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where is the dollar going????
hisah
#41 Posted : Tuesday, May 24, 2011 4:32:45 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
kizee1 wrote:
so IMF come out and say the following

3.THAT A TIGHTENING POLICY WILL NOT HURT THE ECONOMY AND THAT THEY SEE 5.4PCT ECON GROWTH( THIS MEANS RATES WILL RISE RAPIDLY)


Now this is one statement that doesn't add up... But since it comes from the gods called IMF it is the gospel truth...?

This is why the prof aka econo sensei kicked me out of the class coz I was 'unteachable', didn't tow the line and very naughty for pointing out the systems senseless doctrines...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kizee1
#42 Posted : Tuesday, May 24, 2011 9:18:17 PM
Rank: Member


Joined: 9/29/2010
Posts: 679
Location: nairobi
i was extremly baffled myself...cut money supply and guarantee growth kwanza they concurred with Uhuru's growth projections
Genghis Khan
#43 Posted : Wednesday, May 25, 2011 12:03:28 PM
Rank: Member


Joined: 8/5/2010
Posts: 335
Location: Nairobi
CONSPIRACY THEORY...

There is a (not peculiar at this time) plot to raise funds to be deployed at the next General Elections.

High level GoK officials and oil cartels are in cahoots.

The 3-Phase Plot
1. ACTION: Gok & Cartel to multiply the effect of rising crude prices by acting on the petroleum distribution systems AND USD/KES.

ACTION: GoK to provide cosmetic relief by seeming to rein in "rogue" marketers and enforcing price control.

RESULT: "Acclimatize" consumers to record high prices... while avoiding/reducing public outcry.

2. ACTION: GoK to increase the potential margins of marketers and other "partners" using price control as the crude prices fall. ie. control the fall of pump prices by enforcing MAXIMUM price caps and "urging" marketers to lower their pump prices in line with international prices.

RESULT: The money pipeline gets thicker. (pls note the pun)

I eagerly await the expected drop in international prices so that I can test this theory. Please also note that after price controls took effect, pump prices almost never vary more than KEC30 regardless of where you go to fuel, there is less undercutting by the marketers, and by definition more collaboration.

3. ACTION: GoK and sometimes Cartel to continously provide a "rational" explanation or scapegoat for high pump prices.

RESULT: Provide around the clock protection and (where possible) enhancement to the THINKNESS of the money pipeline.

DISCLAIMER:
This is a Theory and is not presented as a fact.

This Theory was created by the minds of 4 half drunk gentlemen in a pub in Nairobi. The Theory does not reflect the opinion of such gentlemen when they are sober. They are not liable to defend the theory whilst sober.

No Mututho Laws were broken during the debate and creation of the Theory.
"I'd rather be lucky than clever... every time!" - ME
"The problem is not what we don't know... it's what we know for sure that just ain't!" - MARK TWAIN
"Space we can recover... time never!" - NAPOLEON BONAPARTE
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