Emailed to Recaps:

[Arthur] The so-called Balassa-Samuelson effect (BS) is an economic hypothesis that implies that countries with rapidly expanding economies should tend to have more rapidly appreciating exchange rates which is common sense any 4 year old child should realize will naturally occur with Iraq’s ongoing economic and political reform progression as it would any other emerging economy…. but has less than zero to do with the revaluation process of the Iraqi Dinar.

 To believe it did implies a total misunderstanding of the history of the IQD.

In 1959 the IQD was pegged to the USD at the rate of 1 dinar= 2.8 dollars, and settled at US$3.22 where it remained until the Gulf War.

The current rate of 1166 is not the economic reality rate of Iraq, but is a post Sadaam era “program rate” used by the IMF after UN sanctions were imposed to monitor Iraq’s rebuilding efforts and therefore was not caused or engendered by the economic reality or potential of the Iraqi economic outlook.
….
So therefore just as there was no reverse Balaasa-Samuelson effect that caused a gradual decrease of the IQD exchange rate, but was engendered by a sudden action caused by the worsening political and economic reality of the Gulf War era, so we can expect a similar reverse action based on the current political and economic reality within Iraq.

We are now awaiting the final sovereignty to be granted internationally based on the efficiency of the newly formed, fully inclusive GOI to ratify, open and fully implement a nationwide budget which will abruptly usher the new revalued IQD on to the global scene.

**************************

Stage3Alpha:

R.V. / GCR October 22, 2014

ALL i WILL SAY IS i BELIEVE THIS WILL BE TRICKLED DOWN TO PUBLIC BY MONDAY

Omega Man > TRNS are live…i don care wut nobody sayz

Carden > Omega Man And they’ve been “live” for a long while now.

**********

More Guesses to NEW Picture Intel/Clues

Vinman October 22, 2014

Dong is busting out.

Watch the next 72 hrs.

Zim is a coin toss and is up in the air.

***********

Beverly October 22, 2014 at 8:20pm

Here is my take on EXO’s clues for today.

At 7:00 the Dragon’s are PHONING (Red Phone) the World Bank

Banksters want 3 different rates simultaneously. CAUGHT with their hand in the cookie jarBank of England!

The DEBT burden for countries around the world is too heavy.

The BLACK phone is ringing……and the sociopath’s are MAD!

Vietnamese Dong (100,000 shown) we are WATCHING for it to BUST OUT! It is NEXT!

The ZIMBABWE (100,000,000,000 shown) is still a coin toss and up in the air.

SNOWING and beautiful weather for gifts.

Dinar Updates:

Poppy3 :  the new RATE is very possible this week!

Several events that can trigger their actions to raise the rate for sure…NEW YEAR, ISX GOING ONLINE, ANNOUNCEMENTS, ISIS UNDER CONTROL.

GUYS, WE ARE IN A GREAT PLACE RIGHT NOW.

***********

TNT:


[natok] hijack in forum… I just received a call from a friend who deals with traders and he said his friend who does bonds said via a 3 page email what Tony & DC have been saying that in Iraq everything was done(everyone seated, in gazette, Govt ready to go to do business). This friend of mine doesn’t get on dinar calls, but he knows that i do.

[pappabear] i have a short bank story. just got back from wells fargo bank in florida and i opened a checking account.and then asked the lady where is the closest currency exchange with WF and she said we can do it she asked what currency do you have. i said i don’t know if i should ask. she said iraq dinar i said yes. she said we know about it also spoke about the 800# and then call her and more was said in about a 30 min conversation.

POOFness for OCT 22: Mid-Week Report

HI ALL

I THANK THE ONES THAT HELP. YOU HAVE NO IDEA THE SERVICE YOU DO. MANY ARE HELPED BECAUSE OF YOUR HELP, AND THE WORK GOES ON.

SEVERAL THINGS OF NOTE. (MANY CAN NOT BE SAID YET)

INTENSE MEETINGS IN WASHINGTON AND BEIJING AND ZURICH HAVE RESULTED IN SOME SIGNIFICANT RESULTS.

