Budget revealing the rate?
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Budget revealing the rate?
So i was looking at articles last night. One says the budget is 108 trillion dinar. the next article i saw said 23 percent of the budget is going to the security file they mentioned that this equals 100 billion u.s. So I have done the math a number of times correct me if Im wrong. This would make the entire budget around 485 billion dollars. That should equal around 485 trillion dinars. Looks to me like there is some real value in the dinar now. We will see if this is going to hit. Personally after being in this for 7 years Ive seen a lot of pumping so Ive learned what to look for. I think this is it!!!
great199- Guest
Re: Budget revealing the rate?
Time will tell and we all want this so bad except the Nay Sayers lol
RoyBoy- VIP Member
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Re: Budget revealing the rate?
I think this is IT too and the rate is in the budget
I can't calculate the money anymore too many zeros, just tell me 


Guest- Guest
Re: Budget revealing the rate?
I really do not see the rate in the budget, this last year I thought that 2014 was pertaining .86 cent in the budget but that never came to light. We read way to much when they talk about their budget JMO
RoyBoy- VIP Member
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Re: Budget revealing the rate?
yeah roy i have never seen the rate in the budget before. I still havent seen the budget but if the info in the 2 separate articles is right those numbers dont add up. We just wait and see. Just thought Id share what I saw. Ive waited 7 years I can wait a little longer.
great199- Guest
Re: Budget revealing the rate?
great199 We can do nothing but let it come to us or our kids or grandkids ;-)
RoyBoy- VIP Member
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Re: Budget revealing the rate?
All we can do is wait and see what the magician pull out of the hat. Been in this for a few years and I can say there is no way Iraq could have rv'd prior to June 2014. Right now with Abadi and new admin, hopefully we can see the light at the end of the tunnel sooner than later. RV is like a big puzzle. With every news, it's another piece to fit in the board.
400 laws in basket to be voted, my guess is they have reviewed the laws and it's a matter of voting them.. otherwise obamacare will repeat itself in Iraq which I don't think it's going to happen.
Budget is read once and Abadi going to attend the parliament meeting for budget is huge.
I think we will hear something but don't know if it rv's but whatever it is, we are one step closer than ever
400 laws in basket to be voted, my guess is they have reviewed the laws and it's a matter of voting them.. otherwise obamacare will repeat itself in Iraq which I don't think it's going to happen.
Budget is read once and Abadi going to attend the parliament meeting for budget is huge.
I think we will hear something but don't know if it rv's but whatever it is, we are one step closer than ever

Guest- Guest
Re: Budget revealing the rate?
Keep in mind this is the country where they publish an article stating that they will not take a break until the budget is passed and one saying that the budget will not be passed until 2015 after the break on the same news site. I have not seen both articles, but I will not get excited until I see the change.
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Kevind53- Super Moderator
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Re: Budget revealing the rate?
Kevin 
Who says I am excited
Iraq is Iraq.. don't we all learn from them.. unless it is on ink, it won't matter much
For all the things, this rv could still be a few years down the road or it can take us all by surprise, depends on how they are going to play it

Who says I am excited


Guest- Guest
Re: Budget revealing the rate?
I have only sen the one actual article. Allusions to the second, but I have not seen it yet.
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Kevind53- Super Moderator
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Re: Budget revealing the rate?
The math appears a bit tortured to me, but hey I suck at mathematics.
I grow concerned when I hear of conversion rates supposedly in budgets. In my small little world the budget would be in dinar. And a dinar is a dinar. It may increase in international value somehow or become inflated through natural processes, but a dinar is a dinar.
To be otherwise would have the dinar be subordinated to another currency. i.e. the Euro coded dinar. The dollar valued dinar. The yuan influenced dinar. Sorry. A dinar is a dinar. In Panama where I believe the currency IS the US dollar, it makes sense that the budget would be influenced and tied to dollar. But Iraq? Not really buying it.
Last I checked, I don't get paid in the Russian ruble equivalent of US Dollars.
