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Update from Kaperoni: "IMF Article VIII will Occur in 2015"

12/10/2014

3 Comments

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Kaperoni:

Article:
"Zebari: the dinar exchange rate remains stable"

Quote:
"views the exchange about the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy."

The key is it appears Iraq has turned to the IMF for help.

And they will follow the rules even more so now.

Which takes me back to the IMF Article IV consultation!

Article VIII and a gradual appreciation.

»»»»»»»»»»»»»»»»»

Article:
"Legislative power: raise zeros will not affect oil prices"

No matter how you look at it..as the float starts or the Law of Indebitness there is no chance the zeros will be gone in 2015.

The articles describing the process from a few months ago clearly stated it could take 4-5 years once it began.

I believe IMF Article VIII will occur in 2015 (which will give freedom of movement of capital to occur), but many people are going to be surprised that the dinar's value will remain low until investment begins to flow into Iraq.

http://www.dinarchronicles.com/intel
3 Comments

Update from Kaperoni: "Previous Government Brought Iraq to the Brink of Collapse"

12/7/2014

0 Comments

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Kaperoni:

Article:
"Rafi Abd al-Jabbar: the previous government brought Iraq to the brink of collapse"

Unfortunately this is true in many ways.

Not only financially, but economically and with the ISIL problem now much of these provinces are now having years of infrastructure damaged.

ISIL does not leave without ruining everything in its path. That being said...nobody knows just how long or how much of this is going to have to be repaired before the banking system can open up to the world. This is an unknown and despite the progress we see and the timeline we think, it could be the one cog in the wheel we just cannot find the answer too.

The true effects of leaving Maliki in office for as long as he was may not be felt until years from now....the banking system must be solid for the world to participate. I would expect that is why the World Bank was given that task from the beginning. All the recent news of theft, money laundering has me wondering if the banking system is anywhere close to being ready for global activity.

»»»»»»»»»»»»»»»»»

The dinar you and I hold is part of a controlled leak by the CBI. They know exactly how much was sold with the intention to bring it back through the world's central banking system. 

http://www.dinarchronicles.com/intel
0 Comments

Update from Kaperoni: "Rasing Oil Exports will Help the Dinar Rise in Value"

12/6/2014

0 Comments

 
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Kaperoni:

Article:
"Iraq on the doors of an unprecedented jump in the export of oil"

Raising level of oil exports will help the dinar rise in value...

Once they pass these laws and the money is flowing into Iraq to invest in other various sectors, the additional exports of oil will be huge.

http://www.dinarchronicles.com/intel
0 Comments
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