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5-6-2015 *Kaperoni

Rumors, Chats & Guru Predictions from other Dinar Sites. IDC does not necessarily agree with, or endorse any of these posts.

5-6-2015 *Kaperoni

Unread postby Vixen » Wed May 06, 2015 9:54 am

5-5-2015 *Kaperoni ~Article quote: "the Ministry of Finance and the General Customs Authority refused to reverse the decision to apply tariffs despite the protest traders and demonstrations that have occurred in some southern ports..." Sounded like they were going to hold off on tariffs (at least in some areas), but now this article is matter of fact...tariffs in effect in all areas.

5-6-2015 *Kaperoni ~Article quote: "the issuance of more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling." Of course, the Iraqis are as confused as we are...and this guy is right...if they were to print (they are not) a 50,000 dinar note and release it, it would increase the money supply, cause the dinar to depreciate in value and the result would be higher inflation. Not to mention, it would not solve any issues they have pertaining to advancing the economy and banking system. As we said many times, this would be outright stupid. Since there are so many articles on this topic, we can only assume this is some creative way to notify citizens of some pending change...but we will all have to wait and watch.
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