Economic doom canceled- from a good source my uncles, sister's son says-No QE 3

The IQD may be the only option at this point. What else is there that could bring in that amount of needed revenue?

hint number two: the last one


freedom from intel(scroll down)
Future of Iraq Project (Unclassified) document from the US Department of State.

[link to www.thecallsquad.com]

The plan is nearing its completion. enjoy

rken

You are on it my friend. rken

direct link to download the document

190 pages that will amaze you. Remember this plan was put in place prior to the invasion. rken

[link to www.yousendit.com (secure)]

The Central Bank of the follow-up budget allocations of government in orderto adjust the exchange rate and reduce the processing imbalance

[link to ikhnews.com]

That’s what led us to the restructuring or the Iraqi CurrencyRD/RV
, because they don’t have the small currency value that they really need. Selah said the value of dinar will be compared to the dollar. At this point, the damaged notes and the lack of small change, they’re being rejected by merchants and causes a great deal of embarrassment

[link to ikhnews.com]

There have been over fifty articles in the last 2 months regarding the Iraqi monetary policies and its plan to Revalue their money. The US hold 2.7 trillion iraqi dinars. The head of the Iraqi bank speaks of the new rate of exchange being similar to the old rate (pre invasion) of 3.34. you do the math.

Not only will the treasury see an influx of money but they also have a deal to buy oil at around $30 a barrel using the Iraqi currency they now hold. Oil at $80 a barrel would give them a $50 per barrel profit. Nice tidy little sum of money wouldn't you say. rken

Subject: Billions Over Baghdad - New York Times [link to www.nytimes.c...n] Hello again folks, If U don't presently have a copy of the above article from the NY TIMES, written by Stanford graduate and former Under Sec. of the Treas., John B. Taylor, in Feb. 2007, please print one now and read it over and over, every time U may wonder if this RV is for real or not. Share it w/ others who may think you and we are all nuts, like CA Sen. Henry Waxman said on the Senate floor. As far as I'm concerned, it's the most concise explanation of how this plan was conceived by Cheney & Greenspan and then put into action before the first shot was ever fired in the Iraqi War. It also gives credibility to GWB when he expressed many times as to how this war would pay for itself, namely OIL. Iraqi oil at less than $33/bbl coming to the USA. This new Iraqi currency that was shipped & also flown by - get this: 27 747's into Iraq right during the war

Read more: [link to dinarvets.com]

JAJAJAJAJAtoo late, the situation is out of control.We can defend which not little.

You could be right but I suspect they have other motives for dragging out the RV. Brinksmanship. Who's going to be the last man standing. Some interesting monetary wars underway. rken

Well there you go the proof is in the pudding, as they say. Economic doom canceled. rken

Thanks for reassuring words,
beautiful mountain chrystal.
It brings you good vibes.
the proof is in the pudding

Thanks, a little positive info never hurts. rken

Titanic Battle or Insider Trading? The S&P Downgrade and the Bilderbergers: All Part of the Plan?


www.globalresearch.ca/index.php?context=home

Hmmm... you may just be right on this one.

Doom killer! :P LOL

4.5*, rounded to 5

Maybe not. I doubt this will trickle into the SS coffers or to the little people in any way. I see the billionares becomeing trillionares.

Well you could be right but, the old farts don't have much to lose at that point and we might see a bunch of old grey haired fuckers taking back the country by storm. lol rken

Cantankerous they are.

The answer to economic problems, is not to bring in new revenue. This will only lead to hyper inflation, as you cannot pay a debt with a debt. The key, is to reduce the existing debt...

Hoax! Clearly your uncle's SISTER would be your AUNT. So, totally made up.

My uncle's sister could be an aunt or my mother. So as you can see its not made up. ROFL rken

[link to www.dinarrecaps.com]


PTR call 1:00pm 8-23-11 Dan is on and Gary in introduced - Special Guest BOB worked for navy for year s- last year assigned to a staff in DC and now he became involved in quantum physics and he is knowledgeable in the financial aspects of what is going on.. we need to get a handle on this and we asked him to come on and explain about the $$ being pressed down on purpose and gold being pushed up -

[1:04:22 PM] Bob speaks quantities easing = straight process - Bernanke did NOT invent this process nor did O stimulate the process by printing money - it’s not just the Fed Reserve program - the principle evolved in the 1994 time frame and was utilized first time in early 2000 in Japan. Unconventional central bank tactic for stimulating the national economy when conventional processes do not work such as with the interest rates that are prime set by Fed Res to control inflation. Think of $$ as a supply and demand commodity - if its high merchants tend to inflate pricing since its available it makes for an inflationary trend- make lots of money available by making it cheap to borrow by a low interest rate. OTHER side of coin when inflation takes over and prices goes up the Fed REs can go up with a restrict supply of money and raise interest rates.

