cranman

You're making me believe this is truly happening! I don't get caught up in emotions very often.

How do you tax something with very little value? But then again, a lot of something with little value adds up to some value. Questions is, how much does the average Iraqi have to tax?

I hope you're right! We only have a few days to see what is to transpire.

Once iraq has finacial sovereignty, they can do whatever they want with their currency. Obviously, it has to be asset backed and on par with their future plan for economic growth in all areas. The three year budget can be adjusted with the new rate, whatever that may be. The current rate is not the real value. It has been artificially kept low. They want to be recognized as an economic power. They want a strong currency to show the world what they are capable of and to bring more investments and trade opportunities. The current rate does not suggest that at this time Of course, this is my opinion.

It could be 1320. I say let's see what happens in the first quarter. Even the next few weeks will be telling. We won't get a heads up of any RI or RV before it happens We are all just speculating.

Try this one instead. https://www.rudaw.net/english/business/21122023-amp

Here is the link rudaw.net https://www.rudaw.net › business Using national currency needed for respecting state sovereignty, says ...

No offense taken. No, I very much dislike the delays, corruption and in fighting that is preventing this from happening. But I do believe it will happen. I understand your point of view now. It just appeared to be negative to the possibility of the dinar rising value. All good.

I'm with you! Let's do this!

Great for rabbit hunting or shooting the canteen off the enemy's hip. Lol

Had these mounted on Humvees in Iraq and MRAPs and ASVs in Afghanistan. They are game changers when used properly.

What I was describing was basically a LOP. 25, 000 Dinar becomes 25 dinar. The 25 Dinar can become equal too , or greater, $25.00 US dollars. They couldn't do it earlier because they don't have their finacial sovereignty. Not what we want. But that would make the dinar equal to , or greater than, the dollar. Depending on what they make a single dinar value worth compared to the other currencies. Great for the Iraqis. If you think.about it, 90 trillion dinar become 90 billion dinar if you drop.three zeroes. If you make the dinar worth 3 USD to 1 dinar that 90 billion becomes 270 billion dinar All veryl real numbers for a countrys budget I don't tink that's what will happen. But like I always say" We don't know what we don't know". That wouldn't pay for the war like Bush said. Just thinking out loud.

Hopefully just deleting the zeroes and no redenomination. That has always been a possibility.

Not sure why you post like you do. It's America, so obviously you can write and say pretty much what ever you want. But you sound like you believe everything that gets posted is BS and the dinar will never rise in value So why is that? Just curious . Or am I not getting your sense of humor?

Fron your lips to CBIs ear!

Maybe they will announce a rate change!

Yeah Baby!

Who carries a $1,000.00 in their pockets? Wish I could.

How can private dealers be restricted to how much they can sell? I understand if they are getting their supply from the banks or some other government controlled entity. We will see how long this last. I would imagine only dinar.outsIde of government controlled entities will be allowed to be sold. How long before the supply is exhausted? If this remains in place until 1/01/2024 that woukd be great. If it gets reversed then we know it's BS.

I don't know if it's a gurantee that it will happen, BUT all information is leading us to that conclusion. I will wait and expect to happen until it doesn't. Then we will learn why it didn't happen and what else still needs to be done. Why have a three year budget if you have to adjust it a million times because of it coming out at a low rate and rising to a much higher rate before it stabilizes? Why stop using the dollar and forcing your people to use an undervalued currency (that cost more to print than what is worth currently) when your government is saying that it will be stronger than the dollar? I think it's coming and will be at least 1 to 1. IMO

Good of time as any. I'll belive it. Until 5PM on Sunday. I can wait that long Tommorow?

Exactly! The Dinar doesn't have to RV or RI But then the dinar wouldn't be stronger than the dollar as they have stated. Of course, banning the use of the dollar automatically makes the dinar stronger inside the borders of Iraq. Not sure how the war will pay for itself if it doesn't RV / RI. We sure as hell aren't getting free oil. Staying cautiously optimistic!

Cautiously optimistic. But we don't know what we don't know. Hope for the best and be prepared for the worst. Go RV! GO RI!

You won't hear or see anything about lower notes until right before the RI/ RV . That's my opinion

I've never seen an article stating the IMF said the Dinar woukd RV. I did see a clip where George Bush said that the war woukd pay for itself. I'm kind of hitching my horse to that cart.