jxhal Posted March 28, 2011 Report Share Posted March 28, 2011 So it looks and sounds like No RV/RI .................. Per article http://www.imf.org/E.../IRQ/030311.pdf Wow.. we are all scr_ _ed. So much for all the rumors, Confrence calls, and Facts........ Were over, 1 3 Link to comment Share on other sites More sharing options...
FlyinEagle Posted March 28, 2011 Report Share Posted March 28, 2011 link took me to the IMF site, but said page does not exist ... would have liked to read what you read ... How do I get to it? ... Thanks Link to comment Share on other sites More sharing options...
wildmountain Posted March 28, 2011 Report Share Posted March 28, 2011 The link didn't work. Link to comment Share on other sites More sharing options...
Deneco Posted March 28, 2011 Report Share Posted March 28, 2011 Same issue here...imf site but page you referenced does not exist. Link to comment Share on other sites More sharing options...
fsavahge Posted March 28, 2011 Report Share Posted March 28, 2011 The page is not found. Link to comment Share on other sites More sharing options...
onerighthand Posted March 28, 2011 Report Share Posted March 28, 2011 (edited) So it looks and sounds like No RV/RI .................. Per article http://www.imf.org/E.../IRQ/030311.pdf Wow.. we are all scr_ _ed. So much for all the rumors, Confrence calls, and Facts........ Were over, Enough crap! Who needs this sort of title for a thread? And your link is bad also. If we are abandoning this ship, then you go first and take the other life raft. I don't want your type in my life boat yelling "were doomed! were all goin to die!". Edited March 28, 2011 by onerighthand 4 Link to comment Share on other sites More sharing options...
hablrob Posted March 28, 2011 Report Share Posted March 28, 2011 try this http://www.imf.org/external/pubs/ft/scr/2011/cr1175.pdf link took me to the IMF site, but said page does not exist ... would have liked to read what you read ... How do I get to it? ... Thanks Link to comment Share on other sites More sharing options...
JuryPicker Posted March 28, 2011 Report Share Posted March 28, 2011 So it looks and sounds like No RV/RI .................. Per article http://www.imf.org/E.../IRQ/030311.pdf Wow.. we are all scr_ _ed. So much for all the rumors, Confrence calls, and Facts........ Were over, You need to sell your dinars then. You can actually make a profit. Do it 1 Link to comment Share on other sites More sharing options...
Tropics Posted March 28, 2011 Report Share Posted March 28, 2011 I agree with you onerighthand. There are so many people that have the doomsday syndrome. They must love being miserable because they take every opportunity to always point out the negative. Sell your dinars to someone that wants them and at least this issue will be over for you. Link to comment Share on other sites More sharing options...
GPCarter Posted March 28, 2011 Report Share Posted March 28, 2011 It doesn't sound good at all. I hope it is misinformation to cut down on speculation. If it is "true" then it is not good for us at all. Link to comment Share on other sites More sharing options...
jxhal Posted March 28, 2011 Author Report Share Posted March 28, 2011 http://www.imf.org/E.../IRQ/030311.pdf Sorry try the above atricle..... Sorry But No RV/RI we Lost everything Link to comment Share on other sites More sharing options...
onerighthand Posted March 28, 2011 Report Share Posted March 28, 2011 It doesn't sound good at all. I hope it is misinformation to cut down on speculation. If it is "true" then it is not good for us at all. point out some facts or paragraphs 1 Link to comment Share on other sites More sharing options...
fortytwo Posted March 28, 2011 Report Share Posted March 28, 2011 (edited) Read page 25.... There is one set (and only one set) that has zeroes in its projections. That, of course, would be the exchange rate appreciation. Obviously, these numbers were kept from being made public, do you guys agree? (same thing on page 26 as well) Edited March 28, 2011 by fortytwo Link to comment Share on other sites More sharing options...
mkolesar Posted March 28, 2011 Report Share Posted March 28, 2011 This link does not open to an article... can you find the correct link for me to read. thanks Link to comment Share on other sites More sharing options...
timborders Posted March 28, 2011 Report Share Posted March 28, 2011 Quote from earthman at PD. Good statement to the above letter. OK, so if this is true, Iraq must have abandoned their 5 year plan to rebuild the public sector and also decided against exploring the other 58% of their country for oil, huh? Oh and by the way, the General Electric's of the world and other contractors as well must have signed contracts out of the goodness of their hearts, because according to this article their not being paid. Well that's great, I bet the citizens of Iraq are gonna very pleased to know they get to boil their water, limit their electrical usage and be unemployed for the next few years. CO'MON FOLK'S.... Let's think logically here. 3 Link to comment Share on other sites More sharing options...
KramerDinar Posted March 28, 2011 Report Share Posted March 28, 2011 (edited) This is a 72 page document - perhaps you can highlight what pages you gathered this from. Let me guess - Page 10, Item #15 Edited March 28, 2011 by KramerDinar Link to comment Share on other sites More sharing options...
