Munny Model Timelines (UPDATE)

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Originally Posted by Elfwizard

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?

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Munny's Models are a load of s**t! No one really cares about your charts no one takes notice! save your time and effort!

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Originally Posted by Bubba Dinar

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!!

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:smile: :cool: :wink:

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Originally Posted by screwball

Munny's Models are a load of s**t! No one really cares about your charts no one takes notice! save your time and effort!

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Sounds like defensive denial to me.

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Originally Posted by Elfwizard

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?

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Why in the heck do you guys come in here late at night with negative news. Where have you been all day?

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Originally Posted by ChiefWealth53

Why in the heck do you guys come in here late at night with negative news. Where have you been all day?

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.27 by 09 is negative news? That makes me a milionaire in 2 years!!! Geesh!

Seems positive to me!!!!!

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Originally Posted by lndmn_01

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.

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Bahrains exchange rate is 1:$2.7, Oman is 1:$2.6, and Jordan's is 1:$1.4. Saudi Arabias, Quatar, and UAE are all at approximately 1:.27 USD. Are those "within 4%" of each other??? In reality the reverse is true. A high overnight re-val would cause chaos and disrupt Iraqi business. The CBI must move in a measured manner in order to achieve de-dollarization and stable inside/outside markets for the IQD. When Saddam declared his SD (Saddam Dinar) to be worth $3.22 it caused the real value of IQD to drop into the mud and become unstable for the 30 years of his terroristic rule. The CBI won't make the same mistake again. Easiest way to think about it is: Slow Grow is better than No Grow. :biggrin:

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Originally Posted by screwball

Munny's Models are a load of s**t! No one really cares about your charts no one takes notice! save your time and effort!

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Please educate us. We yearn to learn. Give us a synopsis of your theory concerning future IQD value. The more theories the better, and I bet your's a doozy!!!

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Originally Posted by ChiefWealth53

Why in the heck do you guys come in here late at night with negative news. Where have you been all day?

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Please explain to me how .01 to .20 to .27 potential values is negative??? Turns me into a multi-millionare and would rival the returns original Microsoft investors once gained. Becoming a millionare is negative?????

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Originally Posted by MunnyBaggs

Bahrains exchange rate is 1:$2.7, Oman is 1:$2.6, and Jordan's is 1:$1.4. Saudi Arabias, Quatar, and UAE are all at approximately 1:.27 USD. Are those "within 4%" of each other??? In reality the reverse is true. A high overnight re-val would cause chaos and disrupt Iraqi business. The CBI must move in a measured manner in order to achieve de-dollarization and stable inside/outside markets for the IQD. When Saddam declared his SD (Saddam Dinar) to be worth $3.22 it caused the real value of IQD to drop into the mud and become unstable for the 30 years of his terroristic rule. The CBI won't make the same mistake again. Easiest way to think about it is: Slow Grow is better than No Grow. :biggrin:

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Perhaps you should read the IMF regulations, they require a currency be maintained in a (approx.) 4% range. not a 4% range in comparison with other countries but a 4% range from where they start when becoming a member. i.e. the dinar is at 1000:1 when Iraq becomes a member of the IMF. the dinar may increase to no more than 980 dinars to the dollar and may not decline in value any more than 1020 dinars to the dollar.

As for the slow grow I'll use the same example I used earlier elsewhere:

It's not difficult to see the merchants raising prices but the problem comes when long term imports/export contracts are signed.
If I agree to buy 1000 widgets a month from Joe in Jordan at 1000 dinar per widget for the next 2 years, (assuming a steady increase in the value of the dinar of 25% per year) by the time the contract is up I'm paying 50% more per widget then when I started.

Let's not forget the law that was passed requiring all transactions in Iraq to be conducted only in dinar.

Also have you realized that your model shows an increase in the value of the dinar by 200-300 dinar to the dollar every four months or so? You just said that a large revaluation would cause mass chaos but I'm sure you realize that the last 3 increases shown in your model are increase of 60%, 33% and a 100% increase, respectively, in the value of the dinar. Are you really trying to say that a one time revaluation would cause more problems then continuous large increases?