Latest topics
Dinar Guru Kaperoni --says to stop reading more into things than there is
3 posters
Page 1 of 1
Dinar Guru Kaperoni --says to stop reading more into things than there is
Guru Kaperoni
[The whole note count thing is really confusing.]
It is really very simple.
Once the dinar begins to rise, the banks will hold back the larger denominations. Specifically the 10k and 25k and what little 50k were released will be destroyed.
And when the timing is correct, a newer smaller note will come out such as 50 dinar, 20 dinar. etc.
Since the majority of the countries money supply is larger denominations, the money supply will significantly be reduced fairly quickly. The whole process will be rather seamless, that is of course if the CBI gets its wish for stability.
Article: "Iraq new 500-dinar note with Kurdish reported"
The CBI has to continually replace old notes as they wear out, whether they want to or not.
If the note is in circulation, they have to take care of it. If they didn't, citizens would lose even more confidence in the dinar and turn to the dollar. Its all part of monetary policy and do what they can to keep the citizens wanting and using the dinar which keeps demand on the dinar.
Upgrading features, specification, etc. is all part of that process.
We should not read anything more into this than that.
~~~~~~~~~~~~
Article: "Iraq develop a plan to postpone the premiums Paris Club" The worse the conditions get, the more urgent they need economic reform. And that starts with banking.
...their does not need to be some event where they reduce the money supply before raising the value. They can do it naturally. Remember back in 2004-2006 Shabibi raised the value of the dinar from about 3000 dinars to $1 to 1166 to $1 with little fanfare, inflation was reduced to less than 3% and nobody talked about the money supply or reduction of the note count. I expect when the dinar begins to rise this time, a very similar situation will occur. The banks can do it all for the CBI as the dinar gradually rises.
~~~~~~~~~~~
Iraq has no time to waste.
They need investors, and need to transition to a market economy as soon as possible to put people to work and rebuild the country.
Abadi seems to be willing to move forward as fast as possible..so let's hope the second half of 2016 is what we all been waiting for.
Article: "Parliamentary financial operations reveal a "new gimmick" to manipulate prices Dollar" They said it themselves, they are starting the market economy by self loaning them process.
All with the hope once the wheel is primed the laws will pass and the flood gates will open. "stressing that" the granting of government loans will reduce the dollar exchange rate against the dinar because it will activate the various work and production sectors..."
We have to hope this plan succeeds and over the next several months we see Iraq's economy begin to take off.
The result will be the gradual rise of the dinar!
The plan was told to us a few years ago...we just need to watch it happen.
Last edited by Ponee on Tue Jul 05, 2016 9:35 am; edited 4 times in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Dinar Guru Kaperoni --says to stop reading more into things than there is
You're a waste of time ....
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Dinar Guru Kaperoni --says to stop reading more into things than there is
"We should not read anything more into this than that."
Good advice, Kap. Now try applying that advice to the articles that say they're going to redenominate, removing three zeros and printing new currency ... etc. They're not talking about raising the intrinsic value. They're talking about replacing the IQD with a more valuable currency. A lop. Try applying that advice to the articles about floating the currency that clearly refer to a managed float of the market rate. They're not talking about putting the IQD on forex and watching the market drive the value from 1/10 of a penny to a dollar. They're talking about managing the money supply of dinar within Iraq to keep the market value near the official value. Don't read any more into it than that.
Good advice, Kap. Now try applying that advice to the articles that say they're going to redenominate, removing three zeros and printing new currency ... etc. They're not talking about raising the intrinsic value. They're talking about replacing the IQD with a more valuable currency. A lop. Try applying that advice to the articles about floating the currency that clearly refer to a managed float of the market rate. They're not talking about putting the IQD on forex and watching the market drive the value from 1/10 of a penny to a dollar. They're talking about managing the money supply of dinar within Iraq to keep the market value near the official value. Don't read any more into it than that.
*****************
Busting Gurus Since 2011
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» 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