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Kaperoni 6/27/18
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Kaperoni 6/27/18
I believe the CBI will leave the peg and float the currency allowing the currency to rise gradually. What that means is the value of the dinar will go up but just not overnight. I believe it could take 6 months to 2 years for it to reach parity with the dollar once it begins. Again keep in mind there's a lot of factors that play on how fast a dinar rises primarily how fast investment comes into the country. That is why it's important that the CBI properly prepare everything. Not only the banking system but the laws to support investment and having a stable investment climate
with 60-plus trillion dinar in circulation, if you're expecting any kind of overnight event you're dreaming other than a LOP...a one-to-one rate or higher then it's going to be a LOP. Moving to a float is the right thing to do and it allows the world to set the value as well as counter inflationary pressure created by investment. Such a move will not give any kind of overnight RV or RI but a gradual appreciation overtime. And we may have to wait several months or even a year or more for it to rise to a level that we all are comfortable with. Just remember monetary policy is not a random event that every action the CBI takes has a purpose
with 60-plus trillion dinar in circulation, if you're expecting any kind of overnight event you're dreaming other than a LOP...a one-to-one rate or higher then it's going to be a LOP. Moving to a float is the right thing to do and it allows the world to set the value as well as counter inflationary pressure created by investment. Such a move will not give any kind of overnight RV or RI but a gradual appreciation overtime. And we may have to wait several months or even a year or more for it to rise to a level that we all are comfortable with. Just remember monetary policy is not a random event that every action the CBI takes has a purpose
roxy22222222- GURU HUNTER
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Re: Kaperoni 6/27/18
Keep kicking the can down the road Pekaroni, you do this all the f'kn time when your info doesn't pan out- Lies, lies, and more lies- When is it going to end? We are sick of your shit and lies- Stay out of here, you have NOTHING useful for anyone to use, and you never did anyway- 6 months to two years, you said similar shit three years ago-You know NOTHING, shit for brains- Get lost, and don't f'kn come back-Go get a job cleaning bedpans, or licking toilet bowls- That's about all you are good for-
Terbo56- VIP Member
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Re: Kaperoni 6/27/18
WELL! KAP IT SEEMS YOUR INFO MAYBE WRONG,SOME PEOPLE THING YOU SHOULD LISTEN TO THIS-https://www.youtube.com/watch?v=0rEsVp5tiDQ
clyde b- Forum Fanatic
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Re: Kaperoni 6/27/18
Keep on moving those goal posts Kap ...
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