I grow concerned when I hear of conversion rates supposedly in budgets. In my small little world the budget would be in dinar. And a dinar is a dinar. It may increase in international value somehow or become inflated through natural processes, but a dinar is a dinar.
To be otherwise would have the dinar be subordinated to another currency. i.e. the Euro coded dinar. The dollar valued dinar. The yuan influenced dinar. Sorry. A dinar is a dinar. In Panama where I believe the currency IS the US dollar, it makes sense that the budget would be influenced and tied to dollar. But Iraq? Not really buying it.
Last I checked, I don't get paid in the Russian ruble equivalent of US Dollars.
Cascadian- VIP Member
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Re: Budget revealing the rate?
Exactly
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Kevind53- Super Moderator
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Re: Budget revealing the rate?
@great199 wrote:So i was looking at articles last night. One says the budget is 108 trillion dinar. the next article i saw said 23 percent of the budget is going to the security file they mentioned that this equals 100 billion u.s. So I have done the math a number of times correct me if Im wrong. This would make the entire budget around 485 billion dollars. That should equal around 485 trillion dinars. Looks to me like there is some real value in the dinar now. We will see if this is going to hit. Personally after being in this for 7 years Ive seen a lot of pumping so Ive learned what to look for. I think this is it!!!
Im not sure where you got the numbers to do the "math" based off this paragraph it says of the TOTAL budget a percent of it will goto security sooo im not sure how you got that number but the article released as well that the budget is 108 trillion for 2015
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The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light. But if thine eye be evil, thy whole body shall be full of darkness. If therefore the light that is in thee be darkness, how great is that darkness!"
Re: Budget revealing the rate?
I'll say this one last time- When and if this happens, the rate will be anywhere from a dollar, to a $1.16, just to start out, and IF it goes a little higher, praise be to the man upstairs, and if it doesn't,it wasn't meant to be- Just take what y'all get and be likin' it-
Terbo56- VIP Member
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Re: Budget revealing the rate?
terbo at one time i would agree with you but with the fighting of the isis and huge drop of oil prices you will probably see half that amount to start provided they are allowed to rv
Jayzze- VIP Member
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Re: Budget revealing the rate?
Come on just "Show us the Money"!!!! Enough playing around!!!!









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Horizon- Super Moderator
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Re: Budget revealing the rate?
Jayzze, I see your point, and, I, for one, understand the complications, and the implications of coming out too high to start with, and there are many things to consider before the RV/RD/RI can take place, and, Maliki is one of them- When he is totally out of the picture, and what power he has left is gone, we will then be in great shape to see our blessing-
Terbo56- VIP Member
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Re: Budget revealing the rate?
terbo as you well know like a spider weaving its net the same will apply to m and his buddies real soon and they do not know it
Jayzze- VIP Member
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Re: Budget revealing the rate?
That's right, uh huh, that's right-He'll be like a bagel in a small house fire- TOAST!!
Terbo56- VIP Member
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Re: Budget revealing the rate?
btw i am hoping to accquire the rights to m hanging live
Jayzze- VIP Member
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Re: Budget revealing the rate?
Keep a few tickets to that event, I'll buy a few, I'll pay good $$$$$ for them-
Terbo56- VIP Member
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Re: Budget revealing the rate?
terbo for you its on the house just bring the brew
Jayzze- VIP Member
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Re: Budget revealing the rate?
What about the weight of the friggin' truck? I'll buy it if they will transport it-
Terbo56- VIP Member
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Re: Budget revealing the rate?
@terbo56 wrote:I'll say this one last time- When and if this happens, the rate will be anywhere from a dollar, to a $1.16, just to start out, and IF it goes a little higher, praise be to the man upstairs, and if it doesn't,it wasn't meant to be- Just take what y'all get and be likin' it-
This would make Iraq's currency worth more than the rest of the worlds put together. Why would that happen?
