Thursday Morning Opinions @ 11:33 AM CDT - 7/09/2020

ronscarpa · July 9, 2020

Good Morning 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

*** Petra So where are we? ...Clearly there is a rush to get things done in order for the white paper to be engaged so a date and rate can be revealed. Remember, nothing in the entire white paper can be accomplished as to the future of the growth of the Iraqi state with out a change in rate. None..! All the efforts of the committees, the ministries, agriculture, mining, defense, infrastructure, nothing can happen until this move is made...(post 1 of 2)... :twothumbs:

*** Petra ...So, we have these polymer notes that have been in circulation for apparently some time. Why all the hubbub "now" when they have been around for a while? Could it be part of the education process? Could it be a pre-emptory move by the CBI to make citizens aware and understand the coming change? I think so. Everything they have been doing has been strategic but now the strategy is being played out as we await the execution of that strategy. Nothing is going to stop it or we will truly have a failed state and that is "not" going to happen with the wealth in that country... IMO, we are at the goal line waiting to cross for lack of a better metaphor...(post 2 of 2)... :twothumbs:

*** Frank26 ...we have gone through "what if". We have gone through "when". And now we are going though a time-frame and a rate in "white pagers"...it's not an opinion that they are going to change their exchange rate - it's a CBI statement...every day they wait to make the announcement of the new exchange rate it gets easier and easier to tell the monetary reform, to tell the citizens of the new currency of the new exchange rate, of the new Iraqi banking system to the citizens. You see it must not fail with the citizens. It can fail with you, and it has with a few of you, but it must not fail with the citizens. This is the key to the monetary reform success...