Luigi1 Posted June 19, 2018 Report Share Posted June 19, 2018 Luigi asks... Float...No Float...OK, Who's right. 6-19-2018 Newshound Guru Whitelions Question: "How are you going to control inflation when large sums of money come into a country if you're not going to float your currency?" [reference Guru Kaperoni post 6-19-18] In answer to [Guru] Kaperoni... According to the C.B.I People that have Dinar all over the world will bring it to there local banks and exchange it to their countrys currency ( they have 2 years to turn it in ). Their Local Banks will sell it to their country's Central Banks and they can hold it up to 10 years. From there the C.B.I. can call in the bills as they need them OR the Central Bank that is holding the bills can can exchange them at their leisure depending on the rate if it is up or down. AND before you get all bent out of shape...ALL Currency's around the world go up and down on a daily basis and NONE of them are on a FLOAT and remember the C.B.I. said NO FLOAT. I hope this helps you . 6-19-2018 Newshound Guru Kaperoni Over the last couple of years there are more than 10 articles talking about floating the Iraq dinar. There is only one article that talks about the timing is not right to float the Iraqi dinar. My money is on the directives from the IMF, Iraq will float it is the only option. By definition moving to a more liberal exchange rate regime is moving to a float. Monetary policy is not a random act. Changing exchange rate regimes going from a peg to a float Etc all have individual purposes...they are used to stabilize economies or combat inflation. Iraq is expecting a large influx of capital ...some say it's going to be the wild west of the Middle East this will put severe pressure on the financial system of the CBI. The recourse is get off the peg move to a float to combat the pressure allowing the currency to rise and value. 1 1 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted June 19, 2018 Author Report Share Posted June 19, 2018 (edited) There are more than 10 articles talking about floating the Dinar. @kaperoni 1h1 hour ago Over the last couple of years there are more than 10 articles talking about floating the Iraq dinar. There is only one article that talks about the timing is not right to float the Iraqi dinar. My money is on the directives from the IMF, Iraq will float it is the only option. Michael Kaperoni @kaperoni 1h1 hour ago By definition moving to a more liberal exchange rate regime is moving to a float. Michael Kaperoni @kaperoni 1h1 hour ago Monetary policy is not a random act. Changing exchange rate regimes going from a peg to a float Etc all have individual purposes they are used to stabilize economies or combat inflation Michael Kaperoni @kaperoni 1h1 hour ago Iraq is expecting a large influx of capital some say it's going to be the wild west of the Middle East this will put severe pressure on the financial system of the CBI.The recourse is get off the peg move to a float to combat the pressure allowing the currency to rise and value. Michael Kaperoni @kaperoni 29m29 minutes ago I saw today that someone posted that they expected Iraq to get into the WTO soon it's not happening but a year-and-a-half ago the WTO told Iraq until they reduce the dependence on oil there's no chance I believe the number they said was 70%. Michael Kaperoni @kaperoni 29m29 minutes ago Iraq has a long ways to go before they're ready for the WTO. Michael Kaperoni @kaperoni 28m28 minutes ago The reference of the WTO in itself does encourage currency reform which is a good thing. Michael Kaperoni 24m24 minutes ago In other words before Iraq gets in the WTO they're going to need a private sector and begin to produce exports that will reduce the dependence on oil then they'll be ready for the WTO Edited June 19, 2018 by Markinsa Removed Links | see forum rules 1 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 19, 2018 Report Share Posted June 19, 2018 I do not care if it is fixed or float, just RV . 2 1 6 Quote Link to comment Share on other sites More sharing options...
js214 Posted June 19, 2018 Report Share Posted June 19, 2018 (edited) 3 minutes ago, ChuckFinley said: I do not care if it is fixed or float, just RV . Well, It would be nice to see Maliki floating.. Edited June 19, 2018 by js214 1 3 Quote Link to comment Share on other sites More sharing options...