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
You are forgetting the oil, and the taxes to be pulled out of this- You may want to read the history of Iraq- Just don't doubt what I say,as I'm not the only one that knows that- Our dollar is only worth about 85 cents, maybe less than that- Think about that for a second or two-Even Al-Sinan Shabibi said the dinar would be the worlds strongest currency- So tell him he's wrong-
Terbo56- VIP Member
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Re: Budget revealing the rate?
@terbo56 wrote:You are forgetting the oil, and the taxes to be pulled out of this-
No. Iraq pumps around 200 billion a year in oil. (probably far less now, oil prices have plummeted). That ranks them somewhere around the 50th or 60th largest economy in the world. Why would the 50th largest economy in the world have more currency than the rest of the planet put together? Seriously. Why?
And taxes is just a joke. So they pay out a trillion dollars for the hyperinflated currency of a third world toilet and get 350 billion back in taxes? How is that a winning situation? They just lost 600 billion dollars.
You may want to read the history of Iraq- Just don't doubt what I say,as I'm not the only one that knows that- Our dollar is only worth about 85 cents, maybe less than that- Think about that for a second or two-
Completely irrelevant.
Even Al-Sinan Shabibi said the dinar would be the worlds strongest currency- So tell him he's wrong-
The guy that no longer works for the CBI? If the chairman of the fed told you something would you believe it 100%? Plus strongest doesn't equal most value. A strong currency is a stable currency that's able to weather problems and financial storms, whether it's worth 0.001 or 1.00.
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
I guess if you seem to know so much about this investment, maybe you can tell us when we will get an RV, then, huh? Shabibi is still there- Maliki put him in prison to get him out of the way so he could finish taking all the money, just like Obama is doing to the people of the united states- Same thing-
Terbo56- VIP Member
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Re: Budget revealing the rate?
@terbo56 wrote:I guess if you seem to know so much about this investment, maybe you can tell us when we will get an RV, then, huh?
Lol, I thought I made it clear: never. There's no reason there'd ever be a significant revaluation of the dinar on the order that dinar investors expect. It's worth what it's worth because they printed trillions of it, no different than any other hyperinflated currency.
The total amount of dinar RIGHT NOW is worth MORE than what it was when it was worth 3 bucks each. That is a fact. The dinar isn't undervalued. Its value is just spread amongst 3,000 times as many dinar.
The notion that Iraqs currency would be worth more than the rest of the worlds put together is absurd. Your "but Iraq has oil" and "the CBI mouthpiece said so" arguments hold no water.
You look at how much they've printed and you compare it to the M2s of neighboring or similar countries and it becomes immediately obvious that the currency value of the dinar is correct.
Iraq is a war torn third world toilet with virtually no infrastructure, one of the least diverse economies on the planet, a hyperinflated currency, a violent populace, and a government that can never get anything done due to massive corruption, and you expect their currency to be worth more than the rest of the worlds put together? How can you even say that with a straight face? Totally insane.
AAPL has about 5 billion shares worth a total of around 700 billion dollars. If AAPL issued 5 trillion MORE shares, the value of each share would plummet from 100 bucks to 10 cents, but the total value of the company would stay around 700 billion dollars. That's what Iraq did except they didn't do it by issuing stock shares, they did it by printing tens of trillions of dinar. Now you expect the dinar to practically go right back to where it was, which is the same as expecting AAPL stock to go back to where it was, which would make AAPL, instead of being worth 700 billion, worth 700 TRILLION, which is more money than exists on the planet. I.e. it can't happen. Just like your RV can't happen. Neither makes any sense whatsoever. Iraq can't have 75 trillion in currency value. They can't have 7.5 trillion in currency value. They can't even have 750 billion in currency value (that would be a 1 cent RV, which will also never happen). There's no reason they could. Their oil, economy, demand, population, etc, will not allow that amount of currency to exist. Simple supply and demand and basic economics and math.
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
Wow-But you, like the rest of us bought dinar, right? Why did you if you never thought this was going to happen? Sounds contradictory to me, but I have heard stranger things in my lifetime-
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Re: Budget revealing the rate?
