Internal RV -VS- External RV

[Darren Chabluk]

I heard someone mention the term internel and external rv.

I'm not part of the monthly "this is the month!" clan, less than 10% of posts in the forum talk about the one largest variable in the RV algorithm. Inflation.

If the Dinar and dollar when to $1 to 1 Dinar, yes, an Iraqi with 1 mil dinar would be rich, but hypothetically speaking, which we are, a loaf of bread would cost $100,000US in Iraq. This is not possible.

The most major thing that I see overlooked is how the Dinar has been watered down so much with inflation. A 1:1 rv is not comparing apples to apples. Dinar has and will continue to rise, especially with the entry onto World Trade, it's possible to go up nicely.

Inflation is never talked about. Just 1.22 or 1.20 HOOT, please exuse my spelling, this is a forum where people use slang for screen names, spelling is not my priority in here. I'm a math guy, I took calculus not spelling bee.

What I just said will cause strife with a lot of people. I want the Dinar to go up too, it has, and it will continue but an Internal and External rv just made me think of one thing, inflation.

[livefree]

I heard someone mention the term internel and external rv.

I'm not part of the monthly "this is the month!" clan, less than 10% of posts in the forum talk about the one largest variable in the RV algorithm. Inflation.

If the Dinar and dollar when to $1 to 1 Dinar, yes, an Iraqi with 1 mil dinar would be rich, but hypothetically speaking, which we are, a loaf of bread would cost $100,000US in Iraq. This is not possible.

The most major thing that I see overlooked is how the Dinar has been watered down so much with inflation. A 1:1 rv is not comparing apples to apples. Dinar has and will continue to rise, especially with the entry onto World Trade, it's possible to go up nicely.

Inflation is never talked about. Just 1.22 or 1.20 HOOT, please exuse my spelling, this is a forum where people use slang for screen names, spelling is not my priority in here. I'm a math guy, I took calculus not spelling bee.

What I just said will cause strife with a lot of people. I want the Dinar to go up too, it has, and it will continue but an Internal and External rv just made me think of one thing, inflation.

Thanks for your insight.

When do you think the dinar will rise to the .01 to 1.00 level?

[Dinar Cha Ching]

I heard someone mention the term internel and external rv.

I'm not part of the monthly "this is the month!" clan, less than 10% of posts in the forum talk about the one largest variable in the RV algorithm. Inflation.

If the Dinar and dollar when to $1 to 1 Dinar, yes, an Iraqi with 1 mil dinar would be rich, but hypothetically speaking, which we are, a loaf of bread would cost $100,000US in Iraq. This is not possible.

The most major thing that I see overlooked is how the Dinar has been watered down so much with inflation. A 1:1 rv is not comparing apples to apples. Dinar has and will continue to rise, especially with the entry onto World Trade, it's possible to go up nicely.

Inflation is never talked about. Just 1.22 or 1.20 HOOT, please exuse my spelling, this is a forum where people use slang for screen names, spelling is not my priority in here. I'm a math guy, I took calculus not spelling bee.

What I just said will cause strife with a lot of people. I want the Dinar to go up too, it has, and it will continue but an Internal and External rv just made me think of one thing, inflation.

These topics have not been overlooked, they've been discussed, dissected, argued ad nauseam. Search and read and you'll see that your theory is 3 years old and has been proven wrong time and time again.

[dinartank]

These topics have not been overlooked, they've been discussed, dissected, argued ad nauseam. Search and read and you'll see that your theory is 3 years old and has been proven wrong time and time again.

Please refresh my memory or anyone else. I understand dans logic. I can also see that iraq unemployment is high and the ones that do work make an avg of what 300,000 dinar a month. Maybe they make less now or more..I don't know. Thats what i remember and no i dont have a link, I remember reading this about this a year ago. Ok with things being as high as it is with the cost of living the ones that work can't save much....so with that not all iraqis will be rich over night but the ones that will be are the business owners that have alot of dinar at hand the day of the RV. Theres no right or wrong way to look at this. It would be interesting for someone to rubutle the argument instead of trying to put this guy down and tear him a new a$$. I think this would be a helpful discussion..who knows maybe it might change the negativity around here. Comon ching your so smart youve read it all and dissected it tell us your theroy.

