IQD CALLS Chat Sunday Evening 9-22-19
. IQD CALLS Chat Sunday Evening 9-22-19
Larrykn I was doing some reading and I came up with this that came out 5 yrs ago, thought it was interesting
larrykn Five Trillion Dinars in Circulation Now, Tlar Saleh
5 years ago by Iraq123 News Comments Off on Five Trillion Dinars in Circulation Now, Tlar Saleh
Tlar Saleh, the noted member of parliamentary finance committee of Iraq told that more than 4 trillion Iraqi dinar with the value of 250, 500 and 1000 are already in the circulation in the country.
The central bank of Iraq printed more than 5 trillion Iraqi dinars in the same value. Printing of these notes in the same quantity shows the clear policy of central bank of Iraq.
The central bank of Iraq will replace the whole amount of these denominate in the circulation. The four trillion dinars will be renewing with the new printed notes and remaining will be kept as left over for the economic back up.
According to media reports, these notes will be in circulations by the next of the week and people will be given a month to return back all old notes in the backs unless they will be banned after the specified date.
These notes will also not be accepted if they are torn, dirty, and written on the back or front. Central bank of Iraq is of the view that these notes will stabilize the currency of Iraq in the local and international market.
Tags: CBI, Five Trillion Iraqi Dinars, Iraq News, Iraqi Currency Circulation
IQD CALLS Chat Sunday Evening 9-22-19
Larrykn I was doing some reading and I came up with this that came out 5 yrs ago, thought it was interesting
larrykn Five Trillion Dinars in Circulation Now, Tlar Saleh
5 years ago by Iraq123 News Comments Off on Five Trillion Dinars in Circulation Now, Tlar Saleh
Tlar Saleh, the noted member of parliamentary finance committee of Iraq told that more than 4 trillion Iraqi dinar with the value of 250, 500 and 1000 are already in the circulation in the country.
The central bank of Iraq printed more than 5 trillion Iraqi dinars in the same value. Printing of these notes in the same quantity shows the clear policy of central bank of Iraq.
The central bank of Iraq will replace the whole amount of these denominate in the circulation. The four trillion dinars will be renewing with the new printed notes and remaining will be kept as left over for the economic back up.
According to media reports, these notes will be in circulations by the next of the week and people will be given a month to return back all old notes in the backs unless they will be banned after the specified date.
These notes will also not be accepted if they are torn, dirty, and written on the back or front. Central bank of Iraq is of the view that these notes will stabilize the currency of Iraq in the local and international market.
Tags: CBI, Five Trillion Iraqi Dinars, Iraq News, Iraqi Currency Circulation
http://www.iraqidinar123.com/five-trillion-dinars-in-circulation-now-tlar-saleh/
larrykn Iraq Said To Be Planning Currency Overhaul, Redenomination
June 24, 2011 16:03 GMT BAGHDAD -- A senior Iraqi Central Bank adviser says the government has adopted a two-pronged plan to restructure the national currency in order to facilitate large transactions and make government accounts more efficient, RFE/RL's Radio Free Iraq reports.
Mudhhir Muhammad Salih, a member of the bank's advisory panel, told RFE/RL on June 23 that in the short term, larger banknote denominations of the dinar would be issued to simplify major transactions.
He said that because so many Iraqis still dealt mainly in cash, it was cumbersome to carry bags full of money to pay for expensive items like cars. The inconvenience leads people making such purchases -- as well as many entrepreneurs -- to use dollars for those kinds of transactions instead of dinars, something the government wants to end.
He added that large denominations equivalent to around $100 would be issued to simplify major purchases, and new coins and lower denominations would be introduced for smaller transactions.
In the longer term, Saleh said a redenomination was needed wherein three zeros will be dropped so that the 25,000-dinar banknote -- currently the largest denomination -- becomes a 25-dinar note.
He said the change was inevitable, considering the economy is expecting high growth in the coming years with a planned increase in oil production to finance reconstruction projects.
Saleh said there were currently some 29 trillion dinars in circulation in Iraq, represented by some 6 trillion banknotes of various denominations, most of them quite small. He said this also caused complications for the Central Bank and government, as well as commercial accounting departments.
larrykn Saleh said the monetary-restructuring plan was drawn up with the help of foreign experts and financial institutions, including the International Monetary Fund, of which Iraq has ben a member since 1945.
The plan will soon be presented to the cabinet, which is expected to subsequently send a bill to parliament.
Saleh noted that until 1980 the Iraqi dinar exchange rate was 1 dinar/$3.3 compared to $1/1,168 dinars now due to hyperinflation that occurred during the latter part of the late ousted leader Saddam Hussein's reign. https://www.rferl.org/a/iraq_said_planning_currency_overhaul_redenomination/24245867.html
larrykn this was back in 2011 so , things have changed but the idea was still there
spankie 25000 = 25 = hmmm
spankie i think 58 bil in circulation before they got demonitized to 1166, that 58 bil in iqd now is worth around 58 tril in iqd now
larrykn spankie this came out in 2011 that was way after they went to I believe it was as low as 3000 iqd to $1
larrykn I was also reading that they said some of that money that is out there came from the CBI reserves that were stolen and was expecting to get some of that back
larrykn now I wonder who stole that money, hmmmm
WilderIran says they are ready for all out war. https://time.com/5683186/iran-us-tensions-saudi-oil-attack/
Doug_W Wilder yes and Sadam promised "the Mother of all battles" too but after taking a pouynding by B52 for 2 weeks they RAN to the Americans to give up
Baxter R WEE RICH YET
Baxter R THE DIMES A FLOWING
Baxter WANG DANG Has a call tonight.... He needs money
xyz Iraq receives an official invitation to participate in the World Economic Forum
https://alforatnews.com/modules/news/article.php?storyid=212518
The President of the Republic Barham Saleh, at his residence in New York, President of the World Economic Forum Klaus Shawalba, on Sunday, on the sidelines of the meetings of the United Nations General Assembly.
"The need to build a new economic order in the region that supports civil peace in all countries," the president said, stressing the need for the economy as a supporter of peace through the links created by the labor market. ".
For his part, Shawalba appreciated the president's economic orientations and expressed his hope for concerted efforts to create a positive economic environment for work.
Saleh received an "official invitation from the World Economic Forum to participate in the Davos Forum, and thanked Shawalba for this invitation." is over
Zig I would love to know how much some of the con artists out there make via donations.....
Baxter well... I know with PTR.. they gross about 40 grand a month... minus their exspenses
Baxter they have 2000 members.. at 20 bucks a pop
Baxter thats 40 grand.. I think
Baxter if my zeroes are correct
Matt Baxter Wow $$
Baxter yep.... thats awful close... course I dont know what their expenses are
Matt expenses are not 40k a month i know that
Sandyf @larrykn Five Trillion Dinars in Circulation Now, Tlar Saleh
People really need to understand the difference between currency in circulation and currency circulated. The CBI accounts show an amount in respect of their liability for currency in circulation which includes all currency such as bank deposits and out of the country.
The article is referring to circulated currency, do people really think that currency in bank accounts and out of Iraq gets worn out and damaged and in need of replacement.
As for the auctions, just part of the circulation mechanism.
One of the methods used to convert the USD income revenue into dinar to fund the budget. The 2019 budget was around 130 Trillion dinar, where does the money come from if not from converting USD to dinar.
Young_SC sandyf http://economy-news.net/content.php?id=17644
Young_SC In addition to the results achieved on the scope of monetary policy applications internally and convince global financial organizations, the most important official reports issued by them confirmed the success of the policy of the Central Bank to achieve an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy.
Young_SC Sandy F are you going to do a drive by with a response to the article i posted saying its a translation error or nah?
Young_SC https://www.mawazin.net/Details.aspx?Jimare=61023
Young_SC sandyf The "Finance Committee in the Iraqi Council of Representatives announced on Monday (19-August-2019) the" government direction to reinstate the currency and delete zeros from paper currency in order to strengthen the national economy
Young_SC Translation error or nah?
Jo Real Eyes, Realize, Real Lies!
xyz Jejeje https://dinarrecaps.com/our-blog/were-all-in-this-together-by-dr-dinar-9-22-19
Xyz Tebow 9-22-2019 Intel Guru RayRen98 Even though it's Sunday and MOST banks are closed up tight today...Some exchangers did report to their respective exchange center locations and have been working "on location" for seven straight days now, hmmmmmm?
A bank in Virginia was reported having a full parking lot and armed security officers escorting people to their cars as they exited the bank. Say What?
IQD CALLS Chat Early Sunday 9-22-19
.IQD CALLS Chat Early Sunday 9-22-19
Xyz Al-Sajri said that my national and legitimate duty obliges me to stand with the people of my people and redress their grievances.Therefore, I call on the Prime Minister, Dr. Adel Abdul Mahdi, the Supreme Council for Combating Corruption and the National Integrity and Financial Supervisory Authority to take their role and hold the corrupt to account instead of using the dead role of supervising “clinically”.
foxmulder I like that ! " the dead roll of supervising clinically " Lol
xyz Parliamentary committee talking about Iraq reaching the stage of economic recovery
BAGHDAD - Mawazine News Committee on the economy and investment in the House of Representatives, on Sunday, the visits of world delegations to Iraq guide the country's economic recovery.
The committee member said Mazen Feeli, " The visit international delegations to Iraq is a positive sign, and evidence that Iraq had reached the stage of economic recovery, and that the arrival of countries, capital and investors to him to set up an investment and major projects, it indicates that there is ."
"The economists of those countries saw in Iraq a safe and fertile environment to invest in," he said.
foxmulder Ya sure , everybody come and invest in Iraq . AL-Maliki needs more cash ...
Adviser to Prime Minister: Business volume with China will exceed 500 billion dollars
spankie thats real nice- our guys get killed in Iraq for maliki to plunder and china to move in an take the oil
Tebow spankie if you would have read the article it said 'the volume of business between Iraq and China will exceed 500 billion dollars in the next 10 years'. How is that stealing?
spankie our guys should be getting th contracts
IQD CALLS Chat Early Sunday 9-22-19
Xyz Al-Sajri said that my national and legitimate duty obliges me to stand with the people of my people and redress their grievances.Therefore, I call on the Prime Minister, Dr. Adel Abdul Mahdi, the Supreme Council for Combating Corruption and the National Integrity and Financial Supervisory Authority to take their role and hold the corrupt to account instead of using the dead role of supervising “clinically”.
foxmulder I like that ! " the dead roll of supervising clinically " Lol
xyz Parliamentary committee talking about Iraq reaching the stage of economic recovery
https://www.mawazin.net/Details.aspx?jimare=65891
BAGHDAD - Mawazine News Committee on the economy and investment in the House of Representatives, on Sunday, the visits of world delegations to Iraq guide the country's economic recovery.
The committee member said Mazen Feeli, " The visit international delegations to Iraq is a positive sign, and evidence that Iraq had reached the stage of economic recovery, and that the arrival of countries, capital and investors to him to set up an investment and major projects, it indicates that there is ."
"The economists of those countries saw in Iraq a safe and fertile environment to invest in," he said.
foxmulder Ya sure , everybody come and invest in Iraq . AL-Maliki needs more cash ...
Adviser to Prime Minister: Business volume with China will exceed 500 billion dollars https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=https%3A%2F%2Fwww.alsumaria.tv%2Fnews%2F-%2F319213%2F0&sandbox=1
spankie thats real nice- our guys get killed in Iraq for maliki to plunder and china to move in an take the oil
Tebow spankie if you would have read the article it said 'the volume of business between Iraq and China will exceed 500 billion dollars in the next 10 years'. How is that stealing?
spankie our guys should be getting th contracts
xyz Tebow 9-22-2019 Newshound Guru Kaperoni ...The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation.
All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong. Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV. No country can support 1 trillion in currency let alone 42.
they'll never significantly RV it's not possible...they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
spankie I will be dead and gone before Iraq gets a market economy-
spankie sam i am says the same thing as kap
larrykn Iraq records biggest increase in Middle East
Growth in the Iraq and Saudi projects markets lifts Gulf projects index by 0.3 per cent
Growth in the Iraq and Saudi projects markets resulted in the Gulf projects index rising by 0.3 per cent to $2.4 trillion for the week up until 2 August.
Iraq’s projects market recorded the biggest increase in the region, climbing by 1.2 per cent to $340.3bn.
The rise can be attributed to the launch of three new projects worth $725m and the revival of two projects on the planned Baghdad metro scheme, worth a combined total of $3.3bn.
The largest new project to be added to the index was Iraq’s $625m Nin https://www.thebaghdadpost.com/en/Story/43932/Iraq-records-biggest-increase-in-Middle-East
Larrykn Iran unveils new weapons in military parade https://www.thebaghdadpost.com/en/Story/43929/Iran-unveils-new-weapons-in-military-parade
larrykn Arab League condemns Karbala terrorist attack https://www.thebaghdadpost.com/en/Story/43928/Arab-League-condemns-Karbala-terrorist-attack
Andrewetoldthem anybody listen to currency 365 and most of all its compenient they sound so stupid sometimes idk how can that guy get repo op confuse with bailout to different names repo op from federal reserve its repurchase operation whos gaining their repurchase power?
and then they think an act of war mean they going to war i bet they was so mad when trump pompeo saudi arabia and our compenients say they preventing a war at this time and stay focus on the right thing and thats success they hear war at the end and start assuming its war time idk why they dont highlight the words they dont understand and check the meanings instead of looking stupid at all time an act of war mean when another countries reinstated and whos reinstated ?
An act of war is an action by one country against another with an intention to provoke a war or an action that occurs during a declared war or armed conflict between military forces of any origin. The loss or damage caused due to such conflicts are excluded from insurance coverage except for life assurances.