@terbo56 wrote:Wow-But you, like the rest of us bought dinar, right? Why did you if you never thought this was going to happen? Sounds contradictory to me, but I have heard stranger things in my lifetime-
I know this was not pointed to me but just for the record I bought dinars be for it was cool

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Re: Budget revealing the rate?
So, I'm thinkin you ain't here for the coffee and doughnuts?




Terbo56- VIP Member
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Re: Budget revealing the rate?
@terbo56 wrote:Wow-But you, like the rest of us bought dinar, right? Why did you if you never thought this was going to happen? Sounds contradictory to me, but I have heard stranger things in my lifetime-
Typical response from someone that doesn't want to look at or think about the facts. What difference does it make whether or not I ever bought dinar if what I say is the truth? You think everyone that gets into an investment sticks with it forever? Never gets new information and changes their minds and drops the investment?
MANY dinarians jumped into the "investment" without doing any research because they were falsely told that it was going to happen any second and they better act fast. You think none of those people later did some research, realized it's a scam/lie/bad investment, and then got out? What, exactly, is contradictory about that?
Who says I ever bought dinar? What if I heard about this amazing investment opportunity, did some research, realized it was all total BS designed to enrich dinar dealers and con artists like Tony, and then decided to do what I could to keep more people from getting hurt by it? Anything contradictory about that? You realize there are entire websites with thousands of members and millions of posts, all dedicated towards debunking scams in order to try and stop criminals from preying on the gullible, right? Why would you be surprised to find a few people trying to tell the truth about the dinar amidst the thousands that are lying about it, or repeating lies told to them by the criminal gurus?
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
I'm sorry you feel that way- I guess we all can 't be as smart as you, are, right? It is still no reason to talk to or treat people that way-
Terbo56- VIP Member
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Re: Budget revealing the rate?
FS4Enthusiast, If your so darn smart, why are you even wasting your time trying to teach some of us old dogs new tricks. We blew some money and if it pans out in our favor , great , if not shame on us. Normally we have a good time on this site, you bash any one you can. Go bash a site that needs your help , TNT Tony
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Royboy, thanks for that- If I was still an administrator here on this site, he'd be long gone, just like other people that enjoyed running others into the ground-Apparently he was taken from his mother too soon- I have no use for assholes like that whatsoever- Thanks again-
Terbo56- VIP Member
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Re: Budget revealing the rate?
@terbo56 wrote:Royboy, thanks for that- If I was still an administrator here on this site, he'd be long gone, just like other people that enjoyed running others into the ground-Apparently he was taken from his mother too soon- I have no use for assholes like that whatsoever- Thanks again-
Maybe you'd be happier at Tony's site, where he bans anyone that tells the truth like you're proposing to do.
Funny how you say I'm treating people bad but you're the one name calling and using profanity.
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
@royboy wrote:FS4Enthusiast, If your so darn smart, why are you even wasting your time trying to teach some of us old dogs new tricks. We blew some money and if it pans out in our favor , great , if not shame on us. Normally we have a good time on this site, you bash any one you can. Go bash a site that needs your help , TNT Tony
So, because you don't want to listen to the truth because you're an "old dog" you'd prefer it if a newbie stumbles onto the site and only reads lies and misunderstandings and ends up getting scammed out of money because of it?
Why are you so opposed to someone actually telling the truth? You don't like it, don't read my posts.
FS4Enthusiast- VIP Member
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Re: Budget revealing the rate?
Don't post anymore, then- Get out of here-
Terbo56- VIP Member
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Re: Budget revealing the rate?
