dontlop Posted July 1, 2013 Report Share Posted July 1, 2013 (edited) just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times they can talk about a lop after they calculate the new rate of 466 per dollar Edited July 1, 2013 by dontlop Link to comment Share on other sites More sharing options...
zigmeister Posted July 1, 2013 Report Share Posted July 1, 2013 just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times they can talk about a lop after they calculate the new rate of 466 per dollar I'm sure they will. Link to comment Share on other sites More sharing options...
dontlop Posted July 1, 2013 Report Share Posted July 1, 2013 Specific country characteristics, policymakers’ preferences, credibility of institutions and policymakers can influence the choice of regime. Most important factors influencing the decision are size and openness of the country to trade and financial flows, stage of economic and financial development, structure of trade and production, inflation records and the type of shocks the country faces. Once the decision is taken, a supportive policy environment, which includes prudent macroeconomic policies, consistent monetary policies and credible institutions, is needed for the exchange rate regime to maintain a stable and competitive exchange rate. In the presence of inconsistent policies and fiscal imbalances, crisis would be inevitable under any exchange rate regime. Link to comment Share on other sites More sharing options...
R2D2 Posted July 1, 2013 Report Share Posted July 1, 2013 Lot of taboos here. Yes a lots of little people will benefit, if the money manipulators will get the *ELL out of the way! Link to comment Share on other sites More sharing options...
dontlop Posted July 1, 2013 Report Share Posted July 1, 2013 http://www.sesrtcic.org/files/article/445.pdf 1 Link to comment Share on other sites More sharing options...
WTX_Danny Posted July 1, 2013 Report Share Posted July 1, 2013 just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times they can talk about a lop after they calculate the new rate of 466 per dollar So you are thinking you are going to gain a return of 2.5X your original investment? Link to comment Share on other sites More sharing options...
Hawaii 50 Posted July 1, 2013 Report Share Posted July 1, 2013 (edited) AHHH.......IQD looks like Iraq will go to at least a $1 USD or just below everyone has a lack information regarding Iraq they are so rich with untapped resources. They have not even explored 70% of there own country. With those resources the are wealthy, If they decide to RV there currency they would shock there own system. Since Iraq has been using the USD if they were to Rv low under currently what $1 USD is rated at they would be in a bad situation. I know everyone is like no way the have trillions of USD to RV and indeed your right but your also wrong at the same time. When the event happens if they need more $ from the IMF it's going to happen and don't forget about there best friends China (A.K.A) Uncle Money Bags. The IMF does not want to renew the loans to Iraq but if Iraq RV's there going to be able to give a new loan and not a renew. I do have a hard Time with the whole > RI back to $3.00 + explain that backing, there are so many in and out's it will make your head hurt. Edited July 1, 2013 by Hawaii 50 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted July 1, 2013 Report Share Posted July 1, 2013 So you are thinking you are going to gain a return of 2.5X your original investment? or.. could they be saying the value is .466 cents? Link to comment Share on other sites More sharing options...
dontlop Posted July 1, 2013 Report Share Posted July 1, 2013 So you are thinking you are going to gain a return of 2.5X your original investment? im thinking all kinds of things ..ive posted about 5000 times here on this site .. 1 Link to comment Share on other sites More sharing options...
jon29 Posted July 1, 2013 Report Share Posted July 1, 2013 Just expect a return of around $2,500 or $2.50 Usd per 1,000,000 dinar and you won't have to worry about this. Link to comment Share on other sites More sharing options...
Sweet baby dinar Posted July 2, 2013 Report Share Posted July 2, 2013 It is what the article is saying, personal beliefs are different. I would love it, if this thing goes. But until it pops all we got is articles. When it hits we will all be busy one way or the other. Go rv. Link to comment Share on other sites More sharing options...
Darin Posted July 2, 2013 Report Share Posted July 2, 2013 just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times they can talk about a lop after they calculate the new rate of 466 per dollar Fib used to make some large bets that they won't change their value to anything better than 499 by the end of the year. Your math + this article + Fib making that comment, makes taking the bet a little bit less risky LOL 1 Link to comment Share on other sites More sharing options...
fib1618 Posted July 2, 2013 Author Report Share Posted July 2, 2013 Someone posted this.... "I was reading that Iraq is saying they have increased their USD reserves to about $80billion. If that is true, I think that means they are able to cover all their IQD (around 33 trillion?) at an exchange rate of around 1 IQD to 2.50 USD." Okie is that you??? Fib used to make some large bets that they won't change their value to anything better than 499 by the end of the year. Your math + this article + Fib making that comment, makes taking the bet a little bit less risky LOL All my bets still stand. 1 Link to comment Share on other sites More sharing options...
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