BondLady Chat – Tuesday, August 23, 2011

[MisterFizz]

BondLady Chat – Tuesday, August 23, 2011

[bondLady] Commodity prices continue to rise because of the

turmoil and confusion, the local neighborhood Tuesday, August

23 - August 2011 11:02 . Attributed specialists rise of

prices to many reasons including the additional restrictions

set by the authorities of customs on imported goods, in

addition to the turmoil in some neighboring countries, as well

as the rise of oil prices, and gold and the depreciation of

the dollar, Mtnin on the policies of the Iraqi Central Bank to

maintain the value of local currency and the re- confidence.

Experts criticized the continuation of economic policy the

country's current, describing erratic and blundering in the

absence of a clear vision, loss of government support for

industry and agriculture LAN's. and talked Statistics Central

Bank of the recent rise in inflation between the months of

February and June by 6.4% after it was 3% in the past year,

indicating that the rate of food prices, last July, recorded a

rise by 40% over the same period last year, and that the rate

of industrial materials prices have risen by 38% compared to

last year. In an interview with him said Amir Mattar,

financial intermediary and early deals on import and export,

to "the condition set by the government on goods imported"

quality certificate ", in addition to the events taking place

in some exporting countries to Iraq such as Egypt and Syria,

plus the tension on the border with Kuwait," as the leading

factor in the rising indicators of prices and inflation in the

the country.

[bondLady] and draws rain that "what we use now is our shame,

and goods entering Iraq does not meet the domestic demand,"

denying "to be unemployment and the granting of loans a major

cause of increasing the volume of inflation." and praised the

financial intermediary on the "policy of the Central Bank in

maintaining the value dollar, "returned" any rise of the

dollar moving in the high commodity, and an indication of a

serious lack of confidence in the national currency, which

will increase the risk of inflation, "he said, adding that"

the step which the Bank intends to take to raise three zeros

from the currency will improve the reputation of the dinar,

and reduce inflation, steady " . The Central Bank of Iraq

signed last June, that the volume of inflation in Iraq during

the month to 7%, while noting that high oil prices in world

markets, one of the causes of inflation in the country, he

stressed that commodity production National weak compared with

the production service, which witnessing a rise. For his part,

Majid picture, senior economist, said in an interview with

"the world", that "there is a rise in the goods of local and

global in general due to high oil prices, with the result that

rose all the raw materials and final." He adds, "as the

dollar's decline , high gold prices to unprecedented numbers

in its history, plus the natural disasters and political

events, all leading to reduced supply, and the impact on

prices. "

[bondLady] and draws an economist that "any vibration in the

security situation would certainly lead to an increase in

transport costs, it which is reflected on the price increase

as well, "he said, adding that" the greed of merchants and

exploitation of exceptional circumstances, especially in the

month of Ramadan, is one of the most important reasons for the

increase mentioned. " and carrying mock Iraqi government

responsible for rising prices and inflation "because of the

lack of clear economic policy parameters," criticized the

"confusion and random steps is studied such as imposing

customs duties, in addition to evasion of consumer protection,

and neglected domestic product, and the lack of attention to

the private sector, and the worsening electricity crisis, and

to overlook the monopoly in the import process, and rampant

corruption." and notes that "The absence of industry,

agriculture, LAN's and weaken led to the inability of Iraq to

determine prices, uncle of his ability to cover domestic

demand." He also criticized the economic expert, "the high

financial budget of 96 trillion dinars this year, to 115

trillion next year," adding that "an increase consumption e

expenditures of the state, thereby increasing demand and

rising prices. " But he also praised the role played by the

Iraqi Central Bank to "preserve the value of the dinar, and

its contribution to restore confidence to the national

currency," calling to "make way for him to fight inflation,

and solve the obstacles to policy Cash successful so far. "

[bondLady] Majid picture and unfortunately for the "waste of

the previous possibilities, with the lack of financial control

to remember, or the political will to hold negligent, in the

absence of a clear vision for the exploitation of those

resources in light of the experience of 8 years." He warned of

"continuing this policy chaotic," adding that the country is

going through "a real economic disaster, its solutions are

absent, and that what being a prosthesis only solutions." The

economic expert concluded that "Iraq needs radical solutions

are robust in the development of the private economic sector

and the public, and monitoring of the extra money for real

development, at the expense of operational spending, to reduce

the exacerbation of the error and evaluate things.

