Dinar Recaps

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IQD CALLS Chat Wednesday Evening 10-16-19

IQD CALLS Chat Wednesday Evening 10-16-19

 Baxter   I like Kap... and he is very knowledgeable in this... but he is kind of... "Old School".. on some of his ideas... I know Iraq cant pay for 42 trillion outstanding dinar to come back in at even a dollar... but... the U.S.... has 2.7 trillion dollars out in the world economy..and we are at least 22 trillion in debt...and we are still doing fine...

the dollar is as strong as ever.. could we come up with the money to pay off our debt...? Heck No... all the other countries are the same way... so I dont think the amt of dinar out there...has to have that much money in the bank.. to be able to pay for it... no country does

Clay   https://cbi.iq/static/uploads/up/file-156879800127996.pdf   

Dave   Clay did you look at that link......note anything strange?

Dave   the one you sent from cbi

Baxter   what was so strange about it

Dave   assets and liabilities....

Baxter   its in thousands

Baxter   you have to add three zeroes

Dave   yes but note both lines.........they match to the penny

Baxter   im too busy right now

Dave   bottom lines......match

Dave   to the cent

Baxter   well they should.. its a balance sheet

Dave   funny it makes no mention of their reserves......70B usd ish either

Dave   multiply that by 1000

Zig   Yeah....their reserves more than cover the amount of currency out there....almost double.....

Baxter   its at least worth a DIME

Dave   under liabilities......7,903,265,458

Dave   thought reserves would be an asset

Dave   Gold holdings considered an asset

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Baxter   WE SHOULD have showed that to Kap

Dave   reads everything

Zig   Baxter : You should have!!....get on the ball, will ya??.....lol

Baxter   LOL

Clay   Dave ni I didnt

Dave   not a financial expert........

Dave   missed another boat perchance.....have more questions than answers on that

Wilder   UAE Becomes World's First Country to Restore Iraqi Churches Destroyed by ISIS. JERUSALEM, Israel - The United Arab Emirates is teaming up with UNESCO to rebuild two Christian churches in Mosul, Iraq that were destroyed by ISIS in 2014. https://www1.cbn.com/cbnnews/cwn/2019/october/uae-becomes-worlds-first-country-to-restore-iraqi-churches-destroyed-by-isis

Francis Albert   Kaperoni brings interesting material to this room. I would encourage those of you who just want to fight with him, to ask good pointed questions and see what we can learn. Snarky is soooo boring.  (snarky comments)

Francis Albert   We've mentioned JP Morgan and NY Melon as top of the food chain for CBI for years, and then Kap brought in today that Iraq is controlled by IMF. Yes indeed, and The IMF, U.N. all the big banks are either one, drink from the same cup or at the very lease meet and sit with one another.

biff   I want my 1.20 dime Baxter ;$$$ ;c-ball

Clay   the far more frequently-encountered sense “sarcastic, impertinent or irreverent.”

Whitelions   The Central Bank of Iraq announces that the National Bank of the Republic of Belarus issued for circulation updated banknotes of two categories (10, 5) rubles issued in 2009.

Central Bank of Iraq   information Office   16 October 2019

Whitelions   The Swiss National Bank informs the Central Bank of Iraq of the renewal of its banknote of 100 francs these are iraq money in these countreys

Baxter   so what does this mean??

Baxter   in English?

Doug_W   business as usual just informing other commercial banks they are comming Bax

spankie   thx whitelions--lol

Baxter   I kind of figured... just more news that leads to nowhere... but I do appreciate it

Baxter   maybe next year

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WilderA link to what Whitelions was sharing earlier. Economy News _ Baghdad

The Central Bank of Iraq, Monday, informed all Iraqi banks of the new version of the category of 200 Swiss francs. http://economy-news.net/content.php?id=14066

16 Oct 19, 07:13 PMWilderThe Central Bank of Iraq announces that the National Bank of the Republic of Belarus issued for circulation updated banknotes of two categories (10, 5) rubles issued in 2009.

 Central Bank of Iraq information Office 16 October 2019 . https://cbi.iq/news/view/1315

Francis Albert   Previously from Sir Kaperoni

Francis Albert   But if they were to RV at let’s say 1 to 1 then the liability would become $42 trillion dollars…and this is why we say the CBI could never substantially RV because they couldn’t afford $42 trillion dollars.

That is why Parliament wants to pass a law to Lop the zeros because the liability of 42 trillion would in fact then become 42 billion…

Read more at: https://dinardetectives.com/kaperoni-506/

Francis Albert   To respond to Kap's quote above. Black and White, he's correct. The balance sheet actually shows the 48 Billion number of Dinars is in Thousands...so, little error there..but in thousands the balance sheet from CBI shows 48 Trillion Dinar "

Francis Albert   excuse...fat finger....shows 48 Trillion Dinar "out there." Higher than what Kap has been saying. The things I believe he's missing. Firstly the Oil Credits and the banks create the dollars, UST ends up with oodles of Dinar and exchange bank to CBI, (when it is comfortable for Iraq), at a cheap oil cost. Without the credits the whole point of the war is moot.

Francis Albert   Secondly, no one, including myself or Kap knows where these 48 Trillion Dinar are. He's assuming if Dinar goes from current to .50 then Iraq has to pony up 24 Trillion Dollars. Bad assumption.

IMO, the vast, vast majority of these Dinar are in Central Banks around the globe. The very Central Banks that orchestrated the war. They have all the prerogative in the World to exchange whenever they want, up to 10 years..or not at all.

Francis Albert   Wait a minute..destroy currency? Central Banks destroy debt instruments to suit their motives all the time. Why? Because they create currency for a living. This is not about "money" for Central Banks. It is about market share, dominance of the dollar remaining, power and control.

Francis Albert   I argue these very bankers that convinced the Neo Cons, Cheney et al to invade Iraq in the first place have accomplished their goals of killing Saddam who was threatening to sell his oils for Dinar. And, destroying the company so they can get paid to rebuild it with funny money.

Put massive bases in to look after their "national interests" over there. So, IMO they will do everything they can to have Iraq be strong and the people happy and along with the IMF, (same people) are doing all they can to have Iraq do currency reforms.

Francis Albert   So, Kaps ongoing diatribe about money supply etc.just doesn't hunt and is only a thread of the story,

https://www.iqdcalls.com/chat/

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