12:08 PM [kaperoni] ok so i come by to bring some good juice
12:08 PM [Shredd] we talkin abot exec order 13303
12:09 PM [kaperoni] i got some more good juice
12:09 PM [BondLady] cia report
12:09 PM [kaperoni] This is another Gem from Tgirl
12:09 PM [kaperoni] I have been stating for years no LOP
12:10 PM [BondLady] me to
12:10 PM [kaperoni] and recently these good article are out that IMO confirm the one the other say to me clearly said 1000 dinar will remain 1000 dinar just like Dr. Fadel and Dr. Bakri said
12:11 PM [kaperoni] so today this one comes out House of Representatives of the fear of corruption associated with raising the zeros Currency let me show you a few quotes...
Read More Link On Right
12:12 PM [BondLady] i have that art kappy it is a good 1
12:13 PM [kaperoni] He explained that "those who stand deduced from the change are the currency on the interest that they would gain economic situation in Iraq when replacing paper reviews the category of 1000 dinars to one of category 1 dinar, which means that the money supply would remain the same with a different class."
12:13 PM [kaperoni] My view of this is that quote is saying that those who have researched this, have realized they will gain economically from this. They also give us the nugget that tells us that they only way they can reduce the money supply is to collect the 3 zero notes in advance (which is what they are doing) as the quote says that this process on it's own does not reduce the money supply.
12:14 PM [kaperoni] now
12:14 PM [BondLady] yes
12:14 PM [Shredd] yes, good.....
12:14 PM [kaperoni] "Economists and shows that the process of removing three zeros from the Iraqi currency will lead to increased value, and to increase the purchasing power of citizens, pointing to the need to pursue policies to persuade the citizens quiet and get used to it for a period not exceeding two years. "
s12:15 PM [kaperoni] Well that pretty much tells it all increase in purchasing power i done
12:15 PM [BondLady] but yet kap they keep on floodin more usd in iraq, u see the art yesterday says for the cbi to just go ahead an sell iqd to the people since they prefer it so much over the iqd
12:20 PM [cat] kap does wyo play into this
12:20 PM [BondLady] On May 3, 2007, the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar. The contents of the article discuss changes made in Iraq on the economic front of how the Iraq government had eliminated fuel subsidies.
The article also stated that the Central Bank of Iraq had raised interest rates in an attempt to allow a gradual appreciation of the dinar in an attempt to fight dollarization of the Iraq economy. Although there are claims of widespread optimism of some language used later in the press release among some dinar speculators, there have been no publicly released statements or analysis by any news sources or governments.
12:21 PM [cat] wto
12:21 PM [kaperoni] well it does yes iraq needs accession badly to open the doors in iraqs but they wont get it unless they get this stuff in place
12:22 PM [BondLady] Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques, to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives."
Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar. These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved.
The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, though, Iraqi dinar has been widely counterfeited. However, there are six different security features on the 25,000 Iraqi dinar note that one can check for authenticity.
12:16 PM [BondLady] ty kap
12:16 PM [kaperoni] that was good too
12:16 PM [BondLady] for talkin about that art
12:16 PM [kaperoni] you take all the info we have
12:16 PM [BondLady] shredd was talkin about the pres exec order kap
12:16 PM [kaperoni] from the original plan from dr. fadel
12:17 PM [BondLady] and he posted the new renewal of it a min ago
12:17 PM [kaperoni] to the research paper of dr. bakri
12:17 PM [kaperoni] to the World Bank gal
12:17 PM [kaperoni] and now this
12:17 PM [kaperoni] it is very compelling
12:19 PM [BondLady] love this part......These new banknotes led to a new industry**** of selling the new Iraqi dinar ******to oversea investors******** who*** hoped to profit**** from Iraq's new currency****** when the economy improved. ***********The provisional government of Iraq has made this legal,**********(and so did our president bush, when he signed the pressidentual order allowing all american citizens tobe able to invest in iraq..BL) but the banknotes are exchanged at different rates by companies wanting to make profit.
12:23 PM [kaperoni] good stuff
12:23 PM [BondLady] so with the presidentual order obama just renewed
12:23 PM [kaperoni] thanks for letting me visit
12:24 PM [Shredd] always welcome kap
12:24 PM [BondLady] combine that with........These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved. The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, t...........then we see no matter what they cant just shut us out at rv time
12:25 PM [BondLady] The provisional government of Iraq has made this legal,
12:25 PM [BondLady] ty kappy come again any time
12:26 PM [kaperoni] bye all
12:27 PM [BondLady] my historical and interesting stuff thread has a lot of diff stuff in it for any 1 who wants to ck it out every thing i just showed yall is in that thread also
12:28 PM [BondLady] same as the oil and gold boom town stuff those things apply right now to whats happenin in Iraq the reconstruction the inflation every thing
12:29 PM [BondLady] read that an u know what to expect
12:29 PM [tlm724] BondLady alot of arts in the past few days about developement
12:29 PM [BondLady] yes
12:29 PM [BondLady] all goes right back to a oil boom buildings and towns grow up and appear almost over night inflation hits hard lots of stuff from the past does exact same stuff in Iraq thats why i made those two threads oil an gold booms