Monday Afternoon @ 5:05 PM CST - 2/22/2021

[ronscarpa]

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

 

 

*** MilitiaMan *** Article: "The Iraqi Interior Minister arrives in Saudi Arabia at the head of a high-level delegation" Quote: "Without disclosing the purpose of the visit, which had not been announced previously." [Perhaps they are there as part of the launch of the new electronic payment system (QFS). BTW, set for launch today...] Perhaps...I would say your spot on. Things of this nature are not by coincidence, they are by design and a purpose...imo...


*** Jeff ***  When the rate does change Iraq will...have large 3 zero notes and smaller notes...the lager 3 zero notes and the new smaller notes are all still being as IQD.  Nothing is replacing anything.  Nothing is being cancelled out.  What will happen over a period of time is the large 3 zero notes will be removed and withdrawn from circulation...when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...

 

*** Footforward *** [Q? : I thought the dinar must be sent to the US Treasury for exchange? Possibly a 10 day turn-a-round to clear our accounts. Most likely the banks will exchange a small amount into cash, maybe 10K...]   ...they have the ability to verify in house...they won't give us tons of cash, but a 10 day turn around...if they have to send everything to the UST, what a nightmare... The treasury will keep the dinar. I don't question that.  The treasury will be sending it back to the Central Bank of Iraq...

 

 

[RV MY DINAR 3USD]

3 hours ago, ronscarpa said:

*** Jeff ***  when the rate changes...you're going to have large notes and small notes in circulation together at the same time sharing the same new increased exchange rate...that's how we get blessed from this...

i like the way you said that. hopefully, it is true..