Zig’s Place Chatroom News Friday Night 4-15-22
Zig’s Place Chatroom News Friday Night 4-15-22
Zig: Welcome to Zig's Place, a chat room for dinar speculators and others....discuss any topic that you wish
Butterfly CRUDE OIL PRICES (APRIL 15) ............... SULAIMANI — Crude oil prices were up on Friday (April 15) compared to the previous day.
The price of Brent crude was at $111.7, up from $108.8 the previous day, and the price of WTI crude was at $107.0, up from $103.8. https://nrttv.com/En/detail6/3139
butterfly BRITISH ISIS MEMBER CONVICTED FOR ROLE IN KILLING OF US HOSTAGES https://nrttv.com/En/detail6/3138
butterfly World Bank forecasts uneven recovery in Middle East and North Africa https://shafaq.com/en/Economy/World-Bank-forecasts-uneven-recovery-in-Middle-East-and-North-Africa
butterfly "Iraq is Booming" - New Employment Report ................ https://www.iraq-businessnews.com/2022/04/15/iraq-is-booming-new-employment-report/
butterfly KRG to continue Oil Negotiations with Baghdad ..................... https://www.iraq-businessnews.com/2022/04/15/krg-to-continue-oil-negotiations-with-baghdad/
Sheila Article: Breakthrough ‘time jump’ technique de-ages human skin cells by 30 years
April 8, 2022 by Chris Melore https://www.studyfinds.org/time-jump-de-ages-cells-30-years/
NORV The dinar nonsense only continues in part because it cycles a new group of "wanta get rich" suckers ever year or so.
NORV Where is my buddy Dave?
Zig I wanna get rich!!!!!! :$$$:
NORV lol someday maybe
Zig I guess I'm a sucker after all :Sob: Right @sheila??
Dave ME three!
NORV Why you take my float pics away?
Zig @NORV : I'll put it back
15 Apr 22, 03:24 PM NORV k
NORV its summer :Bigsmile:
Dave @NORV STILL SPRING!!!
Zig :Floating:
NORV Dave that why i need the hot tub lol
Zig Dave : Are we SUCKERS to still be in this??
Dave Where be the BLA BLA BLA......ACCORDING TO KAP????LOL
NORV Well the good news is zig, you waited this long you should be able to wait to 1/1/2023 or so to find out
Zig @sheila: Give me some hope!!!!.....lol
Dave @NORV YES you do have a date and rate in mind
NORV Dave nothing is according to me.
Zig @NORV : I suppose :Waiting:
Dave @NORV NODDA from CBI......
NORV Dave Nope, just that the proposal has a date
Dave NODDA from CBI.....
NORV the recommendations from the proposal stated...3- It is preferable that the implementation date be from 1/1/2023 to 31/12/2023:
Zig @NORV : Has Enorrste given up??
Dave @NORV NOTHING FROM CBI MENTIONED IN YOUR ARTICLES
NORV Zig Nah, we will probably hold a conference call to discuss the probablity of the CBI accepting this proposal and going forward with it. I told people over and over that that delete 3 zeros was not a good thing. nobody listened and thought it was a RV. lol
Dave @NORV ACCORDING to what TURKEY DID?
Dave RWHANDA?????
NORV Dave Saleh confirmed it. He used to be deputy at the CBI. And of course there are numerous symposiums in Iraq teach citizens so believe what you want.
Dave @NORV YEAH....CBI going to advertise a RV
Dave HE mentioned Fils while working fer CBI
NORV Dave obvious you dont read. The new currency is not what turkey did. They is a replacement and international convertibility as a result. Big difference.
Zig Not the coke and fils again...lol
NORV here is a quote from an article on this proposal
NORV Economic analyst Mazen Al-Ashekar, in an interview with PUKmedia , said that the idea is not to remove zeros from the dinar. We want to issue a new Iraqi currency, and the new dinar could be equivalent to 1000 dinars of the current dinar or more, and this is not a condition that it be linked to deleting zeros.
