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Millionday Roundtable 4/24/15  Part 2

Welcome to dinarupdates.com and Roundtable with Millionday!

Millionday: Jubouri also demanded the adoption of important laws and necessary that affect the lives of citizens and significantly affect the functioning of the political process as the law of the Federal Court and the law of parties, and the law of oil and gas in addition to the National Guard Law.

Millionday: She said al-Jubouri in a statement to Radio tow that there is a difference in views between the political blocs on those particular laws Parties Law and the Law on the National Guard, 

which the government program focused during this period, noting that there are many sessions will be held between the heads of the blocks and the competent committees to work on fueling those laws.

Millionday: SO THERE WILL BE MANY SESSIONS HELD AND HOLIDAYS ARE CANCELLED TO GET THE MOST IMPORTANT LAWS IN PLACE 
~~~


 

KTFA:

FrostyTheSnowman:  Get excited!  IMO ... these "50's" aren't expiring just because the CBI wants to look busy.

ZOCHOWSKI ? April 24th, 2015, 5:40 pm 
AFTERNOON "FROSTY" 

HERES A THOUGHT FOR YA.............

ALL THOSE 50 NOTES THAT HAVE BEEN BROUGHT IN?????????

WILL THOSE PAY FOR THE 700M LOAN THAT WAS RECIEVED TUESDAY/APRIL 21ST??????????


LMAO, TO PAY FOR IT IN MAY OR COVER A SUBSTANTIAL PART OF IT, HOW BOUT THE INTEREST??????????
....


Millionday Roundtable 4/24/15  Part 1

Welcome to dinarupdates.com and Roundtable with Millionday!

Millionday: Baghdad, The Iraqi government approved on Thursday a law allowing citizens to withdraw money from their bank accounts up to 100 million dinars (US $ 84 388), only after the passage of years since the adoption restrict fiscal drag system from banks at 25 million dinars ($ 21 thousand).

Millionday: NOTE -- THIS IS A RAISE FROM THE 25 MILLION TO 100 MILLION ALLOWED FROM BANKS

Millionday: NOW THIS IS VERY INTERESTING FOR MANY REASONS --- AND THEY EXPLAIN MANY OF THEM WE WILL DISCUSS

Millionday: The move, according to observers, within the government's attempts to control the phenomenon of the adoption of the dollar in the Iraqi market through large daily transactions, Kelsafqat business, buying and selling real estate, because of the scarcity of local currency.
~~~


The below posts were in our 6pm newsletter

(Post Emailed to Recaps)

Breitling  [Why bonds in dollars would lead us to believe they are about to raise the value of the dinar?]  This is a very important subject.  

1.  The CBI is trying to suck up the US dollars in Iraq and that has to do with competition within Iraq itself...If they are not using the Dinar they are using the dollar.  

As long as there are a certain amount of dollars in the economy that destroys the velocity of the dinar.  
~~~


  
Stage3alpha:

R.V./GCR:  April 24, 2015 If groups get clearance to start... watch the end of the day for best opportunity

Wilbur grodan:  MARKET ACTION evidence that IT IS HAPPENING!!

D.K.C.  4-24-2015 Jester   THERE IS A LOT OF POSITIVE EXPECTATIONS RIGHT NOW...THINGS ARE CREEPING EVER SO SLIGHTLY THE RIGHT DIRECTION...IT IS ONLY A MATTER OF TIME...

DO NOT BE CONCERNED THAT IT IS NOT GOING TO HAPPEN...IT IS HAPPENING.
....


  
Susan Morris   APRIL 24, 2015 AT 7:58 AM  Well said, JC. I, too, am all for empowement of the people, but surely it is within a certain (externally-imposed) set of parameters? 

Or are you actually saying that 'it doesn't have to be this way', and that even now we can get involved and alter the (until-now) pre-determined future?

Toknowyourenemy   APRIL 23, 2015 AT 10:09 PM  There was no need for the export of good manufacturing jobs due to the imbalances of the currency......money printing, going off the gold standard, yup - but that doesn't explain the majority of the job losses.

 Closed markets alone account for a huge portion of the loss. Kodak films could not get their product into Japan and many, many other countries - but we let them come and kill Kodak, another icon of America to be sacrificed on the alter of whatever. 

I say whatever because it was unnecessary. Ridiculous EPA rules, designer taxes, onerous regulations and reporting requirements....this list is truly endless. But I hear what you're saying, thanks for the reply.
~~~


