Dinarland Highlights - 2.8.18 RayRen98 (TNT) From Monday...we shared about lower denominations being out in smaller numbers, with more being...
Dinarland Highlights - 2.8.18
RayRen98 (TNT)
From Monday...we shared about lower denominations being out in smaller numbers, with more being released in the coming days. We have not had an update on that yet, but think that they are only in some hands so far. We have also been told that prices have been adjusted slightly. The biggest changes there will happen when the change in value comes in...when they make the announcement. Budget due out tomorrow, Feb. 8th. We were getting confirmation that Kurdistan is getting 14%. CURRENT WINDOW: ...We were told the second and then the 15th. A few things needed to happen, but I think we are good. We are in the window.
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Kaperoni (Dinar Alert)
Monetary policy is not a simple thing to explain. I do not think the CBI is ready to float at this time. Mainly because the IMF does not want them to. They want them to stay pegged until they meet compliance with the IMF and can move to Article VIII. That being said, I do think the CBI wants to float once they move to Article VIII. My belief is they will pick a new floating exchange rate regime that they can use to raise the value gradually to counter inflationary pressure created by the influx of investment flowing through the Capital Account of the CBI (hopefully that will capital will begin to come into Iraq soon). This is well documented in several IMF articles discussing the transition.
Keep in mind, we all want this to start...but the reality is the CBI cannot float or for that matter do anything other than improve the banking environment at this time. Why? Because there is no upward pressure on the dinar. There is no investment in Iraq's private sector at this time. Until there is investment, or compliance with the IMF, the CBI's hands are sort of tied. Only after this conditions are met can the CBI consider moving to a float, ending the auctions, and have the dinar join the worlds currencies.
Article:
"...Kuwait conference will bring significant economic benefits to Iraq"
Quotes:
"Kuwait conference is a real starting point for the start of reviving Iraq 's economy and rebuild the country...";
"...the participation of 2300 global conference reconstruction of Iraq, adding that more than 70 countries conference reconstruction of Iraq in Kuwait...";
"...the conference to be held between 12 and 14 February..."
...it is this momentum that will raise the value of the dinar. Let's hope this conference is a success.
______________________________________________________
BobTheTaxMan
There are a lot of great changes that have gone on in the tax world…So this whole new concept that Trump Administration has fathered and brought forth has a lot of benefits to it. You just need to understand what it is. And because it’s different, a lot of people are afraid of it. Don’t be afraid of it…cause it really is a great opportunity. Tremendous opportunity especially if you keep viewing the dinar. Somewhere down the road it is going to come to fruition. It is going to happen. These new rules and regulations for the IRS are phenomenal.
______________________________________________________
Adam Montana
[While I believe that an RV will be simultaneous world wide is their a possibility that some restrictions may be put in place for Dinar outside the country? ...I believe they still need to take back dinar that corruption has stolen and moved out of country.]
The possibility of an "in country" RV is certainly there, but IMO they would be stepping on a LOT of the wrong toes if they did that, and ultimately it would prove unsuccessful for them, so I don't see it as a serious threat. Iraq really needs the support of the global financial markets and political figures in order to have a successful RV. They have done a lot to garner that support and gain that confidence, and an in-country RV would immediately diminish their outside support... I just don't see it happening.
______________________________________________________
Don961 (KTFA)
Article:
"Parliament calls on the Kuwait Conference to provide infrastructure projects instead of funds"
Now there's a good idea ! ...Have the donors come in and do the projects...oversee their funds in action...and keep the cash out of the hands of those who may feel inclined to steal it or reroute it...Iraq needs help and 1000's are willing to help...but the 1000's want to see some actual tangible results for their money and efforts... perhaps a money-making business partnership...not another suddenly, mysteriously wealthy politician or official buying 3 homes and Lambos for all his kids...imo.
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ADMINBILL (WSOMN)
...PERHAPS THE NEW YEAR WE THOUGHT WAS SUPPOSED TO BRING US JOY ON JANUARY 1ST THIS YEAR WAS NOT THE CORRECT NEW YEAR. CELEBRATING THE NEW YEAR IN CHINA BEGINNING ON THE 16TH OF JANUARY.
...IT BEGINS THE NEW YEAR IN CHINA AND IS CELEBRATED ACROSS THE COUNTRY WITH 4 OFFICIAL DAYS OFF AND MUCH CELEBRATION FOR ABOUT 3 WEEKS.
