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Kaperoni Vs The Lopster Tman !

DinarThug

By DinarThug,
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DinarThug

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CNN. Broadcasting A Long Chat - U May Want To Just Read The Kap And Tman Quotes To Shorten It A Bit !

 

 

 

Sunday PM 7-02-17

 

tman23: Remember that Maliki appointed Alak the CBI governor which was confirmed by the council of ministers just days before Abadi was sworn in as PM....... Sept 2014.....
 
And remember Chalibi was accusing Alak of having a fake college diploma..... which would have been the legal avenue for removing Alak and just about the only available avenue......But Chalibi died in his sleep......
 
The CBI Governor term is 5 years......so Sept 2019 he can be replaced by the PM and council of ministers approval.......
 
So just how loyal is Alak to Maliki ?? And if a RV helped boost Abadi popularity before elections.... will Alak not try to stonewall the process to help his buddy Maliki......if they are indeed "buddies" !
 
chattels: @tman23 I do not know that Alak has ever been affirmed by the Parliament. The new CBI website refers to Alak as the acting governor. Am I wrong ?
 
chattels: @tman23 Actually the website refers to him in one place as governor and another as acting governor.
 
chattels: @tman23 H.E Mr. Ali Muhsin Ismail / Acting Governor and Head of the Executive Board https://cbi.iq/page/54

Spectra: None seems to know if ALAK is the acting gov


 
lmerFudd: So, post RV, if we put a million in their bank, we would 230K each year?
 
BlackGold: Not sure post, but righ now thats what it is
 
ElmerFudd: Sheesh!
 
LJ: Really
 
ElmerFudd: Can people in north america do that legally? There's no sanctions against that?
 
LJ: 23%....wow
LJ: Got to do some homework for.sure
 
BlackGold: You can if you travel out side our country and open an account. Thats another reason why our country doesn't want us to know about bit coin. they can't trace it
 
BlackGold: You may even see Fed coin soon
 ...

 

ElmerFudd: Probably before budget deadline in Oct.
 
BlackGold: yep lol
 
LJ: Lol
 
ElmerFudd: I wonder if they have branches here?
 
LK8: Got a general question: What's your gameplay for your money? 1. Pay all debt off What's your next steps
 
BlackGold: Find banks that are in Iran and Iranian banks that are in other countries and do your homework
 
BlackGold: disappear, Grow your money Protect your money
ElmerFudd: Set up a bank of me, invest in some of the ideas that my financial advisor recommended...
 
Baxter: WHat debt? I dont have any.... :biggrin:
 
Meatball: Lk8... if this ever did take off... may want to look into Iraq investment
 
Kaperoni: As a reflection of deteriorating financial and economic conditions in Iran, many of the country's banks have declared their bankruptcy and others are on the verge of declaring it. This reveals how the policies adopted by Iran's Supreme Leader Ayatollah Khamenei will eventually force Tehran into abyss.
 
ElmerFudd: I had no idea about the bank of Iran, that's interesting.
 
Zig: :Welcome back, Mr. Kaperoni...
 
Kaperoni: The rest is here...
 
Kaperoni: http://www.thebaghdadpost.com/en/story/13318/Financial-institutions-bankruptcy-threatens-Iran-s-banking-sector
 
BlackGold: Iran is actually safer than Iraq right now
 
ElmerFudd: So, how can they charge 23%?
 
Kaperoni: Zig, I'm back with a beef lol
 
Baxter: Ask an Iranian Bank about FDIC Insurance... :laugh
 
BlackGold: give
 
tman23: The interest rate on the Iranian rial is high because people don't want to hold them, they'd rather exchange them for dollars, and to compensate for this, they need to be rewarded handsomely. The first reason for this lack of interest is the fact that the value of the rial has been falling systematically.
 
People understand that if they keep their rials, the value of these pieces of paper will be lesser tomorrow, and they will need more of them to buy the same things as today. Indeed, besides the falling foreign exchange rate, Iran is subject to bouts of inflation, and even the 30% yearly interest rate doesn't cover the rise in prices.
 
Moreover, the rial is not readily convertible into other currencies. Iran has put in place capital controls; in practice, if you have a lot of rials and want to exchange them for dollars, you have to buy something in Iran, export it, and sell it abroad for a currency that is easier to exchange. Worse yet, Iran is currently under embargo, and it is very difficult to export anything from there.
 
