IQD CALLS Chat Early Thursday 5-21-20
IQD CALLS Chat Early Thursday 5-21-20
BaxterI have an article I want to bring in here.. give me a second... A proposal on the government table to face the parliamentary economic and financial crisis warns!
Economie 05/20/2020 15:41 180 Editor: Zs Baghdad today – special The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, on Wednesday (May 20, 2020),
(1) warned against demands to raise the price of the dollar against the Iraqi dinar to confront the financial crisis and maintain the hard currency, stressing that this decision is not in the interest of the Iraqi financial system.
Al-Saffar said in an interview with (Baghdad today) that:
(2) "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that the state may take to avoid the liquidity crisis."
He added,
(3) "It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation," noting that "the classes with limited income and those with salaries will be the first affected by this decision."
4) Al-Saffar pointed out that "raising the price of the dollar depends on the government's ability to apply the necessary public spending from other sources."
(5) The economist, Rasem Al-Akidi, warned, Thursday (14 May 2020), of floating the Iraqi dinar against the dollar, that is, reducing the value of the Iraqi dinar against the dollar according to a proposal put forward by economists to provide additional funds for the Iraqi budget to be paid as salaries for employees.
Al-Aqidi said in an interview with (Baghdad Today),
(6) "The issuance of any decision to float the dinar against the dollar in light of the current conditions in Iraq is very dangerous for the country which is basically suffering from uncontrollable losses, namely fees, customs, taxes and many other financial resources."
And that : (7) "the flotation will lead to a significant increase in prices, and will be paid by the poor," noting that "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil."
Al-Akidi said that : (8) "floating the dinar against the dollar is launching the process of buying and selling without any limits, and the country will face an unprecedented rise in prices with limited and steady salaries, so conditions will be more difficult, especially in the humanitarian context."
Baxter OK,.. KAP.... EXPLAIN THIS PLEASE
Baxter Sure dont look like a float to me
Clay wow nice article
Baxter i thought so too
Clay wish would just increase it already
Baxter sure dont look like a float to me
Clay what a gift that would be
Baxter i know
Clay nope
Clay no float
Clay never believed that
Clay dont know where Kap gets his info
Clay hoping it will resort to what it was
Baxter well that article clearly states NO float
Clay yep
Clay no article ever said float except for normal movement of a currency
Foxmulder That article BAX brought in . Kinda confusing.. of course what isn't with IRAQ
Doug_W @Dave silver is off almost 50 cents now
Baxter foxmulder well it sure says .. No Float
Doug_W @Clay must have dreamed of buying some?
foxmulder Doug_W wish the coin store was open wanted to by a bunch when it was down to 14 or 15 dollars
Clay ha
foxmulder Looking to by a kilo , just n6or sure if the gent will give a break on the spot price
Doug_W was the best time
Clay kilo of what
Doug_W its been very volitile lately
Doug_W Clay SILVER
Clay ok
Clay never heard by the kilo
foxmulder Doug_W IKnow .. of course EVERYTHING was closed ;Thud
Doug_W foxmulder https://www.silver.com/
foxmulder Clay a few weeks back it was 460a kilo now 580
Clay nice increase...how many oz is that
Doug_W 1,000
foxmulder A kilo = 2.5 pounds
Clay 16 oz in a lb
foxmulder Dont ask me how I learned what a key was
Clay lol
Doug_W I bet I KNOW
Clay sell herb lol
Foxmulder Sure wish they would do something besides talk about the exchange rate
Dave sounds as IF we may get rich?
Baxter HA..
Baxter You saw my article eh?
Dave quick read
Baxter sure doesnt mention a float
Dave Who said it was going too........?
Baxter K A P E R O N I
Dave oh that guy........disregarded anything he preached
Dave particularly when CBI said No float countless times
Dave Free float to be exacting
Dave nic picking i suppose
Dave All in the details sometimes?
