Tuesday
Afternoon Dinar Chatter
12/31/2013
TNT:
[Firefly] The Gazette clearly states the Tarriff law will be in effect on Thursday Jan 2nd 2014
[bp34] Firefly - don't they have to have a tradeable currency for that
[fuldon35] The tariffs sound more concrete to me, no matter what US does it is a step in the final direction.
[bananna hands] why cant you have a tarriff at the current rate?
[jaya44a] The 2nd is just around the corner... I'm waiting to see what happens.
[Austin-Powers-For-PM] bananna hands Because you would have an overnight 20% increase in inflation for almost all foreign goods, and since Iraq doesn't manufactur squat, that 20% will go be paid immediately by the general public. If you raise the rate to say, 3.44, that gives the typical Iraqi 3x greater purchasing power, thus overcoming the effects of the tariff.
....
Read More Link on Right
[Firefly] The Gazette clearly states the Tarriff law will be in effect on Thursday Jan 2nd 2014
[bp34] Firefly - don't they have to have a tradeable currency for that
[fuldon35] The tariffs sound more concrete to me, no matter what US does it is a step in the final direction.
[bananna hands] why cant you have a tarriff at the current rate?
[jaya44a] The 2nd is just around the corner... I'm waiting to see what happens.
[Austin-Powers-For-PM] bananna hands Because you would have an overnight 20% increase in inflation for almost all foreign goods, and since Iraq doesn't manufactur squat, that 20% will go be paid immediately by the general public. If you raise the rate to say, 3.44, that gives the typical Iraqi 3x greater purchasing power, thus overcoming the effects of the tariff.
....
Read More Link on Right
[mike1422] Austin-Powers-For-PM fols are saying that Iraq is
out of money... do you think that the tarrifs will help with the cash crunch
[wycoffjul] bananna hands This is what Poppy3 said in the forum post if it helps: without the rate change the hcl, tariff and bonds where all useless. They can't produce cash flow without value.
[Austin-Powers-For-PM] bananna hands Imagine if just about everything here in the States (except food) instantly became 20% more expensive without an associated pay raise. There would be massive discontent in our society. Now take that to Iraq where when they get mad they just start blowing things up and it would make for a very nasty environment.
[Austin-Powers-For-PM] mike1422Tariffs are designed to help local maufactures work on a level playing field so that they can get themselves up to speed. Tariffs can certainly provide more money to the government, but I don't know if it will be a major part of eliminating their cash crunch.
[mike1422] Austin-Powers-For-PM ok ty
[bananna hands] vietnam has done okay at 20k to 1. this just confuses me
[Firefly] bananna hands True, BUT VN has tradeable currency, Iraq to date has not
[Austin-Powers-For-PM] bananna hands Totally different senario from Iraq. They artifically inflated their currency to make everything there as cheap as possible so as to attract manufacturers to assemble their products in Vietnam. However you can't use that strategy forever and at some point your currency has to reflect your reality.
[Firefly] Their release of chapter vii is the only factual evidence I have that their currency must go international
[Austin-Powers-For-PM] Firefly My understanding is that one of the contingent factors in their release from Chapter 7 (not published of course) was that they had to make their currency international no later than January 1st, 2014 or be subject to going back under Chap. 7. Now everybody thought they'd do it wayyyyy before January 1st, but as normal, they and the PTB's have taken this all the way out to right now.
[Moonchild] Austin-Powers-For-PM so you think that the RV will be tomorrow?
[Firefly] Austin-Powers-For-PM from my understanding you would be correct !
[Austin-Powers-For-PM] Moonchild Well if we look at the tarriffs going into effect the morning of January 2nd over in Iraq, I would have to think that they are looking at releasing this sometime late tomorrow.......but that is purely my speculation.
*************************
I4U:
[nolaspice] HEY EVERYONE -ITS NEW YEARS EVE!!!!!!!!
[nolaspice] I wish I had magic wand. It would make everyone love being alive as much as I do! It would sprinkle gratitude dust and laughter glitter! My wish for the coming year for us all - that we find a way to feel as hopeful and optimistic each day as we do on New Years Eve! Sending out love to all my amazing friends! Life really is what we make it, so how about making your's fantabulous!
