Douchie for July 1-7

Before I get to the Douchie I have to cover this.  On Thursday Bondlady was talking about a news article concerning China's business relationship with Iraq when she said:

9:08 AM [BondLady] Iraq needs to be economic relations with countries in the world developed a strong republic of China in order to serve the national economy and raising its standards.  
and that the dinar needs political stability and then the economic goal of diversifying revenues and increase the total production of the country and maintain the rate of exchange against foreign currency as dollar, in order to become an international currency popular in all countries of the world (okay this part isn't too clear but BL is just quoting from the article that was translated from Arabic, so no biggie)

9:08 AM [BondLady] see back in 2010 when shabibi was talkin about the ld's an how it would take about 2 yrs to get the people used to it (bad spelling and grammar but again, no biggie)

9:09 AM [BondLady] an that he would put the iqd into a basket of curriences and he mentioned the yen pound an usd  (don't recall that but whatever ....)

9:09 AM [BondLady] isnt china the yen (OH NOOO!!!  She didn't!!!)

9:10 AM [player46] BondLady .. No yuan..
9:10 AM [BondLady] ok
9:10 AM [therealbubbie] BondLady yen is japan  (Ya think???)

9:10 AM [BondLady] shabs also said he wanted the dinar to become a reserve currency

http://www.dinarrecaps.com/1/post/2012/07/bondlady-morning-chat-post-by-oogie-bondlandys-corner.html

And people complain because I interviewed John Jagerson.


And now for this week's Douchie.  On July 4 Studley declared independence from reality and stated the following:

"DO NOT UNDER ANY CIRCUMSTANCES WANT TO SEE US LOOSE OUR MONEY, AND THE SYSTEM HAS TO BE COMPLETELY SAFE. SECOND, THEY ARE STILL TAKING CERTAIN KEY INDIVIDUALS OUT OF THE WAY. ANOTHER IMPORTANT POINT: IRAQ HAS METICULOUSLY TAKEN THE LARGE DENOMS OFF THE STREET, THE HIGHEST BILL ON THE STREET IS 500 DINARS, WHICH AT THIS RATE IS 42 CENTS, IRAQ NEEDS A MONEY SUPPLY AND FAST. ALSO, THE WORLD NEEDS CAPITAL INFUSION IMMEDIATELY, THIS IS A TIMING ISSUE, AND DON'T FORGET, THERE ARE MANY PEOPLE THAT HAVE TO BE TAKEN DOWN AROUND THE WORLD. IT IS VERY IMPORTANT TO UNDERSTAND THAT THIS IS A COMPLEX PROCESS AND TAKES TIME."

I've been telling people for months now that they're not pulling in the larger notes and reducing the money supply like these douchebags are telling us.  The CBI website shows you the updated amount of cash outside of banks every month and it's growing.  30 trillion dinar now, in fact.  When I read this I contacted a man who lives in Iraq and was told:

"Sorry, but that seems like bullshit. 25000 notes are still there and in very large numbers."

Then on Wednesday night's Revalue.US conference call Proteus asked Frank Bell from Dinar Banker about what Studley claimed.  Frank's response was that it's quite the opposite.  It's easier in Iraq to get the larger notes than the smaller ones.

Just as I suspected.  Looks like Studley fired a blank.  DOOSH!!!