TODAY MARKS THE FIRST DAY THAT THE BOND REDEMPTIONS ARE COMING ALIVE. IT IS ALMOST OFFICIAL NOW.

THE DINAR IS TO BE ON THE INTERNATIONAL SCREENS AND FULLY USABLE AND EXCHANGEABLE BY OCTOBER 26.
….
THE NEW FINANCIAL SYSTEM IS JUST ABOUT READY TO BE REVEALED AND FUNCTIONAL, AND THE CHIEF PURPLE PIG HAS STATED “WE ARE READY TO THROW THE SWITCH”.

RUMORS OF GENERAL CARTER HAM REPLACING OBAMA ARE INTERESTING, BUT OBAMA REMAINS ON TV STILL. SO WHEN DOES HE ANNOUNCE THIS EVENT? THE SHADOW AIN’T SAYIN NUTHIN.

THE MAJOR ARRESTS SCHEDULED ARE STILL TO COME.

BANKSTERS HIDING MONEY AND MAKING IDIOTIC MISTAKES.

EVERY CABAL MEMBER LEFT IS STEALING AS MUCH AS POSSIBLE IN THESE END DAYS. ALSO MAKING IDIOTIC MISTAKES. MANY DESTINED FOR THE V8 PRODUCTION PLANT.

THE OTHER RUMORS ABOUND, AND REALLY THE BLOGS ARE HAVING A FIELD DAY WITH EXPERT TESTIMONY FROM PARSNIPS AND BEETS.

BE READY TO SEE A HUGE SHIFT BY THE END OF THIS MONTH AS THE WHOLE MACHINERY OF CHANGE LURCHES INTO HIGH GEAR. PIGS ON STANDBY.

I WILL HAVE A NEW DIAL A RUMOR SERVICE INSTALLED SHORTLY TO PAD THE ACCOUNTS SOME MORE. IT WILL AUGMENT OUR OLD DIAL A DINAR SERVICE WHICH IS SOON TO BE DEFUNCT.

IN LOVE AND LIGHT IN OUR SERVICE

ZAP

“BE GOOD, BE LEGAL, TELL TRUTH”

October 22, 2014

Copyright ZAP 2014

Donations are needed to keep the lights on and the news coming. Please go to Paypal.com…account to donate to is goneforthfornow@gmail.com , if you have a problem please contact us at 2goforth@safe-mail.net. Thank you and Blessings, Susan

Love and Kisses,

“THE OFFICE OF POOFNESS”

Millionday Roundtable 10/22/14  Part2

    Welcome to dinarupdates.com for Roundtable with Millionday!

    rod86018 Millionday: actually the security issues would probably increase trade for items needs to fight purchasing ammunition, bombs and supplies, pay the national guard being formed, repay foreign countries….goes on and on..

    Millionday: ROD I COMPLETLY AGREE AND THEY HAVE ANNOUNCED JUST THAT

    Millionday: The Central Bank, on Tuesday, near posed to the categories of the 25 thousand and five thousand dinars, “Bhlthma new,” promised new specifications for the two currencies as the “insured that are difficult to counterfeit,”

and while pointing out that the most important changes to the currencies add a security to “magnetic ink”, he stressed not his intention to withdraw the above categories.

