6ly410 Posted December 28, 2019 Author Report Share Posted December 28, 2019 ah ok thank u very much Quote Link to comment Share on other sites More sharing options...
Arceo Posted December 28, 2019 Report Share Posted December 28, 2019 4 minutes ago, navira said: That's how much money they need in relation to how much they need proportional to the budget...the higher the budget the less...vise versa He is probably just wondering what would cause the drastic change that hasn’t happened in what looks like. Ever. 1 Quote Link to comment Share on other sites More sharing options...
navira Posted December 28, 2019 Report Share Posted December 28, 2019 I bet this is what those f##$^^ frankie n delta found n not wanting to share lmao. 1 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 28, 2019 Author Report Share Posted December 28, 2019 (edited) Lol Edited December 28, 2019 by 6ly410 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 28, 2019 Author Report Share Posted December 28, 2019 2 minutes ago, Arceo said: He is probably just wondering what would cause the drastic change that hasn’t happened in what looks like. Ever. Exactly.. thx bro Quote Link to comment Share on other sites More sharing options...
navira Posted December 28, 2019 Report Share Posted December 28, 2019 I found frankies utube video n made comments...each time I made comments...that wife of his erased them lmao 7 Quote Link to comment Share on other sites More sharing options...
navira Posted December 28, 2019 Report Share Posted December 28, 2019 See u guys later...haven't been posting lately...just making money off of stocks n enjoying my vacay. Cheers all...happy New Year all in advance 3 3 Quote Link to comment Share on other sites More sharing options...
Thief Posted December 28, 2019 Report Share Posted December 28, 2019 3 hours ago, 6ly410 said: https://cbiraq.org/SeriesChart.aspx?TseriesID=157 This is a time series chart for currency issued by CBI. It is a cumulative monthly value.......starting from 2004 (I assumed). Since it has cumulative values, it will always be a rising chart ~ up until Nov 2019, the values plumetted down to just 5 trillions dinars. So the question is: what causes the value to suddenly drop down to 5 trillion (from 50 trillion)? Could cbi have been pulling out the 3 zeros notes, and only updated it now? Could be. I having a brain freeze. Need more time to think. But what that shows is that suddenly there's only 5 trillion IQD out there...... 3 3 7 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted December 28, 2019 Report Share Posted December 28, 2019 4 hours ago, 6ly410 said: this is huge bro i need the experts to check this out maybe i am reading this wrong.. 4 hours ago, navira said: Lol..move along guys 4 hours ago, 6ly410 said: what do you mean move along? Aw How Cute - Are U Two Having Ur First Little Tiff ? 9 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 28, 2019 Report Share Posted December 28, 2019 4 hours ago, navira said: I bet this is what those f##$^^ frankie n delta found n not wanting to share lmao. My thoughts exactly... 2 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted December 28, 2019 Report Share Posted December 28, 2019 8 hours ago, Thief said: This is a time series chart for currency issued by CBI. It is a cumulative monthly value.......starting from 2004 (I assumed). Since it has cumulative values, it will always be a rising chart ~ up until Nov 2019, the values plumetted down to just 5 trillions dinars. So the question is: what causes the value to suddenly drop down to 5 trillion (from 50 trillion)? Could cbi have been pulling out the 3 zeros notes, and only updated it now? Could be. I having a brain freeze. Need more time to think. But what that shows is that suddenly there's only 5 trillion IQD out there...... Great questions! I hope someone can answer these ... 1 1 Quote Link to comment Share on other sites More sharing options...
Popular Post blueskyline Posted December 28, 2019 Popular Post Report Share Posted December 28, 2019 Iraqi citizens could be finding out first hand . It is easier , safer and more convenient to live their financial lives through use of e commerce . Less need for physical cash day to day in the streets . The CBI looks to have been removing currency quite sometime . I remember years ago of many banks installing incinerators in their basements . Even some pictures were posted . Some of these banks had fires and they said the cause was electrical problems . Just recently some parliment members were demanding Alak to come forward with more information of a huge some of water damaged and destroyed dinar . What strikes me is they posted this 5 trillion IQD now and without fanfare . To what I read years ago ? 4 Trillion is the number they wanted to reach . This could very well be a banking message to all involved . Like a final countdown . We are about to launch (the economic and monetary reforms ). 8 7 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 29, 2019 Author Report Share Posted December 29, 2019 This could be a big deal more members are noticing this change.. let’s see cheers 4 Quote Link to comment Share on other sites More sharing options...
