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I have been in this dinar journey for quite some time J and I am the kind of person, who look at things both ways and draw my own conclusion because I have a simple mind that process things differently.  I learn in this dinar journey not to throw the baby with the bath water.  I pick things that I feel right and throw things I don’t need J

 

I understand the frustration of being full to the throat of hearing daily about the rv is coming tomorrow, weekend from gurus or people who so called have intel.  And guess what, that rv train has not come yet.   I understand because I am in the same boat as you are, but still at the back of my mind, in the corner of my heart, I hope it’s true and yet there is this big question “REALLY?”.  There supposed to be a process, laws to follow and they just can’t flip a switch and whoala … GOI is fully formed and functioned  and the big rv is here J can they do that in two days, a week, a month? It doesn’t make sense, because it’s a country and there are protocols to follow. That’s true.. but remember, we are dealing with Iraq J

 

Iraq has better priorities than the rv.  As much as we all want the rv train to come right now at this moment, I don't think it's going to happen.  Dealing with Iraq is like watching a magician.. a master of disguise. One minute nothing, the next minute whoala... I have watched the news on CNN, read the rumors, read the news.  Just for example the new PM, the news in the weekend was crazy.. postpone to Tuesday, no Thursday, no Sunday at midnight, no August 19th ... all the confusion or in fact it was a disguise.  they submitted five names for PM : Chalibi, Mahdi, Khozai, Jaafari, Shahrastani.. and when the PM showed up.. it was Abadi.  None of the nominated names.  They elected Abadi as a Deputy PM, then they whipped him to PM.  Hope I got this right.. been too much to read to make things straight lol

 

We all have our own motives to want the rv to happen right now.  But it's about Iraq and its people.  We are only the added burden on their wagon.  Iraq should think about putting the functional government, deal with ISIS, and bring stability to the country and their people.  Iraqis are also proud people of their country and heritage.  They were once in the glory of their splendid wealth.  They will not want to stay down throdden forever.  They will rise again and right now… like a new baby.. it will go through the stages before the baby can walk.  Some babies walk in 8 months, some babies don’t walk until 14 months.

 

We are not in Iraq and don't really know what's going on there, we only hear what they let out of the bag.  What they let out is what they want us to hear and see and it could be manipulated but we have to decipher of what’s coming out of Iraq to get a glimpse of what’s happening.  I don't think Iraqi people know much about what's going on with the government either if they have to run for their lives. 

 

A lot of us are full to the throat of hearing daily about the rv from gurus or people with intel and it doesn't happen.  We get mad and discount the news and we start spewing about them lying and being pumpers, etc.  I believe in dinar world, there are pumpers to gain personally, there are people doing things in the name of God, but there are people who out of the goodness of their heart, work really hard to bring some news to us or intel they hear.  We don't have to go far.. just within DV family.. I have watched Yota, TBomb, Buti, Knights98, Ronscarpa, Dinar Thug with his humor to scavenge their resources to bring news to us to read.  They have spent hours and hours of their time relentlessly to bring us the news.  What is that for..? so we can read and draw our conclusion, but most of all, to give us hope.  With this news, we are a step closer to the goal.  I also learn in this journey, to take everything with a grain of salt and breathe, we should not forget, we are dealing with Iraq.  I think they are as confused as we are and some of them have to find cover for their lives now. 

 

When we got into this investment either we read about it, heard it from a friend, family member, or colleague or people we do business with.. they told us it was going to go up in value and make us rich.. That in itself can be classified as rumor.  What did we do? we listened, we thought about it, and we bought J  Why did we buy into this crazy investment…? because it gives us hope to be able to chase our dreams, live our lives the way we want to, quit our jobs, take us out of dire situation.  Whatever reason is that got us into this journey… we believe, we hope.  Now that we have been in this journey for a few years.. we are getting tired and weary of waiting.  Do we go back to our source and get mad at them..? definitely not me.. because I voluntarily decided to buy and jump on this boat.  If I were to do so, they will think I am wacko beyond repair.  I was told it would rv in 3 months and here am I .. still here waiting for rv J gosh..I sound like the song lol

 

When we started walking into this dinar journey with the promise it was going to be a paved road all the way, finding out it is not true because they are potholes, big rock, little rock, branches, sometimes hills to climb.  Some decided to abort the journey, some take rest, some kept going because there are people that we walk together with that make us laugh because of their humor making the walk easier, or the little bird chirping that lifts our spirit and give us hope and hopefully soon we get onto the paved road. 

