Morning News Comments 06/15/2015
The Central Bank; corruption and chaos decisions!?
[tlm724] Shredd here's an interesting opinion piece
[tlm724] chaos decisions!? ya think
[tlm724] hey I think this dude read the morning comments yesterday lol
[tlm724] misconduct and direction taken by the Iraqi Central Bank
[Shredd] Abadi needs to intervene
[tlm724] he sure does !!
[tlm724] This directive means that the citizen who let the dollar does not give his money to him, but in Iraqi dinars
[tlm724] if we calculated that the dollar's exchange currency market trading of the exchange rate to the dollar in 1340, the home loses 140 dinars per dollar intervention dividends usurped and illegitimacy of banks ...!?
[tlm724] 1340 !
The Central Bank; corruption and chaos decisions!?
[tlm724] Shredd here's an interesting opinion piece
[tlm724] chaos decisions!? ya think
[tlm724] hey I think this dude read the morning comments yesterday lol
[tlm724] misconduct and direction taken by the Iraqi Central Bank
[Shredd] Abadi needs to intervene
[tlm724] he sure does !!
[tlm724] This directive means that the citizen who let the dollar does not give his money to him, but in Iraqi dinars
[tlm724] if we calculated that the dollar's exchange currency market trading of the exchange rate to the dollar in 1340, the home loses 140 dinars per dollar intervention dividends usurped and illegitimacy of banks ...!?
[tlm724] 1340 !
[tlm724] Citizen, who had previously deposited his money in dollars, will not be noticeable loss and starboard, but also lose the trust state and its government, and its inability to save the citizens' rights
[tlm724] those few that did deposit are running for the hills with their money !
[tlm724] Is that this decision has been issued for the blind central bank management, or the Ministry of Finance, or the government of Dr. Haider Abadi ..?
[tlm724] yeah did this start at the top or was it mismanagement on the part of the CBI ?
[tlm724] What happens result of the chaos in the trading, the market and the withdrawal of funds and trading the free market,
[tlm724] that ^^^ is the direct result of that mismanagement no matter who was responsible for the bad decisions there must be a course of correction !
[tlm724] in addition to rises continuously to the value of the dollar
[tlm724] as I said yesterday IMO this is on the CBI !!
[tlm724] described the measure as the worst in
the crisis processors and the chaos of the market and Grtvaa dollar exchange rate.
[tlm724] "chaos" caused by the central bank , it is not subject to any legal or moral justification, it represents a public theft and challenge the brutal citizen
[tlm724] hence the social and political projections will return negative results on the government, and increase the opponents of its policies wrong area,
[Shredd] frustrating, isn't it?
[therealbubbie] Iraq = public theft
[tlm724] Shredd as you said many time the world watches Iraq and how it handles its self economically !
[Shredd] tlm724 yeah, and the pause button is certainly pushed in that regard
[Shredd] "wait and see" continues
[tlm724] I believe that the decision or The central bank will guide the Iraqi government puts too embarrassed,
[tlm724] Shredd no doubt !
[tlm724] The most important pillars of the state and its continuation in the political custom, is the military security force and economic power and legal power, in this mess created by the central bank, adds another reason for the collapse of the Iraqi state
[Shredd] I think this confirms that the remittance experiment showed how ill prepared the CBI was
[tlm724] is the military security force and economic power and legal power, in this mess created by the central bank, adds another reason for the collapse of the Iraqi state
[tlm724] Shredd yes it did
[tlm724] yesterday an art said that was the first spark in this whole thing !
[tlm724] quote "so taxes and a decrease in the supply of foreign exchange by Central Bank which set the budget law to paragraph 50 of them, which was the first spark for the rise of the progressive. "
[tlm724] their is no oversight in the market, no laws are being enforced and letting the bus run all this time well ... now the bus is out of fuel !
~~~
Necessities are met tariff
[tlm724] the seventh of last May House voted in principle, to wait in the application of the tariff law, but the Council of Ministers decided on the second of June to start the fulfillment of the current tariff in all border crossing points, without exception, from next August,
[tlm724] this law has been hanging in the belfry a long time !!!
[bigdinaros] tariffs are good for us
[tlm724] indeed they are bigd !