Clay many times stated no float in print
Clay no country ever floated after currency devalued always went back to previous value
Wilder Rumors going around gold to return as reserve currency. Ya think?
Kaperoni Hey!, more float talk today. lol
Baxter REALLY? not the way it reads to me
Kaperoni 05/21/2020 The yolk .. The float claims are wrong and the poor will pay the price!
The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, warned of the demands of raising the price of the dollar against the Iraqi dinar to confront the financial crisis and maintain the hard currency, stressing that this decision is not in the interest of the Iraqi financial system.
Al-Saffar said in a follow-up to Al-Ishraq that "raising the dollar exchange rate to face the financial crisis and preserve the hard currency is one of the proposals and monetary measures that may be taken by the state to avoid the liquidity crisis."
He added, " It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation ," noting that "the classes with limited income and those with salaries will be the first affected by this decision."
Al-Saffar pointed out that "raising the price of the dollar depends on the government's ability to apply the necessary public spending from other sources."
The economist Rasim al-Aqidi, warned, earlier in the Iraqi dinar float against the dollar, i.e. reducing the value of the Iraqi dinar against the dollar according to a proposal put forward by economists to provide additional funds for the Iraqi budget to be paid as salaries for employees.
Al-Akidi said in an interview followed by Al-Ishraq, that "issuing any decision to float the dinar against the dollar in light of the current conditions of Iraq has a great risk to the country that is basically suffering from uncontrollable losses, namely fees, customs, taxes and many other financial resources."
Kaperoni And that "the flotation does not constitute an increase in the value of the Iraqi dinar, but
Kaperoni rather we will see an increase in the exchange rates of the dollar because of the lack of its acquisition in the global market, especially with the decline in global oil prices."
He added that "the flotation will lead to a significant increase in prices, and will be paid by the poor , " noting that "the flotation is taken in light of the stable financial conditions of the state, as well as the diversification of the economy and its dependence on resources other than oil."
Al-Akidi said that "floating the dinar against the dollar is launching the process of buying and selling without any limits, and the country will face an unprecedented rise in prices with limited and steady salaries, so conditions will be more difficult, especially in the humanitarian context."
Kaperoni https://www.aleshraq.tv/all-detal.aspx?jimare=51746
Baxter its exactly opposite a float
Baxter Be back later
Kaperoni Not good time to float is correct.
Kaperoni But more importantly it confirms what the intent is once conditions are better
Kaperoni floating is what countries do. They do not RV
Kaperoni Oh and by the way, Lebanon just announced they are going to a float. that is the 3rd middle east country to float in last 4 years. lol
Kaperoni Lebanon is preparing for fundamental structural changes in its economy
17:30 - 05/15/20200 The information / Baghdad ..The Lebanese government announced today, Friday, its serious intention to reduce the number of commercial banks from 49 to about half in the country.
This was stated by the Lebanese Finance Minister, Ghazi Wazni, during an interview with "France Press", where he said: "We are ready to meet the request of the International Monetary Fund to float the exchange rate of the lira, but after receiving external support, provided that in the next stage a price Flexible exchange. ”
Kaperoni More... https://www.almaalomah.com/2020/05/15/474312/
Kaperoni lol
Jo No it's a "Conspiracy" LOL YES IT IS FOR REAL THIS IS GETTING CREEPY I WANT OFF THE RIDE... Or why doesn't everyone go to Mars and I will stay here with the people that are not scared of the cartoon virus.
Baxter That article said nothing about a delay... it said they werent considering a FLOAT.... he doesnt know how to read
Baxter He reads things into articles...that just arent there
Jo What It's Like to Believe Everything the Media Tells You
3,807,174 views•May 6, 2020 https://youtu.be/QcUAG6t5aN8
Jo Speaking of Blue Pills https://youtu.be/dC_lZLzCrOI only 2min LOL
https://covid.joinzoe.com/us COVID Symptom Tracker
https://www.worldometers.info/coronavirus/ Covid-19 Coronavirus Pandemic Stats