IQD CALLS Chat Monday Evening 9-23-19 Part 1 of 2
IQD CALLS Chat Monday Evening 9-23-19 Part 1 of 2
Dave you folks missed that post from Salah from the other day......
Dave or his comments about there only being 4T in circulation .....not 42T
Dave the article was 4 yrs old however
Clay Dave no
Young_SC Dave Kap said even it is just only 1t, that is still alot in circulation lol
Dave Young_SC 42T to 4 T now down to 1T
Dave still too m uch
Dave wonder how much dinar is being held in North America?
Dave which will remain for 10 yrs in reserve
Clay enough to pay for the war according to Bush
Clay whether true or not
Larrykn sandyf if you read what I posted I said this was an old article, you can twist things anyway you want but that is what they are telling us back then, but I guess you gurus need to get your point across no matter what. good going
Dave Clay yes ,without Bush making this possible i doubt we would be here
Clay Dave agree
Dave blame him dang it......
Zig HOT OFF THE PRESS!!......Kaperoni Tweets!!......Read all about it!!!...... ;read;
Michael Kaperoni @kaperoni.........
"The truth is Iraq is trying to pass laws to support investment, create the conditions to launch a market economy, invite countries/private companies to come and participate. But it takes time. If and when that happens, the dinar might begin to appreciate"......
"I am often held to a high standard when i discuss subjects to prove what I am saying..providing links to documents or articles. But the guru's can spew nonsense and everyone believes them time and time again. Lol"
Zig Hi Kap.........
Kaperoni Zig, please stop talking about DA and its services when referring to me. It is not my website, I only post there I have no financial gain. But when you start constantly talking about a site and include me it becomes fact to the masses. And that's not correct. I post on several sites primarily DA but that doesn't mean that I have anything to do with the website other than that.
Kaperoni It's gotten to a point now where I come on this chat room and people want to talk to me about the website how it makes money etc and it's services rather than talk to me about what I do which is research the dinar and I have no time for that because it's not my site.
Zig Kaperoni : Okay....but I have no control over others in here......
Kaperoni I have not seen any articles cuz I haven't had time. But if somebody wants to summarize something quickly I will answer it
Young_SC Kaperoni hello
Kaperoni I'm busy today talking about the replacement notes that have been issued through the CBI for the 250, 500, 1000 due to being worn out. But we know the gurus are going to put their Twist on that
Young_SC Kaperoni could you do me a favour
Young_SC Kaperoni Could you kindly please post an statement which source is from the Finance minister, GOI, Alak/CBI IRAQ stating that there is no such thing as an RI/RV/Purchasing power for its citizens. You are making statements claming it to be factual information without any real relevant source. So can you kindly please provide it for the gentleman including myself and women to see please
Kaperoni Ok young..
Kaperoni Young, not once has anyone ever talked about RV the dinar. They have talked about floating and redemonination (LOP). A substancial RV is not possible with in excess of 42 trillion dinar. Those numbers are real. You don't need a scientist to figure that out.
Tebow Kaperoni 42t not a fact!
Dave thought that article read 4T
Young_SC Kaperoni Could you kindly please post an statement which source is from the Finance minister, GOI, Alak/CBI IRAQ stating that there is no such thing as an RI/RV/Purchasing power for its citizens. You are making statements claming it to be factual information without any real relevant source. So can you kindly please provide it for the gentleman including myself and women to see please.
Young_SC Kaperoni ive posted 3 articles stating the direction Iraq is heading
Kaperoni Young there is years of factual research that I have done and posted on numerous sites including DA if you want information you can go look it up
Young_SC Kaperoni Ive asked you very kindly and you still have yet to show/provide any factual information from the CBI or the GOI stating there is no such thing as an RI/RV because of the 42 t out in circulation as you said on numerous occassions
Young_SC Zig yes
Kaperoni And if you don't want to look it up just use Google and I'm sure you can find articles out of the Central Bank the IMF or other sources that talk about how much currency is in circulation with little effort. It's not my job to provide you with anyting
Dave Zig he wont
Young_SC Kaperoni Iraq reveals reserves of foreign currency and excludes the float of the dinar Tuesday, December 26, 2017 LINK
Kaperoni Zig the coin articles mean nothing. If they LOP they will need coins.
Young_SC KaperoniI kindly showed you a couple of the sources to back up my claim in which i stated the direction Iraq is heading towards. Now could you kindly please provide the source in which that backs up your claim for all in this chatroom to see.
Dave round round we go with this guy ....for yrs
Young_SC Kaperoni Still no source??
Kaperoni There is nothing to go round and round about it's all in print but all of you are too lazy to read anything
Young_SC In addition to the results achieved on the scope of monetary policy applications internally and convince global financial organizations, the most important official reports issued by them confirmed the success of the policy of the Central Bank to achieve an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy.
