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Wednesday Early Morning Opinions @ 8:55 AM CDT - 5/27/2020


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Good Morning DV, here are a few more opinions & comments from other members of the Dinar community that might be of interest to you.  Remember, no one really knows what will happen, or when. They are simply stating their opinions based on what seems to be happening in Iraq. :twothumbs: RON

 

 

 

**** Mnt Goat    I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a decrease in purchasing power and will lead to inflation,” noting that “the classes with limited income and those with salaries will be the first affected by this decision”. This was taken right out of an article by   Parliamentary Finance Committee member, Ahmed Al-Saffar, on Wednesday (May 20, 2020). I would trust and respect his comments much more than the corrupt parliament member comments (and others)  that are coming out that say just the opposite. So relax. This financial crisis could lead to Iraq raising the value of the dinar in the long run.

 

**** Jeff  ...There's really only 3 things in the news right now.  The first would be Kurdistan and Baghdad to resolve their differences.  The 2nd one would be the completing of the government - the last 7 remaining ministers and then the 3rd one is all the economic articles.  That's it...so what they're telling you here is the two items - Kurdistan trying to resolve their differences with Baghdad and the 2nd one completing the formation of government...they're telling you what their delay is before they can launch their economy.  It doesn't get any more cut and dry and simplified than that.  They're telling you what the delay is.  They're saying, 'hey Kurdistan has to reach an agreement with Baghdad and Baghdad has to get the last 7 ministers in there.'  They're telling you what the delays are before they can launch the economy.  That's why now they're talking about the economy around those items.  That simple.  That's what you're waiting on... 

 

:tiphat:

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