IQD CALLS Chat Tuesday Night 10-1-19
IQD CALLS Chat Tuesday Night 10-1-19
Dave as banking is no where in Iraq ...CBI needs to make money somehow?
Dave any of you folks familiar with fractional indexing used by banks?
Wilder Dave couldn't find indexing. Fractional banking. Fractional reserve banking is a banking system in which banks only hold a fraction of the money their customers' deposit as reserves.
This allows them to use the rest of it to make loans and thereby essentially create new money. This gives commercial banks the power to directly affect the money supply
Dave and leverage each loan up to 1000times
Wilder And not including collateral.
Dave Cbi makes 9 % on each loan a bank writes
Tebow wish I could make 9%
Dave just over 20% of the pop use banks currently......
Tebow we go to negative rates in the states, that will be here
Dave Wilder suspect SandyF will give us an education on this
Wilder They need to do just like our country here. Just keep the printing presses running. Raise the rate backed with nothing.
Xyz From well respected Iraqi economist back in march 2015.. Kaperoni were you sleeping in March 2015?
ء Economy Thursday, March 5, 2015 06:10 PM
Expert: delete the zeros supports the national currency and reduce inflation in the country
BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country.
Sumaisem said, in a statement to "Ein Iraq News", " delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
"The country suffers deficit as Iraq does not it can support its currency unless received grants from third parties, and whether this possible implementation it is important, reframes the value of the currency indirectly supporting the national currency, and when structuring currency returned it reduces inflation Iraq ". Finished / 13
Wilder xyz and the crowd goes wild. Applause with a standing ovation.
Tebow Guru xyz strengthening the Iraqi currency. Thank you for that!
TWWIII My CCU MGR call me at noon to see if I could come down today. She said there may be an event we've discussed. This pertains to another branch meeting Friday.. They wanted me to talk abt a Certification of Trust-WA.I was asked to bring my report (not my currencies) of what I have. They would like, when it happens, to do my exchanges. They agreed with me at only a 1% exchange fee.
TWWIII They have had many many training sessions. I mentioned I have hired The Protection Group LLC.
Dave 1% thats good.....
TWWIII Dave What a long talk today we had.
HOT PEPPER you know, you are still going to have to pay the Capital Gains Tax, no way around it
TWWIII HOT PEPPER Yes on the interest
HOT PEPPER and pricpal also
Wilder TWWIII rate?
HOT PEPPER Princpal*
TWWIII Wilder rate, ????
HOT PEPPER why tie up your money ? get it out there in circulation, make money with it Guys
Tebow HOT PEPPER lt's going to be taxed as income not capital gains
TWWIII Wilder They do not have a rate, at least she said they don't yet
HOT PEPPER same thing
HOT PEPPER different name
HOT PEPPER theres no difference
Wilder TWWIII Never mind. I misread. Sorry
HOT PEPPER just being honest and straight forward with it
TWWIII HOT PEPPER You have no idea of our humanitarian plans we have.We will be putting a large amt of money in circulation.
HOT PEPPER Oh I do Know
HOT PEPPER I got 15 of them
Dave what if you just travelled around your city and exchange a few notes a day at the different forexes
HOT PEPPER one rate
TWWIII Not sure
HOT PEPPER unless you make a deal with the Bank for a higher rate , but the Bank decides why your money goes
HOT PEPPER where*
TWWIII HOT PEPPER Sorry dude, u weren't there with me
HOT PEPPER TWWII , I been in this since before Frank
HOT PEPPER 2002
TWWIII SO
HOT PEPPER I know what they are doing
Wilder Invest in Wilder bank then I'll file bankruptcy and leave the ****ry.
HOT PEPPER but hey no skin oiff my chin
TWWIII I have been buying, selling & trading medals & currencies since the 80's
HOT PEPPER Naw , don't leave guy, there are some really super good oppertunitues ahead of you
HOT PEPPER well anyone can do that WWII
HOT PEPPER the trick is where is it going ?
