Iraqi Dinar Guru opinions 8-17-16
Iraqi Dinar Guru opinions 8-17-16
8-17-2016 Intel Guru Frank26 Quote: ”The Duties of the WTO Task Force is to Reduce the Difference of the Value of the IQD to the USD and Activating Iraq’s Private Sector” …the WTO is telling you they have a task force in Iraq and we are doing our best to close the gap between the IQD and the USD…by raising the value…The WTO is now in position to welcome them…how will you know when Iraq is international…the moment the WTO tells you they have accepted them as members…the international status of Iraq is eager to introduce their currency…not at a program rate.
8-17-2016 Newshound Guru Kaperoni Article: “Keywords acknowledges the absence of fiscal policy and accuses the institutions working for political interests Baaaguetha” Don’t confuse “fiscal policy” with “monetary policy” Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is the sister strategy to monetary policy through which a central bank influences a nation’s money supply.
8-17-2016 Newshound Guru mike Article quote: “…the lack of confidence of citizens in banks behind it are many reasons, such as lack the Iraqi government keeping its commitments to the private sector…” Literally, for years, we’ve read about the banks not being up to snuff, corruption and the governments lack of support for the open market economy. Statistically speaking, they can’t maintain this kind of failure and ineffectiveness forever, can they?
8-17-2016 Newshound Guru rcookie Article quote: “Ahmed Abd Rabou opened the Commerce Department a new center for Supply in the city of Ramadi…” …HERE COMMERCE MINISTRY IS ANNOUNCING OPENING OF NEW SUPPLY TRADE CENTER IN RAMADI AFTER ACHIEVING REQUIRED STABILITY IN RECORD TIME…TO SAY THAT ABADI AND HIS NEW CABINET MINISTERS SWORN IN YESTERDAY HAD A HUGE DAY TODAY…BIG UNDERSTATEMENT…
8-17-2016 Newshound Guru Breitling …Iraq has been hit because of the oil prices that went down. It messed everybody up…it really did. but in the end what’s the answer? What’s on the table? Banks are having problems getting people cash. And then you have people out there say they have too much dinar out there so it’s not going to revalue. how does that work? doesn’t make any sense does it? Not only that but you have two reports that came out talking about one at 6 billion notes and one at 4 billion notes. [See Bretling Post from 8-16-2016] …Yeah let’s say it’s true…they have 53 trillion dinar…then yeah it’s not going to revalue. but it’s up to you. I’m not going to convince anyone of anything, it’s not my job. I know exactly what’s going on. I know exactly what the numbers are. And they’ve reduced it since the 4 billion note count. How long ago? I don’t know. I know what’s coming down the road….what’s going on in Iraq is pretty shocking.
8-17-2016 Intel Guru Frank26 Quote: ”The GOI Signs on Thursday a Memorandum of Understanding with the United Nations that Requires the Involvement of International Investigators in the Files of the Grounds of Corruption” the UN is there with…handcuffs…to a degree…The UN is going in to…to remove the corruption…We are waiting…and watching for the UN to be successful in what they are doing…me and my TEAMS only care about the UN, the WTO, the IMF and the USA right now…Monetary Reform is out right now in front of our eyes…even before they release Mosul to you as liberated…they have already passed all the laws for the Monetary Reform…once they give you Mosul…what did we tell you…IMO the Monetary Reform will come at you with the speed of light.
8-16-2016 Newshound Guru rcookie Article: “Basra calling for the rehabilitation of border outlets being an important economic resource” …WHERE AT ONE TIME THE CUSTOMS TARIFFS INCREASES TO BE IMPOSED AT BORDER POINT WERE MAJOR OBSTACLE AND SOURCE OF CONTENTION IN THESE BORDER CROSSING AREAS…THE SUCCESS OF THE REVENUE STREAMS TO THE COUNTRY AND PROVINCIAL SHARE OF THE REVENUES HAVE THESE AREAS TRIPPING OVER THEMSELVES TO GET ENGAGED…WHAT A DIFFERENCE A YEAR MAKES.
8-16-2016 Newshound Guru Breitling Article “Dozens demonstrate in front of the family bank in central Baghdad to demand their money…” People don’t realize this but this has been going on at more than one bank. The thing is the banks are not releasing cash to the citizens. And that’s strange since there are misunderstandings out there of how much dinar is out there. With all that dinar out there [Said sarcastically]. There’s a shortage of getting citizens their money? That worthless dinar? How does that happen? Strange circumstances don’t you think? With trillions and trillions of dinar out there…and that’s the accusation that’s out there…why would they have problems giving cash to people on the streets? [If there was trillions of dinar] It doesn’t exist. …it’s not a nation wide thing but it keeps happening over and over again. So again, my question is…With all these trillions of dinars? …It’s the note count and it’s something that’s not talked about…
8-16-2016 Newshound Guru Breitling They [People who feel there is trillions of dinar out there] look at the CBI and they’ll look at the reports coming in and it says in their reserve they have 53 Trillion dinar or 61 trillion…at one time it was 81 trillion and then it went down. People don’t understand it’s all the assets combined…it’s gold, it’s oil, it’s the reserve, it’s not the country’s note count. There are 2 reports that come out…one report said they had 6 billion notes and how much dinar that represented…I’ve talked about this for years. Then the next report came out and it said it was down to 4 billion notes but it never came out with how much that 4 billion represented. People would get the countries note count mixed up with the countries overall value.
8-16-2016 Intel/Newshound Guru Mnt Goat By the time the new RV happens they want to have as much of the 3 zero notes already exchanged in Iraq as possible. The e-dinar implementation will also help too since I believe this is why they will use the e-dinar for months to pay people instead of hard currency. (from Sept 1st 2016 thru Jan 1st 2017)… This will not put any more new currency back into circulation and thus limit the possibility of 3 zero notes later. So they needed all this time to clean up the financial and banking system. Remember the IMF came into being a major player in the process in Oct 2015… This new 5.4 billion loan is bait…bating Iraq to go alone with the needed reforms. Also they do not want to give them this aid unless they can pay it back and the reforms are their assurance. They are supposed to get another 2 billion of the loan by the end of the year. Do you now see just how close we are to the RV? We are approaching an RV window…The window is Sept 1st 2016 thru Jan 1st 2017…its coming…at least they will attempt it one more time.