    Millionday: NOTE — IT IS NOT HIS INTENTION TO WITHDRAW THE THE ABOVE CATEGORIES? — SO WHY WOULD HE SAY THAT — IS HE WITHDRAWING SOME — HMMMM
~~~
     Millionday: The bank said in a statement received “long-Presse,” a copy of it, “that in order to develop the current series of banknotes of Iraq, and to increase efficiency,

it has been printed categories of the 25 thousand and 5 thousand using the finest paper and placed where the characteristics of art and several security,”

 noting “The two new categories Sttrhan during the next few days in the market.”

    Millionday: NOTE — THE CURRENT SERIES — SMILE

    Millionday: The statement added that “the Bank has no intention to withdraw the above categories and will continue to trade and naturally,”

explaining that “groups carrying specifications and signs of a new high-security protection, in addition to the security tags in categories”.

    Millionday: The statement continued that “the most important variables that have been added to the category with the (5000) BD is that the paper contains a string ensure the buckle width (4 mm) bears the words (CBI) contains the effects Animations changes color from green to blue when the note is tilted ,

and as a sign of security paper bearing magnetic ink color variable (SPARK) changes from green to blue when the banknote is tilted.

    Millionday: LETS KEEP READING THIS CAREFULLY

    Millionday: The statement pointed out that “the category of (25000) has been modified image of agriculture and the field in the face of the sheet where bear farming pitcher of water appears behind a tractor plowing the field,

as was a change in the size of the decoration on the right side of the face sheet of the need to develop a transparent window and add a bar to protect the window appear in the image below Palm transparent color (color ribbon),

as well as a modified form of decoration on the left side of the face sheet of the necessity of art with the general shape of the paper.

    Millionday: NOTE — KNOW THESE ARE ALL DONE AND ARE IN IRAQ — THIS IS NOT COMING IT IS THERE

    Millionday: The central bank statement that “the category of the 25 alpha include thread ensure the buckle bears the words CBI contain stimuli moving it changes color from purple to green when the note is tilted,”

 noting that it “has been chosen the color green to be different from the color of the paper red and the audience can From his observation,

as was marked advanced security known as (transparent window) in the right corner top-to-face banknote, showing a picture of the minaret Helicobacter when placed on a white background, while the number appears category (25000) when placed on a dark background.

    Millionday: The statement noted that “the paper also included a tape of metal extends from the transparent window to display the banknote contains the Palm and the category number changes color when you tilt the banknote,”

 explaining that “the paper marked security ink magnetic variable color (SPARK) changes from purple to green when the note is tilted cash has been selected to be a green color different from the color of red paper and the audience can be seen.

    Millionday: NOTE — SEEMS FAMILIAR WITH ALL THE SECURITY CHANGES WE HAVE SEEEN AS WELL BEING FADED OUT

    Doug: not dissimilar to our new 100 Bill

    rrathbun: Very proud. Their currency is telling the story of Iraq. Leading edge.

    0.copy.DIGIman1: and our currency…they all have transparent windows

    Millionday: VERY MUCH SO VERY SECURE AS WELL

    Millionday: The statement stressed that “has been modified dates Islamic and Gregorian calendars in the two papers to the two dates (1435 e 2013), as well as they were carrying the signature of the governor and the agency, Dr. (Abdul Basit Turki Saeed),

 also containing a sign the blind which is a horizontal line straight prominent when the texture on the left side from the face of the papers, as well as add capillaries visible and invisible to the banknote in addition to painting paint markets to sustain life and resistance to dust,

also include paper sign blind which is about three straight lines prominent when the texture on the left side of the face of the paper