HOT PEPPER futures
HOT PEPPER inside track
HOT PEPPER that you don't know my friend
TWWIII U have no clue abt me sir & my family nor our foundation
Dave Deano been torpedoed too many times
HOT PEPPER TwwII, look im not here to get in a pissing match with you
HOT PEPPER you have followed the trend that has been going on for 200 years
TWWIII Nor am I
HOT PEPPER all that is about to change, a new way of thinking
HOT PEPPER sso lets learn from one another
Tebow HOT PEPPER 2002 hummmm The current Iraqi dinar did not come out until sept 2003
HOT PEPPER right, but I knew about it ahead of time
HOT PEPPER the areas of a good program will be in areas of Housing, Food ,Water and Medical, and Energy
Dave xyz From well respected Iraqi economist back in march 2015.. Kaperoni were you sleeping in March 2015? ....
ء Economy Thursday, March 5, 2015 06:10 PM
Expert: delete the zeros supports the national currency and reduce inflation in the country
BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country.
Sumaisem said, in a statement to "Ein Iraq News", " delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
"The country suffers deficit as Iraq does not it can support its currency unless received grants from third parties, and whether this possible implementation it is important, reframes the value of the currency indirectly supporting the national currency, and when structuring currency returned it reduces inflation Iraq ". Finished / 13 http://aynaliraqnews.com/index.php?aa=news&id22=33283
Wilder xyz and the crowd goes wild. Applause with a standing ovation.
Doug_W I second that Wilder
Tebow well respected Iraqi economist. 1 to 1 ...... That's not a float
Dean ooh but @Tebow they're going to float for sure
Wilder Dave you can scrap your wheelbarrow now.
Dave Wilder Kap;s not mine.....
Dave 1000 fils for that coke though....??;
Dave if that aint hyper-inflationary.....
Wilder If it's 1 to 1. I'll buy a case
Dave no at .00086 and gradually raise it
Dave a case would take one of Baxs semis
Wilder No float
Xyz Tebow 10-1-2019 Newshound Guru Kaperoni The Iraq government is striving to create a market economy with private investment. Doing so would bring substantial money into the country.
This would create inflationary pressure on the financial system, the solution is to float the currency to relieve that pressure. It also would allow the CBI to profit by controlling the currency, buying and selling making commissions. Any kind of RV would circumvent those tools. [post 1 of 2....stay tuned]
xyz 10-1-2019 Intel Guru MarkZ I am looking for a fantastic day…If news is as good as I expect…..you will be hearing from me again today...Today
Tebow xyz private investment will not come into Iraq until they have a stable rate. Private investors want to make money. With a float it can go up or down in value. Thus they will not invest.
Kaperoni There not investing in the exchange rate. There investing in the private sector.
Kaperoni The tool to float the currency is to offset pressure created by the influx of capital from investors that causes inflation.
Tebow BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar... Sumaisem said, in a statement to "Ein Iraq News", " delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
Kaperoni She also said in another article that it was time to float the currency so maybe you should read all the Articles not just one that goes to your cause because the one she's talking about there is a Lop
Kaperoni Again in excess of 42 trillion dinar in circulation outside the banking system makes it impossible to RV the currency. Impossible
Kaperoni You don't have to be any kind of scientist or expert to understand 42 trillion is more money than anyone could ever significantly RV
Kaperoni Even Sandy said the other day it's impossible to RV the currency within excessive 42 trillion
Xyz Kaperoni you are making silly and ridiculous statements
Kaperoni XYZ I don't talk about things I know nothing about unlike you
Tebow Kaperoni really you know nothing
xyz Kaperoni yes you do wagging imf documents as holy grail
Kaperoni No I'm not making silly and ridiculous statements I posted an article in this very chat room about a week ago that said clearly that the central bank had released information there was an excessive 42 trillion outside the banking system.
That is backed up by the IMF documents it's also backed up by independent Consultants and if you think those three organizations are lying just so that you can get rich off the dinar your fool
Tebow Kaperoni you have a float document?
Tebow Can you provide one FLOAT document to support your opinion?
