Iraqi Dinar Guru opinions 7-3-16

Iraqi Dinar Guru opinions 7-3-16

7-3-2016 Newshound Guru Enorrste Article: “Parliament: the signing of Iraq to loans require him to impose extra taxes on the citizens needed to be reviewed” First, I believe that it is obvious that this is all being directed from the IMF. As trustee of the CBI they are fully in control now, in my view. I see this, then as a positive move. How, then, can raising taxes on the people of Iraq be seen as a positive move? The answer is in the articles themselves. First, only the wealthy are being taxed. Anyone on government assistance is excluded. Second, we read in the articles…that the goal is to get the money out of the mattresses. Obviously asking the wealthy to do this isn’t working. How else can they do this? Simple: tax it away from them. In doing so the government increases its revenue while at the same time possibly reducing the money supply (to the extent that they don’t spend it).

7-3-2016 Newshound Guru Enorrste Third, we read that $7 billion worth of dinars will be loaned out. What is the effect of this? The first thing is that to get the money you have to use a bank. The second is that the money will be loaned out to specific individuals for specific purposes, thus directing money into the economy where the government (read IMF here) wants it to go. And, third, the money will be loaned out over time. This is important because it need not increase the money supply at all. Instead it will increase economic activity which will lead to an improvement in the value of the dinar (the stated goal of the IMF). It will also make Iraq more attractive for foreign investors as they start to see things moving in Iraq economically. In short, this is a “stimulus” package of sorts created by the IMF to kickstart some serious economic growth in Iraq.

7-3-2016 Newshound Guru Enorrste Finally, with respect to the introduction of the 50k note, I would disagree …that it increases the money supply. It is not as if the CBI is just handing out these new notes to people, which would in fact increase the money supply. Instead, the notes are purchased by people who are holding smaller denominated notes. The net affect on the money supply is zero. The smaller notes go to the CBI, who issued the larger notes, and will sit there until they are destroyed, if they haven’t already been destroyed. In any case, they are no longer floating around in the money supply as we know it.

7-3-2016 Newshound Guru Enorrste To sum up: the IMF is pushing the plan forward. The increase in taxes is bringing money out of the mattresses. The loans will force Iraqi businessmen to use banks. The increased economic activity will interest foreigners. All of this will have an upward pressure on the value of the dinar over time. Of course the time frame is our concern. It doesn’t appear that the IMF will bring Iraq into the “real world” by the middle of this year. Hopefully by the end of this year we will see movement in that direction.

7-3-2016 Newshound Guru Mountainman Article: “Minister of Trade and agency relations with China and the solid volume of trade exchange between the two countries in the rapid development” CHINA and IRAQ both (UNDERSTAND) their Respective Realities and the TIMING as Well…therefore, as The FALL Approaches and NEW LEAVES “Turn” their TRUE COLORS…A New DIGITAL PLATFORM Awaits [ALL] Countries on Sept 2, 2016… So the THEME of (NOW) Implies Other Realities for IRAQ and This “COORDINATION of REHABILITATION”…[WHY]…?

7-2-2016 Newshound Guru Stryker Iraq new 500-dinar note with Kurdish reported. The 500 dinar banknote will be the largest denomination once this all goes down, so there’s no need to add the Kurdish language to the three zero notes because they will be deleted from circulation over the next few years once they roll out the new lower denominations.

7-2-2016 Newshound Guru rcookie THE THINGS THE IMF IS REQUIRING TO GET DONE…LEGISLATIVELY…ARE REVISION OF 2016 BUDGET LAW…REVISION OF CBI LAW…VOTING OF PUBLIC FINANCIAL MANAGEMENT LAW….BUT WE NEED PARLIAMENT BACK TO WORK…YESTERDAY!!

7-2-2016 Newshound Guru Mountainman IRAQ and the USD are Moving On UP TOGETHER…for IRAQ is Pegged to It…The TIME is Not Yet to be Seen…Just because IRAQ hasn’t Changed YET…Doesn’t Mean their (Turn) isn’t About to TURN OVER RED ROVER…{ALL} this is A GLOBAL HEAT WAVE of TIMING…from the EAST to the WEST…A GLOBAL MELT DOWN w/ A Designed PRECISE {COUNTDOWN}…IMO

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