it is through an increase in cash flow (Liquidity) can stimulate the economy out of the state of economic crisis, or to help the economy grow by encouraging exports, reducing inflation

the currency peg of the Iraqi dinar in US dollars means installing currency dinar price of a fixed exchange rate (fixed exchange-rate) and much of the world this practice is based. There are 17 countries in the world have linked its currency to the US dollar. Including six Arab countries , namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar.

To link the Iraqi dinar to the dollar has several advantages the most important of the ease of exchange rate policy between the currency of the country and the rest of the world currencies all, where monetary authorities determine the rate specified for the disbursement of the dinar to the dollar, through which the determined relationship management the rest of the dinar currency, goes up for these currencies with the rising dollar and decreases with Ankhvadh.mn other hand, the dollar peg helps relatively protect the national economy from inflation as

larrykn says to subgirl(7:42 AM):

well as help link in the case of oil -producing countries to stabilize their revenues in local currency when the devaluation of the dollar. Vpferd the stability of the oil price decline, the global value of the dollar does not lead to a decline in oil revenues of Iraq Dinars.

It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency. At that expose shelve those billions and billions of the current Iraqi dinar and act in the framework of the weak monetary system and politicized the farthest thing from transparency. As can be the Iraqi Central Bank and commercial banks had placed before the deal could expose any abuses , money laundering and smuggling of the Popular currency abroad.

The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar rate would eliminate the so – called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the purchasing power of consumers with limited income.

larrykn says to subgirl(7:42 AM):

interesting article :)

subgirl says to larrykn(7:43 AM):

yes it is... :) thanks for sharing it..

subgirl says to larrykn(7:44 AM):

I think Ollar brot this in a bit ago and we talked about it a bit... Good article..

subgirl says to larrykn(7:45 AM):

talking about the lower denoms...

larrykn says(7:46 AM):

yes , I like them talking about it all the time now :)

subgirl says to larrykn(7:46 AM):

I think they will more and more...

subgirl says to larrykn(7:47 AM):

they keep talking about stability, do you see that?

larrykn says(7:47 AM):

yes, that is what they have to have, that is why I see this happening after they take Mosul back

larrykn says(7:47 AM):

IMO

subgirl says to larrykn(7:47 AM):

Oh I see..

subgirl says to larrykn(7:48 AM):

its like a puzzle I heard from the newstime... and each piece fits together to make the picture...

larrykn says(7:48 AM):

which doesn't look that far off :)

subgirl says to larrykn(7:48 AM):

no it does not..

larrykn says(7:50 AM):

I forgot who it was talking about they need Mosul back because of the banks , an they need to tak them back, why?? those banks have been closed for 2 years an the dinar in them are long gone, once they take Mosul back they will just rebuild them an put them back in service,

subgirl says to larrykn(7:52 AM):

hmm... that is interesting.

(7:53 AM)dreamway was kicked out by dreamway!

subgirl says to larrykn(7:55 AM):

we all want to see Mosul back with the citizens for sure and the country rebuilt for sure!!!

subgirl says to larrykn(7:56 AM):

Basra is going to be HUGE! IMO and I am excited to watch it grow!

larrykn says(7:58 AM):

yes Basra will be a big bread winner for Iraq for sure

(7:58 AM)BGG was kicked out by BGG!

(8:01 AM)Be sure to join the Dinar Updates “private” FaceBook Group… https://www.facebook.com/groups/571383766355188/ (go here and ask to join… then add some Dinar Friends!!)

Continue to Part 2

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