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Hola DV, After many years, this is my 1st post. I assume like most people invested, I just follow the news, never state my opinions, read the logical & illogical posts and make my own decisions. Ninjaturbo's diatribe hit a nerve, so I feel obligated to respond......like many already have. I have been invested in the IQD for several years, prior to becoming a DV member a few yrs back. A friend introduced me to this investment many yrs ago, he also mentioned an Okie Oilman & that I should purchase today (many yrs ago), because Okie said this is going to revalue within 24-48 hrs. I immediately responded "who is this Okie guy", knowing that if a huge event like this was going to occur, nobody with knowledge would ever divulge this info, so I called Okie out on day one. Three days after my friend brought this up, I decided to do my own research. Working for a currency trading firm for a few yrs, I understand the game & called a few friends much smarter than myself. They ALL agreed that Yes, overtime (yrs not days), the value of the IQD would absolutely increase, probably back up to $2-$3 +, but that would take yrs to occur. After reading a lot more news & speaking to informed sources, I decided to make my first IQD purchase. I also knew that I would have to ignore anyone claiming to have inside knowledge (Okie, TerryK, you all know the groups), because NOBODY with inside knowledge would ever divulge such info...NOBODY!! Over the years, my friend would call every so often to inform me that Okie got word we will be cashing in within days. I would always respond "why are you still listening to this Okie guy, he's been wrong like 100x so far". To this day, I believe my gullible friend still has faith in Okie.....how sad. I purchased IQD based on my own research, I invested only what I could afford, put it away for safe keeping, hoping that sometime several yrs down the road, this may actually come to fruition. I decided to take a chance on an opportunity that may never happen again, rather than kick myself afterward for never getting involved. Over the yrs I have followed input from educated Investors like Scooter & The Machine, knowledgeable & active Investors who see something of interest in the IQD, for some reason they have also decided to risk their money on this investment. The majority of people on this site have at one time or another believed the guru hype & have become somewhat disillusioned with this investment and are now questioning it. Adam Montana has NEVER promoted anything, in fact he has stated time & time again that this investment could go on for yrs and that we all may make $0 profit at the end. But with much research, anyone would logically conclude that "at some point", the value of the IQD absolutely has to increase substantially from where it is today, which is why myself, my friends & all of us still remain invested. Sorry Ninjaturbo that you got involved in the guru hype and did not become a zillionaire over night. But that's no reason to blame Adam Montana for your failures & miserable life. Please fade away now before Thug boots you with his size 32 clownie shoes. The educated, faithful who have basic currency knowledge still see an opportunity sitting before us and will remain invested to the end.........which will hopefully occur sooner rather than later. Sandfly!!

Fat Theology And God populated the earth with broccoli and cauliflower and spinach, green and yellow vegetable of all kinds, so Man and Woman would live long and healthy lives. And Satan created McDonald's. And McDonald's brought forth the 99-cent double-cheeseburger. And Satan said to Man, "You want fries with that?" And Man said, "Super size them." And Man gained pounds. And God created the healthful yogurt, that woman might keep her figure that man found so fair. And Satan brought forth chocolate. And woman gained pounds. And God said, "Try my crispy fresh salad." And Satan brought forth ice cream. And woman gained pounds. And God said, "I have sent you heart healthy vegetables and olive oil with which to cook them." And Satan brought forth chicken-fried steak so big it needed its own platter. And Man gained pounds and his bad cholesterol went through the roof. And God brought forth running shoes and Man resolved to lose those extra pounds. And Satan brought forth cable TV with remote control so Man would not have to toil to change channels between ESPN and ESPN2. And Man gained pounds. And God said, "You're running up the score, Devil." And God brought forth the potato, a vegetable naturally low in fat and brimming with nutrition. And Satan peeled off the healthful skin and sliced the starchy center into chips and deep-fat fried them. And he created sour cream dip also. And Man clutched his remote control and ate the potato chips swaddled in cholesterol. And Satan saw and said, "It is good." And Man went into cardiac arrest. And God sighed and created quadruple bypass surgery. And Satan created HMOs.

