Does Iraq need another committee now? IMF-CBI talks stalled.

[Luigi1]

from other news & Guru sources....

 

5-20-13-Committee to study amendments to the invest law to suit the investment in Iraq.

 

5-20-13-In addition, CL, IMF told Iraq to De-Dollarize or else...AND, they are Re-Dollarizing. From KTFA.

 

 

Here's Luigi's opine...Maliki is doing everything in his power with help from Iran to destabilize Iraq financially through failed monetary policies & create more sectarianism. Another 200 Iraqis killed this week over protests turning violent. It may be time for the US to take action against Maliki. Words & threats don't work. Time for talk is over.

 

What are your opines?

 

See Arabic link below...go to Google translate.

http://bit.ly/14IWGKE

[Dandee]

ALWAYS ONE TO "COMMIT", WHEN MALIKI WAS ASKED HIS FAVORITE COLOR HE REPLIED:   "PLAID"

 

   

[Luigi1]

ALWAYS ONE TO "COMMIT", WHEN MALIKI WAS ASKED HIS FAVORITE COLOR HE REPLIED:   "PLAID"

 

   

 

 

Yup. Maliki, after making promises with the Kurds over Erbil still has key bills sitting on his desk he's refusing to sign into law. These bills must have his signature in order to get implemented.

[TQueezy]

If someone were to say... chop off his hand and put a pen in it and sign the document, would it still be forgery? I say it'd be legit. Do it!

[Luigi1]

If someone were to say... chop off his hand and put a pen in it and sign the document, would it still be forgery? I say it'd be legit. Do it!

 

 

 

Good point. The IMF is losing patients will Maliki's stall tactics. Either Maliki plays ball or we will do it for him.

[Ruston1963]

It seems to me that they MUST re-dollarize (starving the street of Dinar) before they can RV and introduce the lower denominations.

[Shabibilicious]

The CBI should implement a "Casual Thursday" committee..........way too tense over there.    

 

GO RV, then BV

[new york kevin]

I know this is rumors, buts its fun to see whats shakin in here when the dinar world is dull. That said, think about it guys inorder to rv you have to get excess dinar off the local and world market. Less dinar chasing the finite amount of gold and oil they have. You do that by buying less and less dollars with more and more dinar. So the price of the dollar against the iqd, temporarily goes up to achieve this effect. Then you pull the cord and only do business with IQD, like with getting Cisco Systems to setup electronic communications for the government and boost the cell phone communications in country. Thus forcing the exchanging of dollars for the initial pegged valued IQD. A win win for the GOI. They get excess IQD off the market decereasing inflation, solidifying the value of the IQD as a national and internationally traded currancy, and simultaniously de-dollarize their own country. Mitigating the cost of the whole process. Boo yeah, go rv. :bravo:

[Luigi1]

It seems to me that they MUST re-dollarize (starving the street of Dinar) before they can RV and introduce the lower denominations.

 

 

To you & I that is the logical thing to do but they'll just do more currency auctions in spite of having more than enough currency reserves on hand.

[jdh]

so we keep waiting.. after 9 years i am used to it

[umbertino]

so we keep waiting.. after 9 years i am used to it

Same here ( 9 years)..... Used to it but that doesn't mean I like it.

Edited May 22, 2013 by umbertino