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Thread: Stop Dreaming.
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29-09-2006, 08:34 AM #31
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29-09-2006, 08:36 AM #32
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29-09-2006, 08:41 AM #33
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Like in some parallel, make-believe universe...?
The CBI has what are called daily currency auctions, and all the buyers and sellers showing up at these auctions have been paying $1 : 1470 IQD.
Unless you are saying this conspiracy is so huge, that all the banks are also faking the daily auction at the central bank...?
All the banks are faking their daily dinar purchases at 1470? Whoa... dude! Thats trippy...
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29-09-2006, 08:42 AM #34
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29-09-2006, 08:45 AM #35
Rentonrolr,
for the benefit of everyone, if you are wanting to look at figures to back up arguments, there are also many figures available that justify the amount in circulation. Maybe you can explain o me how having more $$ in reserve than in actual circulation is a bad thing then that would be usefull. Maybe we can argue that if the dinar value increases then the actual value of the foreign reserves also decrease. There are many factors in play here and you are harping on one of them. Please explain to me if you can how the bigger picture actually fits together.
What about the prospect that they could be using the UK Billion instead of the US Billion. an extra 3 zeros, OMG what if the states are using the UK billion. I really find it hard to belive that with the amount of Billionares in the states that there is actually only 6trillion in circulation over there. that woudl mean that if there were 1000 billionaires, then there is only 5 trillion to go around the rest of the whole US population. And that is if they only had one billion each.
Other stats shoe thatthe CBI has in excess of 20 trillion in foreign assets. Why do you not sem to care about this. I am hapy for you to come up with something that may mean that it cannot happen, but you can't expect to be taken seriously by just talking about the money in circulation.
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29-09-2006, 08:46 AM #36
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29-09-2006, 08:56 AM #37
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Give me something specific and I can answer your questions... First of all the US Federal Reserve says there is only 1.4 trillion in US cash floating around. Granted there are tens of trillions of other assets in the US like land and stocks, but only $1.4 trillion USD in actual M1 cash. And that is what we are comparing with the dinar, their total cash in circulation. 10 trillion dinar in M1 preclude it from having a value of $1.68 USD period. The circulation number is enought to disprove a rumor this wild.
Also, the CBI assets of 20 trillion are obviously 20 trillion DINAR at the exchange rate of 1470 to $1. Or about 13 Billion USD. That jives with whats on deposit in their bank account in NY.
You seem to be implying that the US Federal Reserve is not telling the truth on its numbers. But yet, you don't offer any other source for more reliable numbers, so its hard for anyone to belive a message board posting over the Fed.
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29-09-2006, 09:06 AM #38
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29-09-2006, 09:09 AM #39
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29-09-2006, 09:27 AM #40
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