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Did they pass the 2014 budget? Did they pass the HCL? Will they actually pass the 2015 budget on Sunday? Did they join the WTO? Are they prosecuting Maliki? What happened to Shabbs? Where is the ISX today? Why are the CBI currency auctions so high? Did they distribute the cards and pay the salaries of the government? Are we actually going to see an RV this year? Just some questions that I have not gotten confirmation about. All I get is distractions from news articles and gurus. Can we get some confirmations already? By the way, I have all the financial advice I need already from professionals and other bank executives.

When I read the other day that they would be passing it on Saturday I said to myself "sounds too good to be true" and it was. I've been on this ride now for 11 years and every day that passes is just one more day too many. No one should be surprised by the way Iraq is handling this. It's what they do and how they do things. I must say that Laid Back's opinion of this taking place in 2015 makes sense to me. Either way it's out of our control. The only thing we actually have control of is not letting this make us crazy. So try and enjoy anything thats happening in your life right now, 2015 is just a heart beat away...

I think these are fair questions to ask at this point in time. If any of the DV members can add clarity and verification to these questions I would sure appreciate it.

Oh how I wish I had the power to block you.

at 7:45 MDT, we lost the lady who was to be my mother in law. She has been fighting a tough battle wth dementia, diabetes, only one working kidney and a heart arhythmia for the last 3 years. A year ago she was in hospice and surprised everyone by coming out of it. This time was just too much for her. I know the Prayer Warriors here will come to her husband's and my fiancé's aid by asking for the comfort that only God and His Son can give. Thank you in advance. Eternal rest grant unto Susan, Oh Lord, and let perpetual light shine upon her. May she rest at Your right hand. Amen.

This Canadian has a profound insight of our mid-term election results! Maybe the best and most insightful analysis I have seen or heard. By Marc Patrone, Sun News network America is on the edge of a second revolutionary war. It may not be bloody like the first one, but it will be hugely important. Some might suggest it’s more a civil war, but with liberty and the constitution hanging in the balance, revolution seems a more appropriate comparison. There are no British troops or monarchy to fight this time. The ‘shot heard around the world’ wasn’t fired from a musket, it came from the ballot box. Americans have taken a long hard look at the kind of fundamental transformation promised by Barack Obama and the Democrat party and they want nothing to do with it. The Republican victory suggests Americans are more than just unhappy with the direction the country is headed. Such was the devastating scope of the electoral debacle for the Democrats that it appears Americans are mobilizing for war against the Obama agenda. They are only now truly beginning to understand the threat to liberty he presents. What’s so deeply troubling, albeit not entirely unexpected, is the disdain, arrogance and contempt with which this president dismissed the results. “So to everyone who voted, I want you to know I hear you. To the two-thirds of voters who chose not to participate in the process yesterday, I hear you, too,” he said. Meaning what? He seems to be suggesting that by not voting, the majority of Americans agree with what he’s doing. Terrifying? You bet. It’s taken six years, but the ugly truth about Obama’s contemptuous attitudes toward the people who elected him twice is becoming all too evident. Lame duck? Guess again. The man probably realizes that a chance to remake the U.S. according to his far left view of the world may not come around again. His time is running out. Obama’s ‘nuclear’ option is amnesty for millions of illegals. He expects those illegals will become dependents of the state, thus stacking the electoral deck in favour of Democrats by promising the new ‘wards of the state’ a suite of entitlements. The depth of this destructive agenda is clear, rip off trillions in wealth (which Obama believes was stolen anyway) and give it to those whom he considers ‘victims’ of capitalism. The beneficiaries will naturally reward the progressive left with voter support into perpetuity. Viola, the progressive dream of a one-party state is realized. This has been decades in the making. The left has infiltrated, corrupted, and subverted the institutions that had, up to now, served as pillars supporting freedom, democracy, and prosperity. The bulk of what was once a free and independent media has been reduced to little more than an arm of the Democrats. That tens of millions of Americans are flocking to Fox News, Conservative talk radio and online news sites is heartening but doesn’t change the fact most TV, print media outlets are in an advanced state of putrid, cancerous liberal rot. The same cancer has undermined the school system, ‘big labour,' the environmental movement, and the Hollywood culture machine. Even capitalism itself has succumbed to the lure of easy government money, power and cronyism. So who is left to fight for freedom? The rest of America. Obama will attempt to ram through amnesty, climate change, wealth redistribution and he will ignore the constitution to do it. Republicans have assured Obama impeachment is off the table. And so the battle lines are drawn. Fasten your seatbelts Canada, we’re about to get a front-row seat to the battle for the soul of America and indeed the free world. Let’s hope that, as in the first revolutionary war, that the right side wins. If it doesn’t, we all lose.

