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» Carnival Rides
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

» Go Russia
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20

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Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20 Empty Kaperoni: "They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he (frank26) just doesn't like the value LOL 8/28/20

Post by RamblerNash Sat Aug 29, 2020 7:11 pm

Kaperoni  

...guru Frank26 keeps talking about a sovereign currency, as if Iraq doesn't have one. They introduced the Iraqi dinar in 2003 they are a sovereign country with their own currency, he just doesn't like the value LOL. But 1190 is the value. There is no RV.  The Iraqi dinar is globally recognized oh, they do follow the IMF Charter. It just isn't really accepted internationally because they haven't moved the banking system from Article XIV to VIII Part of the charter of the IMF is that countries that have developing banking systems are always aspiring to engage with the world financial system and be in Article VIII.  If you read the Article IV Consultations with Iraq you will see that they have encouraged Iraq to meet the obligations of Article VIII and move to Article VIII to send a positive message  to the global investment community.

...The real problems are structurally with in Iraq. When the authorities are ready, they will move the financial system and pass the laws to encourage foreign investment. This has nothing to do with the value of the currency.  The value of the currency will be determined by the success/growth of the economy and the pressure created on the financial system as a result of significant investment...nothing is arbitrary or random in monetary policy.
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