http://www.albaghdadia.com/n/economy/30887-2011-08-23-08-08-06.html

[bondLady] ok now that vie shown yall the article

[bondLady] now read the parts vie pulled out of it then we will talk a lil bit about it

[bondLady] seriously though its pretty self explanatory if you’ve been doing your own work and research

[bondLady] Experts criticized****** the continuation of

economic policy********* the country's current, describing

erratic and blundering in the absence of a clear vision, loss

of government support for industry and agriculture

LAN's.******** and talked******** Statistics Central Bank

********of the recent rise in inflation between the months of

February and June by 6.4% after it was 3% in the past year,

indicating that the rate of food prices, last July, recorded a

rise by 40% over the same period last year, and that the rate

of industrial materials prices have risen by 38% compared to

last year. In an interview with him said Amir Mattar,

financial intermediary and early deals on import and export,

to "the condition set by the government on goods imported"

quality certificate ", in addition to the events taking place

in some exporting countries to Iraq such as Egypt and Syria,

plus the tension on the border with Kuwait," as the leading

factor in the rising indicators of prices and inflation in the

country. and draws rain that *********"what we use now is our

shame,********* and goods entering Iraq does not meet the

domestic demand," denying "to be unemployment and the granting

of loans a major cause of increasing the volume of

inflation." ******* and praised the financial intermediary on

the "policy of the Central Bank********* in maintaining the

value dollar,******** "returned" any rise of the dollar moving

in the high commodity*******, and an indication********** of

a serious lack of confidence in the national currency,********

which will increase********* the risk of inflation,*********

"he said, adding that"******** the step which the Bank intends

to take********* to raise three zeros from the

currency******** will improve******* the reputation of the

dinar,******** and reduce inflation,******** steady " *******.

[bondLady] The Central Bank of Iraq********* signed last

June,********* that the volume of inflation******** in Iraq

during the month to 7%,****** while noting that high oil

prices in world markets, one of the causes of inflation in the

country,******* he stressed that commodity production National

weak compared with the production service, which witnessing a

rise. For his part, Majid picture, senior economist, said in

an interview with "the world", that "there is a rise in the

goods of local and global in general due to high oil prices,

with the result that rose all the raw materials and final."

******** the greed of merchants and exploitation of

exceptional circumstances, especially in the month of Ramadan,

is one of the most important reasons for the increase

mentioned. " and********** carrying mock******* Iraqi

government***** responsible for rising prices and

inflation******** "because of the lack of clear economic

policy parameters,"******** criticized the "confusion and

random steps is studied such as ********imposing customs

duties,******* in addition to evasion of consumer

protection,********* and neglected domestic product,**********

and the lack of attention to the private sector,******** and

the worsening electricity crisis,******** and to overlook the

monopoly***** in the import process, and rampant corruption." *******

[bondLady] and notes that ********"The absence of industry,

agriculture, LAN's and weaken led to the inability of Iraq to

determine prices,****** uncle of his ability to cover domestic

demand."*******But he also praised the role******* played by

the Iraqi Central Bank ********to ********"preserve the value

of the dinar,********* and its contribution******* to restore

confidence********* to the national currency,"*********

calling***** to******* "make way ******for him****** to

fight******* inflation,****** and solve the obstacles ******to

policy Cash******* successful so far. " ****** Majid picture

and unfortunately for the "waste of the previous

possibilities,***** with the lack of financial control to

remember,******* or the political will to hold

negligent,****** in the absence of a clear vision******** for

the exploitation of those resources in light of the experience

of 8 years."******* He warned of "continuing this policy

chaotic,"******** adding that the country is going through "a

real economic disaster,******* its solutions are absent,

*******and that what being a prosthesis only

solutions."******* The economic expert concluded that******

"Iraq needs radical solutions***** are robust in the

development****** of the private economic sector***** and the

public,****** and monitoring of the ******extra money******

for real development,****** at the expense of operational

spending,******* to reduce the exacerbation of the error and

evaluate things ***********(this is a great article as there

saying here to give shabibi the go ahead so he can begin

fixing this mess an bring confidence back to the dinar and fix

the inflation problem) love me some shababy ...BL

I have all that posted in the forum with the article btw... http://www.xxxxxxxxxx.com/t9362-commodity-prices-continue-to-rise-because-of-the-turmoil-and-confusion-the-local-neighborhood

