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  1. Luigi asks... Could The Kaps had been right all along about the IQD float? Will the Dinar come out around .01 cent to.10 cents to the USD, then float from there? Getting rich slowly sure beats a LOP. IMO. Make mine a root beer float while your at it. Treat this as a rumor. Not varafied. Your opine. 9-21-2019 Newshound Guru Kaperoni If they launch the market economy as they have been aggressively trying to move towards and have presented it to be included in the budget of 2020, then I see NO REASON FOR A LOP...at that point I would see the CBI...MOVING TO A FLOAT to allow the currency to appreciate to offset inflationary pressure created by that influx of capital...Remember the number one job of the CBI is to maintain monetary policy and reduce inflation...The IMF is specifically referencing the Balassa -Samuelson effect as the outcome for the dinar. That is a fact... QUOTE: "staff encouraged the authorities to consider creating the conditions which would make possible a move to A MORE FLEXIBLE EXCHANGE RATE POLICY. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect," The IMF IS ASKING THE CBI TO CREATE THE CONDITIONS TO FLOAT the currency to allow it to appreciate BASED ON THE Balassa -Samuelson effect...
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