Spy777 Posted October 22, 2013 Report Share Posted October 22, 2013 ........... I thought these numbers on Iraqs current inflation rate and forecast rates are very interesting! Current Forecast 2013 2014 2015 Iraq 0.30 0.60 1.15 -4.00 -8.54 9/30/13 10/31/13 Iraq 0.30 09/30/2013 0.60 10/31/2013 1.15 -4.00 -8.54 3 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted October 22, 2013 Report Share Posted October 22, 2013 ***/// ... ... ... ... .... Link to comment Share on other sites More sharing options...
Gunshow2425 Posted October 22, 2013 Report Share Posted October 22, 2013 Well it looks as if it's forecasting less money in circulation. Link to comment Share on other sites More sharing options...
Spy777 Posted October 22, 2013 Author Report Share Posted October 22, 2013 Im just wonderin what makes them think Iraq's inflation rate is going to drop so far? Well it looks as if it's forecasting less money in circulation. Yeah, but i wonder how that bodes for us investors?! Link to comment Share on other sites More sharing options...
vomer Posted October 22, 2013 Report Share Posted October 22, 2013 Im just wonderin what makes them think Iraq's inflation rate is going to drop so far? Maybe an RV? I'm just mouthin'. 2 Link to comment Share on other sites More sharing options...
Gunshow2425 Posted October 22, 2013 Report Share Posted October 22, 2013 (edited) Im just wonderin what makes them think Iraq's inflation rate is going to drop so far? Think of it as this...the best case scenario out DEFLATION is there will be a rise in demand of money and there isn't enough in circulation. We want less in circulation. Edited October 22, 2013 by Gunshow2425 1 Link to comment Share on other sites More sharing options...
MrOptimistic Posted October 22, 2013 Report Share Posted October 22, 2013 1 Link to comment Share on other sites More sharing options...
jg1 Posted October 22, 2013 Report Share Posted October 22, 2013 (edited) Easier said than done. Iraq 0.30 09/30/2013 0.60 10/31/2013 1.15 -4.00 -8.54 I found this on the same site. Iraq Money Supply M0 at 70420.00 IQD Billion Money Supply M0 in Iraq increased to 70420 IQD Billion in September of 2013 from 69648 IQD Billion in August of 2013. Money Supply M0 in Iraq is reported by the Central Bank of Iraq. Iraq Money Supply M1 at 69546.00 IQD Billion Money Supply M1 in Iraq decreased to 69546 IQD Billion in August of 2013 from 70801 IQD Billion in July of 2013. Money Supply M1 in Iraq is reported by the Central Bank Of Iraq. Iraq Money Supply M2 at 82605.00 IQD Billion Money Supply M2 in Iraq decreased to 82605 IQD Billion in August of 2013 from 83707 IQD Billion in July of 2013. Money Supply M2 in Iraq is reported by the Central Bank of Iraq. Edited October 22, 2013 by jg1 1 Link to comment Share on other sites More sharing options...
jg1 Posted October 23, 2013 Report Share Posted October 23, 2013 (edited) http://www.tradingeconomics.com/charts/iraq-money-supply-m2.png?s=iraqmonsupm2 Edited October 23, 2013 by jg1 1 Link to comment Share on other sites More sharing options...
outlawclg Posted October 23, 2013 Report Share Posted October 23, 2013 I was told there would be no math. 6 Link to comment Share on other sites More sharing options...
sandfly Posted October 23, 2013 Report Share Posted October 23, 2013 THANKS Link to comment Share on other sites More sharing options...
Boozer Posted October 23, 2013 Report Share Posted October 23, 2013 I sent this to Okie, he said it is a code that he and TerryK only know, and are not allowed to tell as it will stop the RV, which he will be calling this Thursday . Ship is at sea and all is well. 4 Link to comment Share on other sites More sharing options...
SocalDinar Posted October 23, 2013 Report Share Posted October 23, 2013 Bummer chart Thanks JG1. Sure don't like those numbers 2 Link to comment Share on other sites More sharing options...
MrOptimistic Posted October 23, 2013 Report Share Posted October 23, 2013 http://www.tradingeconomics.com/charts/iraq-money-supply-m2.png?s=iraqmonsupm2 Definition of 'M2':A category within the money supply that includes M1 in addition to all time-related deposits, savings deposits, and non-institutional money-market funds. Definition of 'M1':This is used as a measurement for economists trying to quantify the amount of money in circulation. The M1 is a very liquid measure of the money supply, as it contains cash and assets that can quickly be converted to currency. 1 Link to comment Share on other sites More sharing options...
jg1 Posted October 23, 2013 Report Share Posted October 23, 2013 I think that figures to be 70 trillion dollars worth of dinar. Hyperinflation. And they keep on printing. Link to comment Share on other sites More sharing options...
jg1 Posted October 23, 2013 Report Share Posted October 23, 2013 I think that figures to be 70 trillion dollars worth of dinar. Hyperinflation. And they keep on printing. We all know now, the decrease in the value of the dinar had nothing to do with sanctions. The value of the dinar is where it should be. Does anyone know where the money supply should be at to have a stronger value? Link to comment Share on other sites More sharing options...
valtar Posted October 23, 2013 Report Share Posted October 23, 2013 I sent this to Okie, he said it is a code that he and TerryK only know, and are not allowed to tell as it will stop the RV, which he will be calling this Thursday . Ship is at sea and all is well. In his dreams maybe :eyebrows: :eyebrows: :eyebrows: :eyebrows: Link to comment Share on other sites More sharing options...
SocalDinar Posted October 23, 2013 Report Share Posted October 23, 2013 We all know now, the decrease in the value of the dinar had nothing to do with sanctions. The value of the dinar is where it should be. Does anyone know where the money supply should be at to have a stronger value? Turki said that Iraq's foreign reserves can back the IQD by 250% The CBI also said the reserves were at or close to $80 Billion. In order to be able to back the currency X 2.5 the amount should be around 37 trillion dinar. Just my opinion but I'm not a math wiz. The market rate is at 1220 today 1 Link to comment Share on other sites More sharing options...
Calijim Posted October 24, 2013 Report Share Posted October 24, 2013 I sent this to Okie, he said it is a code that he and TerryK only know, and are not allowed to tell as it will stop the RV, which he will be calling this Thursday . Ship is at sea and all is well. NOW THIS IS A FUNNY GUY,!!!! Link to comment Share on other sites More sharing options...
NoviceInvestor Posted October 24, 2013 Report Share Posted October 24, 2013 NOW THIS IS A FUNNY GUY,!!!![/quote What a load of c..p Link to comment Share on other sites More sharing options...
jeepguy Posted October 24, 2013 Report Share Posted October 24, 2013 o k folks we are seeing crazy numbers , if these are the projection numbers of inflation , they seem to be going in the right direction in the 2014 and 2015 time line { first post } as they have { - } digits . also if they are saying they have almost 85 { is that billion } dinars out , where is the currency at , surely we little fish in the dinar holding bunch are not holding all of that , this brings me too the idea passed around here a few times , that countries are , and have been holding dinar in their central banks , waiting on the dang --- revalue , sooo some where some how these countries are either doing the same thing we are or they are using dinar to buy back dollars at auctions and buying oil back from Iraq ? either way , I think the rumor that countries are holding a huge amount them selves , and why they haven`t been able to spread the crisp newer dinar around too those little guys in the Iraqi streets , I got no idea ? well except that we are only going to give them the dinar back when the rise gets good ! Link to comment Share on other sites More sharing options...
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