[vic406] (RUMOR) OK I did not want to repeat if all ready known but as of a couple of hours ago I was told that maliki was taken into custody and resigned his power to the military yes its all over aljazera and other Arabic services just got the call from my Jordanian friend
[mbillions] vic406 what is the status on Maliki hon?
[vic406] Millions he has not called back yet but if you give a couple I will shoot him a call
[bailey2..] vic406 I appreciate that
[vic406] So here's the update it seems they focusing on the forty some odd pm,s that walked away from there posts and alwani as well as m giving his authority to the military
[mbillions] vic406 hmmmm I wonder when it will hit mainstream media...
[Stash] I have been watching Iraqi TV and have seen nothing abt that
[mbillions] Stash Stash hmmmm
[vic406] He's always been acuarate but like I said this is what he's getting on TV in Jordan so time delay not wanting to get abroad who knows as soon as I get more I will let ya know
[Papa Bear] Folks I have been asked what effect Malilkas arrest has on our RV .My answer is none because this is a GCR however I would be quick to add if he has been arrested and relinguished power it is good for Iraq and its people. He has kept the pot stirred
************************
MIG:
[timo] Never slap a man who's chewing tobacco.
[timo] Never kick a new cow pat on a hot day.
[timo] There are 2 theories to arguing with a woman...neither works.
[timo] Never miss a good chance to shut up.
[timo] If you find yourself in a hole, stop digging.
[timo] The quickest way to double your money is to fold it and put it back in your pocket.
[timo] There are three kinds of men: The ones that learn by reading. The few who learn by observation. The rest of them have to pee on the electric fence and find out for themselves.
[timo] After eating an entire bull, a mountain lion felt so good he started roaring. He kept it up until a hunter came along and shot him. The moral: When you're full of bull, keep your mouth shut.
[timo] The older we get, the fewer things seem worth waiting in line for.
[timo] Long ago when men cursed and beat the ground with sticks, it was called witchcraft. Today it's called golf ......
************************
KTFA:
jdtolle » December 31st, 2013, Too precious to waste
This is your life, so don’t settle for a cheap imitation. Live each moment of it with substance.
Life is too precious to waste even a little bit of it on meaningless junk. Give your time, your attention, your efforts and your energy to what really matters.
If something doesn’t concern you, don’t let it consume you. If something doesn’t really matter, then let it go.
There are only so many hours in this day. Choose to spend every one of those hours in the service of what truly matters.
Your priorities are based not on what you say or intend, but on what you actually do with your time. Choose positive, meaningful priorities by spending your time in positive, meaningful ways.
Devote yourself to what truly matters. And add more richness to your world with each passing moment.
— Ralph Marston May All Have a Safe, Warm and Blessed Day
http://www.dinarrecaps.com/1/post/2013/12/tuesday-afternoon-dinar-chatter15.html
[wycoffjul] bananna hands This is what Poppy3 said in the forum post if it helps: without the rate change the hcl, tariff and bonds where all useless. They can't produce cash flow without value.
[Austin-Powers-For-PM] bananna hands Imagine if just about everything here in the States (except food) instantly became 20% more expensive without an associated pay raise. There would be massive discontent in our society. Now take that to Iraq where when they get mad they just start blowing things up and it would make for a very nasty environment.
[Austin-Powers-For-PM] mike1422Tariffs are designed to help local maufactures work on a level playing field so that they can get themselves up to speed. Tariffs can certainly provide more money to the government, but I don't know if it will be a major part of eliminating their cash crunch.
[mike1422] Austin-Powers-For-PM ok ty
[bananna hands] vietnam has done okay at 20k to 1. this just confuses me
[Firefly] bananna hands True, BUT VN has tradeable currency, Iraq to date has not
[Austin-Powers-For-PM] bananna hands Totally different senario from Iraq. They artifically inflated their currency to make everything there as cheap as possible so as to attract manufacturers to assemble their products in Vietnam. However you can't use that strategy forever and at some point your currency has to reflect your reality.
