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Society
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Iraqi citizens exchanging 1-1 for the LD's is certainly what we want......they were forced to exchange the Saddam IQD for the three zeros at 1-1.......many in Iraq are waiting for their wealth to be restored......."chunky money in the mattresses".......Shabs told them he would bring the IQD "back to the Glory Days of the 70's/80's".......note they just put out an article talking about the rates in the 70's and 80's
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Whatever they do inside Iraq will be the same as outside....... That being said, recall that Iraqi's were forced to exchange their Saddam dinar for the 3 zero notes at 1-1....they were told and expected that when the 3 zero notes are exchanged after the Delete the Zeros project is implemented there would be a 1-1 exchange......in other words, 1 million 3 zero dinars for 1 million LD dinars......this is why there is still the issue of "chunky money in the mattresses".... Many wealthy families prior to the 3 zero motes being forced on them are waiting for their wealth to be returned.....this is not necessarily causing many new millionaires in Iraq but actually restoring their wealth....
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Wednesday Mid Morning News & Opinions @ 9:55 AM PDT - 6/17/2026
Society replied to ronscarpa's topic in Dinar Rumors
They have had a "fun seated government at times in the past....why didn't they rd/rv/ri then if that is what is required?? -
Wednesday Mid Morning News & Opinions @ 9:55 AM PDT - 6/17/2026
Society replied to ronscarpa's topic in Dinar Rumors
I particularly liked the one where he said once the USD got to .81, the IQD would then be on par and they would go 1-1......so many years ago -
Wednesday Mid Morning News & Opinions @ 9:55 AM PDT - 6/17/2026
Society replied to ronscarpa's topic in Dinar Rumors
I never recall anyone official in Iraq saying that.......Only Frankie years ago said that........along with many other similar things like "Mosul", "HCL", etc. -
Wednesday Mid Morning News & Opinions @ 9:55 AM PDT - 6/17/2026
Society replied to ronscarpa's topic in Dinar Rumors
No Jeff.....they haven't completed the government because Parliament is on Recess until 7/1 -
Wednesday Early Morning News & Opinions @ 7:47 AM PDT - 6/17/2026
Society replied to ronscarpa's topic in Dinar Rumors
Has anyone actually seen an article related to Maliki losing immunity???? I only heard this from my favorite "story teller" Frankie..... He said that they are denying Maliki becoming an deputy PM and therefore he will not have immunity. Didn't Maliki and the State of Law coalition get the second highest vote count only surpassed by Sudani? Didn't Maliki get voted in to Parliament? Doesn't that give him immunity?/ -
Too funny....Frankie once again distorts reality. It was Ali from DinarTrade that said this on one of Frank's Calls many years ago. 2009 or 2010 if I recall. Frank reiterated that Ali said this on many calls after. Now, he just says he said this. Delusional Frankie is also saying that the remaining 9 ministers were voted in Sunday 6/14 by the "Council of Representatives" I assume he means parliament as it is parliament that must vote in the ministers to form the COM. However, parliament oil on Legislative Recess until 7/1. There has not been any formal calls to hold a specific Extraordinary Session by the Speaker off Parliament which would be have been required. Frankie has a great knack to either twist and distort truth or he is just plain ignorant.
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Wednesday Early Night News & Opinions @ 8:44 PM PDT - 6/10/202625
Society replied to ronscarpa's topic in Dinar Rumors
No.....Iraq is in Article XIV......This Jeff guy continues to demonstrating his ignorance....He listens to Frank too much....Frank is clearly dyslexic and can't read or keep anything straight.....Frank always confused UN Chapter VII with IMF Articles...If you read much of Jeff it is clear he just parrots much of Frank.... -
Wednesday Mid Morning News & Opinions @ 9:39 AM MDT - 6/03/2026
Society replied to ronscarpa's topic in Dinar Rumors
Too funny....once again demonstrating a complete lack of knowledge.... Parliament is on Legislative Recess. This is mandated by the Constitution. They return after the 30 days 6/1-6/30....Hopefully 7/2...The odds of am extraordinary session before that is possible but slim Do people really listen to this guy??? -
Tuesday Night News & Opinions @ 9:33 PM MST - 4/14/2026
Society replied to ronscarpa's topic in Dinar Rumors
Frankie just doesn't ever get it.....the contractors don't care about the rate, only the value of the contract.....He even brought a contractor on one CC who proceeded to try to explain it to Frankie.....of course it went right over his head......the contractors do care about freedom of movement of capital....---->Article 8 compliance- 1 reply
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Wednesday Afternoon News & Opinions @ 4:44 PM MST - 4/01/2026
Society replied to ronscarpa's topic in Dinar Rumors
Jeff listens to Frankie too much........ Trump didn't say that ........he said we had "35 billion of their money".......he was referring to the balances of USD in Iraq's Federal Reserve accounts .....Frankie misconstrued this to IQD and Jeff, as often he does, has taken Frankie's wrong information and has made it his own.......who listens to these guys????- 1 reply
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Saturday Late Morning Opinions @ 11:58 AM MST - 3/28/2026
Society replied to ronscarpa's topic in Dinar Rumors
Frankie is once again demonstrating his ignorance.....the next President is considered the 2nd President.....the Prime Minister is considered the 3rd President.......the budget cannot be set to Parliament to be voted until the PM is given confidence by getting at least 50% of his proposed cabinet voted and approved....the new COM has to then put together and pass a budget and then send it to Parliament to go through the voting and review process,,,,,,,,as to "1300" not being able to do this "monster" budget.....Frankie has said similar every year since I have followed since 2009. The rate is irrelevant as 90+% of Iraq's revenues are in USD from oil sales....the rate changing does not affect these revenues....Frankie had a contractor on one of his CC's a few months ago that tried to explain this to Frankie....he said they don't care about the rate as the only concern is the actual value of the contract....it went right over Frankie's head........of course, he is a better student than everybody else,,,,hahaha

