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Saturday, June 27, 2015

News Summaries from Aggiedad77 at KTFA for June 27

-KTFA-

aggiedad77 » June 27th, 2015

Saturday News Summaries and Commentaries

Economic adviser to the servants, the central bank must find a realistic price for the price of the dinar exchange Intasp with oil prices


I so enjoy reading things when Dr.S and Dr. Saleh appear to be doing things in tandem......a coordinated effort of sorts it would seem....let them crow because they know what is coming.....aligning the price of the dinar with oil, maintaining stability to ensure a smooth progression of the MR......

They understand what it will take to fully see the original dream for this currency to once again thrive.....cautious and calculated moves on their part will be what is required, not the political knee-jerks from members of Parliament who want their 15 minutes of fame and then wither in the flames of the fire..

Give the CBI some operating room, they know what must happen....allow them to perform the work they understand has to happen....the final solution is a complicated one, it cannot and will not lay in one simple form but takes on the form of many, the oil, the economic recovery, the levels of inflation, banking interests across the country, how payments are to be made, all of this is a huge balancing act....

The politicians have not a clue to its true inner workings and thus need to stand clear and watch and be amazed at the end result for Iraq and the world.

Central Bank: We are no longer bound by budget constraints on the dollar auction and wait for the federal decision in July

Break the ties that bind....the CBI has done just this....they know what the result will be in July from the court....otherwise why would they have stepped so bold in June.....theirs is a system of repair and renewal....

Give it time you will see that from what the politicians attempted to put into chains and cause restrictions will come forth a renewed effort by the CBI and Dr.S to bring this project into being in such a way that Iraq will not only be proud but respected for their efforts,

Their currency will become something to be reckoned with....herein they lay hints of good things to come.....

Note the Finance Committee is not fighting what the CBI is doing this month....they know what is coming, they know they were wrong to tie things up as they did earlier, they are just slow to admit it.

Central Bank: the process of selling the dollar is not a marginal

Notice in this article the CBI is telling you that the Ministry of Finance...not the CBI....but the Ministry of Finance does not have enough dinars....they can't make payments, they can't make salaries because they don't have enough currency.....don't hamstring things....

This is all tied to the economy of Iraq.....let the CBI do its work so the economy can get back on track again....if the Bank doesn't control the money supply everything is weakened....people tend to take money out of the country in fear of keeping it close....

The economy collapses....what we've witnessed over the past 5-6 months.....let the CBI work and see how things will turn around.

Central Bank: monetary policy will not be able to set the dollar's exchange rate against the Iraqi dinar

Stability and security....important aspects of the monetary policy.....both are things that need to be in place....the CBI is working to put them back where they were and given time it will happen....they are making good strong inroads now even....but they do need help from some government entities to control such things as borders (land, sea, and air) to bring an end to smuggling and other money laundering activities.....

The CBI is not charged with large scale efforts in that direction....watch as they continue to tell us their monetary reserves....those reserves at the CBI remain ever strong, at least 2 times what is on the street currency-wise....some even say 3 times.

POST 127 BY WS IS IMPORTANT FAMILY AND HE'S ADDED TO IT AS THE MORNING GOES ON...THIS IS GOOD NEWS,

I'VE SORT OF WHETTED YOUR WHISTLE HERE WITH A LITTLE FROM IT.....TAKE TIME TO STUDY THESE ARTICLES.....

WE HAVE FAMILY COMING INTO TOWN TODAY SO MY TIME ON NEWS WILL BE QUITE LIMITED...BUT WILL TRY TO PEEK IN AS I CAN AND WRITE WHAT I CAN.....

KEEP SMILING GOD IS IN CONTROL AND YES....THE BEST IS YET TO COME!!

Aloha Randy

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