Andrewetoldthem As an instrument of monetary policy, the repo rate set by central banks allows governments to regulate money supply. A decrease in repo rates encourages banks to sell securities back to the government in return for cash, increasing money supply
Andrewetoldthem A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities. In the case of a repo, a dealer sells government securities to investors, usually on an overnight basis, and buys them back the following day.Jul 15, 2019
Andrewetoldthem well thats all i had to say we at the end a big united nations meeting going to happen this week before the education ministry to fulfil their govmn and we will win for the next years to come
Andrewetoldthem every time you hear dollars coming out of iraq that tell you they ready to be reinstated instead of them saying dinar all their agreements and stability is happening and now the education ministry is going to be fulfill completed and succeeded for them to move to the next step 4th quarter their 5 year contract with nasdaq begins on 10/1 them joinning world trade organization begins in 10/23 if you know your history remember kuwait bye have a great day its over your life going to fore ever change dont forget god and big thank you to trump his campaign and our great leaders for making this possible
Andrewetoldthem https://www.nasdaq.com/news-and-insights
Andrewetoldthem 22nd July 2019 in Investment
Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship.
As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.
Taha A. Abdulsalam, CEO, Iraq Stock Exchange, said:
“We are pleased to build on our successful partnership with Nasdaq. Using Nasdaq’s market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses.“
Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa, said:
“By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards. We look forward to supporting ISX as they continue evolving and innovating their marketplace.“
Andrewetoldthem written by me 4-5 gold trophy of best author going to be on my wall accomplishments the wall of knowledge god first wealth and riches before fame
Andrewetoldthem The shinning light under the tunnel
-Did you ever have that moment the same people that betray you play the victim
-Did you ever have that moment when every-thing seems dark and you had to be the light
- Did you ever have that moment when every-thing seems like it's falling a part but really was falling into place with-in time
- Did you ever have that moment when you feel lonely and empty in the inside and the same people you trust start to envy
- Did you ever have that moment when you pray and it seems like God not there you pray and pray and it seems like your prayer don't even Reach the air...
Did you ever have that moment?
The shinning light under the tunnel
Be that moment.......
Because God always there you just can't see it
Most people wait for signs even when it's clear you just can't read it
Be that moment.......
The shinning light under the tunnel.
written by: Maliky F. Dinero © right now, Andre Fequiere Mallky love • nature • pain • rhyme • christian
Andrewetoldthem same place 2pac wrote his poetry its all about who you know or who knows you i was 14 when the mayor dennis codere from montreal quebec wrote his first article about me street smart book smart gangster for life mob life legit with it https://allpoetry.com/Tupac-Shakur
Andrewetoldthem https://allpoetry.com/Swaggydhatt
Andrewetoldthem @sparky that power i was suppose to have in the same place and miami your was trying to take away from me god giving it back and legit this time i will for ever be wealthy and rich the last don we in control now i let you did everything i want it you to do to fall right into my trap then when the truth start coming out for you to have to explain yourself where you get your lies and false claims from smooth operator donald trump the same way
Andrewetoldthem now you going to learn you dont know a person when he only choose to show you what he want you to know
Andrewetoldthem thats where loyalty is tested if you grew up with the mob then youll understand its call mouse trap
Andrewetoldthem @Sparky Narcisse thanks for giving me more of the power i ever wanted now will be forever unstoppable will going to be super legit mob life we in control now 24 mob
Sparky Ireland 12, Scotland 3...Rugby World Cup...
Andrewetoldthem next time wait a little bit longer before betraying some one
A ndrewetoldthe mmouse trap thanks mice
Sparky Andrewetoldthem ...you da man... you mobster you...
Sparky Andrewetoldthem ...ms13 ?
Andrewetoldthem https://www.cbc.ca/news/canada/montreal/smooth-operator-the-denis-coderre-method-to-staying-in-power-1.4317578
Dave Sparky would not mess with the mob.....
Andrewetoldthem i love it iam what iam @sparky
Sparky ...mob life equals short life...not what my Savior advocates... oh well, carry on...
Andrewetoldthem Sparky #24MOB #TTG train to go smooth operator i was train and you fall right into it mice #MOUSE TRAP
Sparky Andrewetoldthem ...some monkeys belong in cages...
Larrykn I was doing some reading and I came up with this that came out 5 yrs ago, thought it was interesting
larrykn Five Trillion Dinars in Circulation Now, Tlar Saleh
5 years ago by Iraq123 News Comments Off on Five Trillion Dinars in Circulation Now, Tlar Saleh
Tlar Saleh, the noted member of parliamentary finance committee of Iraq told that more than 4 trillion Iraqi dinar with the value of 250, 500 and 1000 are already in the circulation in the country.
The central bank of Iraq printed more than 5 trillion Iraqi dinars in the same value. Printing of these notes in the same quantity shows the clear policy of central bank of Iraq.
The central bank of Iraq will replace the whole amount of these denominate in the circulation. The four trillion dinars will be renewing with the new printed notes and remaining will be kept as left over for the economic back up.
According to media reports, these notes will be in circulations by the next of the week and people will be given a month to return back all old notes in the backs unless they will be banned after the specified date. These notes will also not be accepted if they are torn, dirty, and written on the back or front. Central bank of Iraq is of the view that these notes will stabilize the currency of Iraq in the local and international market.
Tags: CBI, Five Trillion Iraqi Dinars, Iraq News, Iraqi Currency Circulation http://www.iraqidinar123.com/five-trillion-dinars-in-circulation-now-tlar-saleh/
larrykn Iraq Said To Be Planning Currency Overhaul, Redenomination
June 24, 2011 16:03 GMT BAGHDAD -- A senior Iraqi Central Bank adviser says the government has adopted a two-pronged plan to restructure the national currency in order to facilitate large transactions and make government accounts more efficient, RFE/RL's Radio Free Iraq reports.
Mudhhir Muhammad Salih, a member of the bank's advisory panel, told RFE/RL on June 23 that in the short term, larger banknote denominations of the dinar would be issued to simplify major transactions.
He said that because so many Iraqis still dealt mainly in cash, it was cumbersome to carry bags full of money to pay for expensive items like cars. The inconvenience leads people making such purchases -- as well as many entrepreneurs -- to use dollars for those kinds of transactions instead of dinars, something the government wants to end.
He added that large denominations equivalent to around $100 would be issued to simplify major purchases, and new coins and lower denominations would be introduced for smaller transactions.
In the longer term, Saleh said a redenomination was needed wherein three zeros will be dropped so that the 25,000-dinar banknote -- currently the largest denomination -- becomes a 25-dinar note.
He said the change was inevitable, considering the economy is expecting high growth in the coming years with a planned increase in oil production to finance reconstruction projects.
Saleh said there were currently some 29 trillion dinars in circulation in Iraq, represented by some 6 trillion banknotes of various denominations, most of them quite small. He said this also caused complications for the Central Bank and government, as well as commercial accounting departments.
larrykn Saleh said the monetary-restructuring plan was drawn up with the help of foreign experts and financial institutions, including the International Monetary Fund, of which Iraq has ben a member since 1945.
The plan will soon be presented to the cabinet, which is expected to subsequently send a bill to parliament.
Saleh noted that until 1980 the Iraqi dinar exchange rate was 1 dinar/$3.3 compared to $1/1,168 dinars now due to hyperinflation that occurred during the latter part of the late ousted leader Saddam Hussein's reign. https://www.rferl.org/a/iraq_said_planning_currency_overhaul_redenomination/24245867.html
larrykn this was back in 2011 so , things have changed but the idea was still there
spankie 25000 = 25 = hmmm
spankie i think 58 bil in circulation before they got demonitized to 1166, that 58 bil in iqd now is worth around 58 tril in iqd now
larrykn spankie this came out in 2011 that was way after they went to I believe it was as low as 3000 iqd to $1
larrykn I was also reading that they said some of that money that is out there came from the CBI reserves that were stolen and was expecting to get some of that back
larrykn now I wonder who stole that money, hmmmm
IQD CALLS Chat Saturday Evening 9-21-19
IQD CALLS Chat Saturday Evening 9-21-19
WPY "Those who can make you believe absurdities, can make you commit atrocities." ― Voltaire
WPY “There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” ~ Ayn Rand
WPY " When poverty declines, the need for government declines, which is why expecting government to solve poverty is like expecting a tobacco company to mount an aggressive anti-smoking campaign. " ~ STEFAN MOLYNEUX
WPY “Patriotism is often an arbitrary veneration of real estate over principles." ~ George Jean Nathan
WPY "Man is certainly stark mad; he cannot make a worm, and yet he will be making gods by the dozens." ~ Michel De Montaigne
WPY “We hardly find any persons of good sense save those who agree with us.” ~ François de La Rochefoucauld
I still say a church steeple with a lightning rod on top shows a lack of confidence. ~ Doug McLeod
Zig FYI: In August Sam I Am recorded a call with RamblerNash.....
Sam I Am Why is my call being posted?
Zig Sam I Am : Do you want it removed?.....I just happened to mention it to iqdcalls.....they did not know about it.....so they put it on the page with your prior calls.....
Sam I Am I don't mind. I was just curious.
Sam I Am I stand by everything I've said
IQD CALLS Chat Saturday Evening 9-21-19
WPY "Those who can make you believe absurdities, can make you commit atrocities." ― Voltaire
WPY “There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” ~ Ayn Rand
WPY " When poverty declines, the need for government declines, which is why expecting government to solve poverty is like expecting a tobacco company to mount an aggressive anti-smoking campaign. " ~ STEFAN MOLYNEUX
WPY “Patriotism is often an arbitrary veneration of real estate over principles." ~ George Jean Nathan
WPY "Man is certainly stark mad; he cannot make a worm, and yet he will be making gods by the dozens." ~ Michel De Montaigne
WPY “We hardly find any persons of good sense save those who agree with us.” ~ François de La Rochefoucauld
I still say a church steeple with a lightning rod on top shows a lack of confidence. ~ Doug McLeod
Zig FYI: In August Sam I Am recorded a call with RamblerNash.....if you have interest it can be found at https://www.iqdcalls.com/Iraq_Currency_Watch.html
Sam I Am Why is my call being posted?
Zig Sam I Am : Do you want it removed?.....I just happened to mention it to iqdcalls.....they did not know about it.....so they put it on the page with your prior calls.....
Sam I Am I don't mind. I was just curious.
Sam I Am I stand by everything I've said
Kaperoni Where is my pal Sam?
Doug_W Kaperoni he left just a bit ago
Kaperoni Bummer lol
Zig Kaperoni : Hey Kap.....check back later for an award I will be giving you....LOL..... :naNa
Kaperoni Can't wait
Zig Too bad Sam left.....oh well.....at least you two have civil discussions.....too bad others can't follow suit......
Kaperoni I was just thinking the other day all the people that have died that have on various sites that I've been on. Maybe my pizza is poisonous. Going back to Sam's friend, the guy who had dinardetectives, the guy who owned dinaralert.
Kaperoni I get along with Sam because he doesn't make up stuff. We disagree but a lot of that disagreement is because he doesn't really care or research.
Zig Sad....remember RCookie at Dinar Updates chat???.....he passed away a long time ago now.....was a great news hound......
Kaperoni We have a pizza wager me and Sam question if I should ever pay it if I lose because it might kill him just like the others
Kaperoni Oh yes I remember him that was another side I was on I must be getting paid from there too
Zig LOL
Kaperoni Site
Zig I used to drop by there once in a while.....BGG, another character.....lol
Kaperoni It was a sight many many years ago it was a spinoff from Dinar Vets I forget the name but the guy went to jail for selling fake hot tubs
Zig LOL
Zig Remember the BH Group?......also went to jail......
Zig That guy Rudy and his hedge fund.....I almost bought into that.....lol
Kaperoni Yeah I remember those guys I never really got involved with them because a lot of those guys would get together with all the gurus the sum powwow somewhere in the United States and I wouldn't participate in that nonsense
Kaperoni There used to be a time in this when the dinar dealers were flying the gurus in to their offices to build relationships. Total scam nonsense but I think a lot of that is stop now since several of them would have gone to jail
Zig That reserve scam?
Kaperoni Yeah that was a big one too
Zig I never bought a reserve
Kaperoni I think that one actually forced the US Treasury to change their currency dealer law
Zig Wow
Zig Been a circus....never have seen anything like this before.....
Kaperoni The scam that never ends you mean? LOL
Zig This investment has attracted so many con artists......
Kaperoni Yes
Zig Kaperoni : You realize that some people put you in that category......
Zig Comes with the territory
Kaperoni I think I tweeted the other day about all the con artist, that people listen to these gurus and have no idea where they have come from. From Breitling and unemployed construction worker, to frank26 a dishwasher, to TNT Tony the felon, the list is long
Zig See anyone who is well-known gets thrown into that group......
Kaperoni People that include me as a guru don't realize what I've done over the years and how long I've been in this and what my motives are. I have never just made up anyting. Everything I disgust is based on factual documentation or reports. There's a significant difference
Kaperoni Discuss
Kaperoni Stupid voice recognition
Zig Then you will get this kind of post by Whitelions....lol..................."Whitelions"
"Good Morning all, I see Kaperoni is screaming his float at the top of his voice hoping against all hope that some one will believe him ."
Kaperoni That's how I got into this whole mess years ago when okay old man was telling people that smaller denomination pictures were being printed I challenged him and he just kept telling me oh it's on another website. Of course that ended up being fake and not real just Okie nonsense
Kaperoni Apparently white lions is naive and doesn't realize that the guru sites monitor the chat rooms and Twitter and such and post my comments. And so she takes as it is if I'm out perpetuating the float when I've done none of the sort.
Kaperoni The other thing that irritates me is how often people take what I say out of context either because they didn't understand what I said or because they have their own motives such as Tebow
Zig Kap, all I know is you have been good for this chat room.....lol.....as people either like you or hate you.....
