Najafi: Iraq is determined to continue to build state institutions
Thu Feb 20 2014 05:29 | (Voice of Iraq)
BAGHDAD - morning
New House Speaker Osama al-Nujaifi, Iraq's insistence and determination to continue the success of the experience of building a state constitutional institutions despite the rugged way, stressing that that experience Antaptha many internal and external challenges.
According to a statement issued by the Office of the President of the House of Representatives, received "morning," a copy of it, Najafi said in a speech during his participation in the Conference of the Union of the parliaments of the member states of the Organization of Islamic Cooperation in Tehran, that "what has been achieved in a project to build a state of institutions of Iraq over the past ten the past leads us to continue the journey until they reach their goals in a democratic constitutional State. "According to the statement, he drew Najafi in his speech that" the Islamic nation without other nations exposed to vibrations serious structural threaten its very existence, present and future, "noting that those vibrations Tazrt the occurrence of internal factors wanted The dispersion of reunification, and other factors external was behind the enemies of Islam historic, stressing that these factors as a whole caused the deepening gaps pseudo between the sons of one religion, and barns ties historic them. "stressed the President of the House of Representatives on the need to" limit the problems of the Muslim community in various its territories in one basket and proceed to our conference to address them through dialogue between all parties to the conflict, both those that are state-to-state or between the system and the people, "noting that by saying that" the incubator of Islamic are the most qualified to handle all crises. "Turning Najafi, according to a statement to the Palestinian cause , said: "The survival of that state hostage hardship Zionist who confronted all Arab initiatives arrogance and determination to continue to approach the settlement, will remain a matter of all the vibrations in our Islamic world, which invites us to tighten our resolve to find a quick solution to this issue secures first place in the establishment of a Palestinian state Independent Jerusalem as its capital, and restores all Palestinian refugees to their homes in the diaspora. "
The head of the parliament met on Tuesday evening, Ali Larijani, head of the Iranian Shura Council on the sidelines of the Ninth Conference of the Parliamentary Union of the member states of the Organization of Islamic Cooperation held in Tehran., And the two sides discussed, on according to a statement received "morning," a copy of it, during the meeting the importance of holding this conference because of its active role in the launch and discuss the problems facing the Muslim peoples, in addition to discussing the Palestinian issue, because he confirmed the two sides need the solidarity of everyone in order to support this historical issue. This has been discussed security and political situation in Iraq, especially the crisis in Anbar, and the need to find a political solution to defuse it, also addressed the search file and the importance of conducting the elections on schedule. Both sides reviewed during the meeting, which was attended by members of the Iraqi delegation, the situation at the regional level, especially the Syrian issue. They also discussed bilateral relations and ways of strengthening them to ensure the common interests.
As part of the connected, met with Foreign Minister Hoshyar Zebari on Wednesday, Iranian Ambassador Hassan Dnaii fled and discussed the upcoming visit to the capital, Tehran.
According to a ministry statement received "morning," a copy of it, that "the two sides discussed the program of the upcoming visit to Tehran and files that will be discussed at the forefront of bilateral issues and the land border and river Shatt al-Arab." The minister stressed that this visit will be an important step in strengthening relations between the two neighbors to in the interest of both countries.
Oil Announces exports and crude oil revenue for the month of January
Baghdad - The Ministry of Oil, the exported quantities of crude oil and the revenue for the month of January, which amounted to 69.1 Sixty-nine million one hundred thousand barrels, while revenues were 7.074 billion seven and seventy-four million dollars.
A spokesman for the Oil Ministry, Assem Jihad, in a statement received by public opinion, a copy of which, on Wednesday, said that "the quantities exported and the revenue for the month of January amounted to 69.1 Sixty-nine million one hundred thousand barrels, while revenues were 7,074 seven billion and seventy-four million dollars."
Jihad said that "the exported quantities of crude oil for the month of January last, Tksmt between Basra oil which amounted to (63.1) Sixty-three million one hundred thousand barrels 6,454 Realized six billion, four hundred and fifty-four million dollars." ...
Quorum "tempt" 4 million people in one month to invest in Iraqi dinars
Thu Feb 20 2014 05:30 | (Voice of Iraq)
Baghdad / term
Revealed the site BBC Trending of the British Broadcasting Corporation for "hustler" Americans used social networking site Twitter, to make profits "penalty" through "delude" More than four million people, within one month, the need to invest in Iraqi currency, which "will increase its value," versus taking a 20 percent commission, while describing the IMF that "allegations" as "very false."