Oh noees another one trying to save us from ourselves!! We've all been had! Puhhhhleaaze No one here is forced to buy VIP. No one forced you to buy dinar. It's called speculation, if you can't afford the risk , stay out of the game.

IT'S PSYCHOLOGICAL TORTURE....dry form of waterboarding!!!

Paperboy, Gracias for my 1st tribal welcome!! Obviously with your 5,121 posts, I have followed you for a while. I am VIP (tri-monthly plan) and am also OSI, been around awhile.......will probably remain in voyeur mode. I also respect Easyrider's posts, as I agree on most everything he states, DinarThug's twisted sarcasm, Rayzur's knowledge, SiberianShadow, Dog53, Vietnam1969 & 10 yrs later badass thoughts & avatar's, Laid Back & LadyGracesDaddy's positive outlook, Markinsa & Nadita's info packed postings and of course Billo's genius responses & Big Blue Head and post Master Yota, you have all kept me entertained over the years.....as well as everyone else I don't have time to mention. Exciting News = Exciting times, so I may be stepping out of the shadows soon. I just don't appreciate trolls coming on here spewing nonsense about the familia.

THANKS

Last time I check sites don't run for free!! It actually takes money to run a site of this size!! I happen to personally own a couple of small sites and I know what my cost is to keep things running and up to date, I can't guess the cost of running a site this size!! p.s. No one has MADE me do anything on this site!! **Sorry this post didn't make much sense at first, when I first made it I had just taken my medications and that new one I just started is a doozie

The USD is scaring me MORE than the dinar.

December 25th most parents will be lying to their children about old St. Nick. Some of us will be celebrating the birth of our Savior. But was he really born on this day? Virtually every month on the calendar has been proposed by biblical scholars as the birth of Jesus Christ. So why do we celebrate his birth in December? The tradition for December 25th is actually quite ancient. Hippolytus, in the second century A.D., argued that this was Christ's birthday. Meanwhile, in the Eastern Church, January 6th was the date followed. But in the fourth century, John Chrysostom argued that December 25th was the correct date and from that day till now. In modern times, the traditional date has been challenged. Modern scholars point out that when Jesus was born, shepherds were watching their sheep in the hills around Bethlehem. Luke tells us that an angel appeared to "some shepherds staying out in the fields [who were] keeping watch over their flock by night" (Lk 2:8). Some early Jewish sources suggest that the sheep around Bethlehem were outside year-round. Now admittedly, the sheep around Bethlehem were the exception, not the rule. But these were no ordinary sheep. They were sacrificial lambs. In the early spring they would be slaughtered at the Passover. And God first revealed the Messiah's birth to these shepherds--shepherds who protected harmless lambs that would soon die on behalf of sinful men. I would doubt whether the shepherds would have known that the Savior which was announced by the angels would be the “Lamb of God who takes away the sin of the world," that He would be the Lamb that would replace all the lambs they were shepherding that night. Now, of course, we can't be absolutely certain of the day of Christ's birth. At least, not this side of heaven. But an early winter date seems as reasonable a guess as any. The ancient church did not celebrate Christ's birth at all. To them, it was insignificant. They were far more concerned with his death . . . and resurrection. But today that has all changed. A baby lying in a manger is harmless, non-threatening. But a man dying on a cross--a man who claims to be God--that person is a threat or salvation to every individual; He demands our allegiance and we cannot ignore Him. We must either accept him or reject him. He leaves us no middle ground. These Christmas season, take a close look at a nativity scene once again. Remove the rose-colored glasses--smell the foul air of a stable, see the cold, shivering animals that are destined to be slaughtered as sacrifice to an Old Testament system that predicted this birth. They are emblems of death. But they are mere shadows of the Baby in their midst. He was born to die . . . that all who believe in him might live.

Hopefully this "Round table" doesn't turn out to be another "circle jerk"! Only time will tell

TONIGHT WOULD BE FINE WITH ME WHAT ABOUT YOU CLOWN

Not by itself, but when you put EVERYTHING togeather of late you have to admit that it appears something Is up. And believe me I am the last person who wanted to get excited.those moronsover there don't even know How to wipe their butts, and were banking our future on them.

