Mailman -- says that A FIXED BUDGET IS WHAT IRAQ MOST LIKELY HAS TO OBTAIN

by **Ponee** Tue Sep 17, 2013 1:31 pm

9-17-2013 Newshound Guru Mailman17A FIXED BUDGET IS WHAT IRAQ MOST LIKELY HAS TO OBTAIN...BASED ON A FIXED RATE. I RESPECT THOSE WHO SUGGEST A FLOAT, BUT I STRONGLY DISAGREE THAT IRAQ WILL GO THAT ROUTE. THOSE COUNTRIES USING THE DINAR AS FOREIGN CURRENCY RESERVE, WILL NEED A STABLE RATE OF EXCHANGE TO MAINTAIN THEIR OWN BALANCE SHEETS AND THE IMF IS PROBABLY SEEING IT THAT WAY AS WELL.

THAT DOESNT MEAN THE DINAR WONT GO UP IN VALUE. WE JUST WONT SEE IT AS THE M2 WILL ALSO BE ADJUSTED MINUS THE 3 ZEROED NOTES. AND, WHEN THAT IS DONE DOWN THE ROAD, WE AS INVESTORS WILL BE A THING OF THE PAST AS THE ONLY ONES TO TAKE ADVANTAGE OF AN INCREASE PAST THE 1-1 WILL BE COUNTRIES. IRAQS M2 WILL THEN ONLY REFLECT THE NEW NOTES IN PLAY...ALL THE LARGE WILL BE A FOREGONE CONCLUSION UNLESS YOUR A COUNTRY...WHICH WE ARE NOT. AS ALWAYS...JMO