The British Broadcasting Corporation, according to what I have read it (the long-Presse), "The owner of the title of # wearethepeople on twitter American who calls himself the name of TNT Tony was doing Petrgab Americans to invest in Iraqi currency (the dinar), and informing them that their value will go up soon, so that makes everyone between become rich overnight, "indicating that he was" hosts many people in a dialogue session provides them with the latest information regarding the increase of the value of the Iraqi dinar. "
She said the radio, that "Tony was entering fake names of the callers on the site of the con that there are many others interested in the subject so that the number of callers per day for more than 25 thousand people."
She explained BBC, Tony, "baptized in the one to inform callers of times by the presence of confidential information outweighed the rise of the value of the dinar, and that the interest rate charged will be suitable for a limited number of participants to encourage them to buy the Iraqi dinar."
For his part, said a source at the International Monetary Fund, to the radio, that these "false and deceptive claims in full." While radio confirmed, that "experts and analysts from Harvard University and the London School of Economics," refuted allegations duper American Tony describing it as nonsense and dangerous at the same time ", stressing that" the Iraqi dinar has remained stable since 2010, and if they were to change the value of it probably fall more against the dollar does not rise as claimed by Tony. "
The BBC reported that "the dinar coin is available with a lot of brokers in the United States, so the purchase is done through them and they are few dealers are taking 20 percent commission."
The one who Asthutem the idea of buying the Iraqi dinar, named Marquez Kurz, according to the radio, "I bought Iraqi dinars worth three thousand dollars and encouraged friends and family to do so," adding, "I spent two years of my life I visit site Tony on Twitter and talking with others about the deal, which turned out Later they trick ".
She BBC, that there is a "sad cases obtained as a result of this act was to cases of divorce and the loss of some of the people to their homes after spending their money to buy dinars, which can not be paid," afterthought with that "what some still continue with that site."
PEOPLE PEOPLE PEOPLE!! This is why it is SO important NOT TO EMBELLISH ANYTHING!!! LOOK at all the lives that have been ruined. NOT to mention the suicide rates among dinar holders. THE currency is NOT the scam, it is some of the GURUS out there making up FALSE INTEL. Although the IQD rate was 3.20 against the dollar during Saddam's reign of terror, we MUST realize this is a different Iraq today. Iraq is still REBUILDING EVERYTHING. This is not a SPRINT but a MARATHON. So if you get into this investment thinking it will be a quick turn around on your investment, shame on you for NOT DOING YOUR HOMEWORK. This is YOUR MONEY, YOUR FAMILY... PLEASE rely on facts and not gossip. The closest thing we have to FACTS is the NEWS and even then they only tell us what THEY WANT us to know. I do think the IQD will revalue at a nice rate SOME DAY and in accordance to IMF and WB compliance with the CBI. Until then do not waste precious life moments. Feel secure in the decision you have made and keep going to work.. ~~RED LILY
The U.S. dollar is equal to about 1,800 per Iraqi dinars, according to the official pricing, but banking offices sell the dollar by more than 1220 Iraqi dinars currently.
In another context, said Iraqi Oil Ministry, on Wednesday, reduced exports and revenues from oil during January (January), compared to the previous month. And the transfer of an official statement, a spokesman for the Oil Ministry, Assem Jihad, saying that "the quantities exported and the revenue for the month of January amounted to 69.1 million barrels while the income earned 7.074 billion dollars." The oil exports reached during the month of December (December) and 72.6 million barrels achieved revenue of $ 7.470 billion. The average selling price of $ 102 per barrel, the statement said.
In the whole year of 2013, Iraq has exported 872.3 million barrels of oil (an average of 2.39 million barrels per day) compared to 886.8 million barrels in 2012, a decline of 1.63 percent, despite the authorities' efforts aimed at increasing sales in order to re-finance reconstruction of the country.
Being exported the bulk of Iraqi crude oil from the south near the port of Basra, but large amounts are also transported through the pipeline, which connects the city of Kirkuk (240 km north of Baghdad) port of Ceyhan.
The sales of Iraqi crude oil 95% of government revenue and nearly two-thirds of the gross domestic product of the country. And Iraqi officials hope to reach production to 9 million barrels per day by 2017, a goal that is very optimistic, according to the International Monetary Fund and the International Energy Agency. Iraq has the third oil reserves in the world and an estimated 143 billion barrels, after Saudi Arabia and Iran.
