ronscarpa Posted October 29, 2020 Report Share Posted October 29, 2020 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're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff ...you're not going to see the second reading of the borrowing law this week. The earliest or soonest you will see it is next week...What does that mean? It's gonna take them about 45 days to get the law done....they're probably not going to complete it till around November 14th. That's just the borrowing law...the rate can't change until the borrowing law is done and the #1 thing we care about right now is simply the borrowing law. We don't care about anything else in the news right now. Just the borrowing law. The budget will come after the rate change... *** Pimpy Let me touch on these rumors going around...with anything that we do you're gonna have some people that think one way and some people who think another way...a youtuber is claiming there's not going to be any change with the Iraqi dinar. That's fine...this person is only expressing their opinion. This isn't set in any kind of evidence...There's nothing wrong with individuals expressing their opinion...nobody knows what going on with the Iraqi dinar...there's no doubt whatsoever that the Iraqi dinar exchange rate is too low. We know this...over the last month a lot of talk about the exchange rate. Both positive and negative...listen to all the different opinions...listen to the information and you filter through what you feel is BS and what is the truth...everything is speculation... *** Frank26 Article: "A 'knockout' blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis ... What will Iraq do about 'international conditions'?" ...Oh my goodness the Iraqi dinar got punched in the stomach. No...the translation is incorrect. The Iraqi dinar isn't being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community...the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform...has told you that the new small category notes have already been printed. For what reason? Quote "For the end of our financial crisis." ...In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4... 2 6 5 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted October 29, 2020 Report Share Posted October 29, 2020 Thanks Ronscarpa.. I see Guru J has moved the finish line again.. 😃 1 1 Quote Link to comment Share on other sites More sharing options...
cranman Posted October 30, 2020 Report Share Posted October 30, 2020 4 hours ago, NoviceInvestor said: Thanks Ronscarpa.. I see Guru J has moved the finish line again.. 😃 At least he is consistent. He always moves it. But please don't question him He gets upset. Lol 1 1 Quote Link to comment Share on other sites More sharing options...
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