You're listening to the wrong "calls". Stay away from Okie, TerryK, DC and Tony (the biggest liar of all, who by the way will be in court 12/15 for fraud and other charges). Read news and the great analysis done here on DV, and make up your own mind. Nobody knows when this thing will happen. Though there has been huge progress since the change in Iraq political scene this past September, they have lots to fix before their currency can grow. Many on this site have been invested and following this for years (5 for me) so you'll have to go to the back of the "frustration" line. But welcome aboard.......

It is my Perspective that when a currency revalue is announced, ALL of the currency units increase in value simultaneously. I cannot imagine it being done any other way. Does anyone know if an RV can occur in chunks and pieces, spread out over time? That wouldn't make any sense to me, in my perspective. What do you all think?

Nadita File – 11/28/2014 Good evening everyone, thanks for watching Nadita File where the spin starts here J Fighting ISIS : Thriver reported Austrian police arrest 13 people suspected of recruiting young people to fight with jihadist groups in Syria. Arrest follow police raids on mosques, apartments and prayer rooms in Vienna and other major cities. Austrian authorities investigating more than 150 people believed to have joined jihadist groups in Iraq and Syria. Other News : Watercop heard former RB Ray Rice wins appeal of indefinite suspension by the NFL, players’ union says. Judge found that the NFL overstepped its authority in modifying Rice’s two game suspension after a video of him punching his then fiancée was made public. Rice was released by the Ravens shortly after the video came out. A-J516 reported from Austin, TX that investigagors are examining motives of gunman who tried to set Mexican consulate on fire. Gunman fired more than 100 rounds at downtown buildings before he was killed. Austin police official says it’s unclear whether the man took his own life or was shot by police. Bomb squad determined that suspicious objects in the man’s car and on his body were not explosives. Obama admin is preparing to transfer more detainees from Gitmo in coming weeks, according to WSJ. Transfers follow defense secy Chuck Hagel’s resignation announcement last week. Hagel has reportedly been criticized by Obama admin officials for moving too slowly to certify detainees for release. Pres. Obama announced before taking office that he’d close Gitmo. Gitmo now holds some 140 detainees, down from nearly 250 when Pres. Obama took office. At its post 9/11 peak Gitmo held 800 terror suspects. Captl1 finally understood why Hagel was fired. Iran’s leader says it is America that will be the loser if talks on Iran’s nuclear program do not yield results. Ayatollah Ali Khamenei said Thursday he approves of plan to extend deadline on talks to spring-summer 2015. Khamenei also warning Israel, saying the country will be more insecure each day, regardless of the outcome of the talks. US and other world power want Tehran to curtail its enrichment of uranium in exchange for an easing of economic sanctions. Umbertino reported live from Guinea as French Pres. Francois Hollande arriving in the Ebola stricken nation of Guinea, becoming the first western leader to visit a country at the center of the ongoing Ebola outbreak. Hollande says France has a duty to support Guinea, a former French colony. France has pledged $125M to fight the virus in Guinea, with plans to open several treatment facilities and mobile health clinics. More than 1,200 people have died from Ebola in Guinea. Treasury Inspector General for Tax Admin (TIGTA) report finds IRS issued $70M in bogus refunds in 2012 to prisoners who filed phony tax refund claims. Report found more than 137,000 phony returns were filed using prisoners social security number in 2012, compared to 37,000 in 2007. TIGTA conducted review after reports showed IRS was not doing enough to crack down on fraud and provide updates to congress, as required by the inmate tax fraud prevention act of 2008. Cook county, IL sues WF accusing the largest US mortgage lender of targeting Chicago area black, Hispanic and female borrowers for decades, with predatory and discriminatory lending aimed at maximizing profit. Lawsuit is the latest accusing major banks of biased mortgage lending. Cook county says damages may total $300M or more. The bull stayed steady on the slippery slope and closing at 17,828. S&P500 is down 5 points at 2,067 and Nasdaq gains 4 points at 4,791. Gold closed at $1,175, silver at $15.55 and copper at $2.85. Crude