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Wednesday Morning Guru Opinions @ 9:10 AM CST - 3/04/2020


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3-4-2020   Newshound Guru Jeff  ...Iraq can't do a dang thing.  Iraq is frozen as far as launching their economy.  Iraq cannot launch their economy until the rate changes.  Iraq's economy is frozen.  They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th.  Don't forget about that.  That was roughly close to a month ago.  They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...Let's hope so, for the sake of the Iraqi people, and for us...!



3-4-2020   Intel Guru MarkZ   [Q? ...Will dealers shut down when its time for cashouts?]   No, the dealers will stop selling at one rate and keep selling at another within a short time…maybe they will shut down for 30 minutes or so…but that is about it.



3-4-2020   Newshound Guru Kaperoni  ...If they ever get to a point to approve the 2020 budget I assure you there is no rate change. Not how monetary policy works.



3-4-2020   Newshound Guru Vital Brad  ...there's salaries from government employees that have been needing to get paid.  They're saying they can pay the salaries right on this [Qi Card].  From my understanding the salaries were supposed to be paid at the new rate that's why they haven't been paid yet because the rate is still the same.   They're saying these cards are set up to receive those salaries.  Seems like we're waiting on a rate change.  Seems like that's what the holdup is...[reference Vital Brad post 3-3-2020]....Who is the "They" Brad is speaking about...? The CBI, or the GOI,..or the gurus..?

 

:salute:

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5 hours ago, 64jaguar said:

Thanks Ron, :twothumbs: 

Hey KAP, I guess they weren't following Monetary policy when the U.S. marched into Iraq and their currency went from $3.50 to ZIPPPP... That was a hell of an overnight rate change....;)

 

LOL...! :cowboy1:

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