Re: CHAT

by **RamblerNash** Thu Sep 08, 2022 4:40 am

claud39 wrote:I'll throw the question back to you!!

How can you pretend you're right when you don't share real news, when you go several days without posting any news from Iraq!!

Then you, you wonder why the world of the forum does not come any more on your site!!

Instead of being negative, at least try to follow the news of the country by sharing the good and bad news on Iraq, so the members of the forum will make their own opinion!!

But it's a big challenge for you guys, especially when I'm told that because I was sharing real news about Iraq you lost a lot of members!!

I call it controlling information, and you have no rigor about sharing news, you even planted your own forum, and I thank Ponnee for accepting that discussions are possible despite everything!!!

Be more constructive, instead of being negative, and put rigor on your site, and the world will follow you in making their own opinion!!

Claud (Moose)

---

claud39 wrote:I'll throw the question back to you!!

In other words...You are going to side track from answering the question...

claud39 wrote:How can you pretend you're right when you don't share real news, ...

There is no pretence. Once you have an understanding of how an exchange rate works, most of the news is insignificant.

Do you have an understanding of how an exchange rate works?

claud39 wrote:...when you go several days without posting any news from Iraq!!

So...according to Claud...I'm to spend my life posting in the forum, and not do any moose hunting...

claud39 wrote:Then you, you wonder why the world of the forum does not come any more on your site!!

We know the reasons. They were there before you even joined.

claud39 wrote:But it's a big challenge for you guys, especially when I'm told that because I was sharing real news about Iraq you lost a lot of members!!

Fix your translator!!! That's not what was said. Scroll back up and read it again.

claud39 wrote:I call it controlling information, and you have no rigor about sharing news, you even planted your own forum, and I thank Ponnee for accepting that discussions are possible despite everything!!!

Be more constructive, instead of being negative, and put rigor on your site, and the world will follow you in making their own opinion!!

The only one being negative here is you. You are bashing me, others, and more importantly...the forum. Bash me all you want. It doesn't bother me at all, if you already haven't noticed, but bashing the forum because it doesn't meet your standards is a different matter.

Now...Back to the question:

RamblerNash again wrote:Still trying to gain sympathy by continuously claiming someone is negative or insulting when you don't get your way?

Are you really trying to avoid a discussion on the basis that forms your opinion?

How is that magic going to happen Claud? Specifically!!

https://www.dinardaily.net/t94913-opinion-on-the-subject-of-dinars

Do you have answers or a bunch of smoke to blow up everybody's ass?

by **claud39** Thu Sep 08, 2022 9:33 am

Transparency and financial disclosure is a strategic approach for the Central Bank of Iraq

