Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Kaperoni: Iraq Is Broke. Iraq Can't RV.


Recommended Posts

Luigi says...Iraq can easily afford to RV at .10 cents then float from there.

Kaperoni says Iraq's total net worth is $16 Trillion & $47 Trillion IQD in circulation.

They have no choice but to LOP. They are broke even after a rate change.

Iraq is getting all these IMF loans because they're good for it.

Do you agree with The Kaps? Can Iraq still RV at a much lower rate?

Treat as a rumor. Not varafied. Your opine.

 

 

 

8-31-2020   Newshound Guru Kaperoni   There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinar in circulation.  ...They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply. BTW, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.

  • Thanks 1
  • Haha 4
  • Upvote 2
Link to post
Share on other sites

there is no level to this morons stupidity...they are in debt. restructure of accounts as per IMF will give them fiscal space (there words) and rate adjustment will give them purchasing power. fools do believe! 

  • Like 5
  • Thanks 1
Link to post
Share on other sites

If he thinks now that they will lop, why is he still around? He needs to sell his dinar and stop talking if he truly believes what he is saying... He sounds like an idiot.. And he has people that follow him?? Why?? If he and his followers don’t think it will RV then move on... Nothing for them to invest in here...

  • Like 1
  • Thanks 1
  • Confused 1
  • Upvote 12
Link to post
Share on other sites
7 hours ago, GregHi said:

If he thinks now that they will lop, why is he still around? He needs to sell his dinar and stop talking if he truly believes what he is saying... He sounds like an idiot.. And he has people that follow him?? Why?? If he and his followers don’t think it will RV then move on... Nothing for them to invest in here...


Agreed.  Kap=crap. 

  • Upvote 7
Link to post
Share on other sites
13 hours ago, GregHi said:

If he thinks now that they will lop, why is he still around? He needs to sell his dinar and stop talking if he truly believes what he is saying... He sounds like an idiot.. And he has people that follow him?? Why?? If he and his followers don’t think it will RV then move on... Nothing for them to invest in here...

He is still selling RV alerts and mugs and T shirts and begging emails for subscription to his RV site lol

  • Haha 4
  • Upvote 3
Link to post
Share on other sites
15 hours ago, GregHi said:

If he thinks now that they will lop, why is he still around? He needs to sell his dinar and stop talking if he truly believes what he is saying... He sounds like an idiot.. And he has people that follow him?? Why?? If he and his followers don’t think it will RV then move on... Nothing for them to invest in here...

 

 

A LOP is not the only option. Iraq can come out at .10 cents to the USD then float to $3 as the the economy improves. IQD Demand does not raise the value of the currency.  The nation's net worth raises the value of the currency. RV is the first step, then investors are the next.. The improving economy over time will raise the value or exchange rate.

  • Upvote 2
Link to post
Share on other sites
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.