[bigdinaros] hope they stick to august 1, but it seems like that
[tlm724] we'll see it's Iraq afterall lol
[tlm724] So there are a number of necessities to meet the tariffs, some of the protection of the local product and support real sectors, others regard to increasing state revenues in order to finance the general budget
[tlm724] as we read the other day some of the revenue collected from the tariffs will go to the provinces and some directly to the GOI
[tlm724] therefore, the cabinet decision to the fulfillment of the tariff from next August, is very important to put an end to suffering of the national economy to be implemented
[tlm724] put an end to suffering of the national economy *hallelujah* somethings gotta give !
[tlm724] foolishness, that the process of rising prices every time the approaching date of the application resulting from dramatize the media law and not for the market mechanism (which assumes the decline of supply and high price
[bigdinaros] rv before tariffs is my guess. Hope I am right
[soon] hope so too
[tlm724] so everytime they get close to applying the tariffs there are those that aggravate the situation etc... thus resulting in another stall of the full implementation ! *slap*
[tlm724] media hype
[soon] yes *slap* *slap*
[tlm724] get em soon lol
[tlm724] well August isn't that far off maybe just maybe they will actually do it this time ! They NEED the revenue badly !
[therealbubbie] heres my take on the tariffs.. they will come up with some sort of excuse .. some article before Aug ... prove me wrong Iraq !!
[therealbubbie] heres a real fact ... the market price is up to 1337 .. and it seems to be going up most days when they have an auction .. the CBI is not controlling it
[therealbubbie] could be that their letting it go up so people will trade in there dinars for dollars .. maybe
[tlm724] yes that is what I have thought too !
[therealbubbie] here is a site I found .. it's Rabee securities , they show the daily market price of the dinar ... and right now it shows 1370 compared to CBI's rate of 1337 ..
http://www.rs.iq/
[tlm724] dayum
[therealbubbie] 1370 !!
[tlm724] shakes head
[therealbubbie] and nothing is done ..
[tlm724] exactly as that opinion piece from earlier said !
[tlm724] those few that did deposit are running for the hills with their money !
[tlm724] Is that this decision has been issued for the blind central bank management, or the Ministry of Finance, or the government of Dr. Haider Abadi ..?
[tlm724] yeah did this start at the top or was it mismanagement on the part of the CBI ?
[tlm724] What happens result of the chaos in the trading, the market and the withdrawal of funds and trading the free market,
[tlm724] that ^^^ is the direct result of that mismanagement no matter who was responsible for the bad decisions there must be a course of correction !
[tlm724] in addition to rises continuously to the value of the dollar
[tlm724] as I said yesterday IMO this is on the CBI !!
[tlm724] described the measure as the worst in
the crisis processors and the chaos of the market and Grtvaa dollar exchange rate.
[tlm724] "chaos" caused by the central bank , it is not subject to any legal or moral justification, it represents a public theft and challenge the brutal citizen
[tlm724] hence the social and political projections will return negative results on the government, and increase the opponents of its policies wrong area,
[Shredd] frustrating, isn't it?
[therealbubbie] Iraq = public theft
[tlm724] Shredd as you said many time the world watches Iraq and how it handles its self economically !
[Shredd] tlm724 yeah, and the pause button is certainly pushed in that regard
[Shredd] "wait and see" continues
[tlm724] I believe that the decision or The central bank will guide the Iraqi government puts too embarrassed,
[tlm724] Shredd no doubt !
[tlm724] The most important pillars of the state and its continuation in the political custom, is the military security force and economic power and legal power, in this mess created by the central bank, adds another reason for the collapse of the Iraqi state
[Shredd] I think this confirms that the remittance experiment showed how ill prepared the CBI was
[tlm724] is the military security force and economic power and legal power, in this mess created by the central bank, adds another reason for the collapse of the Iraqi state
[tlm724] Shredd yes it did
[tlm724] yesterday an art said that was the first spark in this whole thing !
[tlm724] quote "so taxes and a decrease in the supply of foreign exchange by Central Bank which set the budget law to paragraph 50 of them, which was the first spark for the rise of the progressive. "
[tlm724] their is no oversight in the market, no laws are being enforced and letting the bus run all this time well ... now the bus is out of fuel !
~~~
Necessities are met tariff
[tlm724] the seventh of last May House voted in principle, to wait in the application of the tariff law, but the Council of Ministers decided on the second of June to start the fulfillment of the current tariff in all border crossing points, without exception, from next August,
[tlm724] this law has been hanging in the belfry a long time !!!
[bigdinaros] tariffs are good for us
[tlm724] indeed they are bigd !