BlackGold: You can laugh about FDIC insurreance and thats a joke too
 
BlackGold: When you give your money to a US bank you don't own it anymore. Its an unsecure loan to the Bank. one day Americans will wake up
 
Meatball: Black Gold... most folks do not know facts about banks
 
ElmerFudd: Same here in Canada.
 
Meatball: or there process
 
LJ: Yep

 

 

Kaperoni: Tman23 made some statement in the last day or so that there is going to be a redemonination and a short period to cash in notes. This is the kind of stuff that irks me so much.. It is totally false and completely contrary to what experts and the CBI and the IMF have stated. It’s almost like he just made it up to get a reaction.
 
Kaperoni: Where is such proof?
 
Zig: Okay....Gotta go...I don't see Doug so Meatball is in charge....lol
 
BlackGold: Oh wait until they do a Bail-in and take 30% of your 401K, you won't be laughing then
 
Zig: Acting Mod Meatball
 
Zig: LOL
 
ElmerFudd: Convert to gold?
 
Kaperoni: First off, the CBI is not going or planning a new currency. The currency in Iraq is the Dinar. Or known as the IQD. There is no new currency planned. It would destroy confidence globally in Iraq to even think so.
 
BlackGold: True
 
Kaperoni: Next, the deletion of zeros is a process. I have no idea when it will start, but clearly they are behind schedule. That is because they plan to delete the 3 zeros notes gradually over time as the dinar raises in value (via float) when the time is right. It is not a single event, nor is it a redenomination. This is provable by specific statements from the CBI and supported by the IMF
 
BlackGold: Way behind
 
Kaperoni: Last fall, the CBI announced they had hoped to begin the process to delete the zeros early 2017 (some articles referred to the beginning of 2017). As we know that has not happened..and more than likely do the ongoing conditions and reforms still underway in Iraq.
 
ElmerFudd: The whole process started a year or so ago and was supposed to be done last Jan.
 
Kaperoni: But the key from those articles referred to the notes that would be released as the next step…
 
Meatball: Zig ... party is on now lol
 
Kaperoni: “This project is planned for some time and was supposed to put this category within the project to delete the zeros within the Bank 's plans , which were designed to delete three zeros and put cash paper of 100 and 200 dinars category», he added: «This work of the priorities of the central bank , which wants to improve the value of the currency as a store of value,”
 
Kaperoni: Key here is..cash paper of 100 and 200 dinars
Kaperoni: improve the value of the currency
 
Kaperoni: This quote is so telling…First it eliminates the possibility of a redenomination (because redemoninations affect all notes simultaneously. And second, it confirms that the dinar will appreciate gradually because these notes would have to have value in order to be introduced, but no so much so that additional lower demoninations are required at the time. And third, it supports several other articles from the past including this one quoting the CBI and this from the IMF….
 
Kaperoni: “central bank to raise the value of the dinar against the dollar gradually down to the day to start replacement where the value will be in the absence of a fluctuating one Iraqi dinars equivalent to U.S. dollars one.”
 
Kaperoni: raise the value of the dinar against the dollar gradually
 
Kaperoni: And this from the IMF 2012 Article IV Consultation…
 
Kaperoni: “staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,”
 
Kaperoni: again...a predictable and gradual appreciation
 
Kaperoni: The next issue is a short cash in of notes. It has been stated directly by the CBI that 10 years would be the term to exchange 3 zeros notes. This also is contrary to a redenomination which almost always is a short window to exchange. As well, the IMF themselves as part of the charter requires at least 1 year exchange for any such notes that are being discontinued from circulation.
 
Kaperoni: And finally, the CBI has mentioned on a few occasions that the process could take up to 5 years to delete the zeros…which is a clear indication that the float, or gradual appreciation of the dinar is going to be a process and not an overnight event.
 
Kaperoni: I do not make stuff up, misrepresent or misinterpret what has been stated. I did, research and know what I am talking about. In order for Iraq to succeed, they need a strong banking system, confirmation of regulations and procedures, and a currency that represents Iraq. It will be backed by sound banking principles, and assets such as gold supported by investors and investment. There are no shortcuts.
 
BlackGold: Its been 15 years 

 

Kaperoni: I want to finish with this quote from an article just two days ago…
Kaperoni: This is only 2 days ago...
 
Kaperoni: “We must be aware that the supply and demand in the global financial markets is the best choices of the Iraqi currency without state intervention and that a fixed currency at a reasonable price against other currencies are better than the high currency price but very worried before the tremors market,
 
so we urgently need a new economic philosophy lead to the generation of development and expand the supply and demand circle for local production at all Tnoath especially in an important aspect of monetary policy ,
 
which is dealing with the dinar value of the driving force for development or editing the value of the dinar which is the best way which cuts all ways of corruption in front of the parties in this vital and dangerous from the Iraqi economy sector.”
 
Kaperoni: “The edit currency or floating is not something strange or innovative in the money market, it is a tool of monetary policy for the countries of tools and not something terrifying or misadventure as portrayed by users of the thieves of currency teams in the bank auction, and often this process is used when moving departments of central banks to correct the value of currencies that determine the value of governments ,
 
as is currently in Iraq for reasons not related to development but to the motives of theft as well as political goals designed to mislead people and the value of national currency is high is not commensurate with the real market value.”
 
Kaperoni: Those last quotes are from an Iraqi economist in Iraq.

tman23: @Kaperoni ....... I used to read back in the day your promotion of $3 plus..... then you changed course and went to 1-1...... Now we are on the course of a float..... OKAY !!
 
So what do you believe the 3 zero notes will be worth once they lift the 3 zeros..... 25,000 usd or $21.50 and gradually gain as the market demands.....
 
Kaperoni: tman, I think anyone in this investment has evolved over the years. I am no different..I have been in it for 10+ years now and have stated such a plan for the last 4+ years that the dinar will float.
 
Kaperoni: Nobody, could or would be able to come into this investment in 2003 and know the outcome or plan

 

 

Lstar: I haven't talked to chattel in five years! I think he just left. Here we still are, reading about iraq. I think this will go into 2018 but I still believe it'll work out in our best interest. Happy face!
 
tman23: @Kaperoni .... Starts to float tomorrow....... what is a 25k note worth ??
 
Kaperoni: 1184
 
tman23: @Kaperoni .... What about the lower denoms
 
Kaperoni: read what I wrote
 
Tebow: The Iraqis had their go from $3 something to 4000 in 2003 thanks to the US forces. They will go back the same way. They will start at a value their currency is worth base economy. IT will not float from 1186.
 
Kaperoni: If you want to contribute bring some facts to the chat
 
Kaperoni: Tebow it has been stated by the CBI and the IMF, they plan to gradually raise the value
 
LJ: 2018...HERE WE COME
 
Kaperoni: Tebow, you may not like it, but you have nothing to counter it
 
BlackGold: I read it, sounds like a bunch of intellectual crap that tells us they are screwing us and won't stop until they feel like it
 
Tebow: No it wasn't it was from 3 people who gave their opinion. I remember back when I was a member to your form
 
RickeyT: sos
 
Elilali: Meatball you got popcorn?
 
Kaperoni: Tebow the IMF is not 3 people lmbo
 
Tebow: counter your opinion, yes I can not counter that
 
BlackGold: Don't forget the butter
 
Elilali: JERRY JERRY JERRY JERRY
 
Kaperoni: Last I checked the CBI is not 3 people
 
Meatball: lol
 
Tebow: the report that you cite came not from the IMF

 

Lstar: Hi kaperoni! I might be your only fan, but I read everything you say and it makes sense to me. I think it'll rise gradually and in 2020 or 2019 I might be able to retire. I don't think it'll lop.
 
And I don't think the lower demons are gonna serve us at all but that's just my opinion. I haven't been able to express anywhere that I believe kaperoni all along, for the last ten years. My posts all got deleted lol! Haha
 
BlackGold: Show me the moneeeeeey
 
Kaperoni: Lstar, ahh a normal person
 
BlackGold: The IMf are a bunch of crooks too
 
Elilali: lol your only fan.... that's indirectly offensive lololol
 
Meatball: Lstar...welcome
 
Elilali: I don't care what everyone says about you... I think you're great
 
Tebow: so when it floats as you say Iraqis will be Daily changing the value of goods in their ecomony, right.
 
