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Short Circuit

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  1. Seen may may's post and I checked what i think is Tampa Dinar's website and It seems to be down, can any one else here confirm this? My link
  2. Posted: September 26, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics Tags: Central Bank of Iraq, Economy of Iraq, Exchange value, Gross domestic product, Institution, Iraq, Iraqi dinar, Monetary policy D. The appearance of Mohammed Saleh * In light of economic conditions and volatile financial pressure and monetary inflation that has befallen our country before, and led to negative effects on the regularity of the commercial market and the labor markets and production and living standards of citizens, it has generated distortions many structures, economic relations, among which was the Activity block cash many zeros of little value and way that is not commensurate with the future developments in the present and the future of the Iraqi economy, which requires a solution to these conditions and offal, and these solutions management system reform of the currency during the restructuring and the deletion of zeros to control the flow and management of the cost of the monetary mass to represent The trading bloc cash exporting more than 30 trillion Iraqi dinars to the various groups and reflected by the number of securities traded $ 4 trillion paper money is the product of a long period of inflation and economic decline, rising, for example, the index of consumer prices Bassas 1993 from 100 to 200,000 in the midst of the year 2003, which means that the item that was sold for 100 dinars became sold for 200,000 dinars … And so on. Under such circumstances, the deterioration of the value of the coin currency rose greater than 25 dinars to 25,000 dinars, which means that inflation is added, these zeros *. Categories do not fit with the current currency of the current economic situation and the next. For example, and before the outbreak of the Iran-Iraq war was the category of 25 dinars equivalent to $ 75 purchasing power of the time or the equivalent in the present 300 thousand dinars. I said inflation in the country over three decades of zeros to the currency, although this did not raise those zeros of the purchasing power of the largest category of the coin is 25 thousand dinars, which is equal to today’s $ 21. We need today to restructure the currency. Valasfar mean large cluster of large cash in circulation today of about 30 trillion dinars, which requested the circulation of cash directly and significantly to the cost of sorting and counting and it takes time and spatial properties and security. In the price system, is the price is expressed in exchange value and thus the structure of costs and payments of salaries and the Cubs and eventually become Akiem all transactions not commensurate with the needs of the country into a cash management system consistent with the restructuring of the real sector and price levels reached. The country needs a monetary system is easy to handle small groups and large reflect the real cost of that structure. Especially The more increase the amount of money allocated in exchange for the package itself means that there is inflation or a rise in the price of money). Note that the value of money is inversely proportional with the price of money, especially if Maalmana that price is the value of goods and services expressed in cash. Since the money is anything agreed upon the community to become a broker of exchange and store of value and unit of account, the money (legal) issued by the Monetary Authority under the law and with the power of discharge of the receivables and is seen as a social institution Social Institution increases the efficiency of the economy and economic ventures in moving the exchange efficiency of the institution social or money, and vice versa. Has led to high inflation continued currency in circulation number of 23 billion dinars in 1991 to about (30) trillion dinars at the present time, the high currency the largest category of 25 dinars to 25,000 dinars over time. In this, draw the inflation figures for the new currency in circulation by adding three zeros, which increased the nominal amount of cash operations and arranged the production costs of large quantities of them were accompanied by operations, storage, and distribution of the promise and the counting and auditing standards and the accompanying double, helped the growing risks In the light of price stability and optimism in Iraq’s future development, it became necessary to hold a radical overhaul of management system of currency and the re-structure commensurate with the structure of the new price is different, stable and levels of wages and salaries, which differed significantly from the last thirty years, as well as handling the mass of large cash weak components so that become the largest category of currency, but not worth $ 21 U.S. for the time being. Noting that the increase in gross domestic product, Iraq’s $ 140 billion at year-end 2010 to more than $ 300 billion at the end of 2015, will raise the monetary mass exported from the 30 trillion dinars to about 70 trillion dinars. And installation in the structure of the weak currency as mentioned above may take the added cost is called the cost of cash