[Firefly] Their release of chapter vii is the only factual evidence I have that their currency must go international
[Austin-Powers-For-PM] Firefly My understanding is that one of the contingent factors in their release from Chapter 7 (not published of course) was that they had to make their currency international no later than January 1st, 2014 or be subject to going back under Chap. 7. Now everybody thought they'd do it wayyyyy before January 1st, but as normal, they and the PTB's have taken this all the way out to right now.
[Moonchild] Austin-Powers-For-PM so you think that the RV will be tomorrow?
[Firefly] Austin-Powers-For-PM from my understanding you would be correct !
[Austin-Powers-For-PM] Moonchild Well if we look at the tarriffs going into effect the morning of January 2nd over in Iraq, I would have to think that they are looking at releasing this sometime late tomorrow.......but that is purely my speculation.
*************************
I4U:
[nolaspice] HEY EVERYONE -ITS NEW YEARS EVE!!!!!!!!
[nolaspice] I wish I had magic wand. It would make everyone love being alive as much as I do! It would sprinkle gratitude dust and laughter glitter! My wish for the coming year for us all - that we find a way to feel as hopeful and optimistic each day as we do on New Years Eve! Sending out love to all my amazing friends! Life really is what we make it, so how about making your's fantabulous!
[vic406] (RUMOR) OK I did not want to repeat if all ready known but as of a couple of hours ago I was told that maliki was taken into custody and resigned his power to the military yes its all over aljazera and other Arabic services just got the call from my Jordanian friend
[mbillions] vic406 what is the status on Maliki hon?
[vic406] Millions he has not called back yet but if you give a couple I will shoot him a call
[bailey2..] vic406 I appreciate that
[vic406] So here's the update it seems they focusing on the forty some odd pm,s that walked away from there posts and alwani as well as m giving his authority to the military
[mbillions] vic406 hmmmm I wonder when it will hit mainstream media...
[Stash] I have been watching Iraqi TV and have seen nothing abt that
[mbillions] Stash Stash hmmmm
[vic406] He's always been acuarate but like I said this is what he's getting on TV in Jordan so time delay not wanting to get abroad who knows as soon as I get more I will let ya know
[Papa Bear] Folks I have been asked what effect Malilkas arrest has on our RV .My answer is none because this is a GCR however I would be quick to add if he has been arrested and relinguished power it is good for Iraq and its people. He has kept the pot stirred
************************
MIG:
[timo] Never slap a man who's chewing tobacco.
[timo] Never kick a new cow pat on a hot day.
[timo] There are 2 theories to arguing with a woman...neither works.
[timo] Never miss a good chance to shut up.
[timo] If you find yourself in a hole, stop digging.
[timo] The quickest way to double your money is to fold it and put it back in your pocket.
[timo] There are three kinds of men: The ones that learn by reading. The few who learn by observation. The rest of them have to pee on the electric fence and find out for themselves.
[timo] After eating an entire bull, a mountain lion felt so good he started roaring. He kept it up until a hunter came along and shot him. The moral: When you're full of bull, keep your mouth shut.
[timo] The older we get, the fewer things seem worth waiting in line for.
[timo] Long ago when men cursed and beat the ground with sticks, it was called witchcraft. Today it's called golf ......
************************
KTFA:
jdtolle » December 31st, 2013, Too precious to waste
This is your life, so don’t settle for a cheap imitation. Live each moment of it with substance.
Life is too precious to waste even a little bit of it on meaningless junk. Give your time, your attention, your efforts and your energy to what really matters.
If something doesn’t concern you, don’t let it consume you. If something doesn’t really matter, then let it go.
There are only so many hours in this day. Choose to spend every one of those hours in the service of what truly matters.
Your priorities are based not on what you say or intend, but on what you actually do with your time. Choose positive, meaningful priorities by spending your time in positive, meaningful ways.
Devote yourself to what truly matters. And add more richness to your world with each passing moment.
— Ralph Marston May All Have a Safe, Warm and Blessed Day
http://www.dinarrecaps.com/1/post/2013/12/tuesday-afternoon-dinar-chatter15.html
1 comment:
Confucious say, "Man who put rooster in freezer at night, wind up with frozen cock in the morning." He also say, "Woman who fly upside down, have nasty crack up."
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