wckdinar

Don't worry about these people....we have dealt with them since SGS called an RV party in Florida and some sucker had enough room on a credit card and flew his family there and found no one....holding the currency from a legimste country is a legimate investment...maybe it goes down....maybe it goes up...if there are scams...and there are..its not the currency....just then POS types around it....good luck...

Since the CBI has continued its tight monetary policy and the 3% inflation number was for April, its reasonable to belive inflation has continued to drop...

In 2004 we had personal internet (in my room), we had banks of telephones, we had banks of computers in the MWR centers, an event like this would be explosive and the news will come out....soon...

What ever happen to SGS, LN, Oldskier, Ranger, Neno,? I miss them sooooo much....

I love him... he has to be from God....

Ignore these people....they have always been wrong....put this in a safe place and take a walk....its not a scam and it will pay....check the conversion rates once a week...and chill.....

Best to looik at the CBI policies and the IMF....this focus on the politicians is a mis-direction...the dinar has appreciated 40 percent without these clowns....its appreciation is based on economics.....not who is the PM....Much like our world....the Federal reserve could care less who is President.... when the Fed president speaks to Congress... most of those Jokers can't ask an intelligent question.....

This is not a scam...As a long term person who served in Iraq in "04, you have to wade through a lot of BS on the blog. Best is to put it in a safety deposit box, check the rate once a week and ignore what anyone says (including me) and have a good life....

Not bashing anyone....but we have heard these "its in the contract" rumors for several years... good luck for all.

The last thing the bad guys want is a properous Iraq. They see the trade bank and the CBI as the threat to their cause (want ever that is)..

Thank you for the summary...very well written by a well educated individual and it took a lot of work...sounds like there is and always has been a plan, and the plan is continuing....

The only proof that liquidity has been reduced are the reports of inflation decreasing from around 70% to 3%... The relationship betweent the two is direct and is fully covered in many books on inflation and monetary policy....good luck to all...

Currency changes are always unannounced, sudden and unexpected,,,,This one will be the same....all else is entertainment....So enjoy...and wash your hands afterwards....

There is really no reason anyone should be surprised about this statement...Another why of saying that the base money supply has been rediced is to say inflation has gone from 70% to 3%. Means the same thing. Since the CBI has reported serveral times that inflation was the focus of their monetary policy, and a reduction of liquidity was the tool they were using, then a 70% reduction is of no surprise to those of us who have watched the CBI through their auction process remove dinar from the banks over a period of time and who have watched the inflation rate drop. Actually, we said in the fall of '06 that if the CBI was truely removing currency, our test would be that the inflation rate would drop...It did. Many seem to think this was a process that has happened recently....Its been going on for over 3 years and there have been several articles explaining what they were doing...All necessary before there can be an appreciation of this currency and in all probability, a plan outlined by the IMF long ago as to how to place in effect a tight monetary policy and eventually appreciate the curenncy. The rates we have seen are programmed rates...this can't last forever and it is is controlled by the CBI and the IMF....Politics might influence short term timming.....but in the long run it doesn't matter who is the PM or what the GOI is doing...there are many very wealthy money people involved in this and we are just a side show... i.e. a fly on an elephant's a____...Good luck to all...

Just how much are these people being paid?