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About the issuance of a new Iraqi currency Soon


boomer113189
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Take it to the lemmings.

Ya ya

You want to log in to this web site and talk about its members and post snotty remarks

About any one you choose and then you demand respect and now want to boss people around

What comes around goes around - a hundred fold in return to you

Everytime you push someone around you get it back 100 times

you and your buddy's are in for a long long long wait before we leave you do as you please to the members of dv

You troll around running your mouth and pay back is a ******

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Ya ya

You want to log in to this web site and talk about its members and post snotty remarks

About any one you choose and then you demand respect and now want to boss people around

What comes around goes around - a hundred fold in return to you

Everytime you push someone around you get it back 100 times

you and your buddy's are in for a long long long wait before we leave you do as you please to the members of dv

You troll around running your mouth and pay back is a ******

Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Dontlop is just mad cause no one down here is buying into his Swiss dinar rv nonsense. It's got to be frustrating... All the time he's wasted here trying to convince us. We've done our homework down her man. We're Not falling for it.

Sorry

Go grab a glass of wine and sit on the porch and breathe... It'll relax you.

Edited by fib1618
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No ones buying your bs that's for sure

You had to be restrained and locked down there's three of you still active in lock down the rest went away they realized they were the problem

Bring up the Swiss dinar anytime you want me to embarress you with your own words

They are book marked

Power lifting

Lol

You mean like using a forklift for power

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Ya ya

You want to log in to this web site and talk about its members and post snotty remarks

About any one you choose and then you demand respect and now want to boss people around

What comes around goes around - a hundred fold in return to you

Everytime you push someone around you get it back 100 times

you and your buddy's are in for a long long long wait before we leave you do as you please to the members of dv

You troll around running your mouth and pay back is a ******

and im telling mom! thats right im telling
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Kaperoni does not know anything i cant believe people listen to him or actually trust him and follow him he has nothing to back up anything he says

he does back himself up boomer he uses news properly translated and gives his opinion- you only see 5% of the picture on that guru site

His site is very good

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Kaperoni:   "Economic: delete two zeros from the currency less risky Deleting the zeros has nothing to do with the physical currency... It is nothing more than an event...they must raise the zeros before they can delete the zeros.   We do not care about the deletion of zeros because that can only occur once they have the dinar on par or about with the dollar.  Then they can officially declare they have "deleted the zeros" and implement the Law of Indebitness.  

 

 

he is nothing more then a guru and he is trash and has no idea what he is talking about he has been wrong tons of times

 

if you wanna believe a guy who noes nothing by all means follow him lol.

 

 

now if they have made a couple mistakes its alright but when i can come up with countless lies he tells you know he knows nothing

Edited by boomer113189
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No ones buying your bs that's for sure

You had to be restrained and locked down there's three of you still active in lock down the rest went away they realized they were the problem

Bring up the Swiss dinar anytime you want me to embarress you with your own words

They are book marked

Power lifting

Lol

You mean like using a forklift for power

 

How many hundreds of billions of dollars in profit were made off the Swiss dinar RV by speculators?

 

How about the Kuwaiti dinar?  How many hundreds of billions?

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Here's some CRAPERONI from 2010...

"I am going to try and bring some sense to why we have not seen the RV as of today, Dec 31st, 2010.

We all have read the CBI articles in the past and were holding firm with the comments stating the small denominations will come out… “after the formation of the GOI directly” or the statement… “by the end of the year.”

Obviously that does not appear to be happening….though we still have a few hours left in 2010.

Those comments were made several months ago. Prior to the formation of the GOI or with a clear understanding of the timeframe needed to form and complete the GOI.

IMO this recent statement by Dr. Shabibi tells volumes of his intentions and should be analyzed….

For his part, Dr. Shabibi Iraqi Central Bank Governor that “the political crises and economic conditions are interrelated, with regard to economic conditions that require some sort of extrapolation, forecasting and policy formulation requires finding solutions to political crises and therefore, there is a link to a very large in terms of the causes of crises and their results and other matters relating to and only if the rest of the political crises fact any prediction of any economic planning will not be drafted without solving the political crisis associated with it.”

This article also surfaced the other day (from an economist) and had this interesting quote….

Approaching hour Declaration deletion of three zeros from the current currency (dinar) after the ripe intentions and goals and developed the initial plan may be finalized and the procedures and mechanisms the beginning of next year to be ready within the legal framework of the new Iraqi currency before being submitted to Parliament for approval.

