Wednesday, July 18, 2012

7-12-2012

B says if the numbers don't work Iraq's not gonna RV.  This seems like a complete contradiction from what he's said in the past about the dinar being undervalued, the US set up this whole RV scenario and is in charge of it, they're on a dirty dirty float .... etc.

B says Condi Rice said the war in Iraq would be vindicated, suggesting that she knew about the plan to RV.  If you'll watch this video you'll hear some of her comments about the Bush administration's geopolitical strategy for the Gulf region, and there's nothing in it about the Iraqi dinar or the war paying for itself. 




Condoleezza Rice: Perspectives on Peace and War from Sixth and I Historic Synagogue and Sixth and I Historic Synagogue on FORA.tv

http://fora.tv/2009/05/03/Condoleezza_Rice_Perspectives_on_Peace_and_War

B then goes on to say that Allawi screwed everything up (for the RV) by not prosecuting a successful counterinsurgency effort, although he can't seem to remember the word "insurgency".   

B says they're trying to get people to give up their dinar for the new dinar, and they have to give them some incentive.  Well here's the incentive, B.  Its called demonetization.  If you don't turn them in by a certain date you'll lose out because they'll be worthless.  They don't have to RV to motivate people to turn in their dinar.  They simply do what every other country that redenominated did - demonetize the old currency.

B says they're trying to get rid of the larger notes first.  I challenge anybody to produce a quote from anybody at the CBI where they have stated this.  I'm sure B thinks that's what they mean by deleting the three zeros but as I've pointed out many times that's talking about the exchange rate when they lop.  You can't delete paper currency.  You can only delete letters and numbers.  If they redenominate they will get rid of all denominations at the same time.

B repeats his lower denom insurance theory for all of the gullible ignorami who cling to his every word.

B talks about people who understand more about economics than he does. I assume he's talking about the general population.


http://www.youtube.com/watch?v=7wDKKCepJwo&feature=plcp





No comments:

Post a Comment