IRAQI DINAR INFORMATION

9-26-2011- Med I NOTICED IN THE PAST FEW DAYS PARLIAMENT IS SHOWING SOME INITIATIVE BY LETTING THE GOI, WHICH IS MALIKI, KNOW THAT THEY ARE NOT GOING TO ALLOW BEHAVIOR OR ACTIONS THAT IS DETRIMENTAL TO CENTRAL BANK OR THE DINAR. PARLIAMENT SAID FIND SOMEWHERE ELSE TO GET MONEY FOR THE BUDGET DEFICIENT. A LIGHT WENT ON, IT WAS ABOUT MONEY BUT NOT FOR THE IRAQI PEOPLE, MALIKI WANTS ACCESS TO THE FOREIGN CURRENCY RESERVES AND WHEN THEY REVALUE, IT WOULD NOT BE AVAILABLE. POWER, THEY WANTED TO DISCREDIT CBI TO GET THEIR FUNDS...SABOTAGE OF CBI'S PLANS. OK THAT IS JUST MY TAKE ON IT.

DBL DIGIT INFLATION WOULD BE DEVASTATING. THEY ARE IN HYPERINFLATION BECAUSE OF THE LIQUIDITY. INFLATION WILL RISE SOME WHEN THEY REVALUE, IF IT HIT 8%, I THINK THIS IS ABOUT REDLINE.