 

As frustrating as it is to hear the rumors of rv all the time, we tend to cling on it also because it gives us hope.  Just in case, this time, this person will hit the mark and it comes true.  We need something to cling on in this journey to give us hope either in the form of news that we read, the rumors that we so much despise, or the intel.  It's a catch 22, the love and hate relationships of rumors, but yet we peek at those things because deep down inside of our hearts, there is that little hope of "just in case".  Because hope even though it's frail, but hard to kill J  that's why some of us decided to go all the way through this journey no matter what the outcome is going to be, because we believe and we hope J

 

If that's what we decide J we are in the same boat, either we are going to push each other because somehow we don’t like what they bring to the table, the circle of rumor doesn’t fit in the square of rv.  Some will fall out of the boat and become casualties and we won’t hear from them anymore.  Or, we listen cool head and light heart and hopefully the wind of hope will take us to the island of destination where we can get off the boat and make our huts J

 

So take the journey lightly.. read the news with open mind, chuckle when you read the cartoon rumors, because some of them are funny J hear the intel with light heart… most of all, smile J, listen to the music and enjoy the view and the breeze because the boat is not going faster than it has been even though I can say, the wind has picked up some but we still have a distance to the island J and how far is the island.. we don’t even know.. didn’t Columbus say the world is round..? and people said no.  They were hoping not to see him and the boat when he set his sails.. only the brave ones went with him that risk not coming home, but they found a new world out there J   Gosh..I can write a book about this journey J

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......or, this would all make a great movie. Lots of individual stories. I've thought of being "logical" and bailing

out upon occasion.......THEN, I get a sick feeling in my stomach that it might really RV on Monday!!......... :P

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......or, this would all make a great movie. Lots of individual stories. I've thought of being "logical" and bailing

out upon occasion.......THEN, I get a sick feeling in my stomach that it might really RV on Monday!!......... :P

 

Chess...

 

you got boat sick..? lol

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You said it well. The bottom line is, if I had not gotten into this years ago, and had heard of it today, I would still get on board with all the risk and heartache. It was my choice and it still is my choice today. I couldn't have it any other way...

You see, it gives me hope that some day I will truly live the life I really want to live, and give my kids the future they deserve.

Sometimes I'm frustrated other time hopeful, but it is always a thrill to watch getting closer each day. 

Besides what the hell is life without a little risk in it...

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You said it well. The bottom line is, if I had not gotten into this years ago, and had heard of it today, I would still get on board with all the risk and heartache. It was my choice and it still is my choice today. I couldn't have it any other way...

You see, it gives me hope that some day I will truly live the life I really want to live, and give my kids the future they deserve.

Sometimes I'm frustrated other time hopeful, but it is always a thrill to watch getting closer each day. 

Besides what the hell is life without a little risk in it...

 

Kostaske :)

 

I agree with you 100%... 

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You have to concider the trade balance

Trade balance of real goods and services

Imports vs exports

This is the determining factor

How much can they import vs there exports

If Iraq has 100 billion in exports (soveriegn income)each year

How much currency can they sustain spending externally each year ?( on imports )

If you give the Iraqis trillions of dollars how can you stop them from buying trillions of dollars in imports cars boats farm equipment construction equipment housewares Ect

You must limit external spending to equal to or less than your income of 100 billion a year

How do ya keep the Iraqis from spending the money a rv would provide ?

External debt to GDP is what caused the dinar to be what it is today

After a rv

How can you prevent the same thing from happening all over again almost instantly over night ?