oil closed at $66.15 Wiljor can’t believe oil prices drop to 4.5 year low in wake of decision by OPEC not to cut production. Brent crude fell to $70.15 a barrel on Friday, the lowest price since May 2010. On Thursday, the 12 OPEC members decided to maintain production at 30M barrels per day. As OPEC holds, prices fold in Exxon (XOM) dipped 4%, closing at $90.54 and Chevron (CVX) also lost 5.4%, closing at $108.87. Solar stocks slump as cheaper oil will taper demand for solar. Solar plays in electricity affectged by price of coal and natural gas. Solar stocks closing down big today : First Solar (FSLR), Sun Power (SPWR), Sunedison (SUNE), SolarCity (SCTY), Canadian Solar (CSIQ). Petrobas (PBR) is down 8%, closing at $9.72. Boosterbglee is smiling as JetBlue (JBLU) rallied 7.5% today, closing at $14.63. Walmart (WMT) leads Dow higher today, closing at $87.54, gaining 3%. Gymrat76541 feels lucky as Liberty Global (LBTYA) shares spike more than 7% , closed at $51.98 at the news of joint venture with Vodafone (VOD) closed at $36.55 From Dinar Land : Chess reported fierce fighting between Iraqi security forces backed by tribal fighters and ISIL in Ramadi as ISIL tried to take control of government buildings which no avail. Anbar has to be deliverated or at least neutralized because of its proximity to Baghdad and pose a threat to Diyala, Kirkud and Salahaddin provinces. ISIL cut all cell communication networks in city and that communications will not be allowed to return for obvious reason that their communication will be picked up by US. Sandly will begin training a group of 4,000 people comprising of Christians, Yazidis and other minorities expressed their desire to fight alongside the security forces and are waiting to be trained and armed. Calkid11 reported life from Sinjar that Canadian transport planes dropped Canadian and Australian relief supplies including drinking water, blankets and food rations on Mt. Sinjar where hundreds or may be thousands of Yazidis are still trapped. Genx4me attends the meeting with members of Human Rights Commission Salamah Khafaji said that political stability and outstanding policies of current government will prove to be the main factor in a military victory against ISIL. She thanked US led coalition for their efforts in aiding Iraqis especially the displaced families. She added Iraq needs to rebuild whatever was destroyed by the terrorists as soon as areas are liberated and secured. Drj was in the meeting with Minister of Oil Adel Abdul Mahdi’s comment mirrored Muna Al Ghourabi’s saying that Iraq must have a balanced strategy of promoting and creating industries and agricultural projects and that private sectors will play a major role in the development of Iraq’s industrial and agricultural projects. Council of Ministers will submit a 108T Iraqi Dinars 2015 budget to the parliament as soon as the final touches are approved by the ministers. House Speaker Jabouri said that House of Representatives expect the budget proposal to arrive on Saturday. Deputy of Minister of Housing and Construction said that they will build thousands of low cost housing units for the displaced, needy and families of fallen security forces members in Baghdad and other provinces. The majority of these units will eventually be distributed for free, the rest will be on investment basis. The Chezh government offered to train Iraqi armed forces and supply the Kurdish peshmerga forces with advanced arms during a visit by Chezh Foreign Minister. Chezh Ambassador to Iraq said his country and Czech companies are eager to get involved in Iraq’s rebuilding. French Ambassador also had a meeting with several Iraqi ministries to announce France and French companies are ready to participate in Iraq’s next phase of building. The French expressed their interest to participate in several sectors including energy, telecommunications and heavy industries. From Rumor Land : Pepperoni on pizza thinks nothing is going to happen for the remainder of this year. BGG says cabinet approves amendments to the draft 2015 budget. Sounds like 2014and 2015 budgets are very close. WMAwhite in his opinion, feels everything is picking up speed. Stryker believes Shabibi will see this through and has been communicating with the board of directors under an advisory position ever since he was accused. Tman23 says KRG delegation led by Barzani along with their Finance Minister and Minister of Natural Resources will meet with PM Abadi, House Speaker Jabouri and Pres. Massoum on Sunday. The spin stops here J send your comments to #naditafile, Dinar Thug is next, good night everyone J