[1:08:47 PM] Now the Fed REs has lost the flexibility in this program cause the Interest rate is so low that it can't be lowered any further to stimulate the economy... the prime discount rate of 3/4% can’t be lowered any further- quantities easing is now in effect - it’s a risk in process by which careful attention needs to be given - it’s the biggest risk of where we are right now as the USA debt as high as it is it exceeds our GDP and effects overall economy...The Fed REs will issue money so that they can buy US sovereign securities - treasury bills and notes - the FED in 2011 bought 3 billion treasury notes every month in order to lubricate the economy - it tries to solve the problem like Italy and Greece has now - no one wants to buy their bonds as they are low reliability of being repaid... our credit worthiness should increase so folks will want to buy our USA bonds... quantitative easing comes into play when we can sell bonds or raise money to help the GOV. They printed new money into the system by buying our own securities - in Dec 2010 and you will see it was about 1.3 trillion dollars and 1.6 trillion dollars it went to that in 3 months’ time as GOV printed money to buy our own securities....
Read More button on right
[1:13:28 PM] Dan said folks want to hear the when is this going to happen but those listening we are doing this call about quantities easing and our buying of bonds and printing money - it may not make sense as the news we hear makes no sense so I want to remind everyone to listen to the economic facts that it helps us makes sense of the whole package of how things work... Bob states that our GOV needs to buy our bonds as we are paying 2% interest on these bonds - who wants to buy a bond that low of interest rate when our inflation rate is 3%? It doesn't make it attractive to us as individuals - it’s a political arm twisting to get other GOVs to buy our bonds... Lots hear that China owns all our debt - Bob states that the numbers are different than what that message conveys - $14.3trillion dollars of standing deb t - China owes us 1.1 T of that and Japan bout 1.1T of that and the rest is owned by the Fed Reserve or states of the USA or local Gov. The Fed Res owes 6 Trillion of this debt and private owners and states own 3.8 T of this debt - who owns the debt? It’s not China but its 6 Trillion 2.8 and 1.1 for China only.

[1:15:04 PM] Tony just cut in and this can of worms is open now - BOB SAYS that the Fed Reserve owns 6.0 Trillion they are NOT THE GOVERNMENT they are a private institution - Fed REs is a private corporation... Tony says if you would just Google who owns the Federal Reserve it will show you the Tree of the branches of the Gov. Bob says its typically owned by 18 families that have been former cornerstones of banking industries since the 1930's...

[1:18:57 PM] To finish out the quantities easing we are not the first - Japan tried it to a tune of 50 trillion YEN and it didn’t' work - and their population is about a 1/3of ours - an in 2010 Bank of England tried Q E to the tune of 250 billion GBP and their population is smaller than the USA. What our GOV is doing through the FED REs and our population per capita it’s not significant matter - Bob states that although that any motion on Fiat currency that artificially inflate the value is a bad thing the two recent japan and UK was not successful why didn't we learn from that? Our stock market since August of 2010 look liked a positive Ram - it’s the indicator shows the economy may be recovering and percentage wise of the devalue of the USD you will see there is NO recovery actually and 26% it’s been devalued and when the Q E came on in June the market has had turbulent times - the only answer the GOV is pondering is another program or another round of Q E and hopefully we can see this in a better understanding....

[1:21:07 PM] Tony asks - Q E 2 made the $$ devalue by 26% - yes BOB days - Q E 3 could help with the devaluation continue of the dollar and it would make the dinar increase but what happens to our economy? BOB said export goods become less expensive and if the rest of the world would buy more as it would increase sales... This is exactly why china was upset at this rate we have now- 26% less value for goods that are sold here than before Q E 2 - Tony states this is the war of the worlds of the currency we have heard for last year and BOB confirms yes...

[1:21:48 PM] Dan speaks about Jekyll Island go read that...

