Support the dinar

[unirod]

Exactly LGD!

The CHF de-pegged from the EURO and sky rocketed.

What will happen when the IQD de-pegs from the USD?

[staunch]

Hopefully the same thing, but the possibility of the opposite is always a reality as well.

[gregp]

I agree that's what it's about

Stop the dollarization of the market

Amen.

LMAO!!!! HAHAHAHAHA! That is too funny! First time I have seen this.

What the heck are they doing with a dog in the back of a private plane?

I needed that laugh! Awesome!

[dontlop]

The Swiss franc went up 30 % and has declined some since but they are adjusting wages and costs to the new value

It should hold but who knows it could equal out

i wonder how it will effect the exports from Switzerland

Should be better for imports

Swiss franc / dollar chart

http://www.x-rates.com/graph/?from=CHF&to=USD

Three weeks later

Will it hold ?

Looks like it's lost about 1/2 of its highest gain

I guess that's skyrocketing

It jumped from 98 cents to around $1.23 then back now to $1.09

About an 11% gain

Edited February 7, 2015 by dontlop

[The Machine]

Sorry, did you say something to me?

I can't respond because you might cry and report me for bringing

facts.

Something you seem to have issues with.

Yes he said 30% and not 300% and he was right and u were wrong

[RV on my mind]

Tell me if I'm wrong, but the way I read this is it is for in country only.    

[dontlop]

Tell me if I'm wrong, but the way I read this is it is for in country only.  

The topic article in my opinion is talking about using the dinar in iraqi markets and using the dollar only for imports

They can establish that thru legal tender laws

It's a good thing for iraq

This is returning to normal as far as I can see

They need to build on their own currency and build that value on it and be proud if it and honor it as theirs

It's their soveriegn currency and represents iraq

It's a great thing build up the confidence in the dinar be proud of it respect it

One of the things I've waited to hear

De-dollarization

Call in the dollars to the central bank and issue dinar thru atm to create liquidity.

Most transactions won't require dinar just paper trails of dinar transactions

The money will reside within the central banking system of iraq

It's a good thing

When someone buys shoes with a atm card it's just a transaction between two bank accounts inside the central bank system it goes from one account to the other

All banks in iraq are part of the central bank system and the cbi gets its cut in the action

And the cbi is owned by the govt 100% and is non transferable

It's an ever lasting money tree

Dollars can be used to buy gold

Dinars can pay teachers , police , construction workers , doctors , everything just like we do in the usa but we use dollars , every country uses there own currency at home

Could mean billions of dollars coming to the cbi not today but over time it will gradually be almost all in the cbi

We are closing in on the end

[dontlop]

Maybe by 2016

I was told 2016 in January 2005

Maybe they had a 10 year plan to dollarize for 10 years and save dollars on the streets and then de- dollarize after that

There's no way to verify anything

[Laid Back]

I support the dinar at $1.13:1

Go dinar

Go strong

[jcfrag]

Maybe by 2016

I was told 2016 in January 2005

Maybe they had a 10 year plan to dollarize for 10 years and save dollars on the streets and then de- dollarize after that

There's no way to verify anything

I don't see how they could have planned on 2016 and still be on track when they had not planned on Maliki and his ISIS entrouge hitting the scene and screwing up everything.... If they were looking at 2016 back in 2005 they would actually been set back a year or two from all of that noise......Just my two cents

[dontlop]

Not buying it myself

One man didn't screw everything up

Im surprised it's not alt worse

I don't think all those angels over their were engulfed in prayer while the dastardly evil maliki destroyed everything

The sunnis and kurds needed to learn about the new leadership in iraq and it wasn't an easy transformation

There's a new boss in town and he's a shitte

The sunnis are done ruling iraq we saw how that went with saddam

The kurds tried to make a break for it when things were in turmoil but were stopped by maliki and they didn't like that

I think he held it together more than most give him credit for

Yes it was ugly at times but that's the only thing they understood

Ask a marine how the sunnis took the change , he would know how things went in several occasions in falluja

Any way things are still screwed up but they are headed towards a unified iraq

The monetary policy had nothing to do with a civil war that by the way for the most part was mild thanks to that compassionate iron fist rule by maliki

History will dictate malikis legacy

Not a bunch of propagandists

It's a good thing I wasn't running iraq

Their would be quite a few heads on sticks

[dontlop]

Eventually we will see what all the mr nice guy politics reap

And we will see if they need maliki back with his iron fist or if they need someone even meaner like al sadr

But I think all this mr nice guy politics can blow up in their faces

I'd make sure all weapons and ammo comes thru baghdad and make sure the oil is not sold any where without baghdads approval

These things can help save iraq as a nation

Maliki was right to stand up to them

They knew what they were up to

The shittes control iraq now

Our govt knew that when they handed it over to them

They knew majority rules in a democracy where they vote

And they knew who was the majority

[MyLadiesDaddy]

Exactly LGD!

The CHF de-pegged from the EURO and sky rocketed.

What will happen when the IQD de-pegs from the USD?

Honestly, I would hope it would shoot up, but somehow the effect that would have on the dollar

 

would be something I don't wanna see.

 

Yes he said 30% and not 300% and he was right and u were wrong

LOL

 

I ain't never wrong. 

 

But seriously, even a 30% jump in a matter of seconds is absolutely

 

unheard of in currency trading.

 

Essentially It shows that in today's economic environment 

 

​ANYTHINGS POSSIBLE   

Edited February 7, 2015 by ladyGrace'sDaddy

[AJC]

You've had my support for 10 years !!!!! What's the prob Iraq !!!!! RV for crying out loud !!!!

[uncirculd]

ONe word:  DE-DOLLARIZE!   Great infos Yota!!

[dontlop]

I'll go along with that

Been waiting for de-dollarization for a long time

Make them use that dinar