Thread: Internal RV -VS- External RV

Originally Posted by dinartank

Please refresh my memory or anyone else.

Perhaps you missed the part where I said "search and read". I know things go over your head easily, but, all the info is there for those not to lazy to look.

Originally Posted by Dinar Cha Ching

Perhaps you missed the part where I said "search and read". I know things go over your head easily, but, all the info is there for those not to lazy to look.

Ive tried to look...gee your so helpful or maybe you have a horrible memory or just don't know how to contribute to subject. All you post is nothing but smart a$$ comments about nothing...Besides whats wrong with starting a new discussion again.

If this was some obscure topic, I could see it but this has been a main topic in news articles and many threads in this forum. We have opinions from the CBI, the finance minister, president, prime minsiter, our own William Knowles, and umpteen other experts, reporters, and posters.

The whole purpose of adjusting the value of the dinar is to combat inflation and increase the buying power of the Iraqis. Before they started in November, inflation was around 76%. It is now about 37% with the exception of fuel prices which they have purposely increased because it was so heavily subsidised and they had agreed to remove the subsidies.

So, that's why you're not attracting any interest. I can see you missing or forgetting some minor point discussed briefly some time ago but, to "forget" the main thrust of the convesation for the last 2 or 3 years...

Originally Posted by TerryTate

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.

Setting the price of the Dinar is a complicated issue because of the market value. Price fixing can work in the opposite way too, where everything goes up. Fuel is on the rise again, oil.

Originally Posted by Darren Chabluk

Setting the price of the Dinar is a complicated issue because of the market value. Price fixing can work in the opposite way too, where everything goes up. Fuel is on the rise again, oil.

The inflation you see and the 21% interest rates are due to a grossly undervalued currency!

Originally Posted by TerryTate

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.

You mean like gas prices in the U.S????????? Oh wait, I haven't seen Shell lowering their prices by half to gain my business. Believe me, I have looked elswhere, am I looking in the wrong place????

Technically, gas is not overpriced because the price of crude has gone up that much and that is due to supply and demand on the world market. Iraq is importing most of their goods right now and, once the dinar is worth something against other countries' currency, their prices will automatically go down.

Originally Posted by dinartank

Ive tried to look...gee your so helpful or maybe you have a horrible memory or just don't know how to contribute to subject. All you post is nothing but smart a$$ comments about nothing...Besides whats wrong with starting a new discussion again.

I have no problem with a new discussion but he was insinuating that "everyone overlooks" what he thinks is a new theory. Susie was absolutely right that he tries to present himself as an expert. He's a know-nothing and the fact that you sniff after him says a lot about you.

I used to be heavily involved in research and discussions but everything has happened that needed to happen leading up to the passing of the major laws and the RV. All involved; countries, corporations, investors etc. were patient during the lead up. Now we are at the moment of truth, the Iraqi's know it, they've run out of excuses and now they are just blatantly procrastinating on the things they know they have to do. To me all news, rumors or rehashed theories (ala you and Chabluk) are nothing more than word-barf at this point. All that matters now is did the laws pass and what the RV rate is. These are the next steps period.

Also if you think I'm a smart A then put me on ignore or do as you once told me to do; "shut your mouth".

Originally Posted by greatstuff

Technically, gas is not overpriced because the price of crude has gone up that much and that is due to supply and demand on the world market. Iraq is importing most of their goods right now and, once the dinar is worth something against other countries' currency, their prices will automatically go down.

So let's just not buy gas, right. No demand, no supply needed.
Looks like someone is painted into a corner, say........... ALL OF US.
A consumer pays at the pump, so in the eyes of the public, gas is overpriced.
A huge percentile of the general public does not even know that a barrell of crude oil exists, let alone, that it is the driving force behind rapings at gas pumps. Still, I don't recall any major oil company ever lowering their crude prices to stay ahead of the game. Didn't some genius coin the phrase "fuzzy math"? The game of oil is a great example of that.
Good day.

It's all a con game. They have this "war" going on so they have a great excuse to cry, "Shortage!". OPEC has also been reducing what they're exporting so as to drive the price up. The government is short of money and high prices of crude mean a higher base price for gasoline, et al. There are umpteen taxes on the gas and they're percentages, so they reap a lot more revenue when the base price is up and the companies have a percentage profit margin which also equates to more actual dollars when the price is high. The retailers are often paid by a percentage of what they sell, too. Everybody profits but the customer.

On top of all that, the high prices will make the Iraqis very rich. The good part is that we're along for that ride; the bad part is that we'll spend a lot of our new found wealth putting gas in our new toys. What a hardship!