Jejune

http://blogs.windsorstar.com/2013/01/07/california-men-caught-at-ambassador-bridge-with-7-million-in-iraqi-cash-and-handguns/ No one in the news section apparently knows that $ means dollars, not dinar, so there's a rather large difference between saying: 7 million dinar and $7 million IN dinar. They had the same problem with the recent article about Dinar Trade. He sold over 500 billion dinar in 2011, not 500 million. So I thought I'd help these poor folks out and explain it to them. You're welcome. http://blogs.windsorstar.com/2013/01/07/california-men-caught-at-ambassador-bridge-with-7-million-in-iraqi-cash-and-handguns/

No, why would I?

How about preventing people from getting ripped off about a mythical currency RV that is completely impossible and will never happen? Seems like a pretty legitimate purpose to me. There are entire websites and forums where people do NOTHING BUT debunk myths and scams and nonsense. People like you rip on people for telling you the truth because you don't want to hear the truth, then you praise people for lying straight to your face, because you do want to hear it. What a rational mindset to have regarding an investment. Your positive attitude will not change the outcome of the dinar one whit. Buying into scams and then "remaining positive" about them is not a way to enrich yourself. Being positive despite everything against you can be a good thing in many areas. Investments where one has zero influence over the outcome, is not one of them.

What do you know about the dinar that you think the DoJ and FBI don't? Also, you're incorrect. The fraudulent marketing and selling of dinar is part of what they're being charged with, it's not just hedge fund and money laundering stuff.

How would an RV fix it? Warka is short 200 billion dinar. An RV would mean they're short 200 billion dollars instead of just 200 million dollars.

Delta is a clueless pumper.

Those two things are not mutually exclusive. They're not contradictory.

It i recall correctly, gold, USD, Euro, GBP, etc, are all accounted as one item (foreign reserves) in their spreadsheet. So since they probably traded euros and USD for gold, you might not see any large change in their reserve number.

Quit making up numbers. http://www.csmonitor.com/USA/Justice/2012/1216/Jailed-without-conviction-Behind-bars-for-lack-of-money Where did I say everyone? How about the people that ARE INNOCENT? You know, the 2/3rds of the people in jail that HAVEN'T BEEN CONVICTED OF ANYTHING. It's innocent until proven guilty, remember? If you prefer guilty until proven innocent, may I suggest you move to China, I think that's how they do it there.

You do understand that, in addition to those people, people that HAVE NOT been found guilty of any crime also are in your Jail, right? Are they treated differently than the convicted? Not from what I've read. Lol, no. http://en.wikipedia.org/wiki/Joe_Arpaio ""Arpaio routinely abused pre-trial detainees at Maricopa County Jail by feeding them moldy bread, rotten fruit and other contaminated food, housing them in cells so hot as to endanger their health, denying them care for serious medical and mental health needs and keeping them packed as tightly as sardines in holding cells for days at a time during intake." Tell Joe that, he's apparently the one that measured it: "On July 2, 2011, when the temperature in Phoenix hit 118 °F (48 °C), Arpaio measured the temperature inside Tent City at 145 °F"

Guilty until proven innocent, eh? Is that how you think this country works?

UAE has a population of 8 million and a GDP of 360 billion. That's 45,000 USD per person per year. In order for Iraq to match that they'd have to increase their GDP by over 1,000%. Not gonna happen any time soon.

Which county have you been in that's hotter than 145? Maybe you can direct me to accounts of 145 degree temps and military bases that have no AC anywhere and no AC in the vehicles. Even if its true, which I doubt, you made a choice. The wrongfully imprisoned didn't.

Something that I think (hope) you all are not understanding, is that Joe does not run a prison. He runs a jail. Jails are where innocent people that have been accused of crimes are held. If you think it's acceptable to feed rotten food to, make live in a 145 degree tent, deny medical care to, etc, an innocent person, then I think you're messed up. ANYONE, even if they've done nothing wrong, could end up in jail due to a series of unfortunate events. If you really wish that kind of treatment on innocents then I hope you're eventually one of the innocents thats imprisoned there.

