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Fairways&Greens

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Everything posted by Fairways&Greens

  1. Most of the smuggling is with intermediaries in Iraq! Hopefully Trump puts and end to this and tightens sanctions on Iran.
  2. https://www.dailywire.com/news/biden-administration-gave-free-pass-to-1b-iranian-oil-smuggling-operation-report
  3. Not if Trump loses the election. Kamala will kill any sanctions and send more pallets of $$$ to Iran.
  4. Government corruption is keeping Iraq from improving their economy—US government and Iraqi government. Too many greedy politicians, contractors and other players involved. And the confusion this creates, gives cover to Iran who benefits most from this s#!+ show.
  5. https://www.dailywire.com/news/iraqi-banks-used-u-s-created-system-to-funnel-money-to-iranian-terrorists-report
  6. I can’t imagine going through the trouble and expense of issuing quality currency notes if they are worthless.
  7. US Congress salaries = $174,000 annually. Stayed the same since 2009. Iraqi Ministers/Parliament = 170,000 dinar, looks pretty similar at a 1:1 rate. The bump to 250,000 dinar makes them higher paid than US Congress members at a 1:1 rate. They want the Dinar stronger than the Dollar and they want to be better than the US. interesting 🤔
  8. One current factor that makes it advantageous for Iraq to RV/RI is the high market price of oil. If Biden runs in ‘24, he’ll get clobbered by Trump or Desantis. Inflation, the economy and immigration will sink him. With a Republican in the White House, I would expect oil to come down quickly in ‘25. Iraq has a shrinking window to do this. They are talking urgently; we’ll see if they ACT urgently.
  9. Dedollarization. To be honest, I have been mulling selling all my dinar the past few weeks, but these now I gotta see this through at least the first qtr of 24. 24 or bust!
  10. I like where you are going with this. Delete the 3 zeros and get $1.14. I remember reading similar math at around $1.17 or so. Makes sense—stronger than the dollar, but not crazy like Bruce the goose and others throw out there every week.
  11. That’s a lot of important financial organizations getting their heads together all at once.
  12. Instead of dealing with dementia and ice cream, we’d be dealing with incompetence and word salads.
  13. “NEED” ”SPEED UP” ”GUARANTEES” ”IRAQIS ENJOY THEIR NATIONAL WEALTH”! “EQUALITY” I like them words
  14. Everything you said is common sense logic. This kind of news is what Iraq was only talking about in the past several years. Now it is reality. All this banking infrastructure is setting the stage for implementation of a comprehensive strategy to move Iraq into the modern world of international banking and trading. Really vital progress! We’ve gotta be close.
  15. I recently read somewhere that Baghdad wanted like 12% and Erbil wanted somewhere around 14%, so 12.67% would be a believable compromise. * I could be wrong about those figures*
  16. Well, at least we won’t have to watch paint dry for the next 3 years when it comes to the budget. 🤪 and just maybe we can all cash out soon and never have to read about Iraq ever again. 😅
  17. I assume the budget is based on IQD at 1310? Who’s good at maths? Quick! What would the value be after the project to delete the zeros?! Is it .76 cents? 😎
  18. Removing the dollar from use in Iraq will drive demand for Dinar. Iraq could then justify letting the Dinar float in open international market and continue to increase in value against world currencies.
  19. Love all your thoughts. So much talk about Iraq needing infrastructure, private sector growth, etc.. Well, they aren’t getting any of that with worthless currency. Make the Iraqi people rich and watch as the invisible hand of a free market economy flourishes where government planning and pushing could not. They need a strong Dinar!!
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