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Everything posted by chinadawg
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It is a good article.......the boo birds are always the first to fly over and take a crap on every piece of info............(..............................................................................................................................................................................................................................Or it could reflect amount of currency in circulation from a Trillion to a Billion...and we still wait...patiently) Yota, .........that was my first thoughts ...exactly !!!
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OCR - ROUGH TRANSLATION OF THE BUDGET 2015
chinadawg replied to TBomb's topic in Iraq & Dinar Related News
At this point I believe we look for tarrifs and taxes that are implimented and being collected, and we look for a true international traded currency, I'm not looking for a shot heard around the world in BOLD print, I believe we will just witness an increase in value in the dinar if we pay attention........soon we all hope. -
Iraq bombs kill dozens in attacks north of Baghdad
chinadawg replied to umbertino's topic in Iraq & Dinar Related News
Malaiki, trying to slow things back down............. -
OCR - ROUGH TRANSLATION OF THE BUDGET 2015
chinadawg replied to TBomb's topic in Iraq & Dinar Related News
sounds good to me :-) -
the 50 dinar class was not one of the notes that was reprinted with the upgraded security measures. So, it is easily counterfeitable, and it needs to be taken out of circulation.
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Nuri al-Maliki warns of civil war in Iraq
chinadawg replied to yota691's topic in Iraq & Dinar Related News
He is starting to sound like a desperate man now......................................., he probably just realized dontlop is no longer here to save him. -
Bogus University Graduates Clog Iraqi Job Market !
chinadawg replied to DinarThug's topic in Iraq & Dinar Related News
What a shame dontlop is not able to to come to the rescue of his brother................god knows there would be no end to his comments !!!!!.....some how this would all be the kurds fault, Lol. -
Ennorstes take on this......... Can you imagine the reaction of a local Iraqi businessman when he goes to the bank to buy some dollars and is told that they don't have any? What else could he do except use dinars, right? Talk about turning the tables quickly! Sure, some will find ways to get dollars from other sources, but not nearly enough. Eventually, and probably sooner rather than later, people will realize that they have to use their own currency. This will stabilize the market, at which point the CBI will be in position to allow the float. As some have suggested, they may not even make a big thing about it. The value of the dinar will just begin to rise, and the official rate will rise with it. Of course at some point they will have to drop the fixed official rate. The foreign remittances issue means that dollars can still be had by locals, IF they can find foreigners who will accept the dinars in trade. This is the crux: getting the dinar to be accepted as an international currency. It could be a jerky road, but I think that the CBI is convinced that there is sufficient backing of their currency to see this through. Hold on to your hats! The next few turns could be scary.
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And who really thinks Iraq CAN CONTINUE WITH THINGS THE WAY THERE ARE RIGHT NOW ?..........i DON"T,............. if You folks are waiting for the middle east to become a perfect paradise before The iqd can rv---ri---float-----shift in value..........then you need to get out of this today...........that will never happen......as for as stability, ? stability in the middle east and stability in the west is not the same, compare Iraq to 6 months ago and some over there believe it is stable, ....... Iraq WILL IMPLODE IN ANOTHER 30 TO 60 DAYS WITH OUT A MAJOR CHANGE..............THAT'S MHO.