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  1. #21
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    Quote Originally Posted by BatmaninIraq View Post
    4-5-2016 Newshound Guru Kaperoni Article quote: "Great credit is due to the many aspects of the development of the Iraqi banking system and monetary policy in the current day to Dr. Shabibi..." This guy is clearly pro Shabibi and deservingly so because he was a well liked and intelligent man who accomplished quite a bit for the banking system in Iraq. I want to draw attention to the part where he raised the value of the dinar from 3000 to $1 to 1200 to $1 gradually. I believe this is the same plan for when the market economy is launched. And it did not take long for the CBI to accomplish this. The final step will be to raise the dinar from the current 1182 to $1, to 1 dinar to $1 or about removing the zeros during the process.More importantly it shows it is possible without much fanfare. Also, it is important that Iraq never suffered from hyperinflation as some have stated. This is important because that is the basis for many who believe in a LOP theory. Iraq's inflation peeked at or around 33% well below the requirement of over 50% to meet the definition of hyperinflation. These are good facts to keep in mind when we start to sway. Keep the faith, let it come to us. The dinar will rise once the new government launches to market economy.



    https://www.youtube.com/watch?v=CEgh8TUlpQc

  2. #22
    Supporter and Investor! millionairetobe71's Avatar
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    Quote Originally Posted by Will-it-happen? View Post
    Good Lord..... How many "Best of Guru Pepperoni" are we having?....Nuff of that already...........
    "We are ready for an unforeseen event that
    may or may not occur." --Al Gore, VP :swear:

  3. #23
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    6-22-2016 Newshound Guru Kaperoni Article: "Central Bank Governor "long": equality dinar dollar threatens local production and the deletion of zeros depends on stability" Quote: "*Project to delete the zeros Wayne now, why it did not apply private and it raises the value of the dinar.? - The project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses." Iraq is about as stable as it is going to get (outside of Mosul). So they should be seriously considering implication very soon. And ...those kinds of statements are in direct support of raising the value as the economy grows, investment flows, etc. Again, I believe the increase in value will be used to counter the inflationary pressure created by the influx of investment once the doors really open for investors. Time will tell, but let's hope they pass the laws we need and get the show on the road.



  4. #24
    Supporter and Investor! millionairetobe71's Avatar
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    Quote Originally Posted by batmaniniraq View Post
    6-22-2016 newshound guru kaperoni article: "central bank governor "long": Equality dinar dollar threatens local production and the deletion of zeros depends on stability" quote: "*project to delete the zeros wayne now, why it did not apply private and it raises the value of the dinar.? - the project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses." iraq is about as stable as it is going to get (outside of mosul). So they should be seriously considering implication very soon. and ...those kinds of statements are in direct support of raising the value as the economy grows, investment flows, etc. again, i believe the increase in value will be used to counter the inflationary pressure created by the influx of investment once the doors really open for investors. time will tell, but let's hope they pass the laws we need and get the show on the road.



    still messing with guru pepperoni?......... How much of guru pepperoni are we going to have?........

    Can we have just cheeze only?

    Man....by the way....what that hell a person's qualifications must be to be called "guru"?....

    Am i a guru too?....maybe i am and i didn't knew about it......

    Mtb71
    "We are ready for an unforeseen event that
    may or may not occur." --Al Gore, VP :swear:

  5. #25
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    12-21-2017 Newshound Guru Kaperoni Article: "A new term Atdoual Iraqi banks and earns "millions" during hours without paying one penny" Quote: "the daily speculation carried out by traders across the volatile instruments affect the stability of the currency rate and the size of the cash reserves of foreign currency because the bank will cover the needs of Iraq Foreign trade, but these speculators use these reserves for the purpose of profit." So they either reduce the spread to 2% or less as required by the IMF or start the currency reform and float the currency so they can eliminate the dollar auctions.

  6. #26
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    1-7-2018 Newshound Guru Kaperoni Article: "UN support .. Abadi is preparing to launch a comprehensive project for "reconciliation and Zeroing" Makes you wonder what it all entails..."the project in its final form must be completed within a short period,"...

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