KTFA:

Don961:  A "serious" note from specialists and interested in the money market .. Has Iraq resorted to printing the currency?

2020-07-07  Yassin Iraq: Baghdad

A page dedicated to currencies and exchange-rate monitoring posed a serious question looming over “printing the currency”.

The page wrote a post that was monitored by "Yassin Iraq" as well as some comments, which I indicated through the continued pumping and delivery of banks "new currencies", in a sign that raises the question of whether there is a printing of the currency without a cover of gold that threatens inflation and the loss of its value, which is the option that was previously It was proposed by some economists and government officials to address the economic crisis.

The post stated: “Before the printed dinar was new (sulfoned), we would only see it at the beginning of each new year, and after that it disappeared. This year, we entered the seventh month, and the banks distributed all new !!!”

Some comments wrote a different opinion stating that the new edition is based on the foundations of withdrawing the old and damaged currency, and printed an alternative to it with the same value. link

DELTA:  FAMILY THEY ARE TALKING ABOUT THE CURRENCY THAT WE HAVE  AND NOT NEW NOTE..(YET)  THE NEW EDITION WITH ALAQ'S NAME THAT WAS PRINTED IN 2018....PART OF 10K AND 25K HAD POLYMER ..MOST OF US HAVE THE OLD EDITION BUT NOT THE ONE WITH ALAQ'S NAME... THEY ARE BOTH LEGAL TENDER...  

Don961:  YUP .... IMO ... MORE DIFFICULT TO COUNTERFEIT ... COULD BE ANOTHER REASON THEY ARE PROMOTING THESE "NEW " REPLACEMENT NOTES ... TO CULL THE OLDER NOTES WHICH MAY HAVE BEEN EASIER TO COUNTERFEIT ... SO WHEN THEY DO EXCHANGE THE ZEROES FOR NSCN'S ... THERE WILL BE LESS HASSLE/FEWER PROBLEMS ... IMO

MilitiaMan:  The new "edition" money is looking to be a poylmer strengthened paper. imo (Sulfoned) is explained below to be a polymer based money. The new currency they distributed may very well be polymer, an anti bacterial currency with strength, longevity, forgery free and cheaper to print . Is this a leak or not? Maybe, maybe not. It is not the first leak we have seen..

But, lets take this to another line of thinking. Below they told us in 2016 they were considering using this new type of currency. They suggest to do so they need to bring value to the currency (see below).

Well, is that not a part of the White Papers or road map they have told us about? To bring Purchase Power to the citizens? I think so.

Just as we see today Alak making agreements with the Security Exchange Commission.. They also mention the have intentions of using the stock exchange for internal borrowing to provide liquidity. A much needed thing these days, as we see massive amounts for articles on the matter. 

They don't have new polymers in circulation now do they with 000s on them that I have seen or bought recently. In fact, there seems to be a drying up of supply of Paper Dinars, at least from what my research shows.

With that said, why would they have spent all the money on small category notes and then print or issue more 000s with polymer currency. They destroyed massive amounts of perfectly good currency in the Video Delta translated an talked about with us.

There was support for that they were spending more money, well metals cost more money than paper, let alone paper costs more than polymer.. So, it is not adding up that this is not more than just replacing old notes.. We have heard that there were leaks about money movements.

Here in this article about polymers is saying they confirm our suspicions on printing new. As, they say the "distributed all new".. Not at the beginning of the year, but, this month..

They tell us they are at the same value.. But, can they tell us a different value without an official announcement? Not imo can they.

They need to bring value to the currency to make them acceptable to those who will receive payments in the Dinar for imports. Again, Alak has been hard at work. (see bottom link) Making sure he has the Stock Market and Money Exchanger's on board and up to snuff "international regulation compliant" wise too.!! 

So from my view this looks very promising, as their ideas from 2016 may still be applicable. And if so, this may very well be more leakage if not flat out education a change is coming.. imo We shall see.. ~ Imo ~ MM

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"Sulfoned copolymer and method for cleaning surfaces and / or preparing ... -C 18 , M is a hydrogen atom or a cation of the same definition as mentioned above, ..."

