Iraqi Dinar Guru opinions 7-26-16
Iraqi Dinar Guru opinions 7-26-16
7-26-2016 Newshound Guru Enorrste Article: “What does it mean to float the currency?” Quote: “Floating exchange rates fluctuate constantly change with each witnessing supply and demand for foreign currency, so it can be changed several times per day.” Although Al Jazeera is not an official government source one must ask what would lead them to publish this on their own. They have no motive on their own. Therefore I would conclude that they were asked to do so. The only people I can imagine that would ask Al Jazeera to do this would be either the CBI or the GOI (most likely the former). That being said…this appears very positive.
7-26-2016 Newshound Guru wmawhite [With the IMF endorsing the peg to the USD, how difficult will it be for Iraq to go to a float? And on that note, how hard would it be for Iraq to control/work with that float?] IMO…Iraq/CBI will not float/free float the IQD. The CBI could/can depegged if they want to in the next minute, if that is what is best.
7-26-2016 Newshound Guru tlm724 Article quote: “…the lack of accountability of the misuse of public money, that will sound when the Council is asked to put his bill by the presidency of the Republic, which is empowered to rigging the Constitution was the text of the Constitution…” yep…the Constitution needs some tweaking, it allows them to run roughshod and manipulate the system to their advantage ie: stealing money. Right now their Constitution reads like a third world comic book…It should have been amended years ago!
7-26-2016 Intel Guru ADMINBILL LOOKS GOOD FOR THE NEXT 12 TO 24 HOURS ACCORDING TO LATEST INFO. RUMOR OF ABADI APPOINTING SHABIBI AS HEAD IF CBI TOMORROW. RUMOR ONLY. LET’S SEE WHAT THE DAY BRINGS.
7-26-2016 Newshound Guru wmawhite Article: “Reform plans awaiting allocations and mechanisms of action ” Article quotes: “…said economic consultant Baghdad forum Samir Abbas Alnasiri to put in place mechanisms implementation strategy of the Central Bank of Iraq…” “He added that the provision of the central bank’s six trillion five hundred billion dinars amount of investment is designed to achieve the government’s plan to restructure Iraq’s economy and moving it from rentier economy to a productive economy and give the private sector a key role in achieving this.” this says it right here that this is planned and the IMF is part of moving the Iraqi economy into the private sector.
7-26-2016 Newshound Guru Breitling …First…There is no reason at all to reduce the note count at all if they are going to pretend they are taking the 3 zeros off any of the notes. Second…There is no such thing as an “in country” revaluation. It’s never happened in the history of all man kind. I haven’t found one example. I can go back 100 years and give you a history of currency competition…and there’s no such thing…it simply doesn’t exist. It’s the most ridiculous thing. A lot of articles are coming out about the polymer currency that they want to do. and this also eliminates the idea that they are going to LOP the currency. There is no reason to come out with a new currency if they are not going to add value to it and if they are going to lop the currency there’s no reason to have a new currency is there? It’s doesn’t make sense. The articles coming out about a new currency are very very good…
7-25-2016 Newshound Guru wmawhite Article: “In addition to targeted institutional organization, it would limit the tax evasion operations will be subject to the tax charge for the fact that records companies reveal in front of the tax authorities, as well as regulators are any corporate solidarity does not assume future tax irregularities from the legal responsibility of being officially registered and licensed.” This appears to be huge steps at ensuring that all entities… whether government or private sector are registered and paying their fair taxes. They see the flood gates opening and are ensuring that they are prepared administratively. In other words…if the flood gates of investors were not opening ..why worry about such issues?
7-25-2016 Intel Guru ADMINBILL WE HAVE HAD SOME POTENTIALLY VERY GOOD INFORMATION…AS WELL AS BITS AND PIECES OF NEWS… WE MAY BE LOOKING AT THE 29TH…THAT IS ONLY A RUMOR TO THIS POINT.
7-25-2016 Newshound Guru tlm724 Article: “Abdul-Mahdi: “demographic indicators” serious warning bell” Quote: “He called on the Ministry of Planning and the Central Bureau of Statistics and the various teams, that the statistics-live up to international standards that would solve the many shenanigans. The accuracy and integrity of information is the first ingredient for success in any policy or plan.” they really do need an accurate census BUT that is almost impossible with millions displaced etc… Barzani has always claimed more people then there are in Kurdistan just to increase his share of revenue and payments for false military personnel etc… he’ll fight the census when it does happen because it’s always about the money honey…
7-25-2016 Newshound Guru rcookie Article quote: “MP GHURARI ASERTS THE ABSENCE OF POLITICAL AGREEMENT HAS LED TO THE DISRUPTION OF IMPORTANT LEGISLATION AND NATIONAL LAWS DESCRIBED AS GATEWAY TO IRAQS STABILITY INCLUDING HCL, FED COURT AND AMNESTY LAW BECAUSE OF PREOCCUPATION WITH MILITARY AND SECURITY FOCUS AND MAY BE PUSHED TO NEXT SESSION…” AGAIN SPEAKS TO IMMEDIACY AND PRIORITY…THE IMPORTANT PART IS THEY ARE CUED AND AWAITING ADDRESSMENT…