CBE: criticism of fiscal policy is not acceptable

[sunsetjet]

What Does Fiat Money Mean?
Currency that a government has declared to be legal tender (could be sea shells) in this case it is (OIL)

faith is in what the value of that commodity is believed to be ($50. bl.) mid range and not far fetched.

Iraq will reach peak growth potential in the next 1.5 yrs.

Are they going to sell their country for less than .01 cent to the dollar??? I think not.

Foreign money is going to be coming in Iraq from all corners of the world in the next 16 months.

No need to worry about where what others do with their dinar.

It will all find its way home eventually, in a myriad of ways.

[sunsetjet]

P.S. If the Iraqi's are not able to sustain life, with or without dinar appreciation, guess what we all lose.

Civil uprising will not be pretty.

JMO

[Screaming Eagle]

Amazing thread!!

[4aprofit]

P.S. If the Iraqi's are not able to sustain life, with or without dinar appreciation, guess what we all lose.

Civil uprising will not be pretty.

JMO

Yes, the Iraqi people are not asleep...they see all the new building and commerce starting to take place...I'm sure they want a piece of the action...if nothing more than their currency worth something now..for purchasing power..just for the basic essentials even..They know that these world money players are'nt there for losing money...and they see them spending and trying to spend even more...more than has probably ever been spent there before...They also know that these huge notes that they are carrying around...to use for buying goods...will have to be replaced sooner or later...they know that the adjoining countries do not operate like this...they know they have the oil and many other commodities needed by the world...and without a dictatorship controlling everything...that there must be some good news coming soon....and in many ways....or I believe there would have already been an uprising by the general populance by now...Everyone must have hope....I believe that they know from what they are seeing...that their payday is near...for what it's worth!