[1:31:06 PM] The USA has paid a great game of chess with the monies and with Q E brings us back to what is going on with the Dinar - this may save the day as why some have bought this - Dan says others have done this countries etc. was this done on purpose -?? Dan asks is the solution of revaluation of other currencies the case? Bob says the value of Gold is a combo of the devaluation of the dollar and the commodity and the fear of Fiat currencies - and if you look at the US budget today about 30% of the revenue received by the Fed GO goes to servicing out debt an projected by alarmist if spending increases and income remains flat some say 10 years that 100% of revenue will be required to service our debt which WOULD be bad - but if the IQD would revalue an the US has several trillion IQD was supplied against the debt it would be nice to bring it as close to zero as the budget to service this debt would go down dramatically. Tony says when this DOES RV - can't it all or only 30% can't be applied to the debt but BOB says it’s easy to apply to the debt. as 9.8 trillion of the USA debt could be paid off with the IQD as that is what the Fed REs owes..

[1:31:09 PM] Gary says it’s all a part of a plan for all this to happen Q E it has worked in the past and we are coming to a critical juncture and Dr. Todd pointed that out and it’s a need for this RV to occur and we told people is not just a fantasy and a number of countries have gotten together and worked with Iraq and that’s why the Paris club forgave the debt and get old of the IQD and that’s why we have a number of people discussing this will come to fruition here and its really imperative that the IQD come to fruition - Dr Todd feels that we do know that there is another meeting coming up here in Jackson Hole this Friday and Shabibi will be here working with the FED talking about what they will do next... Issues will have to be dealt with and what is the solution and we WERE TOLD THERE IS A SOLUTION ON THE HORIZON - I believe it’s what we are waiting for it to occur..

[1:40:09 PM] Tony thanks Bob for coming and for the Q E discussion... Gary Dan and Tony are left now.... Dan states the this has to do with perception and its incorrect - some do not know that the Fed Res is not a part of the GOV and that they created this debt to help themselves... Toward the end of this RV ride the Intel would get crazy - the info we are getting today - what are you hearing today Tony - how do you decipher what is going on...and who can we trust today... Gary states he just received a communication this morning that said it was good news so he said this news was the RV is not going to happen no way no how till the Erbil is active and the global agreement will not be soon and I said DO NOT REACT TO THIS as conflicting information is abounding and going 180 degrees of where we really are - as Dr.. Todd points to this IS HAPPENING and we will hear not today, not next year even so it’s all coming to a head right now... TONY said he has heard Crazy things and I won't mention and nonsense is going round right now and you suck talk that can NOT ever pay out some say China is doing stuff on back end and Xmas --- other agencies say that a BUNCH of miss info is being sent out and there is a reason for this and now it’s getting hot and steady an something new each day and we are at the END OF THIS... GARY AGREES... Dan says we are at this point now due to what we are hearing and we want all to know this can take a while and it has - Dan states that it will be misleading so DO NOT GET DISCOURAGED if you hear it won't happen...its misleading the Paris club that forgave this debt remember that as your foundation - remember the FED that control all this stuff most wealthy entities and neither create debt or profit for THEIR loss - both of these would lose big if the RV did not take place - right? debt forgiven and investing in Iraq to be worthless? No they KNEW the fact we are i the right place now... Gary states the he agrees we are so close if they forgave the debt they cant come back and slap it in place and that is a controlling factor and lots have been on hold with banking transactions and these major banks can't keep losing currency and revenue with the way things are right now and it has to be readjusted and all currencies are at a point they all have to be readjusted and RV now... The main basket is the one with the IQD and it HAS TO COME FIRST for the other currencies to re-adjust....
more at link

Last Edited by rken on 08/23/2011 11:33 PM

Do yourself a real favor towards your education on the subject and pick up a copy of Shock Doctrine(Klein).

Amazing read on the subject of the business of modern warfare and the hawk mind state with regard to these type of issues.

Here is a teaser....if you wan to know how much America was interested in helping bring "freedom" to Iraq.

[link to harpers.org]

Amazing piece, written at least....five years ago? Maybe 7 or 8 now, but entirely relevant to this discussion.

They want turmoil in these countries, they stir up the religious zealots because it is the easiest audience to enrage to the point of violence which in turn leads to revolution(to place leadership covertly) or invasions/occupations.

Thanks for the suggestion. I will try and locate a copy. But based on your response, do you not believe the information I have posted above and if so why. rken

They say they're gonna drop 3 zeros off their currency.

That does not mean everyone gets 1000 times richer. It means they issue new banknotes with smaller denominations; you bring in your old 1000 dinar note and get a new 1 dinar note. It has no real effects.

Isn't this all bullshit?