Kaperoni Yeah well I think I'm good Wherever I Go. Not to toot my own horn but at least I'm perpetuating factual information rather than Guru nonsense. A lot of people get hurt from those lies
Zig Okay, Kap.....nice chatting.....too bad some others don't want to chat.....see you later.....
Doug_W WHY would anybody hate another person for there opinion differences??
Zig Doug_W : Who knows
Kaperoni Doug you don't believe the people that send hate mail or threats it's crazy. But they don't want anyone to ruin their fantasy of overnight riches
Doug_W amazing~~
Doug_W even still,,,, HATE?
Zig Yes, Kap.....you are sticking your finger in their balloon......lol.....Bye......
Kaperoni Oh yes they still continue
Kaperoni Ok zig see you. We need to come up with a plan to make some money zig u and I. Lol
Kaperoni All right i will leave also. Have a good day everyone.
Doug_W Kaperoni tell Baxter to push that FLOAT button then
Kaperoni Someday when the conditions are right the CBI might do something. But right now there just having a difficult time maintaining the spread. Which could fall out of compliance after 16 months due to Iran which would really screw everything up and force them to start over again with the IMF on the compliance Iran is sucking a lot of money out of the CBI. I think the aucions are over 230 million a day and they usually where around 140. That's a lot of pressure on the CBI to maintain the spread
Doug_W WOW
xyz Kaperoni what is SOMETHING? Sell moonshine or LOP or RV or ...?
Kaperoni XYZ they'll never significantly RV it's not possible. It's all a myth Guru nonsense. But they could Lop or do what the IMF proposed which is float and in my opinion is the most likely due to the fact that they are working behind the scenes to create a market economy to create the conditions for a float.
Kaperoni But I don't know if the market economy / private sector is ever going to get off the ground with all the corruption
Kaperoni First of all t-ball if you're going to make up false stories about me at least get your facts right dinaralert charges 7.95 not 9.95. And people that know me know I have nothing to do with the website other than posting and hosting the conference calls.
Tebow So what is it today? Lop or gradual increase and something else?
Kaperoni The are both possible. If Parliament gets involved it'll be a Lop.
Kaperoni I don't promote anything I just discussed the services on the website as a favor to the owner during the conference calls call it whatever you want but that has nothing to do with me
Kaperoni Actually a lot of people do care because they want the truth they don't want the fake RV stories that aren't possible. There will never be a significant RV of the dinar ever
Kaperoni I'll always leave a simple carrot at the door. If anyone wants to prove how you can RV the currency when there's 42 trillion + dinar in circulation then I'm open ears.
But nobody to this day has ever been able to come up with a solution. Except for the gurus who lie and don't have anything factual to support their nonsense
Tebow you don't know how many dinars are in circulation so quit with your fake 42T
Kaperoni Tebow you can become a legend in your own mind by proving to the dinar Community how you can RV the dinar with 42 + trillion and circulation.
Tebow there you go 42T again, YOU DON"T KNOW!
Kaperoni Sure because the facts don't lie. The CBI publishes a quarterly report showing how much dinar, the IMF publishes a yearly report. And several news articles over the years have come out and told as well how much dinar is in circulation. All three of those add up to a pretty factual statement that 42 + trillion exists. And again nobody has proven once that that amount is wrong
Tebow only impossible to you with your old news
Tebow No facts, old facts, only facts that support my theory
Kaperoni Even if the 42 + trillion was wrong and it was say 10 trillion it's still too much money for Iraq to ever significantly RV.
Kaperoni No country can support 1 trillion in currency let alone 42. So either they raised it gradually and reduce the money supply. Or they Lop there are no other options
Tebow point is you DON"T KNOW how many are in circulation, how many the CBI holds. Over the years, that's good! LOL
Kaperoni Like I said I give you the benefit I'll a reducer to 1 trillion rather than 42 + as they have documented. They still can't afford it. LOL there will never be an RV pull your head out of your ass
Kaperoni Ok. I gotta go. Keep on dreaming.
Tebow Bye find some new articles that support your facts
Young_SC Kaperoni you honestly believe Iraq is going to let people know the true number in circulation??
larrykn looks like a lively conversation this morning
Young_SC Kaperoni can you please post an article from Iraq stating that the currency will not reinstate or RV
larrykn float or no float that is the ??
larrykn 42 trillion dinar , thats a lot of dinar
larrykn what happens when they remove those mean zeros
larry knhow long would it take to remove currency when they open up those E currency machines and do things electronically
xyz Kaperoni check what is in your LIPS jejeje not a liar like a 'pot calling kettle black'
Kaperoni Sure because the facts don't lie.
larrykn and then you will always have countries outside of Iraq that will keep a certain amount of Dinar on hand for exchange
Young_SC When Kap comes into this chat room xyz Tebow Can you please instruct him to post an article/statement from the country of IRAQ stating there is no such thing as an RV because of 42 t out in curculation. From the GOI or especially from the CENTRAL BANK OF IRAQ if he cannot post such words then do not entertain him
Dave no one bothered to ask kap about the auctions?
Dave all the dinar cbi takes in for usd?
Dave is all that dinar sitting in cbi still in circulation?
Dave oh yes Kap told me they stuff envelopes to pay employees,,,,,,,in cash ....so much for those Q cards
Tebow Dave all the dinar the CBI has can be wiped off the books in a second. Say they have 42T as Kap thinks. They Rv and wipe 41T they're holding. Leaving 1T. That 1T at Say 1USD is worth more than the 41T dinars they wiped off the books.
Dave that dinar belongs to cbi....they can have camp fires with it if they wish
Tebow 41T @ 1190 = 840336134 USD currently.
Dave 41 triilion printed ,,,,need not mean its all in circulation......CBI could be sitting on a huge chunk
Dave but kap states its being used to pay salaries
Dave CBI has been taking in about 4 trillion a month for months and months at the auction
PM Dave 41T @ 1190 = 840336134 USD currently.......you sure? thinking more like 30 some billion
Dave 1000billion in a trillion
-21-2019 Newshound/Intel Guru Mnt Goat ...I have said over and over again that the next step is to issue the smaller of the small category notes and coins (250,500 and 1000 already issued) and then to change the program rate by deleting the zeros. For instance, a program rate of .00083 will become .83 or 83 cents.
It will still remain pegged at the de-facto peg solely to the US dollar at this point, as it is today. ...Is this changing the rate? Yes... The goal of the CBI is to monitor the inflation rate after they make this next move. This could be 3 days, 3 weeks or 3 months. My take is it will be about a week... ;$$$
Baxter ONE WEEK..... WOO HOO
Dj 36billion
Dave Baxter like to see those coins
Dave Dj thanx
Baxter dimes..DIMES...dimes...DIMES
Dj If it's all in circ.
Wilder Dave i thought iraqis got their pay with Qi Card not with the actual dinar.
Wilder Dave iqcard. overcom
Wilder Qi.card. https://tribunecontentagency.com/article/iraq-banks-its-future-on-qi-card/
Dave Wilder good article......debunks what kap said.......
Dave so where all those notes going......?
Sparky Dave ...Iran...Shia brothers...
Dave Sparky kap told me to pay salaries in iraq not iran unless i misunderstood
Sparky Dave ...yes, to balance out necessary funding of ghost employees, and soldiers...via Iran...
Dave 4 trillion a month...........
Sparky Dave ...maybe half legit...imo...
Dave like imo.....?
Sparky Dave ... everything I write is imo...
Sparky ...bs or educated, you decide...lol... just having fun...
Dave so am i at your expense.......
Sparky Dave ...saw recent article about passing controversial laws in this legislative term...maybe FCL...or..."oil law "...plus, 5 more...
IQD CALLS Chat Friday Evening 9-20-19
.IQD CALLS Chat Friday Evening 9-20-19
Baxter HEY.. GUESS WHAT? WE GOT A NEW GUEST GURU: 9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?]
Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges.
So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
Zig "they are anticipating this revaluation…this reset is about to happen............
Zig Baxter : How many people out there do you think actually believe this??....from that new Guru......."They are anticipating this revaluation…..this reset is about to happen."
Tebow Zig Kap did say that when they bring out the LDs and coins they will LOP!
Tebow 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!!!!!!
Zig Tebow : No....he said IF they bring them out "now".....IF.....IF....
IQD CALLS Chat Friday Evening 9-20-19
Baxter HEY.. GUESS WHAT? WE GOT A NEW GUEST GURU: 9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?]
Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges.
So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
Zig "they are anticipating this revaluation…this reset is about to happen............
Zig Baxter : How many people out there do you think actually believe this??....from that new Guru......."They are anticipating this revaluation…..this reset is about to happen."
Tebow Zig Kap did say that when they bring out the LDs and coins they will LOP!
Tebow 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!!!!!!
Zig Tebow : No....he said IF they bring them out "now".....IF.....IF....
Tebow Zig He SAID - Of course coins will be used. When you LOP you need coins and small notes........his words
Zig @ kaperoni: please post and clarify exactly what you meant.....if you read today.....regarding a LOP.....read above...... :T-Y:
Tebow Zig I JUST POSTED WHAT HE SAID!!!
Zig KAPERONI.....CALLING KAPERONI......YOO HOO......LOL.....READ TWO POSTS ABOVE.....
Zig He said if there were a Lop.....then said he does not think there will be.....but let's see if he posts.....
Tebow Zig no he was asked about all the articles coming concerning the LD and coins and he said 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!!!!!!
20 Sep 19, 05:23 PM Tebow No 'if'
Portmagaland Tebow He did say thered be a lop if coins were used, I read his post yesterday.
Dave Doug_W yeppers...lol
Tebow Dave yes I posted his words above. Not hard to understand what was said.
Dave scrap metal worth much much more
Tebow soda/beer cans
Dave 1000 fils to buy that coke........
Dave or make change on that 25K note one used to buy that coke........
Dave Kap has never answered that question in all my yrs i have been asking
Zig "When you LOP you need coins and small notes"..............he meant in general......I know Kap pretty well.....he does not think it will LOP.......but said it was "possible" but not likely.......will wait for Kap to clarify.......
Zig Kaperoni: please reply about your thoughts regarding a possible LOP......Thanks.....
Zig Kaperoni Tweet yesterday: "I do not expect Parliament to ever pass a law to LOP the currency. But if Parliament was going to take any action it wouldn't be in our interest."
Dj I know most of you been doing this a long time, so sorry if my questions are repetitive, if the CBI revalues the dinar by dropping the 3 zeros, then exchanging the old dinar with new ones, then setting the valve to match a country like Kuwait, then the 42trillion in dinar that kaperoni was talking about would be 42 billion times the new rate?
Zig Suggestion: Relax and stop thinking so much about possible scenarios.....lol.....you will drive yourself crazy.....lol.....just "my" opinion...... ;chill
Kaperoni Whut? Lol
Zig Kaperoni : Hi....you are not a Lopster now, right???.....LOL
Kaperoni No lopster
Zig :T-Y:
Kaperoni I just said yesterday that there could never be a single overnight event because the money supply is too high. And if there was going to be a single overnight event it would have to be a lop in which Parliament would have to be involved
Kaperoni But if I am right and they float the currency to support the launch of the market economy then we'll see the dinar appreciate gradually over time and don't ask me how fast because it's directly related to how fast investors an investment come into Iraq
xyz Kaperoni and that's nuts
Zig SO KAPERONI DOES NOT BELIEVE IT WILL LOP.......
Kaperoni Dj seems new. Lots of education to come.
Zig Kaperoni : Sometimes less education is better in this.....lol......IMO
Zig You can get overwhelmed with all the garbage out there.....
Kaperoni One thing is for sure it's never going to happen like what the guru's say because they base their nonsense on made up stories and lies and nothing factual
Zig They make up stories to keep the donations coming in....etc.....to keep their flock......
Kaperoni I believe a LOP is possible though but as a last resort. Iraq has had a successful monetary policy for many years it is the last thing that they want to do but it is possible
Zig REPEAT: "Kaperoni" "I believe a LOP is possible though but as a last resort."......
Zig A LOP AS A LAST RESORT
Kaperoni Zig, that being said..a significant RV is NOT possible.
Portmagaland So.......... Did you guys see China cancel it's meeting today regarding the trade deal in response to Trump's new sanctions on Iran. This caused the DOW to drop late this afternoon and metals to go up. Meanwhile, Mahdi's in China making deals. It's getting interesting with all these moving parts that are connected......
Dj Kaperoni thanks, and yes new...
Portmagaland China has big plans for Iran with the New Silk Road and Trump shuts Iran out of the global financial system, thus trying to shut off China's business dealings with Iran. Plus, sounds like Iraq likes sleeping with Iran more than they like sleeping with U.S. These dynamics may .........
Kaperoni Ok have a good day. Free pizza on me today ;pizza;
Zig Kaperoni : Bye.....Take care.....
Portmagaland I would love to be a fly on the wall during Mahdi's and Xingqing Ping's meetings. You think China is encouraging Mahdi to lop or RI/RV?
Portmagaland Xi Jinping correction
Zig @Sam: Hi....too bad you missed Kaperoni.....your conversations are always "interesting".......
Sam I Am Yeah, they are
Sandyf @Kaperoni “In 1964, academics Bela Balassa, a Hungarian economist, and Paul Samuelson, a Nobel-Laureate economist, independently observed that countries with higher levels of productivity growth experienced rapidly rising real wages and so appreciating real exchange rates.
That may well be the case but history and reality have proven that "appreciating real exchange rates" have a finite value. You like facts so you must have a fact to support what that finite value would be.
The reality is that it would take a generation to appreciate under a float to create the return that people have been led to expect. I am not disputing what you say just the time factor.
The Thai Baht, the most rapidly appreciating currency of an emerging market has doubled in value over the last 15 years, that is a fact.
sandyf @Tebow Tebow How about the articles pushing the coins if they don't plan on using them
@Kaperoni Of course coins will be used. When you LOP you need coins and small notes
Iraq has been planning a redenomination for years but the plan has never made much progress. As part of the plan they must decide the format for the small denominations, coins, notes or a combination.
