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Olelady chat August 13, 2009

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1Olelady chat August 13, 2009 Empty Olelady chat August 13, 2009 Thu Aug 13, 2009 8:39 pm

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Join Date: May 2009
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Olelady chat August 13, 2009

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okay here we go
Aug 13 9:29 PM [olelady] we have a transition to watch for
Aug 13 9:29 PM [olelady] first and foremost the thing with the worrying about LOP on the denoms
Aug 13 9:29 PM [olelady] this should not be like so many are afriad of
Aug 13 9:29 PM [paRVenu] olelady, sorry got off from front of my computer and forgot to say.....I love you OLE!
Aug 13 9:29 PM [paRVenu] ..LOL
Aug 13 9:30 PM [th3r0ck] .....
Aug 13 9:30 PM [olelady] and Maliki came out last year when the idea was brought up and said they and he would take up to 2 YRS to get it done
Aug 13 9:30 PM [olelady] meaning that they will simply do a transaction pull
Aug 13 9:31 PM [olelady] deposit 5k note... withdraw 10 500 notes thing
Aug 13 9:31 PM [olelady] this would not mess with the people or economy
[olelady] okay
[olelady] now look the thing of it is here is where all are confussed and worried
[olelady] the way this would work is like in the US
[olelady] If they do it riht
[olelady] okay
[olelady] now look the thing of it is here is where all are confussed and worried
[olelady] the way this would work is like in the US
[olelady] If they do it riht
[olelady] WHen they did it in the US, the people in the US never realized that it had happened
[olelady] because not much here changer riht away
[olelady] but on the international side ...... the rate of exchange had changed and we became a super power economy
[olelady] this was a starting point
[olelady] and part of the transition phase
[olelady] it was not until after the international rate stablized that we here in the US saw much of a differenc
[olelady] and most had and will remain unnoticed
[swdw] .
[olelady] except that our products stayed at a cretain level on the consumer price not going on a permant
[olelady] out of control roll up that had been happening at the time
[olelady] the lare denom US were taken out of circculation as standard banking practice
[olelady] then they were place in usefor the international and large Corp transaction only
[olelady] that is why you do ot see the 1000U
[olelady] that is why you do ot see the 1000USD anymore
[hbmechanical] does anyone know if were positive for tomorrow??
[olelady] the people of the country will not notice the difference except in thier currency right away
[olelady] we will
[hbmechanical] the rumors stayed????
[olelady] this means we will have an exchange rate they do not see on thier products
[Ruffian] ssshhhh, hbmechanical!
[olelady] unless they are mass suppliers or in cretian industries
[hbmechanical] sorry, didnt notice
[olelady] explaing why not only is the USD being pulled from thier econ but also why they would ompose fines for those using it
[olelady] that way they country as a whole recieves the benefits
[olelady] as the rate and imports and supplies start to ain in build up
[olelady] then the prices for thier products start to level off and reduce
[olelady] it would take THEM about 6 months tostart to see the effect
[olelady] but it will be a permanant and sustainable effect
[olelady] meanin they will be able to buy and work and earn a decent living
[olelady] but we should see the rate cahne first....
[olelady] okay
[perfcnsltn] thx ole, makes sense!
[olelady] np
[Krazy-8] Brilliant summary...
[W8n4dinars] Well put ole, very well put
[GLC] ole how did you learn all this?
[olelady] that was when the tax cuts started to come in and things like that here
[BoasDinar] WE thank you so much olelady
[mjw] thank you olelady!
[crazyoperator27] thanks ole
[kerby] olelady, can I go to the potty now?
[kerby]
[brown sugar] thank you olelady
[olelady] they just an article out where some of thier people are oing to get exemptions from taxes
[lazeroo]
[mythbuster] Awesome Summary olelady
[olelady] so it shows we are well on the way already
[bossman] ty ole
[samsamsam999] good work ole
[samsamsam999] good work ole
[olelady] it could be a mere matter of days to about a little over a week to start to see stuff happen for us
[Aweoweo] ole...do you have any guesses as to how long this process will take before we see movement?
[Innkeeper1] olelady in your opinion how far away are we from the ri???
[Aweoweo] thanks
[olelady] look above you AWE
[W8n4dinars] Kiss for olady......luv ya
[olelady] days
[bigboy300] shut up everybody
[Innkeeper1] thanks for everything..and i mean everything
[lazeroo] well the one thing that keeps me thinking is the smart cards
[olelady] bigboy they are fine hon
[olelady] np Inn
[ArkCowboy] u that woman!
[lazeroo] they come out saturday, and are loaded with small amouts of money
[olelady] they are fine tuned to the RI already
[Krazy-8] So you feel that the impact of the change will be felt here first before it is visbile to the Iraqi citizens?
[olelady] laz you caught that great because you knew as well as I did it was a sign
[Ruffian] So there won't be an announcement of any sort, just boom...done?
[lazeroo] it's a bigge
[TrainMan] If they come out saturday with small amounts ....... olelady you thinkin' what I'm thinkin'
[lazeroo] 250,500.1000, dinars buys them nothiong
[olelady] loaded with the samml amounts on holds if not activated yet laz
[olelady] that is also why I say days
[lazeroo] yea,but these are for the retired and ,lets say people on welfare
[lazeroo] what can they buy with these
[goldrush] do the smart cards come out on Sat in Iraq or Sat US?
[olelady] today is thursday..... now NORMALLY..... our best news comes out on Friday
[DaHo] do you think the exchange rate will come out low and build up later
[olelady] so keep your eyes open
[lazeroo] sat iraq
[darwinatridge] Can someone please recap. Computer screen does not scroll back that far.
[TrainMan] but if a coke is 1000 dinar or 1 USD they can't be that retired
[olelady] o they cannot afford low out rate
[DaHo] ty
[olelady] they need the build ability of the exchange rate international to pay thier bills
[goldrush] ty lazeroo
[olelady] so the country can sustain the rate internally over the long run and still build thier country
[TrainMan] OL I don't know how you could spell it out any clearer.... nice
[DaHo] makes sense you da bomb girl!!!
[olelady] I felt like an idiot when I figured it out tho train
[olelady] it was soo blatant
[TrainMan] I think medic used this phrase......you're standing on it!!
[olelady] I am allergic to tomato juice or the V8 would have helped I'll bet
[goldrush] wow, what does that make us, OL????
[linden56] ole don"they stil have ships waiting to be unloaded - with goods and u.s. weapons they need to pay for w/dinar
[olelady] I was saying blink and the wind would have blown it over
[TrainMan] Wisdom comes to people at different times
[olelady] oh I am sure they will
[goodguy] hey olelady might be a stupid question but say it does RI, could for some reason after awhile they RV it ?
[DTD] lady have been listen for awhile but missed you a first and tell me what you figure out? short form.. Please!!
[DTD] can
[olelady] but you need to remember that the exchange and or deals were done prior to the goods bing shipped
[olelady] or thier is an exchange rates clause in the contract
[olelady] so no big deal
[bourbonstreet] yes please, recap

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