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Wednesday Midnight Opinions - 10/27/2021


ronscarpa
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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 



** Kaperoni   I often tell people we need to be patient with Iraq because the most important thing is for them to build a private sector economy.  If they do not succeed they will have no choice but then Redenomination the dinar (LOP) notes. Which is not what we want to see.  Despite the frequent nonsense...about deleting three zeros as something that is good. What the Iraqi government is talking about is not. It is a neutral event that does not provide any significant gain to the Iraqi dinar. [Post 1 of 2]..

 

** Kaperoni   Building an economy / private sector improves Iraq's economy in all phases...manufacturing, tourism, agriculture etc. That kind of success growth then would warrant the value of the dinar to gradually appreciate...Having the dinar rise in value is the result of that success. There is no shortcut that is good. [Post 2 of 2]..




** Militiaman  There is reason to be excited! ...The evidence is quite clear they have every intention to be digitized, down to their currency. It is no secret anymore that the world is going to be operating at a far more advance pace...So, what can we expect going forward?  Global inter-connectivity. We have been told by the CBI / AMF that they have successfully cleared the Euro with the Jordanian Dinar (JOD). [Post 1 of 2]..

** Militiaman   My understanding is, that success story was not the only story to be successful...The communication system will require the cross border payments to be transparent, fast and secure. And it is. So, now we just have to watch and see how long they can last without 1,000 - 10,000k notes, let alone 25k notes.  Fairly sure they told us they have been paying citizens electronically and as recent as this past week, so if everyone that gets electronic payments now will be ready for the switch over to having less cash on hand. I'll be looking to have a little more...lol   [Post 2 of 2]..



** Pimpy  Now this is interesting.  Listen to this because this should tell you what you need to know about cryptocurrencies and the great reset...  Article: "Al-Kazemi advisor comments on a Shafak News report on 'digital currencies and warns against one of them"  Listen to this because this is going to tell you why you should support cryptocurrency ...cryptocurrencies are now coming into Iraq.  There was one that was created and now starting to pick up steam as people have more faith in the cryptocurrency than they do its own currency.   [Post 1 of 2]..

** Pimpy Article quote: "Salih told Shafaq News there are two types of digital currency, one of which is called cryptocurrency,' noting that 'it is a system outside the control of central banks and financial markets, and it is traded through its subscribers and founders, so that there is a commodity exchange and coverage of transactions outside the control of international finical supervision.' "  Don't you love it?  Of course.  That means a currency for the people by the people.  That is cryptocurrencies.  He's telling you it's outside of their control.  They can't control it.  [Post 2 of 2]..

 

 

:tiphat:

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4 hours ago, ronscarpa said:

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 



** Kaperoni   I often tell people we need to be patient with Iraq because the most important thing is for them to build a private sector economy.  If they do not succeed they will have no choice but then Redenomination the dinar (LOP) notes. Which is not what we want to see.  Despite the frequent nonsense...about deleting three zeros as something that is good. What the Iraqi government is talking about is not. It is a neutral event that does not provide any significant gain to the Iraqi dinar. [Post 1 of 2]..

 

** Kaperoni   Building an economy / private sector improves Iraq's economy in all phases...manufacturing, tourism, agriculture etc. That kind of success growth then would warrant the value of the dinar to gradually appreciate...Having the dinar rise in value is the result of that success. There is no shortcut that is good. [Post 2 of 2]..




** Militiaman  There is reason to be excited! ...The evidence is quite clear they have every intention to be digitized, down to their currency. It is no secret anymore that the world is going to be operating at a far more advance pace...So, what can we expect going forward?  Global inter-connectivity. We have been told by the CBI / AMF that they have successfully cleared the Euro with the Jordanian Dinar (JOD). [Post 1 of 2]..

** Militiaman   My understanding is, that success story was not the only story to be successful...The communication system will require the cross border payments to be transparent, fast and secure. And it is. So, now we just have to watch and see how long they can last without 1,000 - 10,000k notes, let alone 25k notes.  Fairly sure they told us they have been paying citizens electronically and as recent as this past week, so if everyone that gets electronic payments now will be ready for the switch over to having less cash on hand. I'll be looking to have a little more...lol   [Post 2 of 2]..



** Pimpy  Now this is interesting.  Listen to this because this should tell you what you need to know about cryptocurrencies and the great reset...  Article: "Al-Kazemi advisor comments on a Shafak News report on 'digital currencies and warns against one of them"  Listen to this because this is going to tell you why you should support system" rel="">support cryptocurrency ...cryptocurrencies are now coming into Iraq.  There was one that was created and now starting to pick up steam as people have more faith in the cryptocurrency than they do its own currency.   [Post 1 of 2]..

** Pimpy Article quote: "Salih told Shafaq News there are two types of digital currency, one of which is called cryptocurrency,' noting that 'it is a system outside the control of central banks and financial markets, and it is traded through its subscribers and founders, so that there is a commodity exchange and coverage of transactions outside the control of international finical supervision.' "  Don't you love it?  Of course.  That means a currency for the people by the people.  That is cryptocurrencies.  He's telling you it's outside of their control.  They can't control it.  [Post 2 of 2]..

 

 

:tiphat:

Thanks Ron, much appreciated sir 🙏

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