6-24-2015 *Kaperoni

[Vixen]

6-24-2015 *Kaperoni ~Press Release Quote: "The head of the House of Representatives, Saleem al-Jubouri, Tuesday, that the House of Representatives awaiting the arrival of the oil and gas law, the Council of Ministers in order to read the legislation." One thing is for sure..they are making this next session of parliament out to be the "big" one.

6-24-2015 *Kaperoni ~it would be a great thing if countries could just randomly appreciate the values of their currencies to solve problems. Unfortunately, that is not how it works. IMO, there is a plan. And that plan is that the dinar will rise to counter inflationary pressure created as Iraq diversifies their economy. As more and more investors come in, more and more investment capital comes in, inflation will begin to set in. And to counter that the dinar will appreciate in value. All the tools are being put in place..tariffs, bonds, 5 trillion small/med business loans, etc. All designed to kick start the economy, stabilize Iraq, create an investment climate that continues to grow..creating the pressure needed to raise the value of the dinar...from the IMF Article IV Consultation..the Balassa-Samuelson effect - "countries with rapidly expanding economies should tend to have more rapidly appreciating exchange rates."