Latest topics
Kaperoni says some believe selling these bonds is the beginning of that pressure.
Page 1 of 1
Kaperoni says some believe selling these bonds is the beginning of that pressure.
Kaperoni
We are seeing some progress...Tariffs are in effect also taxes on electric and cell phone...And the GOI gave away power today to several provinces which to me is a bigger deal. Bond sales of about 2 trillion dinar start locally, not internationally as some reported.
[You still believe we wont be in the .70 or .90 range in the next year or 2?] yes...maybe a dime by early 2017...all depends on how the economy grows and if parliament passes laws...you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around. If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise...the counter to inflationary pressure is to raise the rate of the dinar...the more pressure, the more the cbi will raise it. When and how fast is relative to that event.
[if Iraq goes asset backed they'd literally be the wealthiest country in the world imo...with very little debt overnight...which imo would take it over 10 cents..basel 3 assets.]
it could...we can hope so...some believe selling these bonds is the beginning of that pressure. A kick start of sorts reducing the money supply creating demand for the dinar.
I am not so sure. But if so, then they expect the laws to pass in short order and investors to come thereafter contributing to the pressure. One thing is for sure, it appears we will see if the transition to a market economy is going to take off or not over the next few months...And that is something to look forward to watching.
[...the next few weeks "should be" a barn burner.] Well I am not as optimistic to say "weeks" but nothing wrong with that.
I do not believe there is any relation between the 1095 rate and the official CBI rate of 1166. All these bonds are doing at 1095 is building in the return (interest). Just like a US savings bond does (you pay $10, and in 20 years its worth $25). As for the Tariffs, often a supplier and retailer will absorb the tariff (slight reduction in profit) so the consumer may not be impacted at all. We will have to wait and see if the additional cost changes trickle down or now. Implementation of these certainly does not mandate a RV...
We are seeing some progress...Tariffs are in effect also taxes on electric and cell phone...And the GOI gave away power today to several provinces which to me is a bigger deal. Bond sales of about 2 trillion dinar start locally, not internationally as some reported.
[You still believe we wont be in the .70 or .90 range in the next year or 2?] yes...maybe a dime by early 2017...all depends on how the economy grows and if parliament passes laws...you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around. If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise...the counter to inflationary pressure is to raise the rate of the dinar...the more pressure, the more the cbi will raise it. When and how fast is relative to that event.
[if Iraq goes asset backed they'd literally be the wealthiest country in the world imo...with very little debt overnight...which imo would take it over 10 cents..basel 3 assets.]
it could...we can hope so...some believe selling these bonds is the beginning of that pressure. A kick start of sorts reducing the money supply creating demand for the dinar.
I am not so sure. But if so, then they expect the laws to pass in short order and investors to come thereafter contributing to the pressure. One thing is for sure, it appears we will see if the transition to a market economy is going to take off or not over the next few months...And that is something to look forward to watching.
[...the next few weeks "should be" a barn burner.] Well I am not as optimistic to say "weeks" but nothing wrong with that.
I do not believe there is any relation between the 1095 rate and the official CBI rate of 1166. All these bonds are doing at 1095 is building in the return (interest). Just like a US savings bond does (you pay $10, and in 20 years its worth $25). As for the Tariffs, often a supplier and retailer will absorb the tariff (slight reduction in profit) so the consumer may not be impacted at all. We will have to wait and see if the additional cost changes trickle down or now. Implementation of these certainly does not mandate a RV...
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
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