Answer is you got to increase soveriegn income before you can rv

10 million barrels of oil a day would generate 1 billion dollars a day

365 billion a year

That would not cover trillions of dinar being spent

They are at least 10 years away from reaching 10 million barrels a day oil production

Go rv

How ?

Do ya think getting rid of Maliki will bring that rv?

How ?

Edited by dontlop
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Rethink it

It's not that hard

But it was covered up with the daily news in Iraq

Which had nothing to do with a rv

No law will change Iraqs soveriegn output overnight

Either they have production or they don't

The only way would be to rent their assets

To borrow against them and increase the country's oil production and private sector economy to a point they can sustain the amount of a currency revaluation they put on the dinar

Or just continue on spending years to build it up

Edited by dontlop
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You have to concider the trade balance

Trade balance of real goods and services

Imports vs exports

This is the determining factor

How much can they import vs there exports

If Iraq has 100 billion in exports (soveriegn income)each year

How much currency can they sustain spending externally each year ?( on imports )

If you give the Iraqis trillions of dollars how can you stop them from buying trillions of dollars in imports cars boats farm equipment construction equipment housewares Ect

You must limit external spending to equal to or less than your income of 100 billion a year

How do ya keep the Iraqis from spending the money a rv would provide ?

External debt to GDP is what caused the dinar to be what it is today

After a rv

How can you prevent the same thing from happening all over again almost instantly over night ?

Answer is you got to increase soveriegn income before you can rv

10 million barrels of oil a day would generate 1 billion dollars a day

365 billion a year

That would not cover trillions of dinar being spent

They are at least 10 years away from reaching 10 million barrels a day oil production

Go rv

How ?

Do ya think getting rid of Maliki will bring that rv?

How ?

 

Dontlop :)

 

Impossible.. my simple math says I can't spend more than what I bring in, if I do that, I am in a lot of trouble financially.  It's all speculation :)  heck if the US can't even balance their budget and we are printing money like there is no end.. how can we expect Iraq to balance their books..? no high rv will cover their spending.  I sometimes wonder how a country keeps running with negative budget.. because it doesn't work that way in my world.. :)  I would like to know their formula :)

 

It's all speculation till proven real :)  no one knows where the ball is going to fall.. black, red, and what number.. we all can speculate based on what we see and hear... makes us wonder and wander in the dinar wonderland :)

Rethink it

It's not that hard

But it was covered up with the daily news in Iraq

Which had nothing to do with a rv

No law will change Iraqs soveriegn output overnight

Either they have production or they don't

The only way would be to rent their assets

To borrow against them and increase the country's oil production and private sector economy to a point they can sustain the amount of a currency revaluation they put on the dinar

Or just continue on spending years to build it up

 

Dontlop, 

 

I hear about the renting too.. heck they are pumping about what..? 1 - 3M barrels a day.. that is a lot of money.. Iraq said they produced 45M barrels in the first 6 months of this year and that is 45B dollars at 100 dollars per barrel.. . that is a lot of money and if you exchange it to 1166 dinar per dollar.. how much is that? my calculation doesn't go with that many zeros ;)  and they are fighting over who seats in what chair..? wonder if the chair cushion is stuffed with dollars lol   

 

To me, nothing makes sense with Iraq... we just have to wait for the premiere of the movie called "RV"..  :)

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Saddam had their debt to GDP ratio at 600% debt to GDP

He had to print money to pay off his debts

If I owe you 100 dollars and all I got is 100 dollars I print up another 100 dollars to pay you but the dollars value is cut in half now

So I still have my 100 dollars and you have yours but from that point forward those dollars only buy half as much

This is why credit ratings are issued

That's also why audits are necessary of the central banks books each year

Right now Iraqs debt to GDP is around 30%

Which is very good compared to the rest of the world

I don't think they want to screw that up

The USA is 100%

That's why the dollar loses value everytime they print up new money

There is no new money

Our economy had to expand to generate new money

But the democrats want environmental protection and they think its their job to stop growth

To stop cutting down trees , to stop steel mills and factory outputs to stop cars and trucks

