truthful1 Posted December 30, 2011 Report Share Posted December 30, 2011 (edited) Nm Edited December 30, 2011 by truthful1 1 Link to comment Share on other sites More sharing options...
onerighthand Posted December 30, 2011 Report Share Posted December 30, 2011 Nice try, but this was posted yesterday Somebody tell me what I did wrong and why I am being negged 2 1 Link to comment Share on other sites More sharing options...
truthful1 Posted December 30, 2011 Report Share Posted December 30, 2011 (edited) Somebody tell me what I did wrong and why I am being negged Nm Edited December 30, 2011 by truthful1 1 1 Link to comment Share on other sites More sharing options...
Stryker365 Posted December 30, 2011 Report Share Posted December 30, 2011 Thats great news Stryker. Thanks Zig, the wife is happy for me too....I'll be out of her hair starting next week... Link to comment Share on other sites More sharing options...
genevieve Posted December 30, 2011 Report Share Posted December 30, 2011 (edited) This one is too easy. Learn from the past. It's pumper season. The CBI miscalculated on the GOI spending. I'll take a declassified letter over an OpEd. Move down to number 7. 7. (SBU) Another factor is that last year there was a substantial appreciation of the dinar against the dollar between November and the end of December, and money traders could be expecting this to happen again. A December 10 CBI press release announcing the withdrawal of the three lowest dinar denominated coins (dinar 25, 50, and 100) also could have further spurred speculation. Iraqi markets are not efficient or well integrated and prices are not well arbitraged--this means rumors can have big effects temporarily. http://dazzlepod.com/cable/07BAGHDAD4058/?q=Iraqi%20dinar 1. © SUMMARY: Demand for the dinar has risen this past week in response to the holiday period, a reported drop in imported good prices in Baghdad due to an appreciating dinar against the dollar and improved security, and speculation among money traders of a sudden appreciation of the dinar that occurred around this time last year. How the Central Bank of Iraq (CBI) handles growing demand for the dinar will be critical, especially in terms of expectations management and injecting dinar liquidity into the market This is an encouraging development for Iraq and reflects a vote of confidence by Iraqis in their domestic economy and the government's monetary policies. END SUMMARY. Edited December 30, 2011 by genevieve 1 Link to comment Share on other sites More sharing options...
fnbplanet Posted December 30, 2011 Report Share Posted December 30, 2011 This one is too easy. Learn from the past. It's pumper season. The CBI miscalculated on the GOI spending. I'll take a declassified letter over an OpEd. Move down to number 7. 7. (SBU) Another factor is that last year there was a substantial appreciation of the dinar against the dollar between November and the end of December, and money traders could be expecting this to happen again. A December 10 CBI press release announcing the withdrawal of the three lowest dinar denominated coins (dinar 25, 50, and 100) also could have further spurred speculation. Iraqi markets are not efficient or well integrated and prices are not well arbitraged--this means rumors can have big effects temporarily. Just to clarify to anyone joining in late, the above article is from 2007. Link to comment Share on other sites More sharing options...
genevieve Posted December 30, 2011 Report Share Posted December 30, 2011 (edited) Just to clarify to anyone joining in late, the above article is from 2007. Well yeah (hence "learn from the past"), but it explains the mechanism of what the CBI must do to control inflation. Sorry I wasn't more clear. BTW, it isn't an article it's a declassified doc to the US, not an article from a site that pumps dinar sales. FM AMEMBASSY BAGHDAD TO RUEHC/SECSTATE WASHDC 4835 INFO RUCNRAQ/IRAQ COLLECTIVE C O N F I D E N T I A L SECTION 01 OF 02 BAGHDAD 004058 Edited December 30, 2011 by genevieve 1 Link to comment Share on other sites More sharing options...
Carrello Posted December 30, 2011 Report Share Posted December 30, 2011 I'll jump in here unirod and wish Nehal a prosperous, healthy and Happy New Year, the same goes for you, Aqua and the rest of the DV folks I just picked me up a new gig (job to those younger folks out there) yesterday so our up coming New Year is already started better then it was yesterday!. Stryker, great news! I am glad for you. Is it anything that goes fast? You know me, I am such a sucker. Link to comment Share on other sites More sharing options...
fnbplanet Posted December 30, 2011 Report Share Posted December 30, 2011 I'm with you on that - really. Just didn't want someone (like me - I'm a geek) who's watching this topic to come on an just read the most recent post and wonder what the heck is goin' on - that's all. Link to comment Share on other sites More sharing options...
genevieve Posted December 30, 2011 Report Share Posted December 30, 2011 I'm with you on that - really. Just didn't want someone (like me - I'm a geek) who's watching this topic to come on an just read the most recent post and wonder what the heck is goin' on - that's all. No biggie, just love sharing. happy New Year. Link to comment Share on other sites More sharing options...
Carrello Posted December 30, 2011 Report Share Posted December 30, 2011 Well yeah (hence "learn from the past"), but it explains the mechanism of what the CBI must do to control inflation. Sorry I wasn't more clear. BTW, it isn't an article it's a declassified doc to the US, not an article from a site that pumps dinar sales. FM AMEMBASSY BAGHDAD TO RUEHC/SECSTATE WASHDC 4835 INFO RUCNRAQ/IRAQ COLLECTIVE C O N F I D E N T I A L SECTION 01 OF 02 BAGHDAD 004058 Genevieve, that is impressive. Good move and fast. Good for Oregon too, for calling it out. Girl Power. Awesome. 1 Link to comment Share on other sites More sharing options...
yota691 Posted December 30, 2011 Author Report Share Posted December 30, 2011 I'll jump in here unirod and wish Nehal a prosperous, healthy and Happy New Year, the same goes for you, Aqua and the rest of the DV folks I just picked me up a new gig (job to those younger folks out there) yesterday so our up coming New Year is already started better then it was yesterday!. Good Job sir, amazing some folks can't find a job an your at in two days an already back at it . Good Job sir again Link to comment Share on other sites More sharing options...
Stryker365 Posted December 30, 2011 Report Share Posted December 30, 2011 Stryker, great news! I am glad for you. Is it anything that goes fast? You know me, I am such a sucker. Thanks Carrello, no not fast but it will enable be to keep some of my fast cars, what I have left anyway. Good Job sir, amazing some folks can't find a job an your at in two days an already back at it . Good Job sir again Thanks yota, well let me put it this way, its nice to know a lot of people and the right ones. I don't want to take anything away from those that are still looking because I feel very lucky that I just have someone that thinks I still have some life left in me, boy I got him fooled,.... . Link to comment Share on other sites More sharing options...
Butifldrm Posted December 30, 2011 Report Share Posted December 30, 2011 Shoot fire. I'll take 1.00-2.47, as the inflation controlling exchange rate. No problem. Goooooo RV. Link to comment Share on other sites More sharing options...
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