Thief Posted December 29, 2019 Report Share Posted December 29, 2019 20 hours ago, Thief said: So the question is: what causes the value to suddenly drop down to 5 trillion (from 50 trillion)? Now.....the interesting part, what does this means?? Let's just assume, the CBI data is correct (not a mistake). What that means is that 1 zeros has been 'removed' ~ (from 50 trillion to 5 trillion). BUT our 25,000 dinar is still worth 25,000 dinar!! If they delete another zero, the amount of IQD would be about 500 billion dinar (down from 5 trillion). #As a comparison, Saudi Arabia (population: 32 million) has 1.18 trillion national currency in circulation. That is about double the size of dinar (if they were to delete another zero) The reason I'm doing the comparison with Saudi is because the number of their population is about the same. From that ~ we could make 'rough estimates' of how much local/national currency is needed to support Iraq's economy. So I'm estimating, Iraq needed at least 500 billion dinar to make their economy works. After all their economy is not that much diff from Saudi. Now...... even IF Iraq decide to LOP, they only need to just lop one more zero to bring the total amount of IQD to 500 billion dinar. IF that is the case, a LOP (delete one zero) will no longer be a neutral event for us, it will still be a great RV @ about 0.10 cents. 2 1 7 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 29, 2019 Report Share Posted December 29, 2019 Rebalancing the books as per imf 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 29, 2019 Report Share Posted December 29, 2019 In preparation for a sizeable fiscal adjustment let’s hope 3 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 29, 2019 Author Report Share Posted December 29, 2019 good morning 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted December 29, 2019 Report Share Posted December 29, 2019 11 hours ago, Thief said: Now.....the interesting part, what does this means?? Let's just assume, the CBI data is correct (not a mistake). What that means is that 1 zeros has been 'removed' ~ (from 50 trillion to 5 trillion). BUT our 25,000 dinar is still worth 25,000 dinar!! If they delete another zero, the amount of IQD would be about 500 billion dinar (down from 5 trillion). #As a comparison, Saudi Arabia (population: 32 million) has 1.18 trillion national currency in circulation. That is about double the size of dinar (if they were to delete another zero) The reason I'm doing the comparison with Saudi is because the number of their population is about the same. From that ~ we could make 'rough estimates' of how much local/national currency is needed to support system" rel="">support Iraq's economy. So I'm estimating, Iraq needed at least 500 billion dinar to make their economy works. After all their economy is not that much diff from Saudi. Now...... even IF Iraq decide to LOP, they only need to just lop one more zero to bring the total amount of IQD to 500 billion dinar. IF that is the case, a LOP (delete one zero) will no longer be a neutral event for us, it will still be a great RV @ about 0.10 cents. I like the way you think 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 29, 2019 Author Report Share Posted December 29, 2019 image deleted 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted December 29, 2019 Report Share Posted December 29, 2019 1 hour ago, 6ly410 said: good morning Says U - Still The Same Rate ! 4 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 31, 2019 Author Report Share Posted December 31, 2019 Covering the annual ceremony held by the Trade Bank of Iraq administration to honor distinguished employees for the year 2019 #The Iraqi Trade Bank 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 31, 2019 Author Report Share Posted December 31, 2019 images deleted 1 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 31, 2019 Author Report Share Posted December 31, 2019 (edited) - Edited December 31, 2019 by 6ly410 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 31, 2019 Author Report Share Posted December 31, 2019 images deleted 3 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted January 1, 2020 Author Report Share Posted January 1, 2020 1 Quote Link to comment Share on other sites More sharing options...
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