The plan need to be complete before it can be part of the Bill put before parliament. A redenomination cannot happen overnight and in the case of Iraq we all know how difficult it is to get anything approved, and once it is it would be something in the order of 18 months to 2 years to implement. One thing is certain it is not going to be anytime soon.
sandyf @Young_SC The Iraqi citizen would like to see his currency strong, so the process of raising zeros will contribute to the revaluation of the currency, and reduce the proportion of demand for hard currency, which is characterized by force, and will lead to a balance between the value of domestic and foreign currency and will give them market power at home and abroad,
It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing power $ 2400 instead of $ 1000 BURATHANEWS.COM8
So much for someone that claims to only listen to the CBI. This is an opinion piece and the first sentence says it all,"The Iraqi citizen would like to see".
You should try and understand rather than just quote "the process of raising zeros will contribute to the revaluation of the currency". Of course a redenomination will revalue the monetary unit, by changing the currency from one currency to another of a higher value.
sandyf @Baxter HEY.. GUESS WHAT? WE GOT A NEW GUEST GURU: 9-20-2019 Guest Guru Mike Cottrell
Cottrell has been around a very long time, just others have spoken for him in the past. Markz used to quote him years ago before he went quiet.
sandyf This is from a letter written by Cottrell in 2014.
I, MICHAEL C. COTTRELL, B.A., M.S., PRESIDENT OF PENNSYLVANIA INVESTMENTS, INC., LOCATED AT 1157 WEST 7TH ST., ERIE, PA 16502, DO HEREBY SWEAR AND AFFIRM THAT THE ABOVE INFORMATION IS TRUE AND FACTUAL.
FURTHER, I HAVE BEEN ASKED NOT TO PARTICIPATE IN THE "GURU" SITES SINCE MY POSITION DOES NOT INVOLVE PARTICIPATION IN THIS MATTER.
Portmagaland Oh, * I just heard Saudi Arabia and Isreal have a joint venture popping off. The just took out what sounded like a nuclear facility, tonight!
Portmagaland https://m.youtube.com/watch?v=ySR7aEGVozc
Portmagaland First ever joint venture by these two countries who share a common enemy. Paul.Begley, who is a pastor/minister reporting this in that link three hours ago.
Portmagaland Wasn't a nuclear facility, it was some kind of military base near the IRAQI border.
Portmagaland U.S. supplied air cover and refueling for Isreal and Saudi Arabia to carry out the attack.
Portmagaland We are sending troops to Saudi Arabia doesnt sound good.
Portmagaland https://m.jpost.com/Middle-East/Saudis-Israel-attack-pro-Iran-militias-on-Syria-Iraq-border-report-602210
Portmagaland Paul Begley was reading that article.
Portmagaland https://m.youtube.com/watch?v=gGWeJVbKU28 That's The Money GPS talking about the Fed dumping $75 Billion a day into banks until 10/10/2019. I'm going to pretend it's for us as I go to bed. Good night.
IQD CALLS Chat Early Friday 9-20-19
.IQD CALLS Chat Early Friday 9-20-19
chattels Wednesday, September 18, 2019
Iraq Oil Exports Increase As Country Violates OPEC Quotas
chattels IRAQ MONEY MARKET ANOMALIES: FLAWS FOR IRAN TO CIRCUMNAVIGATE SANCTIONS
Posted by Iraqi Thoughts | Aug 19, 2019
supplied by the Central Bank of Iraq (CBI) to maintain the value of the Iraqi Dinar (IQD).
Consequently, CBI’s pegged exchange rate system does not work effectively. Chronically, CBI has been and is still injecting into the Iraqi market an average of $140 million to $160 million Dollars per day through currency auctions.
Only a few licensed financial institutions have the privilege to participate in these auctions, which has given these oligarchies power and leverage in determining IQD value in the local money market. These licensed entities can determine the Dollar value in IQD by controlling the supply of Dollar.
Stashes of CBI Dollar ends up in their coffers and they will decide whether to channel it into circulation or keep hold of it. Thus, IQD experiences instability in its value due to the gap between the official and unofficial value of the Dinar.
xyz China Just Got Handed The Oil Deal Of A Lifetime
larrykn as per chattels post above , this is one thing that always bothered me. If they get rid of the auctions with all the money they make on it , what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap. O
larrykn ooops :)
Doug_W we will have to fall back on our old stand by Larry "we wait" to see
larrykn I'm not sure how that will work out . to me they need a rate that they can compete with the world other wise the system will just not work. not when companies come in to do business with them.
larrykn Your right Doug :)
IQD CALLS Chat Early Friday 9-20-19
chattels Wednesday, September 18, 2019
Iraq Oil Exports Increase As Country Violates OPEC Quotas http://musingsoniraq.blogspot.com/2019/09/iraq-oil-exports-increase-as-country.html
chattels IRAQ MONEY MARKET ANOMALIES: FLAWS FOR IRAN TO CIRCUMNAVIGATE SANCTIONS
Posted by Iraqi Thoughts | Aug 19, 2019 http://1001iraqithoughts.com/2019/08/19/iraq-money-market-anomalies-flaws-for-iran-to-circumnavigate-sanctions/
chattels These agencies constantly siphon out Dollars supplied by the Central Bank of Iraq (CBI) to maintain the value of the Iraqi Dinar (IQD).
Consequently, CBI’s pegged exchange rate system does not work effectively. Chronically, CBI has been and is still injecting into the Iraqi market an average of $140 million to $160 million Dollars per day through currency auctions.
Only a few licensed financial institutions have the privilege to participate in these auctions, which has given these oligarchies power and leverage in determining IQD value in the local money market. These licensed entities can determine the Dollar value in IQD by controlling the supply of Dollar.
Stashes of CBI Dollar ends up in their coffers and they will decide whether to channel it into circulation or keep hold of it. Thus, IQD experiences instability in its value due to the gap between the official and unofficial value of the Dinar.
xyz China Just Got Handed The Oil Deal Of A Lifetime
https://www.zerohedge.com/geopolitical/china-just-got-handed-oil-deal-lifetime
larrykn as per chattels post above , this is one thing that always bothered me. If they get rid of the auctions with all the money they make on it , what are they going to replace it with when they stop the auctions and having a rate that starts at where it is now and has to take at least a year to get to a rate that they can compete with the world as per Kap. O
larrykn ooops :)
Doug_W we will have to fall back on our old stand by Larry "we wait" to see
larrykn I'm not sure how that will work out . to me they need a rate that they can compete with the world other wise the system will just not work. not when companies come in to do business with them.
larrykn Your right Doug :)
Larrykn Pentagon to send antimissile batteries, jet fighters to Saudi Arabia
The Pentagon is considering sending additional antimissile batteries, jet fighters and surveillance capabilities to Saudi Arabia, U.S. military officials said.
It will do that to support the military presence in fighting against the attack last Saturday on Saudi Arabia’s petroleum industry.
The measures under consideration also include a commitment to maintaining the presence of a U.S. aircraft carrier and other warships in the Middle East for the foreseeable future, the officials said, according to The wall Street Journal.
The extra force would be meant to show heightened resolve and to bolster defenses following Saturday’s strikes, and is under consideration as President Trump also is weighing options for a response to the attack, which U.S. officials charge was carried out by Iran.
Military officials at U.S. Central Command, which oversees operations in the Middle East, planned a series of meetings Thursday and Friday among midlevel officials and deputies to Marine Gen. Frank McKenzie, who leads the command, defense officials said. https://www.thebaghdadpost.com/en/Story/43901/Pentagon-to-send-antimissile-batteries-jet-fighters-to-Saudi-Arabia
Zig Sparky used the word "logorrhea" a few times.....had no idea what that verbose electrician meant.....as it turns out it means to be extremely talkative.....so he was describing himself...... ;phone:
Zig You buy Dinar as a speculative investment....really nothing else to do other than hold it or sell it....as is the case with any other investment.....you can check the exchange rate from time to time as well....nothing else that you have to do....so everything else is indeed just a "show"......means nothing really.....
Dj Reading and watching info on dinar for last couple weeks, I'm very new.. I'm confused on some ppl talking about dropping the 3 zeros. As in, if they do drop, do they have to exchange old currency for new?
Dj I realize there are many different ways all this could go down, if it happens.
Zig Dj : My advice would be to not worry about all the different opinions out there.....nobody knows how this SPECULATIVE venture will turn out for us.....
Dj Agreed, just lots of things linning up, and hoping for the best
Dj I mostly gather info from ur iqd call post on twitter and ktfa, and the little info I can find on the web.
Dj Didnt know anything of the dinar till had a client come in with a plan to do lots of building if his investments paid up...
Doug_W sounds very familiar
Dj Where does Zig opinion sit as far as other sites saying some tiers are getting paid already? T 4a may happen this weekend? Just trying to pick ur brain.
Dj , it cant be all disinformation, right. Something has to happen or all the contract from diff countries to do stuff in iraq wouldnt be happening....
Doug_W Silver:$18.02
Dave Imf the trustee for Iraq....?
Zig Dave : Come on!.....lol....Kap is not that bad.....Jeez.....
Dave if you like wheel barrows
Zig Dave : Kaperoni is far from negative....he does like this investment....
Zig Someone posted that Kaperoni now thinks it will LOP......LOL.....Not true.....he said it was possible but not likely......does not think it will LOP......
Dave Yes his way not CBIs
Zig Dave : What does it really matter??.....lol.....Kap has no influence as far as what will happen
Young_SC Dave not sure if anyone else noticed besides Tebow when kap stated when they bring out lower denom notes and coins it then the currency will Lop. Then he says no it will float to appreciate in value then he says there is no such thing as Iraq bringing out coins or lower denoms
Young_SC Need i say more?
Zig Don't let anyone bother you!!....Jeez.....lol
Young_SC Come on man
Zig I listen to a lot of different people.....some are researchers......I take it all with a grain of salt.....some of it is interesting.....much of it is opinion.....big deal............
Young_SC I dont need to say anything else regarding Kap
Young_SC Zig just scroll up read what i typed and ask yourself is that a person of good knowledge?
Zig None of those people have any influence as to what will happen for us.......
Young_SC Zig yes i know but at the sametime its comical because im not sure kap understood his statement
Zig But when someone has spent years researching this I am curious to hear what they have to say...............
Young_SC Float? LOP? Which is it Kap????
Young_SC I rest my case
Zig Young_SC : He said it could LOP but highly doubts that will occur....
Young_SC Zig you have to remember the CBI is bringing out lower denoms and coins as per articles 3 weeks ago
Young_SC So i guess its a LOP for Kap
Young_SC https://www.mawazin.net/Details.aspx?Jimare=61023
foxmulder Zig I am sure you have been researching this also and read just about everything there is . I know I have ! 14 yrs .... I had enough opinions how this will all finish . Kap , sandy & sam have it all figured out apparently .
Zig But in the end you will forget about all this chatting.....maybe while counting your riches or maybe while crying about the outcome.....lol
Young_SC The Iraqi citizen would like to see his currency strong, so the process of raising zeros will contribute to the revaluation of the currency, and reduce the proportion of demand for hard currency, which is characterized by force, and will lead to a balance between the value of domestic and foreign currency and will give them market power at home and abroad,
It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing power $ 2400 instead of $ 1000 BURATHANEWS.COM8
Zig I am hopeful but not counting my chickens just yet....
Young_SC https://www.radionawa.com/all-detail.aspx?jimare=14065
Young_SC Zig how many articles do i have to post lolol
Young_SC Stating what Iraq wants to do
Baxter HEY.. GUESS WHAT? WE GOT A NEW GUEST GURU: 9-20-2019 Guest Guru Mike Cottrell [via PDK] [Many people are asking about the 275 billion the Fed has sunk into the overnight lending markets this week...What are your thoughts on this?]
Basically the banks are not liquid and My thoughts are they anticipating this revaluation…this reset is about to happen...I see this as the banks have no cash that they need to pay out for the exchanges.
So they hit the Fed up for cash to pay us…to pay out so it’s not on their balance sheets…it’s on the Fed’s. They have been hitting the Fed for the last 3 days and I feel they will hit them up for more so they can pay out all the SKR’s and contract needs. It’s another way to force the issue.
IQD CALLS Chat Thursday Evening 9-19-19 Part 2 of 2
.IQD CALLS Chat Thursday Evening 9-19-19 Part 2 of 2
tman23 Reading some Guru ... the beat goes on and Kap still preaching to the empty seats One day the highly educated entrepreneur will move on to something that will begin to pay off ... 10 years on every site 24/7 waiting on something that won’t happen overnight That makes sense , RIGHT ...
I have not posted since May which I shared that a new CBI governor was said to be expected to be seated by 9/28 .. nothing happens until the Iranian is removed .. if Alak is still in CBI governor position going into October .. NO CURRENCY CHANGE will happen and that is the only thing you can plan on taking to the bank
I was told 9/28 back in May .... and I posted that some Iranian rockets were in southern Basra .... some smug replies on that news then ... but soon will find out what hit the Saudi oil fields and from where ....
but no worries , businesses are knocking down the door to get in Iraq, just need a few laws passed .... yep that’s it ... LMAO... same ole * ...
Dave Sparky think about that
Dave Saudi Arabia could have staged it...they are good at funding terrorism
Sparky tman23 ...3:1...?
Sparky Dave ... not likely...
Dave drives up the prices though
Dave and replaces all that old equipment
tman23 Iran said they had nothing to do with it ... nuff said , matter closed .... they are very religious and men of their word ....
Portmagaland tman23 I concur with your logic.
Sparky Dave ... Saudi was facing south towards Yemen. ..attack came from east... Iran...
Dave Sparky and?
Dave Could of funded the wrong terrorist group
Sparky Dave ... Iran going bust... throwing every punch they can, before their inevitable fall...
