Iraqi citizens and hammer monetary policy ... Challenges low dinar exchange rate against the greenback
The first part Prof. Dr. Jawad Kazem Al-Bakri
Babylon University-Faculty of management and Economics
Monetary policy is one of the most important areas of economic policy, it means money relationship with economic activity on the one hand, and the monetary stability of the appropriate climate for economic activity to members of the community on the other.
To read full article and earlier discussion please follow LINK
Kaperoni: I am very optimistic because so much is at risk. That is all we have to weigh. The "for" and "against." And there is so much "for" this investment. From smart cards, to the ISX, and privatization of companies, etc. The ball is rolling down hill and gathering speed.
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Kaperoni Continues: That is what we should be thankful for. The against, is one man and his antics to stop progress until he gets what he wants. (I believe he wants UN Chapter 7). If this is correct, we may have to wait a few more months than we would like, but the end result is the same. It will happen.
As for the agreement with the Facilitator, contract, etc. I believe the information is accurate. No company would prepare, build and get ready for this event unless they had some legal agreements to support the expense. Just because we are not talking about it, does not mean it is not real, or ready for implementation. Delays are part of this no doubt, we just have to wait and let it come to us.
Tlar: I invested in the Iraqi dinar because I felt that it is a good long term bet. Iraq has the best potential of any currency play available at the time I invested and today, it still is. Any long term investment has an element of risk associated with it.
The higher the risk it should yield, the greater the reward. Although we all hoped it would be over quickly, it has not happened. Iraq is a country with real people trying to get their act together.
We all can find fault with this pieces of this puzzle as we watch it slowly morph from what we thought it was to what it is today. I can assure that what it is today will not be what it becomes tomorrow.
Iraq, as America did in the founder days, has to walk through fire. We witness struggles in the Iraqi newspapers daily and we tend sometimes to be to close to what's going on.
If we wish to be a witness to the day today action in Iraq and take on the frustrations of it's people, then we must become strong enough not to invest our emotions with our money. Iraq will come of age.
When is a crap shoot, but with the resources they possess and the growing demand in the world, I can assure you that they will be together and at some point they will be democratic. Why am I so sure, because the world will step in and make it so if necessary.
The world must have Iraqi oil for energy to remain cheap for the next generation.
They must be a democratic society, playing on the side of civilized nations, so as to provide a dependable, predictable supply of oil. So as we watch, probably to closely, the day to day things going on in Iraq, set your mind to the real fact that it could be a lot longer and it most likely will change again.
We all have hopium as Joeg likes to call. So be a witness if you want to but don't hold anyone accountable for what they think might happen. As long as they too are a student of this game IMHO they too are entitled to come to their own conclusions right or wrong.
As Joeg said, "there are no Gurus" or special high up contacts with which they are confided in. There is only the news that comes out daily. I hope this does not sound like anything more than respect because, I respect Kap. I believe he is one of if not the best informed student on the internet when it comes to dinar.
Does this always make him right? My answer would be yes until this is over and only if it turns out he was not. I have followed this investment now for 5 years. I have been a member of other sites.
I would not be on this site if it was not an honest and open exploration for truth. So before anyone gets discouraged enough to take a shot at anyone else on this site, stop and take a minute. Think about what you are about to say and realize, you may be further along the road with knowledge, but none of us have a lock on where this will end up.
I'll get of my soap box now. One more thing. Each of you brings something special to all us, and your thoughts and participation is appreciated by most of us, especially me. I learn something new every time I come on the site. Thanks Kap, Bob and thanks DA.