Reviewing these two quotes its seems clear that Dr.Shabibi is stating that GOI and the economy go hand in hand. That without a complete GOI, there will be no economic planning (RV). In my opinion, the hold up is clear, the GOI is not complete and the agreements signed that bind this new GOI to a “power sharing” and “inclusive” government is not complete. A major factor in this is the position agreed to by both Maliki and Allawi called the National Strategic Policy Council. The second quote seems to imply beginning of 2011, but needs Parliament approval.

This new council seems to be at the verge of completion. Here is the article quote….

Iraqiya complete national policy council draft law

Thursday, December 30, 2010 10:43 GMT

Al Iraqiya List advisor Hani Ashour affirmed that the List has completed the national strategic policy council draft law after resolving pending issues with the National Alliance over some paragraphs.

Al Iraqiya will pass the draft law to Parliament for vote in the upcoming session on January 10, 2011, Ashour said.

The national strategic policy council will contribute with the government to setting up Iraq’s supreme policy on economic, security, social, political and foreign relations levels, he added.

One can see that we are close, though we may not get the RV Dec 31st, 2010…it appears that within a few weeks into 2011, we will have the GOI that Shabibi requires to then complete his task."

Kaperoni

He just makes it up as he goes.

No wonder he declined Jagerson's invitation to a dinar debate.

He would have been annihilated.

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Here is Kaperoni's "10 reasons why the IQD will not LOP.....

1. Monetary policy was a success talking inflation from 35% or higher to around 7% currently.

2. Any type of currency devaluation (LOP) is considered a failure of monetary policy. Dr. Shabibi has not failed.

3. Lesser value notes in circulation such as 50, 250, 500. Devaluing the larger 3 zero notes would make them worth less than these lesser notes.

4. Iraq wants the dinar to be an international reserve currency. Cannot devalue the notes in reserve (25,000), circulate them as payment, or traded amongst countries.

5. Iraq holds arguable the second largest oil reserves and is mineral rich. They are too wealthy to not honor the value stated on the notes.

6. Iraq has stated..They want the “strongest currency in the Middle East” Any such type of LOP would be a devaluation and therefore not considered strong.

7. US holds dinar as a result if funding the CBI initial reserves. This dinar will eventually payoff the war debt.

8. One of the authors of the currency exchange plan - Assistant Professor Dr. Fadel states in his documentation, “We must emphasize the extremely important issue is that if you remove three zeroes from the currency should not affect the actual value thereof to be trading in the old currency…

9. In 2003 when the NID was introduced at it’s initial rate, the previous currency was in essence devalued taking all wealth from the country to prevent funding of terrorism. Raising the currencies value will in essence, return that wealth now that the GOI is stable and economic conditions have improved.

10. The CBI has stated “both currencies will co-exist” and the process will not change the “monetary value” of the dinar."

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Here is Kaperoni's "10 reasons why the IQD will not LOP.....

1. Monetary policy was a success talking inflation from 35% or higher to around 7% currently.

 

Pure ignorance.  Succesful lops are done after inflation is under control.  Lopping when inflation is still out of control just results in having to lop again, see: Zimbabwe.

2. Any type of currency devaluation (LOP) is considered a failure of monetary policy. Dr. Shabibi has not failed.

 

Flat out lie.  A successful lop (i.e. one that doesn't result in a 2nd lop) means you've gotten inflation under control and you're back on track.  Also, another lie: a lop is not a currency devaluation.

3. Lesser value notes in circulation such as 50, 250, 500. Devaluing the larger 3 zero notes would make them worth less than these lesser notes.

 

Flat out stupidity.  50s, 250s, and 500s would be "lopped" as well.

4. Iraq wants the dinar to be an international reserve currency. Cannot devalue the notes in reserve (25,000), circulate them as payment, or traded amongst countries.

 

Again, a lop is not a devalue. 

5. Iraq holds arguable the second largest oil reserves and is mineral rich. They are too wealthy to not honor the value stated on the notes.

 

Iraq isn't wealthy, period.  Their GDP per capita could triple and they'd still be one of the poorer nations in the world.  The "Iraq is wealthy beyond comprehension" nonsense you see from the gurus is just lies and misunderstandings.

6. Iraq has stated..They want the “strongest currency in the Middle East” Any such type of LOP would be a devaluation and therefore not considered strong.

 

Again, a lop is not a devaluation

7. US holds dinar as a result if funding the CBI initial reserves. This dinar will eventually payoff the war debt.

 

This lie has been proven false by the BH Group indictment.