He added, "A new currency must be issued for Iraq that is linked to a basket of currencies, as is the case in several countries in the Middle East, in the UAE, for example, the dirham has been linked to the dollar and its price has been fixed for about 20 years," noting that they suggested that the price of the new dinar be equal to 50 cents of the dollar, and 25 A penny from the Australian pound, and 25 cents from the euro and is linked to the euro, sterling and dollar basket, and in this case, the higher the price of these currencies, the higher the price of the Iraqi dinar, and the dinar will turn into a hard currency, and all government contracts will be signed in dinars and there will be no need for a currency auction that witnesses corruption and thefts."
Dave Economic analyst Mazen Al-Ashekar,?????
Zig Not the CBI as Dave would say....lol
Dave Zig GLAD YOUR PAYING ATTENTION
Zig :Thankyou: LOL
NORV nope not the CBI as dave says...but then again I ask...why are teaching citizens something that wont happen?
Zig Just in case....lol
NORV lol
Dave @NORV TEACH ME WHAT CBI TELLS US
Zig :Headbang:
Dave INCREASE PURCHASING POWER OF THE IQD!!!!!!
Dave FROM CBI
NORV Well if they accept the proposal you will learn from the CBI soon
Dave IF.....
Zig Lots of IFS in this
Dave CALLED SPECULATION
NORV 2023 not that far away
Dave CBI MY GURU
Dave 2023?????
NORV good info in the proposal
Dave mark that on my calendar......
butterfly What is the English meaning of word guru? a personal religious teacher
Definition of guru 1 : a personal religious teacher and spiritual guide in Hinduism. 2a : a teacher and especially intellectual guide in matters of fundamental concern has been a guru to many young writers. b : one who is an acknowledged leader or chief proponent became the guru of the movement.
NORV Conclusions and Recommendations
NORV 1 - Most of the countries in the world that have deleted the zeros of their currency have achieved success in facing problems 2
Economics such as inflation and dollarization” and reduce their negative effects on the economy and then restore confidence in their currency National.
NORV 2- The project to delete zeros from the Iraqi dinar is one of the projects that support the Iraqi economy if it is done Take the appropriate time to implement it.
NORV 3- The Iraqi economic environment is suitable for the Central Bank of Iraq to initiate the deletion process
Zeros from the Iraqi dinar if the necessary will and the appropriate timing are available by those concerned.
This is done through the economic criteria that have been relied upon by my agencies:
The high levels of inflation in the Iraqi economy during the first four years of the study
Its peak in 2006 when it exceeded 9053: then its decline as it began to decline until 2015, then its trend.
butterfly How many types of guru are there?
Guru is the one who takes you towards light from dark. As per Sakand Purana, there are seven types of Guru.
Dave butterfly ALL HAIL GURU KAP.....
NORV - The depreciation of the Iraqi dinar, which had a prominent impact on the spread of the dollarization phenomenon in transactions economics in the local market.
NORV - The independence of the Central Bank of Iraq “which was clearly supported by the Iraqi constitution,” including Bank Law No. 56) for the year 2004.
butterfly What makes someone a guru?
Though any master teacher is sometimes referred to as a guru (nowadays the word guru is used in English very loosely), traditionally guru refers to a religious or spiritual teacher who not only has deep knowledge that can lead to moksha (liberation or enlightenment), but also has direct experience of Divine vision or ...Feb 27, 2019
NORV - The commercial openness of the Iraqi economy is broad in front of the global economy.
Second: Recommendations
Dave @NORVIRAQ WEALTHIEST nation in the WORLD....like RWANDA...lol
NORV Dave bull crap they are only worth $16 trillion dollars
butterfly I would never tell people what to do or believe, so I guess I'm not a guru LOL LOL LOL LOL I just can recognize when someone is trying very hard to be a guru.
Dave @NORV HA!
NORV 1- Deleting the zeros of the Iraqi currency and renaming it with the name of the new dinar to replace the dinar with an exchange ratio of (1 New dinar - 1000 dinars).
NORV butterfly tell that crap to the iraqis who are teaching the citizens
NORV 2- The new dinar is traded side by side with the dinar to remove all circumstances that may result from similarities Currency name.
butterfly @NORV what? you call all of that crap? You just proved my point....thanks
NORV 3- It is preferable that the implementation date be from 1/1/2023 to 31/12/2023: and then keep
4- Issuance of a new denomination of (100) dinars, in addition to the issuance of coins worth (250 fils) and (500 fils).
