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6ly410

Go Iraq Part 2

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I was looking at the multiple currency asspect.

 

1. Article VIII provides in Sections 2 and 3 that members shall not impose or engage in certain measures, namely restrictions on the making of payments and transfers for current international transactions, discriminatory currency arrangements, or multiple currency practices, without the approval of the Fund. The guiding principle in ascertaining whether a measure is a restriction on payments and transfers for current transactions under Article VIII, Section 2, is whether it involves a direct governmental limitation on the availability or use of exchange as such. Members in doubt as to whether any of their measures do or do not fall under Article VIII may wish to consult the Fund thereon.

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Art 8 gives any currency a convertible currency...this is what I heard from people. I hope this is what the meeting is all about in the coming week on July 19...I hope somone here would expound on this...cheers bros

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1 minute ago, navira said:

Thanks for that info bro CF..now I get it...thanks again

You are welcome. 

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“No rate change since Wednesday from CBI”   Probably means nothing but then maybe it does. 

 

“77% of the world’s transaction revenue touches an SAP system.  They wouldn’t set up shop in Iraq for fun!

 

 

Lets go Iraq.  Let’s go RV. 

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I've read from someone else...that the IMF controls the rate change.....then it will tell the CBI to RV......but it could be awhile before they pull the trigger.....sounds logical...

 

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I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers 

Edited by 6ly410
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Hey lmb , lol don't believe in any of that bro...the CBI ,being an independent entity, is in control...however ,in iraq case, the govt can intervene when it comes to corruptions or any other case that requires govt intervention...i also want to point out that an rv(not an ri) consists or is influenced by many factors...cheers bros

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10 minutes ago, 6ly410 said:

I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers 

 

I agree, why not.  What do they have to lose. Get it done and get the investment money coming into the country and watch this country blossom.  

 

An economic and rebuilt Iraq will put pressure on Iran to change.  Iran and it’s puppet Iraqi politicians have been holding this up for years. It wouldn’t surprise me to find out our US politicians are also in on the auction corruption.  

 

Lets go Iraq, give the people some monetary value.  

 

Cheers!!

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We have seen in the news that corruption is rampant in the CBI...that's why the govt officials are finding a solution to encounter such that by placing a mechanism that would stop the auction....this is where I hope they would give a rate to the dinar if ever they decide they would go such route..cheers bros

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6 minutes ago, navira said:

We have seen in the news that corruption is rampant in the CBI...that's why the govt officials are finding a solution to encounter such that by placing a mechanism that would stop the auction

 

 

Coruption is a big deal.  Throw a few of the thieves in jail and it would cease.

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6 minutes ago, Pitcher said:

 

I agree, why not.  What do they have to lose. Get it done and get the investment money coming into the country and watch this country blossom.  

 

An economic and rebuilt Iraq will put pressure on Iran to change.  Iran and it’s puppet Iraqi politicians have been holding this up for years. It wouldn’t surprise me to find out our US politicians are also in on the auction corruption.  

 

Lets go Iraq, give the people some monetary value.  

 

Cheers!!

I just don't get it other than the recent Hard Core Muslim  Influence in the Middle east.....Iraq and Iran we Hot Spots for tourist and movies back in the 60-70's....Some of the finest Hotels, Movie Sets, nicest beaches........What the hell are they doing now....Other than no one there remember they were once a great nation much like Generation "WHY" in America Today....So much has been lost in the past 30-40 years and I wonder if WE can or Will Ever Be Able to Recover?

 

Karsten

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When this thing pops we will be dancing in the sreeets like this!!

 

 

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1 hour ago, 6ly410 said:

I personally don’t believe that we are waiting on anything... they can flip the switch at any second imo cheers 

 

:praying:  Please let it be this week end !!

 

  pp

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He shared an article about UNSC ...that Iraq needs an economic reform post conflict...it's a good article

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Can we say between now and the 21st is a Great Window for this..

to pop?....thanks for the input bro....

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