They want us all in cities using public transportation

They are stopping economic expansion and growth

The republicans push for economic growth

Democrats want regulations tying the hands of the businessmen

Until the democrats are out of the picture we are screwed in America

All the other country's love the democrats shutting down our businesses because then they get all the business in their country's

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Saddam had their debt to GDP ratio at 600% debt to GDP

He had to print money to pay off his debts

If I owe you 100 dollars and all I got is 100 dollars I print up another 100 dollars to pay you but the dollars value is cut in half now

So I still have my 100 dollars and you have yours but from that point forward those dollars only buy half as much

This is why credit ratings are issued

That's also why audits are necessary of the central banks books each year

 

Dontlop :)

 

I got it.. I learn a lot of things going on are manipulated and swayed by how the puppet master moves his strings. so go figure.. :)  we only can read, discuss and back to square one again.. feel like playing tic tac toe a lot of times :)

 

If this ever comes to fruition... it will be great.. if not, I learn so much and I have met some friends along the way.. is it worth it? oh yeah... will I do it again...? you betcha ;)

Edited by Nadita
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So 5 years ago the m2 money supply was 9 trillion dollars

They printed up 3 trillion new dollars since

So the dollar lost 33% of its buyng power over the last 5 years

Which would be ok if wages followed up by increasing wages 30%

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So 5 years ago the m2 money supply was 9 trillion dollars

They printed up 3 trillion new dollars since

So the dollar lost 33% of its buyng power over the last 5 years

Which would be ok if wages followed up by increasing wages 30%

 

And it's not so our money doesn't go as long as we want it to.. so.. we struggle, we cut corners.. life goes on... :)

 

It looks impossible and with our buying dinar, we in a way have been funding Iraq for their spending... I got the picture ;)

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The thing is these other country's that hold our dollar in their reserves to back their own currency as assets in their central bank are losing the same spending power because of our over spending

So now they are getting tired of the dollar losing value

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The only thing that will increase the dollars buying power is to buy back that currency ourselves and hold it in our assets column of the treasury

Not the fed

The treasury

The only way to do that is to have a tax specifically used to buy back the dollar from the fed

But the fed gives back most of their revenues to the treasury already so we need to buy back those dollars from foriegn country's

And eliminate them from our money supply

Or expand our private sector without adding to the money supply

We would need to increase exports

So if we increase wages our prices increase if we price ourselves out of the market we can't sell our goods and services

So they are holding down wages while devaluing the dollar and will continue until our exports of goods and services increase to a sustainable level

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The thing is these other country's that hold our dollar in their reserves to back their own currency as assets in their central bank are losing the same spending power because of our over spending

So now they are getting tired of the dollar losing value

 

Dontlop :)

 

I feel like no matter what you try to do to keep the bottom in tact.. it's cracking and about to fall... The game is about to end.. how the game ends, we only can speculate with every conspiracy theory out there.. we only can prepare while watching.. The present world is not the world I used to live in.. simple :) wish I could go to the hologram and live that world again :)  where is Scottie to beam me up? lol

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Its a balancing act

All balance

Trade balance of real goods and services which are represented by currency

Currency is no longer gold

Its goods and services

You can't buy more than you can produce

Even Steven

Trade pound for pound

It won't end

They just shift things around when it gets out of balance

You can have up to 100% debt to GDP

Going beyond that requires restructuring

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The only thing that will increase the dollars buying power is to buy back that currency ourselves and hold it in our assets column of the treasury

Not the fed

The treasury

The only way to do that is to have a tax specifically used to buy back the dollar from the fed

But the fed gives back most of their revenues to the treasury already so we need to buy back those dollars from foriegn country's

And eliminate them from our money supply

Or expand our private sector without adding to the money supply

We would need to increase exports

So if we increase wages our prices increase if we price ourselves out of the market we can't sell our goods and services

So they are holding down wages while devaluing the dollar and will continue until our exports of goods and services increase to a sustainable level

 

And how do you achieve that..? if the mega corporation has been outsourcing to other countries because the taxes are too much, labor is cheaper outside of US and guess what..? they are willing to work hard for little money, because they appreciate the job.  I have been in both worlds.. being a boss and being a worker.. it was an eye opening, needless to say about people's work ethics.  Cutting the taxes for big cooperation and small business owners can help.  

