Thread: Iraq/Dinar News up until March 28th 8PM CT.

Originally Posted by warrior44

The letter contained the Central Bank pledged to continue to apply strict credit policy to curb inflation and allow an assessment of the exchange rate gradually explaining that the high rates of inflation to justify continuation of this policy.

From what I see here does this mean they won't revalue the dinar until the inflation comes down? Or is this just the same old jibberish to throw us off? Please anyone responed.
Thanks, Warrior44

Interesting,

What we have all seen over the past few months is the best example of economic controls ever implemented, but has it accomplished anything more than increase speculation, no. It was an exersise in demonstrating stability of dinar, nothing more, nothing less. It has done little to control inflation, and we all know this is their main focus from all the recent articles, so I suspect we will see what we have all been waiting on, a restoration of dinars value. After all, this is the ONLY thing which will reel in double digit inflation.

Good luck to all, MIke

Originally Posted by shotgunsusie

sounds to me like someone doesnt want them to revalue the currency or at least have difficulties doing so. iran anyone????

Iran and all the Shi'ite leaders in Iraq sponsored by them...A "rich" and prosperous "free" people next door doesn't help to keep an already "restless" population "in line".

EW

Originally Posted by Offshore-Wealth.com

Interesting,

What we have all seen over the past few months is the best example of economic controls ever implemented, but has it accomplished anything more than increase speculation, no. It was an exersise in demonstrating stability of dinar, nothing more, nothing less. It has done little to control inflation, and we all know this is their main focus from all the recent articles, so I suspect we will see what we have all been waiting on, a restoration of dinars value. After all, this is the ONLY thing which will reel in double digit inflation.

Good luck to all, MIke

The day was worth it to just log in and read that you said this. When I hear OSW start to estimate things, I get excited.

Originally Posted by Offshore-Wealth.com

Interesting,

What we have all seen over the past few months is the best example of economic controls ever implemented, but has it accomplished anything more than increase speculation, no. It was an exersise in demonstrating stability of dinar, nothing more, nothing less. It has done little to control inflation, and we all know this is their main focus from all the recent articles, so I suspect we will see what we have all been waiting on, a restoration of dinars value. After all, this is the ONLY thing which will reel in double digit inflation.

Good luck to all, MIke

Yes brilliant! And it is this stability that they must show to IMF before they can revalue! Stable dinar which has made no impact on inflation! What no one interested in my dong posts!

Originally Posted by Inscrutable

We'll probably all be weeeeeeeeeeeeeeeeeeeeeeing ourselves in a few days.

I've already arranged for a heart massage.

Great to hear Inscrutable make this statement as well as all the resent post today. Man, I guess my Saturdays will be much funner than working them here in the near future. I didn't realise all the Great Articles and emails for ISX website in 10 days will be there openly. WOW!! what alot of NEWS for a so called "Speculated Investment"


I see we will have those last laughs and those "I Told You So's" coming to reality soon.

i know you guys are into that dong but it stands a snow balls chance!!

Originally Posted by duck2000

i know you guys are into that dong but it stands a snow balls chance!!

why do you say that?????

Originally Posted by neno

Great to hear Inscrutable make this statement as well as all the resent post today. Man, I guess my Saturdays will be much funner than working them here in the near future. I didn't realise all the Great Articles and emails for ISX website in 10 days will be there openly. WOW!! what alot of NEWS for a so called "Speculated Investment"


I see we will have those last laughs and those "I Told You So's" coming to reality soon.

naw just ONE PERMENT SMILE and a limp from to fat a wallet ill savor that for ever!!

Originally Posted by screwball

why do you say that?????

lets see national product is drugs allways will be very little oil nothing to tradeend of story!!

Originally Posted by duck2000

naw just ONE PERMENT SMILE and a limp from to fat a wallet ill savor that for ever!!

That limp is cool too.