Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Iraq an economic Study
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:ReVbo™:MV8xNzI0NTM4XzM0NDMwMTY4XzQzQzIwMzdD] http://dinaralert.webs.com/apps/forums/topics/show/8270039-urgent-parliament-decides-to-cancel-the-government-s-decision-about-replacing-ration-cash-allowance-vocal tlar: This is good that this is happening because of pressure from the IMF. Maliki agrees to cancel the card then says we will put forth cash payments instead of the card and parliament says no its unconnsitutional. The only way they can cancel the ration card is to do it simultaneously with the raise in value or just after the raise in value. The State of Law is in a quandry. In order to be accepted into the world banking system the IMF is demanding they stop the cards. They have told Iraq to do this for years now. Iraq, under the Maliki government, has finally agreed. Dr. Shabibi was pushing for this and the implementation of the tax and tariff law for at least since the beginning of 2010. Both of these things go hand in hand and are necessary to install a free market. The three basic controls to inflation and dinar support are not yet in use. The three tools are Taxes and tariffs, exchange rate and the aUctions. Shabibi did a good job with only being able to utilize the auctions to support the dinar but as this economy heats up they will need to have all three tools activated. The ration card cannot be dropped until they raise the currency. Even Maliki's government realizes that now. It would be inflationnary and would probably cause riots and demonstrations. We saw the truth of that last week in the demonstrations against the removal of the ration card in March. The Maliki government will soon come to the conclusion that in order to have a functioning economy and to actually have a free market society, the must release the other two tools. IMHO based on their first date of March 2013 that was the planned date to get rid of the card that they will raise the rate sometime in Jan through March. Certainly before what was their planned date. In addition this government cannot tell the people "don't worry folks, we will have raised the rate to 1 to 1 before then" for obvious reasons. Remember the SOL's and Maliki's war was with the central bank before because of a clash of ideals and personalities. For the time being that war is over and now they must deal with realities on the ground. The easy way for them to progress is to implement those illusive tools, the taxes and tariffs and the exchange rate. I look for the tax and tariff law to be again on their plate sometime in December. To my knowledge it is still scheduled to go into effect in January. It too is extremely inflationary by itself. It has to be introduced in an environment where the currency has value and it is international in order to not also be inflationary. So again IMHO this is why they on paper at least have to do something with the currency. If this law is left alone and is implemented in January we will see our RV. All of this is economics 101. [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Underground City Of Giants Discovered In The Grand Canyon
Behold a Pale Gun Confiscation Agenda
Electromagnetic Pulse: One Day We Will Wake Up In An America Without Electricity And Society Will Totally Break Down
Obama Preparing More Executive Actions on Gun Control
Matt Drudge Drops Bombshell Warning in Surprise Interview — “I had a Supreme Court Justice say to me it’s over”
Aliens Exist: Here Is The PROOF
Moon Landing A Hoax? Here’s 10 Reasons Why
Nobel Prize for Physics for discovering the mass of neutrinos
WATCH: Fire ants form life rafts out of their own bodies in order to survive historic flooding in South Carolina.
America's cities will collapse into utter chaos the day the EBT cards stop working
Watch: Peruvian Teen Convulses After Playing Ouija Board App (Video)
Huge Container Ship Disappears In Bermuda Triangle
Mysterious Alien Being Discovered In a Secret Chamber Inside the Great Pyramid in Egypt
This Indian River Water Has Reduced For The First Time In History And The Secret Hidden Inside Them?!
This Mind-Blowing Video About The Universe Is The Reason You Won’t Sleep Tonight
Steven Seagal: Mass Shootings in the US are "Engineered
Google’s FaceNet can detect a face in a 260 million image database with almost 100% accuracy.
It’s the end of the world again, for real this time (maybe)
U.S. Senate candidate admits to sacrificing goat, drinking its blood
Montana Law Taking on Federal Militarization of Police Now in Effect
Was Aleister Crowley The Grandfather Of George W. Bush?
“Camping” on Your Own Land is Now Illegal — Gov’t Waging War on Off-Grid Living
Media Continues to Call for the Use of Gov’t Force to Confiscate Millions of Guns
Hillary’s Already Planning to Sign Executive Orders for Gun Control If She’s Elected President
Free Speech Watch: Prior Restraint Makes a Comeback as US Courts Seek to Squelch Dissent
This Flag Represents The Principle, "Fight For What You Believe In."
This Is The Rebel Flag, "You're Either Free Or You're Not."
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.004s (3 queries)