Ok folks let the count down begin .

I read where M showed up in another country with over a billion dollars...sounds like the GOI needs to go after him and get the money back into the treasury. IMO. In addition, how many times has the USA closed down because the budget hadn't been agreed or signed on? MANY. I think this is basically the same thing. I guess we shall see. As for the price of oil ...it should hit the $62 bottom this week and start rebounding. That being said GOI should be able to get the budget approved...emergency session. Looks like it will be headed to $150 or $160 before it drops again, so this should give ample time and funds for the budget and RV. IMO...of course.

Seems like most people are just giving us links to the sketchy Iraqi News and financial advice these days. These questions that I have asked should be on the minds of our members and we need some closure. We seem to give Iraq, Gurus and Pumpers the latitude to be so vague. I have seen the changing and addition of the next generation of members each year across many websites with exception of a few like Medic, TerryK, Gankins, and Erroste who were bounced from this site four years ago. New members seem quite content with not getting answers to their questions about their Dinar investment. The words "Soon", "In the coming days (weeks, months)" appear to frustrate us all. I know that I have not been in this investment as long as many members. (only 5 years) I don't treat my investment as a joke nor will I be satisfied with "stepping away", "taking a break" or "chillin". I have my own answers to the above questions but don't see yet how and when they are satisfied they get us to the supposed RV. I am confident that these questions can be answered by some of the several thousand members we have here at Dinar Vets. Over the years I have wondered why we don't have more information from people that are or have been deployed to Iraq giving us information or why there is such secrecy over a simple currency investment. What makes Iraq so special?

Good point.

Currency Auctions Announcement No. (2829) The latest daily currency auction was held in the Central Bank of Iraq on Saturday, the 29-11-2014. The Port on Sunday, 30-11-2014. The results were as follows: DETAILS ---------------------------------------------- NOTES Number of banks 11 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 105,151,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 105,151,000 Total offers for selling (US$) ----- 1. Note That: The sale of remittances Price (1187) JD / dollar, including the commission of the Central Bank in the amount of 21 dinars per dollar. Cash sales price of the dollar (1190) JD / dollar, including the commission of the Central Bank in the amount of 24 dinars per dollar. 2. the quantity sold in the amount of cash (27,650,000) dollars and the quantity sold in the amount of remittances (77.501 million) dollars. 3. The CBI will continue to sell and buy the dollar and the price (1166) and receive the same commission mentioned above. Announcement No. (2830) The latest daily currency auction was held in the Central Bank of Iraq on Sunday, the 30-11-2014. The results were as follows: DETAILS -------------------------------------------- NOTES Number of banks 17 Auction price selling dinar / US$ 1166 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 149,354,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 149,354,000 Total offers for selling (US$) ----- 1. Note That: The sale of remittances Price (1187) JD / dollar, including the commission of the Central Bank in the amount of 21 dinars per dollar. Cash sales price of the dollar (1190) JD / dollar, including the commission of the Central Bank in the amount of 24 dinars per dollar. 2. the quantity sold in the amount of cash (48.775 million) dollars and the quantity sold transfers of $ (100 579 000) dollars. 3. The CBI will continue to sell and buy the dollar and the price (1166) and receive the same commission mentioned above.