RVspike Posted March 28, 2011 Report Share Posted March 28, 2011 From the publication: 15. The CBI will continue to aim at keeping inflation low, predominantly by maintaining a stable exchange rate. The low level and the relative stability of inflation do not suggest any significant over- or undervaluation of the Iraqi dinar. Also, a stable exchange rate continues to provide a solid anchor for the public’s expectations in an otherwise highly uncertain environment and in an economy with a very low level of financial intermediation. Link to comment Share on other sites More sharing options...
bahtman Posted March 28, 2011 Report Share Posted March 28, 2011 http://www.imf.org/E.../IRQ/030311.pdf Sorry try the above atricle..... Sorry But No RV/RI we Lost everything jxhal, I read these documents about an hour ago. What part of them makes you so depressed? Link to comment Share on other sites More sharing options...
mygenie20 Posted March 28, 2011 Report Share Posted March 28, 2011 http://www.imf.org/external/pubs/ft/scr/2011/cr1175.pdf © 2011 International Monetary Fund March 2011 IMF Country Report No. 11/75 This is a multipage report. In reading it, my conclusion is that we are a long way off from an RV/RI You can draw your own conclusions. One encouraging paragraph is found on page 14: 24. Staff supports the CBI’s policy of managing the exchange rate of the Iraqi dinar to keep inflation low. A stable exchange rate continues to provide a solid anchor for the public’s expectations in an otherwise highly uncertain environment. Over time, rising oil revenues could put upward pressure on the real exchange rate, which would warrant allowing greater exchange rate flexibility. Staff also welcomes the authorities’ continued commitment to safeguard the independence of the CBI, which is critical for maintaining confidence in the Iraqi dinar. Would like feedback on this report: Link to comment Share on other sites More sharing options...
FOUNDIT Posted March 28, 2011 Report Share Posted March 28, 2011 From the publication: 15. The CBI will continue to aim at keeping inflation low, predominantly by maintaining a stable exchange rate. The low level and the relative stability of inflation do not suggest any significant over- or undervaluation of the Iraqi dinar. Also, a stable exchange rate continues to provide a solid anchor for the public’s expectations in an otherwise highly uncertain environment and in an economy with a very low level of financial intermediation. Oh but it dose suggest a undervalueation....the rate of inflation has more than doubled in one year...going from 2% to 5.3%.... Link to comment Share on other sites More sharing options...
billy goat Posted March 28, 2011 Report Share Posted March 28, 2011 try this http://www.imf.org/external/pubs/ft/scr/2011/cr1175.pdf A lot of meat in this link. Link to comment Share on other sites More sharing options...
jaminjimmy90 Posted March 28, 2011 Report Share Posted March 28, 2011 http://www.imf.org/E.../IRQ/030311.pdf Sorry try the above atricle..... Sorry But No RV/RI we Lost everything where does it say no rv>? they would not have printed all this money if it was to be valueless....if they are going to be the biggest financial country in the world like thwe bible says they wiill rv k. 2 Link to comment Share on other sites More sharing options...
Teresa82 Posted March 28, 2011 Report Share Posted March 28, 2011 From the publication: 15. The CBI will continue to aim at keeping inflation low, predominantly by maintaining a stable exchange rate. The low level and the relative stability of inflation do not suggest any significant over- or undervaluation of the Iraqi dinar. Also, a stable exchange rate continues to provide a solid anchor for the public’s expectations in an otherwise highly uncertain environment and in an economy with a very low level of financial intermediation. I could see why this right here would get us all ruffled! But we have also heard this before......But then again ....it has not rv'd before either Link to comment Share on other sites More sharing options...
Off-the-grid Posted March 28, 2011 Report Share Posted March 28, 2011 I scanned the 24 page document jxhal provided a link to, and did not see anything disturbing. One or two linds about keeping the exchange rate the same to provide some "certainty" for the people. The IMF document last fall says plainly that Shabibi can revalue the dinar once the GOI is set. Small denoms HAVE been printed. I think jxhal is an a-hole who thinks it is funny to mess with peoples' heads. Why else post a link to a 24 page document instead of pasting just the part he (she) found disconcerting? So no one would read the whole thing and see NOTHING about the RV!! that's why. This is way worse than posting a poor quality rumor. I ask for a moderator investigation to see if this twit should be banned. Peace and Prosperity to the rest of us. 5 3 Link to comment Share on other sites More sharing options...
JuryPicker Posted March 28, 2011 Report Share Posted March 28, 2011 You will never see a doc pointing to a RV. NEVER NEVER NEVER NEVER NEVER NEVER NEVER NEVER!!!!!!!!!!!!!!!!!!!!! Do you really think they're that damn dumb????? Please give me a break Geeeez . We are not talking about millions or billions here. Just relax and keep an eye on forex and cbi. Link to comment Share on other sites More sharing options...
Recommended Posts