IQD CALLS Chat Thursday Evening 9-19-19 Part 1 of 2

IQD CALLS Chat Thursday Evening 9-19-19 Part 1 of 2

Wilder   Who can say for sure that when it's said and done that either one is right?

Doug_W   NO one can

Xyz   Tebow 9-19-2019 Newshound Guru Kaperoni ...They will never introduce any smaller categories until the currency has begun to appreciate to a point where they would be needed and it would be seamless without fanfare.

Wilder   US Federal Reserve intervenes again to ease money market strains. LINK

Dave   howdy folks... i gather we are not rich yet........

Wilder   Kuwait has nearly 10% of the world's oil reserves. Petroleum accounts for nearly half of GDP and 95% of export revenues and government income. It also has a small populatioin - only 3.36 million people. So its per capita income is very high. Iraq has 12%. If oil in the ground is money in the bank, Iraq is wealthy. Iraq can produce 2 billion barrels per year. At $100 per barrel, that oil would sell for $200 billion.

Sparky   Tebow ... From what I just read, Kap did not say lop...only if GOI has their way...we want float... believe it or not...Kap is still for positive outcome... just not ludicrous, ridiculous RV at an arbitrary rate...

Sparky...and, that IMF is trustee...and would prefer capitalism ... slow growth... I will end my Logorrea at that...

Tebow   Sparky Kaperoni - Of course coins will be used. When you LOP you need coins and small notes........his words Kap says they are going to LOP!!!!!!

Sparky   Tebow ...ok...he did say that...

Sparky   .. about coins, lds...but, not until necessary with float theory...

Sparky   Tebow ... wouldn't they need them also, if rv ?

Sparky   ... can't quite figure out, why you folks cannot fathom Kap's positive scenario...

Sparky   ...he has explained his thinking , many, many times...open your mind, to any possible positive outcome....or, choose, to not, and attack a very valuable researcher... for no other reason, than, you differ on opinion...

Wilder   Iraq sells a quarter of its potential reserves at an average price of $100 for the next 20 years, that would generate 90 billion x 100$ =$9 Trillion.

http://webhome.auburn.edu/~thomph1/iraq.htm

Sparky... for, we are all on the same raft , my friends...

Sparky   Wilder ...32 T light... from jump Street...

Sparky...at 1:1...

Sparky   ... I personally do not think of Kap as a " guru '... just brings articles and thoughts...which, is WAY cool, with me...

Wilder   Understanding a Revaluation. https://www.investopedia.com/terms/r/revaluation.asp

19 Sep 19, 07:50 PM Sparky   xyz ... but, Kap is no guru... just a cool dude in a loose mood... glad he occasionally joins us... hats off to Kap...

Wilder   Kap is cool. I don't want no float with an attitude

Sparky   ...as many here need to be tuned in, including myself...

Sparky   Wilder ... I get a little Andy myself, when I am attacked...but, he sure don't like Tebow...

Sparky   ...and, believe that the feeling is mutual...

Wilder   Fixed rate of a currency is determined by the domestic demand for imports from abroad. ... The more it imports the greater the supply of pounds onto the foreign exchange market. A large proportion of short-term trade in currencies is by dealers who work for financial institutions.

Spark   y...RV soon ? Iraq ? Are you dick ing me ?

Wilder   A fixed exchange rate is when a country ties the value of its currency to some other widely-used commodity or currency. ... Today, most fixed exchange rates are pegged to the U.S. dollar. Countries also fix their currencies to that of their most frequent trading partners.

Sparky   Wilder ...yes, once Reconstruction begins, higher rate of exchange will benefit Iraq... and, Kuwait port sharing also play s into this...imo..

Wilder   To maintain a fixed level of the exchange rate may conflict with other macroeconomic objectives. If a currency is under pressure and falling – the most effective way to increase the value of a currency is to raise interest rates. This will increase hot money flows and also reduce inflationary pressures.

Sparky   Wilder ...as they will require importation of goods to rebuild...

Sparky   Wilder ... opposite of what you just posted...

Wilder   Fixed and Flexible Exchange Rate Management. ... An exchange rate is the price at which one currency is converted into or exchanged for another currency. Exchange rate connects the price system of two countries since this (special) price shows the relationship between all domestic prices and all foreign prices

Sparky    Wilder ... currently Iraq currency is in a vacuum... minimal inflation... control is easy... once they pull the trigger and float... it is on...but, they must support and sustain their currency value...or, crash and burn...

Wilder   Can't find where i read this earlier. Inport is needed almost as nuch as export

Sparky   Wilder ... I would think more imports necessary, prior to being able to export...

Wilder   Rate is also established through debt of other countries owed to you including the interest.

Sparky   Wilder ... wow... Saddam owed every country known to man

Wilder   And who all do we owe?

Sparky   ...still paying Kuwait...owe 4.5 billion...cash..., plus other things...

Sparky   Wilder ...no one...king dollar...