If by 1180 you mean you paid 1180 per million, 1000 to 1 would be a 15% loss, IF you didn't have to pay a spread on the sale. If you have to pay a 20% spread on the sale, it'd be a 32% loss.

So you think this guy could have killed 26, including 6 adults, with a bat?

How many people do you think would have died if this guy had just had a bat?

Then why isn't it going up every month by the amount she says it should be? And, as I stated before, the point is irrelevant. USD coming in and Dinar going out is balanced. The USD is added to their reserves, an equivalent amount of dinar is going out, no net change in dinar value. Iraq starts getting paid for oil in dinar, there's no USD being added to their reserves, there's just ever increasing amounts of dinar being repatriated into local circulation. That could not help but cause inflation. To be fair, she is partially correct, it COULD cause them to put more dinar into circulation, which would add to their M2, but the way she was wording it and trying to make the math jibe makes it seem like she's saying it adds directly and completely to their M2, which it doesn't.

Where do you think criminals get guns?

I'm guessing he meant condem. They should definitely have their tax exempt status revoked.

The monthly change in M2 is 9,500 billion dinar? 9.5 trillion dinar? So in the last year their M2 has gone up 109.2 trillion dinar? Try again. In the last 12 month it has gone up about 5,500 billion dinar, TOTAL. About 460 billion dinar per month. Nowhere near your 9,100 billion dinar figure. Check for yourself: http://www.cbi.iq/documents/key%20financial.xls If selling oil for USD adds directly to their M2, what happened in September of 2012, when their M2 went down? They took the month off? Didn't pump any oil? And what about June in 2012? Went down then too. I guess not only didn't they sell any oil that month, they must have bought some from someone else, since their M2 didn't just stay the same, it decreased. Same with May. What about last year, in May it only went up about 400 billion, but then in June it went up almost three trillion? I guess they forgot to turn the pumps up in May, and in June remembered where the dial was. And the thing is, even if you were right, which you're not, it still doesn't support your original point. Iraqs M2 going up because of USD coming into their country wouldn't make the dinar inflate. Iraqs M2 going up because of DINAR coming into the country, WOULD. Supply and demand. More and more dinar in country, less and less value, = inflation. These are very basic principles of economics, they're not really subject to debate. What is that supposed to mean? I'm not saying they're not selling oil, I'm saying taking in USD for oil doesn't add to their M2. Which it doesn't.

Dinarmania is dying, and they're lowering their prices to try and generate more sales. Take a look at the webtraffic site alexa and check dinarvets.com. "Reach" % is down 90% from the peak in 2011. Pageviews are down almost 95%. Same with all the other dinar sites.

No, they are not. You're just guessing based on the vague definitions of M2 that you've read. I, on the other hand, know for an absolute fact that they are NOT included in M2. The point of the M2 of a country is to quanitfy the amount of LOCAL currency that a CB has in circulation, because the amount of local currency that CB has in circulation is a LIABILITY to that central bank. The amount of FOREIGN currency that bank is in posession of is NOT a liability to that CB. It is an ASSET to that CB. That's why foreign currency is accounted for in the foreign reserves of that bank. According to your logic, it gets accounted for in both the reserves AND the M2. This is false. An enormous M2 relative to your GDP is not a good thing. Yet according to your logic, it could be good, or it could be bad. Bad if it means they printed trillions of their currency, good if it means they made trillions of dollars off export sales. This would make knowing a country's M2 completely useless. If you don't believe me, email the economics professor at your local university. He will tell you that you're 100% wrong. M2 refers to the local currency of that country, it does not refer to foreign currency in circulation in that country or foreign currency deposited at banks in that country. Period. We're talking about the LARGE amount of dinar in circulation and how that has a direct impact on its value. Very obviously Iraq taking in a lot of USD for oil sales would not contribute to the fact that they've printed trillions of dinar which has had a very negative impact on its value.

Obviously this gentleman has made some sort of major math error, as the gurus have told us repeatedly that Iraq is wealthy beyond measure, and they wouldn't ever steer us wrong.

Bump?