STATUS OF THE RV , PART. 1
I need to start my commentary today by clarifying yet more bullshit in the RV community. I will not address the TNT nonsense, as we all should know by now this guy Tony Renfro and his brother Ray are con artists and to stay away from them.
Instead, I will just give you a summary to debunk all the stupid recent rumors. NO! The RV has not yet happened. NO! There is no rate on FOREX that is trading. NO!
There are no three letter agencies telling anyone that the RV is going to happen in any kind of window of time. No!
There are no “secret” sources telling anyone secret news of a pending RV. So, there you have it. Let’s knock off all this nonsense and lies.
So, what really is in the news?
😊There is also an article about new versions of the three zero notes that have everyone worried. Please go read the article titled “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED.. PHOTOS” for more information on what I am going to talk to you about now.
These new versions of the three zero notes should not worry you, if you are an informed follower of my blog and this RV saga.
Why do I say this?
I say this because I know that many of you will be in panic mode when you read this article. Instead, you should be relaxed and not worry about it.
So, for all you newbies out there I will emphasize once again the CBI has told us many times in the past that these three zero notes are not going away for sometime even after the Project to Delete the Three Zeros is completed. ;
Really? Yes, really!
Remember that Iraq will eventually be using dinar widely to pay for imports.
Where are they going to get all this cash to pay for very large sums/costs of imported goods?
How are they going to do this if there were only the newer lower denominations?
They would need wheelbarrows of them even if the rate changes to what we believe it will change to.
As time passes much of these transactions will be electronic, but not yet.
The banks would still need the larger three zero notes. Get it?
Next, the CBI has specifically told us many times these larger notes will still exists and will be used behind the scenes for “inter-banking” transactions. Of course they will be taken out of the mainstream circulation but will still remain as legal tender.
My CBI contact also told me the CBI was forced politically to print these notes because of the demand to satisfy the visually impaired. Again, they serve the few and will spend millions in doing so but complain about spending money to print the newer lower denominations.
Now think about what I just told you….think, think, think!!!!! 😊
I need everyone to start thinking on their own when they read such articles. Don’t go off half-cocked. I would only hope that over the years the education of my blog has helped my readers in this manner to think for themselves.
So, now this issue of this article, that everyone is so recently worried about, is actually the premise to which we as investors will be allowed to exchange our three zero notes at the bank.
Get it? Do you see it? You should feel confident after hearing this today from me and that in fact the CBI must also collect these larger dinars from us long-term investors.
The fact that these notes will still remain legal tender even after the Project to Delete the zeros should make you feel good. No, they CBI is not going to screw us investors.
