tommyboy
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Everything posted by tommyboy
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Zarrab fingers Erdogan in NY trial bombshell
tommyboy replied to SnowGlobe7's topic in World Economy
Geez!!! This ties to retired general Mike Flynn, who was Trump's National Security Adviser for a short time. He had been suspected of trying to kidnap that Imam named Fetullan Gulen, from Pennsylvania in the US, and deliver him to someplace in Europe/Asia (Turkey, I think). IT REALLY HAS A LOT OF TIES TO THE U.S. POLITICAL SCENE RIGHT AT THIS MOMENT!!!! -
The exchange rate and the parallel market noise
tommyboy replied to yota691's topic in Iraq & Dinar Related News
I wonder what happens when Iran gets their oil being pumped and sold on the world market? Supply and demand. Supply up, demand not really increasing, IMO. -
CBI Daily Currency Auction - Wednesday, 16 Sept. 2015
tommyboy replied to ronscarpa's topic in Iraq & Dinar Related News
Thanks Ron. We all appreciate these postings. -
A third of Americans would support a military coup
tommyboy replied to Neapolitan's topic in Off Topic posts
My opinion is that if we elect a non-politician as president, the other politicians will see that the rank-and-file of the US is fed up with the BS and all done legally LOL -
They ought to do four-way stops the way we do where I live. It's all voluntary, but works very well. First, a car travelling north and one travelling south both go, then one east and one west go. Always two cars in the intersection travelling in opposite directions. Works out VERY well until you have some a$$hole try to race through, then everybody blows their horn and gives that person the one-finger salute. I have sat there on the side of the road and just watched and found it amazing that peeps can really cooperate an their own without lights, cops or laws. It's a beautiful thing.
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The United States of No
tommyboy replied to umbertino's topic in Politics, 2nd Amendment (Gun Control)
IMO, this all speaks of socialism or communism. If you believe in that stuff and want to do away with our democracy or republic, vote for Sanders. He was a communist, then a socialist and then a democrat. When the spokesman for the democratic party was asked to explain the difference between a socialist and a democrat, she became flustered and couldn't answer. IMO, that was an answer. I agree the wealthy should pay more in taxes without the loopholes, and lower incomes should pay proportionately less. Trump is an anti-politician candidate for president, I think if you're as tired of all the political BS from Washington as I am and want some real "Change", vote for him and "dump all the incumbents". Might help for the next four years, and if it doesn't, fire whoever is not doing their job. I was a life-long democrat and voted for the party's candidate for O's first term. Was very unhappy and changed my affiliation to independent. Lots of scrutiny and sorrow made that necessary so I could live with myself. Vote as you choose, but I hope you choose to vote. -
I kinda liken the call for reforms in Iraq tantamount to Trump's popularity in the US. People are just sick and tired of all the political BS and want reforms, too, for which Trump seems to be a lightening rod. Win, lose or draw I believe he can make a big difference in the way career politicians think. Hell's bells, they may all change their attitudes, and IMHO, that would be a good thing for all citizens of the US and our country.
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1st Republican POTUS Debate, Results?
tommyboy replied to divemaster5734's topic in Politics, 2nd Amendment (Gun Control)
I think Trump's 3rd party thing was not necessarily that he wouldn't support the GOP, but rather he would not give support to anyone in whom he has no faith to accomplish goals. Commendable, IMO!!! -
1st Republican POTUS Debate, Results?
tommyboy replied to divemaster5734's topic in Politics, 2nd Amendment (Gun Control)
I am a Trump protagonist. What many seem to be missing is that all the others are beholden to the lobbyist and/or the well-heeled political donors that support their campaigns for their own political reasons.. The Donald doesn't need them. He has no one pulling his strings. To me, that sounds great. Don't know about you all, but having the best government in the world that money can buy is about the same as being an American who is proud of having a government that can be bought; or spy on us and all leaders of foreign countries, get us 17 trillion in debt and trade 5 known terrorists for a treasonous deserter. Are we really 17 trillion dollars in debt? Trump has had a couple of corporate bankruptcies, not personal, but he ain't broke, fer sure. Maybe we need someone with his business acumen, bravado and fresh ideas (rather than one party line or the other) to get us out of this mess our "leaders" have led us into. I'd like to see a flat rate tax, concealed carry permits after background checks (New Jersey has no permits to carry), supreme court justices that are voted in (not appointed) so they are more apt to rule on their interpretations of the constitution and bill of rights instead of those of the president who appointed them. And my own unicorn. -
The Death of the United States of America
tommyboy replied to 8th ID's topic in Politics, 2nd Amendment (Gun Control)
I can see this decision by the SCOTUS carrying further, and possibly encompassing all rights practiced in one state becoming the "law of the land" for all. It is precedent setting, in my view. My main concern is gun laws. I hope those in states like Texas are adopted, instead of my home state of NJ, where, unless you are now, or retired from law enforcement you CANNOT get a permit to carry. It would go even further so that all laws were the same everywhere. Can't tell if that is good or bad, but knowing our representatives, I am not optimistic. -
You must have heard of the way law enforcement gets extra bux nowadays. It's called CIVIL FORFEITURE. With that, they confiscate your property and, even if you're found innocent, you may never see it again. It gets sold at public auctions or whatever and they keep the money for other "projects". Unreal, but somehow legal. Search it on the www.
