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Correct assesment of my success. Luck does come into play from time to time, but hard work is what got me where I'm at. If it does make an overnight "bold" adjustment, great we all win and I admit I was wrong. Until that point slow grow is what the CBI/IMF said would happen and it is what we've seen. I'm not here to be "popular", I'm here to be rich. :cool:Quote:
Originally Posted by deepfreeze
My impression of this model is a simple linear increase in the value of the dinar based on time and that the CBI/IMF has stated that the dinar will increase in value gradualy. But what else are they expected to say? The model does not take into account any changes in the economic fundamentals. This model has been around long before the CBI began their program to combat inflation, before there was any increase in oil and gas production, before there was any improvement in the investment picture, before there was any budget that operated within income or any chage in the security situation in most of Iraq. With all of these changes, wouldn't you expect a different and accelerated model of increasing the value of the dinar? Thank You.Quote:
Originally Posted by MunnyBaggs
ya , munny , throw in some variables and some algorithms or sumthin, that model is frack- a -lackin.Quote:
Originally Posted by Wm.Knowles
LOL!! Your Bogus model is not a Model but a score card of where its been. A "?Real?" Model is used to forecast future events, but your can not do that. Perhaps you should send a copy of it to the CBI so they can better hit your moving targets!!Quote:
Originally Posted by MunnyBaggs
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Originally Posted by Bubba Dinar
Hhhmmm, what number shall we pick today. LOL. :rofl::rofl::rofl:
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Munkeybaggs is a Legend in his own Mind!!Quote:
Originally Posted by Adster
Howdy, Mr. Knowles, long time no talk. Actually the model does take into account all the activity you list. It grows hand in hand as the Iraqi economy grows. In the case of currency exchange value, people are making the mistake of putting the cart before the horse. They believe higher IQD value is what pushes better economics. In reality it is better oil production, infrastructure re-building, debt relief, job creation is what allows Iraq to increase IQD value to its optimum target level. Spelled out accurately by the CBI/IMF and a natural course of events. One mistake I made in releasing the last version of my model was doing it in bits and pieces. I'm currently putting the whole thing together in one single package. It'll have updated stats from 2007, some of the same tables I've already released, and a lot of new material I never did get to finish up. I think if people can read it all in one setting, it will give a clearer picture of what I see is the future of IQD value. If it's OK by Neno, I'll post it up here at RolClub. I'm aiming for Memorial Day to have it completed. Thanks for your replies.Quote:
Originally Posted by Wm.Knowles
MB,
I know you believe there will never be a large re-valuation of the Iraqi dinar. I would really like for those that think that we will see a slow, continuous rise in the value to explain to me how it will work.
With the IMF regulations requiring member nations to maintain their currency value in a (approx.) 4% range it seems to me that the entire argument would be over.
I can only see a slow rise causing massive economic problems for Iraq. If the value of a currency continually increases by (being conservative) 25% a year it seems that it would disrupt all business to the point that Iraq could not function on the world market.
I dunno, Adman, you tell us what the newest rate will be. After all you've jumped on the .66, $1, $1.28, $1.48, $2., $3.22, and even pimping the latest $5.26 numbers. You've been all over the map on picking numbers, far wider than I ever have. I've pretty much stayed in the .01 to .20 zone for the past year. Throw a dart and give us a new overnight re-val, Adman, tis what you do best and most!!!:cool:Quote:
Originally Posted by Adster
Actually munny's model is more right than anyone else I have heard. Slow grow is whats happeneing before our eyes how can you people deny that?