I smell an RV! No media allowed! Momma!

Deborah, thanks for bringing this article over here. Try not to ignore the people who either think they're funny or are just rude. And for the posters - we DON'T pick on Sandfly. It's just not done. Our world would be a far better place if more people simply said "thanks" regularly. So as Bumper would say, let's play nice.

Step raht up... Youse put-cha money down and takes yo chances!!..............................................

And markinsa posted the translation for the video on yotas post also

Sorry Thug! I did send it to Yota yesterday. It was a good video so I should've assumed he'd have posted it. I just didn't find it here when I looked today. Yota rocks the casbah

Opinion. I have never been forced to do anything I haven't wanted to do on this site.

Thanks Ninjaturbo. And you can still do as you please. Peace.

Increase the exchange rate, collect all 000's notes at the same time introduce lower denominations notes.! $1.13 : 1 Go Iraq, Go strong.!

1.) Big give away program --Lib 2.) Packs heat in his sleigh--Con 3.) Supports undocumented workers--Lib 4.) Believes in man/woman marriage--Con 5.) Loves animals--Both 6.) Engages in toy production 364 days--Con 7.) Works on Christmas--Both 8.) Sits down with little children too much--Lib 9.) Hides income, pays little if any tax--Con

Its even harder with a lazy unskilled work force. Look whats happening here. Socialism does not work.

http://www.liveleak.com/ll_embed?f=d6d9d5385aee These are some great pictures!

Elixir My opinion only.. yes.. based on what I have read and heard, petrodollar is $35/barrel. My guess currency for petrodollar is dinar. Again, it's my opinion and I am completely way out there in the left field

You are right.. she might be wrong and we just get hyped for nothing but hey.. for my bored Friday afternoon, it makes me singing which is good for my entertainment By the way, oil closed today slightly lower than 58 dollars

Fri, December 12 1 / December 2014 23:26 [Follow-where] Finance Minister Hoshiyar Zebari said on Friday that “the budget bill rate will be put in a cabinet meeting held next Sunday.” The working Council of Ministers on the study of the preparation of the draft budget law, which was scheduled to be approved in its meeting on 29 of last month but postponed that the sharp drop in global oil prices, which fell below $ 63 what is causing the rise in disability rates, with the formation of a ministerial committee shall conduct a comprehensive review of public expenditure of the State; to come up with recommendations to address and reduce the projected deficit in the budget, “followed http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.com/inews.php%3Fid%3D3321830&usg=ALkJrhjCGR_u2HtjllS2pStsmZsr07qJWg –

A little bird whispered something else in my ear lol

Whether it is a truth or scam I can't say but I am beginning to think that we will a still be wishing and a hoping for the RV to happen this time next year .. Dec 2015.. They have had plenty of windows of opportunity to speed up the processes of change in all aspects of Government in Iraq but they have been thwarted. Why? In my opinion. It is because the powers that control the worlds money supply is not ready release the chains that bind and won't be for a while to come .

So how does it feel to know that you come in here everyday trying to crap on peoples dreams, and not once try to build up anyone... I'm getting really really tired of your bs. You're one short comment from being banned. I'll say it one more time... You need to get a life...

I figure the way I pick on you ...at some pint you will shoot me with a paintball gun and then the fun times are over

all I know is that I have been friends with Shabbs for another year.....how long will this continue...is anyone's guess