Sulfopolyesters for paper strength and process

Abstract

Sulfopolyester thermoplastic resins provide advantages in papermaking processes and in paper products including paperboard. Improvements in wet strength and dry strength of paper products are achieved by addition of sulfopolyester thermoplastic resins and cationic strength additives during the paper making process. The use of sulfopolyester thermoplastic resins in paper products also significantly enhances the repulpability of the paper.

Clare:  BROUGHT FORWARD POLYMER........... THIS IS FROM 7/9/16 

FINAL ARTICLE #123

The article referred to in YT vid ... sadly site is no longer up and running .. was a viable economic news site based in Baghdad ... 

Upgrading of Iraqi currency  

 Date: July 9, 2016  Special - NEN Iraq   Author - Ahmad Salami

- Dinar plastic (polymer) 

- Restructuring of the Iraqi currency 

- Re-evaluate the value of the dinar

 - Iraqi dinar (polymer):

 1.eetm the use of plastic money and made of material plastic polymer high-efficiency rather than paper made from cotton material and paper used in the money industry today and that are exposed to rapid deterioration use life short and the movement of disease transition and endemic and infectious bunches bacterial with it and move on to people when you touch Kalmndel infested.

 2. plastic money outlive most of its peers paper twice a number of years and do not affect the high temperatures and humidity, water, dyes, crushing and does not allow the formation of clusters of bacterial Ovairoseh.

 3. plastic money security features very high degree forgery make it almost impossible to 99.9%.

 4. plastic money can be recycled after it is damaged and the use of new raw materials reduces costs to a very high percentage Unlike paper that Taathra and lose parts and comes with stickers or dyes, which burned and then buried. Nor used as the raw material.

 5.alncod plastic as far as being the most evolved its industry costs less than the cost of paper-based counterparts.

 6.dol world began a gradual transition to plastic money instead of paper and the first Arab state of Kuwait is applied to the new currency system.

 - Of Iraqi cash reserves of $ 53 billion for the year 2016 

- Iraq has reserves of 90 tons of gold 

 .. This is the cover of the Iraqi dinar.

 -hiklh Iraqi currency:

 - It must be the value of the Iraqi dinar to reflect the value of this financial cover 

- And who is currently (1118) dinars to one US dollar 

(According to the Central Bank of the price, of course), a very low value of digitally .. 

Make it difficult to deal externally Dinars let alone inside Iraq. 

 Iraq needs to restructure its currency (Iraqi dinar):

1. Delete the zeros phantom inflation inherited from the siege and war ..

2. Be the dollar value of 1 is equal to 1 dinar and 118 fils. 

3.eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.

 Re-evaluate the value of the dinar:

Iraqi dinar code globally DI, and Fils F 

1. The re-evaluation of the Iraqi dinar, where every dinar equivalent of 100 fils and not in 1000 and make every penny is composed of 10 monetary units smaller name (NIS or rail) ..

And that each 1 $ = 1 DI and 18 fils. 

(Shekel unit calibration Sumerian worked for in Ur and Uruk like kilogram in the present day) 

2. production units metal younger groups most heavily for many Astkhamat payment and collection of taxes and fees and the rapid public attitudes and privacy, public transport, ATM and Lafrath in the markets) 

It produces metal categories:

- AED 10 fils 

- Quarter of a dinar 25 fils 

- Half KD 50 fils 

-danar 1 and is equal to 100 fils, as well as the issuance of paper has increased by only 20%.

If the improvement in the Iraqi economy, industrial and agricultural sectors, tourism and housing via the investment 

Add categories are less fils are 1 and 2 fils and 5 fils future ...

3. paper categories plastic polymer made of plastic resistant to damage and bacteria and fraud, namely:

-1 Dinars only 20% paper and 80 metal

Dinars -5

BD -10

25 dinars

JD 50

100 dinars limited trading major category of banking transactions and large international investment and business deals

Are forcing banks to deploy ATMs in every province and spend according to the market and the population density and the development of piggy banks levy metal sheet positions to collect mineral groups service fees compared to the corner the whole car managed .. The introduction of credit card banks of digital cash.