 THOUGHTS ON "FEAR NOT THE DEATH OF THE DOLLAR"  Part 1


Peedspirit 
  APRIL 23, 2015 AT 8:13 PM  JC if you could address the fact that the US government and individuals in the government do not and will not admit fault in their actions taken up to the point of dollar devaluation. 

Also they want to keep their comfy very profitable jobs and so they will raise taxes (to collect their fee) to unbearable rates that will just kill the US economy.

JC Collins   APRIL 23, 2015 AT 8:53 PM  I don't see those things as facts. It's human nature to deny fault. We all do it. The depreciation of the dollar is a required step to position the American economy for real future growth. This may initially seem like a contradiction, but it isn't. 

There are both advantages (such as a reduction in external debt) and disadvantages (reduced international purchasing power) to a depreciating dollar. 

America and it's currency has to be integrated into the multilateral framework. The transition will be somewhat volatile as the pieces, both international and domestic, are positioned. 
~~~


BALANCE OF PAYMENTS CRISES

IMF Unveils New Way of Assessing Country Reserves
IMF Survey

April 24, 2015
IMF develops first comprehensive framework for assessing reserve adequacy
Aim is to help strike balance between benefits, costs of holding reserves
Prudent level depends on country's economic, financial structure

Reserves-in foreign currency, plus gold, held by central bank-have important place in policy toolkit of most economies (photo: Kamran Jebreili/AP/Corbis)

The IMF has developed a new framework for determining the appropriate level of international reserves held by its member countries, emphasizing the need to take account of the specific needs of different types of economies.
....



 

Morning News Comments 04/24/2015 Tariff's

Deputy for the National emphasizes the need to facilitate the work of investors for the advancement of economic reality

[tlm724] the need to facilitate the work of investors to promote the economic reality of the country

[tlm724] "The House of Representatives was able to read the Investment Law second Alqroh," asserting "the country's need to this law, because of the severe financial crisis that has spread to the country.

[tlm724] yeppers I hope we see the 3rd read and vote on the 28th 
~~~


 

Stage3Alpha:

R.V./GCR: April 24, 2015 at 2:43am

Activation of all POWERS ACT now turned on....POWERS ACT ACTIVATES THE LAWS WITHIN THE FEDERAL BUDGET THE TARIFFS THE RATE......


R.V./GCR:  April 24, 2015 at 3:09am

I PRAY....My honest opinion is for group starts to begin before business closes tomorrow (Friday) ....prepare for major adjustments in economic mechanisms in usa for period of seven days also ....since you know whats going on.... help keep public calm as its easy to freak out when someones dirty dancing and some idiot turned the lights on....EASY NOW....
Timberkids....
....


BLC CHAT:  The Iraqi government lifted the roof 04/23/2015

The Iraqi government lifted the roof of banking transactions for citizens

http://www.newsaliraq.com/inews.php?NewsID=315376

[tlm724] The Iraqi government lifted the roof of banking transactions for citizens, thats nice !

[tlm724] yeppers the Iraqi government lifted the roof on withdraws by an increase of $ 63,388 per transaction for large purchases like real estate etc...

[tlm724] the government's attempts to control the phenomenon of the adoption of the dollar in the Iraqi market through large daily transaction    

[RCS1947]  Very Happy   
~~~


The Big Call - Recording Link and Replay #'s for Thursday Night 04-23-15


 

The Big Call - Recording Link and Replay #'s for Thursday Night 04-23-15

RECORDING LINK

Playback number: (559)726-1159
access code 123456#

135 Minutes

The Big Call



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