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3-23-2020   Newshound Guru Pimpy  I agree with Trump.  Once we get out of this coronavirus thing our economy is going to slingshot IMO...Trump thinks we're gonna be out of this by April.  Well one of the things you could do is change the rate of the Iraqi dinar.  We know people are holding it including countries everywhere.  You can give the appearance of a stimulated economy...

3-23-2020   Intel Guru Frank26   ....one, two, three are the things we've dreamed about for years in order to raise the value of the currency.  Security.  Stability.  Stop the auctions and they're not using the American dollar...if I was Steven Spielberg I don't think I could have even come up with a greater scrip than this for a Hollywood movie.  1-2-3 and then go to the bank honey..!



3-23-2020   Newshound Guru Breitling   Iraq can't just add value for no reason.  Because any country could just add value to their currency.  Why can Iraq add value Because they are artificially below...it's not a foreseen thing, 'oh, Iraq is just going to add value to their currency.'  No.  They're correcting the value of their currency.  That's actually the correct term The Iraqi dinar is not at its correct value.  They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down.  We have articles that specifically say that.  What happens when they pull currency out of their markets Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency.    A.  It's correcting the value of their currency.  B.  They need to because they have no options...  
 

3-23-2020   Newshound Guru Jeff  ...we know that they're not gonna want people coming into the banks regarding the whole coronavirus especially with the lock-downs...we ultimately know that the Trump Administration is in charge and then we know that Iraq's economically is going to start suffering if the rate doesn't change.  There could be a solid chance that Iraq and Trump have met in the middle of this.  Maybe they agreed to change the rate IMO tentatively agreed to change the rate during the month of April.  Because April will start the new fiscal year...it gives the US a chance to implement a lock-down process for say two to three weeks...there could be a good chance they've selected the first half to the middle of April to change the rate...



3-23-2020   Newshound Guru Pimpy  ...I got in a dispute with somebody.  He keeps telling me that the IMF controls the rate of the Iraqi dinar.  They don't control the rate.  They make recommendations on monetary policies...The IMF works with the World Trade Organization and works with the United Nations.  The United Nation is the one that has the sanctions on Iraq right now.  People are going 'no they don't'.  Yes they do...the CBI sets the rate under the guidance of the IMF and WTO.  It does no good for the rate change if the UN doesn't allow them to be recognized internationally...once the CBI makes the rate change the currency must be recognized internationally.  If the GOI had their way the rate would have been set exactly at $3.22.  They have been bugging for year to have their rate reinstated...

 

:tiphat:

 

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Okie Oil Man says he is landing on Wednesday March 25th.

                     My question is...…......…………..???

 

Image result for movie airplane gif
 
                                                 :lol::lol::lol:
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Okie May land, that isn’t changing a damn thing! He’s still going to trying to figure out if he is winding his watch or scratching his A$$! 🤠JMHO 

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4 hours ago, ronscarpa said:

They're correcting the value of their currency.  That's actually the correct term The Iraqi dinar is not at its correct value.  They are artificially keeping it low because based on their supply times velocity and how they back up their currency they just print more currency and the value goes down.  We have articles that specifically say that.  What happens when they pull currency out of their markets Their value goes up...It's not a far fetched thing that Iraq needs to add value to their currency.    A.  It's correcting the value of their currency

The currency is manipulated to be artificially low. And EO takes affect April 6th that adds tariffs to any country artificially manipulating their currency.  Looks to be aimed at China but it would include Iraq, possibly Vietnam.  Most folks that see this order do not consider Iraq because they haven't been studying them like we have. Maybe on purpose. Iraq devalues to avoid tariffs  we cash in and no big news story, just a big injection to the world economy. 

 

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