Reports: Iraqi Jets Exchanged Fire With Peshmarga Forces in Tuz Khurmatu
By RUDAW
Peshmarga forces south of Tuz Khurmatu. Photo: Rudaw
TUZ KHURMATU - The head of security (Asayish) in the multiethnic and restive town of Tuz Khurmatu said that Kurdish Peshmarga forces had exchanged fire with Iraqi fighter jets over the Hanjir Mountain area, but no casualties were reported and there was no official confirmation of the clash. "Last night several Iraqi fighter jets flew low over the Hanjir Mountain. Peshmarga forces fired at them to keep them away and the jets bombed the area," said Faruq Ahmed, head of security in Tuz Khurmatu. He said the jets had bombed the 16th Brigade of the Peshmarga forces deployed in the Hanjir Mountain area. But Jabar Yawar, spokesman for the Peshmarga Ministry in Erbil, rejected the claim. "Peshmarga forces have not shot at anyone," he said. Tensions have been high in the area since last June, when the Iraqi military’s 16th Brigade refused orders from Baghdad to take part in a security operation in the restive Sunni town of Suleiman Beg in Salaheddin province.
As a disciplinary measure, the army then deployed the brigade of more than 1,000 officers and soldiers to a military camp in Diyala province. That triggered a defection by the entire brigade, which declared itself part of the Kurdish Peshmarga forces. Tuz Khurmatu is located 70 kilometers south of Kirkuk but is under the administration of Salaheddin province.
In November 2012, following high tensions, two people were killed and 10 wounded in a clash between the Iraqi army and Kurdish forces. That led to the Kurdistan Regional Government (KRG) sending in a heavy deployment of Peshmarga forces to forestall the Iraqi army from advancing into disputed areas that are claimed both by the Kurds and the Arab government in Baghdad.
Several Peshmarga officials, contacted by Rudaw, confirmed the latest clash. They said that Peshmarga forces received orders from senior officials to fire at the jets following the bombing. Ahmed said that Abdul Amir al Zaid, head of the Iraqi military’s Tigris Operations Command, had accused Peshmarga forces of firing at the Iraqi jets. A source in the Iraqi army confirmed the clash, but called it “technical.” He said there had been no casualties and that Peshmarga forces are stationed near a site of clashes between the Iraqi army and Sunni militants. Meanwhile, the Peshmarga spokesman rejected reports of a joint force of Kurdish and Iraqi army forces in Kurdish areas outside the KRG's jurisdiction.
Iraqi Prime Minister Nuri al-Maliki ordered the formation of the Tigris Operations Command in the summer 2012 to take over security in the provinces of Kirkuk, Salaheddin and Diyala, which all lie in the disputed territories claimed by the KRG and Baghdad. The KRG has rejected the formation of the Tigris force as “unconstitutional.”
Kurdistan Regional Government denies its agreement with Baghdad on oil export
Thu Feb 20 2014 13:33 | (Voice of Iraq)
Sven denied Dzia spokesman for the Kurdistan Regional Government agreement with the federal government to export oil region to the outside.
The Deputy Prime Minister for Energy Hussain al-Shahristani, has revealed the approval of the Kurdistan Region on the export of crude oil from the region through the State Oil Marketing Organization "Sumo", returned it "an important step forward."
He added Dzia in a statement published by the provincial government, on Thursday, "After meetings between the delegations of the provincial government and the federal government in Baghdad and put points both sides, it was agreed that in the coming days will be the answer to the proposals of the two parties on the issue of the export of oil by the provincial government to the outside" .
The official spokesman of the government of Kurdistan: a positive change in the attitude of Baghdad, despite the survival differences
Thu Feb 20 2014 13:27 | (Voice of Iraq)
Sven Dzia: Iraq officials spend most of the weekend in the region
Erbil confirmed Sven Dzia, the spokesman for the Kurdistan Regional Government of Iraq that the last meeting between the federal government and the government of the region, although it did not solve all the problems that went Kurdish delegation to Baghdad in order to solve them, the positive changes were observed in the position of the Federal Government of the outstanding issues, with the exception of Baghdad insists it is about the file, which is the oil of the most important problems that are still pending between the parties.