FS4Enthusiast I read news and have my research I rely on , I have seen people like you come and go in the wind. Respect this site or leave, respect the members on this site or leave. There are members of this site you just try to raise trouble with. I do not agree with every ones opinions but I still give the respect of there views . What your views are may or may not be the truth. I have been in this for 6-7 years , I have not made what I would like but what I paid 6-7 years ago I can turn in and not loose 1 penny even reselling it back to a broker. So where is the scam? I invested in a currency, I did so thinking may-be I would turn it over to my kids or grand kids, I have not lost one red cent and even have made a little. Your the one that needs to do research more and have all the facts not just some that fits your liking
RoyBoy- VIP Member
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Re: Budget revealing the rate?
Well said, Royboy- I bought some on the hunch that I could at least make out ok- My house needs work, and my wife needs a better car, and some people can't see that far ahead- All I was wanting to do was try it and see what happened, right?
Terbo56- VIP Member
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Re: Budget revealing the rate?
well enthusiast if you think its a scam then sell what you have and you will not have to complain for your info i paid under 500 a mil way back and can sell to a broker for over 800. i realize this is a free site and anyone can say anything. it would be nice if some of the people on here actually did some research and that does not include the rubbish on most of the forums and they might find some real facts and truly understand what is happening instead of running your beak like you are a harvard professor
Jayzze- VIP Member
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Re: Budget revealing the rate?
Gotta drink to that- You said Harvard professor- Crack me up!!!!
Terbo56- VIP Member
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Re: Budget revealing the rate?
terbo; This is jmo, I will never regret buying into this, normally age has it's rewards of a little more wisdom the older we get. The last few mouths Iraq's new govt. has rocked with advancement of trying to get back on their feet from a long war torn country. They have the oil, they have rich minerals in the ground waiting to be dug up, they have rich farm ground for that regain to be brought back to harvest the bounty, even dairy. Last year I had to go to Turkey for my work, I talked to some very smart cookies over there, even these business men then was trying to get set up over there with land contracts to set up dairy's and irrigation rights and farming rights. When I asked about currency reform, at that time Maliki was in charge and they told me not until Iraq had a different govt. , Guess what , Iraq has that new govt now that is moving at lighting speed compared to what I'm used to . So Terbo , we are sitting in a good place imo ;-)
RoyBoy- VIP Member
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Re: Budget revealing the rate?
Jayzee; LMAO good one
RoyBoy- VIP Member
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Re: Budget revealing the rate?
Royboy, I am totally on board with you, and I too, will never regret doing this- I cashed in what I had earlier on to pay some bills, but just recently re-upped little better than what I had to begin with, so I will do alright when and if this comes down the pike- See, people like that come on here and spout off like a friggin Einstein, don't know half of what they think they do- I appreciate you thoughts, honesty, and input-Thanks alot!!
Terbo56- VIP Member
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Re: Budget revealing the rate?
royboy all i will say is you will be smiling in the near future. since abadi took over a short time ago iraq has advanced so much and will continue. as far as m goes his buddies are being removed from there jobs and they will all meet a special quest mr hangman
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Re: Budget revealing the rate?
Jndeed, Jayzze, indeed-
Terbo56- VIP Member
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Re: Budget revealing the rate?
terbo here is a little tease. iraq needs mony and oil dropped. why are they going to start raising the tarriffs on a tenth of a sent the people will riot hint hint
Jayzze- VIP Member
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Re: Budget revealing the rate?
Good point, I have a friend in Pakistan that even told me 4-5 years ago, have patience , you have good insight for Iraq, he even went out and bought the new dinar as he calls it after he talked with me. Let me tell you one thing about Naveed, he is tighter than bark on a tree and told me this money he makes will get his kids to college in the US. lol
RoyBoy- VIP Member
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Re: Budget revealing the rate?
i will happen as sure as i rolled my bike in a cornfield in neb drunk
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» Economist: Popular movement to promote local industry is a step towards market economy
» Masrour Barzani: We are ready to continue our positive role for a stable Iraq
» The Ambassador of the Republic of Iraq to Brussels receives a delegation from the European Investment Bank
» The Legal Committee discusses the Independent High Electoral Commission Act
» Services and Reconstruction Committee discusses the project of suspension train in Baghdad
» Re-leave the generosity of friends