Sunday Noontime Opinions @ 1:25 PM CDT - 7/05/2020

[ronscarpa]

Good Afternoon Dinar Vets, here's a few opinions & comments 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 they perceive to be happening in Iraq.   RON

 

 

*** Frank26   ...whenever the value goes up are you gonna call every Tom, **** and Harry and tell them you just made a lot of money?  Or that you made capital gains with your investment?  Or that you had a windfall?  Are you gonna brag about this?  Are you gonna put it on social media?  Are you going to tell that relative that you never told in the first place?  Are you gonna shove it into their faces, the ones that told you it's never gonna happen, to satisfy your ego and pride?  I hope not.  Don't draw attention to yourself. Do your very best to be humble about this.  Do your very best to shut-up about this.  The entourage, the group of people that know about your windfall, you want to try to limit that.  Not only for your safety but for that matter for your sanity.  Ever drop a sugar cube next to an anthill? Every ant is all of a sudden turning around and heading toward that sugar cube.  Don't draw attention to yourself. Until then...we wait..!

 

*** Kaperoni   ...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.***

 

[ChuckFinley]

Thanks Ron, enjoy the rest of your day.  

[Pitcher]

1 hour ago, ronscarpa said:

. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP.

 

 

There goes Kap, always selling the Lop story.  

 

Iraq isn’t going to chop its Currency.  That would be too painful.

 

 

 

[ronscarpa]

1 hour ago, ChuckFinley said:

Thanks Ron, enjoy the rest of your day.  

 

Thanks Chuck - you as well...!  RON 

 

58 minutes ago, Pitcher said:

There goes Kap, always selling the Lop story..!  

 

Iraq isn’t going to chop its Currency.  That would be too painful...Pitcher

 

 

 

 

...LOL..!  Love it Pitcher ... Thanks ... RON