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Posts posted by dinarham
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Keep the faith and shine on , you crazy diamonds. we are so close.
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I always like to go back to the problematic and somewhat funny issue of the sheer bulk of a worthless currency being traded around the world . Or ATM's ,which would have to be huge and fed with big semis several times a day . Or having to have 2 wheelbarrows full of dinar to buy 1 wheelbarrow . Another thing , De La Rue printed a limited amount of the new iqd as the notes were very expensive to print ,and not geared for common usage . So it's a good thing that visa has moved into Iraq .
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Well, If that was the only reason , Boom!
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From what I hear , you can only take $10000 iqd out of Iraq , $70 USD
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It's a given that Iraq is being weaned off the USD , the goal being Iraqi using dinar internally . I can assure you that there is a relatively small amount of the new iqd , which was . printed in Switzerland at great expense by the US , way to expensive to print for general use . Iraq needs to redenominate as well . Loaded e cards would work . Don't forget who owns the oil in Iraq - the people.
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Quantum leap ? I love the sound of that . I do believe that this is what we're waiting for .
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Debt to GDP ratio for Iraq is good , if not excellent . Google debt held by all countries and you can see for yourself . So what's the real holdup?
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Shabs proposed a long time ago that IQD should not be pegged to the USD.
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Always trust in God and your gut.
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32 minutes ago, horsesoldier said:
Back & Forth we go... didn't they disagree on the agreement ? I might have had a psychotic break or 2 and missed something: apologies in advance if they're further along than I suppose.
Kinda tuff sometimes to keep track of all the circus 🎪 acts as they go by.
Something has to come out of their mouths , think Kamala . It's an unhealthy and confusing salad ,like what's this salad trying to say ?
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Little did we know way back when that even after surviving Maliki , Obamma pulling out the troops , making way for Isis { which held more than 50% control over Iraq for several years }. Now we're looking at a global reset in the value of currency ., gold backed and digital . This is a good thing . Iraq is the biggest buyer of gold in the world , their debt to asset ratio is good , 30% , when 60% is acceptable . USD is no longer king . I feel like the US and China are fighting behind the screen over Iraq like a bone . No worries , you crazy diamonds ,because your belief in your investment in Iraq was right and you held on to your belief.
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Beyonce' has a purse that much ,$50 billion USD is all .
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10 hours ago, screwball said:
Def don’t understand this, anyone?
Word salad ? Let's not forget that Iraq has a very low debt / gdp ratio , 30%
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As a former convenience gas station owner , I can tell you that dealing with cash gives way to a lot of theft , including major employee theft .
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All this hoopla for less than a tenth of a cent USD?
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Looking like yuan will be in the same basket as iqd .
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A lot of word salads these days.
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It must mean going into the same basket?
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More pressure to get off the USD.
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Introducing the lower denoms into circulation is a logistical huge problem to solve . Electronic cards loaded with money from the government could temporarily ease this problem . And yes , the government owes them money since Iraqi oil is owned by the citizens .
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They're discussing it right now , no worries.
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If the powers that be say it's going to happen , it's already happened.
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IQD/ USD pairing on Forex is practically non existent . IQD is not traded internationally now , and these companies are all about trading internationally.
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Friday Early Morning Opinions & Rumors @ 8:55 AM CDT - 4/21/2023
in Dinar Rumors
Posted
The secrets are too hard to hold .