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This post may be just what Trinity was referring to. In a sense, they are increasing the country's inflation and the security could use help, too. Posted 06 March 2015 - 02:27 PM 24Hello again my friends. Let's have a discussion on how we quantify value in the IQD in a very simplified way. There is a well respected and accepted economic principle called the "Quantity Theory of Money". Simply put, the theory states that there is a direct relationship between the quantity of money in an economy and the level of prices of goods and services sold. The equation goes like this: MV=PT or M(money supply) [x] V (velocity) = T(avg price of good and services [x] volume of goods and services) for the sake of keeping the explanation simple we will call T - goods and services throughout this write up Let's break the equation down in english - For a defined window of time, the amount of printed money multiplied by the average number of times the money changes hands equals the total goods and services at average price. When there are changes on one side of the equal sign, there must be changes on the other side of the equal side. Change in goods and services directly effects money supply, velocity or both. Please continue no further until that is clearly understood. Quickly we can recognize a few scenarios from this direct relationship: When goods and services boom, there must be a significant rise in either money supply, velocity (number of times the money changes hands) or both in order for the equation to stay equal/balanced. When money supply booms, if goods and services stays the same, there must be a reduction in velocity When money supply booms and velocity stays the same, there must be a resulting boom in goods and services When velocity of the currency booms, and goods stays the same, money supply must be reduced I could continue on drawing up scenarios with this equation but I believe I gave enough examples to help highlight the direct relationship between opposite sides of the equal sign. Should we accept this respected theory as a means to compute value, what do we see Iraq doing? We know for fact that Iraq has significantly reduced its Money Supply. We watched much of this happen through the auction process where the CBI purchased IQD with USD. We have seen reports from the CBI that the notes in circulation has been reduced to 4 Billion with a goal to get to 1 Billion. We might assume that the velocity of the money is up from articles of currency been worn out through overuse. We know that the GOI and CBI are working to boost privatization on a massive scale which will significantly increase the volume of goods and services in the economy. We know that as the volume of goods and services increases, the monetary policy of Iraq is to PREVENT inflation (increasing money supply). My friends I hope we are all able, from this simple means of measurement, to see that the IQD is intended to gain value....significant value. The only thing standing in the way of realizing the real value of the currency is the presence of the USD. Eventually we will see the time when foreign investment into the country will demand a true foreign exchange market where the foreigner's money will be exchanged into IQD in order to execute business in the country resulting in boosting the country's volume of goods and services. The only thing we really have to watch for at this point that will work adverse to our hope is 1) Reduction in the nation's security 2) Anything denoting that Iraq begins increasing/inflating the money supply. As of today however, these two indicators are either being addressed (1) or the exact opposite (2). Now, I bet more people are happy to read about the 50 note being removed from the economy. That alone should have given the dinars you hold a boost in value! Be blessed my friends. Edited by TrinityeXchange, 06 March 2015 - 02:37 PM. Quote MultiQuote Read more: http://dinarvets.com/forums/index.php?/topic/198473-trinitys-take-understanding-iqds-value/#ixzz3cT3SCLjc
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Their inflation seems to be on par with what Janet Yellen, director of the Federal Reserve, said is the same rate of inflation that they are targeting the US $ for. They do control all that stuff for our money just by printing more or less $$ to accomplish those goals. Did Iraq sell out to the Rothchilds too? US did.
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Keywords stressed, "The issuance of high categories will improve the performance of the Iraqi dinar and reduce dependence on the dollar in terms of large transactions will be performing large transactions in Iraqi dinars large groups. Keywords and continued saying: "The central bank has no intention to withdraw from circulation categories for the time being except the 50 dinars category that have been withdrawn from circulation in the first of the month. Read more: http://dinarvets.com/forums/index.php?/topic/203446-governor-of-the-central-bank-2016-will-see-a-new-asaddarviat-of-paper-currency-to-the-iraqi-banknotes-series/#ixzz3bo2t7qSp Since it takes so many dinar to equal $1, wouldn't it seem natural for a government to do trade in their own national currency? IMO, that's what the CBI is doing with the 50 & 100K dinar. That way the population will get back to using their own money and that would improve a lot of stuff. Just going to the market is a simple, good example, plus the pride in having their own currency used for everyday purchases instead of a foreign country's money. The second statement that they "Have no intention to withdraw from circulation....." any other categories of of bills "For the time being" does not mean they will not; just that other things have a higher priority at present. IMO they still believe their dinar will be worth more in the future, so why remove any other bills (coin) for now? I don't KNOW, but I hope they're right and I'm betting on it!!
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I believe that Janet Yellen, as FED Chairman, said the problem was they need more "rate payers" (ie: taxpayers) and that has lead to the government sponsored influx of unregistered aliens coming to the US for work, and thus, pay taxes. The FED wants the bux. They control all the money in the US, and the IRS is their collection agency. More people working, more money for the Rothchilds et al.