Good morning ewingm, perhaps their many here in DV that are frustrated with this investment and many who are on the verge of throwing in the towel. Like many investments, they are speculative and require months and even years of patience and money. Some of these investments pan out and some do not but for those who are constantly on the edge of their seat waiting for this to pop will go crazy and loose sleep and maybe loose a lot more. I dont know know if it will RV today, tomorrow or next year but I believe in my decision to remain until the end no matter what. I do know this, I am able to cash my Dinar in today and perhaps break even which is not bad considering those who have lost hundreds, thousands or even millions in bad stock pics or swampland in....wherever. Nothing is guaranteed in this life except death and taxes, so with that in mind I figure that with what I have invested in this makes a good RRR for me. I go on with my life, and nurture this investment as I do with the rest and if one day it pops, great, if not then yes my kids will have a chance at seeing this come to fruit. I have not been in this as long as most here and yes I feel the ups and downs like you all do but betting my life on a RV, NEVER. I will never bet my tranquility for ANYTHING and go on with my daily life and try to enjoy to the fullest. This is just me and my 2 cents my friend.

Maybe increasing the dinar exchange rate could help.! Go dinar, Go strong

Its a shame the bystander was such a terrible shot .

DIRTY OLD SANTA IS MY HERO NOW!!!!!!

You know when you think about the looser out there, I have gone from being thoroughly upset, to utter disbelief, to they being the funniest thing on earth. I just had a flash of OKIE sitting in front of his webcam saying, "It's Sunday Night or Monday Morning, Nuff Said" When will people learn, "Oil is slippery, especially refined oil."

