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Everything posted by Belecosity

  1. or they wanted them funded enough so that it would be a justification for ground troop intervention... isis could have been stopped the day it formed.. thats not the plan though
  2. I agree with you but for Jack Lew to announce a new treasury bill it would mean that Jack Lew actually is willing to stand up to central banks around the world... I don't really see that happening. not saying it can't but it's gonna take more than an average politicians to stand up to the debt based fiat monetary system we have today. The IMF and the BIS do not want this to happen. the U.S., in order to do this would have to cut ties with these organizations in order for this to happen. this scenario is inevitable at some point (hopefully soon) but with the current status quo in Washington an
  3. the only way to fix anything is to go back to a Greenback like Lincoln did and our founders did before him. not based on Gold or Debt but strictly regulated by congress as to the amount in circulation. no more inflation or deflation and a deterrent from the rich from collecting all the Gold or debt based money. I used to think a backed currency on gold or silver was a good idea until I did my history. especially now we see how the price of gold is manipulated by the central banks around the world. they could destroy the US in a few years and leave us penniless. gold standard only lasted for a
  4. the only religion that has expressed a vision to create a theocracy in the United States is Mormonism... not offense to Mormons.. but look it up.. yes there are some crazy people in all religions, but they take the cake when it comes to creating a theocracy. no theocracy is possible when following the constitution, and most Christians choose to follow the constitution and not eradicate it. sorry stud,, u crazyyy.
  5. Thank for the help in bringing it over !!! It's nice to actually read an English version of what Iraq has been trying to relay when it comes to their potential
  6. Sorry I'm on the phone if someone could post this. Great news Relatively good I should say By Andrew Critchlow 1:32PM GMT 28 Jan 2014 161 Comments Iraq is poised to flood the oil market by tripling its capacity to pump crude by 2020 and is collaborating with Iran on strategy in a move that will challenge Saudi Arabia's grip on the Organisation of Petroleum Exporting Countries. "We feel the world needs to be assured of fuel for economic growth,"
  7. May mean nothing... Cbi site is completely down. At least for me Nm it's up"" just taking lllooootts of time to load. Sry about that
  8. Good q. As long as Iraq still uses the dollar for oil I don't think the fed will care. The amount of usd used in Iraq is meaningless to them. That's just my thought.
  9. lol yah i was just reading though and noticed that. I knew i wasn't that smart
  10. Wow maggie, thank you very much! be blessed!
  11. honestly that is what I have trying to get across this whole time. lol. sorry i have been on my phone this whole time,, and it can get so annoying to keep your thoughts flowing. in conclusion "they are in a unique position to make drastic changes if their house is in order. " now to why they haven't done anything even though they could and should....i guess that's why were all here. I really don't get why people bash you... yah I guess you can be a little harsh, but others are just as harsh to you. I would never recommend this investment to someone trying to retire safely, but i'm o
  12. Having an internationally traded currency or not does not affect a countries ability to RD, but the implications that having an international currency bring do affect a currencies ability to fluctuate in value. A redenomination with a convertible currency or a non convertible currency is acceptable because no banks or people are losing out. That is my point. A revalue with a convertible currency does have losers and winners. BA's within banks would lose or gain big and the monetary systems that are intertwined with said currency would go wild. That's why I am implying that if any country was t
  13. I apologize, I have been too busy lately that even when I do write anything it tends to only make sense in my head now my thoughts are just purely speculative, but I have been trading on the forex going on a few years. Any time a country or their central bank has tried to mess with their currency (mostly to devalue it) their have been repercussions. Take for instance japan when they kept shorting their own currency in contrast to others to keep the value low and increase their trade surpluses, many big players came in and took them for all they were worth. (now that is not the only reason
  14. Hey Keep, Obviously the scenario that you keep talking about is what has been done in the past to other currencies, and if we take a rationale approach to the IQD, it has more probability than a revaluation. I will preface what I'm going to say with the fact that I do believe the IQD will RV or unpegg and begin trading on the Forex increasing the value. but the issue I have with an RD scenario, is that I have to question why have they not done this yet? My next problem with this is that most RD's occur when their is severe hyperinflation and the money supply is spiraling out of control. (d
  15. Quite actually, I was only on the eastern side, ancient Ephesus and Istanbul. It was the first predominantly Muslim country i had been to which was very different for me. I was not expecting that. Just an extremely different culture. I wish I had traveled to the southwestern part, considering everything that has been going on the last few years.
  16. I agree with what your saying... Although I think people feel the effects of inflation when the FED is pumping and the stock market booming... the little people that is.. not the NYSE. anyways what your saying makes sense... even if they are removing alot of dinar, their is still so little use for it and faith in it that "deflating the currency by removing it from circulation" will not work. Deflation in our situation does seem null and void. That would then lead me to believe that they would have to make a drastic change to the currency. Whether and RV/LOP/ or unpegging it from the dollar
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