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Thursday Night Opinions @ 11:11 PM CDT - 9/16/2021


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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 



*** Frank26  Iraq is paying its bills in its own currency.  That in itself is an indicator of a change in their monetary reform.  A change in their currency.  A change in their exchange rate.  A change in their banking structure.  Iraq is paying all of its debt in Iraqi dinars...I believe they're doing it on a second set of books...They're selling their oil in Iraqi dinars.  Do you understand the power of that?  A change in their monetary reform has occurred...

*** Kaperoni  ...Iraq is going to Buy and sell oil in dinars based on a new exchange rate...That could never happen because OPEC petrodollar is the US Dollar.  [Reference Frank26 post]




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I'm not sure whether the above post by Frank is what Kaperoni is referencing above, or the following one from yesterday:



*** Frank26  Your [Iraqi citizens'] government is now buying and selling your oil in Iraqi dinars based on an RV calculation that was done many years ago...they took it all the way up to $125 [Dinars?] a barrel...Buying and selling with the Iraqi dinar.  No longer with the American dollar.    This is huge.  This is a huge step in your monetary reform.  Hoo Rah !!!

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I don't believe that they will ever use their dinars for paying anything until they revalue.  Why would they pay with dinars, and then make them for valuable after the fact.  Makes no sense to me....:facepalm1:   Hey, but what do I know???  I am not a corrupt politician!  :confused2:

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