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Kaperoni tells everyone to Look for the budget to be approved near the end of the month.

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Kaperoni tells everyone to Look for the budget to be approved near the end of the month. Empty Kaperoni tells everyone to Look for the budget to be approved near the end of the month.

Post by Ponee Fri Dec 19, 2014 10:27 am

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.


Last edited by Ponee on Fri Dec 19, 2014 10:33 am; edited 1 time in total

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Post by Ponee Fri Dec 19, 2014 10:30 am


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). 

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Post by Terbo56 Fri Dec 19, 2014 10:48 am

Pushin a rock, pushin a rock, pushin a rock......
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