Lstar: Keep working, retirement later. No! I didn't mean it be offensive!
 
Kaperoni: Tebow, do you know that most countries float there currency? Do they change the price of goods daily?
 
Lstar: I just don't see many people agree with him. Didn't mean to be mean at all
 
Tebow: no one really knows what's going to happen until they do something.
 
Elilali: gaymen Tebow
 
BlackGold: true
Elilali: I mean amen
Lstar: Exactly Tebow
Meatball: why is it so hard to believe a currency will raise gradually ?
LJ: You right
 
Kaperoni: Ok I made my points, if you want comment feel free. But if you want to argue with me, bring proof. Have a great day
 
Elilali: who cares.. let's just RV, now
LJ: ****, we might be here 2018              
 
Tebow: yes they do but they will not start at 1186. THey will give it a value just like when the value was taken and float from there
 
LJ: Talking same stuff
 
Lstar: I just see a lot of opposition meatball to kaperoni. That's all
 
RickeyT: @LJ or 2020
Elilali: float it, push it. pull it, twist it.... I don't give a &%$^%^
Elilali: just DO it
 
BlackGold: Its been about 14 years they had plenty of time to raise it slowly
 
Tebow: no invester is going to wait for Iraq to float from 1186
 
LJ: @RickeyT yep
Elilali: that's what she said
 
tman23: @Kaperoni ...... What do you expect to make off the note you paid $28 for that was worth $21.50 when you purchased....... This is what I am not understanding from you......So put it where everyone understands your position........
 
BlackGold: the Iraqi people can't wait
 
Meatball: conditions have to be right before anything happens
 
Lstar: It's the long haul returns my opinion
Elilali: let's just RV]
Elilali: how bout that y'all?
LJ: YEP...GCR
Meatball: Lstar all thoughts are welcome here

 

Elilali: 10 cents, 1 dollar, 3 dollars... just do it so we can move on with their lives and so that Meatball can get a new haircut
 
BlackGold: Kuwait didn't even have electricity when they RI = re=instated their currency
 
Lstar: I'm confused about the welfare cards. They're loaded with 1000 dinars to buy food for 8 months. I looked up the price in Baghdad for a loaf of bread and its a thousand dinars so that card seems worthless in my opinion
 
Elilali: Neither did Meatball, but that's because he's in Tennessee
 
tman23: @Kaperoni ...... You paid $28 for a $21.50 note and your going to watch the currency gain by market demand........and in 5 years your note may be worth $30.......and you your here waiting on this tremendous gain.......
Elilali: oh boy
Elilali: Tman has a point
 
Elilali: a float wouldn't seem to provide true purchasing power
Elilali: tman I think he fled
Elilali: just when it was getting good
 
Lstar: Kuwait is a very small country. I don't know if their currency can be compared. Iraq is a huge country with greater expenses. I'm not sure my logic is correct but I think expenses to run the country need to be considered.
 
Elilali: I have expenses Lstar. let's RV so I can afford everything I want
Elilali: what about me?
 
TWW: LOLOLOL seems to be quite the tence chatting here today, WOW
 
LJ: Who is in thr mindset...that it will happen this week...lol
 
TWW: @Meatball u wouldnt like what i might post here so i will stay silent
 
tman23: I understand what Kaperoni is touting NOW...... What I don't understand is what the ***** is wasting his time for if that is his belief....... AND he does the hit and run without ever answering what he thinks the $28 note that he paid .....that was worth 21.50........ will float to !!
 
tman23: THE IMF SAID...... THE ECONOMIST SAID....... WELL IF WE GO BY HISTORY WE ARE SCREWED !! WE GOT INTO THIS BECAUSE WE BELIEVE IT IS AN EVENT NEVER BEFORE IN HISTORY........
 
AND I DON'T NEED TO READ WHAT SOME IRAQI ECONOMIST SAYS OR SAID......
 
