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Everything posted by dontlop
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It's s rediculous arguement If ya think this utube is giving you the real exchange rate from the leader of what ever they are Then good Go mortgage your home and borrow as much as you can and get all your relatives and friends and neighbors and their friends and relatives and neighbors and all of you go buy up a few hundred billion iraqi dinars Hey he said it on utube
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They put together a policy that insures the dinar would lose value and then the next week they say oh that made the dinar lose value So I guess they will stop the cap on auctions This abadi guy is preventing a rv Barzani and the kurds woukd of rvd long time ago
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It appears XXXX Montana may had it right all along.
dontlop replied to Luigi1's topic in Dinar Rumors
It won't be long before they all say it -
What's to understand Just push the button and out comes new accounting records Just rv this crap and get it over with I'm tired of waiting
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Yes if they remove the peg and let it float , the market rate assumes the official rate status The govt doesn't rv a floating rate , the market takes care of the rate , and we see where the market rate is It is what it is So if they remove the peg right now the new exchange rate woukd be officially 1235 With 40 trillion dinar it could end up even lower This is becoming more and more rediculous Just rv it Push the button Move the decimal place over three notches and show the auditors They will say How do you come up with this and the Iraqis will just say , look , see , we just took that decimal place over three digits , now we are worth trillions of dollars
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Ya they really got it together They are supposed to know monetary policy The only thing that could happen if they cut the amount of dollars they put into the economy They would be harder to get therefore they woukd get more expensive It makes no sense to do otherwise unless they attached legal tender laws to it And as they collected dollars they woukd have to increase the official exchange rate or print up more dinar They shoukdnt be running a country , they aren't intelligent enough in my opinion They just started this last week It didn't take long for then to see the dinar value drop compared to the dollar It's banking 101 supply and demand and they had no clue They must just be a bunch of followers Someone says something and the cheerleaders follow along The dinar is pegged to the dollar There is no strengthening of the dinar with oil prices They just get less dollars for the oil It's sickening watching these Iraqis pretend they know what is going on
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They are moving to depeg from the dollar and re- peg to a basket of currency most likely they will follow libya and depeg from the dollar and re-peg to imf sdr Now they are just concerned with getting the dinar back to normal as close to 2% of the official rate as they can I think they are at 6% now
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So what are you sayin Luigi That there are people making up lies about the iraqi dinar on the Internet ? Are they making it up trying to find a sucker just to make money off advertisements on their web site Or trying get get enough people to buy dinars to create a de oand for them ? The only one that can create demand is the cbi and the govt of iraq Or they can create a mess if they are dumb enough
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The New York Times: "Abadi in a complicated situation"!
dontlop replied to skrappyone's topic in Iraq & Dinar Related News
Doesn't mean a thing -
Barzani in Baghdad soon to discuss the outstanding issues
dontlop replied to yota691's topic in Iraq & Dinar Related News
The kurds hate the Kurds Barzani is hated amongest the Kurds He will kill them if they talk bad about him he's a murderer Google it The whole barzani family are not liked He rigged the vote -
Thanks for the Intel , I'll spread the good word go rv
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Barzani in Baghdad soon to discuss the outstanding issues
dontlop replied to yota691's topic in Iraq & Dinar Related News
It's been done for years , barzani gonna walk out of there with his head up his Abadi doesn't play games like maliki Abadi gonna tell em This is arab country now GIT ! -
I'll go along with that Been waiting for de-dollarization for a long time Make them use that dinar
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Your gonna have to watch the personal attacks You obviously have nothing intelligent to say so you think you should have a campaign on dontlop You have not and cannot say anything of substance to defend your position Which is full of ignorant statements What you say is for the most part made up personal attacks Not sustainable given the rules of the forum
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With 90% of Iraqs income coming from oil , and the price of oil moving around so much , how would that effect the iraqi dinar if they floated their currency on open market ? And if the value of the dinar dropped drastically in an oil war , how woukd that be good for an iraqi budget if all the sudden their currency lost half its buying power ? Maybe that's why all those oil country's in the Middle East peg their currency