Dave FILS....LUV THAT!!!
NORV butterfly talking about your naysaying crap
NORV https://www.iasj.net/iasj/article/216703
butterfly @NORV More and more you are proving my point....
NORV Read and enjoy
Dave coins to be worth more than notes........
butterfly Dave I have some of their coins.
Dave 50 dinar coins?
Dave 2013?
Dave would cost more to mint than they would be worth
NORV Dave already have them dave
butterfly Dave I am keeping them as I have coins from Africa that my sister sent me when she was a minister over there.
NORV and a new currency with a new exchange rate is not wheel borrows
NORV get your dinar ready to exchange . 1000 dinars to 1 dinar
NORV Dave you can take ur 10 million dinar and trade it for 10,000 new dinar
NORV and then run to the bank and get .50 cent to the dinar trade or $5000
Dave https://cbi.iq/page/89
Dave NO FILS......
Dave @NORV CBI suggests same face value fer 10yrs
Dave Concurrent
NORV Dave sure
Dave @NORV LEARNING GOOD!
NORV what you going to do with a dead currency?
Dave ask CBI
NORV be just like Zimbabwe
NORV You can put it on ebay and find a sucker
Dave @NORV IRAQ like Zimbabwe.....
NORV butterfly can ask all these people if they believe they will do this...
NORV www.baytalhikma.iq/News_Details.php?ID=1467
NORV Since the government is putting on these seminars / symposiums - seems pretty offical
NORV maybe according to Dave all a scam because the CBI isnt there lol
Zig But the CBI would have to agree
Dave He pointed out that” the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market “. https://dinarrvnews.net/central-bank-of-iraq-delete-zeros-off-iqd-early-2017-arabic-news/
Dave YEAH Central BANKS all full of hot air
NORV Zig of course and parliament would have to vote on it.
NORV but we will learn soon enough if they ever form a government
NORV i just got flower delivered :GoodMorn: :HaHaHa: someone loves me
NORV Zig you asked about my book? it is done and in production
Dave Like fils circulating in Iraq? like to see those
NORV ok gotta run. Dave take some time and actually start to read a little. lol
Dave if you read what CBI tells....I may
Dave nominal rate with fils.........lol
Dave WHere is my wheelbarrow ZIG?
Dave 50 coins to buy my soda...... CBI did have 25 dinar coins,,,, 1200 dinar fer my coke
Dave ......and get notes back fer change....... at least notes are cheaper to print than coinage
Zig Dave : It is in there
Zig wheelbarrow of money
Zig Dave : You can't deny that it is being discussed....
Zig I think many people simply ignore what @kaperoni says because they don't like him and his style....lol....
Zig Even though he may be right
Dave Zig Blanket Statements from KAP Economists set fiscal policy"
Dave Kap could be right .......Global at a nominal rate less 3 zeros......would be even more inflationary
Dave CBI aint going Global until ready........
Zig Yes, the CBI has final say....of course....and Parliament must vote....who knows....
Dave OUt of Ch7 sanctions........not yet global.......wonder why......?
Dave okay with wheelbarrows then
Zig Not what we want of course so I hope Kap is wrong....as usual....lol We wait....what else can we do??????
Dave Zig What ever seems most reasonable to ya :Headbang:
Zig :Don't know: all I get is a :Headache: from all this.... :Laughing:
Dave Zig Confused HOW?
Zig I'll let you and Kap figure it out while I :Hammock: relax Not a confused pic....a HEADACHE!!!!!!!!!
Dave Zig WHY? got into this yrs ago......when their seemed to have hope in IRAQ post Saddam....
Dave not much has changed.... CBI..."Economic ,political ,and social stability,,,,ARE WE THERE YET?
Dave Odd that Iraq prolly the only/very few NON SANCTIONED nations with no globally traded currency?
Dave CBI now GOOD to go Global........if they wished to do so.......wonder what the hold up be?
sandyf @zig, The truth behind Kuwait can be found in this document "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis". Some made a profit through speculation, not any RV.
sandyf The CBK went into exile and continued to function at the same rate. At the end of the occupation the KWD was reinstated as the national currency at the same rate as it had prior to the invasion.
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