MilitiaMan Friday Afternoon "The Facts are Fascinating!"
Page 1 of 1
MilitiaMan Friday Afternoon "The Facts are Fascinating!"
KTFA:
MilitiaMan: The data we have been provided by Delta, Teams, etc., showed that the CBI spent money in the past for printing new currency, then again they increased that amount to $108 million real close of recent.
The largest portion of cost for currency is minting coins. To think they are only going to introduce just 250s, 500s and 1,000s is imo way off. They told us months ago they had a liquidity issue and they told us they were ceasing multi currency practices too.
Therefore, trying to function at a program rate for any length of time is plain silly (imo) with those. They talk of new currency and they mean it being brand new. The 250, 500, 1000 are not new, the ones they reprinted to go side by side however are, with updates to them and even deletions to be noted.
The 1, 5, 10, 20, 100, etc., notes are to be new, as will be the coins.
....
So we know they told us that on 09/11/2018 they were going to introduce the lower notes next month, then 09/26/2018 they tell us they are going to do same within two weeks and then yesterday, they are telling us next week. That is from the CBI.
Today they tell us they are deleting the zeros, yet they wrote that 2 days ago.. The CBI wants a suitable environment. Well today we have Abadi as Prime Minister all the while Mahdi seats his cabinet, effectively two PMs, that are imo a suitable environment for the CBI and the world.
It is obvious for that imo, as they have lifted sanctions and released massive amounts of assets, not only from the UNSC, HM Treasury but the EU as well... So the calls for next year are not being broadcast-ed imo.
They are clearly telling us that they are bringing in the new currency, they even tell us they spent a small fortune in doing so!! The only thing they haven't showed us yet is the New Small Currency and Coins...
Notice, I said, "Yet". Notice where the article in the link is dated 2 days ago. Did you all notice that them telling us they were to issue small currency next week, yesterday? That was after banks closed in Iraq?
Well, the point is they do things and time things for purpose. They also tell the Citizens things they need to know before they tell world. So after banks closed in Iraq they told us about them issuing currency next week.
Then today they show us late that they may have told the citizens two days (per article) ago a reiteration of them deleting the zeros, sanction data, etc. Who is to say, they haven't shown the citizens the new notes and coins today in the Mosques?
Maybe we just have to wait for them to show us...? The possibilities are interesting.. The facts are fascinating.. ~ Imo ~ MM
https://www.almuraqeb-aliraqi.org/2018/10/03/117745/
MilitiaMan: Final Article #81 for perspective.
Money in hand
Turkmenistan issued six new banknote denominations on January 1, 2009: 1, 5, 10, 20, 50, and 100 new manat. This was a major expansion of the upper denominations—the previously highest denomination, 10,000 old manat, now corresponded to a mere 2 new manat.
The six newly issued banknotes each differed in size and were all shorter and narrower than previous banknotes. The design of the front of the banknotes presented prominent historic Turkmen personalities. The reverse side, as in the past, portrayed new key buildings and monuments of modern Ashgabat, the Turkmen capital.
In parallel, new coins were issued in the following denominations: 1, 2, 5, 10, 20, and 50 tenge; and the following year, two more coins were circulated with 1 manat and 2 manat denominations. This represented a de facto reintroduction of coins after high inflation and intense exchange rate pressure had rendered the previously issued coins valueless.
Once the design and denominations of a new currency are selected, the central bank must decide how much to produce, based on research on the demand for money in general and on various cash currency denominations in particular.
Data on past orders of banknotes and coins should give reasonable estimates, which must be assessed in light of recent changes in public demand for the currency compared with other currencies. Technical advice is available from international banknote printing firms such as De La Rue and Giesecke & Devrient, and for coin denominations from mints such as the Royal Mint.
"The banknote printer and the minter of coins should be selected competitively and in the international market" ???Giesecke &Devrient????
FA #82
"
The issuance of any new Iraqi dinars equivalent to the dollar in the exchange rate.
It consists of one hundred per dinar 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.
And ensuring the stability of the monetary system and eliminate the flaw in the current system , which allowed rampant corruption.
As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now,it can be done through the abolition of the current period of time and bring new dinar.
It is important that the Iraqi Central Bank assisted by experts from the «Federal Reserve« The US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of high exchange locally and internationally.
"It will be issuing new Iraqi dinars a way to expose corruption as it requires the replacement of currency in circulation is the new currency."
"and we are in the form of in our future projects, although it is high cost, but it is longer in circulation, The central bank will inject the paper currency category 250 and 500 dinars to the local market in quantities that eliminate the existing health to be within the reach of the citizen to trade
Similar topics
» Frank26, MilitiaMan and More Tuesday Afternoon 4-24-18
» MilitiaMan and KTFA Members Wednesday afternoon 12-5-18
» Frank26 and KTFA Members Friday Afternoon 5-27-16
» More News, Rumors and Opinions Friday Afternoon 10-12-18
» Frank26 and KTFA Members Friday Afternoon 11-11-18
» MilitiaMan and KTFA Members Wednesday afternoon 12-5-18
» Frank26 and KTFA Members Friday Afternoon 5-27-16
» More News, Rumors and Opinions Friday Afternoon 10-12-18
» Frank26 and KTFA Members Friday Afternoon 11-11-18
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|