| Online: | |
| Visits: | |
| Stories: |
EXPLAINING WHY THE IRAQ DINAR RV WAS DESIGNED IN THE FIRST PLACE
Friday, July 11, 2014 4:51
% of readers think this story is Fact. Add your two cents.
HI DINARIANS:
>
> HERE IS A POST IN THE TNT FORUM. PRETTY GOOD EXPLANATION OF HOW THE
> RV WORKS AND WHY IT HAS TO RV. I HAVE PRINTED MATERIAL WHICH EXPLAINS
> THIS IN MORE DETAIL MONEY WISE, BUT THIS IS ALSO GOOD. LONG READ, BUT WORTH IT.
>
>
> *DINAR GURUS POST*
>
> Permalink
>
> mment-58040008>
> Reply Quote
>
> Printer Friendly
> ——————————
>
>
>
> I ran into this post on DINAR GURUS and thought it to be the most
> informative of any information I have run into.
>
> For those who haven’t read This update from “DINAR & DONG VIETNAM UPDATE:
> EXPLAINING WHY THE IRAQ DINAR RV WAS DESIGNED IN THE FIRST PLACE”.
> Should give you much hope regarding this whole global event and here
> it is;
>
> Hopefully here I will explain why the Iraq Dinar revaluation was
> designed in the first place. This is based on a historical view of
> what has happened the last two decades. Some may read this and say “no way” and that is ok.
>
> My goal is to properly inform you why we are where we are at with the
> speculative investment called the Iraqi Dinar. Also it may be an eye
> opener to many on how governments do what they do. So here it goes.
>
> To tell the full story, I would have to write a book, so I will try to
> condense as much as possible to bring the main points to life.
>
> Understand my writings are my view from all that I have gathered and I
> am sure any who are mentioned will deny at any moment this is or could
> be the truth.
>
> During the term George Bush, Sr. was president, I will say a group of
> people who have more power than any one government saw the way our
> country was going to be financially in the next ten to twenty years.
> ….
> Due to the way we allowed financing to be done, the way mortgages were
> done it would cause our monetary system to fail in years to come.
>
> It would cause millions to be without jobs, to lose their homes, allow
> millions to be in a position not be able to feed their families. Sound
> familiar? That time frame they saw back then that would be was from
> five years ago to our present time.
>
> They saw back then that we were going down a path where we would be
> spending more than we could pay. United States as we know it would
> self destruct. From this, they had to do something that could change
> the course of events, otherwise, we would financially destroy ourselves.
>
> If it wasn’t for what they did, we would have.
>
> But what they did, will change the course of events just temporarily,
> until a more permanent fix could be implemented. The more permanent
> fix was and is a one world currency. But not to get ahead of myself,
> let me tell the story as I know it.
>
> In order to fix a to be broken financial country, they needed to “use”
> a country that had all of the right “perks” that could be basically
> crushed and rebuilt, which would cause a new currency to be developed
> and then revalued. From this, the monies profited from this could fix
> the debt that would soon swallow the country if not corrected.
>
> So, they saw that Iraq had all the “perks” needed to be the “fix”. But
> how to get Iraq in a position to where this could happen.
>
> Well, this group that I mentioned earlier that has more power than any
> one country government, paid Saddam Hussein to invade Kuwait. This
> provided the opportunity to go in Kuwait and drive Iraq out.
>
> Having Iraq invade Kuwait, provided the event to oust Iraq from Kuwait
> which meant Kuwait needed a new currency and then revalue their currency.
>
> This in turn, caused the United States to have a large surplus during
> the Clinton administration as the profits obtained from Kuwait
> revaluing their currency.
>
> How that happened is when Iraq invaded Kuwait, they took their
> currency. So when we came into Kuwait, we had the UN devalue the
> Kuwait currency so Iraq could not buy weapons with it. Once, Iraq was
> removed from Kuwait, we had the UN create a new currency and re-implement the previous value to it.
>
> The United States took Kuwait dinar as payment before the revaluation.
> When it revalued, the US made a huge profit causing a surplus for our
> country during the Clinton administration.
>
> Now that is what happened that led to us invading Iraq later stating
> they had “weapons of Mass Destruction”, which many found out later was
> never there.
>
> It was a term used for US to gain access to invade Iraq, so the same
> scenario could take place once again like it did in Kuwait so the US
> could make a huge profit and cure the deficit we created.