08/27/2022

Samir Al-Nusairi
Economic and consumption consultant

Central banks in the countries of the world (they are stability banks) mainly aim to achieve economic stability by achieving stability in the monetary system and the financial system in accordance with their programs and strategies that aim to maintain stability in the macro economy through the applications of monetary policy tools. Therefore, the Central Bank of Iraq works By achieving its objectives contained in Law 56 of 2004, most notably building sufficient foreign reserves in accordance with special international standards issued by the International Monetary Fund, facing crises, challenges, economic and political shocks, controlling stable rates of inflation rates, interest rates, the general level of prices and stability in the exchange rate, managing money supply, and applying regulations and rules Compliance and Anti-Money Laundering and Terrorist Financing.
The Central Bank’s march has proven that it is following a consistent and strategic approach that depends on transparency, disclosure of financial data, and dealing with international financial organizations and institutions, based on the keenness to restore confidence in international banking transactions, which Iraq has suffered due to reputational risks and negative media impact towards damage to the Iraqi economy and leakage of inaccurate data and information. and fabricated .
Which led the Central Bank’s management to draw up its strategies, and one of its main and subsidiary objectives was to adopt transparency and disclosure locally and internationally about the march of results achieved for the financial and banking sector, and to adhere to the standard international standards applied by sober international banks, which led to the creation of a new and balanced relationship with banks. The international banking institutions are based on confidence in the financial statements presented and announced by the Central Bank .
For example, the Central Bank announced last week, with high transparency and disclosure, a detailed report on the overall financial and economic indicators of Iraq as the financial advisor to the government. Total revenues amounted to 109 trillion dinars in 2021, compared to 119 trillion dinars in 2012 , and exports rose to 102 trillion dinars in 2021 and the public debt rose From 6.5 trillion dinars to 69.9 trillion dinars, imports decreased from 50 billion dollars to 34 billion dollars in 2021, and exports decreased from 96 billion dollars to 73 billion dollars. The important and essential thing in this report is a statement of developments in foreign cash reserves, banking sector capital and deposits And the number of banks with significant growth rates during 10 years, and what confirmed the transparency of the report is the issuance of the International Monetary Fund report for the month of August 2022, which strengthened the data contained in the report issued by the Central Bank .
Also, the Central Bank announces daily and with a comprehensive disclosure of its daily sales of dollars in the foreign currency sale window, according to the classification of each bank and with special criteria for that. International accounting standards that ensure the transparency of financial statements .
From all of this, we note that the Central Bank, with this strategy and with this approach, announces to local and international public opinion the following:
1. The statements issued by it and the Iraqi banking sector confirm the transparency and disclosure of the Central Bank of Iraq by announcing approved and transparent reports of total foreign currency revenues and total expenditures in foreign currency for the government in accordance with the approved exchange chapters.
2. The data contained in his daily reports on his official website refutes all media statements made by non-specialists in the various media, in particular with regard to the foreign currency sale window. In foreign currency with the required accuracy, it will greatly help to enhance confidence in our national economy and the Iraqi banking sector locally and internationally because disclosure, transparency and credibility will raise the percentage of financial inclusion and Iraq's international reputation .

https://economy-news.net/content.php?id=29476

by **claud39** Thu Sep 08, 2022 9:36 am

Central banks participate in the manufacture of modern financial technologies

09/05/2022

Economy News _ Baghdad

Today, Monday, the Arab Monetary Fund announced the launch of a training course directed to staff working in central banks, under the title (Regulatory Frameworks and Legislations for the Industry of Modern Financial Technologies).
A statement by the Fund, received by "Al-Iqtisad News", stated that "the course continues until the eighth of this month, and is also directed to those concerned with issues of modern financial technology and staff working in capital market authorities and stock exchanges and ministries of finance who are specialized in issues of modern financial technology."
He added, "It aims to deepen the participants' understanding of the regulatory framework for the modern financial technology industry, as well as discussing many axes, the most important of which is building an incubating environment and effective national strategies for modern financial technologies and blockchain technologies."
The course reviews some of the different aspects of regulating modern financial technology activities, such as regulating open financing activities, alternative financing, encrypted financial assets and digital contracts, digital financial services consumer protection frameworks, cyber security, data protection frameworks and customer information privacy, and electronic know-your-customer rules to combat laundering. Funds and financing of the cuticle.
It will also shed light on digital regulatory and supervisory solutions to support the regulatory and supervisory authorities in regulating this industry.

https://economy-news.net/content.php?id=29571

by **RamblerNash** Sat Sep 10, 2022 1:04 am

Claud...You didn't show or elaborate on how the 2 articles you posted makes the magic happen. It's just more smoke your blowing.

You seem to keep failing. Want to try again?

by **RamblerNash** Sat Sep 10, 2022 1:07 am

Zig wrote:No, I am not trying to draw people away from this forum...no reason that people can't be at multiple places as I am....lol...I have been at this forum for a while and have enjoyed it....

Claud seems to be failing miserably at explaining the magic to the RV. Care to take a crack at it?

You have been involved for over a decade, so you should have a wealth of information on how it's supposed to work by now.

Since you want folks to participate in your chat, and here, we should get some of your insight.

Since you started your chat awhile back, surely it wasn't to watch and moderate everyone blowing smoke up everyone's ass. That would be just a waste of time.

Please, tell us all how it's not just a myth that made the dealers and Gurus rich by preying on the gullible?

by **Mountain Goatee** Sat Sep 10, 2022 9:49 am

I have a question for Claud.

Claude - Did you ever eat paint chips as a child?