[bondLady] see this part

[bondLady] ."*******But he also praised the role*******

played by the Iraqi Central Bank ********to ********"preserve

the value of the dinar,********* and its contribution*******

to restore confidence********* to the national

currency,"********* calling***** to******* "make way ******for

him****** to fight******* inflation,****** and solve the

obstacles ******to policy Cash*

[bondLady] see them saying

[bondLady] make way for shabibi

[bondLady] to fix all this

[bondLady] give him the go ahead

[bondLady] inflation is over 7%

[bondLady] the economy is about to implode from inflation

[bondLady] there ashamed of still having to use usd to buy things

[bondLady] as they have to use a currency that has value to it

[bondLady] as the leading factor in the rising indicators of

prices and inflation in the country. and draws rain that

*********"what we use now is our shame,********* and goods

entering Iraq does not meet the domestic demand," denying "to

be unemployment and the granting of loans a major cause of

increasing the volume of inflation." ******* and praised the

financial intermediary on the "policy of the Central

Bank********* in maintaining the value dollar,********

"returned" any rise of the dollar moving in the high

commodity*******, and an indication********** of a serious

lack of confidence in the national currency,******** which

will increase********* the risk of inflation,********* "he

said, adding that"******** the step which the Bank intends to

take********* to raise three zeros from the currency********

will improve******* the reputation of the dinar,******** and

reduce inflation,********

[bondLady] so there saying how everything has cost these poor people so much

[bondLady] and there begging the government to let shabibi do what shabibi do

[bondLady] control inflation

[bondLady] stabilize the dinar

[bondLady] give the people confidence once again in its national currency

[bondLady] But he also praised the role******* played by the

Iraqi Central Bank ********to ********"preserve the value of

the dinar,********* and its contribution******* to restore

confidence********* to the national currency,"*********

calling***** to******* "make way ******for him****** to

fight******* inflation,****** and solve the obstacles ******to

policy Cash*******

[bondLady] preserve the value of the dinar,********* and its

contribution******* to restore confidence********* to the

national currency,"********* calling***** to******* "make way

******for him****** to fight******* inflation,****** and

solve the obstacles ******to policy Cash*******

[bondLady] can’t do any of that without a rv

[bondLady] can’t curb inflation without a rv

[bondLady] cbi has done all it can at this point to stop inflation

[bondLady] without the approval from parl an the gov

[bondLady] he’s stagnant

[bondLady] an inflation is flying thru the roof

[bondLady] policy of the Central Bank********* in maintaining

the value dollar,******** "returned" any rise of the dollar

moving in the high commodity*******, and an

indication********** of a serious lack of confidence in the

national currency,******** which will increase********* the

risk of inflation,********* "he said, adding that"********

the step which the Bank intends to take********* to raise

three zeros from the currency******** will improve******* the

reputation of the dinar,******** and reduce

inflation,********

[bondLady] of a serious lack of confidence in the national

currency,******** which will increase********* the risk of

inflation,********* "he said, adding that"******** the step

which the Bank intends to take********* to raise three zeros

from the currency******** will improve******* the reputation

of the dinar,******** and reduce inflation,********

[bondLady] which will increase

[bondLady] to raise the 000

[bondLady] will improve

[bondLady] the rep of the dinar

[bondLady] anddddddddddddddddddddddddddddd

[bondLady] reduce inflation

[bondLady] only if u add value to the dinar

[bondLady] will it reduce inflation and return confidence in the dinar by the citizens

[bondLady] and it will compel them to use dinar instead of usd to buy things

[bondLady] butttttttt

[bondLady] only if there’s a new rate to it

[bondLady] if there’s not they will keep on using a currency of value

[bondLady] and defeat the purpose shabs is trying to do

[bondLady] so they have to IMO raise the rate

[bondLady] or the citizens just will not buy into the new lower denominations

[bondLady] they won’t feel like it has any value at all

[bondLady] and they need to continue to keep on dedollarizing

[bondLady] hope u all enjoyed me fav article today as I sure did it does speak volumes

[bondLady] ty all vm

[bondLady] drops the mic on smooths forehead and walks off

[campdav] The dedollarazation and the education process was back in March, ready aim fire

[bondLady] even laws had to be passed

[bondLady] slow pokes at some point just has to pass the turtle in the rabbit race

[bondLady] this is Iraq’s time

[bondLady] they go by a sand hour glass

[bondLady] so are the days of our lives

[Shelley]

Thanks for the post Misterfizz... Always look forward to BL chats, she is great at what she does to these articles !!!!!

[ngodstust2]

Thanks for the POST, interesting but I dont understand what the issue is with here and the MIC ?