    Millionday: And between the Central Bank and in accordance with the statement: “Add capillaries visible and invisible to the banknote in addition to painting a protective coating to sustain life and resistance to dust.”

    The CBI, revealed in (7 August 2014), that the end of the month of August will see the launch coin ten thousand dinars Bhltha new,

and among the old currency from the category of ten thousand will not be withdrawn from Iraqi markets, confirmed that the other categories of currencies Iraq will be put up new forms successively until the end of this year.

    Millionday: IN OTHER WORDS FADING OUT WITH NO ISSUES — A KNOWN ACT DONE THROUGHOUT THE GLOBE

    Millionday: I DONT THINK THEY FEEL INSECURE

    Millionday: BRB WITH MORE

    Millionday: started the Deputy Prime Minister Nuri Shaways example, has typically in his new government to chair the first meeting of the Committee on Economic Affairs. Today on Tuesday.

    The meeting was attended by Hoshyar Zebari, Minister of Finance and Salman al-Jumaili, Minister of Planning and Naseer Kazem Minister of Industry and Minerals and Falah Hassan Zeidan, Minister of Agriculture and Sami al-Araji, head of the National Investment Commission,

and the servants shop assistant secretary general of the Council of Ministers and Osman Salman Al Aboudi, head of the legal department in the Prime Minister’s Office.

    Millionday: And the Committee considered its own agenda and discussed the current economic realities and the need to develop appropriate plans to address the security and economic challenges for the advancement of economic reality service and for the Iraqi people.

    The Commission has taken many of the economic decisions that will boost the economy, investment and development forward for the service of the public interest

    Millionday: UNDERSTAND THAT IRAQ HAS TO GROW TO BE A FORCE TO BE RECKONED WITH AS THEY SAY –

    StillWaiting: Can the ISX be delayed on the 26th and why?

    Millionday: WHAT DO YOU MEAN ? OPENING? IF THEY DIDNT GET DONE MAYBE BUT THEY SEEM TO HAVE THE DATES SET

    Millionday: THEY HAVE ALWAYS FOLLOWED THROUGH BEFORE ON WHAT THEY HAVE STATED –

    Millionday: SO DONT WORRY UNTIL ITS TIME TO WORRY

    Millionday: SMILE

    StillWaiting: Supposed to come back on line on the 26th, any reason why it wouldn’t

    Millionday: NOT THAT I KNOW OF

    JHub: AND THEY HAVE TO HAVE TRUE VALUE TO COME BACK ON 10-26 CORRECT? ( ISX )

    Millionday: NOT IF THEY ARE NOT ACTIVE

    Millionday: THEY CLAIM THEY WILL BE BUT I ALWAYS LIKE TO WAIT FOR ACTION

    Millionday: READ THIS — THIS IS VERY INFORMATIVE

    Millionday: Center Brief for the Iraqi Media Network (IMN) – The economist said the appearance of Mohammed Saleh, said that the duty of the international community to protect the economy and development of Iraq, especially that Iraq is turning into a global front to fight terrorism.

    Saleh pointed out for (IMN), that “Iraq is boxed Bakadan First, the war on terror, and the other war in oil prices,” noting that “Iraq has lost 25% of its petroleum revenues in the past three months because of his war on terrorism.”

    Millionday: “It has to be for the international community must shoulder its responsibility towards Iraq, and to save the ailing economy on an ongoing basis.”

    He continued economic expert that “should the diplomatic political and economic exploitation of the Iraqi International Conference and out with good results support the country’s economy.”

    It is scheduled to hold a conference to collect mobilize international support for the Iraqi economy under the auspices of UNDP United Nations along the lines of the Madrid Conference in 2003.

    Millionday: NOTE — I THINK WHAT IS MISSING HERE IS THE HUGE ELEPHANT — WHAT IS THE MADRID CONFERENCE IN 2003 ? HMMMM WELL LET ME SHOW YOU

    Millionday: BRB

    Millionday: Security Council Resolution 1511 stresses that the U.S. occupation of Iraq is temporary and encourages the United States to let Iraqis govern themselves “as soon as practicable.”

It also authorizes a multinational force to establish and guarantee security in Iraq, and urges member nations to contribute to the costs of the country’s reconstruction.