 

Let's not beat up the big cooperation, the government, small business owners or heck, even McDonalds.  We can beat them up any way we want, but there is another end.. and that is us.. what are we going to do about that..? what is our contribution to make it all work for everyone..? are we good employees? are we worth the money they are paying..? what is our work ethic...?  America is the only place that I know, suing people made easy :)

 

Dontlop.. I am going to make this case rest :)  not that I don't want to discuss this, I would like to sit down and talk to you about this but I need to work too :)  My simple mind told me when I get into this investment, I will get rich quick lol  I end up going back to school learning about history, math, world economy, geopolitical that I care but not care. If I have to wait a bit longer, I will but I want to enjoy my life and smell the roses and savor my coffee and kick my feet up and look at the beautiful day and count my blessings :)  I only know simple math that pertains to my life, if my income doesn't cover my expenses, I am in big trouble :) I need to work more hours and make more money and cut corners :) that's my math :)

Edited by Nadita
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If you have 110% debt to your GDP

Next year you should only spend 90% so that overage of 10% from last year can be paid off

If you have a trade surplus that means your country is growing at the expense of another country

You don't want that either

You need your customers

So you encourage buying from that other country that's losing money because they had a trade deficit

Oil producing country's always have trade surpluses so we sell them expensive military equipment to make up for it

If they don't buy the military equipment they start a war so now they have to buy it to defend themselves

Nasty

I'd rather sell them irrigation equipment and farming equipment

But if we do that then our agriculture exports suffer

So we don't want everyone to be able to farm themselves we want to sell them food

They locked up all the important industries

Then they trade some industries when necessary to maintain balance

They pay each other off in off shore accounts

Look at our steel industry

They blamed it on pollution but the steel mills are still here just not in the United States any more

The pollution is still on earth just relocated

Ya suing people is easy

Have your neighbor get a job at macdonalds

Then one day you go there and say something mean to them while they are working

Like this cheeseburger sucks and throw it at the menu screen

Have them jump over the counter and punch you right in front of everyone

Lots of witnesses

The sue macdonalds

Easy money

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If you have 110% debt to your GDP

Next year you should only spend 90% so that overage of 10% from last year can be paid off

If you have a trade surplus that means your country is growing at the expense of another country

You don't want that either

You need your customers

So you encourage buying from that other country that's losing money because they had a trade deficit

Oil producing country's always have trade surpluses so we sell them expensive military equipment to make up for it

If they don't buy the military equipment they start a war so now they have to buy it to defend themselves

Nasty

I'd rather sell them irrigation equipment and farming equipment

But if we do that then our agriculture exports suffer

So we don't want everyone to be able to farm themselves we want to sell them food

They locked up all the important industries

Then they trade some industries when necessary to maintain balance

They pay each other off in off shore accounts

Look at our steel industry

They blamed it on pollution but the steel mills are still here just not in the United States any more

The pollution is still on earth just relocated

 

Dontlop :)

 

I can tell you are passionate about this matter and know a lot about economy, I think you should write an article about it :)   

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Lol

There's not much to write

It's all about the trade balance of real goods and services

You can't buy more imports than you export

The figures are public for everyone to see

Iraqs soveriegn income is 100 billion a year

Right now they import around 65 billion dollars out of that income

Leaving them with 35 billions year to rv

So they right now can rv about two tenths of a penny

With 80 trillion dinar in existance

So how can they get rid of that amount of dinar?

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Lol

There's not much to write

It's all about the trade balance of real goods and services

You can't buy more imports than you export

The figures are public for everyone to see

Iraqs soveriegn income is 100 billion a year

Right now they import around 65 billion dollars out of that income

Leaving them with 35 billions year to rv

So they right now can rv about two tenths of a penny

With 80 trillion dinar in existance

 

LOL .. in that case.. you tell them to pump more oil so I can get my rv lol

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