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  Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.

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Ponee
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PostSubject: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Sat Mar 25, 2017 6:35 pm

 Kaperoni  






  Article:  "Governmental directives to amend legislation in the transition to a free economy"  Quote:   "The government proceeding towards a free economy and stimulate the private sector and this trend is accompanied by procedural and legal amendments."  He added that " the General Secretariat will spare no effort to support the upgrading of Iraq on the highest indicators according to the World Bank standards." 


 We will have to watch the agenda's the next few weeks and see if parliament acts.




03.28.2017

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  Article:  "New Iraqi Finance - Beirut April 10-11."  Quote:  "IRAQ FINANCE  The Macroeconomic View- addressing challenges and opportunities CBI to discuss reforms, eliminating exchange restrictions

03.27.2017
~~~~~~~~~~~~

  Article:  "Parliamentary Finance: The existence of a currency of 150 thousand dinars so far perhaps 100 thousand"   


Quote:   "The Parliamentary Finance Committee on Saturday reiterated its rejection of a proposal to put the KD 150,000 category at the present time by the Central Bank of Iraq." 


  Not happening.  No more time for these types if schemes.  


Currency reform to remove the zeros over time and put the dinar more on par with the dollar is the plan.





~~~~~~~~~~~~~~~~~~~
Article:  "Iraq on the brink of an ambitious program looming..."   
  I am encouraged that we will see the beginnings of currency reform within the next few months.
 We can hope anyway. 


3-25-2017

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Last edited by Ponee on Tue Mar 28, 2017 1:52 pm; edited 3 times in total
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Jayzze
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PostSubject: Re: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Sat Mar 25, 2017 11:28 pm

in a few months then as you get close then another couple of months. this just shows clearly now  of them have no clue of what is really going on
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PostSubject: Re: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Sun Mar 26, 2017 1:23 am

For the 100th time, the currency reform plan is a redenomination, not revaluation. Whether it is enacted or not, there's no reason for hope of a profit.

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PostSubject: Re: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Sun Mar 26, 2017 9:58 am

Curious how anyone who has basic understanding of central planning and economics can think currency reform = RV.  Nations and central banks talk about currency reform all the time.  When mental midgets (like Daz, for example) explain currency reform to mean, "CBI turned off the money value, so they will simply flip a switch and turn it back on," people just nod in agreement because they want the economics to fit their investment narrative.  Daz makes an erroneous statement, the plebs say AMEN.

Can a central bank reinstate a rate?  Conditionally, yes they can.  Can it be reinstated after increasing M1 to 90T?  Nope.  Daz uses Kuwait as an example, and hundreds of smart people have unpacked the history and economics to show that Kuwait did not RV, nor did they print trillions before their RI.  Folks, it's been 13 years for Iraq.  They're toast, their IQD is toast, the only monetary reform at their disposal is to continue to print and/or redenominate.  But douche-nugget gurus say stuff like, "Oh, every RV has happened on a Wednesday in April,' and the crowd goes wild!

Regional conflict/war could spike oil values and theoretically 'help' Iraq.  But they're pegged to USD, and USD goes down when oil goes up.  It's a zero-sum game.  Iraq can't get out of their own way.  It's a massively corrupt gov't and country.  Kurdistan continues to threaten secession.  ISIS is still a major threat, I don't give two shits what flag flies in a city (they remain a threat because the creators of ISIS need them to remain a threat...do some research...Assange connected the dots for anyone who cares to open their eyes and research the topic).  Abadi has been rendered ineffectual.  Foreign interests continue to control Iraq.  They possess very little autonomy in legal and economic matters, they're a puppet regime.  These are facts.  IQD cannot mathematically pop in value.  It's just a fact that, 'speculative investors' need to wrap their mind around.  Nobody can get rich buying overprinted physical currency.  There's no arbitrage, and it's pegged to USD - for the millionth time, those currencies are inversely correlated, so if IQD went up a ton, USD would NEED TO tank in correlation.  Period.  THAT is 100% fact.
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PostSubject: Re: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Sun Mar 26, 2017 10:28 am

Kap needs to be in a 'reform' school-
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PostSubject: Re: Kaperoni says We will have to watch the agenda's the next few weeks and see if parliament acts.   Tue Mar 28, 2017 1:39 pm

Ponee, you have a p.m-
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