Central Bank Governor Promises Bright Future

[sandstorm]

I like, a little less talk and a lot more action

[JWJW11]

Because right now they are dependent on the US dollar for daily purchases , they need to go back to the way it was before the wars and make the dinar strong !! Lower the demand for the US dollar in your country put more faith in your own currency !!

That's kinda far fetched imo....after the RV....they will have plenty of faith in the Dinar

In your scenario...every Iraqi would then become stinkin rich right front m the get go.....if they hold USD and the RV happens they then turn their USD into dinar.....they get their purchasing power back

All of this is pure speculation and know one knows how this will end....just try not to state your opinion as fact....there are not facts....just speculation

[TotalNewb]

This isn't just an opinion piece by a nobody... This is from Turki himself. This is huge, IMO

[Moutain]

get it done already... Thanks for the post.

[JWJW11]

if there is a rv, there wont be a problem of removing usd.  Ill gladly help

This is a great article.  Do you hear the sound of all that money pouring into Iraq?  Big rv, little rv, whatever......they can do something, and it sounds like its going to be soon.

You know I'm with you there....my point exactly. ..they will gladly give up the USD after the RV!

Definitely getting interesting finally....

[saradise]

AWESOME article!!! 

[Patty B]

Great find, TotalNewB ~

Glad you're here!

[sanders2340]

Yep...they are waiting for the Ramadan celebration that takes place in the morning...(tonight in the US) to announce it!! Tomorrow morning in Iraq is the official kickoff of the Ramadan Holiday!! They told the people it was going to be one to remember!! And I believe that's exactly what it will be!!! God Bless each of you! And the people of Iraq!

BOY!!!

I sure hope you are right

[IQD1217]

That's kinda far fetched imo....after the RV....they will have plenty of faith in the Dinar

In your scenario...every Iraqi would then become stinkin rich right front m the get go.....if they hold USD and the RV happens they then turn their USD into dinar.....they get their purchasing power back

All of this is pure speculation and know one knows how this will end....just try not to state your opinion as fact....there are not facts....just speculation

[sandstorm]

You know I'm with you there....my point exactly. ..they will gladly give up the USD after the RV!

Definitely getting interesting finally...

yes. big demand for dinar internationally, followed by billions, possibly trillions in investment is a good recipe.

Edited July 9, 2013 by sandstorm

[JWJW11]

yes. big demand for dinar internationally, followed by billions, possibly trillions in investment is a good recipe.

Agreed!

[Sweet baby dinar]

Sounds like a plan, thanks.

[IQD1217]

Why do you think the CBI and the GOI wants to promote the IQD in investment company dealings to support dedollarization and promote the strengthening of the national currency and economy. They also said “increase its value and enhance confidence.

[TotalNewb]

Why do you think the CBI and the GOI wants to promote the IQD in investment company dealings to support dedollarization and promote the strengthening of the national currency and economy. They also said “increase its value and enhance confidence.

For years , they have been telling the Iraqi people how worthless the IQD was and had them using the USD, dollarizing the nation thru the auctions. Now, they want to bring back the IQD so you are hearing them selling the people on the idea of using the IQD and that it will be the strongest currency in the region. All part of the plan.

[JWJW11]

Why do you think the CBI and the GOI wants to promote the IQD in investment company dealings to support dedollarization and promote the strengthening of the national currency and economy. They also said “increase its value and enhance confidence.

Because they know the value is about to be raised and the program rate removed after sanctions left them in a really bad spot for decades.....one of the biggest parts to this is to instill confidence in daily banking amongst Iraqi citizens who have never used a bank.....timo they won't hand over there dollars until the dinar has value....

Turki is telling you what we all have been waiting to here....its ok to be excited!

[gregp]

Near Future.

[jon29]

Its a lie.....its all Iraq is good at. If they lie to their own people i hope the people raize up and take them OUT !

 

EVERYONE knows the CBI is really run by Daleks that seeks to destroy mankind through recklessly investing in a bogus currency. Exterminate! http://youtu.be/EXRqe9Ff3gQ

[Bunk]

  Brimming with hard cash... go rv...

[cooked]

then why are they still saying "30 trillion" dinar in circulation? ... just a question...

Smoke maybe? Mirrors maybe? Hopefully smoke and mirrors?

[goldorsilver]

Its a lie.....its all Iraq is good at. If they lie to their own people i hope the people raize up and take them OUT !

ok i may have 0ver reacted lol

[Boozer]

used to be   SOON,, then it went to ,  COMING DAYS... now it's..  NEAR FUTURE..  hope it's not like he said he was going to do the first of June..

[jon29]

ok i may have 0ver reacted lol

 

NO YOU DIDN'T!  I'm telling you the CBI is RULED by DALEKS, Here's Proof!------> http://youtu.be/ZqpQWaSUHdM btw...whoever gave me the neg's, you've no sense of English humor....  

[aliciadogz]

This is my happy Dance.YOOOOOOO!!

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Edited July 9, 2013 by mydogz

[dontlop]

GETTING INTERNATIONAL BANKS INVOLVED IS KEY TO MAINTAINING TRADE BALANCES .. and getting more capital in iraq .  if iraq borrows a trillion dollars from citigroup .. they get set up on a payment plan ..over years to pay it back .. maybe 30 years ..at that point iraq has a trillion dollars that wont be included in trade balance ..only the payment each year is reflected on the trade balance ..so if iraq pays back 50 billion a year  for 30 years that will cover  the trillion plus interest ..

 

so now iraq has a trilion dollars to invest in building its port.... and that port will produce billions a year

 

when iraq starts building its own cars ..they can get loans from international banks ,,keeping a balance of trade  down  ..

 

 

 the international banking system can munipulate  the govts  account balances in favorable ways

 

 the jobs  created building the new port of faw  adds to the gdp  .. those guys get paid and now are spending money in iraq circulating the currency which drives the  gdp..  .. the farmers get new irrigation through international banks ,, lots of huge projects are covered by huge international banks ..freeing up the national banks for domestic consumers ..for home loans .. houses .. ect.. all the while the big picture is being financed by international banks ,,i wouldnt be surprised if iraq starts opening banks abroad to do the same thing for other countrys ..returning the faVOR

hopfully iraq throws those dollars into the reserves at the cbi and adds value to the dinar and uses dinar to pay the local contractors in iraq with dinars

[dontlop]