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JayLee202

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About JayLee202

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  1. lol they litterally have over 200,000 people writing to their state senators about an RV.
  2. You're absolutely right, but the question is what's the value of the currency because of it? If you have nothing to lift Iraq's economy then the currency will be worthless.
  3. At this point, I'm not hearing anything out of DC. I will share as I receive information but without anything I can post for others to read, it wouldn't really hold to much. Thank you, absolutely
  4. If you move money into Iraq without anything to back it, you still have just currency with no value. You can't back currency with currency. You need something tangible with great value backing it. In other words, you cannot back and RV with currency. That's just money law
  5. There are 2 articles that surfaced today witch (in my opinion) confirms why the IQD has not RV'd as of yet. Any currency is just what it is if it doesn't have anything supporting it. The word "Currency" means current. To be current, it has to stay moving as flow. This is why the USD has no value today. Because it's no longer money, it's money has became currency since the Nixon Administration took it off the gold standard in the early 1970s. The ERISA Act was created because people could no longer retire and their employer take care of them. The ERISA Act is the reason why we have 401K
  6. lol come on now! Don't insult the person. I agree though, this does sound good.
  7. The head of the Department of Banking and Finance Ministry Hilal Taan diminishing quantities of central bank reserves of gold does not affect the price of the local currency. He said in a statement to the National Iraqi News / Nina / today: “The basket cash reserve covering currencies do not include the gold only, but depend on the dollar and the pound sterling and the euro, in addition to gold bullion.” He said: “The Iraqi dinar has been a week before the beginning of the deal by one of the sites of the U.S. because of the high currency reserves to more than $ 67 billion is evidence that th
  8. Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI keeps policy Posted: January 31, 2013 in Iraqi Dinar/Politics Tags: Central bank, Central Bank of Iraq, Currency, Economy of Iraq, exchange rate, Iraq, iraqi, Iraqi dinar On: Wednesday 01/30/2013 07:46 pm Iraqi economic expert said, “The current monetary policy pursued by the Central Bank of Iraq has led to a reduction in the value of the Iraqi dinar against the dollar, compared to what it was before the issuance of an arrest warrant former central bank governor Sinan al-Shabibi. And betwee
  9. Not a bad rate at all. I'm still sticking to my range between $1.13 and $2.47
  10. Who haven't been proven wrong every single day?
  11. The Ad mentions dinar but once you click on the Ad and subscribe to it, you'll find that Dinar is not even mentioned. SMH lol
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