TAKE HIM OUT

My contacts tell me this will be done by 12/1/14, if not then look for it on 1/1/15, if not, then look for it 2/1/15, if not then look for it 3/1/15, if not then look for it 4/1/15, if not then look for it sometime next summer or sometime in 2016, if not then 2017 seems like a good year.

Please dear God I hope you're correct.

Thugzzzzz....you'll be happy to "pass" anything!

It's Reining again!!!

I look forward to reading your articles each time that you post them, Nadita! Our time is close at hand! Thank you for your continued uplifting and positive threads! God Bless you!

Short answer ----> Yes, every single IQD bill, the world over, all at the same time.

Maliki should have been done along time ago...

Nadita, tomorrow could be one of the most important day in Iraq history.... Budget and HCL signed and done.!

HOPE YOU HAD A GOOD ONE CLOWN

Thug is having franks and beans for dinner today

"Well deserved" vacation...... that they take every other month.

Ewingm let me explain it to just a good old country boy like yourself. You see they got swords and cap guns and some firecrackers they are cowards who blow themselves up and kill innocent women and children. I have full confidence in our military, all they need is the word and they will be hammered back into the submissive little camel and goat molesters they are.

For me to reply completely to your question would take more time than I wish to waste. Any comparison to ISIS and "the second coming of Christ" is in poor judgment on your part. My opinion is that ISIS was created by the PTB to serve a purpose, that being to remove Asad in Syria. For the most part they are a joke. They can be brutal, yes..... but who is it they seem to be recruiting.....disillusioned teens from around the world..... some fighting force that will be..!!!

It'll happen the day TNT Tony actually tells the "truth". Ho ho ho.

Maliki of Beirut: it only remains to Daash Mosul, Iraq will be a graveyard SUNDAY, OCTOBER 2 / NOVEMBER 30, 2014 08:29 J P Twilight News / Deputy Iraqi President Nouri al-Maliki, said security forces backed fighters popular crowd regained most of the Iraqi areas dominated by Daash after the tenth of the month of June, has not left the organization, but the city of Mosul, Nineveh province. Maliki said in a statement to the official Lebanese news "I think we we re more than 50 percent, leaving only the connector and some areas. The experience of these worthy of study, and this causes shock, the army and the crowd and popular participation of leadership in the confrontation with al-Qaeda and Daash, and this is expressed jealousy among Iraqis supported the advisory opinion of reference. " He added that "Iraq will Daash cemetery, and when we think of ending Daash in Iraq, we have to think in the end it in Syria, they are linked historically (Syria and Iraq). The treatment of terrorism carried out in any one country, and the world must be based joint action to combat terrorism." He said al-Maliki said "the issue of the alliance, it is served on the aircraft strikes but does not liberate lands. It frees the ground are Mujahideen, from the popular crowd, and stationed in the field." He has arrived in Beirut on Monday at the head of the delegation accompanying him on the part of an official visit to Lebanon, where he will meet a number of Lebanese officials, and looking with them the current situation in the region, and to strengthen bilateral relations between Lebanon and Iraq. URGENT: Hamoudi al-Maliki's son sentenced in Lebanon (see picture) 30-11-2014 02:00 PM pic won't load Lebanese security forces arrest (Hamoudi) Ibn al-Maliki and his possession billion and a half dollars and Maliki to Lebanon to settle the matter after he picked tell that al-Maliki will visit Lebanon official invitation. , where an official said he wanted not to be named 'Network of the observer' that al-Maliki's visit to Lebanon came to the rescue of his son Ahmed, who threw the Lebanese security forces in possession of it on the billion and a half dollars in a Lebanese homes and with him two. And still the security forces were investigating. The go-Maliki to Lebanon is to settle the issue with the Lebanese security authorities, where mediates views Lebanese influential to resolve the issue. In addition to that, the one Lebanese lawyers filed a lawsuit against al-Maliki for his involvement blew the Lebanese Embassy in 1981.

