Economic Commission not to adopt the draft of the new currency provided by the Central Bank of Iraq to delete the zeros and issuing forms for the new

[wolfman]

I'm glad that some of you can decipher this crap and make it sound good, because I can't make heads or tails out of their way of wording things. Hope you are correct.

[Psych]

Would someone be willing to spell it out for us who are a few fries short of a Happy Meal? Make it like a 3rd grade level if you would...and don't say "go do your own research"...if this thing RV's straight up at a buck...I probably will have earned $4/hr for all the time I've spent reading posts and chats and Arab news articles. Thanks!

Edited December 18, 2011 by Psych

[keepmwlknfny]

Would someone be willing to spell it out for us who are a few fries short of a Happy Meal? Make it like a 3rd grade level if you would...and don't say "go do your own research"...if this thing RV's straight up at a buck...I probably will have earned $4/hr for all the time I've spent reading posts and chats and Arab news articles. Thanks!

Basically, the economic commission of Iraq is not going to stand behind Shabibis plan to lop the currency....they are against it and so is the govt of Iraq (which does have the final say) Buuuuuuutttttttt the more people and entities that do hop on the band wagon of being against Shabibis plan to lop, the better chances we have of the CBI being sent back to the drawing board to find another way to raise the value of the dinar....

[Butifldrm]

Now we need to keep our eyes on inflation. They had planned on keeping inflation at around 5% for 2012. I really don't think half the time we are seeing true numbers on this subject. JMO

Iraq inflation falls to 6.9%

By REUTERS

Published: Nov 22, 2011 12:35 Updated: Nov 22, 2011 12:35

BAGHDAD: Iraq's core annual rate of inflation fell to 6.9 percent in October from 7.3 percent in September, driven mainly by a dip in the cost of food items, a central bank official said on Tuesday.

A fall in the cost of clothes and industrial items also helped lower inflation last month, central bank Deputy Gov. Mudher Kasim told Reuters by telephone.

"It is a good decrease, the trend is declining," he said.

Core inflation excludes expenditure on fuel.

Iraq is slowly trying to rebuild as it recovers from decades of war and economic sanctions. Its economy is dominated by oil, which accounts for around 95 percent of government revenue.

Finance Minister Rafie Al-Esawi said in September Iraq aimed to keep inflation at 5 percent in 2012.

Another central bank deputy governor, Ahmed Al-Buraihi, said in June that the country's core annual inflation rate was not expected to exceed 7 percent in 2011.

[westy33567]

None of this matters, it changes with the weather - the ONLY thing that matters anymore is Adam's email. Period

Never put all your eggs in one basket. We should take all insformation and formulate a opinion. Putting your faith in one person in this investment is not a good practice. Even rumors have some small truths. I for one will never rely on just one resource. Adam, is a great resource, however he will even admit that he dosen't have all the answers.

[OregonHopeful]

If the US would stop paying for everything for their rebuilding, maybe they would see more of a need to RV to pay for things.

[lotsofdinar]

"Would someone be willing to spell it out for us who are a few fries short of a Happy Meal?"

I agree. I'm becoming very confused with the reaction to all of this bad economic news coming out of Iraq. Why do folks think this is good news for us. I've never heard of a country RVing themselves out of rising inflation before, and can't understand how that would work. It seems like RVing trillions of Dinar would simply make inflation worse.

[ToothyGrins4U]

YEPPERS!!!! This is freakin awesome news.......keep knockin that plan down and they will have to come up with another way to raise the value.....

Starting to head in the right direction....this should be pinned because this is a pivital part in our investment......just need to see more denial of Shabs plan from the govt as well!!!

Mods, PIN THIS!!!! If I can vouch for this being GREAT news then believe me this needs to be seen by everyone......

I'm no financial wizard and not an investment specialist. I came into this on a tip and ridden the coaster about a year now. I took to monitoring these sites daily and having dreams of sugar plums like so many of us. After a few very exciting periods..I learned to accept that this could go either way. With everything happening before the withdrawal of troops, all the political propaganda and now recently some things actually being effected- I am optimistically encouraged to think that this would be good news. Keep the bills you have now and just RV, no need to deal without all the complications of a LOP but rather make what you have worth more and get back into the game with a new perspective. Regardless of what anyone believes in, a common thread in any society is that you should have a way to create resources to help you achieve the lifestyle you desire. We all need something to trade with. Iraq should be ready to get back in the game and if no new currency then that sure sounds like an RV, perhaps if only temporary. My question is simply will they go big for $1.00 or more or start at .10? Either way, I will very happy to see us cross that threshold so I can get me some sugarplums. I have to admit this sounds very very good.

GO RV

[keepmwlknfny]

If the US would stop paying for everything for their rebuilding, maybe they would see more of a need to RV to pay for things.

The US actually isent paying for their reconstruction.....Iraq is paying for their own reconstruction through the sale of oil......its part of what the DFI funds have been used for...

[Carrello]

Never put all your eggs in one basket. We should take all insformation and formulate a opinion. Putting your faith in one person in this investment is not a good practice. Even rumors have some small truths. I for one will never rely on just one resource. Adam, is a great resource, however he will even admit that he dosen't have all the answers.

Touche'. My comments have nothing to do with Adam personally, but when someone says they are waiting for a text from Adam, or I am waiting for Adam to tell me, I am blown away. Are you not curious enough about a life changing event that you are invested in, to care about what is going on, who is in charge, what events are taking place, or what the time frame looks like? Your involvement is waiting for your phone to vibrate? It sounds like the brain is turned off while awaiting the buzz. Well, that is easy, it requires no responsibility, and the door is open for victimization, which is never your fault.