Dave Plenty of them and other militias in Iraq
Dave just trying to spin something
Sparky Dave ...yup...
Dave Saudi have nothing to yet say.....
Davethat is strange
Sparky Dave ... Israel will take care of their light work...
Sparky...MI6...
IQD CALLS Chat Thursday Evening 9-19-19 Part 2 of 2
tman23 Reading some Guru ... the beat goes on and Kap still preaching to the empty seats One day the highly educated entrepreneur will move on to something that will begin to pay off ... 10 years on every site 24/7 waiting on something that won’t happen overnight That makes sense , RIGHT ...
I have not posted since May which I shared that a new CBI governor was said to be expected to be seated by 9/28 .. nothing happens until the Iranian is removed .. if Alak is still in CBI governor position going into October .. NO CURRENCY CHANGE will happen and that is the only thing you can plan on taking to the bank
I was told 9/28 back in May .... and I posted that some Iranian rockets were in southern Basra .... some smug replies on that news then ... but soon will find out what hit the Saudi oil fields and from where ....
but no worries , businesses are knocking down the door to get in Iraq, just need a few laws passed .... yep that’s it ... LMAO... same ole * ...
Dave Sparky think about that
Dave Saudi Arabia could have staged it...they are good at funding terrorism
Sparky tman23 ...3:1...?
Sparky Dave ... not likely...
Dave drives up the prices though
Dave and replaces all that old equipment
tman23 Iran said they had nothing to do with it ... nuff said , matter closed .... they are very religious and men of their word ....
Portmagaland tman23 I concur with your logic.
Sparky Dave ... Saudi was facing south towards Yemen. ..attack came from east... Iran...
Dave Sparky and?
Dave Could of funded the wrong terrorist group
Sparky Dave ... Iran going bust... throwing every punch they can, before their inevitable fall...
Dave Plenty of them and other militias in Iraq
Dave just trying to spin something
Sparky Dave ...yup...
Dave Saudi have nothing to yet say.....
Davethat is strange
Sparky Dave ... Israel will take care of their light work...
Sparky...MI6...
Portmagaland Dave We are dumping the petro dollar and going a different direction, so Saudi and those that need their oil need to throw on their big boy pants. Enough Americans have died over their to include two of my Army buddies.
Portmagaland Sparky Did Netanyahu lose the election. He cancelled his UN speech
Portmagaland That's another dynamic that effects the ME
Sparky Portmagaland ... no, now talking shared leadership...
tman23 Iran has internal issues where sanctions are creating uprisings BIG TIME which are not being shown on television.... they want someone to retaliate against them so they can unite holy jihad and loot their neighbors under the guise of chaos ....
Yet France offers a 15 billion line of credit with strings attached .... all the Big Iranian billionaires have had their funds frozen in world banks ... things are getting really tight in Iran ...
Portmagaland But Kushner is Netanyahu' BFF
Sparky tman23 ... agree..
Portmagaland tman23 Rumor in Q community is Trump is getting rid of the deep state CIA blacksmith OPs in Iran. Obama loaded them up with pallets of cash before he left office. Maybe some of this Obama cash was tied into the Malaki plan. Afterall, Maliki was throwing Obama under the bus a few months ago. Malaki leaned towards Iran didnt he? So, it shouldn't be a surprise to anyone here, no?
Portmagaland Black sites
Sparky Portmagaland ... hear ya...
tman23 i believe Trump is a time traveler... or a actual true genius guru.... guy just sets it up and is 10 steps ahead of the opposition.... just unreal !!
Portmagaland tman23 There's something unique about Trump for sure and those books from 2890' about Baron Trump and the comics from the early 90s that 365 discussed regarding Trump getting his wall is fantasy level.
Portmagaland 1890s
Sparky Portmagaland ...and how about Tesla chronicles...
Portmagaland https://thefederalistpapers.org/us/1800s-books-on-baron-trump
Portmagaland In addition to the Baron Trump book that same author wrote a book called the Last President
Portmagaland Sparky Yeah, there's something here some say its predictive provraming.
Portmagaland SNOOPS, haha, said it's mostly true on the books.
Portmagaland The book names the Trump Plaza address
Sparky Portmagaland ... interesting... your previous hypertext no longer available...hmmmmm...
Portmagaland https://thenib.com/this-comic-from-1990-accidentally-predicted-trump-s-wall
Portmagaland That's the comic book and SNOOPS says it's TRUE, wow, SNOOPS gained a little credibility by finally telling the truth
Sparky Portmagaland ...". Predictive programming... wow... that's a mind f...
Sparky Portmagaland ... brain washed all these years...and, still in a fog...
Portmagaland Sparky So, true.
tman23 Obama was a blundering joke as was Biden .... really does anyone think other world leaders in Middle East or Russia or China take an African Kenyan serious....
you could drive a Kia Soul and have empty seats if you were looking to pick up Africans in these countries .... and if a woman became USA president none of these countries deal with or give women rights ..... Obama and Biden just enriched themselves nothing more ....
Sparky Portmagaland ...go to work, pay your taxes, and don't become a useless eater... you'll be fine...
Portmagaland Sparky Nope, they want to tell us how to live our lives, tell us what to eat, flood our neighborhoods with lawless thugs, give the thugs guns, while they take ours. We are in a full blown civil war, it's that simple.
Sparky...world, according to ...1964...
Sparky Portmagaland ... George Orwell...
Sparky... big brother...
Sparky...19 some timeline...
Sparky Portmagaland Jefferson rings a bell, as does Lincoln...
Sparky Portmagaland ...take up arms against government, if need be...
Sparky Portmagaland ... why is the government buying all the bullets...?
Sparky... again, there goes my logorrhea...
Portmagaland They are going after rural America saying that they need to take their guns and the reason for this is Agenda 21, but they aren't going to make that timeline, so they call it 2030 now.
Portmagaland We have thousands of African migrants at the mexican border now demanding that we let them in. Most are military age fighting men.
Portmagaland They want to get everyone out of rural America and push everyone into cities to live Asia style
Sparky Portmagaland ... defense less against uncle...?
Portmagaland It's all laid out in Agenda 21. Common Core in schools was no accident they dumbed us down for a reason, while pushing the transgender agenda on our kids. If you dont go along g with their program they label you a racist, xenophobe, homophobe and so on.
Portmagaland It was all part of Bush Sr.'a New World Order Speech and the Clinton's and Obama's towed that line. That's why the people who voted for Trump voted for him because he is supposedly against this gameplan.
Sparky Portmagaland ... wow dude, your pretty sharp...
Sparky Portmagaland ...50 year game plan...red book...?
Portmagaland Sparky I was reading about the FEMA camps, the billions of hollow points the Homeland security purchased the human cattle trains equip with chains and guillotines long before Trump got elected. So, no way in heck I was voting for anybody greenlighting that.
Portmagaland Sparky If Trump isnt who he says he is, we are all screwed.
Portmagaland They will come in the middle of the night, while we are sleeping, kick in our doors, confiscate our goods and possibly do harm to our women.
Sparky Portmagaland ... strange days indeed...momma told me... there will be days like this...
Portmagaland That's the reason they need all the foreigners here because Americans wont do this.
Sparky Portmagaland .. Americans are lazy..
Portmagaland Sparky The school want to get my 2nd grader dialed into this GOOGLE curriculum wanting me to sign a release form saying GOOGLE can save my daughters report cards and all her activity using GOOGLE programs, I said no because GOOGLE has no business tracking second graders.
Sparky Portmagaland .. do your 40 hours, grab a six pack, and watch TV...but, make sure you pay your taxes...
Portmagaland I got an email from her teacher saying my daughter does similar writing assignment work that the other kids are doing on the computer.
Sparky Portmagaland ... Strange days indeed..
Portmagaland Sparky With their Basic Income Allowance they want to implement, there will be no six packs as everything will be rationed
Portmagaland No vacations, no sports or activities for the kids, no dreams.
Sparky Portmagaland ... ok, brain washed them with a poverty mindset...
Portmagaland Sparky They controlled them
Portmagaland They want to control all of us
Sparky Portmagaland ... the epudimy of sad...
Portmagaland Sparky I grew up in poverty, no thanks, I dont want to go back.
Sparky Portmagaland ...me too bro...but, I'm youngest of 5... siblings made my life easier... I m the baby...lol...
Sparky Portmagaland .. had an V entire second floor to myself, to study and learn... apartment at 10... brother waited on me hand and foot... brother 82nd...
Portmagaland Sparky Yeah, sucks, I dont want my daughter to not have dreams or any kids. That's why I like this dinar thing it allows us to dream
Sparky Portmagaland .. 3 years older, and had my back...
Portmagaland Sparky I'm the oldest and I had their backs
Portmagaland Sparky They thank me on fathers day
Sparky *has
Sparky Portmagaland ... I m almost 60, he still does...
Portmagaland Sparky Anyways, I hope X22 is not a psyop. He stated today there will be debt forgiveness because the Trump team, which is really the military, who put Trump in office, is going to wash away the debt by proving that the fed is fraud.
Portmagaland Sparky That's good
Sparky Portmagaland ...if I could only be, half the man he is...
Portmagaland Sparky Did you see the government are charging JP Morgan with RICO and under RICO if found guilty they can confiscate JP Morgan's assets, which includes the largest holding of silver.
Portmagaland Sparky It sounds like this is their angle.
Sparky Portmagaland ... not likely.. JP rules...
Portmagaland Then reappropriate the silver back to Americans
Sparky Portmagaland ... ain't gonna happen.
Sparky Portmagaland JP rules since Reagan...
Sparky ... fact...
Sparky Portmagaland ...and, you can take that to the bank...
Portmagaland Sparky I'm going to pass and hold out hope, just like I do for the dinar that JP goes the way of Bear Sterns.
chattels Wednesday, September 18, 2019
Iraq Oil Exports Increase As Country Violates OPEC Quotas http://musingsoniraq.blogspot.com/2019/09/iraq-oil-exports-increase-as-country.html
chattels IRAQ MONEY MARKET ANOMALIES: FLAWS FOR IRAN TO CIRCUMNAVIGATE SANCTIONS
Posted by Iraqi Thoughts | Aug 19, 2019 http://1001iraqithoughts.com/2019/08/19/iraq-money-market-anomalies-flaws-for-iran-to-circumnavigate-sanctions/
chattels These agencies constantly siphon out Dollars supplied by the Central Bank of Iraq (CBI) to maintain the value of the Iraqi Dinar (IQD).
Consequently, CBI’s pegged exchange rate system does not work effectively. Chronically, CBI has been and is still injecting into the Iraqi market an average of $140 million to $160 million Dollars per day through currency auctions.
Only a few licensed financial institutions have the privilege to participate in these auctions, which has given these oligarchies power and leverage in determining IQD value in the local money market. These licensed entities can determine the Dollar value in IQD by controlling the supply of Dollar.
Stashes of CBI Dollar ends up in their coffers and they will decide whether to channel it into circulation or keep hold of it. Thus, IQD experiences instability in its value due to the gap between the official and unofficial value of the Dinar.
xyz China Just Got Handed The Oil Deal Of A Lifetime
https://www.zerohedge.com/geopolitical/china-just-got-handed-oil-deal-lifetime
China and Russia are sewing up whatever oil and gas fields and accompanying infrastructure that they can in Iran and Iraq, as Iraq tries to markedly up the pace of development on the fields it shares with Iran.
Iraq only wants the U.S. for the Common Seawater Supply Project (CSSP) because ExxonMobil is the only firm that can do it properly and within a reasonable timeframe. ExxonMobil’s participation, though, is far from guaranteed.
xyz Now Kap can float on the deal
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.
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...
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...
IQD CALLS Chat With Kaperoni Early Thursday 9-19-19
.IQD CALLS Chat With kaperoni Early Thursday 9-19-19
Baxter Good Morning Dinarland.... My Dimes may turn into quarters.... (spinning dimes & quarters)
Baxter I might have to go down to a nickel.. Dimes aint working at all
Zig Those spinning coins are getting so boring and repetitive......Jeez....can't you see that??.....Think of something new......be creative......
spankie but bax , they keep discussing monetary change -- for how many years?
Baxter 14 that I know of
spankie pics of dollars
Zig I have invited "MarkZ" to join us....
Zig Would be interesting if he came....but I doubt that he will......
Chattels BAGHDAD / NINA / A member of the Parliamentary Committee for Economy and Investment Riyad al-Tamimi said: "Iraq wasted more than 4,000 infrastructure projects during 6 years caused waste more than 200 trillion dinars.
chattels 200 billion dollars. About 1/3 of their total budget for the past 6 years.
chattels BAGHDAD — Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per day from Iraq's Kirkuk fields to the Turkish border.
"The Iraqi government is now examining tenders for the new oil pipeline between Iraqi and Turkey, after having finished with the engineering and technical studies," Iraqi Ministry of Oil spokesperson Assem Jihad told Al-Monitor recently. He added that construction will probably get underway in 2020.
chattels Look at the photo showing the massive flaring from the well heads. What a waste. Talk about environmental impact.
Chattels Iraqi PM Abdel-Mahdi: we have reached an agreement with Erbil on the administration of Kirkuk. We have cut Kurdish Region’s portion of national budget because it is not giving us 250K barrels of oil daily
IQD CALLS Chat With kaperoni Early Thursday 9-19-19
Baxter Good Morning Dinarland.... My Dimes may turn into quarters.... (spinning dimes & quarters)
Baxter I might have to go down to a nickel.. Dimes aint working at all
Zig Those spinning coins are getting so boring and repetitive......Jeez....can't you see that??.....Think of something new......be creative......
spankie but bax , they keep discussing monetary change -- for how many years?
Baxter 14 that I know of
spankie pics of dollars
Zig I have invited "MarkZ" to join us....
Zig Would be interesting if he came....but I doubt that he will......