And between Dzia told «Middle East» that «the current position of the Iraqi government, particularly Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, differed completely from the previous meetings, they did not hear the Kurdish delegation accusations take positions illegal and illegitimate and violating the constitution with regard to file oil, as it was heard in the past, but there was confirmation that Baghdad does not object to the export of the region's oil, but the company (SOMO) government should oversee the mechanism of export sales and revenues and deposited with the Bank (PDF E) American then send the Ministry of Finance of the Federal share of the region to Erbil ».
Dzia Baghdad promised to request that he serve as a «make the territory under their mercy evidence that they do not send staff entitlements region of the salaries and allowances». He added that the Government of the Territory «does not object to the partnership between the two sides in all fields of oil and even sell the requirement to deposit the region's share of the proceeds to the branch of Central Bank of Iraq in the region and that the Government of the Territory is free to dispose of its share of the revenue after the ratification of its general budget in Parliament of the region », indicating that« this point is only that the two sides remained at odds on them ».
He stressed that the Dzia «resorting to dialogue is more what you believe the Government of the region to reach a result that satisfies the region and Iraq» hoping that «Baghdad to be the same position». He said that «non-payment of salaries of employees in the region and a clear violation of the Constitution and the law and Baghdad use this issue as a pressure on the political territory». Dzia did not rule out that this act in order to satisfy the masses of influential parties in the government because of the proximity of the Iraqi Council of Representatives election.
He revealed Dzia that Barzani, head of the Government of the Territory, insisted in Baghdad that this action is unjustified and unacceptable and will not accept the people of Kurdistan to be at the mercy of one and asked them to review themselves on this subject and not to manipulate Bakot citizens for political gain election.
He criticized Dzia some Iraqi politicians «who still think the logic of the strong and the weak and the logic of exclusivity decision while many of them have to thank the region not to Antkaddoh because it provides economic ground fertile for Iraq in terms of security and stability experienced, but served them personally and many of them settled with their families in provinces of the region away from the political climate and unstable security and terrorism in Baghdad and other Iraqi cities », pointing out that most of the officials and politicians in Baghdad, Iraq, attending five days, or less, per week and spend the weekend in the region.
FOR ANYONE NEW TO THIS INVESTMENT, THIS ARTICLE IS "WHY" THERE IS TENSION BETWEEN THE MALIKI GOVERNMENT AND THE KRG AND UNDERSTANDABLY SO.
EVEN THOUGH THERE IS POWER SHARING IN THE PRESIDENCIES OF THE PROVINCES, POWER SHARING IS STILL BEING IGNORED IN THE DEPARTMENT OF DEFENSE. THE MINISTRIES ARE SUPPOSE TO REFLECT EACH FACTION, DEPT OF DEFENSE, DEPT OF INTERIOR, DEPT OF SECURITY ARE TOTALLY CONTROLLED BY MALIKI. THIS MAKES THE KURDS A BIT UNEASY.
READ THIS ARTICLE AND YOU WILL SEE WHY. SINCE "ONE FACTION" HAS "TOTAL POWER" OVER MILITARY RESOURCES, I WOULD BE WEARY AS WELL.~~~ RED LILY
Kurdish lawyer demanded compensation for victims, regardless of genocide in Kurdistan from the proceeds of oil region
Thu Feb 20 2014 13:30 | (Voice of Iraq)
The Committee for the Defense definition of crimes of genocide in the 'zone Balkata' on Wednesday, handing over evidence and documents on file genocide suffered by this region to a member of the Committee for the Defense files genocide in the Criminal Court of Iraq.
Delivery of the documents were in the presence of a representative of the Ministry of Martyrs and Anfal in the provincial government, and a group of members of parliaments of Iraq and Kurdistan, and a number of party and government officials and a gathering of people of the area, and the number of those who have been subjected to waves of displacement and bombardment with chemical weapons banned internationally, and media channels.
Defense lawyer for this case in the criminal court of the Iraqi High Eyad Ismail Kakaúa said in a statement to Agence Basenyoz: 'We have received today these documents, and pledged to work to activate the issue Balkata as an issue separate from, for the people and the victims of the Anfal operations and displacement suffered by the districts and areas belonging to that area in order not to denial of compensation in the future. '
According to the words of the lawyer Criminal Court, they (ie the Committee for the Defense), were able to resolve the issues 8 of the total 14 special issue of the Kurdish people in that court, saying the survival of a group of other files inconclusive so far.
