Zig’s Place Chatroom News Wednesday PM 1-26-22

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

Butterfly   Most Notably The Dollar .. Al-Maliki: The New Parliament Will Reconsider The Decisions Of His Former Counterpart

02/26/2022 | 11:47 AM   The representative of the coordination framework, Durgham Al-Maliki, confirmed, on Wednesday, that the new parliament will reconsider the decisions taken by the previous parliament, including raising the dollar exchange rate.

Al-Maliki said in a statement to “The Information”, that “the coordination framework is moving towards the return of the dollar exchange rate to its previous price and correcting the mistakes and lapses caused by the previous parliament.”

He added, “The financial abundance of the Central Bank, the stability of the economic situation in the country, and the high price of a barrel of crude oil make it imperative for us, during the upcoming sessions, to call on the government to reduce the exchange rate of the dollar against the Iraqi dinar.”

Al-Maliki pointed out that “the exchange rate remaining high is unjustified, and therefore the only Iraqi citizen who pays the price hike tax.”

In a previous statement, the representative of the State of Law coalition, Muhammad Al-Sihoud, criticized the policy of Mustafa Al-Kazemi’s government, stressing that it had failed miserably in various files. finished/ 25 h almaalomah.me

butterfly   Economist: Iraq May Get Half A Trillion Dollars Annually If It Is Linked To The Silk Road

01/26/2022 | 6:42 PM   Economist - Iraq May Get Half A Trillion Dollars Annually If It Is Linked To The Silk RoadInformation / special

Economic analyst Younis Al-Kaabi said, on Wednesday, that if Iraq agreed to the Silk Road project, it would generate revenues of more than $500 billion annually, while referring to the project, which would revive the entire economic aspect of the country.

Al-Kaabi told the agency, “Information”, that “the initiative put forward by China, which includes more than 64 countries, is not just a transportation road project, but a package of important economic projects such as transportation, tourism, and the establishment of industries and oil and industrial facilities,” noting that “the project also includes the construction of roads.” Fast, ports and transportation lines shorten the long sea routes that are now used by global maritime trade.”

He added, “Iraq has not yet taken a decision about its approval of the Silk Road project. If approved, it will not bear any costs related to the project, but the entire initiative will bear China’s high costs,” noting that “the volume of investment in the project is currently approximately $500 billion, and it is possible that Iraq’s revenues from revenues through transit will be much more than this number, because most of global trade will pass through Iraq.”

butterfly   Al-Kaabi explained, “The revenues of the Silk Road will be the first and main axis that enters Iraq, followed by oil, meaning that it will reduce its dependence on the oil side only,” stressing that “the project will revive the entire economic aspect of the country and even the country’s infrastructure will change to be compatible with China’s standards for the establishment of this road.” Global”.

The analyst concluded by saying, “China will try to transfer its industries and establish new industries to the countries that participate in this initiative to shorten costs and be at preferential prices, and thus provide many job opportunities in establishing this road and in the industries that follow it.”   almaalomah.me

butterfly   NORV tell me how "you" know that there is not going to be an RV of the dinar? WE all would like to know if you have an inside person in the Iraqi government that tells you there will be NO rv.

wdave1   butterfly Common sense says there will be no RV.

wdave1   Imposssible.

butterfly   Hi wdave1 I have no idea who you are and furthermore, my question was directed at NORV

wdave1   How much would oil cost coming out of Iraq?

wdave1   Im a truth teller.

Zig   We are trying to make this room "friendlier" so please refrain from calling anyone foolish....rather just state your views and agree to disagree without even "subtle" name-calling.... :Thankyou:

Zig   wdave1 : Hi...been awhile

wdave1   Zig People are still falling for this.

wdave1   Amazing.   Is it 19 years now?