It partially assuaged international concerns about U.S. dominance of Iraq’s security, economy, and politics. European countries, led by France and Germany, had pressed for a significant U.N. role in Iraq’s reconstruction and a quick transfer of power from the U.S.-led Coalition

    Millionday: Provisional Authority to a U.N. administration or the Iraqis themselves. Instead, the United Nations will, for the time being at least, play a mostly advisory role to the Iraqi Governing Council, which must submit, by December 15, 2003, a schedule for drafting a constitution and holding elections.

     Millionday: THIS WAS FROM THE UN STATEMENT OF THE MADRID CONFERENCE

    Millionday: IT WAS SAID THAT IRAQ WOULD BE HELPED TO BE REBUILT AND RETURN AS A DEMOCRATIC AND ECONOMIC STATE –

    Millionday: SECURITY HOWEVER WAS AN ISSUE DUE TO THE LACK OF SUPPORT OF THE WAR

    Millionday: FRANCE WAS NOT HAPPY AND YESTERDAY WE HEARD THAT THEY ARE HUGE IN TRADE CONTRACTS WITH IRAQ —

    Millionday: SO JUST KNOW THE PLAN HAS ALWAYS BEEN ECONOMIC REFORM AND A GLOBAL ECONOMY — THAT WAS THE WHOLE POINT

    Millionday: RIGHT THERE IS SO MUCH NEWS AND REPORTS ON THAT CONFERENCE AS YOU CAN IMAGINE

    Millionday: IT COULD TAKE ALL DAY TO TALK ABOUT BUT THE PLAN AND WHAT TO COME OF IT MAKES SENSE WITH WHAT HE IS SAYING IN THAT REPORT

    Millionday: LETS GO AND MOVE ON AS WAS SAID IN THE MADRID CONFERENCE IS WHAT HE SAID

    Millionday: RIGHT ?

    Millionday: THE CONFERENCE WAS THE BEGINNING OF THE CHANGE

    Millionday: SO THIS MEANS HE IS STATING THE PLAN IS READY HELLO

    Millionday: AND IT IS — THE SECURITY IN THE COUNTRY WILL AND IS BEING DEALT WITH — IF OUR AIR FORCE IS BEING REPORTED AS NON EFFECTIVE — I SAY THEY ARE LYING

    Millionday: LYING

    Millionday: LYING

    Millionday: AND I WILL SAY IT AGAIN — LYING

    Millionday: GOT TO LOVE THEM

    Millionday: SMILE

    Millionday: SO WHERE WE ARE IS THEY IN MEETINGS WITH CBI ABOUT THE CURRENCY AND ALSO THEY ARE BEGINNING SOME MOVEMENT IN A COUPLE DAYS

    Millionday: IF OTHER PEOPLE ARE READING MORE INTO IT — I LIKE TO WAIT AND SEE

    GrannieAnnie Millionday….When did that couple days start?

    hstrymknwmn which couple days

    Millionday I WOULD SAY YESTERDAY WITH TIME DIFFERENCES

    Millionday THERE SHOULD BE MASSIVE NEWS IN THE NEXT DAYS

    Millionday VERY INTERESTING TIMELINE WITH ISX AND ALL WE HAVE SEEN AND WITH A FULL GOI

    Millionday SO LETS SEE WHAT HAPPENS

    Millionday: SEE YOU AT NEWSTIME AT 730 EST

    Millionday: CHECK OUT THE FORUM OF NEWS IT IS LOADED AS WE HAVE GREAT PEOPLE BRING ALL THE NEWS FROM EVERYWHERE

http://www.dinarupdates.com/showthread.php?14623-Millionday-Roundtable-10-22-14

Millionday …CBI HAS BEEN CALLED TO PARLIAMENT AND PARLIAMENT HAS IN THE VERY RECENT PAST STATED THEY WANT CBI TO MOVE FORWARD NOW FOR IRAQ. THE ISLAMIC BANKS WHICH IRAQ BANKS ARE RUNNING UNDER ISLAMIC BANKING — HAVE STATED THAT THEY ARE READY TO OPEN TO THE GLOBE IRAQ AND ITS BANKING WORLD. THAT WOULD OF COURSE INCLUDE THE REALITY OF THE IRAQI DINAR IN ORDER TO DO BANKING. IRAQ HAS STATED MORE THAN ONCE THAT THEY ARE EXPECTED TO CREATE A GLOBAL IMPACT…I BELIEVE THAT A REALITY RATE WILL BE SET AND WILL BE HELD AT A LOW 2% FLOAT AND WILL LATER BE ALLOWED TO GROW WITH THEIR MARKET — THIS IS MY OPINION SO WE DONT KNOW UNTIL IT IS SET.

 

The Central Bank of Iraq (CBI) has reported that 21 banks took part in its currency auction on Wednesday.
A total of $267,318,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar.

LINK

Governor of the Central Bank of the Euphrates {News}: the abolition of the zeros from the currency is linked to the security situation in the country

History of edits:: 22.10.2014 10:52 a.m.


{Baghdad: Euphrates News}

central bank governor said on the Keywords that "the issue of cancellation of the zeros from the Iraqi currency is linked to the security situation in the country.


Alak said in an interview, told {Euphrates News} on Wednesday that "the issue of cancellation of the zeros from the Iraqi currency within the plan’s central bank and in the coming years will be the implementation of this project,

