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Message Subject Iraq an economic Study
Poster Handle ReVbo™
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It's rare that I get to dabble in conspiracy in Dinarland, but I got a chance today. Any thoughts?

[link to dinaralert.webs.com]

Haitham al-Jubouri called "central" to raise the value of the Iraqi dinar against the dollar

Special Reports

Baghdad and agencies

Wednesday, October 10 / October 2012 10:10:11 GMT

A member of a coalition of state law, MP Haitham al-Jubouri that the Iraqi currency recent بالآونة witnessed great volatility represented in the low price of the Iraqi dinar against the U.S. dollar and this dire economic damaging of all citizens calling on the central bank to work on raising the value of the Iraqi dinar against the U.S. dollar exchange rate.

Jubouri said the central bank should take its role in this issue as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of the Iraqi dinar and the equivalence in U.S. dollars.

Jubouri said it is necessary to do no harm Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 in order to budget properly determined. Adding that currency volatility prices borne by the central bank and traders.



[link to translate.google.com]

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Revbo:
Just thinking out loud here, but this could be Jabouri and Maliki trying to position themselves as the good guys in Iraq against the CBI. So, they attack the CBI as corrupt and, by demanding an increase in the value of the dinar, they're telling the Iraqis that it's the CBI, not GOI, who's keeping them poor. If they're really going to make a run at the CBI, they need the population on their side, and it's been my understanding, for a while, that the average Iraqi likes the central bank and doesn't much care for the government.

Again, just throwing this out there, but follow me down the conspiracy path for a moment. What if Jabouri knows Shabibi is gonna pull the trigger in a few days (Our 17 days is almost up*), and he's trying to get out ahead of it, so he can claim credit when it happens? So, he threatens Shabibi with corruption charges and demands an increase. Then, when Shabibi does it, Jabouri can claim it was because of pressure he applied. Shabiibi ends up looking like he backed down, and Jabouri is the hero.


*The 17 days reference is from Kaperoni mentioning, about two weeks ago, that his contact had told him that there was a "trading platform" established to trade dinar after the float happens, and that they needed 17 days to get the systems online and training done. If you frequent Dinar Vets, you would have seen, yesterday, he told Shredd, of Bondlady's site, that he had seen the trading room.

Kaperoni's post on this article from the thread at DinarAlert:
IMO they are clearly not talking about raising the value from 1200 dinars or so to 1166 when the article talks specifically about the adoption of the budget. The budget articles clearly show 10-20 trillion deficit not to mention an increase in "investment" next year of about 6 trillion dinars. Iraq needs to make the dinar internationally convertible at a rate that will begin to benefit them not only on the budget, but other areas such as the ISX, WTO, etc. They will never prosper and bring any wealth to the people until that occurs. This article is asking the CBI to raise the value...or begin the free float. We are talking about a substantial increase.


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