Thaler08: Reality check please! the one thing – just one thing – I don’t get about all this IQD thing is that even if the RI occurs at 1:1 the majority of the Iraqi population will will become super rich if not $/£/€ equivalent millionaires overnight….. ie an ‘ordinary’ Iraqi could travel to the US/UK as a very wealthy individual relative to our own populations ……..My simple mind just can’t process this – will it just simply be ‘explained’ away by the uniqueness of the event and as such be headline news across the world ….
Boxman: IMHO..the majority of the population in Iraq have little or no money….i think i read there was about 40 % unemployed with a large majority having little money.
I think as an example of the United States one of the wealthiest countries in the world…if suddenly a single dollar had purchasing power equivalent of a Thousand dollars…how would it affect the average person..a large majority in the US, that work, live paycheck to paycheck, with little in cash or savings,sometimes with large credit card liabilities, so the initial RI, would have little effect..but at the same time, all salaries, liabilities ETC…would be adjusted to reflect the change..in other words, if you were being paid a $ 1,000 a month under the old rate, the adjusted salary after the RI would be $ 1 per month…and any debt would be also adjusted downward, for the change in purchasing power..
In Iraq, only the persons that had a large amount of savings in dinars would benefit…the people that had no funds would not notice any difference except that the paper money or electronic funds would be missing the zeros..or in other words items that used to cost a 1,000 would now be 1.. Additionally, remember Iraqis, have also used dollars as a payment method, so the RI, would have no effect on the dollar holders.. IMHO
Samson: Rafidain Bank announces the inclusion of all Iraqis with the “card” electronic payment
13th June, 2018
Rafidain Bank announced on Wednesday that the issuance of the MasterCard card includes employees, citizens and other segments of society
The Bank’s Information Office said in a statement received by Al-Iktissad News that “the bank’s branches continue to issue electronic payment tools (MasterCard), which are used inside and outside Iraq and are accepted at all ATMs connected to the MasterCard network,as well as points of sale
The statement added that advances and loans granted to employees are through these cards as well as settling their salaries electronically LINK
Samson: Rafidain explains the international MasterCard card version
Rafidain Bank announced that the issuance of the card [Master Card] international includes employees, citizens and other segments of society.
“The Bank’s branches continue to issue electronic payment tools (MasterCard), which are used inside and outside Iraq and are acceptable in all ATMs connected to the network [Master Card International] in addition to, To points of sale. ”
The statement added that “advances and loans granted to employees through these cards as well as settling their salaries electronically.” LINK
IObey777: BOOM!!!! And there you have it!!! In Print with pictures and explanations!!! They TOLD us it was coming!!! Just WAIT….there’s more and IMO..it’s coming FAST!!! Thank you, Frank and Walkingstick!!
Dave Janda – Donald Trump Will Preside Over Reset and Bankruptcy
GregHunter: Published on Jun 12, 2018
Radio host Dr. Dave Janda says the debt based financial system is headed for a reset. Janda says the reset will not only reset the debt but clear out corruption and “restore the rule of law.”
Janda also says, “I have political sources that have said a reset will occur. I do not have a time frame for the reset . . . . I believe Donald Trump will preside over the largest bankruptcy in history, and that is why he’s there.
I also believe that this reset will involve an escalation in the price of gold and silver, and the manipulation will be terminated.”
Join Greg Hunter as he goes One-on-One with Dr. Dave Janda, host of the “Operation Freedom” radio show, for an in-depth interview.
About minute 55 they start talking about the reset.
About 1 hour 3 min- they talk about the reset will happen on a weekend and most probably a 3-day weekend and its going to happen very soon