Zig   NORV : Take it easy....an overnight RV seems far fetched to me....a float scenario seems likely but I am no know-it-all.....lol

Dave   NO RV......argggg

Zig   wdave1 : I do believe the Dinar will make people money but not overnight....so we differ

Dave   wdave1 Thanx fer your constant reminders

Zig   Dave : Easy buddy :Chillout: LOL

wdave1   Dave Im very seldom here.

Zig   wdave1 : is a friendly NAYSAYER....lol

Dave   same story.......

Zig   Dave : Yeah the rhetoric gets old and repetitive

Dave   I be friendly too....mostly.......LOL

Zig   Dave : Yup

Dave   Their be Naysayers and CBI.........

Dave   THERE

Zig   Dave : So you believe there can be a big change "overnight?".....I do not....

wdave1   Dave And the CBI has devalued the Dinar a couple times since I started watching it as I said it would.

Dave   IRAQI Govt has yet to do NODDA....recollecting Stability social economic and political as per CBI

Dave   Doubt I will change my rhetoric

Zig   Gets old rehashing the same stuff....lol....I don't care how I profit....hopefully we will in one way or another....I will hold on and wait....

Dave   Zig yeah rehashing wheel barrels does get old

Dave   A nickle does sound reasonable to start though

wdave1   If we double, or triple the value of money and labor in Iraq and the cost of a barrel of oil who is going to buy it when you can get it elsewhere cheaper?

wdave1   Thats it for today.

Dave   wdave1 What about increasing the purchasing power of the IQD?

Dave   wdave1 IQD......1/15 of a cent.......yippie

Dave   oops....1/1470 of a cent

Dave   let IRAQ compete with our very wealthy neighbours with all that chunky money once it goes global

Dave   not our but their

Dave   would get 1000x chunkier after deleting 3 zeros at the nominal rate?????????

Zig   Dave : What about the HUGE money supply?

butterfly   What fascinates me is people have been in this for a long time, forgot about it, put it on a shelf.............BUT some can't get over the idea that they have no sign of the RV but feel it necessary to come in here, and I'm sure other chat rooms, that it ain't gonna happen folks, so move on. Well my question to those, why haven't you moved on instead of going to chat rooms telling people they are stupid to still think it is going to happen.

Dave   Zig Kap has failed to show me CBI's money supply

Dave   Zig Pigs Fly....?cuz Kap says so?

Dave   Us Dinarians hold dinar........Federal Reserves will hold the old dinar fer 10 yrs......also

Zig   Well...we have two choices: Hold on or sell....simple....

Dave   Zig i prefer to read the actual news and Not be led down Rabbit holes

Dave   Zig Perchance you could ask Kap nicely to show CBi's money supply.....I keep asking no response

Zig   Dave : I thought he gave you a link...you had that discussion with him in here before, right?

Dave   Had nodda......just yadda yadda

Zig   @NORV: Can you provide proof of Iraq's huge (100 trillion?) money supply for Dave ?

Dave   Told me to do my own research

Dave  Zig SEE!!!   Adios KAP

Zig   Dave : I will email @Kap and if he sends me anything related to that I will email it to you....

Dave   FROM CBI......!!!

Dave   not from some economist who wishes to remain anonymous

Zig   :Oh jeez: You are hard to please....lol

Dave   Zig You suggesting i am making up my own narrative?

Zig   butterfly : Some of those naysayers have told me that they stick around chats because they are concerned about people losing money....and truly believe this is a scam....want to warn us....are they being sincere as far as their motives go??....   :Don't know:

Dave   Zig you have been around as long as I have.......I have provided numerous links paricularily direct from CBI......you seem to prefer those IMOs....LOL

Dave   but random gossip makes the World go around

Dave   Zig how could this be a scam......i could sell my Dinar today and recoup my money

Dave   bought in at 700 per million

Dave   sell on eBay fer more than that even today????? even with that devalue?

Dave   https://www.ebay.com/itm/234391555521?hash=item3692d34dc1:g:WXMAAOSwesFgy-P5

Dave   seems that I am still up ....lost nodda BUT ahead of that 8 ball

Dave   is that a scam???????

 

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