[bigdinaros] hope they stick to august 1, but it seems like that
[tlm724] we'll see it's Iraq afterall lol
[tlm724] So there are a number of necessities to meet the tariffs, some of the protection of the local product and support real sectors, others regard to increasing state revenues in order to finance the general budget
[tlm724] as we read the other day some of the revenue collected from the tariffs will go to the provinces and some directly to the GOI
[tlm724] therefore, the cabinet decision to the fulfillment of the tariff from next August, is very important to put an end to suffering of the national economy to be implemented
[tlm724] put an end to suffering of the national economy *hallelujah* somethings gotta give !
[tlm724] foolishness, that the process of rising prices every time the approaching date of the application resulting from dramatize the media law and not for the market mechanism (which assumes the decline of supply and high price
[bigdinaros] rv before tariffs is my guess. Hope I am right
[soon] hope so too
[tlm724] so everytime they get close to applying the tariffs there are those that aggravate the situation etc... thus resulting in another stall of the full implementation ! *slap*
[tlm724] media hype
[soon] yes *slap* *slap*
[tlm724] get em soon lol
[tlm724] well August isn't that far off maybe just maybe they will actually do it this time ! They NEED the revenue badly !
[therealbubbie] heres my take on the tariffs.. they will come up with some sort of excuse .. some article before Aug ... prove me wrong Iraq !!
[therealbubbie] heres a real fact ... the market price is up to 1337 .. and it seems to be going up most days when they have an auction .. the CBI is not controlling it
[therealbubbie] could be that their letting it go up so people will trade in there dinars for dollars .. maybe
[tlm724] yes that is what I have thought too !
[therealbubbie] here is a site I found .. it's Rabee securities , they show the daily market price of the dinar ... and right now it shows 1370 compared to CBI's rate of 1337 ..
http://www.rs.iq/
[tlm724] dayum
[therealbubbie] 1370 !!
[tlm724] shakes head
[therealbubbie] and nothing is done ..
[tlm724] exactly as that opinion piece from earlier said !
[therealbubbie] Rabee Securities (RS) was founded on January 7th 1995, and is headquartered in Baghdad. RS is licensed and regulated as Securities Brokerage Company by the Iraq Stock Exchange (ISX). We are one of the premier brokerage houses catering to institutional investors
[therealbubbie] headquartered in Baghdad.
[therealbubbie] and I believe their rate over CBI's !!
[tlm724] therealbubbie thats good stuff tyvm !
[tlm724] here is a screen shot from their site
[therealbubbie] headquartered in Baghdad.
[therealbubbie] and I believe their rate over CBI's !!
[tlm724] therealbubbie thats good stuff tyvm !
[tlm724] here is a screen shot from their site
Exchange rate changes is a global phenomenon
[tlm724] said, but for this institution privacy in making independent decisions with regard to monetary policy,
[tlm724] which must be consistent with the general economic policy of the state because the bank is one of the issues the currency and run by a government and its agent and financial adviser Bank !!!!!!!!!!!!!!!!
[tlm724] we can say that there are relatively successful check in relation to the objective basis and is maintaining a local rate stable, but the process of strengthening sustainable growth, employment and prosperity remained targets outside the scope of the potential and the reason is due to the lack of economic activity
[tlm724] employment and prosperity remained targets outside the scope of the potential and the reason is due to the lack of economic activity !!!!!!!!!!!
[tlm724] and why is there NO economic activity ?????????????
[tlm724] because of the actions of the CBI and the lack of legislation that supports the country and it's goals for monetary policy advancement !
http://ift.tt/1KTKgqp
[tlm724] said, but for this institution privacy in making independent decisions with regard to monetary policy,
[tlm724] which must be consistent with the general economic policy of the state because the bank is one of the issues the currency and run by a government and its agent and financial adviser Bank !!!!!!!!!!!!!!!!
[tlm724] we can say that there are relatively successful check in relation to the objective basis and is maintaining a local rate stable, but the process of strengthening sustainable growth, employment and prosperity remained targets outside the scope of the potential and the reason is due to the lack of economic activity
[tlm724] employment and prosperity remained targets outside the scope of the potential and the reason is due to the lack of economic activity !!!!!!!!!!!
[tlm724] and why is there NO economic activity ?????????????
[tlm724] because of the actions of the CBI and the lack of legislation that supports the country and it's goals for monetary policy advancement !
http://ift.tt/1KTKgqp
via Dinar Recaps - Our Blog http://ift.tt/1cXfb7h
No comments:
Post a Comment