ChuckFinley Posted July 21, 2019 Report Share Posted July 21, 2019 Looking for the Bros. Bring those news clips. 2 Link to comment Share on other sites More sharing options...
lmb4321 Posted July 21, 2019 Report Share Posted July 21, 2019 Just checking in.....yes where are the Bro's?? Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Here bro haha 1 1 Link to comment Share on other sites More sharing options...
Pitcher Posted July 21, 2019 Report Share Posted July 21, 2019 18 minutes ago, cranman said: . I truly hope we are at the bank before end of July. The news appears to be getting better every day but this is Iraq. This thread is fun with a lot of cheerleading but we all know anything can happen. Be patient it will happen when it happens. Iraq has come too far to turn back now, imho. 1 7 Link to comment Share on other sites More sharing options...
Pitcher Posted July 21, 2019 Report Share Posted July 21, 2019 Just now, navira said: Here bro haha Haha, I took a nap so I’m here until I fall asleep. I think I have about an hour or two. 🍻 Cheers. 2 Link to comment Share on other sites More sharing options...
zul Posted July 21, 2019 Report Share Posted July 21, 2019 3 hours ago, navira said: Hey bro, is there an article that says this? : The Liberalization of prices is the most important implication in the market economy...]. I can't help but believe that means floating the currency. You can't liberalize the price without changing the value...I don't know why he didn't say float the currency but he called it liberalization of prices. Sounds like a float to me...wow. Iraq has been building up their foreign reserves and this tells me that they are planning (or continue to) to fix the value of their currency in terms of their foreign reserves. Traditionally, countries with floating exchange rate don't have huge foreign reserves. ( Eg. USA foreign currency reserves is only $123.5 billion as of August 2018 vs 1.6 trillion cash in circulation). ( i think)...when IMF suggested to iraq that they need to liberalize their exchange rate ~ a full floating regime is NOT the only option. Iraq could adopt a safer options (in terms of stability) of a managed float exchange rate which consist of a band (a fluctuation range), a basket of currencies (which they have been talking about), and allowing the exchange rates to appreciate or depreciate at a pace under CBI's control. With their huge reconstructions cost (about 80 billion USD), we can expect huge capital surge coming into Iraq over a short period of time and this would put a lot of upward pressure on their exchange rate (IF they were to full float their exchange rate), causing stress and overheating to their economy and a source of deflation which could be disruptive and very harmful to their reconstruction process. I don't think iraq would want that. What I think iraq would do is to RV their currency to a value (eg. Equivalent to 1 USD), thus absorbing the impact of sudden upward pressure to their exchange rate, and then managed float from there........giving them the much needed stability for their reconstruction process. They keyword here is: STABILITY. 4 8 Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Been reading all the articles that I recieved bros...hope to post some good ones...just as soon as I find some..cheers bros 2 Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Thanks bro zul 1 Link to comment Share on other sites More sharing options...
Arceo Posted July 21, 2019 Report Share Posted July 21, 2019 3 minutes ago, navira said: Been reading all the articles that I recieved bros...hope to post some good ones...just as soon as I find some..cheers bros 3 minutes ago, navira said: Been reading all the articles that I recieved bros...hope to post some good ones...just as soon as I find some..cheers bros So so there’s none? Damnn. Back to PBR instead of champagne lol Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Lol bro Link to comment Share on other sites More sharing options...
lmb4321 Posted July 21, 2019 Report Share Posted July 21, 2019 Thanks Zul, That was a Great Read....... 2 Link to comment Share on other sites More sharing options...
lmb4321 Posted July 21, 2019 Report Share Posted July 21, 2019 14 minutes ago, navira said: Been reading all the articles that I recieved bros...hope to post some good ones...just as soon as I find some..cheers bros Thanks navira, looking forward to news that the Education Minister is done...haha Cheers....Bro.... Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Cheers bro 1 Link to comment Share on other sites More sharing options...
6ly410 Posted July 21, 2019 Author Report Share Posted July 21, 2019 good evening bros lets go 1 Link to comment Share on other sites More sharing options...
6ly410 Posted July 21, 2019 Author Report Share Posted July 21, 2019 (edited) something is cooking bro haha cheers Edited July 21, 2019 by 6ly410 Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Something is definitely cooking bro Link to comment Share on other sites More sharing options...
6ly410 Posted July 21, 2019 Author Report Share Posted July 21, 2019 Cheers bro Link to comment Share on other sites More sharing options...
nfire Posted July 21, 2019 Report Share Posted July 21, 2019 (edited) Missed all the Maui talk . Headed their beginning of next month. My son got his Make-A-Wish granted and he chose volcanoes and swimming with the sea turtles. It should be a once in a lifetime trip and really looking forward to it. Edited July 21, 2019 by nfire 6 2 1 Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Maui...here I come post rv, haha..cheers 1 1 1 Link to comment Share on other sites More sharing options...
6ly410 Posted July 21, 2019 Author Report Share Posted July 21, 2019 haha post RV cheers Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Let's keep this thread open post rv bros..hoping Adam doesn't shutdown the site. 2 Link to comment Share on other sites More sharing options...
zul Posted July 21, 2019 Report Share Posted July 21, 2019 46 minutes ago, navira said: Thanks bro zul 38 minutes ago, lmb4321 said: Thanks Zul, That was a Great Read....... Tq Bros...let's go. 2 Link to comment Share on other sites More sharing options...
6ly410 Posted July 21, 2019 Author Report Share Posted July 21, 2019 I can’t wait bro wow post RV Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 Let's go..cheers bro Link to comment Share on other sites More sharing options...
navira Posted July 21, 2019 Report Share Posted July 21, 2019 We can open a site and call it...bros site post rv, haha 2 Link to comment Share on other sites More sharing options...
Recommended Posts