Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

IRAQ closing down due to Corona


coorslite21
 Share

Recommended Posts

What Is a Sterilized Intervention? 

Sterilized intervention is the purchase or sale of foreign currency by a central bank to influence the exchange value of the domestic currency, without changing the monetary base. Sterilized intervention involves two separate transactions: 1) the sale or purchase of foreign currency assets, and 2) an open market operation involving the purchase or sale of U.S. government securities (in the same size as the first transaction).

 

The open market operation effectively offsets or sterilizes the impact of the intervention on the monetary base. If the sale or purchase of the foreign currency is not accompanied by an open market operation, it would amount to an unsterilized intervention. Empirical evidence suggests that sterilized intervention is generally incapable of altering exchange rates.

 

Understanding Sterilized Intervention 

Consider a simple example of sterilized intervention. Assume that the Federal Reserve is concerned about the weakness of the dollar against the euro. It, therefore, sells euro-denominated bonds in the amount of EUR 10 billion, and it receives $14 billion in proceeds from the bond sale. Since the withdrawal of $14 billion from the banking system to the Federal Reserve would affect the federal funds rate, the Federal Reserve will immediately conduct an open market operation and buy $14 billion of U.S. Treasuries. This injects the $14 billion back into the monetary system, sterilizing the sale of the euro-denominated bonds. The Federal Reserve in effect also shuffles its bond portfolio by exchanging euro-denominated bonds for U.S. Treasuries.

  • Like 2
  • Upvote 1
Link to comment
Share on other sites

      after watching the moive the future of money,   REV13,16 And he causeth all both small and great rich and poor free and bond to receive a mark in their right hand or in their foreheads And that no man might buy or sell save he that had the mark or the name of the beast or the number of his name. { Looks like the beast system is at the door}   

  • Thanks 2
Link to comment
Share on other sites

24 minutes ago, crane said:

      after watching the moive the future of money,   REV13,16 And he causeth all both small and great rich and poor free and bond to receive a mark in their right hand or in their foreheads And that no man might buy or sell save he that had the mark or the name of the beast or the number of his name. { Looks like the beast system is at the door}   

Think about this. What person in their right mind would take upon a mark knowing they would be serving the anti-Christ? I look at it as a different meaning possibly. What is in your forehead? (brain). Hand is more obvious. (To do the works of the anti-Christ). Remember, many will be fooled. Christ told us all things. Many will worship the devil not knowing that Jesus will return after satin is on earth first not knowing any better.

  • Upvote 5
Link to comment
Share on other sites

Many people are/will not be in their right mind (as an example look at the current almost satanic hatred of Trump) and will gladly accept the mark as a convenience in the ability to buy/sell.  It will be a natural progression for security purposes.  Keep in mind though that it happens in the middle (3 1/2 years in) of the Tribulation period with other key events having  already occurred.  The main one, for the pre-tribers,the rapture will have occurred and we will not be on the Earth to see it happen.

  • Like 2
  • Thanks 2
  • Confused 1
  • Upvote 4
  • Downvote 2
Link to comment
Share on other sites

4 hours ago, nannab said:

 

:woot: :woot:

😂👍🏼

4 hours ago, screwball said:

Exactly 

Exactly,

Go RV

4 hours ago, davis411 said:

Hope your guess is right

 

makes sense

Nice to see you davis411.

Hope I’m right.

2 hours ago, wealthhound said:

 

I love a good story, especially one of this magnitude !! Bring it!!

Thanks LB! WH

You’re welcome wealthhound👍🏼

  • Thanks 3
Link to comment
Share on other sites

4 hours ago, navira said:

Wish this is a cover up...but it isnt

 

Damn . . . 2 ruby drive bys for stating you opinion and probably neither one of those folks offered up a reason as to why they thought you were incorrect. What ever happen to the " debate the issue in a civil manner ? "

 

Looks like the age of civility is a rapidly vanishing concept.

  • Like 3
  • Thanks 1
  • Haha 1
  • Upvote 3
Link to comment
Share on other sites

1 hour ago, gregp said:

Yup....that just got weird.  :wacko:

 

Evening gregp - - Here's a quote from the the Bill Murray/Peter Boyle comedy ( classic ) movie . . . " Where the Buffalo Roam "  

 

From the writings, Life & Times of the Gonzo journalist Hunter S. Thompson. If you haven't see this movie, I highly recommend it.

 

" But it still hasn't gotten weird enough for Me "  :tiphat:

  • Haha 3
Link to comment
Share on other sites

Simple, IMHO - with Iraqi cities in quarantine lockdown, and bank doors closed, they can avoid the panic rush of the RV stampeding through the glass doors so otherwise they'd have all these peeps with face masks on streaming in to exchange bills and no chance of ID'ing them on the CCTV systems.....    perfect time for the CBI and friends to go ahead and push the RV button! 

 

jus sayin'

  • Upvote 2
Link to comment
Share on other sites

8 hours ago, RV-2-Day said:

Many people are/will not be in their right mind (as an example look at the current almost satanic hatred of Trump) and will gladly accept the mark as a convenience in the ability to buy/sell.  It will be a natural progression for security purposes.  Keep in mind though that it happens in the middle (3 1/2 years in) of the Tribulation period with other key events having  already occurred.  The main one, for the pre-tribers,the rapture will have occurred and we will not be on the Earth to see it happen.