in the raging price war between major oil producers and reduce oil prices Baghdad's intervention Source / Arabs London Posted 12/12/2014 10:50 AM Indicators increased that the Iraqi oil industry is moving to a new stage entitled to increase production at any price, to grab a larger share in the global market, in light of the demise of most of the obstacles that have hampered the increase in production, especially after the conclusion of an agreement to settle all disputes with the Kurdistan region. The Iraqi government has entered the raging price war between major oil producers this week by announcing a reduction in the sale price of oil to the largest markets in Asia and the United States. This means that entering Baghdad in the stated price war between the world's top producers, to keep their shares in the market or grab new shares in the market soaked abundant supplies. The decision comes after the Iraqi conducted Arabia sharp cut to the official selling price of crude going to Asia and the United States last week, and analysts believe that the two dealers are competing to keep the share of each of them in the market oversupplied. It also comes at a time when most of Baghdad turned the obstacles that have hampered efforts to increase production, because of differences with the Kurdistan Regional Government and the differences branching it with oil companies that are trying to work in the region and in the central and south of the country. And reduced the Iraqi Oil Marketing Company (SOMO) official price of Basrah Light crude destined to Asia to download January $ 4 for the average crude price of Dubai and Oman, in addition to a significant reduction in the price of shipments to the United States. 120 billion barrels of reserves, the size of Iraq, and increases in some guesses at 300 billion barrels Reveals that for the rush of Baghdad large to ensure the greatest amount of oil exports to ease the financial crisis flow due to the decline in oil prices and rising war bill against al Daash, at the time of going where the jump is unprecedented in oil production after Collapse differences with the Kurdistan Regional Government. The Iraqi government has been able recently to close all the doors of the differences with the government of Erbil through the agreement will enable it to increase its exports by about 550 thousand barrels per day, after the agreement included the export of the region of 250 thousand barrels for the calculation of Baghdad, in addition to 300 thousand barrels of Kirkuk fields, across the region tube. The look of Iraq's oil exports candidate to reach all-time highs from the beginning of next year with the start of increased production in much of central and southern Iraq fields, easily to reach 3.3 million barrels per day. Rather, the new reality, which is provided by the agreement can remove the obstacles that were in the way of a relationship Mbthoth foreign companies, the Iraqi government during the reign of al-Maliki, and will enable it to increase its production from central and southern Iraq as well as the fields of the Kurdistan region of fields. No longer any obstacle for companies to produce at maximum capacity, especially that southern Iraq Ports energy through the ports of Basra and al-Amaya and four floating platforms that can accommodate up to 6 million barrels per day. And faced a lot of companies like Exxon Mobil and the US Russia's Lukoil and British Petroleum British major crises with the Maliki government, because of duplication of work in central and southern Iraq and in the Kurdistan region. Maliki threats also faced a choice between the two parties. 3.3 million barrels a record level of exports of oil that Iraq is heading to attain the beginning of 2015 Agreement between Erbil and Baghdad that has been removed and the discrepancy could become production unhindered in the Kurdistan region and in central and southern Iraq. The only source of concern for the Iraqis that the agreement is to achieve all the dreams of the region to possess the elements of independence on Alerd.oiry analysts that the agreement gives all the ingredients of the region's oil independence on actual performance and the level of control and devotes his dominance on the Kirkuk oilfields resources, under the central government and the legitimacy of the cover. Some fear that the agreement will enable the region to achieve de facto independence on the ground, and that the Government of Erbil will be ready to declare independence in the moment of your choice or with the outbreak of any disagreement with the central government. If the government was able to restore its control over the country's territory pan, it will restart the Kirkuk pipeline that extends to Turkey via the governor of Mosul, which has a capacity of 600 thousand barrels per day. It also will open other avenues for large oil projects, particularly project crutch giant gas field in Anbar province, which also includes large oil reserves, have not been discovered yet, in addition to a large number of fields in the provinces of Nineveh and Salahuddin. Currently, the government is seeking to approve oil and gas law, which could give guarantees for the oil-producing provinces and engages in project management and the development of plans to invest oil and gas, resulting in a larger increase in production in the dash. Stands Iraqi proven reserves for decades at around 120 billion barrels due to lack of a comprehensive survey of modern techniques, there are vast areas not explored at all, despite the fact that oil flows naturally from them. Estimates vary on the size of Iraq's oil reserves. And some of them go to Iraq has more than 200 billion barrels other, in addition to the estimated reserves of the Kurdistan region of about 45 billion barrels. http://www.altahreernews.com/inp/view.asp?ID=24561 Kurdish lawmaker: Council of Ministers will discuss the budget bill in its first session after ArbainFri, December 12 1 / December 2014 11:43 [baghdad-where] Vice said the coalition of Kurdish blocs that "the Council of Ministers will discuss the draft budget law for 2015 in its first session after the end of the ceremony visit Arbain." He Majid Chenkali told all of Iraq [where] that "after performing a ceremony visit Arbain will be in the first session of the Council of Ministers to discuss the budget and after approval sent directly to the House of Representatives, according to the President of the Council, Salim al announced that he would convene a special session of parliament to read budget bill and vote it "likely" to be so soon. " He added that "the agreement between Baghdad and Erbil, near a lot of spaces in steps by approving the budget." The working Council of Ministers on the study of the preparation of the draft budget law, which was scheduled to be approved in its meeting on 29 of last month but postponed that the sharp drop in global oil prices and caused a serious increase in disability rates, with the formation of a ministerial committee shall conduct a comprehensive review of public expenditure the state; to come up with recommendations to address and reduce the projected deficit in the budget. " As finance minister, Hoshyar Zebari, revealed the intention of his ministry reducing the budget in 2015 to 120 trillion dinars, after it was 155 trillion dinars to reduce the deficit through a review of its provisions with the Ministries of State, and the search for domestic sources to reduce the deficit rather than borrowing Alojunba.anthy 2. http://www.alliraqnews.com/2011-04-18-02-57-37/159371-2014-12-12-08-15-15.html

Close the doors and lock them tight. Ok. But that doesn't spell RV to me.

