Source: http://economictimes.indiatimes.com/markets/forex
So what does this all mean? The Global Currency Reset is said to be the first step towards restoring a fair financial system under the new banking rules set out in the Basel III regulations. The Iraqi Dinar and the Vietnamese Dong were/are thought to be lynchpin currencies in this process allowing for the entire basket of worldwide currencies (rumoured to number near 190) to revaluate.
In so doing, there will, purportedly be a restoration of a metals based currency and the deleveraging of banking reserves. Deleveraging means that the banks will be limited in the amount that they can lend against the amounts of reserves they hold. This prevents inflation and the inevitable wealth inequality that results from the system currently in place called Partial Reserve Banking.
More globally, this is the first evidence of the veracity of an organization/law called NESARA which has obtained almost cult like status in the common media, yet seems to be delivering good against its promises. Some of those promises include the end of economic slavery to corporations which has been imposed on us for centuries.
But, please, don’t take my word for it. Do your own research. It’s a fascinating story and well worth your time.
Ok so I clicked on your link. There is a slight problem. The information that you posted is what is shown on the exchange if you convert IQD to USD however; if you convert from USD to IQD the rate is completely different. USD to IQD is 1:1132.
Now look at the pocketguide below the converter. The table shows $50:56604.18. Below that it shows 50 IQD:441.66 USD. So which one is right?
I found this on a bulletin board:
Good article. I absolutely love this site. Stick with
it!
I am interested in Dong news
That was an old post. I think the world is interested to see what happens next. Actually I shouldn’t say the world. It seems very few know what’s actually going on in the banking system, especially with regards to any potential re-evaluation.