Urgent .. Council of Ministers of Parliament: the budget in 2015 after 10 days History of edits:: 11/29/2014 7:11 p.m. • 200 visits readable {Baghdad: Euphrates News} told the Legal Adviser to the Prime Minister Abbas al-Saadi House of Representatives not to the arrival of the next year's budget 10 days ago. He said al-Saadi told {Euphrates News} "The public budget for next year will not be up to the House of Representatives 10 days ago. The Cabinet decided during its only exceptional to review the proposal for the general budget for 2015, the formation of a ministerial committee shall conduct a comprehensive review of public expenditure of the state. A statement by the Council of Ministers received {Euphrates News} today that "an extraordinary session held Cabinet to review the proposal of the general budget for 2015 submitted by the Ministry of Finance. He added that "in light of the sharp decline, which happened in oil prices over the past few days and caused a serious increase in disability rates, The Cabinet decided to form a ministerial committee shall conduct a comprehensive review of public expenditure of the State; to get out the recommendations made ​​during the week to address and reduce the projected deficit in Almoisna.anthy

They're going to pass the Budget immediately... Lord knows how they love their vacations... Don't worry political Iraqi-ins, you'll get your vacations "soon"... "In the coming days" if you will...

1) No 2) No 3) No 4) No 5) No 6) Nothing 7) Nowhere 8) Everything is relative 9) No 10) No

woooo.....really??? I have missed that. I hope it's true. Mahmoud is fired???? Please let it be so. He was illegally in that position. the loss of Medhat Al Mahmoud for his position, a Read more: http://dinarvets.com/forums/index.php?/topic/191707-maliki-loses-his-job-again-11292014/#ixzz3KW5dVbNK wo hoo i found it! Thank you Boozer and Butifl.