But to each their own, and that is what makes the world go round. If we all thought alike, what a boring place this would be.

When initiating the space program and getting to the Moon, I just wonder if President Kennedy would have waited on a text message?

Edited December 18, 2011 by Carrello

[keepmwlknfny]

"Would someone be willing to spell it out for us who are a few fries short of a Happy Meal?"

I agree. I'm becoming very confused with the reaction to all of this bad economic news coming out of Iraq. Why do folks think this is good news for us. I've never heard of a country RVing themselves out of rising inflation before, and can't understand how that would work. It seems like RVing trillions of Dinar would simply make inflation worse.

This particular article is going against Shabs plan to lop.....they dont want to adopt the draft to delete the zeros....which is very good.....your right about raising the value of the currency to fight inflation. Iraq has been using other means to control inflation like raising interest rates. And your also right that RVing trillions of dinar would make inflation astronomical.....it all has to be done a certain way to balance it all out. The best way to raise the value of the dinar without causing a hyperinflation situation would be slow and gradual....

[MrFnHappy]

Basically, the economic commission of Iraq is not going to stand behind Shabibis plan to lop the currency....they are against it and so is the govt of Iraq (which does have the final say) Buuuuuuutttttttt the more people and entities that do hop on the band wagon of being against Shabibis plan to lop, the better chances we have of the CBI being sent back to the drawing board to find another way to raise the value of the dinar....

OK, so in theory this is good news, but......I haven't read any suggestions from those that oppose the zero removal plan as to how to raise the value. Everyone seems to be assuming if they don't want an RD that they want an RV. 3rd option.......those in opposition just want to leave things "status quo", or have I missed something.

Edited December 18, 2011 by MrFnHappy

[keepmwlknfny]

OK, so in theory this is good news, but......I haven't read any suggestions from those that oppose the zero removal plan as to how to raise the value......which leads me to think those in opposition just want to leave things "status quo", or have I missed something

Yea I know what your saying, but hey its a start lol.....I think we would be seeing more suggestions or ideas coming about if and when Shabibis plan is totally shot down in parliament. I sure would rather them leave things the way they are for the meantime, then rushing into this whole lopping bit.....the longer this drags on the better chances we have.....

[George Hayduke]

This particular article is going against Shabs plan to lop.....they dont want to adopt the draft to delete the zeros....which is very good.....your right about raising the value of the currency to fight inflation. Iraq has been using other means to control inflation like raising interest rates. And your also right that RVing trillions of dinar would make inflation astronomical.....it all has to be done a certain way to balance it all out. The best way to raise the value of the dinar without causing a hyperinflation situation would be slow and gradual....

oooh... it's starting to get steamy

[Matt330]

"Would someone be willing to spell it out for us who are a few fries short of a Happy Meal?"

I agree. I'm becoming very confused with the reaction to all of this bad economic news coming out of Iraq. Why do folks think this is good news for us. I've never heard of a country RVing themselves out of rising inflation before, and can't understand how that would work. It seems like RVing trillions of Dinar would simply make inflation worse.

It's confusing because sonny and the other gurus have been telling people for two years that deleting the zeros is good and that it's already happening, and now with these articles saying that they're not approving the plan to delete the zeros, the gurus either have to flip flop and admit they were FoS before, or they have to say that this is bad news.

Look around the forum, and I think you'll see that at least 70% of people think delete the zeros means something other than what it actually means (lop).

[sunshine67]

I don't come here very often so I hope that everyone had a Merry and Blessed Christmas with their family and will have a great New Year, may 2012 be the celebrating one,

I also want to add the to me it all sounds like mambo jumbo, so I rely on the information that Adam gives out, he's the only one I trust for information.

I hope that they will decide sooner rather than later, I would love to enjoy some of that money before I die lol

All the best everyone and big THANK YOU Adam, hats off to you for all your help

[jcfrag]

The date on this piece of news says 11-17-2011

My bad....... 12-17-2011

[Mazzz27]

wow this is huuuuge

[yota691]

wow this is huuuuge

Its goes against your LOP Theroy

[marknet73]

Defintely good news! Slow and steady is the way to go at this point. Its awesome to see articles like this and that they have other options than deleting the zeros. Raising the value gradually is the way to go.

[imgesing]

YEPPERS!!!! This is freakin awesome news.......keep knockin that plan down and they will have to come up with another way to raise the value.....

Starting to head in the right direction....this should be pinned because this is a pivital part in our investment......just need to see more denial of Shabs plan from the govt as well!!!

Mods, PIN THIS!!!! If I can vouch for this being GREAT news then believe me this needs to be seen by everyone......

Are you serious? Ok. If I say Keeps likes this then it definately should be pinned for everyone to see...

What is with all the ego babble? Everyone relax and let's just try our best to keep calm... We are edging closer and no one knows the day.

Peace. And KEEP you are too funny at times.... Love it all... One drink coming up for ya brother.

[Reelemfast]

Ohhh is that Right. Tell ya what, I got a Apple plantation in Alaska, trees are fixin to bloom,

produce bushel baskets of Frozen Apples, by the truck loads. Priced to sell or give away.!!!

Come on Shabby, tell your boyfriend to PUSH THE BUTTON. go R.V.