and whenever there is stability in the security situation will accelerate the implementation of this project and canceled yellowing from the currency."

was the Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation winning currency, but it has been postponed.

referred to that a lot of economists called for during the coming period to delete the zeros from the Iraqi currency to maintain a stable exchange rate of the Iraqi dinar against the dollar exchange rate, while the Iraqi government announced The step switch the new currency may take many years.

mentions that the reports revealed in the recent period for the face of Iraq to the deficit in the assets of hard currency in the Central Bank of Iraq,

at a time when the bank that the monetary situation in Iraq is stable in spite of the military operations taking place in Iraq in recent period.

http://wwww.alforatnews.com/modules/news/article.php?storyid=67327

Governor of the Central Bank of the Euphrates {News}: the abolition of the zeros from the currency is linked to the security situation in the country

History of edits:: 22.10.2014 10:52 a.m.


{Baghdad: Euphrates News}

central bank governor said on the Keywords that "the issue of cancellation of the zeros from the Iraqi currency is linked to the security situation in the country.


Alak said in an interview, told {Euphrates News} on Wednesday that "the issue of cancellation of the zeros from the Iraqi currency within the plan’s central bank and in the coming years will be the implementation of this project,

and whenever there is stability in the security situation will accelerate the implementation of this project and canceled yellowing from the currency."

was the Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation winning currency, but it has been postponed.

referred to that a lot of economists called for during the coming period to delete the zeros from the Iraqi currency to maintain a stable exchange rate of the Iraqi dinar against the dollar exchange rate, while the Iraqi government announced The step switch the new currency may take many years.

mentions that the reports revealed in the recent period for the face of Iraq to the deficit in the assets of hard currency in the Central Bank of Iraq,

at a time when the bank that the monetary situation in Iraq is stable in spite of the military operations taking place in Iraq in recent period.

http://wwww.alforatnews.com/modules/news/article.php?storyid=67327

By John Lee.
The*Central Bank of Iraq (CBI)*has reported that 21 banks took part in its currency auction on Wednesday.
A total of $267,318,000 was sold**at a price of 1166 Iraqi Dinars (IQD) per dollar.
(Source: Central Bank of Iraq)

Source: Iraq-BusinessNews.com.

Post your commentary below.

By John Lee.

The Central Bank of Iraq (CBI) has reported that 21 banks took part in its currency auction on Wednesday.

A total of $267,318,000 was sold  at a price of 1166 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)

The Commission on Economy and Investment in the House of Representatives that the deletion of zeros from the Iraqi currency will enter into force next year, noting at the same time it will be discussed during the coming period, the laws pertaining to banks, and the central bank, and the fight against money laundering.

A member of the committee of economy and investment, Jawad al-Bolani, said that ‘the deletion of zeros from the Iraqi currency will be it next year’, according to agency Anatolia. The Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation is winning the currency had been postponed.

He said al-Bolani, in a press conference held in the building of the Council, that the foreign exchange reserves in the Central Bank of Iraq amounted to 76.3 billion dollars, with the currency markets is estimated at about 40 trillion Iraqi dinars. According to Bolani he will discuss some of the laws that would ‘promote the Iraqi economy’ he said, and he mentioned the laws of the banks and the Central Bank and the Money Laundering Act.

It is noteworthy that the Iraqi Central Bank authority independent of the government is not entitled to state intervention work, under Iraqi laws

LINK