[TFK]

This is a good article. It shows the economy is overheating and inflation is really starting to take it's toll. The Iraq economy will continue to suffer with with higher and higher prices on everyday goods. The Iraq economy will collapse if the dinar is not revalued soon!

It's a double whammy to them. Their dinar is way undervalued and getting worse as the USD looses it's value as well due to the world economic crisis we're all experiencing.

An RD with new notes will take way to long and not give the added punch in value that Iraqi's need right now! They need an instant shot in value, in the form of an rv to get things back on track.

I would imagine it's the much more advanced economy of the Kurd region that's hurting the most right now from inflationary pressures and an undervalued currecy!

[Carrello]

Thanks for the POST, interesting but I dont understand what the issue is with here and the MIC ?

poetic license - drama - style - It's just Bond Lady.

[Bobbydee]

The pressure is on. Thanks for the post. God Bless Semper Fi

[Caye98]

This is a good article. It shows the economy is overheating and inflation is really starting to take it's toll. The Iraq economy will continue to suffer with with higher and higher prices on everyday goods. The Iraq economy will collapse if the dinar is not revalued soon!

It's a double whammy to them. Their dinar is way undervalued and getting worse as the USD looses it's value as well due to the world economic crisis we're all experiencing.

An RD with new notes will take way to long and not give the added punch in value that Iraqi's need right now! They need an instant shot in value, in the form of an rv to get things back on track.

I would imagine it's the much more advanced economy of the Kurd region that's hurting the most right now from inflationary pressures and an undervalued currecy!

Agreed!

[Papster]

Thanks for the post Caye98............thanks bondlady if you are still around........you are quite amazing..........and you are right...... the heat is on..........they cant do anything but RV to solve this problem.........they are calling out the GOI to get this done......this is awesome.........we are almost to the finish line.........GO DINAR

[easyrider]

We are there everyone just hold tight.

[cisole]

This is a good article. It shows the economy is overheating and inflation is really starting to take it's toll. The Iraq economy will continue to suffer with with higher and higher prices on everyday goods. The Iraq economy will collapse if the dinar is not revalued soon!

It's a double whammy to them. Their dinar is way undervalued and getting worse as the USD looses it's value as well due to the world economic crisis we're all experiencing.

An RD with new notes will take way to long and not give the added punch in value that Iraqi's need right now! They need an instant shot in value, in the form of an rv to get things back on track.

I would imagine it's the much more advanced economy of the Kurd region that's hurting the most right now from inflationary pressures and an undervalued currecy!

[bsndhn]

Hi Easy,

I had a question for you and tried to send pm.

Unfortunately, it did not work/

How can I get my question to you?

bsndhn

[Rossenbos]

What's with the bloody ***** everywhere??

Are all people in Iraq named "dikc"?

[umbertino]

We are there everyone just hold tight.

I have held tight for 7 years .

[estewart]

"An RD with new notes will take way to long and not give the added punch in value that Iraqi's need right now! They need an instant shot in value, in the form of an rv to get things back on track."

Read more: http://dinarvets.com/forums/index.php?/topic/81034-bondlady-chat-%e2%80%93-tuesday-august-23-2011/#ixzz1VuKEGT8P

I will have to admit, an RD won't really do much of anything, actually, but make Dinar easier to handle, and possibly reduce reliance on the USD. Won't do much if anything to salvage or fuel the economy.

[jlopez]

Thanks bondlady I love your chats, But my question is there is no doubt in my mind that an RV will happen.. But would it happen after a LOP.. ? Thats my worry..

[RodandStaff]

I have held tight for 7 years .

Your knuckles must be white and your fingers pretty much locked in place then with this long ride!

Sounds like a volcano about to blow! Letter rip boyz!!! GO RV Already Baby!!!

[army03]

Hold on I agree, but let's not over look 2012 is getting closer also. Don't won't to sound (-), but if you think months and years you might get it sooooooner.

Go RV

Edited August 24, 2011 by army03

[cooked]

Good read BL. Seems that we keep inching(maybe that should be milimetering) closer and closer. It just gets frustrating to read a few positive articles and then read an article that seems to blow all the good seemingly accomplished right out the door. I know there is a ton of misinformation out there but I wish we could more easily weed out all the bull**** articles. Always look forward to your chats, clear and to the point. Thanks for all of the work you do.

He spills his margarita as he three puts at he sixth hole in the putt and go in the Kids r us parking lot.

Here little pink piggy piggy

[Yabadabado]

Makes Sense...Cents...