As for compensation, he pointed Kakaúa to it and so far have not been compensated not the people of Halabja, nor Albarzanyen and Agerhm of Kurds who were subjected to the Anfal genocide, but that the political pursued by Iraqi Prime Minister Nuri al-Maliki led to cut even strengthened the people, and said: 'You must We all support the policy of the provincial government, so that we do not agree on the deposit of Treasury Iraqi dinars and one source of oil revenues from the region unless the money is paid compensation due to victims of crimes of Anfal and the chemical bombardment of them '.
IMO, THIS ALONE SHOULD BE REASON ENOUGH TO ALLOW THE KRG THE FREEDOM TO CONTRACT ANYTHING THEY SO DESIRE FOR THE GOOD OF THEIR PEOPLE. ESPECIALLY SINCE MALIKI WILL NOT SHARE THE POWER OF THE CENTRAL GOVERNMENT'S MILITARY AND INSISTS ON BEING A DICTATOR IN THIS FRAGILE AREA OF CONTENTION ~~RED LILY
And between Kakaúa that the Maliki government issued through Parliament 7 special resolutions compensation, but they are all in the interest of the Arab component, especially the Shiite Arabs, the Kurdish people did not benefit them at all so that did not make up one of the Kurds affected so far.
AGAIN WE SEE MALIKI NOT REALLY GIVING UP ANYTHING. THE KURDS DIDN'T GET ANYTHING OUT OF THIS DEAL. ANOTHER EXAMPLE OF THE MALIKI "SAVE-FACE CLUB" ... "LET'S MAKE THIS LOOK LIKE I REALLY DID SOMETHING FOR THESE PEOPLE TO THE WORLD, BUT DO NOT GIVE "REALLY" GIVE THEM ANYTHING." ~~RED LILY
The area has been Balkata Since the seventies of the last century and until the end of the Iran-Iraq war in the late eighties, to the five stages of bombardments banned and burned, and the displacement of its own civilian population into forced complexes in southern Iraq.
And the Kurdistan Regional Government and through the Ministry of Martyrs and Anfal in the provincial government lawyer so special, in order to deliver the documents and evidence to the High Court and to compensate the families of the victims and those affected.
Purchasing Power Parity and Arbitrage are two terms that everyone should make themselves aware off as the world’s economy moves closer toward a centralized SDR trade system through the International Monetary Fund with accounts balanced by the Bank for International Settlements.
Purchasing Power Parity is the balance between exchange rates when there is also balance in the domestic purchasing power of the currencies.
Arbitrage is taking advantage of the price imbalances between markets and profiting from the market differentials.
Arbitrage cannot exist alongside Purchasing Power Parity.
M1 money supply refers to physical currency as well as checking account deposits.
For your reference, M2 money is M1 money plus savings accounts and money market accounts.
And M3 money is M2 money plus large deposits and other long term large deposits, such as larger liquid assets as well as short term repurchase agreements.
Keep these terms in mind as we further define the structure and mechanisms of the emerging multilateral system.
As an extension to the SDR’s and the New Bretton Woods series, let us discuss a much talked about and confusing aspect of the system. When the currencies of the world are released from their peg to the dollar and pegged to the SDR supra-sovereign currency which we have been reviewing, there will in fact be a new exchange rate structure.
What this structure will be has not yet been made available to the general population. All the talk of specific exchange rates and timing of release of the rates are not founded in facts or accurate information.
And on the flip side of that there are those who are stating that a Global Currency Reset is a conspiracy theory. To these people those that proclaim such a future “event” apparently do not understand the micro and macro of economic fundamentals or how exchange rates and money supply truly work.
Their argument appears very logical on the surface. As a country increases its money supply through debt creation and currency printing, the value of that currency decreases. More money in circulation means more devaluation of that currency, basic supply and demand principles. So how can a currency revalue upward when there is so much of it in circulation? Makes sense right? Wrong.
If the key performance indicators (KPI) of any countries M1 money supply were that elementary, then we would live in a much simpler world. We can make many examples of why this isn’t the case but none is more obvious than that of the U.S. dollar itself.
If more money in circulation meant a decrease in the value of that currency on the exchange rate market, then the dollar would be almost worthless today, much like the dong and other currencies. More U.S. debt (money creation) has been added in the last 6 years than the entire history of the U.S. itself, from George Washington to George W. Bush. Yet the dollar’s exchange rate has maintained itself within a small range of fluctuation. The reason that the dollar has maintained this exchange rate over the years tells us that there are other KPI’s which need to be factored into the equation when measuring a countries exchange rate and inflation level, outside of direct manipulation of course.
