Zig’s Place Chatroom News Sunday 9-26-21

Zig’s Place Chatroom News Sunday 9-26-21

Zig:  Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly   Al-Kazemi’s advisor reveals: This is the priority of the 2022 budget

Sunday 26 September 2021 | 01:02 PM   Al-Kazemis advisor reveals - This is the priority of the 2022 budgetMazhar Muhammad Salih, the financial and economic advisor to the Iraqi Prime Minister, revealed today, Sunday, the priority in the draft budget law for the year 2022 .

Saleh said, “The priority in the draft budget law for the year 2022 will be to pay the external and internal debts owed by Iraq, because failure to pay them is considered a failure and a not good international financial indicator .”

And he indicated that “nine trillion dinars of debt services (installments and interests) will be paid from the 2022 budget, and the interest in paying foreign debts falls within the country’s good credit rating .”

Saleh added that “the draft budget law for the year 2022, so far, has not been completed and work is continuing to complete the project as soon as possible.”  aynaliraqnews.com

26 Sep 21, 10:18 AM butterfly   Al-Muttalib: The conference that took place in Erbil was for Sunni leaders paving the way for normalization with the Zionist entity

2021-09-26   Al-Muttalib - The conference that took place in Erbil was for Sunni leaders paving the way for normalization with the Zionist entityFormer MP Saad Al-Muttalib said that the conference that took place in Erbil was for Sunni leaders paving the way for normalization, accusing the government of indifference.

Al-Mutalibi said in a press statement, “I do not think that the government will take action regarding this conference, and it is likely to put it under the freedom of expression clause,” noting that “the conference represents only those who were inside the conference.”

He pointed out that “normalization is rejected by all the Iraqi people, the reference and the masses, and we do not allow in any way to talk about this matter.”

He pointed out, “The law does not allow this matter, nor the reference, nor the people, so the government must intervene immediately and arrest those who were in the conference.”

On Friday, Hebrew media reported that prominent Iraqi tribal leaders in Erbil for the first time publicly called for normalization with Israel.  burathanews.com

Dave    Right turn signal......?

Dave   would really prefer to be turning left.......?

Dave   NORV Just wondering......out of this 80 Trillion in circulation ....how much of that would be held by us Dinarians.......?

Sheila   Video: Lady on fire!!! - Vandalia School board Meeting, September 20, 2021 -- https://www.youtube.com/watch?v=aavvn0-Aybk

UNEEK   There is nothing the body suffers which the soul may not profit by. - George Meredith

Even in the deepest sinking there is the hidden purpose of an ultimate rising. Thus it is for all men, from none is the source of light withheld unless he himself withdraws from it. Therefore the most important thing is not to despair. - Hasidic saying

The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.- Martin Luther King,Jr.

Great occasions do not make heroes or cowards; they simply unveil them to the eyes of men. Silently and imperceptibly, as we wake or sleep, we grow strong or weak; and at last some crisis shows what we have become. - Brooke Foss Westcott

Prosperity tries the fortunate; adversity the great. - Pliny the Younger

Be willing to have it so; acceptance of what has happened is the first step to overcoming the consequences of any misfortune. - William James

If you will call your troubles experiences, and remember that every experience develops some latent force within you, you will grow vigorous and happy, however adverse your circumstances may seem to be. - John Heywood

UNEEK   Words are both better and worse than thoughts - they express them - and add to them -- they give them power for good or evil - they start them on an endless flight - for instruction and comfort and blessing -- or for injury and sorrow and ruin -- Tryon Edwards

When you have spoken the word - it reigns over you -- When it is unspoken you reign over it -- Arabian Proverb

You may tame the wild beast - the conflagration of the forest will cease when all the timber and the dry wood are consumed -- but you cannot arrest the progress of that cruel word which you uttered carelessly yesterday or this morning -- FW Robertson

A man cannot speak but he judges and reveals himself -- With his will or against his will - he draws his portrait to the eye of others by every word -- Every opinion reacts on him who utters it -- Emerson

Half the world is composed of people who have something to say and can't, and the other half who have nothing to say and keep on saying it -- Robert Frost

Such as thy words are - such will thy affections be esteemed -- and such will thy deeds be as thy affections - and such thy life as they deeds -- Socrates

A good word is an easy obligation -- but not to speak ill requires only our silence - which costs us nothing -- Tillotson

Dave   NORV Just wondering......out of this 80 Trillion in circulation ....how much of that would be held by us Dinarians.......?

NORV   Dave Since they increased the money supply as a result of the reduction in exchange rate (last Dec) and now that it takes more dinar to buy the same goods, my view is the majority of this money is on the streets in Iraq. Otherwise no reason to have such a descriptive article. It is also confirmed in the article...

NORV   From a different point of view, economic expert Hammam Al-Shamaa explains in an interview with Al-Alam Al-Jadeed that “the increase in the Central Bank’s sales of dollars comes due to the increase in the monetary mass, as it was 42 trillion dinars, before the Minister of Finance announced last year that he would not pay Salaries and lack of revenues, so he borrowed from the Central Bank about 37 trillion dinars.

He explains that "the total mass of cash rose to about 80 trillion dinars, and since this amount is in circulation, it turned to the demand for the dollar or the purchase of real estate, which caused the current rise in real estate prices in Baghdad and all of Iraq."

NORV   https://al-aalem.com/news/63420-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AA%D8%B1%D8%AA%D9%81%D8%B9-%D8%AA%D8%B9%D9%88%D9%8A%D9%85-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D9%8A%D9%81%D8%B4%D9%84

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Iraqi News Early Sunday 9-26-21