Popular Post DinarThug Posted April 19, 2013 Popular Post Report Share Posted April 19, 2013 CNN. Broadcasting While Bribing The Finance Committee ! SWFloridaGuy: The Finance Committee told us they want to return the value to previous levels. I believe they're talking about when it was on par or higher than the USD. The only question is how they will accomplish this. Obviously they will never come out and announce they are about to revalue their currency. The only thing we should ever expect to see is them mentioning removing the zeros. Iraq's GDP growth for 2012 was 11.1% Reuters reported that Iraq is the 2nd fastest growing economy in 2012 with $170 billion. Excluding the oil sector the economy is expected to grow by at least 9.4%. ... Read More Link On Right The latest report to US Congress forecasts Iraq's GDP growth 3x that of the next strongest MENA economy. In the 70s when Iraq's currency held a much higher value GDP only ranged from $2 billion - $8 billion. I don't think we should underestimate Iraq's wealth. Let's not forget that oil is quickly becoming second in Iraq to gold. The CBI has stated they have significant plans for economic integration. They are currently the premier emerging market, not only in the Middle East, but the world. Iraq has positioned itself to make a significant impact on the oil and energy industry. In the 70s, when their former currency boasted a much larger value, Iraq's foreign reserves were only 35 billion. As CBI reserves grow, so does their credibility. If Iraq was to redenominate they would lose instant credibility, foreign investment and a great opportunity for central banks to use the IQD as an adjustment tool or stimulus during this global financial crisis. If there was ever a country who was a good candidate for a revaluation it's Iraq. Iraq's money supply and maintaining long term stability are concerns of mine and I don't have the answer for that. We will never be able to prove that a revaluation is coming, just like the Romanians couldn't. But it makes sense for a lot of different reasons and has only increased in value since I've had it. So, I will continue to wait and hope for the best possible outcome. 34 Link to comment Share on other sites More sharing options...
yota691 Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks Thug and SWFG 4 Link to comment Share on other sites More sharing options...
OZmosis Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks Thug and SWFG Yes, ongoing thanks to Thug and SWFG......and you too Yota. 3 Link to comment Share on other sites More sharing options...
Elixirbaby Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks thug. Is it beer 30 yet? 2 Link to comment Share on other sites More sharing options...
Belecosity Posted April 19, 2013 Report Share Posted April 19, 2013 swfg great post man! I really appreciate it. 3 Link to comment Share on other sites More sharing options...
balkanbob Posted April 19, 2013 Report Share Posted April 19, 2013 I look forward to your posts Dinarthug. Thanks much. I've been watching this race to the RV about 7 years. I thing it will be RVed soon. 4 Link to comment Share on other sites More sharing options...
vomer Posted April 19, 2013 Report Share Posted April 19, 2013 I've never been so appreciative of a petty thug. 3 Link to comment Share on other sites More sharing options...
sxsess Posted April 19, 2013 Report Share Posted April 19, 2013 Thug is not your average thug! He is actually, single handedly redefining what it is to be a full blown thug. The real thugs better watch out because our thug is the best thug!! 4 Link to comment Share on other sites More sharing options...
RVWITHME Posted April 19, 2013 Report Share Posted April 19, 2013 I've never been so appreciative of a petty thug. BOWMAN, is that you? Link to comment Share on other sites More sharing options...
staunch Posted April 19, 2013 Report Share Posted April 19, 2013 Didn't SWFG post this here a couple weeks ago? I could have sworn I read this already?!?! 1 Link to comment Share on other sites More sharing options...
dodah Posted April 19, 2013 Report Share Posted April 19, 2013 Go RV 1 Link to comment Share on other sites More sharing options...
Laid Back Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks for the update. 2 Link to comment Share on other sites More sharing options...
dinarbeleiver Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks SWFG you rock !!!!! 1 Link to comment Share on other sites More sharing options...
vomer Posted April 19, 2013 Report Share Posted April 19, 2013 BOWMAN, is that you? Open the pod bay doors, Hal. 1 Link to comment Share on other sites More sharing options...
R2d2dc Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks Thug and SWFG r2 1 Link to comment Share on other sites More sharing options...
JMULS31 Posted April 19, 2013 Report Share Posted April 19, 2013 I hope the RV happens before summer. WOOOOP!!! Link to comment Share on other sites More sharing options...
ronscarpa Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks SWFG & DT...! 2 Link to comment Share on other sites More sharing options...
Mikesgreen Posted April 19, 2013 Report Share Posted April 19, 2013 This was already posted about 3 weeks ago. Same title and all Link to comment Share on other sites More sharing options...
tankdude Posted April 19, 2013 Report Share Posted April 19, 2013 Open the pod bay doors, Hal. I'm afraid I can't do that Dave. 1 Link to comment Share on other sites More sharing options...
zul Posted April 19, 2013 Report Share Posted April 19, 2013 If there was ever a country who was a good candidate for a revaluation it's Iraq. . Totally agree. 1 Link to comment Share on other sites More sharing options...
sandstorm Posted April 19, 2013 Report Share Posted April 19, 2013 Agree swfg.....the money supply is my biggest concern, and outweighs all the resources. Most like me are in it to the end....whatever the outcome. thanks for the post 2 Link to comment Share on other sites More sharing options...
ChuckFinley Posted April 19, 2013 Report Share Posted April 19, 2013 Thanks Thug and SWFG, you guys are always on my watch list. 2 Link to comment Share on other sites More sharing options...
RAGARCIA62 Posted April 20, 2013 Report Share Posted April 20, 2013 Good reading. Thanks. Helps keep me hopeful. I just wish it would rv already. Too long on this ride and ready to get off and play. 1 Link to comment Share on other sites More sharing options...
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