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Saturday Early Morning Opinion @ 8:40 AM CDT - 8/15/2020


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Good Morning Dinar Vets, here's an opinion & comment by Kaperoni 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.  :twothumbs: RON

 

 

*** Kaperoni ***   I believe there are two possible end results for the Iraqi dinar. The first, or the easy way is for them to LOP or re-denominate.  The other option, and I would hope that this would be the direction that they would go is to float the currency as Iraq's economy begins to succeed. There is no 3rd option or RV option. There is simply too much currency in circulation for them to significantly overnight RV.  Hopefully Iraq will pass the necessary laws to create a suitable investment climate for foreign investors to come in and build a strong market economy private sector. Doing so would create the conditions for the central bank to get off the peg that they are currently on and Float the currency allowing it to gradually appreciate based on sound monetary principles of supply and demand.  [post 1 of 2]....stay tuned..

 

:tiphat:

 

 

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  • yota691 changed the title to Saturday Early Morning Opinion @ 8:40 AM CDT - 8/15/2020

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