transactions in terms of traded The demand for the U.S. dollar (in particular the category of $ 100) Amsa is an urgent need for the settlement of cash transactions in the local market beyond the control of monetary policy to the fact that market is looking at the transactions into categories, the largest currently unavailable, but it reflected the category of U.S. currency large for easy carrying and handling. Therefore, the monetary system of Iraq need to reform the administrative order to have a monetary of high purchasing power in the trading easy pregnancy and acquisitions in order to facilitate exchanges cash for the purposes of transactions and trading noting that the imbalance in the structure or installation of monetary units have the depth of the problems (dollarization), which impacted not Mrgobhaly effectiveness and performance of monetary policy. In Sweden, for example, that where there is currently one of the best systems of cash payments in the world, however, the cost of trading cash counting, sorting, transport and storage of the coin cost the national economy gain of 4% of the GDP of Sweden. How can we compare this in a country like Iraq shall be managed so amounts of cash tremendous weak structure, which adds the cost of cash transactions may have up to 8% or more of the gross domestic product, a burden borne by the individual in his dealings, which took reduces the efficiency of the exchange as a social support for the institutions of the economy different, including the market as evidenced by the large cash transactions are limited to the payment in U.S. dollars, which means substituting other country’s currency in circulation for the award of cash transactions because of falling efficiency and installation of the current monetary bloc. On this basis, the need to reform the payments system cash through benefits including: the deletion of zeros next three and economic growth is expected in terms will increase the average per capita income in the coming years to more than once and will step economy step s towards progress, which requires a reform of the waste stages of inflation and may require some legislation in this regard. * Deputy Governor of Central Bank of Iraq http://iqd.me/l/up
  3. Man, your a real @$$hole, cut the guy "(AVPAFRFD)" some slack and some benefit of the doubt before putting him down with your amour piercing rounds.
  4. It touches my heart to see how many people in here really care enough to take a little time to write and express their heart felt emotions with all of us, In behalf of tandy, I thank you all. God bless all of you.
  5. Wow my friend, I know in some way what you are going through since I have lost my mom and dad and I was also very close with them and remember all the kind words that were spoken to me from all my great friends and acquaintances. But it all seemed like a dream at the time, like I was froze in time, man it was awful, I thought that I could never feel any worse after my fathers death and was surprised to find out I was wrong after my mother died. Well, death is an unbearable pain that comes with life and It felt like my life was over, but time and family helped me through, it wasn't easy but the pain eased, it's been many years know since and I still cant help getting all choked up when I think of them both. Your wife understands what's going on in your heart, and I'm sure she does not want to see you in pain and suffering, so celebrate her passing, after all you need to know that she as we all should be, is with our king now, our Lord and master, our God. Talk with her everyday, and tell God how great-full you are that she is with him by his side. Humanity is your shoulder to cry on, and their are millions of us that are here for you in your time of grief, you are not alone. I'm here for you my friend. God Bless You.
  6. I could not have said it any better myself, you are right on the money about all the lying pumping SOB musty living room living takin a bath once a weak Jesus in vain name using lying lying lying self appointed personal agenda liars, liars and Man, I mean Man don't be disappointed, you should know by now that nothing ever ever ever ever ever that these poo poo's, (i mean fake gurus) comes true. N E V E R!!. So stop, falling for it day after day, week after week, month after month to the ongoing climactic LET DOWN. I believe Shabibi has said it before on numerous occasions that he cannot let the dam cat out of the bag until the big day. So read all you want for fun and entertainment but quit believing all the gurus, they all all lying and pumping for their own benefit not yours. Gave you a +1 TimS
  7. My nick comes from my work. I have a small boat marina and for the most part things usually go smoothly and casual, but their are times (more often than should be so) that the traffic and the phone calls become excessive and my brain will begin to "SHORT CIRCUIT". It doesn't necessarily short out completely but it will need to cool down and "REBOOT".
  8. Even though I don't always agree with keep, I "Get" the post, and have to agree with it, he has taken a beating at times and has hung in their. Gotta at least respect the guy for that. Oh by the way, I do agree with Nani? about the face thingy. Sorry Keep, that's why I don't my ugly mug in here either.
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