He who begins to count begins to err. Especially when recounting "history"... JIM GRANT's The Forgotten Depression is a history, and as with all history, it has an agenda, +writes Chris Mayer in The Daily Reckoning. Here Grant puts forward the thesis that the 1921 crash cured itself. The economic ship of state righted itself without aid from government bailouts, stimulus and the like. The implied lesson is that perhaps we moderns would be wise to follow suit. Whether or not you believe his thesis is beside the point of what follows. But I will say this about drawing lessons from history: Don't. I don't quite go all the way with Henry Ford when he declared, "History is bunk!" But I do think history proves virtually nothing. It is a tangle of details that needs a human being to sort it into a tale. And that tale will be reflective of the human being doing the sorting. All history is a kind of autobiography. The historian sees what he wants to see. Objectivity is a phantom. Truth, as far as history goes, is elusive. There is only perspective and what the historian chooses to leave out. A few simple thought experiments will show how I think about it. What caused the American Revolution? When did it begin, exactly? Why, on that day in July, in that year, 1776, did those American rebels declare independence? It is not so easy to answer. There are many interpretations. Final causes remain a matter of debate. The same goes for almost any historical event of reasonable complexity. Even small questions remain somehow mysterious. Why did the market crash in October 1987? Theories abound, but I find them all on the level of speculation. There is no good answer why it had to happen on that day, in that year. Why not the next month or the previous month? Why 1987? And so I look at history with the eye of someone transacting with a shady merchant in Istanbul's famed bazaar. I don't trust a thing he says. (Bierce was on to something.) History can rarely, if ever, prove anything – the efforts of historians notwithstanding. Grant is not unaware of the historian's conceit. At one point, addressing the idea that it is best to leave an economy to heal itself, he writes: "Whatever might be said about that proposition in general, the American experience in 1920-21 and 1929-33 does not disprove it." Agreed. As Karl Popper taught, there are only provisional truths, truths that have yet to be falsified. History's particular challenge is that we can't repeat the experiment. It is impossible to roll back the tape, change one detail and see what happens. Therefore, one can only guess. As skeptical as I am about history, I still love the subject. I still draw insights from history, but of a different kind than most. And so it is with Grant's book. I think it teaches history's best lesson: No one knows what's coming next. Though it is not the focus the author intended, Grant's history shows again and again how life humbles us all. I give you four anecdotes from the book. (I could've chosen more.) The Income Tax In 1913, a Progressive congressman proposes an income tax amendment. The proposed tax rate topped out at 68% on incomes above a million Dollars. Grant quotes The New York Times of the day: "The amendment was, of course, beaten." It is the "of course" that resonates. No way, contemporary thinking went, would that ever pass. Yet by 1918, the US Treasury was taking 77% of incomes above $1 million. National City's Mistake And here is another revealing anecdote. National City Bank. Conservative. Safe. Enormously profitable. And by 1905, the nation's largest bank. "It was not infallible," Grant writes. On the eve of the Bolshevik Revolution of 1917, City was busy building branches, gathering Russian deposits and investing in Russian bonds. Grant quotes Frank Vanderlip, second in command at the bank: "Of all the foreign countries, there is none that offers a more promising outlook than Russia." That was in 1916. One year later, it was game over. World War I Surprised the Market World War I was a total surprise to the market. "To judge by the action of the world's stock market, not even the money men saw it coming," Grant writes. More than a surprise, contemporaries seemed to think such a general war was not even possible. "As the impossible proceeded to unfold," Grant writes, "the belligerents abandoned the gold standard, declared debt moratoria and closed stock exchanges." The war was one of the great disasters of that century. And no one saw it coming. As I say, history teaches humility. That is its first and greatest lesson. The Unexpected Post-WWI Boom One more: There is the postwar boom in 1919. WWI was over, and everyone thought the market and economy would suffer. Yet the economy boomed. "Doomsayers could hardly believe their eyes," Grant writes. "Surely, they reasoned, a postwar boom was a contradiction in terms. What was needed – and what was, on form, inevitable – was a bust." They were wrong...for a while. When the 1921 depression did come, it was nasty. To show this, we can use a variety of statistics. Here we face yet another problem. Which statistics? Some are better than others. Gross national product, for example, fell 24% from 1920-21. But that is a horrible abstraction. What is GNP? It is something made up. And anyway, you have to adjust it for changes in the value of money. Then you open another box of problems. What was the change in the value of money? Or, as we more commonly pose the question: What was the inflation (or deflation) rate? The problem again is that inflation and deflation are ideas in the mind. They are not real. They are not something we can just grab. They are assumptions. They are ideas people create. As with gross national product, they are a guess. Even unemployment is hard to figure. Grant writes that "a crude measure of unemployment" might indicate a 15.3% rate in 1921. But he adds many caveats about what that figure includes and doesn't include. "The data are, at best, indicative," he writes. And I would agree heartily on that point. In tending to his statistical portrait, I was glad to see Grant cite the economist Oskar Morgenstern. He is the author of one of my favorite economic essays, "Qui Numerare Incipit Errare Incipit" (a Roman maxim meaning "He who begins to count begins to err"). Morgenstern makes a convincing case that economic statistics are guesses with wide error rates, and should be treated as such. Nonetheless, some stats are concrete, where others are abstract. Auto production is concrete. It fell 23% in 1920-21. The number of companies reporting a profit in excess of $100,000 – also a concrete figure – fell by 45%. Commercial failures tripled from 1919-21, to 19,652. These kinds of figures are more tangible. They all paint a portrait of a harrowing depression. The stock market, too, draws a clean picture. The Dow Jones industrial average hit a high in January 1920, at 109.88. By September, it was 88.63 – a drop of 19%. By Dec. 21, it was 66.75 – a drop of 39% drop from the high. It was rough, yet the government stood by with relative indifference, as Grant tells the tale. President Harding's inaugural address in March 1921 – with the depression already 15 months old – barely acknowledged the collapse. "Neither did he propose a government plan to stop it. Rather, he seemed to trust in the curative powers of supply and demand." That view was the mainstream one at the time. Grant's Chapter 11, titled "Not the Government's Affair," seems to say it all. In fact, the idea that an "economy" existed was still not yet formed. It would have to wait until the 1930s. Today, we talk about the economy as if it were a real thing, with a life and health of its own. (And we are worse off because of it.) People before 1930 did not think in such terms. Thus, Grant: "As far as the political-economic mind of 1920 was concerned, there was no 'US economy.' And as the economic totality was yet unimagined, so too was the government's role in directing, managing and stimulating it." The reward for such inaction, he says, was that the depression was over in 18 months. "The depression of 1920-21 was terrible in its own way," Grant concludes. "In comparison to what was to follow, it was also, in its own way, a triumph." Perhaps. I'm an anti-government man myself, in the tradition of H.L. Mencken and Albert Jay Nock, of Henry David Thoreau and Lysander Spooner. So I know how I would like to read the events of 1920-21. But with history, you can never really know...and that is its greatest lesson. In any case, if you enjoy financial history, you will enjoy Grant's book.