Some of these indirect KPI’s are imports and exports. And there is no direct relationship between M1 money supply increases and inflation.
Since 1944 the U.S. dollar has been the reserve currency which means that international trade imbalances have been settled in dollars. This forced other countries of the world to hold dollars which allowed the U.S. to export the majority of its inflation.
As the U.S. printed more money, expanding its M1 money supply, the inflation which should have settled domestically was in fact exported to the very same markets that were forced to hold a reserve of U.S. dollars in order to balance their trade accounts.
As we reviewed in “Why the Vietnamese Dong Will Reset”, the State Bank of Vietnam was indirectly forced into devaluing their currency in order to attract trade and also be a dumping ground for U.S. inflation as the Vietnamese people used the dollar instead of the dong in their everyday lives.
As the new centralized system of SDR allocation emerges between now and 2018 we will see less U.S. dollars in the foreign reserves of other countries. As an example, in the last 5 years Vietnam has decreased their dollar holdings by almost 50% and at the same time have increased their gold holdings dramatically. Interestingly enough, their SDR holdings also increased by a factor of more than 400%.
The question of what Vietnam will do with the trillions of dong that are now in circulation is a legitimate question. When the exchange rate of the dong adjusts to reflect the economic reality within the country, these trillions of dong cannot be in circulation, as it would create an M1 money supply that is disproportionate to the actual economic weights used for the SDR composition.
Therein lays the solution to the problem.
Keeping with our pattern theme of transitions from micro to macro states, we start with the process of the dollar, the world’s reserve currency, being printed and exported to the central banks of the world to facilitate trade. The inflation and exchange rate decreases that would be logically associated with this increase in the M1 money supply is hidden or sunk into the markets of the emerging economies.
As the world shifts towards the SDR system we will see a similar process unfold. In essence, Vietnam will export their inflation (current M1 money supply) into the SDR bond system just like the United States has been exporting its inflation into emerging markets and countries like Vietnam through trade imbalances. What we will see is Vietnam slowly begin to buy back the dong in circulation and re-capitalize it through the SDR bonds.
Once a predetermined level has been achieved the rest of the dong M1 money supply will remain in circulation and be pegged to the multilateral SDR and not the U.S. dollar. In fact we are beginning to see this process unfold already in the numbers we presented above. This slow trickle will eventually become a stampede out of dollars and into SDR’s. It will be the same for every country.
The U.S. debt will also be rolled into SDR’s and factor into the overall economic weight of that country’s SDR composition. This is where the substitution account we referenced in Part 6 of the SDR series becomes invaluable. This substitution account will act as a transition market for dollars to SDR’s to ensure that current holders of U.S. debt do not see that asset value decrease dramatically as the system shifts. China will utilize this substitution account just as much as the United States Treasury and Federal Reserve.
China will not be dumping dollars. They will transition the dollar debt which they hold into SDR’s through this substitution account. The one aspect that is holding the process up right now in the American Congress (2010 Code of Reforms) is how this dollar to SDR transition will factor into China’s overall SDR composition for the renminbi.
This is one of the hardest aspects of this new system to understand, which is why it is still being negotiated. It would do us well to spend more time in the future exploring the different angles involved in the Great Consolidation aspect of the Global Currency Reset. One cannot exist without the other. It has been intentionally designed this way.
Most don’t know this, but the Syrian pound is already pegged to the SDR, and has been for about 5 years. One can only speculate if this has something to do with the civil war in the country.
What some analysts don’t factor into their equations is how much the economic system of the world will change, and is changing, as we move towards the multilateral monetary system with all the currencies of the world pegged to the SDR. For those who doubt the reality of this new system, the volume of information that has been available and is coming available would seem to prove its existence.
The new system will create Purchasing Power Parity and at the same time eliminate Arbitrage. Arbitrage is one of the economic weapons that the small rent seeking elite use to transfer wealth from the larger disorganized masses. The M1 money supply will most likely also be redesigned to more accurately measure the weights of the new SDR system. – JC CollinsARTICLE LINK
Thanks a very inform post,, Do You have any ink on the possibilities of Iraq not Honoring their Dinars that are outside of Iraq.
Bagdad Invest has posted this several times,, sure would like some sound info , rather than opinions ,, but even opinions
are ok.
thanks LevertBeard
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