Chattels BAGHDAD / NINA / A member of the Parliamentary Committee for Economy and Investment Riyad al-Tamimi said: "Iraq wasted more than 4,000 infrastructure projects during 6 years caused waste more than 200 trillion dinars.
https://ninanews.com/Website/News/Details?key=788207
chattels 200 billion dollars. About 1/3 of their total budget for the past 6 years.
chattels BAGHDAD — Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per day from Iraq's Kirkuk fields to the Turkish border.
"The Iraqi government is now examining tenders for the new oil pipeline between Iraqi and Turkey, after having finished with the engineering and technical studies," Iraqi Ministry of Oil spokesperson Assem Jihad told Al-Monitor recently. He added that construction will probably get underway in 2020.
chattels Look at the photo showing the massive flaring from the well heads. What a waste. Talk about environmental impact.
Chattels Iraqi PM Abdel-Mahdi: we have reached an agreement with Erbil on the administration of Kirkuk. We have cut Kurdish Region’s portion of national budget because it is not giving us 250K barrels of oil daily. LINK
Zig Young_SC : I have invited a lot of different people....so people could challenge them and ask tough questions, etc.....
Zig There is no other place where you can confront those people and question their credibility.....like you do with Kaperoni.....
Zig However, most will not come here as they know they will be confronted......
Young_SC Zig That is true
Zig You have to give Kaperoni credit for even coming in here at all......lol
Zig as he is constantly attacked.....yet he keeps coming back for more......lol
Zig This is an open chat room....we do no screening.....everyone is welcome to express their views, whether positive or negative....or indifferent.....
Zig Look, we welcome people like Jeff to come in here.....hopefully people can ask tough questions but be civil.....however, most of them do not want to as they can't defend their positions.....have no proof.....etc....just opinions......
Zig Jeff does state in his videos that they are just his opinions....and people should not take his advice.......
Clay I wonder if the situation with Iran will hurt us or help us due to the fact it may allow Iraq to sell more oil
Clay hoping the later
Young_SC Nah i doubt it
Young_SC One thing i always tell people that this revaluation purpose is mainly for its own people and its own country while we here in North America are the Ants
Clay we need them to go global again
Clay agree
Young_SC People like guru jeff and kap always forget that
Clay yep
Young_SC Thats why i kinda laugh when gurus say well this has to happen for this to happen vice versa and i disagree. At the end of the day the CBI is in charge of its currency and can give purchasing power for its own citizens regardless. Cue the reasoning why Kap has major holes in his theory and never talks about what the CBI had stated
Young_SC GOI is not in charge of the currency. They will vote on certain things but CBI IS IN CHARGE.
Clay right so what can possibly be the reasoning for them not increasing the value yet
Zig Young_SC : So you don't think that the IMF has a major role?
Zig A major influence.....guidance.....collaboration....etc??
Young_SC Zig IMF can tell them what is best but it is up to Iraq to do what they what to do
Young_SC Iraq has already stated what they want to do with their currency
Young_SC And wanting to become the central hub for the Middle East
Zig Young_SC : Too bad you can't have a good conversation with Kaperoni when he comes in here.....lol.....keep it civil.....and just disagree in a more friendly way....would be interesting......
Young_SC And people forget that Iraq had stated for this current leglaslative terms they will not be following the old traditional Monetary policy. They have made changes to it during the last current session. The traditional monetary policy does not fit them at this time as stated by the GOI in the March 20th article
Clay what is the difference between old and new
Young_SC Clay when kap references the old monetary policy i think that is where his float solution comes into play
Clay ok thanks CBI told us no float and value will be the highest in the ME
Clay they told us that and yet Kap still insists on float
Zig "Kaperoni" ........"First of all Zig, there have been many discussions about a float over the years from the CBI, and economic experts in Iraq. Many of them positive. One of which was discussed even recently.
A year or so ago when somebody asked the CBI about floating the currency their response was that they weren't going to float AT THIS TIME and it was taken out of context as if they were saying no float ever.
But that's not the truth, the truth is they were not ready to float at that time and proper translation of the article was necessary because all countries float eventually especially Emerging Markets.
And there have been many examples of countries moving from fixed to float over the last few years. Even several in the Middle East"
Zig "AT THIS TIME"
Zig Kap sent me that recently to post here.....
Zig Tebow : He denies making money there from anything.....said he has no part in the ownership at Dinar Alert....just posts there.....of course we will never know......people will believe whatever they wish......I have no idea.....
Zig We will never know....when someone has been accused of making money how can they prove that they are not?......People have accused me of being paid via IQDCalls for the role I have played here.....lol....how can I prove that I am not??......lol......
Zig Tebow : Yeah, Kap does spend a lot of time on each call promoting that site.....no doubt......
Kaperoni Zig, they are not my calls. They are DA calls. Therefore, I talk about DA and the website. I agreed to host those calls years ago. But I make no money doing them. It was always done as a favor to the owner.
Kaperoni As for the website, I have nothing to do with the website other than just to post on it. Again it was just a website that I found and agreed to stay there and post and make no money on the site I never have. Anyone who comes to the site knows that.
Zig Kaperoni : No matter what you say, there will always be those who do not believe you......that's the way it goes......
Kaperoni I use my platform at Twitter to attack id*t gurus, promote the site, promote articles that I post. And anything else I choose to.
Zig I am sure there are still people who think I make money here.....
Zig Nothing you can do to convince some people.....futile.....
Kaperoni Zig, people can believe whatever they want but when they blatantly come out in public and make false statements like I'm making money off the site is an outright lie and I must defend myself
Zig I know
Kaperoni As for the dinar these clowns that believe that they're going to get rich overnight like to attack me for speaking factual information. But have never come up with a explanation for how they're going to cover 42 trillion + dinar in circulation LOL when some mythical RV is supposed to occur
Kaperoni There just is no way possible Iraq could ever cover that much money
Zig Kaperoni : Is that number accurate?.....people disagree as to how much Dinar is out there, etc....
Kaperoni Zig that number is accurate because it's not only on the CBI website in their own documents, it comes out frequently in public articles, and the IMF also reports such.
Who are you going to believe these professional organizations that print the factual information or these speculators who have no idea how monetary policy works?
Kaperoni Tebow if you want to give yourself any credibility at all justify with some facts how 42 trillion + dinar it's going to be covered with some mythical RV?
Kaperoni It's funny how you like to divert away from the facts I've asked you now several times to justify 42 trillion dinar and you refused to even answer the question
Tebow Kaperoni no 42 trillion
Kaperoni I have never presented any speculation on the dinar although the gurus constantly speculate their BS. Everything I've ever done regarding this investment from the beginning has been factual because I research and find specific information pertaining to what the plan is. People can believe whatever they want after that but I assure you there will be no RV
Kaperoni Okay I got to go. I only dropped in because some fools like to keep accusing me of things I have nothing to do with. And it's only right that I set the record straight
Wilder Old article. Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajai.
LINK -iraqinews-com.cdn.ampproject.org/v/s/www.iraqinews.com/features/iraqi-dinars-project-postponed-5-years-says-central-bank/amp/
Wilder Didnt say postpone float. 5 years is about up?
Kaperoni "Al-Bajari said that the head of the Central Bank of Iraq had previously said that this policy from parliament was accepted and that the zeros will be deleted from the Iraqi currency in the next 5 years." They are talking about a LOP.
Wilder Tebow things change tho. I wont hold it against Kap. All in fun. I'm having a blast staying broke
Kaperoni Why else would Parliament need to be involved? Because they would have to approve such an event and pass a law accordingly. If you look at any other country that has Parliament has to approve such an event it is the same thing under the conditions of Iraq. Parliament would approve it they would lie and it would be a neutral event
Kaperoni LOP
Baxter I dont believe a LOP..... they would have done that years ago
Kaperoni Baxter, I agree I don't think they will and that's why they keep postponing it. But there are many who want to. But be assured there will be no RV
Baxter Kap... I dont care.... if I can find a dam dime out of this... I will be very happy
Wilder How long after Saddam did it take for currency to be replaced?
Zig Baxter : Many of us would be happy to exchange at 10 cents.....
spankie ,00086 ,86
Baxter I can see your point of a so called RV.... I dont know how that would be possible either....
Kaperoni Even that quote I reposted talks about deleting the zeros off of the notes. That's a LOP
Zig Not if that number of Dinar out there is accurate...
Zig an RV would be impossible if 42 trillion Dinar
Baxter most people dont realize how much a TRILLION is...
Kaperoni thumbs up
Baxter that it a thousand BILLION
Baxter AND to multiply that times 42.... calculators wont go that high
Zig I really don't care how it gains value.....
spankie china has 195 trillion yuan out
Baxter I dont either... just do SOMETHING..
Kaperoni Well if it's going to gain value it's not going to be random. Because central banks never do anything randomly
Zig Kaperoni : How much influence does the IMF have over the CBI?
Baxter Do realize that when I first got in this my first grandson was just starting to learn how to walk..... he has been driving a car now for a year.... thats how long this has been for me
Wilder Is the national debt based on credit regardless of value?
Kaperoni And all indications from Iraq are that they are planning to build and launch a market economy. And if that occurs then the CBI will need a tool to offset inflationary pressure created by such an event and that tool is to float the currency. believe it or not, but that is the tool
Baxter I dont doubt you Kap... I never have.... its that they just keep putting this off.... for so many years
Kaperoni Zig, the IMF has significant influence over the CBI because they are the trustee. That was made official in December of 2015. And has stayed in place since. That is why you have seen the progress at the CBI the way you have pertaining to monetary policy, the spread, money laundering, etc
Zig Baxter : Just waiting for the right conditions....lol
Kaperoni Baxter, frustrating yes. But I don't look at it as putting this off I look at it as just another step in and a bunch of steps. And the CBI is simply not ready at this point because the other steps have not been been completed.
Baxter those steps must go to the top of Mt Everest..
Zig LOL
Kaperoni As for the parliament getting involved in the deletion of zeros we want them to keep putting that off. Kick-the-can-down-the-road as long as possible because the outcome is not anything we want to occur
larrykn Kaperoni your right , they seem to have put a hold on things that need to get done
Zig Kaperoni : So still the slight chance of the dreaded LOP?
larrykn Zig Iraq has always lied about things so I would say you just don't know but they did say they were not going to , I see a lop as not a good thing for them but you just never know.
Kaperoni Anything is possible in Iraq zig. But considering the IMF is the trustee over the CBI it is unlikely a LOP would be something the IMF would approve of. I would only see that occurring if the economic conditions failed for the development of the market economy and left no other option
Zig Hmmmm.....okay.....
Zig Kaperoni : You will never give up on this, will you?
Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see no reason for a LOP.
And in fact at that point I would see the CBI Implement moving to a float to allow the currency to appreciate to offset inflationary pressure created by that influx of capital through the capital account of the CBI. Remember the number one job of the CBI is to maintain monetary policy and reduce inflation.
Zig So 2020 will be interesting.....
Kaperoni I saw one of your other members I believe it was Sandy post that I could never appreciate that fast. But that is the very definition of the Balassa - Samuelson effect
Zig Kaperoni : Watch for Sandy to answer your post later this evening.....lol
Tebow Kaperoni Why the articles out of Iraq about the coins if they do not need them.
Kaperoni “In 1964, academics Bela Balassa, a Hungarian economist, and Paul Samuelson, a Nobel-Laureate economist, independently observed that countries with higher levels of productivity growth experienced rapidly rising real wages and so appreciating real exchange rates.
Academic studies since have suggested the picture is not as simple as Mr Balassa and Mr Samuelson first thought and that many other factors can also influence the model.
However, many long term investors in emerging market currencies, for example, have been able to benefit from the appreciation of those currencies which is arguably due to the Balassa-Samuelson effect.”
Zig Kaperoni : I have never seen anyone other than you refer to that.....you are unique.....
Kaperoni Zig, it is in print in the IMF Article IV.
Zig Kaperoni stands alone....hard to do in this community.....
Zig Kaperoni : Oh....must have missed that.....
Kaperoni The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact
Tebow no it's not, nothing about the dinar
Kaperoni And considering the IMF is the trustee over the CBI I tend to believe them over Guru nonsense
Kaperoni "staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
Kaperoni Lol. It's right there in print from the IMF
Zig Kaperoni does support his views.....can't deny that.....does not make up stuff like others.......
Kaperoni The IMF is asking the CBI to create the conditions to float the currency to allow it to appreciate based on the Balassa -Samuelson effect
Zig CBI said no float "AT THIS TIME"
Kaperoni Zig, I have no views. I go where the fax take me. And the fax say no RV.
Tebow Zig they didn't say 'AT THIS TIME" that's Kaps interperation
Zig Tebow : I remember reading that.....
Kaperoni If it ever gets to the point where Parliament has to step in be assured it will be a LOP
Tebow Tebow How about the articles pushing the coins if they don't plan on using them
Kaperoni Of course coins will be used. When you LOP you need coins and small notes
Zig They have mentioned coins quite often....yes.....
Tebow Zig so no float
Zig Don't ask me....I consider all possibilities.....lol....just waiting....
IQD CALLS Chat Wednesday 9-18-19
.IQD CALLS Chat Wednesday 9-18-19
Chattels Baghdad / Nina / Foreign currency markets in Baghdad, on Wednesday, stabilized at the exchange rate of the US dollar against the dinar.
The market price in Baghdad Stock Exchange struggle 1203.5 dinars per dollar, or 120 thousand and 350 dinars for one hundred dollars.
The prices of buying and selling the dollar exchange companies, as follows:
The sale price per dollar 1207.5 dinars, or 120 thousand and 750 dinars for one hundred dollars.
