Latest topics
Kaperoni tells everyone to Look for the budget to be approved near the end of the month.
2 posters
Page 1 of 1
Kaperoni tells everyone to Look for the budget to be approved near the end of the month.
Guru Kaperoni
Article: "The Ministry of Finance postpones cabinet discussion of the special budget session" Article link -- https://www.dinardaily.net/t39047-the-ministry-of-finance-postpones-cabinet-discussion-of-the-special-budget-session
Really IMO no surprise here. The CoM knows more than likely they couldn’t get MPs to return and get a quorum until Jan anyway. Look for the budget to be approved near the end of the month.
Article: "The Ministry of Finance postpones cabinet discussion of the special budget session" Article link -- https://www.dinardaily.net/t39047-the-ministry-of-finance-postpones-cabinet-discussion-of-the-special-budget-session
Really IMO no surprise here. The CoM knows more than likely they couldn’t get MPs to return and get a quorum until Jan anyway. Look for the budget to be approved near the end of the month.
Last edited by Ponee on Fri Dec 19, 2014 10:33 am; edited 1 time in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni tells everyone to Look for the budget to be approved near the end of the month.
12-18-2014 Newshound Guru Kaperoni Article: "Deletion of zeros in 2014 .. project is ready and implementation of a deferred..." ARTICLE LINK -- https://www.dinardaily.net/t39043-deletion-of-zeros-in-2014-project-is-ready-and-implementation-of-a-deferred
Let me just express my thoughts on this...and I am sure it get some all up in arms...I am still not 100% convinced that this delete zeros is a good thing for us. And I believe the reference (in other articles) to "monetary illusion" confirms that Shabibi may want to LOP or redenominate. Some articles even said, the people don't want this for there currency but want a strong currency that reflects the true nature of the countries wealth and investment. That being said, I think that is why they keep "kicking the can down the road" on this project. The bank may want it, but if they can get the contracts in place, the laws in place, the process can be what the IMF states "gradual appreciation based on the Balassa-Samuelson effect" rather than a redenomination (monetary illusion). ...I would rather not take the risk of what this is or isn’t. I would rather see what is correct and that is the dinar rise based on the market forces, investment, and economic growth (even if it takes 3-4 more years to achieve a good rate) than take a risk that this is some kind of reward for us.
...there is clearly two plans. It was stated so in mid to late 2012. Since, there was also subsequent confirmations from various articles and such...we can say with certainty there is..."the original plan" and the new..."gradual appreciation (float) plan." The result could very well be the same, only the method is different. No way to know for sure. That being said, I personally want to see the second plan which is to see it rise based on forces (removing the larger notes, etc. as the value increases).
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni tells everyone to Look for the budget to be approved near the end of the month.
Pushin a rock, pushin a rock, pushin a rock......
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash