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Rumor from KTF Missions – 7/11/10


k98nights
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Rumor from KTF Missions – 7/11/10

July 11, 2010 ·

No link, No proof…..Allawi to be named PM on Tuesday the 13th and IMF to “impose new rate” on Iraq @1.50 neighborhood on Thursday, the 15th….take it for what it’s worth …..thanks to everyone here for the attitude and spirit.

LMAO.... ummmmmm OK!

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Rumor from KTF Missions – 7/11/10

July 11, 2010 ·

No link, No proof…..Allawi to be named PM on Tuesday the 13th and IMF to “impose new rate” on Iraq @1.50 neighborhood on Thursday, the 15th….take it for what it’s worth …..thanks to everyone here for the attitude and spirit.

LMAO.... ummmmmm OK!

well, we'll know tomorrow... thanks frank and k98 for posting!

Peace-Love, db

smile.gif

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well this is what i find unusual: the rate, Frank has been consistent in saying it's gonna be $3.00 +. so what's up with the $1.50?

maybe some truth to this? after all even Sonny said he sees the rate coming in close to $2.00.

The post says rumor is from ktf, that does not necessarily mean it is from Frank, I would guess it is not

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Disappointment doesn't exist if you just look forward and realize that "one day, it will happen!!" I believe everything everyone says, as I am gullable, but have learned from my 2 years in this ride. I WILL WAIT, BUT NOT ANTICIPATE!! Thanks to everyone out there gathering intel, reliable or not. You're doing your part to contribute!!

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ok look this is what the IMF said about Iraq:

New item about your countries of interest:

Working Paper No. 10/159: Inflation and Conflict in Iraq: The Economics of Shortages Revisited

Author/Editor: Grigorian, David A.; Kock, Udo

Summary: Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a theoretical model based on the insights into the workings of socialist economies under supply shortages provided by Shleifer and Vishny (1992) to help explain price dynamics. In the model, strategic behavior of the fuel distribution monopolist results in fuel shortages, with implications for fuel and non-fuel inflation. A number of step-wise adjustments of administered prices for fuel products since December 2005 offer an interesting experiment to help study this behavior. Our findings show that inflation may have been influenced by shortages in fuel and non-fuel commodity supplies, which themselves are driven by violence and rent-seeking.

http://www.imf.org/external/pubs/cat/longres.cfm?sk=24035.0

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