The purchase price for the dollar is 1197.5 dinars, or 119 thousand and 750 dinars for one hundred dollars
chattels BAGHDAD / NINA / Financial expert Safwan Qusai criticized the process of preparing the federal budget for the year 2020, stressing that the government is far from investment thought in the preparation process.
chattels It reads like the same ole same ole. Talk about investment, but do nothing about it. In all fairness though they likely just cannot afford it. The budget is still in large part exhausted by those on the public dole.
whitelions Good Morning all .....The Center for Banking Studies opens the fifth session to qualify graduates in economic disciplines......The Central Bank of Iraq opened the fifth qualifying course in the field of banking work for graduates in economic and administrative disciplines at the Center for Banking Studies for the period from 15 to 26 September 2019.
This course was based on the directives of Governor Ali Mohsen Ismail, as part of the Central Bank's initiative to train and qualify graduates to get a job in the banking sector.
IQD CALLS Chat Wednesday 9-18-19
Chattels Baghdad / Nina / Foreign currency markets in Baghdad, on Wednesday, stabilized at the exchange rate of the US dollar against the dinar.
The market price in Baghdad Stock Exchange struggle 1203.5 dinars per dollar, or 120 thousand and 350 dinars for one hundred dollars.
The prices of buying and selling the dollar exchange companies, as follows:
The sale price per dollar 1207.5 dinars, or 120 thousand and 750 dinars for one hundred dollars.
The purchase price for the dollar is 1197.5 dinars, or 119 thousand and 750 dinars for one hundred dollars
cattels https://ninanews.com/Website/News/Details?key=787956
chattels BAGHDAD / NINA / Financial expert Safwan Qusai criticized the process of preparing the federal budget for the year 2020, stressing that the government is far from investment thought in the preparation process.
https://ninanews.com/Website/News/Details?key=787942
chattels It reads like the same ole same ole. Talk about investment, but do nothing about it. In all fairness though they likely just cannot afford it. The budget is still in large part exhausted by those on the public dole.
https://www.iqdcalls.com/chat/
whitelions Good Morning all .....The Center for Banking Studies opens the fifth session to qualify graduates in economic disciplines......The Central Bank of Iraq opened the fifth qualifying course in the field of banking work for graduates in economic and administrative disciplines at the Center for Banking Studies for the period from 15 to 26 September 2019.
This course was based on the directives of Governor Ali Mohsen Ismail, as part of the Central Bank's initiative to train and qualify graduates to get a job in the banking sector.
Central Bank of Iraq information Office 2019/9/18 https://cbi.iq/news/view/1286
Xyz Tebow 9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
Futuremoney good news... https://www.whitehouse.gov/briefings-statements/statement-press-secretary-34/
xyz RV @ 2pm? .....
Stunning Consensus Emerges: Fed May Announce Launch Of QE In Just A Few Hours
And just like that, the Fed may announce it will print up to $400 billion as soon as 2pm today.
Portmagaland Good morning all, if our fed can just print up make believe money, then CBI can give us a make believe rate, what difference does it make we are living in pretend land. Everything's rigged and manipulated, so here's to 1 to1 or better, yet, $3.25 toto 1. I'm going to manifest this for all of us by thinking positive thoughts Cheers.
Wilder Portmagaland this is not good. This may take us into hyper inflation.
Wilder A reply posted. Walmart 2021 = banana 6dolars, bread 12 dolars, ounce
Doug_W silver is down again today 36 cents
Clay what is it was 18
Clay oh maybe it was 18.36
Doug_W Silver:$17.80
Matt Market Summary > Dow Jones Industrial Average INDEXDJX: .DJI
26,965.15 −145.65 (0.54%) Down some Sep 18, 3:05 PM EDT
Xyz Doug_W Tebow 9-18-2019 Newshound Guru Jeff ...After looking at all the news...looking at everything that's going on, I'm of the opinion that the rate change will not occur this week.
But we look like we're still in a very good position...the thing is right now they're too quiet. They're not giving us any clues to what's going on...they could end this next week but it could roll into October...the signs and variables show that we are still very close...
xyz Tebow 9-18-2019 Intel Guru MarkZ [via PDK] I am feeling really good about where we are! I am hearing fantastic things from Europe...3 contacts there say they are expecting funding today and no later early tomorrow morning. ...
I heard a rumor that today is the day and that yesterday was procedural...trying to verify this. ...No new rate in Iraq as of last night. ...I am still hearing they want everything done before the end of the month.
xyz That's how crazy and nonsensical it is in dinarland
Tebow What I want to know are the people still line up in the banks parking lot Tony?
Matt Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI 27,147.08 +36.28 (0.13%)^ Sep 18, 4:20 PM EDT ·
Matt Bitcoin (BTC) $10,228.81 USD (Steady For Bitcoin Lately)
Dave just wish we could focus more on the events happening in Iraq,rather than Guru stuff
Wilder Is Iraq any better?
Dave Wilder how much longer can they evade all the corruption before it all goes sideways
Wilder Not sure. Dave i think this something to do with Israel being Iran with maliki and the peace treaty with israel.
Dave though my crystal ball telling that the most corrupt nation in the world does not yet deserve the most valuable
Wilder And with Syria
Dave Wilder many parts to this puzzle
Dave for me corruption is its key hindrance
Sparky Dave ... what's up with the Iranian drone missle strikes in Saudi oil refineries.?
foxmulder Dave not sure how long it will take to change the environment of corruption.
foxmulder Dave it is problematic
Wilder Talking about squeezing Iran even more till they give in. There will be a false peace deal and all hell will break loose. My thought. Maybe or hopefully not so quick
Dave Sparky SA would take out Iran .....no problem
Sparky Wilder ... I believe that's why they are acting out...f,'n squeezed...
Matt foxmulder " not sure how long it will take to change the environment of corruption." Creator is the only answer https://www.iqdcalls.com/Awakening_Liberty.html I just listen to the first video on that page which is very good IMO
Sparky Dave ...gotta watch Russia...
Dave Sparky china russia do not recognize US sanctions
Wilder You guys hear about tge perfext red heifer that was born last year? It's stikk perfect without a blemish.
Sparky Dave ...true...
foxmulder Wilder not sure most folks know the significance
Wilder They can google. Its interesting
Wilder Prophecy
Sparky Dave ..no doubt SA would have Iran for breakfast... Israel would be serving dinner... but... Russia is very dangerous...imo...
Wilder Latest on the red heifer. https://www.breakingisraelnews.com/135387/exclusive-burning-red-heifer-takes-place-preparation-third-temple/
Sparky Dave ... also have to watch Bashar... Syria...
Sparky ...not particularly fond of Americans...and, our influence...
Sparky ... we export war...
Sparky ...fact...
Wilder Sparky like a red neck punk. Our way or no way.
Sparky Wilder ... yup...
Sparky ...very similar...indeed...
Sparky Wilder ... petro dollar...do not cross...
Sparky Wilder ...look at history, and who tried to shake the petro dollar... that story tells it all...imo...
Wilder Sparky This. On February 14, 1945, President Franklin D. Roosevelt formalized an alliance with Saudi Arabia. He met with Saudi King Abd al-Aziz. The United States built an airfield at Dhahran in return for
Sparky Wilder ... only saw part of what you posted...but... I smelled gold...
Wilder https://www.thebalance.com/what-is-a-petrodollar-3306358
Wilder There us a statement on tgat article avout giw our currency is yhe global currency which p sses me off for the reason being how so many people in this country struggle. We can take care of everyone but our own
Sparky ...my point exactly...
Sparky Wilder ...UST just popped off $400 M today... or...B...
Sparky ... on the full fsutand confidence , If / or confidence of the United States...
Sparky *faith
Sparky ... Fiat currency...
Sparky ... me smells recession...
Sparky ...sell high, wait.. , buy low... repeat...
Portmagaland Sparky Good evening
Portmagaland Sparky I had an Uber passenger the other day who owns 50 properties in Oregon, some multiplexes because like you said section eight pays on the first of the month. However, he told me he's selling all of them because the laws are wacked in Oregon.
The renters have more rights to your property than you do. He said Washington and Idaho are the best in the country currently to buy rental properties. This guy was on his way to Panama to purchase a property down there as it's a better investment than a property in Oregon
IQD CALLS Chat Late Tuesday Night 9-17-19
.IQD CALLS Chat Late Tuesday Night 9-17-19
Baxter 9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors...
Zig Baxter : I'm pumped!!!..... 'happy-dance
Baxter I can tell
Zig We're all gonna be filthy rich soon!!..... :yes:
Baxter at ten cents.... I will still have to watch what I spend..... at 3 dollars.... thats another story
Baxter Zig ol Mtn Goat sure seems to think so
Xyz Tebow 9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
Baxter http://www.truthcall.com/tony.html this is really good about the Gurus ....
PM Tebow so the banks parking lots are full, and the appointment are just waiting to surface. Doesn't make sense going to the bank without an appointment. They got there at 6am? Are they still waiting :laugh
TWWIII Israeli Prime Minister Benjamin Netanyahu has managed to hold on to power, winning what will be a record fifth term in office despite a bruising reelection fight.
Xyz Zig 9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...ord fifth term in office despite a bruising reelection fight.
Chattels ERBIL, Kurdistan Region – Iraqi President Barham Salih arrived in the Kurdistan Regional capital Erbil on Tuesday evening at the head of a delegation sent to discuss oil, the budget, and territorial disputes – hot topics that have long caused ruptures between the semi-autonomous region and the federal government.
chattels Erbil and Baghdad have formed committees for talks on the joint administration of the disputed territories, the Kurdistan Regional Government (KRG)’s share of the federal budget, and the touchy subject of independent oil sales.
IQD CALLS Chat Late Tuesday Night 9-17-19
Baxter 9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors...
Zig Baxter : I'm pumped!!!..... 'happy-dance
Baxter I can tell
Zig We're all gonna be filthy rich soon!!..... :yes:
Baxter at ten cents.... I will still have to watch what I spend..... at 3 dollars.... thats another story
Baxter Zig ol Mtn Goat sure seems to think so
Xyz Tebow 9-17-2019 Intel Guru RayRen98 BANK PARKING LOTS FULL AND "LIT UP" AT 6 AM? WHUT DA HECK? LOL "SPECIAL" BANK APPOINTMENTS ARE STARTING TO SURFACE... HINT: BE PREPARED TO NEGOTIATE "ANY" RATE THAT IS ON THE SCREEN AT EXCHANGE TIME ...JUS SAYIN'. ... SOME OF YOU MIGHT BE UP LATE...OR ALL NIGHT? I GOTTA FEELIN' - THAT TONIGHT'S GONNA BE A GOOD, GOOD NIGHT!
Baxter http://www.truthcall.com/tony.html this is really good about the Gurus ....
PM Tebow so the banks parking lots are full, and the appointment are just waiting to surface. Doesn't make sense going to the bank without an appointment. They got there at 6am? Are they still waiting :laugh
TWWIII Israeli Prime Minister Benjamin Netanyahu has managed to hold on to power, winning what will be a record fifth term in office despite a bruising reelection fight.
Xyz Zig 9-17-2019 Intel Guru Frank26 My question is, Will they show the visual aids this week to the citizens? Yes IMO. Will they show them the new low category notes and fils this week? Yes. IMO I believe the seminars [Thursday] will be showing the visual aids...it's possible they may go into next week but I doubt it...ord fifth term in office despite a bruising reelection fight.
Chattels ERBIL, Kurdistan Region – Iraqi President Barham Salih arrived in the Kurdistan Regional capital Erbil on Tuesday evening at the head of a delegation sent to discuss oil, the budget, and territorial disputes – hot topics that have long caused ruptures between the semi-autonomous region and the federal government.
chattels https://www.rudaw.net/english/kurdistan/170920191
chattels Erbil and Baghdad have formed committees for talks on the joint administration of the disputed territories, the Kurdistan Regional Government (KRG)’s share of the federal budget, and the touchy subject of independent oil sales.
chattels Under the 2019 budget, the KRG agreed to send 250,000 barrels of oil per day to Iraq’s state oil marketing body SOMO in exchange for its share of the budget. Although Baghdad has delivered funds to Erbil’s central bank, the KRG is yet to send a single barrel of oil.
chattels Mohammad al-Halbousi, Iraq’s parliamentary speaker, is also scheduled to visit Erbil on Wednesday to discuss the federal budget.
chattels “There are very positive talks between Erbil and Baghdad, and more talks are underway to reach an agreement with the Iraqi government.
chattels The failure of both sides to cooperate on security in the disputed territories has contributed to a resurgence of ISIS, which has exploited the security vacuum between Peshmerga and Iraqi lines – particularly in the hotly disputed and oil-rich province of Kirkuk.
chattels US official: US satellites observed Iran preparing drones & missiles before strikes on Saudi oil facilities.
https://itunes.apple.com/us/app/mdar/id1056612204?ls=1&mt=8 …
chattels US official: attacks on Saudi oil facilities probably originated from southwest Iran.
https://itunes.apple.com/us/app/mdar/id1056612204?ls=1&mt=8 …
chattels US report: Saudi Arabia believes attacks on its oil facilities were by cruise missiles supported by drones.
https://itunes.apple.com/us/app/mdar/id1056612204?ls=1&mt=8 …
chattels Courtesy https://twitter.com/DavidMWitty1?lang=en
chattels Tuesday, September 17, 2019
Security In Iraq Sep 1-7, 2019 For the second week in a row attacks in Iraq went up. The cause is unknown. It could be a last push in the Islamic State’s Revenge of the Levant spring-summer offensive which has not amounted to much or some other issue such as targeting Ashura starting the second week of September. This year’s trends have been slower to develop and take months to come into focus. http://musingsoniraq.blogspot.com/2019/09/security-in-iraq-sep-1-7-2019.html
chattels Iraq works to distance itself from US-Iran tension after Saudi Aramco attack
Ali Mamouri September 16, 2019
Read more: https://www.al-monitor.com/pulse/originals/2019/09/iraq-saudi-aramco-oil-pmu.html#ixzz5zqHlx88b
madness hey chattels tell your friends we better gas up at the pump
chattels The central bank sells more than $ 284 million at a currency auction
Tuesday 17 September 20:26 2019 https://ninanews.com/Website/News/Details?key=787876
chattels madness US-Iran tensions could raise oil price ‘dramatically’: analyst
3 hours ago https://www.rudaw.net/english/interview/17092019
chattels The demand for dollars seems " up ". Is this connected to the threat of greater regional conflict ?
chattels Saudi Arabia announces the return of oil supplies to what they were before the attack on Aramco
Tuesday 17 September 21:52 2019 https://ninanews.com/Website/News/Details?key=787890
17 Sep 19, 11:18 PM production disrupted by this terrorist attack has been recovered, so the company will fulfill its full commitment to its customers this month," he said.
chattels The prince said domestic market supplies were unaffected by the terrorist attack, which he considered "an attack on all countries."
chattels Parliament votes on a law and ends the reading and discussion of three bills / expanded
Tuesday 17 September 19:08 2019 https://ninanews.com/Website/News/Details?key=787853
chattels Again, no parliamentary action on any important law(s), IMO.
chattels " ................ held under the chairmanship of Mohammed Halbousi and the presence of 175 deputies, ............"
chattels Attendance is low. Little more than minimum quorum requirement.
chattels Parliament will adjourn until next Saturday
Tuesday 17 September 17:07 2019 BAGHDAD ( NINA ) - The House of Representatives raised its session until next Saturday at 1 pm. https://ninanews.com/Website/News/Details?key=787828
chattels And that's the way that it is from the news that I read out of Iraq on this Tuesday, September 17, 2019.
madness guess like I said this morning
madness its when iraq grabs there man boots and goes international
chattels BAGHDAD / NINA / The Committee on the Integrity of Parliament confirmed that the extent of extortion and pressure on the resigned health minister Alaa Eddin Alwan was beyond his capacity, prompting him to step down from his ministerial post.
https://ninanews.com/Website/News/Details?Key=787996
chattels Ahhhhhhhhhhh. Iraq. Nothing like the smell of extortion and corruption in the morning.