...NOTHING WILL HAPPEN IN IRAQ UNTIL THEY ARE AUTHORIZED TO RELEASE... IT IS NOT IRAQ ALONE.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
RayRen98 (TNT)
From Monday...we shared about lower denominations being out in smaller numbers, with more being released in the coming days. We have not had an update on that yet, but think that they are only in some hands so far. We have also been told that prices have been adjusted slightly. The biggest changes there will happen when the change in value comes in...when they make the announcement. Budget due out tomorrow, Feb. 8th. We were getting confirmation that Kurdistan is getting 14%. CURRENT WINDOW: ...We were told the second and then the 15th. A few things needed to happen, but I think we are good. We are in the window.
______________________________________________________
Kaperoni (Dinar Alert)
Monetary policy is not a simple thing to explain. I do not think the CBI is ready to float at this time. Mainly because the IMF does not want them to. They want them to stay pegged until they meet compliance with the IMF and can move to Article VIII. That being said, I do think the CBI wants to float once they move to Article VIII. My belief is they will pick a new floating exchange rate regime that they can use to raise the value gradually to counter inflationary pressure created by the influx of investment flowing through the Capital Account of the CBI (hopefully that will capital will begin to come into Iraq soon). This is well documented in several IMF articles discussing the transition.
Keep in mind, we all want this to start...but the reality is the CBI cannot float or for that matter do anything other than improve the banking environment at this time. Why? Because there is no upward pressure on the dinar. There is no investment in Iraq's private sector at this time. Until there is investment, or compliance with the IMF, the CBI's hands are sort of tied. Only after this conditions are met can the CBI consider moving to a float, ending the auctions, and have the dinar join the worlds currencies.
Article:
"...Kuwait conference will bring significant economic benefits to Iraq"
Quotes:
"Kuwait conference is a real starting point for the start of reviving Iraq 's economy and rebuild the country...";
"...the participation of 2300 global conference reconstruction of Iraq, adding that more than 70 countries conference reconstruction of Iraq in Kuwait...";
"...the conference to be held between 12 and 14 February..."
...it is this momentum that will raise the value of the dinar. Let's hope this conference is a success.
______________________________________________________
BobTheTaxMan
There are a lot of great changes that have gone on in the tax world…So this whole new concept that Trump Administration has fathered and brought forth has a lot of benefits to it. You just need to understand what it is. And because it’s different, a lot of people are afraid of it. Don’t be afraid of it…cause it really is a great opportunity. Tremendous opportunity especially if you keep viewing the dinar. Somewhere down the road it is going to come to fruition. It is going to happen. These new rules and regulations for the IRS are phenomenal.
______________________________________________________
Adam Montana
[While I believe that an RV will be simultaneous world wide is their a possibility that some restrictions may be put in place for Dinar outside the country? ...I believe they still need to take back dinar that corruption has stolen and moved out of country.]
The possibility of an "in country" RV is certainly there, but IMO they would be stepping on a LOT of the wrong toes if they did that, and ultimately it would prove unsuccessful for them, so I don't see it as a serious threat. Iraq really needs the support of the global financial markets and political figures in order to have a successful RV. They have done a lot to garner that support and gain that confidence, and an in-country RV would immediately diminish their outside support... I just don't see it happening.
______________________________________________________
Don961 (KTFA)
Article:
"Parliament calls on the Kuwait Conference to provide infrastructure projects instead of funds"
Now there's a good idea ! ...Have the donors come in and do the projects...oversee their funds in action...and keep the cash out of the hands of those who may feel inclined to steal it or reroute it...Iraq needs help and 1000's are willing to help...but the 1000's want to see some actual tangible results for their money and efforts... perhaps a money-making business partnership...not another suddenly, mysteriously wealthy politician or official buying 3 homes and Lambos for all his kids...imo.
______________________________________________________
ADMINBILL (WSOMN)
...PERHAPS THE NEW YEAR WE THOUGHT WAS SUPPOSED TO BRING US JOY ON JANUARY 1ST THIS YEAR WAS NOT THE CORRECT NEW YEAR. CELEBRATING THE NEW YEAR IN CHINA BEGINNING ON THE 16TH OF JANUARY.
...IT BEGINS THE NEW YEAR IN CHINA AND IS CELEBRATED ACROSS THE COUNTRY WITH 4 OFFICIAL DAYS OFF AND MUCH CELEBRATION FOR ABOUT 3 WEEKS.
...NOTHING WILL HAPPEN IN IRAQ UNTIL THEY ARE AUTHORIZED TO RELEASE... IT IS NOT IRAQ ALONE.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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