When people in one country demand products from firms in another country, they must enter into another market first, to buy that nation’s currency. For example, if you were employed as the merchandise buyer for a retail consumer electronics firm and wanted to buy Sony CD players to sell to your customers, you would not simply send a check to Sony in the amount of American dollars. Firms want to deal in their own currencies. As a result, you would have to go into the foreign exchange market to buy yen, which you could then use to pay Sony for the CD players. supply1 In the same way that supply and demand for products shift to change the prices of those products, the constant shifts in the supply and demand for foreign currency result in changing prices of currency. As a result, the “price” of money changes as demand for foreign currencies changes. This “price” of foreign currency, in terms of U.S. currency, is known as the foreign exchange rate. It simply tells you how many American dollars it will cost you to purchase a unit of foreign currency. This “floating” foreign exchange rate changes daily with the international supply and demand for currency. A number of factors can increase demand for a foreign currency. If the other nation’s products sell at a lower price than domestic products, consumers will increase their demand for imports. If domestic incomes rise or domestic inflation rates are higher than those in other nations, demand for imports will rise, as well. In capital markets, if another nation’s interest rate (return on investment) is higher than the domestic interest rate, some people will choose to invest in the other nation’s securities. When consumers import more products from a country or invest in that country’s securities, their demand for that currency increases. This increase in demand pushes the price of the currency higher, so their currency appreciates (rises in value).supply 2 Because consumers use U.S. dollars to buy the foreign currency, when the demand for foreign currency increases, the international supply of U.S. dollars increases proportionately. As the supply of dollars increases, the “price” of U.S. dollars falls, causing the dollar to depreciate (fall in value). In the international market today, the supply and demand for currencies and the resulting relative values of currencies can affect the demand for imports and exports. For example, if we have a strong dollar, the dollar is very valuable compared to other currencies; other currencies appear very inexpensive to us. Because we can buy the currency more cheaply, the prices of the country’s products appear lower to us. And at lower prices, quantity demanded rises. So when the U.S. has a strong dollar, we buy more imports from foreign countries. This helps U.S. importers, such as electronics outlets, grocery stores, and gas stations, because when they can buy goods at a lower cost, they can offer those goods to their customers at lower prices, increasing the quantity demanded for their products and potentially increasing their profits. An important negative effect of the strong dollar, however, exists for American exporters. When we have a strong dollar, buyers from other countries see our currency as being very expensive; they must give up more of their currency to buy dollars. As a result, the prices of our products appear more expensive to them. Therefore, the quantity demanded of our exports falls. This harms U.S. exporters, such as computer companies, auto manufacturers, and farmers, because they must lower their prices to try to attract demand for their products, resulting in lower profits and possibly forcing some firms out of business completely. The resulting impact of a strong dollar is a trade deficit. Imports rise, while exports fall. The interesting thing about this entire phenomenon of changing exchange rates is that they can be self-correcting over time. For example, when we have a strong dollar, we demand more pesos to buy more Mexican products. But the very act of demanding more pesos causes the peso to appreciate, so Mexican imports appear to be more and more expensive over time. At the same time, the supply of U.S. dollars in the international market is growing, so their value falls as the dollar depreciates. Over time, imports are not as attractive, but our exports become more attractive to other countries, because their currency has become stronger. At that point, the U.S. would have a weak dollar--a condition, in which U.S. dollars are not very valuable compared to other currencies. Such a situation helps U.S. exporters, but hurts U.S. importers. This rise in exports and fall in imports results in a trade surplus. But over time, the situation can again reverse itself, as the increased foreign demand for U.S. exports forces up the prices of American goods internationally, so the quantity demanded by foreign countries again begins to fall. In the cycle of international trade, changes in relative incomes, inflation rates, product prices, and interest rates can affect the international value of currencies. And at the same time, changes in the international value of currencies can affect the demand for products and securities in the international marketplace. As supply and demand for currencies change, the values of those currencies change. When the U.S. dollar is strong, imports seem less expensive, leading to increased demand for imported products and the currency needed to purchase them. In addition, when interest rates in another nation are higher than those in the U.S., demand for the foreign currency rises, as people buy the currency in order to invest in the other nation’s securities. At the same time, a stronger dollar decreases exports, because they appear more expensive to foreign consumers. Therefore, a trade deficit develops as the result of a strong dollar. The opposite effects result from a weak U.S. dollar. While importers prefer a strong dollar, exporters prefer a weak dollar. The differences in currency values can affect our ability to buy imports or sell exports, affecting our standard of living. Therefore, the effects of currency crises in other nations are not limited to those nations -- they can affect our economy and our lives in important ways. Iraq imports most of its goods and services so they need a strong dinar It's exactly why they have always had a strong dinar For importing

Thanks

Relax It's "THANKSGIVING" Weekend - He's Got Immunity !

He went to Taco Bell............RUNI meant runs

Been loving those bank stories since 2009! They just get better every time!

Sell Dong

I remember seeing a version of this in grade school. Just as powerful today as it was 40+ years ago

The plot sickens

I have a sign above my desk at work that says “Stupidity Should Be Painful”. Years ago my brother and I were at a candy store. He asked the girl behind the counter for a quarter pound of chocolate covered peanuts. The clerk was obviously confused and responded “We do not sell them by the quarter pound, just the ¼ (one fourth) pound.” Her next comment should have been “Ow, that hurt”!

That does seem to be the belief of the Obummer administration. Remember the head of the NSA telling congress that he did not lie under oath, he " just chose the least untrue response". Kind of like the old lawyer joke: "The truth, the whole truth, nothing but the truth. Which one do you want?"