Chattels Baghdad / Nina / Foreign currency markets in Baghdad, on Wednesday, stabilized at the exchange rate of the US dollar against the dinar.
The market price in Baghdad Stock Exchange struggle 1203.5 dinars per dollar, or 120 thousand and 350 dinars for one hundred dollars.
The prices of buying and selling the dollar exchange companies, as follows:
The sale price per dollar 1207.5 dinars, or 120 thousand and 750 dinars for one hundred dollars.
The purchase price for the dollar is 1197.5 dinars, or 119 thousand and 750 dinars for one hundred dollars
cattels https://ninanews.com/Website/News/Details?key=787956
chattels BAGHDAD / NINA / Financial expert Safwan Qusai criticized the process of preparing the federal budget for the year 2020, stressing that the government is far from investment thought in the preparation process.
https://ninanews.com/Website/News/Details?key=787942
chattels It reads like the same ole same ole. Talk about investment, but do nothing about it. In all fairness though they likely just cannot afford it. The budget is still in large part exhausted by those on the public dole.
chattels Have a fine day all.
Baxter Before i LEFT ohio... I was watching our news...and the state highway patrol..has a new device in their cars..and their planes... that can tell them if you are texting while driving..and they are arresting people like crazy with it..
Baxter you are not allowed in Ohio to text or use a hand phone anymore
Baxter Georgia is the same way..
Doug_W FL just enacted stopping U as a primary reason if texting last month
IQD CALLS Chat Tuesday Evening 9-17-19
.IQD CALLS Chat Tuesday Evening 9-17-19
Larrykn Abdul Mahdi reeling after stormy disputes between the Shiite poles, are we close to dismiss the government
Baghdad - Iraq today: Iraq, which is in a precarious political situation, is witnessing an unprecedented wave of differences within the Shiite house between the leaders of the Popular Mobilization Forces and others between politicians, which threatens the stability of the country and the future of Prime Minister Adel Abdul Mahdi.
Only 11 months have elapsed since Abdul Mahdi's government, whose influence so far derives from the coexistence of two lists, backed by prominent Shi'ite cleric Moqtada al-Sadr, and the Fateh, the political representative of the Popular Mobilization Forces, within and inside parliament.
In the context of the situation in Iraq, the Iraqi Prime Minister said that the Iraqi government is working on the rule of law and confine arms to the state. "The government has a clear vision of solutions and to face internal and external challenges," Abdul-Mahdi said during a meeting with NATO Secretary General Jens Stoltenberg and his delegation in Baghdad.
According to the head of the Iraqi Center for Political Thought, Ihsan al-Shammari, a number of new factors, especially the frustration caused by the Israeli strikes, which the Popular Mobilization said targeted its forces, put pressure on this fragile relationship.
"The situation is confused, political parties are repositioning and large alliances have broken up," he said. Al-Shammari also expects a "tactical alliance" between Sadr and Fatah to collapse as Sadr has increasingly criticized the Popular Mobilization for the latter's possession and movement, according to some reports, of forming his own air force.
Sadr said last week in a tweet on the "Twitter" that Iraq is shifting from the state of "law" to the state of "riot." A few days later, Sadr appeared in Tire during an unannounced visit to Iran. Al-Shammari says that it is possible that Sadr was
larrykn intended to Iran to complain about the popular mobilization or to get more support, including the opinion on the next prime minister in the event of a no-confidence of the current government.
IQD CALLS Chat Tuesday Evening 9-17-19
Larrykn Abdul Mahdi reeling after stormy disputes between the Shiite poles, are we close to dismiss the government
Baghdad - Iraq today: Iraq, which is in a precarious political situation, is witnessing an unprecedented wave of differences within the Shiite house between the leaders of the Popular Mobilization Forces and others between politicians, which threatens the stability of the country and the future of Prime Minister Adel Abdul Mahdi.
Only 11 months have elapsed since Abdul Mahdi's government, whose influence so far derives from the coexistence of two lists, backed by prominent Shi'ite cleric Moqtada al-Sadr, and the Fateh, the political representative of the Popular Mobilization Forces, within and inside parliament.
In the context of the situation in Iraq, the Iraqi Prime Minister said that the Iraqi government is working on the rule of law and confine arms to the state. "The government has a clear vision of solutions and to face internal and external challenges," Abdul-Mahdi said during a meeting with NATO Secretary General Jens Stoltenberg and his delegation in Baghdad.
According to the head of the Iraqi Center for Political Thought, Ihsan al-Shammari, a number of new factors, especially the frustration caused by the Israeli strikes, which the Popular Mobilization said targeted its forces, put pressure on this fragile relationship.
"The situation is confused, political parties are repositioning and large alliances have broken up," he said. Al-Shammari also expects a "tactical alliance" between Sadr and Fatah to collapse as Sadr has increasingly criticized the Popular Mobilization for the latter's possession and movement, according to some reports, of forming his own air force.
Sadr said last week in a tweet on the "Twitter" that Iraq is shifting from the state of "law" to the state of "riot." A few days later, Sadr appeared in Tire during an unannounced visit to Iran. Al-Shammari says that it is possible that Sadr was
larrykn intended to Iran to complain about the popular mobilization or to get more support, including the opinion on the next prime minister in the event of a no-confidence of the current government.
Al-Shammari confirms that al-Sadr is still the largest sponsor of the government, and will likely turn to the scenario of demonstrations, if the government does not make progress in solving problems.
In a sign of what could happen, Health Minister Alaa al-Alwan, backed by Sadr, resigned on Sunday under the pretext of administrative corruption. The influence of Shiite parties increased after the overthrow of Saddam Hussein's regime following the US-led attack on Iraq in 2003. http://iraqtoday.com/ar/news/32899/عبد-المهدي-يترنح-بعد-خلا
larrykn Security experts analyze .. How Abu Bakr al-Baghdadi addressed his supporters in 30 minutes ??
Baghdad - Iraq today: Al-Furqan, the Islamic State's media arm, on Monday broadcast a new audio recording of the group's leader, Abu Bakr al-Baghdadi, including instructions for his followers and wills related to patience, calling on them to "liberate" the women of his fighters detained in Iraq and Syria, despite acknowledging the superiority of Iraqi forces. And number.
" The 30-minute speech, "Say Work," carried signs that, according to analysts, the Islamic State leader intends to start a new phase, after acknowledging the military and geographical defeat, identifying his followers with new ways of fighting and priorities, most notably capturing them. , "Liberating" the women of his fighters detained in Iraq and Syria, and using "dialogue" to win over others.
* "Reprimand for agitation" *
Al-Baghdadi, who began his speech by knocking out hypocrites who failed to fight and threatened to taste the reward when he reminded them of the promise, acknowledged the bitter reality of his organization by saying, "No matter how long, there is no way to stagnate," which appears to be a recession. Reprimand for the state of relaxation, "before" implicitly intended to atone for those who did not join the organization "when he talked about the return of religion strange.
He added that the case of the leader of the Islamic State "appeared to be miserable", when he began to repeat the word patience and talk about "death for the sake of God," noting that "texts synonymous with a clear simulation of the state of begging and hope and despair of his followers and incitement to incite them", despite reminding him of the passage of half A decade of organization life, he repeated it six times in his speech, a sign of "continuing to go on.
" What is remarkable, according to the security analyst, is Baghdadi's recommendation to his followers to "not be tough with the Sunnis" and the need to win them "compassion and dialogue under the pretext."
"Invasions of Bhalil", a class of suicide bombers. ISIS leader Shamta seemed to be "Shamta" with the commander of US Joint Chiefs of Staff Joseph Danford and his "inability to protect his allies in the region," after which he would review his "alleged state from Khorasan to the coastline" (Gulf states).
According to Abu Raghef's perspective, "the most dangerous part of Abu Bakr al-Baghdadi's speech is to call for a cloning of the demolition of fences in Iraq and Syria, and to focus on" targeting investigators and judges.
For his part, summarizes the security analyst and strategic expert in the affairs of terrorist groups Hisham al-Hashemi, the "functions" organization d Live in the new phase announced by al-Baghdadi in his speech as "reconciliation with the environment in which they were defeated, recruiting after verification of the recruiter's repentance, the continuation of unified invasions, and qualitative operations to break prisons." http://iraqtoday.com/ar/news/32898
larrykn Allaq: Iraq's revenues go to build the economies of other countries .. The law does not allow lending to the government
Baghdad - Iraq today: The Governor of the Central Bank, on the relationship, Tuesday that the size of Iraq's foreign exchange reserves exceed the ratios of international standards, while noting that Iraq's revenues go to build the economies of other countries.
Alak said that "our foreign currency reserves are comfortable and good and within international standards, but exceed the normative ratios, but according to the law is not to cover the deficit, but is a cover for the local currency," pointing out that "the government has reached more than saturation, and that Iraq's revenues go to build Economies of other countries. "
He added that "the strength of the exchange rate and the strength of the Iraqi dinar depends on this cover, so the process of linking the reserve and cover the deficit is improper, and the law of the Central Bank does not allow the reserve to be used to lend to the government directly or indirectly, but is to maintain the value of the dinar against the dollar ".
As for the sagging government jobs among the relationship, "the government apparatus has reached more than saturation, which does not add economic value, but that in its expenses is a major challenge to the public budget and reduces the resources that can go to employ others and create more jobs through real projects."
He added that "the basic solution to the issue of unemployment is the operation of the real sectors, which are industrial, agricultural, tourism and other, which is the basis in moving economic rings, so there must be a focus on moving these economic sectors by changing the economic model that exists in Iraq today, the model that exists now is that our revenues They come from oil, they pump the bulk of them in the form of salaries, and these salaries turn into demand for imported goods and goods.
larrykn The governor of the Central Bank, "Our revenues go to build the economies of other countries instead of moving the pace of the economic situation.
" He explained, "It is not possible to lay off people from their jobs, but the money taken as salaries can be invested inside Iraq through the expansion of the real sector and this will occupy other people, and that depends on coordination in trade policies, investment and tax situation internally." http://iraqtoday.com/ar/news/32897
Wilder maintain the value of the dinar against the dollar. Tell them its time to get past this maintain talk. New word they need to learn is INCREASE the value
TWWIII Clay I received an email update from my friend, US Army deployed to Kuwait 3 months ago. (copy & pasted from my email): Sky is just as polluted here as always from all the oil smoke in Saudi, people complain about the United States pollution but the rest of the world is disgusting.
I saw ur chat yesterday when one guy commented that he saw a pic from here & said he did not see the smoke blowing in our direction. How would he know he is not here. We ordered not to leave the base while this problem is solve with Iran.
Doug_W TWWIII Thank You
TWWIII Doug_W Your Welcome
TWWIII Additional email info from Kuwait news from my friend: I checked all over post and we do not have any banks or currency exchanges, I do not plan on leaving base whilst I’m here.
As it is illegal in this country to wear shorts 🙄 and the list goes on and on if you’re a foreigner. Yet again, no one in the states has a freakin clue as to how other countries treat people.
So I’ll just stay safely here on base. If that changes, I’ll let you know about any information I find out regarding transfers of currency.
How’re things back home? Saw all the protests and crap across the river and hearing about all the gun ban news, that the west coast and Walmart are leading the charge on. Idk what I’m going to be returning to state side... but I hope you guys are getting as ready as I am.
TWWIII Doug_W He sends me updates often. When everything clears, he is going off post to a local bank to see if he can purchase IQD & ship them here to my address. Kuwait banks DO NOT have any IQD LD's no fils nor coins
Baxter9-17-2019 Newshound/Intel Guru Mnt Goat ...If everything goes as planned, then they move on to the “reinstatement”. This means reinstating the dinar back on the global currency exchanges and then it can be legally traded...Yes, its been a very long journey...The nice part about this final step is when it does occur this is when we get to go to the bank and exchange and not before. There is no premature exchanges scheduled for us internet investors...