>
> The big difference is it also provided us with a new allie in the Arab
> world that sat right next to Iran. In addition it allowed us the
> position to create a democratic Arab nation that in time would
> replicate itself throughout the Arab nations.
>
> We see this happening now in Yemen, Libya, and other Arab countries.
> But the main reason as all already know is it gives us a stronghold on
> the oil situation in the Arab community.
>
> But back to the story.
>
> Once we invaded Iraq, overthrew Saddam and freed Iraq from its
> dictator, we now had to rebuild Iraq. Like Kuwait, but drastically different. Why?
> Kuwait was already established as a democratic country. All that was
> needed there was to re-establish their dinar value after creating a new currency.
>
> With Iraq, it had to be rebuilt from scratch.
>
> We had to assist them to form a government through electoral process.
> We had to rebuild their electrical and water grids. Had to rebuild
> their roads and highways. Not to mention their oil pipelines and pumping stations.
>
> Unfortunately, there was some drawbacks that was not foreseen such as
> no one in Iraq could trust each other for hundreds of years. So to
> create a government where the people of Iraq could trust took many
> years, and to this day is still not completely functional as you can
> see with the continuous feuding between blocs as Maliki and Allawi.
>
> Both think they should be the Prime Minister and both think their way
> is the only way. It took over 9 months for Iraq to have a
> semi-functioning government that could start passing laws. And to this
> day, by their constitution, every law to be passed must be read three
> times in Parliament, allow any Parliament member to tear it apart
> before it can be passed by all before it is a law.
>
> So the rebuilding took much longer than did Kuwait. Kuwait, 3 years
> verses Iraq 11 years and still going.
>
> So when we invaded Iraq, we did the same thing as have the UN devalue
> the Iraq currency to zero, invaded, ousted the dictator, then printed
> a new currency, and now we are in the process of re-valuing the currency.
>
> This is the part that makes you and me money. When the new currency
> was printed in 2003, the US spent $500 billion dollars to print new
> Iraq dinars, when printed, we took some of the new dinars as repayment
> for the
> $500 billion spent.
>
> This was in the amount of many trillion dinars which is tucked away
> waiting on revalue. When Iraq re-values its currency, many feel it
> should be closely aligned with Kuwait which is at around $3.64 to 1 Kuwait Dinar.
>
> When this happens, US will say ok Iraq, I have all these trillions of
> Iraq Dinars I want to cash out.
>
> There will be more than enough to pay off our national debt if it is
> chosen to be used that way. In addition, the more than 4 million US
> citizens that will cash out their dinar, will create millions of jobs
> that those who are now wealthy will end employment.
>
> Businesses will prosper due to millions buying things. Real Estate
> will prosper, banks will prosper and IRS will prosper. All will
> benefit from this.
>
> But, during the process of this being about us, things changed.
> Different countries who modeled our way of doing things also started
> tanking and before the Iraq Dinar could re-value it was stopped and
> the purpose for Iraq re-valuing had to be changed from a US fix to a
> global fix, which is where we are now.
>
> At this point we have over 140 countries needing the Iraq Dinar to be
> the fix.
>
> The global financial situation continues to grow into a gigantic world
> overhaul, which many presume was the purpose from the beginning.
> Hence, the one world currency which is still yet to be a threat by
> those same group that are more powerful than any one country.
>
> So today, we have Iraq finalizing the Erbil (governmental power
> sharing
> agreement) which will be the immediate fix for the HCL (hydrocarbon
> law, which divides the profits of oil revenue to the different states
> of Iraq) as well as will complete the passing of the law of the 2012
> Parliament Budget. What is important about the 2012 Parliament Budget
> being passed is the re-value is in this budget.
>
> Now that you have been updated as to how the events took place to make
> this happen, lets go into why it will happen.
>
> During Saddam’s reign he created a massive debt to many countries.
> Owing $ billions of dollars to many.
>
> Once we got him out of power and started rebuilding Iraq, we had to
> get these countries to not go after the profits Iraq would make on their oil.
>
> Understanding that Iraq has the 3rd largest oil reserve in the world,
> and soon to be the leader in oil reserves. Saudi Arabia is 1st and
> Canada is 2nd. I know, you are surprised that Canada is 2nd. I was too.
>
> Anyways, to get the countries that Saddam owed to not come after the
> oil profits, we as in the UN (United Nations) and IMF (International
> Monetary
> Fund) froze Iraq Oil Profits and kept the countries that Saddam owed
> from gaining access to it.
