REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON
Clare Article: "Specialist: Floating the dinar is economic suicide" Quote: "Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate...adding that floating the exchange rate in the presence of a parallel market and large speculators, and the presence of people who own billions of dinars and others who own billions of dollars, will lead to a sharp decline in the value of the currency, high levels of inflation, and rising prices"
Paulette Article: "Specialist: Floating the dinar is economic suicide" As Saleh was stating but only stronger wording.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The economists here are saying with so much on the line from the budget funding all types of investment in our economy they're saying the exchange rate will be fixed. It's not going to float because there's too many bad things that can happen with a float...Now we have another guy coming on the news saying floating the dinar is suicidal. FRANK: Hey, you don't want us to do that because that's what Sudani wants...because that's what the CBI agreed with the US Treasury.
MarkZ ...they have started paying their retirees and disabled, welfare etc… they finally have money moving where it is supposed to on all those fronts. And all the progress they have made getting CBI salaries to people. They are completing everything they need for world trade and ascension, and all the settlements they have made to get out of chapter 8 after the invasion of Kuwait. Phenomenal progress has been made... Progress over the last 16 months has been stunning.