U Don't Say ...

All I got to say is Malarky had it for 8 years and drove it backwards, Abadi has had it for a couple of months and we are seeing things that only have been wished for, well over 10 years now. I ain't been in it as long as some or most of you all but hell, I'm EXCITED! Got to take the good with the bad, but lately it ain't been so bad, they got a lot of mess to clean up and doing it at record pace. We have a New Year a couple weeks away and looking for great things to happen, got a job, a home, food, spend time with ya'll and some dinar...life ain't so bad!

Posts like this make me sick. This is opinion ONLY...and misinformed opinion on top of that. First off, Iraq IS a VERY, VERY unique situation. Secondly, Adam has NOT ever said Kuwait revalued. Ever. This is now common knowledge and has been for quite some time. Frustrated after 10 years as I am, I am still of the opinion that ultimately Iraq WILL do what we all hope it will. They have no real choice in the matter. This poster is a disgruntled, disillusioned little pessimist that takes joy in popping everyone's balloons just for the pleasure of it. He needs to take his opinion and put it where the sun doesn't shine and leave the rest of us the hell alone.

As far as translating is concerned, mrparrot, there are audio translator apps you can download if you believe this is a communist plot to inject realistic hope into the RV, lol. But for all accounts and purposes, this wasn't put out by TerryK and Delta has -to my knowledge- never provided evidence of his many "they said it on tv!" claims. There's a time and place for healthy skepticism, but IMO being suspicious of his Iraqi news blurb isn't healthy skepticism. Just my $0.02

Did the Kuwait dinar shrink to 1/1000th of it's former value? Iraq is in a unique situation.

Totally agree!! They wouldn't have agreed to the cut if the RV wasn't imminent!!

Thnaks !