Kaperoni There are many documents to talk about floating the currency but more importantly it's how central banks work it's what they do when you have an influx of capital into the financial system it creates pressure on the financial system you have to float the currency in order to offset that pressure there's no ifs ands or buts
Kaperoni And clearly everyone knows that Iraq is preparing for a market economy and a substantial amount of investment next year in excess of 80 billion dollars that's a substantial amount of money coming through the financial system of Iraq which clearly will create pressure
JoeSchmoe Kaperoni I'm curious. Why do you continually come in here where 99% of the people think you are full *? You continually say the same things over and over again, as if if you say them enough times, everyone will all of a sudden say, "Hey Kap, you are right. Thankyou so much for never going away!" It makes no sense why someone would purposely come in here when he knows everyone will give him *?
Kaperoni If they don't float the currency they will lose control of the financial system it will become unstable inflation will go through the roof
Tebow Kaperoni FLOAT document please?
Kaperoni I can tell you that you should be able to find them there are at least 10 to 20 of them discussing the float not to mention the IMF request to the Central Bank of Iraq
JoeSchmoe you may as well put your posts on a repeater, because I see the same thing from you every single time. In here, and in every recaps wanna be out there
Kaperoni Someone has to tell the truth *********** ******8
Tebow Kaperoni so again you do not have one
Kaperoni Believe me I have every document ever written that came out of the Middle East or any article or research paper I have them all but I don't share with *
Kaperoni But the dinar will never overnight RV that's a fact
Kaperoni You should know by now I don't have opinions I have fax everything I say is facts
Kaperoni . If the Dinars ever going to go up in value it'll go up based on sound principles and facts just like a doctor a surgeon they don't randomly go into someone I just cut them up and everything they do is based on sound factual information that's the same thing as a Central Bank of Iraq everything they do is based on sound factual information nothing is random ever
Kaperoni Have a good night enjoy your Dreamland
Tebow BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar... Sumaisem said, in a statement to "Ein Iraq News", " delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
Tebow I'll go with the Iraqi economic expert over Kap anyday!
Indiana holder Tebow think will happen b4 end of year. looks like all have been waiting a long time. A friend that talked me into it says VERY SOON
Tebow indiana holder no one knows but we wait
Xyz As prophesied.... 10-1-2019 Newshound Guru Kaperoni I want to point out to critical events between now and the end of the year. One is the vote through Parliament on Special Grades, the other being the 2020 budget which the supposed to include the launching of the market economy.
Iraq is at a critical stage right now not only with an abundance of laws that still need to be passed, but they are in dire need to lure private investors in to rebuild. [post 2 of 2]
Wilder Wished Okie was still around. He would know. Or Rangerr77. Shotgun Suzy. The General.
Wilder Okie has been trashed so many times for calling thefalse RV's that he feels so bad about doing that. I got info from another member on another board, stating that if the RV were to come out lower than 4.40 as he has predicted for many months now, that he would make up the difference if it came out under 4.40...... sounds like a win win situation.... no need to worry about an 86 cent rv...... Okie has us all covered...... go RV wahoo...... can I get a Nuff Said, Done Deal Cash in covered by OKie....
Any other confirmation on this? September 8, 2011
WPY The most unfathomable concept in Dinarland : WHY do we not have a RELIABLE source of information ?
WPY With all the ALLEGED good guys SUPPOSEDLY working for us, yet no site, blog or news source has any reliable, verifiable information on the biggest financial change the planet has likely ever seen. What's up with that ?
Kaperoni Since Tebow likes economist Peace Sumaisem so much here is a much better article from her on the Iraqi economist website. lol
Kaperoni LINK
Kaperoni The important part....
Kaperoni The financial market is a necessary condition for completing the conditions of the market economy.
The stock market “according to the laws of the market economy” needs a set of measures in order to do its part, including:
1_ moving interest rates in banks according to the volume of trading of shares and other securities in the market,
(Ii) the freedom to enter and remove foreign currency;
3_ float the national currency exchange rate,
4_ and the freedom of foreign capital to invest in this market
Kaperoni I am putting about 20 articles together from Iraq experts and will email to Zig. He then can email any of you who still think your going to get rich overnight.
Kaperoni later.