Sparky   ... makes the world go round...

Wilder   The U.S. debt to China is $1.11 trillion as of May 2019. That's 27% of the $4.1 trillion in Treasury bills, notes, and bonds held by foreign countries

Sparky   Wilder ... US deficit Is a fallacy...

Sparky   Wilder ...that may wash in the China agreement...

Wilder   Has to be justified somehow. Fallacy or not.

Wilder   Sparky True

Sparky   Wilder ... I don't like Trump...but, he is very smart...

Wilder   Yep

Wilder   Donald Trump says US spent $7 trillion on Middle East wars. A lot of that money has not been paid yet. Iraq debt.

Sparky   Wilder ...only want my 1:1 brah...

Dave   Sparky Football tonite?

Wilder   Me too. I'll take a dime too

xyz   Tebow 9-19-2019 Newshound Guru Kaperoni ...There is no reinstatement of the dinar until the CBI writes the letter and the IMF accepts the letter for Article VIII. It's no secret when that happens we will all know. Even if it happens that has nothing to do with the exchange rate.

Wilder   How would that effect the exxhange rate anyway?.

Sparky   xyz ... check your back pocket...

Sparky   Dave ... I like million day...where did she disappear to... I wonder...

xyz   OMG Kap is right per boots on the ground .... The solution floating ... https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Falahadnews.net%2Findex.php%2Fpermalink%2F179799.html

xyz   Is Sadr sparking new demonstrations against the Iraqi government? LINK

Sparky   xyz ... don't want to say that I told you so, but...... float works for me...

Dave   about time

Dave   thats it.....Intel from the Great Pumpkin\

Sparky   ...but, if you want hallucinations.. have at it..

Dave   Sparky gathered that

Dave   no no it was that Bassalmic Samuellsons fault

Sparky   Dave ... also could be our golden road...silk road profiteers...as we may be...

Dave   iraq a trustee of IMf....tell me how to put on my straight jacket.

Sparky   Dave ... vice versa..

Dave   same news

Sparky   Dave ... up though the ground, came a bumbling crude...oil, that is...

Sparky   Dave ...Texas tea...

Dave   Sparky wow.... if you can recollect that ....find it strange that you cant recollect recent words from the CBI

Sparky   Dave ... don't know about you, but after this thing pops, gonna get a mansion in Hollywood hills...

Dave   Sparky next to Jed

Sparky   Dave ... NOT YET...?

Portmagaland   Dave Japan's is either about to dump all their stored up nuclear water or has already done it into the Pacific, so it's going to get worse for all sealife.

Portmagaland   Dave Japan's major food source is the Ocean and they're about not only hurt themselves, but the rest of us in the process.

Portmagaland   Dave Out in Astoria they put a fake killer whale at the mouth of the Columbia River and the sea to scare of seals, but it went belly up and was a major failure.

Dave   at least they tried humanely....bombs work

Portmagaland   Dave I understand fish farms have their issues, but we have nuclear sealife in the Pacific, while in the Gulf of Mexico they used a chemical to sink the floating oil to the bottom from Deep Horizon debacle. Give me a choice and fish farmed fish at this point sound safer.

Dave   not glowing yet

Portmagaland   That chemical is some gnarly stuff

Dave   Deep Horizon how many millions of barrels

Portmagaland   Dave I dont know, but how about we work our issues out with Iran, so we dont kill the rest of the oceans.

Dave   thats scary

Dave   Portmagaland let the Sauds deal with them

Portmagaland   Dave Fine by me

Dave   Sauds yet to retaliate or say anything

Dave   find that strange

Sparky   Dave ... fool office dude pushing for profit...45 days plus... before finally capped off...hurt to watch gulf of Mexico ruined...

Dave   70 million barrels?

Portmagaland   Dave Sauds like to flex on women and children, not their MO to flex on men, so I'm not surprised.

Sparky   Dave .. BP...

Dave   Sparky thats the chat

Sparky   Dave ...wasn't there a Trump plan for offshore casinos...after the fact...

Dave   Dont follow trump

Sparky   Dave ... better to keep enemies close...

Portmagaland    Sparky Trump was going to build offshore casinos long before he became president, check his resume, if you're confused on that.

Portmagaland   Unlike the Clinton's or Obama's, check out their resumes and bank accounts pre-white house and then post white house.

Sparky   Portmagaland ...yeah, had plans for gulf coast...8 if I recall...

Sparky   Portmagaland ...insider trading...make the laws, cash in before any little people know about it...

Dave   Saudi Arabia with all the fracking for yrs .......maintaining full bore pumpin.....Pumped out? Can no longer maintain capacity.......

Portmagaland   Sparky He's been losing money business wise with all the lawsuits for the wind blowing any direction. However, he did raise 15 million in one day in California this past week. While Kamala Harris raised 3 million nationwide in 3 months.

Sparky   Portmagaland ... only legal for senators...

Sparky   Dave ... interesting point...

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