Frank26: History as we have taught You KTFA FAMILY is repeating itself BOLDLY.
Hence no reason to keep scratching the itch.
MR AT ……DEFCON 1 ………… LOL.
KTFA FAMILY ……….. IF YOU FEEL LEFT OUT : READ WHAT WS IS SHOWING YOU !!! !!! !!!
It’s coming…………. The End. GET READY ! ITS TIME !!
KTFA !!! Frank
CSHessman: Frank, this is absolutely just amazing to watch this Thorny Rose unfold. I can’t truly express the THANKS! for having lead us and taught us this speculation over the years.
Family,I HOPE you are all GETTING the HINT of Frank’s Posts to us all! We are nearly there! The ship is at the dock and the gangway is being lowered to the dock. Very soon many of us will be able to enter a New Life(style).
But are you truly READY for it?? DON’T BE SCARED. BE PREPARED!
Be Strong as you enter; but PREPARE to be EVER SO MUCH STRONGER. Because the world will make EVERY attempt to Tear this blessing away from you! You can take that to the bank! God speed ahead! C$
Walkingstick: Parliamentary Finance reveal the central bank to develop a plan to move the currency and circulation
Economy and Tenders Since 12.13.2015 at 12:31 (GMT Baghdad)
Special – scales News
Said Finance Committee member Hossam punitive, Sunday, that the plan set by the central bank in order to attract funds for the purpose of investment and moving the wheel of the Iraqi economy will work to revitalize the banking sector and circulation of money instead of survival static in homes, while noting that the financial crisis through which Iraq currently the largest of its solution making plans.
He said the punitive L / scales News /, it is “to be traded and moving the currency inside Iraq and Iraqi money instead of survival is still in the homes,” stressing the need to “be there banking and business process to take advantage of the circulation of funds in the market.”
He added, “The plan by the Central Bank in order to attract these funds for the purpose of investment and moving the wheel of the Iraqi economy step earnest to convert rentier economy to a market economy in order to stimulate the banking sector there and to be a trading of funds between banks and traders instead of being money chunky in homes process “.
He pointed out that” the financial crisis through which Iraq is currently the largest of its solution making plans “, stressing the need to” be there move in the diversity of agricultural, industrial and commercial sources for the advancement of the financial reality of the country. ”
The Governor of the Central Bank of Iraq on the Keywords revealed, earlier, that 77% of the Iraqi currency traded in the market are chunky in homes .anthy 29/4 e
Walkingstick: Don’t Be Afraid of China’s Currency Gift Basket
Dec. 12, 2015 1:27 a.m. ET
Every five years, China promises the world a currency basket, only to remain tethered to the U.S. dollar.
Investors should be on guard that this time the basket is for real.
Late Friday, in typical Chinese policy maker style, a currency department of the People’s Bank of China released a cryptic, unsigned editorial saying it would begin to publish a reference rate for the yuan against a trade-weighted basket of 13 currencies. The implication is that this new reference rate will be more important than focusing exclusively on the yuan’s rate versus the dollar. The PBOC said the new rate would be of “great significance.”
Just because it is publishing a rate, of course, doesn’t mean it has to follow it. In 2005, when China began to allow a gradual appreciation against the dollar, it said it would follow a basket. It repeated that promise in 2010, when it began to allow appreciation again after pausing during the global financial crisis.
But back then, a basket wasn’t in China’s short-term interests. The dollar was weakening, so even as the yuan appreciated against the U.S. currency, it weakened against its biggest trading partner’s currency at the time, the euro, and against the yen.
Now is different. Staying tied to an ascending dollar means China has allowed its currency to become very strong against basically the entire world—except for the U.S. And it is at a time when Beijing has struggled to get the economy to respond to stimulus moves.
Following a basket will lead to further depreciation against the dollar. If done slowly and gradually, markets may absorb the change in stride, notwithstanding howls from the U.S. Congress. Yet the chance for dislocation remains high given that companies don’t invest based on a currency basket. Dollar exposure through offshore borrowing is a fact of life for Chinese real-estate companies, airlines and energy firms.
No doubt the timing—just before the U.S. Federal Reserve is this coming week expected to lift interest rates from near-zero levels—is aimed at getting ahead of further dollar strength. But it is not just a calculated, race-to-the-bottom depreciation. Following a basket is arguably a more rational way for China to let its currency adjust to economic circumstances.
Corrections & Amplifications
A currency department of the People’s Bank of China on Friday released an unsigned editorial saying it would begin to publish a reference rate for the yuan against a trade-weighted basket of 13 currencies. An earlier version of this story incorrectly said the basket would include 10 currencies.