>
> Eventually we worked out with them that to trade in exchange for Iraq
> Dinar that was now worthless if they would forgive Iraq of their debt to them.
> Well, eighty percent forgave the debt owed to them completely in trade
> of a present worthless new Iraq Dinar and the other twenty percent
> forgave over eighty percent of the debt owed to them in exchange for
> the new worthless Iraq Dinar. Makes you go hmmmmm.
>
> Now we have many countries around the world holding the new Iraq
> Currency that presently is worthless. Why would they go for this?
> Well, they know that in time, it will be worth what it used to be
> $3.22 per dinar or more somewhere down the road.
>
> So, we have many countries that will not allow this to fail because
> they are holding a lot of Iraq’s new currency.
>
> We have a country (Iraq) that is pulling more gold out of their ground
> per day than they are pumping oil out. Which was just found a couple
> of months ago, right under the streets of Baghdad. Funny thing is,
> they was trying to fix their rain water run off when they discovered this.
>
> Now, they already had well over 500 thousand tons of gold in storage.
> So we know they have massive amounts of oil, natural gas, and gold.
>
> They also have the most fertile ground for agriculture along the
> Euphrates river. At one time, Iraq was the number one producer of
> grain in the Arab nations, and will be again. So Iraq has the ability
> to cover the re-valuation of the Dinar just in assets alone but that
> is not how they will cover the re-evaluation.
>
> Let me explain the process, when the Iraq Dinar re-values and we cash
> out our dinars.
>
> Here is the cash out process. (IMO)
>
> When Iraq re-values their currency they will have to set a rate of
> exchange for it. They will do this through their “Federal Reserve”
> they call the Central Bank of Iraq (CBI), their website is www.cbi.iq
>
> enc=AZMteEF2IDgcLR9z2VoqLa11rH2YDGmsypkGmG86EL0rDTHEdn7tm66-wpY8pOI_v7
> MnEDFexF6w7hm22U3Ol-I3SGjF1xYQvtIXCVRuQ-RXKup56Je2Jjznao8wDe-zhUrDUe40
> 6_e1-xQ2rq7R4qwaIbMMhT_dZaMSYd5oFUH8Tg&s=1>
> .
>
> Once this rate is set, we go to our local bank, probably one of the
> main four of either Chase, Bank of America, Wells Fargo or Citibank
> (the same banks that right now say they will not cash out Iraq Dinars,
> because, they say its not a tradable currency at present).
>
> They, will most likely want to give you a little less than what the
> CBI states the value is and this is called a spread, which is a
> percentage or profit margin the bank will make to do the exchange for
> you (unless you group up with other dinarians and bring the bank an
> amount that will make them go WOW, lol). I’ll explain more later on this.
>
> But lets say for example their spread is 1%. What this does for the
> bank is the amount of cash, that you make from this exchange, that
> goes into their bank, will be used in a term called fractional
> banking. This means that they can now loan money out, ten times, what
> you put in the bank. So it gives the bank money to make money (Fractional Banking).
>
> The bank will take your Iraq Dinars, give you money in your account,
> then send the Iraq Dinars to the United States Treasury (UST). The UST
> will give the bank the money either virtually or wire transfer the
> amount the CBI rate is. The UST now either sends Iraq the dinars or
> tells Iraq, they have this much Iraq Dinar, and in turn Iraq will give
> USA oil credits at $35 a barrel of oil (This has already been agreed upon and is in the records).
>
> Now the USA can either take this $35 a barrel of oil and use it here
> or it can resell it for $100 a barrel or more to other countries. If
> they sell it, they just tell Iraq send 200,000 barrels of our oil to
> Germany for example.
>
> Now, you have been paid, the bank has been paid and UST has been paid.
> Iraq cost to get a barrel of crude oil out of the ground is around
> $13. So, Iraq now has made a profit of each barrel of USA sold oil of $12.
>
> In essence, it does not cost Iraq anything to cover the cost of the
> re-value (RV). Actually they made money by re-valuing their currency!
>
> If this does not drop your lower jaw then I don’t think nothing will.
>
> A well executed plan to not only fix USA’s debt problem, cover many
> other countries debt problem but also, place us in a position in the
> Arab Nation where we can indirectly control the western hemisphere, as
> well as get rid of the remaining countries dictators which will bring
> peace to the world all in one swoop!
>
> ART
>
Source: http://nesaranews.blogspot.com/2014/07/explaining-why-iraq-dinar-rv-was.html
