Scooter 10-11-10 early am
6:40 AM [Scooter] Remember the next couple of days you will see the most confusing
6:40 AM [Scooter] Articles in the world --- all meant to create chaos and confusion
6:40 AM [Scooter] But here's what's going to happen and why
6:41 AM [Scooter] NOW
6:41 AM [Scooter] First -- the cbi has approximately 25 trillion in circulation
6:42 AM [Scooter] About 13 to 14 trillion are in reserves
6:42 AM [Scooter] Those reserves over the past 120 days have been exchanged
6:42 AM [Scooter] They have been replacing the larger notes with the smaller notes at the rv rate
6:43 AM [Scooter] And those reserves will never be touched
6:43 AM [Scooter] EVER
6:43 AM [Scooter] For the life of the currency
6:43 AM [Scooter] The remaining larger notes -- 25k, 10k, 5k
6:43 AM [Scooter] In circulation reside in iraq
6:43 AM [Scooter] In country
6:44 AM [Scooter] Once the rv occurs
6:44 AM [Scooter] The people will goto the bank and cash those larger notes
6:44 AM [Scooter] And open a checking and savings account
6:44 AM [Scooter] For the first time for many
6:44 AM [Scooter] REALLY
6:45 AM [Scooter] Remember -- many of these people have been stockpiling their savings in their mattresses
6:45 AM [Scooter] Nevertheless ---- the zeros will slowly be replaced and the central bank and government will deploy their new cpi
6:45 AM [Scooter] Consumer price index
6:46 AM [Scooter] Based on the smaller denoms that will be distributed via those brand new cash machines at those banks
6:46 AM [Scooter] This process will take a year
6:47 AM [Scooter] And the amount will move from the 25 trillion just mentioned to the 15 billion which is the target
6:47 AM [Scooter] All the notes that we have will be honored as long as iraq has a currency
6:47 AM [Scooter] It will be similar to the usd $1,000 bill
6:47 AM [Scooter] They don't distribute the $1,000 USD BILL
6:48 AM [Scooter] But the banks will certainly honor them if you want to cash it
6:48 AM [Scooter] So the deleting of the zeros is simply a process whereby the rv is the cadalyst to start the removal of the larger notes
6:49 AM [Scooter] Ok -- i'm done --- scooter diatribe complete
6:40 AM [Scooter] Remember the next couple of days you will see the most confusing
6:40 AM [Scooter] Articles in the world --- all meant to create chaos and confusion
6:40 AM [Scooter] But here's what's going to happen and why
6:41 AM [Scooter] NOW
6:41 AM [Scooter] First -- the cbi has approximately 25 trillion in circulation
6:42 AM [Scooter] About 13 to 14 trillion are in reserves
6:42 AM [Scooter] Those reserves over the past 120 days have been exchanged
6:42 AM [Scooter] They have been replacing the larger notes with the smaller notes at the rv rate
6:43 AM [Scooter] And those reserves will never be touched
6:43 AM [Scooter] EVER
6:43 AM [Scooter] For the life of the currency
6:43 AM [Scooter] The remaining larger notes -- 25k, 10k, 5k
6:43 AM [Scooter] In circulation reside in iraq
6:43 AM [Scooter] In country
6:44 AM [Scooter] Once the rv occurs
6:44 AM [Scooter] The people will goto the bank and cash those larger notes
6:44 AM [Scooter] And open a checking and savings account
6:44 AM [Scooter] For the first time for many
6:44 AM [Scooter] REALLY
6:45 AM [Scooter] Remember -- many of these people have been stockpiling their savings in their mattresses
6:45 AM [Scooter] Nevertheless ---- the zeros will slowly be replaced and the central bank and government will deploy their new cpi
6:45 AM [Scooter] Consumer price index
6:46 AM [Scooter] Based on the smaller denoms that will be distributed via those brand new cash machines at those banks
6:46 AM [Scooter] This process will take a year
6:47 AM [Scooter] And the amount will move from the 25 trillion just mentioned to the 15 billion which is the target
6:47 AM [Scooter] All the notes that we have will be honored as long as iraq has a currency
6:47 AM [Scooter] It will be similar to the usd $1,000 bill
6:47 AM [Scooter] They don't distribute the $1,000 USD BILL
6:48 AM [Scooter] But the banks will certainly honor them if you want to cash it
6:48 AM [Scooter] So the deleting of the zeros is simply a process whereby the rv is the cadalyst to start the removal of the larger notes
6:49 AM [Scooter] Ok -- i'm done --- scooter diatribe complete