Thursday Noontime Opinions @ 1:11 PM CDT - 7/22/2021

ronscarpa · July 22, 2021

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

** Frank26 You can't spring the monetary reform on the citizens, it would fail...they're making it very clear to the Iraqi citizens that the CBI and Kazemi are changing the exchange rate and changing the currency because the 3 zero notes will not work with the new exchange rate...the international community knows and that's why it's pouring into Iraq. They know that a change is coming from both of these issues - their currency and their exchange rate. Saleh...is explaining to the citizens the how's, the why's, the when's, the where's and soon the date of all of this. It's not a secret.

** Footforward Article: "Joint Statement from the U.S. Department of the Treasury and the State Bank of Vietnam" Article quote: "The SBV is also making ongoing efforts to further modernize and make more transparent its monetary policy and exchange rate framework. In support of these efforts, the SBV will continue to improve exchange rate flexibility over time, allowing the Vietnamese dong to move in line with the stage of development of the financial and foreign exchange markets and with economic fundamentals, while maintaining macroeconomic and financial market stability." Translation...we want you to revalue your currency now.