ronscarpa Posted February 23, 2020 Report Share Posted February 23, 2020 2-22-2020 Newshound Guru Pimpy ...we know Dr. Shabibi had a problem with the IMF's monetary policies because he felt like it was hurting Iraq. The policies causing the inflation to go low but it was not allowing for a lot of growth in Iraq economically. So he was not a fan of that. He's the one who suggested that we have a sweet spot. And there's a sweet spot of about $1.34. $1.34 is just high enough that inflation would stay low. It's also just low enough that outside investors would still feel tempted to come in and invest in the country. That's what we want to see... I'd be extremely happy with that number, but no one knows what they are going to do......RON 2-22-2020 Newshound Guru Jeff ...Everything is pointing and circling around the rate change including the approval process of their 2020 budget. Facts are confirming the last step we're waiting on is the rate change. Everything in Iraq has been put on standby including the approval process of the but budget. It's all waiting on the rate change...Iraq is literally walking in Kuwait's footsteps time frame wise. Kuwait changed their rate on March 24th of 1991... 4 7 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 23, 2020 Report Share Posted February 23, 2020 Thanks Ron and I too would be extremely happy with those number too. 2 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted February 23, 2020 Author Report Share Posted February 23, 2020 1 hour ago, ChuckFinley said: Thanks Ron and I too would be extremely happy with those number too. Thanks Chuck - I'm getting weary of this train ride...it's time for it to reach the Station. It's been 11 years for me....LOL..! 1 2 Quote Link to comment Share on other sites More sharing options...
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