Young_SC Kap is that a translation Error
Young_SC That was from the CBI kap
Young_SC Kap that one is from the finance minster In parliment
Young_SC Kap could you please address those Articles
Kaperoni There is no spin it's the facts. There are in excess of 42 trillion dinar in circulation that is documented in the IMF Article IV Consultation as well as many other sources not to mention to talk about floating the currency.
There is no talk about an RV there's too much money in circulation for such an event to ever occur. The only talk that you twist to fit your needs are articles pertaining to coins and raising the value which is if it's going to be an RV when it's in fact Parliament wanting to LOP then raise its value. Lol
Young_SC Kaperoni Kap could you please address those articles i just posted
Kaperoni I have already talked for weeks about those coin articles. They are from Parliament in which they want to LOP the dinar and then introduce new dinar and coins. They are not talking about an RV
Tebow Kaperoni no where in the articles do they say LOP
Kaperoni If you knew anything about Iraq you would know the CBI is independent. To some degree monetary policy is the responsibility of the CBI.
But that being said if there were going to remove the zeros off of the notes it would require Parliament approval in other words if they're going to LOP Parliament would have to approve or pass a law.
That is what these articles are talking about otherwise there would be no need if they were going to RV the CBI simply could do it on its own.
Dave just wish Zig kept a log of all your rubbish
Zig Kaperoni : So Parliament can go against the CBI and do that??
Kaperoni It's just not possible to RV what part of that don't you understand when you have in excess of 42 trillion dinar in circulation. I am asked anyone to come forward and explain to me how you could RV with that much money in circulation and no one has ever been able to explain it because it's not possible it's ridiculous it's three times the world's money supply or more.
Tebow Kaperoni Answer me this, do you really think if they have your so called float, people holding (anyone) are going to turn in their dinars. No they will hold them. Thus you still have your so called 42T out there.
Young_SC Dave Tebow It is very obvious that this individual could not provide the correct informational documents/relevant direct source of his what claims to be factual information to us people in this chatroom. Kap your claims have been thrown out and such information on your end seems incorrect and irrelevant
Tebow Young_SC yes per the norm
Kaperoni Zig no zig if the CBI wants to remove the zeros LOP they need Parliament approval to do so because it affects the entire country including globally. It is the same thing when you see other laws being passed in Iraq when the government comes forward and says Parliament needs to approve because it's significant, it affects the country a law is required to LOP.
But I'm not saying they're going to LOP I'm saying that that is an option but a significant RV is not an option. You can also go look at any other countries including Middle East countries when they remove the zeros from the notes LOP. They also had to pass a law to do so.
Dave Yes that is what Russia did ...lol
Dave Baslsamic Sammuellson effect ......you wore that out buddy
Kaperoni There is nothing to provide to any of you because it's all been posted in various forms or is available on the website directly through the IMF, World Bank, and other sources all you have to do is go look at it and you will see for yourself that it is not possible to significantly RV the dinar.
Kaperoni The Balassa- Samuelson effect are the words from the IMF not me. It's in print it's on the IMF website it's there for your reading. If you don't believe it then I guess you didn't read it but it's not my opinion, it's the facts direct from the IMF
Kaperoni Ok gotta go. Instead of sitting here dreaming and wishing for some magical RV that will never happen why don't you spend your time going in reading professional documentation so that you educate yourselves?
Tebow Kaperoni where is the float fact?
Dave No hyper inflation with your wheel barrows
Kaperoni Here is a fact for you..from the CBI ...lmbo
Kaperoni Central: The cash mass outside the banks is more than 39 trillion dinars
2019-06-17 07:11 The Central Bank of Iraq revealed on Monday the amount of cash mass outside the Iraqi banks, pointing out that it is more than 39 trillion dinars.
The bank said in an official statistic it was briefed by Alsumaria News that "the amount of currency outside the banks amounted in January of 2019 by 39 trillion and 796 billion and 700 million dinars," noting that "this amount fell from the month of December of 2018, which amounted to 40 Trillion and 498 billion and 67 million dinars. "
The bank added that "the highest level of currency outside banks during the past three years was in December 2016, where it reached 42 trillion and 75 billion dinars, while the lowest level of currency during the month of February of 2004, which amounted to 5 trillion and 431 million Dinar".
The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which the bank considered it would transfer Iraq from the country of trillions to billions, that the project was met with great opposition by the specialists and politicians in parliament.
Kaperoni they going to RV with over 39 trillion? lmbo
Kaperoni tebow its a reprint of a cbi press release
Tebow Kaperoni old article
Kaperoni young there is ur facts
Kaperoni in excess of 39 trillion this year
Kaperoni you think they can RV that? Lol