8. One of the authors of the currency exchange plan - Assistant Professor Dr. Fadel states in his documentation, “We must emphasize the extremely important issue is that if you remove three zeroes from the currency should not affect the actual value thereof to be trading in the old currency…

 

Uh, this describes a lop.  New currency is 1.16 to 1, old currency is 1166 to 1, hence the actual value of the old currency is not affected.

9. In 2003 when the NID was introduced at it’s initial rate, the previous currency was in essence devalued taking all wealth from the country to prevent funding of terrorism. Raising the currencies value will in essence, return that wealth now that the GOI is stable and economic conditions have improved.

 

Flat out lies.  The currency wasn't devalued in 2003 and it didn't happen overnight.  Read the CBIs website.

10. The CBI has stated “both currencies will co-exist” and the process will not change the “monetary value” of the dinar."

 

Again, describing a lop.  How can this idiot think that "not changing the monetary value of the dinar" = massive increase in dinar value?

Edited by FS4Enthusiast
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............

I'm laughing out loud at kraperoni calling a lop a currency devaluation.

25,000 at 1166:1, becomes 25 at 1.16:1

VALUE NEUTRAL!!!

Kraperoni is absolutely clueless.

 

He's probably one of the dumbest gurus, to be honest.  Guys like Okie and TNT are stupid, but most of their ranting seems to be caused by mental imbalance (i.e. insanity) rather than sheer stupidity.  How else can you call an RV every single week for years on end?  Either insanity, or just lying scam artists.

 

Krapaponi on the other hand isn't calling an RV every day, and I think genuinely believes the (total BS) he puts out there, which just means he's very, very stupid.

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its hilarious, but fraudulent at the same time.

how could anyone take financial advice or listen to a currency guru, when they dont even understand basic definitions. people in the real world would never deal somebody like this. like going to the 7/11 for legal advice.

but it sounds good, pumps ya up, gets you all excited, so none of the believers say a word. even after hundreds of times of being wrong and misleading, people still lap it up and defend them.

you tell the truth about history and probability they want you kicked out. go post a new thread with rv intel, and you get +30. you can fill in all lies, just add i have confirmation from a high up source at the end, and your good

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How many hundreds of billions of dollars in profit were made off the Swiss dinar RV by speculators? How about the Kuwaiti dinar?  How many hundreds of billions?

Can you provide a link that there were speculators ?

I wouldn't think there were speculators on the IQD

You do know the Swiss dinar was IQD

There were no separate currency codes

I don't get where your coming from with the speculators when the IQD wasn't traded internationally

No wonder your mixed up

The Kuwait dinar like I have said many times it lost 80 % of its value before it was shut down on the international market

Then the market value dropped off to 5 cents

No one wanted the Kuwait dinar

Lots of people lost a ton of money on the international market before it was shut down and who ever ended up with the Kuwait dinar was devestated

Then when the kcb came back and the govt reinstated the currency they went from broke to as rich as the amount of dinar they had

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Can you provide a link that there were speculators ?

I wouldn't think there were speculators on the IQD

You do know the Swiss dinar was IQD

There were no separate currency codes

I don't get where your coming from with the speculators when the IQD wasn't traded internationally

No wonder your mixed up

The Kuwait dinar like I have said many times it lost 80 % of its value before it was shut down on the international market

Then the market value dropped off to 5 cents

No one wanted the Kuwait dinar

Lots of people lost a ton of money on the international market before it was shut down and who ever ended up with the Kuwait dinar was devestated

Then when the kcb came back and the govt reinstated the currency they went from broke to as rich as the amount of dinar they had

 

So if no one made any money why do you want to babble about them endlessly?

 

After the "Swiss dinar RV" what was the total USD value of all the Swiss dinar in circulation?  Millions?  Billions?  Trillions?

 

After the "Kuwaiti RV" what was the total USD value of all the Kuwaiti dinar in circulation?  Millions?  Billions Trillions?

 

After a 10 cent RV, what would be the total USD value of all the currency IQD in circulation? 

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Sandstorm,

 

People get hoodwinked all the time by so called experts...................nothing new. Been going on since beginning of time. I'm baffled by those that think this is some kind of new phenomenon. The" experts" in regards to dinar are abound on both sides and just as hilarious. You have folks here(DV) that lie thru there teeth to sustain an argument.

Edited by caz1104
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He swears it revalued and tried to prove that trillion percent RVs exist.....only thing he proved wasHow ignorant he really is.....

He swears it revalued and tried to prove that trillion percent RVs exist.....only thing he proved wasHow ignorant he really is.....

he did prove his point though keepem

But you are exaggerating dontlops point to make yourself look good

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