Thread: Iraq/Dinar News. Before Feb. 21, 2007

Amman based Hybrid Solutions, will be participating March 1-2, 2007 at The Middle East Forex Trading Expo

In today's fast growing online trading for financial market, the need of finding a business partner who is experienced in providing a total online trading solution, becomes something serious. Hybrid Solutions is a dynamic business company based in Amman-Jordan. Established in 2002 and took IT seriously to develop hand-by-hand with our partner in England e-Vortex LTD, a premium state-of-the-art online trading system VertexFX to be delivered as total solution with all of BackOffice, client trade station and servers for all of Market Makers, Clearing houses, Brokerage firms and other dealing rooms. Hybrid Solutions has adopted the latest technologies and international standards to develop its online trading system VertexFX.

'Through our participation in Dubai Forex EXPO, we plan to expand our business by building another Base to VertexFX Trader in UAE as growing FOREX market, and expect building real partnerships with serious Companies and distributors in the Gulf,' said Mr. Akram Majed, Managing Director of Hybrid Solutions.

The Middle East Forex Trading Expo is the first ever forex expo in the region. With its promise and its huge potential, top international companies like Hybrid Solutions were drawn to participate in this event.

'This 2 day expo and workshop will be an avenue to network with the forex who's who, learn the basic but highly-important risk management techniques to ensure you make the most of your profits and limit losses to a minimum and an opportunity to gather all traders alike.' to quote Mr. Jean Louis Farwagi, Vice President of Arabcom Group.

Hybrid Solutions takes part in The Middle East Forex Trading Expo | Middle East Forex Trading Expo

What if the HCL IS DONE, just maybe GOI will be at this expo!!!!! What do you think!!!!

EURUSD=X 1 Feb 16 1.3143 1.3143 1.3143 1.3146


from yahoo finance

1 USD = 1.31 EUR

Originally Posted by Wm.Knowles

Hello everyone. The increase in interest rates by the CBI is another tool of intervention to reduce inflation by a central bank. Increased interest rates decrease the flow of money into the economy and help to reduce the base money supply. Raising rates by the CBI, while not as dramatic as purchasing dinar and removing it from the economy, is still an effective intervention that has been used (by the Fed) to slow growth. By the way, Jimmy Carter did not give us high interest and inflation. It has been said that we never paid for the Vietnam War. We "montetarized" the debt buy "printing money". Of course, by the time the effects of so much money being printed were felt in the economy, it did "hit" during the Carter administration. We got away with it due to our expanding economy eventually "absorbing" the inflationary pressures of the expanded money supply base through a growth in US GNP. Thank You.

I knew it was that damn Lyndon Johnson and his "Great Society"

Originally Posted by Wm.Knowles

Hello everyone. The increase in interest rates by the CBI is another tool of intervention to reduce inflation by a central bank. Increased interest rates decrease the flow of money into the economy and help to reduce the base money supply. Raising rates by the CBI, while not as dramatic as purchasing dinar and removing it from the economy, is still an effective intervention that has been used (by the Fed) to slow growth. By the way, Jimmy Carter did not give us high interest and inflation. It has been said that we never paid for the Vietnam War. We "montetarized" the debt buy "printing money". Of course, by the time the effects of so much money being printed were felt in the economy, it did "hit" during the Carter administration. We got away with it due to our expanding economy eventually "absorbing" the inflationary pressures of the expanded money supply base through a growth in US GNP. Thank You.

The first effect of high interest rates is, of course, to stifle economic activity.
Your right 20% interest sounds like a recipe for success for Iraq

Even Iraqi bankers recognize these rates as inflationary.
http://www.rolclub.com/iraqi-dinar/1...tml#post167253

Charles Schultze cited the powerful restraining effect in a memorandum to the president (Carter) in early April. "A builder now starting a house must pay, typically, over 20 percent for a construction loan, and at the end find a buyer willing both to pay the extra price and to assume a 15 to 16 percent mortgage. The typical business firm . . . must pay 19 to 20 percent interest to carry inventories or to meet other working capital needs. Reg Jones [head of General Electric] told me that just in the past week, those GE dealers who must finance themselves (as opposed to getting GE financing) have virtually stopped ordering."


If your read above Carter needed a memorandum to explain to him the negative affects that 20% interest rates have. This was in 1980 three years into his term.

He didn't give us these rate!? Sounds like an argument from a Carter apologist.

Normally I agree with you but on this we'll have to agree to disagree.


Jimmy Carter's Economy: Policy in an Age of Limits, by W. Carl Biven. Chapter 1.

Originally Posted by Par77

"(But) we are not saying to the Iraqis get it done by X date or else," she told reporters.

That's been our mistake from the begining!!!

So far numerous sources have said that it has RV! Do we have anyone on the ground that can confirm it!!!! I cannot see why they would handout payments this weekend if they were not going to Rv their currency! What buying power would it have? I thought the payment was for displaced families! How can you buy a house for $78USD, Guys It has to RV now! My gut feeling says within the next couple of days if it has not already done so!

Originally Posted by Dinar Cha Ching

That's been our mistake from the begining!!!

I agree with you on this.

Originally Posted by screwball

So far numerous sources have said that it has RV! Do we have anyone on the ground that can confirm it!!!! I cannot see why they would handout payments this weekend if they were not going to Rv their currency! What buying power would it have? I thought the payment was for displaced families! How can you buy a house for $78USD, Guys It has to RV now! My gut feeling says within the next couple of days if it has not already done so!

How will we find out when it happens?

Originally Posted by Nidya

How will we find out when it happens?

check out the Central Bank of Iraq's webiste go to exchange rates and check out the buying and selling rates!

Originally Posted by screwball

check out the Central Bank of Iraq's webiste go to exchange rates and check out the buying and selling rates!

Thanks.