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Saturday Night Opinions @ 10:55 PM CDT - 11/28/2020


ronscarpa
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Good Evening DV, 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. :twothumbs:RON

 

 

*** MilitiaMan   Article:  "The housing fund adopts electronic collection in collecting money"   Fairly sure, the ATMs will have some new issues inside them.. Especially when we see them talking about the deletion of the zeros and the exchange rate to the Dollar.. Going to a market economy will require it...imo

 

*** MilitiaMan  Article:  "The Central Bank launches the electronic collection project for the housing fund"   AUTOMATION...They already told us about the ELECTRONIC DINAR!! More evidence they are gearing for a whole new economy and way of doing business...Going DIGITAL...Going Global...Love it..

 

*** Breitling   ...Iraq is not going to change.  They have a desire.  They have a need to add value to their currency that they control.  Do they want U.S. dollars?  Sure, but they don't control it.  They want a currency that they can control...Is that going to change if Biden gets in?  No.  You don't need to worry about that.  What comes under the two administration is - What is the rate going to come out at?  And then how far can the value of that currency go - at what speed?



 

*** MilitiaMan   Article:  "Parliamentary Finance issues a package of reforms that includes imposing a value-added tax and reviewing the dollar exchange rate"   Surely they have presented the papers for the taxes at this time for a purpose. They will delete the zeros to be able to afford the 12% tax. Added value to the dinar will allow for the tax to be absorbed by even the poor...Quite clear now they have full intentions of raising the three zeros and going to an international free market economy...(post 1 of 2)...

 

*** MilitiaMan  They are going to issue the electronic dinar. Just as their neighbors are doing, too. They are effectively going to be more cashless in the end run. In the mean time the automation of the ports and borders will be taxing them, too. They will automatically be able to adjust pricing when needed.  IF we recall the UN was in town this week. The UN wanted the correction to the White Papers...Well that correction is the rate, imo...The UN didn't show up just for shiz and gigs, be sure...imo... I hope this one...sets well for everyone, as the reviewing of the exchange rate to the dollar and the deletion of zeros is some serious meat on the bone...imo...(post 2 of 2)... 



*** Pimpy   Very interesting big moves happening that definitely will have an effect on the dinar IMO.  Article:  "Iraq is preparing a plan to join the World Trade Organization in early 2021"  ...this is great news...I really want to see this happen for them.  Getting them in the World Trade Organization will really help Iraq grow.  This effects both the currency and as well as shares on the ISX...I'm encouraged by what I see...this is looking good...

 

 

:tiphat:

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