Johnny Dinar Posted September 16, 2020 Report Share Posted September 16, 2020 9/16 Article: “THE INDEPENDENT: IRAQ HAS NO CHOICE BUT TO TAKE AUSTERITY MEASURES OR FLOAT THE CURRENCY” The…article is telling us they really have no choice but to now FLOAT their currency and end these currency auctions. Will they? We wait to see just what they decide to do. If they decide to FLOAT they will have to RV to at least around a 1.00 then do the project to delete the zeros. Then soon move to FOREX on the planned float. This is when we go to the bank. 9/15 Ours news today is extraordinary. It is all very good…finally! So, last week the new finance minister Allawi under al-Kazemi came out and told us they must revisit the exchange rate of the dinar. This week we hear from a British economists telling Iraq they only have two alternatives to survive: either to drastically cut expenditures or put their currency on a float and let the market drive it. This is their survival. Then again this period also, other Iraqi economists and financial experts also talked about the currency auction corruption. Then we hear the CBI deny it all. Amazingly enough then we get an article soon afterwards telling us that al-Kazemi is making many drastic changes in high level personnel positions in the CBI. Go figure? We also heard just recently that the governor position is up for grabs too and it is just a matter of time before they select and announce the new director. Then on Monday this announcement came out and I quote: “after the appointment of a new governor of the central bank … earlier in the day, prime minister Mustafa al-Kazemi made changes to senior positions, the most prominent of which was the appointment of Mustafa Ghaleb al-Kitab as governor of the central bank instead of the previous governor, Ali al-Alaq.” This is WOW news! If these events were a piece of clay, we would see them molding Iraq into the necessary reforms that need to take place and get us to the bank. 2 1 5 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted September 16, 2020 Report Share Posted September 16, 2020 I thought the last thing the Goat said was that there was going to be no RV..... Quote Link to comment Share on other sites More sharing options...
new york kevin Posted September 16, 2020 Report Share Posted September 16, 2020 (edited) 1 hour ago, Rmc10 said: I thought the last thing the Goat said was that there was going to be no RV..... Don't listen to goats, they are baaaaaaaa d thinkers. Good article, and in the Rumors Section to boot. Edited September 16, 2020 by new york kevin 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted September 16, 2020 Report Share Posted September 16, 2020 1 hour ago, Rmc10 said: I thought the last thing the Goat said was that there was going to be no RV..... Rumor has it...the Goat & Joe Biden are one & the same. They flip flop on everything they say, by the day. 1 1 1 Quote Link to comment Share on other sites More sharing options...
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