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andy3978

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Everything posted by andy3978

  1. This makes no sense. The CBI states previously that some of their goals is to de-dollarize Iraq and make cash transactions easier and more streamlined. So here they are proposing to delete 3 zeroes and roll out lower denoms. They also just stated above that this project will do nothing to increase the purchasing power of the IQD. Basically instead of carrying around one 25,000IQD note in your pocket, you will now need to carry two hundred and fifty 100IQD notes...and it will still have the purchasing power equal to about $21USD. Next I am at a loss as to how this project will encourage Iraqis to use the Dinar instead of the US Dollar. In my opinion it would be easier for Jalal Schmo (that's Arabic for Joe Schmo) to either continue using his USD's or three zero Dinar notes. Unless these press statements are a raging campaign of deliberate mis-information designed to prevent a run on the Dinar from speculators; it is a purely stupid idea and will achieve nothing at all except to anger the citizenry and waste money in the printing of new currency.
  2. Right here...with google translator running trying to decipher your previous post. Will let you know what it comes up with.
  3. Maybe Truman should have grown a set and listened to Patton. Then we wouldn't be having these problems. See how that works?
  4. I'd have to disagree with that assessment. He came out like a smug, arrogant jerkoff trying to troll the site. However in his infinite wisdom he doesn't know which way the iqd needs to trend to gain value. If he wasn't a trolling imbecile and had any inkling of forex (or basic arithmetic) knowledge he would have known that 1166 is better than 1170. He was doing nothing more than attempting to bust chops. His 50-something negatives are well warranted.
  5. If they'd just cut the bulls**t and re-value their damn currency already there wouldnt be all these problems. USD vs/ IQD value, Auctions, Inflation. Just get your act together and do what's necessary to get your country out of the stone age and quit wasting everyone's time already. Bulls**t news articles, stupid comments, pointless press conferences, etc etc. Enough already.
  6. If Breitling is citing a CBI article, why didnt he include a link?
  7. Agreed, if Paul goes Independent it will split the Republican vote and guarantee Obama a victory. 1992 Clinton v. Bush. Bush would have decisively won the election had Perot not split the vote by running as a 3rd party candidate.
  8. hard to take 'intel' seriously when these financial wizards cant spell 'intell' correctly
  9. Yea I cashed in at that same WF bank a few day ago. BA drove me there in a black van with a red stripe. Murdoch was flying a helicopter overhead for air support. Face was staking out the bank from the inside to make sure it was safe and Hannibal was in disguise as a homeless man on the street to ensure an easy entry.
  10. Ok thanks for clarifying. Keep us poted on any developments please. For some reason i have a feeling in my gut that this thing is finally going to pop. And very soon to boot!
  11. Wasnt Bravo Russian Huey several months back? The same guy who'd come into threads and piss in everyone's Cheerios about how a RV isnt going to happen and how a LOP was imminent. How if you don't jump on board the LOP-train you are living in la-la land. If I'm correct, what's with the sudden change of heart. How did we go from 100% spot on accurate 'its going to lop'....to imminent 1:1 RV within weeks?
  12. Adam, there's been quite a buzz from folks about a cash in in Iraq already. Sounds like an in-country RV from the stories. The folks posting have been historically negative so this is interesting. Have you anything on your end as of late?
  13. Seems like you're saying that if what Rand says is accurate then Iraq commenced an in-country RV. That said, CBI.iq would be where Iraqis would get their exchange rate info from (assuming they are internet capable and savvy). The CBI has not yet changed the rate (although they have updated for Jan. 4th). We look at it as though CBI.iq is OUR tool, however it is actually an instrument for Iraqis to get their info from.
  14. So the cbi is in fact using the auctions as an instrument to reduce the 24 trillion dinars in circulation. Keeping with this logic the money supply should hopefully be low enough to to sustain a rv without a lop. Afterall they have been selling dollars for dinars for years and theoretically been removing a ton of iqd from circulation
  15. Who is truly in control of a rate adjustment? We've heard it's the CBI, UN, BIS, IMF, Obama, etc ...who is truly the master of this event?
  16. Lots of new Guru names I haven't seen before. I guess the Guru Apprenticeship finished up and this is the 2011 graduating class.
  17. Pretty much sums it up...L0P, Then RV Not what I was looking to hear
  18. Dont forget the next 10 year roller coaster ride of waiting for the new currency to appreciate!
  19. Id have more confidence if mickey mouse was visiting iraq on behalf of the usa.
  20. it was only a matter of time before we had a banker turned guru.
  21. Iraqi security forces are not even close to being able to defend the country. Their neighborning countries have well trained and equipped armies who, if they invaded would walk all over the Iraqi army. Hands down. Without a presence (in one form or another) of Allied powers, Iraq and all it's wealth is a sitting duck. Make no mistake about it.
  22. Its pretty simple. They RD and remove the three zeroes, thus reducing the 25 trillion money supply to 25 billion iqd in circulation. Then they rv at 1:1 and there you go. The iqd is equal to the usd and the money supply is reduced and manageable. Theres no magic in this equation.
  23. Since when does an illegal alien receive constitutional rights and protections? Thats the point of the thread.
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