BKD Posted June 19, 2018 Report Share Posted June 19, 2018 Agree with Chuck. Let's get this thing going! Go RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 1 1 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted June 19, 2018 Report Share Posted June 19, 2018 Agree with you Chuck. Its time. 1 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted June 19, 2018 Report Share Posted June 19, 2018 31 minutes ago, js214 said: Well, It would be nice to see Maliki floating.. I can not believe that guy is upright. 2 1 1 Quote Link to comment Share on other sites More sharing options...
little willie Posted June 19, 2018 Report Share Posted June 19, 2018 Chuck I AGREE WITH YOU ALSO 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted June 19, 2018 Report Share Posted June 19, 2018 4 hours ago, Luigi1 said: 6-19-2018 Newshound Guru Whitelions Question: 6-19-2018 Newshound Guru Kaperoni Over the last couple of years I Think That They’re Both White-Lyin’ ! 1 2 Quote Link to comment Share on other sites More sharing options...
yendor Posted June 19, 2018 Report Share Posted June 19, 2018 Right on Mr, Finley..... Just let's get this thing movin' !!!!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Karsten Posted June 19, 2018 Report Share Posted June 19, 2018 I read that earlier and it appears Guru's don't like getting their opinions questioned between themselves......I guess more so Honor among Thieves and in this case Liars. Story Tellers, BS Spreaders and Pumpers........Good thing none of us can poise our questions directly to them. I wonder who will jump into the fray next......The Goat, Delta Frank or WS and who's side they will take? I have also noticed a few kicking the can into 2019 before anything can happen. Karsten 1 1 Quote Link to comment Share on other sites More sharing options...
jaybake Posted June 19, 2018 Report Share Posted June 19, 2018 Wow, a very good story teller!! I am new here, I would fall for this clown's story. Quote Link to comment Share on other sites More sharing options...
stangernan Posted June 19, 2018 Report Share Posted June 19, 2018 Right now all I want is PIZZA 1 1 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted June 20, 2018 Report Share Posted June 20, 2018 How about we finally reach some sort of Reinstatement back into the world markets with the Iraqi Dinar . Then see where she goes from there ?......................................................... 2 Quote Link to comment Share on other sites More sharing options...
idplzr Posted June 20, 2018 Report Share Posted June 20, 2018 They need to $h!t or get off the pot so we can see if it’s a floater. Either way coming from these guys it’s gonna stink. 1 1 Quote Link to comment Share on other sites More sharing options...
SupraRacer Posted June 20, 2018 Report Share Posted June 20, 2018 7 minutes ago, idplzr said: They need to $h!t or get off the pot so we can see if it’s a floater. Either way coming from these guys it’s gonna stink. Call the medical examiner!!!!! WE GOT A FLOATER!!!!!! SR 1 Quote Link to comment Share on other sites More sharing options...
King Bean Posted June 20, 2018 Report Share Posted June 20, 2018 Kaperoni is really in self imposed exile, living on a house boat ( yup, a floater) somewhere in the Arctic ocean. He has one of his lackeys re-run his first two articles from 2003.....over and over and over and over and...………… 2 Quote Link to comment Share on other sites More sharing options...
mr.unlikely Posted June 21, 2018 Report Share Posted June 21, 2018 22 hours ago, SupraRacer said: Call the medical examiner!!!!! WE GOT A FLOATER!!!!!! SR If only it was maliki face down in a pool of ruby colored water. Hmmm that sounded mean... ahhh what the heck Im standing by the first sentence. 3 Quote Link to comment Share on other sites More sharing options...
SupraRacer Posted June 22, 2018 Report Share Posted June 22, 2018 On 6/21/2018 at 12:10 AM, mr.unlikely said: If only it was maliki face down in a pool of ruby colored water. Hmmm that sounded mean... ahhh what the heck Im standing by the first sentence. To right there Mr.U. 1000% agreed. But his time is limited so we should get to see him next to his good bud Sadam in the not to distant future. SR Quote Link to comment Share on other sites More sharing options...
siberian_shaddow Posted June 22, 2018 Report Share Posted June 22, 2018 (edited) Very few are floating most are sinkers just like there posts. Edited June 22, 2018 by siberian_shaddow 1 Quote Link to comment Share on other sites More sharing options...
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