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Saturday Evening Guru Opinions @ 6:40 PM CST - 02/22/20


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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...:confused2:...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...

 

:tiphat:

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