THEY HAVE BEEN DOING SO WELL OVER THE YEARS WITH THE MEGA TRILLIONS THEY PISSED AWAY......AND HAVE NOTHING TO SHOW FOR IT OTHER THAN FAT POLITICIANS
 
TWW: @Meatball that old fool that dictates the land of ZIM wrecked his country
 
TWW: @Meatball do u own ZIM$
 
Elilali: isn't that illegal? Who is Zim and why is the poor guy someone's property?
Elilali: apparently Meatball owns him
 
Meatball: TWW,,, no sir i do not
 
Elilali: someone's pants are on fire
 
TWW: @Elilali U kno what ZIM is, im sure
Elilali: I do, I'm just having fun
Meatball: which one of you nuts has any guts lol
 
TheOptimist: "MOSUL — The Federal Police, which holds the southern axis of the city of Mosul, announced Sunday that it will complete its mission within the next 48 hours." What a crock of crap. This was posted TODAY on basnews out of Iraq. How many times are they going to say in "48 hours". We have heard this all too often, particularly since April. Lyin' corrupt *****.
 
Elilali: lol TheOptimist that's not very positive
TheOptimist: No it's not
Elilali: That's like "HalfGlassFull: **** the world... I hate everybody. Aghhh"
Elilali: lolololol
 
TheOptimist: No, it's called reality!
Elilali: <----------- your alias
Elilali: TheOptimist
TheOptimist: I have no alias
Elilali: uh...
Elilali: yes you do
Elilali: Did you not type in "TheOptimist?"
Elilali: I was having fun because your screen name is TheOptimist, and you were very upset
 
Elilali: that's not optimistic!
Elilali: Meatball needs hope
 
TheOptimist: Oh I got it. No worries
Elilali: got it? good
 
TheOptimist: lol.
Meatball: lol  

 

tman23: Years ago I watched Kap defend his $3 plus rate......NO BS !! Then he went to a 1-1 and defended that...NO BS !! Then as he gets his micro macro economic internet education.....and he moves to the float........ So the easy question to understand his position is......
 
You purchased a 25,000 dinar note for $28 that was worth $21.50 .....What is the expectation for profit on that one note with your float theory......GIVE ME A NUMBER...... But he never does and never will.......
 
tman23: @Elilali ... Very easy question to answer.....Where all layman could understand this economic geniuses position....... But you will never get that answer in simple terms.....to complicated I guess.......
 
tman23: KIRKUK — An enormous sculpture has been erected in central Kirkuk to pay the city’s tribute to the sacrifices they made to defend the people against Islamic State (IS). According to Peshmerga Ministry of Kurdistan Regional Government, the Statue is 21 meters high, believed to be the largest in the country. Local administration in Kirkuk are preparing to unveil the statue in the upcoming days during a special ceremony.
 
JmanAttheH: My point is, whre kap is involved, why try and get people to believe what he does? What is in it for him???
 
Meatball: I don't think Kap is trying to change anyone's views... just stating his
Meatball: its an open forum.... there are a few on here who believe different
 
JmanAttheH: I may be cynical because of being in this for over 8 years now, and being let down all those times,and for listening to these gurus stating what they push.
 
tman23: ERBIL, Kurdistan Region – Deputy Prime Minister of the Kurdistan Regional Government (KRG) Qubad Talabani announced on Sunday that they have plans to end austerity measures in the near future and will soon put into place a new system for the civil servant payroll.
 
“We are working to end austerity measures. We are working to formulate a new system of salaries," Talabani said. The project to pay the salaries of governmental employees via the biometric system is nearly completed. It has reached the "inquiry precision phase," Talabani said, and is expected to be up and running by September.

The government has not been in a hurry to introduce the system, Talabani said. Instead they have taken their time to ensure they create a strong system without mistakes, he explained.
 
 

 

 

 

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DinarThug Newbie

DinarThug

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42 minutes ago, davis411 said:

Long   I read it 

and grew a bread

 

39 minutes ago, boosterbglee said:

:PDavis grew "bread"........:P

 

Yo Snap - He May Have A Yeast Infection ! :o 

 

:D  :D  :D 

 

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countryroads Newbie

countryroads

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Last couple of weeks we were told to stay close to our computers, things were going to happen any day, any hour any second. Make sure you have gas in your car to get to the exchange place. Now as usual we are back to chit chat and nothing is coming down the line. Stoke more coal in the boiler, this trip still has a long way to go, it would seem.

So Happy 4TH of July everyone.

Countryroads

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