9:33 AM [sonny1] morning all
9:34 AM [sonny1] few things today
9:34 AM [Yrral] How is this good for us?
9:34 AM [sonny1] first it looks like iraqs auctions have dried up the circulated dinar to 4 trillion only
9:35 AM [sonny1] i cant cut and paste, but read the inflation article in the news forum 9:36 AM [sonny1] if someone could cut and paste it, that would help. thanks
9:36 AM [sonny1] there auctions have sucked back in trillions and trillions back to shabbs
9:37 AM [sonny1] drying the banks up, selling them a soon to be less valued currency(usd) for a more powerful currency (dinar)
Read More Link on Right
9:37 AM [RDP_62] yea!!!!!!!!!!!
9:37 AM [sonny1] it makes a lot of sense for them to do this
9:38 AM [reconn] sonny1 ..is this where the hype comes in that when the auctions stop the dinar rv's...?
9:38 AM [Dinarkicker] sonny1 whats the title of the article please
9:38 AM [sonny1] it would fight corruption from the banks, shabbs has to worry about the banks stealing from themselves, so get as much dinar back as they can, for usd, a currency that will be worth less, but still used
9:39 AM [sonny1] Dinarkicker inflation under control
9:39 AM [sonny1] reconn the auctions are a iraq inter-bank trading rate
9:40 AM [reconn] sonny1 okay, thanks...
9:40 AM [sonny1] not the trade rate, it could rv on an auction day, not sayin it will but it could
9:40 AM [reconn] sonny1..got it....
9:40 AM [RDP_62] sonny1 are you getting excited,maybe thinking we are close?
9:41 AM [sonny1] shabbs is just selling usd for dinar, so the rate doesnt really matter when it pertains to the auctions
9:42 AM [Dinarkicker] Deputy Central Bank Governor: Inflation under control, did not reach to the level of risk Baghdad (news) .. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, that monetary policy is able to reduce the rate of inflation in Iraq through to take the necessary measures to reduce it, indicating that inflation is now under control by the central bank was not up to the level of risk. Saleh said in a statement to the Agency (news) on Tuesday: that the monetary policy of the Central Bank is able to take the necessary steps and actions necessary to curb inflation happening in Iraq, through the control of the proportion of cash as much as possible and to influence the external value of money, in addition to the use of certain policies or exchange rate as a policy interest rate to be reduced. Salih stressed that inflation is under control, unlike the conversations the amounts that reached the extent of risk, and continued: it becomes more serious when the rate of up to two places decimal places
9:42 AM [sonny1] RDP_62 it appears shabbs has taken every step to raise the value, he has sucked trillion and trillions back to cbi, he got 85% of debt waived,
9:42 AM [RDP_62] sonny1 also kap said that parliment is taking another leave and wont be back till late november will that delay us again?
9:43 AM [sonny1] RDP_62 that i dont know, i dont think it really matters
9:43 AM [VIZIOIRAQI] sonny1 Morning Bud
9:43 AM [RDP_62] sonny1 i guess no one really knows
9:43 AM [RDP_62] sonny1 to me it looks like it could be anytime imo
9:43 AM [sonny1] shabbs plan seems to be complete, and i would think it will rv pretty quick
9:43 AM [reconn] VIZ mornin...
9:43 AM [sonny1] vizioiraqi hey
9:44 AM [VIZIOIRAQI] Good news today looks like the CBI is ready to roll
9:44 AM [sonny1] vizioiraqi i agree
9:44 AM [RDP_62] roll on roll on
9:44 AM [sonny1] Dinarkicker can you post link
9:45 AM [sonny1] i looks like they might have changed monetary policies as well
9:45 AM [Yrral] Vizioiraqi roolwhat another delay?
9:45 AM [Dinarkicker] yes sir
9:45 AM [butterbean]
9:45 AM [sonny1] Dinarkicker thx
9:45 AM [VIZIOIRAQI] Mafia out of the bag and inflation under control, currency pulled back in . I love it
9:46 AM [sonny1] good day all
9:46 AM [RDP_62] sonny1 ty
9:46 AM [Dinarkicker] http://dinarvets.com/for ··· control/
taken from DV