Thank you for your prompt response.

by Zig Mon Sep 12, 2022 8:37 am

RamblerNash wrote:
Zig wrote:No, I am not trying to draw people away from this forum...no reason that people can't be at multiple places as I am....lol...I have been at this forum for a while and have enjoyed it....
Claud seems to be failing miserably at explaining the magic to the RV. Care to take a crack at it?

You have been involved for over a decade, so you should have a wealth of information on how it's supposed to work by now.

Since you want folks to participate in your chat, and here, we should get some of your insight.

Since you started your chat awhile back, surely it wasn't to watch and moderate everyone blowing smoke up everyone's ass. That would be just a waste of time.

Please, tell us all how it's not just a myth that made the dealers and Gurus rich by preying on the gullible?

Hi again Nash and everyone... coffee

I wasn't going to post again in this thread...I started it to simply invite people to visit and participate in my chat...however, the thread turned into something else entirely...lol...anyway I will reply as honestly as I can...

I heard about the Dinar from a couple of people via email...they told me to hurry up and get in or I would miss getting rich...lol...Of course I now know that was HYPE and BULLSHIT that was put out there by con artists...I used to listen to them all...Yes, I do think this community is littered with lying con artists and have spoken out about that many times...Have I been gullible?...Yes...Do I ever give investment advice?...Never!!...Do I think the Dinar will "RV" overnight?...NO...Eventually it may float as Kaperoni believes, if their economy ever takes off and investors pour in, but no guarantees...Never any guarantees in any speculative venture...I am not holding my breath...lol...I know that I may not make a dime...

I only started a chat room to fool around with it a bit...seriously...I was curious about how it worked "technically" as I am no computer genius...lol...I have learned a lot...it has been interesting but lately has been all political as many people have given up on the Dinar...fun to fool around with it though...I have no hidden agenda and make no money...it's like a hobby...well that's about it...I am not that complicated...nor sophisticated...not confrontational by nature...I like peace...I wish everyone well...this will be my final post in this thread...drop by my chat and say hello...everyone is welcome...seriously...Take care!!!.... Smile

by **RamblerNash** Mon Sep 26, 2022 9:32 pm

Zig wrote:
RamblerNash wrote:
Zig wrote:No, I am not trying to draw people away from this forum...no reason that people can't be at multiple places as I am....lol...I have been at this forum for a while and have enjoyed it....
Claud seems to be failing miserably at explaining the magic to the RV. Care to take a crack at it?

You have been involved for over a decade, so you should have a wealth of information on how it's supposed to work by now.

Since you want folks to participate in your chat, and here, we should get some of your insight.

Since you started your chat awhile back, surely it wasn't to watch and moderate everyone blowing smoke up everyone's ass. That would be just a waste of time.

Please, tell us all how it's not just a myth that made the dealers and Gurus rich by preying on the gullible?

Hi again Nash and everyone...

I wasn't going to post again in this thread...I started it to simply invite people to visit and participate in my chat...however, the thread turned into something else entirely...lol...anyway I will reply as honestly as I can...

I heard about the Dinar from a couple of people via email...they told me to hurry up and get in or I would miss getting rich...lol...Of course I now know that was HYPE and BULLSHIT that was put out there by con artists...I used to listen to them all...Yes, I do think this community is littered with lying con artists and have spoken out about that many times...Have I been gullible?...Yes...Do I ever give investment advice?...Never!!...Do I think the Dinar will "RV" overnight?...NO...Eventually it may float as Kaperoni believes, if their economy ever takes off and investors pour in, but no guarantees...Never any guarantees in any speculative venture...I am not holding my breath...lol...I know that I may not make a dime...

I only started a chat room to fool around with it a bit...seriously...I was curious about how it worked "technically" as I am no computer genius...lol...I have learned a lot...it has been interesting but lately has been all political as many people have given up on the Dinar...fun to fool around with it though...I have no hidden agenda and make no money...it's like a hobby...well that's about it...I am not that complicated...nor sophisticated...not confrontational by nature...I like peace...I wish everyone well...this will be my final post in this thread...drop by my chat and say hello...everyone is welcome...seriously...Take care!!!....

Zig wrote:
if their economy ever takes off and investors pour in

Do you realize what that will take, and the time frame that would be needed to make some of that even happen?

Do you plan on keeping your chat opened up for years with folks waiting for some "thing" to pop?