[DayDream]

Please refresh my memory or anyone else. I understand dans logic. I can also see that iraq unemployment is high and the ones that do work make an avg of what 300,000 dinar a month. Maybe they make less now or more..I don't know. Thats what i remember and no i dont have a link, I remember reading this about this a year ago. Ok with things being as high as it is with the cost of living the ones that work can't save much....so with that not all iraqis will be rich over night but the ones that will be are the business owners that have alot of dinar at hand the day of the RV. Theres no right or wrong way to look at this. It would be interesting for someone to rubutle the argument instead of trying to put this guy down and tear him a new a$$. I think this would be a helpful discussion..who knows maybe it might change the negativity around here. Comon ching your so smart youve read it all and dissected it tell us your theroy.

I totally agree with you dinartank. Even though DrD can be nerve racking at times, he brings up interesting points about inflation. This is something my husband and I have been discussing now for 2 nights. He isn't in the 1:1 camp for this very reason..."inflation". I myself would like to hear (again ) the reason why most people here believe in the 1:1 theory. I know, I know, Iraq wants to be on par with the dollar etc..stuff, but how can they do this with an overnight r/v of 1:1 without causing inflation to go through the roof?

Thoughts please...I need some ammo to use against hubby.

Cheers!
DayDream

[lglwzrd]

I heard someone mention the term internel and external rv.

I'm not part of the monthly "this is the month!" clan, less than 10% of posts in the forum talk about the one largest variable in the RV algorithm. Inflation.

If the Dinar and dollar when to $1 to 1 Dinar, yes, an Iraqi with 1 mil dinar would be rich, but hypothetically speaking, which we are, a loaf of bread would cost $100,000US in Iraq. This is not possible.

The most major thing that I see overlooked is how the Dinar has been watered down so much with inflation. A 1:1 rv is not comparing apples to apples. Dinar has and will continue to rise, especially with the entry onto World Trade, it's possible to go up nicely.

Inflation is never talked about. Just 1.22 or 1.20 HOOT, please exuse my spelling, this is a forum where people use slang for screen names, spelling is not my priority in here. I'm a math guy, I took calculus not spelling bee.

What I just said will cause strife with a lot of people. I want the Dinar to go up too, it has, and it will continue but an Internal and External rv just made me think of one thing, inflation.

wrong as usual. an increase in the value of the dinar increases purchasing power. prices will reflect a true market value. if bread is a buck it is still a buck-hence the lower denoms-printed not distributed. this has been gone over and argued to death many times.

[Darren Chabluk]

Ok, I know this has been discussed before. I did say 90% of discussions do not talk about the inflation. I'm just waiting to have a new a-- torn open right about now...

[DayDream]

wrong as usual. an increase in the value of the dinar increases purchasing power. prices will reflect a true market value. if bread is a buck it is still a buck-hence the lower denoms-printed not distributed. this has been gone over and argued to death many times.

But what about supply and demand which could drive up inflation? It may be a short term inflation...but inflation non-the-less.

Cheers!
DayDream

[Darren Chabluk]

Life is not spendid for the Iraqis. Incomes have went down since the Saddam era. Prices, have went up. Which means less purchasing power due to rising costs from inflation.

The largest banknote in the Saddam era was 10,000, now it's 25,000. Why? Inflation. $1 of food would now cost about $3, not $1.

An extremely aggressive buy back by the central bank, occuring faster than the inflation rate, from something like an "rv" will allow purchasing power to increase.

What happened in the last increase since november 2006? Was the increase in value of the dinar greater than the rate of inflation over the same period of time? This reveals whether or not purchasing power of Iraqis has went up or down.

[TerryTate]

But what about supply and demand which could drive up inflation? It may be a short term inflation...but inflation non-the-less.

Cheers!
DayDream

Well its kind of simple. If some ***** raises the price of bread to $100,000 per loaf, then his competitor will lower his price to $50,000 a loaf, which will cause the first guy to lower his price to $25,000 a loaf and so on and so on, until it reaches a market rate that is equitable.

The point is if the vendors raised there prices to outrageous amounts, don't you think that someone who wanted to gain market share would be willing to undercut the others to gain an advantage... Every market has a price point that cannot be exceeded otherwise the consumer will simply look elsewhere. And as the rest of the world is knocking on the doorstep to sell Iraq its goods, do you think that the Iraqi's will not have any other choices once their currency goes up in value. No freakin way. Geeze people, Kuwait currently has a currency that is of the value that Iraq wants to get to and are they paying $100,000 per loaf of bread... Nope they import fillipinos to cut their lawns with scissors.... The Iraqis are going to do just fine once everything is squared away.