 

 

You might be surprised when no one disappears till Jesus comes. There’s no fantasy escape. Christians will endure. 
But that’s in another topic. 

  • Upvote 5
  • Downvote 1
Link to comment
Share on other sites

6 hours ago, horsesoldier said:

 

Evening gregp - - Here's a quote from the the Bill Murray/Peter Boyle comedy ( classic ) movie . . . " Where the Buffalo Roam "  

 

From the writings, Life & Times of the Gonzo journalist Hunter S. Thompson. If you haven't see this movie, I highly recommend it.

 

" But it still hasn't gotten weird enough for Me "  :tiphat:


Nice! 
Forge on soldier!

  • Thanks 2
Link to comment
Share on other sites

Iran Vice President Is One of 7 Officials to Contract Coronavirus

Masoumeh Ebtekar, President Hassan Rouhani’s deputy for women’s affairs and the highest-ranking woman in the government, was at least the seventh Iranian official to test positive......

 

Ms. Ebtekar, one of four vice presidents, was known to Americans as “Mary” during the Tehran hostage crisis four decades ago, when, as a young revolutionary, she was a spokeswoman for the captors of the 52 Americans held at the United States Embassy.

 

Iran now appears to have the highest number of government officials infected by the coronavirus, ......

 

Besides Ms. Ebtekar, the other Iranian officials infected include: Mojtaba Zolnour, a member of Parliament from Qom and head of Parliament’s national security and foreign policy committee; Mahmoud Sadeghi, an outspoken member of Parliament from Tehran; Iraj Harirchi, the deputy health minister who had been leading the effort to contain the coronavirus; Morteza Rahmanzadeh, the mayor of a Tehran district; Dr. Mohamad Reza Ghadir, head of coronavirus management in Qom and director of the city’s state medical university, and Hadi Khosroshahi, a prominent cleric and former ambassador to the Vatican.  Mr. Khosroshahi, 81, died,.......

https://www.nytimes.com/2020/02/27/world/middleeast/coronavirus-iran-vice-president.html 

  • Thanks 5
Link to comment
Share on other sites

Iran confirms 205 new coronavirus cases: State TV

163f3733-647a-49c9-9c58-91be3259080f_16x9_788x442

Iran confirmed on Saturday 205 new cases ofcoronavirus in the last 24 hours, according to Iranian state TV.

Iran’s death toll from the outbreak has reached 43, a health official told state TV, adding that the number of infected people across the country has reached 593.

“Unfortunately nine people died of the virus in the last 24 hours. The death toll is 43 now. The new confirmed infected cases since yesterday is 205 that makes the total number of confirmed infected people 593,” Kianush Jahanpur told state TV.

The Islamic Republic is preparing for the possibility of “tens of thousands” coming to test for the virus, underscoring the concern over the outbreak there, he said.

Several countries, including Bahrain and Kuwait, suspended travel to the country in an effort to contain the outbreak.

 

  • Thanks 3
  • Upvote 2
Link to comment
Share on other sites

Turkey suspends flights to, from Iraq over coronavirus outbreak

Thy_fcb_new_aircraft_borak

Turkish Health Minister Fahrettin Koca said on Saturday that all passenger flights to and from Italy, Iraq and South Korea had been halted due to the coronavirus outbreak, Reuters reported.

The measure will be effective 12 a.m. on Sunday, he said, adding the land crossings between Turkey and neighboring Iraq had also been closed. Turkey had previously halted passenger flights to and from Iran and China.

 

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

A member of the Kurdistan Democratic Party warns of economic collapse

Editing Date: 29/2/2020 21:5781 times read
A member of the Kurdistan Democratic Party warns of economic collapse
Baghdad
The Kurdistan Democratic Party member, Majed Shankali, warned on Saturday that Iraq would suffer an economic collapse due to the new Corona virus.

Shankali said in a tweet on his platform with "Twitter": "Iraq is on the verge of economic collapse if it does not reduce its expenditures and maximize its revenues, because the price of a barrel of Brent reached $ 50."

 
He added: "The world expects an economic crisis because of Corona will outweigh the 2008 crisis," noting that "Iraq relies 95% on oil in its budget, while maximizing revenue is what we hear without seeing it a reality."
  • Thanks 1
Link to comment
Share on other sites

Thanks for this article 6ly.  Maybe they should go after Maliki and his sons. That is about 70-80 B.  That’s a good start.  There’s probably 30-40 more in the Iraqi Govt who have Billions more in their London and Swiss Bank Accounts. 

  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

8 hours ago, Pitcher said:

Thanks for this article 6ly.  Maybe they should go after Maliki and his sons. That is about 70-80 B.  That’s a good start.  There’s probably 30-40 more in the Iraqi Govt who have Billions more in their London and Swiss Bank Accounts. 

PITCHER Agree, However please don't forget about the Barzani's & Talabani's who have "Billions" and stolen all the oil wealth from the Kurdistan citizens.   All of them need to be brought to justice and HANGED IMO. 

 

GO JUSTICE 

 

GO IRAQI CITIZENS 

 

GO PM Allawi

  • Thanks 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.